2023-11-08T16:29:18-06:00 2022-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2022-01-01 776140213 Michael and Ina Korek Foundation Trust % Foundation Source MICH 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Brian Korek Executive Director 8008391754 2023-10-26 true Brian Korek 999009999 Jeffrey D Haskell P01345770 8008391754 2022 2023-04-26 12:10:37Z X 8906009 X 10256 355 355 218326 218326 264919 1442217 265510 -126494 -3699 367362 480492 110000 110000 186502 51502 135000 14613 3813 58720 11256 47230 369835 66571 292230 207800 207800 577635 66571 500030 -210273 413921 841102 269467 269467 718549 728339 666723 6294659 6414259 6264438 110999 86129 70619 868659 1125501 1634762 8833968 8623695 8906009 0 0 X 8833968 8623695 8833968 8623695 8833968 8623695 8833968 -210273 8623695 8623695 Publicly-traded Securities 1442217 1209257 232960 232960 Passthrough K1 Capital Gain/(Loss) 32550 265510 5754 5754 5754 6112 0 1500 7612 X 0 1858 1858 false false false false false false false true true CA 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 Teresa Babb Foundation Source 501 Silverside Rd Wilmington DE 198091377 Managing Trustee 25.0 60000 0 0 Brian Korek Foundation Source 501 Silverside Rd Wilmington DE 198091377 Executive Dir 20.0 50000 0 0 Alek Dylan Peterlin Foundation Source 501 Silverside Rd Wilmington DE 198091377 Trustee 1.0 0 0 0 Brock Peterlin Foundation Source 501 Silverside Rd Wilmington DE 198091377 Trustee 0.0 0 0 0 uncommon 1331 21st Street Sacramento CA 95811 advertising 135000 Beacon Pointe Advisors LLC 900 East hamilton ave ste 120 CAMPBELL CA 95008 Investment Mgmt 51502 DANGERS OF BOATING UNDER THE INFLUENCE -FUNDING FREE ONGOING PUBLIC SERVICE ANNOUNCEMENTS TO EDUCATE THE PUBLIC TO ASSIST IN PREVENTING AND REDUCING HARM FROM BOATING ACCIDENTS. 135000 7553192 487548 1443947 9484687 0 9484687 142270 9342417 467121 467121 5754 5754 461367 461367 461367 500030 0 0 0 0 500030 461367 478940 2020 2019 2018 500030 478940 21090 0 0 440277 0 0 NONE X A SAFE PLACE PO BOX 23006 OAKLAND CA 94623 N/A PC General & Unrestricted 3000 AMERICAN BIRD CONSERVANCY 4249 LOUDOUN AVE BOX 249 THE PLAINS VA 20198 N/A PC General & Unrestricted 2000 ANIMAL LEGAL DEFENSE FUND 525 E COTATI AVE COTATI CA 94931 N/A PC General & Unrestricted 5000 ASSOCIATION OF SMALL FOUNDATIONS DBA EXPONENT PHIL 1720 N ST NW WASHINGTON DC 20036 N/A PC General & Unrestricted 1000 BAT WORLD SANCTUARY 299 HIGH POINT RD WEATHERFORD TX 76088 N/A PC General & Unrestricted 4000 BERKELEY BAYIT INC 1569 SOLANO AVE UNIT 513 BERKELEY CA 94707 N/A PC Capital Campaign 10000 CENTER FOR BIOLOGICAL DIVERSITY INC PO BOX 710 TUCSON AZ 85702 N/A PC General & Unrestricted 4000 CHABAD OF CALIFORNIA 741 GAYLEY AVE LOS ANGELES CA 90024 N/A PC General & Unrestricted 1000 CHAC 590 W EL CAMINO REAL MOUNTAIN VIEW CA 94040 N/A PC General & Unrestricted 3000 CHARITY GLOBAL INC - CHARITY WATER PO BOX 5026 HAGERSTOWN MD 21741 N/A PC General & Unrestricted 1000 CHEETAH CONSERVATION FUND PO BOX 2496 ALEXANDRIA VA 22301 N/A PC General & Unrestricted 4000 CHILD ADVOCATES OF SILICON VALLEY INC 509 VALLEY WAY BLDG 2 MILPITAS CA 95035 N/A PC General & Unrestricted 5000 COMMUNITY SCHOOL OF MUSIC AND ARTS 230 SAN ANTONIO CIR MOUNTAIN VIEW CA 94040 N/A PC General & Unrestricted 5000 COMMUNITY SERVICES AGENCY 204 STIERLIN RD MOUNTAIN VIEW CA 94043 N/A PC General & Unrestricted 4000 CONGREGATION SHIR HADASH 20 CHERRY BLOSSOM LN LOS GATOS CA 95032 N/A PC General & Unrestricted 1000 CONSUMER REPORTS INC 101 TRUMAN AVE YONKERS NY 10703 N/A PC General & Unrestricted 500 COURAGE REINS 5870 W 10400 N STE C HIGHLAND UT 84003 N/A PC General & Unrestricted 1000 COVENANT HOUSE CALIFORNIA 1325 N WESTERN AVE LOS ANGELES CA 90027 N/A PC General & Unrestricted 1000 EARTHJUSTICE 50 CALIFORNIA ST SUITE 500 SAN FRANCISCO CA 94111 N/A PC General & Unrestricted 4000 GLAUCOMA RESEARCH FOUNDATION 251 POST ST STE 600 SAN FRANCISCO CA 94108 N/A PC General & Unrestricted 1000 GREENPEACE FUND INC 702 H ST NW STE 300 WASHINGTON DC 20001 N/A PC General & Unrestricted 5000 H E R WEEKEND INC PO BOX 77 WOODLAND HLS CA 91365 N/A PC General & Unrestricted 1000 HIAS INC PO BOX 97077 WASHINGTON DC 20090 N/A PC General & Unrestricted 1000 HONEST REPORTING COM INC 165 E 56TH ST 2ND FL NEW YORK NY 10022 N/A PC General & Unrestricted 1000 HOOPS FOR HOPE INC PO BOX 895 EAST HAMPTON NY 11937 N/A PC General & Unrestricted 1000 HOPE FOR PAWS 8950 W OLYMPIC BLVD 525 LOS ANGELES CA 90211 N/A PC General & Unrestricted 1000 HUMANE SOCIETY SILICON VALLEY 901 AMES AVE MILPITAS CA 95035 N/A PC General & Unrestricted 1000 INTERNATIONAL PLANNED PARENTHOOD FEDERATION 125 MAIDEN LANE 9TH FL NEW YORK NY 10038 N/A PC General & Unrestricted 5000 JEWISH FAMILY & CHILDRENS SERVICES 2150 POST ST SAN FRANCISCO CA 94115 N/A PC General & Unrestricted 1000 KARMA CAT RESCUE 346 PAUL AVE MOUNTAIN VIEW CA 94041 N/A PC General & Unrestricted 1000 KIDNEY CANCER ASSOCIATION PO BOX 676226 DALLAS TX 75267 N/A PC General & Unrestricted 1000 MARINE MAMMAL CENTER 2000 BUNKER RD FORT CRONKHITE SAUSALITO CA 94965 N/A PC General & Unrestricted 3000 MARS SOCIETY INC 11111 W 8TH AVE STE A LAKEWOOD CO 80215 N/A PC General & Unrestricted 1000 MEDECINS SANS FRONTIERES USA INC - DOCTORS WITHOUT PO BOX 5030 HAGERSTOWN MD 21741 N/A PC General & Unrestricted 1000 MENTOR TUTOR CONNECTION PO BOX 391268 MOUNTAIN VIEW CA 94039 N/A PC General & Unrestricted 1000 MILLIES PRINCESS FOUNDATION 2873 E ETIENNE WAY SANDY UT 84093 N/A PC General & Unrestricted 1000 MONTEREY BAY AQUARIUM FOUNDATION 886 CANNERY ROW MONTEREY CA 93940 N/A PC General & Unrestricted 1000 MOTHERS AGAINST DRUNK DRIVING 511 E JOHN CARPENTER FREEWAY STE 70 IRVING TX 75062 N/A PC Northern California Boating Under the influence program 52800 NATIONAL ASSOCIATION OF STATE BOATING LAW ADMINIST 1020 MONARCH ST STE 200 LEXINGTON KY 40513 N/A PC Operation Dry Water Campaign 1000 NATURAL RESOURCES DEFENSE COUNCIL INC 40 WEST 20TH ST 11TH FLOOR NEW YORK NY 10011 N/A PC General & Unrestricted 2000 NIKE ANIMAL RESCUE FOUNDATION 1784 EL CODO WAY SAN JOSE CA 95124 N/A PC General & Unrestricted 2000 NOVA UKRAINE 3277 S WHITE RD PMB 8475 SAN JOSE CA 95148 N/A PC General & Unrestricted 5000 ONE CHILD 1900 MOWRY AVE STE 103 FREMONT CA 94538 N/A PC General & Unrestricted 1000 PALACE OF FINE ARTS LEAGUE INC 3301 LYON ST SAN FRANCISCO CA 94123 N/A PC General & Unrestricted 1000 PAWS FOR PURPLE HEARTS 10201 OLD REDWOOD HWY PENNGROVE CA 94951 N/A PC General & Unrestricted 1000 PENINSULA HUMANE SOCIETY & SPCA 1450 ROLLINS RD BURLINGAME CA 94010 N/A PC General & Unrestricted 2000 PEOPLE FOR THE AMERICAN WAY FOUNDATION 1101 15TH ST NW STE 600 WASHINGTON DC 20005 N/A PC General & Unrestricted 1000 PERFORMING ANIMAL WELFARE SOCIETY PO BOX 849 GALT CA 95632 N/A PC General & Unrestricted 4000 PETS IN NEED 871 5TH AVE REDWOOD CITY CA 94063 N/A PC for hiring temporary workers to get through hiring challenge while short of staff 5000 PETS IN NEED 871 5TH AVE REDWOOD CITY CA 94063 N/A PC General & Unrestricted 1000 PHYSICIANS FOR SOCIAL RESPONSIBILITY INC 1111 14TH ST NW STE 700 WASHINGTON DC 20005 N/A PC General & Unrestricted 1000 POPULATION CONNECTION 2120 L ST NW STE 500 WASHINGTON DC 20037 N/A PC General & Unrestricted 1000 PROSTATE CANCER RESEARCH INSTITUTE 300 CORPORATE POINTE STE 383 CULVER CITY CA 90230 N/A PC General & Unrestricted 1000 SAN FRANCISCO BAY BIRD OBSERVATORY 524 VALLEY WAY MILPITAS CA 95035 N/A PC General & Unrestricted 1000 SECOND HARVEST OF SILICON VALLEY 4001 N 1ST ST SAN JOSE CA 95134 N/A PC General & Unrestricted 5000 SIERRA CLUB FOUNDATION 2101 WEBSTER ST STE 1250 OAKLAND CA 94612 N/A PC General & Unrestricted 5000 SILICON VALLEY JEWISH FILM FESTIVAL PO BOX 2190 CUPERTINO CA 95015 N/A PC General & Unrestricted 1000 SOLAR COOKERS INTERNATIONAL 2400 22ND ST STE 210 SACRAMENTO CA 95818 N/A PC General & Unrestricted 2000 TAWONGA JEWISH COMMUNITY CORPORATION 131 STEUART ST STE 460 SAN FRANCISCO CA 94105 N/A PC General & Unrestricted 2000 THE CENTER FOR INVESTIGATIVE REPORTING INC 1400 65TH ST STE 200 EMERYVILLE CA 94608 N/A PC General & Unrestricted 1000 THE DIAN FOSSEY GORILLA FUND INTERNATIONAL 800 CHEROKEE AVE SE ATLANTA GA 30315 N/A PC General & Unrestricted 1000 THE ELEPHANT SANCTUARY IN TENNESSEE PO BOX 393 HOHENWALD TN 38462 N/A PC General & Unrestricted 5000 THE MANKIND PROJECT PO BOX 383 KAYSVILLE UT 84037 N/A PC MKP USA Marketing - Program OnBoarding and development with focus on cultural training and racial justice 5000 THE TECH INTERACTIVE 201 S MARKET ST SAN JOSE CA 95113 N/A PC General & Unrestricted 1000 THEATREWORKS SILICON VALLEY 350 TWIN DOLPHIN DR STE 127 REDWOOD CITY CA 94065 N/A PC General & Unrestricted 1000 UTILITY REFORM NETWORK 785 MARKET ST SUITE 1400 SAN FRANCISCO CA 94103 N/A PC General & Unrestricted 1000 WILDERNESS SOCIETY 1801 PENNSYLVANIA AVE NW STE 200 WASHINGTON DC 20006 N/A PC General & Unrestricted 2000 WILDLIFE CONSERVATION NETWORK INC 209 MISSISSIPPI ST SAN FRANCISCO CA 94107 N/A PC General & Unrestricted 4000 YOUNG MENS CHRISTIAN ASSOCIATION SILICON VALLEY 80 SARATOGA AVE SANTA CLARA CA 95051 N/A PC General & Unrestricted 500 YOUTHLINC 1166 E BRICKYARD RD SALT LAKE CTY UT 84106 N/A PC General & Unrestricted 1000 207800 14 355 14 218326 525990 -591 18 265510 K-1 Inc/Loss 525990 -124868 14 -3747 Federal Tax Refund 01 2073 CLASS ACTION LAWSUIT PROCEEDS 01 48 -125459 482565 357106 false false false false false false false false false false X X 1 Estate of Michael Korek - Brian Kor 132 Hamilton Court Los Altos CA 94022 10256 X part I line 6A (990-PF) Part I line 6a (990-PF) RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $265,510 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $(591) TOTAL PART I, LINE 6A: $264,919 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $1,442,217 BOOK BASIS: $1,209,257 NET GAIN/(LOSS): $232,960 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $32,550 LEHMAN BRTHRS HLDGS - 0.000% - MARSHFIELD CLINIC HLTH SYS INC 15085 12395 OCCIDENTAL COLLEGE - 3.015% - 30010 22359 PREMIER HEALTH PARTNERS SER 20 31251 26391 TEMECULA CALIF REDEV AGY REF B 9783 9474 3M CO 2592 1559 ACCENTURE PLC 2669 2668 ADOBE SYSTEMS, INC 6482 4375 AGNICO EAGLE MINES LTD 62544 60776 ALPHABET INC CL A 8647 7235 AMAZON COM 6761 3696 AMERICAN TOWER REIT INC 6430 5297 AMGEN INC 19835 21274 ANALOG DEVICES INC 2897 3117 APPLE INC 3043 3118 ATLASSIAN CORP CL A 2600 1802 AUTODESK, INC 4436 2990 BARRICK GOLD CORPORATION 41336 39136 BAXTER INTERNATIONAL INC 10213 9226 BECTON DICKINSON & CO 2351 2543 BERKSHIRE HATHAWAY INC. CLASS 155066 189665 BIO RAD LABS INC CL A 4346 2943 BIOGEN INC 1974 1938 BLOCK INC 4271 1634 C H ROBINSON WORLDWIDE INC 3304 3021 CADENCE DESIGN SYSTEMS INC 2952 3855 CHIPOTLE MEX GRILL 2722 2775 CISCO SYSTEMS INC 32595 36778 CITIGROUP INC 99847 84671 COGNIZANT TECHNOLOGY SOLUTIONS 2911 2288 COLGATE-PALMOLIVE COMPANY 21405 20643 COMCAST CORP 39336 34620 CONAGRA FOODS INC 21075 21749 CORTEVA INC 31192 39324 CVS CAREMARK CORP 28107 29914 DANAHER CORP 5560 5308 DOLLAR GENERAL CORP 22109 25856 DOMINION ENERGY INC 36549 31702 DOUBLELINE CORE FIXED INCOME I 176664 149155 DOUBLELINE TOTAL RETURN BOND 602914 494829 DU PONT DE NEMOURS 64734 56757 DYNATRACE 3867 2949 ECOLAB INC 2896 2038 EDWARDS LIFESCIENCES 3991 3059 ENPHASE ENERGY ORD SHS 1123 1855 EQUITY COMMONWEALTH 45823 39752 FAIRFAX FINL HLDGS LTD 78922 122389 FEDEX CORPORATION 88576 72571 FIRST EAGLE GLOBAL FUND CLASS 659643 681941 FORTIVE CORPORATION 3133 2827 GEN DYNAMICS CP 2091 2729 GENERAL MOTORS 94315 90391 GLOBAL PAYMENTS INC 33852 17977 GQG PARTNERS EMERGING MARKETS 509815 471065 GRAINGER W W INC 21588 26144 GRIFFIN INSTITUTIONAL ACCESS R 398139 422518 GROUPE DANONE ADS 75793 63272 HOME DEPOT INC 5888 6633 IDEXX CORP 4432 3264 INGREDION INC 30365 38584 INT'L FLAVORS & FRAGRANCES INC 3629 2726 INTUIT 5148 3892 JOHNSON & JOHNSON 83618 116589 JONES LANG LASALLE 9066 10040 JP MORGAN CHASE 70346 87567 LENNAR CORP 83290 96021 LIBERTY GLOBAL PLC - SERIES C 115064 90039 LIBERTY LATIN AMERICA (FORMERL 5946 1733 LOEWS CORP 54039 60197 LORD ABBETT HIGH YIELD FD CL I 424170 414129 LOWES COMPANIES INC 23477 24108 LUMEN TECHNOLOGIES INC 73468 29916 MAGNA INTERNATIONAL INC 79938 91405 MARSH AND MCLENNAN COMPANIES I 20304 24326 MARVELL TECHNOLOGY, INC 3927 3000 MEDTRONIC PLC 69670 49741 MERCK & CO INC 41124 57472 MICROCHIP TECHNOLOGY INC 28119 27538 MICROSOFT CORP 67677 78661 MONDELEZ INTERNATIONAL INC 22274 24727 MONOLITHIC POWER SYSTEMS, INC 2973 3182 MSCI INC 3293 3256 NIKE INC-CL B 24780 25274 NOVO NORDISK A S 2502 3790 NVIDIA CORP 4282 3800 ORACLE CORP 5091 5231 PEPSICO INC 1184 1445 PERRIGO CO PLC 20415 16227 PIONEER ILS INTERVAL FUND 375394 357498 POWER CORPORATION OF CANADA 60944 73649 PROCTER GAMBLE CO 1778 1970 QUEST DIAGNOSTICS 14333 17052 RAYTHEON TECHNOLOGIES CORP 3567 4138 RECKITT BENCKISER GROUP 2799 2254 ROCHE HOLDING LTD ADR 2996 2701 ROSS STORES, INC 22782 23446 SERVICE NOW 3851 3106 SPDR BARCLAYS CAPITAL 1-3 MONT 133767 133821 SPROTT PHYSICAL GOLD TRUST 242361 297848 STARBUCKS CORP COM 17905 21824 STATE STREET CORPORATION 25608 23426 STONE RIDGE REINSURANCE RISK P 2430 2074 SYSCO CORP 29381 27675 THE BLACKSTONE GROUP INC CL A 3193 1929 THE COCA-COLA CO 19991 23281 THE JM SMUCKER COMPANY 22931 27414 THERMO FISHER SCIENTIFIC INC 26114 29187 THOR INDS INC 33176 31706 TJX COMPANIES INC 9329 16477 TRAVELERS COMPANIES INC 24340 39373 UNILEVER PLC AMER 64195 57651 UNITED PARCEL SERVICE 27249 24164 UNITEDHEALTH GROUP INC 22510 27039 US BANCORP 31891 22590 VERISK ANALYTICS, INC 4454 4234 VERIZON COMMUNICATIONS 45195 34357 VISA INC 8052 8103 VODAFONE GROUP PLC 148075 62906 WAL-MART STORES INC 2372 2410 WALT DISNEY HOLDINGS CO 22983 21025 WEST PHARMA SVCS INC 2778 1883 25010 24992 703329 641731 BGV IV, LP 122789 159896 BGV OPPORTUNITY FUND, L.P 188447 246863 PARTNERS GROUP PRIVATE EQUITY 440025 566443 REDWOOD-KAIROS REAL ESTATE VAL 135303 311571 REDWOOD-KAIROS REAL ESTATE VAL 238937 349989 Administrative Fees 47030 47030 Bank Charges 1154 1154 K-1 Exp BGV IV, LP 5465 5465 K-1 Exp BGV OPPORTUNITY FUND, 4595 4595 K-1 Exp REDWOOD-KAIROS REAL ES 275 42 K-1 Exp REDWOOD-KAIROS REAL ES 1 State or Local Filing Fees 200 200 K-1 Inc/Loss BGV IV, LP 106 106 K-1 Inc/Loss BGV OPPORTUNITY FUND, L.P 2720 2720 K-1 Inc/Loss REDWOOD-KAIROS REAL ESTATE VALUE FUN -22091 -3513 K-1 Inc/Loss REDWOOD-KAIROS REAL ESTATE VALUE FUN -109350 -3060 Class Action Lawsuit Proceeds 48 48 Federal Tax Refund 2073 Investment Management Services 51502 51502 ADVERTISING SERVICES - DCA 135000 135000 990-PF Estimated Tax for 2022 3700 990-PF Extension for 2021 7100 Foreign Tax Paid 3813 3813