COMMON BOND FOUNDATION: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- COMMON BOND FOUNDATION (EIN 46-1541783)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-15
- IRS object ID
- 202611359349102891
- Schema version
- 2025v4.1
- 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
- Dissolution Stmt
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Other Decreases Schedule
- 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 | 2026-05-15T13:25:20-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 204553256 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARINER WEALTH ADVISORS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4200 E SKELLY DRIVE SUITE 950 | AddressLine1Txt |
| City | TULSA | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74135 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461541783 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMMON BOND FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COMM | BusinessNameControlTxt |
| Phone | 9189823088 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12607 S 12TH STREET | AddressLine1Txt |
| City | JENKS | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74037 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAMELA RUSSELLL | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9189823088 | PhoneNum |
| Signature | 2026-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ADAM PAUL | PreparerPersonNm |
| PTIN | P00496589 | PTIN |
| Phone | 9183881655 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | 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 | $28,332,865 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $507,392 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $507,392 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,657,333 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $13,038,654 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,657,333 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,162 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,162 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $2,165,887 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,165,887 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $174,485 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $174,485 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $47,773 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $15,773 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $34,554 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $34,554 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $256,812 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $224,812 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,925,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,925,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,181,812 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $224,812 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,925,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$15,925 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,941,075 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,295 | CashBOYAmt |
| Cash EOY | $1,296 | CashEOYAmt |
| Cash EOYFMV | $1,296 | CashEOYFMVAmt |
| Other Investments BOY | $25,984,685 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $16,726,584 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $28,331,569 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $25,985,980 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,727,880 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $28,332,865 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $25,985,980 | RetainedEarningBOYAmt |
| Retained Earning EOY | $16,727,880 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $25,985,980 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,727,880 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $25,985,980 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,727,880 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $25,985,980 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$15,925 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,897 | OtherIncreasesAmt |
| Subtotal | $25,972,952 | SubtotalAmt |
| Other Decreases | $9,245,072 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $16,727,880 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| AVAILABLE ON REQUEST | P | $3,734,665 | $3,845,953 | -$111,288 | -$111,288 |
| AVAILABLE ON REQUEST | P | $9,303,556 | $7,535,368 | $1,768,188 | $1,768,188 |
| CAPITAL GAINS DIVIDENDS | P | $433 | $433 | $433 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,657,333 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$111,288 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $26,981 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $26,981 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $26,981 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,066 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $18,066 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $104 | EsPenaltyAmt |
| Tax Due | $9,019 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OK | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | PAMELA RUSSELL | IndividualWithBooksNm |
| Phone | 9184815682 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12607 S 12TH ST | AddressLine1Txt |
| City | JENKS | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74037 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAMELA J RUSSELL | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12607 SOUTH 12TH STREET | AddressLine1Txt |
| City | JENKS | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74037 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $30,408,272 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,296 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $30,409,568 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $30,409,568 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $456,144 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $29,953,424 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,497,671 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,497,671 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $26,981 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $26,981 | TotalTaxAmt |
| Distributable Before Adj | $1,470,690 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,470,690 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,470,690 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,925,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,925,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,470,690 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $813,444 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,396,305 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,902,204 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $318,663 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,430,616 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,925,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,470,690 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $454,310 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $4,884,926 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,884,926 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $813,444 | ExcessFromYear4Amt |
| Excess From Year3 | $1,396,305 | ExcessFromYear3Amt |
| Excess From Year2 | $1,902,204 | ExcessFromYear2Amt |
| Excess From Year1 | $318,663 | ExcessFromYear1Amt |
| Excess From Current Year | $454,310 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | PAMELA J RUSSELL | 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 StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ASSISTANCE LEAGUE OF TULSA | |||||||
| 5350 E 31ST ST | TULSA | OK | 74135 | NONE | PC | GENERAL OPERATIONS | $100,000 |
| CATHOLIC CHARITIES OF TULSA | |||||||
| 2450 N HARVARD AVE | TULSA | OK | 74115 | NONE | PC | GENERAL OPERATIONS | $250,000 |
| COMMUNITY FOOD BANK OF EAST OKLAHOMA | |||||||
| 1304 N KENOSHA AVE | TULSA | OK | 74106 | NONE | PC | GENERAL OPERATIONS | $175,000 |
| FAMILY AND CHILDRENS SERVICES | |||||||
| 2325 S HARVARD AVE | TULSA | OK | 74114 | NONE | PC | GENERAL OPERATIONS | $200,000 |
| JOHN 316 MISSION | |||||||
| 506 CHEYENNE AVE | TULSA | OK | 74103 | NONE | PC | GENERAL OPERATIONS | $225,000 |
| LITTLE LIGHTHOUSE | |||||||
| 5120 E 36TH ST | TULSA | OK | 74135 | NONE | PC | GENERAL OPERATIONS | $150,000 |
| MENTAL HEALTH ASSOCIATION OF OKLAHOMA | |||||||
| 4650 E ADMIRAL PL TULSA | TULSA | OK | 74115 | NONE | PC | GENERAL OPERATIONS | $150,000 |
| PATHWAYS ADULT LEARNING CENTER | |||||||
| 4102 E 61ST ST | TULSA | OK | 74136 | NONE | PC | GENERAL OPERATIONS | $25,000 |
| RESONANCE CENTER FOR WOMEN | |||||||
| 1608 S ELWOOD AVENUE | TULSA | OK | 74119 | NONE | PC | GENERAL OPERATIONS | $200,000 |
| THE SPRING FOUNDATION | |||||||
| 5359 S SHERIDAN RD | TULSA | OK | 74145 | NONE | PC | GENERAL OPERATIONS | $100,000 |
| HOLLAND HALL | |||||||
| 5666 E 81ST ST | TULSA | OK | 74137 | NONE | PC | GENERAL OPERATIONS | $250,000 |
| LIFE SENIOR SERVICES | |||||||
| 5330 E 31ST ST STE 800 | TULSA | OK | 74135 | NONE | PC | GENERAL OPERATIONS | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,925,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $507,392 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 41 | ExclusionCd |
| Exclusion | $1,162 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,657,333 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,165,887 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,165,887 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUSSELL FAMILY FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 52613 | AddressLine1Txt |
| City | TULSA | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74152 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | PURSUANT TO AN ESTATE SETTLEMENT AGREEMENT, THE FOUNDATION TRANSFERRED CASH OF $4,270,817 AND MARKETABLE SECURITIES HAVING AN AGGREGATE FAIR MARKET VALUE OF $7,921,047 (AGGREGATE TAX BASIS OF $4,974,255) TO THE RUSSELL FAMILY FOUNDATION (EIN 99-2500991), A TAX-EXEMPT PRIVATE FOUNDATION DESCRIBED IN IRC 501(C)(3). THE TRANSFERS OCCURRED BETWEEN JANUARY 13, 2025, AND JANUARY 21, 2025.THE TRANSFERS REPRESENT A SUBSTANTIAL CONTRACTION OF THE FOUNDATION'S ASSETS WITHIN THE MEANING OF IRS 507 AND FORM 990-PF PART VI-A, LINE 5. THE FOUNDATION DID NOT TERMINATE ITS PRIVATE FOUNDATION STATUS FOLLOWING THE TRANSFERS.THE TRANSFERS WERE MADE PURSUANT TO AN ESTATE SETTLEMENT AGREEMENT AND WERE INTENDED TO QUALIFY AS TRANSFERS DESCRIBED UNDER IRC 507(B)(2) | ShortExplanationTxt |
| Dissolution | $12,191,864 | DissolutionAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | BANK OF AMERICA SECURITIES | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $16,726,584 | BookValueAmt |
| EOYFMV | $28,331,569 | EOYFMVAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | PURSUANT TO AN ESTATE SETTLEMENT AGREEMENT, THE FOUNDATION TRANSFERRED CASH OF $4,270,817 AND MARKETABLE SECURITIES HAVING AN AGGREGATE FAIR MARKET VALUE OF $7,921,047 (AGGREGATE TAX BASIS OF $4,974,255) TO THE RUSSELL FAMILY FOUNDATION (EIN 99-2500991), A TAX-EXEMPT PRIVATE FOUNDATION DESCRIBED IN IRC 501(C)(3). THE TRANSFERS OCCURRED BETWEEN JANUARY 13, 2025, AND JANUARY 21, 2025. THE TRANSFERS REPRESENT A SUBSTANTIAL CONTRACTION OF THE FOUNDATION'S ASSETS WITHIN THE MEANING OF IRS 507 AND FORM 990-PF PART VI-A, LINE 5. THE FOUNDATION DID NOT TERMINATE ITS PRIVATE FOUNDATION STATUS FOLLOWING THE TRANSFERS. THE TRANSFERS WERE MADE PURSUANT TO AN ESTATE SETTLEMENT AGREEMENT AND WERE INTENDED TO QUALIFY AS TRANSFERS DESCRIBED UNDER IRC 507(B)(2) | ExplanationTxt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DISTRIBUTION TO RUSSELL FAMILY FOUNDATION (99-2500991) | Desc |
| Amt | $9,245,072 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT EXPENSES | $5,113 | $5,113 | $0 | $0 |
| MISC EXPENSE | $29,441 | $29,441 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $1,162 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $1,162 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON-DIVIDEND DISTRIBUTION | Desc |
| Amt | $2,897 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISOR FEES | CategoryTxt |
| Amt | $174,485 | Amt |
| Net Investment Income | $174,485 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAX EXPENSE | $15,773 | $15,773 | $0 | $0 |
| FEDERAL TAX EXPENSE | $32,000 | $0 | $0 | $0 |
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