GILBERT AND JACKI CISNEROS FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- GILBERT AND JACKI CISNEROS FOUNDATION (EIN 27-3411484)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-14
- IRS object ID
- 202533189349102428
- Schema version
- 2024v5.2
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Reasonable Cause Explanation
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-14T10:54:40-06:00 | 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 | 273411484 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Gilbert and Jacki Cisneros Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | GILB | 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 | Jack Cisneros | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2025-11-11 | 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 | $20,217,804 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $57,670 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $57,670 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $421,243 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $421,243 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,083,866 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $22,069,335 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,083,866 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $815 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $815 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,563,594 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,563,594 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $42,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $42,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $4,033 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $4,033 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $259,848 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $130,455 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $129,393 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $28,412 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $112 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $659 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $64,638 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $8,451 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $56,187 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $399,590 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $139,018 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $231,613 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $380,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $380,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $779,590 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $139,018 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $611,613 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,784,004 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,424,576 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $558,897 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,063,408 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,063,408 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $3,708,385 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $12,550,414 | CorporateStockBOYAmt |
| Corporate Stock EOY | $12,381,855 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $13,957,275 | CorporateStockEOYFMVAmt |
| Corporate Bonds EOY | $3,702,983 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,739,941 | CorporateBondsEOYFMVAmt |
| Other Investments EOY | $1,454,113 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,455,869 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $14,228 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $12,917 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $1,970 | LandBOYAmt |
| Land EOY | $1,311 | LandEOYAmt |
| Land EOYFMV | $1,311 | LandEOYFMVAmt |
| Total Assets BOY | $16,819,666 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,603,670 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $20,217,804 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $16,819,666 | RetainedEarningBOYAmt |
| Retained Earning EOY | $18,603,670 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,819,666 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,603,670 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,819,666 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,603,670 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,819,666 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,784,004 | ExcessRevenueOverExpensesAmt |
| Subtotal | $18,603,670 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $18,603,670 | 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 | $22,069,335 | GrossSalesPriceAmt |
| Cost Or Other Basis | $19,985,469 | CostOrOtherBasisAmt |
| Gain Or Loss | $2,083,866 | GainOrLossAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,083,866 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $33,702 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $33,702 | SubtotalAmt |
| Tax Based On Investment Income | $33,702 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $27,879 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $6,500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $34,379 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $677 | OverpaymentAmt |
| Applied To ES Tax | $677 | AppliedToESTaxAmt |
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 | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| 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 | 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 |
|---|---|---|---|---|---|---|---|---|
| Jacki Marie Wells Cisneros | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 20.0 | $30,000 | $0 | $0 |
| Lara Jaramillo Savage | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Sec, Treas | 5.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Stacy Miller Public Affairs Inc | |||||
| 1237 S Victoria Avenue Suite 501 | Oxnard | CA | 930351292 | PR SVCS/WEBSITE DVLP | $129,393 |
| The Cotto Wealth Management Group | |||||
| 2000 WESTCHESTER AVE 1 NC | PURCHASE | NY | 10577 | Investment Mgmt | $130,455 |
| 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 | $16,629,728 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,448,767 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,288,420 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $19,366,915 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $19,366,915 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $290,504 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $19,076,411 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $953,821 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $953,821 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $33,702 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $33,702 | TotalTaxAmt |
| Distributable Before Adj | $920,119 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $920,119 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $920,119 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $611,613 | 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 | $611,613 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $920,119 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $611,104 | UndistributedIncomePYAmt |
| Qualifying Distributions | $611,613 | QualifyingDistributionsAmt |
| Applied To Year1 | $611,104 | AppliedToYear1Amt |
| Applied To Current Year | $509 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $919,610 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Jacki Marie Wells Cisneros | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALTAMED HEALTH SERVICES CORP | |||||||
| 2040 CAMFIELD AVE | COMMERCE | CA | 90040 | N/A | PC | 2024 Nurse Apprentice Program | $15,000 |
| BE A LEADER FOUNDATION | |||||||
| 1717 W NORTHERN AVE STE 116 | PHOENIX | AZ | 85021 | N/A | PC | General & Unrestricted | $15,000 |
| EXCELENCIA IN EDUCATION INC | |||||||
| 1156 15TH ST NW STE 1001 | WASHINGTON | DC | 20005 | N/A | PC | Seal of Excelencia Program | $100,000 |
| EXCELENCIA IN EDUCATION INC | |||||||
| 1156 15TH ST NW STE 1001 | WASHINGTON | DC | 20005 | N/A | PC | Charitable Event | $15,000 |
| GEORGE WASHINGTON UNIVERSITY | |||||||
| PO BOX 98131 | WASHINGTON | DC | 20090 | N/A | PC | Buff & Blue Fund, Men's Basketball Allocation | $20,000 |
| GEORGE WASHINGTON UNIVERSITY | |||||||
| PO BOX 98131 | WASHINGTON | DC | 20090 | N/A | PC | Restoration of the statue of George Washington in University Yard | $10,000 |
| GEORGE WASHINGTON UNIVERSITY | |||||||
| PO BOX 98131 | WASHINGTON | DC | 20090 | N/A | PC | Cisneros Hispanic Leadership Institute | $50,000 |
| HISPANIC SCHOLARSHIP FUND | |||||||
| 100 N PACIFIC COAST HWY STE 1900 | EL SEGUNDO | CA | 90245 | N/A | PC | Frank Terrazas Scholarship Endowment Fund | $50,000 |
| LANDON SCHOOL CORPORATION | |||||||
| 6101 WILSON LN | BETHESDA | MD | 20817 | N/A | PC | Landon Fund | $10,000 |
| TELACU EDUCATION FOUNDATION | |||||||
| 5400 E OLYMPIC BLVD STE 300 | LOS ANGELES | CA | 90022 | N/A | SO I | Charitable Event | $10,000 |
| UNIVERSITY OF SOUTHERN CALIFORNIA | |||||||
| 1150 S OLIVE ST 25TH FL | LOS ANGELES | CA | 90015 | N/A | PC | Charitable Event | $50,000 |
| UNIVERSITY OF SOUTHERN CALIFORNIA | |||||||
| 1150 S OLIVE ST 25TH FL | LOS ANGELES | CA | 90015 | N/A | PC | Washington D.C. Maymester Program | $35,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $380,000 | 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 | $57,670 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $421,243 | 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 | $2,083,866 | 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 | CLASS ACTION LAWSUIT PROCEEDS | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $815 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,563,594 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,563,594 | 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 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| WEBSITE | 2012-03-06 | $4,350 | $4,350 | SL | 3 | |
| ORG COST | 2011-02-14 | $9,878 | $7,908 | SL | 15 | $659 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (42 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AIR PRODUCTS - 4.850% - 02/08/ | $87,657 | $86,954 |
| ALLY FINANCIAL INC - 2.200% - | $87,800 | $91,641 |
| AMERICAN HONDA FINANCE CORP - | $87,842 | $89,293 |
| ANHEUSER-BUSCH - 4.900% - 01/2 | $87,550 | $86,937 |
| AON CORP / AON GLOBAL HOLDINGS | $88,558 | $90,797 |
| AT&T INC - 4.350% - 03/01/2029 | $88,214 | $89,076 |
| AUTOZONE INC NOTE - 1.650% - 0 | $87,967 | $90,539 |
| BAT CAPITAL CORP NOTE - 6.000% | $88,398 | $90,471 |
| CENTENE CORP - 3.375% - 02/15/ | $88,374 | $89,000 |
| CITIGROUP INC - 2.572% - 06/03 | $87,710 | $89,807 |
| COMCAST CORP - 5.500% - 11/15/ | $86,580 | $86,017 |
| CSX CORP NOTE - 4.100% - 11/15 | $87,201 | $87,060 |
| DELL INTL LLC/EMC CORP NOTE - | $87,125 | $87,009 |
| DTE ENERGY CO - 4.875% - 06/01 | $87,723 | $88,753 |
| ENTERPRISE PRODS OPER LLC NOTE | $88,083 | $89,334 |
| EXPEDIA GROUP INC SER B NOTE C | $87,832 | $90,337 |
| FISERV INC - 5.650% - 08/21/20 | $87,839 | $88,562 |
| FOX CORP SER B - 4.709% - 01/2 | $88,188 | $88,956 |
| GENERAL DYNAMICS CORP NOTE - 3 | $93,482 | $94,171 |
| GENERAL MOTORS FINANCIAL CO IN | $87,399 | $87,105 |
| GEORGIA PWR CO - 4.650% - 05/1 | $86,736 | $87,621 |
| HCA INC - 3.625% - 03/15/2032 | $103,637 | $104,008 |
| KINDER MORGAN INC - 5.000% - 0 | $88,475 | $88,717 |
| KLA CORP NOTE - 4.700% - 02/01 | $87,933 | $87,373 |
| LOWES COS INC NOTE - 5.000% - | $85,979 | $85,685 |
| LYB INTERNATIONAL FIN III LLC | $87,078 | $88,779 |
| MARRIOTT INTERNATIONAL INC-MD | $87,626 | $88,337 |
| MARSH &MCLENNAN COS INC NOTE - | $88,180 | $89,762 |
| NEWMONT CORP - 2.600% - 07/15/ | $88,111 | $90,021 |
| NORTHROP GRUMMAN CORP - 4.900% | $87,745 | $87,814 |
| ORACLE CORP - 2.300% - 03/25/2 | $87,120 | $89,673 |
| RAYTHEON TECHNOLOGIES CORP - 2 | $87,278 | $88,884 |
| REALTY INCOME COPR - 5.125% - | $87,516 | $88,205 |
| REPUBLIC SERVICES INC SR NOTE | $87,532 | $87,549 |
| SIMON PROPERTY GROUP LP NOTE - | $88,247 | $91,019 |
| SPRINT CAPITAL CORP - 6.875% - | $86,215 | $86,023 |
| TARGET CORP - 4.400% - 01/15/2 | $88,044 | $87,268 |
| THERMO FISHER - 5.000% - 01/31 | $87,655 | $87,727 |
| TOYOTA MOTOR CREDIT CORP - 5.5 | $86,640 | $86,567 |
| UNION PAC CORP - 4.500% - 01/2 | $88,092 | $87,503 |
| WELLS FARGO &CO SER Q MTN - 2. | $88,410 | $90,840 |
| WELLTOWER INC NOTE - 3.850% - | $87,212 | $88,747 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (119 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC | $175,802 | $178,944 |
| ADOBE SYSTEMS, INC | $155,545 | $125,400 |
| ADVANCED MICRO DEVICES INC | $127,510 | $105,208 |
| ALPHABET INC CL A | $466,315 | $624,311 |
| AMAZON COM | $459,663 | $569,974 |
| AMERICAN ELECTRIC POWER INC | $63,066 | $66,037 |
| AMGEN INC | $73,398 | $68,809 |
| ANALOG DEVICES INC | $114,051 | $104,743 |
| APPLE INC | $526,485 | $721,960 |
| ARES MANAGEMENT CORPORATION | $82,712 | $99,491 |
| ASTRAZENECA | $46,885 | $44,947 |
| AT&T, INC | $42,112 | $42,466 |
| ATLASSIAN CORP CL A | $48,639 | $58,168 |
| BANK NEW YORK MELLON CORP COM | $42,251 | $42,257 |
| BANK OF AMERICA CORP | $106,621 | $137,607 |
| BECTON DICKINSON & CO | $88,488 | $84,623 |
| BERKSHIRE HATHAWAY INC. CLASS | $169,570 | $198,990 |
| BLACKROCK INC | $267,406 | $334,186 |
| BLOCK INC | $127,842 | $143,888 |
| BOOKING HOLDINGS INC | $26,121 | $36,816 |
| BROADCOM INC | $195,844 | $261,052 |
| CADENCE DESIGN SYSTEMS INC | $65,369 | $80,523 |
| CHARLES SCHWAB CORP | $38,423 | $41,594 |
| CHENIERE ENERGY INC | $28,957 | $36,313 |
| CHEVRON CORP | $164,220 | $153,820 |
| CHEWY INC | $32,672 | $43,437 |
| CHUBB LIMITED | $103,013 | $108,033 |
| CITIGROUP INC | $51,672 | $62,506 |
| CME GROUP, INC | $53,918 | $57,129 |
| COLGATE-PALMOLIVE COMPANY | $102,459 | $107,819 |
| COMCAST CORP | $31,113 | $27,622 |
| CONSTELLATION BRANDS INC | $46,143 | $41,769 |
| CONSTELLATION ENERGY GROUP INC | $33,817 | $35,794 |
| CRH PLC - AMERICAN DEPOSITARY | $37,531 | $44,502 |
| CROWN CASTLE INTL | $79,114 | $66,618 |
| CUMMINS INC | $31,654 | $39,740 |
| DELL TECHNOLOGIES INC CLASS C | $69,294 | $76,865 |
| DEXCOM, INC | $64,240 | $46,195 |
| DOORDASH ORD SHS CLASS A | $73,038 | $84,714 |
| EATON CORP PLC | $126,425 | $132,085 |
| ECOLAB INC | $33,169 | $34,914 |
| ELECTRONIC ARTS | $45,152 | $47,986 |
| ELEVANCE HEALTH INC | $43,080 | $31,757 |
| ELI LILLY & CO | $175,521 | $193,000 |
| EMBRAER EMPRESA BR | $32,728 | $42,439 |
| EMERSON ELECTRIC CO | $49,621 | $60,121 |
| EXXON MOBIL CORP | $192,024 | $196,208 |
| FIRST SOLAR INC | $39,429 | $34,367 |
| FISERV, INC | $98,345 | $98,807 |
| FOMENTO ECONOMICO MEXICANO | $42,006 | $29,665 |
| FREEPORT-MCMORAN COPPER & GOLD | $68,713 | $58,072 |
| GE VERNOVA | $42,531 | $53,287 |
| GEN DYNAMICS CP | $117,187 | $103,552 |
| GOLDMAN SACHS GROUP | $109,378 | $145,445 |
| HOME DEPOT INC | $189,844 | $196,829 |
| HONEYWELL INTL | $170,207 | $194,040 |
| IDEXX CORP | $83,022 | $79,380 |
| INTERNATIONAL BUSINESS MACHINE | $43,737 | $55,837 |
| ISHARES MSCI CHINA INDEX FUND | $33,664 | $39,925 |
| ISHARES MSCI INDIA ETF | $66,472 | $66,537 |
| ISHARES MSCI-JAPAN | $89,874 | $91,390 |
| ISHARES MSCI-SOUTH KOREA | $51,441 | $40,559 |
| JOHNSON & JOHNSON | $238,885 | $215,050 |
| JOHNSON CONTROLS INTERNATIONAL | $42,133 | $43,333 |
| JP MORGAN CHASE | $355,373 | $455,928 |
| KNIGHT SWIFT TRANSPORTATION HO | $49,262 | $48,479 |
| L3HARRIS TECHNOLOGIES | $65,239 | $64,346 |
| LOWES COMPANIES INC | $42,767 | $46,645 |
| M&T BANK CORP | $55,906 | $60,915 |
| MCDONALD'S CORP | $95,570 | $100,302 |
| MERCADOLIBRE, INC | $39,880 | $39,000 |
| MERCK & CO INC | $129,553 | $111,020 |
| META PLATFORMS INC | $167,063 | $222,494 |
| MICROSOFT CORP | $698,907 | $719,921 |
| MONSTER BEVERAGE CORP | $47,094 | $46,621 |
| MSCI INC | $57,997 | $61,801 |
| NETFLIX INC | $120,537 | $180,047 |
| NEXTERA ENERGY, INC | $97,700 | $120,869 |
| NORTHROP GRUMMAN CORP | $54,549 | $55,376 |
| NOVO NORDISK A S | $52,801 | $35,870 |
| NVIDIA CORP | $459,474 | $727,985 |
| PACCAR INC | $87,033 | $81,344 |
| PALO ALTO NETWORKS INC | $46,630 | $63,686 |
| PAYPAL HOLDINGS, INC | $29,684 | $41,736 |
| PINTEREST INC | $37,571 | $40,687 |
| PROCTER GAMBLE CO | $172,701 | $179,888 |
| PROLOGIS | $178,908 | $146,712 |
| S&P GLOBAL INC COM | $30,849 | $35,579 |
| SALESFORCE.COM | $94,508 | $154,460 |
| SAP AKTIENGESELL ADS | $37,000 | $48,750 |
| SCHLUMBERGER LTD | $47,307 | $37,382 |
| SEMPRA ENERGY COM | $62,296 | $73,685 |
| SHERWIN-WILLIAMS CO | $126,599 | $133,932 |
| SHOPIFY INC | $47,596 | $71,241 |
| SONY GROUP CORP | $28,566 | $35,231 |
| SPDR BARCLAYS CAPITAL 1-3 MONT | $83,315 | $83,110 |
| SPOTIFY TECHNOLOGY SA | $78,045 | $115,871 |
| STARBUCKS CORP COM | $105,698 | $104,755 |
| T-MOBILE US INC | $113,802 | $149,993 |
| TAIWAN SEMICONDUCTOR MFG CO LT | $38,561 | $59,050 |
| TERADYNE INC | $39,457 | $42,435 |
| TESLA MOTORS INC | $57,210 | $119,537 |
| THE BLACKSTONE GROUP INC CL A | $37,347 | $46,209 |
| THERMO FISHER SCIENTIFIC INC | $100,291 | $94,162 |
| TPG INC CL A | $25,608 | $31,797 |
| TRANE TECHNOLOGIES PLC | $50,372 | $45,061 |
| TRANSDIGM GRP INC | $140,926 | $140,668 |
| TRUIST FINANCIAL CORPORATION | $32,685 | $33,056 |
| TWILIO INC | $64,932 | $79,655 |
| UBER | $155,260 | $133,270 |
| UBS AG | $43,328 | $46,086 |
| UNITEDHEALTH GROUP INC | $172,550 | $167,946 |
| US BANCORP | $54,258 | $52,326 |
| VALERO ENERGY CORP | $47,406 | $43,029 |
| VISA INC | $247,737 | $272,427 |
| WAL-MART STORES INC | $37,648 | $57,824 |
| WALT DISNEY HOLDINGS CO | $154,506 | $159,008 |
| WASTE CONNECTIONS | $38,085 | $38,434 |
| WORKDAY INC | $108,347 | $110,179 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| APOLLO DEBT BDC CLASS S | $554,113 | $563,400 |
| NORTH HAVEN PRIVATE INCOME FUN | $900,000 | $892,469 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | EOYFMVEOYFMVAmt | Book ValueBookValueAmt |
|---|---|---|---|---|
| WEBSITE | $4,350 | $4,350 | $0 | |
| ORG COST | $9,878 | $8,567 | $1,311 | $1,311 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Document Review/Drafting | CategoryTxt |
| Legal Fees | $4,033 | LegalFeesAmt |
| Disbursements Charitable Prps | $4,033 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $44,150 | $44,150 | |
| Bank Charges | $8,451 | $8,451 | |
| Indemnification Insurance | $2,150 | $2,150 | |
| Social Media/Advertising Expen | $9,287 | $9,287 | |
| State or Local Filing Fees | $100 | $100 | |
| Website Hosting/Support | $500 | $500 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Class Action Lawsuit Proceeds | Desc |
| Revenue And Expenses Per Books | $815 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $815 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $130,455 | $130,455 | |
| PUBLIC RELATIONS EXPENSE | $51,265 | $51,265 | |
| Website Development | $78,128 | $78,128 |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | We respectfully request that The Gilbert and Jackie Cisneros Foundation's quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $69 penalty indicated on Form 2220 be abated because the underpayments in Q's 2, 3, and 4 were due to reasonable cause. Treasury Regulations Sec 301.6651-1(c)(1) defines reasonable by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to calculate its quarterly estimates for tax period ending December 31, 2024. The firm was unable to reconcile the Foundation's accounts fully in order to calculate the necessary estimated tax payments for Q's 2, 3, and 4 based on the annualization method. The underpayment was no fault of the foundation's and the firm is enhancing its procedures to improve its reconciliation process for future quarters. We believe that the underpayment was due to reasonable cause and in no way due to an intentional disregard for the rules, and respectfully request that no 2220 penalty be assessed. | ExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2024 | $27,800 | |
| 990-PF Extension for 2023 | $500 | |
| Foreign Tax Paid | $112 | $112 |