Sealed proof · filed Form 990-PF
MKM FOUNDATION
EIN 23-7966478, 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.
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 5, 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 distributions1.84×
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 rate8.6%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$31.8M
end of the tax year, Part II
Largest listed stock8.3%
C701769408 MFO PARNASSUS EQTY
If that stock halved−4.1%
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
MKM 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/492cf4096e3e — 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) | $1,231,209 | $1,231,208.85 | recomputes, within the form's whole-dollar rounding (difference $0.15) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $82,746 | $82,745.588 | recomputes, within the form's whole-dollar rounding (difference $0.412) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $1,148,463 | $1,148,463 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $283,867 | 0.9% |
| Savings and temporary cash investments (line 2) | $23,252 | 0.1% |
| U.S. and state government obligations (line 10a) | $4M | 12.6% |
| Corporate stock (line 10b) | $21M | 66.2% |
| Corporate bonds (line 10c) | $6.1M | 19.2% |
The ten largest listed stocks, of 1073 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 30.0 equal holdings; the ten largest are 45.3% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| C701769408 MFO PARNASSUS EQTY | $2.6M | 8.3% |
| C233203199 MFO DFA INTL SUSTAI | $1.3M | 4.1% |
| C037833100 APPLE INC COM STK | $1.1M | 3.6% |
| C594918104 MICROSOFT CORP COM | $1.1M | 3.5% |
| C464287507 MFC ISHARES CORE S& | $1M | 3.2% |
| C02079K107 ALPHABET INC CAP ST | $553,038 | 1.7% |
| C67066G104 NVIDIA CORP COM | $486,130 | 1.5% |
| C46625H100 JPMORGAN CHASE & CO | $445,141 | 1.4% |
| C023135106 AMAZON COM INC COM | $414,428 | 1.3% |
| C277911483 MFO EATON VANCE MUT | $413,095 | 1.3% |
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 $1,231,209; recomputed $1,231,208.85; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $82,746; recomputed $82,745.58; 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 $1,148,463; recomputed $1,148,463; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $2,114,875 against a distributable amount of $1,148,463 (1.84×). |
| 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 | 1073 listed holdings sum to Part II line 10b exactly; the largest is 8.3% 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 5 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. | $82,745 | Projected under the assumptions below |
| December 31, 2026 | Distributable amount for the year ending 31 December 2025, to be paid out | $1,148,463 | 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 $984,967, $246,241 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, $24624177; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $5952920.
- 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)
5aedbc878d52dc84…· 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
492cf4096e3e022ff058a0ff3ac2148f293b9b8d5095c3e111e60d023bcd30e6 · recomputed now, matchesreturn Form 990-PF, IRS object
202543099349101514, schema 2024v5.2 — the file as the IRS published it hashes to 416d537524fcf386…source file
202543099349101514_public.xml inside 2025_TEOS_XML_11B.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 492cf4096e3e --fetcharithmetic
kernel@2026-09-15.1 · kernel proof d3a70ef55c09ae24…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 = 31772243 USD let mix_cash = share(283867 USD, total_assets_fmv) let mix_savings = share(23252 USD, total_assets_fmv) let mix_government = share(4003624 USD, total_assets_fmv) let mix_stock = share(21023126 USD, total_assets_fmv) let mix_bonds = share(6091240 USD, total_assets_fmv) let net_noncharitable_assets = 24624177 USD let mir_filed = 1231209 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 5952920 USD let excise_filed = 82746 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 1148463 USD let distributable_recomputed = 1231209 USD - 82746 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 2114875 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 = [2631842 USD, 1312657 USD, 1136156 USD, 1106438 USD, 1024439 USD, 553038 USD, 486130 USD, 445141 USD, 414428 USD, 413095 USD, 407719 USD, 373865 USD, 310770 USD, 308028 USD, 293286 USD, 291655 USD, 287168 USD, 248603 USD, 233226 USD, 212940 USD, 196135 USD, 170757 USD, 168977 USD, 155492 USD, 141835 USD, 140675 USD, 136372 USD, 119794 USD, 111859 USD, 108083 USD, 107688 USD, 103635 USD, 100394 USD, 92152 USD, 90550 USD, 89355 USD, 89085 USD, 87660 USD, 87633 USD, 84558 USD, 83033 USD, 79466 USD, 78508 USD, 78369 USD, 78001 USD, 76320 USD, 75298 USD, 74748 USD, 74213 USD, 72662 USD, 71676 USD, 71037 USD, 70976 USD, 70760 USD, 70478 USD, 70197 USD, 67346 USD, 64704 USD, 62861 USD, 61729 USD, 60861 USD, 60197 USD, 59678 USD, 58590 USD, 58020 USD, 56971 USD, 56469 USD, 56387 USD, 53531 USD, 52089 USD, 50140 USD, 49432 USD, 47142 USD, 46820 USD, 45505 USD, 42975 USD, 42432 USD, 38739 USD, 38218 USD, 37457 USD, 35398 USD, 34860 USD, 33523 USD, 33075 USD, 32986 USD, 32164 USD, 31975 USD, 30765 USD, 30561 USD, 29432 USD, 27604 USD, 27405 USD, 26067 USD, 24072 USD, 23254 USD, 22522 USD, 22183 USD, 21943 USD, 21760 USD, 21509 USD, 21352 USD, 21289 USD, 20795 USD, 20058 USD, 20010 USD, 19874 USD, 19675 USD, 19350 USD, 18843 USD, 18227 USD, 18095 USD, 18018 USD, 17821 USD, 17330 USD, 17235 USD, 17225 USD, 17214 USD, 17135 USD, 16733 USD, 16701 USD, 16293 USD, 16198 USD, 16065 USD, 15895 USD, 15882 USD, 15830 USD, 15638 USD, 15608 USD, 15184 USD, 15062 USD, 15032 USD, 14860 USD, 14332 USD, 14138 USD, 13869 USD, 13760 USD, 13746 USD, 13740 USD, 13677 USD, 13606 USD, 13500 USD, 13484 USD, 13441 USD, 13060 USD, 12884 USD, 12671 USD, 12602 USD, 12594 USD, 12558 USD, 12451 USD, 12379 USD, 12354 USD, 12249 USD, 12144 USD, 11943 USD, 11864 USD, 11782 USD, 11723 USD, 11603 USD, 11568 USD, 11532 USD, 11507 USD, 11476 USD, 11472 USD, 11424 USD, 11276 USD, 11206 USD, 11108 USD, 10993 USD, 10887 USD, 10855 USD, 10835 USD, 10779 USD, 10737 USD, 10712 USD, 10572 USD, 10567 USD, 10354 USD, 10350 USD, 10329 USD, 10310 USD, 10291 USD, 10179 USD, 10174 USD, 10154 USD, 10099 USD, 10016 USD, 9978 USD, 9941 USD, 9925 USD, 9923 USD, 9728 USD, 9660 USD, 9606 USD, 9558 USD, 9537 USD, 9513 USD, 9443 USD, 9405 USD, 9346 USD, 9291 USD, 9260 USD, 9252 USD, 9249 USD, 9225 USD, 9098 USD, 9063 USD, 8913 USD, 8871 USD, 8864 USD, 8721 USD, 8681 USD, 8677 USD, 8652 USD, 8636 USD, 8630 USD, 8569 USD, 8504 USD, 8495 USD, 8425 USD, 8335 USD, 8317 USD, 8308 USD, 8304 USD, 8292 USD, 8284 USD, 8238 USD, 8218 USD, 8074 USD, 8066 USD, 8023 USD, 7982 USD, 7979 USD, 7964 USD, 7901 USD, 7859 USD, 7859 USD, 7837 USD, 7791 USD, 7772 USD, 7768 USD, 7749 USD, 7703 USD, 7586 USD, 7568 USD, 7559 USD, 7512 USD, 7463 USD, 7456 USD, 7456 USD, 7437 USD, 7436 USD, 7431 USD, 7408 USD, 7382 USD, 7313 USD, 7222 USD, 7222 USD, 7204 USD, 7076 USD, 7025 USD, 6988 USD, 6986 USD, 6912 USD, 6807 USD, 6767 USD, 6756 USD, 6696 USD, 6661 USD, 6656 USD, 6636 USD, 6604 USD, 6565 USD, 6544 USD, 6538 USD, 6513 USD, 6501 USD, 6459 USD, 6455 USD, 6431 USD, 6430 USD, 6340 USD, 6331 USD, 6302 USD, 6284 USD, 6270 USD, 6207 USD, 6171 USD, 6154 USD, 6146 USD, 6112 USD, 6101 USD, 6100 USD, 6059 USD, 6030 USD, 6019 USD, 6007 USD, 5999 USD, 5943 USD, 5884 USD, 5871 USD, 5857 USD, 5837 USD, 5732 USD, 5662 USD, 5586 USD, 5432 USD, 5395 USD, 5329 USD, 5273 USD, 5270 USD, 5268 USD, 5250 USD, 5175 USD, 5175 USD, 5163 USD, 5126 USD, 5108 USD, 5076 USD, 5074 USD, 4963 USD, 4891 USD, 4874 USD, 4825 USD, 4817 USD, 4800 USD, 4795 USD, 4778 USD, 4684 USD, 4666 USD, 4613 USD, 4612 USD, 4612 USD, 4609 USD, 4595 USD, 4568 USD, 4555 USD, 4486 USD, 4484 USD, 4477 USD, 4469 USD, 4467 USD, 4463 USD, 4413 USD, 4334 USD, 4303 USD, 4270 USD, 4245 USD, 4232 USD, 4207 USD, 4173 USD, 4172 USD, 4125 USD, 4116 USD, 4080 USD, 4065 USD, 4049 USD, 4044 USD, 4011 USD, 3861 USD, 3860 USD, 3855 USD, 3834 USD, 3828 USD, 3828 USD, 3772 USD, 3771 USD, 3761 USD, 3752 USD, 3734 USD, 3732 USD, 3732 USD, 3698 USD, 3689 USD, 3679 USD, 3614 USD, 3574 USD, 3564 USD, 3557 USD, 3555 USD, 3553 USD, 3551 USD, 3541 USD, 3536 USD, 3536 USD, 3532 USD, 3502 USD, 3439 USD, 3323 USD, 3317 USD, 3316 USD, 3308 USD, 3308 USD, 3298 USD, 3250 USD, 3231 USD, 3213 USD, 3202 USD, 3184 USD, 3167 USD, 3162 USD, 3150 USD, 3107 USD, 3085 USD, 3058 USD, 3015 USD, 3013 USD, 2999 USD, 2987 USD, 2938 USD, 2927 USD, 2921 USD, 2912 USD, 2896 USD, 2891 USD, 2887 USD, 2882 USD, 2875 USD, 2873 USD, 2871 USD, 2847 USD, 2839 USD, 2824 USD, 2792 USD, 2787 USD, 2781 USD, 2777 USD, 2756 USD, 2719 USD, 2684 USD, 2683 USD, 2678 USD, 2579 USD, 2528 USD, 2526 USD, 2523 USD, 2500 USD, 2499 USD, 2487 USD, 2486 USD, 2457 USD, 2447 USD, 2440 USD, 2431 USD, 2411 USD, 2409 USD, 2408 USD, 2399 USD, 2393 USD, 2390 USD, 2377 USD, 2374 USD, 2328 USD, 2326 USD, 2318 USD, 2315 USD, 2309 USD, 2307 USD, 2300 USD, 2293 USD, 2292 USD, 2279 USD, 2272 USD, 2261 USD, 2240 USD, 2228 USD, 2228 USD, 2175 USD, 2173 USD, 2 … (12079 characters; the full program is in the body below)
{
"mix": [
{
"fmv": "283867",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.0089344337445738407577960422876"
},
{
"fmv": "23252",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.000731833758164319717685654110099"
},
{
"fmv": "4003624",
"line": "government",
"label": "U.S. and state government obligations (line 10a)",
"share": "0.126010115181354995931511665701"
},
{
"fmv": "21023126",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.661682148156804667520640579263"
},
{
"fmv": "6091240",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.191715769012593791379475474867"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "237966478",
"name": "MKM 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": "1231209",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "0.15",
"recomputed": "1231208.85"
},
{
"id": "excise_tax",
"note": null,
"filed": "82746",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "0.412",
"recomputed": "82745.588"
},
{
"id": "distributable_amount",
"note": null,
"filed": "1148463",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "1148463"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "5952920",
"grossInvestmentIncome": "6028935",
"netNoncharitableAssets": "24624177",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2024-12-31",
"days": 366,
"begin": "2024-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202543099349101514",
"returnTs": "2025-11-05T12:01:32-06:00",
"operating": false,
"sourceSha256": "416d537524fcf3866a45ce0892c9a9913ef19aab1d413a5cbe1ba1c3615369ca",
"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 = 31772243 USD\nlet mix_cash = share(283867 USD, total_assets_fmv)\nlet mix_savings = share(23252 USD, total_assets_fmv)\nlet mix_government = share(4003624 USD, total_assets_fmv)\nlet mix_stock = share(21023126 USD, total_assets_fmv)\nlet mix_bonds = share(6091240 USD, total_assets_fmv)\nlet net_noncharitable_assets = 24624177 USD\nlet mir_filed = 1231209 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 5952920 USD\nlet excise_filed = 82746 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 1148463 USD\nlet distributable_recomputed = 1231209 USD - 82746 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 2114875 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 = [2631842 USD, 1312657 USD, 1136156 USD, 1106438 USD, 1024439 USD, 553038 USD, 486130 USD, 445141 USD, 414428 USD, 413095 USD, 407719 USD, 373865 USD, 310770 USD, 308028 USD, 293286 USD, 291655 USD, 287168 USD, 248603 USD, 233226 USD, 212940 USD, 196135 USD, 170757 USD, 168977 USD, 155492 USD, 141835 USD, 140675 USD, 136372 USD, 119794 USD, 111859 USD, 108083 USD, 107688 USD, 103635 USD, 100394 USD, 92152 USD, 90550 USD, 89355 USD, 89085 USD, 87660 USD, 87633 USD, 84558 USD, 83033 USD, 79466 USD, 78508 USD, 78369 USD, 78001 USD, 76320 USD, 75298 USD, 74748 USD, 74213 USD, 72662 USD, 71676 USD, 71037 USD, 70976 USD, 70760 USD, 70478 USD, 70197 USD, 67346 USD, 64704 USD, 62861 USD, 61729 USD, 60861 USD, 60197 USD, 59678 USD, 58590 USD, 58020 USD, 56971 USD, 56469 USD, 56387 USD, 53531 USD, 52089 USD, 50140 USD, 49432 USD, 47142 USD, 46820 USD, 45505 USD, 42975 USD, 42432 USD, 38739 USD, 38218 USD, 37457 USD, 35398 USD, 34860 USD, 33523 USD, 33075 USD, 32986 USD, 32164 USD, 31975 USD, 30765 USD, 30561 USD, 29432 USD, 27604 USD, 27405 USD, 26067 USD, 24072 USD, 23254 USD, 22522 USD, 22183 USD, 21943 USD, 21760 USD, 21509 USD, 21352 USD, 21289 USD, 20795 USD, 20058 USD, 20010 USD, 19874 USD, 19675 USD, 19350 USD, 18843 USD, 18227 USD, 18095 USD, 18018 USD, 17821 USD, 17330 USD, 17235 USD, 17225 USD, 17214 USD, 17135 USD, 16733 USD, 16701 USD, 16293 USD, 16198 USD, 16065 USD, 15895 USD, 15882 USD, 15830 USD, 15638 USD, 15608 USD, 15184 USD, 15062 USD, 15032 USD, 14860 USD, 14332 USD, 14138 USD, 13869 USD, 13760 USD, 13746 USD, 13740 USD, 13677 USD, 13606 USD, 13500 USD, 13484 USD, 13441 USD, 13060 USD, 12884 USD, 12671 USD, 12602 USD, 12594 USD, 12558 USD, 12451 USD, 12379 USD, 12354 USD, 12249 USD, 12144 USD, 11943 USD, 11864 USD, 11782 USD, 11723 USD, 11603 USD, 11568 USD, 11532 USD, 11507 USD, 11476 USD, 11472 USD, 11424 USD, 11276 USD, 11206 USD, 11108 USD, 10993 USD, 10887 USD, 10855 USD, 10835 USD, 10779 USD, 10737 USD, 10712 USD, 10572 USD, 10567 USD, 10354 USD, 10350 USD, 10329 USD, 10310 USD, 10291 USD, 10179 USD, 10174 USD, 10154 USD, 10099 USD, 10016 USD, 9978 USD, 9941 USD, 9925 USD, 9923 USD, 9728 USD, 9660 USD, 9606 USD, 9558 USD, 9537 USD, 9513 USD, 9443 USD, 9405 USD, 9346 USD, 9291 USD, 9260 USD, 9252 USD, 9249 USD, 9225 USD, 9098 USD, 9063 USD, 8913 USD, 8871 USD, 8864 USD, 8721 USD, 8681 USD, 8677 USD, 8652 USD, 8636 USD, 8630 USD, 8569 USD, 8504 USD, 8495 USD, 8425 USD, 8335 USD, 8317 USD, 8308 USD, 8304 USD, 8292 USD, 8284 USD, 8238 USD, 8218 USD, 8074 USD, 8066 USD, 8023 USD, 7982 USD, 7979 USD, 7964 USD, 7901 USD, 7859 USD, 7859 USD, 7837 USD, 7791 USD, 7772 USD, 7768 USD, 7749 USD, 7703 USD, 7586 USD, 7568 USD, 7559 USD, 7512 USD, 7463 USD, 7456 USD, 7456 USD, 7437 USD, 7436 USD, 7431 USD, 7408 USD, 7382 USD, 7313 USD, 7222 USD, 7222 USD, 7204 USD, 7076 USD, 7025 USD, 6988 USD, 6986 USD, 6912 USD, 6807 USD, 6767 USD, 6756 USD, 6696 USD, 6661 USD, 6656 USD, 6636 USD, 6604 USD, 6565 USD, 6544 USD, 6538 USD, 6513 USD, 6501 USD, 6459 USD, 6455 USD, 6431 USD, 6430 USD, 6340 USD, 6331 USD, 6302 USD, 6284 USD, 6270 USD, 6207 USD, 6171 USD, 6154 USD, 6146 USD, 6112 USD, 6101 USD, 6100 USD, 6059 USD, 6030 USD, 6019 USD, 6007 USD, 5999 USD, 5943 USD, 5884 USD, 5871 USD, 5857 USD, 5837 USD, 5732 USD, 5662 USD, 5586 USD, 5432 USD, 5395 USD, 5329 USD, 5273 USD, 5270 USD, 5268 USD, 5250 USD, 5175 USD, 5175 USD, 5163 USD, 5126 USD, 5108 USD, 5076 USD, 5074 USD, 4963 USD, 4891 USD, 4874 USD, 4825 USD, 4817 USD, 4800 USD, 4795 USD, 4778 USD, 4684 USD, 4666 USD, 4613 USD, 4612 USD, 4612 USD, 4609 USD, 4595 USD, 4568 USD, 4555 USD, 4486 USD, 4484 USD, 4477 USD, 4469 USD, 4467 USD, 4463 USD, 4413 USD, 4334 USD, 4303 USD, 4270 USD, 4245 USD, 4232 USD, 4207 USD, 4173 USD, 4172 USD, 4125 USD, 4116 USD, 4080 USD, 4065 USD, 4049 USD, 4044 USD, 4011 USD, 3861 USD, 3860 USD, 3855 USD, 3834 USD, 3828 USD, 3828 USD, 3772 USD, 3771 USD, 3761 USD, 3752 USD, 3734 USD, 3732 USD, 3732 USD, 3698 USD, 3689 USD, 3679 USD, 3614 USD, 3574 USD, 3564 USD, 3557 USD, 3555 USD, 3553 USD, 3551 USD, 3541 USD, 3536 USD, 3536 USD, 3532 USD, 3502 USD, 3439 USD, 3323 USD, 3317 USD, 3316 USD, 3308 USD, 3308 USD, 3298 USD, 3250 USD, 3231 USD, 3213 USD, 3202 USD, 3184 USD, 3167 USD, 3162 USD, 3150 USD, 3107 USD, 3085 USD, 3058 USD, 3015 USD, 3013 USD, 2999 USD, 2987 USD, 2938 USD, 2927 USD, 2921 USD, 2912 USD, 2896 USD, 2891 USD, 2887 USD, 2882 USD, 2875 USD, 2873 USD, 2871 USD, 2847 USD, 2839 USD, 2824 USD, 2792 USD, 2787 USD, 2781 USD, 2777 USD, 2756 USD, 2719 USD, 2684 USD, 2683 USD, 2678 USD, 2579 USD, 2528 USD, 2526 USD, 2523 USD, 2500 USD, 2499 USD, 2487 USD, 2486 USD, 2457 USD, 2447 USD, 2440 USD, 2431 USD, 2411 USD, 2409 USD, 2408 USD, 2399 USD, 2393 USD, 2390 USD, 2377 USD, 2374 USD, 2328 USD, 2326 USD, 2318 USD, 2315 USD, 2309 USD, 2307 USD, 2300 USD, 2293 USD, 2292 USD, 2279 USD, 2272 USD, 2261 USD, 2240 USD, 2228 USD, 2228 USD, 2175 USD, 2173 USD, 2171 USD, 2143 USD, 2128 USD, 2127 USD, 2117 USD, 2116 USD, 2112 USD, 2099 USD, 2089 USD, 2086 USD, 2077 USD, 2067 USD, 2032 USD, 2029 USD, 2029 USD, 1990 USD, 1988 USD, 1964 USD, 1958 USD, 1945 USD, 1928 USD, 1927 USD, 1920 USD, 1917 USD, 1915 USD, 1912 USD, 1911 USD, 1893 USD, 1885 USD, 1865 USD, 1862 USD, 1861 USD, 1860 USD, 1859 USD, 1831 USD, 1787 USD, 1786 USD, 1783 USD, 1779 USD, 1775 USD, 1769 USD, 1755 USD, 1737 USD, 1733 USD, 1732 USD, 1723 USD, 1716 USD, 1708 USD, 1705 USD, 1701 USD, 1695 USD, 1693 USD, 1692 USD, 1687 USD, 1676 USD, 1676 USD, 1674 USD, 1668 USD, 1656 USD, 1656 USD, 1650 USD, 1636 USD, 1630 USD, 1626 USD, 1606 USD, 1592 USD, 1577 USD, 1577 USD, 1575 USD, 1574 USD, 1571 USD, 1559 USD, 1559 USD, 1546 USD, 1541 USD, 1534 USD, 1523 USD, 1518 USD, 1511 USD, 1499 USD, 1499 USD, 1496 USD, 1487 USD, 1484 USD, 1478 USD, 1478 USD, 1461 USD, 1461 USD, 1460 USD, 1455 USD, 1453 USD, 1450 USD, 1443 USD, 1438 USD, 1430 USD, 1419 USD, 1412 USD, 1403 USD, 1403 USD, 1387 USD, 1382 USD, 1380 USD, 1371 USD, 1365 USD, 1353 USD, 1345 USD, 1339 USD, 1333 USD, 1330 USD, 1329 USD, 1327 USD, 1315 USD, 1293 USD, 1284 USD, 1269 USD, 1263 USD, 1263 USD, 1252 USD, 1247 USD, 1247 USD, 1243 USD, 1241 USD, 1239 USD, 1235 USD, 1231 USD, 1225 USD, 1213 USD, 1203 USD, 1202 USD, 1188 USD, 1186 USD, 1183 USD, 1183 USD, 1181 USD, 1177 USD, 1169 USD, 1160 USD, 1156 USD, 1154 USD, 1151 USD, 1137 USD, 1136 USD, 1124 USD, 1108 USD, 1106 USD, 1103 USD, 1101 USD, 1100 USD, 1100 USD, 1094 USD, 1090 USD, 1084 USD, 1081 USD, 1075 USD, 1069 USD, 1063 USD, 1062 USD, 1062 USD, 1060 USD, 1060 USD, 1058 USD, 1055 USD, 1046 USD, 1042 USD, 1017 USD, 1017 USD, 1011 USD, 1011 USD, 1009 USD, 1004 USD, 997 USD, 995 USD, 982 USD, 979 USD, 976 USD, 969 USD, 950 USD, 947 USD, 945 USD, 944 USD, 941 USD, 940 USD, 939 USD, 936 USD, 930 USD, 926 USD, 925 USD, 924 USD, 924 USD, 919 USD, 918 USD, 918 USD, 912 USD, 909 USD, 893 USD, 893 USD, 884 USD, 882 USD, 875 USD, 868 USD, 864 USD, 857 USD, 853 USD, 849 USD, 847 USD, 831 USD, 827 USD, 827 USD, 822 USD, 820 USD, 819 USD, 818 USD, 809 USD, 808 USD, 802 USD, 796 USD, 795 USD, 793 USD, 792 USD, 791 USD, 789 USD, 786 USD, 784 USD, 773 USD, 773 USD, 770 USD, 770 USD, 762 USD, 761 USD, 757 USD, 754 USD, 753 USD, 753 USD, 750 USD, 743 USD, 738 USD, 737 USD, 736 USD, 734 USD, 731 USD, 725 USD, 721 USD, 712 USD, 705 USD, 705 USD, 705 USD, 704 USD, 699 USD, 692 USD, 690 USD, 690 USD, 687 USD, 684 USD, 681 USD, 678 USD, 677 USD, 676 USD, 672 USD, 669 USD, 666 USD, 649 USD, 648 USD, 648 USD, 645 USD, 640 USD, 640 USD, 633 USD, 632 USD, 630 USD, 629 USD, 626 USD, 625 USD, 625 USD, 624 USD, 623 USD, 613 USD, 612 USD, 611 USD, 610 USD, 609 USD, 608 USD, 607 USD, 603 USD, 583 USD, 582 USD, 578 USD, 576 USD, 572 USD, 569 USD, 568 USD, 567 USD, 565 USD, 561 USD, 561 USD, 561 USD, 558 USD, 552 USD, 552 USD, 550 USD, 549 USD, 546 USD, 545 USD, 541 USD, 540 USD, 530 USD, 526 USD, 525 USD, 524 USD, 520 USD, 518 USD, 516 USD, 514 USD, 513 USD, 509 USD, 507 USD, 505 USD, 504 USD, 503 USD, 499 USD, 499 USD, 498 USD, 495 USD, 482 USD, 480 USD, 476 USD, 475 USD, 474 USD, 474 USD, 472 USD, 471 USD, 470 USD, 468 USD, 465 USD, 464 USD, 463 USD, 463 USD, 462 USD, 462 USD, 460 USD, 454 USD, 450 USD, 440 USD, 439 USD, 438 USD, 436 USD, 434 USD, 433 USD, 432 USD, 431 USD, 429 USD, 429 USD, 427 USD, 425 USD, 425 USD, 422 USD, 422 USD, 420 USD, 419 USD, 412 USD, 410 USD, 404 USD, 401 USD, 400 USD, 398 USD, 395 USD, 393 USD, 391 USD, 389 USD, 388 USD, 385 USD, 383 USD, 381 USD, 380 USD, 378 USD, 376 USD, 373 USD, 373 USD, 373 USD, 372 USD, 371 USD, 370 USD, 366 USD, 363 USD, 362 USD, 361 USD, 360 USD, 358 USD, 358 USD, 349 USD, 348 USD, 346 USD, 344 USD, 342 USD, 341 USD, 339 USD, 339 USD, 339 USD, 339 USD, 338 USD, 336 USD, 334 USD, 334 USD, 329 USD, 327 USD, 324 USD, 322 USD, 321 USD, 319 USD, 317 USD, 313 USD, 312 USD, 311 USD, 310 USD, 310 USD, 310 USD, 309 USD, 309 USD, 309 USD, 307 USD, 306 USD, 304 USD, 302 USD, 300 USD, 298 USD, 297 USD, 296 USD, 293 USD, 293 USD, 293 USD, 288 USD, 288 USD, 287 USD, 283 USD, 280 USD, 280 USD, 278 USD, 277 USD, 275 USD, 275 USD, 272 USD, 272 USD, 271 USD, 270 USD, 270 USD, 270 USD, 269 USD, 267 USD, 267 USD, 267 USD, 263 USD, 259 USD, 258 USD, 258 USD, 258 USD, 255 USD, 254 USD, 252 USD, 250 USD, 248 USD, 245 USD, 245 USD, 244 USD, 244 USD, 244 USD, 240 USD, 239 USD, 237 USD, 236 USD, 233 USD, 233 USD, 232 USD, 231 USD, 231 USD, 230 USD, 229 USD, 227 USD, 226 USD, 226 USD, 225 USD, 224 USD, 223 USD, 223 USD, 223 USD, 218 USD, 216 USD, 210 USD, 210 USD, 208 USD, 207 USD, 206 USD, 205 USD, 205 USD, 204 USD, 204 USD, 201 USD, 200 USD, 199 USD, 199 USD, 199 USD, 198 USD, 197 USD, 196 USD, 195 USD, 194 USD, 194 USD, 193 USD, 191 USD, 191 USD, 188 USD, 187 USD, 186 USD, 185 USD, 185 USD, 182 USD, 177 USD, 177 USD, 176 USD, 175 USD, 174 USD, 173 USD, 173 USD, 169 USD, 168 USD, 168 USD, 168 USD, 167 USD, 166 USD, 165 USD, 162 USD, 162 USD, 161 USD, 160 USD, 159 USD, 154 USD, 153 USD, 153 USD, 152 USD, 152 USD, 152 USD, 151 USD, 149 USD, 145 USD, 144 USD, 138 USD, 137 USD, 136 USD, 136 USD, 136 USD, 134 USD, 134 USD, 132 USD, 131 USD, 131 USD, 130 USD, 130 USD, 128 USD, 128 USD, 128 USD, 127 USD, 126 USD, 123 USD, 123 USD, 122 USD, 122 USD, 122 USD, 122 USD, 121 USD, 121 USD, 121 USD, 120 USD, 119 USD, 117 USD, 115 USD, 114 USD, 113 USD, 107 USD, 107 USD, 103 USD, 102 USD, 102 USD, 101 USD, 98 USD, 96 USD, 96 USD, 93 USD, 90 USD, 85 USD, 84 USD, 84 USD, 84 USD, 79 USD, 78 USD, 76 USD, 73 USD, 68 USD, 62 USD, 54 USD, 51 USD, 46 USD, 42 USD, 38 USD, 27 USD, 17 USD, 14 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([2631842 USD, 1312657 USD, 1136156 USD, 1106438 USD, 1024439 USD, 553038 USD, 486130 USD, 445141 USD, 414428 USD, 413095 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": "0.0089344337445738407577960422876",
"mir_filed": "1231209 USD",
"mix_bonds": "0.191715769012593791379475474867",
"mix_stock": "0.661682148156804667520640579263",
"mix_savings": "0.000731833758164319717685654110099",
"payout_rate": "0.0858861191584189798505753105982",
"stock_count": "1073",
"excise_filed": "82746 USD",
"largest_stock": "2631842 USD",
"mir_difference": "0.15 USD",
"mir_recomputed": "1231208.85 USD",
"mix_government": "0.126010115181354995931511665701",
"payout_coverage": "1.84148292108670457820582813726",
"total_assets_fmv": "31772243 USD",
"excise_difference": "0.412 USD",
"excise_recomputed": "82745.588 USD",
"distributable_filed": "1148463 USD",
"stock_concentration": "0.0332974570045616296749298276448",
"top10_share_of_stock": "0.452994668823275853457758850896",
"net_investment_income": "5952920 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "1148463 USD",
"effective_stock_holdings": "30.032323485334140141158761701",
"net_noncharitable_assets": "24624177 USD",
"qualifying_distributions": "2114875 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.0828346302148073083792038226574",
"largest_stock_halved_share_of_assets": "0.0414173151074036541896019113287"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "2631842",
"name": "C701769408 MFO PARNASSUS EQTY",
"shareOfAssets": "0.0828346302148073083792038226574"
},
{
"fmv": "1312657",
"name": "C233203199 MFO DFA INTL SUSTAI",
"shareOfAssets": "0.0413145839278643311396050949252"
},
{
"fmv": "1136156",
"name": "C037833100 APPLE INC COM STK",
"shareOfAssets": "0.0357593890994727693603501647649"
},
{
"fmv": "1106438",
"name": "C594918104 MICROSOFT CORP COM",
"shareOfAssets": "0.0348240443710568372525666507083"
},
{
"fmv": "1024439",
"name": "C464287507 MFC ISHARES CORE S&",
"shareOfAssets": "0.0322432067512513989018653797908"
},
{
"fmv": "553038",
"name": "C02079K107 ALPHABET INC CAP ST",
"shareOfAssets": "0.0174063253891140137635230852288"
},
{
"fmv": "486130",
"name": "C67066G104 NVIDIA CORP COM",
"shareOfAssets": "0.0153004621046112482521300117212"
},
{
"fmv": "445141",
"name": "C46625H100 JPMORGAN CHASE & CO",
"shareOfAssets": "0.0140103737718485912373262410211"
},
{
"fmv": "414428",
"name": "C023135106 AMAZON COM INC COM",
"shareOfAssets": "0.0130437124001601020110541141209"
},
{
"fmv": "413095",
"name": "C277911483 MFO EATON VANCE MUT",
"shareOfAssets": "0.0130017575403788772482949976179"
}
],
"count": 1073,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "d3a70ef55c09ae242fb0c50d1541385ec2657f459a0f46c6709316312d37f928",
"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.