LAFFERTY FAMILY FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: LAFFERTY FAMILY FOUNDATION INC (EIN 59-6199488)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-10
IRS object ID: 202503149349102830
Schema version: 2024v5.2
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
Investments Corp Stock Schedule
Investments Other Schedule2
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-10T15:33:04-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	591818353	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	KAUFMAN ROSSIN & CO PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	100 SE 3RD AVENUE SUITE 2400	AddressLine1Txt
City	FT LAUDERDALE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33394	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	596199488	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LAFFERTY FAMILY FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LAFF	BusinessNameControlTxt
Phone	9544626300	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	651 VENEZIA GRANDE	AddressLine1Txt
City	NAPLES	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	34119	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	AMY HSIEH	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	6502692175	PhoneNum
Signature	2025-11-10	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	ANDREW S TAUBMAN CPA	PreparerPersonNm
PTIN	P00066513	PTIN
Phone	9545664400	PhoneNum
Preparation	2025-11-10	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	$2,590,329	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	$150,613	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$71,414	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$70,728	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$236,041	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,565,836	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$236,041	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$25,745	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$478	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$483,813	TotalRevAndExpnssAmt
Total Net Invst Incm	$307,247	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$11,550	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$2,888	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$3,658	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$317	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$19,238	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$18,268	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$34,446	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$21,473	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$110,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$110,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$144,446	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$21,473	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$110,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$339,367	ExcessRevenueOverExpensesAmt
Net Investment Income	$285,774	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$91,609	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$85,234	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$85,234	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$656,715	CorporateStockBOYAmt
Corporate Stock EOY	$432,022	CorporateStockEOYAmt
Corporate Stock EOYFMV	$761,493	CorporateStockEOYFMVAmt
Other Investments BOY	$1,224,896	OtherInvestmentsBOYAmt
Other Investments EOY	$1,668,037	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$1,743,602	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$1,973,220	TotalAssetsBOYAmt
Total Assets EOY	$2,185,293	TotalAssetsEOYAmt
Total Assets EOYFMV	$2,590,329	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	$1,973,220	RetainedEarningBOYAmt
Retained Earning EOY	$2,185,293	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$1,973,220	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$2,185,293	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$1,973,220	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,185,293	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$1,973,220	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$339,367	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$2,312,587	SubtotalAmt
Other Decreases	$127,294	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$2,185,293	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIES #0050	P	$289,590	$150,000	$139,590	$139,590
PUBLICLY TRADED SECURITIES #0065	P	$1,269,973	$1,179,795	$90,178	$90,178
CAPITAL GAINS DIVIDENDS	P	$6,273		$6,273	$6,273

Field	Value	IRS element (for citing)
Capital Gain Net Income	$236,041	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$3,972	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$3,972	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$3,972	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$2,200	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$4,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$6,200	TotalPaymentsAndCreditsAmt
Es Penalty	$7	EsPenaltyAmt
Overpayment	$2,221	OverpaymentAmt
Applied To ES Tax	$2,221	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	FL	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

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	THE ORGANIZATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9544626300	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	651 VENEZIA GRANDE	AddressLine1Txt
City	NAPLES	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	34119	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	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	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 (4 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
JOAN D LAFFERTY DEC 722025
411 NORTH NEW RIVER DR EAST 1904	FORT LAUDERDALE	FL	33301	PRESIDENT	1.00	$0	$0	$0
AMY LAFFERTY HSIEH
191 OAK GROVE AVENUE	ATHERTON	CA	94027	SECRETARY/TREASURER	1.00	$0	$0	$0
ROBERT W LAFFERTY SR
824 S RIO VISTA BOULEVARD	FORT LAUDERDALE	FL	33316	DIRECTOR	1.00	$0	$0	$0
KIMBERLY LAFFERTY ETZEL
651 VENEZIA GRANDE DRIVE	NAPLES	FL	34119	DIRECTOR	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
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	$2,260,055	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$150,031	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$39,984	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$2,450,070	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$2,450,070	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$36,751	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$2,413,319	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$120,666	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$120,666	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$3,972	TaxBasedOnInvestmentIncomeAmt
Income Tax	$3,495	IncomeTaxAmt
Total Tax	$7,467	TotalTaxAmt
Distributable Before Adj	$113,199	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$113,199	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$113,199	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$110,000	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$110,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$113,199	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$268,368	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr2	$21,590	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$289,958	TotalExcessDistributionCyovAmt
Qualifying Distributions	$110,000	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$110,000	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$3,199	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$3,199	ExcessDistributionCyovAppCYAmt
Total Corpus	$286,759	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	$265,169	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$21,590	ExcessDistriCyovToNextYrAmt
Excess From Year2	$21,590	ExcessFromYear2Amt

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	Address Line2RecipientUSAddress/AddressLine2Txt
ANN CHILDREN'S FUND
405 FIFTH AVENUE S	NAPLES	FL	34102	N/A	PUBLIC CHARITY	GENERAL OPERATIONS	$15,000
AVOW FOUNDATION INC
1095 WHIPPOORWILL LANE	NAPLES	FL	34105	N/A	PUBLIC CHARITY	GENERAL OPERATIONS	$5,000
COMMUNITY BIBLE CHURCH
4650 SW 30TH AVE	FORT LAUDERDALE	FL	33312	N/A	PUBLIC CHARITY	GENERAL OPERATIONS	$10,000
CORAL GABLES COMMUNITY FOUNDATION
1825 PONCE DE LEON BOULEVARD SUITE	CORAL GABLES	FL	33134	N/A	PUBLIC CHARITY	GENERAL OPERATIONS	$5,000	447
GRACE PLACE FOR CHILDREN AND FAMILIES INC
PO BOX 990531	NAPLES	FL	34116	N/A	PUBLIC CHARITY	GENERAL OPERATIONS	$5,000
MOORINGS PARK FOUNDATION
120 MOORINGS PARK DRIVE	NAPLES	FL	34105	N/A	PUBLIC CHARITY	GENERAL OPERATIONS	$5,000
PALAU (FKA LUIS PALAU ASSOCIATION)
PO BOX 50	PORTLAND	OR	97207	N/A	PUBLIC CHARITY	GENERAL OPERATIONS	$50,000
SAMARITAN'S PURSE
PO BOX 3000	BOONE	NC	28607	N/A	PUBLIC CHARITY	GENERAL OPERATIONS	$10,000
TELLING THE TRUTH
450 N SUNNY SLOPE ROAD SUITE 275	BROOKFIELD	WI	53005	N/A	PUBLIC CHARITY	GENERAL OPERATIONS	$5,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$110,000	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	$71,414	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	01	ExclusionCd
Exclusion	$478	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$236,041	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	S CORPORATION DISTRIBUTIONS	Desc
Business	230000	BusinessCd
Unrelated Business Taxbl Incm	$25,267	UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$25,267	UnrelatedBusinessTaxblIncmAmt
Exclusion	$307,933	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$333,200	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	JOAN D LAFFERTY DEC 722025	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	411 NORTH NEW RIVER DR EAST 1904	AddressLine1Txt
City	FORT LAUDERDALE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33301	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$150,613	TotalContributionsAmt
Noncash Contribution	Yes (X)	NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Noncash Property	420 SHARES OF APPLE, INC. COMMON STOCK AND 105 SHARES OF MICROSOFT CORPORATION COMMON STOCK	NoncashPropertyDesc
Fair Market Value	$150,613	FairMarketValueAmt
Received	2024-12-10	ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$11,550	Amt
Net Investment Income	$2,888	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
MORGAN STANLEY #0065 EQUITIES	$308,313	$483,009
MORGAN STANLEY #0050 EQUITIES	$123,709	$278,484

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (4 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
MORGAN STANLEY #0065 MUTUAL FUNDS	AT COST	$486,775	$485,845
MORGAN STANLEY #0065 ETFS	AT COST	$858,484	$894,995
MORGAN STANLEY #0050 MUTUAL FUNDS	AT COST	$322,778	$322,778
THE WESLEY COMPANIES, INC.	AT COST	$0	$39,984

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
UNREALIZED GAIN OR LOSS ON CONTRIBUTED SECURITIES	$126,904
MISCELLANEOUS TIMING DIFFERENCES	$390

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT ADVISORY FEES	$18,268	$18,268	$0
NORTHPOINT FINANCIAL	$959	$0	$0
POSTAGE REIMBURSEMENT	$11	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
UNSETTLED SALES	$478	$478	$478
S CORPORATION DISTRIBUTIONS	$25,267		$25,267

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES PAID	$317	$317	$0
ESTIMATED TAX PAYMENTS	$2,200	$0	$0
FEDERAL EXTENSION TAX PAYMENT	$1,141	$0	$0