2023-08-29T13:25:28-05:00 2022-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2022-01-01 263878866 Planet Heritage Foundation Inc % Foundation Source PLAN 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Addison Fischer President 8008391754 2023-08-09 true Addison Fischer 999009999 Jeffrey D Haskell P01345770 8008391754 2022 2023-04-26 12:10:37Z X 23219928 X 0 X 48901 48901 99794 99794 -83318 3662427 0 125000 125000 125000 190377 273695 125000 0 870 0 0 870 23948 22698 1250 2833 633 78779 384 78395 106430 23715 0 80515 2035000 2035000 2141430 23715 0 2115515 -1951053 249980 125000 2928666 2887458 2887458 41126 41126 41126 155281 155566 3134270 3036197 3533386 2017589 1938741 1719812 14944204 13014873 12882580 2000000 2000000 2000000 25024729 23073676 23219928 0 0 X 25024729 23073676 25024729 23073676 25024729 23073676 25024729 -1951053 23073676 23073676 Publicly-traded Securities 2694759 2840863 -146104 -146104 STEELMILL FUND LTD. P 2017-04-01 2022-04-01 967668 904882 62786 62786 -83318 3475 3475 3475 2556 0 2556 X 28 947 false false false false false false false true true DE FL true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false A Fischer Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec 3.0 0 0 0 O Fischer Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, VP 1.0 0 0 0 C E Mercer Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 3.0 0 0 0 Foundation Source 55 Walls Drive 3rd Fl Fairfield CT 06824 Administrative 70246 5461487 3915908 13154819 22532214 0 22532214 337983 22194231 1109712 1109712 3475 3475 1106237 1106237 1106237 2115515 0 0 0 0 2115515 1106237 2020 2019 2018 373914 6709 270149 2979228 1676020 5306020 2115515 1106237 1009278 6315298 0 373914 5941384 6709 270149 2979228 1676020 1009278 A Fischer X CAIDP 1100 13TH ST NW STE 800 WASHINGTON DC 20005 N/A PC general & unrestricted 50000 MELIMOYU FOUNDATION LOTE N2 LA FABRICA KM 7 RD PUERTO VARAS ENSENADA CI N/A PC Coastal Marine Protected Area initiative 15000 MELIMOYU FOUNDATION LOTE N2 LA FABRICA KM 7 RD PUERTO VARAS ENSENADA CI N/A PC Coastal Marine Protected Area initiative 20000 NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE RD STE 1200 JENKINTOWN PA 19046 N/A PC Charitable Outreach Fund 284000 NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE RD STE 1200 JENKINTOWN PA 19046 N/A PC Charitable Outreach Fund 250000 NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE RD STE 1200 JENKINTOWN PA 19046 N/A PC Charitable Outreach Fund 160000 NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE RD STE 1200 JENKINTOWN PA 19046 N/A PC Charitable Outreach Fund 206000 RAND CORPORATION 1776 MAIN ST SANTA MONICA CA 90401 N/A PC General & Unrestricted 30000 ROCKEFELLER PHILANTHROPY ADVISORS INC 6 WEST 48TH ST 10TH FLOOR NEW YORK NY 10036 N/A PC Oceans 5 Alliance 1000000 UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLE 411 MAIN ST BURLINGTON VT 05401 N/A GOV Jumping Worm Campaign, Facilitation of the Conference and Website Design 10000 UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLE 411 MAIN ST BURLINGTON VT 05401 N/A GOV Jumping Worm Campaign and Mini conference 10000 2035000 14 48901 14 99794 18 -83318 INTEREST INCOME FROM PRI 125000 65377 125000 190377 11 INTEREST INCOME FROM PROGRAM RELATED INVESTMENTS - CHOICE DIVESTING (F/K/A ALIGNED INTERMEDIARY) - INCREASE THE FLOW OF PRIVATE, FOR PROFIT CAPITAL FROM LONG-TERM INVESTORS INTO CLIMATE INFRASTRUCTURE TRANSACTIONS WITH A CLEAR ENVIRONMENTAL BENEFIT. false false false false false false false false false false CHOICE DIVESTING (ALIGNED INTERMEDIARY) 41 MADISON AVE 31ST FLOOR NEW YORK NY 10010 2016-07-11 1400000 PRI INVEST-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION NO SEE GENERAL EXPLANATION FOR REPORT DATES THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. CHOICE DIVESTING (ALIGNED INTERMEDIARY) 41 MADISON AVE 31ST FLOOR NEW YORK NY 10010 2017-10-18 500000 PRI INVEST-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION NO See General Explanation for Report Dates THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. CHOICE DIVESTING (ALIGNED INTERMEDIARY) 41 MADISON AVE 31ST FLOOR NEW YORK NY 10010 2016-07-11 100000 PRI INVEST-SEE GENERAL EXPLANATION FOR PURPOSE & ADDTL DETAILS RE AMT EXPENDED & LACK OF DIVERSION NO SEE GENERAL EXPLANATION FOR REPORT DATES THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY PRI RECIPIENT: CHOICE DIVESTING INC. (F/K/A ALIGNED INTERMEDIARY, INC.) DATE OF PRI: 7/11/2016 AMOUNT OF PRI: $1,400,000 PURPOSE OF PRI: TO FUND THE OPERATIONAL COSTS OF CHOICE DIVESTING INC. (F/K/A ALIGNED INTERMEDIARY, INC.), WHICH WILL FACILITATE LONG-TERM INVESTMENTS IN CLIMATE INFRASTRUCTURE INCLUDING CLEAR ENERGY, WATER INFRASTRUCTURE, AND WASTE-TO-VALUE. CHOICE DIVESTING INC. (F/K/A ALIGNED INTERMEDIARY, INC.) WILL ALSO EDUCATE INVESTORS AND THE GENERAL PUBLIC ON THE CLIMATE INFRASTRUCTURE SECTOR. REPORTS OF AMOUNTS EXPENDED: RECIPIENT HAS SUBMITTED A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEARS INDICATED BELOW: DATE OF REPORT: 09/25/2017 FOR FYE 12/31/2016 DATE OF REPORT: 02/25/2019 FOR FYE 12/31/2017 DATE OF REPORT: 11/24/2019 FOR FYE 12/31/2018 DATE OF REPORT: 10/15/2020 FOR FYE 12/31/2019 DATE OF REPORT: 07/26/2021 FOR FYE 12/31/2020 DATE OF REPORT: 04/05/2022 FOR FYE 12/31/2021 THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 12/31/2022. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY (CONT.) PRI RECIPIENT: CHOICE DIVESTING INC. (F/K/A ALIGNED INTERMEDIARY, INC.) DATE OF PRI: 10/18/2017 AMOUNT OF PRI: $500,000 PURPOSE OF PRI: TO FUND THE OPERATIONAL COSTS OF CHOICE DIVESTING INC. (F/K/A ALIGNED INTERMEDIARY, INC.), WHICH WILL FACILITATE LONG-TERM INVESTMENTS IN CLIMATE INFRASTRUCTURE INCLUDING CLEAR ENERGY, WATER INFRASTRUCTURE, AND WASTE-TO-VALUE. CHOICE DIVESTING INC. (F/K/A ALIGNED INTERMEDIARY, INC.) WILL ALSO EDUCATE INVESTORS AND THE GENERAL PUBLIC ON THE CLIMATE INFRASTRUCTURE SECTOR. REPORTS OF AMOUNTS EXPENDED: RECIPIENT HAS SUBMITTED FULL AND COMPLETE FINANCIAL REPORTS OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEARS INDICATED BELOW: DATE OF REPORT: 02/25/2019 FOR FYE 12/31/2017 DATE OF REPORT: 11/24/2019 FOR FYE 12/31/2018 DATE OF REPORT: 10/15/2020 FOR FYE 12/31/2019 DATE OF REPORT: 07/26/2021 FOR FYE 12/31/2020 DATE OF REPORT: 04/05/2022 FOR FYE 12/31/2021 THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 12/31/2022. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY PRI RECIPIENT: CHOICE DIVESTING INC. (F/K/A ALIGNED INTERMEDIARY, INC.) DATE OF PRI: 7/11/2016 AMOUNT OF PRI: $100,000 PURPOSE OF PRI: TO FUND THE OPERATIONAL COSTS OF CHOICE DIVESTING INC. (F/K/A ALIGNED INTERMEDIARY, INC.), WHICH WILL FACILITATE LONG-TERM INVESTMENTS IN CLIMATE INFRASTRUCTURE INCLUDING CLEAR ENERGY, WATER INFRASTRUCTURE, AND WASTE-TO-VALUE. CHOICE DIVESTING INC. (F/K/A ALIGNED INTERMEDIARY, INC.) WILL ALSO EDUCATE INVESTORS AND THE GENERAL PUBLIC ON THE CLIMATE INFRASTRUCTURE SECTOR. REPORTS OF AMOUNTS EXPENDED: RECIPIENT HAS SUBMITTED A FULL AND COMPLETE FINANCIAL REPORT OF THE TYPE ORDINARILY REQUIRED BY COMMERCIAL INVESTORS UNDER SIMILAR CIRCUMSTANCES AND A STATEMENT THAT IT HAS COMPLIED WITH THE TERMS OF THE INVESTMENT FOR ITS FISCAL YEARS INDICATED BELOW: DATE OF REPORT: 09/25/2017 FOR FYE 12/31/2016 DATE OF REPORT: 02/25/2019 FOR FYE 12/31/2017 DATE OF REPORT: 11/24/2019 FOR FYE 12/31/2018 DATE OF REPORT: 10/15/2020 FOR FYE 12/31/2019 DATE OF REPORT: 07/26/2021 FOR FYE 12/31/2020 DATE OF REPORT: 04/05/2022 FOR FYE 12/31/2021 THIS INVESTMENT REMAINED ON THE FOUNDATION'S BOOKS AS OF 12/31/2022. DIVERSIONS: TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE INVESTMENT WAS ORIGINALLY MADE. AETNA INC - 3.500% - 11/15/202 100722 90448 AMERICAN EXPRESS - 3.400% - 02 102368 95929 AMERICAN HOME PRODS CORP - 7.2 106276 90348 ANTHEM INC NOTE - 3.650% - 12/ 101142 86010 APPLE INC - 2.050% - 09/11/202 99905 90353 COMCAST CORP - 3.700% - 04/15/ 102655 91616 DEERE CO - 3.450% - 03/13/2025 103020 89609 DUKE ENERGY CORP - 3.950% - 10 102979 93020 GOLDMAN SACHS GROUP INC NOTE - 99180 91392 HOME DEPOT INC - 2.800% - 09/1 102350 89159 IBM CORP BOND - 3.375% - 08/01 95095 94076 JOHNSON & JOHNSON - 2.450% - 0 103661 89369 JP MORGAN CHASE - 3.900% - 07/ 102036 88964 MICROSOFT CORP - 3.125% - 11/0 104094 89923 PEPSICO - 2.375% - 10/06/2026 103753 89397 STRYKER CORP NOTE - 3.375% - 0 100376 92806 U S BANCORP - 3.150% - 04/27/2 102033 87457 VERIZON COMMUNICATIONS - 3.500 103769 91307 WALMART INC - 3.050% - 07/08/2 103327 88629 AMERICAN WATER WORKS COMPANY I 58015 69808 AMERISOURCEBERGEN CORP 63092 64295 ARCH COAL, INC 38544 37125 AUTOMATIC DATA PROCESSING INC 64390 65925 BERKLEY W R CP 43734 47316 BERKSHIRE HATHAWAY INC. CLASS 58024 61780 CADENCE DESIGN SYSTEMS INC 55055 77910 CF INDUSTRIES HOLDINGS, INC 30045 24538 CHEMED CORP 54534 60231 CHEVRON CORP 60570 79155 DANAHER CORP 67065 73787 EDWARDS LIFESCIENCES 50736 51556 ELEVANCE HEALTH INC 52358 54888 ELI LILLY & CO 44019 48657 FACTSET RESH SYST INC 70797 69008 FORTINET INC 51835 92891 GEN DYNAMICS CP 44717 45652 HOWMET AEROSPACE ORD SHS 52241 53401 INTERCONTINENTAL EXCHANGE, INC 58560 62682 INTUIT 50399 68892 INTUITIVE SURGICAL 51696 50947 ISHARES MSCI USA MIN VOLATILIT 347800 352713 LOCKHEED MARTIN CORP 52574 64217 MASTERCARD INC 52436 59810 MCKESSON CORP 58118 64146 MERCK & CO INC 52219 63796 MOLINA HEALTHCARE 53705 99396 MONOLITHIC POWER SYSTEMS, INC 38883 37483 MONSTER BEVERAGE CORP 54065 77569 NEXTERA ENERGY, INC 58080 77581 NORTHROP GRUMMAN CORP 30165 34373 NOVO NORDISK A S 36789 47775 PARKER HANNIFIN CP 49437 76824 PEPSICO INC 59361 81658 PERKIN ELMER INC 53865 63520 PROGRESSIVE CORP OHIO 57949 68357 QUIDELORTHO CORPORATION COM 38933 35981 REGENERON PHARMACEUTICALS INC 54447 70706 REPUBLIC SVCS INC 58417 87584 SONY GROUP CORP 50219 58583 THE HERSHEY COMPANY 62703 64608 THERMO FISHER SCIENTIFIC INC 59644 83705 TRANE TECHNOLOGIES PLC 49815 90096 VEEVA SYSTEMS INC 65055 38893 VERTEX PHARMCTLS INC 39204 35809 WAL-MART STORES INC 60672 70328 WASHINGTON FED INC 50767 62369 WASTE MANAGEMENT INC 57260 83931 WATERS CORP 52274 53442 WILLIAMS COS 59926 64747 ZEBRA TECHNOLOGIES CORP 50227 48718 ZOETIS INC 50762 54224 155281 155566 STM LCB LLC 1819873 687580 TAE TECHNOLOGIES SERIES F 1195000 1195000 TAE TECHNOLOGIES SERIES G2 10000000 10000000 TAE TECHNOLOGIES SERIES G2 W 1000000 General Consultations 870 870 PRI-CHOICE DIVESTING 7-11-16 1400000 1400000 PRI-CHOICE DIVESTING 7-11-16 100000 100000 PRI-CHOICE DIVESTING 10-18-17 500000 500000 Administrative Fees 70246 70246 Bank Charges 384 384 Indemnification Insurance 6074 6074 INSURANCE PREMIUMS 1744 1744 Registered Agent Fee 306 306 State or Local Filing Fees 25 25 Interest Income from PRI 125000 125000 125000 Investment Management Services 22698 22698 Philanthropic Consulting Srvcs 1250 1250 990-PF Estimated Tax for 2022 2200 Foreign Tax Paid 633 633