Sealed proof · filed Form 990-PF
HGR FAMILY FOUNDATION INC
EIN 93-4957914, tax year January 1, 2025 to December 31, 2025. The return the foundation filed, as the IRS published it, with its arithmetic re-done exactly and sealed September 28, 2026.
This is the latest return the IRS has published for this foundation, for the tax year ended 2025-12-31. The IRS received it on July 30, 2026.
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 distributions1.04×
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 rate5.1%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$21.4M
end of the tax year, Part II
Largest listed stock4.8%
FIDELITY #1746 FIDELITY GOVERNMENT CASH RESERVES
If that stock halved−2.4%
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
HGR FAMILY FOUNDATION INC · Form 990-PF, year ended December 31, 2025checking
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/12a4f61917e7 — 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) | $1,028,824 | $1,028,823.8 | recomputes, within the form's whole-dollar rounding (difference $0.2) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $11,665 | $11,665.1302 | recomputes, within the form's whole-dollar rounding (difference −$0.1302) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $1,017,159 | $1,017,159 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $48,514 | 0.2% |
| U.S. and state government obligations (line 10a) | $2.8M | 13.3% |
| Corporate stock (line 10b) | $10.1M | 47.0% |
| Corporate bonds (line 10c) | $4.3M | 20.1% |
| Other investments (line 13) | $4.1M | 19.3% |
The ten largest listed stocks, of 683 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 49.6 equal holdings; the ten largest are 33.7% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| FIDELITY #1746 FIDELITY GOVERNMENT CASH RESERVES | $1M | 4.8% |
| FIDELITY #6926 EATON VANCE EMERGING AND FRONT COUNT EQ I | $531,955 | 2.5% |
| FIDELITY #1746 VANGUARD BD INDEX FDS SHORT TRM BOND | $379,943 | 1.8% |
| FIDELITY #1746 EASTERLY HEDGED EQTY FUND CLASS I | $297,709 | 1.4% |
| FIDELITY #1746 AQR DIVERSIFIED ARBITRAGE CLASS I | $285,029 | 1.3% |
| FIDELITY #6926 NVIDIA CORPORATION COM | $212,610 | 1.0% |
| FIDELITY #6926 APPLE INC | $183,234 | 0.9% |
| FIDELITY #6926 MICROSOFT CORP | $168,783 | 0.8% |
| FIDELITY #6926 BROADCOM INC COM | $155,399 | 0.7% |
| FIDELITY #6926 ALPHABET INC CAP STK CL A | $143,354 | 0.7% |
Largest other investments (line 13), as listed
| FIDELITY #1746 BLACKSTONE REAL ESTATE INCOME TRUST INC CL I | $993,878 | 4.6% |
| FIDELITY #1746 AMG PANTHEON FD LLC UNIT CL 1 | $851,706 | 4.0% |
| FIDELITY #1746 PARTNERS GROUP PRIVATE EQUITY MASTER FD LLC UNIT CL I | $828,479 | 3.9% |
| FIDELITY #1746 BLACKSTONE PRIVATE CREDIT FUND SHS CL I | $530,705 | 2.5% |
| FIDELITY #1746 BLUE OWL REAL ESTATE NET LEASE TRUST COM CL I INV | $372,107 | 1.7% |
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 $1,028,824; recomputed $1,028,823.8; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $11,665; recomputed $11,665.13; 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 $1,017,159; recomputed $1,017,159; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $1,056,330 against a distributable amount of $1,017,159 (1.04×). |
| 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 2025: nothing carried into the next year, so nothing from this year falls due by 31 December 2026. |
| Holdings tie-out | The corporate-stock schedule against Part II line 10b | agrees | 683 listed holdings sum to Part II line 10b exactly; the largest is 4.8% 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 30 July 2026; the original due date was 15 May 2026; the six-month extension window ended 15 November 2026 (a Sunday, so 16 November 2026 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 17, 2027 | Excise tax on the year ending 31 December 2026, due with that return by 15 May 2027 (a Saturday, so 17 May 2027 under IRC §7503) | $11,665 | Projected under the assumptions below |
| December 31, 2027 | Distributable amount for the year ending 31 December 2026, to be paid out | $1,017,158 | Projected under the assumptions below |
If net noncharitable-use assets fell 20% over the coming year: what is owed now, nothing from Part XII, is unchanged; the following year’s minimum investment return would be $823,059, $205,764 less than the projection.
The assumptions, the forward kernel proof, and what was refused
- Net noncharitable-use assets for the year ending 31 December 2026 equal this return's Part IX line 5, $20576476; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $839218.
- 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)
11d8f0e70643147b…· 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
12a4f61917e7abaeaf2764654f98290ef5d6629c1d2d76aa60734d02d52288db · recomputed now, matchesreturn Form 990-PF, IRS object
202602119349100920, schema 2025v4.2 — the file as the IRS published it hashes to 09d14f8032f5f4a2…source file
202602119349100920_public.xml inside 2026_TEOS_XML_08A.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 12a4f61917e7 --fetcharithmetic
kernel@2026-09-15.1 · kernel proof 436e2fadad63c40d…rules
b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b · commit f80886675d1e — 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 = 21410682 USD let mix_cash = share(48514 USD, total_assets_fmv) let mix_government = share(2848332 USD, total_assets_fmv) let mix_stock = share(10072034 USD, total_assets_fmv) let mix_bonds = share(4309683 USD, total_assets_fmv) let mix_other = share(4132119 USD, total_assets_fmv) let net_noncharitable_assets = 20576476 USD let mir_filed = 1028824 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 839218 USD let excise_filed = 11665 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 1017159 USD let distributable_recomputed = 1028824 USD - 11665 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 1056330 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 = [1037660 USD, 531955 USD, 379943 USD, 297709 USD, 285029 USD, 212610 USD, 183234 USD, 168783 USD, 155399 USD, 143354 USD, 143240 USD, 136621 USD, 134322 USD, 114864 USD, 102095 USD, 91885 USD, 83919 USD, 81765 USD, 79864 USD, 79262 USD, 75430 USD, 70046 USD, 62951 USD, 62467 USD, 60778 USD, 57805 USD, 54579 USD, 50953 USD, 40948 USD, 40660 USD, 39458 USD, 39302 USD, 37907 USD, 37487 USD, 36804 USD, 36781 USD, 36039 USD, 34299 USD, 33190 USD, 32841 USD, 32668 USD, 31508 USD, 30621 USD, 29825 USD, 29198 USD, 29180 USD, 29132 USD, 28629 USD, 28467 USD, 27680 USD, 27327 USD, 27286 USD, 27040 USD, 26356 USD, 26188 USD, 25770 USD, 25729 USD, 25267 USD, 24261 USD, 23386 USD, 23321 USD, 23118 USD, 23087 USD, 22143 USD, 21514 USD, 20855 USD, 20736 USD, 20422 USD, 20414 USD, 20376 USD, 20333 USD, 20214 USD, 19833 USD, 19500 USD, 19458 USD, 19409 USD, 19222 USD, 19220 USD, 19021 USD, 18938 USD, 18798 USD, 18682 USD, 18514 USD, 18338 USD, 18244 USD, 18212 USD, 18193 USD, 18177 USD, 18173 USD, 18135 USD, 17903 USD, 17851 USD, 17529 USD, 17427 USD, 17310 USD, 17197 USD, 17165 USD, 17118 USD, 16619 USD, 16604 USD, 16439 USD, 16085 USD, 15979 USD, 15849 USD, 15821 USD, 15647 USD, 15521 USD, 15157 USD, 15092 USD, 15019 USD, 15004 USD, 14802 USD, 14739 USD, 14508 USD, 14332 USD, 14252 USD, 14231 USD, 13967 USD, 13941 USD, 13865 USD, 13830 USD, 13739 USD, 13617 USD, 13525 USD, 13471 USD, 13403 USD, 13332 USD, 13253 USD, 13218 USD, 13146 USD, 13025 USD, 12959 USD, 12724 USD, 12702 USD, 12546 USD, 12535 USD, 12509 USD, 12493 USD, 12096 USD, 12089 USD, 12070 USD, 11894 USD, 11797 USD, 11719 USD, 11557 USD, 11552 USD, 11550 USD, 11525 USD, 11524 USD, 11507 USD, 11429 USD, 11267 USD, 11248 USD, 11242 USD, 11090 USD, 11063 USD, 11055 USD, 11036 USD, 11012 USD, 10992 USD, 10847 USD, 10821 USD, 10751 USD, 10699 USD, 10641 USD, 10639 USD, 10545 USD, 10447 USD, 10330 USD, 10297 USD, 10283 USD, 10145 USD, 10128 USD, 10076 USD, 10046 USD, 9954 USD, 9950 USD, 9950 USD, 9942 USD, 9927 USD, 9895 USD, 9843 USD, 9814 USD, 9735 USD, 9717 USD, 9707 USD, 9676 USD, 9659 USD, 9476 USD, 9303 USD, 9288 USD, 9209 USD, 9170 USD, 9145 USD, 9081 USD, 9043 USD, 9013 USD, 8982 USD, 8901 USD, 8774 USD, 8762 USD, 8719 USD, 8680 USD, 8669 USD, 8610 USD, 8579 USD, 8575 USD, 8536 USD, 8509 USD, 8430 USD, 8320 USD, 8316 USD, 8284 USD, 8252 USD, 8250 USD, 8247 USD, 8205 USD, 8166 USD, 8144 USD, 8127 USD, 8034 USD, 8032 USD, 7991 USD, 7990 USD, 7981 USD, 7970 USD, 7967 USD, 7925 USD, 7892 USD, 7803 USD, 7707 USD, 7682 USD, 7682 USD, 7672 USD, 7656 USD, 7618 USD, 7612 USD, 7569 USD, 7537 USD, 7493 USD, 7485 USD, 7446 USD, 7430 USD, 7428 USD, 7427 USD, 7319 USD, 7307 USD, 7294 USD, 7287 USD, 7223 USD, 7158 USD, 7155 USD, 7119 USD, 7084 USD, 6982 USD, 6981 USD, 6954 USD, 6913 USD, 6867 USD, 6864 USD, 6861 USD, 6788 USD, 6760 USD, 6745 USD, 6742 USD, 6694 USD, 6689 USD, 6655 USD, 6653 USD, 6642 USD, 6633 USD, 6624 USD, 6621 USD, 6614 USD, 6566 USD, 6531 USD, 6489 USD, 6471 USD, 6468 USD, 6460 USD, 6451 USD, 6436 USD, 6429 USD, 6426 USD, 6373 USD, 6371 USD, 6358 USD, 6352 USD, 6198 USD, 6178 USD, 6172 USD, 6156 USD, 6125 USD, 6110 USD, 6109 USD, 6108 USD, 6103 USD, 6065 USD, 6033 USD, 6021 USD, 5978 USD, 5962 USD, 5951 USD, 5935 USD, 5911 USD, 5901 USD, 5881 USD, 5878 USD, 5863 USD, 5827 USD, 5809 USD, 5794 USD, 5775 USD, 5757 USD, 5745 USD, 5742 USD, 5624 USD, 5622 USD, 5611 USD, 5602 USD, 5592 USD, 5549 USD, 5548 USD, 5536 USD, 5487 USD, 5470 USD, 5438 USD, 5434 USD, 5419 USD, 5408 USD, 5348 USD, 5326 USD, 5319 USD, 5310 USD, 5308 USD, 5306 USD, 5301 USD, 5291 USD, 5256 USD, 5249 USD, 5211 USD, 5198 USD, 5185 USD, 5178 USD, 5177 USD, 5170 USD, 5152 USD, 5139 USD, 5124 USD, 5115 USD, 5111 USD, 5105 USD, 5100 USD, 5095 USD, 5087 USD, 5083 USD, 5075 USD, 5064 USD, 5058 USD, 5030 USD, 5029 USD, 5008 USD, 5000 USD, 4984 USD, 4977 USD, 4944 USD, 4929 USD, 4897 USD, 4889 USD, 4886 USD, 4883 USD, 4882 USD, 4877 USD, 4857 USD, 4853 USD, 4847 USD, 4812 USD, 4794 USD, 4774 USD, 4764 USD, 4745 USD, 4729 USD, 4714 USD, 4710 USD, 4706 USD, 4705 USD, 4691 USD, 4689 USD, 4687 USD, 4686 USD, 4686 USD, 4672 USD, 4669 USD, 4660 USD, 4641 USD, 4635 USD, 4630 USD, 4626 USD, 4626 USD, 4568 USD, 4562 USD, 4547 USD, 4539 USD, 4524 USD, 4522 USD, 4518 USD, 4510 USD, 4505 USD, 4496 USD, 4495 USD, 4493 USD, 4484 USD, 4484 USD, 4476 USD, 4474 USD, 4441 USD, 4440 USD, 4432 USD, 4426 USD, 4421 USD, 4420 USD, 4399 USD, 4374 USD, 4364 USD, 4346 USD, 4341 USD, 4299 USD, 4295 USD, 4286 USD, 4279 USD, 4253 USD, 4245 USD, 4240 USD, 4229 USD, 4202 USD, 4202 USD, 4186 USD, 4171 USD, 4157 USD, 4147 USD, 4146 USD, 4141 USD, 4139 USD, 4134 USD, 4133 USD, 4121 USD, 4093 USD, 4076 USD, 4069 USD, 4068 USD, 4064 USD, 4061 USD, 4059 USD, 4052 USD, 4047 USD, 4044 USD, 4036 USD, 4035 USD, 4032 USD, 4029 USD, 4024 USD, 4019 USD, 4016 USD, 4005 USD, 3990 USD, 3987 USD, 3980 USD, 3972 USD, 3943 USD, 3942 USD, 3940 USD, 3929 USD, 3916 US … (8594 characters; the full program is in the body below)
{
"mix": [
{
"fmv": "48514",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.00226587831251708843277388361566"
},
{
"fmv": "2848332",
"line": "government",
"label": "U.S. and state government obligations (line 10a)",
"share": "0.133033221454599157560697973096"
},
{
"fmv": "10072034",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.470420979583929180770607867606"
},
{
"fmv": "4309683",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.201286582090192176036242096352"
},
{
"fmv": "4132119",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.192993338558762397199678179331"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "f80886675d1e9841aaf04d9ad7d91262ed5fee38",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "934957914",
"name": "HGR FAMILY FOUNDATION INC"
},
"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": "1028824",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "0.2",
"recomputed": "1028823.8"
},
{
"id": "excise_tax",
"note": null,
"filed": "11665",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "-0.1302",
"recomputed": "11665.1302"
},
{
"id": "distributable_amount",
"note": null,
"filed": "1017159",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "1017159"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "839218",
"grossInvestmentIncome": "975810",
"netNoncharitableAssets": "20576476",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2025-12-31",
"days": 365,
"begin": "2025-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202602119349100920",
"returnTs": "2026-07-30T16:44:40-05:00",
"operating": false,
"sourceSha256": "09d14f8032f5f4a2042d3e0be75e358c8acddccb683f8a0eb82079062ad2c3c9",
"returnVersion": "2025v4.2",
"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 = 21410682 USD\nlet mix_cash = share(48514 USD, total_assets_fmv)\nlet mix_government = share(2848332 USD, total_assets_fmv)\nlet mix_stock = share(10072034 USD, total_assets_fmv)\nlet mix_bonds = share(4309683 USD, total_assets_fmv)\nlet mix_other = share(4132119 USD, total_assets_fmv)\nlet net_noncharitable_assets = 20576476 USD\nlet mir_filed = 1028824 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 839218 USD\nlet excise_filed = 11665 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 1017159 USD\nlet distributable_recomputed = 1028824 USD - 11665 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 1056330 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 = [1037660 USD, 531955 USD, 379943 USD, 297709 USD, 285029 USD, 212610 USD, 183234 USD, 168783 USD, 155399 USD, 143354 USD, 143240 USD, 136621 USD, 134322 USD, 114864 USD, 102095 USD, 91885 USD, 83919 USD, 81765 USD, 79864 USD, 79262 USD, 75430 USD, 70046 USD, 62951 USD, 62467 USD, 60778 USD, 57805 USD, 54579 USD, 50953 USD, 40948 USD, 40660 USD, 39458 USD, 39302 USD, 37907 USD, 37487 USD, 36804 USD, 36781 USD, 36039 USD, 34299 USD, 33190 USD, 32841 USD, 32668 USD, 31508 USD, 30621 USD, 29825 USD, 29198 USD, 29180 USD, 29132 USD, 28629 USD, 28467 USD, 27680 USD, 27327 USD, 27286 USD, 27040 USD, 26356 USD, 26188 USD, 25770 USD, 25729 USD, 25267 USD, 24261 USD, 23386 USD, 23321 USD, 23118 USD, 23087 USD, 22143 USD, 21514 USD, 20855 USD, 20736 USD, 20422 USD, 20414 USD, 20376 USD, 20333 USD, 20214 USD, 19833 USD, 19500 USD, 19458 USD, 19409 USD, 19222 USD, 19220 USD, 19021 USD, 18938 USD, 18798 USD, 18682 USD, 18514 USD, 18338 USD, 18244 USD, 18212 USD, 18193 USD, 18177 USD, 18173 USD, 18135 USD, 17903 USD, 17851 USD, 17529 USD, 17427 USD, 17310 USD, 17197 USD, 17165 USD, 17118 USD, 16619 USD, 16604 USD, 16439 USD, 16085 USD, 15979 USD, 15849 USD, 15821 USD, 15647 USD, 15521 USD, 15157 USD, 15092 USD, 15019 USD, 15004 USD, 14802 USD, 14739 USD, 14508 USD, 14332 USD, 14252 USD, 14231 USD, 13967 USD, 13941 USD, 13865 USD, 13830 USD, 13739 USD, 13617 USD, 13525 USD, 13471 USD, 13403 USD, 13332 USD, 13253 USD, 13218 USD, 13146 USD, 13025 USD, 12959 USD, 12724 USD, 12702 USD, 12546 USD, 12535 USD, 12509 USD, 12493 USD, 12096 USD, 12089 USD, 12070 USD, 11894 USD, 11797 USD, 11719 USD, 11557 USD, 11552 USD, 11550 USD, 11525 USD, 11524 USD, 11507 USD, 11429 USD, 11267 USD, 11248 USD, 11242 USD, 11090 USD, 11063 USD, 11055 USD, 11036 USD, 11012 USD, 10992 USD, 10847 USD, 10821 USD, 10751 USD, 10699 USD, 10641 USD, 10639 USD, 10545 USD, 10447 USD, 10330 USD, 10297 USD, 10283 USD, 10145 USD, 10128 USD, 10076 USD, 10046 USD, 9954 USD, 9950 USD, 9950 USD, 9942 USD, 9927 USD, 9895 USD, 9843 USD, 9814 USD, 9735 USD, 9717 USD, 9707 USD, 9676 USD, 9659 USD, 9476 USD, 9303 USD, 9288 USD, 9209 USD, 9170 USD, 9145 USD, 9081 USD, 9043 USD, 9013 USD, 8982 USD, 8901 USD, 8774 USD, 8762 USD, 8719 USD, 8680 USD, 8669 USD, 8610 USD, 8579 USD, 8575 USD, 8536 USD, 8509 USD, 8430 USD, 8320 USD, 8316 USD, 8284 USD, 8252 USD, 8250 USD, 8247 USD, 8205 USD, 8166 USD, 8144 USD, 8127 USD, 8034 USD, 8032 USD, 7991 USD, 7990 USD, 7981 USD, 7970 USD, 7967 USD, 7925 USD, 7892 USD, 7803 USD, 7707 USD, 7682 USD, 7682 USD, 7672 USD, 7656 USD, 7618 USD, 7612 USD, 7569 USD, 7537 USD, 7493 USD, 7485 USD, 7446 USD, 7430 USD, 7428 USD, 7427 USD, 7319 USD, 7307 USD, 7294 USD, 7287 USD, 7223 USD, 7158 USD, 7155 USD, 7119 USD, 7084 USD, 6982 USD, 6981 USD, 6954 USD, 6913 USD, 6867 USD, 6864 USD, 6861 USD, 6788 USD, 6760 USD, 6745 USD, 6742 USD, 6694 USD, 6689 USD, 6655 USD, 6653 USD, 6642 USD, 6633 USD, 6624 USD, 6621 USD, 6614 USD, 6566 USD, 6531 USD, 6489 USD, 6471 USD, 6468 USD, 6460 USD, 6451 USD, 6436 USD, 6429 USD, 6426 USD, 6373 USD, 6371 USD, 6358 USD, 6352 USD, 6198 USD, 6178 USD, 6172 USD, 6156 USD, 6125 USD, 6110 USD, 6109 USD, 6108 USD, 6103 USD, 6065 USD, 6033 USD, 6021 USD, 5978 USD, 5962 USD, 5951 USD, 5935 USD, 5911 USD, 5901 USD, 5881 USD, 5878 USD, 5863 USD, 5827 USD, 5809 USD, 5794 USD, 5775 USD, 5757 USD, 5745 USD, 5742 USD, 5624 USD, 5622 USD, 5611 USD, 5602 USD, 5592 USD, 5549 USD, 5548 USD, 5536 USD, 5487 USD, 5470 USD, 5438 USD, 5434 USD, 5419 USD, 5408 USD, 5348 USD, 5326 USD, 5319 USD, 5310 USD, 5308 USD, 5306 USD, 5301 USD, 5291 USD, 5256 USD, 5249 USD, 5211 USD, 5198 USD, 5185 USD, 5178 USD, 5177 USD, 5170 USD, 5152 USD, 5139 USD, 5124 USD, 5115 USD, 5111 USD, 5105 USD, 5100 USD, 5095 USD, 5087 USD, 5083 USD, 5075 USD, 5064 USD, 5058 USD, 5030 USD, 5029 USD, 5008 USD, 5000 USD, 4984 USD, 4977 USD, 4944 USD, 4929 USD, 4897 USD, 4889 USD, 4886 USD, 4883 USD, 4882 USD, 4877 USD, 4857 USD, 4853 USD, 4847 USD, 4812 USD, 4794 USD, 4774 USD, 4764 USD, 4745 USD, 4729 USD, 4714 USD, 4710 USD, 4706 USD, 4705 USD, 4691 USD, 4689 USD, 4687 USD, 4686 USD, 4686 USD, 4672 USD, 4669 USD, 4660 USD, 4641 USD, 4635 USD, 4630 USD, 4626 USD, 4626 USD, 4568 USD, 4562 USD, 4547 USD, 4539 USD, 4524 USD, 4522 USD, 4518 USD, 4510 USD, 4505 USD, 4496 USD, 4495 USD, 4493 USD, 4484 USD, 4484 USD, 4476 USD, 4474 USD, 4441 USD, 4440 USD, 4432 USD, 4426 USD, 4421 USD, 4420 USD, 4399 USD, 4374 USD, 4364 USD, 4346 USD, 4341 USD, 4299 USD, 4295 USD, 4286 USD, 4279 USD, 4253 USD, 4245 USD, 4240 USD, 4229 USD, 4202 USD, 4202 USD, 4186 USD, 4171 USD, 4157 USD, 4147 USD, 4146 USD, 4141 USD, 4139 USD, 4134 USD, 4133 USD, 4121 USD, 4093 USD, 4076 USD, 4069 USD, 4068 USD, 4064 USD, 4061 USD, 4059 USD, 4052 USD, 4047 USD, 4044 USD, 4036 USD, 4035 USD, 4032 USD, 4029 USD, 4024 USD, 4019 USD, 4016 USD, 4005 USD, 3990 USD, 3987 USD, 3980 USD, 3972 USD, 3943 USD, 3942 USD, 3940 USD, 3929 USD, 3916 USD, 3910 USD, 3888 USD, 3883 USD, 3881 USD, 3877 USD, 3874 USD, 3859 USD, 3854 USD, 3836 USD, 3826 USD, 3822 USD, 3809 USD, 3797 USD, 3781 USD, 3777 USD, 3767 USD, 3762 USD, 3762 USD, 3749 USD, 3744 USD, 3700 USD, 3693 USD, 3691 USD, 3688 USD, 3687 USD, 3683 USD, 3680 USD, 3674 USD, 3664 USD, 3659 USD, 3637 USD, 3628 USD, 3614 USD, 3608 USD, 3607 USD, 3600 USD, 3597 USD, 3596 USD, 3588 USD, 3583 USD, 3570 USD, 3561 USD, 3547 USD, 3528 USD, 3515 USD, 3514 USD, 3505 USD, 3504 USD, 3492 USD, 3487 USD, 3485 USD, 3478 USD, 3474 USD, 3473 USD, 3470 USD, 3467 USD, 3458 USD, 3450 USD, 3447 USD, 3436 USD, 3428 USD, 3423 USD, 3421 USD, 3416 USD, 3415 USD, 3397 USD, 3397 USD, 3381 USD, 3376 USD, 3352 USD, 3326 USD, 3318 USD, 3314 USD, 3294 USD, 3290 USD, 3276 USD, 3266 USD, 3263 USD, 3257 USD, 3230 USD, 3229 USD, 3224 USD, 3220 USD, 3210 USD, 3208 USD, 3200 USD, 3183 USD, 3180 USD, 3178 USD, 3175 USD, 3169 USD, 3136 USD, 3136 USD, 3134 USD, 3131 USD, 3125 USD, 3117 USD, 3116 USD, 3111 USD, 3111 USD, 3100 USD, 3093 USD, 3088 USD, 3078 USD, 3070 USD, 3070 USD, 3064 USD, 3058 USD, 3055 USD, 3048 USD, 3041 USD, 3030 USD, 3012 USD, 3009 USD, 3002 USD, 3000 USD, 2984 USD, 2959 USD, 2954 USD, 2951 USD, 2929 USD, 2926 USD, 2915 USD, 2901 USD, 2889 USD, 2883 USD, 2875 USD, 2863 USD, 2859 USD, 2857 USD, 2853 USD, 2850 USD, 2840 USD, 2839 USD, 2823 USD, 2819 USD, 2808 USD, 2806 USD, 2797 USD, 2793 USD, 2781 USD, 2779 USD, 2775 USD, 2765 USD, 2764 USD, 2763 USD, 2758 USD, 2754 USD, 2752 USD, 2745 USD, 2744 USD, 2734 USD, 2731 USD, 2727 USD, 2710 USD, 2703 USD, 2693 USD, 2681 USD, 2671 USD, 2669 USD, 2668 USD, 2633 USD, 2629 USD, 2626 USD, 2613 USD, 2612 USD, 2603 USD, 2588 USD, 2556 USD, 2541 USD, 2525 USD, 2516 USD, 2482 USD, 2464 USD, 2461 USD, 2450 USD, 2446 USD, 2428 USD, 2411 USD, 2401 USD, 2390 USD, 2386 USD, 2378 USD, 2372 USD, 2338 USD, 2335 USD, 2315 USD, 2311 USD, 2303 USD, 2287 USD, 2270 USD, 2263 USD, 2247 USD, 2243 USD, 2232 USD, 2211 USD, 2205 USD, 2186 USD, 2153 USD, 2119 USD, 1879 USD, 1830 USD, 1758 USD, 1668 USD, 1526 USD, 1503 USD, 1220 USD, 1109 USD, 317 USD, 146 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([1037660 USD, 531955 USD, 379943 USD, 297709 USD, 285029 USD, 212610 USD, 183234 USD, 168783 USD, 155399 USD, 143354 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": "0.00226587831251708843277388361566",
"mir_filed": "1028824 USD",
"mix_bonds": "0.201286582090192176036242096352",
"mix_other": "0.192993338558762397199678179331",
"mix_stock": "0.470420979583929180770607867606",
"payout_rate": "0.051336778950875747625589532435",
"stock_count": "683",
"excise_filed": "11665 USD",
"largest_stock": "1037660 USD",
"mir_difference": "0.2 USD",
"mir_recomputed": "1028823.8 USD",
"mix_government": "0.133033221454599157560697973096",
"payout_coverage": "1.03851020341952438114395094572",
"total_assets_fmv": "21410682 USD",
"excise_difference": "-0.1302 USD",
"excise_recomputed": "11665.1302 USD",
"distributable_filed": "1017159 USD",
"stock_concentration": "0.0201622603589463805998397191157",
"top10_share_of_stock": "0.337139052548869473633627527469",
"net_investment_income": "839218 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "1017159 USD",
"effective_stock_holdings": "49.5976136701498783722940011741",
"net_noncharitable_assets": "20576476 USD",
"qualifying_distributions": "1056330 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.0484645935145830478449962500027",
"largest_stock_halved_share_of_assets": "0.0242322967572915239224981250013"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "1037660",
"name": "FIDELITY #1746 FIDELITY GOVERNMENT CASH RESERVES",
"shareOfAssets": "0.0484645935145830478449962500027"
},
{
"fmv": "531955",
"name": "FIDELITY #6926 EATON VANCE EMERGING AND FRONT COUNT EQ I",
"shareOfAssets": "0.0248453085240348719391563519555"
},
{
"fmv": "379943",
"name": "FIDELITY #1746 VANGUARD BD INDEX FDS SHORT TRM BOND",
"shareOfAssets": "0.017745487976515647656622988469"
},
{
"fmv": "297709",
"name": "FIDELITY #1746 EASTERLY HEDGED EQTY FUND CLASS I",
"shareOfAssets": "0.0139046948621253634050517400613"
},
{
"fmv": "285029",
"name": "FIDELITY #1746 AQR DIVERSIFIED ARBITRAGE CLASS I",
"shareOfAssets": "0.0133124671133782660449583063258"
},
{
"fmv": "212610",
"name": "FIDELITY #6926 NVIDIA CORPORATION COM",
"shareOfAssets": "0.00993009003636595975784423868422"
},
{
"fmv": "183234",
"name": "FIDELITY #6926 APPLE INC",
"shareOfAssets": "0.0085580646146629051797602710647"
},
{
"fmv": "168783",
"name": "FIDELITY #6926 MICROSOFT CORP",
"shareOfAssets": "0.00788312114485657206061908723879"
},
{
"fmv": "155399",
"name": "FIDELITY #6926 BROADCOM INC COM",
"shareOfAssets": "0.00725801261258282197643213793937"
},
{
"fmv": "143354",
"name": "FIDELITY #6926 ALPHABET INC CAP STK CL A",
"shareOfAssets": "0.00669544295693149802514464508884"
}
],
"count": 683,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "436e2fadad63c40d5d83bfe25636d9f05362575f9a7b6949327ada84c8902db4",
"otherInvestments": [
{
"fmv": "993878",
"name": "FIDELITY #1746 BLACKSTONE REAL ESTATE INCOME TRUST INC CL I",
"shareOfAssets": "0.0464197263777024944838282124782"
},
{
"fmv": "851706",
"name": "FIDELITY #1746 AMG PANTHEON FD LLC UNIT CL 1",
"shareOfAssets": "0.039779489509021711685783759714"
},
{
"fmv": "828479",
"name": "FIDELITY #1746 PARTNERS GROUP PRIVATE EQUITY MASTER FD LLC UNIT CL I",
"shareOfAssets": "0.0386946571809342644947040920976"
},
{
"fmv": "530705",
"name": "FIDELITY #1746 BLACKSTONE PRIVATE CREDIT FUND SHS CL I",
"shareOfAssets": "0.0247869264510116959375698541504"
},
{
"fmv": "372107",
"name": "FIDELITY #1746 BLUE OWL REAL ESTATE NET LEASE TRUST COM CL I INV",
"shareOfAssets": "0.017379502437147961937877551028"
}
]
}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.