Sealed proof · filed Form 990-PF
JUDITH ANN MOGAN FOUNDATION
EIN 84-4560891, 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 October 24, 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 distributions1.01×
the distributable amount (Part XI ÷ Part X)
Carried to next year$0
undistributed income, Part XII: nothing carried into the next year
Distributions as a rate4.9%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$37.6M
end of the tax year, Part II
Largest listed stock12.2%
VANGUARD RUSSELL 1000 GROWTH
If that stock halved−6.1%
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
JUDITH ANN MOGAN 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/a4f3c3f8eb63 — 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) | $1,815,072 | $1,815,071.75 | recomputes, within the form's whole-dollar rounding (difference $0.25) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $52,887 | $52,886.6644 | recomputes, within the form's whole-dollar rounding (difference $0.3356) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $1,762,185 | $1,762,185 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $104,977 | 0.3% |
| Savings and temporary cash investments (line 2) | $588,081 | 1.6% |
| U.S. and state government obligations (line 10a) | $1.3M | 3.4% |
| Corporate stock (line 10b) | $23.3M | 62.0% |
| Corporate bonds (line 10c) | $9.3M | 24.8% |
| Other investments (line 13) | $3M | 7.9% |
The ten largest listed stocks, of 406 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 11.0 equal holdings; the ten largest are 67.1% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| VANGUARD RUSSELL 1000 GROWTH | $4.6M | 12.2% |
| VANGUARD RUSSELL 1000 VAL ETF | $3.2M | 8.6% |
| ISHARES 7-10 YR TREASRY BD ETF | $3M | 8.0% |
| ISHARES CORE MSCI INT DEVP MAR | $2.7M | 7.2% |
| ISHARES CORE MSCI EMERGING | $833,483 | 2.2% |
| VANGUARD SHORT-TERM TREASURY | $552,128 | 1.5% |
| MICROSOFT CORP | $210,329 | 0.6% |
| NVIDIA CORPORATION | $199,421 | 0.5% |
| AMAZON COM INC | $171,124 | 0.5% |
| JPMORGAN CHASE & CO | $145,744 | 0.4% |
Largest other investments (line 13), as listed
| PE PREMIER BLKSTONE SP IX | $572,981 | 1.5% |
| HCF VI ACCESS FUND | $543,748 | 1.4% |
| CORTLAND ENHANCED VALUE FUND V LP | $458,436 | 1.2% |
| BLACKSTONE BCRED | $445,540 | 1.2% |
| STEPSTONE VC V OFFSHORE | $352,425 | 0.9% |
What the foundation answered on the form
- Part VI-B 4a: did the foundation invest during the year in a manner that would jeopardize its charitable purposes? No
- Part VI-B 4b: did it make any investment in a prior year that could jeopardize its charitable purpose and that had not been removed from jeopardy? No
- Part VI-B 3a: did it hold more than a 2% direct or indirect interest in any business enterprise? No
- Part VI-B 3b: did it have excess business holdings? Not answered (3a is “No”, so the form does not ask 3b. Our note; not part of the seal.)
- Part VI-B 2a: did it have undistributed income for prior years? No
Quoted as filed. These are the foundation’s own answers; this page does not test them.
Control statement · nine controls
Nine controls, read from the return.
Each control reads one part of the filed return and states a fact in a fixed vocabulary: agrees, differs, reported, not reported, not applicable, not checked. Whether any of it met a requirement is counsel’s question, not this page’s.
Recomputed each time the page is read; not part of the seal. The seal covers the body above (controls v2, kernel@2026-09-15.1).
This return: 4 agree, 4 reported, 1 not checked.
| Control | Reads | Result | Detail |
|---|---|---|---|
| Minimum investment return | Part IX line 6 against 5% of line 5, prorated for a short year | agrees | Filed $1,815,072; recomputed $1,815,071.75; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $52,887; recomputed $52,886.66; 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 $1,762,185; recomputed $1,762,185; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $1,781,100 against a distributable amount of $1,762,185 (1.01×). |
| 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 | 406 listed holdings sum to Part II line 10b exactly; the largest is 12.2% 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 24 October 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. | $52,886 | Projected under the assumptions below |
| December 31, 2026 | Distributable amount for the year ending 31 December 2025, to be paid out | $1,762,185 | 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 $1,452,057, $363,014 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, $36301435; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $3804796.
- 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)
b08d24fc1169a7c1…· 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
a4f3c3f8eb634a08567acf5dce24f043971c0bddc361b8894ea6e5201e511315 · recomputed now, matchesreturn Form 990-PF, IRS object
202532979349100223, schema 2024v5.2 — the file as the IRS published it hashes to e95022a239407456…source file
202532979349100223_public.xml inside 2025_TEOS_XML_11C.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py a4f3c3f8eb63 --fetcharithmetic
kernel@2026-09-15.1 · kernel proof 02c1a51b9bd95520…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 = 37643038 USD let mix_cash = share(104977 USD, total_assets_fmv) let mix_savings = share(588081 USD, total_assets_fmv) let mix_government = share(1293489 USD, total_assets_fmv) let mix_stock = share(23348087 USD, total_assets_fmv) let mix_bonds = share(9321504 USD, total_assets_fmv) let mix_other = share(2967757 USD, total_assets_fmv) let net_noncharitable_assets = 36301435 USD let mir_filed = 1815072 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 3804796 USD let excise_filed = 52887 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 1762185 USD let distributable_recomputed = 1815072 USD - 52887 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 1781100 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 = [4595817 USD, 3224244 USD, 3014795 USD, 2712704 USD, 833483 USD, 552128 USD, 210329 USD, 199421 USD, 171124 USD, 145744 USD, 105951 USD, 103674 USD, 92000 USD, 89858 USD, 87158 USD, 76891 USD, 72004 USD, 71969 USD, 66855 USD, 65420 USD, 65389 USD, 65056 USD, 64572 USD, 64406 USD, 59996 USD, 59798 USD, 59574 USD, 58491 USD, 57373 USD, 56149 USD, 54107 USD, 52403 USD, 51724 USD, 50784 USD, 49408 USD, 48977 USD, 48882 USD, 48598 USD, 48316 USD, 48233 USD, 44639 USD, 44376 USD, 43713 USD, 41596 USD, 41352 USD, 40892 USD, 40254 USD, 39971 USD, 39789 USD, 39425 USD, 37429 USD, 37395 USD, 37109 USD, 36968 USD, 36004 USD, 35999 USD, 35928 USD, 35755 USD, 35626 USD, 35142 USD, 34715 USD, 33990 USD, 33842 USD, 33362 USD, 33168 USD, 32856 USD, 32149 USD, 31945 USD, 31665 USD, 31582 USD, 31504 USD, 31438 USD, 30962 USD, 30646 USD, 30530 USD, 30459 USD, 29571 USD, 29522 USD, 29281 USD, 29210 USD, 29173 USD, 29100 USD, 28888 USD, 28732 USD, 28568 USD, 28091 USD, 28061 USD, 27411 USD, 27278 USD, 26646 USD, 26573 USD, 26401 USD, 26369 USD, 26266 USD, 26170 USD, 25959 USD, 25818 USD, 25756 USD, 25515 USD, 25495 USD, 25465 USD, 25168 USD, 24992 USD, 24729 USD, 24659 USD, 24366 USD, 24205 USD, 23755 USD, 23611 USD, 23608 USD, 23331 USD, 23097 USD, 23054 USD, 23032 USD, 22819 USD, 22814 USD, 22801 USD, 22769 USD, 22752 USD, 22696 USD, 22552 USD, 22537 USD, 22488 USD, 22381 USD, 22371 USD, 22050 USD, 21871 USD, 21870 USD, 21765 USD, 21716 USD, 21716 USD, 21616 USD, 21380 USD, 20956 USD, 20884 USD, 20848 USD, 20798 USD, 20704 USD, 20346 USD, 20270 USD, 20251 USD, 20236 USD, 20113 USD, 20048 USD, 20046 USD, 20022 USD, 19930 USD, 19763 USD, 19707 USD, 19300 USD, 18975 USD, 18752 USD, 18391 USD, 17979 USD, 17972 USD, 17774 USD, 17759 USD, 17747 USD, 17747 USD, 17728 USD, 17418 USD, 17409 USD, 17346 USD, 17315 USD, 17310 USD, 17303 USD, 17110 USD, 16935 USD, 16922 USD, 16879 USD, 16825 USD, 16764 USD, 16733 USD, 16711 USD, 16685 USD, 16651 USD, 16650 USD, 16645 USD, 16548 USD, 16483 USD, 16457 USD, 16382 USD, 16362 USD, 16335 USD, 16313 USD, 16289 USD, 16056 USD, 16041 USD, 15937 USD, 15770 USD, 15767 USD, 15764 USD, 15730 USD, 15488 USD, 15359 USD, 15327 USD, 15156 USD, 15109 USD, 15081 USD, 15026 USD, 14930 USD, 14834 USD, 14834 USD, 14720 USD, 14645 USD, 14643 USD, 14588 USD, 14511 USD, 14510 USD, 14490 USD, 14476 USD, 14434 USD, 14410 USD, 14405 USD, 14394 USD, 14384 USD, 14369 USD, 14179 USD, 14154 USD, 14154 USD, 14135 USD, 14070 USD, 14034 USD, 14029 USD, 14022 USD, 13954 USD, 13800 USD, 13731 USD, 13625 USD, 13620 USD, 13439 USD, 13149 USD, 12974 USD, 12932 USD, 12831 USD, 12736 USD, 12693 USD, 12611 USD, 12438 USD, 12389 USD, 12352 USD, 12348 USD, 12201 USD, 12109 USD, 12018 USD, 11833 USD, 11706 USD, 11663 USD, 11651 USD, 11605 USD, 11571 USD, 11543 USD, 11470 USD, 11367 USD, 11314 USD, 11299 USD, 11280 USD, 11272 USD, 11266 USD, 11263 USD, 11232 USD, 11182 USD, 11164 USD, 11157 USD, 11129 USD, 11120 USD, 11102 USD, 11062 USD, 11036 USD, 10957 USD, 10921 USD, 10902 USD, 10857 USD, 10831 USD, 10813 USD, 10761 USD, 10739 USD, 10554 USD, 10483 USD, 10373 USD, 10369 USD, 9861 USD, 9858 USD, 9790 USD, 9266 USD, 9236 USD, 9164 USD, 9144 USD, 9044 USD, 8910 USD, 8871 USD, 8831 USD, 8715 USD, 8691 USD, 8683 USD, 8674 USD, 8644 USD, 8627 USD, 8618 USD, 8610 USD, 8594 USD, 8592 USD, 8577 USD, 8574 USD, 8574 USD, 8537 USD, 8535 USD, 8519 USD, 8487 USD, 8443 USD, 8442 USD, 8434 USD, 8422 USD, 8417 USD, 8415 USD, 8387 USD, 8375 USD, 8352 USD, 8349 USD, 8335 USD, 8327 USD, 8292 USD, 8274 USD, 8261 USD, 8205 USD, 8118 USD, 8117 USD, 8105 USD, 8094 USD, 8087 USD, 8086 USD, 8078 USD, 7952 USD, 7910 USD, 7839 USD, 7825 USD, 7692 USD, 7682 USD, 7674 USD, 7547 USD, 7503 USD, 7452 USD, 7369 USD, 7338 USD, 7302 USD, 6982 USD, 6845 USD, 6616 USD, 6142 USD, 6137 USD, 6096 USD, 5975 USD, 5940 USD, 5938 USD, 5917 USD, 5850 USD, 5841 USD, 5808 USD, 5739 USD, 5694 USD, 5670 USD, 5660 USD, 5645 USD, 5633 USD, 5630 USD, 5591 USD, 5578 USD, 5569 USD, 5554 USD, 5544 USD, 5509 USD, 5499 USD, 5404 USD, 5391 USD, 5357 USD, 5347 USD, 5323 USD, 5269 USD, 5215 USD, 5213 USD, 5130 USD, 5094 USD, 5052 USD, 5041 USD, 5031 USD, 4766 USD, 4744 USD, 4733 USD, 4477 USD, 3325 USD, 3286 USD, 3257 USD, 2993 USD, 2869 USD, 2847 USD, 2838 USD, 2838 USD, 2836 USD, 2778 USD, 2773 USD, 2746 USD, 2739 USD, 2738 USD, 2723 USD, 2608 USD, 2520 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([4595817 USD, 3224244 USD, 3014795 USD, 2712704 USD, 833483 USD, 552128 USD, 210329 USD, 199421 USD, 171124 USD, 145744 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": "104977",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.00278874940965179271662398768133"
},
{
"fmv": "588081",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0156225701018074045989593082259"
},
{
"fmv": "1293489",
"line": "government",
"label": "U.S. and state government obligations (line 10a)",
"share": "0.0343619715284403984609318727144"
},
{
"fmv": "23348087",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.620249805555013917845844429453"
},
{
"fmv": "9321504",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.247628897540097587235121671104"
},
{
"fmv": "2967757",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.0788394656138008839775365633348"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "844560891",
"name": "JUDITH ANN MOGAN 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": "1815072",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "0.25",
"recomputed": "1815071.75"
},
{
"id": "excise_tax",
"note": null,
"filed": "52887",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "0.3356",
"recomputed": "52886.6644"
},
{
"id": "distributable_amount",
"note": null,
"filed": "1762185",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "1762185"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "3804796",
"grossInvestmentIncome": "4214504",
"netNoncharitableAssets": "36301435",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2024-12-31",
"days": 366,
"begin": "2024-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202532979349100223",
"returnTs": "2025-10-24T12:29:54-05:00",
"operating": false,
"sourceSha256": "e95022a2394074564f1be263e0cafb826f34dbb4302d1dd99dec3b3735bdc8fb",
"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 = 37643038 USD\nlet mix_cash = share(104977 USD, total_assets_fmv)\nlet mix_savings = share(588081 USD, total_assets_fmv)\nlet mix_government = share(1293489 USD, total_assets_fmv)\nlet mix_stock = share(23348087 USD, total_assets_fmv)\nlet mix_bonds = share(9321504 USD, total_assets_fmv)\nlet mix_other = share(2967757 USD, total_assets_fmv)\nlet net_noncharitable_assets = 36301435 USD\nlet mir_filed = 1815072 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 3804796 USD\nlet excise_filed = 52887 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 1762185 USD\nlet distributable_recomputed = 1815072 USD - 52887 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 1781100 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 = [4595817 USD, 3224244 USD, 3014795 USD, 2712704 USD, 833483 USD, 552128 USD, 210329 USD, 199421 USD, 171124 USD, 145744 USD, 105951 USD, 103674 USD, 92000 USD, 89858 USD, 87158 USD, 76891 USD, 72004 USD, 71969 USD, 66855 USD, 65420 USD, 65389 USD, 65056 USD, 64572 USD, 64406 USD, 59996 USD, 59798 USD, 59574 USD, 58491 USD, 57373 USD, 56149 USD, 54107 USD, 52403 USD, 51724 USD, 50784 USD, 49408 USD, 48977 USD, 48882 USD, 48598 USD, 48316 USD, 48233 USD, 44639 USD, 44376 USD, 43713 USD, 41596 USD, 41352 USD, 40892 USD, 40254 USD, 39971 USD, 39789 USD, 39425 USD, 37429 USD, 37395 USD, 37109 USD, 36968 USD, 36004 USD, 35999 USD, 35928 USD, 35755 USD, 35626 USD, 35142 USD, 34715 USD, 33990 USD, 33842 USD, 33362 USD, 33168 USD, 32856 USD, 32149 USD, 31945 USD, 31665 USD, 31582 USD, 31504 USD, 31438 USD, 30962 USD, 30646 USD, 30530 USD, 30459 USD, 29571 USD, 29522 USD, 29281 USD, 29210 USD, 29173 USD, 29100 USD, 28888 USD, 28732 USD, 28568 USD, 28091 USD, 28061 USD, 27411 USD, 27278 USD, 26646 USD, 26573 USD, 26401 USD, 26369 USD, 26266 USD, 26170 USD, 25959 USD, 25818 USD, 25756 USD, 25515 USD, 25495 USD, 25465 USD, 25168 USD, 24992 USD, 24729 USD, 24659 USD, 24366 USD, 24205 USD, 23755 USD, 23611 USD, 23608 USD, 23331 USD, 23097 USD, 23054 USD, 23032 USD, 22819 USD, 22814 USD, 22801 USD, 22769 USD, 22752 USD, 22696 USD, 22552 USD, 22537 USD, 22488 USD, 22381 USD, 22371 USD, 22050 USD, 21871 USD, 21870 USD, 21765 USD, 21716 USD, 21716 USD, 21616 USD, 21380 USD, 20956 USD, 20884 USD, 20848 USD, 20798 USD, 20704 USD, 20346 USD, 20270 USD, 20251 USD, 20236 USD, 20113 USD, 20048 USD, 20046 USD, 20022 USD, 19930 USD, 19763 USD, 19707 USD, 19300 USD, 18975 USD, 18752 USD, 18391 USD, 17979 USD, 17972 USD, 17774 USD, 17759 USD, 17747 USD, 17747 USD, 17728 USD, 17418 USD, 17409 USD, 17346 USD, 17315 USD, 17310 USD, 17303 USD, 17110 USD, 16935 USD, 16922 USD, 16879 USD, 16825 USD, 16764 USD, 16733 USD, 16711 USD, 16685 USD, 16651 USD, 16650 USD, 16645 USD, 16548 USD, 16483 USD, 16457 USD, 16382 USD, 16362 USD, 16335 USD, 16313 USD, 16289 USD, 16056 USD, 16041 USD, 15937 USD, 15770 USD, 15767 USD, 15764 USD, 15730 USD, 15488 USD, 15359 USD, 15327 USD, 15156 USD, 15109 USD, 15081 USD, 15026 USD, 14930 USD, 14834 USD, 14834 USD, 14720 USD, 14645 USD, 14643 USD, 14588 USD, 14511 USD, 14510 USD, 14490 USD, 14476 USD, 14434 USD, 14410 USD, 14405 USD, 14394 USD, 14384 USD, 14369 USD, 14179 USD, 14154 USD, 14154 USD, 14135 USD, 14070 USD, 14034 USD, 14029 USD, 14022 USD, 13954 USD, 13800 USD, 13731 USD, 13625 USD, 13620 USD, 13439 USD, 13149 USD, 12974 USD, 12932 USD, 12831 USD, 12736 USD, 12693 USD, 12611 USD, 12438 USD, 12389 USD, 12352 USD, 12348 USD, 12201 USD, 12109 USD, 12018 USD, 11833 USD, 11706 USD, 11663 USD, 11651 USD, 11605 USD, 11571 USD, 11543 USD, 11470 USD, 11367 USD, 11314 USD, 11299 USD, 11280 USD, 11272 USD, 11266 USD, 11263 USD, 11232 USD, 11182 USD, 11164 USD, 11157 USD, 11129 USD, 11120 USD, 11102 USD, 11062 USD, 11036 USD, 10957 USD, 10921 USD, 10902 USD, 10857 USD, 10831 USD, 10813 USD, 10761 USD, 10739 USD, 10554 USD, 10483 USD, 10373 USD, 10369 USD, 9861 USD, 9858 USD, 9790 USD, 9266 USD, 9236 USD, 9164 USD, 9144 USD, 9044 USD, 8910 USD, 8871 USD, 8831 USD, 8715 USD, 8691 USD, 8683 USD, 8674 USD, 8644 USD, 8627 USD, 8618 USD, 8610 USD, 8594 USD, 8592 USD, 8577 USD, 8574 USD, 8574 USD, 8537 USD, 8535 USD, 8519 USD, 8487 USD, 8443 USD, 8442 USD, 8434 USD, 8422 USD, 8417 USD, 8415 USD, 8387 USD, 8375 USD, 8352 USD, 8349 USD, 8335 USD, 8327 USD, 8292 USD, 8274 USD, 8261 USD, 8205 USD, 8118 USD, 8117 USD, 8105 USD, 8094 USD, 8087 USD, 8086 USD, 8078 USD, 7952 USD, 7910 USD, 7839 USD, 7825 USD, 7692 USD, 7682 USD, 7674 USD, 7547 USD, 7503 USD, 7452 USD, 7369 USD, 7338 USD, 7302 USD, 6982 USD, 6845 USD, 6616 USD, 6142 USD, 6137 USD, 6096 USD, 5975 USD, 5940 USD, 5938 USD, 5917 USD, 5850 USD, 5841 USD, 5808 USD, 5739 USD, 5694 USD, 5670 USD, 5660 USD, 5645 USD, 5633 USD, 5630 USD, 5591 USD, 5578 USD, 5569 USD, 5554 USD, 5544 USD, 5509 USD, 5499 USD, 5404 USD, 5391 USD, 5357 USD, 5347 USD, 5323 USD, 5269 USD, 5215 USD, 5213 USD, 5130 USD, 5094 USD, 5052 USD, 5041 USD, 5031 USD, 4766 USD, 4744 USD, 4733 USD, 4477 USD, 3325 USD, 3286 USD, 3257 USD, 2993 USD, 2869 USD, 2847 USD, 2838 USD, 2838 USD, 2836 USD, 2778 USD, 2773 USD, 2746 USD, 2739 USD, 2738 USD, 2723 USD, 2608 USD, 2520 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([4595817 USD, 3224244 USD, 3014795 USD, 2712704 USD, 833483 USD, 552128 USD, 210329 USD, 199421 USD, 171124 USD, 145744 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": "0.00278874940965179271662398768133",
"mir_filed": "1815072 USD",
"mix_bonds": "0.247628897540097587235121671104",
"mix_other": "0.0788394656138008839775365633348",
"mix_stock": "0.620249805555013917845844429453",
"mix_savings": "0.0156225701018074045989593082259",
"payout_rate": "0.049064176113148144143613055517",
"stock_count": "406",
"excise_filed": "52887 USD",
"largest_stock": "4595817 USD",
"mir_difference": "0.25 USD",
"mir_recomputed": "1815071.75 USD",
"mix_government": "0.0343619715284403984609318727144",
"payout_coverage": "1.0107338332808416823432273002",
"total_assets_fmv": "37643038 USD",
"excise_difference": "0.3356 USD",
"excise_recomputed": "52886.6644 USD",
"distributable_filed": "1762185 USD",
"stock_concentration": "0.0905388615781749367374984277231",
"top10_share_of_stock": "0.670709724526895929418114640399",
"net_investment_income": "3804796 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "1762185 USD",
"effective_stock_holdings": "11.0449809349166524934269739217",
"net_noncharitable_assets": "36301435 USD",
"qualifying_distributions": "1781100 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.122089428595003410723650944432",
"largest_stock_halved_share_of_assets": "0.0610447142975017053618254722161"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "4595817",
"name": "VANGUARD RUSSELL 1000 GROWTH",
"shareOfAssets": "0.122089428595003410723650944432"
},
{
"fmv": "3224244",
"name": "VANGUARD RUSSELL 1000 VAL ETF",
"shareOfAssets": "0.0856531292718722649324956184461"
},
{
"fmv": "3014795",
"name": "ISHARES 7-10 YR TREASRY BD ETF",
"shareOfAssets": "0.0800890459478855027588368398959"
},
{
"fmv": "2712704",
"name": "ISHARES CORE MSCI INT DEVP MAR",
"shareOfAssets": "0.0720638966493618288725793066968"
},
{
"fmv": "833483",
"name": "ISHARES CORE MSCI EMERGING",
"shareOfAssets": "0.0221417569963401997468960927118"
},
{
"fmv": "552128",
"name": "VANGUARD SHORT-TERM TREASURY",
"shareOfAssets": "0.0146674665312613716246813022902"
},
{
"fmv": "210329",
"name": "MICROSOFT CORP",
"shareOfAssets": "0.00558746082077647399234886408477"
},
{
"fmv": "199421",
"name": "NVIDIA CORPORATION",
"shareOfAssets": "0.00529768612193309158522221293616"
},
{
"fmv": "171124",
"name": "AMAZON COM INC",
"shareOfAssets": "0.00454596677345755143354795115102"
},
{
"fmv": "145744",
"name": "JPMORGAN CHASE & CO",
"shareOfAssets": "0.0038717385137724537535998024389"
}
],
"count": 406,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "02c1a51b9bd955206d0517a5554584ac4ea71cf700d532f39afd97f16ee03e51",
"otherInvestments": [
{
"fmv": "572981",
"name": "PE PREMIER BLKSTONE SP IX",
"shareOfAssets": "0.0152214335091657586191635223491"
},
{
"fmv": "543748",
"name": "HCF VI ACCESS FUND",
"shareOfAssets": "0.0144448490050138886239734423136"
},
{
"fmv": "458436",
"name": "CORTLAND ENHANCED VALUE FUND V LP",
"shareOfAssets": "0.0121785069526003719466000592194"
},
{
"fmv": "445540",
"name": "BLACKSTONE BCRED",
"shareOfAssets": "0.0118359203632820496581598966587"
},
{
"fmv": "352425",
"name": "STEPSTONE VC V OFFSHORE",
"shareOfAssets": "0.00936228898422066784301522103503"
}
]
}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.