PALOHEIMO FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: PALOHEIMO FOUNDATION (EIN 94-6752361)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-08
IRS object ID: 202313129349101421
Schema version: 2022v5.0
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 Liabilities Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-08T14:26:05-06:00	ReturnTs
Tax Period End	2022-12-31	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	2022-01-01	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 1810 FAIR OAKS AVE 20	AddressLine1Txt
City	SOUTH PASADENA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	910304771	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	David G Covell Jr	PersonNm
Person Title	Trustee	PersonTitleTxt
Phone	6265854377	PhoneNum
Signature	2023-11-08	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	David	PersonFirstNm
Person Last	Covell Jr	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	WADE E STEVENS	PreparerPersonNm
PTIN	P01750790	PTIN
Phone	6264629280	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$24,912,061	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	$193,153	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$193,153	DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss	$650,456	GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm	$650,456	GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss	$650,456	NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss	$243,535	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$3,357,907	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$243,535	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$98,510	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$98,510	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$0	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$1,185,654	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,185,654	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$321,926	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$112,674	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$209,252	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$14,915	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$2,983	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$11,932	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$14,910	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$2,982	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$11,928	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$2,103	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$2,103	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$27,430	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$2,742	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm	$0	TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$24,687	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$37,483	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$37,328	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$155	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$418,767	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$160,812	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$257,954	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,492,791	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,492,791	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,911,558	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$160,812	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$1,750,745	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$725,904	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,024,842	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$937,791	CashBOYAmt
Cash EOY	$1,152,591	CashEOYAmt
Cash EOYFMV	$1,152,591	CashEOYFMVAmt
Corporate Stock BOY	$2,810,365	CorporateStockBOYAmt
Corporate Stock EOY	$2,698,203	CorporateStockEOYAmt
Corporate Stock EOYFMV	$4,745,655	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$1,568,085	CorporateBondsBOYAmt
Corporate Bonds EOY	$1,275,581	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$1,250,954	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	$14,050,000	LandBldgInvestmentsEOYFMVAmt
Other Investments BOY	$3,693,358	OtherInvestmentsBOYAmt
Other Investments EOY	$3,125,629	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$3,712,861	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$13,429,599	TotalAssetsBOYAmt
Total Assets EOY	$12,672,004	TotalAssetsEOYAmt
Total Assets EOYFMV	$24,912,061	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	$13,325,760	CapitalStockBOYAmt
Capital Stock EOY	$13,303,260	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$0	RetainedEarningBOYAmt
Retained Earning EOY	-$735,095	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$13,325,760	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$12,568,165	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$13,429,599	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$12,672,004	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$13,325,760	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$725,904	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$12,599,856	SubtotalAmt
Other Decreases	$31,691	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$12,568,165	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
1431 SHS CALLON PETE CO	P	2021-05-03	2022-05-03	$75,003	$90,146	-$15,143	-$15,143
2307 SHS VANGUARD EMERGING MARKET EQUITY	P	2020-12-11	2022-05-03	$100,753	$113,882	-$13,129	-$13,129
PUBLICLY TRADED SECURITIES - WHITTIER TRUST COMPANY FIXED ASSETS	P	2021-12-31	2022-12-31	$160,914	$167,510	-$6,596	-$6,596
PUBLICLY TRADED SECURITIES - WHITTIER TRUST COMPANY FIXED ASSETS	P	2021-12-31	2022-12-31	$857,351	$889,516	-$32,165	-$32,165
PUBLICLY TRADED SECURITIES - WHITTIER TRUST COMPANY FIXED ASSETS	P	2021-12-31	2022-12-31	$83,882	$92,897	-$9,015	-$9,015
PUBLICLY TRADED SECURITIES - WHITTIER TRUST COMPANY FIXED ASSETS	P	2021-12-31	2022-12-31	$1,111,623	$1,189,187	-$77,564	-$77,564
PUBLICLY TRADED SECURITIES - CHARLES SCHWAB	P	2021-12-31	2022-12-31	$24,377	$42,411	-$18,034	-$18,034
PUBLICLY TRADED SECURITIES - CHARLES SCHWAB	P	2021-12-31	2022-12-31	$943,962	$516,456	$427,506	$427,506
FROM PARTNERSHIP K-1	P	2021-12-31	2022-12-31		$12,367	-$12,367	-$12,367
PUBLICLY TRADED SECURITIES - CHARLES SCHWAB	P	2021-12-31	2022-12-31	$42		$42	$42

Field	Value	IRS element (for citing)
Capital Gain Net Income	$243,535	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$14,245	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$14,245	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$14,245	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$30,124	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$30,124	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$15,879	OverpaymentAmt
Applied To ES Tax	$15,879	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	625 FAIR OAKS AVENUE STE 360	AddressLine1Txt
City	SOUTH PASADENA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	910304771	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	$15,500	$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	$288,426	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	$7,830,596	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,075,923	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$16,355,898	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$25,262,417	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$25,262,417	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$378,936	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$24,883,481	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,244,174	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,244,174	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$14,245	TaxBasedOnInvestmentIncomeAmt
Total Tax	$14,245	TotalTaxAmt
Distributable Before Adj	$1,229,929	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$1,229,929	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$1,229,929	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,750,745	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$1,750,745	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,229,929	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$317,492	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$483,821	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$497,158	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$787,618	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$479,579	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$2,565,668	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,750,745	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$1,229,929	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$520,816	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$3,086,484	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	$317,492	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$2,768,992	ExcessDistriCyovToNextYrAmt
Excess From Year4	$483,821	ExcessFromYear4Amt
Excess From Year3	$497,158	ExcessFromYear3Amt
Excess From Year2	$787,618	ExcessFromYear2Amt
Excess From Year1	$479,579	ExcessFromYear1Amt
Excess From Current Year	$520,816	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 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	$400,000
Autry Museum of the American West
4700 Western Heritage Way	Los Angeles	CA	90027	N/A	PC	Human Nature: Waterways	$50,000
El Rancho de Las Golondrinas
334 Los Pinos Rd	Santa Fe	NM	87507	N/A	PC	Membership match, wastewater treatment	$227,230
Finlandia Foundation National
254 N Lake Ave	Pasadena	CA	91101	N/A	PC	Matching grant, administration, technology, newsletter and special projects	$300,000
Finlandia University
601 Quincy St	Hancock	MI	49930	N/A	PC	Paloheimo Fellows Program 2022-2023	$55,000
Leonora Ja Yrjo Paloheimo Saatio
1600 Huntington Blvd	South Pasadena	CA	91030	N/A	PC - Foreign	General operating support	$114,979
Paloheimo Charitable Trust
1600 Huntington Blvd	Pasadena	CA	91101	N/A	POF	Building improvements	$54,582
Pasadena Historical Museum Inc
470 W Walnut Street	Pasadena	CA	91103	N/A	PC	Membership matching	$166,000
School for Advanced Research
PO Box 2188	Santa Fe	NM	87505	N/A	PC	Paloheimo Fellows Communication Activities & Scholar Program	$125,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,492,791	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	$193,153	ExclusionAmt

Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp

Field	Value	IRS element (for citing)
Exclusion	16	ExclusionCd
Exclusion	$650,456	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$243,535	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Exclusion	14	ExclusionCd
Exclusion	$98,510	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,185,654	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,185,654	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	$14,910	Amt
Net Investment Income	$2,982	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$11,928	DisbursementsCharitablePrpsAmt

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp (4 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	2022-03-25	$400,000	SEE ATTACHED
FINLANDIA FOUNDATION NATIONAL
254 N LAKE AVENUE	PASADENA	CA	91101	2022-03-25	$300,000	SEE ATTACHED
PALOHEIMO CHARITABLE TRUST
1600 HUNTINGTON BLVD	PASADENA	CA	91101	2022-03-25	$54,582	SEE ATTACHED
LEONORA JA YRJO PALOHEIMO SAAITO
				2022-03-25	$114,979	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	$1,275,581	EOYBookValueAmt
EOYFMV	$1,250,954	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
NON-US EQUITY (DEVELOPED)	$168,350	$150,470
NON-US EQUITY (EMERGING)	$293,763	$264,362
US SMALL-CAP EQUITIES	$430,287	$268,940
US LARGE-CAP EQUITIES	$1,805,803	$4,061,883

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	$34,617	$38,291
BTAS 2015	AT COST	$378,914	$410,627
PRIMEXX ENERGY OPPORTUNITY FUND	AT COST	$222,613	$3,070
WTC MULTI STRATEGY FUND OFFSHORE	AT COST	$498,328	$733,073
BTAS VI-A	AT COST	$511,900	$602,747
BTAS IV-A	AT COST	$609,644	$812,884
WTC PART US SMID CAP EQUITY	AT COST	$869,613	$1,112,169

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	VELLA LAW	CategoryTxt
Legal Fees	$14,915	LegalFeesAmt
Net Investment Income	$2,983	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$11,932	DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
EXCISE TAXES	$22,500
OTHER TIMING DIFFERENCES	$9,191

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
RENTAL EXPENSES	$36,464	$36,464	$0	$0
BUSINESS LICENSE	$244	$244	$0	$0
INSURANCE	$775	$620	$0	$155

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Revenue And Expenses Per Books	$98,510	RevenueAndExpensesPerBooksAmt
Net Investment Income	$98,510	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

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	$2,103	Amt
Net Investment Income	$2,103	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt