KROUSE FAMILY FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- KROUSE FAMILY FOUNDATION INC (EIN 26-1514117)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202523219349105327
- 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
- Expenditure Responsibility Stmt
- 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 | 2025-11-17T14:15:46-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 920460586 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PWC US TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 MADISON AVE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100176204 | 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 | 261514117 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KROUSE FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KROU | BusinessNameControlTxt |
| Phone | 5613940550 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 TOWN CENTER CIRCLE 470 | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33486 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RODGER R KROUSE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5613940550 | PhoneNum |
| Signature | 2025-11-11 | 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 | CLAUDIO DEVELLIS | PreparerPersonNm |
| PTIN | P01452793 | PTIN |
| Phone | 6464713000 | 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 | $41,297,654 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $328,570 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $328,570 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,864,812 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,864,812 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,530,136 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,961,384 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,530,136 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $116,544 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $109,683 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $4,840,062 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,833,201 | 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 |
| Other Prof Fees Rev And Expnss | $39,925 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $39,925 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $16,924 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $16,924 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $82,592 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,208 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $106,651 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $106,651 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $246,092 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $165,708 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,359,158 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,359,158 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,605,250 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $165,708 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,359,158 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,234,812 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,667,493 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $651,718 | CashBOYAmt |
| Cash EOY | $482,679 | CashEOYAmt |
| Cash EOYFMV | $482,679 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $1,316,542 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $165,665 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $165,665 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $4,649,290 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,675,150 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,675,150 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $31,705,513 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $31,974,160 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $31,974,160 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $38,323,063 | TotalAssetsBOYAmt |
| Total Assets EOY | $41,297,654 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $41,297,654 | 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 | $38,323,063 | RetainedEarningBOYAmt |
| Retained Earning EOY | $41,297,654 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $38,323,063 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $41,297,654 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $38,323,063 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $41,297,654 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $38,323,063 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,234,812 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $41,557,875 | SubtotalAmt |
| Other Decreases | $260,221 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $41,297,654 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| K-1 - PRF FUND I LP | P | $4,137 | $4,137 | ||||
| K-1 - RENAISSANCE INSTITUTIONAL DIVERSIFIED | P | $110,404 | $110,404 | ||||
| K-1 - FORTRESS CREDIT OPPORTUNITIES FUND | P | -$1,416 | -$1,416 | ||||
| K-1 - PRF FUND I LP | P | $7,138 | $7,138 | ||||
| K-1 - RENAISSANCE INSTITUTIONAL DIVERSIFIED | P | $810,138 | $810,138 | ||||
| K-1 - FORTRESS CREDIT OPPORTUNITIES FUND | P | $26,431 | $26,431 | ||||
| GAIN ON REDEMPTION - THIRD POINT STRUCTURED CREDIT OPPORT. OFFSHORE FUND | P | $1,573,304 | $1,573,304 | 2020-06-30 | 2024-10-15 | $3,961,384 | $2,388,080 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,530,136 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $113,125 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $64,878 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $64,878 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $64,878 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $30,345 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $85,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $115,345 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $50,467 | OverpaymentAmt |
| Applied To ES Tax | $50,467 | 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 |
| Individual With Books | BENJAMIN ENGSTROM | IndividualWithBooksNm |
| Phone | 5613940550 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 TOWN CENTER CIRCLE SUITE 470 | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33486 | 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 | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|
| RODGER R KROUSE | ||||||||
| 5200 TOWN CENTER CIRCLE SUITE 470 | BOCA RATON | FL | 33486 | DIRECTOR/PRESIDENT | 1.00 | $0 | $0 | $0 |
| HILLARY KROUSE | ||||||||
| 5200 TOWN CENTER CIRCLE SUITE 470 | BOCA RATON | FL | 33486 | DIRECTOR/PRESIDENT | 1.00 | $0 | $0 | $0 |
| MARC J LEDER | ||||||||
| 5200 TOWN CENTER CIRCLE SUITE 470 | BOCA RATON | FL | 33486 | DIRECTOR/PRESIDENT | 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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,998,695 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,085,778 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $32,009,038 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $40,093,511 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $40,093,511 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $601,403 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $39,492,108 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,974,605 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,974,605 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $64,878 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $1,231 | IncomeTaxAmt |
| Total Tax | $66,109 | TotalTaxAmt |
| Distributable Before Adj | $1,908,496 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,908,496 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,908,496 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,359,158 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,359,158 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,908,496 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $949,997 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,359,158 | QualifyingDistributionsAmt |
| Applied To Year1 | $949,997 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $409,161 | 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 | $1,499,335 | 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) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| NATIONAL MULTIPLE SCLEROSIS SOCIETY | |||||||
| 733 THIRD AVENUE 3RD FLOOR | NEW YORK | NY | 10017 | PC | GENERAL SUPPORT | $2,000 | |
| SUN CAPITAL PARTNERS FOUNDATION | |||||||
| 5200 TOWN CENTER CIR STE 470 | BOCA RATON | FL | 33486 | PF | GENERAL SUPPORT | $200,000 | |
| TEMPLE BETH EL OF BOCA RATON | |||||||
| 333 SOUTHWEST 4TH AVENUE | BOCA RATON | FL | 33432 | PC | GENERAL SUPPORT | $7,900 | |
| TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA | |||||||
| 3451 WALNUT STREET ROOM 305 | PHILADELPHIA | PA | 19104 | PC | GENERAL SUPPORT | $180,000 | |
| WEITZMAN NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY | |||||||
| 101 SOUTH INDEPENDENCE MALL | EAST PHILADELPHIA | PA | 191062517 | PC | GENERAL SUPPORT | $25,000 | |
| PANCREATIC CANCER ACTION NETWORK | |||||||
| 1500 ROSECRANS AVENUE SUITE 200 | MANHATTAN BEACH | CA | 90266 | PC | GENERAL SUPPORT | $258 | |
| AMERICAN ENTERPRISE INSTITUTE | |||||||
| 1789 MASSACHUSETTS AVENUE | NW WASHINGTON | DC | 20036 | PC | GENERAL SUPPORT | $65,000 | |
| CHRISTIAN FELLOWSHIP CHURCH | |||||||
| 552 RYDERS LN | EAST BRUNSWICK | NJ | 08816 | PC | GENERAL SUPPORT | $1,000 | |
| LIVING THROUGH GIVING FOUNDATION FOR THE CHARLIE FUND | |||||||
| 8033 SUNSET BLVD 881 | LOS ANGELLES | CA | 90046 | PC | GENERAL SUPPORT | $1,000 | |
| THE LOUIS D BRANDEIS CENTER INC | |||||||
| 1717 PENNSYLVANIA AVENUE NW SUITE | WASHINGTON | DC | 20006 | PC | GENERAL SUPPORT | $100,000 | 1025 |
| OLIVEAS INC | |||||||
| 418 BROADWAY SUITE 8098 | ALBANY | NY | 12207 | PC | GENERAL SUPPORT | $100,000 | |
| UJA FEDERATION OF NEW YORK | |||||||
| 130 E 59TH ST | NEW YORK | NY | 10022 | PC | GENERAL SUPPORT | $400,000 | |
| YOUTH RENEWAL FUND | |||||||
| 1460 BROADWAY | NEW YORK | NY | 10036 | PC | GENERAL SUPPORT | $100,000 | |
| AMERICAN JEWISH COMMITTEE | |||||||
| 165 EAST 56TH STREET | NEW YORK | NY | 10022 | PC | GENERAL SUPPORT | $50,000 | |
| ANTI DEFAMATION LEAGUE | |||||||
| 605 THIRD AVENUE | NEW YORK | NY | 10158 | PC | GENERAL SUPPORT | $125,000 | |
| MEMORIAL SLOAN KETTERING CANCER CENTER | |||||||
| 1275 YORK AVENUE | NEW YORK | NY | 10065 | PC | GENERAL SUPPORT | $1,000 | |
| SHERMAN LIBRARY ASSOCIATION INC | |||||||
| 1 ROUTE 37 CTR | SHERMAN | CT | 06784 | PC | GENERAL SUPPORT | $1,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,359,158 | 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 | $328,570 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,864,812 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $6,861 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $109,683 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,530,136 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $6,861 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,833,201 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,840,062 | 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 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUN CAPITAL PARTNERS FOUNDATION INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 TOWN CENTER CIRCLE SUITE 470 | AddressLine1Txt |
| City | BOCA RATON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33486 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2024-09-05 | GrantDt |
| Grant | $200,000 | GrantAmt |
| Purpose Of Grant | TO FUND THE CHARITABLE PURPOSE OF THE ORGANIZATION. | PurposeOfGrantTxt |
| Expended By Grantee | $200,000 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NO | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | OCTOBER 1, 2024 | DatesOfReportsByGranteeTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLLUP CAPITAL BDC INC. | $4,652,370 | $4,652,370 |
| US TRUST - FIXED INCOME SECURITIES | $3,954,241 | $3,954,241 |
| GOLDMAN SACHS - FIXED INCOME SECURITIES | $68,539 | $68,539 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| EMERALD CREEK CAPITAL INCOME FUND IV, LLC | FMV | $3,500,000 | $3,500,000 |
| FORTRESS CREDIT OPPORTUNITIES FUND V EXPANSION (B) LP | FMV | $2,345,163 | $2,345,163 |
| MAXIM INCOME OPPORTUNITY FUND, II LP | FMV | $3,500,000 | $3,500,000 |
| OCTAGON SENIOR SECURED CREDIT PRF FUND I, LP | FMV | $6,885,322 | $6,885,322 |
| PRF FUND I, LP | FMV | $3,669,926 | $3,669,926 |
| RENAISSANCE INSTITUTIONAL DIVERSIFIED GLOBAL EQUITIES ONSHORE FUND, LP | FMV | $2,234,890 | $2,234,890 |
| THIRD POINT STRUCTURED CREDIT OPPORTUNITIES OFFSHORE FUND, LP | FMV | $1,015,063 | $1,015,063 |
| THOROFARE ASSET BASED LENDING FUND V, LP | FMV | $5,008,761 | $5,008,761 |
| TIGER GLOBAL | FMV | $1,991,064 | $1,991,064 |
| PERCEPTIVE CREDIT IV | FMV | $1,823,971 | $1,823,971 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN UNREALIZED GAINS/(LOSSES) | Desc |
| Amt | $260,221 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| K-1 PASSTHROUGH EXPENSES - MAXIM INCOME OPPORTUNITY FUND LP | $14,222 | $14,222 | $0 | $0 |
| K-1 PASSTHROUGH EXPENSES - CREEK CAPITAL INCOME FUND IV LLC | $27 | $27 | $0 | $0 |
| K-1 PASSTHROUGH EXPENSES - RENAISSANCE INSTITUTIONAL DIVERSIFIED FUND | $53,596 | $53,596 | $0 | $0 |
| K-1 PASSTHROUGH EXPENSES - FORTRESS CREDIT OPPORTUNITIES FUND | $28,874 | $28,874 | $0 | $0 |
| K-1 PASSTHROUGH EXPENSES - THOROFARE ASSET BASED LENDING LP | $9,640 | $9,640 | $0 | $0 |
| K-1 PASSTHROUGH EXPENSES - PERCEPTIVE CREDIT OPPORTUNITIES OFFSHORE FUND IV | $148 | $148 | $0 | $0 |
| K-1 PASSTHROUGH EXPENSES - PERCEPTIVE CREDIT OPPORTUNITIES OFFSHORE FUND IV | $144 | $144 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| K-1 - PRF FUND I LP | -$2,212 | -$2,212 | $0 |
| K-1 - FORTRESS CREDIT OPPORTUNITIES FUND | $3,886 | $3,886 | $0 |
| K-1 - FORTRESS CREDIT OPPORTUNITIES FUND | $101,749 | $101,749 | $0 |
| K-1 - FORTRESS CREDIT OPPORTUNITIES FUND | $11,982 | $5,121 | $0 |
| K-1 - RENAISSANCE INSTITUTIONAL DIVERSIFIED | $1,139 | $1,139 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNT MANAGEMENT FEES | CategoryTxt |
| Amt | $39,925 | Amt |
| Net Investment Income | $39,925 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | $80,384 | $0 | $0 | $0 |
| K-1 - FOREIGN TAXES PAID | $2,208 | $2,208 | $0 | $0 |