TY 2021 Form 990PF

- TIN:

Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021

Name of foundation
The Caruso Foundation
dba Caruso Entrepreneurship Initiative

Number and street (or P.O. box number if mail is not delivered to street address)3333 23rd Street
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Boulder, CO80304

A Employer identification number

84-1559444

B Telephone number (see instructions)

(303) 652-9181

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$54,883,374J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	495,623
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	44,080		44,080
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		3,070,936
b	Gross sales price for all assets on line 6a 6,331,881
7	Capital gain net income (from Part IV, line 2)...			3,070,936
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		41,955	93,564
12	Total. Add lines 1 through 11........	3,652,594		3,208,580
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		18,084	0	0
c	Other professional fees (attach schedule)....		35,698	0	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		429,717	429,717	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		326,400	326,400	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	809,899		756,117	0
25	Contributions, gifts, grants paid.......	1,943,000			1,943,000
26	Total expenses and disbursements. Add lines 24 and 25	2,752,899		756,117	1,943,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	899,695
b	Net investment income (if negative, enter -0-)			2,452,463
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	16,572,857	14,230,281	14,230,281
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	25,189	0	0
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	23,932,383	26,854,166	40,653,093
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	40,530,429	41,084,447	54,883,374
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	291	291
	23	Total liabilities (add lines 17 through 22).........	291	291
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	40,530,138	41,084,156
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	40,530,138	41,084,156
	30	Total liabilities and net assets/fund balances (see instructions).	40,530,429	41,084,447

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

40,530,138

Enter amount from Part I, line 27a .....................

899,695

Other increases not included in line 2 (itemize) bullet

93,297

Add lines 1, 2, and 3 ..........................

41,523,130

Decreases not included in line 2 (itemize) bullet

438,974

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

41,084,156

Form 990-PF (2021)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(d) Date sold (mo., day, yr.)
1 a	Boeing Co Com	P
b	Bolder Surgical Holdings Hologic	P	2021-11-29
c	CC-Tiger Global	P
d	CC-Tiger Global	P
e	CC-Tiger Global	P
	CC-Tiger Global	P
	Coinbase Global Inc.	P
	Draftkings Inc	P
	Endeavor Catalyst II LP	P
	Endeavor Catalyst II LP	P
	Endeavor Catalyst III LP	P
	Endeavor Catalyst III LP	P
	Ezza Salon	P	2021-12-31
	Goldman Sachs	P
	Invitae Corp	P
	JD Com Inc	P
	Kenosha Credit Opportunities Fund LP	P
	Kenosha Credit Opportunities Fund LP - Loss on disposition	P
	Maroon Peaks PEF III LP	P
	Maroon Peaks PEF III LP	P
	Maroon Peaks PEF IV LP	P
	Maroon Peaks PEF IV LP	P
	Maroon Peaks PEF IV LP	P
	Maroon Peaks PEF V LP	P
	Maroon Peaks PEF V LP	P
	Maroon Peaks PEF VIII LP	P
	Maroon Peaks PEF VIII LP	P
	Maroon Peaks PEF VIII LP	P
	Nvidia Corporation	P
	Palantir Technologies Inc	P
	Penn National Gaming Inc.	P
	Quantumscape Corp Com Cl A	P
	Roku Inc Com	P
	Secureset Fund I LLC	P
	Snowflake Inc Cl A	P
	Switch Inc Cl A	P
	The Kitchen Cafe	P
	Uber Technologoes Inc	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	226,221	199,976	26,245
b	171,608	34,040	137,568
c		4,716	-4,716
d	24,623		24,623
e		4,525	-4,525
	25,668		25,668
	512,567	15,089	497,478
	309,355	250,005	59,350
	132		132
	59,345		59,345
	18,770		18,770
	5,851		5,851
		175,000	-175,000
	226,987	200,273	26,714
	541,593	499,502	42,091
	141,850	2,032	139,818
		12,400	-12,400
		65,174	-65,174
		45	-45
		18,669	-18,669
	237,926		237,926
		8	-8
		645	-645
		913	-913
	584,084		584,084
	562,027		562,027
	15,519		15,519
	13,969		13,969
	364,454	250,417	114,037
	714,182	499,656	214,526
	251,624	251,396	228
	565,714	500,112	65,602
	356,663	249,480	107,183
	815		815
	44,831	802	44,029
	30,724	23,157	7,567
		462	-462
	324,779	2,451	322,328

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			26,245
b			137,568
c			-4,716
d			24,623
e			-4,525
			25,668
			497,478
			59,350
			132
			59,345
			18,770
			5,851
			-175,000
			26,714
			42,091
			139,818
			-12,400
			-65,174
			-45
			-18,669
			237,926
			-8
			-645
			-913
			584,084
			562,027
			15,519
			13,969
			114,037
			214,526
			228
			65,602
			107,183
			815
			44,029
			7,567
			-462
			322,328

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	3,070,936
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Form 990-PF (2021)

Page 4

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	34,089
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	34,089
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	26,407
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	30,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	56,407
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	105
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	22,213
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax22,213	Refunded	11	0

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation . Click to see attachment

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

Danielle Lloyd Telephone no. bullet

(303) 968-1737

Located at bullet

3333 23rd StreetBoulderCO ZIP+4 bullet

80304

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2021? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2021.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
Daniel P Caruso	President 0.00	0	0	0
3333 23rd St Boulder,CO80304	President 0.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2021)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2021)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

608,073

Average of monthly cash balances.......................

15,271,528

Fair market value of all other assets (see instructions)................

40,569,314

Total (add lines 1a, b, and c).........................

56,448,915

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

56,448,915

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

846,734

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

55,602,181

Minimum investment return. Enter 5% (0.05) of line 5................

2,780,109

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part IX, line 6..................

2,780,109

Tax on investment income for 2021 from Part V, line 5.......

34,089

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

34,089

Distributable amount before adjustments. Subtract line 2c from line 1............

2,746,020

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

2,746,020

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

2,746,020

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					2,746,020
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......	158,811
b From 2017......	98,952
c From 2018......	195,724
d From 2019......	665,534
e From 2020......
f Total of lines 3a through e ........		1,119,021
4Qualifying distributions for 2021 from Part
XI, line 4: $ 1,943,000
a Applied to 2020, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2021 distributable amount.....					1,943,000
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2021.		803,020			803,020
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		316,001
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		316,001
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....	316,001
d Excess from 2020....
e Excess from 2021....

Form 990-PF (2021)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
A Precious Child 7051 W 118th Ave Broomfield,MD21204	None	PC	Program Funding	5,000
Access Opportunity 1871 Folsam Street Suite 110 Boulder,CO80302	None	PC	Program Funding	40,000
Boulder Cancer Fighters 4373 Peach Court Boulder,CO80301	None	PC	Program Funding	20,000
Boulder Chamber of Commerce 2440 Pearl Street Boulder,CO80302	None	PC	Program Funding	50,000
Boulder Historical Society 2205 Broadway Boulder,CO80302	None	PC	Program Funding	60,000
Breakthrough Alliance of Colorado 1644 Platte Street Suite 400 Denver,CO80202	None	PC	Program Funding	25,000
Colorado Thrives 3121 Quitman Street Denver,CO80212	None	PC	Program Funding	50,000
Denver School of Science and Technology 2000 Valentia Street Denver,CO80238	None	PC	Program Funding	10,000
EforAll 1925 Pike Rd Suite 200 Longmont,CO80020	None	PC	Program Funding	30,000
Endeavor Colorado 900 Broadway Suite 301 New York,NY10003	None	PC	Program Funding	250,000
Evans Scholars Foundation 2501 Patriot Boulevard Glenview,IL60026	None	PC	Program Funding	10,000
Greenhouse Scholars 1881 9th Street Suite 200 Boulder,CO80302	None	PC	Program Funding	79,000
Growing Gardens of Boulder 1630 Hawthorn Ave Boulder,CO80304	None	PC	Program Funding	10,000
Impact of Education 721 Front St Suite A Louisville,CO80027	None	PC	Program Funding	7,500
National Center for Women & Information Technology 1909 26th Street 2nd Floor Boulder,CO80302	None	PC	Program Funding	25,000
Shelter Inc 1616 Arlington Heights Road Arlington Heights,IL60004	None	PC	Program Funding	1,500
The Watson Institute 1310 College Ave Boulder,CO80302	None	PC	Program Funding	25,000
University of Chicago Booth School of Business 5807 S Woodlawn Ave Chicago,IL60637	None	PC	Program Funding	235,000
University of Colorado Foundation 1800 Grant Street Denver,CO80203	None	PC	Program Funding	700,000
University of Illinois 506 S Wright Street Urbana,IL61801	None	PC	Program Funding	300,000
Women's Leadership Foundation 1350 17th St Suite 100 Denver,CO80202	None	PC	Program Funding	10,000
Total ................................. 3a				1,943,000

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............	900001	36,001	18	3,034,935
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aCC-Tiger Global LP		-21,429	14	3,303
bDoc Forge			14	25,000
cEndeavor Catalyst II LP		0	14	232
dEndeavor Catalyst III LP		0	14	-39
eMaroon PEF III LP		-3,971	14	3,126
fMaroon PEF IV LP		-985	14	13,439
gMaroon PEF V LP		-585	14	14,070
hMaroon PEF VIII LP		-10,985	14	55,710
iThe Kitchen Cafe LLC		-38,654	14	3,723
12 Subtotal. Add columns (b), (d), and (e) ..		-40,608		3,197,579	0

13Total. Add line 12, columns (b), (d), and (e)..................

3,156,971

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2021)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Name of the organization

The Caruso Foundation
dba Caruso Entrepreneurship Initiative

Employer identification number

84-1559444

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2021)

Schedule B (Form 990) (2021) Page 2

Name of organization The Caruso Foundation dba Caruso Entrepreneurship Initiative

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	Daniel P Caruso 3333 23rd St Boulder, CO80304	$ 447,561	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	Robert Caruso 24550 S Moorman Ave Channahon, IL60410	$ 39,459	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
3	Penelope Caruso 24550 S Moorman Ave Channahon, IL60410	$ 8,603	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization The Caruso Foundation dba Caruso Entrepreneurship Initiative		Employer identification number 84-1559444

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	2,031 shares Uber	$ 92,999	2021-05-10
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	1,057 shares Coinbase	$ 310,177	2021-05-10
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	229 shares Snowflake Inc.	$ 44,385	2021-05-10
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 4


Name of organization The Caruso Foundation dba Caruso Entrepreneurship Initiative			Employer identification number 84-1559444
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2021 AccountingFeesSchedule

Name:

The Caruso Foundation

dba Caruso Entrepreneurship Initiative

EIN:

84-1559444

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Accounting	18,084	0		0

- TIN:

TY 2021 ExplnOfNonFilingWithAGStmt

Name:

The Caruso Foundation

dba Caruso Entrepreneurship Initiative

EIN:

84-1559444

Statement:

Colorado does not require or accept copies of Form 990-PF.

- TIN:

TY 2021 GeneralExplanationAttachment

Name:

The Caruso Foundation

dba Caruso Entrepreneurship Initiative

EIN:

84-1559444

Identifier	Return Reference	Explanation
	Mission Statement	Mission Statement: To inspire entrepreneurship, advance knowledge, and empower those in our communities to live healthier lives. Initiatives: The Caruso Foundation's primary charitable initiative is to promote and grow the entrepreneurial community which will provide positive social and economic impacts to our society. This initiative includes promoting the growth of business startups, educating entrepreneurs, and supporting provocative and innovative endeavors that build the associated infrastructure for sustained growth in our communities, both in terms of breakthrough ideas and human progress. As part of our other charitable goals, we support organizations that promote healthy living through natural and organic foods and sustainable agriculture and seek ways to provide women, minorities and underserved populations with equal opportunities and access to education, leadership positions and other resources. The Caruso Foundation was created by Dan and Cindy Caruso, building multi-generational support to organizations focused on entrepreneurship and improving the health and knowledge of individuals worldwide.

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

The Caruso Foundation

dba Caruso Entrepreneurship Initiative

EIN:

84-1559444

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
AMIOpportunities	AT COST	25,000	25,000
Arryved Inc.	AT COST	39,357	39,357
Arryved Inc. Seed 2	AT COST	150,000	150,000
Arryved Inc. Series A	AT COST	250,000	250,000
CC - Tiger LP	FMV	1,031,373	1,281,886
Endeavor Catalyst II LP	AT COST	396,142	396,142
Endeavor Catalyst III LP	AT COST	951,486	951,486
Give and Go	AT COST	25,000	25,000
III Credit Opportunities Fund Ltd.	FMV	12,000,000	21,330,588
Loan to Pipeline Equity Inc.	AT COST	100,000	100,000
Manifest Inc.	AT COST	25,000	25,000
Maroon Peaks PEF III LP	FMV	502,471	301,953
Maroon Peaks PEF IV LP	FMV	1,442,083	1,583,603
Maroon Peaks PEF V LP	FMV	1,985,319	2,277,679
Maroon Peaks PEF VIII LP	FMV	2,561,228	6,686,871
Maybell Quantum Industries Inc.	AT COST	1,500,000	1,500,000
Mindful Care	AT COST	199,958	199,958
Pippin Title Inc.	AT COST	50,000	50,000
Secureset Academy	AT COST	200,000	200,000
Secureset Fund I	FMV	84,753	85,642
Spark Grills Inc.	AT COST	1,359,900	1,359,900
The Kitchen Cafe LLC	FMV	275,096	133,028
Tiger Global PIP XV Feeder LP	AT COST	1,650,000	1,650,000
Vetted Pet Health Inc	AT COST	50,000	50,000

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

The Caruso Foundation

dba Caruso Entrepreneurship Initiative

EIN:

84-1559444

Description	Amount
Nondeductible Expenses	1,660
Cost Basis Adjustment	437,314

- TIN:

TY 2021 OtherExpensesSchedule

Name:

The Caruso Foundation

dba Caruso Entrepreneurship Initiative

EIN:

84-1559444

Description	Revenue and Expenses per Books	Net Investment Income
Advisory Fees	118,568	118,568
CC - Tiger LP	40,831	40,831
Endeavor Catalyst II LP	7,768	7,768
Endeavor Catalyst III LP	19,400	19,400
Maroon Peaks PEF III LP	5,296	5,296
Maroon Peaks PEF IV LP	19,764	19,764
Maroon Peaks PEF V LP	23,770	23,770
Maroon Peaks PEF VIII LP	83,810	83,810
Miscellaneous Expenses	3,314	3,314
Secureset Fund I LLC	618	618
The Kitchen Cafe LLC	3,261	3,261

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

The Caruso Foundation

dba Caruso Entrepreneurship Initiative

EIN:

84-1559444

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
CC-Tiger Global LP	-18,126	3,303	-18,126
Doc Forge	25,000		25,000
Endeavor Catalyst II LP	232	232	232
Endeavor Catalyst III LP	-39	-39	-39
Maroon PEF III LP	-845	3,126	-845
Maroon PEF IV LP	12,454	13,439	12,454
Maroon PEF V LP	13,485	14,070	13,485
Maroon PEF VIII LP	44,725	55,710	44,725
The Kitchen Cafe LLC	-34,931	3,723	-34,931

- TIN:

TY 2021 OtherIncreasesSchedule

Name:

The Caruso Foundation

dba Caruso Entrepreneurship Initiative

EIN:

84-1559444

Description	Amount
Tax-Exempt Income	25,383
QSBS Exclusion	67,914

- TIN:

TY 2021 OtherLiabilitiesSchedule

Name:

The Caruso Foundation

dba Caruso Entrepreneurship Initiative

EIN:

84-1559444

Description	Beginning of Year - Book Value	End of Year - Book Value
Due to Daniel P. Caruso	291	291

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

The Caruso Foundation

dba Caruso Entrepreneurship Initiative

EIN:

84-1559444

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Professional Fees	35,698	0		0

- TIN:

TY 2021 TaxesSchedule

Name:

The Caruso Foundation

dba Caruso Entrepreneurship Initiative

EIN:

84-1559444

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Foreign Taxes	9,717	9,717		0
Federal Income Tax	420,000	420,000		0