Sealed proof · filed Form 990-PF
THE CORRELL FAMILY FOUNDATION
EIN 13-4311179, tax year July 1, 2024 to June 30, 2025. The return the foundation filed, as the IRS published it, with its arithmetic re-done exactly and sealed September 28, 2026.
Listed in the IRS register as THE CORRELL FAMILY FOUNDATION INC. The name above is as written on the return; the EIN is the same foundation.
This is the latest return the IRS has published for this foundation, for the tax year ended 2025-06-30. The IRS received it on May 15, 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 distributions1.24×
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 rate6.1%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$42.7M
end of the tax year, Part II
Largest listed stock2.2%
WALMART INC CMN (WMT) WALMART INC CMN (WMT)
If that stock halved−1.1%
of total assets, from that one name
Filing Record: $2,600 a year, direct or at cost through the firm that prepares the return. This page stays whether or not the foundation buys anything. Cancel in writing for any reason, any time up to 30 days after your statutory 990-PF filing deadline (or 12 months from invoice, whichever is earlier): the year is refunded in full to the payer, and seals already generated remain checkable. Or write to a person →
Nothing here can be changed quietly. Try it
THE CORRELL FAMILY FOUNDATION · Form 990-PF, year ended June 30, 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/eec9a9ec0875 — it fits on a printed page, and whoever opens it can run the same check.
The return’s own arithmetic, re-done
| Line | As filed | Recomputed | Result |
|---|---|---|---|
| Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6) | $2,075,595 | $2,075,595.15 | recomputes, within the form's whole-dollar rounding (difference −$0.15) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $18,114 | $18,114.1742 | recomputes, within the form's whole-dollar rounding (difference −$0.1742) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $2,057,481 | $2,057,481 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $6,981 | <0.1% |
| Corporate stock (line 10b) | $24.1M | 56.3% |
| Corporate bonds (line 10c) | $11.5M | 26.9% |
| Other investments (line 13) | $7.2M | 16.8% |
The ten largest listed stocks, of 575 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 73.1 equal holdings; the ten largest are 28.4% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| WALMART INC CMN (WMT) WALMART INC CMN (WMT) | $959,515 | 2.2% |
| DELTA AIR LINES, INC. CMN (DAL) DELTA AIR LINES, INC. CMN (DAL) | $750,241 | 1.8% |
| NVIDIA CORPORATION CMN (NVDA) | $746,977 | 1.7% |
| MICROSOFT CORPORATION CMN (MSFT) | $711,794 | 1.7% |
| THE SOUTHERN CO. CMN (SO) THE SOUTHERN CO. CMN (SO) | $682,756 | 1.6% |
| CISCO SYSTEMS, INC. CMN (CSCO) CISCO SYSTEMS, INC. CMN (CSCO) | $635,729 | 1.5% |
| APPLE INC. CMN (AAPL) | $596,840 | 1.4% |
| THE HOME DEPOT, INC. CMN (HD) THE HOME DEPOT, INC. CMN (HD) | $595,790 | 1.4% |
| MC DONALDS CORP CMN (MCD) MC DONALDS CORP CMN (MCD) | $579,665 | 1.4% |
| NVIDIA CORPORATION CMN (NVDA) | $566,552 | 1.3% |
Largest other investments (line 13), as listed
| GOLDMAN SACHS PRIVATE MIDDLE MARKET CREDIT II LLC | $1.1M | 2.5% |
| GOLDMAN SACHS PRIVATE CREDIT FUND (GS CREDIT) | $996,421 | 2.3% |
| WEST STREET GLOBAL GROWTH OFFSHORE FEEDER FUND, LLC | $858,783 | 2.0% |
| WEST STREET CAPITAL PARTNERS VIII, L.P. | $820,038 | 1.9% |
| PRIVATE EQUITY MANAGERS (2021) OFFSHORE SCSP | $435,598 | 1.0% |
What the foundation answered on the form
- Part VI-B 4a: did the foundation invest during the year in a manner that would jeopardize its charitable purposes? No
- Part VI-B 4b: did it make any investment in a prior year that could jeopardize its charitable purpose and that had not been removed from jeopardy? No
- Part VI-B 3a: did it hold more than a 2% direct or indirect interest in any business enterprise? No
- Part VI-B 3b: did it have excess business holdings? Not answered (3a is “No”, so the form does not ask 3b. Our note; not part of the seal.)
- Part VI-B 2a: did it have undistributed income for prior years? No
Quoted as filed. These are the foundation’s own answers; this page does not test them.
Control statement · nine controls
Nine controls, read from the return.
Each control reads one part of the filed return and states a fact in a fixed vocabulary: agrees, differs, reported, not reported, not applicable, not checked. Whether any of it met a requirement is counsel’s question, not this page’s.
Recomputed each time the page is read; not part of the seal. The seal covers the body above (controls v2, kernel@2026-09-15.1).
This return: 4 agree, 4 reported, 1 not checked.
| Control | Reads | Result | Detail |
|---|---|---|---|
| Minimum investment return | Part IX line 6 against 5% of line 5, prorated for a short year | agrees | Filed $2,075,595; recomputed $2,075,595.15; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $18,114; recomputed $18,114.17; agrees within the form's whole-dollar rounding. |
| Distributable amount | Part X line 7 against the form's own chain from line 1 | agrees | Filed $2,057,481; recomputed $2,057,481; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $2,541,641 against a distributable amount of $2,057,481 (1.24×). |
| Payout deadline | Part XII undistributed income and the date it falls due | reported | Part XII reports $0 undistributed income for the year ended 30 June 2025: nothing carried into the next year, so nothing from this year falls due by 30 June 2026. |
| Holdings tie-out | The corporate-stock schedule against Part II line 10b | agrees | 575 listed holdings sum to Part II line 10b exactly; the largest is 2.2% 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 15 May 2026; the original due date was 15 November 2025 (a Saturday, so 17 November 2025 under IRC §7503); the six-month extension window ended 15 May 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 |
|---|---|---|---|
| November 16, 2026 | Excise tax on the year ending 30 June 2026, due with that return by 15 November 2026 (a Sunday, so 16 November 2026 under IRC §7503) | $18,114 | Projected under the assumptions below |
| June 30, 2027 | Distributable amount for the year ending 30 June 2026, to be paid out | $2,057,480 | Projected under the assumptions below |
If net noncharitable-use assets fell 20% over the year ending June 30, 2026: what is owed now, nothing from Part XII, is unchanged; the following year’s minimum investment return would be $1,660,476, $415,119 less than the projection.
The assumptions, the forward kernel proof, and what was refused
- Net noncharitable-use assets for the year ending 30 June 2026 equal this return's Part IX line 5, $41511903; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $1303178.
- 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)
bab06db31db005f3…· 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
eec9a9ec0875f5336cf7f5e00c06c8c8af5b628a0eaf8dea571531a3453880c9 · recomputed now, matchesreturn Form 990-PF, IRS object
202611359349102126, schema 2024v5.5 — the file as the IRS published it hashes to 2ed19c5c60090dd5…source file
202611359349102126_public.xml inside 2026_TEOS_XML_05A.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py eec9a9ec0875 --fetcharithmetic
kernel@2026-09-15.1 · kernel proof 737b4b255704f9e4…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 = 42739644 USD let mix_cash = share(6981 USD, total_assets_fmv) let mix_stock = share(24052853 USD, total_assets_fmv) let mix_bonds = share(11495086 USD, total_assets_fmv) let mix_other = share(7184724 USD, total_assets_fmv) let net_noncharitable_assets = 41511903 USD let mir_filed = 2075595 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 1303178 USD let excise_filed = 18114 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 2057481 USD let distributable_recomputed = 2075595 USD - 18114 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 2541641 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 = [959515 USD, 750241 USD, 746977 USD, 711794 USD, 682756 USD, 635729 USD, 596840 USD, 595790 USD, 579665 USD, 566552 USD, 552044 USD, 471891 USD, 454746 USD, 448249 USD, 398067 USD, 397096 USD, 372560 USD, 368071 USD, 367855 USD, 358112 USD, 309998 USD, 309340 USD, 293022 USD, 284370 USD, 252630 USD, 248884 USD, 248361 USD, 237359 USD, 219046 USD, 208128 USD, 199316 USD, 179580 USD, 177306 USD, 171854 USD, 163731 USD, 156841 USD, 141770 USD, 135069 USD, 134912 USD, 120048 USD, 118140 USD, 117411 USD, 116456 USD, 114902 USD, 112737 USD, 111148 USD, 104954 USD, 101899 USD, 93996 USD, 90768 USD, 87663 USD, 85135 USD, 83709 USD, 82053 USD, 81060 USD, 78224 USD, 73059 USD, 72013 USD, 71128 USD, 70492 USD, 70045 USD, 69779 USD, 68650 USD, 68296 USD, 67516 USD, 63682 USD, 63111 USD, 62285 USD, 61381 USD, 61374 USD, 59004 USD, 58956 USD, 56642 USD, 56084 USD, 55531 USD, 55504 USD, 55130 USD, 54567 USD, 54538 USD, 54392 USD, 52547 USD, 52479 USD, 52471 USD, 52174 USD, 52072 USD, 51478 USD, 50720 USD, 50069 USD, 47837 USD, 47455 USD, 47267 USD, 45534 USD, 45075 USD, 44840 USD, 44374 USD, 44067 USD, 43279 USD, 42695 USD, 42532 USD, 41123 USD, 40803 USD, 39503 USD, 39015 USD, 38856 USD, 38582 USD, 38566 USD, 38160 USD, 38155 USD, 37268 USD, 37124 USD, 37002 USD, 36652 USD, 36383 USD, 35921 USD, 35918 USD, 35675 USD, 34991 USD, 34891 USD, 34734 USD, 34728 USD, 33604 USD, 33404 USD, 32846 USD, 32498 USD, 30813 USD, 30689 USD, 30172 USD, 30075 USD, 30004 USD, 29735 USD, 29317 USD, 29291 USD, 29273 USD, 29148 USD, 28896 USD, 28574 USD, 28411 USD, 28232 USD, 28185 USD, 28070 USD, 27240 USD, 26768 USD, 26754 USD, 26674 USD, 26507 USD, 26376 USD, 26276 USD, 26194 USD, 25597 USD, 25425 USD, 25366 USD, 24984 USD, 24768 USD, 24672 USD, 24530 USD, 24447 USD, 24296 USD, 23518 USD, 23349 USD, 23289 USD, 22322 USD, 22308 USD, 22260 USD, 22136 USD, 22102 USD, 21984 USD, 21268 USD, 21150 USD, 21138 USD, 21076 USD, 20964 USD, 20776 USD, 20565 USD, 20334 USD, 19975 USD, 19688 USD, 19560 USD, 19138 USD, 18928 USD, 18816 USD, 18704 USD, 18526 USD, 18320 USD, 18190 USD, 18160 USD, 18058 USD, 17850 USD, 17613 USD, 17525 USD, 17503 USD, 17359 USD, 17265 USD, 16874 USD, 16727 USD, 16640 USD, 16481 USD, 16141 USD, 16007 USD, 15833 USD, 15657 USD, 15560 USD, 15558 USD, 15380 USD, 15200 USD, 15114 USD, 15046 USD, 14936 USD, 14932 USD, 14791 USD, 14627 USD, 14509 USD, 14418 USD, 14370 USD, 14168 USD, 14132 USD, 13856 USD, 13817 USD, 13575 USD, 13567 USD, 13520 USD, 13455 USD, 13416 USD, 13414 USD, 13109 USD, 13051 USD, 13025 USD, 13002 USD, 12875 USD, 12841 USD, 12702 USD, 12632 USD, 12559 USD, 12500 USD, 12419 USD, 12411 USD, 12394 USD, 12369 USD, 12363 USD, 12166 USD, 12138 USD, 11775 USD, 11772 USD, 11517 USD, 11411 USD, 11378 USD, 11349 USD, 11342 USD, 11137 USD, 10984 USD, 10909 USD, 10871 USD, 10706 USD, 10702 USD, 10651 USD, 10548 USD, 10528 USD, 10500 USD, 10334 USD, 10299 USD, 10289 USD, 10285 USD, 10203 USD, 10195 USD, 10128 USD, 10053 USD, 10002 USD, 9912 USD, 9805 USD, 9791 USD, 9699 USD, 9683 USD, 9670 USD, 9425 USD, 9362 USD, 9360 USD, 9306 USD, 9218 USD, 9140 USD, 9100 USD, 9072 USD, 9038 USD, 8957 USD, 8931 USD, 8878 USD, 8873 USD, 8843 USD, 8785 USD, 8755 USD, 8732 USD, 8687 USD, 8585 USD, 8583 USD, 8581 USD, 8572 USD, 8528 USD, 8411 USD, 8316 USD, 8100 USD, 8038 USD, 7897 USD, 7834 USD, 7771 USD, 7758 USD, 7724 USD, 7662 USD, 7606 USD, 7579 USD, 7527 USD, 7515 USD, 7486 USD, 7468 USD, 7419 USD, 7386 USD, 7358 USD, 7348 USD, 7327 USD, 7314 USD, 7303 USD, 7224 USD, 7151 USD, 7148 USD, 7136 USD, 7120 USD, 7113 USD, 7075 USD, 7050 USD, 6976 USD, 6896 USD, 6829 USD, 6744 USD, 6733 USD, 6707 USD, 6679 USD, 6634 USD, 6633 USD, 6584 USD, 6552 USD, 6491 USD, 6462 USD, 6370 USD, 6350 USD, 6252 USD, 6106 USD, 6098 USD, 6069 USD, 6064 USD, 6063 USD, 6045 USD, 6014 USD, 6005 USD, 5938 USD, 5868 USD, 5840 USD, 5829 USD, 5765 USD, 5762 USD, 5736 USD, 5696 USD, 5692 USD, 5629 USD, 5539 USD, 5485 USD, 5420 USD, 5419 USD, 5407 USD, 5358 USD, 5319 USD, 5314 USD, 5291 USD, 5268 USD, 5227 USD, 5224 USD, 5221 USD, 5218 USD, 5176 USD, 5104 USD, 5076 USD, 5052 USD, 5048 USD, 5048 USD, 5042 USD, 5011 USD, 5008 USD, 4992 USD, 4962 USD, 4932 USD, 4901 USD, 4870 USD, 4798 USD, 4765 USD, 4722 USD, 4718 USD, 4699 USD, 4657 USD, 4645 USD, 4642 USD, 4642 USD, 4586 USD, 4577 USD, 4575 USD, 4564 USD, 4533 USD, 4481 USD, 4473 USD, 4473 USD, 4461 USD, 4446 USD, 4429 USD, 4399 USD, 4366 USD, 4351 USD, 4262 USD, 4231 USD, 4226 USD, 4210 USD, 4198 USD, 4195 USD, 4188 USD, 4157 USD, 4150 USD, 4131 USD, 4127 USD, 4125 USD, 4051 USD, 4048 USD, 4007 USD, 3982 USD, 3944 USD, 3941 USD, 3922 USD, 3905 USD, 3901 USD, 3865 USD, 3862 USD, 3848 USD, 3847 USD, 3815 USD, 3791 USD, 3759 USD, 3754 USD, 3754 USD, 3751 USD, 3747 USD, 3712 USD, 3675 USD, 3568 USD, 3452 USD, 3439 USD, 3416 USD, 3412 USD, 3380 USD, 3313 USD, 3313 USD, 3311 USD, 3277 USD, 3265 USD, 3263 USD, 3261 USD, 3244 USD, 3232 USD, 3171 USD, 3154 USD, 3140 USD, 3117 USD, 3092 USD, 3084 USD, 3 … (7570 characters; the full program is in the body below)
{
"mix": [
{
"fmv": "6981",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.000163337813482957415368270264488"
},
{
"fmv": "24052853",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.562776166315283299973205204985"
},
{
"fmv": "11495086",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.268956054009247245952727168247"
},
{
"fmv": "7184724",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.168104441861986496658699356504"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "134311179",
"name": "THE CORRELL FAMILY 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": "2075595",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "-0.15",
"recomputed": "2075595.15"
},
{
"id": "excise_tax",
"note": null,
"filed": "18114",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "-0.1742",
"recomputed": "18114.1742"
},
{
"id": "distributable_amount",
"note": null,
"filed": "2057481",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "2057481"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "1303178",
"grossInvestmentIncome": "1636292",
"netNoncharitableAssets": "41511903",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2025-06-30",
"days": 365,
"begin": "2024-07-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202611359349102126",
"returnTs": "2026-05-15T11:14:00-05:00",
"operating": false,
"sourceSha256": "2ed19c5c60090dd5260fcbf2cf8b1f9fd069e9303d0eb47f42020730fe130fcb",
"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 = 42739644 USD\nlet mix_cash = share(6981 USD, total_assets_fmv)\nlet mix_stock = share(24052853 USD, total_assets_fmv)\nlet mix_bonds = share(11495086 USD, total_assets_fmv)\nlet mix_other = share(7184724 USD, total_assets_fmv)\nlet net_noncharitable_assets = 41511903 USD\nlet mir_filed = 2075595 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 1303178 USD\nlet excise_filed = 18114 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 2057481 USD\nlet distributable_recomputed = 2075595 USD - 18114 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 2541641 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 = [959515 USD, 750241 USD, 746977 USD, 711794 USD, 682756 USD, 635729 USD, 596840 USD, 595790 USD, 579665 USD, 566552 USD, 552044 USD, 471891 USD, 454746 USD, 448249 USD, 398067 USD, 397096 USD, 372560 USD, 368071 USD, 367855 USD, 358112 USD, 309998 USD, 309340 USD, 293022 USD, 284370 USD, 252630 USD, 248884 USD, 248361 USD, 237359 USD, 219046 USD, 208128 USD, 199316 USD, 179580 USD, 177306 USD, 171854 USD, 163731 USD, 156841 USD, 141770 USD, 135069 USD, 134912 USD, 120048 USD, 118140 USD, 117411 USD, 116456 USD, 114902 USD, 112737 USD, 111148 USD, 104954 USD, 101899 USD, 93996 USD, 90768 USD, 87663 USD, 85135 USD, 83709 USD, 82053 USD, 81060 USD, 78224 USD, 73059 USD, 72013 USD, 71128 USD, 70492 USD, 70045 USD, 69779 USD, 68650 USD, 68296 USD, 67516 USD, 63682 USD, 63111 USD, 62285 USD, 61381 USD, 61374 USD, 59004 USD, 58956 USD, 56642 USD, 56084 USD, 55531 USD, 55504 USD, 55130 USD, 54567 USD, 54538 USD, 54392 USD, 52547 USD, 52479 USD, 52471 USD, 52174 USD, 52072 USD, 51478 USD, 50720 USD, 50069 USD, 47837 USD, 47455 USD, 47267 USD, 45534 USD, 45075 USD, 44840 USD, 44374 USD, 44067 USD, 43279 USD, 42695 USD, 42532 USD, 41123 USD, 40803 USD, 39503 USD, 39015 USD, 38856 USD, 38582 USD, 38566 USD, 38160 USD, 38155 USD, 37268 USD, 37124 USD, 37002 USD, 36652 USD, 36383 USD, 35921 USD, 35918 USD, 35675 USD, 34991 USD, 34891 USD, 34734 USD, 34728 USD, 33604 USD, 33404 USD, 32846 USD, 32498 USD, 30813 USD, 30689 USD, 30172 USD, 30075 USD, 30004 USD, 29735 USD, 29317 USD, 29291 USD, 29273 USD, 29148 USD, 28896 USD, 28574 USD, 28411 USD, 28232 USD, 28185 USD, 28070 USD, 27240 USD, 26768 USD, 26754 USD, 26674 USD, 26507 USD, 26376 USD, 26276 USD, 26194 USD, 25597 USD, 25425 USD, 25366 USD, 24984 USD, 24768 USD, 24672 USD, 24530 USD, 24447 USD, 24296 USD, 23518 USD, 23349 USD, 23289 USD, 22322 USD, 22308 USD, 22260 USD, 22136 USD, 22102 USD, 21984 USD, 21268 USD, 21150 USD, 21138 USD, 21076 USD, 20964 USD, 20776 USD, 20565 USD, 20334 USD, 19975 USD, 19688 USD, 19560 USD, 19138 USD, 18928 USD, 18816 USD, 18704 USD, 18526 USD, 18320 USD, 18190 USD, 18160 USD, 18058 USD, 17850 USD, 17613 USD, 17525 USD, 17503 USD, 17359 USD, 17265 USD, 16874 USD, 16727 USD, 16640 USD, 16481 USD, 16141 USD, 16007 USD, 15833 USD, 15657 USD, 15560 USD, 15558 USD, 15380 USD, 15200 USD, 15114 USD, 15046 USD, 14936 USD, 14932 USD, 14791 USD, 14627 USD, 14509 USD, 14418 USD, 14370 USD, 14168 USD, 14132 USD, 13856 USD, 13817 USD, 13575 USD, 13567 USD, 13520 USD, 13455 USD, 13416 USD, 13414 USD, 13109 USD, 13051 USD, 13025 USD, 13002 USD, 12875 USD, 12841 USD, 12702 USD, 12632 USD, 12559 USD, 12500 USD, 12419 USD, 12411 USD, 12394 USD, 12369 USD, 12363 USD, 12166 USD, 12138 USD, 11775 USD, 11772 USD, 11517 USD, 11411 USD, 11378 USD, 11349 USD, 11342 USD, 11137 USD, 10984 USD, 10909 USD, 10871 USD, 10706 USD, 10702 USD, 10651 USD, 10548 USD, 10528 USD, 10500 USD, 10334 USD, 10299 USD, 10289 USD, 10285 USD, 10203 USD, 10195 USD, 10128 USD, 10053 USD, 10002 USD, 9912 USD, 9805 USD, 9791 USD, 9699 USD, 9683 USD, 9670 USD, 9425 USD, 9362 USD, 9360 USD, 9306 USD, 9218 USD, 9140 USD, 9100 USD, 9072 USD, 9038 USD, 8957 USD, 8931 USD, 8878 USD, 8873 USD, 8843 USD, 8785 USD, 8755 USD, 8732 USD, 8687 USD, 8585 USD, 8583 USD, 8581 USD, 8572 USD, 8528 USD, 8411 USD, 8316 USD, 8100 USD, 8038 USD, 7897 USD, 7834 USD, 7771 USD, 7758 USD, 7724 USD, 7662 USD, 7606 USD, 7579 USD, 7527 USD, 7515 USD, 7486 USD, 7468 USD, 7419 USD, 7386 USD, 7358 USD, 7348 USD, 7327 USD, 7314 USD, 7303 USD, 7224 USD, 7151 USD, 7148 USD, 7136 USD, 7120 USD, 7113 USD, 7075 USD, 7050 USD, 6976 USD, 6896 USD, 6829 USD, 6744 USD, 6733 USD, 6707 USD, 6679 USD, 6634 USD, 6633 USD, 6584 USD, 6552 USD, 6491 USD, 6462 USD, 6370 USD, 6350 USD, 6252 USD, 6106 USD, 6098 USD, 6069 USD, 6064 USD, 6063 USD, 6045 USD, 6014 USD, 6005 USD, 5938 USD, 5868 USD, 5840 USD, 5829 USD, 5765 USD, 5762 USD, 5736 USD, 5696 USD, 5692 USD, 5629 USD, 5539 USD, 5485 USD, 5420 USD, 5419 USD, 5407 USD, 5358 USD, 5319 USD, 5314 USD, 5291 USD, 5268 USD, 5227 USD, 5224 USD, 5221 USD, 5218 USD, 5176 USD, 5104 USD, 5076 USD, 5052 USD, 5048 USD, 5048 USD, 5042 USD, 5011 USD, 5008 USD, 4992 USD, 4962 USD, 4932 USD, 4901 USD, 4870 USD, 4798 USD, 4765 USD, 4722 USD, 4718 USD, 4699 USD, 4657 USD, 4645 USD, 4642 USD, 4642 USD, 4586 USD, 4577 USD, 4575 USD, 4564 USD, 4533 USD, 4481 USD, 4473 USD, 4473 USD, 4461 USD, 4446 USD, 4429 USD, 4399 USD, 4366 USD, 4351 USD, 4262 USD, 4231 USD, 4226 USD, 4210 USD, 4198 USD, 4195 USD, 4188 USD, 4157 USD, 4150 USD, 4131 USD, 4127 USD, 4125 USD, 4051 USD, 4048 USD, 4007 USD, 3982 USD, 3944 USD, 3941 USD, 3922 USD, 3905 USD, 3901 USD, 3865 USD, 3862 USD, 3848 USD, 3847 USD, 3815 USD, 3791 USD, 3759 USD, 3754 USD, 3754 USD, 3751 USD, 3747 USD, 3712 USD, 3675 USD, 3568 USD, 3452 USD, 3439 USD, 3416 USD, 3412 USD, 3380 USD, 3313 USD, 3313 USD, 3311 USD, 3277 USD, 3265 USD, 3263 USD, 3261 USD, 3244 USD, 3232 USD, 3171 USD, 3154 USD, 3140 USD, 3117 USD, 3092 USD, 3084 USD, 3074 USD, 3010 USD, 3002 USD, 2998 USD, 2969 USD, 2965 USD, 2963 USD, 2960 USD, 2950 USD, 2943 USD, 2917 USD, 2846 USD, 2844 USD, 2827 USD, 2801 USD, 2775 USD, 2764 USD, 2760 USD, 2760 USD, 2719 USD, 2698 USD, 2694 USD, 2651 USD, 2613 USD, 2574 USD, 2521 USD, 2479 USD, 2475 USD, 2469 USD, 2413 USD, 2370 USD, 2324 USD, 2314 USD, 2287 USD, 2281 USD, 2248 USD, 2225 USD, 2172 USD, 2144 USD, 2141 USD, 2083 USD, 2081 USD, 2079 USD, 2062 USD, 2016 USD, 1995 USD, 1993 USD, 1989 USD, 1962 USD, 1951 USD, 1923 USD, 1890 USD, 1886 USD, 1867 USD, 1857 USD, 1829 USD, 1828 USD, 1821 USD, 1820 USD, 1797 USD, 1787 USD, 1771 USD, 1768 USD, 1756 USD, 1749 USD, 1733 USD, 1723 USD, 1720 USD, 1719 USD, 1717 USD, 1700 USD, 1690 USD, 1669 USD, 1646 USD, 1637 USD, 1625 USD, 1595 USD, 1567 USD, 1556 USD, 1535 USD, 1517 USD, 1499 USD, 1485 USD, 1465 USD, 1452 USD, 1441 USD, 1419 USD, 1391 USD, 1387 USD, 1379 USD, 1365 USD, 1315 USD, 1282 USD, 1273 USD, 1263 USD, 1140 USD, 1110 USD, 1043 USD, 998 USD, 991 USD, 988 USD, 970 USD, 944 USD, 818 USD, 728 USD, 700 USD, 671 USD, 459 USD, 446 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([959515 USD, 750241 USD, 746977 USD, 711794 USD, 682756 USD, 635729 USD, 596840 USD, 595790 USD, 579665 USD, 566552 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": "0.000163337813482957415368270264488",
"mir_filed": "2075595 USD",
"mix_bonds": "0.268956054009247245952727168247",
"mix_other": "0.168104441861986496658699356504",
"mix_stock": "0.562776166315283299973205204985",
"payout_rate": "0.0612268004191472503681654873784",
"stock_count": "575",
"excise_filed": "18114 USD",
"largest_stock": "959515 USD",
"mir_difference": "-0.15 USD",
"mir_recomputed": "2075595.15 USD",
"payout_coverage": "1.23531687534417085747085878314",
"total_assets_fmv": "42739644 USD",
"excise_difference": "-0.1742 USD",
"excise_recomputed": "18114.1742 USD",
"distributable_filed": "2057481 USD",
"stock_concentration": "0.0136835454754728286832834531042",
"top10_share_of_stock": "0.283785836133451611748510665242",
"net_investment_income": "1303178 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "2057481 USD",
"effective_stock_holdings": "73.0804747784452008288281843469",
"net_noncharitable_assets": "41511903 USD",
"qualifying_distributions": "2541641 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.0224502337923076757494751243132",
"largest_stock_halved_share_of_assets": "0.0112251168961538378747375621566"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "959515",
"name": "WALMART INC CMN (WMT) WALMART INC CMN (WMT)",
"shareOfAssets": "0.0224502337923076757494751243132"
},
{
"fmv": "750241",
"name": "DELTA AIR LINES, INC. CMN (DAL) DELTA AIR LINES, INC. CMN (DAL)",
"shareOfAssets": "0.0175537493948241590407257486749"
},
{
"fmv": "746977",
"name": "NVIDIA CORPORATION CMN (NVDA)",
"shareOfAssets": "0.01747738001748446945416765755"
},
{
"fmv": "711794",
"name": "MICROSOFT CORPORATION CMN (MSFT)",
"shareOfAssets": "0.0166541864504065593059221550839"
},
{
"fmv": "682756",
"name": "THE SOUTHERN CO. CMN (SO) THE SOUTHERN CO. CMN (SO)",
"shareOfAssets": "0.0159747704028606321568799216016"
},
{
"fmv": "635729",
"name": "CISCO SYSTEMS, INC. CMN (CSCO) CISCO SYSTEMS, INC. CMN (CSCO)",
"shareOfAssets": "0.0148744570731567160456460517079"
},
{
"fmv": "596840",
"name": "APPLE INC. CMN (AAPL)",
"shareOfAssets": "0.013964552442224366679329383277"
},
{
"fmv": "595790",
"name": "THE HOME DEPOT, INC. CMN (HD) THE HOME DEPOT, INC. CMN (HD)",
"shareOfAssets": "0.0139399850873816356542417620512"
},
{
"fmv": "579665",
"name": "MC DONALDS CORP CMN (MCD) MC DONALDS CORP CMN (MCD)",
"shareOfAssets": "0.0135627007094396949118247217969"
},
{
"fmv": "566552",
"name": "NVIDIA CORPORATION CMN (NVDA)",
"shareOfAssets": "0.0132558895436751883099447435734"
}
],
"count": 575,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "737b4b255704f9e435e0b984936b9295790bdac5b9caddbf5ef4f78f0d88fdc9",
"otherInvestments": [
{
"fmv": "1051536",
"name": "GOLDMAN SACHS PRIVATE MIDDLE MARKET CREDIT II LLC",
"shareOfAssets": "0.0246032933732438201871779746223"
},
{
"fmv": "996421",
"name": "GOLDMAN SACHS PRIVATE CREDIT FUND (GS CREDIT)",
"shareOfAssets": "0.0233137412188084673798405995146"
},
{
"fmv": "858783",
"name": "WEST STREET GLOBAL GROWTH OFFSHORE FEEDER FUND, LLC",
"shareOfAssets": "0.0200933587561000742074501135293"
},
{
"fmv": "820038",
"name": "WEST STREET CAPITAL PARTNERS VIII, L.P.",
"shareOfAssets": "0.0191868233624032993817168902951"
},
{
"fmv": "435598",
"name": "PRIVATE EQUITY MANAGERS (2021) OFFSHORE SCSP",
"shareOfAssets": "0.0101918958426513800629691721344"
}
]
}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.