SULENTIC FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SULENTIC FAMILY FOUNDATION (EIN 20-8025263)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202533219349102918
- 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
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Reasonable Cause Explanation
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T10:28:30-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | 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 | 208025263 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sulentic Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | SULE | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JUDITH MOSES | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2025-11-13 | 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 | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| 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 | $9,930,952 | 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 | $1,990,059 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $15,668 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $15,668 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $98,870 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $98,870 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $333,404 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $642,490 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $333,404 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $5,672 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $77 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,443,673 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $448,019 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $33,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $33,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $2,525 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $2,525 | PensionEmplBnftDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,453 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $53 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $38,540 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,948 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $36,592 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $77,518 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,001 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $72,117 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $525,824 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $414,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $603,342 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,001 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $486,117 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,840,331 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $446,018 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $511,118 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $579,616 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $579,616 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $3,016 | AcctRcvblAmt |
| Acct Rcvbl EOY | $3,016 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $3,016 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $4,289,191 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,070,812 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,342,679 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $52,663 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $39,859 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,641 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $4,852,972 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,693,303 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,930,952 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $4,852,972 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,693,303 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,852,972 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,693,303 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,852,972 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,693,303 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,852,972 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,840,331 | ExcessRevenueOverExpensesAmt |
| Subtotal | $6,693,303 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $6,693,303 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $638,681 | $297,344 | $341,337 | $341,337 | |||
| Passthrough K1 Capital Gain/(Loss) | $6,726 | ||||||
| PB STRATEGIC PARTNERS FEEDER FUND IV LP | $3,809 | $18,468 | -$14,659 | -$14,659 | P | 2008-07-23 | 2024-12-31 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $333,404 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,200 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $6,200 | SubtotalAmt |
| Tax Based On Investment Income | $6,200 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,066 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $3,500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $6,566 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $366 | OverpaymentAmt |
| Applied To ES Tax | $366 | AppliedToESTaxAmt |
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 | TX | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| Bob James | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Judy Moses | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Sec, Dir | 6.0 | $33,000 | $0 | $0 |
| Frank Piasta | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Robert Sulentic | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir | 1.0 | $0 | $0 | $0 |
| Susan Sulentic | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Ellie Katherine Sulentic Benjamin | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,403,363 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $433,941 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $9,466 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,846,770 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,846,770 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $117,702 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,729,068 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $386,453 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $386,453 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,200 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,200 | TotalTaxAmt |
| Distributable Before Adj | $380,253 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $5,004 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $385,257 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $385,257 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $486,117 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $111,824 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $597,941 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $385,257 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $398,889 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,485,819 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $243,486 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $349,748 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $155,750 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,633,692 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $597,941 | QualifyingDistributionsAmt |
| Applied To Current Year | $385,257 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $212,684 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,846,376 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $398,889 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,447,487 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,485,819 | ExcessFromYear4Amt |
| Excess From Year3 | $243,486 | ExcessFromYear3Amt |
| Excess From Year2 | $349,748 | ExcessFromYear2Amt |
| Excess From Year1 | $155,750 | ExcessFromYear1Amt |
| Excess From Current Year | $212,684 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Robert Sulentic | ContributingManagerNm |
| Contributing Manager | Susan Sulentic | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 4WORD | |||||||
| 4516 LOVERS LANE STE 205 | DALLAS | TX | 75225 | N/A | PC | General & Unrestricted | $10,000 |
| BAYLOR HEALTH CARE SYSTEM FOUNDATION | |||||||
| 301 N WASHINGTON AVE | DALLAS | TX | 75246 | N/A | PC | The Orthopedic Residency Program | $25,000 |
| CANINE COMPANIONS FOR INDEPENDENCE | |||||||
| PO BOX 446 | SANTA ROSA | CA | 95402 | N/A | PC | the South Central Region to be used in support of the prison puppy raising programs at Carswell, Bryan, Bastrop and Beaumont; to one program in Phoenix, the South West Region, to be used in support of a service team that contains a dog raised in one of the SCR prison programs | $60,000 |
| CHEF SHOWCASE FOUNDATION | |||||||
| 2100 MCKINNEY AVE STE 700 | DALLAS | TX | 75201 | N/A | PC | Charitable Event | $1,000 |
| CHILD MIND INSTITUTE INC | |||||||
| 215 E 50TH ST 5TH FL | NEW YORK | NY | 10022 | N/A | PC | In support of two initiatives - School & Community Programs and the Healthy Brain Network | $25,000 |
| CORNERSTONE BAPTIST CHURCH | |||||||
| PO BOX 152551 | DALLAS | TX | 75316 | N/A | PC | General & Unrestricted | $3,000 |
| COUNCIL BLUFFS SCHOOLS FOUNDATION INC | |||||||
| 300 W BROADWAY STE 212 | COUNCIL BLFS | IA | 51503 | N/A | PC | to support The Abraham Lincoln Youth Football Association's Start Up Costs | $10,000 |
| DALLAS CHILDRENS ADVOCACY CENTER | |||||||
| 5351 SAMUELL BLVD | DALLAS | TX | 75228 | N/A | PC | DCAC Lecture Series for Training | $25,000 |
| DALLAS WIND SYMPHONY | |||||||
| PO BOX 140398 | DALLAS | TX | 75214 | N/A | PC | Youth Education Programs | $60,000 |
| EO WILSON BIODIVERSITY FOUNDATION | |||||||
| 300 BLACKWELL ST STE 102 | DURHAM | NC | 27701 | N/A | PC | General & Unrestricted | $20,000 |
| HEROES AND HORSES INC | |||||||
| 50 ADOBETOWN RD | VIRGINIA CITY | MT | 59755 | N/A | PC | to be directed to Program Costs and to be directed to the Pillars of Change capital campaign | $20,000 |
| HOLY INNOCENTS CHILDRENS MALARIA HOSPITAL UGANDA I | |||||||
| 12463 RANCHO BERNARDO RD 501 | SAN DIEGO | CA | 92128 | N/A | PC | to purchase Medical Equipment | $10,000 |
| IN THE CITY FOR GOOD | |||||||
| 7051 ORCHID LN | DALLAS | TX | 75230 | N/A | PC | Camp Grady Spruce Summer Camp | $10,000 |
| IOWA STATE UNIVERSITY FOUNDATION | |||||||
| 2505 UNIVERSITY BLVD | AMES | IA | 50010 | N/A | PC | the Sulentic Family Success Grant Fund and to the College of Liberal Arts and Sciences Excellence Fund | $60,000 |
| JUBILEE PARK & COMMUNITY CENTER CORPORATION | |||||||
| 917 BANK ST | DALLAS | TX | 75223 | N/A | PC | General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION) | $1,402 |
| KHAN ACADEMY INC | |||||||
| PO BOX 1630 | MOUNTAIN VIEW | CA | 94042 | N/A | PC | General & Unrestricted | $20,000 |
| LUNG CANCER RESEARCH FOUNDATION | |||||||
| PO BOX 780990 | PHILADELPHIA | PA | 19178 | N/A | PC | General Support | $10,000 |
| METROCREST SERVICES | |||||||
| 1145 N JOSEY LN | CARROLLTON | TX | 75006 | N/A | PC | General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION) | $1,052 |
| OUT TEACH | |||||||
| 1 THOMAS CIR NW STE 700 | WASHINGTON | DC | 20005 | N/A | PC | to support North Texas | $5,000 |
| PRESTON ROAD CHURCH OF CHRIST | |||||||
| 6409 PRESTON RD | DALLAS | TX | 75205 | N/A | PC | For Christ's Family Clinic towards expanding the hours of physician availability at the Clinic | $5,000 |
| SOCIETY OF ST VINCENT DE PAUL DIOCESAN COUNCIL OF | |||||||
| 3826 GILBERT AVE | DALLAS | TX | 75219 | N/A | PC | General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION) | $3,856 |
| ST ALBERT CATHOLIC HIGH SCHOOL | |||||||
| 400 GLEASON AVE | COUNCIL BLUFFS | IA | 51503 | N/A | PC | General & Unrestricted | $10,000 |
| THE FOUNDATION FOR COMMUNITY EMPOWERMENT | |||||||
| PO BOX 152926 | DALLAS | TX | 75315 | N/A | PC | Frazier Revitalization | $5,000 |
| TREC COMMUNITY INVESTORS | |||||||
| 3100 MCKINNON ST STE 1150 | DALLAS | TX | 75201 | N/A | PC | 2024 ALC Mill City Project | $10,000 |
| UNITED WAY OF METROPOLITAN DALLAS INC | |||||||
| 1800 N LAMAR ST | DALLAS | TX | 75202 | N/A | PC | General Community Impact Fund for Education, Financial Stability and Health Programs | $10,000 |
| CORNERSTONE BAPTIST CHURCH | |||||||
| PO BOX 152551 | DALLAS | TX | 75316 | N/A | PC | General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION) | $105,514 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $525,824 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $15,668 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $98,870 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $333,404 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| K-1 Inc/Loss | 14 | $77 |
| Federal Tax Refund | 01 | $591 |
| 2023 AIR CONDITIONER REFUND | 01 | $5,004 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $453,614 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $453,614 | 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 |
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 | Sulentic Robert | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2121 N Pearl St Ste 300 | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,990,059 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | CBRE GROUP CBRE, 7600 sh. | $991,648 | 2024-10-29 |
| 1 | ISHARES S&P 500 INDEX FD IVV, 1708 sh. | $998,411 | 2024-10-29 |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| PART I LINE 25 AND PART XIV LINE 3A | PART I LINE 25 AND PART XIV LINE 3A | TOTAL Part I, Line 25, Column (a) and Part XIV, Line 3a: $525,824 Less amount counted as a qualifying distribution on Part XI, Line 2: $111,824 TOTAL Part I, Line 25, Column (d): $414,000 |
| PART I LINE 25 AND PART XIV LINE 3A | PART I LINE 25 AND PART XIV LINE 3A | DISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING VALUE OF DONATED ITEMS: PURCHASE PRICE TOTAL FAIR MARKET VALUE OF PROPERTY: $111,824 TOTAL BOOK VALUE OF PROPERTY: $111,824 TOTAL CASH PORTION OF GRANTS: $- TOTAL AMOUNT OF GRANTS: $111,824 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES/DECREASES: $- DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: AIR CONDITIONERS UNITS: 316 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: CORNERSTONE BAPTIST CHURCH FMV OF PROPERTY: $105,514 BOOK VALUE OF PROPERTY: $105,514 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $105,514 DESCRIPTION OF PROPERTY: AIR CONDITIONERS UNITS: 4 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: JUBILEE PARK & COMMUNITY CENTER CORPORATION FMV OF PROPERTY: $1,402 BOOK VALUE OF PROPERTY: $1,402 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $1,402 DESCRIPTION OF PROPERTY: AIR CONDITIONERS UNITS: 3 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: METROCREST SERVICES FMV OF PROPERTY: $1,052 BOOK VALUE OF PROPERTY: $1,052 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $1,052 DESCRIPTION OF PROPERTY: AIR CONDITIONERS UNITS: 11 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: SOCIETY OF ST VINCENT DE PAUL COMMUNITY OUTREACH OF NORTH TEXAS FMV OF PROPERTY: $3,856 BOOK VALUE OF PROPERTY: $3,856 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $3,856 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (18 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CBRE GROUP | $2,222,198 | $4,936,503 |
| FIDELITY LOW VOLATILITY FACTOR | $30,979 | $49,199 |
| FIDELITY MSCI CONSUMER STAPLES | $84,849 | $111,336 |
| FIDELITY MSCI ENERGY INDEX ETF | $33,020 | $39,544 |
| FIDELITY MSCI HEALTH CARE INDE | $30,309 | $41,685 |
| FIDELITY MSCI UTILITIES INDEX | $109,894 | $126,716 |
| FIDELITY LOW DURATION BOND FAC | $87,319 | $86,071 |
| ISHARE SP SMALL CAP 600 INDEX | $54,241 | $80,905 |
| ISHARES BARCLAYS 1-3 YEAR TREA | $226,420 | $215,345 |
| ISHARES BARCLAYS TIPS BOND FUN | $129,897 | $120,564 |
| ISHARES BARCLAYS US AGGREGATE | $302,407 | $262,230 |
| ISHARES BARCLAYS US TREASURY B | $235,063 | $196,038 |
| ISHARES CORE MSCI EAFE ETF | $253,889 | $292,125 |
| ISHARES CORE MSCI EMERGING MAR | $114,452 | $116,726 |
| ISHARES IBOXX $ INVESTMENT GRA | $141,374 | $115,425 |
| ISHARES S&P 500 INDEX FD | $1,659,747 | $2,184,265 |
| SCHWAB US DIVIDEND EQUITY ETF | $126,159 | $150,132 |
| VANGUARD SHORT TERM CORPORATE | $228,595 | $217,870 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | CO-INVESTMENT FUND IV. L.P. - | CategoryOrItemTxt |
| Book Value | $39,859 | BookValueAmt |
| EOYFMV | $5,641 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $33,362 | $33,362 | |
| Bank Charges | $70 | $70 | |
| K-1 Exp CO-INVESTMENT FUND IV. | $776 | $776 | |
| K-1 Exp PB STRATEGIC PARTNERS | $1,102 | $1,102 | |
| 2024 AIR CONDITIONER FEES | $3,230 | $3,230 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| K-1 Inc/Loss CO-INVESTMENT FUND IV. L.P. - US TAX | $70 | $70 |
| K-1 Inc/Loss PB STRATEGIC PARTNERS FEEDER FUND IV | $7 | $7 |
| Federal Tax Refund | $591 | |
| 2023 AIR CONDITIONER REFUND | $5,004 |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | We respectfully request that Sulentic Family Foundation's quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $16 penalty indicated on Form 2220 be abated because the underpayment in Q3 and Q4 was due to reasonable cause. Treasury Regulations Sec 301.6651-1(c)(1) defines reasonable by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to calculate its quarterly estimates for tax period ending December 31, 2024. The firm was unable to reconcile the Foundation's accounts fully in order to calculate the necessary estimated tax payment for Q3 and Q4 based on the annualization method. The underpayment was no fault of the foundation's and the firm is enhancing its procedures to improve its reconciliation process for future quarters. We believe that the underpayment was due to reasonable cause and in no way due to an intentional disregard for the rules, and respectfully request that no 2220 penalty be assessed | ExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2024 | $2,000 | |
| 990-PF Extension for 2023 | $1,300 | |
| 990-T Extension for 2023 | $100 | |
| Foreign Tax Paid | $53 | $53 |