JEFF SPRECHER AND KELLY LOEFFLER FOUNDATION: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- JEFF SPRECHER AND KELLY LOEFFLER FOUNDATION (EIN 85-6148657)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-12
- IRS object ID
- 202621329349101017
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-12T11:31:25-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HELEN GARNER CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 727 N Harbor Blvd | AddressLine1Txt |
| City | Anaheim | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92805 | 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 | 856148657 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Jeff Sprecher and Kelly | BusinessNameLine1Txt |
| Business Name Line2 | Loeffler Foundation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JEFF | BusinessNameControlTxt |
| Phone | 6152947444 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3060 Peachtree Road NW 1815 | AddressLine1Txt |
| City | Atlanta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 303052242 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Steven W Nowak | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 4703221881 | PhoneNum |
| Signature | 2026-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Helen Garner | PreparerPersonNm |
| PTIN | P01062956 | PTIN |
| Phone | 7145535123 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,888,704 | 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 | $2,353,290 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,599 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,599 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $115,533 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $115,533 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $20,412 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $850,801 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $20,412 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,491,834 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $138,544 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $15,574 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $7,787 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $7,787 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,840 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,920 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $1,920 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $24,902 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $12,451 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $12,451 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,834 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $626 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $626 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,935 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,935 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $49,085 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $24,719 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $22,784 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,000,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,000,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,049,085 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $24,719 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,022,784 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,442,749 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $113,825 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $304,335 | CashBOYAmt |
| Cash EOY | $289,463 | CashEOYAmt |
| Cash EOYFMV | $289,463 | CashEOYFMVAmt |
| Prepaid Expenses BOY | $4,000 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $2,418 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $2,418 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $3,087,254 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,192,782 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,355,835 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $803,733 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,378,927 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,240,988 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $4,199,322 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,863,590 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,888,704 | 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 | $4,199,322 | RetainedEarningBOYAmt |
| Retained Earning EOY | $5,863,590 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,199,322 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,863,590 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,199,322 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,863,590 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,199,322 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,442,749 | ExcessRevenueOverExpensesAmt |
| Other Increases | $221,519 | OtherIncreasesAmt |
| Subtotal | $5,863,590 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,863,590 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (25 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| Rhombus Energy Solutions | P | 2020-04-06 | 2025-05-06 | $5,551 | $5,551 | $5,551 | |
| SMRI | 2025-07-28 | 2025-11-20 | $59,762 | $1,175 | $1,175 | $58,587 | |
| SMRI | 2025-07-28 | 2025-11-24 | $75,073 | $3,530 | $3,530 | $71,543 | |
| EQL | 2025-07-25 | 2025-11-18 | $49,955 | -$924 | -$924 | $50,879 | |
| GVI | 2025-08-01 | 2025-11-20 | $50,319 | $356 | $356 | $49,963 | |
| GVI | 2025-08-15 | 2025-11-20 | $49,674 | $382 | $382 | $49,292 | |
| IWF | 2025-08-15 | 2025-11-18 | $34,964 | $821 | $821 | $34,143 | |
| IWF | 2025-08-08 | 2025-11-19 | $5,578 | $228 | $228 | $5,350 | |
| IWF | 2025-08-15 | 2025-11-19 | $29,283 | $981 | $981 | $28,302 | |
| VEA | 2025-08-15 | 2025-11-18 | $49,946 | $794 | $794 | $49,152 | |
| VEA | 2025-08-15 | 2025-11-24 | $25,039 | $433 | $433 | $24,606 | |
| VOO | 2025-08-15 | 2025-11-18 | $75,108 | $1,695 | $1,695 | $73,413 | |
| VOO | 2025-08-15 | 2025-11-19 | $69,921 | $1,836 | $1,836 | $68,085 | |
| VOO | 2025-08-08 | 2025-11-24 | $28,909 | $1,386 | $1,386 | $27,523 | |
| VOO | 2025-08-15 | 2025-11-24 | $21,528 | $806 | $806 | $20,722 | |
| VWO | 2025-08-15 | 2025-11-18 | $29,615 | $1,367 | $1,367 | $28,248 | |
| VWO | 2025-08-15 | 2025-11-24 | $25,004 | $1,019 | $1,019 | $23,985 | |
| VGSH | 2025-07-25 | 2025-11-20 | $28,937 | $126 | $126 | $28,811 | |
| VGSH | 2025-08-01 | 2025-11-20 | $28,878 | $97 | $97 | $28,781 | |
| VGSH | 2025-08-08 | 2025-11-20 | $28,878 | $107 | $107 | $28,771 | |
| VGSH | 2025-08-15 | 2025-11-20 | $28,819 | $83 | $83 | $28,736 | |
| VTIP | 2025-08-08 | 2025-11-20 | $21,426 | -$89 | -$89 | $21,515 | |
| VTIP | 2025-08-15 | 2025-11-20 | $28,634 | -$120 | -$120 | $28,754 | |
| K-1 GRA Venture Fund | 2024-01-01 | 2025-07-01 | -$1,135 | -$1,135 | $1,135 | ||
| K-1 GRA Venture Fund | 2024-01-01 | 2025-07-01 | -$93 | -$93 | $93 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $20,412 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,582 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,582 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,582 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,000 | 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 | $1,592 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $10 | OverpaymentAmt |
| Applied To ES Tax | $10 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | GA | 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 | 0 | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Suzanne Williams | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6152947444 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3060 Peachtree Road NW Suite 1815 | AddressLine1Txt |
| City | Atlanta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 303052242 | 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Suzanne Williams | ||||||||
| 3060 Peachtree Rd NW Suite 1815 | Atlanta | GA | 30305 | Trustee | 0.00 | $0 | $0 | $0 |
| Brian Loeffler | ||||||||
| 3060 Peachtree Rd NW Suite 1815 | Atlanta | GA | 30305 | Trustee | 0.00 | $0 | $0 | $0 |
| 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 | $5,393,448 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $295,776 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,689,224 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,689,224 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $85,338 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,603,886 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $280,194 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $280,194 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,582 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,582 | TotalTaxAmt |
| Distributable Before Adj | $278,612 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $278,612 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $278,612 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,022,784 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,022,784 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $278,612 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $147,825 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $301,480 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $449,305 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,022,784 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $278,612 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $744,172 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,193,477 | 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 | $1,193,477 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $147,825 | ExcessFromYear4Amt |
| Excess From Year1 | $301,480 | ExcessFromYear1Amt |
| Excess From Current Year | $744,172 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Portman Foundation | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 Peachtree Center Ave NE | AddressLine1Txt |
| City | Atlanta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30303 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | POF | RecipientFoundationStatusCd |
| Grant Or Contribution Purpose | Charitable activities | GrantOrContributionPurposeTxt |
| Amt | $1,000,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,000,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $2,599 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $115,533 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $20,412 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $138,544 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $138,544 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (3 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| Descante Capital LLC | ||||||
| 1 | 3060 Peachtree Road NW Suite 1815 | Atlanta | GA | 30305 | $2,156,917 | Yes (X) |
| Jeffrey Sprecher | ||||||
| 2 | 3650 Tuxedo Road NW | Atlanta | GA | 30305 | $98,187 | Yes (X) |
| Kelly Loeffler | ||||||
| 3 | 3650 Tuxedo Road NW | Atlanta | GA | 30305 | $98,186 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (5 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 1,203,704 shares of PSQ Holding, Inc.'s Class A stock | $2,156,917 | 2025-05-05 |
| 2 | LP interest in Technology Operators Fund II LP | $42,433 | 2025-03-31 |
| 2 | Minority interest in GRA Venture Fund LLC | $55,754 | 2025-03-31 |
| 3 | LP interest in Technology Operators Fund II LP | $42,432 | 2025-03-31 |
| 3 | Minority interest in GRA Venture Fund LLC | $55,754 | 2025-03-31 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $3,840 | Amt |
| Net Investment Income | $1,920 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,920 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Fidelity | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $2,192,782 | BookValueAmt |
| EOYFMV | $2,355,835 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $15,574 | LegalFeesAmt |
| Net Investment Income | $7,787 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,787 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt | BOY Book ValueBOYBookValueAmt |
|---|---|---|---|
| Investment in GRA Venture Fund LLC | $161,673 | $112,575 | |
| Investment in PatientPay, Inc. | $273,522 | $273,522 | $273,522 |
| Investment in PSQ Holdings, Inc. | $2,156,917 | $1,239,815 | |
| Investment in Terminus, Inc. | $530,211 | $530,211 | $530,211 |
| Investment in Technology Operators Fund II LP | $256,604 | $84,865 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| K-1 Tech Ops - Amortization Expense | $44 | $44 | $0 |
| K-1 Tech Ops - Management Fees | $240 | $240 | $0 |
| K-1 Tech Ops - Partnership Expense | $1,089 | $1,089 | $0 |
| K-1 GRA Venture Fund - Consulting | $340 | $340 | $0 |
| K-1 GRA Venture Fund - Other | $20 | $20 | $0 |
| K-1 GRA Venture Fund - Professional Fees | $158 | $158 | $0 |
| K-1 GRA Venture Fund - Consulting | $28 | $28 | $0 |
| K-1 GRA Venture Fund - Other | $3 | $3 | $0 |
| K-1 GRA Venture Fund - Professional Fees | $13 | $13 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Tech Ops II - Tax capital adjustment | $173,112 |
| GRA Venture Fund - Tax capital adjustment | $48,407 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Advice | CategoryTxt |
| Amt | $24,902 | Amt |
| Net Investment Income | $12,451 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $12,451 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Excise Tax | $1,582 | $0 | $0 |
| Foreign Taxes | $1,252 | $626 | $626 |
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