Sealed proof · filed Form 990-PF

CHANGE HAPPENS FOUNDATION A DELAWARE NONPROFIT ORGANIZATION

EIN 20-5222620, 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.

Listed in the IRS register as CHANGE HAPPENS FOUNDATION A DELAWARE NONPROFIT CORPORATION. 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. 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 November 6, 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 distributions0.79×

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 rate3.9%

of net noncharitable-use assets; the legal test is the distributable amount, not this rate

Assets at fair market value$17.8M

end of the tax year, Part II

Largest listed stock6.3%

VANGUARD INDEX FDS ETF S&P 500

If that stock halved−3.2%

of total assets, from that one name

Keep This Record

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

CHANGE HAPPENS FOUNDATION A DELAWARE NONPROFIT ORGANIZATION · Form 990-PF, year ended December 31, 2024checking

Minimum investment return (the 5% figure)Excise tax on investment incomeDistributable amount (what had to be paid out)Qualifying distributions (what was paid out)

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/fc616e79e2de — it fits on a printed page, and whoever opens it can run the same check.

The return’s own arithmetic, re-done

Each line as filed and as recomputed
Line	As filed	Recomputed	Result
Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)	$863,578	$863,578.2	recomputes, within the form's whole-dollar rounding (difference −$0.2)
Excise tax: 1.39% of net investment income (Part V line 1)	$13,854	$13,854.3941	recomputes, within the form's whole-dollar rounding (difference −$0.3941)
Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)	$849,756	$849,756	recomputes exactly

Where the assets sit, at fair market value

Assets by Part II line, at fair market value
Part II line	Fair market value	Share of assets
Savings and temporary cash investments (line 2)	$168,453	0.9%
U.S. and state government obligations (line 10a)	$6,928	<0.1%
Corporate stock (line 10b)	$9.9M	55.5%
Other investments (line 13)	$7.7M	43.5%

The ten largest listed stocks, of 201 on the schedule

The schedule ties to Part II line 10b exactly. It behaves like 21.9 equal holdings; the ten largest are 58.8% of the listed stock.

The ten largest listed stocks
Stock, as listed	Fair market value	Share of assets
VANGUARD INDEX FDS ETF S&P 500	$1.1M	6.3%
ISHARES TRUST ETF ISHARES ESG	$1.1M	6.2%
VANGUARD MID CAP ETF VO	$720,283	4.0%
ISHARES TR ETF ESG MSCI USA SM	$616,705	3.5%
SPDR PORTFOLIO ETF INTERMEDIAT	$478,918	2.7%
SPDR GOLD TRUST ETF GLD	$438,982	2.5%
ISHARES TR ETF ISHARES ESG AWA	$433,084	2.4%
VANGUARD DIVIDEND ETF APPRECIA	$336,632	1.9%
ISHARES TR ETF ESG AWARE US AG	$306,968	1.7%
ISHARES INC ETF ISHARES ESG AW	$248,555	1.4%

Largest other investments (line 13), as listed

Largest other investments, line 13
JPMORGAN TR II LARGE CAP GROWT	$1.1M	6.0%
SMEAD FDS TR VALUED FD INSTL C	$799,416	4.5%
ABBEY CAPITAL MULTI-MNGR FUND	$780,615	4.4%
PARNASSUS CORE EQUITY FUND INS	$750,733	4.2%
CANYON BALANCED ASP FUND CLASS	$636,493	3.6%

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 $863,578; recomputed $863,578.2; agrees within the form's whole-dollar rounding.
Excise tax	Part V line 1 against 1.39% of net investment income	agrees	Filed $13,854; recomputed $13,854.39; 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 $849,756; recomputed $849,756; agrees to the dollar.
Payout coverage	Part XI total against Part X line 7	reported	Qualifying distributions $675,019 against a distributable amount of $849,756 (0.79×).
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	201 listed holdings sum to Part II line 10b exactly; the largest is 6.3% 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 6 November 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.	$13,854	Projected under the assumptions below
December 31, 2026	Distributable amount for the year ending 31 December 2025, to be paid out	$849,723	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 $690,862, $172,715 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, $17271564; the thirteen-month average is not observable from a filing.
Net investment income for that year equals this return's, $996719.
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) 24bff3d81aa5b9ae… · 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.

Walk through it with a person →

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 fc616e79e2de7c8c32b9062162f5c419161162493adce0799ef65d61bfef42e0 · recomputed now, matches

return Form 990-PF, IRS object 202503109349101765, schema 2024v5.2 — the file as the IRS published it hashes to dfac0be3fc9a2996…

source file 202503109349101765_public.xml inside 2025_TEOS_XML_11A.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py fc616e79e2de --fetch

arithmetic kernel@2026-09-15.1 · kernel proof 587fbfb215d35afc…

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 superseded

This 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.

Check It at /verifyKeep This Record

The program, and the full body that was hashed

let total_assets_fmv = 17817687 USD
let mix_savings = share(168453 USD, total_assets_fmv)
let mix_government = share(6928 USD, total_assets_fmv)
let mix_stock = share(9888140 USD, total_assets_fmv)
let mix_other = share(7749640 USD, total_assets_fmv)
let net_noncharitable_assets = 17271564 USD
let mir_filed = 863578 USD
let mir_recomputed = net_noncharitable_assets * 5%
let mir_difference = mir_filed - mir_recomputed
let net_investment_income = 996719 USD
let excise_filed = 13854 USD
let excise_recomputed = net_investment_income * 1.39%
let excise_difference = excise_filed - excise_recomputed
let distributable_filed = 849756 USD
let distributable_recomputed = 863578 USD - 13854 USD + 32 USD - 0 USD
let distributable_difference = distributable_filed - distributable_recomputed
let qualifying_distributions = 675019 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 = [1122880 USD, 1109655 USD, 720283 USD, 616705 USD, 478918 USD, 438982 USD, 433084 USD, 336632 USD, 306968 USD, 248555 USD, 192413 USD, 175314 USD, 156803 USD, 79983 USD, 55642 USD, 54627 USD, 49867 USD, 48958 USD, 48157 USD, 46486 USD, 46466 USD, 44101 USD, 43159 USD, 42150 USD, 41503 USD, 41158 USD, 39595 USD, 38105 USD, 37540 USD, 35551 USD, 34983 USD, 34296 USD, 33858 USD, 33565 USD, 33089 USD, 31579 USD, 31160 USD, 31014 USD, 29864 USD, 28739 USD, 28206 USD, 27766 USD, 27411 USD, 27398 USD, 27354 USD, 26714 USD, 26247 USD, 25893 USD, 25888 USD, 25365 USD, 25343 USD, 25178 USD, 25003 USD, 24910 USD, 24683 USD, 24641 USD, 24621 USD, 24185 USD, 23913 USD, 23828 USD, 23759 USD, 23711 USD, 23696 USD, 23270 USD, 23183 USD, 23179 USD, 22996 USD, 22966 USD, 22770 USD, 22745 USD, 22391 USD, 22123 USD, 22047 USD, 21787 USD, 21752 USD, 21565 USD, 21329 USD, 21239 USD, 20927 USD, 20499 USD, 20426 USD, 20400 USD, 20375 USD, 20075 USD, 19741 USD, 19717 USD, 19713 USD, 19697 USD, 19606 USD, 19557 USD, 19093 USD, 18914 USD, 18874 USD, 18839 USD, 18493 USD, 18411 USD, 18378 USD, 18225 USD, 17905 USD, 17630 USD, 17369 USD, 17238 USD, 17185 USD, 17102 USD, 17046 USD, 17030 USD, 16756 USD, 16727 USD, 16715 USD, 16708 USD, 16334 USD, 16177 USD, 15839 USD, 15811 USD, 15751 USD, 15690 USD, 15650 USD, 15491 USD, 15488 USD, 15354 USD, 15248 USD, 15211 USD, 15090 USD, 15084 USD, 14811 USD, 14693 USD, 14586 USD, 14377 USD, 14143 USD, 14079 USD, 14024 USD, 14018 USD, 13992 USD, 13673 USD, 13310 USD, 13229 USD, 13185 USD, 12825 USD, 12182 USD, 11988 USD, 11952 USD, 11903 USD, 11666 USD, 11527 USD, 11504 USD, 11455 USD, 11453 USD, 11406 USD, 11160 USD, 10995 USD, 10957 USD, 10928 USD, 10795 USD, 10786 USD, 10715 USD, 10567 USD, 10495 USD, 10416 USD, 10405 USD, 10303 USD, 10255 USD, 9920 USD, 9518 USD, 9443 USD, 9428 USD, 9266 USD, 9105 USD, 8556 USD, 8522 USD, 8248 USD, 7906 USD, 7714 USD, 7674 USD, 7579 USD, 7420 USD, 7409 USD, 7346 USD, 7101 USD, 7075 USD, 6886 USD, 6850 USD, 6615 USD, 6202 USD, 5932 USD, 5545 USD, 5509 USD, 5442 USD, 5397 USD, 5149 USD, 4958 USD, 4130 USD, 3930 USD, 3911 USD, 3890 USD, 3261 USD, 3104 USD, 3071 USD, 3017 USD, 2991 USD, 2887 USD, 2444 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([1122880 USD, 1109655 USD, 720283 USD, 616705 USD, 478918 USD, 438982 USD, 433084 USD, 336632 USD, 306968 USD, 248555 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": "168453",
      "line": "savings",
      "label": "Savings and temporary cash investments (line 2)",
      "share": "0.00945425744654735488394200661399"
    },
    {
      "fmv": "6928",
      "line": "government",
      "label": "U.S. and state government obligations (line 10a)",
      "share": "0.000388827124418562297115220398697"
    },
    {
      "fmv": "9888140",
      "line": "stock",
      "label": "Corporate stock (line 10b)",
      "share": "0.554962044175543099393316315412"
    },
    {
      "fmv": "7749640",
      "line": "other",
      "label": "Other investments (line 13)",
      "share": "0.434940853995246408807158864111"
    }
  ],
  "kind": "public-filing-990pf",
  "lens": "AXIOM",
  "build": {
    "commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
    "digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
  },
  "filer": {
    "ein": "205222620",
    "name": "CHANGE HAPPENS FOUNDATION A DELAWARE NONPROFIT ORGANIZATION"
  },
  "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": "863578",
      "label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
      "verdict": "rounding",
      "difference": "-0.2",
      "recomputed": "863578.2"
    },
    {
      "id": "excise_tax",
      "note": null,
      "filed": "13854",
      "label": "Excise tax: 1.39% of net investment income (Part V line 1)",
      "verdict": "rounding",
      "difference": "-0.3941",
      "recomputed": "13854.3941"
    },
    {
      "id": "distributable_amount",
      "note": null,
      "filed": "849756",
      "label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
      "verdict": "exact",
      "difference": "0",
      "recomputed": "849756"
    }
  ],
  "engine": "kernel@2026-09-15.1",
  "source": {
    "form": "990-PF",
    "lines": {
      "netInvestmentIncome": "996719",
      "grossInvestmentIncome": "1254141",
      "netNoncharitableAssets": "17271564",
      "undistributedCurrentYear": "0"
    },
    "period": {
      "end": "2024-12-31",
      "days": 366,
      "begin": "2024-01-01"
    },
    "amended": false,
    "foreign": {
      "organization": false,
      "meets85PctTest": false
    },
    "objectId": "202503109349101765",
    "returnTs": "2025-11-06T15:02:48-06:00",
    "operating": false,
    "sourceSha256": "dfac0be3fc9a299629b19ce34d5fc243821c41b14791f3e973884ca22cc75f68",
    "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 = 17817687 USD\nlet mix_savings = share(168453 USD, total_assets_fmv)\nlet mix_government = share(6928 USD, total_assets_fmv)\nlet mix_stock = share(9888140 USD, total_assets_fmv)\nlet mix_other = share(7749640 USD, total_assets_fmv)\nlet net_noncharitable_assets = 17271564 USD\nlet mir_filed = 863578 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 996719 USD\nlet excise_filed = 13854 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 849756 USD\nlet distributable_recomputed = 863578 USD - 13854 USD + 32 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 675019 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 = [1122880 USD, 1109655 USD, 720283 USD, 616705 USD, 478918 USD, 438982 USD, 433084 USD, 336632 USD, 306968 USD, 248555 USD, 192413 USD, 175314 USD, 156803 USD, 79983 USD, 55642 USD, 54627 USD, 49867 USD, 48958 USD, 48157 USD, 46486 USD, 46466 USD, 44101 USD, 43159 USD, 42150 USD, 41503 USD, 41158 USD, 39595 USD, 38105 USD, 37540 USD, 35551 USD, 34983 USD, 34296 USD, 33858 USD, 33565 USD, 33089 USD, 31579 USD, 31160 USD, 31014 USD, 29864 USD, 28739 USD, 28206 USD, 27766 USD, 27411 USD, 27398 USD, 27354 USD, 26714 USD, 26247 USD, 25893 USD, 25888 USD, 25365 USD, 25343 USD, 25178 USD, 25003 USD, 24910 USD, 24683 USD, 24641 USD, 24621 USD, 24185 USD, 23913 USD, 23828 USD, 23759 USD, 23711 USD, 23696 USD, 23270 USD, 23183 USD, 23179 USD, 22996 USD, 22966 USD, 22770 USD, 22745 USD, 22391 USD, 22123 USD, 22047 USD, 21787 USD, 21752 USD, 21565 USD, 21329 USD, 21239 USD, 20927 USD, 20499 USD, 20426 USD, 20400 USD, 20375 USD, 20075 USD, 19741 USD, 19717 USD, 19713 USD, 19697 USD, 19606 USD, 19557 USD, 19093 USD, 18914 USD, 18874 USD, 18839 USD, 18493 USD, 18411 USD, 18378 USD, 18225 USD, 17905 USD, 17630 USD, 17369 USD, 17238 USD, 17185 USD, 17102 USD, 17046 USD, 17030 USD, 16756 USD, 16727 USD, 16715 USD, 16708 USD, 16334 USD, 16177 USD, 15839 USD, 15811 USD, 15751 USD, 15690 USD, 15650 USD, 15491 USD, 15488 USD, 15354 USD, 15248 USD, 15211 USD, 15090 USD, 15084 USD, 14811 USD, 14693 USD, 14586 USD, 14377 USD, 14143 USD, 14079 USD, 14024 USD, 14018 USD, 13992 USD, 13673 USD, 13310 USD, 13229 USD, 13185 USD, 12825 USD, 12182 USD, 11988 USD, 11952 USD, 11903 USD, 11666 USD, 11527 USD, 11504 USD, 11455 USD, 11453 USD, 11406 USD, 11160 USD, 10995 USD, 10957 USD, 10928 USD, 10795 USD, 10786 USD, 10715 USD, 10567 USD, 10495 USD, 10416 USD, 10405 USD, 10303 USD, 10255 USD, 9920 USD, 9518 USD, 9443 USD, 9428 USD, 9266 USD, 9105 USD, 8556 USD, 8522 USD, 8248 USD, 7906 USD, 7714 USD, 7674 USD, 7579 USD, 7420 USD, 7409 USD, 7346 USD, 7101 USD, 7075 USD, 6886 USD, 6850 USD, 6615 USD, 6202 USD, 5932 USD, 5545 USD, 5509 USD, 5442 USD, 5397 USD, 5149 USD, 4958 USD, 4130 USD, 3930 USD, 3911 USD, 3890 USD, 3261 USD, 3104 USD, 3071 USD, 3017 USD, 2991 USD, 2887 USD, 2444 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([1122880 USD, 1109655 USD, 720283 USD, 616705 USD, 478918 USD, 438982 USD, 433084 USD, 336632 USD, 306968 USD, 248555 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": {
    "mir_filed": "863578 USD",
    "mix_other": "0.434940853995246408807158864111",
    "mix_stock": "0.554962044175543099393316315412",
    "mix_savings": "0.00945425744654735488394200661399",
    "payout_rate": "0.0390826794840351458617181397122",
    "stock_count": "201",
    "excise_filed": "13854 USD",
    "largest_stock": "1122880 USD",
    "mir_difference": "-0.2 USD",
    "mir_recomputed": "863578.2 USD",
    "mix_government": "0.000388827124418562297115220398697",
    "payout_coverage": "0.794368030352242290728161966494",
    "total_assets_fmv": "17817687 USD",
    "excise_difference": "-0.3941 USD",
    "excise_recomputed": "13854.3941 USD",
    "distributable_filed": "849756 USD",
    "stock_concentration": "0.0455746326403435287471075360865",
    "top10_share_of_stock": "0.587841798356414856585768405383",
    "net_investment_income": "996719 USD",
    "distributable_difference": "0 USD",
    "distributable_recomputed": "849756 USD",
    "effective_stock_holdings": "21.9420309515513470872426715822",
    "net_noncharitable_assets": "17271564 USD",
    "qualifying_distributions": "675019 USD",
    "undistributed_to_next_year": "0 USD",
    "largest_stock_share_of_assets": "0.0630205256159230993338248673916",
    "largest_stock_halved_share_of_assets": "0.0315102628079615496669124336958"
  },
  "version": 2,
  "holdings": {
    "tie": "exact",
    "top": [
      {
        "fmv": "1122880",
        "name": "VANGUARD INDEX FDS ETF S&P 500",
        "shareOfAssets": "0.0630205256159230993338248673916"
      },
      {
        "fmv": "1109655",
        "name": "ISHARES TRUST ETF ISHARES ESG",
        "shareOfAssets": "0.0622782856158602404453507349186"
      },
      {
        "fmv": "720283",
        "name": "VANGUARD MID CAP ETF VO",
        "shareOfAssets": "0.0404251685417978214568479062406"
      },
      {
        "fmv": "616705",
        "name": "ISHARES TR ETF ESG MSCI USA SM",
        "shareOfAssets": "0.0346119560861070238802601033456"
      },
      {
        "fmv": "478918",
        "name": "SPDR PORTFOLIO ETF INTERMEDIAT",
        "shareOfAssets": "0.0268787974555844425822498733983"
      },
      {
        "fmv": "438982",
        "name": "SPDR GOLD TRUST ETF GLD",
        "shareOfAssets": "0.0246374290894210904030360394141"
      },
      {
        "fmv": "433084",
        "name": "ISHARES TR ETF ISHARES ESG AWA",
        "shareOfAssets": "0.0243064096927957035051743809396"
      },
      {
        "fmv": "336632",
        "name": "VANGUARD DIVIDEND ETF APPRECIA",
        "shareOfAssets": "0.0188931369150215737878884054928"
      },
      {
        "fmv": "306968",
        "name": "ISHARES TR ETF ESG AWARE US AG",
        "shareOfAssets": "0.0172282743545781222893858220767"
      },
      {
        "fmv": "248555",
        "name": "ISHARES INC ETF ISHARES ESG AW",
        "shareOfAssets": "0.0139499027006142828752127029732"
      }
    ],
    "count": 201,
    "schedule": "Corporate stock (line 10b)"
  },
  "refusals": [],
  "blankLines": [],
  "kernelProof": "587fbfb215d35afc03fa040d60eae55841b351494cb389850e54ef1a54df5b22",
  "otherInvestments": [
    {
      "fmv": "1060315",
      "name": "JPMORGAN TR II LARGE CAP GROWT",
      "shareOfAssets": "0.0595091270825444402519810792501"
    },
    {
      "fmv": "799416",
      "name": "SMEAD FDS TR VALUED FD INSTL C",
      "shareOfAssets": "0.0448664296325331116210538438575"
    },
    {
      "fmv": "780615",
      "name": "ABBEY CAPITAL MULTI-MNGR FUND",
      "shareOfAssets": "0.0438112421662811789206982926572"
    },
    {
      "fmv": "750733",
      "name": "PARNASSUS CORE EQUITY FUND INS",
      "shareOfAssets": "0.0421341445721882980658488388532"
    },
    {
      "fmv": "636493",
      "name": "CANYON BALANCED ASP FUND CLASS",
      "shareOfAssets": "0.0357225379478267858224246502927"
    }
  ]
}

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.