Sealed proof · filed Form 990-PF
MILLER FOUNDATION
EIN 38-6064925, 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 THE MILLER 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 17, 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 distributions0.99×
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 rate4.9%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$23.3M
end of the tax year, Part II
Largest listed stock0.5%
TAIWAN SMCNDCTR MFG CO LTD ADR
If that stock halved−0.2%
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
MILLER FOUNDATION · 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/440998daa4cf — 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) | $1,046,410 | $1,046,409.8 | recomputes, within the form's whole-dollar rounding (difference $0.2) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $11,497 | $11,497.246 | recomputes, within the form's whole-dollar rounding (difference −$0.246) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $1,034,913 | $1,034,913 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $325 | <0.1% |
| Savings and temporary cash investments (line 2) | $1.1M | 4.6% |
| U.S. and state government obligations (line 10a) | $504,915 | 2.2% |
| Corporate stock (line 10b) | $5.4M | 23.0% |
| Other investments (line 13) | $14.5M | 62.3% |
The ten largest listed stocks, of 268 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 168.2 equal holdings; the ten largest are 12.8% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| TAIWAN SMCNDCTR MFG CO LTD ADR | $111,582 | 0.5% |
| NVIDIA CORPORATION | $87,960 | 0.4% |
| MICROSOFT CORP | $87,672 | 0.4% |
| APPLE INC | $64,859 | 0.3% |
| ARISTA NETWORKS INC | $59,244 | 0.3% |
| SERVICENOW INC | $56,310 | 0.2% |
| COSTCO WHOLESALE CORP NEW | $55,757 | 0.2% |
| VISA INC CL A | $55,307 | 0.2% |
| META PLATFORMS INC CL A | $54,800 | 0.2% |
| PROSUS N V SPONSORED ADR | $52,552 | 0.2% |
Largest other investments (line 13), as listed
| VANGUARD GROWTH ETF | $1.8M | 7.7% |
| VANGUARD FTSE DEVELOPED MKTS E | $1.3M | 5.5% |
| INVESCO S&P 500 EQUAL WEIGHT E | $1.1M | 4.6% |
| BLACKROCK STRATEGIC INC OPP I | $756,477 | 3.2% |
| CAUSEWAY EMERGING MKTS INST | $668,225 | 2.9% |
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 $1,046,410; recomputed $1,046,409.8; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $11,497; recomputed $11,497.24; 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 $1,034,913; recomputed $1,034,913; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $1,021,610 against a distributable amount of $1,034,913 (0.99×). |
| 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 | 268 listed holdings sum to Part II line 10b exactly; the largest is 0.5% 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 17 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. | $11,497 | Projected under the assumptions below |
| December 31, 2026 | Distributable amount for the year ending 31 December 2025, to be paid out | $1,034,912 | 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 $837,127, $209,281 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, $20928196; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $827140.
- 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)
9ae5ce005b235c69…· 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
440998daa4cfc66ee93c260bfbdde6f79fcc7fbeb6ce6f7e63816e857b69a7bd · recomputed now, matchesreturn Form 990-PF, IRS object
202513219349103786, schema 2024v5.2 — the file as the IRS published it hashes to 2fb9de7c9c7fd2c5…source file
202513219349103786_public.xml inside 2025_TEOS_XML_11D.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 440998daa4cf --fetcharithmetic
kernel@2026-09-15.1 · kernel proof 688db522e3a6ab0f…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 = 23343809 USD let mix_cash = share(325 USD, total_assets_fmv) let mix_savings = share(1062942 USD, total_assets_fmv) let mix_government = share(504915 USD, total_assets_fmv) let mix_stock = share(5363701 USD, total_assets_fmv) let mix_other = share(14535570 USD, total_assets_fmv) let net_noncharitable_assets = 20928196 USD let mir_filed = 1046410 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 827140 USD let excise_filed = 11497 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 1034913 USD let distributable_recomputed = 1046410 USD - 11497 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 1021610 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 = [111582 USD, 87960 USD, 87672 USD, 64859 USD, 59244 USD, 56310 USD, 55757 USD, 55307 USD, 54800 USD, 52552 USD, 51591 USD, 51440 USD, 50020 USD, 49326 USD, 48822 USD, 46945 USD, 46631 USD, 46236 USD, 43250 USD, 42451 USD, 42243 USD, 42159 USD, 41732 USD, 41301 USD, 39468 USD, 39254 USD, 38960 USD, 38360 USD, 37556 USD, 37535 USD, 37479 USD, 37350 USD, 36998 USD, 36535 USD, 36320 USD, 36145 USD, 36016 USD, 35697 USD, 35577 USD, 34698 USD, 34679 USD, 34333 USD, 34102 USD, 33567 USD, 33375 USD, 33294 USD, 33110 USD, 32995 USD, 32791 USD, 32493 USD, 32357 USD, 32187 USD, 31926 USD, 31801 USD, 31325 USD, 30456 USD, 30328 USD, 30263 USD, 29980 USD, 29852 USD, 29617 USD, 29591 USD, 28928 USD, 28922 USD, 28733 USD, 28569 USD, 28457 USD, 27950 USD, 27903 USD, 27890 USD, 27804 USD, 27202 USD, 26993 USD, 26341 USD, 26229 USD, 25017 USD, 24997 USD, 24767 USD, 24175 USD, 24108 USD, 23446 USD, 23145 USD, 22999 USD, 22983 USD, 22784 USD, 22710 USD, 22239 USD, 21719 USD, 21528 USD, 21437 USD, 21318 USD, 21210 USD, 21030 USD, 20929 USD, 20476 USD, 20369 USD, 20154 USD, 19984 USD, 19838 USD, 19744 USD, 19578 USD, 19527 USD, 19522 USD, 19424 USD, 19423 USD, 19071 USD, 18858 USD, 18769 USD, 18769 USD, 18761 USD, 18593 USD, 18567 USD, 18457 USD, 18437 USD, 18138 USD, 18126 USD, 17969 USD, 17925 USD, 17789 USD, 17698 USD, 17452 USD, 17386 USD, 17358 USD, 17294 USD, 17166 USD, 17033 USD, 16831 USD, 16587 USD, 16552 USD, 16457 USD, 16346 USD, 16028 USD, 15936 USD, 15882 USD, 15760 USD, 15644 USD, 15291 USD, 15096 USD, 15026 USD, 14995 USD, 14912 USD, 14740 USD, 14732 USD, 14685 USD, 14636 USD, 14607 USD, 14598 USD, 14283 USD, 13818 USD, 13643 USD, 13635 USD, 13567 USD, 12846 USD, 12622 USD, 12542 USD, 12531 USD, 12371 USD, 12338 USD, 11948 USD, 11912 USD, 11851 USD, 11795 USD, 11624 USD, 11615 USD, 11604 USD, 11583 USD, 11570 USD, 11524 USD, 11439 USD, 11364 USD, 11302 USD, 11262 USD, 11254 USD, 11239 USD, 11116 USD, 11059 USD, 11021 USD, 10939 USD, 10882 USD, 10825 USD, 10793 USD, 10772 USD, 10710 USD, 10567 USD, 10524 USD, 10509 USD, 10423 USD, 10387 USD, 10373 USD, 10366 USD, 10348 USD, 10279 USD, 10189 USD, 9938 USD, 9836 USD, 9759 USD, 9710 USD, 9662 USD, 9619 USD, 9493 USD, 9490 USD, 9476 USD, 9315 USD, 9309 USD, 9081 USD, 9038 USD, 8845 USD, 8835 USD, 8795 USD, 8583 USD, 8248 USD, 7948 USD, 7799 USD, 7736 USD, 7699 USD, 7590 USD, 7559 USD, 7423 USD, 7416 USD, 7407 USD, 7070 USD, 7066 USD, 7034 USD, 6945 USD, 6921 USD, 6888 USD, 6772 USD, 6510 USD, 6507 USD, 6443 USD, 6421 USD, 6192 USD, 6175 USD, 6165 USD, 6162 USD, 5810 USD, 5724 USD, 5678 USD, 5511 USD, 5333 USD, 5302 USD, 5221 USD, 5221 USD, 5216 USD, 5150 USD, 5065 USD, 5052 USD, 5003 USD, 4975 USD, 4933 USD, 4900 USD, 4859 USD, 4834 USD, 4652 USD, 4638 USD, 4575 USD, 4458 USD, 4454 USD, 4419 USD, 4401 USD, 4165 USD, 4033 USD, 3859 USD, 3795 USD, 3448 USD, 3129 USD, 2070 USD, 1756 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([111582 USD, 87960 USD, 87672 USD, 64859 USD, 59244 USD, 56310 USD, 55757 USD, 55307 USD, 54800 USD, 52552 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": "325",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.0000139223209031568070146564341749"
},
{
"fmv": "1062942",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0455342142321332392669936598607"
},
{
"fmv": "504915",
"line": "government",
"label": "U.S. and state government obligations (line 10a)",
"share": "0.0216295035655920591194007798813"
},
{
"fmv": "5363701",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.229769743232563289050214555816"
},
{
"fmv": "14535570",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.622673446308612274886244999691"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "386064925",
"name": "MILLER 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": "1046410",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "0.2",
"recomputed": "1046409.8"
},
{
"id": "excise_tax",
"note": null,
"filed": "11497",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "-0.246",
"recomputed": "11497.246"
},
{
"id": "distributable_amount",
"note": null,
"filed": "1034913",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "1034913"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "827140",
"grossInvestmentIncome": "951712",
"netNoncharitableAssets": "20928196",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2024-12-31",
"days": 366,
"begin": "2024-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202513219349103786",
"returnTs": "2025-11-17T12:17:38-06:00",
"operating": false,
"sourceSha256": "2fb9de7c9c7fd2c5f3af69ea009075a509a11adb0b1c84c3391e4e7b00f12013",
"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 = 23343809 USD\nlet mix_cash = share(325 USD, total_assets_fmv)\nlet mix_savings = share(1062942 USD, total_assets_fmv)\nlet mix_government = share(504915 USD, total_assets_fmv)\nlet mix_stock = share(5363701 USD, total_assets_fmv)\nlet mix_other = share(14535570 USD, total_assets_fmv)\nlet net_noncharitable_assets = 20928196 USD\nlet mir_filed = 1046410 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 827140 USD\nlet excise_filed = 11497 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 1034913 USD\nlet distributable_recomputed = 1046410 USD - 11497 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 1021610 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 = [111582 USD, 87960 USD, 87672 USD, 64859 USD, 59244 USD, 56310 USD, 55757 USD, 55307 USD, 54800 USD, 52552 USD, 51591 USD, 51440 USD, 50020 USD, 49326 USD, 48822 USD, 46945 USD, 46631 USD, 46236 USD, 43250 USD, 42451 USD, 42243 USD, 42159 USD, 41732 USD, 41301 USD, 39468 USD, 39254 USD, 38960 USD, 38360 USD, 37556 USD, 37535 USD, 37479 USD, 37350 USD, 36998 USD, 36535 USD, 36320 USD, 36145 USD, 36016 USD, 35697 USD, 35577 USD, 34698 USD, 34679 USD, 34333 USD, 34102 USD, 33567 USD, 33375 USD, 33294 USD, 33110 USD, 32995 USD, 32791 USD, 32493 USD, 32357 USD, 32187 USD, 31926 USD, 31801 USD, 31325 USD, 30456 USD, 30328 USD, 30263 USD, 29980 USD, 29852 USD, 29617 USD, 29591 USD, 28928 USD, 28922 USD, 28733 USD, 28569 USD, 28457 USD, 27950 USD, 27903 USD, 27890 USD, 27804 USD, 27202 USD, 26993 USD, 26341 USD, 26229 USD, 25017 USD, 24997 USD, 24767 USD, 24175 USD, 24108 USD, 23446 USD, 23145 USD, 22999 USD, 22983 USD, 22784 USD, 22710 USD, 22239 USD, 21719 USD, 21528 USD, 21437 USD, 21318 USD, 21210 USD, 21030 USD, 20929 USD, 20476 USD, 20369 USD, 20154 USD, 19984 USD, 19838 USD, 19744 USD, 19578 USD, 19527 USD, 19522 USD, 19424 USD, 19423 USD, 19071 USD, 18858 USD, 18769 USD, 18769 USD, 18761 USD, 18593 USD, 18567 USD, 18457 USD, 18437 USD, 18138 USD, 18126 USD, 17969 USD, 17925 USD, 17789 USD, 17698 USD, 17452 USD, 17386 USD, 17358 USD, 17294 USD, 17166 USD, 17033 USD, 16831 USD, 16587 USD, 16552 USD, 16457 USD, 16346 USD, 16028 USD, 15936 USD, 15882 USD, 15760 USD, 15644 USD, 15291 USD, 15096 USD, 15026 USD, 14995 USD, 14912 USD, 14740 USD, 14732 USD, 14685 USD, 14636 USD, 14607 USD, 14598 USD, 14283 USD, 13818 USD, 13643 USD, 13635 USD, 13567 USD, 12846 USD, 12622 USD, 12542 USD, 12531 USD, 12371 USD, 12338 USD, 11948 USD, 11912 USD, 11851 USD, 11795 USD, 11624 USD, 11615 USD, 11604 USD, 11583 USD, 11570 USD, 11524 USD, 11439 USD, 11364 USD, 11302 USD, 11262 USD, 11254 USD, 11239 USD, 11116 USD, 11059 USD, 11021 USD, 10939 USD, 10882 USD, 10825 USD, 10793 USD, 10772 USD, 10710 USD, 10567 USD, 10524 USD, 10509 USD, 10423 USD, 10387 USD, 10373 USD, 10366 USD, 10348 USD, 10279 USD, 10189 USD, 9938 USD, 9836 USD, 9759 USD, 9710 USD, 9662 USD, 9619 USD, 9493 USD, 9490 USD, 9476 USD, 9315 USD, 9309 USD, 9081 USD, 9038 USD, 8845 USD, 8835 USD, 8795 USD, 8583 USD, 8248 USD, 7948 USD, 7799 USD, 7736 USD, 7699 USD, 7590 USD, 7559 USD, 7423 USD, 7416 USD, 7407 USD, 7070 USD, 7066 USD, 7034 USD, 6945 USD, 6921 USD, 6888 USD, 6772 USD, 6510 USD, 6507 USD, 6443 USD, 6421 USD, 6192 USD, 6175 USD, 6165 USD, 6162 USD, 5810 USD, 5724 USD, 5678 USD, 5511 USD, 5333 USD, 5302 USD, 5221 USD, 5221 USD, 5216 USD, 5150 USD, 5065 USD, 5052 USD, 5003 USD, 4975 USD, 4933 USD, 4900 USD, 4859 USD, 4834 USD, 4652 USD, 4638 USD, 4575 USD, 4458 USD, 4454 USD, 4419 USD, 4401 USD, 4165 USD, 4033 USD, 3859 USD, 3795 USD, 3448 USD, 3129 USD, 2070 USD, 1756 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([111582 USD, 87960 USD, 87672 USD, 64859 USD, 59244 USD, 56310 USD, 55757 USD, 55307 USD, 54800 USD, 52552 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": "0.0000139223209031568070146564341749",
"mir_filed": "1046410 USD",
"mix_other": "0.622673446308612274886244999691",
"mix_stock": "0.229769743232563289050214555816",
"mix_savings": "0.0455342142321332392669936598607",
"payout_rate": "0.048815005364055267831016108603",
"stock_count": "268",
"excise_filed": "11497 USD",
"largest_stock": "111582 USD",
"mir_difference": "0.2 USD",
"mir_recomputed": "1046409.8 USD",
"mix_government": "0.0216295035655920591194007798813",
"payout_coverage": "0.987145779403679343094540314017",
"total_assets_fmv": "23343809 USD",
"excise_difference": "-0.246 USD",
"excise_recomputed": "11497.246 USD",
"distributable_filed": "1034913 USD",
"stock_concentration": "0.00594597023420065447133806797753",
"top10_share_of_stock": "0.12790478067289731474591890935",
"net_investment_income": "827140 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "1034913 USD",
"effective_stock_holdings": "168.18113118832907094441528851",
"net_noncharitable_assets": "20928196 USD",
"qualifying_distributions": "1021610 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.00477993972620320873941352073263",
"largest_stock_halved_share_of_assets": "0.00238996986310160436970676036631"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "111582",
"name": "TAIWAN SMCNDCTR MFG CO LTD ADR",
"shareOfAssets": "0.00477993972620320873941352073263"
},
{
"fmv": "87960",
"name": "NVIDIA CORPORATION",
"shareOfAssets": "0.00376802260505130075387439984623"
},
{
"fmv": "87672",
"name": "MICROSOFT CORP",
"shareOfAssets": "0.00375568528683558026027371968302"
},
{
"fmv": "64859",
"name": "APPLE INC",
"shareOfAssets": "0.00277842403525491491127262050508"
},
{
"fmv": "59244",
"name": "ARISTA NETWORKS INC",
"shareOfAssets": "0.0025378891679588365377732485731"
},
{
"fmv": "56310",
"name": "SERVICENOW INC",
"shareOfAssets": "0.00241220273863618400921631941043"
},
{
"fmv": "55757",
"name": "COSTCO WHOLESALE CORP NEW",
"shareOfAssets": "0.00238851337414558181143445784705"
},
{
"fmv": "55307",
"name": "VISA INC CL A",
"shareOfAssets": "0.00236923631443351854018339509203"
},
{
"fmv": "54800",
"name": "META PLATFORMS INC CL A",
"shareOfAssets": "0.00234751749382459392124053105472"
},
{
"fmv": "52552",
"name": "PROSUS N V SPONSORED ADR",
"shareOfAssets": "0.0022512178710852200684129997808"
}
],
"count": 268,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "688db522e3a6ab0fd43c469f6225caed3eccbc857c6b141a6beba1341dfd5bde",
"otherInvestments": [
{
"fmv": "1798548",
"name": "VANGUARD GROWTH ETF",
"shareOfAssets": "0.0770460382022488275156809242228"
},
{
"fmv": "1276459",
"name": "VANGUARD FTSE DEVELOPED MKTS E",
"shareOfAssets": "0.0546808363622234914619118071091"
},
{
"fmv": "1073282",
"name": "INVESCO S&P 500 EQUAL WEIGHT E",
"shareOfAssets": "0.0459771582264059819886291907203"
},
{
"fmv": "756477",
"name": "BLACKROCK STRATEGIC INC OPP I",
"shareOfAssets": "0.0324058939995610827693115549395"
},
{
"fmv": "668225",
"name": "CAUSEWAY EMERGING MKTS INST",
"shareOfAssets": "0.0286253627246521765149809099278"
}
]
}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.