Sealed proof · filed Form 990-PF
THE THOMAS M AND IRENE KIRBO CHARITABLE FOUNDATION
EIN 59-6197946, 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.
Listed in the IRS register as THOMAS M & IRENE B KIRBO CHARITABLE. 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, for the tax year ended 2025-12-31. The IRS received it on May 4, 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 distributions0.93×
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 rate4.6%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$50M
end of the tax year, Part II
Largest listed stock31.3%
VANGUARD 500 INDEX FD- ADM #540
If that stock halved−15.7%
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 THOMAS M AND IRENE KIRBO CHARITABLE FOUNDATION · 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/3f084a369669 — 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) | $2,378,577 | $2,378,577.2 | recomputes, within the form's whole-dollar rounding (difference −$0.2) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $35,922 | $35,921.7283 | recomputes, within the form's whole-dollar rounding (difference $0.2717) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $2,342,655 | $2,342,655 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Savings and temporary cash investments (line 2) | $1M | 2.1% |
| U.S. and state government obligations (line 10a) | $4.8M | 9.7% |
| Corporate stock (line 10b) | $33.9M | 67.7% |
| Corporate bonds (line 10c) | $4.1M | 8.2% |
| Other investments (line 13) | $6.2M | 12.3% |
The ten largest listed stocks, of 224 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 4.4 equal holdings; the ten largest are 72.9% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| VANGUARD 500 INDEX FD- ADM #540 | $15.7M | 31.3% |
| ISHARES CORE S&P MIDCAP ETF | $2.5M | 4.9% |
| ISHARES S&P 500 VALUE ETF | $1.9M | 3.8% |
| OAKMARK INTERNATIONAL-INST #2886 | $1.5M | 2.9% |
| VANGUARD FTSE DEVELOPED ETF | $1.4M | 2.9% |
| PRINCIPAL PREFERRED SEC-R6 #8200 | $408,202 | 0.8% |
| ACADIAN EMERGING MARKETS EQUITY FUND | $389,902 | 0.8% |
| NVIDIA CORP | $346,890 | 0.7% |
| MICROSOFT | $292,106 | 0.6% |
| AMAZON.COM INC | $284,601 | 0.6% |
Largest other investments (line 13), as listed
| MAGNITUDE INTERNATIONAL-A | $2M | 4.1% |
| NORTH ROCK FUND LIMITED | $1.1M | 2.2% |
| SPF SECURITIZED PRODUCTS FUND LTD | $951,628 | 1.9% |
| ROSE GROVE OFFSHORE FD I LTD | $628,983 | 1.3% |
| TIG ARBITRAGE ENHANCED LTD SER 2 | $584,052 | 1.2% |
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 $2,378,577; recomputed $2,378,577.2; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $35,922; recomputed $35,921.72; 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 $2,342,655; recomputed $2,342,655; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $2,168,211 against a distributable amount of $2,342,655 (0.93×). |
| 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 | 224 listed holdings sum to Part II line 10b exactly; the largest is 31.3% 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 4 May 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) | $35,921 | Projected under the assumptions below |
| December 31, 2027 | Distributable amount for the year ending 31 December 2026, to be paid out | $2,342,655 | 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 $1,902,861, $475,715 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, $47571544; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $2584297.
- 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)
3e6a90ac408c3630…· 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
3f084a369669dc7d0c6b23795a4e8ac8299f9ca2279a82f1d7c105dd59b3499d · recomputed now, matchesreturn Form 990-PF, IRS object
202611249349100401, schema 2025v4.1 — the file as the IRS published it hashes to 63a537cb19ffcf4a…source file
202611249349100401_public.xml inside 2026_TEOS_XML_05A.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 3f084a369669 --fetcharithmetic
kernel@2026-09-15.1 · kernel proof 051d4dfe507e9e7f…rules
b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b · commit bb0c3ac309b9 — 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 = 50035060 USD let mix_savings = share(1044394 USD, total_assets_fmv) let mix_government = share(4837037 USD, total_assets_fmv) let mix_stock = share(33867361 USD, total_assets_fmv) let mix_bonds = share(4093324 USD, total_assets_fmv) let mix_other = share(6178360 USD, total_assets_fmv) let net_noncharitable_assets = 47571544 USD let mir_filed = 2378577 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 2584297 USD let excise_filed = 35922 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 2342655 USD let distributable_recomputed = 2378577 USD - 35922 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 2168211 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 = [15666319 USD, 2463450 USD, 1902268 USD, 1474808 USD, 1449242 USD, 408202 USD, 389902 USD, 346890 USD, 292106 USD, 284601 USD, 268299 USD, 184049 USD, 173050 USD, 154461 USD, 145867 USD, 137559 USD, 128140 USD, 121874 USD, 117852 USD, 108611 USD, 101708 USD, 100919 USD, 99985 USD, 93847 USD, 93351 USD, 91920 USD, 86356 USD, 85171 USD, 82379 USD, 82340 USD, 81747 USD, 81669 USD, 81451 USD, 79820 USD, 78847 USD, 77239 USD, 75992 USD, 72125 USD, 70985 USD, 70960 USD, 69507 USD, 69213 USD, 67935 USD, 67651 USD, 65902 USD, 65885 USD, 63833 USD, 63378 USD, 63153 USD, 62922 USD, 61906 USD, 61700 USD, 61677 USD, 58945 USD, 58854 USD, 58470 USD, 58409 USD, 58290 USD, 58188 USD, 57976 USD, 57478 USD, 57194 USD, 56815 USD, 56553 USD, 56047 USD, 55705 USD, 55690 USD, 55258 USD, 55219 USD, 55109 USD, 54579 USD, 53451 USD, 52852 USD, 52159 USD, 51884 USD, 51769 USD, 50692 USD, 49622 USD, 49555 USD, 48829 USD, 48705 USD, 48580 USD, 48542 USD, 46876 USD, 46037 USD, 46013 USD, 45986 USD, 45742 USD, 44842 USD, 43689 USD, 43621 USD, 43376 USD, 43209 USD, 42906 USD, 41996 USD, 41796 USD, 41303 USD, 41264 USD, 40595 USD, 40473 USD, 40346 USD, 40341 USD, 40042 USD, 39704 USD, 38811 USD, 38807 USD, 38694 USD, 38512 USD, 38499 USD, 38051 USD, 37277 USD, 37140 USD, 36722 USD, 36376 USD, 36173 USD, 35947 USD, 35189 USD, 34952 USD, 34664 USD, 34236 USD, 34089 USD, 33190 USD, 32703 USD, 32228 USD, 31716 USD, 31358 USD, 30996 USD, 30431 USD, 30276 USD, 29554 USD, 29425 USD, 29048 USD, 28684 USD, 28114 USD, 27962 USD, 27274 USD, 26976 USD, 26957 USD, 26886 USD, 26850 USD, 26788 USD, 26673 USD, 26562 USD, 26500 USD, 26205 USD, 25989 USD, 25607 USD, 25372 USD, 25244 USD, 24530 USD, 24146 USD, 23853 USD, 23698 USD, 23328 USD, 23070 USD, 23048 USD, 22816 USD, 22726 USD, 22650 USD, 22546 USD, 22186 USD, 22048 USD, 21898 USD, 21421 USD, 21285 USD, 21173 USD, 21073 USD, 20982 USD, 20882 USD, 20007 USD, 19869 USD, 19642 USD, 19619 USD, 19478 USD, 19110 USD, 19018 USD, 18587 USD, 17437 USD, 17363 USD, 17239 USD, 17080 USD, 16725 USD, 16429 USD, 16337 USD, 16194 USD, 16192 USD, 16116 USD, 15379 USD, 15269 USD, 15259 USD, 15009 USD, 14928 USD, 14729 USD, 14528 USD, 14473 USD, 14234 USD, 14207 USD, 13917 USD, 13905 USD, 13301 USD, 12661 USD, 11813 USD, 11797 USD, 11730 USD, 11473 USD, 11292 USD, 11223 USD, 11015 USD, 10792 USD, 10128 USD, 9195 USD, 9187 USD, 9027 USD, 8841 USD, 7929 USD, 6712 USD, 6466 USD, 6263 USD, 5961 USD, 5738 USD, 5119 USD, 3927 USD, 3532 USD, 2295 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([15666319 USD, 2463450 USD, 1902268 USD, 1474808 USD, 1449242 USD, 408202 USD, 389902 USD, 346890 USD, 292106 USD, 284601 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": "1044394",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0208732436815305108058229569426"
},
{
"fmv": "4837037",
"line": "government",
"label": "U.S. and state government obligations (line 10a)",
"share": "0.0966729529254087034171638846841"
},
{
"fmv": "33867361",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.676872596935029157554722628493"
},
{
"fmv": "4093324",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.0818091154482476887206690668503"
},
{
"fmv": "6178360",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.123480615392486788264069234653"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "bb0c3ac309b908a3322a65d096f5a7ca733df4c2",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "596197946",
"name": "THE THOMAS M AND IRENE KIRBO CHARITABLE FOUNDATION"
},
"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": "2378577",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "-0.2",
"recomputed": "2378577.2"
},
{
"id": "excise_tax",
"note": null,
"filed": "35922",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "0.2717",
"recomputed": "35921.7283"
},
{
"id": "distributable_amount",
"note": null,
"filed": "2342655",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "2342655"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "2584297",
"grossInvestmentIncome": "2859243",
"netNoncharitableAssets": "47571544",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2025-12-31",
"days": 365,
"begin": "2025-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202611249349100401",
"returnTs": "2026-05-04T02:34:50-05:00",
"operating": false,
"sourceSha256": "63a537cb19ffcf4ad118c0e293a99f4816434673349cf47a5cc797f1477af3f4",
"returnVersion": "2025v4.1",
"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 = 50035060 USD\nlet mix_savings = share(1044394 USD, total_assets_fmv)\nlet mix_government = share(4837037 USD, total_assets_fmv)\nlet mix_stock = share(33867361 USD, total_assets_fmv)\nlet mix_bonds = share(4093324 USD, total_assets_fmv)\nlet mix_other = share(6178360 USD, total_assets_fmv)\nlet net_noncharitable_assets = 47571544 USD\nlet mir_filed = 2378577 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 2584297 USD\nlet excise_filed = 35922 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 2342655 USD\nlet distributable_recomputed = 2378577 USD - 35922 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 2168211 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 = [15666319 USD, 2463450 USD, 1902268 USD, 1474808 USD, 1449242 USD, 408202 USD, 389902 USD, 346890 USD, 292106 USD, 284601 USD, 268299 USD, 184049 USD, 173050 USD, 154461 USD, 145867 USD, 137559 USD, 128140 USD, 121874 USD, 117852 USD, 108611 USD, 101708 USD, 100919 USD, 99985 USD, 93847 USD, 93351 USD, 91920 USD, 86356 USD, 85171 USD, 82379 USD, 82340 USD, 81747 USD, 81669 USD, 81451 USD, 79820 USD, 78847 USD, 77239 USD, 75992 USD, 72125 USD, 70985 USD, 70960 USD, 69507 USD, 69213 USD, 67935 USD, 67651 USD, 65902 USD, 65885 USD, 63833 USD, 63378 USD, 63153 USD, 62922 USD, 61906 USD, 61700 USD, 61677 USD, 58945 USD, 58854 USD, 58470 USD, 58409 USD, 58290 USD, 58188 USD, 57976 USD, 57478 USD, 57194 USD, 56815 USD, 56553 USD, 56047 USD, 55705 USD, 55690 USD, 55258 USD, 55219 USD, 55109 USD, 54579 USD, 53451 USD, 52852 USD, 52159 USD, 51884 USD, 51769 USD, 50692 USD, 49622 USD, 49555 USD, 48829 USD, 48705 USD, 48580 USD, 48542 USD, 46876 USD, 46037 USD, 46013 USD, 45986 USD, 45742 USD, 44842 USD, 43689 USD, 43621 USD, 43376 USD, 43209 USD, 42906 USD, 41996 USD, 41796 USD, 41303 USD, 41264 USD, 40595 USD, 40473 USD, 40346 USD, 40341 USD, 40042 USD, 39704 USD, 38811 USD, 38807 USD, 38694 USD, 38512 USD, 38499 USD, 38051 USD, 37277 USD, 37140 USD, 36722 USD, 36376 USD, 36173 USD, 35947 USD, 35189 USD, 34952 USD, 34664 USD, 34236 USD, 34089 USD, 33190 USD, 32703 USD, 32228 USD, 31716 USD, 31358 USD, 30996 USD, 30431 USD, 30276 USD, 29554 USD, 29425 USD, 29048 USD, 28684 USD, 28114 USD, 27962 USD, 27274 USD, 26976 USD, 26957 USD, 26886 USD, 26850 USD, 26788 USD, 26673 USD, 26562 USD, 26500 USD, 26205 USD, 25989 USD, 25607 USD, 25372 USD, 25244 USD, 24530 USD, 24146 USD, 23853 USD, 23698 USD, 23328 USD, 23070 USD, 23048 USD, 22816 USD, 22726 USD, 22650 USD, 22546 USD, 22186 USD, 22048 USD, 21898 USD, 21421 USD, 21285 USD, 21173 USD, 21073 USD, 20982 USD, 20882 USD, 20007 USD, 19869 USD, 19642 USD, 19619 USD, 19478 USD, 19110 USD, 19018 USD, 18587 USD, 17437 USD, 17363 USD, 17239 USD, 17080 USD, 16725 USD, 16429 USD, 16337 USD, 16194 USD, 16192 USD, 16116 USD, 15379 USD, 15269 USD, 15259 USD, 15009 USD, 14928 USD, 14729 USD, 14528 USD, 14473 USD, 14234 USD, 14207 USD, 13917 USD, 13905 USD, 13301 USD, 12661 USD, 11813 USD, 11797 USD, 11730 USD, 11473 USD, 11292 USD, 11223 USD, 11015 USD, 10792 USD, 10128 USD, 9195 USD, 9187 USD, 9027 USD, 8841 USD, 7929 USD, 6712 USD, 6466 USD, 6263 USD, 5961 USD, 5738 USD, 5119 USD, 3927 USD, 3532 USD, 2295 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([15666319 USD, 2463450 USD, 1902268 USD, 1474808 USD, 1449242 USD, 408202 USD, 389902 USD, 346890 USD, 292106 USD, 284601 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": {
"mir_filed": "2378577 USD",
"mix_bonds": "0.0818091154482476887206690668503",
"mix_other": "0.123480615392486788264069234653",
"mix_stock": "0.676872596935029157554722628493",
"mix_savings": "0.0208732436815305108058229569426",
"payout_rate": "0.0455778984175918275849949289012",
"stock_count": "224",
"excise_filed": "35922 USD",
"largest_stock": "15666319 USD",
"mir_difference": "-0.2 USD",
"mir_recomputed": "2378577.2 USD",
"mix_government": "0.0966729529254087034171638846841",
"payout_coverage": "0.925535770311889714874789501655",
"total_assets_fmv": "50035060 USD",
"excise_difference": "0.2717 USD",
"excise_recomputed": "35921.7283 USD",
"distributable_filed": "2342655 USD",
"stock_concentration": "0.227246860479851798005556994691",
"top10_share_of_stock": "0.728659903557292225987138472348",
"net_investment_income": "2584297 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "2342655 USD",
"effective_stock_holdings": "4.40050083811240234829560790092",
"net_noncharitable_assets": "47571544 USD",
"qualifying_distributions": "2168211 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.313106829491160798048408455991",
"largest_stock_halved_share_of_assets": "0.156553414745580399024204227995"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "15666319",
"name": "VANGUARD 500 INDEX FD- ADM #540",
"shareOfAssets": "0.313106829491160798048408455991"
},
{
"fmv": "2463450",
"name": "ISHARES CORE S&P MIDCAP ETF",
"shareOfAssets": "0.0492344767848784432356031950396"
},
{
"fmv": "1902268",
"name": "ISHARES S&P 500 VALUE ETF",
"shareOfAssets": "0.0380187012866577955537577050972"
},
{
"fmv": "1474808",
"name": "OAKMARK INTERNATIONAL-INST #2886",
"shareOfAssets": "0.0294754917851602456357602049443"
},
{
"fmv": "1449242",
"name": "VANGUARD FTSE DEVELOPED ETF",
"shareOfAssets": "0.0289645300715138544852349532508"
},
{
"fmv": "408202",
"name": "PRINCIPAL PREFERRED SEC-R6 #8200",
"shareOfAssets": "0.00815831938644622390779585354749"
},
{
"fmv": "389902",
"name": "ACADIAN EMERGING MARKETS EQUITY FUND",
"shareOfAssets": "0.00779257584581691318047784893233"
},
{
"fmv": "346890",
"name": "NVIDIA CORP",
"shareOfAssets": "0.00693293862343724580324276617236"
},
{
"fmv": "292106",
"name": "MICROSOFT",
"shareOfAssets": "0.00583802637590521526305754405011"
},
{
"fmv": "284601",
"name": "AMAZON.COM INC",
"shareOfAssets": "0.00568803155227554438827494161094"
}
],
"count": 224,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "051d4dfe507e9e7ffd1ef3d605878fec582bbf078660909eea2f4c38ac5c4a7e",
"otherInvestments": [
{
"fmv": "2047657",
"name": "MAGNITUDE INTERNATIONAL-A",
"shareOfAssets": "0.040924443780021448959989255534"
},
{
"fmv": "1108864",
"name": "NORTH ROCK FUND LIMITED",
"shareOfAssets": "0.0221617401877803284337022879557"
},
{
"fmv": "951628",
"name": "SPF SECURITIZED PRODUCTS FUND LTD",
"shareOfAssets": "0.0190192237203273064926873276459"
},
{
"fmv": "628983",
"name": "ROSE GROVE OFFSHORE FD I LTD",
"shareOfAssets": "0.0125708453232593305574131419049"
},
{
"fmv": "584052",
"name": "TIG ARBITRAGE ENHANCED LTD SER 2",
"shareOfAssets": "0.011672854994078152399537444344"
}
]
}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.