CLARE ROSE FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CLARE ROSE FOUNDATION INC (EIN 06-1480029)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202513219349106636
- 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
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T16:10:43-05:00 | 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 | 061480029 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Clare Rose Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | CLAR | 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 | ANNE VINCENT | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2025-11-17 | 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 | $7,658,678 | 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 | $4,895 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $4,880 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $46,008 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $44,698 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $196,962 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $12,498,124 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $203,351 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $231,095 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $170,391 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $59,473 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $478,960 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $423,320 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $59,473 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $187,883 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $187,883 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $23,195 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Adj Net Incm | $664 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $22,531 | PensionEmplBnftDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $325,707 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $108,917 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $46,020 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $170,770 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $8,976 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $7,839 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $466 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $7,100 | TaxesRevAndExpnssAmt |
| Occupancy Rev And Expnss | $27,886 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $27,886 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $21,081 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Adj Net Incm | $2,908 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $18,173 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $1,113 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Adj Net Incm | $251 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $862 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $150,007 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $71,996 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $9,630 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $67,733 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $752,948 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $188,752 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $59,473 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $496,304 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $743,715 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $743,715 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,496,663 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $188,752 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $59,473 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,240,019 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,017,703 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $234,568 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $112,498 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $280,073 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $280,073 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $2,237 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,139 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,892 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $2,441,743 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,844,761 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,661,637 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $78,184 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $78,184 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $70 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $667,377 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $736,074 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $715,006 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $3,302,039 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,941,231 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,658,678 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $220,762 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $877,657 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $220,762 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $877,657 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $3,081,277 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,063,574 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,081,277 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,063,574 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,302,039 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,941,231 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,081,277 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,017,703 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,063,574 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,063,574 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| Publicly-traded Securities | $12,498,124 | $12,306,655 | $191,469 | $191,469 |
| Passthrough K1 Capital Gain/(Loss) | $5,533 | |||
| ALLOCATED TO UBTI-ACQ INDEBTEDNESS | $6,349 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $203,351 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,260 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,260 | SubtotalAmt |
| Tax Based On Investment Income | $3,260 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,022 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $7,300 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $10,322 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $7,062 | OverpaymentAmt |
| Applied To ES Tax | $7,062 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | CT | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| Elise Furer | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec | 1.0 | $0 | $0 | $0 |
| Anne Vincent | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres | 35.0 | $0 | $0 | $0 |
| Edward Vincent | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| William Vincent | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mr Matthew D'Arrigo | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3105 Goldsmith Street | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92106 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | 0 | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $150,000 | CompensationAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Janine Mason | |||||
| 12825 Harwick Lane | San Diego | CA | 92130 | Philanthropic | $209,353 |
| HIGHTOWER ADVISORS | |||||
| 61 JESSUP ROAD | WESTPORT | CT | 06880 | Investment Mgmt | $108,917 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | CREATIVE YOUTH DEVELOPMENT INITIATIVE: EDUCATING/ADVOCATING FOR CREATIVE YOUTH DEV LOCALLY CONNECTING SAN DIEGO TO OTHER EFFORTS NATIONALLY & SERVING TO SPUR INNOVATION REGIONALLY | Description1Txt |
| Expenses1 | $6,341 | Expenses1Amt |
| Description2 | FIELDSTONE LEADERSHIP NETWORK:STRENGTHEN NONPROFIT COMMUNITY BY PROVIDING CONTINUUM OF PRGMS TO DEVELOP EXEC LEADERSHIP, INCREASE AGNCY CAPACITY & SUSTAIN A COLLABRTVE, VIBRANT NTWK | Description2Txt |
| Expenses2 | $257,033 | Expenses2Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $6,191,384 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $286,525 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $715,006 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,192,915 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $154,817 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,038,098 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $105,571 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $6,932,527 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $346,626 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $346,626 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,260 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,260 | TotalTaxAmt |
| Distributable Before Adj | $343,366 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $343,366 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $343,366 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,240,019 | 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 | $1,240,019 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $343,366 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $175,711 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $675,596 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $842,630 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $964,561 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,009,466 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,667,964 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,240,019 | QualifyingDistributionsAmt |
| Applied To Current Year | $343,366 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $896,653 | RemainingDistriFromCorpusAmt |
| Total Corpus | $4,564,617 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $175,711 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,388,906 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $675,596 | ExcessFromYear4Amt |
| Excess From Year3 | $842,630 | ExcessFromYear3Amt |
| Excess From Year2 | $964,561 | ExcessFromYear2Amt |
| Excess From Year1 | $1,009,466 | ExcessFromYear1Amt |
| Excess From Current Year | $896,653 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (30 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| A REASON TO SURVIVE | |||||||
| 200 E 12TH ST | NATIONAL CITY | CA | 91950 | N/A | PC | General & Unrestricted | $50,000 |
| A REASON TO SURVIVE | |||||||
| 200 E 12TH ST | NATIONAL CITY | CA | 91950 | N/A | PC | Charitable Event | $4,000 |
| A STEP BEYOND | |||||||
| 340 N ESCONDIDO BLVD | ESCONDIDO | CA | 92025 | N/A | PC | Charitable Event | $4,000 |
| A STEP BEYOND | |||||||
| 340 N ESCONDIDO BLVD | ESCONDIDO | CA | 92025 | N/A | PC | General & Unrestricted | $15,000 |
| ART OF ELAN | |||||||
| 6165 RADCLIFFE DR | SAN DIEGO | CA | 92122 | N/A | PC | General & Unrestricted | $12,000 |
| ART OF ELAN | |||||||
| 6165 RADCLIFFE DR | SAN DIEGO | CA | 92122 | N/A | PC | Charitable Event | $2,000 |
| ARTREACH | |||||||
| 1065 UNIVERSITY AVE | SAN DIEGO | CA | 92103 | N/A | PC | General & Unrestricted | $15,000 |
| CENTER FOR HOPE AND STRENGTH INC | |||||||
| PO BOX 6790 | SAN DIEGO | CA | 92166 | N/A | PC | General & Unrestricted | $100,000 |
| CLARE ROSE FOUNDATION CENTER FOR CREATIVE YOUTH DE | |||||||
| 3105 GOLDSMITH ST | SAN DIEGO | CA | 92106 | N/A | PC | General & Unrestricted | $166,215 |
| DISCO RIOT | |||||||
| 7849 WING SPAN DR | SAN DIEGO | CA | 92119 | N/A | PC | Charitable Event | $2,000 |
| DISCO RIOT | |||||||
| 7849 WING SPAN DR | SAN DIEGO | CA | 92119 | N/A | PC | General & Unrestricted | $10,000 |
| FERN STREET COMMUNITY ARTS INC | |||||||
| 4063 POLK AVE | SAN DIEGO | CA | 92105 | N/A | PC | General & Unrestricted | $15,000 |
| FERN STREET COMMUNITY ARTS INC | |||||||
| 4063 POLK AVE | SAN DIEGO | CA | 92105 | N/A | PC | Charitable Event | $4,000 |
| GIRLS ON THE RUN OF SAN DIEGO | |||||||
| 8148 RONSON RD STE I | SAN DIEGO | CA | 92111 | N/A | PC | General & Unrestricted | $50,000 |
| HIGHSTEPPERS DRILL TEAM INC | |||||||
| 3919 TEAK ST | SAN DIEGO | CA | 92113 | N/A | PC | General & Unrestricted | $20,000 |
| HIGHSTEPPERS DRILL TEAM INC | |||||||
| 3919 TEAK ST | SAN DIEGO | CA | 92113 | N/A | PC | Charitable Event | $4,000 |
| IZCALLI ESCVELA DE LA RAZA | |||||||
| PO BOX 50208 | SAN DIEGO | CA | 92165 | N/A | PC | Mural project | $5,000 |
| JASON MRAZ FOUNDATION | |||||||
| 6329 LA PALOMA LN | OCEANSIDE | CA | 92057 | N/A | PC | Charitable Event | $7,500 |
| KAREN ORGANIZATION OF SAN DIEGO | |||||||
| 5354 UNIVERSITY AVE STE 1 | SAN DIEGO | CA | 92105 | N/A | PC | Clare Rose Sabbatical | $3,500 |
| LIVING COAST DISCOVERY CENTER | |||||||
| 1000 GUNPOWDER POINT DR | CHULA VISTA | CA | 91910 | N/A | PC | to support staff salaries for those who are left to lead during Ben's sabbatical. | $45,000 |
| NATIONAL GUILD FOR COMMUNITY ARTS EDUCATION INC | |||||||
| 520 8TH AVE RM 302 | NEW YORK | NY | 10018 | N/A | PC | General & Unrestricted | $25,000 |
| ROCK N ROLL CAMP FOR GIRLS SAN DIEGO | |||||||
| 315 S COAST HWY 101 STE U 231 | ENCINITAS | CA | 92024 | N/A | PC | General & Unrestricted | $10,000 |
| SOLANA CENTER FOR ENVIRONMENTAL INNOVATION | |||||||
| 137 N EL CAMINO REAL | ENCINITAS | CA | 92024 | N/A | PC | to support professional development fund; to provide employees with access to training or short-term leaves that might enhance their professional capacities | $3,500 |
| THE AJA PROJECT | |||||||
| 4089 FAIRMOUNT AVE | SAN DIEGO | CA | 92105 | N/A | PC | General & Unrestricted | $25,000 |
| THE AJA PROJECT | |||||||
| 4089 FAIRMOUNT AVE | SAN DIEGO | CA | 92105 | N/A | PC | Charitable Event | $2,000 |
| THE DAVIDS HARP FOUNDATION INC | |||||||
| 705 16TH ST | SAN DIEGO | CA | 92101 | N/A | PC | General & Unrestricted | $25,000 |
| TRANSCENDANCE YOUTH ARTS PROJECT | |||||||
| 5700 EL CAJON BLVD | SAN DIEGO | CA | 92115 | N/A | PC | Charitable Event | $4,000 |
| TRANSCENDANCE YOUTH ARTS PROJECT | |||||||
| 5700 EL CAJON BLVD | SAN DIEGO | CA | 92115 | N/A | PC | General & Unrestricted | $20,000 |
| TRAUMA FOUNDATION | |||||||
| 1045 BOYLAN RD APT 7 | BOZEMAN | MT | 59715 | N/A | PC | General & Unrestricted | $50,000 |
| VILLA MUSICA | |||||||
| 10373 ROSELLE ST STE 170 | SAN DIEGO | CA | 92121 | N/A | PC | General & Unrestricted | $45,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $743,715 | 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) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $18 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,877 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | $1,310 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $44,698 | 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) |
|---|---|---|
| Business | 525990 | BusinessCd |
| Unrelated Business Taxbl Incm | -$6,389 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $203,351 | 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 (3 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|---|---|
| K-1 Inc/Loss | 525990 | -$169 | 14 | $170,391 | |
| Federal Tax Refund | 01 | $1,400 | |||
| EXEMPT FUNCTION INCOME | 01 | $59,473 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$5,230 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $424,717 | ExclusionAmt |
| Related Or Exempt Function Incm | $59,473 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $478,960 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11 D | LineNumberTxt |
| Relationship Statement | PROVIDE RECIPROCAL LEARNING OPPORTUNITIES WHICH BUILD, DEEPEN, AND SUSTAIN PERSONAL AND PROFESSIONAL CAPABILITIES AND RELATIONSHIPS AMONG NONPROFIT PROFESSIONALS SO THEY ARE BETTER ABLE TO LEAD, COLLABORATE, AND PROBLEM SOLVE. | RelationshipStatementTxt |
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
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART I LINE 6A (990-PF) | IdentifierTxt |
| Form And Line Reference | PART I LINE 6A (990-PF) | FormAndLineReferenceDesc |
| Medium Explanation | RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $203,351 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $(40) ALLOCATED TO UBTI - ACQUISION INDEBTEDNESS NET GAIN/(LOSS): $(6,349) TOTAL PART I, LINE 6A: $196,962 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $12,498,124 BOOK BASIS: $12,306,655 NET GAIN/(LOSS): $191,469 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $5,533 ALLOCATED TO UBTI - ACQUISION INDEBTEDNESS NET GAIN/(LOSS): $6,349 | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | LEHMAN BRTHRS HLDGRRBOND - 0.0 | BondNm |
| EOY Book Value | $78,184 | EOYBookValueAmt |
| EOYFMV | $70 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (12 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMAZON COM | $297,774 | $1,494,046 |
| APPLE INC | $430,214 | $2,526,737 |
| BERKSHIRE HATHAWAY INC DEL CL | $445,154 | $1,361,840 |
| CISCO SYSTEMS INC | $26,784 | $38,480 |
| GOLDMAN SACHS BDC INC | $77,903 | $70,918 |
| LEHMAN BROTHERS HOLDINGS INC. | $40,118 | |
| MICROSOFT CORP | $44,610 | $80,085 |
| ORACLE CORP | $113,601 | $383,272 |
| PROCTER GAMBLE CO | $39,984 | $90,531 |
| PUT - SPX @5800 - EXP 1/03/202 | $27,413 | $13,375 |
| PUT - SPX @5850 - EXP 1/31/202 | $158,479 | $182,225 |
| WAL-MART STORES INC | $142,727 | $420,128 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,139 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,892 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ARMADA WASTE MANAGEMENT, LP | $12,946 | $82,650 |
| GPB AUTOMOTIVE PORTFOLIO, LP | $86,877 | $83,900 |
| STAR MOUNTAIN SBIC FUND, LP | $612,069 | $498,332 |
| VIRTUS REAL ESTATE CAPITAL II, | $24,182 | $50,124 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (15 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|
| Administrative Fees | $29,722 | $29,722 | ||
| Bank Charges | $2,367 | $2,365 | ||
| Computers/Electronic Devices | $1,861 | $1,861 | ||
| Digital Subscriptions | $1,157 | $1,157 | ||
| Foundation Dues & Memberships | $2,250 | $2,250 | ||
| Indemnification Insurance | $1,926 | $1,926 | ||
| K-1 Exp GPB AUTOMOTIVE PORTFOL | $551 | $551 | ||
| K-1 Exp STAR MOUNTAIN SBIC FUN | $69,540 | $69,018 | ||
| K-1 Exp VIRTUS REAL ESTATE CAP | $186 | $62 | ||
| BANK MEMBERSHIP FEE | $350 | $350 | ||
| Office & Supplies | $2,020 | $2,020 | ||
| Postage/Delivery Service | $352 | $352 | ||
| State or Local Filing Fees | $150 | $150 | ||
| Training & Professional Develo | $34,730 | $25,100 | $9,630 | |
| Website Hosting/Support | $2,845 | $2,845 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| K-1 Inc/Loss ARMADA WASTE MANAGEMENT, LP | -$1,700 | -$181 | |
| K-1 Inc/Loss GPB AUTOMOTIVE PORTFOLIO, LP | -$1,819 | $4,831 | |
| K-1 Inc/Loss STAR MOUNTAIN SBIC FUND, LP | $178,579 | $167,037 | |
| K-1 Inc/Loss VIRTUS REAL ESTATE CAPITAL II, LP | -$4,838 | -$1,296 | |
| EXEMPT FUNCTION INCOME | $59,473 | $59,473 | |
| State Tax Refund | $1,400 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| OUTSTANDING OPTIONS | $220,762 | $489,662 |
| LINE OF CREDIT | $387,995 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Investment Management Services | $108,917 | $108,917 | ||
| Philanthropic Consulting Srvcs | $216,790 | $46,020 | $170,770 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2024 | $600 |
| 990-PF Extension for 2023 | $4,100 |
| 990-T Extension for 2023 | $1,000 |
| State Income Tax 2023 | $1,400 |
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