2025-11-14T10:54:40-06:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-01 273411484 The Gilbert and Jacki Cisneros Foundation % Foundation Source GILB 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Jack Cisneros President 8008391754 2025-11-11 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X 20217804 X 0 X 57670 57670 421243 421243 2083866 22069335 2083866 815 815 2563594 2563594 42000 42000 4033 0 0 4033 259848 130455 129393 28412 112 659 64638 8451 56187 399590 139018 0 231613 380000 380000 779590 139018 0 611613 1784004 2424576 0 558897 1063408 1063408 3708385 12550414 12381855 13957275 3702983 3739941 1454113 1455869 14228 12917 1970 1311 1311 16819666 18603670 20217804 0 0 X 16819666 18603670 16819666 18603670 16819666 18603670 16819666 1784004 18603670 18603670 Publicly-traded Securities 22069335 19985469 2083866 2083866 33702 33702 33702 27879 0 6500 34379 X 0 677 677 false false false false false false false true true CA DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false true false false false false false false false false false false false false false false false false false Jacki Marie Wells Cisneros Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres 20.0 30000 0 0 Lara Jaramillo Savage Foundation Source 501 Silverside Rd Wilmington DE 198091377 Sec, Treas 5.0 0 0 0 Stacy Miller Public Affairs Inc 1237 S Victoria Avenue Suite 501 Oxnard CA 930351292 PR SVCS/WEBSITE DVLP 129393 The Cotto Wealth Management Group 2000 WESTCHESTER AVE 1 NC PURCHASE NY 10577 Investment Mgmt 130455 16629728 1448767 1288420 19366915 0 19366915 290504 19076411 953821 953821 33702 33702 920119 920119 920119 611613 0 0 0 0 611613 920119 611104 611613 611104 509 0 0 919610 0 0 Jacki Marie Wells Cisneros X ALTAMED HEALTH SERVICES CORP 2040 CAMFIELD AVE COMMERCE CA 90040 N/A PC 2024 Nurse Apprentice Program 15000 BE A LEADER FOUNDATION 1717 W NORTHERN AVE STE 116 PHOENIX AZ 85021 N/A PC General & Unrestricted 15000 EXCELENCIA IN EDUCATION INC 1156 15TH ST NW STE 1001 WASHINGTON DC 20005 N/A PC Seal of Excelencia Program 100000 EXCELENCIA IN EDUCATION INC 1156 15TH ST NW STE 1001 WASHINGTON DC 20005 N/A PC Charitable Event 15000 GEORGE WASHINGTON UNIVERSITY PO BOX 98131 WASHINGTON DC 20090 N/A PC Buff & Blue Fund, Men's Basketball Allocation 20000 GEORGE WASHINGTON UNIVERSITY PO BOX 98131 WASHINGTON DC 20090 N/A PC Restoration of the statue of George Washington in University Yard 10000 GEORGE WASHINGTON UNIVERSITY PO BOX 98131 WASHINGTON DC 20090 N/A PC Cisneros Hispanic Leadership Institute 50000 HISPANIC SCHOLARSHIP FUND 100 N PACIFIC COAST HWY STE 1900 EL SEGUNDO CA 90245 N/A PC Frank Terrazas Scholarship Endowment Fund 50000 LANDON SCHOOL CORPORATION 6101 WILSON LN BETHESDA MD 20817 N/A PC Landon Fund 10000 TELACU EDUCATION FOUNDATION 5400 E OLYMPIC BLVD STE 300 LOS ANGELES CA 90022 N/A SO I Charitable Event 10000 UNIVERSITY OF SOUTHERN CALIFORNIA 1150 S OLIVE ST 25TH FL LOS ANGELES CA 90015 N/A PC Charitable Event 50000 UNIVERSITY OF SOUTHERN CALIFORNIA 1150 S OLIVE ST 25TH FL LOS ANGELES CA 90015 N/A PC Washington D.C. Maymester Program 35000 380000 14 57670 14 421243 18 2083866 CLASS ACTION LAWSUIT PROCEEDS 01 815 2563594 2563594 false false false false false false false false false false WEBSITE 2012-03-06 4350 4350 SL 3 ORG COST 2011-02-14 9878 7908 SL 15 659 AIR PRODUCTS - 4.850% - 02/08/ 87657 86954 ALLY FINANCIAL INC - 2.200% - 87800 91641 AMERICAN HONDA FINANCE CORP - 87842 89293 ANHEUSER-BUSCH - 4.900% - 01/2 87550 86937 AON CORP / AON GLOBAL HOLDINGS 88558 90797 AT&T INC - 4.350% - 03/01/2029 88214 89076 AUTOZONE INC NOTE - 1.650% - 0 87967 90539 BAT CAPITAL CORP NOTE - 6.000% 88398 90471 CENTENE CORP - 3.375% - 02/15/ 88374 89000 CITIGROUP INC - 2.572% - 06/03 87710 89807 COMCAST CORP - 5.500% - 11/15/ 86580 86017 CSX CORP NOTE - 4.100% - 11/15 87201 87060 DELL INTL LLC/EMC CORP NOTE - 87125 87009 DTE ENERGY CO - 4.875% - 06/01 87723 88753 ENTERPRISE PRODS OPER LLC NOTE 88083 89334 EXPEDIA GROUP INC SER B NOTE C 87832 90337 FISERV INC - 5.650% - 08/21/20 87839 88562 FOX CORP SER B - 4.709% - 01/2 88188 88956 GENERAL DYNAMICS CORP NOTE - 3 93482 94171 GENERAL MOTORS FINANCIAL CO IN 87399 87105 GEORGIA PWR CO - 4.650% - 05/1 86736 87621 HCA INC - 3.625% - 03/15/2032 103637 104008 KINDER MORGAN INC - 5.000% - 0 88475 88717 KLA CORP NOTE - 4.700% - 02/01 87933 87373 LOWES COS INC NOTE - 5.000% - 85979 85685 LYB INTERNATIONAL FIN III LLC 87078 88779 MARRIOTT INTERNATIONAL INC-MD 87626 88337 MARSH &MCLENNAN COS INC NOTE - 88180 89762 NEWMONT CORP - 2.600% - 07/15/ 88111 90021 NORTHROP GRUMMAN CORP - 4.900% 87745 87814 ORACLE CORP - 2.300% - 03/25/2 87120 89673 RAYTHEON TECHNOLOGIES CORP - 2 87278 88884 REALTY INCOME COPR - 5.125% - 87516 88205 REPUBLIC SERVICES INC SR NOTE 87532 87549 SIMON PROPERTY GROUP LP NOTE - 88247 91019 SPRINT CAPITAL CORP - 6.875% - 86215 86023 TARGET CORP - 4.400% - 01/15/2 88044 87268 THERMO FISHER - 5.000% - 01/31 87655 87727 TOYOTA MOTOR CREDIT CORP - 5.5 86640 86567 UNION PAC CORP - 4.500% - 01/2 88092 87503 WELLS FARGO &CO SER Q MTN - 2. 88410 90840 WELLTOWER INC NOTE - 3.850% - 87212 88747 ABBVIE INC 175802 178944 ADOBE SYSTEMS, INC 155545 125400 ADVANCED MICRO DEVICES INC 127510 105208 ALPHABET INC CL A 466315 624311 AMAZON COM 459663 569974 AMERICAN ELECTRIC POWER INC 63066 66037 AMGEN INC 73398 68809 ANALOG DEVICES INC 114051 104743 APPLE INC 526485 721960 ARES MANAGEMENT CORPORATION 82712 99491 ASTRAZENECA 46885 44947 AT&T, INC 42112 42466 ATLASSIAN CORP CL A 48639 58168 BANK NEW YORK MELLON CORP COM 42251 42257 BANK OF AMERICA CORP 106621 137607 BECTON DICKINSON & CO 88488 84623 BERKSHIRE HATHAWAY INC. CLASS 169570 198990 BLACKROCK INC 267406 334186 BLOCK INC 127842 143888 BOOKING HOLDINGS INC 26121 36816 BROADCOM INC 195844 261052 CADENCE DESIGN SYSTEMS INC 65369 80523 CHARLES SCHWAB CORP 38423 41594 CHENIERE ENERGY INC 28957 36313 CHEVRON CORP 164220 153820 CHEWY INC 32672 43437 CHUBB LIMITED 103013 108033 CITIGROUP INC 51672 62506 CME GROUP, INC 53918 57129 COLGATE-PALMOLIVE COMPANY 102459 107819 COMCAST CORP 31113 27622 CONSTELLATION BRANDS INC 46143 41769 CONSTELLATION ENERGY GROUP INC 33817 35794 CRH PLC - AMERICAN DEPOSITARY 37531 44502 CROWN CASTLE INTL 79114 66618 CUMMINS INC 31654 39740 DELL TECHNOLOGIES INC CLASS C 69294 76865 DEXCOM, INC 64240 46195 DOORDASH ORD SHS CLASS A 73038 84714 EATON CORP PLC 126425 132085 ECOLAB INC 33169 34914 ELECTRONIC ARTS 45152 47986 ELEVANCE HEALTH INC 43080 31757 ELI LILLY & CO 175521 193000 EMBRAER EMPRESA BR 32728 42439 EMERSON ELECTRIC CO 49621 60121 EXXON MOBIL CORP 192024 196208 FIRST SOLAR INC 39429 34367 FISERV, INC 98345 98807 FOMENTO ECONOMICO MEXICANO 42006 29665 FREEPORT-MCMORAN COPPER & GOLD 68713 58072 GE VERNOVA 42531 53287 GEN DYNAMICS CP 117187 103552 GOLDMAN SACHS GROUP 109378 145445 HOME DEPOT INC 189844 196829 HONEYWELL INTL 170207 194040 IDEXX CORP 83022 79380 INTERNATIONAL BUSINESS MACHINE 43737 55837 ISHARES MSCI CHINA INDEX FUND 33664 39925 ISHARES MSCI INDIA ETF 66472 66537 ISHARES MSCI-JAPAN 89874 91390 ISHARES MSCI-SOUTH KOREA 51441 40559 JOHNSON & JOHNSON 238885 215050 JOHNSON CONTROLS INTERNATIONAL 42133 43333 JP MORGAN CHASE 355373 455928 KNIGHT SWIFT TRANSPORTATION HO 49262 48479 L3HARRIS TECHNOLOGIES 65239 64346 LOWES COMPANIES INC 42767 46645 M&T BANK CORP 55906 60915 MCDONALD'S CORP 95570 100302 MERCADOLIBRE, INC 39880 39000 MERCK & CO INC 129553 111020 META PLATFORMS INC 167063 222494 MICROSOFT CORP 698907 719921 MONSTER BEVERAGE CORP 47094 46621 MSCI INC 57997 61801 NETFLIX INC 120537 180047 NEXTERA ENERGY, INC 97700 120869 NORTHROP GRUMMAN CORP 54549 55376 NOVO NORDISK A S 52801 35870 NVIDIA CORP 459474 727985 PACCAR INC 87033 81344 PALO ALTO NETWORKS INC 46630 63686 PAYPAL HOLDINGS, INC 29684 41736 PINTEREST INC 37571 40687 PROCTER GAMBLE CO 172701 179888 PROLOGIS 178908 146712 S&P GLOBAL INC COM 30849 35579 SALESFORCE.COM 94508 154460 SAP AKTIENGESELL ADS 37000 48750 SCHLUMBERGER LTD 47307 37382 SEMPRA ENERGY COM 62296 73685 SHERWIN-WILLIAMS CO 126599 133932 SHOPIFY INC 47596 71241 SONY GROUP CORP 28566 35231 SPDR BARCLAYS CAPITAL 1-3 MONT 83315 83110 SPOTIFY TECHNOLOGY SA 78045 115871 STARBUCKS CORP COM 105698 104755 T-MOBILE US INC 113802 149993 TAIWAN SEMICONDUCTOR MFG CO LT 38561 59050 TERADYNE INC 39457 42435 TESLA MOTORS INC 57210 119537 THE BLACKSTONE GROUP INC CL A 37347 46209 THERMO FISHER SCIENTIFIC INC 100291 94162 TPG INC CL A 25608 31797 TRANE TECHNOLOGIES PLC 50372 45061 TRANSDIGM GRP INC 140926 140668 TRUIST FINANCIAL CORPORATION 32685 33056 TWILIO INC 64932 79655 UBER 155260 133270 UBS AG 43328 46086 UNITEDHEALTH GROUP INC 172550 167946 US BANCORP 54258 52326 VALERO ENERGY CORP 47406 43029 VISA INC 247737 272427 WAL-MART STORES INC 37648 57824 WALT DISNEY HOLDINGS CO 154506 159008 WASTE CONNECTIONS 38085 38434 WORKDAY INC 108347 110179 APOLLO DEBT BDC CLASS S 554113 563400 NORTH HAVEN PRIVATE INCOME FUN 900000 892469 WEBSITE 4350 4350 0 ORG COST 9878 8567 1311 1311 Document Review/Drafting 4033 4033 Administrative Fees 44150 44150 Bank Charges 8451 8451 Indemnification Insurance 2150 2150 Social Media/Advertising Expen 9287 9287 State or Local Filing Fees 100 100 Website Hosting/Support 500 500 Class Action Lawsuit Proceeds 815 815 Investment Management Services 130455 130455 PUBLIC RELATIONS EXPENSE 51265 51265 Website Development 78128 78128 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. 990-PF Estimated Tax for 2024 27800 990-PF Extension for 2023 500 Foreign Tax Paid 112 112