Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
WALTMAR FOUNDATION
C/O LARRY BELTRAMO
Number and street (or P.O. box number if mail is not delivered to street address)20 CORPORATE PARK 160
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
IRVINE, CA92606
A Employer identification number

95-2371506
B Telephone number (see instructions)

(714) 628-7335
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$13,300,387J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I 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 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 81,509 81,509  
4 Dividends and interest from securities... 222,097 222,097  
5a Gross rents............ 205,584 205,584  
b Net rental income or (loss) 136,761
6a Net gain or (loss) from sale of assets not on line 10 437,570
b Gross sales price for all assets on line 6a 4,715,861
7 Capital gain net income (from Part IV, line 2)... 437,570
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)....... Click to see attachment
List of Attached Documents:
// Content
5,665 2,273  
12 Total. Add lines 1 through 11........ 952,425 949,033  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 23,220 4,644   18,576
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
150 150   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
12,905 10,324   2,581
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
59,195 59,195   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
56,272 29,651   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
31,942 31,942  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
20,870 20,438   432
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 204,554 156,344   21,589
25 Contributions, gifts, grants paid....... 499,100 499,100
26 Total expenses and disbursements. Add lines 24 and 25 703,654 156,344   520,689
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 248,771
b Net investment income (if negative, enter -0-) 792,689
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 48,312 43,244 43,244
2 Savings and temporary cash investments......... 890,333 723,887 723,887
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 881,267 Click to see attachment
List of Attached Documents:
// Content
1,443,170 		1,459,974
b Investments—corporate stock (attach schedule)....... 4,943,359 Click to see attachment
List of Attached Documents:
// Content
4,605,048 		6,572,298
c Investments—corporate bonds (attach schedule)....... 22,934 Click to see attachment
List of Attached Documents:
// Content
27,145 		31,767
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans............. 558,000 558,000 558,000
13 Investments—other (attach schedule).......... 551,636 Click to see attachment
List of Attached Documents:
// Content
803,295 		1,260,717
14 Land, buildings, and equipment: basis right arrow1,967,827
Less: accumulated depreciation (attach schedule) right arrow789,178 1,222,820 Click to see attachment
List of Attached Documents:
// Content
1,178,649 		2,650,500
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
1,100 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,118,661 9,383,538 13,300,387
Liabilities 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 right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
16,106
23 Total liabilities (add lines 17 through 22)......... 0 16,106
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 9,118,661 9,367,432
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
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)..... 9,118,661 9,367,432
30 Total liabilities and net assets/fund balances (see instructions). 9,118,661 9,383,538
Part III
Analysis of Changes in Net Assets or Fund Balances
1
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) ...............
1
9,118,661
2
Enter amount from Part I, line 27a .....................
2
248,771
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
9,367,432
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,367,432
Form 990-PF (2023)
Form 990-PF (2023)
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 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES   2023-01-01 2023-12-31
b CAPITAL GAINS DIVIDENDS P 2023-01-01 2023-12-31
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 4,706,594   4,278,291 428,303
b 9,267     9,267
c
d
e
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       428,303
b       9,267
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 437,570
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 ................... 		Bracket 3  
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 right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 11,018
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 11,018
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 11,018
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 20,040
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 20,040
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 9,022
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow9,022 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
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.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
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....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet 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? ................
6
Yes
 
7
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..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA
b
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 .
8b
Yes
 
9
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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
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 .............
11
 
No
12
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.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowNOT APPLICABLE
14
The books are in care ofright arrowMELANIE SHANE Telephone no.right arrow (714) 633-9945

Located atright arrowONE UNIVERSITY DRIVEORANGECA ZIP+4right arrow92866
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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
No
1a
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)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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)
 
No
(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)
 
No
b
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 ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2023? .............
1d
 
No
2
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)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
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.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(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)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(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)
 
No
b
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 ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
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? .........................
8
 
No
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
RICHARD R SCHMID DIRECTOR
1.00 		0 0 0
ONE UNIVERSITY DRIVE
ORANGE,CA92866
LARRY BELTRAMO TREASURER
2.00 		0 0 0
ONE UNIVERSITY DRIVE
ORANGE,CA92866
DAVID W SCHMID PRESIDENT
2.00 		0 0 0
ONE UNIVERSITY DRIVE
ORANGE,CA92866
LAURA COOK DIRECTOR
0.50 		0 0 0
ONE UNIVERSITY DRIVE
ORANGE,CA92866
LISA BELTRAMO VICE PRESIDENT
1.00 		0 0 0
ONE UNIVERSITY DRIVE
ORANGE,CA92866
MELANIE SHANE EXECUTIVE DIR.
10.00 		23,220 0 0
ONE UNIVERSITY DRIVE
ORANGE,CA92866
DANIEL SCHMID SECRETARY
2.00 		0 0 0
ONE UNIVERSITY DRIVE
ORANGE,CA92866
STEVEN BELTRAMO DIRECTOR
1.00 		0 0 0
ONE UNIVERSITY DRIVE
ORANGE,CA92866
CATHERINE REEDER DIRECTOR
1.00 		0 0 0
ONE UNIVERSITY DRIVE
ORANGE,CA92866
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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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.............right arrow0
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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
8,574,671
b
Average of monthly cash balances.......................
1b
686,269
c
Fair market value of all other assets (see instructions)................
1c
3,208,500
d
Total (add lines 1a, b, and c).........................
1d
12,469,440
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
12,469,440
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
187,042
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
12,282,398
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
614,120
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.)
1
Minimum investment return from Part IX, line 6..................
1
614,120
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
11,018
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
11,018
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
603,102
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
603,102
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
603,102
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
520,689
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
520,689
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 603,102
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 84,789
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 520,689
a Applied to 2022, but not more than line 2a 84,789
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 2023 distributable amount..... 435,900
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(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 0
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		167,202
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 right arrow
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 (2023)
Form 990-PF (2023)
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)
aPaid during the year

BIG BROTHERSSISTERS OF OC

14131 YORBA STREET SUITE 200
TUSTIN,CA92780 		NONE PC TO SUPPORT MENTOR/MENTEE EVENTS, COLLEGE AND CAREER/FINANCIAL WORKSHOPS IN ADDITION TO WRAPAROUND SERVICES TO SUPPORT COMMUNITY EFFORTS TO STRENGTHEN AND REBUILD SOCIAL CONNECTIONS TO COMBAT THE CURRENT MENTAL HEALTH CRISIS. 4,300

BOY SCOUTS OF ORANGE COUNTY

3590 HARBOR GATEWAY NORTH
COSTA MESA,CA92626 		NONE PC FOR SCHOLARSHIPS FOR UNDERSERVED AND LOW-INCOME YOUTH IN ORANGE COUNTY TO PARTICIPATE IN YEAR-ROUND OUTDOOR EDUCATION PROGRAMS, WITH ACTIVITIES THAT FOCUS ON LEADERSHIP, EDUCATION, SERVICE AND ADVENTURE. 27,000

BOYS AND GIRLS CLUB OF BUENA PARK

7758 KNOTT AVENUE
BUENA PARK,CA90620 		NONE PC TO SUPPORT THE CLUB'S YOUTH DEVELOPMENT SERVICES AND PROGRAMS WHICH OFFER A WIDE RANGE OF EVIDENCE-BASED, AGE-APPROPRIATE PREVENTION AND INTERVENTION YOUTH DEVELOPMENT PROGRAMS SERVING MORE THAN 1,600 SOCIOECONOMICALLY DISADVANTAGED YOUTH EACH YEAR. 13,000

BOYS AND GIRLS CLUB OF GARDEN GROVE

10540 CHAPMAN AVENUE
GARDEN GROVE,CA92840 		NONE PC FUNDS FOR THE NEW TEEN CENTER, INCLUDING CURRICULUM AND EDUCATIONAL MATERIALS AND TRANSPORTATION SUPPORT FOR MEMBERS. THIS PROGRAM WILL ALLOW TEENS FROM LOCAL HIGH SCHOOLS TO PARTICIPATE IN PROGRAMS THAT WILL BUILD CHARACTER AND LEADERSHIP, AS WELL AS PROVIDE ACADEMIC SUPPORT AND CREATE WORKFORCE DEVELOPMENT PROGRAMS.S. 8,600

BOYS AND GIRLS CLUB OF STANTON

11050 CEDAR STREET
STANTON,CA90680 		NONE PC FUNDS USED TO SUSTAIN AND HELP GROW THE COLLEGE BOUND INITIATIVE AT THE CLUB IN STANTON, WHICH PROVIDES A PATHWAY TO COLLEGE AVAILABLE TO ALL YOUNG PEOPLE 7TH-12TH GRADE. 20,300

BOYS AND GIRLS CLUB OF TUSTIN

580 W SIXTH STREET
TUSTIN,CA92780 		NONE PC TO SUPPORT THE EDUCATION CENTER'S ACADEMIC SUCCESS ACTIVITIES. 13,000

BOYS AND GIRLS CLUB OF DANE COUNTY

1818 W BELTLINE HWY
MADISON,WI53713 		NONE PC YOUTH DEVELOPMENT PROGRAMS AND ENRICHMENT 5,000

CHAPMAN UNIVERSITY

ONE UNIVERSITY DRIVE
ORANGE,CA92866 		NONE PC FOR THE SCHMID SCHOOL OF SCIENCE AND ENGINEERING SPEAKERS SERIES. 5,000

CHOC CHILDREN'S FOUNDATION

505 S MAIN STREET
ORANGE,CA92868 		NONE PC TO HELP SUSTAIN AND GROW THE 2021 CHOC RESIDENT DOG PROGRAM. A CHILD LIFE SPECIALIST WORKS ALONGSIDE THE RESIDENT DOG TO MEET SPECIFIC INDIVIDUALIZED TREATMENT GOALS FOR SICK AND INJURED PATIENTS. 22,300

COMPREHENSIVE CONTINUM OF SERVICES

1731 COLORADO AVE
TURLOCK,CA95382 		NONE PC TO PROVIDE SERVICES THAT ENHANCE THE QUALITY OF LIFE FOR THE DEVELOPMENTALLY DISABLED ADULTS IN STANISLAUS AND MERCED COUNTIES BY PROVIDING EDUCATIONAL AND RECREATIONAL OPPORTUNITIES. 2,500

CYPRESS COLLEGE

9200 VALLEY VIEW STREET
CYPRESS,CA90630 		NONE PC SUPPORT FOR STUDENT SCHOLARSHIPS. 14,000

FULLERTON COLLEGE FOUNDATION

321 EAST CHAPMAN AVE
FULLERTON,CA92832 		NONE PC SUPPORT FOR STUDENT SCHOLARSHIPS. 14,000

GOLDEN WEST COLLEGE

15744 GOLDEN WEST ST
HUNTINGTON BEACH,CA92647 		NONE PC SUPPORT FOR STUDENT SCHOLARSHIPS. 14,000

GOODWILL INDUSTRIES

410 NORTH FAIRVIEW STREET
SANTA ANA,CA92703 		NONE PC TO SUPPORT THE ASSISTED TECHNOLOGY EXCHANGE CENTER (ATEC), WHICH AIDS PEOPLE OF ALL AGES WHO HAVE DISABLING CONDITIONS TO OVERCOME BARRIERS THROUGH THE USE OF ASSISTIVE TECHNOLOGY AND AUGMENTATIVE AND ALTERNATIVE COMMUNICATION TECHNOLOGY. 12,100

HUNTINGTON BEACH TREE SOCIETY

16632 WELLINGTON
HUNTINGTON BEACH,CA92649 		NONE PC TO PURCHASE PLANTS AND SUPPLIES OF NATIVE/DROUGHT TOLERANT PLANTS TO BE PLANTED IN THE URBAN FOREST BY VOLUNTEERS IN AN EFFORT TO ENLARGE THE GREEN ENVIRONMENT AND EDUCATE THE PUBLIC ABOUT THE BENEFITS AND IMPORTANCE OF CALIFORNIA FRIENDLY PLANTS. 5,100

INTERVAL HOUSE

PO BOX 3356
SEAL BEACH,CA92626 		NONE PC SUPPORT FOR KEY LIFE-SAVING PROGRAMS TO SERVE THE MOST CULTURALLY UNDERSERVED, DISENFRANCHISED, AND DESTITUTE WOMEN, CHILDREN AND FAMILIES AFFECTED BY DOMESTIC VIOLENCE. 80,000

IRVINE VALLEY COLLEGE FOUNDATION

5500 IRVINE CENTER DRIVE
IRVINE,CA92618 		NONE PC SUPPORT FOR STUDENT SCHOLARSHIPS. 14,000

NDI NEW MEXICO

1140 ALTO STREET
SANTA FE,NM87501 		NONE PC FUNDING TO SUPPORT SERVICES FOR CHILDREN THROUGHOUT NEW MEXICO THROUGH THE PUBLIC SCHOOL SYSTEM, OFFERING CHARACTER AND LIFE SKILLS AS WELL AS DANCE INSTRUCTION. 10,000

NOVA ACADEMY

920 WEST 17TH STREET
SANTA ANA,CA92706 		NONE PC FOR THE NOVA ACADEMY'S STEM ENHANCEMENT PROGRAM TO EXPAND ITS AVAILABLE COURSE OFFERINGS, PROVIDING SPECIALIZED TEACHER TRAINING IN EFFECTIVE INSTRUCTION OF STEM CONTENT, AND EXPANDING THE INTEGRATED STUDENT SUPPORTS AND EDUCATIONAL RESOURCES AVAILABLE TO STUDENTS ACROSS OF VARIETY OF STEM SUBJECTS. 30,000

OLIVE CREST

2130 EAST 4TH STREET STE 200
SANTA ANA,CA92705 		NONE PC TO SUPPORT OLIVE CREST'S PRIVATE FOSTER/ADOPTION PROGRAM IN ORANGE COUNTY. 51,700

ORANGE COAST COLLEGE FOUNDATION

2701 FAIRVIEW ROAD
COSTA MESA,CA92626 		NONE PC SUPPORT FOR STUDENT SCHOLARSHIPS. 14,000

PROJECT COMMUNITY CONNECTIONS INC

302 DECATUR STREET SE
ATLANTA,GA30312 		NONE PC TO SUPPORT THE PERMANENT REHOUSING OF INDIVIDUALS AND FAMILIES EXPERIENCING HOMELESSNESS. 5,000

SAINT JOHN'S HEALTH CENTER FOUNDATION

2121 SANTA MONICA BLVD
SANTA MONICA,CA90404 		NONE PC FOR CANCER RESEARCH. 5,000

SALVATION ARMY

710 SOUTH MAIN STREET
SANTA ANA,CA92701 		NONE PC TO PROVIDE WRAP-AROUND SERVICES FOR VICTIMS OF HUMAN TRAFFICKING. THE PROGRAM'S GOAL IS TO LOCATE, RESCUE, AND RESTORE VICTIMS OF LABOR AND SEX TRAFFICKING, FOREIGN AND DOMESTIC, ADULT AND MINOR, IN AND/OR LIVING IN ORANGE COUNTY, CA. 45,200

SANTA ANA COLLEGE

1530 WEST 17TH STREET
SANTA ANA,CA92706 		NONE PC SUPPORT FOR STUDENT SCHOLARSHIPS. 14,000

SANTIAGO CANYON COLLEGE

8045 EAST CHAPMAN AVE
ORANGE,CA92869 		NONE PC SUPPORT FOR STUDENT SCHOLARSHIPS. 14,000

SECOND HARVEST FOOD BANK OF ORANGE COUNTY

8014 MARINE WAY
IRVINE,CA92618 		NONE PC DISTRIBUTION OF FOOD TO UNDERSERVED COMMUNITIES. 8,500

THE FRIENDLY CENTER

147 WEST ROSE STREET
ORANGE,CA92867 		NONE PC TO PROVIDE SUPPORT FOR THE COMMUNITY RESOURCE CENTER IN BUENA PARK, CA, LOCATED IN AN UNDERSERVED AREA OF THE CITY. THE TWO PROGRAMS' PILLARS OFFERED TO LOW-INCOME RESIDENTS FALL INTO TWO CATEGORIES: STABILITY AND SKILL-BUILDING. 13,000

JF SHEA THERAPEUTIC RIDING CENTER

26284 OSO ROAD
SAN JUAN CAPISTRANO,CA92675 		NONE PC IMPROVE THE LIVES OF PERSONS THROUGH THERAPEUTIC HORSE-RELATED PROGRAMS. 5,000

TURLOCK CHAPLAINCY

PO BOX 2865
TURLOCK,CA95381 		NONE PC SUPPORT LOCAL POLICE AND FIRE DEPARTMENTS. 2,500

VOICES FOR CHILDREN

2851 MEADOW LARK DR
SAN DIEGO,CA92123 		NONE PC SUPPORT SOCIAL SERVICES AND YOUTH PROTECTION OF ABUSED, ABANDONED, OR NEGLECTED CHILDREN BY PROVIDING THEM WITH TRAINED, VOLUNTEER COURT APPOINTED SPECIAL ADVOCATES. 7,000
Total .................................right arrow 3a 499,100
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
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
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 ........... 		    14 81,509  
4 Dividends and interest from securities ....     14 222,096  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 136,761  
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 5,665  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 437,570  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 883,601 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
883,601
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		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 (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
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
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
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
2a
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? ...........
b
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.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 12,905 10,324   2,581

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TY 2023 AmortizationSchedule
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
LEASE COMMISSION 2019-01-01 122,288 48,916 120.000000000000 12,229 12,229   61,145

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TY 2023 DepreciationSchedule
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
BUILDING 2001-03-10 1,245,739 696,091 SL 39.000000000000 31,942 31,942    
LAND 2001-03-10 599,800   L   0 0    

TY 2023 InvestmentsCorpBondsSchedule
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
Name of Bond End of Year Book Value End of Year Fair Market Value
ALBERTSONS INC 7.45% 12,596 15,525
SHOPIFY INC. 5,933 6,597
SPLUNK INC. 1.125% 8,616 9,645

TY 2023 InvestmentsCorpStockSchedule
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
Name of Stock End of Year Book Value End of Year Fair Market Value
1-800-FLOWERS.COM INC 13,606 22,498
ALBERTSONS 29,464 46,920
ALIBABA GROUP HOLDING 68,560 38,756
ALLIANZ SE ADR 50,450 140,637
ALLY FINANCIAL INC 34,387 55,872
ALPHABET INC 24,246 36,040
AMERICAN EQUI 5.95% 13,295 12,984
AMERICAN EXPRESS CO 46,050 52,455
ANDERSONS INC 5,001 14,960
ANHEUSER BUSCH 28,911 40,064
ARCELORMITTAL CL A 28,663 66,631
ARCOS DORADOS HLDGS 18,806 46,953
ARDAGH METAL PACKAGING 77,718 42,240
ARDMORE SHIPPING CO 12,269 39,522
ARGO GROUP INTL HLDG 15,844 16,541
AT&T INC 36,101 41,564
AUTONATION INC 8,382 34,541
AUTOZONE 1,036 5,171
BANK OF AMERICA CORP 54,752 148,316
BANK OF NY MELLON 73,976 93,690
BANK SIERRA PORTERVILLE 17,345 24,580
BARINGS BDC INC 36,969 38,610
BASF SE ORD 65,339 86,145
BAUSCH HEALTH COS INC 45,751 29,674
BAYER AG 34,527 22,272
BERKSHIRE HATHAWAY INC 33,467 115,914
BOEING 16,665 47,440
BOWLERO CORP 27,576 38,232
BRIGHTHOUSE FINL 17,164 27,518
BRIGHTSPIRE CAPITAL INC 40,862 44,640
BROOKFIELD BUSINESS 53,144 60,528
BROOKFIELD CORP 15,247 38,916
C N A FINANCIAL CORP 49,938 54,157
CABLE ONE INC 10,338 11,132
CALIFORNIA RESOURCES 52,440 69,444
CAREER EDUCATION CORP 15,480 22,828
CARLYLE GROUP INC 23,807 37,435
CARNIVAL CP 16,156 29,293
CENTRAL VLY CMNTY BANCP 10,314 22,797
CITIGROUP INC 33,983 34,927
CK HUTCHINSON HOLDINGS 50,506 22,919
CK HUTCHISON HOLD ORDF 78,123 49,846
CLEVELAND CLIFFS 35,587 122,275
COCA-COLA EURO 23,428 40,044
COMCAST CORP 59,564 70,160
CORENERGY 10,312 9,680
CROWN HOLDINGS 36,692 55,254
DARLING INGREDIENTS INC 42,797 44,358
DIAMOND OFFSHORE DRILL 8,352 16,900
DIGITALBRIDGE GROUP INC REIT 41,485 43,779
ELANCO ANIMAL HEALTH INC 4,395 7,823
FAIRFAX FINANCIAL 28,660 73,816
FEDEX CORP 18,499 25,297
FIRST HORIZON CORP 48,431 46,728
FIRST PACIFIC COMP 30,132 22,782
FIVE POINT HOLDINGS 36,758 23,946
FOOT LOCKER INC 16,644 23,238
FORD MOTOR COMPANY 56,514 73,140
FTAI AVIATION 13,489 14,090
GENERAL MOTORS COMPANY 90,541 111,136
GILEAD SCIENCES 45,524 56,708
GOODYEAR TIRE & RUBBER CO 32,198 44,335
GREAT LAKES DREDGE 19,007 24,152
GREENLIGHT CAPITAL 8,840 12,562
GREIF INC 14,821 28,204
GROUPE BRUXELLES 51,727 51,096
GRUPO FINC INBURSA 26,556 60,277
ING GROEP NV ADR 46,179 86,966
INSPIRED ENTERTAINMENT 10,623 13,832
INTERNATIONAL SEAWAY 12,774 36,384
INTL FLAVORS & FRAGRA 22,495 23,482
INVESTOR AB 13,562 27,786
ITERIS INC 5,901 11,336
ITOCHU CORPORATION ORD F 13,158 45,003
JARDINE MATHESON 61,214 57,694
JEFFERIES FINL 62,485 101,025
JOHNSON & JOHNSON 18,894 22,571
JPMORGAN CHASE & CO 62,679 144,245
KEPPEL CORP 18,117 24,651
KEPPEL REIT 561 649
KROGER CO 39,713 56,452
LESLIES INC 41,268 29,367
LIBERTY GLOBAL INC 34,973 39,094
LIBERTY LATIN AMERICA 38,226 16,772
LUMEN TECHNOLOGIES 31,911 6,039
MACY'S INC 49,132 53,117
MARINEMAX INC 28,804 38,900
MARTINREA INTL 18,652 22,729
MERCEDES BENZ 47,965 81,737
MERCURY GENL 41,538 53,689
METLIFE INC 56,511 108,055
MOLSON COORS BEVERAGE 17,319 23,383
NEUBERGR BRM 12,187 19,952
NEXSTAR MEDIA GROUP 35,621 53,296
NINTENDO CO 30,423 38,111
OAKTREE SPECIALTY 18,697 28,996
O-I GLASS INC 58,973 60,606
OLD NATIONAL BANCORP IND 50,322 59,115
OMNIAB INC 9,967 17,276
ONEWATER MARINE 36,114 43,927
ORANGE NEW 41,844 45,720
ORGANON & CO 93,147 66,332
PARK OHIO HOLDINGS 56,480 70,096
PBF ENERGY INC CL A 24,299 52,752
PENSKE AUTOMOTIVE 13,960 57,783
PEOPLES BANCORP INC 28,454 40,850
PG&E CORPORATION 23,149 48,393
PINNACLE FINANCIAL 48,101 61,141
PROLOGIS INC 33,550 133,300
PROSPERITY BANCSHARE 55,055 64,344
PRUDENTIAL FINANCIAL 21,172 50,092
QEP CO INC 7,049 8,408
QUIDELORTHO CORP 47,105 42,746
REGIONS FINANCIAL CORP NEW 49,799 123,063
REPAY HOLDINGS CORP 23,478 32,452
RUSH ENTERPRISES CL A 16,341 69,163
SCORPIO TANKERS INC 2,208 10,518
SEABOARD CORP 25,577 28,560
SEATRIUM LIMITED 7,901 7,852
SHARECARE INC 19,315 22,680
SIRIUSPOINT LTD 47,906 104,400
SOUTH ST 18,000 22,802
STATE STREET CORP 64,666 73,587
SUMITOMO CORP ORD 41,233 72,012
TELEPHONE & DATA SYS 48,809 78,905
TENET HEALTHCARE 7,413 37,407
TEVA PHARMACEUTICAL 31,116 34,452
TRILOGY INTERNATIONAL 17,994 604
UNITED NATURAL FOODS 20,564 22,235
UNITED STATES STEEL CORP 23,895 161,470
UNVL TECH INSTITUTE 8,071 15,024
VALERO ENERGY CORP 19,837 71,500
VERITONE INC 17,811 9,231
VERIZON COMMUNICATION 88,803 75,401
VERIZON COMMUNICATIONS 36,106 39,887
VESTIS CORP 20,469 29,596
VITESSE ENERGY INC 2,908 6,436
VONTIER CORP 33,132 51,825
WARNER BROTHERS DISCOVER 118,716 73,970
WEST FRASER TIMBER 7,584 8,986
WESTROCK COMPANY 26,013 35,084
WIDEOPENWEST INC 11,715 11,340
WK KELLOGG CO 19,734 26,280

TY 2023 InvestmentsGovtObligationsSch
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
US Government Securities - End of Year Book Value:

1,443,170
US Government Securities - End of Year Fair Market Value:

1,459,974
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ALGONQUIN POWER FMV 9,729 9,652
B RILEY FINANCIAL FMV 11,938 11,390
FRANKLIN STREET PROP REIT FMV 43,387 33,280
ISHARES RUSSELL 2000 ETF FMV 284,908 766,712
JBG SMITH PROPERTIES REIT FMV 47,815 43,034
LAMAR ADVERTISING FMV 33,728 43,574
ORION OFFICE REIT FMV 64,490 42,328
PARK HOTELS & RESORTS INC REIT FMV 42,921 52,020
PENNYMAC MOR 8.125% FMV 8,659 8,850
PIEDMONT OFFICE REAL REIT FMV 70,225 52,614
PITNEY BOWES INC FMV 6,088 6,680
SCORPIO TANKERS IN 7% FMV 12,038 11,947
SUN COMMUNITIES REIT FMV 47,711 53,462
UMH PROPERTIES INC. FMV 40,469 44,428
US CELLULAR CORP 5.5% FMV 15,646 21,420
VORNADO REALTY TRUST FMV 63,543 59,326

TY 2023 LandEtcSchedule2
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BUILDING 1,245,739 728,033 517,706  
LAND 599,800 0 599,800  
LEASE COMMISSION 122,288 61,145 61,143  


TY 2023 LegalFeesSchedule
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL AND PROFESSIONAL FEES 150 150   0


TY 2023 OtherAssetsSchedule
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INTEREST AND DIVIDENDS RECEIVABLE   1,100 0


TY 2023 OtherExpensesSchedule
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REGISTRY OF CHARITABLE TRUSTS 200 200   0
MISCELLANEOUS EXPENSES 40 8   32
ACCRUED BOND INTEREST 2,449 2,449   0
DUES 500 100   400
INVESTMENT EXPENSES 11 11   0
MANAGEMENT FEES 4,800 4,800   0
MISCELLANEOUS 641 641   0
AMORTIZATION 12,229 12,229   0


TY 2023 OtherIncomeSchedule2
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INVESTMENT INCOME 5,665 2,273 5,665


TY 2023 OtherLiabilitiesSchedule
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
Description Beginning of Year - Book Value End of Year - Book Value
STOCK SETTLEMENT LIABILITY 0 16,106


TY 2023 OtherProfessionalFeesSchedule
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MORGAN STANLEY - INVESTMENT FEES 34,610 34,610   0
CHARLES SCHWAB - INVESTMENT FEES 24,585 24,585   0


TY 2023 TaxesSchedule
Name:
WALTMAR FOUNDATION
 
C/O LARRY BELTRAMO
EIN:
95-2371506
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 10,590 10,590   0
FEDERAL TAXES 26,621 0   0
TAXES 19,061 19,061   0