JAY FARNER FAMILY FOUNDATION: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- JAY FARNER FAMILY FOUNDATION (EIN 33-2480930)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-08
- IRS object ID
- 202631299349100703
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-08T23:26:57-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 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 | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 332480930 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Jay Farner Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | JAYF | 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 | Jay D Farner | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2026-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
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 | 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 | $27,135,941 | 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 | $9,962,947 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $413,228 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $413,228 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $806,410 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $806,410 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,369,484 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $14,124,285 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $8,425,945 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $12,552,069 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,645,583 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $12,571 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $12,571 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $141,800 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $3,389 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,389 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $29,759 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $29,759 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $187,519 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $45,719 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $433,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $433,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $620,519 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $478,719 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $11,931,550 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,645,583 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,720,578 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $17,268,918 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $17,268,918 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $13,803,465 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,962,947 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,867,023 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $15,524,043 | TotalAssetsBOYAmt |
| Total Assets EOY | $27,231,865 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $27,135,941 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $223,728 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $223,728 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $15,300,315 | RetainedEarningBOYAmt |
| Retained Earning EOY | $27,231,865 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,300,315 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $27,231,865 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $15,524,043 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $27,231,865 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,300,315 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $11,931,550 | ExcessRevenueOverExpensesAmt |
| Subtotal | $27,231,865 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $27,231,865 | 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 | $14,124,285 | GrossSalesPriceAmt |
| Cost Or Other Basis | $5,698,340 | CostOrOtherBasisAmt |
| Gain Or Loss | $8,425,945 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $8,425,945 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $8,425,945 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $134,074 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $134,074 | SubtotalAmt |
| Tax Based On Investment Income | $134,074 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $120,661 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $120,661 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $502 | EsPenaltyAmt |
| Tax Due | $13,915 | TaxDueAmt |
| Refund | $0 | RefundAmt |
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 | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MI | 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 |
|---|---|---|---|---|---|---|---|---|
| Jay Farner | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir | 1.0 | $0 | $0 | $0 |
| Ashley Mousseau | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Nicole Vallianatos | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec, Treas | 1.0 | $0 | $0 | $0 |
| 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 | $6,608,346 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $10,412,005 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,020,351 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $17,020,351 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $255,305 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,765,046 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $838,252 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $838,252 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $134,074 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $134,074 | TotalTaxAmt |
| Distributable Before Adj | $704,178 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $704,178 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $704,178 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $478,719 | 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 | $478,719 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $704,178 | DistributableAsAdjustedAmt |
| Prior Year1 | 2023 | PriorYear1Yr |
| Prior Year2 | 2022 | PriorYear2Yr |
| Prior Year3 | 2021 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $73,882 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $73,882 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $478,719 | QualifyingDistributionsAmt |
| Applied To Current Year | $478,719 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $73,882 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $73,882 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $151,577 | UndistributedIncomeCYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Jay Farner | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CHALLENGED ATHLETES INC | |||||||
| 9591 WAPLES ST | SAN DIEGO | CA | 92121 | N/A | PC | General & Unrestricted | $100,000 |
| CHALLENGED ATHLETES INC | |||||||
| 9591 WAPLES ST | SAN DIEGO | CA | 92121 | N/A | PC | Charitable Event | $25,000 |
| CLEVELAND CLINIC FOUNDATION | |||||||
| PO BOX 931517 | CLEVELAND | OH | 44193 | N/A | PC | Breast Cancer Program | $250,000 |
| THE LEUKEMIA & LYMPHOMA SOCIETY | |||||||
| 3 INTERNATIONAL DR STE 200 | RYE BROOK | NY | 10573 | N/A | PC | General & Unrestricted | $58,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $433,000 | 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 | $413,228 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $806,410 | 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 | $1,369,484 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,589,122 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,589,122 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Farner Jay | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3950 Franklin Rd | AddressLine1Txt |
| City | Bloomfield Hills | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48302 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $9,962,947 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (81 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | GENERAL ELECTRIC CO GE, 280 sh. | $87,289 | 2025-12-30 |
| 1 | HCA INC HCA, 12 sh. | $5,673 | 2025-12-30 |
| 1 | CARDINAL HEALTH INC CAH, 320 sh. | $66,573 | 2025-12-30 |
| 1 | CATERPILLAR INC CAT, 7 sh. | $4,048 | 2025-12-30 |
| 1 | APPLIED MATERIALS INC AMAT, 31 sh. | $8,134 | 2025-12-30 |
| 1 | MCKESSON CORP MCK, 113 sh. | $93,775 | 2025-12-30 |
| 1 | CARNIVAL CORP CCL, 2081 sh. | $64,209 | 2025-12-30 |
| 1 | GOLDMAN SACHS GROUP GS, 35 sh. | $31,084 | 2025-12-30 |
| 1 | ANGLOGOLD ASHANTI LTD AU, 1425 sh. | $124,032 | 2025-12-30 |
| 1 | FREEPORT-MCMORAN COPPER & GOLD INC FCX, 129 sh. | $6,658 | 2025-12-30 |
| 1 | BANCO SANTANDER CEN SAN, 11598 sh. | $137,726 | 2025-12-30 |
| 1 | ING GROUP N V SPONSORED ADR ING, 294 sh. | $8,288 | 2025-12-30 |
| 1 | HITACHI LTD HTHIY, 490 sh. | $15,553 | 2025-12-30 |
| 1 | ASML HOLDING NV NY REG SHS ASML, 7 sh. | $7,548 | 2025-12-30 |
| 1 | CONSTELLATION ENERGY GROUP INC CEG, 172 sh. | $61,575 | 2025-12-30 |
| 1 | MORGAN STANLEY MS, 110 sh. | $19,725 | 2025-12-30 |
| 1 | O'REILLY AUTOMOTIVE INC ORLY, 345 sh. | $31,536 | 2025-12-30 |
| 1 | BANCO BILBAO ARG SA BBVA, 1627 sh. | $38,235 | 2025-12-30 |
| 1 | MICRON TECHNOLOGY MU, 1412 sh. | $417,133 | 2025-12-30 |
| 1 | ELI LILLY & CO LLY, 451 sh. | $485,826 | 2025-12-30 |
| 1 | BARCLAYS PLC ADR BCS, 428 sh. | $10,969 | 2025-12-30 |
| 1 | UBS AG UBS, 214 sh. | $9,982 | 2025-12-30 |
| 1 | APPLE INC AAPL, 283 sh. | $77,310 | 2025-12-30 |
| 1 | PARKER HANNIFIN CP PH, 52 sh. | $46,366 | 2025-12-30 |
| 1 | KLA TENCOR CORP KLAC, 44 sh. | $55,194 | 2025-12-30 |
| 1 | TJX COMPANIES INC TJX, 4 sh. | $623 | 2025-12-30 |
| 1 | CANADIAN NATURAL RESOURCES LTD CNQ, 294 sh. | $9,917 | 2025-12-30 |
| 1 | CAMECO CORPORATION CCJ, 236 sh. | $21,815 | 2025-12-30 |
| 1 | NUCOR CP NUE, 30 sh. | $4,981 | 2025-12-30 |
| 1 | HARMONY GOLD MNG A HMY, 45 sh. | $914 | 2025-12-30 |
| 1 | SOUTHERN COPPER CORP SCCO, 16 sh. | $2,356 | 2025-12-30 |
| 1 | AMPHENOL CORPORATION APH, 164 sh. | $22,451 | 2025-12-30 |
| 1 | ADVANCED MICRO DEVICES INC AMD, 116 sh. | $25,007 | 2025-12-30 |
| 1 | ERSTE BK DER OEST SP EBKDY, 1521 sh. | $91,948 | 2025-12-30 |
| 1 | NRG ENERGY NRG, 544 sh. | $87,464 | 2025-12-30 |
| 1 | NVIDIA CORP NVDA, 9090 sh. | $1,708,556 | 2025-12-30 |
| 1 | UNITED RENTALS INC URI, 9 sh. | $7,371 | 2025-12-30 |
| 1 | ROLLS ROYCE GRP PLC S/ADR RYCEY, 231 sh. | $3,615 | 2025-12-30 |
| 1 | AMERIPRISE FINANCIAL INC AMP, 12 sh. | $5,956 | 2025-12-30 |
| 1 | CADENCE DESIGN SYSTEMS INC CDNS, 25 sh. | $7,927 | 2025-12-30 |
| 1 | NETFLIX INC NFLX, 4490 sh. | $420,556 | 2025-12-30 |
| 1 | TRANSDIGM GRP INC TDG, 7 sh. | $9,185 | 2025-12-30 |
| 1 | ABB LTD ABBNY, 36 sh. | $2,691 | 2025-12-30 |
| 1 | COMMERZBANK AG-SPONS ADR CRZBY, 595 sh. | $25,291 | 2025-12-30 |
| 1 | ADVANTEST CORP - ADR ATEYY, 1223 sh. | $154,774 | 2025-12-30 |
| 1 | MITSUI & COMPANY, LTD. - ADR MITSY, 28 sh. | $16,792 | 2025-12-30 |
| 1 | PUBLICIS GROUPE S.A PUBGY, 190 sh. | $4,961 | 2025-12-30 |
| 1 | STANDARD CHARTERED SCBFY, 200 sh. | $10,031 | 2025-12-30 |
| 1 | MARATHON PETROLEUM CORP MPC, 110 sh. | $18,019 | 2025-12-30 |
| 1 | META PLATFORMS INC META, 1066 sh. | $708,922 | 2025-12-30 |
| 1 | ELBIT SYSTEMS LTD ESLT, 92 sh. | $53,345 | 2025-12-30 |
| 1 | DIAMONDBACK ENERGY INC FANG, 47 sh. | $7,091 | 2025-12-30 |
| 1 | SYNCHRONY FINANCIAL SYF, 97 sh. | $8,194 | 2025-12-30 |
| 1 | ARISTA NETWORKS ANET, 560 sh. | $74,710 | 2025-12-30 |
| 1 | ALPHABET INC CL A GOOGL, 400 sh. | $125,882 | 2025-12-30 |
| 1 | ALPHABET INC CL A GOOGL, 660 sh. | $207,705 | 2025-12-30 |
| 1 | ALPHABET INC CL C GOOG, 440 sh. | $138,809 | 2025-12-30 |
| 1 | CYBERARK SOFTWARE LTD CYBR, 9 sh. | $4,065 | 2025-12-30 |
| 1 | MEDIOBANCA SPA MDIBY, 272 sh. | $5,686 | 2025-12-30 |
| 1 | JOHNSON CONTROLS INTERNATIONAL PLC JCI, 80 sh. | $9,722 | 2025-12-30 |
| 1 | ACS ACTIVIDADES CO UNSP ADR ACSAY, 2053 sh. | $41,039 | 2025-12-30 |
| 1 | TAPESTRY INC TPR, 333 sh. | $43,247 | 2025-12-30 |
| 1 | UNICREDIT SPA UNCRY, 1973 sh. | $82,442 | 2025-12-30 |
| 1 | MITSUBISHI UFJ FINANCIAL GROUP INC ADR MUFG, 294 sh. | $4,683 | 2025-12-30 |
| 1 | BROADCOM INC AVGO, 1090 sh. | $382,579 | 2025-12-30 |
| 1 | BROADCOM INC AVGO, 3780 sh. | $1,326,742 | 2025-12-30 |
| 1 | PRYSMIAN SPA MILANO PRYMY, 93 sh. | $4,723 | 2025-12-30 |
| 1 | GDS HOLDINGS LTD GDS, 949 sh. | $32,835 | 2025-12-30 |
| 1 | NATWEST GROUP ADR NWG, 370 sh. | $6,527 | 2025-12-30 |
| 1 | Palantir Technologies Inc PLTR, 592 sh. | $108,167 | 2025-12-30 |
| 1 | FUTU HOLDING ADR FUTU, 345 sh. | $57,496 | 2025-12-30 |
| 1 | SEAGATE TECHNOLOGY HOLDINGS PLC STX, 228 sh. | $64,254 | 2025-12-30 |
| 1 | ACCELLERON INDS ADR ACLLY, 73 sh. | $5,669 | 2025-12-30 |
| 1 | GE VERNOVA GEV, 73 sh. | $48,464 | 2025-12-30 |
| 1 | HEIDELBERG MATERIALS AG ADR HDLMY, 993 sh. | $52,165 | 2025-12-30 |
| 1 | CAPITAL ONE FINANCIAL CORP COF, 67 sh. | $16,410 | 2025-12-30 |
| 1 | MICROSOFT CORP MSFT, 323 sh. | $157,492 | 2025-12-30 |
| 1 | MICROSOFT CORP MSFT, 411 sh. | $199,631 | 2025-12-31 |
| 1 | ASHTEAD GROUP PLC SPONRD ADS ASHGY, 240 sh. | $16,978 | 2025-12-31 |
| 1 | BROADCOM INC AVGO, 3054 sh. | $1,061,723 | 2025-12-31 |
| 1 | INTERACTIVE BROKERS GROUP, INC IBKR, 5067 sh. | $327,911 | 2025-12-31 |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (77 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABB LTD | $2,691 | $2,663 |
| ACCELLERON INDS ADR | $5,669 | $5,674 |
| ACS ACTIVIDADES CO UNSP ADR | $41,039 | $40,773 |
| ADVANCED MICRO DEVICES INC | $25,007 | $24,843 |
| ADVANTEST CORP - ADR | $154,774 | $153,202 |
| ALPHABET INC CL A | $333,587 | $331,780 |
| ALPHABET INC CL C | $138,809 | $138,072 |
| AMERIPRISE FINANCIAL INC | $5,956 | $5,884 |
| AMPHENOL CORPORATION | $22,451 | $22,163 |
| ANGLOGOLD ASHANTI LTD | $124,032 | $121,524 |
| APPLE INC | $77,310 | $76,936 |
| APPLIED MATERIALS INC | $8,134 | $7,967 |
| ARISTA NETWORKS | $74,710 | $73,377 |
| ASHTEAD GROUP PLC SPONRD ADS | $16,978 | $16,978 |
| ASML HOLDING NV NY REG SHS | $7,548 | $7,489 |
| BANCO BILBAO ARG SA | $38,235 | $37,925 |
| BANCO SANTANDER CEN | $137,726 | $136,045 |
| BARCLAYS PLC ADR | $10,969 | $10,893 |
| BROADCOM INC | $2,771,043 | $2,742,496 |
| CADENCE DESIGN SYSTEMS INC | $7,927 | $7,815 |
| CAMECO CORPORATION | $21,815 | $21,592 |
| CANADIAN NATURAL RESOURCES LTD | $9,917 | $9,952 |
| CAPITAL ONE FINANCIAL CORP | $16,410 | $16,238 |
| CARDINAL HEALTH INC | $66,573 | $65,760 |
| CARNIVAL CORP | $64,209 | $63,554 |
| CATERPILLAR INC | $4,048 | $4,010 |
| COMMERZBANK AG-SPONS ADR | $25,291 | $25,204 |
| CONSTELLATION ENERGY GROUP INC | $61,575 | $60,762 |
| CYBERARK SOFTWARE LTD | $4,065 | $4,015 |
| DIAMONDBACK ENERGY INC | $7,091 | $7,066 |
| ELBIT SYSTEMS LTD | $53,345 | $53,149 |
| ELI LILLY & CO | $485,826 | $484,681 |
| ERSTE BK DER OEST SP | $91,948 | $91,625 |
| FREEPORT-MCMORAN COPPER & GOLD | $6,658 | $6,552 |
| FUTU HOLDING ADR | $57,496 | $56,652 |
| GDS HOLDINGS LTD | $32,835 | $33,120 |
| GE VERNOVA | $48,464 | $47,711 |
| GENERAL ELECTRIC CO | $87,289 | $86,248 |
| GOLDMAN SACHS GROUP | $31,084 | $30,765 |
| HARMONY GOLD MNG A | $914 | $896 |
| HCA INC | $5,673 | $5,602 |
| HEIDELBERG MATERIALS AG ADR | $52,165 | $52,014 |
| HITACHI LTD | $15,553 | $15,288 |
| ING GROUP N V SPONSORED ADR | $8,288 | $8,232 |
| INTERACTIVE BROKERS GROUP, INC | $327,911 | $325,859 |
| JOHNSON CONTROLS INTERNATIONAL | $9,722 | $9,580 |
| KLA TENCOR CORP | $55,194 | $53,464 |
| MARATHON PETROLEUM CORP | $18,019 | $17,889 |
| MCKESSON CORP | $93,775 | $92,693 |
| MEDIOBANCA SPA | $5,686 | $5,627 |
| META PLATFORMS INC | $708,922 | $703,656 |
| MICRON TECHNOLOGY | $417,133 | $402,999 |
| MICROSOFT CORP | $357,122 | $354,977 |
| MITSUBISHI UFJ FINANCIAL GROUP | $4,683 | $4,663 |
| MITSUI & COMPANY, LTD. - ADR | $16,792 | $16,419 |
| MORGAN STANLEY | $19,725 | $19,528 |
| NATWEST GROUP ADR REPRESENTING | $6,527 | $6,475 |
| NETFLIX INC | $420,556 | $420,982 |
| NRG ENERGY | $87,464 | $86,627 |
| NUCOR CP | $4,981 | $4,893 |
| NVIDIA CORP | $1,708,555 | $1,695,285 |
| O'REILLY AUTOMOTIVE INC | $31,536 | $31,467 |
| PALANTIR TECHNOLOGIES INC | $108,167 | $105,228 |
| PARKER HANNIFIN CP | $46,366 | $45,706 |
| PRYSMIAN SPA MILANO | $4,723 | $4,717 |
| PUBLICIS GROUPE S.A | $4,961 | $4,917 |
| ROLLS ROYCE GRP PLC S/ADR | $3,615 | $3,631 |
| SEAGATE TECHNOLOGY HOLDINGS PL | $64,254 | $62,789 |
| SOUTHERN COPPER CORP | $2,356 | $2,296 |
| STANDARD CHARTERED | $10,031 | $9,892 |
| SYNCHRONY FINANCIAL | $8,194 | $8,093 |
| TAPESTRY INC | $43,247 | $42,547 |
| TJX COMPANIES INC | $623 | $614 |
| TRANSDIGM GRP INC | $9,185 | $9,309 |
| UBS AG | $9,982 | $9,910 |
| UNICREDIT SPA | $82,442 | $81,820 |
| UNITED RENTALS INC | $7,371 | $7,284 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foundation Formation/1023 Prep | CategoryTxt |
| Legal Fees | $12,571 | LegalFeesAmt |
| Disbursements Charitable Prps | $12,571 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $29,739 | $29,739 |
| State or Local Filing Fees | $20 | $20 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OUTSTANDING OPTIONS | Desc |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2025 | $120,600 |
| 990-PF Extension for 2024 | $21,200 |