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STEEDMAN FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
STEEDMAN FAMILY FOUNDATION (EIN 83-3030267)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-04-18
IRS object ID
202441099349100904
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)
Return2024-04-18T09:13:14-05:00ReturnTs
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)
EIN833030267EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Steedman Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlSTEEBusinessNameControlTxt
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)
PersonALEXANDRA STEEDMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8008391754PhoneNum
Signature2024-03-27SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstALEXANDRAPersonFirstNm
Person LastSTEEDMANPersonLastNm
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$174,280FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$52,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$218InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$218InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$3,360DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,360DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$763NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$6,634GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$763CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$56,341TotalRevAndExpnssAmt
Total Net Invst Incm$4,341TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$1,315OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$1,315OtherProfFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$10,168OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$10,168OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$11,483TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,315TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$10,168TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$60,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$60,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$71,483TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,315TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$70,168TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$15,142ExcessRevenueOverExpensesAmt
Net Investment Income$3,026NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$109,613SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$41,699SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$41,699SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$70,709CorporateStockBOYAmt
Corporate Stock EOY$123,481CorporateStockEOYAmt
Corporate Stock EOYFMV$132,581CorporateStockEOYFMVAmt
Total Assets BOY$180,322TotalAssetsBOYAmt
Total Assets EOY$165,180TotalAssetsEOYAmt
Total Assets EOYFMV$174,280TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$180,322RetainedEarningBOYAmt
Retained Earning EOY$165,180RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$180,322TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$165,180TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$180,322TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$165,180TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$180,322TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$15,142ExcessRevenueOverExpensesAmt
Subtotal$165,180SubtotalAmt
Tot Net Ast Or Fund Balances EOY$165,180TotNetAstOrFundBalancesEOYAmt

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$6,634GrossSalesPriceAmt
Cost Or Other Basis$5,871CostOrOtherBasisAmt
Gain Or Loss$763GainOrLossAmt
Gains Minus Excess Or Losses$763GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$763CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$42InvestmentIncomeExciseTaxAmt
Subtotal$42SubtotalAmt
Tax Based On Investment Income$42TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$79EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$79TotalPaymentsAndCreditsAmt
Overpayment$37OverpaymentAmt
Applied To ES Tax$37AppliedToESTaxAmt

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 ContributorsYes (true)NewSubstantialContributorsInd
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)
PersonAlexandra SteedmanPersonNm

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
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$115,459AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$63,512AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$178,971TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$178,971AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,685CashDeemedCharitableAmt
Net Vl Noncharitable Assets$176,286NetVlNoncharitableAssetsAmt
Minimum Investment Return$8,814MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$8,814MinimumInvestmentReturnAmt
Tax Based On Investment Income$42TaxBasedOnInvestmentIncomeAmt
Total Tax$42TotalTaxAmt
Distributable Before Adj$8,772DistributableBeforeAdjAmt
Distributable Before Ded$8,772DistributableBeforeDedAmt
Distributable As Adjusted$8,772DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$70,168ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$70,168QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$8,772DistributableAsAdjustedAmt
Prior Year12021PriorYear1Yr
Prior Year22020PriorYear2Yr
Prior Year32019PriorYear3Yr
Excess Distribution Cyov Yr4$76,341ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$79,832ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$78,931ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$36,172ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$271,276TotalExcessDistributionCyovAmt
Qualifying Distributions$70,168QualifyingDistributionsAmt
Applied To Current Year$8,772AppliedToCurrentYearAmt
Remaining Distri From Corpus$61,396RemainingDistriFromCorpusAmt
Total Corpus$332,672TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$332,672ExcessDistriCyovToNextYrAmt
Excess From Year4$76,341ExcessFromYear4Amt
Excess From Year3$79,832ExcessFromYear3Amt
Excess From Year2$78,931ExcessFromYear2Amt
Excess From Year1$36,172ExcessFromYear1Amt
Excess From Current Year$61,396ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerAlexandra SteedmanContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BROOKLYN BRIDGE ANIMAL WELFARE COALITION INC
PO BOX 22948BROOKLYNNY11202N/APCGeneral & Unrestricted$15,000
CARPENTERS SHELTER INC
930 N HENRY STALEXANDRIAVA22314N/APCGeneral & Unrestricted$10,000
CHARITIES AID FOUNDATION AMERICA
225 REINEKERS LN STE 375ALEXANDRIAVA22314N/APCAnimals Asia Foundation Fund$5,000
FRIENDS OF THE EARTH
PO BOX 7010MERRIFIELDVA22116N/APCGeneral & Unrestricted$10,000
HOMECREST COMMUNITY SERVICES INC
1413 AVE TBROOKLYNNY11229N/APCGeneral & Unrestricted$10,000
KARMA CAT & ZEN DOG RESCUE SOCIETY
39 S MAIN STMILLTOWNNJ08850N/APCGeneral & Unrestricted$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$60,000TotalGrantOrContriPdDurYrAmt

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$218ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,360ExclusionAmt
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$763ExclusionAmt
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$4,341ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$4,341TotalIncomeProducingActyAmt

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 PersonSteedman AlexandraContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line12404 Wyoming Avenue NWAddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20008ZIPCd
FieldValueIRS element (for citing)
Total Contributions$52,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (25 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
BAIRD MIDCAP FUND INSTL$2,785$3,059
BLACKROCK EQUITY DIVID FD$3,262$3,133
BLACKROCK HIGH YIELD BOND PORT$8,619$8,808
CONSUMER DISCRETIONARY SELECT$2,774$3,397
CONSUMER STAPLES SELECT SECTOR$3,214$3,169
DODGE & COX INCOME FUND$8,287$8,329
DODGE & COX STOCK$3,128$3,335
DOMINI INTERNATIONAL SOCIAL EQ$3,709$4,093
INVESCO QQQ TRUST$2,378$3,276
ISHARES RUSSELL 2000$2,053$2,208
ISHARES TRUST RUSSELL 1000 GRO$3,013$3,335
LAZARD INTL STRATEGY EQUITY PO$3,682$4,014
MATERIALS SELECT SECTOR SPDR$3,237$3,336
PARNASSUS MID CAP FUND$2,986$3,080
PIMCO TOTAL RETURN FUND$8,437$8,328
SELECT SECTOR SPDR ENERGY FUND$3,334$3,270
SELECT SECTOR SPDR INDUSTRIAL$2,947$3,420
SELECT SECTOR SPDR UTILITIES$3,573$3,356
SPDR S&P 500 ETF TRUST$24,471$28,043
T ROWE PRICE BLUE CHIP CLASS I$2,603$3,344
TECHNOLOGY SPDR$2,473$3,465
VANGUARD 500 INDEX FUND ADM$2,841$3,339
VANGUARD INFLATION-PROTECTED S$8,580$8,025
VANGUARD MID-CAP ETF$2,803$3,024
VANGUARD ST BOND ETF$8,292$8,395

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 $60,000. This amount represents 25% or more of the Foundation's net assets of $174,754 (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 (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$10,143$10,143
State or Local Filing Fees$25$25

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$1,315Amt
Net Investment Income$1,315NetInvestmentIncomeAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonSteedman AlexandraPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12404 Wyoming Avenue NWAddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20008ZIPCd

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