Sealed proof · filed Form 990-PF
JULIO R GALLO FOUNDATION
EIN 94-6061539, tax year November 1, 2024 to October 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 2025-10-31. The IRS received it on August 17, 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$15.9M
end of the tax year, Part II
Largest listed stock15.7%
ISHARES RUSSELL 1000 GROWTH
If that stock halved−7.8%
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
JULIO R GALLO FOUNDATION · Form 990-PF, year ended October 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/bbdebb2a6b88 — 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) | $758,265 | $758,264.9 | recomputes, within the form's whole-dollar rounding (difference $0.1) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $15,761 | $15,761.349 | recomputes, within the form's whole-dollar rounding (difference −$0.349) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $742,504 | $742,504 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $16,854 | 0.1% |
| Savings and temporary cash investments (line 2) | $233,602 | 1.5% |
| Corporate stock (line 10b) | $11.4M | 72.0% |
| Corporate bonds (line 10c) | $1.8M | 11.6% |
| Other investments (line 13) | $2.4M | 14.9% |
The ten largest listed stocks, of 193 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 12.5 equal holdings; the ten largest are 71.5% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| ISHARES RUSSELL 1000 GROWTH | $2.5M | 15.7% |
| ISHARES CORE S&P MID-CAP ETF | $975,443 | 6.1% |
| ISHARES RUSSELL 1000 VALUE | $968,434 | 6.1% |
| ISHARES MSCI EAFE | $729,179 | 4.6% |
| ISHARES CORE S&P SMALL CAP ETF | $668,986 | 4.2% |
| PRINCIPAL MIDCAP FUND | $659,116 | 4.2% |
| VANGUARD FTSE EMERGING MARKETS ETF | $591,477 | 3.7% |
| ISHARES SELECT DIVIDEND ETF | $547,495 | 3.4% |
| VICTORY SYCAMORE SMALL COMPANY OPPORTUNITY FUND | $298,313 | 1.9% |
| OAKMARK INTL FD | $243,590 | 1.5% |
Largest other investments (line 13), as listed
| BLACKSTONE REAL ESTATE INCOME TRUST INC | $687,305 | 4.3% |
| NEUBERGER BERMAN LONG SHORT FUND | $251,055 | 1.6% |
| AQR DIVERSIFIED ARBITRAGE FUND | $208,738 | 1.3% |
| BLACKROCK EVENT DRIVEN EQUITY FUND | $206,689 | 1.3% |
| EATON VANCE GLB MACRO ABSLT RTRN ADV FD | $171,710 | 1.1% |
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 $758,265; recomputed $758,264.9; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $15,761; recomputed $15,761.34; 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 $742,504; recomputed $742,504; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $761,668 against a distributable amount of $742,504 (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 October 2025: nothing carried into the next year, so nothing from this year falls due by 31 October 2026. |
| Holdings tie-out | The corporate-stock schedule against Part II line 10b | agrees | 193 listed holdings sum to Part II line 10b exactly; the largest is 15.7% of total assets. |
| The foundation's own answers | Part VI-B 2a, 3a, 3b, 4a and 4b, each answered | reported | All 4 answered No (3b not asked: 3a is No). |
| Filing timeliness | The e-file timestamp beside the original due date and the extension window, each with its IRC §7503 roll to the next business day | reported | Return timestamped 17 August 2026; the original due date was 15 March 2026 (a Sunday, so 16 March 2026 under IRC §7503); the six-month extension window ended 15 September 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 |
|---|---|---|---|
| March 15, 2027 | Excise tax on the year ending 31 October 2026, due with that return by 15 March 2027 | $15,761 | Projected under the assumptions below |
| October 31, 2027 | Distributable amount for the year ending 31 October 2026, to be paid out | $742,503 | 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 $606,611, $151,652 less than the projection.
The assumptions, the forward kernel proof, and what was refused
- Net noncharitable-use assets for the year ending 31 October 2026 equal this return's Part IX line 5, $15165298; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $1133910.
- 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)
2d3c3c12af20c49d…· 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
bbdebb2a6b885e7b56937d85e781c01ef77b0defa1b478086cb5eba41890cc4d · recomputed now, matchesreturn Form 990-PF, IRS object
202612299349100466, schema 2024v5.5 — the file as the IRS published it hashes to 7a0c34ce7c9b7be1…source file
202612299349100466_public.xml inside 2026_TEOS_XML_08A.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py bbdebb2a6b88 --fetcharithmetic
kernel@2026-09-15.1 · kernel proof 8d530b498b9bf9d4…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 = 15873341 USD let mix_cash = share(16854 USD, total_assets_fmv) let mix_savings = share(233602 USD, total_assets_fmv) let mix_stock = share(11422405 USD, total_assets_fmv) let mix_bonds = share(1841925 USD, total_assets_fmv) let mix_other = share(2358555 USD, total_assets_fmv) let net_noncharitable_assets = 15165298 USD let mir_filed = 758265 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 1133910 USD let excise_filed = 15761 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 742504 USD let distributable_recomputed = 758265 USD - 15761 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 761668 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 = [2487626 USD, 975443 USD, 968434 USD, 729179 USD, 668986 USD, 659116 USD, 591477 USD, 547495 USD, 298313 USD, 243590 USD, 121292 USD, 110150 USD, 95795 USD, 94630 USD, 75078 USD, 63691 USD, 56903 USD, 46606 USD, 45706 USD, 40546 USD, 37199 USD, 33697 USD, 33066 USD, 32045 USD, 31553 USD, 31518 USD, 30366 USD, 29656 USD, 29192 USD, 28585 USD, 28345 USD, 27850 USD, 26383 USD, 25556 USD, 25382 USD, 25069 USD, 24879 USD, 24253 USD, 23165 USD, 23148 USD, 22998 USD, 22536 USD, 21863 USD, 21436 USD, 21365 USD, 20828 USD, 20788 USD, 20466 USD, 20321 USD, 20256 USD, 20180 USD, 20060 USD, 19995 USD, 19472 USD, 18979 USD, 18976 USD, 18901 USD, 18618 USD, 18548 USD, 18530 USD, 17594 USD, 17515 USD, 17374 USD, 17082 USD, 17055 USD, 17045 USD, 16836 USD, 16797 USD, 16779 USD, 16745 USD, 16589 USD, 16548 USD, 16412 USD, 16383 USD, 16215 USD, 16145 USD, 16106 USD, 16061 USD, 15892 USD, 15887 USD, 15882 USD, 15848 USD, 15752 USD, 15683 USD, 15679 USD, 15612 USD, 15550 USD, 15495 USD, 15441 USD, 15311 USD, 15261 USD, 15205 USD, 15186 USD, 15096 USD, 15068 USD, 14976 USD, 14882 USD, 14737 USD, 14721 USD, 14636 USD, 14499 USD, 14411 USD, 14179 USD, 14077 USD, 13665 USD, 13613 USD, 13594 USD, 13471 USD, 13276 USD, 13198 USD, 13179 USD, 12820 USD, 12782 USD, 12548 USD, 12532 USD, 12524 USD, 12398 USD, 12320 USD, 12221 USD, 12117 USD, 12058 USD, 11833 USD, 11786 USD, 11736 USD, 11710 USD, 11646 USD, 11396 USD, 11356 USD, 11301 USD, 11218 USD, 11180 USD, 11156 USD, 11142 USD, 11043 USD, 11021 USD, 10989 USD, 10922 USD, 10804 USD, 10800 USD, 10795 USD, 10600 USD, 10522 USD, 10343 USD, 10337 USD, 10206 USD, 10162 USD, 9811 USD, 9717 USD, 9626 USD, 9562 USD, 9500 USD, 9323 USD, 9315 USD, 9251 USD, 9251 USD, 8844 USD, 8800 USD, 8734 USD, 8686 USD, 8629 USD, 8560 USD, 8371 USD, 8014 USD, 7856 USD, 7667 USD, 7624 USD, 7543 USD, 7506 USD, 7400 USD, 7002 USD, 6996 USD, 6967 USD, 6830 USD, 6731 USD, 6624 USD, 6340 USD, 6315 USD, 6248 USD, 6202 USD, 6191 USD, 5997 USD, 5833 USD, 5540 USD, 5509 USD, 5460 USD, 5458 USD, 5368 USD, 4955 USD, 4901 USD, 4230 USD, 4140 USD, 3518 USD, 2814 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([2487626 USD, 975443 USD, 968434 USD, 729179 USD, 668986 USD, 659116 USD, 591477 USD, 547495 USD, 298313 USD, 243590 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": "16854",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.00106178025155510739673519267305"
},
{
"fmv": "233602",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0147166245593791502368656982799"
},
{
"fmv": "11422405",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.719596775499247448914503884217"
},
{
"fmv": "1841925",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.116038898175248676381361680569"
},
{
"fmv": "2358555",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.148585921514569617070533544261"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "946061539",
"name": "JULIO R GALLO 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": "758265",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "0.1",
"recomputed": "758264.9"
},
{
"id": "excise_tax",
"note": null,
"filed": "15761",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "-0.349",
"recomputed": "15761.349"
},
{
"id": "distributable_amount",
"note": null,
"filed": "742504",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "742504"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "1133910",
"grossInvestmentIncome": "1237929",
"netNoncharitableAssets": "15165298",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2025-10-31",
"days": 365,
"begin": "2024-11-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202612299349100466",
"returnTs": "2026-08-17T10:51:13-05:00",
"operating": false,
"sourceSha256": "7a0c34ce7c9b7be1f68439768e75981a9be54bb5a161497fe5343203dd4854d8",
"returnVersion": "2024v5.5",
"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 = 15873341 USD\nlet mix_cash = share(16854 USD, total_assets_fmv)\nlet mix_savings = share(233602 USD, total_assets_fmv)\nlet mix_stock = share(11422405 USD, total_assets_fmv)\nlet mix_bonds = share(1841925 USD, total_assets_fmv)\nlet mix_other = share(2358555 USD, total_assets_fmv)\nlet net_noncharitable_assets = 15165298 USD\nlet mir_filed = 758265 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 1133910 USD\nlet excise_filed = 15761 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 742504 USD\nlet distributable_recomputed = 758265 USD - 15761 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 761668 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 = [2487626 USD, 975443 USD, 968434 USD, 729179 USD, 668986 USD, 659116 USD, 591477 USD, 547495 USD, 298313 USD, 243590 USD, 121292 USD, 110150 USD, 95795 USD, 94630 USD, 75078 USD, 63691 USD, 56903 USD, 46606 USD, 45706 USD, 40546 USD, 37199 USD, 33697 USD, 33066 USD, 32045 USD, 31553 USD, 31518 USD, 30366 USD, 29656 USD, 29192 USD, 28585 USD, 28345 USD, 27850 USD, 26383 USD, 25556 USD, 25382 USD, 25069 USD, 24879 USD, 24253 USD, 23165 USD, 23148 USD, 22998 USD, 22536 USD, 21863 USD, 21436 USD, 21365 USD, 20828 USD, 20788 USD, 20466 USD, 20321 USD, 20256 USD, 20180 USD, 20060 USD, 19995 USD, 19472 USD, 18979 USD, 18976 USD, 18901 USD, 18618 USD, 18548 USD, 18530 USD, 17594 USD, 17515 USD, 17374 USD, 17082 USD, 17055 USD, 17045 USD, 16836 USD, 16797 USD, 16779 USD, 16745 USD, 16589 USD, 16548 USD, 16412 USD, 16383 USD, 16215 USD, 16145 USD, 16106 USD, 16061 USD, 15892 USD, 15887 USD, 15882 USD, 15848 USD, 15752 USD, 15683 USD, 15679 USD, 15612 USD, 15550 USD, 15495 USD, 15441 USD, 15311 USD, 15261 USD, 15205 USD, 15186 USD, 15096 USD, 15068 USD, 14976 USD, 14882 USD, 14737 USD, 14721 USD, 14636 USD, 14499 USD, 14411 USD, 14179 USD, 14077 USD, 13665 USD, 13613 USD, 13594 USD, 13471 USD, 13276 USD, 13198 USD, 13179 USD, 12820 USD, 12782 USD, 12548 USD, 12532 USD, 12524 USD, 12398 USD, 12320 USD, 12221 USD, 12117 USD, 12058 USD, 11833 USD, 11786 USD, 11736 USD, 11710 USD, 11646 USD, 11396 USD, 11356 USD, 11301 USD, 11218 USD, 11180 USD, 11156 USD, 11142 USD, 11043 USD, 11021 USD, 10989 USD, 10922 USD, 10804 USD, 10800 USD, 10795 USD, 10600 USD, 10522 USD, 10343 USD, 10337 USD, 10206 USD, 10162 USD, 9811 USD, 9717 USD, 9626 USD, 9562 USD, 9500 USD, 9323 USD, 9315 USD, 9251 USD, 9251 USD, 8844 USD, 8800 USD, 8734 USD, 8686 USD, 8629 USD, 8560 USD, 8371 USD, 8014 USD, 7856 USD, 7667 USD, 7624 USD, 7543 USD, 7506 USD, 7400 USD, 7002 USD, 6996 USD, 6967 USD, 6830 USD, 6731 USD, 6624 USD, 6340 USD, 6315 USD, 6248 USD, 6202 USD, 6191 USD, 5997 USD, 5833 USD, 5540 USD, 5509 USD, 5460 USD, 5458 USD, 5368 USD, 4955 USD, 4901 USD, 4230 USD, 4140 USD, 3518 USD, 2814 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([2487626 USD, 975443 USD, 968434 USD, 729179 USD, 668986 USD, 659116 USD, 591477 USD, 547495 USD, 298313 USD, 243590 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": "0.00106178025155510739673519267305",
"mir_filed": "758265 USD",
"mix_bonds": "0.116038898175248676381361680569",
"mix_other": "0.148585921514569617070533544261",
"mix_stock": "0.719596775499247448914503884217",
"mix_savings": "0.0147166245593791502368656982799",
"payout_rate": "0.0502244004700731894618885827367",
"stock_count": "193",
"excise_filed": "15761 USD",
"largest_stock": "2487626 USD",
"mir_difference": "0.1 USD",
"mir_recomputed": "758264.9 USD",
"payout_coverage": "1.02580996196653486041826037301",
"total_assets_fmv": "15873341 USD",
"excise_difference": "-0.349 USD",
"excise_recomputed": "15761.349 USD",
"distributable_filed": "742504 USD",
"stock_concentration": "0.0796905451620427682212408189208",
"top10_share_of_stock": "0.715231074366562908599371148195",
"net_investment_income": "1133910 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "742504 USD",
"effective_stock_holdings": "12.5485400804650015660736055381",
"net_noncharitable_assets": "15165298 USD",
"qualifying_distributions": "761668 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.156717227961019674434008568202",
"largest_stock_halved_share_of_assets": "0.0783586139805098372170042841012"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "2487626",
"name": "ISHARES RUSSELL 1000 GROWTH",
"shareOfAssets": "0.156717227961019674434008568202"
},
{
"fmv": "975443",
"name": "ISHARES CORE S&P MID-CAP ETF",
"shareOfAssets": "0.0614516502858471949919049808103"
},
{
"fmv": "968434",
"name": "ISHARES RUSSELL 1000 VALUE",
"shareOfAssets": "0.0610100923302787988993621443652"
},
{
"fmv": "729179",
"name": "ISHARES MSCI EAFE",
"shareOfAssets": "0.0459373360655453694341978793248"
},
{
"fmv": "668986",
"name": "ISHARES CORE S&P SMALL CAP ETF",
"shareOfAssets": "0.0421452547387471862413842177271"
},
{
"fmv": "659116",
"name": "PRINCIPAL MIDCAP FUND",
"shareOfAssets": "0.0415234574750205391542965025447"
},
{
"fmv": "591477",
"name": "VANGUARD FTSE EMERGING MARKETS ETF",
"shareOfAssets": "0.0372622877565598823839291299796"
},
{
"fmv": "547495",
"name": "ISHARES SELECT DIVIDEND ETF",
"shareOfAssets": "0.0344914785110456582517820287487"
},
{
"fmv": "298313",
"name": "VICTORY SYCAMORE SMALL COMPANY OPPORTUNITY FUND",
"shareOfAssets": "0.0187933340561385281145286301101"
},
{
"fmv": "243590",
"name": "OAKMARK INTL FD",
"shareOfAssets": "0.0153458556708382942192195077268"
}
],
"count": 193,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "8d530b498b9bf9d4ca188e0eac2ee75cbdb6b83e27e33a14b05a5bae16f8f4d4",
"otherInvestments": [
{
"fmv": "687305",
"name": "BLACKSTONE REAL ESTATE INCOME TRUST INC",
"shareOfAssets": "0.0432993280998625305157874451258"
},
{
"fmv": "251055",
"name": "NEUBERGER BERMAN LONG SHORT FUND",
"shareOfAssets": "0.0158161410379831189917736914995"
},
{
"fmv": "208738",
"name": "AQR DIVERSIFIED ARBITRAGE FUND",
"shareOfAssets": "0.0131502246439486180004574966291"
},
{
"fmv": "206689",
"name": "BLACKROCK EVENT DRIVEN EQUITY FUND",
"shareOfAssets": "0.0130211402879834812343538767295"
},
{
"fmv": "171710",
"name": "EATON VANCE GLB MACRO ABSLT RTRN ADV FD",
"shareOfAssets": "0.0108175084249749312384834421437"
}
]
}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.