THE SHADOW FUNDERS INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- THE SHADOW FUNDERS INC (EIN 20-2031200)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-13
- IRS object ID
- 202521339349101452
- Schema version
- 2024v5.1
- 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
- Schedule B
- Depreciation Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Reasonable Cause Explanation
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-13T08:24:38-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202031200 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Shadow Funders Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | SHAD | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL HAGLUND | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2025-05-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $845,010 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $35,137 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $755 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $755 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $16,478 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $16,401 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $54,453 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $363,459 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $71,234 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $106,823 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $88,390 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $6,277 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $6,277 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $729 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $287 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $10,474 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,077 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $8,397 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $17,480 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,641 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $8,397 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $80,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $80,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $97,480 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,641 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $88,397 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $9,343 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $79,749 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $38,581 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $31,945 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $31,945 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $623,969 | CorporateStockBOYAmt |
| Corporate Stock EOY | $639,948 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $813,065 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $662,550 | TotalAssetsBOYAmt |
| Total Assets EOY | $671,893 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $845,010 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $662,550 | RetainedEarningBOYAmt |
| Retained Earning EOY | $671,893 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $662,550 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $671,893 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $662,550 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $671,893 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $662,550 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $9,343 | ExcessRevenueOverExpensesAmt |
| Subtotal | $671,893 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $671,893 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $363,459 | GrossSalesPriceAmt |
| Cost Or Other Basis | $292,225 | CostOrOtherBasisAmt |
| Gain Or Loss | $71,234 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $71,234 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $71,234 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,109 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,109 | SubtotalAmt |
| Tax Based On Investment Income | $1,109 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $1,109 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| Christina E Haglund | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Erick J Haglund | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Melissa Haglund | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Michael E Haglund | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir, Sec | 1.0 | $0 | $0 | $0 |
| Molly G Haglund | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, VP | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $806,461 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $44,655 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $851,116 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $851,116 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $12,767 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $838,349 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $41,917 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $41,917 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,109 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,109 | TotalTaxAmt |
| Distributable Before Adj | $40,808 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $40,808 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $40,808 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $88,397 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $88,397 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $40,808 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $7,518 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $31,172 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $11,649 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $50,339 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $88,397 | QualifyingDistributionsAmt |
| Applied To Current Year | $40,808 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $47,589 | RemainingDistriFromCorpusAmt |
| Total Corpus | $97,928 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $7,518 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $90,410 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $31,172 | ExcessFromYear4Amt |
| Excess From Year1 | $11,649 | ExcessFromYear1Amt |
| Excess From Current Year | $47,589 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Melissa Haglund | ContributingManagerNm |
| Contributing Manager | Michael E Haglund | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALL SAINTS PARISH | |||||||
| 3847 NE GLISAN ST | PORTLAND | OR | 97232 | N/A | PC | renovation of Wally Shepard Gym | $25,000 |
| ALL SAINTS PARISH | |||||||
| 3847 NE GLISAN ST | PORTLAND | OR | 97232 | N/A | PC | Scholarship fund for 7th and 8th Grade | $3,000 |
| COLUMBIA RIVER MARITIME MUSEUM INC | |||||||
| 1792 MARINE DR | ASTORIA | OR | 97103 | N/A | PC | General & Unrestricted | $50,000 |
| NORTHWEST TENNESSEE LOCAL FOOD NETWORK | |||||||
| 113 ELM ST | MARTIN | TN | 38237 | N/A | PC | General & Unrestricted | $2,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $80,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $755 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $16,478 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $54,453 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $71,686 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $71,686 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Haglund Michael E | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4196 NE Alameda | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $35,137 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (3 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | SYNCHRONY FINANCIAL SYF, 229 sh. | $11,037 | 2024-09-25 |
| 1 | LOCKHEED MARTIN CORP LMT, 16 sh. | $9,285 | 2024-09-25 |
| 1 | ASBURY AUTOMOTIVE GR ABG, 63 sh. | $14,815 | 2024-09-25 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (171 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABB LTD | $3,329 | $4,458 |
| ABBOTT LABS | $4,899 | $5,769 |
| ABBVIE INC | $7,632 | $9,063 |
| AES CORP | $317 | $257 |
| AIA GROUP LTD ADR | $1,252 | $893 |
| AIR PRODS & CHEM INC | $9,136 | $11,022 |
| AIRBNB | $946 | $788 |
| AIRBUS GROUP | $998 | $1,315 |
| ALLSTATE CORP | $9,948 | $15,615 |
| ALNYLAM PHARMACEUTICALS, INC | $440 | $706 |
| ALPHABET INC CL A | $4,716 | $9,654 |
| ALPHABET INC CL C | $2,356 | $2,857 |
| AMADEUS IT HLDS SA | $332 | $353 |
| AMAZON COM | $1,454 | $1,755 |
| AMERICA MOVIL SA | $515 | $372 |
| AMERICAN EXPRESS CO | $2,782 | $4,749 |
| AMERIPRISE FINANCIAL INC | $4,081 | $4,792 |
| APPLE INC | $12,408 | $24,540 |
| APPLIED MATERIALS INC | $7,314 | $7,318 |
| ASML HOLDING NV NY REG SHS | $5,893 | $6,931 |
| ASSA ABLOY UNSP/ADR | $639 | $674 |
| ASTRAZENECA | $5,477 | $6,093 |
| BAE SYSTEMS PLC | $609 | $572 |
| BEIGENE LTD | $566 | $554 |
| BLACKROCK INC | $4,903 | $7,176 |
| BOEING CO | $2,677 | $2,478 |
| BOSTON SCIENTIFIC | $902 | $893 |
| BP PLC SPONSORED ADR | $894 | $709 |
| BRISTOL-MYERS SQUIBB CO | $9,877 | $10,520 |
| BRITISH AMERICAN TOBACCO PLC | $586 | $617 |
| BROADCOM INC | $9,496 | $37,557 |
| BUNGE GLOBAL SA | $628 | $467 |
| CALRSBERG AS SP ADR REP B | $473 | $286 |
| CANADIAN NATURAL RESOURCES LTD | $2,525 | $2,624 |
| CAP GEMINI SA UNSP/ADR | $479 | $422 |
| CAPITAL ONE FINANCIAL CORP | $2,542 | $4,280 |
| CARRIER GLOBAL | $1,294 | $1,638 |
| CATERPILLAR INC | $7,847 | $12,697 |
| CDW CORP | $3,212 | $4,177 |
| CELANESE CORPORATION | $3,429 | $1,869 |
| CENOVUS ENERGY INC | $829 | $606 |
| CHUBB LIMITED | $4,303 | $6,908 |
| CISCO SYSTEMS INC | $9,052 | $9,531 |
| CLOROX CO | $2,680 | $3,411 |
| CLOUDFLARE, INC. | $825 | $754 |
| CME GROUP, INC | $826 | $929 |
| COMCAST CORP | $10,346 | $7,881 |
| CONOCOPHILLIPS | $770 | $595 |
| CONSTELLATION BRANDS INC | $5,421 | $4,641 |
| CONSTELLATION ENERGY GROUP INC | $1,688 | $4,698 |
| COSTCO WHOLESALE CORPORATION | $1,427 | $1,833 |
| CRANE CO | $2,678 | $3,794 |
| CSX CORP | $3,528 | $3,969 |
| CVS CAREMARK CORP | $4,845 | $3,097 |
| DAIKIN INDS LTD ADR | $765 | $594 |
| DANAHER CORP | $4,678 | $4,821 |
| DARDEN RESTAURANTS INC | $3,635 | $5,227 |
| DEVON ENERGY CORPORATION | $4,077 | $3,306 |
| DISCOVER FINL SVCS COM | $2,112 | $4,158 |
| DNB BANK ASA | $577 | $617 |
| DSV UNSP ADR EACH REPR 0.5 ORD | $1,027 | $1,381 |
| ELEVANCE HEALTH INC | $2,239 | $2,582 |
| ELI LILLY & CO | $5,889 | $12,352 |
| ENTAIN PLC | $353 | $301 |
| EOG RESOURCES INC | $10,442 | $10,297 |
| EQUIFAX INC | $479 | $510 |
| ESSILOR INTL ADR | $1,112 | $1,327 |
| EXTRA SPACE STORAGE | $3,719 | $3,590 |
| EXXON MOBIL CORP | $4,033 | $3,657 |
| FLUTTER ENTMT PLC ADR | $732 | $1,034 |
| FORTINET INC | $2,759 | $4,346 |
| FREEPORT-MCMORAN COPPER & GOLD | $505 | $419 |
| GENERAL ELECTRIC CO | $6,698 | $7,172 |
| GENERAL MOTORS | $6,311 | $7,991 |
| GILEAD SCIENCES INC | $3,700 | $5,080 |
| GODADDY INC | $614 | $987 |
| GOLDMAN SACHS GROUP | $2,588 | $5,154 |
| HALLIBURTON COMPANY | $4,099 | $2,882 |
| HERMES INTL 10 ADR | $766 | $1,195 |
| HILTON WORLDWIDE HOLDINGS, INC | $1,004 | $1,236 |
| HOME DEPOT INC | $18,142 | $26,061 |
| HONEYWELL INTL | $9,570 | $11,520 |
| HONG KONG EX&CL UNSP/ADR | $399 | $488 |
| ICICI BK LTD ADS | $896 | $1,045 |
| INTERCONTINENTAL EXCHANGE, INC | $2,223 | $2,980 |
| INTERNATIONAL BUSINESS MACHINE | $9,752 | $9,233 |
| INTUITIVE SURGICAL | $1,118 | $1,566 |
| JOHNSON & JOHNSON | $9,686 | $8,388 |
| JP MORGAN CHASE | $6,894 | $12,225 |
| KEURIG DR PEPPER INC | $5,839 | $5,493 |
| KIMBERLY CLARK CORP | $3,968 | $3,669 |
| KKR & CO INC | $3,498 | $5,916 |
| L3HARRIS TECHNOLOGIES | $3,191 | $2,734 |
| LINDE PLC COM | $3,517 | $5,024 |
| LONDON STK EXCHANGE GROUP | $786 | $1,106 |
| LOWES COMPANIES INC | $2,954 | $5,430 |
| LVMH MOET HENN UNSP | $1,323 | $915 |
| MARSH AND MCLENNAN COMPANIES I | $5,451 | $10,833 |
| MASTERCARD INC | $8,649 | $11,058 |
| MCDONALD'S CORP | $9,819 | $8,987 |
| MEDTRONIC PLC | $8,765 | $7,908 |
| MERCK & CO INC | $10,344 | $13,430 |
| META PLATFORMS INC | $5,059 | $8,197 |
| MICROSOFT CORP | $16,736 | $30,769 |
| MITSUI & COMPANY, LTD. - ADR | $900 | $833 |
| MOTOROLA SOLUTIONS INC | $4,605 | $5,085 |
| NESTLE S.A | $11,686 | $9,396 |
| NETFLIX INC | $1,832 | $2,674 |
| NIKE INC-CL B | $565 | $454 |
| NINTENDO CO LTD ADR UNSPON | $723 | $775 |
| NORTHROP GRUMMAN CORP | $4,287 | $6,101 |
| NOVO NORDISK A S | $1,752 | $2,237 |
| NVIDIA CORP | $4,008 | $5,237 |
| ON SEMICONDUCTOR | $386 | $378 |
| OWENS CORNING | $2,459 | $5,110 |
| PAYCHEX | $4,154 | $4,767 |
| PEPSICO INC | $9,730 | $8,819 |
| PERNOD RICARD S A SPONSORED AD | $424 | $315 |
| PFIZER INC | $355 | $371 |
| PHILIP MORRIS INTL | $11,441 | $13,960 |
| PROCTER GAMBLE CO | $9,324 | $11,065 |
| PROSUS NV ADR | $641 | $834 |
| RAYTHEON TECHNOLOGIES CORP | $4,944 | $6,249 |
| REGENERON PHARMACEUTICALS INC | $1,843 | $1,425 |
| RENAISSANCERE HOLDINGS LTD | $2,690 | $2,986 |
| RENAULT SA | $666 | $624 |
| RESTAURANT BRANDS INTL | $567 | $521 |
| ROLLS ROYCE GRP PLC S/ADR | $490 | $882 |
| ROYAL CARRIBEAN CRUISE | $3,875 | $5,998 |
| RYANAIR HOLDINGS PLC-ADR COM | $545 | $436 |
| SAFRAN SA - UNSPON ADR | $1,568 | $1,799 |
| SALESFORCE.COM | $1,105 | $1,337 |
| SAP AKTIENGESELL ADS | $5,198 | $5,170 |
| SCHLUMBERGER LTD | $563 | $422 |
| SCHNEIDER ELEC UNSP/ADR | $1,384 | $1,539 |
| SEMPRA ENERGY COM | $3,510 | $4,649 |
| SHERWIN-WILLIAMS CO | $618 | $680 |
| SHIN-ETSU CHEMICAL C | $572 | $710 |
| SHOPIFY INC | $624 | $1,170 |
| SIKA AG BEARER SHS | $932 | $778 |
| SMC CORPORATION | $420 | $310 |
| SOUTHERN CO | $4,357 | $4,445 |
| STARBUCKS CORP COM | $884 | $913 |
| STMICROELECTRONICS | $495 | $300 |
| SYNOPSYS, INC | $1,072 | $971 |
| TAIWAN SEMICONDUCTOR MFG CO LT | $1,255 | $3,555 |
| TARGET CORPORATION | $2,612 | $2,298 |
| TENCENT HOLDINGS LIMITED | $571 | $638 |
| TESLA MOTORS INC | $1,758 | $4,038 |
| TEXAS INSTRUMENTS INC | $9,601 | $10,876 |
| THE BLACKSTONE GROUP INC CL A | $4,705 | $6,207 |
| THE COCA-COLA CO | $9,732 | $9,775 |
| THE HERSHEY COMPANY | $11,495 | $10,838 |
| THERMO FISHER SCIENTIFIC INC | $1,101 | $1,040 |
| TJX COMPANIES INC | $2,816 | $4,832 |
| TOTALENERGIES SE | $1,032 | $872 |
| TRIP COM GROUP ADR | $866 | $1,236 |
| UNICREDIT SPA | $525 | $679 |
| UNILEVER PLC AMER | $9,666 | $10,603 |
| UNION PACIFIC | $9,423 | $9,578 |
| UNITED RENTALS INC | $3,256 | $9,158 |
| UNITEDHEALTH GROUP INC | $10,743 | $12,141 |
| VALE SA | $690 | $514 |
| VERIZON COMMUNICATIONS | $9,855 | $8,958 |
| VERTEX PHARMCTLS INC | $1,577 | $1,611 |
| VISA INC | $8,006 | $10,429 |
| WARNER MUSIC GRP CRP | $4,115 | $4,185 |
| WELLS FARGO & CO | $3,766 | $4,566 |
| WELLTOWER INC. | $4,356 | $6,049 |
| YUM BRANDS INC | $4,959 | $5,501 |
| ZOETIS INC | $760 | $815 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $8,372 | $8,372 | |
| Bank Charges | $2,077 | $2,077 | |
| State or Local Filing Fees | $25 | $25 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $6,277 | Amt |
| Net Investment Income | $6,277 | NetInvestmentIncomeAmt |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | We respectfully request that The Shadow Funders Inc.'s quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $20 penalty indicated on Form 2220 be abated because the underpayment in Q3 and Q4 was due to reasonable cause. Treasury Regulations Sec 301.6651-1(c)(1) defines reasonable by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to calculate its quarterly estimates for tax period ending December 31, 2024. The firm's software correctly determined that the foundation could pay its Q3 and Q4 estimates based on prior year tax liability. However, since that liability was under $500, the software incorrectly indicated that no quarterly payment was due. As soon as the error was discovered, the foundation paid the required tax. We believe that the underpayment was due to reasonable cause and in no way due to an intentional disregard for the rules and respectfully request that no 2220 penalty be assessed. | ExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Excise Tax for 2023 | $442 | |
| Foreign Tax Paid | $287 | $287 |
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