AEC TRUST: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- AEC TRUST (EIN 36-6725987)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-10-23
- IRS object ID
- 202532969349100903
- 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
- Depreciation Schedule
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Income Schedule2
- Reasonable Cause Explanation
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-23T06:38:23-05:00 | 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 | 366725987 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AEC Trust | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | AECT | 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 | Whit Mansfield | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2025-10-21 | 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 | $46,106,060 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $229,670 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $229,670 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,105,686 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,105,022 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $11,566,510 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $30,604,343 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $10,874,952 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $105 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $105 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $12,901,971 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $12,209,749 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $285,476 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $187,122 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $98,354 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $52,117 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $12,129 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $114 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $12,015 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $349,722 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $187,236 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $110,369 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $24,111,119 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,939,650 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $24,460,841 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $187,236 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,050,019 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$11,558,870 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $12,022,513 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $6,249,222 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,945,634 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,945,634 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $1,799 | AcctRcvblAmt |
| Acct Rcvbl BOY | $57,741 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $1,799 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,799 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $4,832,158 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $6,063,021 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $5,984,266 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $32,358,302 | CorporateStockBOYAmt |
| Corporate Stock EOY | $20,539,201 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $28,241,991 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,176,057 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $4,475,525 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $4,466,057 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $700,000 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,789,430 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,466,313 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $48,373,480 | TotalAssetsBOYAmt |
| Total Assets EOY | $36,814,610 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $46,106,060 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $48,373,480 | RetainedEarningBOYAmt |
| Retained Earning EOY | $36,814,610 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $48,373,480 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $36,814,610 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $48,373,480 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $36,814,610 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $48,373,480 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$11,558,870 | ExcessRevenueOverExpensesAmt |
| Subtotal | $36,814,610 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $36,814,610 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $30,604,343 | GrossSalesPriceAmt |
| Cost Or Other Basis | $19,729,391 | CostOrOtherBasisAmt |
| Gain Or Loss | $10,874,952 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $10,874,952 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $10,874,952 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $167,113 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $167,113 | SubtotalAmt |
| Tax Based On Investment Income | $167,113 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $27,200 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $143,100 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $170,300 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $3,187 | OverpaymentAmt |
| Applied To ES Tax | $3,187 | 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 | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| CIBC NATIONAL TRUST COMPANY | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Trustee | 1.0 | $285,476 | $0 | $0 |
| David H Cofrin | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Advisory Board Member | 1.0 | $0 | $0 | $0 |
| Edith Dee Cofrin | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Advisory Board Chair | 1.0 | $0 | $0 | $0 |
| Mary Ann P Cofrin | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Advisory Board Member | 1.0 | $0 | $0 | $0 |
| Paige Cofrin | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Advisory Board Member | 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 | $55,240,139 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,195,802 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,213,499 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $63,649,440 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $63,649,440 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $954,742 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $62,694,698 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,134,735 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,134,735 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $167,113 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $167,113 | TotalTaxAmt |
| Distributable Before Adj | $2,967,622 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,967,622 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,967,622 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,050,019 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $4,050,019 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,967,622 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr2 | $76,186 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,547,172 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,623,358 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,050,019 | QualifyingDistributionsAmt |
| Applied To Current Year | $2,967,622 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,082,397 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,705,755 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $2,705,755 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $76,186 | ExcessFromYear2Amt |
| Excess From Year1 | $1,547,172 | ExcessFromYear1Amt |
| Excess From Current Year | $1,082,397 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (142 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| 350 COLORADO | |||||||
| 2861 ELLISON PL | BOULDER | CO | 80304 | N/A | PC | Advocating for climate justice in Boulder Colorado | $10,000 |
| A HOME FOR EVERYONE IN DEKALB INC | |||||||
| 308 CLAIREMONT AVE STE 324 | DECATUR | GA | 30030 | N/A | PC | DeKalb Advocacy and Solutions for Homelessness (DASH) | $10,000 |
| ACTORS EXPRESS INC | |||||||
| 887 W MARIETTA ST NW SUITE J-1 | ATLANTA | GA | 30318 | N/A | PC | Actor's Express Mainstage Programming | $15,000 |
| AGAPE COMMUNITY CENTER INC | |||||||
| 2210 MARIETTA BLVD NW | ATLANTA | GA | 30318 | N/A | PC | Agape Year-round Academic and Enrichment Program for Underserved Youth | $20,000 |
| AGE WISE COLORADO INC | |||||||
| PO BOX 102662 | DENVER | CO | 80250 | N/A | PC | Continue Our Successful Expansion in Boulder County | $10,000 |
| AMALGAMATED CHARITABLE FOUNDATION INC | |||||||
| 1825 K ST NW | WASHINGTON | DC | 20006 | N/A | PC | Hurricane Helene Response | $100,000 |
| ANIMAL RESCUE OF THE ROCKIES | |||||||
| 13918 E MISSISSIPPI AVE 60188 | AURORA | CO | 80012 | N/A | PC | Animal Rescue of the Rockies Veterinary and Spay Neuter Programs | $10,000 |
| ART PAPERS INC | |||||||
| 1083 AUSTIN AVE NE STE 206 | ATLANTA | GA | 30307 | N/A | PC | Art Papers Fire Ecology - The Atlanta Arts Ecosystem | $5,000 |
| ASCENSA HEALTH INC | |||||||
| 139 RENAISSANCE PKWY NE | ATLANTA | GA | 30308 | N/A | PC | Residential Treatment for Substance Use and Co-occurring Mental Health Disorders | $10,000 |
| ATLANTA COMMUNITY SUPPORT PROJECT INC | |||||||
| 1445 WOODMONT LN NW STE 442 | ATLANTA | GA | 30318 | N/A | PC | ACSP General Operating Support | $50,000 |
| ATLANTA CONTEMPORARY ART CENTER INC | |||||||
| 535 MEANS ST NW | ATLANTA | GA | 30318 | N/A | PC | General Operating Support | $20,000 |
| ATLANTA DOULA COLLECTIVE | |||||||
| 11345 TARA BLVD STE 4 PMB 279 | HAMPTON | GA | 30228 | N/A | PC | Georgia Black Doula Network (Ga-BDN) | $10,000 |
| ATLANTA FULTON COUNTY PREARREST DIVERSION INITIATI | |||||||
| 236 FORSYTH ST SW STE 500 | ATLANTA | GA | 30303 | N/A | PC | Policing Alternatives & Diversion (PAD) Initiative | $50,000 |
| ATLANTA MUSIC PROJECT INC | |||||||
| 883 DILL AVE SW | ATLANTA | GA | 30310 | N/A | PC | AMP Youth Orchestras & Choirs | $20,000 |
| ATLANTA NEIGHBORHOOD DEVELOPMENT PARTNERSHIP INC | |||||||
| 233 PEACHTREE ST NE STE 800 | ATLANTA | GA | 30303 | N/A | PC | Closing the Gap: Creating 500 Units of Affordable Housing in Atlanta | $15,000 |
| ATLANTA VICTIM ASSISTANCE INC | |||||||
| 150 GARNETT ST SW | ATLANTA | GA | 30303 | N/A | PC | Safety 1st: Violence Prevention and Intervention for Youth | $5,000 |
| ATTENTION INC | |||||||
| 1440 PINE ST STE B | BOULDER | CO | 80302 | N/A | PC | Fostering Stability and Resilience in Youth | $10,000 |
| AUDIO INFORMATION NETWORK OF COLORADO | |||||||
| 1700 55TH ST STE A | BOULDER | CO | 80301 | N/A | PC | Information Equity for People Living with Vision Loss or Blindness | $30,000 |
| AUDUBON SOCIETY OF RHODE ISLAND | |||||||
| 12 SANDERSON RD | SMITHFIELD | RI | 02917 | N/A | PC | Nature for All | $100,000 |
| AUTOMOTIVE TRAINING CENTER CORPORATION | |||||||
| 126 BROWN AVE SE | ATLANTA | GA | 30315 | N/A | PC | General & Unrestricted | $10,000 |
| BARRED BUSINESS FOUNDATION CO | |||||||
| 477 WINDOR ST STE 204/204 A | ATLANTA | GA | 30312 | N/A | PC | STABLE Program | $15,000 |
| BLACK GIRLS SMILE | |||||||
| 1660 KENMORE ST SW | ATLANTA | GA | 30311 | N/A | PC | Atlanta Middlle and Highschool and Community Based Mental Health and Wellness | $10,000 |
| BOULDER COMMUNITY HOUSING CORPORATION INC | |||||||
| PO BOX 471 | BOULDER | CO | 80306 | N/A | PC | Family Self-Sufficiency Program | $10,000 |
| BOULDER FOOD RESCUE | |||||||
| PO BOX 284 | BOULDER | CO | 80306 | N/A | PC | Food Redistribution | $15,000 |
| BOULDER PHILHARMONIC ORCHESTRA | |||||||
| 1600 RANGE ST | BOULDER | CO | 80301 | N/A | PC | Boulder Philharmonic Education Programs | $10,000 |
| BURNAWAY INC | |||||||
| 928 PONCE DE LEON AVE NE STE 300 | ATLANTA | GA | 30306 | N/A | PC | Atlanta Editor and Art 101 | $10,000 |
| CANINE PARTNERS OF THE ROCKIES INC | |||||||
| 651 POTOMAC ST STE E | AURORA | CO | 80011 | N/A | PC | Mobility Service Dogs | $20,000 |
| CELEBRATE EDU | |||||||
| 2770 ARAPAHOE RD STE 132 PMB 176 | LAFAYETTE | CO | 80026 | N/A | PC | Online Business Education for People with Disabilities | $20,000 |
| CENTER FOR CIVIC INNOVATION INC | |||||||
| 931 MONROE DR NE STE A102 155 | ATLANTA | GA | 30308 | N/A | PC | Fellowship Program for Grassroots Community Leaders in Atlanta | $20,000 |
| CENTER FOR HUMAN DEVELOPMENT | |||||||
| 401 MAIN ST SUITE 12 | AMHERST | MA | 01002 | N/A | PC | Community Housing Support Program | $75,000 |
| CENTER FOR HUMAN DEVELOPMENT | |||||||
| 401 MAIN ST SUITE 12 | AMHERST | MA | 01002 | N/A | PC | Not Bread Alone | $15,000 |
| CENTRAL OUTREACH AND ADVOCACY CENTER INC | |||||||
| 201 WASHINGTON ST SW | ATLANTA | GA | 30303 | N/A | PC | Supportive Services Helping People Exit Homelessness | $15,000 |
| CHEF ANN FOUNDATION | |||||||
| 1495 CANYON BLVD STE MAIN | BOULDER | CO | 80302 | N/A | PC | Colorado Healthy School Food Pathway pilot phase | $30,000 |
| CHILD AND FAMILY ADVOCACY PROGRAM | |||||||
| PO BOX 19122 | BOULDER | CO | 80308 | N/A | PC | General Operating Support for Blue Sky Bridge's Child Abuse Initiatives | $10,000 |
| CHOPART CORPORATION | |||||||
| 2336 RIDGECREST LN | ATLANTA | GA | 30344 | N/A | PC | Creative Toolkit | $10,000 |
| CHRIS 180 INC | |||||||
| 1030 FAYETTEVILLE RD SE | ATLANTA | GA | 30316 | N/A | PC | Trauma-Informed Mental Health Counseling for Children and Youth | $25,000 |
| COLORADO FRIENDSHIP | |||||||
| 1067 S HOVER ST STE E-116 | LONGMONT | CO | 80501 | N/A | PC | IncrEdibles | $10,000 |
| COLORADO HORSE RESCUE | |||||||
| 10386 N 65TH ST | LONGMONT | CO | 80503 | N/A | PC | Equine Rehabilitation and Training | $5,000 |
| COLORADO MUSIC FESTIVAL | |||||||
| 200 E BASELINE RD | BOULDER | CO | 80026 | N/A | PC | Heartstrings Program | $10,000 |
| COMMUNITIES IN SCHOOLS OF ATLANTA INC | |||||||
| 101 MARIETTA ST NW | ATLANTA | GA | 30303 | N/A | PC | Wraparound Support for At-Risk Students in Metro-Atlanta | $10,000 |
| COMMUNITY FOOD SHARE INC | |||||||
| 650 S TAYLOR AVE | LOUISVILLE | CO | 80027 | N/A | PC | Boulder County Hunger Relief Initiative | $10,000 |
| CONCRETE JUNGLE INC | |||||||
| 1050 OAKLEIGH DR | ATLANTA | GA | 30344 | N/A | PC | Produce Education and Enjoyment Loop (PEEL) | $10,000 |
| COOL GIRLS INC | |||||||
| 315 W PONCE DE LEON AVE STE 800 | DECATUR | GA | 30030 | N/A | PC | Cool Girls Club | $10,000 |
| COR INC | |||||||
| 227 SANDY SPRINGS PLACE STE D445 | ATLANTA | GA | 30328 | N/A | PC | Removing Non-Academic Barriers to Educational Success | $10,000 |
| CORPORATE ACCOUNTABILITY INTL | |||||||
| 10 MILK ST STE 610 | BOSTON | MA | 02108 | N/A | PC | Corporate Accountability: Advancing Climate & Water Justice Alongside Frontline Allies | $75,000 |
| CROSSROADS COMMUNITY MINISTRIES INC | |||||||
| 420 COURTLAND ST NE | ATLANTA | GA | 30308 | N/A | PC | Door-To-Door Housing and Stabilization Supports for Individuals and Families in Need | $15,000 |
| DADS GARAGE INC | |||||||
| PO BOX 5867 | ATLANTA | GA | 31107 | N/A | PC | Operations | $15,000 |
| DANCE ALIVE INC | |||||||
| 1325 NW 2ND ST | GAINESVILLE | FL | 32601 | N/A | PC | Capital Campaign | $250,000 |
| DAVID T HOWARD MIDDLE SCHOOL FOUNDATION | |||||||
| PO BOX 8722 | ATLANTA | GA | 31106 | N/A | PC | Saturday School | $15,000 |
| DECATUR COOPERATIVE MINISTRY | |||||||
| PO BOX 457 | DECATUR | GA | 30031 | N/A | PC | Preventing and Alleviating Homelessness and Hunger For At-Risk Families in DeKalb County | $10,000 |
| EAST ATLANTA KIDS CLUB INC | |||||||
| 602 BROWNWOOD AVE SE | ATLANTA | GA | 30316 | N/A | PC | East Atlanta Kids Club | $10,000 |
| ECO-CYCLE INC | |||||||
| 1901 63RD ST | BOULDER | CO | 80301 | N/A | PC | Environmental Education for Under-Resourced Schools | $20,000 |
| EKVNV YEFOLECVLKE | |||||||
| 16391 COOSA COUNTY RD 29 | WEOGUFKA | AL | 35183 | N/A | PC | Ekvn-Yefolecv Maskoke Ecovillage | $50,000 |
| EL CENTRO AMISTAD | |||||||
| 2222 14TH ST | BOULDER | CO | 80302 | N/A | PC | Empowering Thriving Latinx Families | $20,000 |
| EMERGENCY FAMILY ASSISTANCE ASSOCIATION INC | |||||||
| 1575 YARMOUTH AVE | BOULDER | CO | 80304 | N/A | PC | Basic Needs FUND | $15,000 |
| FEMINIST WOMENS HEALTH CENTER INC | |||||||
| 1924 CLIFF VALLEY WAY NE | ATLANTA | GA | 30329 | N/A | PC | General Operating Support 2025 | $20,000 |
| FEMINIST WOMENS HEALTH CENTER INC | |||||||
| 1924 CLIFF VALLEY WAY NE | ATLANTA | GA | 30329 | N/A | PC | General & Unrestricted | $50,000 |
| FERNBANK INC | |||||||
| 767 CLIFTON RD NE | ATLANTA | GA | 30307 | N/A | PC | THRIVE: The Nature of Change (Capital Campaign) | $100,000 |
| FIRST STEP STAFFING | |||||||
| 302 DECATUR ST SE STE 103 | ATLANTA | GA | 30312 | N/A | PC | Working our Way Home | $10,000 |
| FISCAL SPONSORSHIP ALLIES INC | |||||||
| 3500 DEPAUW BLVD STE 3090 | INDIANAPOLIS | IN | 46268 | N/A | SO I | General Operating Support | $25,000 |
| FLY ON A WALL INC | |||||||
| 1342 LUCILE AVE SW | ATLANTA | GA | 30310 | N/A | PC | Floor Story Arts Mentorship Program | $10,000 |
| FOOD WELL ALLIANCE INC | |||||||
| 970 JEFFERSON ST NW STE 2 | ATLANTA | GA | 30318 | N/A | PC | Growing Gardens and Orchards in Atlanta | $10,000 |
| FRIENDS OF LOUISVILLE ARTS SCIENCE AND HUMANITIES | |||||||
| 726 W HEMLOCK CIR | LOUISVILLE | CO | 80027 | N/A | PC | Downtown Louisville, CO Mural Project | $4,650 |
| FRIENDS OF REFUGEES INC | |||||||
| PO BOX 548 | CLARKSTON | GA | 30021 | N/A | PC | Refugee Family Literacy (RFL) | $10,000 |
| GEORGIA CENTER FOR NONPROFITS INC | |||||||
| 881 MEMORIAL DR SE UNIT 1001 | ATLANTA | GA | 30316 | N/A | PC | The Campaign For Greater Good | $25,000 |
| GEORGIA JUSTICE PROJECT INC | |||||||
| 438 EDGEWOOD AVE SE | ATLANTA | GA | 30312 | N/A | PC | Increasing Economic & Wellness Opportunities for Women with a Criminal History | $10,000 |
| GIRLS INC OF THE VALLEY | |||||||
| 480 HAMPDEN ST | HOLYOKE | MA | 01040 | N/A | PC | Her Future, Our Future Campaign | $25,000 |
| GLOBAL GROWERS NETWORK INC | |||||||
| 500 S COLUMBIA DR | DECATUR | GA | 30030 | N/A | PC | Global Growers 2024 Cultivating Futures Campaign | $50,000 |
| GRANT PARK CONSERVANCY INC | |||||||
| PO BOX 89189 | ATLANTA | GA | 30312 | N/A | PC | The People's Playground | $25,000 |
| GREENHOUSE SCHOLARS | |||||||
| 1820 FOLSOM ST | BOULDER | CO | 80302 | N/A | PC | The Whole Person College Program: Cultivating Extraordinary Young Leaders to Change Low-Income Families and Communities in Colorado and Georgia | $20,000 |
| GROWE FOUNDATION | |||||||
| PO BOX 270246 | LOUISVILLE | CO | 80027 | N/A | PC | Garden to Table | $5,000 |
| GROWING GARDENS | |||||||
| 1630 HAWTHORN AVENU | BOULDER | CO | 80304 | N/A | PC | Growing Gardens Food Project | $10,000 |
| HARVEST OF HOPE PANTRY | |||||||
| 4830 PEARL ST | BOULDER | CO | 80301 | N/A | PC | Harvest of Hope Pantry | $15,000 |
| HISTORIC OAKLAND FOUNDATION INC | |||||||
| 248 OAKLAND AVE SE | ATLANTA | GA | 30312 | N/A | PC | Oakland Discovery Camp | $15,000 |
| I AM HUMAN FOUNDATION | |||||||
| 1419 MAYSON ST NE | ATLANTA | GA | 30324 | N/A | PC | Healing Through Art | $15,000 |
| IMAGINE | |||||||
| 1400 DIXON AVE | LAFAYETTE | CO | 80026 | N/A | PC | Dayspring Early Intervention Services | $10,000 |
| IMAGINE | |||||||
| 1400 DIXON AVE | LAFAYETTE | CO | 80026 | N/A | PC | School Age Services | $15,000 |
| IMPACT ON EDUCATION | |||||||
| 721 FRONT ST APT A | LOUISVILLE | CO | 80027 | N/A | PC | Academic Opportunity Fund | $20,000 |
| INTOWN COLLABORATIVE MINISTRIES | |||||||
| 1026 PONCE DE LEON AVE NE | ATLANTA | GA | 30306 | N/A | PC | Intown Cares' Homeless Services Program | $5,000 |
| KESTREL LAND TRUST INC | |||||||
| 37 BAY RD | AMHERST | MA | 01002 | N/A | PC | Forest & Farm Conservation: Longley 181 acres in Williamsburg Hatfield, MA | $100,000 |
| LAKE TOXAWAY CHARITIES | |||||||
| PO BOX 163 | LAKE TOXAWAY | NC | 28747 | N/A | PC | General & Unrestricted | $10,000 |
| LIFECYCLE BUILDING CENTER INC | |||||||
| PO BOX 570244 | ATLANTA | GA | 30357 | N/A | PC | Support for Lifecycle Building Center's General Operations | $15,000 |
| LINK COUNSELING CENTER INC | |||||||
| 348 MOUNT VERNON HWY NE | ATLANTA | GA | 30328 | N/A | PC | 50th Anniversary Capital Projects | $100,000 |
| LONGMONT FOOD RESCUE | |||||||
| PO BOX 1127 | LYONS | CO | 80540 | N/A | PC | Longmont Community Fridges and Produce Distributions: fresh food access for hunger relief | $10,000 |
| LOUISVILLE PRESCHOOL INC | |||||||
| 628 LA FARGE AVE | LOUISVILLE | CO | 80027 | N/A | PC | Louisville Support Fund | $70,000 |
| MASS GENERAL BRIGHAM INCORPORATED | |||||||
| 399 REVOLUTION DR STE 645 | SOMERVILLE | MA | 02145 | N/A | PC | Transforming Emergency Care: Campaign for the Cooley Dickinson Hospital Emergency Department | $150,000 |
| MATHESON HISTORY MUSEUM INC | |||||||
| 513 E UNIVERSITY AVE | GAINESVILLE | FL | 32601 | N/A | PC | Historic Preservation of the Matheson History Museum Complex and Collections | $50,000 |
| MOSAIC HEALTH CENTER INC | |||||||
| 3700 MARKET ST STE E | CLARKSTON | GA | 30021 | N/A | PC | Expanding Access to Women's Heathcare in Georgia's Most Diverse Square Mile | $20,000 |
| MOTHER HOUSE INC | |||||||
| PO BOX 19589 | BOULDER | CO | 80308 | N/A | PC | Strengthening Vulnerable Communities: Shelter and Support Services in Boulder | $20,000 |
| NAMI GEORGIA INC | |||||||
| 4120 PRESIDENTIAL PKWY STE 200 | ATLANTA | GA | 30340 | N/A | PC | NAMI Georgia Operating Support | $20,000 |
| NATIONAL CENTER FOR CIVIL AND HUMAN RIGHTS INC | |||||||
| 250 WILLIAMS ST STE 2322 | ATLANTA | GA | 30303 | N/A | PC | Building the Vision: National Center for Civil and Human Rights Expansion for Capital and Program | $250,000 |
| OUR HOUSE INC | |||||||
| 173 BLVD NE | ATLANTA | GA | 30312 | N/A | PC | Interrelated Services for Families Experiencing Homelessness | $15,000 |
| OUTREACH UNITED RESOURCE CENTER INC | |||||||
| 220 COLLYER ST | LONGMONT | CO | 80501 | N/A | PC | General & Unrestricted | $30,000 |
| PAINT LOVE INC | |||||||
| 500 S COLUMBIA DR | DECATUR | GA | 30030 | N/A | PC | General Operating Support | $10,000 |
| PEAK ABUNDANCE | |||||||
| PO BOX 154 | NEDERLAND | CO | 80466 | N/A | PC | General & Unrestricted | $30,000 |
| PRESENCIA INC | |||||||
| 1294 N DRUID HILLS RD NE | BROOKHAVEN | GA | 30319 | N/A | PC | After-School Program for Immigrant Youth | $5,000 |
| PRESS ON SOUTH INC | |||||||
| 730 PEACHTREE ST NE STE 570 | ATLANTA | GA | 30308 | N/A | PC | Press On General Operating Support | $10,000 |
| PROJECT V E T S | |||||||
| 1630A 30TH ST BOX 256 | BOULDER | CO | 80301 | N/A | PC | Healing the Planet, One Animal at a Time | $5,000 |
| PUSH PUSH THEATER COMPANY | |||||||
| 1208 FORREST BLVD | DECATUR | GA | 30030 | N/A | PC | PushPush Arts: Capital Campaign for the purchase of an arts venue in College Park, GA | $50,000 |
| RAISING EXPECTATIONS INC | |||||||
| 225 JAMES P BRAWLEY NW | ATLANTA | GA | 30314 | N/A | PC | Raising Expectations, Inc. | $75,000 |
| REFUGEE WOMENS NETWORK INC | |||||||
| 500 S COLUMBIA DR | DECATUR | GA | 30030 | N/A | PC | Community Health Promotion Program | $15,000 |
| RESOURCE CENTRAL | |||||||
| 6400 ARAPAHOE RD B | BOULDER | CO | 80303 | N/A | PC | Materials Reuse: Sustainable Building by and for our Community | $15,000 |
| RESOURCE CENTRAL | |||||||
| 6400 ARAPAHOE RD B | BOULDER | CO | 80303 | N/A | PC | Renew Our Schools--Inspiring Kids to Get Smart about Energy | $20,000 |
| RISE AGAINST SUICIDE | |||||||
| 603 S PUBLIC RD UNIT 846 | LAFAYETTE | CO | 80026 | N/A | PC | Connecting Youth At Risk for Suicide With Free Mental Health Treatment in Boulder County | $10,000 |
| ROBERT W WOODRUFF ARTS CENTER | |||||||
| 1280 PEACHTREE ST NE | ATLANTA | GA | 30309 | N/A | PC | PEARL CLEAGE FELLOWS // Investing in BIPOC Women at the Alliance Theatre | $10,000 |
| SAFEHOUSE PROGRESSIVE ALLIANCE FOR NONVIOLENCE INC | |||||||
| 835 N ST | BOULDER | CO | 80304 | N/A | PC | Services for Low-Income Survivors of Domestic Violence | $10,000 |
| SEVERAL DANCERS CORE INC | |||||||
| 133 SYCAMORE ST | DECATUR | GA | 30030 | N/A | PC | Core Dance Residency Program - LIFT | $10,000 |
| SISTER SONG INC | |||||||
| PO BOX 94408 | ATLANTA | GA | 30377 | N/A | PC | SisterSong Women of Color Reproductive Justice Collective General Operating | $30,000 |
| SOCIAL AND ENVIRONMENTAL ENTREPRENEURS | |||||||
| 23564 CALABASAS RD STE 201 | CALABASAS | CA | 91302 | N/A | PC | Taking Care of Our Own | $10,000 |
| SOUTHERN FRIED QUEER PRIDE | |||||||
| PO BOX 5900 | ATLANTA | GA | 31107 | N/A | PC | General Operating Support | $10,000 |
| STAIBDANCE INC | |||||||
| 1579F MONROE DR NE 341 | ATLANTA | GA | 30324 | N/A | PC | COSM | $10,000 |
| STATUS HOME INC | |||||||
| 17 EXECUTIVE PARK DRIVE NE STE 2 | ATLANTA | GA | 30329 | N/A | PC | Destination Independence | $50,000 |
| STREET DOG COALITION | |||||||
| 305 W MAGNOLIA ST 277 | FORT COLLINS | CO | 80521 | N/A | PC | Boulder Street Team | $15,000 |
| SUGAR LOAF FIRE PROTECTION DISTRICT | |||||||
| 1360 SUGAR LOAF RD | BOULDER | CO | 80302 | N/A | GOV | SLFPD Biggest Needs Request | $50,000 |
| SUR LEGAL COLLABORATIVE | |||||||
| 210 NELSON FERRY RD | DECATUR | GA | 30030 | N/A | PC | Educating Immigrant Workers about their Labor Rights in Fulton and DeKalb County | $25,000 |
| SURVIVAL CENTERS INC | |||||||
| PO BOX 9629 | NORTH AMHERST | MA | 01059 | N/A | PC | Amherst Survival Center Food Pantry | $75,000 |
| TEKTON CAREER TRAINING | |||||||
| 3529 CHURCH ST STE D | CLARKSTON | GA | 30021 | N/A | PC | Tekton Career Training | $10,000 |
| THE CALLANWOLDE FOUNDATION INC | |||||||
| 980 BRIARCLIFF RD NE | ATLANTA | GA | 30306 | N/A | PC | Build. Inspire. Grow. | $50,000 |
| THE HOMESTEAD FOUNDATION INC | |||||||
| 685 LINWOOD AVE STE 100A | ATLANTA | GA | 30306 | N/A | PF | expenditure responsibility grant | $16,039,759 |
| THE HUMANE SOCIETY OF BOULDER VALLEY INC | |||||||
| 2323 55TH ST | BOULDER | CO | 80301 | N/A | PC | Supporting Animal Adoption Services at the Humane Society of Boulder Valley | $30,000 |
| THE NATIONAL INCARCERATION ASSOCIATION INC | |||||||
| 900 OLD ROSWELL LAKES PKWY | ROSWELL | GA | 30076 | N/A | PC | The NIA's Whole-Way Housing Program | $10,000 |
| THESPARK | |||||||
| 4847 PEARL ST STE B4 | BOULDER | CO | 80301 | N/A | PC | Mentorship Theater Program | $20,000 |
| THORNE ECOLOGICAL INSTITUTE | |||||||
| PO BOX 19107 | BOULDER | CO | 80308 | N/A | PC | Nature Immersion Program | $10,000 |
| TIDES FOUNDATION | |||||||
| PO BOX 889389 | LOS ANGELES | CA | 90088 | N/A | PC | Building Multiracial Working Class Power in Georgia | $30,000 |
| TLC LEARNING CENTER INC | |||||||
| 611 KORTE WAY | LONGMONT | CO | 80501 | N/A | PC | Early Childhood Education and Pediatric Therapeutic Services | $5,000 |
| TRAINING AND COUNSELING CENTER AT SAINT LUKES INC | |||||||
| 435 PEACHTREE ST NE | ATLANTA | GA | 30308 | N/A | PC | Accessible Mental Health Services for Underserved Individuals and Families in Metro Atlanta | $10,000 |
| TRANS JUSTICE HOUSING PROJECT INC | |||||||
| 454 IRWIN ST NE STE 208 | ATLANTA | GA | 30312 | N/A | PC | Services for transgender/gender non-conforming people experiencing homelessness | $50,000 |
| TRU COMMUNITY CARE | |||||||
| 2594 TRAILRIDGE DR E | LAFAYETTE | CO | 80026 | N/A | PC | Safety Net for Uncompensated Care in Boulder County (SNUC) | $20,000 |
| UNIVERSITY OF FLORIDA | |||||||
| PO BOX 14425 | GAINESVILLE | FL | 32604 | N/A | PC | Harn Museum of Art General Operating Support | $150,000 |
| UNIVERSITY OF FLORIDA FOUNDATION INC | |||||||
| PO BOX 14425 | GAINESVILLE | FL | 32604 | N/A | PC | Florida Museum "Earth to Florida" permanent exhibition | $50,000 |
| VIRGINIA-HIGHLAND ELEMENTARY PTO | |||||||
| 774 VIRGINIA AVE NE | ATLANTA | GA | 30306 | N/A | PC | Everybody's Playground at Virginia-Highland Elementary | $50,000 |
| VOX TEEN COMMUNICATIONS INC | |||||||
| 229 PEACHTREE ST NE STE 725 | ATLANTA | GA | 30303 | N/A | PC | VOX Teen Voices: Free Afterschool and summer programs for metro Atlanta teens | $10,000 |
| WAGMORE FOUNDATION INC | |||||||
| PO BOX 3168 | PORTLAND | OR | 97208 | N/A | PF | expenditure responsibility grant | $4,131,710 |
| WELLSPRING LIVING INC | |||||||
| 1040 BLVD SE STE M | ATLANTA | GA | 30312 | N/A | GOV | Girls Residential Program | $5,000 |
| WOMEN IN TECHNOLOGY INC | |||||||
| 1175 PEACHTREE ST NE STE 100 | ATLANTA | GA | 30361 | N/A | PC | WIT Single Mothers Program | $5,000 |
| WOODLANDS GARDEN OF DECATUR INC | |||||||
| PO BOX 27 | DECATUR | GA | 30031 | N/A | PC | Woodlands Garden Wayfinding Capital Project | $10,000 |
| WORKING TITLE PLAYWRIGHTS INC | |||||||
| PO BOX 5 | ATLANTA | GA | 30301 | N/A | PC | Monday Night Development Workshops | $10,000 |
| WOW CHILDRENS MUSEUM WORLD OF WONDER LTD | |||||||
| 110 N HARRISON AVE | LAFAYETTE | CO | 80026 | N/A | PC | WOW! Children's Museum's Play Ambassador Program | $15,000 |
| WYLDE CENTER INC | |||||||
| 435 OAKVIEW RD | DECATUR | GA | 30030 | N/A | PC | Operating and Capital Support for Wylde Center | $50,000 |
| YOUTHSPARK INC | |||||||
| 395 PRYOR ST SW STE 2117 | ATLANTA | GA | 30312 | N/A | PC | Youth Recovery Response: Positively Impacting the Lives of Missing and Disconnected Youth in Atlanta | $5,000 |
| TAHIRIH JUSTICE CENTER | |||||||
| 6400 ARLINGTON BLVD STE 400 | FALLS CHURCH | VA | 22042 | N/A | PC | Social and Legal Services for Immigrant Women and Girl Survivors of Gender-Based Violence | $15,000 |
| ECOADDENDUM | |||||||
| 2665 ARBOR AVE SE | ATLANTA | GA | 30317 | N/A | PC | EcoAddendum Stewardship and Eco-Restoration programs | $15,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $24,111,119 | 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 | $229,670 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,105,686 | 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 | $11,566,510 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLASS ACTION LAWSUIT PROCEEDS | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $105 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $12,901,971 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $12,901,971 | 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
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | Results Of VerificationResultsOfVerificationTxt | Expended By GranteeExpendedByGranteeAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| WAGMORE FOUNDATION INC | ||||||||||
| PO BOX 3168 | PORTLAND | OR | 97208 | 2024-11-08 | $4,131,710 | CAPITAL ENDOWMENT GRANT | NO | EXPECTED IN 2025 | none necessary | |
| THE HOMESTEAD FOUNDATION INC | ||||||||||
| 685 LINWOOD AVE SUITE 100A | ATLANTA | GA | 30306 | 2024-12-10 | $16,039,759 | CAPITAL ENDOWMENT GRANT | NO | 5/22/2025 | none necessary | $250,000 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FORM 990-PF, PARTS I AND XIV | IdentifierTxt |
| Form And Line Reference | FORM 990-PF, PARTS I AND XIV | FormAndLineReferenceDesc |
| Medium Explanation | FORM 990-PF, PARTS I AND XIV: TOTAL Part I, Line 25, Column (a) and Part XIV, Line 3a: $24,111,119 Less amount not treated as qualifying distribution: $20,171,469 TOTAL Part I, Line 25, Column (d): $3,939,650 | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (19 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMERICAN EXPRESS CO - 4.200% - | $394,520 | $399,070 |
| AT&T INC - 2.750% - 06/01/2031 | $304,066 | $304,501 |
| BANK AMER CORP - 4.450% - 03/0 | $246,243 | $248,952 |
| BANK AMER CORP MTN - 4.000% - | $170,441 | $174,912 |
| CINTAS CORP - 3.700% - 04/01/2 | $435,265 | $441,043 |
| COCA-COLA CO - 3.450% - 03/25/ | $112,668 | $94,355 |
| COMCAST CORP - 3.375% - 08/15/ | $100,181 | $99,145 |
| DISNEY WALT CO NOTE - 3.800% - | $111,881 | $119,728 |
| ELECTRONIC ARTS INC NOTE - 4.8 | $186,402 | $175,032 |
| GLAXOSMITHKLINE CAP INC NOTE - | $110,867 | $97,524 |
| GOLDMAN SACHS GROUP INC - 3.85 | $242,740 | $245,345 |
| GOLDMAN SACHS GROUP INC NOTE - | $166,266 | $173,071 |
| INTEL CORP - 5.200% - 02/10/20 | $432,773 | $410,999 |
| JPMORGAN CHASE & CO SUB BOND - | $436,565 | $446,633 |
| MORGAN STANLEY - 3.625% - 01/2 | $338,762 | $343,670 |
| MORGAN STANLEY MTN - 4.889% - | $103,881 | $102,716 |
| SCHWAB CHARLES CORP - 3.200% - | $72,228 | $72,635 |
| STRYKER CORP - 3.375% - 11/01/ | $388,512 | $396,000 |
| UNITEDHEALTH GROUP INC NOTE - | $121,264 | $120,726 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (139 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1/100000 WELLS FARGO PFD NV PR | ||
| ABBOTT LABS | $338,534 | $365,798 |
| ABBVIE INC | $95,505 | $99,157 |
| ACCENTURE PLC | $28,598 | $31,661 |
| ADOBE SYSTEMS, INC | $240,892 | $245,019 |
| AIA GROUP LTD ADR | $51,711 | $43,230 |
| AIRBUS GROUP | $41,370 | $48,121 |
| ALCON INC | $42,355 | $55,518 |
| ALIBABA GROUP HOLDING LTD | $73,978 | $55,368 |
| ALPHABET INC CL A | $517,236 | $1,153,594 |
| ALPS CLEAN ENERGY ETF | $1,321,161 | $945,252 |
| AMADEUS IT HLDS SA | $44,768 | $50,930 |
| AMAZON COM | $525,194 | $1,099,363 |
| AMERICAN TOWER REIT INC | $284,739 | $240,817 |
| AMERIPRISE FINANCIAL INC | $61,349 | $77,735 |
| ANALOG DEVICES INC | $55,911 | $138,311 |
| APPLE INC | $467,061 | $1,087,824 |
| ARES MANAGEMENT CORPORATION | $55,444 | $120,380 |
| ASML HOLDING NV NY REG SHS | $30,728 | $50,595 |
| ASSA ABLOY UNSP/ADR | $39,216 | $52,022 |
| ASTRAZENECA | $399,818 | $451,629 |
| AUTOMATIC DATA PROCESSING INC | $32,900 | $118,556 |
| BAE SYSTEMS PLC | $42,094 | $58,760 |
| BANCO SANTANDER CEN | $72,924 | $81,660 |
| BHP BILLITON LIMITED | $62,473 | $53,420 |
| BLACKROCK INC | $67,683 | $165,043 |
| BLUE OWL CAPITAL | $64,722 | $72,757 |
| BROADRIDGE FINANCIAL | $71,956 | $113,949 |
| BROOKFIELD ASSET MANAGEMENT LT | $11,556 | $18,154 |
| BROOKFIELD CORP ORD SHS CL A | $86,085 | $138,914 |
| BROOKFIELD INFRASTRUCTURE CORP | $110,087 | $96,184 |
| BROOKFIELD RENEWABLE CORPORATI | $152,121 | $134,953 |
| CANADIAN NATL RAILWAY CO | $33,935 | $34,615 |
| CARDINAL HEALTH INC | $51,553 | $62,210 |
| CHARLES SCHWAB CORP | $90,201 | $139,879 |
| CHECK POINT SOFTWARE TECHNOLOG | $50,055 | $67,025 |
| CHENIERE ENERGY INC | $41,614 | $61,668 |
| CHEVRON CORP | $104,133 | $123,838 |
| CHUBB LIMITED | $38,497 | $56,642 |
| CISCO SYSTEMS INC | $177,567 | $265,334 |
| CME GROUP, INC | $276,531 | $329,999 |
| COMCAST CORP | $50,648 | $53,893 |
| COMPASS GROUP PLC ADR | $43,462 | $62,746 |
| CONOCOPHILLIPS | $149,404 | $141,317 |
| DAIKIN INDS LTD ADR | $34,043 | $28,476 |
| DANAHER CORP | $176,349 | $187,772 |
| DBS GROUP HLDGS SPON ADR | $52,046 | $89,116 |
| DELL TECHNOLOGIES INC CLASS C | $57,260 | $86,430 |
| DIAGEO PLC ADS | $67,146 | $58,098 |
| DICK'S SPORTING GDS | $56,120 | $109,386 |
| ELEVANCE HEALTH INC | $174,226 | $154,200 |
| ELI LILLY & CO | $98,165 | $209,212 |
| EQUINIX, INC | $109,176 | $146,148 |
| EQUINOR ASA | $32,481 | $31,152 |
| EXXON MOBIL CORP | $190,250 | $257,630 |
| FANUC LIMITED UNSPONSORED | $67,220 | $56,242 |
| FERRARI NV | $26,973 | $49,706 |
| FIDELITY NATIONAL INFORMATION | $155,246 | $173,979 |
| FIRST EAGLE GLOBAL FUND CLASS | $408,080 | $438,185 |
| FISERV, INC | $123,802 | $275,263 |
| FOMENTO ECONOMICO MEXICANO | $40,418 | $37,787 |
| FTAI AVIATION LTD | $68,873 | $274,972 |
| GOLDMAN SACHS GROUP | $39,732 | $59,552 |
| HDFC BANK LTD ADR | $76,027 | $86,658 |
| HEIDELBERGCEMENT AG UNSPONSORE | $39,009 | $72,176 |
| HENKEL KGAA ADR | $35,591 | $33,568 |
| HOME DEPOT INC | $161,690 | $217,056 |
| HONEYWELL INTL | $157,105 | $158,575 |
| ICON PLC - AMERICAN DEPOSITARY | $45,261 | $48,862 |
| INTERCONTINENTAL EXCHANGE, INC | $154,634 | $237,224 |
| INTERCONTINENTAL HOTELS GROUP | $36,283 | $60,586 |
| INTERNATIONAL BUSINESS MACHINE | $57,556 | $86,613 |
| IRON MOUNTAIN | $66,970 | $131,072 |
| JP MORGAN CHASE | $213,845 | $447,299 |
| JULIUS BAER GROUP LTD | $22,887 | $30,737 |
| KAWASAKI HEAVY IND SPON ADR RE | $46,642 | $84,104 |
| KERRY GROUP PLC | $39,530 | $42,574 |
| L'AIR LIQUIDE ADR OTC | $38,759 | $49,149 |
| L3HARRIS TECHNOLOGIES | $159,259 | $147,827 |
| LAZARD GLOBAL LISTED INFRASTRU | $252,349 | $251,427 |
| LINDE PLC COM | $138,938 | $198,450 |
| LLOYDS BANKING GROUP PLC | $41,618 | $56,584 |
| LONDON STK EXCHANGE GROUP | $59,539 | $94,436 |
| LVMH MOET HENN UNSP | $31,937 | $41,821 |
| MARTIN MARIETTA MATLS INC | $98,471 | $154,950 |
| MCDONALD'S CORP | $198,349 | $201,184 |
| MERCADOLIBRE, INC | $33,402 | $45,912 |
| MERCK & CO INC | $72,818 | $66,552 |
| META PLATFORMS INC | $137,104 | $171,554 |
| MICROCHIP TECHNOLOGY INC | $56,424 | $41,579 |
| MICROSOFT CORP | $286,928 | $1,513,186 |
| MONDELEZ INTERNATIONAL INC | $115,469 | $114,622 |
| MONSTER BEVERAGE CORP | $160,131 | $163,356 |
| NEXTERA ENERGY, INC | $294,635 | $286,832 |
| NOVARTIS AG ADR | $49,074 | $56,245 |
| NVIDIA CORP | $425,497 | $976,691 |
| O'REILLY AUTOMOTIVE INC | $74,245 | $88,935 |
| ONEOK INC | $164,216 | $241,562 |
| OTIS WORLDWIDE CORP | $131,513 | $185,498 |
| PARKER HANNIFIN CP | $107,319 | $162,188 |
| PEPSICO INC | $184,393 | $169,547 |
| PNC FINANCIAL GROUP INC | $151,202 | $160,451 |
| PROLOGIS | $261,392 | $236,451 |
| QUALCOMM INC | $183,249 | $246,560 |
| RAYTHEON TECHNOLOGIES CORP | $141,460 | $221,835 |
| ROPER INDUSTRIES | $147,823 | $176,749 |
| S&P GLOBAL INC COM | $137,214 | $166,342 |
| SALESFORCE.COM | $287,669 | $412,563 |
| SHELL ADR EACH REPRESENTING 2 | $72,594 | $81,946 |
| SIEMENS AG | $45,800 | $65,356 |
| SONY GROUP CORP | $39,314 | $54,275 |
| SPDR S&P 500 ETF TRUST | $285,808 | $282,491 |
| STRYKER CORPORATION | $84,168 | $138,259 |
| SUZUKI MOTOR CORP UNSP ADR | $43,567 | $42,508 |
| SYMRISE AG UNSPONSORED | $40,723 | $44,633 |
| T-MOBILE US INC | $66,498 | $119,636 |
| TAIWAN SEMICONDUCTOR MFG CO LT | $32,965 | $89,068 |
| TARGA RESOURCES CORP | $67,500 | $81,575 |
| TE CONNECTIVITY LTD | $227,916 | $232,040 |
| TENCENT HOLDINGS LIMITED | $62,743 | $74,718 |
| TEXAS INSTRUMENTS INC | $35,350 | $38,440 |
| THE BLACKSTONE GROUP INC CL A | $218,671 | $596,573 |
| THERMO FISHER SCIENTIFIC INC | $44,958 | $183,641 |
| TJX COMPANIES INC | $158,824 | $264,936 |
| TOKIO MARINE HOLDINGS INC | $28,059 | $52,157 |
| TOYOTA MTR CORP | $31,894 | $39,117 |
| TRANSDIGM GRP INC | $99,921 | $101,382 |
| TRIP COM GROUP ADR | $42,102 | $61,039 |
| UNION PACIFIC | $167,117 | $217,094 |
| UNITEDHEALTH GROUP INC | $250,922 | $435,040 |
| US BANCORP | $170,324 | $158,556 |
| VANGUARD SM-CAP ETF | $735,163 | $952,470 |
| VERSUS CAPITAL REAL ASSETS FUN | $2,000,000 | $2,070,345 |
| VICI PROPERTIES INC | $255,259 | $240,486 |
| VISA INC | $354,932 | $544,537 |
| WALT DISNEY HOLDINGS CO | $212,522 | $233,390 |
| WEC ENERGY GROUP, INC | $60,979 | $63,853 |
| WORKDAY INC | $161,949 | $170,300 |
| ZOETIS INC | $89,858 | $86,842 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $6,063,021 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $5,984,266 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| KING STREET CAPITAL | $700,000 | $2,364,082 |
| MONROE CAPITAL INCOME PLUS COR | $1,089,430 | $1,102,231 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $24,111,119. This amount represents 25% or more of the Foundation's net assets of $62,135,860 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $12,000 | $12,000 | |
| Bank Charges | $114 | $114 | |
| State or Local Filing Fees | $15 | $15 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Class Action Lawsuit Proceeds | Desc |
| Revenue And Expenses Per Books | $105 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $105 | NetInvestmentIncomeAmt |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | We respectfully request that AEC Trust's quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $125 penalty indicated on Form 2220 be abated because the underpayments in Q's 2, 3, and 4 were 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 payments for Q's 2, 3, and 4 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 (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| 990-PF Estimated Tax for 2024 | $27,200 |
| 990-PF Excise Tax for 2023 | $24,917 |