Sealed proof · filed Form 990-PF
THE FISCHER FAMILY FOUNDATION 2008
EIN 38-6863779, tax year January 1, 2024 to December 31, 2024. The return the foundation filed, as the IRS published it, with its arithmetic re-done exactly and sealed September 28, 2026.
Listed in the IRS register as FISCHER FAM FOUNDATION 2008 CHARITA BLE TR. The name above is as written on the return; the EIN is the same foundation.
This is the latest return the IRS has published for this foundation. Its tax year ended 21 months ago, so a later one may have been filed since and not yet appear in the public file. The IRS received it on November 14, 2025.
The answer
Nothing carried into the next year: the return shows the year’s amount paid within the year.
Every line we re-do agrees with the return as filed.
Keep this record for the foundation, year on year: the Filing Record, the foundation’s own order, cancellable in writing for a full refund until thirty days after the filing deadline.
Qualifying distributions1.53×
the distributable amount (Part XI ÷ Part X)
Carried to next year$0
undistributed income, Part XII: nothing carried into the next year
Distributions as a rate7.6%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$228.3M
end of the tax year, Part II
Largest listed stock8.1%
VANGUARD VALUE ETF
If that stock halved−4.0%
of total assets, from that one name
Filing Record: $2,600 a year, direct or at cost through the firm that prepares the return. This page stays whether or not the foundation buys anything. Cancel in writing for any reason, any time up to 30 days after your statutory 990-PF filing deadline (or 12 months from invoice, whichever is earlier): the year is refunded in full to the payer, and seals already generated remain checkable. Or write to a person →
Nothing here can be changed quietly. Try it
THE FISCHER FAMILY FOUNDATION 2008 · Form 990-PF, year ended December 31, 2024checking
Recomputing the seal in your browser…
The foundation’s own public return, sealed through the same free action as yours. Your edits stay in this page: nothing is sent and nothing is saved. A sealed copy shows nothing changed; it does not show the original was correct.
This page’s own short link: paretoalphasystems.com/p/09257e4bbc69 — it fits on a printed page, and whoever opens it can run the same check.
The return’s own arithmetic, re-done
| Line | As filed | Recomputed | Result |
|---|---|---|---|
| Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6) | $9,199,359 | $9,199,358.7 | recomputes, within the form's whole-dollar rounding (difference $0.3) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $80,357 | $80,357.151 | recomputes, within the form's whole-dollar rounding (difference −$0.151) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $9,119,002 | $9,119,002 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $34.6M | 15.2% |
| U.S. and state government obligations (line 10a) | $11.9M | 5.2% |
| Corporate stock (line 10b) | $163.9M | 71.8% |
| Corporate bonds (line 10c) | $13.9M | 6.1% |
| Other investments (line 13) | $3.8M | 1.7% |
The ten largest listed stocks, of 376 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 21.1 equal holdings; the ten largest are 58.6% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| VANGUARD VALUE ETF | $18.5M | 8.1% |
| VANGUARD FTSE DEVELOPED | $17.9M | 7.8% |
| OAKMARK INTL FD CL | $12.6M | 5.5% |
| ISHARES CORE S&P SMALL | $12.1M | 5.3% |
| SPDR S&P 500 ETF TRUST | $11.5M | 5.0% |
| VANGUARD GROWTH ETF | $8.8M | 3.8% |
| VANGUARD FTSE EMERGING | $6.5M | 2.9% |
| ISHARES INC CORE MSCI | $4.1M | 1.8% |
| AMAZON COM INC COM | $2.2M | 0.9% |
| LOOMIS SAYLES SECURITIZE | $2M | 0.9% |
Largest other investments (line 13), as listed
| FT. WASHINGTON HIGH YIELD | $1.7M | 0.7% |
| SLP IV TECHNOLOGY TRUST | $568,046 | 0.2% |
| RC CAPITAL FUND VII | $544,723 | 0.2% |
| ARDLUSSA OPPORTUNITIES FUND I, LP | $335,809 | 0.1% |
| CARLYLE EUROPEAN | $281,912 | 0.1% |
What the foundation answered on the form
- Part VI-B 4a: did the foundation invest during the year in a manner that would jeopardize its charitable purposes? No
- Part VI-B 4b: did it make any investment in a prior year that could jeopardize its charitable purpose and that had not been removed from jeopardy? No
- Part VI-B 3a: did it hold more than a 2% direct or indirect interest in any business enterprise? No
- Part VI-B 3b: did it have excess business holdings? Not answered (3a is “No”, so the form does not ask 3b. Our note; not part of the seal.)
- Part VI-B 2a: did it have undistributed income for prior years? No
Quoted as filed. These are the foundation’s own answers; this page does not test them.
Control statement · nine controls
Nine controls, read from the return.
Each control reads one part of the filed return and states a fact in a fixed vocabulary: agrees, differs, reported, not reported, not applicable, not checked. Whether any of it met a requirement is counsel’s question, not this page’s.
Recomputed each time the page is read; not part of the seal. The seal covers the body above (controls v2, kernel@2026-09-15.1).
This return: 4 agree, 4 reported, 1 not checked.
| Control | Reads | Result | Detail |
|---|---|---|---|
| Minimum investment return | Part IX line 6 against 5% of line 5, prorated for a short year | agrees | Filed $9,199,359; recomputed $9,199,358.7; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $80,357; recomputed $80,357.15; agrees within the form's whole-dollar rounding. |
| Distributable amount | Part X line 7 against the form's own chain from line 1 | agrees | Filed $9,119,002; recomputed $9,119,002; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $13,930,628 against a distributable amount of $9,119,002 (1.53×). |
| Payout deadline | Part XII undistributed income and the date it falls due | reported | Part XII reports $0 undistributed income for the year ended 31 December 2024: nothing carried into the next year, so nothing from this year falls due by 31 December 2025. |
| Holdings tie-out | The corporate-stock schedule against Part II line 10b | agrees | 376 listed holdings sum to Part II line 10b exactly; the largest is 8.1% of total assets. |
| The foundation's own answers | Part VI-B 2a, 3a, 3b, 4a and 4b, each answered | reported | All 4 answered No (3b not asked: 3a is No). |
| Filing timeliness | The e-file timestamp beside the original due date and the extension window, each with its IRC §7503 roll to the next business day | reported | Return timestamped 14 November 2025; the original due date was 15 May 2025; the six-month extension window ended 15 November 2025 (a Saturday, so 17 November 2025 under IRC §7503). Whether an extension was granted is not visible in the e-file; the timestamp is the preparer software's, not the IRS receipt. |
| Year-to-year continuity | This year's opening balances against last year's closing | not checked | Needs the prior year's return; one sealed year cannot check itself. |
A line that differs is the return’s figure beside the recomputed one, as filed and as recomputed. The return may carry a reason this page cannot read: a schedule filed on paper, an election, a later amendment. It is not a finding. The page is not indexed. It is read by whoever holds the link: the person who asked for it, and anyone the foundation sends it to, its preparer first.
Year-to-year continuity needs two filed years on record. The years, below, reads this foundation’s filed returns in order and holds each against the one before.
The calendar ahead
A payout is owed on last year’s assets, whatever this year’s market does.
Recomputed each time the page is read; not part of the seal. The seal covers the body above (forward v2, kernel@2026-09-15.1). Read against October 8, 2026.
| By | What | Amount | Basis |
|---|---|---|---|
| May 15, 2026 Passed | Excise tax on the year ending 31 December 2025, due with that return by 15 May 2026. That date has passed; the figure for that year is on its own return, not this one. | $80,357 | Projected under the assumptions below |
| December 31, 2026 | Distributable amount for the year ending 31 December 2025, to be paid out | $9,119,001 | Projected under the assumptions below |
If net noncharitable-use assets fell 20% over the year ending December 31, 2025: what is owed now, nothing from Part XII, is unchanged; the following year’s minimum investment return would be $7,359,486, $1,839,871 less than the projection.
The assumptions, the forward kernel proof, and what was refused
- Net noncharitable-use assets for the year ending 31 December 2025 equal this return's Part IX line 5, $183987174; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $5781090.
- No recoveries, income tax or deduction next year; the rates stay 5% and 1.39%; a full tax year.
- The fall shown is 20% of net noncharitable-use assets, applied to next year's average only; what is already owed was computed on this year's average and is unchanged.
- Forward kernel proof (the projection’s own, recomputed, not sealed)
feb278e7883e47a1…· kernel@2026-09-15.1 · forward v2, controls v2
- A projection under the stated assumptions, from the foundation's own filed figures; not a forecast, not advice.
- The foundation's preparer computes the actual amounts from the year's monthly values; this page states what the last return implies if nothing changes.
- What is already owed was computed on last year's average assets and does not change with this year's market.
The years · carryover chain
One return is one year. The payout is kept across six.
What a foundation leaves undistributed is due by the end of the next tax year, and what it distributes beyond the year’s amount may be applied in the five years after. So what is owed, and what may be set against it, is only readable across the filed years. The IRS publishes those years; this reads them in order, re-adds each Part XII, and holds each year’s opening lines against the year before’s closing lines.
Sealed under a hash of their own the first time they are opened; not part of the seal above.
Up to six filed returns, read from the IRS and sealed under one hash, at a page of their own. Nothing about you is recorded.
The seal
Recomputed just now: it matches what was sealed on September 28, 2026. Anyone can check it without us.
For your auditor: what this hash is over, and how to check it from the IRS’s own file
proof
09257e4bbc69350b234f492531c981d1473af7f2fd949e4f59158805eb509d6c · recomputed now, matchesreturn Form 990-PF, IRS object
202523189349101327, schema 2024v5.2 — the file as the IRS published it hashes to bc630acb5af8401a…source file
202523189349101327_public.xml inside 2025_TEOS_XML_11C.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 09257e4bbc69 --fetcharithmetic
kernel@2026-09-15.1 · kernel proof b9f6dc61015d0992…rules
b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b · commit 7dd856f88a5e — the digest of the 990-PF rules this proof was sealed under (body v2); a proof of the same return under later rules names this hash as supersededThis page is not listed on this site and asks search engines not to index it. It is reached by its link, which whoever asked for it holds.
This foundation’s finance lead or counsel: to add a note beside this page, ask for a correction, or keep the record, write to us.
11,842 foundation returns re-done by the same code; in 11,827 every line we recompute agrees. The study.
This page stays whether or not the foundation buys anything.
Filing Record: $2,600 a year, direct or carried at cost by the firm that prepares the return.
The program, and the full body that was hashed
let total_assets_fmv = 228266456 USD let mix_cash = share(34615200 USD, total_assets_fmv) let mix_government = share(11882818 USD, total_assets_fmv) let mix_stock = share(163867983 USD, total_assets_fmv) let mix_bonds = share(13861998 USD, total_assets_fmv) let mix_other = share(3819228 USD, total_assets_fmv) let net_noncharitable_assets = 183987174 USD let mir_filed = 9199359 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 5781090 USD let excise_filed = 80357 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 9119002 USD let distributable_recomputed = 9199359 USD - 80357 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 13930628 USD let payout_coverage = qualifying_distributions / distributable_filed let payout_rate = share(qualifying_distributions, net_noncharitable_assets) let undistributed_to_next_year = 0 USD let stocks = [18467244 USD, 17852115 USD, 12642812 USD, 12068949 USD, 11503578 USD, 8781774 USD, 6537650 USD, 4057860 USD, 2157701 USD, 1989770 USD, 1689270 USD, 1658603 USD, 1485247 USD, 1231647 USD, 1169712 USD, 958865 USD, 889747 USD, 822642 USD, 748658 USD, 680920 USD, 599702 USD, 589572 USD, 588520 USD, 581111 USD, 567909 USD, 551167 USD, 545381 USD, 535702 USD, 534894 USD, 534593 USD, 534379 USD, 525966 USD, 523580 USD, 523131 USD, 519369 USD, 518722 USD, 513256 USD, 510832 USD, 507549 USD, 507318 USD, 500726 USD, 489161 USD, 487890 USD, 487649 USD, 482500 USD, 475448 USD, 463498 USD, 445997 USD, 433396 USD, 433214 USD, 426407 USD, 420856 USD, 420357 USD, 419125 USD, 418594 USD, 413634 USD, 404214 USD, 402788 USD, 370035 USD, 365450 USD, 364841 USD, 355521 USD, 350953 USD, 349372 USD, 348277 USD, 347615 USD, 341703 USD, 330759 USD, 329256 USD, 318791 USD, 318682 USD, 317296 USD, 295050 USD, 287374 USD, 279825 USD, 279367 USD, 267884 USD, 265809 USD, 257785 USD, 253667 USD, 252486 USD, 250491 USD, 245200 USD, 240312 USD, 236912 USD, 231825 USD, 226745 USD, 225576 USD, 224411 USD, 219368 USD, 213984 USD, 211400 USD, 210003 USD, 209484 USD, 206663 USD, 206161 USD, 205426 USD, 204911 USD, 203754 USD, 201180 USD, 200336 USD, 197451 USD, 196931 USD, 195330 USD, 194666 USD, 194495 USD, 194288 USD, 192912 USD, 192588 USD, 191768 USD, 191511 USD, 191320 USD, 190075 USD, 189735 USD, 189697 USD, 189624 USD, 187815 USD, 187319 USD, 186605 USD, 184809 USD, 183462 USD, 182675 USD, 181943 USD, 180700 USD, 179725 USD, 176802 USD, 173966 USD, 173700 USD, 173580 USD, 173099 USD, 171030 USD, 171030 USD, 170872 USD, 169838 USD, 167446 USD, 161874 USD, 161008 USD, 158084 USD, 154400 USD, 153882 USD, 152107 USD, 152060 USD, 151299 USD, 150754 USD, 149220 USD, 146365 USD, 145040 USD, 144960 USD, 144960 USD, 143430 USD, 143290 USD, 142826 USD, 140879 USD, 139790 USD, 139272 USD, 137293 USD, 136864 USD, 135675 USD, 134534 USD, 133805 USD, 132068 USD, 131553 USD, 131266 USD, 130356 USD, 126909 USD, 124918 USD, 124678 USD, 124677 USD, 124643 USD, 124607 USD, 124426 USD, 124413 USD, 124151 USD, 123121 USD, 123018 USD, 122687 USD, 122670 USD, 121662 USD, 121289 USD, 120884 USD, 118506 USD, 118037 USD, 117694 USD, 117245 USD, 117174 USD, 116856 USD, 115968 USD, 115576 USD, 115175 USD, 115115 USD, 114285 USD, 110280 USD, 108630 USD, 107850 USD, 107661 USD, 107642 USD, 107570 USD, 107384 USD, 106403 USD, 105736 USD, 105733 USD, 104511 USD, 103873 USD, 103782 USD, 103497 USD, 102249 USD, 102239 USD, 101984 USD, 101885 USD, 99783 USD, 99439 USD, 98934 USD, 98865 USD, 97404 USD, 96779 USD, 96631 USD, 96411 USD, 96217 USD, 95902 USD, 94663 USD, 93654 USD, 92328 USD, 92235 USD, 92214 USD, 92199 USD, 91453 USD, 91238 USD, 91136 USD, 90845 USD, 90702 USD, 90491 USD, 90397 USD, 90202 USD, 89346 USD, 89175 USD, 88424 USD, 88319 USD, 87941 USD, 87720 USD, 86986 USD, 86913 USD, 86742 USD, 86454 USD, 86438 USD, 85977 USD, 85818 USD, 85253 USD, 84154 USD, 83942 USD, 83392 USD, 82312 USD, 82057 USD, 81870 USD, 81869 USD, 81747 USD, 80960 USD, 80849 USD, 80210 USD, 78656 USD, 78532 USD, 75866 USD, 75354 USD, 75103 USD, 75018 USD, 74820 USD, 73625 USD, 73565 USD, 72772 USD, 72748 USD, 72592 USD, 71947 USD, 71811 USD, 71690 USD, 71068 USD, 70705 USD, 70627 USD, 70396 USD, 69375 USD, 68709 USD, 68228 USD, 68132 USD, 67283 USD, 67060 USD, 66641 USD, 65690 USD, 65681 USD, 65553 USD, 64849 USD, 64165 USD, 63998 USD, 63875 USD, 63199 USD, 63061 USD, 62861 USD, 62615 USD, 62573 USD, 62019 USD, 61939 USD, 61898 USD, 61436 USD, 61000 USD, 60944 USD, 60925 USD, 60095 USD, 59845 USD, 59604 USD, 59224 USD, 57718 USD, 57318 USD, 56899 USD, 56158 USD, 56130 USD, 56075 USD, 56024 USD, 55180 USD, 54326 USD, 54085 USD, 54052 USD, 53546 USD, 53067 USD, 52931 USD, 52606 USD, 52129 USD, 51901 USD, 51552 USD, 51490 USD, 50955 USD, 49275 USD, 48441 USD, 47293 USD, 46929 USD, 46184 USD, 46138 USD, 46103 USD, 45373 USD, 45169 USD, 43487 USD, 43267 USD, 42471 USD, 42386 USD, 42059 USD, 40154 USD, 39872 USD, 39139 USD, 39094 USD, 38575 USD, 38475 USD, 37777 USD, 36761 USD, 36500 USD, 36160 USD, 35708 USD, 35692 USD, 34236 USD, 33983 USD, 33941 USD, 31544 USD, 31281 USD, 30820 USD, 29585 USD, 26643 USD, 25621 USD, 25024 USD, 24850 USD, 22198 USD, 21930 USD, 19515 USD, 18717 USD, 18224 USD, 18054 USD, 17722 USD, 17636 USD, 17210 USD, 14565 USD, 13299 USD, 12574 USD] let stock_count = count(stocks) let largest_stock = max(stocks) let largest_stock_share_of_assets = share(largest_stock, total_assets_fmv) let top10_share_of_stock = share(sum([18467244 USD, 17852115 USD, 12642812 USD, 12068949 USD, 11503578 USD, 8781774 USD, 6537650 USD, 4057860 USD, 2157701 USD, 1989770 USD]), sum(stocks)) let stock_concentration = hhi(stocks) let effective_stock_holdings = 1 / stock_concentration let largest_stock_halved_share_of_assets = share(largest_stock * 50%, total_assets_fmv)
{
"mix": [
{
"fmv": "34615200",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.151643831540452005790986652897"
},
{
"fmv": "11882818",
"line": "government",
"label": "U.S. and state government obligations (line 10a)",
"share": "0.0520567857767064995305311087846"
},
{
"fmv": "163867983",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.717880260952577281000060736037"
},
{
"fmv": "13861998",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.0607272669095103487303452067438"
},
{
"fmv": "3819228",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.0167314465161714343170947552627"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "386863779",
"name": "THE FISCHER FAMILY FOUNDATION 2008"
},
"scope": [
"Every figure here is the foundation's own filed return or exact arithmetic on it; nothing is estimated.",
"A 990-PF is a year-end snapshot. Prudence is judged at the time of each decision, which a filing cannot show.",
"This page neither establishes nor rules out any tax consequence, and no return is prepared or amended here.",
"A line that differs is the return's figure beside the recomputed one, as filed and as recomputed. The return may carry a reason this page cannot read: a schedule filed on paper, an election, a later amendment. It is not a finding."
],
"checks": [
{
"id": "minimum_investment_return",
"note": null,
"filed": "9199359",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "0.3",
"recomputed": "9199358.7"
},
{
"id": "excise_tax",
"note": null,
"filed": "80357",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "-0.151",
"recomputed": "80357.151"
},
{
"id": "distributable_amount",
"note": null,
"filed": "9119002",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "9119002"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "5781090",
"grossInvestmentIncome": "6515942",
"netNoncharitableAssets": "183987174",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2024-12-31",
"days": 366,
"begin": "2024-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202523189349101327",
"returnTs": "2025-11-14T08:18:23-06:00",
"operating": false,
"sourceSha256": "bc630acb5af8401a24d2c8a2da464ab1b94620846d5ca787b745d251f93b488a",
"returnVersion": "2024v5.2",
"partXBoxChecked": false
},
"answers": [
{
"answer": "No",
"question": "Part VI-B 4a: did the foundation invest during the year in a manner that would jeopardize its charitable purposes?"
},
{
"answer": "No",
"question": "Part VI-B 4b: did it make any investment in a prior year that could jeopardize its charitable purpose and that had not been removed from jeopardy?"
},
{
"answer": "No",
"question": "Part VI-B 3a: did it hold more than a 2% direct or indirect interest in any business enterprise?"
},
{
"answer": "Not answered",
"question": "Part VI-B 3b: did it have excess business holdings?"
},
{
"answer": "No",
"question": "Part VI-B 2a: did it have undistributed income for prior years?"
}
],
"program": "let total_assets_fmv = 228266456 USD\nlet mix_cash = share(34615200 USD, total_assets_fmv)\nlet mix_government = share(11882818 USD, total_assets_fmv)\nlet mix_stock = share(163867983 USD, total_assets_fmv)\nlet mix_bonds = share(13861998 USD, total_assets_fmv)\nlet mix_other = share(3819228 USD, total_assets_fmv)\nlet net_noncharitable_assets = 183987174 USD\nlet mir_filed = 9199359 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 5781090 USD\nlet excise_filed = 80357 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 9119002 USD\nlet distributable_recomputed = 9199359 USD - 80357 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 13930628 USD\nlet payout_coverage = qualifying_distributions / distributable_filed\nlet payout_rate = share(qualifying_distributions, net_noncharitable_assets)\nlet undistributed_to_next_year = 0 USD\nlet stocks = [18467244 USD, 17852115 USD, 12642812 USD, 12068949 USD, 11503578 USD, 8781774 USD, 6537650 USD, 4057860 USD, 2157701 USD, 1989770 USD, 1689270 USD, 1658603 USD, 1485247 USD, 1231647 USD, 1169712 USD, 958865 USD, 889747 USD, 822642 USD, 748658 USD, 680920 USD, 599702 USD, 589572 USD, 588520 USD, 581111 USD, 567909 USD, 551167 USD, 545381 USD, 535702 USD, 534894 USD, 534593 USD, 534379 USD, 525966 USD, 523580 USD, 523131 USD, 519369 USD, 518722 USD, 513256 USD, 510832 USD, 507549 USD, 507318 USD, 500726 USD, 489161 USD, 487890 USD, 487649 USD, 482500 USD, 475448 USD, 463498 USD, 445997 USD, 433396 USD, 433214 USD, 426407 USD, 420856 USD, 420357 USD, 419125 USD, 418594 USD, 413634 USD, 404214 USD, 402788 USD, 370035 USD, 365450 USD, 364841 USD, 355521 USD, 350953 USD, 349372 USD, 348277 USD, 347615 USD, 341703 USD, 330759 USD, 329256 USD, 318791 USD, 318682 USD, 317296 USD, 295050 USD, 287374 USD, 279825 USD, 279367 USD, 267884 USD, 265809 USD, 257785 USD, 253667 USD, 252486 USD, 250491 USD, 245200 USD, 240312 USD, 236912 USD, 231825 USD, 226745 USD, 225576 USD, 224411 USD, 219368 USD, 213984 USD, 211400 USD, 210003 USD, 209484 USD, 206663 USD, 206161 USD, 205426 USD, 204911 USD, 203754 USD, 201180 USD, 200336 USD, 197451 USD, 196931 USD, 195330 USD, 194666 USD, 194495 USD, 194288 USD, 192912 USD, 192588 USD, 191768 USD, 191511 USD, 191320 USD, 190075 USD, 189735 USD, 189697 USD, 189624 USD, 187815 USD, 187319 USD, 186605 USD, 184809 USD, 183462 USD, 182675 USD, 181943 USD, 180700 USD, 179725 USD, 176802 USD, 173966 USD, 173700 USD, 173580 USD, 173099 USD, 171030 USD, 171030 USD, 170872 USD, 169838 USD, 167446 USD, 161874 USD, 161008 USD, 158084 USD, 154400 USD, 153882 USD, 152107 USD, 152060 USD, 151299 USD, 150754 USD, 149220 USD, 146365 USD, 145040 USD, 144960 USD, 144960 USD, 143430 USD, 143290 USD, 142826 USD, 140879 USD, 139790 USD, 139272 USD, 137293 USD, 136864 USD, 135675 USD, 134534 USD, 133805 USD, 132068 USD, 131553 USD, 131266 USD, 130356 USD, 126909 USD, 124918 USD, 124678 USD, 124677 USD, 124643 USD, 124607 USD, 124426 USD, 124413 USD, 124151 USD, 123121 USD, 123018 USD, 122687 USD, 122670 USD, 121662 USD, 121289 USD, 120884 USD, 118506 USD, 118037 USD, 117694 USD, 117245 USD, 117174 USD, 116856 USD, 115968 USD, 115576 USD, 115175 USD, 115115 USD, 114285 USD, 110280 USD, 108630 USD, 107850 USD, 107661 USD, 107642 USD, 107570 USD, 107384 USD, 106403 USD, 105736 USD, 105733 USD, 104511 USD, 103873 USD, 103782 USD, 103497 USD, 102249 USD, 102239 USD, 101984 USD, 101885 USD, 99783 USD, 99439 USD, 98934 USD, 98865 USD, 97404 USD, 96779 USD, 96631 USD, 96411 USD, 96217 USD, 95902 USD, 94663 USD, 93654 USD, 92328 USD, 92235 USD, 92214 USD, 92199 USD, 91453 USD, 91238 USD, 91136 USD, 90845 USD, 90702 USD, 90491 USD, 90397 USD, 90202 USD, 89346 USD, 89175 USD, 88424 USD, 88319 USD, 87941 USD, 87720 USD, 86986 USD, 86913 USD, 86742 USD, 86454 USD, 86438 USD, 85977 USD, 85818 USD, 85253 USD, 84154 USD, 83942 USD, 83392 USD, 82312 USD, 82057 USD, 81870 USD, 81869 USD, 81747 USD, 80960 USD, 80849 USD, 80210 USD, 78656 USD, 78532 USD, 75866 USD, 75354 USD, 75103 USD, 75018 USD, 74820 USD, 73625 USD, 73565 USD, 72772 USD, 72748 USD, 72592 USD, 71947 USD, 71811 USD, 71690 USD, 71068 USD, 70705 USD, 70627 USD, 70396 USD, 69375 USD, 68709 USD, 68228 USD, 68132 USD, 67283 USD, 67060 USD, 66641 USD, 65690 USD, 65681 USD, 65553 USD, 64849 USD, 64165 USD, 63998 USD, 63875 USD, 63199 USD, 63061 USD, 62861 USD, 62615 USD, 62573 USD, 62019 USD, 61939 USD, 61898 USD, 61436 USD, 61000 USD, 60944 USD, 60925 USD, 60095 USD, 59845 USD, 59604 USD, 59224 USD, 57718 USD, 57318 USD, 56899 USD, 56158 USD, 56130 USD, 56075 USD, 56024 USD, 55180 USD, 54326 USD, 54085 USD, 54052 USD, 53546 USD, 53067 USD, 52931 USD, 52606 USD, 52129 USD, 51901 USD, 51552 USD, 51490 USD, 50955 USD, 49275 USD, 48441 USD, 47293 USD, 46929 USD, 46184 USD, 46138 USD, 46103 USD, 45373 USD, 45169 USD, 43487 USD, 43267 USD, 42471 USD, 42386 USD, 42059 USD, 40154 USD, 39872 USD, 39139 USD, 39094 USD, 38575 USD, 38475 USD, 37777 USD, 36761 USD, 36500 USD, 36160 USD, 35708 USD, 35692 USD, 34236 USD, 33983 USD, 33941 USD, 31544 USD, 31281 USD, 30820 USD, 29585 USD, 26643 USD, 25621 USD, 25024 USD, 24850 USD, 22198 USD, 21930 USD, 19515 USD, 18717 USD, 18224 USD, 18054 USD, 17722 USD, 17636 USD, 17210 USD, 14565 USD, 13299 USD, 12574 USD]\nlet stock_count = count(stocks)\nlet largest_stock = max(stocks)\nlet largest_stock_share_of_assets = share(largest_stock, total_assets_fmv)\nlet top10_share_of_stock = share(sum([18467244 USD, 17852115 USD, 12642812 USD, 12068949 USD, 11503578 USD, 8781774 USD, 6537650 USD, 4057860 USD, 2157701 USD, 1989770 USD]), sum(stocks))\nlet stock_concentration = hhi(stocks)\nlet effective_stock_holdings = 1 / stock_concentration\nlet largest_stock_halved_share_of_assets = share(largest_stock * 50%, total_assets_fmv)",
"results": {
"mix_cash": "0.151643831540452005790986652897",
"mir_filed": "9199359 USD",
"mix_bonds": "0.0607272669095103487303452067438",
"mix_other": "0.0167314465161714343170947552627",
"mix_stock": "0.717880260952577281000060736037",
"payout_rate": "0.0757152126267236432470015545758",
"stock_count": "376",
"excise_filed": "80357 USD",
"largest_stock": "18467244 USD",
"mir_difference": "0.3 USD",
"mir_recomputed": "9199358.7 USD",
"mix_government": "0.0520567857767064995305311087846",
"payout_coverage": "1.52764831063750177925172074751",
"total_assets_fmv": "228266456 USD",
"excise_difference": "-0.151 USD",
"excise_recomputed": "80357.151 USD",
"distributable_filed": "9119002 USD",
"stock_concentration": "0.0473863896057357627755307053822",
"top10_share_of_stock": "0.586200252431251320155688985322",
"net_investment_income": "5781090 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "9119002 USD",
"effective_stock_holdings": "21.1031059407606269817379019875",
"net_noncharitable_assets": "183987174 USD",
"qualifying_distributions": "13930628 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.0809021365802428719531178071998",
"largest_stock_halved_share_of_assets": "0.0404510682901214359765589035999"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "18467244",
"name": "VANGUARD VALUE ETF",
"shareOfAssets": "0.0809021365802428719531178071998"
},
{
"fmv": "17852115",
"name": "VANGUARD FTSE DEVELOPED",
"shareOfAssets": "0.0782073516750091393191823156005"
},
{
"fmv": "12642812",
"name": "OAKMARK INTL FD CL",
"shareOfAssets": "0.0553862018167049476599400132624"
},
{
"fmv": "12068949",
"name": "ISHARES CORE S&P SMALL",
"shareOfAssets": "0.0528721968680321562446301790395"
},
{
"fmv": "11503578",
"name": "SPDR S&P 500 ETF TRUST",
"shareOfAssets": "0.0503953940564968512062061365687"
},
{
"fmv": "8781774",
"name": "VANGUARD GROWTH ETF",
"shareOfAssets": "0.0384715921642030487387949808972"
},
{
"fmv": "6537650",
"name": "VANGUARD FTSE EMERGING",
"shareOfAssets": "0.0286404323901186777964432934465"
},
{
"fmv": "4057860",
"name": "ISHARES INC CORE MSCI",
"shareOfAssets": "0.0177768563594819205499033112425"
},
{
"fmv": "2157701",
"name": "AMAZON COM INC COM",
"shareOfAssets": "0.00945255399242716590824891065028"
},
{
"fmv": "1989770",
"name": "LOOMIS SAYLES SECURITIZE",
"shareOfAssets": "0.00871687428309659304475292681637"
}
],
"count": 376,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "b9f6dc61015d0992aec0d2868a0c3ad726051a40930b0a221365e2565938b354",
"otherInvestments": [
{
"fmv": "1664808",
"name": "FT. WASHINGTON HIGH YIELD",
"shareOfAssets": "0.0072932660767292063271880823348"
},
{
"fmv": "568046",
"name": "SLP IV TECHNOLOGY TRUST",
"shareOfAssets": "0.00248852157235051653844400160136"
},
{
"fmv": "544723",
"name": "RC CAPITAL FUND VII",
"shareOfAssets": "0.00238634712057736595341016728275"
},
{
"fmv": "335809",
"name": "ARDLUSSA OPPORTUNITIES FUND I, LP",
"shareOfAssets": "0.00147112723386742377951493670187"
},
{
"fmv": "281912",
"name": "CARLYLE EUROPEAN",
"shareOfAssets": "0.0012350128220328614555613900625"
}
]
}The seal’s own scope:
- Every figure here is the foundation's own filed return or exact arithmetic on it; nothing is estimated.
- A 990-PF is a year-end snapshot. Prudence is judged at the time of each decision, which a filing cannot show.
- This page neither establishes nor rules out any tax consequence, and no return is prepared or amended here.
- A line that differs is the return's figure beside the recomputed one, as filed and as recomputed. The return may carry a reason this page cannot read: a schedule filed on paper, an election, a later amendment. It is not a finding.
We don’t prepare or file a 990-PF. We read the one the foundation filed, re-do its arithmetic exactly, and seal what it says.