LIVA FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
LIVA FOUNDATION (EIN 84-4974985)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-15
IRS object ID
202521359349104922
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-15T17:22:20-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN060885645PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BRODEUR & COMPANY CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110 SPRINGBROOK RDAddressLine1Txt
CityOLD SAYBROOKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06475ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN844974985EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LIVA FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O TIMOTHY CROWLEY TRUSTEEBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLIVABusinessNameControlTxt
Phone2033189333PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1156AddressLine1Txt
CityPAWCATUCKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06379ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTIMOTHY CROWLEYPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2033189333PhoneNum
Signature2025-05-15SignatureDt
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 PersonDONALD S BRODEUR JRPreparerPersonNm
PTINP00447959PTIN
Phone8603884627PhoneNum
Preparation2025-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,309,389FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,392,764ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$192InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$192InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$70DividendsRevAndExpnssAmt
Dividends Net Invst Incm$70DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$1,189NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$10,062GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$9,314CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,394,215TotalRevAndExpnssAmt
Total Net Invst Incm$9,576TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$4,425AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,213AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$2,212AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$500TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$1,163OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,163OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$6,088TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,376TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,212TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$10,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$10,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$16,588TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,376TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$12,712TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,377,627ExcessRevenueOverExpensesAmt
Net Investment Income$6,200NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$7,407CashBOYAmt
Cash EOY$200,219CashEOYAmt
Cash EOYFMV$200,219CashEOYFMVAmt
Corporate Stock BOY$79,025CorporateStockBOYAmt
Corporate Stock EOY$1,253,840CorporateStockEOYAmt
Corporate Stock EOYFMV$1,109,170CorporateStockEOYFMVAmt
Total Assets BOY$86,432TotalAssetsBOYAmt
Total Assets EOY$1,454,059TotalAssetsEOYAmt
Total Assets EOYFMV$1,309,389TotalAssetsEOYFMVAmt
Loans From Officers BOY$10,000LoansFromOfficersBOYAmt
Total Liabilities BOY$10,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$76,432NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,454,059NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$76,432TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,454,059TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$86,432TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,454,059TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$76,432TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,377,627ExcessRevenueOverExpensesAmt
Subtotal$1,454,059SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,454,059TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property64 SHRS ADVANCED MICRO DEVICESPropertyDesc
How AcquiredDHowAcquiredCd
Acquired2017-11-17AcquiredDt
Sold2024-10-16SoldDt
Gross Sales Price$10,062GrossSalesPriceAmt
Cost Or Other Basis$748CostOrOtherBasisAmt
Gain Or Loss$9,314GainOrLossAmt
Gains Minus Excess Or Losses$9,314GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$9,314CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$86InvestmentIncomeExciseTaxAmt
Subtotal$86SubtotalAmt
Tax Based On Investment Income$86TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$353EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$353TotalPaymentsAndCreditsAmt
Overpayment$267OverpaymentAmt
Applied To ES Tax$267AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCTOrgReportOrRegisterStateCd
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
Website AddressN/AWebsiteAddressTxt
Individual With BooksTIMOTHY CROWLEYIndividualWithBooksNm
Phone2033189333PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1156AddressLine1Txt
CityPAWCATUCKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06379ZIPCd
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
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonTIMOTHY CROWLEYPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1156AddressLine1Txt
CityPAWCATUCKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06379ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos0.25AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$174,843AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$22,892AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$197,735TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$197,735AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,966CashDeemedCharitableAmt
Net Vl Noncharitable Assets$194,769NetVlNoncharitableAssetsAmt
Minimum Investment Return$9,738MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$9,738MinimumInvestmentReturnAmt
Tax Based On Investment Income$86TaxBasedOnInvestmentIncomeAmt
Total Tax$86TotalTaxAmt
Distributable Before Adj$9,652DistributableBeforeAdjAmt
Distributable Before Ded$9,652DistributableBeforeDedAmt
Distributable As Adjusted$9,652DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$12,712ExpensesAndContributionsAmt
Qualifying Distributions$12,712QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$9,652DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$5,108ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$5,668ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$7,311ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$18,087TotalExcessDistributionCyovAmt
Qualifying Distributions$12,712QualifyingDistributionsAmt
Applied To Current Year$9,652AppliedToCurrentYearAmt
Remaining Distri From Corpus$3,060RemainingDistriFromCorpusAmt
Total Corpus$21,147TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$21,147ExcessDistriCyovToNextYrAmt
Excess From Year3$5,108ExcessFromYear3Amt
Excess From Year2$5,668ExcessFromYear2Amt
Excess From Year1$7,311ExcessFromYear1Amt
Excess From Current Year$3,060ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
KHAN ACADEMY
PO BOX 1630MOUNTAIN VIEWCA94042PUBLIC CHARIGENERAL FUND$500
DOCTORS WITHOUT BORDERS
40 RECTOR STREETNEW YORKNY10006PUBLIC CHARIGENERAL FUND$5,00016TH FLOOR
WINGS FOR LIFE SPINAL CORD RESEARCH
1630 STEWARD STREETSANTA MONICACA90404PUBLIC CHARIGENERAL FUND$2,000
SIGNAL FOUNDATION
650 CASTRO STREETMOUNTAIN VIEWCA94041PUBLIC CHARIGENERAL FUND$500SUITE 120-223
RIDGEFIELD FIRE DEPARTMENT
TOWN OF RIDGEFIELDRIDGEFIELDCT06877PUBLIC CHARIGENERAL FUND$500400 MAIN STREET
FAIRFIELD COUNTY COMMUNITY FOUNDATI
40 RICHARDS AVENUENORWALKCT06854PUBLIC CHARIGENERAL FUND$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$10,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$192ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$70ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$1,189ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,451ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,451TotalIncomeProducingActyAmt

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 (3 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndAddress Line2ContributorUSAddress/AddressLine2TxtNoncash ContributionNoncashContributionInd
NADJA K PEDERSEN
176 WHIPSTICK RDRIDGEFIELDCT06877$5,000Yes (X)
CHRISTOFFER NORVIK
276 WHIPSTICK RDRIDGEFIELDCT06877$5,000Yes (X)
NADJA K PEDERSEN 2019 CRUT UA DTD
3C/O T CROWLEY TRUSTEEPAWCATUCKCT06379$1,382,764Yes (X)PO BOX 1156Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor3ContributorNum
Noncash PropertySEE ATTACHEDNoncashPropertyDesc
Fair Market Value$1,183,688FairMarketValueAmt
Received2024-12-19ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEES(`23 FORM 990-PF)CategoryTxt
Amt$4,425Amt
Net Investment Income$2,213NetInvestmentIncomeAmt
Disbursements Charitable Prps$2,212DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
STOCK - SEE ATTACHED$1,233,465$1,088,965
EXCHANGE TRADED FUNDS - SEE ATTACHED$20,375$20,205

Loans From Officers Schedule LoansFromOfficersSchedule

Loans From Officer LoansFromOfficerGrp

FieldValueIRS element (for citing)
Lender PersonNADJA PEDERSENLenderPersonNm
TitleGRANTORTitleTxt
Loan Original$10,000LoanOriginalAmt
Note2023-06NoteDt
Loan Maturity2024-06LoanMaturityDt
Repayment TermsDEMAND NOTERepaymentTermsTxt
Security Provided BorrowerNONESecurityProvidedBorrowerTxt
Loan PurposeFOR FOUNDATION EXPENSESLoanPurposeTxt
Lender ConsiderationCASH-10,000,FOR PAYMENT OF EXPSLenderConsiderationDesc

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
ADVISORY FEES MS 256$1,163$1,163

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonNADJA KARINA PEDERSEN 2019 CRUTPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O T CROWLEY TRUSTEEAddressLine1Txt
Address Line2PO BOX 1156AddressLine2Txt
CityPAWCATUCKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06379ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryIRS PAYMENT (2023 EXT)CategoryTxt
Amt$500Amt

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