WALLACE GENETIC FOUNDATION II INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- WALLACE GENETIC FOUNDATION II INC (EIN 81-4236372)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-04-16
- IRS object ID
- 202531069349100128
- Schema version
- 2024v5.1
- 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
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Expln Of Non Filing With AG Stmt
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-16T14:55:12-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 521738520 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LANE & COMPANY CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5335 WISCONSIN AVE NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20015 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 814236372 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WALLACE GENETIC FOUNDATION II INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WALL | BusinessNameControlTxt |
| Phone | 2029662932 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4910 MASSACHUSETTS AVE NW 221 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20016 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID W DOUGLAS | PersonNm |
| Person Title | PRESIDENT & TREASURER | PersonTitleTxt |
| Phone | 2029662932 | PhoneNum |
| Signature | 2025-04-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT E LANE | PreparerPersonNm |
| PTIN | P01622353 | PTIN |
| Phone | 2026172615 | PhoneNum |
| Preparation | 2025-04-16 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $99,458,180 | 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 | $612,918 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $612,918 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,311,384 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $13,177,592 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,311,384 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $3,924,302 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,924,302 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $145,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $16,449 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $0 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $22,350 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $347,468 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $344,496 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $19,276 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $46,004 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $13,022 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $609,569 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $344,496 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,422,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,422,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,031,569 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $344,496 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,422,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,107,267 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,579,806 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $944,869 | CashBOYAmt |
| Cash EOY | $657,795 | CashEOYAmt |
| Cash EOYFMV | $657,795 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $495,692 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,971,553 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,971,553 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $84,728,914 | CorporateStockBOYAmt |
| Corporate Stock EOY | $95,828,832 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $95,828,832 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $86,169,475 | TotalAssetsBOYAmt |
| Total Assets EOY | $99,458,180 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $99,458,180 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $86,169,475 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $99,458,180 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $86,169,475 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $99,458,180 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $86,169,475 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $99,458,180 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $86,169,475 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,107,267 | ExcessRevenueOverExpensesAmt |
| Other Increases | $15,395,972 | OtherIncreasesAmt |
| Subtotal | $99,458,180 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $99,458,180 | 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 | $13,177,592 | GrossSalesPriceAmt |
| Cost Or Other Basis | $9,866,208 | CostOrOtherBasisAmt |
| Gain Or Loss | $3,311,384 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $3,311,384 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,311,384 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $49,759 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $49,759 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $49,759 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $30,836 | 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 | $30,836 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $18,923 | 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 | DC | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | 0 | 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 | WWW.WALLACEGENETIC.ORG | WebsiteAddressTxt |
| Individual With Books | THE ORGANIZATION | IndividualWithBooksNm |
| Phone | 2029662932 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4910 MASSACHUSETTS AVE NW STE 221 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20016 | 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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| DAVID W DOUGLAS | ||||||||
| 4910 MASSACHUSETTS AVE NW STE 221 | WASHINGTON | DC | 20016 | PRESIDENT & TREASURER | 7.00 | $0 | $0 | $0 |
| DEBORAH SMITH DOUGLAS | ||||||||
| 4910 MASSACHUSETTS AVE NW STE 221 | WASHINGTON | DC | 20016 | VICE PRESIDENT & SECRETARY | 3.00 | $0 | $0 | $0 |
| MICHAELA OLDFIELD | ||||||||
| 4910 MASSACHUSETTS AVE NW STE 221 | WASHINGTON | DC | 20016 | EXECUTIVE DIRECTOR | 24.00 | $145,000 | $4,350 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN STANLEY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1585 BROADWAY | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $337,993 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $92,260,560 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,757,360 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $95,017,920 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $95,017,920 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,425,269 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $93,592,651 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,679,633 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,679,633 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $49,759 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $49,759 | TotalTaxAmt |
| Distributable Before Adj | $4,629,874 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $4,629,874 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $4,629,874 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,422,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $5,422,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,629,874 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $612,305 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $81,899 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $406,785 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $575,190 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,676,179 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,422,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $4,629,874 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $792,126 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,468,305 | 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 | $2,468,305 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $612,305 | ExcessFromYear4Amt |
| Excess From Year3 | $81,899 | ExcessFromYear3Amt |
| Excess From Year2 | $406,785 | ExcessFromYear2Amt |
| Excess From Year1 | $575,190 | ExcessFromYear1Amt |
| Excess From Current Year | $792,126 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (62 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|
| APPALACHIAN VOICES | |||||||||
| 812 E HIGH ST | CHARLOTTESVILLE | VA | 22902 | PC | GENERAL SUPPORT | $25,000 | |||
| BREAD FOR THE WORLD INSTITUTE | |||||||||
| 425 3RD ST SW STE 1200 | WASHINGTON | DC | 20024 | PC | INTERFAITH WORKING GROUP ON FOREIGN ASSISTANCE | $50,000 | |||
| CATHOLIC RELIEF SERVICES | |||||||||
| 228 W LEXINGTON ST | BALTIMORE | MD | 21201 | PC | WASH IN HEALTHCARE FACILITIES | $410,000 | |||
| CERES INC | |||||||||
| 99 CHAUNCY ST 6TH FL | BOSTON | MA | 02111 | PC | FEDERAL POLICY EDUCATION PROGRAM | $250,000 | |||
| COLLEGE OF WOOSTER | |||||||||
| 110 N BEVER ST | WOOSTER | OH | 44691 | PC | EX UNO FONTE FUND | $100,000 | |||
| CONSERVATION FUND | |||||||||
| 1655 N FORT MYER DR STE 1300 | ARLINGTON | VA | 22209 | PC | JOHN SMITH WATER TRAIL | $25,000 | |||
| CONSERVATION LANDS FOUNDATION | |||||||||
| 835 E 2ND AVE STE 314 | DURANGO | CO | 81301 | PC | GENERAL SUPPORT | $75,000 | |||
| CORNELL UNIVERSITY | |||||||||
| 377 PINE TREE RD | ITHACA | NY | 14850 | PC | INTERNATIONAL PROGRAM OF COLLEGE OF AG & LIFE SCIENCES | $25,000 | |||
| CORTEVA AGRISCIENCE FOUNDATION | |||||||||
| PO BOX 1000 | JOHNSTON | IA | 51031 | PF | AGRICULTURAL GENETIC TRAINING | $100,000 | |||
| DESERT RESEARCH INSTITUTE | |||||||||
| 2215 RAGGIO PKWY | RENO | NV | 89512 | PC | CIWAS-CIRCUIT RIDERS, WASH IN HEALTHCARE FACILITIES, UWASH | $120,000 | |||
| EARTHJUSTICE | |||||||||
| 50 CALIFORNIA ST STE 500 | SAN FRANCISCO | CA | 94111 | PC | GENERAL SUPPORT | $75,000 | |||
| ECOPEACE MIDDLE EAST ENVIRONMENTAL NGO FORUM | |||||||||
| PC | GENERAL SUPPORT | $25,000 | MENACHIM BEGAN RD 9 PO BOX 51293 | TEL AVIV | IS | ||||
| END FUND | |||||||||
| 2 PARK AVE 18TH FL | NEW YORK | NY | 10016 | PC | GENERAL SUPPORT | $100,000 | |||
| ENGINEERS WITHOUT BORDERS | |||||||||
| 1031 33RD STE 210 | DENVER | CO | 80205 | PC | WASH IN HEALTHCARE FACILITIES | $100,000 | |||
| ENVIRONMENTAL DEFENSE FUND | |||||||||
| 257 PARK AVE S | NEW YORK | NY | 10010 | PC | NEW MEXICO WATER RESILIENCE | $50,000 | |||
| ENVIRONMENTAL FILM FESTIVAL | |||||||||
| 1800 M ST NW PO BOX 33309 | WASHINGTON | DC | 20036 | PC | GENERAL SUPPORT | $25,000 | |||
| ENVIRONMENTAL INTEGRITY PROJECT | |||||||||
| 1000 VERMONT AVE NW STE 1100 | WASHINGTON | DC | 20005 | PC | GENERAL SUPPORT | $30,000 | |||
| ENVIRONMENTAL PROTECTION NETWORK | |||||||||
| 3100 ELLICOTT ST NW | WASHINGTON | DC | 20008 | PC | GENERAL SUPPORT | $80,000 | |||
| EPIPHANY SCHOOL | |||||||||
| 154 CENTRE ST | DORCHESTER | MA | 02124 | PC | GARDENS & GREENHOUSE PROGRAM | $40,000 | |||
| FAMILY HEALTH INTERNATIONAL | |||||||||
| 359 BLACKWELL ST | DURHAM | NC | 27701 | PC | GLOBAL HANDWASHING PARTNERSHIP | $50,000 | |||
| FRANCES PERKINS CENTER | |||||||||
| PO BOX 281 | NEWCASTLE | ME | 04553 | PC | GENERAL SUPPORT | $50,000 | |||
| FRIENDS OF BLACKWATER INC | |||||||||
| 571 DOUGLAS RD | THOMAS | WV | 26292 | PC | ADVOCACY AND COMMUNICATIONS | $25,000 | |||
| FRIENDS OF CEDAR MESA | |||||||||
| PO BOX 338 | BLUFF | UT | 84512 | PC | GENERAL SUPPORT | $50,000 | |||
| GLOBAL ENVIRONMENT & TECHNOLOGY FOUNDATION | |||||||||
| 2900 S QUINCY ST STE 375 | ARLINGTON | VA | 22206 | PC | DAVID ROCK GLOBAL WATER FUND | $200,000 | |||
| GLOBAL HEALTH COUNCIL | |||||||||
| 1199 N FAIRFAX ST STE 300 | ALEXANDRIA | VA | 22314 | PC | ADVOCACY, GLOBAL HEALTH AND WASH IN HCF | $60,000 | |||
| GRAND STAIRCASE ESCALANTE PARTNERS | |||||||||
| 310 S 100 E STE 7 | KANAB | UT | 84741 | PC | GENERAL SUPPORT | $50,000 | |||
| GREATER DES MOINES BOTANICAL GARDEN | |||||||||
| 909 ROBERT D RAY DR | DES MOINES | IA | 50309 | PC | GENERAL SUPPORT | $20,000 | |||
| GREEN AMENDMENTS FOR THE GENERATIONS | |||||||||
| 925 CANAL ST STE 3701 | BRISTOL | PA | 19007 | PC | GENERAL SUPPORT | $25,000 | |||
| GUANACASTE DRY FOREST CONSERVATION FUND | |||||||||
| 4780 MAIN RD | HUNTINGTON | VT | 05462 | PC | BIOMAR PROJECT | $25,000 | |||
| H20 FOR LIFE | |||||||||
| 4756 BANNING AVE STE 207 | WHITE BEAR LAKE | MN | 55110 | PC | GENERAL SUPPORT | $105,000 | |||
| INTERACTION | |||||||||
| 1400 16TH ST NW STE 210 | WASHINGTON | DC | 20036 | PC | WASH WORKING GROUP | $35,000 | |||
| IOWA NATIONAL HERITAGE FOUNDATION | |||||||||
| 505 5TH AVE STE 444 | DES MOINES | IA | 50309 | PC | GENERAL SUPPORT | $15,000 | |||
| MICHIGAN STATE UNIVERSITY | |||||||||
| 426 AUDITORIUM RD RM 301 | EAST LANSING | MI | 48824 | PC | TECHNICAL CAPACITY BUILDING | $25,000 | |||
| MEDIA MATTERS FOR AMERICA | |||||||||
| 1625 MASSACHUSETTS AVE NW STE 300 | WASHINGTON | DC | 20036 | PC | MONITOR PODCASTS AND RADIO TALK SHOWS RELATED TO CLIMATE CHANGE AND PUBLIC HEALTH | $50,000 | |||
| MILLENNIUM WATER ALLIANCE | |||||||||
| 1980 POST OAK BLVD STE 800 | HOUSTON | TX | 77056 | PC | ADVOCACY AND COMMUNICATIONS PROGRAM | $75,000 | |||
| MISSOURI BOTANICAL GARDEN | |||||||||
| 4434 SHAW BLVD | ST LOUIS | MO | 63110 | PC | WILLIAM L BROWN CENTER | $85,000 | |||
| NATIONAL CATHOLIC COMMUNITY FOUNDATION | |||||||||
| 1321 GENERALS HWY STE 202 | CROWNSVILLE | MD | 21032 | PC | WASH IN CATHOLIC HEALTHCARE FACILITIES IN DEVELOPING COUNTRIES | $75,000 | |||
| NATIONAL PARKS CONSERVATION ASSOCIATION | |||||||||
| 777 6TH ST NW STE 700 | WASHINGTON | DC | 20001 | PC | PROTECTING AMERICA'S NATIONAL PARKS | $100,000 | |||
| NATIONAL WILDLIFE FEDERATION | |||||||||
| 11100 WILDLIFE CENTER DR | RESTON | VA | 20190 | PC | PROTECTION OF PUBLIC LANDS | $50,000 | |||
| NEW MEXICO VOICES FOR CHILDREN | |||||||||
| 625 SILVER AVE SW STE 195 | ALBUQUERQUE | NM | 87102 | PC | NM ENVIRONMENTAL AND PUBLIC HEALTH ASSOCIATION | $35,000 | |||
| NEW VENTURE FUND | |||||||||
| 1201 CONNECTICUT AVE NW STE 300 | WASHINGTON | DC | 20036 | PC | AFDA PROJECT | $800,000 | |||
| NORTHEAST WILDERNESS TRUST | |||||||||
| 17 STATE ST 302 | MONTPELIER | VT | 05602 | PC | GENERAL SUPPORT | $25,000 | |||
| OLD GROWTH FOREST NETWORK | |||||||||
| PO BOX 21 | EASTON | MD | 21601 | PC | ADVOCACY AND COMMUNICATIONS | $50,000 | |||
| PACIFIC INSTITUTE FOR STUDIES IN DEVELOPMENT ENVIRONMENT AND SECURITY | |||||||||
| 654 13TH ST | OAKLAND | CA | 94612 | PC | GENERAL SUPPORT | $35,000 | |||
| PORTLAND STATE UNIVERSITY FOUNDATION | |||||||||
| 1600 SW 4TH AVE STE 730 | PORTLAND | OR | 97201 | PC | PRESIDENTIAL FELLOWS PROGRAM | $50,000 | |||
| POTOMAC CONSERVANCY | |||||||||
| 962 WAYNE AVE STE 540 | SILVER SPRING | MD | 20910 | PC | GENERAL SUPPORT | $30,000 | |||
| PROTESTANT EPISCOPAL CATHEDRAL FOUNDATION | |||||||||
| 3101 WISCONSIN AVE NW | WASHINGTON | DC | 20016 | PC | EARTHQUAKE DAMAGE REPAIRS | $100,000 | |||
| RESULTS EDUCATIONAL FUND | |||||||||
| 1101 15TH ST NW STE 1200 | WASHINGTON | DC | 20005 | PC | CIVIC COURAGE PROGRAM | $20,000 | |||
| ROTARIAN SAFE WATER AND SANITATION FOUNDATION INC | |||||||||
| 514 W 12TH ST | NEWTON | KS | 67114 | PC | WASH IN HCF ADVOCACY | $25,000 | |||
| SANTA FE COMMUNITY FOUNDATION | |||||||||
| 501 HALONA ST | SANTA FE | NM | 87505 | PC | FUND TO PROTECT NM AIR, WATER AND FEDERAL PUBLIC LANDS; FUND FOR CHILDREN AND THE ENVIRONMENT | $410,000 | |||
| SANTA FE CONSERVATION TRUST | |||||||||
| 400 KIVA CT STE B | SANTA FE | NM | 87505 | PC | PROTECTING NEW MEXICO'S WATERS AND GENERAL SUPPORT | $50,000 | |||
| SIMPSON COLLEGE | |||||||||
| 701 N C ST | INDIANOLA | IA | 50125 | PC | CULVER PUBLIC POLICY CENTER | $15,000 | |||
| ST VINCENT HOSPITAL FOUNDATION | |||||||||
| 455 ST MICHAELS DR | SANTA FE | NM | 87505 | PC | STRENGTHEN EMERGENCY ROOM SERVICES | $50,000 | |||
| TRANSFORM INTERNATIONAL | |||||||||
| 606 COLUMBIA ST NW STE 100-D | OLYMPIA | WA | 98501 | PC | WASH IN HEALTHCARE FACILITIES | $50,000 | |||
| TROPICS FOUNDATION | |||||||||
| 2872 BAINBRIDGE WAY SE | ATLANTA | GA | 30339 | PC | GENERAL SUPPORT | $25,000 | |||
| UNIVERSITY OF NORTH CAROLINA | |||||||||
| 104 AIRPORT RD STE 2200 CBS 1350 | CHAPEL HILL | NC | 27599 | PC | WATER INSTITUTE RESEARCH, ADVOCACY AND COP FOR WASH IN HEALTHCARE FACILITIES | $110,000 | |||
| VILLAGE HEALTH PARTNERSHIP | |||||||||
| 1601 E 19TH AVE STE 4450 | DENVER | CO | 80218 | PC | GENERAL SUPPORT | $50,000 | |||
| WALLACE CENTERS OF IOWA | |||||||||
| 756 16TH ST | DES MOINES | IA | 50314 | PC | GENERAL SUPPORT | $277,000 | |||
| WATER ENGINEERS FOR THE AMERICAS | |||||||||
| 2904 RODEO PARK DR E 100 | SANTA FE | NM | 87505 | PC | WASH IN HCF AND GENERAL SUPPORT | $205,000 | |||
| WATERAID AMERICA | |||||||||
| 233 BROADWAY STE 2705 | NEW YORK | NY | 10279 | PC | ADVOCACY AND COMMUNICATIONS | $90,000 | |||
| WESTCHESTER LAND TRUST | |||||||||
| 403 HARRIS RD | BEDFORD HILLS | NY | 10507 | PC | GENERAL SUPPORT | $25,000 | |||
| WORLD FOOD PRIZE FOUNDATION | |||||||||
| 100 LOCUST ST | DES MOINES | IA | 50309 | POF | GENERAL SUPPORT | $20,000 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,422,000 | 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 | $612,918 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,311,384 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,924,302 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,924,302 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LANE & CO. CPAS - ACCOUNTING SERVICES | CategoryTxt |
| Amt | $22,350 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORTEVA AGRISCIENCE FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1000 | AddressLine1Txt |
| City | JOHNSTON | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50131 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2024-11-01 | GrantDt |
| Grant | $100,000 | GrantAmt |
| Purpose Of Grant | THE PURPOSE OF THE GRANT IS TO SUPPORT AGRICULTURAL GENETIC TRAINING. THE TIMEFRAME OF THIS GRANT EXTENDS INTO TAX YEAR 2025 AND WILL RESULT IN GRANTEE REPORTING LATER IN THAT TAX YEAR. IN THE INTERIM, WALLACE GENETIC FOUNDATION II MAINTAINS COMMUNICATION WITH THE GRANTEE TO ENSURE THE USE OF GRANT FUNDS IS CONSISTENT WITH CHARITABLE PURPOSES. | PurposeOfGrantTxt |
| Expended By Grantee | $0 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NONE NOTED. | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | N/A | DatesOfReportsByGranteeTxt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | FURNISHING A COPY OF THE FORM 990-PF IS NOT REQUIRED BY THE ATTORNEYS GENERAL OF DELAWARE OR THE DISTRICT OF COLUMBIA. | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (18 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AIRBNB INC CL A | $157,693 | $157,693 |
| ALPHABET INC CL A | $5,232,252 | $5,232,252 |
| ALPHABET INC CL C | $5,141,880 | $5,141,880 |
| AMAZON COM INC | $15,357,300 | $15,357,300 |
| APPLE INC | $14,524,360 | $14,524,360 |
| CORTEVA INC | $7,667,328 | $7,667,328 |
| CROWN CASTLE INC | $859,497 | $859,497 |
| ELI LILLY & CO | $2,702,000 | $2,702,000 |
| HOME DEPOT INC | $2,324,215 | $2,324,215 |
| MASTERCARD INC CL A | $4,212,560 | $4,212,560 |
| MC DONALDS CORP | $2,543,785 | $2,543,785 |
| META PLATFORMS INC CL A | $6,393,769 | $6,393,769 |
| MICROSOFT CORP | $5,015,850 | $5,015,850 |
| NEXTERA ENERGY INC | $2,437,460 | $2,437,460 |
| NVIDIA CORPORATION | $2,658,942 | $2,658,942 |
| THERMO FISCHER SCIENTIFIC | $8,063,565 | $8,063,565 |
| VEEVA SYS INC CL A | $1,687,256 | $1,687,256 |
| VISA INC CL A | $8,849,120 | $8,849,120 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE EXPENSES | $8,444 | $0 | $0 |
| INSURANCE | $4,578 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS ON INVESTMENTS | Desc |
| Amt | $15,395,972 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOLGER NOLAN FLEMING DOUGLAS - INVESTMENT MANAGEMENT SERVICES | $6,503 | $6,503 | $0 |
| MORGAN STANLEY - INVESTMENT MANAGEMENT SERVICES | $337,993 | $337,993 | $0 |
| PAYCHEX - PAYROLL PROCESSING SERVICES | $2,972 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TAXES - FEDERAL | $19,251 | $0 | $0 |
| TAXES - STATE | $25 | $0 | $0 |