LA CHIAVE FOUNDATION INC: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- LA CHIAVE FOUNDATION INC (EIN 99-4149477)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-04
- IRS object ID
- 202641249349101204
- 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
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-04T07:50:14-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eide Bailly LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 Nicollet Mall Ste 1300 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554027033 | 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 | 994149477 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | La Chiave Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LACH | BusinessNameControlTxt |
| Phone | 7757423127 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 165 West Liberty Street 200 | AddressLine1Txt |
| City | Reno | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89501 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael Melarkey | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 7757423127 | PhoneNum |
| Signature | 2026-04-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Deb Nelson CPA | PreparerPersonNm |
| PTIN | P01264758 | PTIN |
| Phone | 6122536500 | PhoneNum |
| Preparation | 2026-04-30 | PreparationDt |
| 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 | $14,794,797 | 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 | $219,293 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $219,293 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $105,380 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,336,311 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $105,380 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $324,673 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $324,673 | 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 |
| Other Prof Fees Rev And Expnss | $31,240 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $31,240 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $31,240 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $31,240 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $31,240 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $31,240 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $0 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $293,433 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $293,433 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst EOY | $1,879,460 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,879,460 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $0 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,644,395 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,644,395 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,859,104 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,859,104 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,411,838 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,411,838 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $0 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,794,797 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $14,794,797 | 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 | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $14,794,797 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $0 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,794,797 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $0 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,794,797 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $0 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $293,433 | ExcessRevenueOverExpensesAmt |
| Other Increases | $14,805,972 | OtherIncreasesAmt |
| Subtotal | $15,099,405 | SubtotalAmt |
| Other Decreases | $304,608 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $14,794,797 | 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 | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| Charles Schwab - Publicly Traded Securities | $10,870,857 | $11,084,423 | -$213,566 | -$213,566 | |
| Wells Fargo - Publicly Traded Securities | $465,051 | $146,508 | $318,543 | $318,543 | |
| Capital Gains Dividends | $403 | $403 | $403 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $105,380 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,079 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,079 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,079 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | 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 | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $208 | EsPenaltyAmt |
| Tax Due | $4,287 | 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 | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NV | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Michael Melarkey | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7757423127 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 165 West Liberty Street Ste 200 | AddressLine1Txt |
| City | Reno | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89501 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| Michael Melarkey | ||||||||
| 165 West Liberty Street Ste 200 | Reno | NV | 89501 | Director/President | 5.00 | $0 | $0 | $0 |
| Karen Melarkey | ||||||||
| 165 West Liberty Street Ste 200 | Reno | NV | 89501 | Director/Secretary | 2.00 | $0 | $0 | $0 |
| Carolyn Ferraro | ||||||||
| 165 West Liberty Street Ste 200 | Reno | NV | 89501 | Director/Treasurer | 2.00 | $0 | $0 | $0 |
| Gregory Ferraro | ||||||||
| 165 West Liberty Street Ste 200 | Reno | NV | 89501 | Director | 2.00 | $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 | $6,711,297 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,093,756 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,805,053 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,805,053 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $117,076 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,687,977 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $384,399 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $384,399 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,079 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,079 | TotalTaxAmt |
| Distributable Before Adj | $380,320 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $380,320 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $380,320 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $0 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $0 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $380,320 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $280,548 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $379,121 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,096,895 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,263,495 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $6,020,059 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $0 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $0 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $380,320 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $380,320 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,639,739 | 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 | $5,639,739 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $279,349 | ExcessFromYear3Amt |
| Excess From Year2 | $3,096,895 | ExcessFromYear2Amt |
| Excess From Year1 | $2,263,495 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | 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 | $219,293 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $105,380 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $324,673 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $324,673 | 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 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Excess Distribution Carryover | IdentifierTxt |
| Form And Line Reference | Form 990PF, Part XII, Line 3 | FormAndLineReferenceDesc |
| Medium Explanation | La Chiave Foundation received a final asset distribution during 2025 from The Bretzlaff Foundation (EIN 88-0241424). The foundations are considered effectively controlled by the same persons. Therefore, the excess distributions from The Bretzlaff Foundation became those of La Chiave Foundation. Form 990, Part XII, Line 3 reports the excess distributions received from The Bretzlaff Foundation. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (43 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BANK OF AMERICA C | $30,300 | $30,300 |
| GENERAL MOTORS FI | $50,125 | $50,125 |
| NTNL FUEL GAS CO | $50,500 | $50,500 |
| TELEFLEX INC | $49,750 | $49,750 |
| NRG ENERGY INC | $34,956 | $34,956 |
| GENESIS ENERGY | $35,000 | $35,000 |
| TEGNA INC | $49,438 | $49,438 |
| PG&E CORP | $49,688 | $49,688 |
| FLUOR CORP | $34,650 | $34,650 |
| SPRINT CAPITAL | $32,175 | $32,175 |
| SYNCHRONY FINL | $35,409 | $35,409 |
| MURPHY OIL CORP | $52,250 | $52,250 |
| ESSENT GROUP LTD | $31,295 | $31,295 |
| LAS VEGAS SANDS | $34,052 | $34,052 |
| TOLL BROTHERS FIN | $34,452 | $34,452 |
| MICRON TECHNOLOGY | $35,443 | $35,443 |
| SAFEWAY INC | $48,038 | $48,038 |
| BLOCK INC | $32,769 | $32,769 |
| SKYWORKS SOLUTIONS | $49,895 | $49,895 |
| FORD MOTOR CO | $49,551 | $49,551 |
| OCCIDENTAL PETROLEUM | $51,480 | $51,480 |
| THE BOEING CO | $23,698 | $23,698 |
| DICK'S SPORTING GOODS | $50,548 | $50,548 |
| HP INC | $48,522 | $48,522 |
| MGM RESORTS INTL | $51,500 | $51,500 |
| PULTEGROUP INC | $52,875 | $52,875 |
| HUMANA INC | $52,602 | $52,602 |
| WHIRLPOOL CORP | $32,437 | $32,437 |
| ONEMAIN FIN CORP | $30,225 | $30,225 |
| WELLS FARGO & CO | $50,763 | $50,763 |
| JEFFERIES FINL GRP | $52,788 | $52,788 |
| XPO CNW INC | $47,588 | $47,588 |
| HASBRO INC | $53,048 | $53,048 |
| CNO FINL GROUP | $42,333 | $42,333 |
| HF SINCLAIR CORP | $52,118 | $52,118 |
| TAPESTRY INC | $51,003 | $51,003 |
| ONEOK PARTNERS | $32,671 | $32,671 |
| US STEEL CORP | $31,763 | $31,763 |
| TRANSCANADA PIPELINES | $32,061 | $32,061 |
| V.F. CORP | $85,838 | $85,838 |
| FOX CORP | $50,089 | $50,089 |
| DELL INTERNATIONAL | $31,768 | $31,768 |
| VODAFONE GROUP | $31,650 | $31,650 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (146 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALPHABET INC | $94,140 | $94,140 |
| AMERICAN EXPRESS CO | $73,990 | $73,990 |
| ATLANTA BRAVES HLDGS INC | $850 | $850 |
| ATLANTA BRAVES HLDGS INC | $71,010 | $71,010 |
| BELLRING BRANDS INC | $30,285 | $30,285 |
| BERKSHIRE HATHAWAY | $62,831 | $62,831 |
| CNH INDL N V F | $32,270 | $32,270 |
| COMCAST CORP NEW | $38,857 | $38,857 |
| CONOCOPHILLIPS | $18,722 | $18,722 |
| DANA INC | $11,880 | $11,880 |
| DIAGEO PLC F | $31,834 | $31,834 |
| DUPONT DE NEMOURS INC | $26,130 | $26,130 |
| ECHOSTAR CORP | $35,328 | $35,328 |
| ENPRO INC | $21,413 | $21,413 |
| GENUINE PARTS CO | $30,740 | $30,740 |
| GRUPO TELEVISA SAB | $29,100 | $29,100 |
| HCA HEALTHCARE INC | $58,358 | $58,358 |
| HERC HOLDINGS INC | $11,129 | $11,129 |
| HONEYWELL INTL INC | $29,264 | $29,264 |
| ITT INC | $21,689 | $21,689 |
| JOHNSON & JOHNSON | $25,869 | $25,869 |
| JPMORGAN CHASE & CO | $48,333 | $48,333 |
| KNIFE RIVER CORP | $16,181 | $16,181 |
| KRAFT HEINZ CO | $6,063 | $6,063 |
| L3HARRIS TECHNOLOGIES INC | $36,696 | $36,696 |
| MADISON SQUARE GARDEN SPORTS | $64,663 | $64,663 |
| MERCK & CO INC | $21,052 | $21,052 |
| META PLATFORMS INC | $36,305 | $36,305 |
| MIRION TECHNOLOGIES INC | $15,223 | $15,223 |
| MONDELEZ INTL INC | $21,532 | $21,532 |
| NEXTERA ENERGY INC | $40,140 | $40,140 |
| NATL FUEL GAS CO | $22,017 | $22,017 |
| OREILLY AUTOMOTIVE INC | $75,248 | $75,248 |
| OCCIDENTAL PETE CORP | $6,579 | $6,579 |
| PAR TECHNOLOGY CORP | $21,768 | $21,768 |
| PHILIP MORRIS INTL INC | $29,674 | $29,674 |
| PNC FINL SERVICES | $28,179 | $28,179 |
| POST HOLDINGS INC | $39,620 | $39,620 |
| QNITY ELECTRONICS INC | $26,536 | $26,536 |
| REPUBLIC SVCS INC | $63,579 | $63,579 |
| RESIDEO TECHNOLOGIES INC | $49,168 | $49,168 |
| S&P GLOBAL INC | $36,581 | $36,581 |
| HENRY SCHEIN INC | $22,674 | $22,674 |
| SLB LIMITED | $13,433 | $13,433 |
| SOLSTICE ADVANCED MATERIALS | $1,797 | $1,797 |
| SONY FINL GROUP INC ADR | $2,615 | $2,615 |
| SONY GROUP CORP | $64,000 | $64,000 |
| SPECTRUM BRANDS HLDGS INC | $20,678 | $20,678 |
| SPHERE ENTERTAINMENT CO | $23,770 | $23,770 |
| T-MOBILE US INC | $25,380 | $25,380 |
| TELESAT CORP | $23,280 | $23,280 |
| TEXAS INSTRUMENTS INC | $32,096 | $32,096 |
| WARNER BROS DISCOVERY INC | $21,615 | $21,615 |
| WASTE CONNECTIONS INC | $70,144 | $70,144 |
| WELLS FARGO & CO | $37,280 | $37,280 |
| XYLEM INC | $34,045 | $34,045 |
| ZIMMER BIOMET HOLDINGS INC | $17,984 | $17,984 |
| ABBVIE INC | $44,556 | $44,556 |
| ABRDN ASIA PACIFIC INCOM | $31,294 | $31,294 |
| ACCENTURE PLC IRELAND F | $67,612 | $67,612 |
| ADIDAS AG F SPONSORED ADR | $57,531 | $57,531 |
| AES CORP | $157,310 | $157,310 |
| ALIBABA GROUP HLDG LTD ADR | $48,958 | $48,958 |
| ALPHABET INC | $331,059 | $331,059 |
| AMAZON.COM INC | $260,365 | $260,365 |
| APPLE INC | $159,582 | $159,582 |
| ASML HOLDING NV ADR | $114,475 | $114,475 |
| ATLAS ENERGY SOLUTIONS | $16,815 | $16,815 |
| BANK OF AMERICA 6% PFD | $9,613 | $9,613 |
| BANK OF AMERICA CORP | $89,375 | $89,375 |
| BAXTER INTL INC | $55,228 | $55,228 |
| BLACKROCK INC | $50,306 | $50,306 |
| CHEMED CORP NEW | $33,373 | $33,373 |
| CHUBB LTD | $40,576 | $40,576 |
| CISCO SYSTEMS INC | $83,578 | $83,578 |
| CITIGROUP INC | $67,097 | $67,097 |
| CRH PUBLIC LTD CO | $49,296 | $49,296 |
| CUMMINS INC | $95,965 | $95,965 |
| DELL TECHNOLOGIES INC | $77,416 | $77,416 |
| DELTA AIR LINES INC | $88,485 | $88,485 |
| DEUTSCHE BANK MEXICO ORD | $28,923 | $28,923 |
| DIAMONDBACK ENERGY INC | $70,204 | $70,204 |
| DISNEY WALT CO | $183,170 | $183,170 |
| DOCUSIGN INC | $99,522 | $99,522 |
| EBAY INC | $42,679 | $42,679 |
| ENBRIDGE INC | $26,307 | $26,307 |
| FEDEX CORP | $224,733 | $224,733 |
| GENERAL DYNAMICS CORP | $42,756 | $42,756 |
| HERC HOLDINGS INC | $58,017 | $58,017 |
| HESS MIDSTREAM LP | $22,425 | $22,425 |
| JACOBS SOLUTIONS INC | $74,575 | $74,575 |
| JOHNSON & JOHNSON | $82,366 | $82,366 |
| JPMORGAN CHASE & CO | $68,633 | $68,633 |
| KENNEDY-WILSON HLDGS INC | $22,579 | $22,579 |
| LOWES COS INC | $65,837 | $65,837 |
| LULULEMON ATHLETICA INC | $137,155 | $137,155 |
| LXP INDUSTRIAL TRUST REIT | $19,584 | $19,584 |
| M&T BANK CORP | $33,647 | $33,647 |
| MERCK & CO INC | $132,101 | $132,101 |
| MICROSOFT CORP | $159,111 | $159,111 |
| MS EMERGING MARKETS DOMES | $34,426 | $34,426 |
| NETAPP INC | $25,166 | $25,166 |
| NEWMONT CORP | $30,954 | $30,954 |
| NIKE INC | $179,025 | $179,025 |
| NOVO-NORDISK AS ADR | $35,870 | $35,870 |
| NVIDIA CORP | $149,200 | $149,200 |
| ONEOK INC | $32,708 | $32,708 |
| ONESTREAM INC | $146,029 | $146,029 |
| ORACLE CORP | $22,220 | $22,220 |
| OTIS WORLDWIDE CORP | $50,663 | $50,663 |
| PALO ALTO NETWORKS INC | $69,812 | $69,812 |
| PAYPAL HOLDINGS INC | $115,009 | $115,009 |
| PEPSICO INC | $65,445 | $65,445 |
| PFIZER INC | $98,355 | $98,355 |
| PLAINS GP HOLDINGS LP | $33,017 | $33,017 |
| PRADA SPA ADR | $50,888 | $50,888 |
| QUALCOMM INC | $92,880 | $92,880 |
| RH | $130,780 | $130,780 |
| SHELL PLC | $61,723 | $61,723 |
| SPROTT PHYSICAL GLD SILVR | $49,922 | $49,922 |
| TAIWAN SEMICONDUCTOR ADR | $58,347 | $58,347 |
| TC ENERGY CORP | $28,330 | $28,330 |
| TEMPLETON EMERGING MKTS | $34,895 | $34,895 |
| TOTALENERGIES SE | $25,841 | $25,841 |
| UBER TECHNOLOGIES INC | $109,491 | $109,491 |
| VEEVA SYSTEMS INC | $98,668 | $98,668 |
| WAL-MART DE MEXICO ADR | $80,886 | $80,886 |
| Abbott Laboratories | $84,571 | $84,571 |
| AbbVie Inc | $126,355 | $126,355 |
| Alphabet Inc Voting Cap Stk Class A | $273,875 | $273,875 |
| American Express Company | $135,032 | $135,032 |
| Apple Inc | $149,523 | $149,523 |
| Automatic Data Processing | $122,184 | $122,184 |
| Berkshire Hathaway Inc Series B New | $209,605 | $209,605 |
| Caterpillar Inc | $128,896 | $128,896 |
| Chevron Corporation | $45,723 | $45,723 |
| Deere & Co | $130,360 | $130,360 |
| Genuine Parts Co | $46,725 | $46,725 |
| Illinois Tool Works Inc | $56,649 | $56,649 |
| McDonalds Corp | $95,662 | $95,662 |
| Microsoft Corp | $116,069 | $116,069 |
| Norfolk Southern Corp | $60,342 | $60,342 |
| Paychex Inc | $33,093 | $33,093 |
| Progressive Corp Ohio | $113,860 | $113,860 |
| Trane Technologies PLC | $199,660 | $199,660 |
| Waste Management Inc | $109,855 | $109,855 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (23 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AMERICAN TOWER CORP NEW | FMV | $17,557 | $17,557 |
| VANGUARD S&P 500 ETF | FMV | $203,190 | $203,190 |
| DOUBLELINE MORTGAGE ETF | FMV | $67,034 | $67,034 |
| GLOBAL X MLP & ENERGY | FMV | $24,515 | $24,515 |
| GLOBAL X MLP ETF | FMV | $47,926 | $47,926 |
| ISHARES FLEXIBLE INCOME | FMV | $66,226 | $66,226 |
| ISHARES 1-3 YR TREASURY | FMV | $99,384 | $99,384 |
| ISHARES 3-7 YR TREASURY | FMV | $99,896 | $99,896 |
| JANUS HENDERSON AAA CLO | FMV | $115,575 | $115,575 |
| PIMCO MULTISECTOR BOND | FMV | $33,483 | $33,483 |
| SIMPLIFY MBS ETF | FMV | $66,541 | $66,541 |
| VANECK JPM EM LOCAL CURR | FMV | $33,824 | $33,824 |
| AGNC INVT CORP REIT | FMV | $18,974 | $18,974 |
| AMERICAN TOWER CORP REIT | FMV | $37,748 | $37,748 |
| AVALONBAY COMMUNITIES REIT | FMV | $70,167 | $70,167 |
| EQUITY LIFESTYLE PPTYS REIT | FMV | $24,850 | $24,850 |
| REALTY INCOME CORP REIT | FMV | $24,239 | $24,239 |
| REDWOOD TRUST INC REIT | FMV | $27,788 | $27,788 |
| T-MOBILE USA 5.5% PFD | FMV | $18,204 | $18,204 |
| T-MOBILE USA 5.5% PFD | FMV | $30,649 | $30,649 |
| T-MOBILE USA 6.25% PFD | FMV | $13,101 | $13,101 |
| VICI PROPERTIES INC REIT | FMV | $28,120 | $28,120 |
| Goldman Sach Finl Square Treas Oblig Class I | FMV | $242,847 | $242,847 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Change in Basis | Desc |
| Amt | $304,608 | Amt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Transfer of assets from The Bretzlaff Foundation | $14,093,026 |
| Unrealized Gain/Loss | $712,946 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Managment Fees | CategoryTxt |
| Amt | $31,240 | Amt |
| Net Investment Income | $31,240 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |