BETA

GADOMSKI FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
GADOMSKI FAMILY FOUNDATION (EIN 87-1067148)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-15
IRS object ID
202411369349103416
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)
Return2024-05-15T12:27:58-05:00ReturnTs
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)
EIN871067148EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Gadomski Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlGADOBusinessNameControlTxt
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)
Personjay healyPersonNm
Person TitlesecretaryPersonTitleTxt
Phone8008391754PhoneNum
Signature2024-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstjayPersonFirstNm
Person LasthealyPersonLastNm
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$1,903,861FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,522,012ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$2,699InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2,699InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$31,694DividendsRevAndExpnssAmt
Dividends Net Invst Incm$31,694DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$80,238NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,401,356GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$532,117CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,476,167TotalRevAndExpnssAmt
Total Net Invst Incm$566,510TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$2,296OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$2,296OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$5,815TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$10,246OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$10,246OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$18,357TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,296TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$10,246TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,732,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,732,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,750,357TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,296TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,742,246TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$274,190ExcessRevenueOverExpensesAmt
Net Investment Income$564,214NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$137,854SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$323,247SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$323,247SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$2,009,452CorporateStockBOYAmt
Corporate Stock EOY$1,549,869CorporateStockEOYAmt
Corporate Stock EOYFMV$1,580,614CorporateStockEOYFMVAmt
Total Assets BOY$2,147,306TotalAssetsBOYAmt
Total Assets EOY$1,873,116TotalAssetsEOYAmt
Total Assets EOYFMV$1,903,861TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,147,306RetainedEarningBOYAmt
Retained Earning EOY$1,873,116RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,147,306TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,873,116TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,147,306TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,873,116TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,147,306TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$274,190ExcessRevenueOverExpensesAmt
Subtotal$1,873,116SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,873,116TotNetAstOrFundBalancesEOYAmt

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$1,401,356GrossSalesPriceAmt
Cost Or Other Basis$869,239CostOrOtherBasisAmt
Gain Or Loss$532,117GainOrLossAmt
Gains Minus Excess Or Losses$532,117GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$532,117CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$7,843InvestmentIncomeExciseTaxAmt
Subtotal$7,843SubtotalAmt
Tax Based On Investment Income$7,843TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$5,100EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$5,100TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Tax Due$2,743TaxDueAmt

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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Richard T Gadomski
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Pres1.0$0$0$0
Jay Healy
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Sec1.0$0$0$0
Regina G Healy
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Treas1.0$0$0$0
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$1,669,004AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$293,722AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,962,726TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$1,962,726AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$29,441CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,933,285NetVlNoncharitableAssetsAmt
Minimum Investment Return$96,664MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$96,664MinimumInvestmentReturnAmt
Tax Based On Investment Income$7,843TaxBasedOnInvestmentIncomeAmt
Total Tax$7,843TotalTaxAmt
Distributable Before Adj$88,821DistributableBeforeAdjAmt
Distributable Before Ded$88,821DistributableBeforeDedAmt
Distributable As Adjusted$88,821DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,742,246ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$1,742,246QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$88,821DistributableAsAdjustedAmt
Prior Year12021PriorYear1Yr
Prior Year22020PriorYear2Yr
Prior Year32019PriorYear3Yr
Excess Distribution Cyov Yr2$255,196ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$667,104ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$922,300TotalExcessDistributionCyovAmt
Qualifying Distributions$1,742,246QualifyingDistributionsAmt
Applied To Current Year$88,821AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,653,425RemainingDistriFromCorpusAmt
Total Corpus$2,575,725TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$2,575,725ExcessDistriCyovToNextYrAmt
Excess From Year2$255,196ExcessFromYear2Amt
Excess From Year1$667,104ExcessFromYear1Amt
Excess From Current Year$1,653,425ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJay HealyContributingManagerNm
Contributing ManagerRegina G HealyContributingManagerNm
Contributing ManagerRichard T GadomskiContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (43 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
A STEP AHEAD FOUNDATION INC
PO BOX 41601MEMPHISTN38174N/APCGeneral & Unrestricted$5,000
AMERICAN UNIVERSITY
4401 CONNETICUT AVE NWWASHINGTONDC20008N/APCGeneral & Unrestricted$2,000
AVE MARIA HOME
2805 CHARLES BRYAN RDBARTLETTTN38134N/APCGeneral & Unrestricted$25,000
BALLET MEMPHIS CORPORATION
2144 MADISON AVEMEMPHISTN38104N/APCGeneral & Unrestricted$2,000
BIRTHRIGHT OF MEMPHIS INC
115 ALEXANDER STMEMPHISTN38111N/APCGeneral & Unrestricted$10,000
BLUES FOUNDATION INC
421 SOUTH MAIN STMEMPHISTN38103N/APCGeneral & Unrestricted$1,000
BRIARCREST CHRISTIAN SCHOOL SYSTEM INC
76 S HOUSTON LEVEE RDEADSTN38028N/APCGeneral & Unrestricted$2,000
CATHOLIC CHARITIES OF THE DIOCESE OF MEMPHIS INC
1325 JEFFERSON AVEMEMPHISTN38104N/APCGeneral & Unrestricted$102,000
CATHOLIC RELIEF SERVICES INC
228 W LEXINGTON STBALTIMOREMD21201N/APCGeneral & Unrestricted$5,000
CHRIST COMMUNITY HEALTH SERVICES INC
2595 CENTRAL AVEMEMPHISTN38104N/APCGeneral & Unrestricted$2,000
CHRISTIAN BROTHERS UNIVERSITY
650 EAST PKWY SOUTHMEMPHISTN38104N/APCPackaging Lab Addition Fund$1,000,000
CHRISTIAN BROTHERS UNIVERSITY
650 EAST PKWY SOUTHMEMPHISTN38104N/APCGeneral & Unrestricted$2,000
CHURCH HEALTH CENTER OF MEMPHIS INC
1350 CONCOURSE AVE STE 142MEMPHISTN38104N/APCGeneral & Unrestricted$12,000
COALITION FOR THE HOMELESS INC
129 FULTON STNEW YORKNY10038N/APCGeneral & Unrestricted$2,000
COMMUNITY ALLIANCE FOR THE HOMELESS INC
44 N 2ND ST STE 302MEMPHISTN38103N/APCGeneral & Unrestricted$2,000
DIOCESE OF MEMPHIS ROMAN CATHOLIC CHURCH
5825 SHELBY OAKS DRMEMPHISTN38134N/APCGeneral & Unrestricted$2,000
DISCALCED CARMELITE NUNS
7201 WEST 32ND STLITTLE ROCKAR72204N/APCGeneral & Unrestricted$5,000
GIFTS OF LOVE INC
PO BOX 181061MEMPHISTN38181N/APCGeneral & Unrestricted$5,000
HAITI MEDICAL MISSIONS OF MEMPHIS
1779 KIRBY PKWY PMB 319MEMPHISTN38138N/APCGeneral & Unrestricted$10,000
HOUSE OF THE GOOD SHEPHERD OF MEMPHIS
190 S COOPER STMEMPHISTN38104N/APCGeneral & Unrestricted$4,000
LEADERSHIP MEMPHIS
240 MADISON AVE STE 601MEMPHISTN38103N/APCGeneral & Unrestricted$1,000
MADONNA LEARNING CENTER INCORPORATED
7007 POPLAR AVEGERMANTOWNTN38138N/APCGeneral & Unrestricted$10,000
MATERNITY B V M PARISH & SCHOOL
1537 N LAWNDALE AVECHICAGOIL60651N/APCGeneral & Unrestricted$100,000
MEMPHIS ATHLETIC MINISTRIES INC
6000 BRIARCREST AVEMEMPHISTN38120N/APCGeneral & Unrestricted$10,000
MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC
56 S FRONT STMEMPHISTN38103N/APCGeneral & Unrestricted$1,000
MEMPHIS UNION MISSION
PO BOX 330MEMPHISTN38101N/APCGeneral & Unrestricted$2,000
METROPOLITAN INTER-FAITH ASSOC
PO BOX 3130MEMPHISTN38173N/APCGeneral & Unrestricted$2,000
MID-SOUTH FOOD BANK
3865 S PERKINS RDMEMPHISTN38118N/APCGeneral & Unrestricted$2,000
REFUGEE EMPOWERMENT PROGRAM
2400 POPLAR AVEMEMPHISTN38112N/APCGeneral & Unrestricted$2,000
RHODES COLLEGE
2000 N PKWYMEMPHISTN38112N/APCGeneral & Unrestricted$2,000
RISE FOUNDATION INC
1355 LYNNFIELD RD BLDG B SUITMEMPHISTN38119N/APCGeneral & Unrestricted$2,000
ROOM IN THE INN - MEMPHIS
409 AYERS STMEMPHISTN38105N/APCGeneral & Unrestricted$5,000
SHELBY FARMS PARK CONSERVANCY
6903 GREAT VIEW DR NMEMPHISTN38134N/APCGeneral & Unrestricted$2,000
SOUTHERN EYE INSTITUTE
4728 SPOTTSWOOD AVE 164MEMPHISTN38117N/APCGeneral & Unrestricted$10,000
ST GEORGES INDEPENDENT SCHOOL
1880 WOLF RIVER BLVDCOLLIERVILLETN38017N/APCGeneral & Unrestricted$2,000
ST PATRICK HIGH SCHOOL
5900 W BELMONT AVECHICAGOIL60634N/APCGeneral & Unrestricted$100,000
ST PAUL THE APOSTLE CATHOLIC SCHOOL
1425 EAST SHELBY DRMEMPHISTN38116N/APCSt. Paul's Catholic School campaign Fund$250,000
THE CLEAR FUND
1714 FRANKLIN ST 100335OAKLANDCA94612N/APCGeneral & Unrestricted$2,000
THE REGIONAL MEDICAL CENTER AT MEMPHIS FOUNDATION
877 JEFFERSON AVEMEMPHISTN38103N/ASO IOne Health Foundation$5,000
THISTLE AND BEE ENTERPRISES INC
PO BOX 111607MEMPHISTN38111N/APCGeneral & Unrestricted$10,000
VISIBLE MUSIC COLLEGE
200 MADISON AVEMEMPHISTN38103N/APCGeneral & Unrestricted$5,000
WOLF RIVER CONSERVANCY INC
PO BOX 11031MEMPHISTN38111N/APCGeneral & Unrestricted$2,000
YOUTH VILLAGES INC
3220 BROTHER BLVDMEMPHISTN38133N/APCGeneral & Unrestricted$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,732,000TotalGrantOrContriPdDurYrAmt

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$2,699ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$31,694ExclusionAmt
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-$80,238ExclusionAmt
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-$45,845ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$45,845TotalIncomeProducingActyAmt

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 (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndNoncash ContributionNoncashContributionInd
Gadomski Richard T
17869 Mustang DriveGermantownTN38138$1,422,012Yes (X)Yes (X)
Healy Jay
21770 Kirby Parkway 117MemphisTN38138$100,000Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1DFA EMERGING MARKETS CORE EQ PRTFL MUTU DFCEX, 22500 sh.$497,9252023-08-03
1ISHARES EDGE MSCI MULTIFACTOR SMALL-CAP ISCF, 8000 sh.$249,3872023-08-03
1FIRST TRUST NORTH AMERICAN ENERGY INFST EMLP, 10000 sh.$274,7002023-08-03

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
DFA EMERGING MARKETS CORE EQ P$127,944$126,945
DFA INTERNATIONAL CORE EQUITY$59,253$58,414
DIMENSIONAL US CORE EQUITY 2 E$881,172$902,475
ISHARES EDGE MSCI MULTIFACTOR$249,387$257,040
VANGUARD 500 INDEX FUND ADM$232,113$235,740

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 $1,732,000. This amount represents 25% or more of the Foundation's net assets of $1,843,027 (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 (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$10,121$10,121
Postage/Delivery Service$100$100
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$2,296Amt
Net Investment Income$2,296NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
990-PF Estimated Tax for 2023$5,100
990-PF Excise Tax for 2022$715

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