PALOHEIMO FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PALOHEIMO FOUNDATION (EIN 94-6752361)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-05
- IRS object ID
- 202423109349101117
- 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
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-05T13:38:01-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 954885412 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EUGENE LEWIS & ASSOCIATES | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 E FOOTHILL BLVD 100 | AddressLine1Txt |
| City | ARCADIA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91006 | 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 | 946752361 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PALOHEIMO FOUNDATION (CURTIN-PALOHEIMO T | BusinessNameLine1Txt |
| Business Name Line2 | RUST) | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PALO | BusinessNameControlTxt |
| Phone | 6265854377 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | WHITTIER TR 177 E COLORADO BLVD | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91105 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David G Covell Jr | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 6265854377 | PhoneNum |
| Signature | 2024-11-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WADE E STEVENS | PreparerPersonNm |
| PTIN | P01750790 | PTIN |
| Phone | 6264629280 | 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 | $26,611,896 | 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 | $194,918 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $194,918 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $690,649 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $690,649 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $690,649 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | -$27,875 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $623,240 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $16,146 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $16,146 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $873,838 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $901,713 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $313,482 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $109,719 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $203,763 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $36,158 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $7,232 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $28,926 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $15,635 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,127 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $12,508 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $1,881 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,881 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $21,510 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $2,150 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $19,360 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $37,065 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $34,912 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,153 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $425,731 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $159,021 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $266,710 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,367,939 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,367,939 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,793,670 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $159,021 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,634,649 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$919,832 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $742,692 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,152,591 | CashBOYAmt |
| Cash EOY | $193,281 | CashEOYAmt |
| Cash EOYFMV | $193,281 | CashEOYFMVAmt |
| Corporate Stock BOY | $2,698,203 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,425,850 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,809,511 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,275,581 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,323,728 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,315,340 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $4,420,000 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $4,420,000 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $4,420,000 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $15,110,000 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $3,125,629 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,372,559 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,183,764 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $12,672,004 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,735,418 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,611,896 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $103,839 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $103,839 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $103,839 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $103,839 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $13,303,260 | CapitalStockBOYAmt |
| Capital Stock EOY | $13,285,684 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | -$735,095 | RetainedEarningBOYAmt |
| Retained Earning EOY | -$1,654,105 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $12,568,165 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,631,579 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $12,672,004 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,735,418 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $12,568,165 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$919,832 | ExcessRevenueOverExpensesAmt |
| Other Increases | $822 | OtherIncreasesAmt |
| Subtotal | $11,649,155 | SubtotalAmt |
| Other Decreases | $17,576 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $11,631,579 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 183 SHARES CALLON PETE CO | P | 2022-01-01 | 2023-02-22 | $6,458 | $11,528 | -$5,070 | -$5,070 |
| 5617 SHARES CALLON PETE CO | P | 2022-01-01 | 2023-02-22 | $198,234 | $351,283 | -$153,049 | -$153,049 |
| 1451 SHARES CALLON PETE CO | P | 2022-01-01 | 2023-02-22 | $51,208 | $72,499 | -$21,291 | -$21,291 |
| FROM PARTNERSHIP K-1 | P | 2022-12-31 | 2023-12-31 | $52,192 | $52,192 | $52,192 | |
| PUBLICLY TRADED SECURITIES - CHARLES SCHWAB | P | 2022-12-31 | 2023-12-31 | $314,816 | $215,805 | $99,011 | $99,011 |
| PUBLICLY TRADED SECURITIES - CHARLES SCHWAB | P | 2022-12-31 | 2023-12-31 | $332 | $332 | $332 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$27,875 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $10,323 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $10,323 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $10,323 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $23,704 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $5,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $28,704 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $18,381 | OverpaymentAmt |
| Applied To ES Tax | $18,381 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | WHITTIER TRUST COMPANY | IndividualWithBooksNm |
| Phone | 6264415188 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 177 E COLORADO BLVD 800 | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91105 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| PAUL HALME | ||||||||
| PO BOX 1300 | PASADENA | CA | 91102 | BOARD MEMBER | 18.00 | $1,500 | $0 | $0 |
| GEORGE PALOHEIMO | ||||||||
| PO BOX 1300 | PASADENA | CA | 91102 | BOARD MEMBER | 2.00 | $3,000 | $0 | $0 |
| MORGAN HALME | ||||||||
| PO BOX 1300 | PASADENA | CA | 91102 | BOARD MEMBER | 2.00 | $3,000 | $0 | $0 |
| GEORGE PALOHEIMO JR | ||||||||
| PO BOX 1300 | PASADENA | CA | 91102 | BOARD MEMBER | 2.00 | $3,000 | $0 | $0 |
| MARTTI PALOHEIMO | ||||||||
| PO BOX 1300 | PASADENA | CA | 91102 | BOARD MEMBER | 2.00 | $3,000 | $0 | $0 |
| MELISSA HALME REDELL | ||||||||
| PO BOX 1300 | PASADENA | CA | 91102 | BOARD MEMBER | 2.00 | $3,000 | $0 | $0 |
| SEAN PALOHEIMO | ||||||||
| PO BOX 1300 | PASADENA | CA | 91102 | BOARD MEMBER | 2.00 | $3,000 | $0 | $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 | WHITTIER TRUST COMPANY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 FAIR OAKS AVENUE SUITE 360 | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91030 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | PHILANTHROPIC SERVICES & INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $293,982 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 1 | 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 | $7,775,120 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $513,652 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $17,695,590 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $25,984,362 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $25,984,362 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $389,765 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $25,594,597 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,279,730 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,279,730 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,323 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10,323 | TotalTaxAmt |
| Distributable Before Adj | $1,269,407 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,269,407 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,269,407 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,634,649 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,634,649 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,269,407 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $483,821 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $497,158 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $787,618 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $479,579 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $520,816 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,768,992 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,634,649 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,269,407 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $365,242 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $3,134,234 | 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 | $483,821 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,650,413 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $497,158 | ExcessFromYear4Amt |
| Excess From Year3 | $787,618 | ExcessFromYear3Amt |
| Excess From Year2 | $479,579 | ExcessFromYear2Amt |
| Excess From Year1 | $520,816 | ExcessFromYear1Amt |
| Excess From Current Year | $365,242 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Acequia Madre House | |||||||
| 614 Acequia Madre | Santa Fe | NM | 87505 | N/A | POF | General operating support, Creative Dialogue & Collections | $300,000 |
| Autry Museum of the American West | |||||||
| 4700 Western Heritage Way | Los Angeles | CA | 90027 | N/A | PC | "Three Views" Exhibition | $50,000 |
| El Rancho de Las Golondrinas | |||||||
| 334 Los Pinos Rd | Santa Fe | NM | 87507 | N/A | PC | Membership match, lighting and water systems upgrade | $220,622 |
| Finlandia Foundation National | |||||||
| 254 N Lake Ave | Pasadena | CA | 91101 | N/A | PC | Matching grant, administration, technology, newsletter and special projects | $300,000 |
| Leonora Ja Yrjo Paloheimo Saatio | |||||||
| 1600 Huntington Blvd | South Pasadena | CA | 91030 | N/A | PC - Foreign | Kallio-Kuninkala estate renovations and Staatio 50th anniversary projects | $237,317 |
| Pasadena Historical Museum Inc | |||||||
| 470 W Walnut Street | Pasadena | CA | 91103 | N/A | PC | Membership matching, support collections, exhibition, outreach | $160,000 |
| School for Advanced Research | |||||||
| PO Box 2188 | Santa Fe | NM | 87505 | N/A | PC | Paloheimo Fellow Program & Innovative Programming | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,367,939 | 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 | $194,918 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $690,649 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$27,875 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $16,146 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $873,838 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $873,838 | 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 | EUGENE LEWIS & ASSOCIATES | CategoryTxt |
| Amt | $15,635 | Amt |
| Net Investment Income | $3,127 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $12,508 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|
| ACEQUIA MADRE HOUSE | ||||||||||
| 614 ACEQUIA MADRE | SANTA FE | NM | 87505 | 2023-04-11 | $300,000 | SEE ATTACHED | ||||
| FINLANDIA FOUNDATION NATIONAL | ||||||||||
| 254 N LAKE AVENUE | PASADENA | CA | 91101 | 2023-04-11 | $300,000 | SEE ATTACHED | ||||
| LEONORA JA YRJO PALOHEIMO SAAITO | ||||||||||
| 2023-04-12 | $237,317 | SEE ATTACHED | RISTINUMMENTIE 21 | JARVENPAA | FI | 04420 | ||||
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | FIXED INCOME SECURITIES | BondNm |
| EOY Book Value | $1,323,728 | EOYBookValueAmt |
| EOYFMV | $1,315,340 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| US LARGE-CAP EQUITIES | $1,963,736 | $5,362,295 |
| ETF EQUITY | $462,114 | $447,216 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BTAS VIII OFFSHORE | AT COST | $86,784 | $58,968 |
| BTAS 2015 | AT COST | $314,918 | $333,378 |
| PRIMEXX ENERGY OPPORTUNITY FUND | AT COST | $217,641 | $3,070 |
| WTC MULTI STRATEGY FUND OFFSHORE | AT COST | $483,727 | $782,852 |
| BTAS VI-A | AT COST | $754,908 | $832,759 |
| BTAS IV-A | AT COST | $579,738 | $748,923 |
| WTC PART US SMID CAP EQUITY | AT COST | $934,843 | $1,423,814 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | VELLA LAW | CategoryTxt |
| Legal Fees | $36,158 | LegalFeesAmt |
| Net Investment Income | $7,232 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $28,926 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAXES | Desc |
| Amt | $17,576 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| RENTAL EXPENSES | $34,036 | $34,036 | $0 | $0 |
| BUSINESS LICENSE | $256 | $256 | $0 | $0 |
| INSURANCE | $750 | $600 | $0 | $150 |
| DUES | $1,590 | $0 | $0 | $1,590 |
| WEBSITE | $413 | $0 | $0 | $413 |
| BANK FEES | $20 | $20 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $16,146 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $16,146 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER TIMING DIFFERENCES | Desc |
| Amt | $822 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| BOY Book Value | $103,839 | BOYBookValueAmt |
| EOY Book Value | $103,839 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | CategoryTxt |
| Amt | $1,881 | Amt |
| Net Investment Income | $1,881 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |