MARK AND JESSIE MILANO FOUNDATION: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- MARK AND JESSIE MILANO FOUNDATION (EIN 20-8004580)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-06-12
- IRS object ID
- 202621639349101017
- Schema version
- 2025v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-06-12T14:37:15-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208004580 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mark and Jessie Milano Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | MARK | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JESSIE MILANO | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2026-06-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $5,763,190 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $5,294 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,294 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $124,294 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $124,294 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $963,589 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,706,824 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $963,589 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,093,177 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,093,177 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $43,421 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $43,421 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $10,522 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $422 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $30,105 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $102 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $30,003 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $84,048 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $43,945 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $30,003 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $499,950 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $499,950 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $583,998 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $43,945 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $529,953 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $509,179 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,049,232 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $73,423 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $101,905 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $101,905 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $779,797 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $968,638 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $971,605 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $2,856,628 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,205,743 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,255,715 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $491,376 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $434,117 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $433,965 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $4,201,224 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,710,403 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $5,763,190 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $4,201,224 | RetainedEarningBOYAmt |
| Retained Earning EOY | $4,710,403 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,201,224 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $4,710,403 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,201,224 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,710,403 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,201,224 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $509,179 | ExcessRevenueOverExpensesAmt |
| Subtotal | $4,710,403 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $4,710,403 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $3,706,824 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,743,235 | CostOrOtherBasisAmt |
| Gain Or Loss | $963,589 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $963,589 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $963,589 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $14,584 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $14,584 | SubtotalAmt |
| Tax Based On Investment Income | $14,584 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,293 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $7,300 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $14,593 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $9 | OverpaymentAmt |
| Applied To ES Tax | $9 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Jessie Milano | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Mark R Milano | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir, Sec | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $5,619,881 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $174,887 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,794,768 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,794,768 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $86,922 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,707,846 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $285,392 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $285,392 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $14,584 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $14,584 | TotalTaxAmt |
| Distributable Before Adj | $270,808 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $270,808 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $270,808 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $529,953 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $529,953 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $270,808 | DistributableAsAdjustedAmt |
| Prior Year1 | 2023 | PriorYear1Yr |
| Prior Year2 | 2022 | PriorYear2Yr |
| Prior Year3 | 2021 | PriorYear3Yr |
| Excess Distribution Cyov Yr3 | $42,004 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $557,132 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $599,136 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $529,953 | QualifyingDistributionsAmt |
| Applied To Current Year | $270,808 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $259,145 | RemainingDistriFromCorpusAmt |
| Total Corpus | $858,281 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $858,281 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $42,004 | ExcessFromYear3Amt |
| Excess From Year1 | $557,132 | ExcessFromYear1Amt |
| Excess From Current Year | $259,145 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ADVENTIST HEALTH MEDICAL CENTER TEHACHAPI | |||||||
| 1100 MEGELLAN DR | TEHACHAPI | CA | 93561 | N/A | PC | Adventist Health Tehachapi Valley Outpatient Clinic endowment fund | $200,000 |
| BAKERSFIELD COLLEGE FOUNDATION | |||||||
| 1801 PANORAMA DR | BAKERSFIELD | CA | 93305 | N/A | PC | Charitable Event | $5,000 |
| BEAR VALLEY BUCKAROOS INC | |||||||
| 22430 FARGO WAY | TEHACHAPI | CA | 93561 | N/A | PC | Champion Saddles Award fund | $1,100 |
| CALIFORNIA POLYTECHNIC STATE UNIVERSITY FOUNDATION | |||||||
| 4800 MORABITO PL 120 | SAN LUIS OBISPO | CA | 93401 | N/A | PC | Cal Poly Rodeo Scholarship Fund | $50,000 |
| CALIFORNIA POLYTECHNIC STATE UNIVERSITY FOUNDATION | |||||||
| 4800 MORABITO PL 120 | SAN LUIS OBISPO | CA | 93401 | N/A | PC | California State University San Luis Obispo Milano family rodeo scholarship endowment fund | $75,000 |
| CALIFORNIA STATE UNIVERSITY | |||||||
| 5151 STATE UNIVERSITY DR | LOS ANGELES | CA | 90032 | N/A | GOV | James Garrett Memorial Scholarship fund | $27,500 |
| CRISIS PREGNANCY CENTER OF TEHACHAPI | |||||||
| 103 E D ST | TEHACHAPI | CA | 93561 | N/A | PC | General & Unrestricted | $2,500 |
| FLIGHT TEST HISTORICAL FOUNDATION | |||||||
| PO BOX 57 | EDWARDS | CA | 93523 | N/A | PC | General & Unrestricted | $5,000 |
| FRIENDS OF CRUM ELBOW MEETING HOUSE INC | |||||||
| 144 RUSKEY LN | HYDE PARK | NY | 12538 | N/A | PC | Restoration of three windows fund | $3,600 |
| FUTURE FARMERS OF AMERICA STATE ASSOCIATION & LOCA | |||||||
| 21121 SIERRA VISTA DR | TEHACHAPI | CA | 93561 | N/A | PC | 2026 Greater Tehachapi FFA Chapter Scholarship Fund | $1,000 |
| FUTURE FARMERS OF AMERICA STATE ASSOCIATION & LOCA | |||||||
| 21121 SIERRA VISTA DR | TEHACHAPI | CA | 93561 | N/A | PC | 2025 Kern County Fair Participation by Greater Tehachapi FFA members fund | $2,500 |
| FUTURE FARMERS OF AMERICA STATE ASSOCIATION & LOCA | |||||||
| 21121 SIERRA VISTA DR | TEHACHAPI | CA | 93561 | N/A | PC | Charitable Event | $750 |
| PACIFIC JUSTICE INSTITUTE - USA | |||||||
| PO BOX 7 | GARDEN GROVE | TX | 92842 | N/A | PC | General & Unrestricted | $500 |
| TEHACHAPI ARTS COMMISSION | |||||||
| 27457 CLEAR CREEK RD | KEENE | CA | 93531 | N/A | PC | arts education in the Greater Tehachapi area and local arts scholarship fund | $2,500 |
| Tehachapi High | |||||||
| 801 S DENNISON RD | Tehachapi | CA | 93561 | N/A | GOV | 2026 Milano Family scholarship fund | $10,000 |
| Tehachapi High | |||||||
| 801 S DENNISON RD | Tehachapi | CA | 93561 | N/A | GOV | Milano Family Scholarship fund | $10,000 |
| Tehachapi High | |||||||
| 801 S DENNISON RD | Tehachapi | CA | 93561 | N/A | GOV | 2026 TRWF Scholarship Fund | $500 |
| Tehachapi High | |||||||
| 801 S DENNISON RD | Tehachapi | CA | 93561 | N/A | GOV | TRWF Scholarship Fund | $500 |
| TEHACHAPI MOUNTAIN RODEO ASSOCIATION | |||||||
| PO BOX 63 | TEHACHAPI | CA | 93581 | N/A | PC | General & Unrestricted | $20,000 |
| THE CALIFORNIA 4-H FOUNDATION | |||||||
| 2801 SECOND ST | DAVIS | CA | 95618 | N/A | PC | General & Unrestricted | $25,000 |
| THE CALIFORNIA 4-H FOUNDATION | |||||||
| 2801 SECOND ST | DAVIS | CA | 95618 | N/A | PC | Kern County 4-H Greater Tehachapi Area 2025 Livestock projects: United 4-H, Stallion Springs 4-H,Four Season 4-H, and Tehachapi Mountain 4-H | $12,500 |
| THE CALIFORNIA 4-H FOUNDATION | |||||||
| 2801 SECOND ST | DAVIS | CA | 95618 | N/A | PC | 2025 Modoc County 4-H Milano Family Scholarship Endowment fund | $10,000 |
| THE CALIFORNIA 4-H FOUNDATION | |||||||
| 2801 SECOND ST | DAVIS | CA | 95618 | N/A | PC | 2026 Modoc County 4-H Milano Family Scholarship fund | $15,000 |
| THE CALIFORNIA 4-H FOUNDATION | |||||||
| 2801 SECOND ST | DAVIS | CA | 95618 | N/A | PC | Kern County 4-H Scholarship Fund | $8,000 |
| THE CALIFORNIA 4-H FOUNDATION | |||||||
| 2801 SECOND ST | DAVIS | CA | 95618 | N/A | PC | Greater Tehachapi 4-H Clubs for Presentation day and programming to Greater Tehachapi 4-H club scholarship fund | $11,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $499,950 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,294 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $124,294 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $963,589 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,093,177 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,093,177 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (13 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMERICAN TOWER CORP NOTE - 5.6 | $41,427 | $42,210 |
| AT&T INC - 4.300% - 02/15/2030 | $43,806 | $40,083 |
| BK OF AMERICA CORP SER - 3.593 | $35,561 | $34,763 |
| CITIGROUP INC NOTE - 2.561% - | $39,205 | $40,869 |
| COCA COLA CO NOTE CALL - 1.375 | $25,214 | $26,326 |
| CVS CAREMARK CORP NOTE - 4.300 | $32,826 | $30,107 |
| DUKE ENERGY CORP - 3.400% - 06 | $31,689 | $34,198 |
| GOLDMAN SACHS GROUP - 4.223% - | $34,498 | $35,081 |
| JEFFERIES GROUP LLC - 4.850% - | $30,538 | $30,202 |
| ORACLE CORP NOTE CALL MAKE WHO | $30,377 | $31,428 |
| PROLOGIS - 2.125% - 04/15/2027 | $35,318 | $34,258 |
| T MOBILE - 3.875% - 04/15/2030 | $33,398 | $34,455 |
| UNITEDHEALTH GROUP INC - 3.850 | $20,260 | $19,985 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (84 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 3M CO | $21,761 | $24,015 |
| ACE LTD | $23,136 | $24,970 |
| ADOBE SYSTEMS, INC | $1,782 | $7,000 |
| ADVANCED MICRO DEVICES INC | $18,529 | $32,124 |
| ALPHABET INC CL A | $90,125 | $209,710 |
| ALTRIA GROUP INC | $15,268 | $14,992 |
| AMAZON COM | $84,438 | $124,643 |
| APPLE INC | $66,562 | $212,051 |
| ARISTA NETWORKS | $12,965 | $13,103 |
| BANK OF AMERICA CORP | $14,668 | $15,950 |
| BERKSHIRE HATHAWAY INC. CLASS | $52,987 | $70,371 |
| BOEING CO | $38,912 | $39,082 |
| BROADCOM INC | $33,635 | $83,064 |
| CAPITAL ONE FINANCIAL CORP | $18,444 | $31,507 |
| CATERPILLAR INC | $23,197 | $36,664 |
| CHEVRON CORP | $38,798 | $41,151 |
| CINTAS CRP | $2,120 | $15,046 |
| CISCO SYSTEMS INC | $32,627 | $38,515 |
| CITIGROUP INC | $16,365 | $24,505 |
| CITY NATIONAL ROCHDALE REINSUR | $191,669 | $256,648 |
| CITY NATL ROCHDALE FIXED INCOM | $417,085 | $366,082 |
| COSTCO WHOLESALE CORPORATION | $18,711 | $17,247 |
| CSX CORP | $8,780 | $9,425 |
| DANAHER CORP | $26,915 | $27,470 |
| DIAMONDBACK ENERGY INC | $15,481 | $16,536 |
| ELI LILLY & CO | $32,195 | $42,987 |
| EMERSON ELECTRIC CO | $12,661 | $13,272 |
| EOG RESOURCES INC | $44,601 | $38,854 |
| EQUINIX, INC | $35,090 | $30,646 |
| FEDERATED INSTI HIGH YIELD BD | $60,404 | $62,235 |
| GE VERNOVA | $19,049 | $19,607 |
| GENERAL MOTORS | $10,567 | $16,264 |
| HONEYWELL INTL | $13,388 | $13,656 |
| INTEL CORP | $16,940 | $28,044 |
| INTERNATIONAL BUSINESS MACHINE | $8,782 | $9,479 |
| INTUIT | $38,159 | $33,121 |
| INTUITIVE SURGICAL | $47,773 | $50,972 |
| IRON MOUNTAIN | $23,685 | $20,738 |
| ISHARES 0 5 YEAR HIGH YIELD CO | $79,625 | $80,724 |
| ISHARES IBOXX $ HIGH YIELD COR | $31,005 | $31,043 |
| ISHARES JP MORGAN USD EM MKTS | $24,733 | $24,840 |
| ISHARES RUSSELL 2000 | $61,156 | $77,787 |
| ISHARES TRUST RUSSELL MIDCAP I | $122,417 | $145,945 |
| JP MORGAN CHASE | $12,950 | $74,111 |
| KKR & CO INC | $16,421 | $15,298 |
| KLA TENCOR CORP | $23,357 | $37,667 |
| KROGER CO | $15,739 | $14,995 |
| LINDE PLC COM | $37,049 | $38,375 |
| MASTERCARD INC | $8,171 | $55,375 |
| MCDONALD'S CORP | $13,932 | $35,147 |
| MERCK & CO INC | $18,764 | $24,210 |
| META PLATFORMS INC | $60,593 | $72,610 |
| MICROSOFT CORP | $27,674 | $193,448 |
| MOTOROLA SOLUTIONS INC | $9,119 | $8,433 |
| NETFLIX INC | $19,197 | $15,002 |
| NEXTERA ENERGY, INC | $5,515 | $11,560 |
| NIKE INC-CL B | $35,832 | $35,678 |
| NVIDIA CORP | $116,101 | $238,719 |
| O'REILLY AUTOMOTIVE INC | $16,945 | $17,330 |
| ORACLE CORP | $28,362 | $31,186 |
| PALO ALTO NETWORKS INC | $27,539 | $25,788 |
| PFIZER INC | $30,777 | $31,374 |
| PHILIP MORRIS INTL | $52,030 | $46,516 |
| PIMCO INCOME FUND | $48,166 | $49,877 |
| PROCTER GAMBLE CO | $29,324 | $25,796 |
| PROLOGIS | $12,781 | $12,766 |
| SALESFORCE.COM | $42,074 | $39,737 |
| SCHLUMBERGER LTD | $18,047 | $16,503 |
| SERVICE NOW | $17,945 | $15,319 |
| SOUTHERN CO | $14,608 | $14,824 |
| STRYKER CORPORATION | $46,209 | $42,176 |
| T-MOBILE US INC | $9,765 | $24,365 |
| TEXAS INSTRUMENTS INC | $14,575 | $13,879 |
| THE COCA-COLA CO | $18,638 | $18,177 |
| THERMO FISHER SCIENTIFIC INC | $14,687 | $46,356 |
| TJX COMPANIES INC | $13,797 | $32,258 |
| UNION PACIFIC | $13,343 | $13,879 |
| UNITED PARCEL SERVICE | $23,547 | $22,814 |
| UNITEDHEALTH GROUP INC | $28,377 | $29,710 |
| VANGUARD FTSE DEVELOPED MARKET | $225,932 | $227,827 |
| VERIZON COMMUNICATIONS | $19,910 | $18,329 |
| WAL-MART STORES INC | $15,828 | $41,222 |
| WASTE MANAGEMENT INC | $21,070 | $19,774 |
| WELLTOWER INC. | $13,863 | $15,220 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $968,638 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $971,605 | USGovtObligationsEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $29,725 | $29,725 | |
| Bank Charges | $102 | $102 | |
| Postage/Delivery Service | $128 | $128 | |
| State or Local Filing Fees | $150 | $150 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $43,421 | Amt |
| Net Investment Income | $43,421 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2025 | $7,200 | |
| 990-PF Extension for 2024 | $2,900 | |
| Foreign Tax Paid | $422 | $422 |
Comments