Sealed proof · filed Form 990-PF
A&L BERG FOUNDATION
EIN 92-1944355, tax year January 1, 2025 to December 31, 2025. The return the foundation filed, as the IRS published it, with its arithmetic re-done exactly and sealed September 28, 2026.
This is the latest return the IRS has published for this foundation, for the tax year ended 2025-12-31. The IRS received it on July 29, 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 distributions1.50×
the distributable amount (Part XI ÷ Part X)
Carried to next year$0
undistributed income, Part XII: nothing carried into the next year
Distributions as a rate7.3%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$11.4M
end of the tax year, Part II
Largest listed stock5.6%
APOLLOGLOBAL MGMT INC CL A(APO)
If that stock halved−2.8%
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
A&L BERG FOUNDATION · Form 990-PF, year ended December 31, 2025checking
Recomputing the seal in your browser…
The foundation’s own public return, sealed through the same free action as yours. Your edits stay in this page: nothing is sent and nothing is saved. A sealed copy shows nothing changed; it does not show the original was correct.
This page’s own short link: paretoalphasystems.com/p/894a87d5fbdf — 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) | $538,631 | $538,630.5 | recomputes, within the form's whole-dollar rounding (difference $0.5) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $13,695 | $13,694.836 | recomputes, within the form's whole-dollar rounding (difference $0.164) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $524,936 | $524,936 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $123,746 | 1.1% |
| Savings and temporary cash investments (line 2) | $518,043 | 4.5% |
| U.S. and state government obligations (line 10a) | $675,168 | 5.9% |
| Corporate stock (line 10b) | $5M | 44.1% |
| Corporate bonds (line 10c) | $578,200 | 5.1% |
| Other investments (line 13) | $4.4M | 38.7% |
The ten largest listed stocks, of 658 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 42.2 equal holdings; the ten largest are 33.4% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| APOLLOGLOBAL MGMT INC CL A(APO) | $636,944 | 5.6% |
| NVIDIA CORPORATION (NVDA) | $208,694 | 1.8% |
| APPLE INC | $189,215 | 1.7% |
| MICROSOFT CORP (MSFT) | $171,685 | 1.5% |
| AMAZON COM INC | $107,100 | 0.9% |
| ALPHABET INC CL A | $87,327 | 0.8% |
| BROADCOM INC | $76,142 | 0.7% |
| ALPHABET INC CL C | $72,174 | 0.6% |
| META PLATFORMS INC CL A(META) | $69,309 | 0.6% |
| TESLA INC (TSLA) | $60,712 | 0.5% |
Largest other investments (line 13), as listed
| VANGUARD INTL EQUITY INDEX FD | $686,021 | 6.0% |
| ISHARES RUSSELL 1000 GRW ETF | $676,346 | 5.9% |
| PERMANENT PORTFOLIO INC | $654,608 | 5.7% |
| VANGUARD VALUE ETF INDEX | $642,872 | 5.6% |
| CCM COMMUNITY IMPACT BD INST | $607,296 | 5.3% |
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 $538,631; recomputed $538,630.5; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $13,695; recomputed $13,694.83; 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 $524,936; recomputed $524,936; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $787,918 against a distributable amount of $524,936 (1.50×). |
| Payout deadline | Part XII undistributed income and the date it falls due | reported | Part XII reports $0 undistributed income for the year ended 31 December 2025: nothing carried into the next year, so nothing from this year falls due by 31 December 2026. |
| Holdings tie-out | The corporate-stock schedule against Part II line 10b | agrees | 658 listed holdings sum to Part II line 10b exactly; the largest is 5.6% of total assets. |
| The foundation's own answers | Part VI-B 2a, 3a, 3b, 4a and 4b, each answered | reported | All 4 answered No (3b not asked: 3a is No). |
| Filing timeliness | The e-file timestamp beside the original due date and the extension window, each with its IRC §7503 roll to the next business day | reported | Return timestamped 29 July 2026; the original due date was 15 May 2026; the six-month extension window ended 15 November 2026 (a Sunday, so 16 November 2026 under IRC §7503). Whether an extension was granted is not visible in the e-file; the timestamp is the preparer software's, not the IRS receipt. |
| Year-to-year continuity | This year's opening balances against last year's closing | not checked | Needs the prior year's return; one sealed year cannot check itself. |
A line that differs is the return’s figure beside the recomputed one, as filed and as recomputed. The return may carry a reason this page cannot read: a schedule filed on paper, an election, a later amendment. It is not a finding. The page is not indexed. It is read by whoever holds the link: the person who asked for it, and anyone the foundation sends it to, its preparer first.
Year-to-year continuity needs two filed years on record. The years, below, reads this foundation’s filed returns in order and holds each against the one before.
The calendar ahead
A payout is owed on last year’s assets, whatever this year’s market does.
Recomputed each time the page is read; not part of the seal. The seal covers the body above (forward v2, kernel@2026-09-15.1). Read against October 8, 2026.
| By | What | Amount | Basis |
|---|---|---|---|
| May 17, 2027 | Excise tax on the year ending 31 December 2026, due with that return by 15 May 2027 (a Saturday, so 17 May 2027 under IRC §7503) | $13,694 | Projected under the assumptions below |
| December 31, 2027 | Distributable amount for the year ending 31 December 2026, to be paid out | $524,935 | Projected under the assumptions below |
If net noncharitable-use assets fell 20% over the coming year: what is owed now, nothing from Part XII, is unchanged; the following year’s minimum investment return would be $430,904, $107,726 less than the projection.
The assumptions, the forward kernel proof, and what was refused
- Net noncharitable-use assets for the year ending 31 December 2026 equal this return's Part IX line 5, $10772610; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $985240.
- 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)
34366fb2c071b23b…· 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
894a87d5fbdfb5fac92b5cd8325052eda164f912aea568c12d895b69a28d6568 · recomputed now, matchesreturn Form 990-PF, IRS object
202642109349100519, schema 2025v4.2 — the file as the IRS published it hashes to 8ebd88ffbe7fde8d…source file
202642109349100519_public.xml inside 2026_TEOS_XML_08A.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 894a87d5fbdf --fetcharithmetic
kernel@2026-09-15.1 · kernel proof 72cf018f4e575539…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 = 11404263 USD let mix_cash = share(123746 USD, total_assets_fmv) let mix_savings = share(518043 USD, total_assets_fmv) let mix_government = share(675168 USD, total_assets_fmv) let mix_stock = share(5024847 USD, total_assets_fmv) let mix_bonds = share(578200 USD, total_assets_fmv) let mix_other = share(4414963 USD, total_assets_fmv) let net_noncharitable_assets = 10772610 USD let mir_filed = 538631 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 985240 USD let excise_filed = 13695 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 524936 USD let distributable_recomputed = 538631 USD - 13695 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 787918 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 = [636944 USD, 208694 USD, 189215 USD, 171685 USD, 107100 USD, 87327 USD, 76142 USD, 72174 USD, 69309 USD, 60712 USD, 42211 USD, 40838 USD, 40794 USD, 40212 USD, 40168 USD, 36907 USD, 35282 USD, 30443 USD, 30243 USD, 29418 USD, 29149 USD, 28846 USD, 24910 USD, 24550 USD, 24241 USD, 23920 USD, 23508 USD, 23303 USD, 23173 USD, 22516 USD, 22067 USD, 21963 USD, 21937 USD, 21903 USD, 21839 USD, 21455 USD, 20627 USD, 20591 USD, 20391 USD, 20151 USD, 19610 USD, 19428 USD, 19410 USD, 18965 USD, 18755 USD, 18683 USD, 18664 USD, 18424 USD, 18109 USD, 17911 USD, 17790 USD, 17521 USD, 17368 USD, 17113 USD, 16919 USD, 16517 USD, 16506 USD, 16168 USD, 15983 USD, 15851 USD, 15844 USD, 15799 USD, 15449 USD, 15412 USD, 14785 USD, 14474 USD, 14415 USD, 14275 USD, 14108 USD, 14064 USD, 14022 USD, 13955 USD, 13865 USD, 13749 USD, 13629 USD, 13372 USD, 12941 USD, 12838 USD, 12768 USD, 12699 USD, 12696 USD, 12584 USD, 12441 USD, 12100 USD, 11961 USD, 11931 USD, 11830 USD, 11652 USD, 11507 USD, 11438 USD, 11306 USD, 11293 USD, 11214 USD, 11030 USD, 10596 USD, 10418 USD, 10315 USD, 10280 USD, 10271 USD, 10263 USD, 10233 USD, 10194 USD, 10181 USD, 10130 USD, 10090 USD, 10012 USD, 9984 USD, 9979 USD, 9903 USD, 9802 USD, 9770 USD, 9541 USD, 9415 USD, 9271 USD, 9232 USD, 9210 USD, 9169 USD, 9155 USD, 9112 USD, 8879 USD, 8837 USD, 8760 USD, 8670 USD, 8580 USD, 8421 USD, 8361 USD, 8188 USD, 8022 USD, 8018 USD, 8007 USD, 7992 USD, 7949 USD, 7855 USD, 7834 USD, 7816 USD, 7815 USD, 7776 USD, 7660 USD, 7562 USD, 7515 USD, 7493 USD, 7492 USD, 7342 USD, 7290 USD, 7076 USD, 7065 USD, 7064 USD, 7019 USD, 6994 USD, 6828 USD, 6800 USD, 6766 USD, 6745 USD, 6704 USD, 6689 USD, 6612 USD, 6561 USD, 6517 USD, 6410 USD, 6348 USD, 6325 USD, 6153 USD, 5975 USD, 5876 USD, 5726 USD, 5718 USD, 5625 USD, 5571 USD, 5568 USD, 5552 USD, 5529 USD, 5526 USD, 5487 USD, 5462 USD, 5449 USD, 5402 USD, 5395 USD, 5366 USD, 5305 USD, 5183 USD, 5167 USD, 5153 USD, 5121 USD, 5090 USD, 5042 USD, 5040 USD, 4979 USD, 4940 USD, 4922 USD, 4876 USD, 4873 USD, 4844 USD, 4837 USD, 4803 USD, 4762 USD, 4689 USD, 4646 USD, 4565 USD, 4504 USD, 4488 USD, 4479 USD, 4447 USD, 4309 USD, 4303 USD, 4265 USD, 4203 USD, 4202 USD, 4200 USD, 4193 USD, 4168 USD, 4165 USD, 4144 USD, 4140 USD, 4104 USD, 4084 USD, 4059 USD, 3990 USD, 3905 USD, 3888 USD, 3872 USD, 3853 USD, 3809 USD, 3745 USD, 3742 USD, 3739 USD, 3667 USD, 3629 USD, 3548 USD, 3528 USD, 3522 USD, 3473 USD, 3464 USD, 3432 USD, 3421 USD, 3401 USD, 3392 USD, 3381 USD, 3373 USD, 3328 USD, 3288 USD, 3278 USD, 3256 USD, 3181 USD, 3179 USD, 3169 USD, 3154 USD, 3133 USD, 3093 USD, 3090 USD, 3088 USD, 3087 USD, 3080 USD, 3080 USD, 3076 USD, 3067 USD, 3065 USD, 3065 USD, 3040 USD, 3000 USD, 2975 USD, 2964 USD, 2953 USD, 2941 USD, 2927 USD, 2920 USD, 2917 USD, 2903 USD, 2901 USD, 2889 USD, 2870 USD, 2866 USD, 2859 USD, 2852 USD, 2848 USD, 2823 USD, 2792 USD, 2791 USD, 2788 USD, 2787 USD, 2777 USD, 2776 USD, 2763 USD, 2760 USD, 2755 USD, 2754 USD, 2753 USD, 2750 USD, 2741 USD, 2733 USD, 2720 USD, 2719 USD, 2717 USD, 2714 USD, 2709 USD, 2706 USD, 2706 USD, 2693 USD, 2686 USD, 2683 USD, 2672 USD, 2647 USD, 2644 USD, 2642 USD, 2641 USD, 2633 USD, 2628 USD, 2625 USD, 2604 USD, 2598 USD, 2588 USD, 2584 USD, 2584 USD, 2572 USD, 2572 USD, 2560 USD, 2532 USD, 2530 USD, 2529 USD, 2518 USD, 2514 USD, 2505 USD, 2491 USD, 2490 USD, 2484 USD, 2478 USD, 2470 USD, 2464 USD, 2454 USD, 2452 USD, 2437 USD, 2434 USD, 2429 USD, 2428 USD, 2420 USD, 2419 USD, 2415 USD, 2413 USD, 2409 USD, 2409 USD, 2384 USD, 2374 USD, 2363 USD, 2348 USD, 2334 USD, 2333 USD, 2321 USD, 2311 USD, 2300 USD, 2300 USD, 2296 USD, 2293 USD, 2284 USD, 2283 USD, 2282 USD, 2272 USD, 2266 USD, 2266 USD, 2260 USD, 2249 USD, 2247 USD, 2242 USD, 2232 USD, 2226 USD, 2198 USD, 2195 USD, 2182 USD, 2179 USD, 2173 USD, 2172 USD, 2166 USD, 2150 USD, 2139 USD, 2135 USD, 2134 USD, 2131 USD, 2129 USD, 2123 USD, 2122 USD, 2122 USD, 2118 USD, 2118 USD, 2104 USD, 2101 USD, 2098 USD, 2094 USD, 2093 USD, 2090 USD, 2088 USD, 2076 USD, 2070 USD, 2069 USD, 2053 USD, 2046 USD, 2040 USD, 2039 USD, 2038 USD, 2029 USD, 2018 USD, 2018 USD, 2014 USD, 2013 USD, 2011 USD, 2010 USD, 2009 USD, 2009 USD, 2008 USD, 1992 USD, 1991 USD, 1986 USD, 1983 USD, 1980 USD, 1978 USD, 1970 USD, 1968 USD, 1960 USD, 1957 USD, 1957 USD, 1957 USD, 1954 USD, 1953 USD, 1953 USD, 1942 USD, 1942 USD, 1936 USD, 1934 USD, 1931 USD, 1929 USD, 1927 USD, 1924 USD, 1916 USD, 1912 USD, 1909 USD, 1906 USD, 1905 USD, 1898 USD, 1897 USD, 1891 USD, 1887 USD, 1883 USD, 1867 USD, 1866 USD, 1861 USD, 1847 USD, 1843 USD, 1839 USD, 1839 USD, 1835 USD, 1835 USD, 1834 USD, 1833 USD, 1829 USD, 1824 USD, 1823 USD, 1820 USD, 1820 USD, 1816 USD, 1813 USD, 1812 USD, 1806 USD, 1797 USD, 1793 USD, 1786 USD, 1786 USD, 1786 USD, 1786 USD, 1784 USD, 1778 USD, 1776 USD, 1771 USD, 1769 USD, 1757 USD, 1757 USD, 1756 USD, 1751 USD, 1749 USD, 1748 USD, … (8287 characters; the full program is in the body below)
{
"mix": [
{
"fmv": "123746",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.0108508546321669361711493324908"
},
{
"fmv": "518043",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0454253817190992526215854544919"
},
{
"fmv": "675168",
"line": "government",
"label": "U.S. and state government obligations (line 10a)",
"share": "0.0592031243053584435925407893522"
},
{
"fmv": "5024847",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.440611287200233807305215602271"
},
{
"fmv": "578200",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.0507003389872716895427613340731"
},
{
"fmv": "4414963",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.387132688890110654235175039369"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "921944355",
"name": "A&L BERG 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": "538631",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "0.5",
"recomputed": "538630.5"
},
{
"id": "excise_tax",
"note": null,
"filed": "13695",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "0.164",
"recomputed": "13694.836"
},
{
"id": "distributable_amount",
"note": null,
"filed": "524936",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "524936"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "985240",
"grossInvestmentIncome": "1059616",
"netNoncharitableAssets": "10772610",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2025-12-31",
"days": 365,
"begin": "2025-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202642109349100519",
"returnTs": "2026-07-29T15:05:52-05:00",
"operating": false,
"sourceSha256": "8ebd88ffbe7fde8d8479bd936af6f9c3c9bdb432453a846b0a386dbaefa30d57",
"returnVersion": "2025v4.2",
"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 = 11404263 USD\nlet mix_cash = share(123746 USD, total_assets_fmv)\nlet mix_savings = share(518043 USD, total_assets_fmv)\nlet mix_government = share(675168 USD, total_assets_fmv)\nlet mix_stock = share(5024847 USD, total_assets_fmv)\nlet mix_bonds = share(578200 USD, total_assets_fmv)\nlet mix_other = share(4414963 USD, total_assets_fmv)\nlet net_noncharitable_assets = 10772610 USD\nlet mir_filed = 538631 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 985240 USD\nlet excise_filed = 13695 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 524936 USD\nlet distributable_recomputed = 538631 USD - 13695 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 787918 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 = [636944 USD, 208694 USD, 189215 USD, 171685 USD, 107100 USD, 87327 USD, 76142 USD, 72174 USD, 69309 USD, 60712 USD, 42211 USD, 40838 USD, 40794 USD, 40212 USD, 40168 USD, 36907 USD, 35282 USD, 30443 USD, 30243 USD, 29418 USD, 29149 USD, 28846 USD, 24910 USD, 24550 USD, 24241 USD, 23920 USD, 23508 USD, 23303 USD, 23173 USD, 22516 USD, 22067 USD, 21963 USD, 21937 USD, 21903 USD, 21839 USD, 21455 USD, 20627 USD, 20591 USD, 20391 USD, 20151 USD, 19610 USD, 19428 USD, 19410 USD, 18965 USD, 18755 USD, 18683 USD, 18664 USD, 18424 USD, 18109 USD, 17911 USD, 17790 USD, 17521 USD, 17368 USD, 17113 USD, 16919 USD, 16517 USD, 16506 USD, 16168 USD, 15983 USD, 15851 USD, 15844 USD, 15799 USD, 15449 USD, 15412 USD, 14785 USD, 14474 USD, 14415 USD, 14275 USD, 14108 USD, 14064 USD, 14022 USD, 13955 USD, 13865 USD, 13749 USD, 13629 USD, 13372 USD, 12941 USD, 12838 USD, 12768 USD, 12699 USD, 12696 USD, 12584 USD, 12441 USD, 12100 USD, 11961 USD, 11931 USD, 11830 USD, 11652 USD, 11507 USD, 11438 USD, 11306 USD, 11293 USD, 11214 USD, 11030 USD, 10596 USD, 10418 USD, 10315 USD, 10280 USD, 10271 USD, 10263 USD, 10233 USD, 10194 USD, 10181 USD, 10130 USD, 10090 USD, 10012 USD, 9984 USD, 9979 USD, 9903 USD, 9802 USD, 9770 USD, 9541 USD, 9415 USD, 9271 USD, 9232 USD, 9210 USD, 9169 USD, 9155 USD, 9112 USD, 8879 USD, 8837 USD, 8760 USD, 8670 USD, 8580 USD, 8421 USD, 8361 USD, 8188 USD, 8022 USD, 8018 USD, 8007 USD, 7992 USD, 7949 USD, 7855 USD, 7834 USD, 7816 USD, 7815 USD, 7776 USD, 7660 USD, 7562 USD, 7515 USD, 7493 USD, 7492 USD, 7342 USD, 7290 USD, 7076 USD, 7065 USD, 7064 USD, 7019 USD, 6994 USD, 6828 USD, 6800 USD, 6766 USD, 6745 USD, 6704 USD, 6689 USD, 6612 USD, 6561 USD, 6517 USD, 6410 USD, 6348 USD, 6325 USD, 6153 USD, 5975 USD, 5876 USD, 5726 USD, 5718 USD, 5625 USD, 5571 USD, 5568 USD, 5552 USD, 5529 USD, 5526 USD, 5487 USD, 5462 USD, 5449 USD, 5402 USD, 5395 USD, 5366 USD, 5305 USD, 5183 USD, 5167 USD, 5153 USD, 5121 USD, 5090 USD, 5042 USD, 5040 USD, 4979 USD, 4940 USD, 4922 USD, 4876 USD, 4873 USD, 4844 USD, 4837 USD, 4803 USD, 4762 USD, 4689 USD, 4646 USD, 4565 USD, 4504 USD, 4488 USD, 4479 USD, 4447 USD, 4309 USD, 4303 USD, 4265 USD, 4203 USD, 4202 USD, 4200 USD, 4193 USD, 4168 USD, 4165 USD, 4144 USD, 4140 USD, 4104 USD, 4084 USD, 4059 USD, 3990 USD, 3905 USD, 3888 USD, 3872 USD, 3853 USD, 3809 USD, 3745 USD, 3742 USD, 3739 USD, 3667 USD, 3629 USD, 3548 USD, 3528 USD, 3522 USD, 3473 USD, 3464 USD, 3432 USD, 3421 USD, 3401 USD, 3392 USD, 3381 USD, 3373 USD, 3328 USD, 3288 USD, 3278 USD, 3256 USD, 3181 USD, 3179 USD, 3169 USD, 3154 USD, 3133 USD, 3093 USD, 3090 USD, 3088 USD, 3087 USD, 3080 USD, 3080 USD, 3076 USD, 3067 USD, 3065 USD, 3065 USD, 3040 USD, 3000 USD, 2975 USD, 2964 USD, 2953 USD, 2941 USD, 2927 USD, 2920 USD, 2917 USD, 2903 USD, 2901 USD, 2889 USD, 2870 USD, 2866 USD, 2859 USD, 2852 USD, 2848 USD, 2823 USD, 2792 USD, 2791 USD, 2788 USD, 2787 USD, 2777 USD, 2776 USD, 2763 USD, 2760 USD, 2755 USD, 2754 USD, 2753 USD, 2750 USD, 2741 USD, 2733 USD, 2720 USD, 2719 USD, 2717 USD, 2714 USD, 2709 USD, 2706 USD, 2706 USD, 2693 USD, 2686 USD, 2683 USD, 2672 USD, 2647 USD, 2644 USD, 2642 USD, 2641 USD, 2633 USD, 2628 USD, 2625 USD, 2604 USD, 2598 USD, 2588 USD, 2584 USD, 2584 USD, 2572 USD, 2572 USD, 2560 USD, 2532 USD, 2530 USD, 2529 USD, 2518 USD, 2514 USD, 2505 USD, 2491 USD, 2490 USD, 2484 USD, 2478 USD, 2470 USD, 2464 USD, 2454 USD, 2452 USD, 2437 USD, 2434 USD, 2429 USD, 2428 USD, 2420 USD, 2419 USD, 2415 USD, 2413 USD, 2409 USD, 2409 USD, 2384 USD, 2374 USD, 2363 USD, 2348 USD, 2334 USD, 2333 USD, 2321 USD, 2311 USD, 2300 USD, 2300 USD, 2296 USD, 2293 USD, 2284 USD, 2283 USD, 2282 USD, 2272 USD, 2266 USD, 2266 USD, 2260 USD, 2249 USD, 2247 USD, 2242 USD, 2232 USD, 2226 USD, 2198 USD, 2195 USD, 2182 USD, 2179 USD, 2173 USD, 2172 USD, 2166 USD, 2150 USD, 2139 USD, 2135 USD, 2134 USD, 2131 USD, 2129 USD, 2123 USD, 2122 USD, 2122 USD, 2118 USD, 2118 USD, 2104 USD, 2101 USD, 2098 USD, 2094 USD, 2093 USD, 2090 USD, 2088 USD, 2076 USD, 2070 USD, 2069 USD, 2053 USD, 2046 USD, 2040 USD, 2039 USD, 2038 USD, 2029 USD, 2018 USD, 2018 USD, 2014 USD, 2013 USD, 2011 USD, 2010 USD, 2009 USD, 2009 USD, 2008 USD, 1992 USD, 1991 USD, 1986 USD, 1983 USD, 1980 USD, 1978 USD, 1970 USD, 1968 USD, 1960 USD, 1957 USD, 1957 USD, 1957 USD, 1954 USD, 1953 USD, 1953 USD, 1942 USD, 1942 USD, 1936 USD, 1934 USD, 1931 USD, 1929 USD, 1927 USD, 1924 USD, 1916 USD, 1912 USD, 1909 USD, 1906 USD, 1905 USD, 1898 USD, 1897 USD, 1891 USD, 1887 USD, 1883 USD, 1867 USD, 1866 USD, 1861 USD, 1847 USD, 1843 USD, 1839 USD, 1839 USD, 1835 USD, 1835 USD, 1834 USD, 1833 USD, 1829 USD, 1824 USD, 1823 USD, 1820 USD, 1820 USD, 1816 USD, 1813 USD, 1812 USD, 1806 USD, 1797 USD, 1793 USD, 1786 USD, 1786 USD, 1786 USD, 1786 USD, 1784 USD, 1778 USD, 1776 USD, 1771 USD, 1769 USD, 1757 USD, 1757 USD, 1756 USD, 1751 USD, 1749 USD, 1748 USD, 1742 USD, 1736 USD, 1735 USD, 1733 USD, 1733 USD, 1729 USD, 1725 USD, 1725 USD, 1723 USD, 1721 USD, 1717 USD, 1715 USD, 1712 USD, 1710 USD, 1708 USD, 1702 USD, 1700 USD, 1698 USD, 1696 USD, 1695 USD, 1691 USD, 1686 USD, 1685 USD, 1683 USD, 1679 USD, 1670 USD, 1669 USD, 1667 USD, 1663 USD, 1662 USD, 1654 USD, 1651 USD, 1649 USD, 1642 USD, 1635 USD, 1633 USD, 1631 USD, 1623 USD, 1622 USD, 1621 USD, 1615 USD, 1611 USD, 1609 USD, 1596 USD, 1593 USD, 1583 USD, 1574 USD, 1572 USD, 1566 USD, 1563 USD, 1562 USD, 1561 USD, 1559 USD, 1547 USD, 1546 USD, 1543 USD, 1541 USD, 1539 USD, 1538 USD, 1533 USD, 1529 USD, 1527 USD, 1524 USD, 1523 USD, 1520 USD, 1519 USD, 1519 USD, 1517 USD, 1510 USD, 1500 USD, 1499 USD, 1494 USD, 1486 USD, 1485 USD, 1479 USD, 1478 USD, 1475 USD, 1470 USD, 1470 USD, 1468 USD, 1462 USD, 1461 USD, 1459 USD, 1458 USD, 1457 USD, 1456 USD, 1445 USD, 1445 USD, 1443 USD, 1443 USD, 1439 USD, 1437 USD, 1421 USD, 1413 USD, 1412 USD, 1411 USD, 1399 USD, 1393 USD, 1392 USD, 1389 USD, 1387 USD, 1386 USD, 1383 USD, 1380 USD, 1379 USD, 1374 USD, 1373 USD, 1369 USD, 1365 USD, 1362 USD, 1359 USD, 1350 USD, 1348 USD, 1348 USD, 1339 USD, 1336 USD, 1332 USD, 1331 USD, 1326 USD, 1325 USD, 1319 USD, 1316 USD, 1308 USD, 1306 USD, 1296 USD, 1283 USD, 1269 USD, 1259 USD, 1238 USD, 1235 USD, 1231 USD, 1229 USD, 1215 USD, 1215 USD, 1214 USD, 1213 USD, 1207 USD, 1206 USD, 1204 USD, 1200 USD, 1195 USD, 1192 USD, 1192 USD, 1181 USD, 1180 USD, 1166 USD, 1143 USD, 1142 USD, 1123 USD, 1116 USD, 1114 USD, 1096 USD, 1090 USD, 1085 USD, 1075 USD, 1061 USD, 1050 USD, 1046 USD, 1044 USD, 1032 USD, 1011 USD, 1009 USD, 996 USD, 974 USD, 964 USD, 947 USD, 926 USD, 907 USD, 894 USD, 872 USD, 858 USD, 838 USD, 835 USD, 826 USD, 773 USD, 760 USD, 628 USD, 555 USD, 539 USD, 389 USD, 112 USD, 31 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([636944 USD, 208694 USD, 189215 USD, 171685 USD, 107100 USD, 87327 USD, 76142 USD, 72174 USD, 69309 USD, 60712 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": "0.0108508546321669361711493324908",
"mir_filed": "538631 USD",
"mix_bonds": "0.0507003389872716895427613340731",
"mix_other": "0.387132688890110654235175039369",
"mix_stock": "0.440611287200233807305215602271",
"mix_savings": "0.0454253817190992526215854544919",
"payout_rate": "0.0731408637275460635816204243911",
"stock_count": "658",
"excise_filed": "13695 USD",
"largest_stock": "636944 USD",
"mir_difference": "0.5 USD",
"mir_recomputed": "538630.5 USD",
"mix_government": "0.0592031243053584435925407893522",
"payout_coverage": "1.50097916698416568876967858939",
"total_assets_fmv": "11404263 USD",
"excise_difference": "0.164 USD",
"excise_recomputed": "13694.836 USD",
"distributable_filed": "524936 USD",
"stock_concentration": "0.023683206419443109927981465821",
"top10_share_of_stock": "0.3341996283667940536298916166",
"net_investment_income": "985240 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "524936 USD",
"effective_stock_holdings": "42.2240123355524143284673215958",
"net_noncharitable_assets": "10772610 USD",
"qualifying_distributions": "787918 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.055851395219489413739406044915",
"largest_stock_halved_share_of_assets": "0.0279256976097447068697030224575"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "636944",
"name": "APOLLOGLOBAL MGMT INC CL A(APO)",
"shareOfAssets": "0.055851395219489413739406044915"
},
{
"fmv": "208694",
"name": "NVIDIA CORPORATION (NVDA)",
"shareOfAssets": "0.0182996481228116187779955618351"
},
{
"fmv": "189215",
"name": "APPLE INC",
"shareOfAssets": "0.0165916026314019590744268174103"
},
{
"fmv": "171685",
"name": "MICROSOFT CORP (MSFT)",
"shareOfAssets": "0.0150544581442921826688844338297"
},
{
"fmv": "107100",
"name": "AMAZON COM INC",
"shareOfAssets": "0.0093912250182234485472669299191"
},
{
"fmv": "87327",
"name": "ALPHABET INC CL A",
"shareOfAssets": "0.00765739969343043035749000176513"
},
{
"fmv": "76142",
"name": "BROADCOM INC",
"shareOfAssets": "0.00667662610025742128184872621756"
},
{
"fmv": "72174",
"name": "ALPHABET INC CL C",
"shareOfAssets": "0.00632868603609018837955596078414"
},
{
"fmv": "69309",
"name": "META PLATFORMS INC CL A(META)",
"shareOfAssets": "0.0060774641903646031313027417905"
},
{
"fmv": "60712",
"name": "TESLA INC (TSLA)",
"shareOfAssets": "0.00532362328017163406350765498831"
}
],
"count": 658,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "72cf018f4e575539a916739e771fd3c3314be00db95694bfe90efcb937836d82",
"otherInvestments": [
{
"fmv": "686021",
"name": "VANGUARD INTL EQUITY INDEX FD",
"shareOfAssets": "0.0601547859778400410443007145661"
},
{
"fmv": "676346",
"name": "ISHARES RUSSELL 1000 GRW ETF",
"shareOfAssets": "0.0593064190119080908604089540902"
},
{
"fmv": "654608",
"name": "PERMANENT PORTFOLIO INC",
"shareOfAssets": "0.0574002896986854827883222265218"
},
{
"fmv": "642872",
"name": "VANGUARD VALUE ETF INDEX",
"shareOfAssets": "0.0563712008395457032164200352096"
},
{
"fmv": "607296",
"name": "CCM COMMUNITY IMPACT BD INST",
"shareOfAssets": "0.0532516656271431130621943741564"
}
]
}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.