RAST FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- RAST FOUNDATION (EIN 81-0723895)
- Tax period
- 2023-10-01 to 2024-09-30
- Filed
- 2025-08-15
- IRS object ID
- 202542279349100209
- Schema version
- 2023v6.0
- 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
- Schedule B
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-08-15T10:00:13-05:00 | ReturnTs |
| Tax Period End | 2024-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1775 TYSONS BLVD | AddressLine1Txt |
| City | TYSONS | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810723895 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAST FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RAST | BusinessNameControlTxt |
| Phone | 3017951000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6600 ROCKLEDGE DRIVE STE 150 | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20817 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT L TRONE | PersonNm |
| Person Title | DIRECTOR, PRESIDENT | PersonTitleTxt |
| Phone | 3017951000 | PhoneNum |
| Signature | 2025-08-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOSEPH MEDINA | PreparerPersonNm |
| PTIN | P00972552 | PTIN |
| Phone | 7037471000 | PhoneNum |
| Preparation | 2025-08-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $94,805,201 | 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 | $11,993,953 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $188,740 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $188,366 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $220,027 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $219,917 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $17,502,296 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $84,138,859 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $17,496,380 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $217,247 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $213,035 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $30,122,263 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $18,117,698 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $25,536 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,768 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $12,768 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $107,206 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $53,603 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $53,603 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $147,647 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,788 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,055,110 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,043,670 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,335,499 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,111,829 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $66,371 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,826,765 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,826,765 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,162,264 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,111,829 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,893,136 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $25,959,999 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $17,005,869 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $135,612 | CashBOYAmt |
| Cash EOY | $1,373,625 | CashEOYAmt |
| Cash EOYFMV | $1,373,625 | CashEOYFMVAmt |
| Corporate Stock BOY | $11,029,105 | CorporateStockBOYAmt |
| Corporate Stock EOY | $48,302,348 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $48,302,348 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $66,350,942 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $45,129,228 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $45,129,228 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $77,515,659 | TotalAssetsBOYAmt |
| Total Assets EOY | $94,805,201 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $94,805,201 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $77,515,659 | RetainedEarningBOYAmt |
| Retained Earning EOY | $94,805,201 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $77,515,659 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $94,805,201 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $77,515,659 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $94,805,201 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $77,515,659 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $25,959,999 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $103,475,658 | SubtotalAmt |
| Other Decreases | $8,670,457 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $94,805,201 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY-TRADED SECURITIES | $84,138,859 | $66,654,326 | $17,484,533 | $17,484,533 | |
| FLOWTHROUGH GAIN FROM DYSON CAPITAL SERIES FUND LLC | $11,847 | $11,847 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $17,496,380 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $17,496,380 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $236,382 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $236,382 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $236,382 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $301,094 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $80,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $381,094 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $527 | EsPenaltyAmt |
| Overpayment | $144,185 | OverpaymentAmt |
| Applied To ES Tax | $144,185 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MD | 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 | ROBERT L TRONE | IndividualWithBooksNm |
| Phone | 3017951000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6600 ROCKLEDGE DRIVE STE 150 | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20817 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| ROBERT L TRONE | ||||||||
| 6600 ROCKLEDGE DRIVE STE 150 | BETHESDA | MD | 20817 | DIRECTOR, PRESIDENT | 0.00 | $0 | $0 | $0 |
| ANNA MARIE PARISI-TRONE | ||||||||
| 6600 ROCKLEDGE DRIVE STE 150 | BETHESDA | MD | 20817 | DIRECTOR, VICE PRESIDENT | 0.00 | $0 | $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 | JP MORGAN CHASE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 PINE STREET | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ADVISORY FEES | ServiceTypeTxt |
| Compensation | $107,056 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $32,914,249 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,951,606 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $54,370,674 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $90,236,529 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $90,236,529 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,353,548 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $88,882,981 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,444,149 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,444,149 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $236,382 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $236,382 | TotalTaxAmt |
| Distributable Before Adj | $4,207,767 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $4,207,767 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $4,207,767 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,893,136 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,893,136 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,207,767 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,438,926 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,893,136 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,438,926 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $454,210 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $3,753,557 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ROBERT L TRONE | ContributingManagerNm |
| Contributing Manager | ANNA MARIE PARISI-TRONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| ALZHEIMER'S DRUG DISCOVERY FOUNDATION | |||||||
| 57 W 57TH ST SUITE 904 | NEW YORK | NY | 10019 | PC | GREAT LADIES LUNCHEON AND FASHION SHOW | $10,000 | |
| ALZHEIMER'S ASSOCIATION | |||||||
| 225 NORTH MICHIGAN AVENUE SUITE | CHICAGO | IL | 60601 | PC | IN MEMORY OF THOMAS CAMPOPIANO JR. | $5,000 | 1700 |
| CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON INC | |||||||
| 924 G STREET NW | WASHINGTON | DC | 20001 | PC | OUR LADY OF MERCY PARISH | $100,000 | |
| BRIGHAM AND WOMEN'S HOSPITAL | |||||||
| 75 FRANCIS STREET | BOSTON | MA | 02115 | PC | 2024 CHASING HOPE LUNCHEON | $10,000 | |
| CHILDREN'S NATIONAL HOSPITAL FOUNDATION | |||||||
| 1 INVENTA PLACE 6TH FLOOR WEST | SILVER SPRING | MD | 20910 | PC | CHILDREN'S BALL 2024 | $5,000 | |
| DON BOSCO CRISTO REY | |||||||
| PO BOX 56481 | WASHINGTON | DC | 20040 | PC | PLEDGE DONATION | $191,475 | |
| IMAGINATION STAGE | |||||||
| 1333 H ST NE | WASHINGTON | DC | 20002 | PC | ANNUAL GALA | $5,000 | |
| KINDH | |||||||
| 10221 RIVER RD UNIT 60228 | POTOMAC | MD | 20859 | PC | GENERAL CONTRIBUTION | $2,000 | |
| MERCY HEALTH CLINIC | |||||||
| 7 METROPOLITAN COURT SUITE 1 | GAITHERSBURG | MD | 20878 | PC | GENERAL CONTRIBUTION | $5,000 | |
| NATIONAL MUSEUM OF WOMEN IN THE ARTS | |||||||
| 1250 NEW YORK AVENUE NW | WASHINGTON | DC | 20005 | PC | SPONSOR CIRCLE LEVEL | $2,500 | |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL | |||||||
| 262 DANNY THOMAS PLACE | MEMPHIS | TN | 38105 | PC | ST. JUDE GLOBAL GALA | $50,000 | |
| STONE RIDGE ANNUAL FUND | |||||||
| 9101 ROCKVILLE PIKE | ROCKVILLE | MD | 20814 | PC | GENERAL CONTRIBUTION | $10,000 | |
| THE WASHINGTON BALLET | |||||||
| 3515 WISCONSIN AVE NW | WASHINGTON | DC | 20016 | PC | PLEDGE FOR THE MISSION MOMENT/PADDLE RAISE | $25,000 | |
| THE WASHINGTON BALLET | |||||||
| 3515 WISCONSIN AVE NW | WASHINGTON | DC | 20016 | PC | 2024 GALA | $10,000 | |
| WILLIAMS COLLEGE | |||||||
| 880 MAIN ST | WILLIAMSTOWN | MA | 01267 | PC | DEAN'S DISCRETIONARY FUND | $120,000 | |
| AMERICAN ENDOWMENT FOUNDATION | |||||||
| 5700 DARROW RD STE 118 | HUDSON | OH | 44236 | PC | GENERAL CONTRIBUTION - NONCASH DONATION | $2,008,290 | |
| CHARLIE WELLMAN MEMORIAL FUND | |||||||
| 4776 AMELIA ISLAND KWY APT 97 | FERNANDINA BEACH | FL | 32034 | PC | GENERAL CONTRIBUTION | $5,000 | |
| ITALIAN CULTURAL SOCIETY OF WASHINGTON DC | |||||||
| 4833 RUGBY AVE STE 201 | BETHESDA | MD | 20814 | PC | 2024 GALA AWARDS DINNER | $10,000 | |
| SCOTLAND AFRICAN METHODIST EPISCOPAL ZION CHURCH | |||||||
| 3921 23RD PL | TEMPLE HILLS | MD | 20748 | PC | SECOND CENTURY PROJECT | $250,000 | |
| ST HEDWIG'S CHURCH | |||||||
| 408 S HARRISON ST | WILMINGTON | DE | 19805 | PC | IN MEMORY OF JOSEPH M RYBALTOWSKI | $2,500 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,826,765 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $188,740 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $220,027 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $213,035 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $17,502,296 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PASSTHROUGH INCOME | Desc |
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | $4,212 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $4,212 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $18,124,098 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $18,128,310 | 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 |
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 | ROBERT TRONE ANNA PARISI-TRONE | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9829 AVENEL FARM DRIVE | AddressLine1Txt |
| City | POTOMAC | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20854 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $11,993,953 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | MARKET LINKED SECURITIES AND PUBLICLY TRADED STOCK | NoncashPropertyDesc |
| Fair Market Value | $7,493,953 | FairMarketValueAmt |
| Received | 2023-12-26 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $25,536 | Amt |
| Net Investment Income | $12,768 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $12,768 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990-PF, PART I, LINE 25 - NON-CASH GRANTS PAID | FormAndLineReferenceDesc |
| Medium Explanation | RECIPIENT: AMERICAN ENDOWMENT FOUNDATIONDATE: 09.11.2024NON-CASH GRANTS PAID: STOCK: UNITEDHEALTH GROUP INC COM QUANTITY OF SHARES: 355 BOOK VALUE: $207,740.68 FMV: $207,740.68 STOCK: PROGRESSIVE CORP COM QUANTITY OF SHARES: 420 BOOK VALUE: $103,983.62 FMV: $103,983.62 STOCK: NVIDIA CORPORATION COM QUANTITY OF SHARES: 3,712 BOOK VALUE: $416,876.16 FMV: $416,876.16 STOCK: MICROSOFT CORP COM QUANTITY OF SHARES: 1,257 BOOK VALUE: $523,898.75 FMV: $523,898.75 STOCK: KKR & CO INC COM QUANTITY OF SHARES: 1,051 BOOK VALUE: $122,116.69 FMV: $122,116.69 STOCK: BROADCOM INC COM QUANTITY OF SHARES: 1,049 BOOK VALUE: $159,400.80 FMV: $159,400.80 STOCK: APPLE INC COM QUANTITY OF SHARES: 2,151 BOOK VALUE: $474,273.99 FMV: $474,273.99 BOOK VALUE AND FAIR MARKET VALUE IS THE QUOTED STOCK PRICE ON DATE OF GIFT | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (53 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC COM | $533,196 | $533,196 |
| ALPHABET INC CL A | $1,532,786 | $1,532,786 |
| AMAZON COM INC | $1,499,584 | $1,499,584 |
| ANALOG DEVICES INC COM | $632,277 | $632,277 |
| APPLE INC COM | $1,892,193 | $1,892,193 |
| ARISTA NETWORKS INC COM | $543,489 | $543,489 |
| BANK AMER CORP COM | $297,481 | $297,481 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | $441,850 | $441,850 |
| BOOKING HLDGS INC COM | $720,273 | $720,273 |
| BROADCOM INC | $683,445 | $683,445 |
| CAPITAL ONE FINL CORP COM | $413,704 | $413,704 |
| CHUBB LTD COM | $536,694 | $536,694 |
| CINTAS CORP COM | $799,638 | $799,638 |
| CORTEVA INC COM | $556,800 | $556,800 |
| COSTCO WHOLESALE CORP NEW COM | $602,834 | $602,834 |
| DANAHER CORP COM | $452,895 | $452,895 |
| EATON CORPORATION PLC SHS | $434,186 | $434,186 |
| ELI LILLY & CO | $1,017,945 | $1,017,945 |
| EXXON MOBIL CORP COM | $480,602 | $480,602 |
| FORTIVE CORP COM | $486,603 | $486,603 |
| GXO LOGISTICS INC COM | $326,791 | $326,791 |
| HESS CORP COM | $368,018 | $368,018 |
| HOME DEPOT INC COM | $466,385 | $466,385 |
| IDEXX LABORATORIES CORP | $309,195 | $309,195 |
| INTERCONTINENTAL EXCHANGE INC COM | $672,439 | $672,439 |
| INTUITIVE SURGICAL INC | $863,653 | $863,653 |
| KKR & CO INC | $517,880 | $517,880 |
| LAM RESEARCH CORP | $315,823 | $315,823 |
| LINDE PLC | $611,811 | $611,811 |
| MCKESSON CORP | $452,394 | $452,394 |
| META PLATFORMS INC | $1,313,750 | $1,313,750 |
| MICROSOFT CORP | $2,042,634 | $2,042,634 |
| MONDELEZ INTERNATIONAL | $566,080 | $566,080 |
| MORGAN STANLEY | $500,665 | $500,665 |
| NVIDIA CORP | $1,701,860 | $1,701,860 |
| PALO ALTO NETWORKS INC | $549,614 | $549,614 |
| PARKER HANNIFIN CORP | $763,238 | $763,238 |
| PEPSICO INC | $572,898 | $572,898 |
| PHILLIPS 66 | $441,409 | $441,409 |
| PROGRESSIVE CORP-OHIO | $402,463 | $402,463 |
| QUANTA SVCS INC COM | $699,758 | $699,758 |
| ROPER TECHNOLOGIES INC COM | $437,362 | $437,362 |
| SERVICENOW INC COM | $739,660 | $739,660 |
| SOUTHERN CO | $381,281 | $381,281 |
| TJX COMPANIES INC NEW | $625,078 | $625,078 |
| ULTA BEAUTY INC | $377,057 | $377,057 |
| UNION PACIFIC CORP | $590,320 | $590,320 |
| UNITEDHEALTH GROUP INC | $784,056 | $784,056 |
| US BANCORP DEL | $367,898 | $367,898 |
| VISA INC | $687,100 | $687,100 |
| WALT DISNEY CO | $326,854 | $326,854 |
| FIXED INCOME | $13,515,060 | $13,515,060 |
| WELLS FARGO & CO | $453,389 | $453,389 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (12 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ALTERNATIVE INVESTMENTS | AT COST | $687,049 | $687,049 |
| ALTERNATIVE ASSETS (EQUINIX & PROLOGICS) | AT COST | $1,288,556 | $1,288,556 |
| MEADE DIGITAL ENTERPRISES | AT COST | $399,999 | $399,999 |
| BIG CATCH DIGITAL ENTERPRISES | AT COST | $400 | $400 |
| BLUE MARLIN KINDERS SPV LLC | AT COST | $19,882,027 | $19,882,027 |
| BLUE MARLIN KINDERS II SPV LLC | AT COST | $5,000,000 | $5,000,000 |
| BLUE MARLIN KINDERS II | AT COST | $9,592,383 | $9,592,383 |
| BLUE MARLIN SUPERFREEZE | AT COST | $2,520,976 | $2,520,976 |
| BLUE MARLIN SUPERFREEZE II | AT COST | $881,295 | $881,295 |
| BLUE MARLIN SANDLER | AT COST | $2,846,252 | $2,846,252 |
| BLUE MARLIN SOLGEN SPV, LLC | AT COST | $976,214 | $976,214 |
| DYSON CAPITAL SERIES FUNDING LLC | AT COST | $1,054,077 | $1,054,077 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED LOSS | $6,781,593 |
| PRIOR PERIOD ADJUSTMENT FOR CLEARED OUTSTANDING CHECK | $10,000 |
| PRIOR PERIOD ADJUSTMENT | $1,878,864 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER PASSTHROUGH DEDUCTIONS | Desc |
| Revenue And Expenses Per Books | $1,055,110 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $1,043,670 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PASSTHROUGH INCOME | $213,035 | $213,035 | $0 |
| PASSTHROUGH INCOME | $4,212 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $107,206 | Amt |
| Net Investment Income | $53,603 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $53,603 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT INCOME TAXES | $147,647 | $0 | $0 | $0 |
| FOREIGN TAXES PAID | $0 | $1,788 | $0 | $0 |