LODESTAR PHILANTHROPIC FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- LODESTAR PHILANTHROPIC FOUNDATION (EIN 20-4480084)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-24
- IRS object ID
- 202402989349101100
- Schema version
- 2023v5.1
- 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
- General Explanation Attachment
- Investments Corp Stock Schedule
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-24T08:11:52-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | 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 | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 204480084 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Lodestar Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | LODE | BusinessNameControlTxt |
| Phone | 6029562699 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4455 East Camelback Road C250 | AddressLine1Txt |
| City | Phoenix | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LOIS SAVAGE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2024-10-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
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 | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $404,310 | 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 | $1,639,934 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $12,532 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $12,532 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,114 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,114 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $456,172 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,981,008 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,337,376 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,109,752 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,351,022 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $110,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $110,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $9,014 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $9,014 | PensionEmplBnftDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $143,895 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $300 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $143,595 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $72 | InterestRevAndExpnssAmt |
| Taxes Rev And Expnss | $11,100 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $23,212 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $23,212 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $1,472 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $1,472 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $19,728 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $19,728 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $318,493 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $300 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $307,021 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,570,590 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,570,590 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,889,083 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $300 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,877,611 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $220,669 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,350,722 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $111,712 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $217,284 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $217,284 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $69,904 | CorporateStockBOYAmt |
| Corporate Stock EOY | $185,001 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $187,026 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $181,616 | TotalAssetsBOYAmt |
| Total Assets EOY | $402,285 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $404,310 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $181,616 | RetainedEarningBOYAmt |
| Retained Earning EOY | $402,285 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $181,616 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $402,285 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $181,616 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $402,285 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $181,616 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $220,669 | ExcessRevenueOverExpensesAmt |
| Subtotal | $402,285 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $402,285 | 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 | $1,981,008 | GrossSalesPriceAmt |
| Cost Or Other Basis | $643,632 | CostOrOtherBasisAmt |
| Gain Or Loss | $1,337,376 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $1,337,376 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,337,376 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $18,775 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $18,775 | SubtotalAmt |
| Tax Based On Investment Income | $18,775 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,437 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $8,800 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $19,237 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $462 | OverpaymentAmt |
| Applied To ES Tax | $462 | AppliedToESTaxAmt |
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 | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | AZ | 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 | 55 WALLS DRIVE FL 3 | AddressLine1Txt |
| City | Fairfield | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | 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 (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| I Jerome Hirsch | ||||||||
| 4455 East Camelback Road C250 | Phoenix | AZ | 85018 | Dir, Sec | 5.0 | $0 | $0 | $0 |
| Lois Savage | ||||||||
| 4455 East Camelback Road C250 | Phoenix | AZ | 85018 | Pres | 20.0 | $110,000 | $400 | $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 | $68,233 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $433,212 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $501,445 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $501,445 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $7,522 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $493,923 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $24,696 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $24,696 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $18,775 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $18,775 | TotalTaxAmt |
| Distributable Before Adj | $5,921 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,921 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,921 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,877,611 | 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 | $1,877,611 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,921 | DistributableAsAdjustedAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $529,614 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,085,977 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,011,961 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $877,448 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,111,679 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,616,679 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,877,611 | QualifyingDistributionsAmt |
| Applied To Current Year | $5,921 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,871,690 | RemainingDistriFromCorpusAmt |
| Total Corpus | $6,488,369 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $1,639,934 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov To Next Yr | $4,848,435 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $987,618 | ExcessFromYear3Amt |
| Excess From Year2 | $877,448 | ExcessFromYear2Amt |
| Excess From Year1 | $1,111,679 | ExcessFromYear1Amt |
| Excess From Current Year | $1,871,690 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | I Jerome Hirsch | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (45 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN BUSINESS IMMIGRATION COALITION | |||||||
| 1805 S ASHLAND AVE | CHICAGO | IL | 60608 | N/A | PC | General & Unrestricted | $10,000 |
| ARIZONA COMMUNITY FOUNDATION | |||||||
| 2201 E CAMELBACK RD STE 405B | PHOENIX | AZ | 85016 | N/A | PC | General & Unrestricted | $25,000 |
| ARIZONA COMMUNITY FOUNDATION | |||||||
| 2201 E CAMELBACK RD STE 405B | PHOENIX | AZ | 85016 | N/A | PC | NPR and Arizona Together for Impact Fund | $110,000 |
| ARIZONA COMMUNITY FOUNDATION | |||||||
| 2201 E CAMELBACK RD STE 405B | PHOENIX | AZ | 85016 | N/A | PC | General & Unrestricted | $425,000 |
| ARIZONA HOUSING COALITION | |||||||
| 141 EAST PALM LN STE 105 | PHOENIX | AZ | 85004 | N/A | PC | General & Unrestricted | $5,000 |
| ARIZONA JUSTICE PROJECT INC | |||||||
| 4001 N 3RD ST STE 401 | PHOENIX | AZ | 85012 | N/A | PC | Larry Hammond Justice Fellowship | $75,000 |
| ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMER | |||||||
| PO BOX 2260 | TEMPE | AZ | 85281 | N/A | PC | McCain Institute Foundation | $25,000 |
| BARROW NEUROLOGICAL FOUNDATION | |||||||
| 2910 N 3RD AVE STE 450 | PHOENIX | AZ | 85013 | N/A | PC | Pituitary Surgery Research Consortium | $36,000 |
| BRIDGE ALLIANCE EDUCATION FUND | |||||||
| 214 S ALLEN ST | STATE COLLEGE | PA | 16801 | N/A | PC | Citizen Connect | $10,000 |
| CENTER FOR THE FUTURE OF ARIZONA | |||||||
| 541 E VAN BUREN STE B-5 | PHOENIX | AZ | 85004 | N/A | PC | General & Unrestricted | $5,000 |
| CHURCH OF THE HOLY APOSTLES | |||||||
| 296 9TH AVE | NEW YORK | NY | 10001 | N/A | PC | General & Unrestricted | $10,000 |
| CIVIC VENTURES | |||||||
| PO BOX 29542 | SAN FRANCISCO | CA | 94129 | N/A | PC | The Future of Together | $75,000 |
| COMMONWEALTH CLUB OF CALIFORNIA | |||||||
| 110 THE EMBARCADERO | SAN FRANCISCO | CA | 94105 | N/A | PC | Merger Exploration - The Commonwealth Club & The Northern California World Affairs Council | $15,000 |
| COMMUNITY FOUNDATION OF NORTHEAST IOWA | |||||||
| 3117 GREENHILL CIR | CEDAR FALLS | IA | 50613 | N/A | PC | Initiative for Strategic Volunteer Engagement Fund - Funding Partners Gathering | $2,200 |
| FREEDOM HOUSE INC | |||||||
| 1850 M ST NW 11TH FLOOR | WASHINGTON | DC | 20036 | N/A | PC | General & Unrestricted | $25,000 |
| GLOBAL IMPACT | |||||||
| 1199 NORTH FAIRFAX ST STE 300 | ALEXANDRIA | VA | 22314 | N/A | PC | Philanthropy Together We Give Summit | $5,000 |
| GLOBAL WASHINGTON | |||||||
| 10115 GREENWOOD AVE N 142 | SEATTLE | WA | 98133 | N/A | PC | GlobalWA and Pangea | $10,000 |
| JEWISH COMMUNITY FOUNDATION OF GREATER PHOENIX | |||||||
| 12701 N SCOTTSDALE RD STE 201 | SCOTTSDALE | AZ | 85254 | N/A | PC | General & Unrestricted | $150,000 |
| K2 ADVENTURES FOUNDATION | |||||||
| 20645 N PIMA RD STE 100 | SCOTTSDALE | AZ | 85255 | N/A | PC | General & Unrestricted | $5,000 |
| NATIONAL CONFLICT RESOLUTION CENTER | |||||||
| 530 B ST STE 1700 | SAN DIEGO | CA | 92101 | N/A | PC | General & Unrestricted | $1,000 |
| NATIONAL PUBLIC RADIO INC | |||||||
| PO BOX 791490 | BALTIMORE | MD | 21279 | N/A | PC | General & Unrestricted | $20,000 |
| PLAYERS PHILANTHROPY FUND | |||||||
| 1122 KENILWORTH DR STE 201 | TOWSON | MD | 21204 | N/A | PC | La Piana consultancy | $4,000 |
| POLICY IMPACT | |||||||
| 127 UNIVERSITY AVE | BERKELEY | CA | 94710 | N/A | PC | General Operations for Patriots & Pragmatists | $25,000 |
| PROTECT DEMOCRACY PROJECT | |||||||
| 2020 PENNSYLVANIA AVE NW 163 | WASHINGTON | DC | 20006 | N/A | PC | General & Unrestricted | $25,000 |
| RENEW DEMOCRACY INITIATIVE INC | |||||||
| PO BOX 20995 | NEW YORK | NY | 10025 | N/A | PC | General & Unrestricted | $5,000 |
| REPRESENT US EDUCATION FUND | |||||||
| PO BOX 60008 | FLORENCE | MA | 01062 | N/A | PC | 2023 American Democracy Summit | $25,000 |
| SANDRA DAY OCONNOR INSTITUTE | |||||||
| PO BOX 66422 | PHOENIX | AZ | 85082 | N/A | PC | General & Unrestricted | $10,000 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger exploration between NCADV and National Domestic Violence Hotline | $17,778 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Back office collaboration between Spina Bifida Association of America and Affiliates | $8,889 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Collaboration implementation between Center for Leadership and Educational Equity and School Reform Initiative | $22,000 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | New York Merger, Acquisition, and Collaboration | $12,500 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Administrative Fund | $100,000 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Collaboration exploration between CultureSource and EmcArts Inc | $15,556 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Collaboration between Leeway, Inc. and Liberty Community Services, Inc | $26,667 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Collaboration between Larimer Humane Society and Humane Society of Weld County | $22,222 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Collaboration between Southwest Solutions and Development Centers Inc | $16,667 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Collaboration between The Chicago Center for Urban Life and Culture and Albion College | $15,111 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Nonprofit Repositioning Fund | $20,000 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger implementation between Action for Healthy Kids and Rocky Mountain Center for Health Promotion and Education | $8,889 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Collaboration between Financial Beginnings USA and Financial Beginnings Oregon | $13,333 |
| SEACHANGE CAPITAL PARTNERS INC | |||||||
| 420 LEXINGTON AVE STE 300 | NEW YORK | NY | 10170 | N/A | PC | Merger Implementation between Nazun and MAZON | $17,778 |
| SYNERGOS INSTITUTE INC | |||||||
| 3 EAST 54TH ST 14TH FLOOR | NEW YORK | NY | 10022 | N/A | PC | General & Unrestricted | $25,000 |
| THE PHILANTHROPY WORKSHOP INC | |||||||
| 110 E 25TH ST | NEW YORK | NY | 10010 | N/A | PC | General & Unrestricted | $20,000 |
| VALLEY OF THE SUN UNITED WAY | |||||||
| 3200 E CAMELBACK RD STE 375 | PHOENIX | AZ | 85018 | N/A | PC | General Operations and Central Arizona Shelter Services | $50,000 |
| VALLEY OF THE SUN YOUNG MENS CHRISTIAN ASSOCIATION | |||||||
| 350 N 1ST AVE | PHOENIX | AZ | 85003 | N/A | PC | YMCA's Youth and Government Program | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,570,590 | 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 | $12,532 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,114 | 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 | $456,172 | 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 | $469,818 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $469,818 | 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 | Hirsch I Jerome | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4455 E Camelback Road C250 | AddressLine1Txt |
| City | Phoenix | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,639,934 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (11 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | Xpeng Inc XPEV, 3813 sh. | $37,310 | 2023-01-11 |
| 1 | RIVIAN AUTOMOTIVE INC CL A RIVN, 3587 sh. | $60,764 | 2023-01-11 |
| 1 | KANZHUN LTD ADR BZ-K, 13846 sh. | $0 | 2023-02-16 |
| 1 | LUMINAR TECHNOLOGIES INC LAZR, 20992 sh. | $141,486 | 2023-06-29 |
| 1 | SPRINT NXTEL CP S-OLD, 3026 sh. | $45,176 | 2023-06-29 |
| 1 | SNOWFLAKE INC SNOW, 2073 sh. | $374,477 | 2023-06-29 |
| 1 | DOORDASH ORD SHS CLASS A DASH, 6256 sh. | $474,299 | 2023-06-29 |
| 1 | HONG KONG DOLLARS HKD, 20808 sh. | $144,512 | 2023-07-10 |
| 1 | SPDR S&P 500 ETF TRUST SPY, 224 sh. | $100,880 | 2023-11-17 |
| 1 | FORTINET INC FTNT, 1830 sh. | $103,953 | 2023-12-19 |
| 1 | SENTINELONE INC S, 5793 sh. | $157,077 | 2023-12-20 |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| Form 990-PF, Part XII, Line 7 | Form 990-PF, Part XII, Line 7 | Election to Treat Unused Prior Year Corpus Distributions as Current Year Corpus Distributions Pursuant to Treasury Regulations Section 53.4942(a)-3(c)(2)(iv), The Lodestar Foundation hereby elects to treat, as a current distribution out of corpus, the following unused prior year's distributions that were treated as corpus distributions under Treasury Regulations Section 53.4942(a)-3(d)(1)(iii) in such prior tax years: Tax Year: Amount: 2018 $529,614 2019 $1,085,977 2020 $24,343 Total $1,639,934 By: LOIS SAVAGE Title: PRESIDENT |
| Form 990-PF, Part XII, Line 7 | Form 990-PF, Part XII, Line 7 | The Lodestar Foundation (the "Foundation") hereby elects to satisfy the requirements of Internal Revenue Code ("Code") Section 170(b)(1)(F)(ii) in respect of contributions of publicly traded securities with a value of $1,639,934 received in the taxable year ending December 31, 2023 (the "Conduit Election Year"). To satisfy the requirements of Code Section 170(b)(1)(F)(ii), a private non-operating foundation must: (A) by the end of the Conduit Election Year, distribute any undistributed income from the year immediately preceding the Conduit Election Year; (B) distribute, in the absence of an election under Code Section 4942(h)(2), any undistributed income from the Conduit Election Year by the end of the Conduit Election Year; and (C) make qualifying distributions treated as distributions out of corpus by no later than the 15th day of the third month of the taxable year following the Conduit Election Year in an amount equal to 100 percent of the contributions received by such foundation in the Conduit Election Year. A. Satisfaction of Minimum Distribution Requirement for the Conduit Election Year. As reported on Part XII, Line 2, column (c), the undistributed income for the year immediately preceding the Conduit Election Year is $0. In other words, the Foundation had no undistributed income for 2022. B. Timely Satisfaction of Minimum Distribution Requirement for the Taxable Year following the Conduit Election Year. As reported on Part XII, Line 6f, column (d), the undistributed income for the Conduit Election Year is $0. In other words, the Foundation had no undistributed income for 2023. C. Sufficient Timely Qualified Distributions Made Out of Corpus. To satisfy the requirements of Internal Revenue Code Section 170(b)(1)(F)(ii), the Foundation had until March 15, 2024, the 15th day of the third month of the taxable year following the Conduit Election Year, to make distributions out of corpus in an amount equal to 100 percent of the contributions received by it in the Conduit Election Year, $1,639,934. As reported on Part XII, Line 7, the Foundation is treating $1,639,934 as a current distribution out of corpus in full satisfaction of the requirements of Code Section 170(b)(1)(F)(ii) in respect of the Conduit Election Year. The Foundation has attached the necessary election, pursuant to Treasury Regulations Section 53.4942(a)-3(c)(2)(iv), to treat $1,639,934, of its unused prior years' corpus distributions, as a current distribution out of corpus. |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JP MORGAN CHASE | $27,924 | $28,067 |
| SENTINELONE INC | $157,077 | $158,959 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $1,570,590. This amount represents 25% or more of the Foundation's net assets of $165,606 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $11,053 | $11,053 |
| CREDIT CARD FEES | $229 | $229 |
| Cell Phone Expense | $58 | $58 |
| Digital Subscriptions | $150 | $150 |
| Foundation Dues & Memberships | $6,525 | $6,525 |
| Payroll Processing Fees | $1,238 | $1,238 |
| Website Hosting/Support | $475 | $475 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $300 | $300 | |
| Philanthropic Consulting Srvcs | $130,139 | $130,139 | |
| Website Development | $13,456 | $13,456 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2023 | $10,300 |
| 990-PF Extension for 2022 | $800 |