Sealed proof · filed Form 990-PF
ATKINSON FOUNDATION C/O PACIFIC FOUNDATION SERVICES
EIN 94-6075613, 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 ATKINSON FOUNDATION. 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 6, 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 distributions1.57×
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$29.3M
end of the tax year, Part II
Largest listed stock2.6%
AMAZON.COM INC - AMZN
If that stock halved−1.3%
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
ATKINSON FOUNDATION C/O PACIFIC FOUNDATION SERVICES · 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/31f9f3295367 — 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) | $1,422,621 | $1,422,621.2 | recomputes, within the form's whole-dollar rounding (difference −$0.2) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $38,368 | $38,367.753 | recomputes, within the form's whole-dollar rounding (difference $0.247) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $1,384,253 | $1,384,253 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $95,844 | 0.3% |
| Savings and temporary cash investments (line 2) | $1.2M | 4.0% |
| Corporate stock (line 10b) | $22.4M | 76.3% |
| Corporate bonds (line 10c) | $5.7M | 19.4% |
The ten largest listed stocks, of 104 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 60.8 equal holdings; the ten largest are 28.8% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| AMAZON.COM INC - AMZN | $767,207 | 2.6% |
| FISERV INC - FI | $745,469 | 2.5% |
| TAIWAN SEMICONDUCTOR M - TSM | $722,023 | 2.5% |
| VISA INC - V | $691,496 | 2.4% |
| ULTA BEAUTY INC - ULTA | $662,398 | 2.3% |
| ALPHABET INC - GOOGL | $622,986 | 2.1% |
| MASTERCARD INC - MA | $616,087 | 2.1% |
| META PLATFORMS INC - META | $612,443 | 2.1% |
| NINTENDO LTD - NTDOY | $500,756 | 1.7% |
| CHARLES SCHWAB CORP - SCHW | $495,645 | 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 $1,422,621; recomputed $1,422,621.2; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $38,368; recomputed $38,367.75; 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 $1,384,253; recomputed $1,384,253; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $2,170,908 against a distributable amount of $1,384,253 (1.57×). |
| 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 | 104 listed holdings sum to Part II line 10b exactly; the largest is 2.6% 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 6 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. | $38,367 | Projected under the assumptions below |
| December 31, 2026 | Distributable amount for the year ending 31 December 2025, to be paid out | $1,384,253 | 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 $1,138,096, $284,524 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, $28452424; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $2760270.
- 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)
8fedc86c9b34e634…· 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
31f9f32953671b53c0bd65bd439d7995669b72ee5a0d249f05690be1d49d3a10 · recomputed now, matchesreturn Form 990-PF, IRS object
202523109349101772, schema 2024v5.2 — the file as the IRS published it hashes to 49bb428eadf506c2…source file
202523109349101772_public.xml inside 2025_TEOS_XML_11C.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 31f9f3295367 --fetcharithmetic
kernel@2026-09-15.1 · kernel proof a054d4c11376fd5b…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 = 29323025 USD let mix_cash = share(95844 USD, total_assets_fmv) let mix_savings = share(1185826 USD, total_assets_fmv) let mix_stock = share(22363489 USD, total_assets_fmv) let mix_bonds = share(5675906 USD, total_assets_fmv) let net_noncharitable_assets = 28452424 USD let mir_filed = 1422621 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 2760270 USD let excise_filed = 38368 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 1384253 USD let distributable_recomputed = 1422621 USD - 38368 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 2170908 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 = [767207 USD, 745469 USD, 722023 USD, 691496 USD, 662398 USD, 622986 USD, 616087 USD, 612443 USD, 500756 USD, 495645 USD, 466205 USD, 460921 USD, 436659 USD, 431382 USD, 417226 USD, 412898 USD, 397840 USD, 390704 USD, 380040 USD, 355746 USD, 352499 USD, 351200 USD, 311649 USD, 311144 USD, 309463 USD, 306614 USD, 275204 USD, 274911 USD, 257094 USD, 248851 USD, 248508 USD, 246152 USD, 242363 USD, 241329 USD, 238173 USD, 236023 USD, 228833 USD, 221688 USD, 218442 USD, 217404 USD, 209558 USD, 207060 USD, 202005 USD, 200033 USD, 198737 USD, 184835 USD, 177694 USD, 169100 USD, 168717 USD, 158781 USD, 157471 USD, 154511 USD, 146378 USD, 145203 USD, 143418 USD, 139112 USD, 137769 USD, 136955 USD, 135280 USD, 129397 USD, 127162 USD, 122868 USD, 120433 USD, 114270 USD, 111505 USD, 110802 USD, 106850 USD, 103600 USD, 96805 USD, 96228 USD, 94650 USD, 89153 USD, 87579 USD, 85998 USD, 84827 USD, 83712 USD, 81697 USD, 78312 USD, 77504 USD, 76857 USD, 69173 USD, 68610 USD, 67872 USD, 62444 USD, 61571 USD, 61344 USD, 60559 USD, 58753 USD, 57942 USD, 55256 USD, 52945 USD, 51986 USD, 48534 USD, 47366 USD, 46956 USD, 45480 USD, 45000 USD, 43934 USD, 41398 USD, 34125 USD, 32651 USD, 28569 USD, 22488 USD, 22032 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([767207 USD, 745469 USD, 722023 USD, 691496 USD, 662398 USD, 622986 USD, 616087 USD, 612443 USD, 500756 USD, 495645 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": "95844",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.00326855772895190724695013560163"
},
{
"fmv": "1185826",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.04044009784120158135117369371"
},
{
"fmv": "22363489",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.76265968466759483375265682855"
},
{
"fmv": "5675906",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.193564818090902967889568010122"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "946075613",
"name": "ATKINSON FOUNDATION C/O PACIFIC FOUNDATION SERVICES"
},
"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": "1422621",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "-0.2",
"recomputed": "1422621.2"
},
{
"id": "excise_tax",
"note": null,
"filed": "38368",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "0.247",
"recomputed": "38367.753"
},
{
"id": "distributable_amount",
"note": null,
"filed": "1384253",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "1384253"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "2760270",
"grossInvestmentIncome": "2919752",
"netNoncharitableAssets": "28452424",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2024-12-31",
"days": 366,
"begin": "2024-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202523109349101772",
"returnTs": "2025-11-06T15:43:18-06:00",
"operating": false,
"sourceSha256": "49bb428eadf506c26ac709f5406ab6129f8388a1937631cdc2c224cfa64a3e33",
"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 = 29323025 USD\nlet mix_cash = share(95844 USD, total_assets_fmv)\nlet mix_savings = share(1185826 USD, total_assets_fmv)\nlet mix_stock = share(22363489 USD, total_assets_fmv)\nlet mix_bonds = share(5675906 USD, total_assets_fmv)\nlet net_noncharitable_assets = 28452424 USD\nlet mir_filed = 1422621 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 2760270 USD\nlet excise_filed = 38368 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 1384253 USD\nlet distributable_recomputed = 1422621 USD - 38368 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 2170908 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 = [767207 USD, 745469 USD, 722023 USD, 691496 USD, 662398 USD, 622986 USD, 616087 USD, 612443 USD, 500756 USD, 495645 USD, 466205 USD, 460921 USD, 436659 USD, 431382 USD, 417226 USD, 412898 USD, 397840 USD, 390704 USD, 380040 USD, 355746 USD, 352499 USD, 351200 USD, 311649 USD, 311144 USD, 309463 USD, 306614 USD, 275204 USD, 274911 USD, 257094 USD, 248851 USD, 248508 USD, 246152 USD, 242363 USD, 241329 USD, 238173 USD, 236023 USD, 228833 USD, 221688 USD, 218442 USD, 217404 USD, 209558 USD, 207060 USD, 202005 USD, 200033 USD, 198737 USD, 184835 USD, 177694 USD, 169100 USD, 168717 USD, 158781 USD, 157471 USD, 154511 USD, 146378 USD, 145203 USD, 143418 USD, 139112 USD, 137769 USD, 136955 USD, 135280 USD, 129397 USD, 127162 USD, 122868 USD, 120433 USD, 114270 USD, 111505 USD, 110802 USD, 106850 USD, 103600 USD, 96805 USD, 96228 USD, 94650 USD, 89153 USD, 87579 USD, 85998 USD, 84827 USD, 83712 USD, 81697 USD, 78312 USD, 77504 USD, 76857 USD, 69173 USD, 68610 USD, 67872 USD, 62444 USD, 61571 USD, 61344 USD, 60559 USD, 58753 USD, 57942 USD, 55256 USD, 52945 USD, 51986 USD, 48534 USD, 47366 USD, 46956 USD, 45480 USD, 45000 USD, 43934 USD, 41398 USD, 34125 USD, 32651 USD, 28569 USD, 22488 USD, 22032 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([767207 USD, 745469 USD, 722023 USD, 691496 USD, 662398 USD, 622986 USD, 616087 USD, 612443 USD, 500756 USD, 495645 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": "0.00326855772895190724695013560163",
"mir_filed": "1422621 USD",
"mix_bonds": "0.193564818090902967889568010122",
"mix_stock": "0.76265968466759483375265682855",
"mix_savings": "0.04044009784120158135117369371",
"payout_rate": "0.0762995799584597783303102751456",
"stock_count": "104",
"excise_filed": "38368 USD",
"largest_stock": "767207 USD",
"mir_difference": "-0.2 USD",
"mir_recomputed": "1422621.2 USD",
"payout_coverage": "1.56828845593977401529922636975",
"total_assets_fmv": "29323025 USD",
"excise_difference": "0.247 USD",
"excise_recomputed": "38367.753 USD",
"distributable_filed": "1384253 USD",
"stock_concentration": "0.0164580266574477721926837473376",
"top10_share_of_stock": "0.287813319290205566761072031292",
"net_investment_income": "2760270 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "1384253 USD",
"effective_stock_holdings": "60.7606258522779035825260019059",
"net_noncharitable_assets": "28452424 USD",
"qualifying_distributions": "2170908 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.026163978648178351312663001174",
"largest_stock_halved_share_of_assets": "0.013081989324089175656331500587"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "767207",
"name": "AMAZON.COM INC - AMZN",
"shareOfAssets": "0.026163978648178351312663001174"
},
{
"fmv": "745469",
"name": "FISERV INC - FI",
"shareOfAssets": "0.0254226499482914876619994014942"
},
{
"fmv": "722023",
"name": "TAIWAN SEMICONDUCTOR M - TSM",
"shareOfAssets": "0.0246230735062293197922110696287"
},
{
"fmv": "691496",
"name": "VISA INC - V",
"shareOfAssets": "0.0235820144749731652856415734734"
},
{
"fmv": "662398",
"name": "ULTA BEAUTY INC - ULTA",
"shareOfAssets": "0.0225896884785931874354709311198"
},
{
"fmv": "622986",
"name": "ALPHABET INC - GOOGL",
"shareOfAssets": "0.0212456252381873971051758814106"
},
{
"fmv": "616087",
"name": "MASTERCARD INC - MA",
"shareOfAssets": "0.0210103493756186478032194836651"
},
{
"fmv": "612443",
"name": "META PLATFORMS INC - META",
"shareOfAssets": "0.0208860784315397200663983337326"
},
{
"fmv": "500756",
"name": "NINTENDO LTD - NTDOY",
"shareOfAssets": "0.0170772285601502573489604159189"
},
{
"fmv": "495645",
"name": "CHARLES SCHWAB CORP - SCHW",
"shareOfAssets": "0.0169029286712404330726451312578"
}
],
"count": 104,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "a054d4c11376fd5b5b913ada598c1f52c977c79c08ddbe8247f978468b2719eb",
"otherInvestments": []
}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.