ANITA BHATIA FOUNDATION FOR TOMORROW INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ANITA BHATIA FOUNDATION FOR TOMORROW INC (EIN 20-5345499)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-14
- IRS object ID
- 202513189349102036
- 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
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-14T10:54:42-06:00 | 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 | 205345499 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Ramesh and Kalpana Bhatia Family | BusinessNameLine1Txt |
| Business Name Line2 | Foundation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | RAME | 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 | Anita Bhatia | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2025-11-04 | 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 | $7,964,259 | 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 | $17,239 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $17,239 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $248,444 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $248,445 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $522,105 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,688,308 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $592,330 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,140 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,140 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $788,928 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $859,154 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $114,146 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $114,146 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $172,409 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $172,409 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $103,998 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $103,998 | PensionEmplBnftDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $115,919 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $33,906 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $82,013 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $12,783 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $21,177 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $21,177 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $2,657 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $2,657 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $52,481 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $56 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $52,425 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $595,570 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $33,962 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $548,825 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,908,150 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,908,150 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,503,720 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $33,962 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,456,975 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,714,792 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $825,192 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $395,905 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $569,835 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $569,835 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $2,419 | AcctRcvblAmt |
| Acct Rcvbl EOY | $2,419 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $2,419 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $5,779,803 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,665,262 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,434,029 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,795,193 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,023,017 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,957,976 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $9,970,901 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,260,533 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,964,259 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $6,137 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $19,081 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $6,137 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $19,081 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $9,964,764 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,241,452 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,964,764 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,241,452 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,970,901 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,260,533 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,964,764 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,714,792 | ExcessRevenueOverExpensesAmt |
| Other Increases | -$8,520 | OtherIncreasesAmt |
| Subtotal | $7,241,452 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $7,241,452 | 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 | $4,688,308 | GrossSalesPriceAmt |
| Cost Or Other Basis | $4,095,978 | CostOrOtherBasisAmt |
| Gain Or Loss | $592,330 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $592,330 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $592,330 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,470 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $11,470 | SubtotalAmt |
| Tax Based On Investment Income | $11,470 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,868 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $1,900 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $11,768 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $298 | OverpaymentAmt |
| Applied To ES Tax | $298 | 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 | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| Anita Bhatia | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 20.0 | $80,000 | $13,518 | $0 |
| Niraj Bhatia | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 15.0 | $34,146 | $13,518 | $0 |
| Ramesh Bhatia | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 5.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Erin Kane | ||||||
| 507 Hill Street Apartment 4 | Santa Monica | CA | 90405 | 0 | 10.0 | $69,708 |
| Dan Burks | ||||||
| 1012 Michigan Avenue | Santa Monica | CA | 90404 | 0 | 10.0 | $55,000 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mandi Blue | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5841 Sunfield Avenue | AddressLine1Txt |
| City | Lakewood | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90712 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Philanthropic | ServiceTypeTxt |
| Compensation | $60,000 | CompensationAmt |
| 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 | $8,491,152 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $667,961 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,159,113 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,159,113 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $137,387 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $9,021,726 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $451,086 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $451,086 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,470 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,470 | TotalTaxAmt |
| Distributable Before Adj | $439,616 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $439,616 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $439,616 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,456,975 | 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 | $3,456,975 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $439,616 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $135,580 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $4,735,496 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,791,355 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,309,275 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $6,815,017 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $19,786,723 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,456,975 | QualifyingDistributionsAmt |
| Applied To Current Year | $439,616 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,017,359 | RemainingDistriFromCorpusAmt |
| Total Corpus | $22,804,082 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $135,580 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $22,668,502 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $4,735,496 | ExcessFromYear4Amt |
| Excess From Year3 | $4,791,355 | ExcessFromYear3Amt |
| Excess From Year2 | $3,309,275 | ExcessFromYear2Amt |
| Excess From Year1 | $6,815,017 | ExcessFromYear1Amt |
| Excess From Current Year | $3,017,359 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Niraj Bhatia | ContributingManagerNm |
| Contributing Manager | Ramesh Bhatia | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (52 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ABILITY CONNECTION TEXAS | |||||||
| 7880 BENT BRANCH DR STE 150 | IRVING | TX | 75063 | N/A | PC | Purchase of wheelchair van | $25,000 |
| ABILITY CONNECTION TEXAS | |||||||
| 7880 BENT BRANCH DR STE 150 | IRVING | TX | 75063 | N/A | PC | Gift for Anya's House - Patio Furniture | $1,500 |
| COMMUNITIES FOUNDATION OF TEXAS | |||||||
| 5500 CARUTH HAVEN LN | DALLAS | TX | 75225 | N/A | PC | North Texas Giving Day Sponsor | $150,000 |
| CORNERSTONE HOUSING FOR ADULTS WITH DISABILITIES | |||||||
| 13034 SATICOY ST | N HOLLYWOOD | CA | 91605 | N/A | PC | Landmark Naming Gift | $1,500,000 |
| CT3 FOUNDATION | |||||||
| 101 W MAIN ST STE 101 | NORFOLK | VA | 23510 | N/A | PC | Charitable Event | $3,000 |
| DALLAS INDIAN LIONS CLUB CHARITIES INC | |||||||
| 6220 CHASE OAKS BLVD STE | PLANO | TX | 75023 | N/A | PC | General & Unrestricted | $10,000 |
| DANCE DOWNTOWN LA INC | |||||||
| 8605 SANTA MONICA BLVD 18123 | LOS ANGELES | CA | 90069 | N/A | PC | Charitable Event | $3,000 |
| DORSEYS HOUSE DBA DORSEYS HOUSE ADULT DAY CENTER | |||||||
| 5415 E LANCASTER AVE | FORT WORTH | TX | 76112 | N/A | PC | General & Unrestricted | $5,000 |
| ED ASNER FAMILY CENTER | |||||||
| 16340 ROSCOE BLVD | VAN NUYS | CA | 91406 | N/A | PC | Charitable Event | $2,500 |
| EDWARD CHARLES FOUNDATION | |||||||
| 269 S BEVERLY DR STE 338 | BEVERLY HILLS | CA | 90212 | N/A | PC | Charitable Event | $10,000 |
| FREE 2 BE ME DANCE | |||||||
| 4140 GLENCOE AVE | MARINA DEL REY | CA | 90292 | N/A | PC | General & Unrestricted | $1,000 |
| FUREVER NEVADA FOUNDATION | |||||||
| 7380 S EASTERN AVE 124 BOX 255 | LAS VEGAS | NV | 89123 | N/A | PC | General & Unrestricted | $2,500 |
| GIRLS WHO CODE INC | |||||||
| PO BOX 23244 | NEW YORK | NY | 10087 | N/A | PC | General & Unrestricted | $1,000 |
| GOLD HOUSE FOUNDATION INC | |||||||
| 440 N BARRANCA AVE 5118 | COVINA | CA | 91723 | N/A | PC | Fiscal Sponsorship For 1497 Organization | $10,000 |
| GX3 FOUNDATION | |||||||
| 8992 PRESTON RD 110-113 | FRISCO | TX | 75034 | N/A | PC | Thanksgiving Program | $6,000 |
| JIVA MENTAL HEALTH | |||||||
| 3255 SAWTELLE BLVD APT 101 | LOS ANGELES | CA | 90066 | N/A | PC | Charitable Event | $5,000 |
| JOHN TRACY CLINIC | |||||||
| 2160 W ADAMS BLVD | LOS ANGELES | CA | 90018 | N/A | PC | General & Unrestricted | $1,000 |
| MARINE MAMMAL CARE CENTER LOS ANGELES | |||||||
| 3601 S GAFFEY ST 8 | SAN PEDRO | CA | 90731 | N/A | PC | General & Unrestricted | $1,000 |
| MH BOXES | |||||||
| 2719 GOYNE TER | CHESTER | VA | 23831 | N/A | PC | General & Unrestricted | $1,000 |
| MY POSSIBILITIES | |||||||
| 3601 MAPLESHADE LN | PLANO | TX | 75075 | N/A | PC | Employment Innovations School | $30,000 |
| MYCHALS LEARNING PLACE | |||||||
| 4901 W ROSECRANS AVE | HAWTHORNE | CA | 90250 | N/A | PC | For the purchase, renovation, and creation of Mychal's Caf | $25,000 |
| MYCHALS LEARNING PLACE | |||||||
| 4901 W ROSECRANS AVE | HAWTHORNE | CA | 90250 | N/A | PC | General & Unrestricted | $11,000 |
| NATIONAL TUBEROUS SCLEROSIS ASSOCIATION INC | |||||||
| 801 ROEDER RD STE 750 | SILVER SPRING | MD | 20910 | N/A | PC | Comedy For A Cure - Fund A Cure | $10,000 |
| NATIONAL TUBEROUS SCLEROSIS ASSOCIATION INC | |||||||
| 801 ROEDER RD STE 750 | SILVER SPRING | MD | 20910 | N/A | PC | Charitable Event | $25,000 |
| NATIONAL TUBEROUS SCLEROSIS ASSOCIATION INC | |||||||
| 801 ROEDER RD STE 750 | SILVER SPRING | MD | 20910 | N/A | PC | Charitable Event | $13,000 |
| NEXT FOR AUTISM INC | |||||||
| 1177 AVE OF THE AMERICAS 5TH FL | NEW YORK | NY | 10036 | N/A | PC | Charitable Event | $18,000 |
| NEXT FOR AUTISM INC | |||||||
| 1177 AVE OF THE AMERICAS 5TH FL | NEW YORK | NY | 10036 | N/A | PC | NEXT CONNECTS & DEI Expansion, NEXT COLLABORATES, and National Neurodiverse Hiring and Employment Survey; Reporting | $300,000 |
| NURTURING CHANGE | |||||||
| PO BOX 81026 | AUSTIN | TX | 78708 | N/A | PC | General & Unrestricted | $15,000 |
| OUR BIG KITCHEN LOS ANGELES | |||||||
| 8657 W PICO BLVD | LOS ANGELES | CA | 90035 | N/A | PC | General & Unrestricted | $1,000 |
| PATHFINDER INTERNATIONAL | |||||||
| 1015 15TH ST NW STE 1100 | WASHINGTON | DC | 20005 | N/A | PC | Promoting Choice In Bihar: Youth Voices for Agency and Access | $20,000 |
| SAAHAS FOR CAUSE | |||||||
| 13337 S ST | CERRITOS | CA | 90703 | N/A | PC | Charitable Event | $2,500 |
| SAFE PLACE FOR YOUTH INC | |||||||
| 578 WASHINGTON BLVD | MARINA DL REY | CA | 90292 | N/A | PC | General & Unrestricted | $1,000 |
| SAKHI FOR SOUTH ASIAN SURVIVORS INC | |||||||
| PO BOX 1333 | NEW YORK | NY | 10008 | N/A | PC | The Ramesh and Kalpana Bhatia Family Foundation's South Asian Safe Families Initiative | $300,000 |
| SANTA MONICA EDUCATION FOUNDATION | |||||||
| 1717 4TH ST STE 132 | SANTA MONICA | CA | 90401 | N/A | PC | January Match | $5,000 |
| SEVA DANCE COMPANY | |||||||
| 20909 W 96TH TER | LENEXA | KS | 66220 | N/A | PC | Charitable Event | $2,500 |
| SHOES THAT FIT | |||||||
| 150 W 1ST ST STE 170 | CLAREMONT | CA | 91711 | N/A | PC | General & Unrestricted | $2,000 |
| SKECHERS FOUNDATION | |||||||
| 228 MANHATTAN BEACH BLVD | MANHATTAN BEACH | CA | 90266 | N/A | PC | Charitable Event | $5,000 |
| SOCIAL GOOD FUND INC | |||||||
| PO BOX 5473 | RICHMOND | CA | 94805 | N/A | PC | Funds to be used for South Asian SOAR | $250,000 |
| SOLES4SOULS | |||||||
| 319 MARTINGALE DR | OLD HICKORY | TN | 37138 | N/A | PC | General & Unrestricted | $1,000 |
| SOWING SEEDS FOR LIFE | |||||||
| 1350 ARROW HWY | LA VERNE | CA | 91750 | N/A | PC | General & Unrestricted | $750 |
| STRAIGHT UP ABILITIES INC | |||||||
| 20 BROOKS AVE APT 105 | VENICE | CA | 90291 | N/A | PC | Charitable Event | $2,400 |
| STRAIGHT UP ABILITIES INC | |||||||
| 20 BROOKS AVE APT 105 | VENICE | CA | 90291 | N/A | PC | Website & Social Media Platforms | $8,500 |
| STRAIGHT UP ABILITIES INC | |||||||
| 20 BROOKS AVE APT 105 | VENICE | CA | 90291 | N/A | PC | General & Unrestricted | $1,000 |
| THE COLLEAGUES | |||||||
| 3312 PICO BLVD | SANTA MONICA | CA | 90405 | N/A | PC | Charitable Event | $17,000 |
| THE COLLEAGUES | |||||||
| 3312 PICO BLVD | SANTA MONICA | CA | 90405 | N/A | PC | Charitable Event | $2,000 |
| THE FRIENDSHIP FOUNDATION | |||||||
| 2108 VAIL AVE | REDONDO BEACH | CA | 90278 | N/A | PC | Summer Camp | $5,000 |
| THE LOS ANGELES DODGERS FOUNDATION | |||||||
| 1000 VIN SCULLY AVE | LOS ANGELES | CA | 90012 | N/A | PC | Charitable Event | $25,000 |
| TO BE LIKE ME | |||||||
| PO BOX 600101 | DALLAS | TX | 75360 | N/A | PC | General & Unrestricted | $11,000 |
| TOGETHER WE RISE CORPORATION | |||||||
| 560 W LAMBERT RD | BREA | CA | 92821 | N/A | PC | Foster Care Awareness Month Match | $10,000 |
| TOGETHER WE RISE CORPORATION | |||||||
| 560 W LAMBERT RD | BREA | CA | 92821 | N/A | PC | General & Unrestricted | $1,000 |
| UPWARD BOUND HOUSE | |||||||
| 1104 WASHINGTON AVE | SANTA MONICA | CA | 90403 | N/A | PC | General & Unrestricted | $1,000 |
| WATER UNDERGROUND | |||||||
| 3080 ARLOTTE AVE | LONG BEACH | CA | 90808 | N/A | PC | Solar Powered Water Distribution System; Sanitation Centers completed in 2 different communities; Internal Water Underground Support | $48,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,908,150 | 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 | $17,239 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $248,444 | 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 | $522,105 | 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 | $1,140 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $788,928 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $788,928 | 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
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (63 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AIRCASTLE LTD - 4.250% - 06/15 | $123,498 | $120,450 |
| AMERICAN TOWER CORP - 3.550% - | $48,171 | $48,463 |
| ANTHEM INC NOTE - 2.250% - 05/ | $72,597 | $72,120 |
| ANTHEM INC NOTE - 4.101% - 03/ | $36,835 | $36,183 |
| AT&T INC - 1.650% - 02/01/2028 | $84,586 | $87,291 |
| BANK AMER CORP - 3.559% - 04/2 | $120,146 | $120,053 |
| BOEING CO - 5.040% - 05/01/202 | $110,909 | $102,245 |
| BP CAP MKTS - 3.017% - 01/16/2 | $975 | $969 |
| BP CAP MKTS AMER INC - 0.000% | $89,228 | $88,848 |
| CAPITAL ONE FINL CORP NOTE - 5 | $17,835 | $18,124 |
| CIGNA CORP NEW SER C NOTE - 3. | $125,218 | $119,596 |
| CITIGROUP INC - 3.200% - 10/21 | $129,798 | $120,610 |
| COREBRIDGE FINL INC - 3.850% - | $13,095 | $13,374 |
| CROWN CASTLE INTL CORP - 4.450 | $32,450 | $30,887 |
| DISCOVER FINL SVCS NOTE - 4.50 | $123,137 | $120,491 |
| DISNEY WALT CO NOTE - 2.200% - | $100,571 | $98,052 |
| EBAY INC - 1.900% - 03/11/2025 | $131,015 | $129,227 |
| EDISON CO - 5.850% - 11/01/202 | $1,018 | $1,028 |
| ENTERGY LA LLC - 3.250% - 04/0 | $1,828 | $1,901 |
| EQUITABLE HLDGS INC SER B NOTE | $99,265 | $97,979 |
| ESSEX PORTFOLIO L P - 3.625% - | $96,896 | $89,650 |
| FIFTH THIRD BANCORP NOTE CALL | $6,043 | $6,205 |
| GENERAL MTRS FINL COINC NOTE - | $63,524 | $63,259 |
| GLOBAL PAYMENTS INC - 3.200% - | $1,843 | $1,833 |
| GLOBAL PAYMENTS INC NOTE - 2.6 | $110,326 | $115,637 |
| GOLDMAN SACHS - 3.691% - 06/05 | $24,931 | $25,257 |
| GOLDMAN SACHS GROUP INC - 1.09 | $1,890 | $1,931 |
| JOHN DEERE CAPITAL CORP - 3.35 | $927 | $949 |
| JP MORGAN CHASE - 2.769% - 10/ | $10,854 | $10,809 |
| KILROY RLTY - 4.750% - 12/15/2 | $3,916 | $3,904 |
| MICRON TECHNOLOGY INC - 4.185% | $29,749 | $29,575 |
| MIDAMERICAN ENERGY CO - 3.100% | $46,426 | $42,563 |
| MORGAN STANLEY - 3.625% - 01/2 | $29,679 | $27,494 |
| MORGAN STANLEY MTN - 0.985% - | $970 | $964 |
| MORGAN STANLEY MTN CALL MAKE W | $1,964 | $1,949 |
| MPLX LP - 1.750% - 03/01/2026 | $38,282 | $38,617 |
| MPLX LP - 2.650% - 08/15/2030 | $40,536 | $40,252 |
| NETAPP INC NOTE - 1.875% - 06/ | $17,580 | $17,725 |
| NETAPP INC NOTE CALL MAKE WHOL | $5,725 | $5,670 |
| NXP B V / NXP FDG LLC / NXP US | $48,029 | $48,544 |
| NXP BV/NXP - 3.400% - 05/01/20 | $1,802 | $1,837 |
| ORACLE CORP - 2.950% - 05/15/2 | $66,766 | $64,547 |
| ORACLE CORP NOTE - 3.250% - 11 | $5,583 | $5,770 |
| PACCAR FINANCIAL CORP - 4.000% | $965 | $967 |
| PHILIP MORRIS INTL INC - 2.100 | $52,198 | $51,863 |
| PHILIP MORRIS INTL INC NOTE - | $13,323 | $13,317 |
| REINSURANCE GROUP - 3.900% - 0 | $43,107 | $43,940 |
| RELX CAPITAL INC NOTE 3.0% 05/ | $62,350 | $61,760 |
| S&P GLOBAL INC - 4.250% - 05/0 | $13,545 | $13,692 |
| SABINE PAS - 5.000% - 03/15/20 | $40,070 | $40,082 |
| SANTANDER HOLDINGS USA INC SER | $126,085 | $120,298 |
| SOUTHERN CALIF - 2.850% - 08/0 | $904 | $913 |
| SOUTHWEST AIRLS CO - 5.125% - | $12,327 | $12,055 |
| STARBUCKS CORP - 2.550% - 11/1 | $22,923 | $22,779 |
| STRYKER CORP - 3.650% - 03/07/ | $1,993 | $1,931 |
| T MOBILE USA INC NOTE - 3.375% | $22,165 | $22,401 |
| VENTAS RLTY - 4.400% - 01/15/2 | $53,657 | $54,505 |
| VIRGINIA ELEC - 3.500% - 03/15 | $128,892 | $118,915 |
| VMWARE INC - 3.900% - 08/21/20 | $124,245 | $119,252 |
| WELLS FARGO &CO - 2.879% - 10/ | $89,075 | $88,437 |
| WELLS FARGO &CO - 3.196% - 06/ | $6,851 | $6,838 |
| WELLS FARGO - 2.393% - 06/02/2 | $3,626 | $3,752 |
| WRKCO INC SER B - 4.900% - 03/ | $88,300 | $87,447 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (61 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 3M CO | $38,462 | $45,052 |
| AIR LEASE CORP | $29,918 | $34,904 |
| AIR PRODS & CHEM INC | $25,344 | $26,684 |
| AMER INTERNATIONAL GROUP INC | $33,290 | $42,297 |
| AMERICAN ELECTRIC POWER INC | $34,910 | $33,203 |
| AMGEN INC | $17,140 | $19,548 |
| AT&T, INC | $43,564 | $55,286 |
| BROOKFIELD ASSET MANAGEMENT LT | $17,684 | $28,396 |
| CARDINAL HEALTH INC | $13,119 | $18,450 |
| CHARLES SCHWAB CORP | $16,938 | $24,201 |
| CHEVRON CORP | $35,679 | $33,168 |
| CISCO SYSTEMS INC | $26,693 | $36,941 |
| CITIGROUP INC | $39,188 | $53,215 |
| CME GROUP, INC | $47,097 | $58,754 |
| COMCAST CORP | $43,357 | $44,586 |
| CONOCOPHILLIPS | $47,275 | $58,709 |
| COREBRIDGE FINANCIAL INC | $24,681 | $44,147 |
| DARDEN RESTAURANTS INC | $38,802 | $47,606 |
| DENTSPLY SIRONA INC | $29,142 | $25,205 |
| DIMENSIONAL WORLD EX U S CORE | $253,704 | $282,285 |
| FEDEX CORPORATION | $28,943 | $35,166 |
| GENUINE PARTS COMPANY | $26,916 | $21,250 |
| HARDING LOEVNER INTL EQUITY | $311,677 | $264,536 |
| HASBRO INC | $20,744 | $23,929 |
| HEALTHCARE REALTY TRUST | $30,398 | $34,629 |
| INGREDION INC | $33,369 | $45,120 |
| INTERNATIONAL BUSINESS MACHINE | $31,600 | $52,539 |
| ISHARES TRUST RUSSELL 1000 GRO | $849,243 | $1,326,821 |
| KENVUE INC | $44,566 | $46,735 |
| KINDER MORGAN INC | $52,148 | $82,940 |
| KONINKLIJKE PHILIPS ELECTRONIC | $21,633 | $34,587 |
| KONTOOR BRANDS INC | $20,357 | $38,264 |
| L3HARRIS TECHNOLOGIES | $30,640 | $33,435 |
| LEAR CORP | $39,193 | $25,853 |
| LOWES COMPANIES INC | $19,078 | $20,484 |
| MEDTRONIC PLC | $77,418 | $66,780 |
| MERCK & CO INC | $66,267 | $61,479 |
| METLIFE INC | $26,415 | $34,963 |
| MOLSON COOR BREW CO CL B | $36,211 | $35,882 |
| NETAPP, INC | $19,034 | $29,020 |
| NXP SEMICONDUCTORS | $39,194 | $45,727 |
| ORION OFFICE REIT ORD SHS | $2,105 | $378 |
| PACKAGING CORP AMER | $16,881 | $27,241 |
| PARKER HANNIFIN CP | $10,940 | $24,805 |
| PEPSICO INC | $23,338 | $18,855 |
| PFIZER INC | $46,371 | $41,387 |
| PHILLIPS 66 | $31,676 | $35,546 |
| PINNACLE WEST CAPITAL CORP | $44,025 | $48,912 |
| RADIAN GROUP INC | $32,902 | $45,391 |
| RAYTHEON TECHNOLOGIES CORP | $50,981 | $59,017 |
| REALTY INCOME CORP | $159,900 | $135,987 |
| TARGET CORPORATION | $28,556 | $27,712 |
| TEXAS INSTRUMENTS INC | $29,759 | $35,439 |
| THE HERSHEY COMPANY | $23,323 | $21,338 |
| TRUIST FINANCIAL CORPORATION | $34,528 | $34,661 |
| UNION PACIFIC | $23,555 | $25,084 |
| US BANCORP | $22,463 | $23,389 |
| VANGUARD SM-CAP ETF | $311,846 | $365,226 |
| VICI PROPERTIES INC | $40,441 | $35,490 |
| WELLS FARGO & CO | $15,115 | $24,514 |
| WEYERHAEUSER CO | $35,526 | $30,881 |
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 $2,908,150. This amount represents 25% or more of the Foundation's net assets of $10,353,059 (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 (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $46,205 | $46,205 | |
| Bank Charges | $56 | $56 | |
| Office & Supplies | $3,083 | $3,083 | |
| Payroll Processing Fees | $2,958 | $2,958 | |
| Postage/Delivery Service | $179 | $179 |
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 | $1,140 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $1,140 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT | Desc |
| Amt | -$8,520 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $33,906 | $33,906 | |
| PHOTOGRAPHY SERVICES | $1,800 | $1,800 | |
| PHILANTHROPIC CONSULTING | $60,000 | $60,000 | |
| EVENT PLANNING SERVICES | $15,213 | $15,213 | |
| ADVERTISING EXPENSES | $5,000 | $5,000 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2024 | $5,800 |
| 990-PF Extension for 2023 | $4,800 |
| State Tax Miscellaneous Fee | $2,183 |
Comments