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BUR OAK FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
BUR OAK FOUNDATION (EIN 86-1247291)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-06-27
IRS object ID
202411799349101451
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)
Return2024-06-27T21:18:41-05:00ReturnTs
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)
EIN861247291EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Bur Oak FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlBUROBusinessNameControlTxt
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)
PersonJAMES C DREYFOUSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8008391754PhoneNum
Signature2024-06-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJAMES CPersonFirstNm
Person LastDREYFOUSPersonLastNm
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$2,570,037FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$1,551InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,551InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$44,386DividendsRevAndExpnssAmt
Dividends Net Invst Incm$44,386DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$269,765NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,074,321GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss-$223,828TotalRevAndExpnssAmt
Total Net Invst Incm$45,937TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$28,780OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$28,780OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$1,122TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$18,185OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$18,185OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$48,087TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$28,780TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$18,185TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$945,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$945,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$993,087TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$28,780TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$963,185TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,216,915ExcessRevenueOverExpensesAmt
Net Investment Income$17,157NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$19,386SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$34,972SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$34,972SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$3,872,517CorporateStockBOYAmt
Corporate Stock EOY$2,640,016CorporateStockEOYAmt
Corporate Stock EOYFMV$2,535,065CorporateStockEOYFMVAmt
Total Assets BOY$3,891,903TotalAssetsBOYAmt
Total Assets EOY$2,674,988TotalAssetsEOYAmt
Total Assets EOYFMV$2,570,037TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$3,891,903RetainedEarningBOYAmt
Retained Earning EOY$2,674,988RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$3,891,903TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,674,988TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,891,903TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,674,988TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,891,903TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,216,915ExcessRevenueOverExpensesAmt
Subtotal$2,674,988SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,674,988TotNetAstOrFundBalancesEOYAmt

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$1,074,321GrossSalesPriceAmt
Cost Or Other Basis$1,344,086CostOrOtherBasisAmt
Gain Or Loss-$269,765GainOrLossAmt
Gains Minus Excess Or Losses-$269,765GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$269,765CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$238InvestmentIncomeExciseTaxAmt
Subtotal$238SubtotalAmt
Tax Based On Investment Income$238TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$300ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$300TotalPaymentsAndCreditsAmt
Overpayment$62OverpaymentAmt
Applied To ES Tax$62AppliedToESTaxAmt

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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
James C Dreyfous
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Pres, Treas1.0$0$0$0
Brooke D Peel
Foundation Source 501 Silverside RdWilmingtonDE198091377Sec1.0$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$2,974,827AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$24,212AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,999,039TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$2,999,039AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$44,986CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,954,053NetVlNoncharitableAssetsAmt
Minimum Investment Return$147,703MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$147,703MinimumInvestmentReturnAmt
Tax Based On Investment Income$238TaxBasedOnInvestmentIncomeAmt
Total Tax$238TotalTaxAmt
Distributable Before Adj$147,465DistributableBeforeAdjAmt
Distributable Before Ded$147,465DistributableBeforeDedAmt
Distributable As Adjusted$147,465DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$963,185ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$963,185QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$147,465DistributableAsAdjustedAmt
Prior Year12021PriorYear1Yr
Prior Year22020PriorYear2Yr
Prior Year32019PriorYear3Yr
Excess Distribution Cyov Yr2$629,802ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$537,357ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,167,159TotalExcessDistributionCyovAmt
Qualifying Distributions$963,185QualifyingDistributionsAmt
Applied To Current Year$147,465AppliedToCurrentYearAmt
Remaining Distri From Corpus$815,720RemainingDistriFromCorpusAmt
Total Corpus$1,982,879TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,982,879ExcessDistriCyovToNextYrAmt
Excess From Year2$629,802ExcessFromYear2Amt
Excess From Year1$537,357ExcessFromYear1Amt
Excess From Current Year$815,720ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BONEFISH & TARPON TRUST INC
2937 SW 27TH AVE STE 203MIAMIFL33133N/APCGeneral & Unrestricted$25,000
COMMUNITY FOUNDATION OF OYSTER BAY INC
200 SUNSET RDOYSTER BAYNY11771N/APCGeneral & Unrestricted$2,500
FRIENDS OF NASSAU COUNTY BAILEY ARBORETUM
194 BAYVILLE RDLOCUST VALLEYNY11560N/APCGeneral & Unrestricted$1,000
FRIENDS OF TRACY AVIARY 09-20-93
589 E 1300 SSALT LAKE CTYUT84105N/APCGeneral & Unrestricted$250,000
FRIENDS OF TRACY AVIARY 09-20-93
589 E 1300 SSALT LAKE CTYUT84105N/APCCharitable Event$10,000
GLEN COVE BOYS AND GIRLS CLUB AT LINCOLN HOUSE INC
113 GLEN COVE AVEGLEN COVENY11542N/APCGeneral & Unrestricted$5,000
GREAT BASIN WATER NETWORK INC
PO BOX 75BAKERNV89311N/APCGeneral & Unrestricted$50,000
NORTH SHORE LAND ALLIANCE INC
PO BOX 658OYSTER BAYNY11771N/APCGeneral & Unrestricted$1,500
PRESIDENT & FELLOWS OF MIDDLEBURY COLLEGE
700 EXCHANGE STMIDDLEBURYVT05753N/APCSeizing Opportunities Expendable Fund$125,000
STUDENT DIPLOMACY CORPS INC
424 W 54TH STNEW YORKNY10019N/APCstudent Scholarship Fund$25,000
THE NATURE CONSERVANCY IN UTAH
559 E S TEMPLESALT LAKE CITYUT84102N/APCGeneral & Unrestricted$100,000
THE YOUNG MENS CHRISTIAN ASSOCIATION OF NORTHERN U
675 EAST 2100 SOUTH STE 200SALT LAKE CITYUT84106N/APCGeneral & Unrestricted$100,000
THEODORE ROOSEVELT CONSERVATION PARTNERSHIP INC
529 14TH ST NW STE 500WASHINGTONDC20045N/APCGeneral & Unrestricted$50,000
UNIVERSITY OF UTAH
201 PRESIDENTS CIR RM 203SALT LAKE CTYUT84112N/APCStegner Center and the work to save the GSL at the Quinney Law School$50,000
UTAH VALLEY PRESERVATION ALLIANCE
462 E 800 NOREMUT84097N/APCGrow The Flow and the work to save the GSL$50,000
WASATCH COMMUNITY GARDENS
629 E 800 SSALT LAKE CITYUT84102N/APCGeneral & Unrestricted$100,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$945,000TotalGrantOrContriPdDurYrAmt

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$1,551ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$44,386ExclusionAmt
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-$269,765ExclusionAmt
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-$223,828ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$223,828TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (11 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
AMERICAN BEACON THE LONDON CO$269,278$246,093
EDGEWOOD GROWTH FUND INSTI$329,415$260,414
FULLER & THALER BEHAVIORAL SMA$123,613$133,084
INVESCO OPPENHEIMER DEVELOPING$253,792$184,167
ISHARES CORE MSCI EAFE ETF$332,034$366,392
MERIDIAN SMALL CAP GROWTH FUND$204,785$137,060
VANGUARD FTSE EMERGING MARKETS$62,546$61,157
VANGUARD GROWTH ETF$301,575$376,234
VANGUARD TOTAL WORLD STK INDEX$226,510$252,435
VANGUARD VALUE ETF$360,878$377,841
WCM FOCUSED INTL GROWTH FUNDS$175,590$140,188

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 $945,000. This amount represents 25% or more of the Foundation's net assets of $3,018,818 (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$18,111$18,111
Postage/Delivery Service$49$49
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$28,780Amt
Net Investment Income$28,780NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990-PF Excise Tax for 2022CategoryTxt
Amt$1,122Amt

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