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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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-24T08:11:52-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN204480084EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Lodestar FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlLODEBusinessNameControlTxt
Phone6029562699PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14455 East Camelback Road C250AddressLine1Txt
CityPhoenixCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85018ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLOIS SAVAGEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8008391754PhoneNum
Signature2024-10-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$404,310FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,639,934ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$12,532InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$12,532InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$1,114DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,114DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$456,172NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,981,008GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$1,337,376CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,109,752TotalRevAndExpnssAmt
Total Net Invst Incm$1,351,022TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$110,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$110,000CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$9,014PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl$9,014PensionEmplBnftDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$143,895OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$300OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$143,595OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss$72InterestRevAndExpnssAmt
Taxes Rev And Expnss$11,100TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$23,212TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$23,212TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$1,472PrintingAndPubRevAndExpnssAmt
Printing And Pub Dsbrs Chrtbl$1,472PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$19,728OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$19,728OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$318,493TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$300TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$307,021TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,570,590ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,570,590ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,889,083TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$300TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,877,611TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$220,669ExcessRevenueOverExpensesAmt
Net Investment Income$1,350,722NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$111,712SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$217,284SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$217,284SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$69,904CorporateStockBOYAmt
Corporate Stock EOY$185,001CorporateStockEOYAmt
Corporate Stock EOYFMV$187,026CorporateStockEOYFMVAmt
Total Assets BOY$181,616TotalAssetsBOYAmt
Total Assets EOY$402,285TotalAssetsEOYAmt
Total Assets EOYFMV$404,310TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$181,616RetainedEarningBOYAmt
Retained Earning EOY$402,285RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$181,616TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$402,285TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$181,616TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$402,285TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$181,616TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$220,669ExcessRevenueOverExpensesAmt
Subtotal$402,285SubtotalAmt
Tot Net Ast Or Fund Balances EOY$402,285TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$1,981,008GrossSalesPriceAmt
Cost Or Other Basis$643,632CostOrOtherBasisAmt
Gain Or Loss$1,337,376GainOrLossAmt
Gains Minus Excess Or Losses$1,337,376GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$1,337,376CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$18,775InvestmentIncomeExciseTaxAmt
Subtotal$18,775SubtotalAmt
Tax Based On Investment Income$18,775TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$10,437EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$8,800ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$19,237TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$462OverpaymentAmt
Applied To ES Tax$462AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcYes (true)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateAZOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line155 WALLS DRIVE FL 3AddressLine1Txt
CityFairfieldCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06824ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
I Jerome Hirsch
4455 East Camelback Road C250PhoenixAZ85018Dir, Sec5.0$0$0$0
Lois Savage
4455 East Camelback Road C250PhoenixAZ85018Pres20.0$110,000$400$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$68,233AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$433,212AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$501,445TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$501,445AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$7,522CashDeemedCharitableAmt
Net Vl Noncharitable Assets$493,923NetVlNoncharitableAssetsAmt
Minimum Investment Return$24,696MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$24,696MinimumInvestmentReturnAmt
Tax Based On Investment Income$18,775TaxBasedOnInvestmentIncomeAmt
Total Tax$18,775TotalTaxAmt
Distributable Before Adj$5,921DistributableBeforeAdjAmt
Distributable Before Ded$5,921DistributableBeforeDedAmt
Distributable As Adjusted$5,921DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,877,611ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$1,877,611QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$5,921DistributableAsAdjustedAmt
Prior Year12021PriorYear1Yr
Prior Year22020PriorYear2Yr
Prior Year32019PriorYear3Yr
Excess Distribution Cyov Yr5$529,614ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,085,977ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,011,961ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$877,448ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,111,679ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,616,679TotalExcessDistributionCyovAmt
Qualifying Distributions$1,877,611QualifyingDistributionsAmt
Applied To Current Year$5,921AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,871,690RemainingDistriFromCorpusAmt
Total Corpus$6,488,369TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$1,639,934CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov To Next Yr$4,848,435ExcessDistriCyovToNextYrAmt
Excess From Year4$0ExcessFromYear4Amt
Excess From Year3$987,618ExcessFromYear3Amt
Excess From Year2$877,448ExcessFromYear2Amt
Excess From Year1$1,111,679ExcessFromYear1Amt
Excess From Current Year$1,871,690ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerI Jerome HirschContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (45 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN BUSINESS IMMIGRATION COALITION
1805 S ASHLAND AVECHICAGOIL60608N/APCGeneral & Unrestricted$10,000
ARIZONA COMMUNITY FOUNDATION
2201 E CAMELBACK RD STE 405BPHOENIXAZ85016N/APCGeneral & Unrestricted$25,000
ARIZONA COMMUNITY FOUNDATION
2201 E CAMELBACK RD STE 405BPHOENIXAZ85016N/APCNPR and Arizona Together for Impact Fund$110,000
ARIZONA COMMUNITY FOUNDATION
2201 E CAMELBACK RD STE 405BPHOENIXAZ85016N/APCGeneral & Unrestricted$425,000
ARIZONA HOUSING COALITION
141 EAST PALM LN STE 105PHOENIXAZ85004N/APCGeneral & Unrestricted$5,000
ARIZONA JUSTICE PROJECT INC
4001 N 3RD ST STE 401PHOENIXAZ85012N/APCLarry Hammond Justice Fellowship$75,000
ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMER
PO BOX 2260TEMPEAZ85281N/APCMcCain Institute Foundation$25,000
BARROW NEUROLOGICAL FOUNDATION
2910 N 3RD AVE STE 450PHOENIXAZ85013N/APCPituitary Surgery Research Consortium$36,000
BRIDGE ALLIANCE EDUCATION FUND
214 S ALLEN STSTATE COLLEGEPA16801N/APCCitizen Connect$10,000
CENTER FOR THE FUTURE OF ARIZONA
541 E VAN BUREN STE B-5PHOENIXAZ85004N/APCGeneral & Unrestricted$5,000
CHURCH OF THE HOLY APOSTLES
296 9TH AVENEW YORKNY10001N/APCGeneral & Unrestricted$10,000
CIVIC VENTURES
PO BOX 29542SAN FRANCISCOCA94129N/APCThe Future of Together$75,000
COMMONWEALTH CLUB OF CALIFORNIA
110 THE EMBARCADEROSAN FRANCISCOCA94105N/APCMerger Exploration - The Commonwealth Club & The Northern California World Affairs Council$15,000
COMMUNITY FOUNDATION OF NORTHEAST IOWA
3117 GREENHILL CIRCEDAR FALLSIA50613N/APCInitiative for Strategic Volunteer Engagement Fund - Funding Partners Gathering$2,200
FREEDOM HOUSE INC
1850 M ST NW 11TH FLOORWASHINGTONDC20036N/APCGeneral & Unrestricted$25,000
GLOBAL IMPACT
1199 NORTH FAIRFAX ST STE 300ALEXANDRIAVA22314N/APCPhilanthropy Together We Give Summit$5,000
GLOBAL WASHINGTON
10115 GREENWOOD AVE N 142SEATTLEWA98133N/APCGlobalWA and Pangea$10,000
JEWISH COMMUNITY FOUNDATION OF GREATER PHOENIX
12701 N SCOTTSDALE RD STE 201SCOTTSDALEAZ85254N/APCGeneral & Unrestricted$150,000
K2 ADVENTURES FOUNDATION
20645 N PIMA RD STE 100SCOTTSDALEAZ85255N/APCGeneral & Unrestricted$5,000
NATIONAL CONFLICT RESOLUTION CENTER
530 B ST STE 1700SAN DIEGOCA92101N/APCGeneral & Unrestricted$1,000
NATIONAL PUBLIC RADIO INC
PO BOX 791490BALTIMOREMD21279N/APCGeneral & Unrestricted$20,000
PLAYERS PHILANTHROPY FUND
1122 KENILWORTH DR STE 201TOWSONMD21204N/APCLa Piana consultancy$4,000
POLICY IMPACT
127 UNIVERSITY AVEBERKELEYCA94710N/APCGeneral Operations for Patriots & Pragmatists$25,000
PROTECT DEMOCRACY PROJECT
2020 PENNSYLVANIA AVE NW 163WASHINGTONDC20006N/APCGeneral & Unrestricted$25,000
RENEW DEMOCRACY INITIATIVE INC
PO BOX 20995NEW YORKNY10025N/APCGeneral & Unrestricted$5,000
REPRESENT US EDUCATION FUND
PO BOX 60008FLORENCEMA01062N/APC2023 American Democracy Summit$25,000
SANDRA DAY OCONNOR INSTITUTE
PO BOX 66422PHOENIXAZ85082N/APCGeneral & Unrestricted$10,000
SEACHANGE CAPITAL PARTNERS INC
420 LEXINGTON AVE STE 300NEW YORKNY10170N/APCMerger exploration between NCADV and National Domestic Violence Hotline$17,778
SEACHANGE CAPITAL PARTNERS INC
420 LEXINGTON AVE STE 300NEW YORKNY10170N/APCBack office collaboration between Spina Bifida Association of America and Affiliates$8,889
SEACHANGE CAPITAL PARTNERS INC
420 LEXINGTON AVE STE 300NEW YORKNY10170N/APCCollaboration implementation between Center for Leadership and Educational Equity and School Reform Initiative$22,000
SEACHANGE CAPITAL PARTNERS INC
420 LEXINGTON AVE STE 300NEW YORKNY10170N/APCNew York Merger, Acquisition, and Collaboration$12,500
SEACHANGE CAPITAL PARTNERS INC
420 LEXINGTON AVE STE 300NEW YORKNY10170N/APCAdministrative Fund$100,000
SEACHANGE CAPITAL PARTNERS INC
420 LEXINGTON AVE STE 300NEW YORKNY10170N/APCCollaboration exploration between CultureSource and EmcArts Inc$15,556
SEACHANGE CAPITAL PARTNERS INC
420 LEXINGTON AVE STE 300NEW YORKNY10170N/APCCollaboration between Leeway, Inc. and Liberty Community Services, Inc$26,667
SEACHANGE CAPITAL PARTNERS INC
420 LEXINGTON AVE STE 300NEW YORKNY10170N/APCCollaboration between Larimer Humane Society and Humane Society of Weld County$22,222
SEACHANGE CAPITAL PARTNERS INC
420 LEXINGTON AVE STE 300NEW YORKNY10170N/APCCollaboration between Southwest Solutions and Development Centers Inc$16,667
SEACHANGE CAPITAL PARTNERS INC
420 LEXINGTON AVE STE 300NEW YORKNY10170N/APCCollaboration between The Chicago Center for Urban Life and Culture and Albion College$15,111
SEACHANGE CAPITAL PARTNERS INC
420 LEXINGTON AVE STE 300NEW YORKNY10170N/APCNonprofit Repositioning Fund$20,000
SEACHANGE CAPITAL PARTNERS INC
420 LEXINGTON AVE STE 300NEW YORKNY10170N/APCMerger 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 300NEW YORKNY10170N/APCCollaboration between Financial Beginnings USA and Financial Beginnings Oregon$13,333
SEACHANGE CAPITAL PARTNERS INC
420 LEXINGTON AVE STE 300NEW YORKNY10170N/APCMerger Implementation between Nazun and MAZON$17,778
SYNERGOS INSTITUTE INC
3 EAST 54TH ST 14TH FLOORNEW YORKNY10022N/APCGeneral & Unrestricted$25,000
THE PHILANTHROPY WORKSHOP INC
110 E 25TH STNEW YORKNY10010N/APCGeneral & Unrestricted$20,000
VALLEY OF THE SUN UNITED WAY
3200 E CAMELBACK RD STE 375PHOENIXAZ85018N/APCGeneral Operations and Central Arizona Shelter Services$50,000
VALLEY OF THE SUN YOUNG MENS CHRISTIAN ASSOCIATION
350 N 1ST AVEPHOENIXAZ85003N/APCYMCA's Youth and Government Program$20,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,570,590TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$12,532ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,114ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$456,172ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$469,818ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$469,818TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonHirsch I JeromeContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line14455 E Camelback Road C250AddressLine1Txt
CityPhoenixCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85018ZIPCd
FieldValueIRS element (for citing)
Total Contributions$1,639,934TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp (11 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
1Xpeng Inc XPEV, 3813 sh.$37,3102023-01-11
1RIVIAN AUTOMOTIVE INC CL A RIVN, 3587 sh.$60,7642023-01-11
1KANZHUN LTD ADR BZ-K, 13846 sh.$02023-02-16
1LUMINAR TECHNOLOGIES INC LAZR, 20992 sh.$141,4862023-06-29
1SPRINT NXTEL CP S-OLD, 3026 sh.$45,1762023-06-29
1SNOWFLAKE INC SNOW, 2073 sh.$374,4772023-06-29
1DOORDASH ORD SHS CLASS A DASH, 6256 sh.$474,2992023-06-29
1HONG KONG DOLLARS HKD, 20808 sh.$144,5122023-07-10
1SPDR S&P 500 ETF TRUST SPY, 224 sh.$100,8802023-11-17
1FORTINET INC FTNT, 1830 sh.$103,9532023-12-19
1SENTINELONE INC S, 5793 sh.$157,0772023-12-20

Depreciation Schedule DepreciationSchedule

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

IdentifierIdentifierTxtForm And Line ReferenceFormAndLineReferenceDescMedium ExplanationMediumExplanationTxt
Form 990-PF, Part XII, Line 7Form 990-PF, Part XII, Line 7Election 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 7Form 990-PF, Part XII, Line 7The 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)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
JP MORGAN CHASE$27,924$28,067
SENTINELONE INC$157,077$158,959

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationAs 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)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements 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)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements 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)

CategoryCategoryTxtAmtAmt
990-PF Estimated Tax for 2023$10,300
990-PF Extension for 2022$800