BETA

AFEYAN FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
AFEYAN FAMILY FOUNDATION (EIN 04-3489109)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-17
IRS object ID
202402919349100710
Schema version
2023v5.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-17T22:07:03-05:00ReturnTs
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)
EIN043489109EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Afeyan Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlAFEYBusinessNameControlTxt
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)
Personanne afeyan gunnarsonPersonNm
Person TitletrusteePersonTitleTxt
Phone8008391754PhoneNum
Signature2024-10-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$283,271FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$2,784,360ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1,726InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,726InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$3,835DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,835DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$525,659NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,501,435GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$736,727CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$170OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$170OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$2,264,432TotalRevAndExpnssAmt
Total Net Invst Incm$742,458TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss$15,388LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$15,388LegalFeesDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$41,000OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl$41,000OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$4,100TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$13,552OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$99OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$13,453OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$74,040TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$99TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$69,841TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,216,823ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,191,823ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,290,863TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$99TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$2,261,664TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$26,431ExcessRevenueOverExpensesAmt
Net Investment Income$742,359NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$47,867SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$264,170SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$264,170SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$334,684CorporateStockBOYAmt
Corporate Stock EOY$91,950CorporateStockEOYAmt
Corporate Stock EOYFMV$19,101CorporateStockEOYFMVAmt
Total Assets BOY$382,551TotalAssetsBOYAmt
Total Assets EOY$356,120TotalAssetsEOYAmt
Total Assets EOYFMV$283,271TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$382,551RetainedEarningBOYAmt
Retained Earning EOY$356,120RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$382,551TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$356,120TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$382,551TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$356,120TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$382,551TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$26,431ExcessRevenueOverExpensesAmt
Subtotal$356,120SubtotalAmt
Tot Net Ast Or Fund Balances EOY$356,120TotNetAstOrFundBalancesEOYAmt

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$2,501,435GrossSalesPriceAmt
Cost Or Other Basis$1,764,708CostOrOtherBasisAmt
Gain Or Loss$736,727GainOrLossAmt
Gains Minus Excess Or Losses$736,727GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$736,727CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$10,319InvestmentIncomeExciseTaxAmt
Subtotal$10,319SubtotalAmt
Tax Based On Investment Income$10,319TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$7,844EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$2,500ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$10,344TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$8EsPenaltyAmt
Overpayment$17OverpaymentAmt
Applied To ES Tax$17AppliedToESTaxAmt

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 BylawsYes (true)ChangesToArticlesOrBylawsInd
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 StateMAOrgReportOrRegisterStateCd
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 Line155 WALLS DRIVE FL 3AddressLine1Txt
CityFairfieldCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06824ZIPCd
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 OrganizationsYes (true)GrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (true)MaintainedExpenditureRspnsInd
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
Noubar B Afeyan
Foundation Source 501 Silverside RdWilmingtonDE198091377Trustee5.0$0$0$0
Anna K Afeyan Gunnarson
Foundation Source 501 Silverside RdWilmingtonDE198091377Trustee10.0$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$65,582AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$91,426AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$157,008TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$157,008AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,355CashDeemedCharitableAmt
Net Vl Noncharitable Assets$154,653NetVlNoncharitableAssetsAmt
Minimum Investment Return$7,733MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$7,733MinimumInvestmentReturnAmt
Tax Based On Investment Income$10,319TaxBasedOnInvestmentIncomeAmt
Total Tax$10,319TotalTaxAmt
Distributable Before Adj$0DistributableBeforeAdjAmt
Distributable Before Ded$0DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,261,664ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$2,261,664QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Prior Year12021PriorYear1Yr
Prior Year22020PriorYear2Yr
Prior Year32019PriorYear3Yr
Excess Distribution Cyov Yr5$1,216,092ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,854,594ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$3,735,543ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$2,195,950ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,955,496ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$10,957,675TotalExcessDistributionCyovAmt
Qualifying Distributions$2,261,664QualifyingDistributionsAmt
Applied To Current Year$0AppliedToCurrentYearAmt
Remaining Distri From Corpus$2,261,664RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$13,219,339TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,216,092ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$12,003,247ExcessDistriCyovToNextYrAmt
Excess From Year4$1,854,594ExcessFromYear4Amt
Excess From Year3$3,735,543ExcessFromYear3Amt
Excess From Year2$2,195,950ExcessFromYear2Amt
Excess From Year1$1,955,496ExcessFromYear1Amt
Excess From Current Year$2,261,664ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerAnna K Afeyan GunnarsonContributingManagerNm
Contributing ManagerNoubar B AfeyanContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmProvince Or StateRecipientForeignAddress/ProvinceOrStateNmCountryRecipientForeignAddress/CountryCdForeign PostalRecipientForeignAddress/ForeignPostalCd
ARMENIAN ASSEMBLY OF AMERICA INC
1032 15TH ST NW SUITE 416WASHINGTONDC20005N/APCGeneral & Unrestricted$25,750
ARMENIAN GENERAL BENEVOLENT UNION
2495 E MOUNTAIN STPASADENACA91104N/APCGeneral & Unrestricted$25,000
ARMENIAN INTERNATIONAL WOMENS ASSOCIATION INC
65 MAIN ST STE 3AWATERTOWNMA02472N/APCTo support projects benefitting the displaced people of Artsakh$5,000
ARMENIAN MISSIONARY ASSOC OF AMER INC
31 W CENTURY RDPARAMUSNJ07652N/APCGeneral & Unrestricted$5,130
AURORA HUMANITARIAN INITIATIVE FOUNDATION INC
55 CAMBRIDGE PKWY STE 800ECAMBRIDGEMA02142N/APCGeneral & Unrestricted$1,030,000
BEACON ACADEMY INC
814 S STBOSTONMA02131N/APCGeneral & Unrestricted$215,000
BOSTON FOUNDATION INC
75 ARLINGTON STBOSTONMA02116N/APCGeneral & Unrestricted$5,000
BOSTON SYMPHONY ORCHESTRA INC
301 MASS AVEBOSTONMA02115N/APCGeneral & Unrestricted$100,000
CHILDREN OF ARMENIA FUND INC
149 5TH AVE STE 500NEW YORKNY10010N/APCGeneral & Unrestricted$30,000
COMMUNITY OF CARING
39 WESTERN AVEKENNEBUNKME04043N/APCGeneral & Unrestricted$4,000
COUNCIL ON FOREIGN RELATIONS INC
58 E 68TH STNEW YORKNY10065N/APCGeneral & Unrestricted$5,000
FRIENDS OF TEAM ARMENIA BASKETBALL
550 N BRAND BLVD STE 1500GLENDALECA91203N/APCGeneral & Unrestricted$25,000
HOLY TRINITY ARMENIAN APOSTLE CHURCH OF GREATER BO
145 BRATTLE STCAMBRIDGEMA02138N/APCGeneral & Unrestricted$10,000
Loyola High School - Montreal QC
N/ANCExpenditure Responsibility Grant$4,4437272 Sherbrooke St WMontrealQuebecCAh4b1r2
MASSACHUSETTS INSTITUTE OF TECH
77 MASSACHUSETTS AVECAMBRIDGEMA02139N/APCGeneral & Unrestricted$600,000
NETWORK OF ENGAGED INTERNATIONAL DO NORS GLOBAL IN
PO BOX 24WATERTOWNMA02471N/APCMembership renewal fund$2,500
NETWORK OF ENGAGED INTERNATIONAL DO NORS GLOBAL IN
PO BOX 24WATERTOWNMA02471N/APCGeneral & Unrestricted$5,000
SPOONFULS INC
189 WELLS AVE STE 100NEWTONMA02459N/APCGeneral & Unrestricted$15,000
TEKEYAN CULTURAL ASSOCIATION INC
755 MOUNT AUBURN STWATERTOWNMA02472N/APCArmenian Mirror Spectator fund$50,000
THE H HOVNANIAN FAMILY FOUNDATION
4000 RTE 66TINTON FALLSNJ07753N/APFExpenditure Responsibility grant$25,000
YERAZART INC
32 WARWICK RDWATERTOWNMA02472N/APCGeneral & Unrestricted$30,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,216,823TotalGrantOrContriPdDurYrAmt

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$1,726ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,835ExclusionAmt
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-$525,659ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescCLASS ACTION LAWSUIT PROCEEDSDesc
Exclusion01ExclusionCd
Exclusion$170ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$519,928ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$519,928TotalIncomeProducingActyAmt

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 PersonGunnarson Afeyan Anna KContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line155 Cambridge Parkway Suite 800EAddressLine1Txt
CityCambridgeCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02142ZIPCd
FieldValueIRS element (for citing)
Total Contributions$2,784,360TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp (25 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1W S MLP & ENERGY INFRASTRUCTURE FUND SMLPX-WS, 132275 sh.$1,015,8722023-01-23
1W S MLP & ENERGY INFRASTRUCTURE FUND SMLPX-WS, 13000 sh.$98,0202023-02-16
1EXXON MOBIL CORP XOM, 1919 sh.$214,1892023-05-02
1CHEVRON CORP CVX, 918 sh.$148,6382023-05-02
1MCKESSON CORP MCK, 107 sh.$41,8862023-05-09
1O'REILLY AUTOMOTIVE INC ORLY, 53 sh.$50,3742023-05-09
1ELI LILLY & CO LLY, 38 sh.$16,4092023-05-09
1NUCOR CP NUE, 458 sh.$64,5022023-05-09
1ROYAL CARRIBEAN CRUISE RCL, 326 sh.$32,3052023-08-21
1EXACT SCIENCES CORPORATION EXAS, 343 sh.$28,3202023-08-21
1VERTIV CL A VRT, 808 sh.$27,8322023-08-21
1FIRST SOLAR INC FSLR, 110 sh.$19,7682023-08-21
1MARATHON PETROLEUM CORP MPC, 611 sh.$87,5992023-08-21
1BUILDERS FIRST SOURCE INC BLDR, 177 sh.$23,5242023-08-21
1GENERAL ELECTRIC CO GE, 900 sh.$103,5502023-09-15
1SCHLUMBERGER LTD SLB, 900 sh.$51,9722023-10-09
1D R HORTON DHI, 444 sh.$56,5032023-11-29
1UNITED STATES STEEL CORP X, 201 sh.$7,1422023-11-29
1STEEL DYNAMICS INC STLD, 120 sh.$13,7432023-11-29
1TOPBUILD CORP BLD, 568 sh.$168,4352023-11-29
1QUANTA SVCS INC PWR, 1371 sh.$252,9972023-11-29
1ADVANCED MICRO DEVICES INC AMD, 807 sh.$100,5562023-11-29
1ON SEMICONDUCTOR ON, 232 sh.$16,6602023-11-29
1FIRST CITIZENS BANCSHARES INC FCNCA, 99 sh.$143,2062023-11-29
1KYNDRYL HOLDINGS INC KD, 20 sh.$3582023-11-29

Depreciation Schedule DepreciationSchedule

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdGrantGrantDtGrantGrantAmtPurpose Of GrantPurposeOfGrantTxtExpended By GranteeExpendedByGranteeAmtAny Diversion By GranteeAnyDiversionByGranteeTxtDates Of Reports By GranteeDatesOfReportsByGranteeTxtResults Of VerificationResultsOfVerificationTxtAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCd
THE H HOVNANIAN FAMILY FOUNDATION
4000 ROUTE 66TINTON FALLSNJ077532023-10-10$25,000NY Times ad to speak out on aggression and military action from Azerbaijan on the ppl of Artsakh$25,000NOQ4 2023none necessary Artsakh
loyola high school foundation
2023-04-18$4,443to support the giving day program$4,443NO05/19/2023none necessary7272 SHERBROOKE ST WMONTREALQCCAH4B 1R2

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Identifierform 990-pf, parts I and XIV:IdentifierTxt
Form And Line Referenceform 990-pf, parts I and XIV:FormAndLineReferenceDesc
Medium ExplanationTOTAL Part I, Line 25, Column (a) and Part XIV, Line 3a: $2,216,823 Less amount not treated as qualifying distribution: $25,000 TOTAL Part I, Line 25, Column (d): $2,191,823MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockSYROS PHARMACEUTICALS INCStockNm
EOY Book Value$91,950EOYBookValueAmt
EOYFMV$19,101EOYFMVAmt

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 $2,216,823. This amount represents 25% or more of the Foundation's net assets of $223,370 (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

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp (2 entries)

CategoryCategoryTxtLegal FeesLegalFeesAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Document Review/Drafting$2,940$2,940
General Consultations$12,448$12,448

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmtNet Investment IncomeNetInvestmentIncomeAmt
Administrative Fees$2,754$2,754
Administrative Set-Up Fee$5,500$5,500
Bank Charges$99$99
Digital Subscriptions$2,156$2,156
Foundation Dues & Memberships$2,500$2,500
WEBSITE HOSTING/SUPPORT$293$293
STATE OR LOCAL FILING FEES$250$250

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescClass Action Lawsuit ProceedsDesc
Revenue And Expenses Per Books$170RevenueAndExpensesPerBooksAmt
Net Investment Income$170NetInvestmentIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryWEBSITE DEVELOPMENTCategoryTxt
Amt$41,000Amt
Disbursements Charitable Prps$41,000DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonGunnarson Afeyan Anna KPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line155 Cambridge Parkway Suite 800EAddressLine1Txt
CityCambridgeCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02142ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
Category990-PF Estimated Tax for 2023CategoryTxt
Amt$4,100Amt

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