LEBAREDIAN FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- LEBAREDIAN FAMILY FOUNDATION (EIN 88-3750259)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-09
- IRS object ID
- 202531299349102513
- 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
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-09T14:49:30-05:00 | 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 | 883750259 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Rev and Rachel Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | LEBA | 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 | rachel saenz lebaredian | PersonNm |
| Person Title | secretary | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2025-04-29 | 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 | $133,561 | 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 | $293,080 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $82 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $82 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,574 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,574 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $20,990 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $493,930 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $289,223 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $315,726 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $290,879 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $2,456 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,506 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $950 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,433 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $33 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $11,209 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $11,204 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $15,098 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,544 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $12,154 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $245,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $245,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $260,098 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,544 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $257,154 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $55,628 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $289,335 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $4,319 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $15,827 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $15,827 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $70,502 | CorporateStockBOYAmt |
| Corporate Stock EOY | $114,622 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $117,734 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $74,821 | TotalAssetsBOYAmt |
| Total Assets EOY | $130,449 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $133,561 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $74,821 | RetainedEarningBOYAmt |
| Retained Earning EOY | $130,449 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $74,821 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $130,449 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $74,821 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $130,449 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $74,821 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $55,628 | ExcessRevenueOverExpensesAmt |
| Subtotal | $130,449 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $130,449 | 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 | $493,930 | GrossSalesPriceAmt |
| Cost Or Other Basis | $204,707 | CostOrOtherBasisAmt |
| Gain Or Loss | $289,223 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $289,223 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $289,223 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,022 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,022 | SubtotalAmt |
| Tax Based On Investment Income | $4,022 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,424 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $1,424 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $2,598 | 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 | Yes (true) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (true) | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| Rachel S Lebaredian | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec, Treas | 1.0 | $0 | $0 | $0 |
| Rev Lebaredian | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 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 | $84,197 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,725 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $91,922 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $91,922 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,379 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $90,543 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,527 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,527 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,022 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,022 | TotalTaxAmt |
| Distributable Before Adj | $505 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $505 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $505 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $257,154 | 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 | $257,154 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $505 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr1 | $64,954 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $64,954 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $257,154 | QualifyingDistributionsAmt |
| Applied To Current Year | $505 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $256,649 | RemainingDistriFromCorpusAmt |
| Total Corpus | $321,603 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $321,603 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $64,954 | ExcessFromYear1Amt |
| Excess From Current Year | $256,649 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Rachel S Lebaredian | ContributingManagerNm |
| Contributing Manager | Rev Lebaredian | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FRIENDS OF TEACH FOR ARMENIA INCORPORATED | |||||||||||
| 101 GROVERTON PL | LOS ANGELES | CA | 90077 | N/A | PC | General & Unrestricted | $20,000 | ||||
| STROBIA FOUNDATION | |||||||||||
| 15559 UNION AVE 227 | LOS GATOS | CA | 95032 | N/A | PC | General & Unrestricted | $20,000 | ||||
| THE ARMENIAN SOCIETY OF FELLOWS | |||||||||||
| PO BOX 60923 | PASADENA | CA | 91116 | N/A | PC | Designated for Yerevan | $20,000 | ||||
| THE LIBARIDIAN FAMILY CHARITABLE FOUNDATION | |||||||||||
| N/A | PC | General & Unrestricted | $85,000 | MOLDOVAKAN ST BLDG N 27 APT 412 | YEREVAN | NOR NORK | AM | ||||
| TUMO FOUNDATION | |||||||||||
| 5423 WILLOW WOOD LN | DALLAS | TX | 75252 | N/A | PC | General & Unrestricted | $100,000 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $245,000 | 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 | $82 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,574 | 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 | $20,990 | 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 | $22,646 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $22,646 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| Arakelians Marine | |||||||
| 1 | 3810 Madera Way | San Bruno | CA | 94066 | $5,000 | Yes (X) | |
| Lebaredian Rev | |||||||
| 2 | 19530 Aeronaut Way | Los Gatos | CA | 95033 | $288,080 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 2 | NVIDIA CORP NVDA, 100 sh. | $87,781 | 2024-04-08 |
| 2 | NVIDIA CORP NVDA, 1550 sh. | $200,299 | 2024-12-17 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (168 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 3M CO | $90 | $129 |
| ABBVIE INC | $529 | $533 |
| ACADIA PHARMACEUTICALS INC | $226 | $257 |
| ACCENTURE PLC | $303 | $352 |
| ADOBE SYSTEMS, INC | $1,016 | $889 |
| ADVANCE AUTO PARTS INC | $417 | $284 |
| ALCON INC | $339 | $340 |
| ALGONQUIN POWER & UTILITY CORP | $58 | $49 |
| ALKERMES | $462 | $518 |
| ALPHABET INC CL A | $2,443 | $2,840 |
| AMAZON COM | $2,616 | $2,852 |
| AMERICAN EAGLES OUTFITTERS INC | $234 | $183 |
| AMERICAN EXPRESS CO | $1,212 | $1,484 |
| ANHEUSER BUSCH COS INC | $122 | $100 |
| APPLE INC | $2,834 | $3,255 |
| APPLIED MATERIALS INC | $1,541 | $1,301 |
| ARM HOLDING PLS SPON ADS | $378 | $370 |
| ASANA INC | $394 | $507 |
| ASBURY AUTOMOTIVE GR | $1,140 | $1,215 |
| ASGN INC | $725 | $667 |
| ASML HOLDING NV NY REG SHS | $710 | $693 |
| ASTRAZENECA | $418 | $393 |
| AVIENT | $1,136 | $1,103 |
| AVNET INC | $949 | $994 |
| BANK OF MONTREAL | $193 | $194 |
| BARCLAYS PLC ADR | $461 | $518 |
| BARRICK GOLD CORPORATION | $174 | $155 |
| BERKSHIRE HATHAWAY INC. CLASS | $1,220 | $1,360 |
| BEYOND MEAT INC | $397 | $229 |
| BGC GROUP INC CLASS A | $650 | $716 |
| BHP BILLITON LIMITED | $395 | $391 |
| BOEING CO | $641 | $708 |
| BOX INC | $369 | $442 |
| BP PLC SPONSORED ADR | $145 | $118 |
| BRADY CP CL A | $327 | $369 |
| BRISTOL-MYERS SQUIBB CO | $701 | $735 |
| BRITISH AMERICAN TOBACCO PLC | $181 | $182 |
| BROADCOM INC | $1,277 | $2,087 |
| CAMECO CORPORATION | $52 | $51 |
| CAN IMPERIAL BK OF COMMERCE | $125 | $126 |
| CANADIAN NATL RAILWAY CO | $228 | $203 |
| CANADIAN NATURAL RESOURCES LTD | $71 | $62 |
| CANADIAN PACIFIC RAILWAY LTD | $145 | $145 |
| CAPRI HOLDINGS LTD.SHS | $277 | $168 |
| CATERPILLAR INC | $1,479 | $1,451 |
| CELESTICA INC. SV | $246 | $277 |
| CGI INC | $104 | $109 |
| CISCO SYSTEMS INC | $564 | $710 |
| COMPASS INC | $153 | $146 |
| CONCENTRIX CORP | $275 | $216 |
| CONSTELLATION ENERGY GROUP INC | $1,026 | $895 |
| COSTCO WHOLESALE CORPORATION | $957 | $916 |
| CRANE NXT ORD SHS | $529 | $524 |
| DIAGEO PLC ADS | $126 | $127 |
| EATON CORP PLC | $1,346 | $1,327 |
| ELI LILLY & CO | $905 | $772 |
| ENBRIDGE INC | $123 | $127 |
| ENSTAR GROUP INC | $1,291 | $1,288 |
| ENVISTA HOLDINGS | $591 | $598 |
| EQUINOR ASA | $136 | $118 |
| ERICSSON L M TEL CO | $100 | $137 |
| EXPRO GROUP HOLDINGS ORD SHS | $88 | $62 |
| EXTREME NETWORKS, INC | $177 | $234 |
| EXXON MOBIL CORP | $1,607 | $1,614 |
| FERRARI NV | $428 | $425 |
| FIRST TRUST STRAT H/I FUND | $880 | $987 |
| FLUTTER ENTERTAINMENT ORD SHS | $265 | $258 |
| FRANKLIN ELECTRIC CO., INC | $1,382 | $1,364 |
| FULLER H B CO | $814 | $742 |
| GATES INDUSTRIAL CORPORATION P | $777 | $802 |
| GENERAL ELECTRIC CO | $1,045 | $1,001 |
| GILEAD SCIENCES INC | $883 | $924 |
| GMS INC | $444 | $424 |
| GROUP 1 AUTOMOTIVE INC | $1,135 | $1,264 |
| GSK PLC | $110 | $101 |
| HAEMONETICS CP | $821 | $781 |
| HIMS & HERS HEALTH, INC | $84 | $97 |
| HOME DEPOT INC | $674 | $778 |
| HONDA MOTOR CO LTD | $165 | $143 |
| HSBC HOLDINGS PLC | $244 | $297 |
| IAC INTERACTIVE CORP | $800 | $777 |
| INTER PARFUMS INC | $774 | $789 |
| INTUIT | $615 | $629 |
| ITRON INC | $853 | $869 |
| JOHNSON & JOHNSON | $1,450 | $1,446 |
| JP MORGAN CHASE | $2,106 | $2,397 |
| KLA TENCOR CORP | $782 | $630 |
| LIVANOVA PLC | $426 | $370 |
| LOWES COMPANIES INC | $1,734 | $1,728 |
| MAGNOLIA OIL + GAS CORPORATION | $2,007 | $1,941 |
| MANPOWER GROUP INC | $355 | $289 |
| MANULIFE FIN CORP | $243 | $246 |
| MARVELL TECHNOLOGY, INC | $555 | $663 |
| MASTERCARD INC | $1,588 | $1,580 |
| MERCK & CO INC | $1,159 | $995 |
| META PLATFORMS INC | $1,597 | $1,757 |
| MICRON TECHNOLOGY | $662 | $589 |
| MICROSOFT CORP | $3,385 | $3,372 |
| MITSUBISHI UFJ FINANCIAL GROUP | $190 | $223 |
| MYRIAD GENETICS, INC | $272 | $206 |
| NATIONAL GRID TRANSCO PLC | $117 | $119 |
| NETFLIX INC | $911 | $891 |
| NEXGEN ENERGY LTD | $83 | $79 |
| NIKE INC-CL B | $93 | $76 |
| NOBEL BIOCARE HLDG | $223 | $242 |
| NOVARTIS AG ADR | $189 | $195 |
| NOVO NORDISK A S | $677 | $602 |
| ONE GAS INC | $452 | $485 |
| ORACLE CORP | $1,188 | $1,166 |
| PALANTIR TECHNOLOGIES INC | $590 | $756 |
| PATTERSON COMPANIES INC COM | $383 | $463 |
| PATTERSON-UTI ENERGY INC | $20 | $17 |
| PEPSICO INC | $828 | $760 |
| PERRIGO CO PLC | $731 | $668 |
| PIPER JAFFRAY COS COM | $230 | $300 |
| PORTLAND GEN ELEC | $529 | $523 |
| PROG HOLDINGS INC | $550 | $634 |
| QUALCOMM INC | $1,442 | $1,383 |
| QUIDELORTHO CORPORATION COM | $433 | $446 |
| REDFIN CORP | $77 | $55 |
| RELX PLC | $259 | $273 |
| RESIDEO TECHNOLOGIESINC COM | $593 | $599 |
| RINGCENTRAL INC | $174 | $210 |
| RIO TINTO PLC SPONSORED ADR | $279 | $235 |
| ROYAL BANK OF CANADA | $202 | $241 |
| ROYAL DUTCH SHELL CL A (OLD) | $214 | $188 |
| RUSH ENTERPRISES, INC | $658 | $712 |
| SALESFORCE.COM | $1,030 | $1,003 |
| SANOFI-AVENTIS SPONSORED ADR | $93 | $96 |
| SAP AKTIENGESELL ADS | $373 | $492 |
| SEA LTD | $223 | $212 |
| SHERWIN-WILLIAMS CO | $1,708 | $1,700 |
| SHOPIFY INC | $517 | $532 |
| SIGMA LITHIUM CORP | $92 | $79 |
| SIGNET GROUP PLC SPONS ADR NAS | $469 | $404 |
| SONY GROUP CORP | $147 | $190 |
| STELLANTIS ORD SHS | $261 | $209 |
| STMICROELECTRONICS | $174 | $125 |
| SUMITOMO MITSUI FINCL GRP | $309 | $319 |
| SUNCOR ENERGY INC | $148 | $143 |
| TELADOC INC | $108 | $73 |
| TEREX CORP | $482 | $462 |
| TESLA MOTORS INC | $1,354 | $2,019 |
| TEXAS INSTRUMENTS INC | $792 | $750 |
| TG THERAPEUTICS INC | $483 | $452 |
| THOMSON REUTERS CORPORATION | $168 | $160 |
| TIDEWATER INC | $552 | $492 |
| TORONTO DOMINION | $105 | $106 |
| TOTALENERGIES SE | $145 | $109 |
| TOYOTA MTR CORP | $635 | $584 |
| UBER | $697 | $664 |
| UBS AG | $280 | $303 |
| UNDER ARMOUR INC CL A | $200 | $248 |
| UNILEVER PLC AMER | $115 | $113 |
| UNITED PARCEL SERVICE | $433 | $378 |
| UNITEDHEALTH GROUP INC | $497 | $506 |
| URBAN OUTFITTERS, INC | $532 | $604 |
| VANGUARD GOVT BOND ETF INTERME | $3,633 | $3,655 |
| VANGUARD INTERMEDIATE TERM COR | $4,843 | $4,897 |
| VANGUARD SHOR-TERM GOV BOND | $1,216 | $1,222 |
| VANGUARD SHORT TERM CORPORATE | $2,471 | $2,496 |
| VERIZON COMMUNICATIONS | $451 | $440 |
| VERMILION ENERGY | $83 | $75 |
| VISA INC | $1,445 | $1,580 |
| WAL-MART STORES INC | $1,406 | $1,717 |
| WELLS FARGO & CO | $838 | $983 |
| WESTERN UNION CO | $874 | $742 |
| ZILLOW GROUP, INC (CL A) | $267 | $283 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | 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, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $245,000. This amount represents 25% or more of the Foundation's net assets of $80,343 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. 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. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $11,179 | $11,179 | |
| Bank Charges | $5 | $5 | |
| State or Local Filing Fees | $25 | $25 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $1,506 | $1,506 | |
| Philanthropic Consulting Srvcs | $950 | $950 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2024 | $1,400 | |
| Foreign Tax Paid | $33 | $33 |
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