BETA

TIPPING POINT PRIVATE FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
TIPPING POINT PRIVATE FOUNDATION (EIN 82-1316271)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-04-25
IRS object ID
202411169349100921
Schema version
2023v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-04-25T09:45:17-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN821316271EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Tipping Point Private FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlTIPPBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDARREN SPARKSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8008391754PhoneNum
Signature2024-04-18SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDARRENPersonFirstNm
Person LastSPARKSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum

Additional Filer Information AdditionalFilerInformation

FieldValueIRS element (for citing)
Trusted CustomerTrustedCustomerGrp
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$390,611FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$498,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1,255InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,255InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$12,306DividendsRevAndExpnssAmt
Dividends Net Invst Incm$12,306DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$5,226NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$233,050GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$506,335TotalRevAndExpnssAmt
Total Net Invst Incm$13,561TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Oth Empl Slrs Wgs Rev And Expnss$90,186OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$90,186OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$7,441PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl$7,441PensionEmplBnftDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$3,588OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$3,588OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$129TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$6,149TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$6,149TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$67PrintingAndPubRevAndExpnssAmt
Printing And Pub Dsbrs Chrtbl$67PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$18,414OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$18,414OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$125,974TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,588TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$122,257TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$355,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$355,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$480,974TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,588TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$477,257TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$25,361ExcessRevenueOverExpensesAmt
Net Investment Income$9,973NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$22,395SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$167,252SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$167,252SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$334,638CorporateStockBOYAmt
Corporate Stock EOY$215,142CorporateStockEOYAmt
Corporate Stock EOYFMV$223,359CorporateStockEOYFMVAmt
Total Assets BOY$357,033TotalAssetsBOYAmt
Total Assets EOY$382,394TotalAssetsEOYAmt
Total Assets EOYFMV$390,611TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$357,033RetainedEarningBOYAmt
Retained Earning EOY$382,394RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$357,033TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$382,394TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$357,033TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$382,394TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$357,033TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$25,361ExcessRevenueOverExpensesAmt
Subtotal$382,394SubtotalAmt
Tot Net Ast Or Fund Balances EOY$382,394TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$233,050GrossSalesPriceAmt
Cost Or Other Basis$238,276CostOrOtherBasisAmt
Gain Or Loss-$5,226GainOrLossAmt
Gains Minus Excess Or Losses-$5,226GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$5,226CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$139InvestmentIncomeExciseTaxAmt
Subtotal$139SubtotalAmt
Tax Based On Investment Income$139TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$139TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcYes (true)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonDarren SparksPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
TitleDir, Pres, Sec, TreasTitleTxt
Average Hrs Per Wk Devoted To Pos1.0AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp

FieldValueIRS element (for citing)
PersonVERONICA CARRAIPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13850 N WILKE RDAddressLine1Txt
CityARLINGTON HEIGHTSCityNm
State AbbreviationILStateAbbreviationCd
ZIP60004ZIPCd
FieldValueIRS element (for citing)
TitleEXECUTIVE DIRECTORTitleTxt
Average Hrs Per Wk Devoted To Pos40.0AverageHrsPerWkDevotedToPosRt
Compensation$90,186CompensationAmt
Employee Benefits$162EmployeeBenefitsAmt
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$277,567AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$55,819AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$333,386TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$333,386AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,001CashDeemedCharitableAmt
Net Vl Noncharitable Assets$328,385NetVlNoncharitableAssetsAmt
Minimum Investment Return$16,419MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$16,419MinimumInvestmentReturnAmt
Tax Based On Investment Income$139TaxBasedOnInvestmentIncomeAmt
Total Tax$139TotalTaxAmt
Distributable Before Adj$16,280DistributableBeforeAdjAmt
Distributable Before Ded$16,280DistributableBeforeDedAmt
Distributable As Adjusted$16,280DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$477,257ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$477,257QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$16,280DistributableAsAdjustedAmt
Prior Year12021PriorYear1Yr
Prior Year22020PriorYear2Yr
Prior Year32019PriorYear3Yr
Excess Distribution Cyov Yr5$66,602ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$166,389ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$402,019ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$304,797ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$416,033ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,355,840TotalExcessDistributionCyovAmt
Qualifying Distributions$477,257QualifyingDistributionsAmt
Applied To Current Year$16,280AppliedToCurrentYearAmt
Remaining Distri From Corpus$460,977RemainingDistriFromCorpusAmt
Total Corpus$1,816,817TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$66,602ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,750,215ExcessDistriCyovToNextYrAmt
Excess From Year4$166,389ExcessFromYear4Amt
Excess From Year3$402,019ExcessFromYear3Amt
Excess From Year2$304,797ExcessFromYear2Amt
Excess From Year1$416,033ExcessFromYear1Amt
Excess From Current Year$460,977ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerDarren SparksContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ANIMAL ADVOCACY CAREERS
201 E CENTER ST STE 112ANAHEIMCA92805N/APCCBR - Capacity Building$5,000
ANIMAL CHARITY EVALUATORS
440 N BARRANCA AVE 3480COVINACA91723N/APCGeneral & Unrestricted$50,000
ANIMAL DEFENSE PARTNERSHIP INC
923 SAW MILL RIVER RD 242ARDSLEYNY10502N/APCCBR - Capacity Building$5,000
ANIMAL OUTLOOK INC
6930 CARROLL AVE STE 439TAKOMA PARKMD20912N/APCAnimal Outlook's legal strategy to benefit animals$25,000
BLACK VEGETARIAN SOCIETY OF MARYLAND
840 N EUTAW ST STE 2BALTIMOREMD21201N/APCGeneral & Unrestricted$2,500
FAUNALYTICS
PO BOX 152703SAN DIEGOCA92195N/APCCBR fund$5,000
HUMANE AMERICA ANIMAL FOUNDATION
310 N INDIAN HILL BLVD 800CLAREMONTCA91711N/APCFarm Animal Funders - funding annual administrative costs$2,500
INTERNATIONAL DOCUMENTARY ASSOCIATION
3600 WILSHIRE BLVD STE 1810LOS ANGELESCA90010N/APC"The smell of money" documentary$30,000
KARUNA FOUNDATION
7522 MONARCH RDNIWOTCO80503N/APCveganuary work in Germany$20,000
KARUNA FOUNDATION
7522 MONARCH RDNIWOTCO80503N/APCFBO Vegan Hacktivists CBR - capacity building$5,000
LEGAL IMPACT FOR CHICKENS
2108 N ST 5239SACRAMENTOCA95816N/APCLegal Impact for Chickens's litigation strategy$20,000
POLLINATION PROJECT FOUNDATION
102 COLLEGE STA DR STE 3 PMB 27BREVARDNC28712N/APCThe Pollination Project and Tipping point private foundation's farmed animals advocacy work$60,000
PROVEG INTERNATIONAL INCORPORATED
82 WENDELL AVE EXT SUITE 100PITTSFIELDMA01201N/APCAVA summit in LA and ava summit in asia$35,000
RETHINK PRIORITIES
530 DIVISADERO ST PMB 796SAN FRANCISCOCA94117N/APCRethink Priorities, Insects and Invertebrates initiative$50,000
SENTIENT MEDIA
2984 B FOLSOM STSAN FRANCISCOCA94110N/APCCapacity building$5,000
THE HUMANE LEAGUE
PO BOX 10476ROCKVILLEMD20849N/APCThe Humane League's work in Asia$30,000
UNIVERSITY OF DENVER
2199 S UNIVERSITY BLVDDENVERCO80208N/APCCBR - Capacity Building in support of Animal Activist legal defense fund at university of denver sturm college of law$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$355,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,255ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$12,306ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$5,226ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$8,335ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$8,335TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonDarren SparksContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line12344 Shields AvenueAddressLine1Txt
CityEugeneCityNm
State AbbreviationORStateAbbreviationCd
ZIP97405ZIPCd
FieldValueIRS element (for citing)
Total Contributions$498,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (16 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
GOLDMAN SACHS INTL EQUITY INSI$8,175$8,057
GQG PARTNERS EMERGING MARKETS$3,966$3,959
INVESCO S&P 500 EQUAL WEIGHT E$24,579$25,248
ISHARES BARCLAYS TIPS BOND FUN$1,961$1,612
ISHARES GOLD TR$2,008$2,225
ISHARES MSCI USA QUALITY FACTO$17,375$21,924
ISHARES S&P 500 INDEX FD$14,752$17,672
JANUS HENDERSON AAA CLO ETF$66,588$67,452
JOHCM INTERNATIONAL SELECT FUN$4,906$4,124
PARAMETRIC VOL RISK PREMIUM DE$12,815$13,049
PRINCIPAL MIDCAP FUND; R6$7,079$7,373
RBC EMERGING MARKETS EQUITY I$3,245$3,245
UNDISCOVERED MANAGERS BEHAVIOR$6,636$6,782
VANGUARD FTSE DEVELOPED MARKET$5,464$5,317
VANGUARD FTSE EMERGING MARKETS$2,258$2,055
VANGUARD SHORT-TERM TREASURY A$33,335$33,265

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationAs explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $355,000. This amount represents 25% or more of the Foundation's net assets of $339,869 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.ExplanationTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$13,031$13,031
Cell Phone Expense$1,747$1,747
Computers/Electronic Devices$2,381$2,381
Digital Subscriptions$150$150
Equipment/Furniture Purchase$250$250
Office Supplies$351$351
State or Local Filing Fees$25$25
Website Hosting/Support$479$479

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$3,588Amt
Net Investment Income$3,588NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990-PF Excise Tax for 2022CategoryTxt
Amt$129Amt

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