2023-10-31T13:56:55-05:00 2022-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2022-01-01 204480084 The Lodestar Foundation % Foundation Source LODE 6029562699 4455 East Camelback Road Phoenix AZ 85018 Lois Savage President 8008391754 2023-10-24 true Lois Savage 999009999 Jeffrey D Haskell P01345770 8008391754 2022 2023-04-26 12:10:37Z X 165606 X 698323 624 624 3880 3880 -38833 951049 460679 663994 465183 73333 73333 6009 6009 36585 1360 35225 48 10377 44646 44646 1715 1715 19100 19100 191813 1360 180028 940166 940166 1131979 1360 1120194 -467985 463823 67138 111712 111712 582463 69904 53894 649601 181616 165606 0 0 X 649601 181616 649601 181616 649601 181616 649601 -467985 181616 181616 Publicly-traded Securities 951049 490370 460679 460679 460679 6447 6447 6447 5800 0 800 6600 X 16 137 137 false false false false false false true true true AZ true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false true false false false false false false false false false false false false false false false false false I Jerome Hirsch 4455 East Camelback Road Phoenix AZ 85018 Dir, Sec 5.0 0 0 0 Lois Savage 4455 East Camelback Road Phoenix AZ 85018 Pres 20.0 73333 217 0 142938 160850 0 303788 0 303788 4557 299231 14962 14962 6447 6447 8515 8515 8515 1120194 0 0 0 0 1120194 8515 2020 2019 2018 298869 929068 1085977 1011961 877448 4203323 1120194 8515 1111679 5315002 0 698323 4616679 529614 1085977 1011961 877448 1111679 I Jerome Hirsch X ACUMEN FUND INC 40 WORTH ST STE 303 NEW YORK NY 10013 N/A PC General & Unrestricted 75000 AMERICAN FRIENDS OF FORUM 2000 INC 380 LEXINGTON AVE 17TH FL NEW YORK NY 10168 N/A PC General & Unrestricted 25000 ARIZONA ANTI-TRAFFICKING NETWORK PO BOX 1125 MESA AZ 85211 N/A PC General & Unrestricted 1000 ARIZONA COMMUNITY FOUNDATION - SOCIAL VENTURE PART 2201 E CAMELBACK RD STE 405B PHOENIX AZ 85016 N/A PC General & Unrestricted 22500 ARIZONA COMMUNITY FOUNDATION - SOCIAL VENTURE PART 2201 E CAMELBACK RD STE 405B PHOENIX AZ 85016 N/A PC to cover Staffing Costs 10000 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMER PO BOX 2260ATTN PAYROLL BENEFITS TEMPE AZ 85281 N/A PC Sandra Day O'Connor College of Law 2022 Gold 'n Gavel 5000 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMER PO BOX 2260ATTN PAYROLL BENEFITS TEMPE AZ 85281 N/A PC McCain Institute Foundation 25000 BARROW NEUROLOGICAL FOUNDATION 2910 N 3RD AVE SUITE 450 PHOENIX AZ 85013 N/A PC in support of the Pituitary Surgery Research Consortium 36000 CALMATTERS 1017 L ST 261 SACRAMENTO CA 95814 N/A PC Acquisition of Digital Democracy 20000 CIRCLE THE CITY 300 W CLARENDON AVE STE 200 PHOENIX AZ 85013 N/A PC Charitable Event 15000 COMMUNITY FOUNDATION OF NORTHEAST IOWA 3117 GREENHILL CIR CEDAR FALLS IA 50613 N/A PC Strategic Volunteer Engagement Initiative, Phase 2 30000 FLORENCE IMMIGRANT AND REFUGEE RIGHTS PROJECT INC PO BOX 86299 TUCSON AZ 85754 N/A PC General & Unrestricted 2000 GLOBAL IMPACT 1199 NORTH FAIRFAX ST STE 300 ALEXANDRIA VA 22314 N/A PC In support of Philanthropy Together's Landscape Research Study 50000 GLOBAL IMPACT 1199 NORTH FAIRFAX ST STE 300 ALEXANDRIA VA 22314 N/A PC In support of the Philanthropy Together We Give Summit Convening 50000 GLOBAL IMPACT 1199 NORTH FAIRFAX ST STE 300 ALEXANDRIA VA 22314 N/A PC In support of Philanthropy Together's Global Giving Circle Directory Maintenance 15000 INTERNEWS NETWORK PO BOX 4448 ARCATA CA 95518 N/A PC General & Unrestricted 25000 K2 ADVENTURES FOUNDATION 20645 N PIMA RD STE 100 SCOTTSDALE AZ 85255 N/A PC General & Unrestricted 5000 PLAYERS PHILANTHROPY FUND 1122 KENILWORTH DR STE 201 TOWSON MD 21204 N/A PC Good Game Foundation to be used exclusively for Phase One of the La Piana consultancy 3500 POLICY IMPACT 127 UNIVERSITY AVE BERKELEY CA 94710 N/A PC General Operations Fund as fiscal agent for Patriots & Pragmatists Project 35000 RENEW DEMOCRACY INITIATIVE INC PO BOX 20995 NEW YORK NY 10025 N/A PC Support of RDI's Ukranian Initiative 15000 ROCKEFELLER PHILANTHROPY ADVISORS INC 6 WEST 48TH ST 10TH FLOOR NEW YORK NY 10036 N/A PC in support of the Global Philanthropy Class at Columbia Business School 20000 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Merger implementation between Kadima and JVS Human Services 16444 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Merger implementation between Habitat for Humanity Portland Metro East and Habitat for Humanity Portland Willamette West 8889 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Collaboration exploration between American Jewish Joint Distribution Committee and Kahal 4444 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Sustained Collaboration Network 2021 Staff Support 25000 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Annual Administrative Fund 25000 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Sustained Collaboration Network Coordinator Support 75000 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Collaboration between The Walking Classroom Institute and Alliance for a Healthier Generation 11111 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC National Repositioning Fund 20000 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Collaboration implementation between New American Economy and American Immigration Council 22222 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Collaboration exploration between National Clearinghouse for the Defense of Battered Women and Battered Womens Justice Project 15556 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC for the exploration of a merger between MacDonell United Methodist Childrens Services and Options For Independence 20889 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Merger exploration between The Center for Family Strengthening and The Link Family Resource Center 11111 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC NYMAC IV Fund 12500 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Annual Administrative fund 50000 STAND UP REPUBLIC FOUNDATION INC 1140 3RD ST NE WASHINGTON DC 20003 N/A PC Convening of Pro-Democracy Nonprofits and Funders 15000 THE NISKANEN CENTER INC 820 1ST ST NE STE 675 WASHINGTON DC 20002 N/A PC General & Unrestricted 25000 THE PROJECT ON GOVERNMENT OVERSIGHT INC 1100 G ST NW SUITE 500 WASHINGTON DC 20005 N/A PC Fund the implementation of the merger between POGO and OTG 6000 VALLEY OF THE SUN UNITED WAY 3200 E CAMELBACK RD STE 375 PHOENIX AZ 85018 N/A PC in support of VSUW General Operations; Jewish Family & Children's Services; and Central Arizona Shelter Services (CASS) 50000 VALLEY OF THE SUN YOUNG MENS CHRISTIAN ASSOCIATION 350 N 1ST AVE PHOENIX AZ 85003 N/A PC Valley of the Sun YMCA's Youth and Government Expansion Program 41000 940166 14 624 14 3880 18 -38833 -34329 -34329 false false false false false false false false false false X X 1 Alper Family Foundation 23005 N 74th Street Scottsdale AZ 85255 17000 X 2 Hirsch Investment Company 4455 E CAMELBACK RD 215A Phoenix AZ 85018 477323 X 3 Hirsch I Jerome 4455 E Camelback Road 215A Phoenix AZ 85018 200000 X 2 MARQETA ORD SHS CLASS A MQ, 19737 sh. 167172 2022-07-05 2 LIVE NATION INC COM LYV, 3239 sh. 310151 2022-08-09 Form 990-PF, Part XII, Line 7 Form 990-PF, Part XII, Line 7 Election to Treat Unused Prior Year Corpus Distributions as Current Year Corpus Distributions Pursuant to Treasury Regulations Section 53.4942(a)-3(c)(2)(iv), The Lodestar Foundation hereby elects to treat, as a current distribution out of corpus, the following unused prior year's distributions that were treated as corpus distributions under Treasury Regulations Section 53.4942(a)-3(d)(1)(iii) in such prior tax years: Tax Year: Amount: 2017 $298,869 2018 $399,454 By: LOIS SAVAGE Title: PRESIDENT Amount Treated as Distributions out of Corpus to Satisfy Section 170(b)(1)(F)(ii) The Lodestar Foundation (the "Foundation") hereby elects to satisfy the requirements of Internal Revenue Code ("Code") Section 170(b)(1)(F)(ii) in respect of contributions $221,000 and publicly traded securities with a value of $477,323 on the dates received in the taxable year ending December 31, 2022 (the "Conduit Election Year"), for a total of $698,323. To satisfy the requirements of Code Section 170(b)(1)(F)(ii), a private non-operating foundation must: (A) by the end of the Conduit Election Year, distribute any undistributed income from the year immediately preceding the Conduit Election Year; (B) distribute, in the absence of an election under Code Section 4942(h)(2), any undistributed income from the Conduit Election Year by the end of the Conduit Election Year; and (C) make qualifying distributions treated as distributions out of corpus by no later than the 15th day of the third month of the taxable year following the Conduit Election Year in an amount equal to 100 percent of the contributions received by such foundation in the Conduit Election Year. A. Satisfaction of Minimum Distribution Requirement for the Conduit Election Year. As reported on Part XII, Line 2, column (c), the undistributed income for the year immediately preceding the Conduit Election Year is $0. In other words, the Foundation had no undistributed income for 2021. B. Timely Satisfaction of Minimum Distribution Requirement for the Taxable Year following the Conduit Election Year. As reported on Part XII, Line 6f, column (d), the undistributed income for the Conduit Election Year is $0. In other words, the Foundation had no undistributed income for 2022. C. Sufficient Timely Qualified Distributions Made Out of Corpus. To satisfy the requirements of Internal Revenue Code Section 170(b)(1)(F)(ii), the Foundation had until March 15, 2023, the 15th day of the third month of the taxable year following the Conduit Election Year, to make distributions out of corpus in an amount equal to 100 percent of the contributions received by it in the Conduit Election Year, $698,323. As reported on Part XII, Line 7, the Foundation is treating 698,323 as a current distribution out of corpus in full satisfaction of the requirements of Code Section 170(b)(1)(F)(ii) in respect of the Conduit Election Year. The Foundation has attached the necessary election, pursuant to Treasury Regulations Section 53.4942(a)-3(c)(2)(iv), to treat $698,323, of its unused prior years' corpus distributions, as a current distribution out of corpus. JP MORGAN CHASE 46540 36877 LIVE NATION INC COM 23364 17017 As 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, 2022, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $940,166. This amount represents 25% or more of the Foundation's net assets of $651,536 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2022. 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. Administrative Fees 10836 10836 Computers/Electronic Devices 1531 1531 Foundation Dues & Memberships 4954 4954 Office & Supplies 425 425 Payroll Processing Fees 515 515 Registered Agent Fee 276 276 State or Local Filing Fees 20 20 Website Hosting/Support 435 435 DIGITAL SUBSCRIPTION 50 50 CREDIT CARD LATE FEES 58 58 INVESTMENT MANAGEMENT SERVICES 1360 1360 Philanthropic Consulting Srvcs 30975 30975 Website Development 4250 4250 990-PF Estimated Tax for 2022 5800 990-PF Excise Tax for 2021 1277 990-PF Extension for 2021 3300