2021-09-28T15:44:43-05:00 2020-12-10 FOUNDATION SOURCE ONE HOLLOW LN STE 212 LAKE SUCCESS NY 11042 990PF 2020-01-01 264308908 The Million Children Foundation % Foundation Source MILL 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 FERNANDO CISNEROS PRESIDENT 8008391754 2021-09-24 true FERNANDO CISNEROS 999009999 Jeffrey D Haskell P01345770 8008391754 2020 2022-09-23 18:48:47Z X X 0 X 0 X 441 441 -677 56218 0 -236 441 0 30 8185 120 8065 8215 120 8065 67309 67309 75524 120 75374 -75760 321 2412 283913 286325 0 0 0 0 X 286325 286325 0 286325 0 286325 -75760 210565 210565 Publicly-traded Securities 56218 56895 -677 -677 -677 4 4 4 0 10 10 6 0 6 false false false false false false true true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Ana Maria Bitar Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, VP 1.0 0 0 0 Fernando Cisneros Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Sec, Pres 1.0 0 0 0 43696 5569 0 49265 0 49265 739 48526 2287 2287 4 4 2283 2283 2283 75374 0 0 0 0 75374 0 75374 2283 2018 2017 2016 108378 25819 157566 8952 300715 75374 2283 73091 373806 0 108378 265428 25819 157566 8952 73091 Ana Maria Bitar Fernando Cisneros X HANDS FOR EDUCATION INC 331 BEECHWOOD DR KEY BISCAYNE FL 33149 N/A PC General & Unrestricted (see In-Kind Grant statement) 67309 67309 14 441 18 -677 -236 -236 false false false false false false false false false false In-Kind Grant Part I Line 25 and Part XV Line 3a DISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING FMV OF SECURITIES: AVERAGE OF HIGH/LOW ON DATE GRANTED TO CHARITY METHOD OF DETERMINING BOOK VALUE OF SECURITIES: COST OF AVERAGE OF HIGH/LOW ON DATE CONTRIBUTED TO FOUNDATION TOTAL FAIR MARKET VALUE OF PROPERTY: $16,453 TOTAL BOOK VALUE OF PROPERTY: $227,018 TOTAL CASH PORTION OF GRANTS: $50,856 TOTAL AMOUNT OF GRANTS: $67,309 FORM 990-PF, PART III, LINE 3 - OTHER DECREASES: $(210,565) DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: ALTERNET SYSTEMS INC UNITS: 1,645,349 DATE OF DISTRIBUTION: 11/16/2020 GRANT RECIPIENT: HANDS FOR EDUCATION INC FMV OF PROPERTY: $16,453 BOOK VALUE OF PROPERTY: $227,018 CASH PORTION OF GRANT: $50,856 TOTAL AMOUNT OF GRANT: $67,309 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 10, 2020, the Foundation made distributions from assets from sources other than current income in complete liquidation. The Foundation filed the attached Certificate of Dissolution with the Secretary of State of Delaware on December 10, 2020. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. A final distribution of the Foundation's expected tax refund of $6 will be made as a grant to a 501(c)(3) public charity per IRS regulations. GRANT OF PUBLICLY-TRADED SECURITIES 210565 Administrative Fees 8040 8040 Bank Charges 120 120 State or Local Filing Fees 25 25 990-PF Excise Tax for 2019 30