KATALY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: KATALY FOUNDATION (EIN 83-2592980)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-13
IRS object ID: 202443189349103809
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
Form 990-PF
Accounting Fees Schedule
General Explanation Attachment
Legal Fees Schedule
Other Expenses Schedule
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-13T15:59:10-06:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	861065772	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DELOITTE TAX LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	50 SOUTH SIXTH STREET	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55402	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	832592980	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KATALY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	KATA	BusinessNameControlTxt
Phone	4155494970	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 LETTERMAN DRIVE SUITE C4-420	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94129	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JAMES SCHWABA	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	4155494970	PhoneNum
Signature	2024-11-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	SARAH REDDEN	PreparerPersonNm
PTIN	P00898534	PTIN
Phone	6123974000	PhoneNum

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$301,447,884	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$15,844,364	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$15,844,364	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	-$3,045,458	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$302,751,472	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$12,798,906	TotalRevAndExpnssAmt
Total Net Invst Incm	$15,844,364	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$980,931	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$320,164	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$660,767	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$1,271,289	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$1,271,289	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$782,230	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$0	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$762,994	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$124,229	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$122,926	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$28,745	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$2,875	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$25,870	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$1,106,358	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$102,150	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$965,110	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$355,081	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$0	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$492,491	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$592,998	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$5,141,354	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$425,189	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$4,401,954	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$53,092,700	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$69,530,900	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$58,234,054	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$425,189	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$73,932,854	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$45,435,148	ExcessRevenueOverExpensesAmt
Net Investment Income	$15,419,175	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$65,269,871	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$299,933,246	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$299,933,246	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$1,416,473	AcctRcvblAmt
Acct Rcvbl BOY	$212,539	AcctRcvblBOYAmt
Acct Rcvbl EOY	$1,416,473	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$1,416,473	AcctRcvblEOYFMVAmt
Prepaid Expenses BOY	$84,742	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$98,165	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$98,165	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$292,504,958	CorporateStockBOYAmt
Corporate Stock EOY	$0	CorporateStockEOYAmt
Corporate Stock EOYFMV	$0	CorporateStockEOYFMVAmt
Total Assets BOY	$358,072,110	TotalAssetsBOYAmt
Total Assets EOY	$301,447,884	TotalAssetsEOYAmt
Total Assets EOYFMV	$301,447,884	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$62,520	AccountsPayableBOYAmt
Accounts Payable EOY	$105,731	AccountsPayableEOYAmt
Grants Payable BOY	$23,500,000	GrantsPayableBOYAmt
Grants Payable EOY	$7,061,800	GrantsPayableEOYAmt
Total Liabilities BOY	$23,562,520	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$7,167,531	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$334,509,590	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$294,280,353	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$334,509,590	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$294,280,353	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$358,072,110	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$301,447,884	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$334,509,590	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$45,435,148	ExcessRevenueOverExpensesAmt
Other Increases	$5,205,911	OtherIncreasesAmt
Subtotal	$294,280,353	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$294,280,353	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MFO PIMCO FUNDS SHORT ASSET INVT FD INSTL	P	2023-12-20	$7,376,111	$7,346,007	$30,104	$30,104
MFO PIONEER SER TR X	P	2023-12-20	$1,746,794	$1,735,559	$11,235	$11,235
MFO PIONEER SER TR X	P	2023-10-06	$15,000,000	$15,425,994	-$425,994	-$425,994
MFO PIMCO FUNDS SHORT ASSET INVT FD INSTL	P	2023-12-20	$245,823,833	$247,678,276	-$1,854,443	-$1,854,443
MFO PIONEER SER TR X	P	2023-12-20	$32,804,734	$33,611,094	-$806,360	-$806,360

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$3,045,458	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$214,327	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$214,327	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$214,327	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$242,186	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$215,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$457,186	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$242,859	OverpaymentAmt
Applied To ES Tax	$242,859	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	NV	OrgReportOrRegisterStateCd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	Yes (1)	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	WWW.KATALYFOUNDATION.ORG	WebsiteAddressTxt
Individual With Books	TAO CAPITAL PARTNERS LLC	IndividualWithBooksNm
Phone	4155494970	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1 LETTERMAN DRIVE SUITE C4-420	AddressLine1Txt
City	SF	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94129	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	Yes (1)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
REGAN PRITZKER
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94129	DIRECTOR AND CHAIRPERSON	2.50	$0	$0	$0
CHRISTOPHER OLIN
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94130	DIRECTOR AND PRESIDENT	2.50	$0	$0	$0
SUSAN S PRITZKER
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94131	DIRECTOR	0.25	$0	$0	$0
NWAMAKA AGBO
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94132	CHIEF EXECUTIVE OFFICER	40.00	$442,198	$65,522	$0
JOLEEN RUFFIN
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94133	CHIEF FINANCIAL OFFICER	40.00	$274,830	$105,246	$0
LYNNE M HOEY
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94134	CHIEF INVESTMENT OFFICER	40.00	$263,903	$56,260	$0
LORI MILLS
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94135	VICE PRESIDENT	1.00	$0	$0	$0
JAMES SCHWABA
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94136	TREASURER	1.00	$0	$0	$0
AMY FREIDINGER
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94137	SECRETARY	1.00	$0	$0	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt	Expense AccountExpenseAccountAmt
JOCELYN WONG
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94129	DIR. OF CAPACITY BUI	40.00	$195,849	$72,379	$0
ZAINEB MOHAMMED
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94129	DIRECTOR OF COMMUNIC	40.00	$177,561	$69,852	$0
RAYMOND HOLGADO
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94129	DIRECTOR OF KNOWLEDG	40.00	$182,108	$45,019	$0
DANA MARIE MASON
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94129	OPERATIONS AND PROJE	32.00	$156,474	$60,370	$0
IRIS GARCIA
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94129	PROGRAM OFFICER OF M	40.00	$152,553	$56,555	$0

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	3	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
PIECE BY PIECE STRATEGIES LLC
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94129	CONSULTING	$200,000
BARRIE GROSS CONSULTING
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94129	HUMAN RESOURCES CONSULTING	$106,756
ASSET CONSULTING GROUP INC
231 S BEMISTON AVENUE	ST LOUIS	MT	63105	INVESTMENT ADVISING	$100,000
LAWRENCE YANG
1 LETTERMAN DR SUITE C4-420	SAN FRANCISCO	CA	94129	CONSULTING	$92,425
NIXON PEABODY LLP
1 EMBARCADERO CENTER 32ND FLOOR	SAN FRANCISCO	CA	941113600	LEGAL SERVICES	$74,375

Field	Value	IRS element (for citing)
Contractor Paid Over50k	1	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$272,099,284	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$34,208,101	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$1,427,223	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$307,734,608	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$307,734,608	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$4,616,019	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$303,118,589	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$15,155,929	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$15,155,929	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$214,327	TaxBasedOnInvestmentIncomeAmt
Total Tax	$214,327	TotalTaxAmt
Distributable Before Adj	$14,941,602	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$14,941,602	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$14,941,602	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$73,932,854	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$73,932,854	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$14,941,602	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr4	$16,708,852	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$40,305,115	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$23,493,143	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$24,956,949	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$105,464,059	TotalExcessDistributionCyovAmt
Qualifying Distributions	$73,932,854	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$14,941,602	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$58,991,252	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$164,455,311	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$164,455,311	ExcessDistriCyovToNextYrAmt
Excess From Year4	$16,708,852	ExcessFromYear4Amt
Excess From Year3	$40,305,115	ExcessFromYear3Amt
Excess From Year2	$23,493,143	ExcessFromYear2Amt
Excess From Year1	$24,956,949	ExcessFromYear1Amt
Excess From Current Year	$58,991,252	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
IMPACTASSETS INC
7315 WISCONSIN AVENUE NO 1000W	BETHESDA	MD	20814	PC	CHARITABLE ACTIVITIES	$58,500,000
POSSIBILITY LABS
1410 FRANKLIN ST STE 135	SAN FRANCISCO	CA	94109	PC	CHARITABLE ACTIVITIES	$10,000,000
AMALGAMATED CHARITABLE FOUNDATION
1825 K ST NW	WASHINGTON	DC	200061202	PC	CHARITABLE ACTIVITIES	$1,030,900

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$69,530,900	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
IMPACTASSETS INC
7315 WISCONSIN AVENUE NO 1000W	BETHESDA	MD	20814	PC	CHARITABLE ACTIVITIES	$5,000,000
AMALGAMATED CHARITABLE FOUNDATION
1825 K ST NW	WASHINGTON	DC	200061202	PC	CHARITABLE ACTIVITIES	$2,061,800

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$7,061,800	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$15,844,364	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	-$3,045,458	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$12,798,906	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$12,798,906	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$28,745	Amt
Net Investment Income	$2,875	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$25,870	DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	Medium ExplanationMediumExplanationTxt
PART VI-B LINE 1(A) (3)	LINE 1A (3) OF PART VI-B LINE 1(A) (3) IS ANSWERED YES. TAO CAPITAL PARTNERS LLC, AN ENTITY OWNED BY REGAN PRITZKER, SUSAN S. PRITZKER AND THEIR FAMILY, PROVIDED ACCOUNTING AND TAX SERVICES TO THE KATALY FOUNDATION WITHOUT CHARGE.
FORM 990-PF PART V LINE 8	TAXPAYER: KATALY FOUNDATIONEIN: 83-2592980TAXPAYER'S ADDRESS IS IN ONE OF THE FIFTY-FIVE COUNTIES THAT QUALIFIED FOR DISASTER RELIEF DUE TO THE CALIFORNIA WINTER STORMS (CA 2023-02, FEMA DISASTER DECLARATION NUMBER FEMA-4683-DR) 2023 Q3 ESTIMATED TAXES WERE NOT REQUIRED TO BE PAID UNTIL OCTOBER 16, 2023. ACCORDINGLY, TAXPAYER REQUESTS TO WAIVE THE 3RD QUARTER ESTIMATED TAX PENALTY THAT IS BEING GENERATED ON FORM 2220.

Form And Line ReferenceFormAndLineReferenceDesc

Medium ExplanationMediumExplanationTxt

PART VI-B LINE 1(A) (3)

LINE 1A (3) OF PART VI-B LINE 1(A) (3) IS ANSWERED YES. TAO CAPITAL PARTNERS LLC, AN ENTITY OWNED BY REGAN PRITZKER, SUSAN S. PRITZKER AND THEIR FAMILY, PROVIDED ACCOUNTING AND TAX SERVICES TO THE KATALY FOUNDATION WITHOUT CHARGE.

FORM 990-PF PART V LINE 8

TAXPAYER: KATALY FOUNDATIONEIN: 83-2592980TAXPAYER'S ADDRESS IS IN ONE OF THE FIFTY-FIVE COUNTIES THAT QUALIFIED FOR DISASTER RELIEF DUE TO THE CALIFORNIA WINTER STORMS (CA 2023-02, FEMA DISASTER DECLARATION NUMBER FEMA-4683-DR) 2023 Q3 ESTIMATED TAXES WERE NOT REQUIRED TO BE PAID UNTIL OCTOBER 16, 2023. ACCORDINGLY, TAXPAYER REQUESTS TO WAIVE THE 3RD QUARTER ESTIMATED TAX PENALTY THAT IS BEING GENERATED ON FORM 2220.

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$124,229	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$122,926	DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (17 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ANNUAL REPORTS	$76	$0	$76
BANK FEES	$112	$0	$112
REPRESENTATION FEES	$163	$0	$163
POSTAGE & DELIVERY	$428	$0	$428
PRINTING COSTS	$557	$0	$557
LICENSES & PERMITS	$800	$0	$800
PROFESSIONAL DEVELOPMENT	$2,719	$0	$2,719
TELEPHONE & COMMUNICATION	$3,071	$0	$3,071
DATA PROCESSING EXPENSES	$8,499	$0	$8,499
OFFICE SUPPLIES	$11,575	$0	$11,575
GENERAL OFFICE EXPENSES	$18,658	$0	$29,408
AUTOMOBILE-TAXIS, ETC. EXP	$18,970	$0	$18,970
BUSINESS MEALS	$30,429	$0	$32,771
CONFERENCES/SEMINARS	$37,731	$0	$37,731
EVENT EXPENSE	$44,423	$0	$44,423
TRAVEL	$97,504	$0	$97,504
DUES & SUBSCRIPTIONS	$216,776	$0	$304,191

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAIN	Desc
Amt	$5,205,911	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CONSULTING FEES	$1,004,208	$0	$965,110
PORTFOLIO EXPENSE	$2,150	$2,150	$0
INVESTMENT FEES	$100,000	$100,000	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FEDERAL EXCISE TAX	CategoryTxt
Amt	$355,081	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt