DR PREM REDDY FAMILY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: DR PREM REDDY FAMILY FOUNDATION (EIN 33-0486173)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-09-08
IRS object ID: 202502519349101010
Schema version: 2024v5.0
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
Depreciation Schedule
Gain Loss Sale Other Assets Sch
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Land Schedule2
Investments Other Schedule2
Land Etc Schedule2
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-09-08T13:44:50-04:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	330252865	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ROORDA PIQUET & BESSEE INC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	3550 VINE ST SUITE 110	AddressLine1Txt
City	RIVERSIDE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	925074175	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	330486173	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DR PREM REDDY FAMILY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	DRPR	BusinessNameControlTxt
Phone	7602418000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	16850 BEAR VALLEY RD STE 200	AddressLine1Txt
City	VICTORVILLE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92395	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PREM REDDY	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	9092929578	PhoneNum
Signature	2025-08-08	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

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

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	FERNANDO G AYALA JR	PreparerPersonNm
PTIN	P01259082	PTIN
Phone	9516847781	PhoneNum
Preparation	2025-08-08	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	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	$48,072,894	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$113,173	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$113,173	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$725,624	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$725,624	DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss	$100,181	GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm	$100,181	GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss	$100,181	NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss	$408,488	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$4,426,360	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$406,338	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$663	OtherIncomeRevAndExpnssAmt
Total Rev And Expnss	$1,348,129	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,345,316	TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss	$47,280	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$47,280	OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss	$250,363	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$239,016	TaxesNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss	$13,432	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$13,432	DeprecAndDpltnNetInvstIncmAmt
Other Expenses Rev And Expnss	$61,412	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$21,597	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$39,815	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$372,487	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$321,325	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$39,815	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$561,562	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$561,562	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$934,049	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$321,325	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$601,377	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$414,080	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,023,991	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$1,151,922	CashBOYAmt
Cash EOY	$1,264,723	CashEOYAmt
Cash EOYFMV	$1,264,723	CashEOYFMVAmt
Corporate Stock BOY	$19,061,415	CorporateStockBOYAmt
Corporate Stock EOY	$20,799,093	CorporateStockEOYAmt
Corporate Stock EOYFMV	$20,799,093	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$7,461,241	CorporateBondsBOYAmt
Corporate Bonds EOY	$8,268,557	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$8,268,557	CorporateBondsEOYFMVAmt
Invst Land Cost Or Other Basis	$16,784,360	InvstLandCostOrOtherBasisAmt
Land Bldg Investments BOY	$16,784,360	LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY	$16,784,360	LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV	$16,784,360	LandBldgInvestmentsEOYFMVAmt
Other Investments BOY	$8,660	OtherInvestmentsBOYAmt
Other Investments EOY	$8,660	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$8,660	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$1,578,629	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$631,128	LandBldgEquipAccumDeprecAmt
Land BOY	$1,294,252	LandBOYAmt
Land EOY	$947,501	LandEOYAmt
Land EOYFMV	$947,501	LandEOYFMVAmt
Total Assets BOY	$45,761,850	TotalAssetsBOYAmt
Total Assets EOY	$48,072,894	TotalAssetsEOYAmt
Total Assets EOYFMV	$48,072,894	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$117,770	AccountsPayableBOYAmt
Accounts Payable EOY	$133,692	AccountsPayableEOYAmt
Total Liabilities BOY	$117,770	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$133,692	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$45,644,080	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$47,939,202	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$45,644,080	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$47,939,202	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$45,761,850	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$48,072,894	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$45,644,080	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$414,080	ExcessRevenueOverExpensesAmt
Other Increases	$1,881,042	OtherIncreasesAmt
Subtotal	$47,939,202	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$47,939,202	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
THE NORTHERN TRUST COMPANY	P	$658,724	$650,170	$8,554	$8,554
THE NORTHERN TRUST COMPANY	P	$2,707,230	$2,592,630	$114,600	$114,600
VANGUARD TTL STK MKT IPLS	P	$27,423	$26,031	$1,392	$1,392
VANGUARD TTL STK MKT IPLS	P	$472,577	$415,721	$56,856	$56,856

Field	Value	IRS element (for citing)
Capital Gain Net Income	$406,338	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$9,946	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$14,233	InvestmentIncomeExciseTaxAmt
Subtotal	$14,233	SubtotalAmt
Tax Based On Investment Income	$14,233	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$10,200	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$10,200	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$209	EsPenaltyAmt
Tax Due	$4,242	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	WWW.PREMREDDYFAMILYFOUNDATION.ORG	WebsiteAddressTxt
Individual With Books	YN REDDY	IndividualWithBooksNm
Phone	7602418000	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	16850 BEAR VALLEY RD	AddressLine1Txt
City	VICTORVILLE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92395	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	Yes (true)	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	Yes (true)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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
PREM REDDY
16850 BEAR VALLEY RD STE 200	VICTORIVILLE	CA	92395	PRESIDENT	000.00	$0	$0	$0
KAVITHA REDDY BHATIA
16850 BEAR VALLEY RD STE 200	VICTORIVILLE	CA	92395	SECRETARY	000.00	$0	$0	$0
SUNITHA REDDY
16850 BEAR VALLEY RD STE 200	VICTORIVILLE	CA	92395	DIRECTOR	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$28,680,189	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$549,887	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$17,740,521	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$46,970,597	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$46,970,597	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$704,559	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$46,266,038	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$2,313,302	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$2,313,302	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$14,233	TaxBasedOnInvestmentIncomeAmt
Total Tax	$14,233	TotalTaxAmt
Distributable Before Adj	$2,299,069	DistributableBeforeAdjAmt
Distributable Before Ded	$2,299,069	DistributableBeforeDedAmt
Distributable As Adjusted	$2,299,069	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$601,377	ExpensesAndContributionsAmt
Qualifying Distributions	$601,377	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$2,299,069	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr2	$4,859,688	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$4,859,688	TotalExcessDistributionCyovAmt
Qualifying Distributions	$601,377	QualifyingDistributionsAmt
Applied To Current Year	$601,377	AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus	$1,697,692	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$1,697,692	ExcessDistributionCyovAppCYAmt
Total Corpus	$3,161,996	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$3,161,996	ExcessDistriCyovToNextYrAmt
Excess From Year2	$3,161,996	ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	EXECUTIVE DIRECTOR	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	16716 BEAR VALLEY RD	AddressLine1Txt
City	VICTORVILLE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92395	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	7602418000	RecipientPhoneNum
Form And Info And Materials	GRANT APPLICANTS MUST SUBMIT A BROCHURE OR PAMPHLET FROM THE ORGANIZATION, DETAIL OF THE COMMUNITY SERVICES THE ORGANIZATION PROVIDES, AND THE EVENT OR PURPOSE FOR THE CHARITABLE DONATION ALONG WITH THE ORGANIZATION'S TAX IDENTIFICATION NUMBER. SCHOLARSHIP APPLICANTS MUST PROVIDE A CURRENT APPLICATION FORM FROM HTTPS://WWW.DVMC.COM/ABOUT-US/FOUNDATION.ASPX, AT LEAST TWO LETTERS OF REFERENCE FROM SCHOOL OR WORK, OFFICIAL HIGH SCHOOL/COLLEGE TRANSCRIPT AND SUPPORTING DATA, PERSONAL STATEMENT OF PLANS AND GOALS, AND A COPY OF THE MOST CURRENT PERSONAL INCOME TAX RETURN. THE CURRENT APPLICATION FORM IS ALSO AVAILABLE AT 16716 BEAR VALLEY ROAD, VICTORVILLE, CA 92395.	FormAndInfoAndMaterialsTxt
Submission Deadlines	NO TIME DEADLINES EXCEPT ON SCHOLARSHIPS. SCHOLARSHIP SUBMISSIONS ARE DUE ON MAY 31ST.	SubmissionDeadlinesTxt
Restrictions On Awards	SCHOLARSHIP PROGRAM IS OPEN TO ALL HIGH DESERT RESIDENTS WHO ARE CURRENTLY ENROLLED OR ARE PLANNING TO ENROLL IN AN ACCREDITED PROGRAM, LEADING TO A HEALTHCARE OR MEDICALLY RELATED FIELD.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (54 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	Province Or StateRecipientForeignAddress/ProvinceOrStateNm	CountryRecipientForeignAddress/CountryCd
VICTOR VALLEY COLLEGE
18422 BEAR VALLEY RD	VICTORVILLE	CA	92395	STUDENT	SCHOLARSHIP	$28,000
AZUSA PACIFIC UNIVERSITY
901 E ALSOTA AVE	AZUSA	CA	91702	STUDENT	SCHOLARSHIP	$13,000
CALIFORNIA BAPTIST UNIVERSITY
8432 MAGNOLIA AVE	RIVERSIDE	CA	92504	STUDENT	SCHOLARSHIP	$6,000
UCLA
405 HILGARD AVE	LOS ANGELES	CA	90095	STUDENT	SCHOLARSHIP	$12,000
KECK SCHOOL OF MEDICINE
700 CHILDS WAY	LOS ANGELES	CA	90089	STUDENT	SCHOLARSHIP	$3,500
UNIVERSITY OF SAN DIEGO
9500 GILMAN DR	LA JOLA	CA	92093	STUDENT	SCHOLARSHIP	$4,000
USC ALFRED MANN SCHOOL OF PHARMACY
1985 ZONAL AVE	LOS ANGELES	CA	90089	STUDENT	SCHOLARSHIP	$2,000
UNIVERSITY OF RIVERSIDE
900 UNIVERSITY AVE	RIVERSIDE	CA	92521	STUDENT	SCHOLARSHIP	$13,000
RIVERSIDE COMMUNITY COLLEGE
4800 MAGNOLIA AVE	RIVERSIDE	CA	92506	STUDENT	SCHOLARSHIP	$1,000
CA UNIVERSITY OF SCIENCE-MEDICINE
1501 VIOLET STREET	COLTON	CA	92324	STUDENT	SCHOLARSHIP	$5,500
CA UNIVERSITY SAN BERNARDINO
5500 UNIVERSITY PKWY	SAN BERNARDINO	CA	92407	STUDENT	SCHOLARSHIP	$3,500
UNIVERSITY OF IRVINE
102 ALDRICH HALL	IRVINE	CA	92697	STUDENT	SCHOLARSHIP	$9,500
KAISER SCHOOL ANETHESIA
100 S LOS ROBLES 501	PASADENA	CA	91101	STUDENT	SCHOLARSHIP	$2,000
UNIVERSITY OF SANTA BARBARA
1210 CHEADLE HALL	SANTA BARBARA	CA	93106	STUDENT	SCHOLARSHIP	$2,000
WEST COAST UNIVERSITY
2853 E GUASTI RD	ONTARIO	CA	91761	STUDENT	SCHOLARSHIP	$7,000
KENT STATE UNIVERSITY
800 E SUMMIT ST	KENT	OH	44240	STUDENT	SCHOLARSHIP	$13,550
UNIVERSITY OF REDLANDS
1200 E COLTON AVE	REDLANDS	CA	92371	STUDENT	SCHOLARSHIP	$1,000
CHAFFEY COLLEGE
5885 HAVEN AVE	RANCHO CUCAMONGA	CA	91737	STUDENT	SCHOLARSHIP	$1,000
CHAPMAN UNVERSITY
1 UNIVERSITY DR	ORANGE	CA	92866	STUDENT	SCHOLARSHIP	$1,500
GRAND CANYON UNIVERSITY
3300 W CAMELBACK RD	PHOENIX	AZ	85017	STUDENT	SCHOLARSHIP	$2,000
RACHEL ALLEN VOCATIONAL PROGRAM
3281 E GUASTI RD STE 700	ONTARIO	CA	91761	STUDENT	SCHOLARSHIP	$2,000
FAIRFIELD UNIVERSITY
1073 N BENSON RD	FAIRFIELD	CT	06824	STUDENT	SCHOLARSHIP	$4,500
UNIVERITY OF BERELEY CALIFORNIA
16 SPROUL HALL 1960	BERKELEY	CA	94720	STUDENT	SCHOLARSHIP	$1,500
UNIVERSITY FULLERTON CALIFORNIA
321 E CHAPMAN AVE	FULLERTON	CA	92832	STUDENT	SCHOLARSHIP	$1,500
MT SAN ANTONIO COLLEGE
1100 N GRAND AVE	WALNUT	CA	91789	STUDENT	SCHOLARSHIP	$1,000
HOWARD UNIVERSITY
2400 6TH STREET	WASHINGTON	DC	20059	STUDENT	SCHOLARSHIP	$1,000
YALE UNIVERSITY
PO BOX 208288	NEW HAVEN	CT	06511	STUDENT	SCHOLARSHIP	$1,500
UNIVERSITY OF PENNSYLVANIA
3451 WALNUT STREET	PHILADELPHIA	PA	19104	STUDENT	SCHOLARSHIP	$1,500
CHAMBERLAIN UNIVERSITY
DEPT CH 17520	PALATINE	IL	60055	STUDENT	SCHOLARSHIP	$2,500
ST JAMES SCHOOL OF MEDICINE
1480 RENAISSANCE DR STE 3	PART RIDGE	IL	60068	STUDENT	SCHOLARSHIP	$3,000
NIGHTINGALE COLLEGE
95 S STATE ST STE 400	SALT LAKE CITY	UT	84111	STUDENT	SCHOLARSHIP	$4,000
CREIGHTON UNIVERSITY OF MEDICINE
780330 CALIFORNIA PLAZA	OMAHA	NE	68178	STUDENT	SCHOLARSHIP	$2,000
UNIVERSITY ARLINGTON TEXAS
701 S NEDDERMAN DR	ARLINGTON	TX	76019	STUDENT	SCHOLARSHIP	$2,000
NORTHUMBRIA UNIVERSITY
				STUDENT	SCHOLARSHIP	$22,926	COLLEGE ST	TYNE	ELLISON PL, NEWCA	UK
LOVING HEARTS FOR ALL
14313 GENESEE TRAIL	AUSTIN	TX	78717		DONATION	$5,000
TELUGU ASSOCIATION OF NORTH TEXAS
606 RAGING RIVER RD	CEDAR PARK	TX	78613		DONATION	$5,000
TELANGANA AMERICAN TELUGU ASSOCIATI
5 INDEPENDENCE WAY STE 30	PRINCETON	NJ	08540		DONATION	$50,000
FRIENDLY TEMPLE
19015 TOWN CENTER DR STE	APPLE VALLEY	CA	92308		DONATION	$3,000
LEUKEMIA & LYMPHOMA SOCIETY
4929 WILSHIRE BLVD 800	LOS ANGELES	CA	90010		DONATION	$100,000
WISCONSIN ADAPTIVE SPORTS ASSOCIATI
715 TALON TRI	BROOKFIELD	WI	53045		DONATION	$10,000
AMERICAN LEGION
PO BOX 626	ADELANTO	CA	92301		DONATION	$5,000
TELUGU ASSOCIATION OF SOUTHERN CALI
14921 LARKSPUR CIRCLE	IRVINE	CA	92604		DONATION	$5,000
TELUGU ASSOCIATION SAN DIEGO
16958 SILVER PINE RD	SAN DIEGO	CA	92127		DONATION	$5,000
AMERICAN TELUGU ASSOCIATION
PO BOX 4496	NAPERVILLE	IL	60567		DONATION	$50,000
TELANGANA AMERICAN TELUGU ASSOCIATI
5 INDEPENDENCE WAY STE 30	PRINCETON	NJ	08540		DONATION	$50,000
TELUGU ASSOCIATION OF SOUTHERN CALI
14921 LARKSPUR CIRCLE	IRVINE	CA	92604		DONATION	$5,000
SRI ASHTALAKSHMI TEMPLE
10098 SYNOTT ROAD	SUGAR LAND	TX	77498		DONATION	$36,000
NAAF
6933 SVL BOX	VICTORVILLE	CA	92395		DONATION	$2,000
INLAND EMPIRE CRICKET COUNCIL
6530 VENETO PACE	RANCHO CUCAMONGA	CA	91701		DONATION	$2,086
INDIA HOME
178-36 WEXFORD TERRACE	JAMAICA	NY	11432		DONATION	$15,000
TELUGU ASSOCIATION OF SOUTHERN CALI
14921 LARKSPUR CIRCLE	IRVINE	CA	92604		DONATION	$15,000
SANKARA NETHRALAYA USA
9710 TRAVILLE GATEWAY DR	ROCKVILLE	MD	20850		DONATION	$10,000
VICTORVILLE SENIOR CITIZEN CLUB
14874 S MOJAVE DR	VICTOARVILLE	CA	92395		DONATION	$5,000
GOPIO LOS ANGELES
11433 ARLEE AVE	NORWALK	CA	90703		DONATION	$1,500

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$561,562	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$113,173	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$725,624	ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

Field	Value	IRS element (for citing)
Exclusion	16	ExclusionCd
Exclusion	$100,181	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$406,338	ExclusionAmt
Related Or Exempt Function Incm	$2,150	RelatedOrExemptFunctionIncmAmt

Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp

Field	Value	IRS element (for citing)
Business	453220	BusinessCd

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Exclusion	1	ExclusionCd
Exclusion	$663	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$1,345,979	ExclusionAmt
Related Or Exempt Function Incm	$2,150	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,348,129	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

Field	Value	IRS element (for citing)
Property	DEPRECIATION	PropertyDesc
Current Year Expense	$13,432	CurrentYearExpenseAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

Field	Value	IRS element (for citing)
Asset	TENANT IMPROVEMENT REPAYMNET	AssetDesc
How Acquired	PURCHASE	HowAcquiredTxt
Sold	2024-01	SoldDt
Gross Sales Price	$335,470	GrossSalesPriceAmt
Basis	$335,470	BasisAmt
Total Net	$2,150	TotalNetAmt
Accumulated Depreciation	$2,150	AccumulatedDepreciationAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	NORTHERN TRUST FIXED INCOME SEC	BondNm
EOY Book Value	$8,268,557	EOYBookValueAmt
EOYFMV	$8,268,557	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
VANGUARD TOTAL STOCK MARKET INDEX	$3,438,461	$3,438,461
NORTHERN TRUST EQUITY SECURITIES	$16,203,576	$16,203,576
NORTHERN TRUST REAL ESTATE FUNDS	$472,943	$472,943
NORTHERN TRUST COMMODITIES	$684,113	$684,113

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (11 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
MARIPOSA & 15 FWY	$3,160,144	$3,160,144	$3,160,144
DALE EVANS PKWY	$1,270,000	$1,270,000	$1,270,000
PALMDALE / BADLY MESA	$941,500	$941,500	$941,500
BEAR VALLEY & HWY 395	$1,253,608	$1,253,608	$1,253,608
HWY 395 & PALMDALE	$1,870,000	$1,870,000	$1,870,000
DOS PALMAS & HWY 395	$3,049,962	$3,049,962	$3,049,962
LUNA & BALDY MESA	$1,380,000	$1,380,000	$1,380,000
LAMESA VICTORVILLE	$1,933,699	$1,933,699	$1,933,699
CANTINA & HIGHWAY 395	$1,100,000	$1,100,000	$1,100,000
DOS PALMAS / MIMOSA	$805,038	$805,038	$805,038
DOS PALMAS RD	$20,409	$20,409	$20,409

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	ART	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$8,660	BookValueAmt
EOYFMV	$8,660	EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (4 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
BUILDING IMPROVEMENTS	$80,883	$40,947	$39,936	$39,936
BUILDINGS	$442,983	$385,419	$57,564	$57,565
EQUIPMENT	$204,763	$204,762	$1
LAND	$850,000		$850,000	$850,000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
BANK CHARGES	$136	$136
FOREIGN TAX WITHHELD	$16,589	$16,589
MAINTENANCE	$4,525	$4,525
SCHOLARSHIP PROGRAM EXPENSE	$39,815		$39,815
UTILITIES	$347	$347

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Revenue And Expenses Per Books	$663	RevenueAndExpensesPerBooksAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDesc	AmtAmt
UNREALIZED GAINS - NORTHERN TRUST	$1,282,773
UNREALIZED LOSSES - VANGUARD	$598,269

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
PROFESSIONAL FEES	$14,068	$14,068
INVESTMENT MANAGEMENT FEES	$33,212	$33,212

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
FEDERAL TAX EXPENSE	$10,729
LICENSES, FEES, AND PERMITS	$593
PROPERTY TAXES	$239,016	$239,016
STATE TAXES	$25