Sealed proof · filed Form 990-PF
THE STEELE-REESE FOUNDATION XXXXX1004
EIN 13-6034763, tax year September 1, 2024 to August 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 STEELE-REESE FOUNDATION- 561. 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 2025-08-31. The IRS received it on July 8, 2026.
The answer
Nothing carried into the next year: the return shows the year’s amount paid within the year.
Every line we re-do agrees with the return as filed.
Keep this record for the foundation, year on year: the Filing Record, the foundation’s own order, cancellable in writing for a full refund until thirty days after the filing deadline.
Qualifying distributions1.03×
the distributable amount (Part XI ÷ Part X)
Carried to next year$0
undistributed income, Part XII: nothing carried into the next year
Distributions as a rate5.0%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$47.5M
end of the tax year, Part II
Largest listed stock16.2%
315911727 FIDELITY INTL INDX
If that stock halved−8.1%
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
THE STEELE-REESE FOUNDATION XXXXX1004 · Form 990-PF, year ended August 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/704f743d198e — 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) | $2,305,578 | $2,305,578 | recomputes exactly |
| Excise tax: 1.39% of net investment income (Part V line 1) | $45,594 | $45,593.946 | recomputes, within the form's whole-dollar rounding (difference $0.054) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $2,259,984 | $2,259,984 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $20,576 | <0.1% |
| Savings and temporary cash investments (line 2) | $787,696 | 1.7% |
| Corporate stock (line 10b) | $29.5M | 62.0% |
| Corporate bonds (line 10c) | $12.9M | 27.2% |
| Other investments (line 13) | $4.3M | 9.1% |
The ten largest listed stocks, of 253 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 8.0 equal holdings; the ten largest are 71.9% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| 315911727 FIDELITY INTL INDX | $7.7M | 16.2% |
| 315911750 FIDELITY 500 INDEX F | $4.7M | 9.9% |
| 46636U876 JPM EQ INC FD - USD | $4.2M | 8.9% |
| 04314H857 ARTISAN INTL VAL-INS | $2.6M | 5.5% |
| N07059210 ASML HOLDING NV-NY R | $450,770 | 0.9% |
| 023135106 AMAZON.COM INC | $382,659 | 0.8% |
| 594918104 MICROSOFT CORP | $282,733 | 0.6% |
| 20825C104 CONOCOPHILLIPS | $280,184 | 0.6% |
| 67066G104 NVIDIA CORP | $264,405 | 0.6% |
| 64110L106 NETFLIX INC | $251,316 | 0.5% |
Largest other investments (line 13), as listed
| 820037919 GWL USPF PLUS LP | $1.9M | 4.0% |
| HEBLAAAK6 BLACKSTONE PARTNERS | $1.2M | 2.6% |
| 986903920 SCULPTOR OF II PRIVA | $1.2M | 2.5% |
| 325691947 CD&R FUND VIII, L.P. | $4,094 | <0.1% |
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 $2,305,578; recomputed $2,305,578; agrees to the dollar. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $45,594; recomputed $45,593.94; 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 $2,259,984; recomputed $2,259,984; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $2,318,613 against a distributable amount of $2,259,984 (1.03×). |
| Payout deadline | Part XII undistributed income and the date it falls due | reported | Part XII reports $0 undistributed income for the year ended 31 August 2025: nothing carried into the next year, so nothing from this year falls due by 31 August 2026. |
| Holdings tie-out | The corporate-stock schedule against Part II line 10b | agrees | 253 listed holdings sum to Part II line 10b exactly; the largest is 16.2% 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 8 July 2026; the original due date was 15 January 2026; the six-month extension window ended 15 July 2026. 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 |
|---|---|---|---|
| January 15, 2027 | Excise tax on the year ending 31 August 2026, due with that return by 15 January 2027 | $45,593 | Projected under the assumptions below |
| August 31, 2027 | Distributable amount for the year ending 31 August 2026, to be paid out | $2,259,984 | Projected under the assumptions below |
If net noncharitable-use assets fell 20% over the year ending August 31, 2026: what is owed now, nothing from Part XII, is unchanged; the following year’s minimum investment return would be $1,844,462, $461,115 less than the projection.
The assumptions, the forward kernel proof, and what was refused
- Net noncharitable-use assets for the year ending 31 August 2026 equal this return's Part IX line 5, $46111560; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $3280140.
- 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)
689fd8fbc2741c27…· 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
704f743d198e4bec8899f4a44306215100e77011daa3eb49675bc243517f2670 · recomputed now, matchesreturn Form 990-PF, IRS object
202641899349100024, schema 2024v5.2 — the file as the IRS published it hashes to e91e84a81d681f4b…source file
202641899349100024_public.xml inside 2026_TEOS_XML_07A.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 704f743d198e --fetcharithmetic
kernel@2026-09-15.1 · kernel proof a8fe2e81404ea6f2…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 = 47496928 USD let mix_cash = share(20576 USD, total_assets_fmv) let mix_savings = share(787696 USD, total_assets_fmv) let mix_stock = share(29451804 USD, total_assets_fmv) let mix_bonds = share(12924495 USD, total_assets_fmv) let mix_other = share(4312357 USD, total_assets_fmv) let net_noncharitable_assets = 46111560 USD let mir_filed = 2305578 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 3280140 USD let excise_filed = 45594 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 2259984 USD let distributable_recomputed = 2305578 USD - 45594 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 2318613 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 = [7693436 USD, 4710996 USD, 4220302 USD, 2628577 USD, 450770 USD, 382659 USD, 282733 USD, 280184 USD, 264405 USD, 251316 USD, 248861 USD, 242938 USD, 230416 USD, 230081 USD, 224721 USD, 221126 USD, 208771 USD, 207998 USD, 204593 USD, 202925 USD, 195683 USD, 193885 USD, 180309 USD, 173481 USD, 173285 USD, 172117 USD, 169746 USD, 166008 USD, 159377 USD, 158721 USD, 156854 USD, 156731 USD, 155691 USD, 149631 USD, 135685 USD, 127413 USD, 124921 USD, 118541 USD, 112601 USD, 111910 USD, 111611 USD, 111238 USD, 111224 USD, 110268 USD, 98191 USD, 84084 USD, 76773 USD, 76220 USD, 74939 USD, 72052 USD, 72015 USD, 35664 USD, 30872 USD, 30820 USD, 30281 USD, 29459 USD, 24875 USD, 22315 USD, 21107 USD, 20993 USD, 20493 USD, 19317 USD, 18100 USD, 17151 USD, 16914 USD, 16235 USD, 15971 USD, 15356 USD, 15282 USD, 15110 USD, 14902 USD, 14902 USD, 14859 USD, 14340 USD, 14340 USD, 14268 USD, 14268 USD, 14168 USD, 13997 USD, 13838 USD, 13827 USD, 13773 USD, 13735 USD, 13713 USD, 13646 USD, 13621 USD, 13612 USD, 13590 USD, 13511 USD, 13354 USD, 13286 USD, 13210 USD, 12771 USD, 12642 USD, 12040 USD, 12025 USD, 11995 USD, 11985 USD, 11972 USD, 11910 USD, 11856 USD, 11826 USD, 11767 USD, 11731 USD, 11665 USD, 11641 USD, 11498 USD, 11449 USD, 11310 USD, 11244 USD, 11217 USD, 11204 USD, 11052 USD, 11050 USD, 11040 USD, 10999 USD, 10728 USD, 10719 USD, 10655 USD, 10607 USD, 10605 USD, 10525 USD, 10495 USD, 10464 USD, 10423 USD, 10395 USD, 10236 USD, 10151 USD, 10111 USD, 10098 USD, 10053 USD, 9970 USD, 9874 USD, 9744 USD, 9656 USD, 9590 USD, 9513 USD, 9383 USD, 9223 USD, 9113 USD, 9100 USD, 9098 USD, 9086 USD, 8887 USD, 8867 USD, 8861 USD, 8773 USD, 8768 USD, 8728 USD, 8701 USD, 8635 USD, 8621 USD, 8505 USD, 8499 USD, 8488 USD, 8479 USD, 8474 USD, 8469 USD, 8414 USD, 8380 USD, 8376 USD, 8334 USD, 8315 USD, 8259 USD, 8178 USD, 8150 USD, 8067 USD, 8035 USD, 8028 USD, 8014 USD, 7905 USD, 7880 USD, 7868 USD, 7863 USD, 7805 USD, 7722 USD, 7621 USD, 7448 USD, 7423 USD, 7400 USD, 7393 USD, 7266 USD, 7218 USD, 7211 USD, 7163 USD, 7154 USD, 7143 USD, 7140 USD, 7093 USD, 7082 USD, 7064 USD, 7056 USD, 7036 USD, 6983 USD, 6952 USD, 6896 USD, 6788 USD, 6697 USD, 6615 USD, 6468 USD, 6464 USD, 6462 USD, 6391 USD, 6149 USD, 6035 USD, 5969 USD, 5945 USD, 5938 USD, 5932 USD, 5823 USD, 5816 USD, 5687 USD, 5686 USD, 5630 USD, 5604 USD, 5587 USD, 5504 USD, 5493 USD, 5488 USD, 5474 USD, 5468 USD, 5403 USD, 5375 USD, 5343 USD, 5326 USD, 5315 USD, 5312 USD, 5305 USD, 5236 USD, 5235 USD, 5008 USD, 4882 USD, 4840 USD, 4821 USD, 4525 USD, 4460 USD, 4411 USD, 4379 USD, 4131 USD, 4125 USD, 4085 USD, 4037 USD, 4019 USD, 3930 USD, 3916 USD, 3709 USD, 3012 USD, 2878 USD, 2390 USD, 2032 USD, 1779 USD, 1544 USD, 1246 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([7693436 USD, 4710996 USD, 4220302 USD, 2628577 USD, 450770 USD, 382659 USD, 282733 USD, 280184 USD, 264405 USD, 251316 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": "20576",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.000433206964458838264234689030836"
},
{
"fmv": "787696",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0165841462420474856816002921284"
},
{
"fmv": "29451804",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.620078081681408953437999190179"
},
{
"fmv": "12924495",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.27211223007938534466902785797"
},
{
"fmv": "4312357",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.0907923350326993779471379706915"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "136034763",
"name": "THE STEELE-REESE FOUNDATION XXXXX1004"
},
"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": "2305578",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "exact",
"difference": "0",
"recomputed": "2305578"
},
{
"id": "excise_tax",
"note": null,
"filed": "45594",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "0.054",
"recomputed": "45593.946"
},
{
"id": "distributable_amount",
"note": null,
"filed": "2259984",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "2259984"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "3280140",
"grossInvestmentIncome": "3607846",
"netNoncharitableAssets": "46111560",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2025-08-31",
"days": 365,
"begin": "2024-09-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202641899349100024",
"returnTs": "2026-07-08T17:01:33-05:00",
"operating": false,
"sourceSha256": "e91e84a81d681f4badab18390b6216e5bb9be254ac57e7a7196a060b57febfff",
"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 = 47496928 USD\nlet mix_cash = share(20576 USD, total_assets_fmv)\nlet mix_savings = share(787696 USD, total_assets_fmv)\nlet mix_stock = share(29451804 USD, total_assets_fmv)\nlet mix_bonds = share(12924495 USD, total_assets_fmv)\nlet mix_other = share(4312357 USD, total_assets_fmv)\nlet net_noncharitable_assets = 46111560 USD\nlet mir_filed = 2305578 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 3280140 USD\nlet excise_filed = 45594 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 2259984 USD\nlet distributable_recomputed = 2305578 USD - 45594 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 2318613 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 = [7693436 USD, 4710996 USD, 4220302 USD, 2628577 USD, 450770 USD, 382659 USD, 282733 USD, 280184 USD, 264405 USD, 251316 USD, 248861 USD, 242938 USD, 230416 USD, 230081 USD, 224721 USD, 221126 USD, 208771 USD, 207998 USD, 204593 USD, 202925 USD, 195683 USD, 193885 USD, 180309 USD, 173481 USD, 173285 USD, 172117 USD, 169746 USD, 166008 USD, 159377 USD, 158721 USD, 156854 USD, 156731 USD, 155691 USD, 149631 USD, 135685 USD, 127413 USD, 124921 USD, 118541 USD, 112601 USD, 111910 USD, 111611 USD, 111238 USD, 111224 USD, 110268 USD, 98191 USD, 84084 USD, 76773 USD, 76220 USD, 74939 USD, 72052 USD, 72015 USD, 35664 USD, 30872 USD, 30820 USD, 30281 USD, 29459 USD, 24875 USD, 22315 USD, 21107 USD, 20993 USD, 20493 USD, 19317 USD, 18100 USD, 17151 USD, 16914 USD, 16235 USD, 15971 USD, 15356 USD, 15282 USD, 15110 USD, 14902 USD, 14902 USD, 14859 USD, 14340 USD, 14340 USD, 14268 USD, 14268 USD, 14168 USD, 13997 USD, 13838 USD, 13827 USD, 13773 USD, 13735 USD, 13713 USD, 13646 USD, 13621 USD, 13612 USD, 13590 USD, 13511 USD, 13354 USD, 13286 USD, 13210 USD, 12771 USD, 12642 USD, 12040 USD, 12025 USD, 11995 USD, 11985 USD, 11972 USD, 11910 USD, 11856 USD, 11826 USD, 11767 USD, 11731 USD, 11665 USD, 11641 USD, 11498 USD, 11449 USD, 11310 USD, 11244 USD, 11217 USD, 11204 USD, 11052 USD, 11050 USD, 11040 USD, 10999 USD, 10728 USD, 10719 USD, 10655 USD, 10607 USD, 10605 USD, 10525 USD, 10495 USD, 10464 USD, 10423 USD, 10395 USD, 10236 USD, 10151 USD, 10111 USD, 10098 USD, 10053 USD, 9970 USD, 9874 USD, 9744 USD, 9656 USD, 9590 USD, 9513 USD, 9383 USD, 9223 USD, 9113 USD, 9100 USD, 9098 USD, 9086 USD, 8887 USD, 8867 USD, 8861 USD, 8773 USD, 8768 USD, 8728 USD, 8701 USD, 8635 USD, 8621 USD, 8505 USD, 8499 USD, 8488 USD, 8479 USD, 8474 USD, 8469 USD, 8414 USD, 8380 USD, 8376 USD, 8334 USD, 8315 USD, 8259 USD, 8178 USD, 8150 USD, 8067 USD, 8035 USD, 8028 USD, 8014 USD, 7905 USD, 7880 USD, 7868 USD, 7863 USD, 7805 USD, 7722 USD, 7621 USD, 7448 USD, 7423 USD, 7400 USD, 7393 USD, 7266 USD, 7218 USD, 7211 USD, 7163 USD, 7154 USD, 7143 USD, 7140 USD, 7093 USD, 7082 USD, 7064 USD, 7056 USD, 7036 USD, 6983 USD, 6952 USD, 6896 USD, 6788 USD, 6697 USD, 6615 USD, 6468 USD, 6464 USD, 6462 USD, 6391 USD, 6149 USD, 6035 USD, 5969 USD, 5945 USD, 5938 USD, 5932 USD, 5823 USD, 5816 USD, 5687 USD, 5686 USD, 5630 USD, 5604 USD, 5587 USD, 5504 USD, 5493 USD, 5488 USD, 5474 USD, 5468 USD, 5403 USD, 5375 USD, 5343 USD, 5326 USD, 5315 USD, 5312 USD, 5305 USD, 5236 USD, 5235 USD, 5008 USD, 4882 USD, 4840 USD, 4821 USD, 4525 USD, 4460 USD, 4411 USD, 4379 USD, 4131 USD, 4125 USD, 4085 USD, 4037 USD, 4019 USD, 3930 USD, 3916 USD, 3709 USD, 3012 USD, 2878 USD, 2390 USD, 2032 USD, 1779 USD, 1544 USD, 1246 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([7693436 USD, 4710996 USD, 4220302 USD, 2628577 USD, 450770 USD, 382659 USD, 282733 USD, 280184 USD, 264405 USD, 251316 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": "0.000433206964458838264234689030836",
"mir_filed": "2305578 USD",
"mix_bonds": "0.27211223007938534466902785797",
"mix_other": "0.0907923350326993779471379706915",
"mix_stock": "0.620078081681408953437999190179",
"mix_savings": "0.0165841462420474856816002921284",
"payout_rate": "0.0502826839950762888958864111299",
"stock_count": "253",
"excise_filed": "45594 USD",
"largest_stock": "7693436 USD",
"mir_difference": "0 USD",
"mir_recomputed": "2305578 USD",
"payout_coverage": "1.02594221905995794660493171633",
"total_assets_fmv": "47496928 USD",
"excise_difference": "0.054 USD",
"excise_recomputed": "45593.946 USD",
"distributable_filed": "2259984 USD",
"stock_concentration": "0.124335072692526496867976378735",
"top10_share_of_stock": "0.718644535322861716722004533237",
"net_investment_income": "3280140 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "2259984 USD",
"effective_stock_holdings": "8.04278292797513893601807747979",
"net_noncharitable_assets": "46111560 USD",
"qualifying_distributions": "2318613 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.161977549369087617624449311753",
"largest_stock_halved_share_of_assets": "0.0809887746845438088122246558767"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "7693436",
"name": "315911727 FIDELITY INTL INDX",
"shareOfAssets": "0.161977549369087617624449311753"
},
{
"fmv": "4710996",
"name": "315911750 FIDELITY 500 INDEX F",
"shareOfAssets": "0.0991852778352317859378189679973"
},
{
"fmv": "4220302",
"name": "46636U876 JPM EQ INC FD - USD",
"shareOfAssets": "0.0888542096869928093033722096722"
},
{
"fmv": "2628577",
"name": "04314H857 ARTISAN INTL VAL-INS",
"shareOfAssets": "0.0553420423316640604630261561337"
},
{
"fmv": "450770",
"name": "N07059210 ASML HOLDING NV-NY R",
"shareOfAssets": "0.00949050852299331864157614572462"
},
{
"fmv": "382659",
"name": "023135106 AMAZON.COM INC",
"shareOfAssets": "0.00805649999090467492971334904017"
},
{
"fmv": "282733",
"name": "594918104 MICROSOFT CORP",
"shareOfAssets": "0.00595265866457721223570501233259"
},
{
"fmv": "280184",
"name": "20825C104 CONOCOPHILLIPS",
"shareOfAssets": "0.00589899203586387734381474102915"
},
{
"fmv": "264405",
"name": "67066G104 NVIDIA CORP",
"shareOfAssets": "0.00556678107687301376627978971608"
},
{
"fmv": "251316",
"name": "64110L106 NETFLIX INC",
"shareOfAssets": "0.00529120535963925919587894189704"
}
],
"count": 253,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "a8fe2e81404ea6f2b73db5454b08ace2b915082827cfdede631d2aba98ef24b1",
"otherInvestments": [
{
"fmv": "1907151",
"name": "820037919 GWL USPF PLUS LP",
"shareOfAssets": "0.0401531442201904089460269935774"
},
{
"fmv": "1230655",
"name": "HEBLAAAK6 BLACKSTONE PARTNERS",
"shareOfAssets": "0.0259102020240130056411227269267"
},
{
"fmv": "1170457",
"name": "986903920 SCULPTOR OF II PRIVA",
"shareOfAssets": "0.0246427937402604227372347112639"
},
{
"fmv": "4094",
"name": "325691947 CD&R FUND VIII, L.P.",
"shareOfAssets": "0.0000861950482355406227535389236121"
}
]
}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.