LODESTAR PHILANTHROPIC FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- LODESTAR PHILANTHROPIC FOUNDATION (EIN 20-4480084)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-03
- IRS object ID
- 202243079349100039
- Schema version
- 2021v4.2
- 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
- General Explanation Attachment
- Investments Corp Stock Schedule
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-03T20:57:13-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | 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 | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 204480084 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Lodestar Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | LODE | BusinessNameControlTxt |
| Phone | 6029562699 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4455 East Camelback Road | AddressLine1Txt |
| City | Phoenix | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LOIS SAVAGE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2022-10-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LOIS | PersonFirstNm |
| Person Last | SAVAGE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $651,536 | 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 | $1,561,086 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $248 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $248 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $764 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $764 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$205,149 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $846,026 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $623,214 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $54 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $54 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,357,003 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $624,280 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $34,055 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $34,055 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $15 | InterestRevAndExpnssAmt |
| Taxes Rev And Expnss | $5,211 | TaxesRevAndExpnssAmt |
| Occupancy Rev And Expnss | $7 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $7 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $11,220 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $11,220 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $1,672 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $1,672 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $23,986 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $23,986 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $76,166 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $70,940 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $822,809 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $822,809 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $898,975 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $893,749 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $458,028 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $624,280 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $79,021 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $67,138 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $67,138 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $112,552 | CorporateStockBOYAmt |
| Corporate Stock EOY | $582,463 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $584,398 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $191,573 | TotalAssetsBOYAmt |
| Total Assets EOY | $649,601 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $651,536 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $191,573 | RetainedEarningBOYAmt |
| Retained Earning EOY | $649,601 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $191,573 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $649,601 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $191,573 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $649,601 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $191,573 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $458,028 | ExcessRevenueOverExpensesAmt |
| Subtotal | $649,601 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $649,601 | 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 | $846,026 | GrossSalesPriceAmt |
| Cost Or Other Basis | $222,812 | CostOrOtherBasisAmt |
| Gain Or Loss | $623,214 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $623,214 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $623,214 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $8,677 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $8,677 | SubtotalAmt |
| Tax Based On Investment Income | $8,677 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,100 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $3,300 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $7,400 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $1,277 | 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 | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | AZ | 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 |
| Website Address | N/A | WebsiteAddressTxt |
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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| 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 | $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 | $388,497 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $118,662 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $507,159 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $507,159 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,607 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $499,552 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $24,978 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $24,978 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,677 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,677 | TotalTaxAmt |
| Distributable Before Adj | $16,301 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $16,301 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $16,301 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $893,749 | 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 | $893,749 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $16,301 | DistributableAsAdjustedAmt |
| Prior Year1 | 2019 | PriorYear1Yr |
| Prior Year2 | 2018 | PriorYear2Yr |
| Prior Year3 | 2017 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $792,874 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,067,081 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $929,068 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,085,977 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,011,961 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,886,961 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $893,749 | QualifyingDistributionsAmt |
| Applied To Current Year | $16,301 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $877,448 | RemainingDistriFromCorpusAmt |
| Total Corpus | $5,764,409 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $1,561,086 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov To Next Yr | $4,203,323 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $298,869 | ExcessFromYear4Amt |
| Excess From Year3 | $929,068 | ExcessFromYear3Amt |
| Excess From Year2 | $1,085,977 | ExcessFromYear2Amt |
| Excess From Year1 | $1,011,961 | ExcessFromYear1Amt |
| Excess From Current Year | $877,448 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | I Jerome Hirsch | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (49 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALLIANCE OF ARIZONA NONPROFITS | |||||||
| 333 E OSBORN RD STE 245 | PHOENIX | AZ | 85012 | N/A | PC | Arizona Grantmakers Forum and the Alliance of Arizona Nonprofits | $14,750 |
| ARIZONA ANTI-TRAFFICKING NETWORK | |||||||
| PO BOX 1125 | MESA | AZ | 85211 | N/A | PC | Exploration of merger between Arizona Grantmakers Forum and the Alliance of Arizona Nonprofits (Support for cost of Phase II consultant) | $2,500 |
| ARIZONA COMMUNITY FOUNDATION - SOCIAL VENTURE PART | |||||||
| 2201 E CAMELBACK RD STE 405B | PHOENIX | AZ | 85016 | N/A | PC | General & Unrestricted | $5,500 |
| 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 2021 Gold 'n Gavel | $10,000 |
| BALBOA PARK CONSERVANCY | |||||||
| 1549 EL PRADO STE 1 | SAN DIEGO | CA | 92101 | N/A | PC | Balboa Park Conservancy and Friends of Balboa Park | $30,000 |
| BRIDGE ALLIANCE EDUCATION FUND | |||||||
| 214 S ALLEN ST | STATE COLLEGE | PA | 16801 | N/A | PC | General & Unrestricted | $5,000 |
| CITIZENS FOR RESPONSIBILITY AND ETHICS IN WASHINGT | |||||||
| 1331 F ST NW STE 900 | WASHINGTON | DC | 20004 | N/A | PC | General & Unrestricted | $25,000 |
| COMMUNITY FOUNDATION OF NORTHEAST IOWA | |||||||
| 3117 GREENHILL CIR | CEDAR FALLS | IA | 50613 | N/A | PC | Strategic Volunteer Engagement Initiative | $15,000 |
| GLOBAL IMPACT | |||||||
| 1199 NORTH FAIRFAX ST STE 300 | ALEXANDRIA | VA | 22314 | N/A | PC | Global Giving Circle Directory | $15,000 |
| NEW VENTURE FUND | |||||||
| PO BOX 37734 | BALTIMORE | MD | 21297 | N/A | PC | Infrastructure Research Collaborative Second Phase Fund | $25,000 |
| POLICY IMPACT | |||||||
| 1107 9TH ST STE 500 | SACRAMENTO | CA | 95814 | N/A | PC | General Operations grant to Policy Impact | $35,000 |
| POPULATION MEDIA CENTER INC | |||||||
| 30 KIMBALL AVE STE 302 | S BURLINGTON | VT | 05403 | N/A | PC | To fund Consultant Fee for exploration of global expansion | $10,000 |
| REPORTERS COMMITTEE FOR FREEDOM OF THE PRESS | |||||||
| 1156 15TH ST NW STE 1020 | WASHINGTON | DC | 20005 | N/A | PC | Free Expression Legal Network staff infrastructure Fund | $25,000 |
| SANDRA DAY OCONNOR INSTITUTE | |||||||
| PO BOX 66422 | PHOENIX | AZ | 85082 | N/A | PC | General & Unrestricted | $2,500 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | National Collaboration Work (2021 Q3) | $6,250 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger Implementation between I Have a Dream Foundation National Headquarters and New York Affiliate | $14,222 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger implementation between Vantage Group and Mosaic | $7,222 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger exploration between Acenda Integrated Health and Daytop New Jersey | $8,889 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger implementation between TheatreLAB and The Conciliation Project | $7,333 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | 2021 Operations Fund | $25,000 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | 2021 Operations Fund | $25,000 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger exploration between Association for Children with Down Syndrome and Community Mainstreaming Associates | $12,071 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | 2021 Operations Fund | $25,000 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | National Collaboration Work (Q4) | $6,250 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Implementation of Joint Venture among Low Income Investment Fund, Stewards of Affordable Housing for the Future, and National Affordable Housing Trust | $35,556 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger exploration by Child and Family Rhode Island and East Bay Community Action Program | $17,778 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger Implementation between Teen Services Sonoma and Boys & Girls Clubs of Sonoma Valley | $8,889 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger implementation between International Women's Health Coalition and International Planned Parenthood Federation's Western Hemisphere Region | $31,111 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger Implementation between I Have a Dream Foundation - National Headquarters and New York Affiliate | $6,933 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger Exploration between Second Nature and Crane Institute of Sustainability | $7,556 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | National Repositioning Fund | $20,000 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger exploration between Next Door and Penfield Children's Center | $17,778 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger exploration between The Coalition for Behavioral Health and the New York Association of Alcoholism and Substance Abuse Providers | $13,333 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger implementation between Center for Youth Wellness and Safe and Sound | $22,222 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger implementation between Connecticut CASA Association and CASA of Southern Connecticut | $9,111 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger Exploration between Second Nature and Crane Institute of Sustainability | $11,111 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger implementation between Water For People and IRC WASH | $40,000 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | 2021 Operations Fund | $25,000 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Collaborative exploration grant to the Samuel Waxman Cancer Research Foundation | $4,444 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | National Collaboration Work (2021 Q1 & Q2) | $12,500 |
| SOCIAL FINANCE INC | |||||||
| 2 ATLANTIC AVE 5TH FL | BOSTON | MA | 02110 | N/A | PC | Phase 1 - to fund LaPiana Associates consulting costs | $17,500 |
| STAND UP REPUBLIC FOUNDATION INC | |||||||
| 1140 3RD ST NE | WASHINGTON | DC | 20003 | N/A | PC | General & Unrestricted | $50,000 |
| TESSERACT RESEARCH CENTER INC | |||||||
| 1629 K ST NW STE 300 | WASHINGTON | DC | 20006 | N/A | PC | General & Unrestricted | $25,000 |
| THE NISKANEN CENTER INC | |||||||
| 820 1ST ST NE STE 675 | WASHINGTON | DC | 20002 | N/A | PC | General & Unrestricted | $50,000 |
| THE PHILANTHROPY WORKSHOP INC | |||||||
| 110 E 25TH ST | NEW YORK | NY | 10010 | N/A | PC | General & Unrestricted | $12,000 |
| THE SAN DIEGO FOUNDATION | |||||||
| 2508 HISTORIC DECATUR RD STE 200 | SAN DIEGO | CA | 92106 | N/A | PC | Merger exploration between The San Diego Foundation and The International Community Foundation | $12,500 |
| UMOM NEW DAY CENTERS INC | |||||||
| 3333 E VAN BUREN ST | PHOENIX | AZ | 85008 | N/A | PC | General & Unrestricted | $5,000 |
| VALLEYWISE HEALTH FOUNDATION | |||||||
| 2901 E CAMELBACK RD STE 202 | PHOENIX | AZ | 85016 | N/A | PC | General & Unrestricted | $5,000 |
| WIKIMEDIA FOUNDATION INC | |||||||
| PO BOX 98204 | WASHINGTON | DC | 20090 | N/A | PC | General & Unrestricted | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $822,809 | 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 | $248 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $764 | 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 | -$205,149 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FOREIGN CURRENCY GAIN | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $54 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | -$204,083 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$204,083 | 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 (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| Hirsch Investment Partners LLC | |||||||
| 1 | 4455 E CAMELBACK RD 215A | Phoenix | AZ | 85018 | $692,055 | Yes (X) | |
| Hirsch I Jerome | |||||||
| 2 | 4455 E Camelback Road 215A | Phoenix | AZ | 85018 | $829,031 | Yes (X) | |
| Milisci Abbie | |||||||
| 3 | 5401 E Lafayette Blvd | Phoenix | AZ | 85018 | $40,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (13 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | MEITUAN DIANPING MPNGF, 13000 sh. | $692,055 | 2021-02-03 |
| 2 | JP MORGAN CHASE JPM, 585 sh. | $99,002 | 2021-10-28 |
| 2 | WALT DISNEY HOLDINGS CO DIS, 407 sh. | $68,976 | 2021-10-28 |
| 2 | FREEPORT-MCMORAN COPPER & GOLD INC FCX, 1015 sh. | $38,255 | 2021-10-28 |
| 2 | INTUIT INTU, 100 sh. | $61,312 | 2021-10-28 |
| 2 | HANESBRANDS INC HBI, 2948 sh. | $50,249 | 2021-10-28 |
| 2 | STARWOOD PROPERTY TRUST INC STWD, 1939 sh. | $49,105 | 2021-10-28 |
| 2 | FORTINET INC FTNT, 196 sh. | $63,535 | 2021-10-28 |
| 2 | ALPHABET INC CL A GOOGL, 15 sh. | $43,768 | 2021-10-28 |
| 2 | SOLAREDGE TECHNOLOGIES INC SEDG, 240 sh. | $82,956 | 2021-10-28 |
| 2 | HOULIHAN LOKEY INC HLI, 959 sh. | $96,782 | 2021-10-28 |
| 2 | PIMCO RAE FUNDAMENTAL EMERGING MARKETS PEIFX, 8591 sh. | $99,742 | 2021-10-28 |
| 2 | FREEPORT-MCMORAN COPPER & GOLD INC FCX, 1980 sh. | $75,349 | 2021-12-13 |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Form 990-PF, Part XII, Line 7 | IdentifierTxt |
| Form And Line Reference | Election to Treat Unused Prior Year Corpus Distributions as Current Year C | FormAndLineReferenceDesc |
| Medium Explanation | 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 years' 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: 2016 $792,874 2017 $768,212 Total $1,561,086 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 $40,000 and publicly traded securities with a value of $1,521,086 on the dates received in the taxable year ending December 31, 2021 (the "Conduit Election Year"), for a total of $1,561,086. 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 2020. 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 2021. 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, 2022, 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, $1,561,086 As reported on Part XII, Line 7, the Foundation is treating $1,561,086, 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 $1,561,086 of its unused prior years' corpus distributions, as a current distribution out of corpus. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALPHABET INC CL A | $43,768 | $43,456 |
| FORTINET INC | $63,535 | $70,442 |
| FREEPORT-MCMORAN COPPER & GOLD | $113,604 | $124,981 |
| HANESBRANDS INC | $50,249 | $49,291 |
| HOULIHAN LOKEY INC | $75,589 | $77,536 |
| INTUIT | $30,656 | $32,161 |
| JP MORGAN CHASE | $46,540 | $43,546 |
| SOLAREDGE TECHNOLOGIES INC | $40,441 | $32,827 |
| STARWOOD PROPERTY TRUST INC | $49,105 | $47,118 |
| WALT DISNEY HOLDINGS CO | $68,976 | $63,040 |
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, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $822,809. This amount represents 25% or more of the Foundation's net assets of $196,634 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. 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 (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $10,800 | $10,800 |
| Computers/Electronic Devices | $2,611 | $2,611 |
| Foundation Dues & Memberships | $9,830 | $9,830 |
| CREDIT CARD ANNUAL FEE | $50 | $50 |
| Registered Agent Fee | $265 | $265 |
| State or Local Filing Fees | $10 | $10 |
| Website Hosting/Support | $420 | $420 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Foreign Currency Gain | Desc |
| Revenue And Expenses Per Books | $54 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $54 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Philanthropic Consulting Srvcs | $18,986 | $18,986 |
| Website Development | $15,069 | $15,069 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2021 | $4,100 |
| 990-PF Excise Tax for 2020 | $1 |
| 990-PF Extension for 2020 | $1,110 |
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