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
LAMB FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1705
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAKE OSWEGO, OR970350575
A Employer identification number

23-7120564
B Telephone number (see instructions)

(503) 635-8010
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$7,397,631J 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      
4 Dividends and interest from securities... 178,240 178,240  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 57,134
b Gross sales price for all assets on line 6a 1,574,755
7 Capital gain net income (from Part IV, line 2)... 57,134
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
19 19  
12 Total. Add lines 1 through 11........ 235,393 235,393  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 58,053 1,897   56,157
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,500 2,700   1,800
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
37,359 37,359   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
4,320 2,333   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
79 0  
20 Occupancy.............. 7,319 146   7,172
21 Travel, conferences, and meetings....... 1,566 31   1,535
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
22,605 9,508   13,097
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 135,801 53,974   79,761
25 Contributions, gifts, grants paid....... 257,900 257,900
26 Total expenses and disbursements. Add lines 24 and 25 393,701 53,974   337,661
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -158,308
b Net investment income (if negative, enter -0-) 181,419
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............. 15,955 14,034 14,034
2 Savings and temporary cash investments......... 164,048 133,480 133,480
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.......... 441 325 325
10a Investments—U.S. and state government obligations (attach schedule) 799,993 Click to see attachment
List of Attached Documents:
// Content
791,330 		724,642
b Investments—corporate stock (attach schedule)....... 3,026,008 Click to see attachment
List of Attached Documents:
// Content
2,937,801 		4,680,143
c Investments—corporate bonds (attach schedule)....... 886,241 Click to see attachment
List of Attached Documents:
// Content
873,563 		792,036
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 987,969 Click to see attachment
List of Attached Documents:
// Content
972,560 		1,037,525
14 Land, buildings, and equipment: basis right arrow1,255
Less: accumulated depreciation (attach schedule) right arrow1,255 79 Click to see attachment
List of Attached Documents:
// Content
0 		0
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
16,113 		Click to see attachment
List of Attached Documents:
// Content
15,446 		Click to see attachment
List of Attached Documents:
// Content
15,446
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,896,847 5,738,539 7,397,631
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)    
23 Total liabilities (add lines 17 through 22)......... 0 0
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...........    
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 5,896,847 5,738,539
29 Total net assets or fund balances (see instructions)..... 5,896,847 5,738,539
30 Total liabilities and net assets/fund balances (see instructions). 5,896,847 5,738,539
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
5,896,847
2
Enter amount from Part I, line 27a .....................
2
-158,308
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,738,539
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
5,738,539
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 P    
b PUBLICLY TRADED SECURITIES P    
c CAPITAL GAINS DIVIDENDS P    
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 1,241,399   1,129,173 112,226
b 332,931   388,448 -55,517
c 425     425
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       112,226
b       -55,517
c       425
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 57,134
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 2,522
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 2,522
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 2,522
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 5,000
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 5,000
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 2,478
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow2,478 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 arrowOR
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 arrowWWW.LAMBFOUNDATION.ORG
14
The books are in care ofright arrowADMINISTRATOR Telephone no.right arrow (503) 635-8010

Located atright arrowPO BOX 1705LAKE OSWEGOOR ZIP+4right arrow97035
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
BARBARA LAMB PRESIDENT
2.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
MARGARET MINNICK DIRECTOR
1.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
HEATHER BAILEY DIRECTOR
1.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
BRENDA LAMB DIRECTOR
1.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
MARK VAN OPPEN VICE-PRESIDENT
1.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
CARL LAMB TREASURER
2.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
KAREN ANNE HORTON SECRETARY
1.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
CORWIN WALDRON DIRECTOR
1.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
FINN JAMES DIRECTOR
1.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
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
6,991,980
b
Average of monthly cash balances.......................
1b
198,608
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
7,190,588
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
7,190,588
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
107,859
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,082,729
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
354,136
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
354,136
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
2,522
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,522
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
351,614
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
351,614
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
351,614
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
337,661
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
337,661
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 7 351,614
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019...... 1,724
c From 2020...... 5,876
d From 2021......  
e From 2022...... 16,688
f Total of lines 3a through e ........ 24,288
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 337,661
a Applied to 2022, 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 2023 distributable amount..... 337,661
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 13,953 13,953
(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 10,335
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 .......... 		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 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 ...... 		10,335
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022.... 10,335
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 e-mail address of the person to whom applications should be addressed:
LAMB FOUNDATION
PO BOX 1705
LAKE OSWEGO,OR970350575
(503) 635-8010
bThe form in which applications should be submitted and information and materials they should include:
SUBMISSION INFORMATION IS PROVIDED TO THE APPLICANT WITH THE INVITATION TO APPLY. APPLICATIONS MAY BE SUBMITTED VIA AN ONLINE FORM MADE AVAILABLE TO INVITEES, OR MAY BE SUBMITTED VIA EMAIL OR MAIL FOLLOWING THE GUIDELINES INCLUDED IN THE INVITATION AND/OR ONLINE GRANT PROPOSAL FORM. QUESTIONS MAY BE DIRECTED TO DEBRA IGUCHI AT LAMBFDN@LAMBFOUNDATION.ORG OR BY TELEPHONE AT 503-635-8010. LAMB FOUNDATION TYPICALLY MAKES GRANTS TO 501(C)(3) PUBLIC CHARITIES LOCATED OR SERVING THE PACIFIC NORTHWEST, UNITED STATES. AREAS OF INTEREST ARE: ARTS, ENVIRONMENT AND SOCIAL SERVICES TO YOUTH AND CHILDREN. TYPICAL GRANTS RANGE FROM $5,000 - $15,000.
cAny submission deadlines:
SUBMISSION DEADLINES ARE PROVIDED TO THE APPLICANT WITH THE INVITATION TO APPLY.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NO FORMAL RESTRICTIONS OR LIMITATIONS
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

ADELANTE MUJERES

2036 MAIN ST SUITE A
FOREST GROVE,OR97116 		  PUBLIC CHARITY FUNDS FROM THE LAMB FOUNDATION WILL PROVIDE A COMMUNITY BASED SOLUTION TO REDUCE EDUCATIONAL AND HEALTH DISPARITIES THROUGH PROGRAMS AND COMMUNITY BUILDING FOR CHILDREN AND ADULTS, AGES 0-55+ THROUGHOUT WASHINGTON COUNTY, OR. 10,000

BLOOMIN' BOUTIQUE

19376 MOLALLA AVE STE 160
OREGON CITY,OR97045 		  PUBLIC CHARITY BLOOMIN' BOUTIQUE GIVES NEW CLOTHES TO CHILDREN AGES 0-18 WHOSE LIVES ARE IN UPHEAVAL DUE TO FAMILY POVERTY, PARENT JOB LOSS, HOMELESSNESS, MENTAL HEALTH CHALLENGES, DOMESTIC VIOLENCE, AND/OR CHILD ABUSE AND NEGLECT. 1,000

COLOR OUTSIDE THE LINES

4110 SE HAWTHORNE BLVD UNIT 272
PORTLAND,OR97214 		  PUBLIC CHARITY OUR OBJECTIVE IS TO OFFER WEEKLY CLASSES TO FOSTER YOUTH, COVERING A WIDE ARRAY OF ART FORMS AND ENRICHING OUTINGS THAT SERVE THE DUAL PURPOSE OF PROVIDING FOSTER YOUTH WITH OUTLETS FOR SELF-EXPRESSION AND HEALING, AND ALSO PROVIDING NEEDED SUPPORT. 15,000

COMMUNITY DEVELOPMENT CORPORATION OF OREGON

4233 SE 182ND AVE PMB 367
GRESHAM,OR97030 		  PUBLIC CHARITY OUTCOME OF THIS PROJECT: 1) NEEDS ASSESSMENT OF WHAT TYPES OF JOBS OUR NEIGHBORS WANT TO BE TRAINED FOR, 2) NEEDS ASSESSMENT OF WHAT BARRIERS THEY FACE IN GAINING ACCESS TO TRAINING, & 3) IDENTIFICATION OF LOCAL LEADERS TO OVERSEE TRAINING PROGRAMS. 8,000

COMMUNITY TRANSITIONAL SCHOOL

6601 NE KILLINGSWORTH ST
PORTLAND,OR97218 		  PUBLIC CHARITY COMMUNITY TRANSITIONAL SCHOOL REQUESTS FUNDING TO HELP BUILD A PLAYGROUND FOR OUR 3RD-5TH GRADE STUDENTS TO HELP BUILD CORE STRENGTH. LIVING IN SHELTERS, HOTELS, AND CARS, OUR STUDENTS HAVE LITTLE OPPORTUNITY TO EXERCISE OR PLAY OUTSIDE OF SCHOOL. 10,000

CROW'S SHADOW INSTITUTE OF THE ARTS

48004 ST ANDREWS RD
PENDLETON,OR97801 		  PUBLIC CHARITY SUPPORTS CROW'S SHADOW INSTITUTE OF ART IN THEIR TRANSITIONAL PERIOD AS THEY BRING BACK YOUTH AND OTHER PROGRAMMING UNDER NEW LEADERSHIP. 10,000

DESCHUTES RIVER CONSERVANCY

PO BOX 1560
BEND,OR97709 		  PUBLIC CHARITY THIS PROPOSAL SUPPORTS THE WORK OF THE DESCHUTES RIVER CONSERVANCY (DRC) THROUGHOUT THE DESCHUTES BASIN. DRC'S MISSION IS TO RESTORE STREAMFLOW AND IMPROVE WATER QUALITY IN THE DESCHUTES BASIN THROUGH INNOVATIVE, CONSENSUS-BASED PROBLEM SOLVING. 25,000

DUWAMISH RIVER CLEANUP COALITION - TECHNICAL ADVISORY GROUP

7400 3RD AVE S
SEATTLE,WA98108 		  PUBLIC CHARITY ELEVATE THE VOICE OF THOSE IMPACTED BY THE DUWAMISH RIVER POLLUTION AND OTHER ENVIRONMENTAL INJUSTICES FOR A CLEAN, HEALTHY, EQUITABLE ENVIRONMENT FOR PEOPLE AND WILDLIFE. DUWAMISH VALLEY YOUTH CORPS ENGAGES KIDS AGED 13-18, MOST OF WHOM ARE BIPOC; MANY ARE IMMIGRANTS AND REFUGEES AND LOW-INCOME; QUITE A FEW ARE NON-NATIVE ENGLISH SPEAKERS. THE YOUTH CORPS EMPOWERS YOUTH TO ADVOCATE FOR THEMSELVES AND THEIR COMMUNITY. 21,000

FAMILY DEVELOPMENT CENTER

300 JERRYS DRIVE
ROSEBURG,OR97470 		  PUBLIC CHARITY GIVES 66 PRESCHOOL AGE CHILDREN WITH HIGH ADVERSE CHILDHOOD EXPERIENCE (ACES) SCORES AND WHO EXPERIENCE A HISTORY OF NEGLECT OR TRAUMA THE OPPORTUNITY TO EXPERIENCE AN ART PROJECT IN CLAY - AN EXPERIENCE OTHERWISE NOT AVAILABLE TO THEM.SUPPORTS THE FAMILY DEVELOPMENT CENTER TO ACCOMPLISH ITS MISSION OF NURTURING SUCCESSFUL AND RESILIENT CHILDREN, STRENGTHENING PARENTS AND PRESERVING FAMILIES TO PREVENT CHILD ABUSE AND NEGLECT. 11,500

FARESTART

PO BOX 84395
SEATTLE,WA981245695 		  PUBLIC CHARITY EXPANDS FARESTART'S BARISTA & CUSTOMER SERVICE PROGRAM, WHICH RE-ENGAGES YOUNG PEOPLE, AGES 16-24 YEARS, FURTHEST FROM OPPORTUNITY IN WA'S PUGET SOUND REGION, TO DEVELOP JOB READINESS SKILLS, ACCESS RESOURCES, & GAIN EMPLOYMENT &/OR SCHOOL CREDITS. 18,000

FARMERS ENDING HUNGER

PO BOX 7361
SALEM,OR97303 		  PUBLIC CHARITY THIS GRANT WILL HELP ENHANCE AND EXPAND THE AMOUNT OF HAMBURGER AND FRESH CHERRIES THAT WILL BE DELIVERED TO OREGON FOOD BANK AND THE STATEWIDE OREGON FOOD BANK NETWORK. 20,000

FRIENDS OF EXPLORER POST 58

5228 SW WESTWOOD VIEW
PORTLAND,OR97239 		  PUBLIC CHARITY PROVIDES FINANCIAL AID & OUTREACH SO THAT MORE YOUTH AGES 14-18 CAN PARTICIPATE IN ACTIVITIES THAT ENCOURAGE PERSONAL GROWTH AND SOCIAL INTERACTION BY CREATING DIVERSE EXPERIENCES THAT FOSTER RESPONSIBILITY, RESPECT, AND A PASSION FOR THE OUTDOORS. 3,000

GATHER MAKE SHELTER

PO BOX 10232
PORTLAND,OR97296 		  PUBLIC CHARITY GATHER:MAKE:SHELTER CREATES OPPORTUNITIES FOR PEOPLE EXPERIENCING HOUSELESSNESS AND POVERTY TO ENGAGE IN COLLABORATIVE, SKILL-BUILDING PROJECTS IN CREATIVE FIELDS, BRINGING HOUSELESS AND HOUSED PEOPLE TOGETHER TO EMPOWER EACH OTHER. 1,000

GROWING GARDENS

3114 SE 50TH AVE
PORTLAND,OR97206 		  PUBLIC CHARITY GETS CHILDREN IN THE GARDEN TO LEARN ABOUT NATURE, NUTRITION, AND FOOD SYSTEM SUSTAINABILITY. THE YOUTH GROW PROGRAM PARTNERS WITH 12 PORTLAND PUBLIC SCHOOLS TO PROVIDE LEARNING GARDENS, HANDS-ON EDUCATION OPPORTUNITIES AND BI-LINGUAL LESSON PLANS. 1,000

HEART OF AMERICA NORTHWEST RESEARCH CENTER

10212 FIFTH AVE NE 255A
SEATTLE,WA98125 		  PUBLIC CHARITY HELPS SUPPORT ONGOING EDUCATION ABOUT DANGERS OF NUCLEAR POWER, NEED FOR CLEAN-UP OF THE HANFORD NUCLEAR RESERVATION AND PROMOTION OF ALTERNATIVE FUELS. 200

HEART OF OREGON CORPS

PO BOX 279
BEND,OR97709 		  PUBLIC CHARITY HEART OF OREGON PROVIDES TWO SUMMER CONSERVATION PROGRAMS, CENTRAL OREGON YOUTH CONSERVATION CORPS AND CAMP LEAD, WHICH PROVIDE JOB SKILLS TRAINING TO YOUTH DOING WORK IN A SUPPORTIVE OUTDOOR WORK ENVIRONMENT. 10,000

HOLLA

14513 SE STARK ST
PORTLAND,OR97233 		  PUBLIC CHARITY SUPPORTS THE WORK OF HOLLA, WHICH IS A MENTORSHIP MOVEMENT THAT CONNECTS WITH FAMILIES, ADMINISTRATORS, TEACHERS, AND NONPROFITS TO RECOGNIZE THE POWER AND POTENTIAL OF BLACK AND BROWN YOUTH. 1,000

HUMAN SOLUTIONS - DBA OUR JUST FUTURE

10550 NE HALSEY ST
PORTLAND,OR97220 		  PUBLIC CHARITY SERVES LOW-INCOME FAMILIES LIVING IN EAST MULTNOMAH COUNTY, A RACIALLY DIVERSE AREA. OUR RESIDENT SERVICES TEAM HELPS FAMILIES STAY HOUSED AND, WHEN POSSIBLE, GAIN INCOME TO BECOME MORE FINANCIALLY STABLE WITH ON-SITE SUPPORT AND COMMUNITY BUILDING. 25,000

MARY'S PLACE SEATTLE

PO BOX 1711
SEATTLE,WA98111 		  PUBLIC CHARITY MARY'S PLACE WILL PROVIDE ESSENTIAL SHELTER AND ACCESS TO RESOURCES IN KING COUNTY, WASHINGTON FOR 4,400 FAMILIES IN 2023, INCLUDING ABOUT 2,000 CHILDREN. 10,000

MAZAMAS

527 SE 43RD AVE
PORTLAND,OR97215 		  PUBLIC CHARITY TO SUPPORT THE MAZAMA'S MISSION: TO INSPIRE EVERYONE TO LOVE AND PROTECT THE MOUNTAINS. THE MAZAMAS PROMOTE MOUNTAINEERING THROUGH EDUCATION, CLIMBING, HIKING, FELLOWSHIP, SAFETY AND THE PROTECTION OF MOUNTAIN ENVIRONMENTS. 1,000

METROPOLITAN YOUTH SYMPHONY

4800 SW MACADAM AVE STE 105
PORTLAND,OR97239 		  PUBLIC CHARITY WE PROUDLY PERFORM 15 OUTREACH CONCERTS AT LOW-INCOME AND UNDER-SERVED SCHOOLS IN THE PORTLAND METRO AREA AND SW WASHINGTON EACH YEAR. STUDENTS NOT ONLY HEAR BEAUTIFUL LIVE MUSIC, BUT THEY LEARN ABOUT THE INSTRUMENTS AND MUSIC FUNDAMENTALS. 1,000

MOUNTAIN STAR FAMILY RELIEF NURSERY

2125 NE DAGGETT LANE
BEND,OR97701 		  PUBLIC CHARITY WE ARE REQUESTING FUNDING FOR OUR PROGRAM EXPANSION IN RURAL LA PINE. WE WILL PROVIDE HIGH-QUALITY, THERAPEUTIC CLASSROOMS SERVING CHILDREN AGES 0-3 AND CRISIS INTERVENTION AND ONGOING SUPPORT TO HIGH-RISK FAMILIES. 10,000

NORTHWEST CHILDREN'S THEATER AND SCHOOL

1000 SW BROADWAY AVE T-100
PORTLAND,OR97205 		  PUBLIC CHARITY SUPPORTS THEIR MISSION: TO EDUCATE, ENTERTAIN AND ENRICH YOUNG AUDIENCES AND THEIR FAMILIES 1,000

OREGON ENVIRONMENTAL COUNCIL

PO BOX 14822
PORTLAND,OR97293 		  PUBLIC CHARITY BRINGING OREGONIANS TOGETHER FOR A HEALTHY ENVIRONMENT. CLEAN AIR, CLEAN WATER, CLEAR THINKING. 1,000

OREGON HUMANE SOCIETY

PO BOX 11364 1067 NE COLUMBIA BLVD
PORTLAND,OR972110364 		  PUBLIC CHARITY AN OREGON-BASED NONPROFIT THAT PROVIDES ANIMAL ADOPTION, EDUCATION, MEDICAL AND HUMANE LAW ENFORCEMENT PROGRAMS. ALSO OFFERS CAMPS AND AFTER SCHOOL OUTREACH FOR YOUTH. 1,100

OREGON PUBLIC BROADCASTING

7140 SW MACADAM AVE
PORTLAND,OR972193009 		  PUBLIC CHARITY SUPPORTING PUBLIC BROADCASTING RADIO IN OREGON. 100

PIONEER RELIEF NURSERY

1312 SW 2ND ST
PENDLETON,OR97801 		  PUBLIC CHARITY SUPPORTS THE WORK OF THIS RURAL RELIEF NURSERY TO SUPPORT THE FAMILIES FACING MULTIPLE LIFE STRESSORS AND THEIR YOUNG CHILDREN TO PREVENT CHILD ABUSE AND NEGLECT. 2,000

PORTLAND RESCUE MISSION

PO BOX 3713
PORTLAND,OR97208 		  PUBLIC CHARITY AT SHEPHERD'S DOOR WOMEN AND WOMEN WITH THEIR CHILDREN FIND HEALING THROUGH ADDICTION RECOVERY, VOCATIONAL TRAINING, SPIRITUAL ENCOURAGEMENT, AND TRANSITIONAL SUPPORT IN A SAFE, RETREAT LIKE SETTING FOR ONE YEAR. 3,000

PROJECT LEMONADE

PO BOX 96144
PORTLAND,OR97296 		  PUBLIC CHARITY PROVIDES CLOTHING AND SCHOOL SUPPLIES TO FOSTER YOUTH UNDER THE AGE OF 18 3,000

SAMARITAN HOUSE INC

715 SW BAY STREET
NEWPORT,OR97365 		  PUBLIC CHARITY SHELTERING, EDUCATING AND GUIDING HOMELESS FAMILIES WITH CHILDREN TOWARD INDEPENDENT LIVING SINCE 1988. THEY OFFER A VARIETY OF PROGRAMS FOR RESIDENTS OF THEIR EMERGENCY & TRANSITIONAL SHELTER PROGRAM FOR FAMILIES. 1,000

SEA TURTLES FOREVER

PO BOX 845
SEASIDE,OR97138 		  PUBLIC CHARITY SUPPORTS THEIR MISSION TO PROTECT AND RESTORE HEALTHY ENVIRONMENTS THROUGH MICROPLASTIC REMOVAL AND EDUCATION ON PRIMARILY NW OREGON BEACHES. 2,000

TEAM READ

PO BOX 94042
SEATTLE,WA981249442 		  PUBLIC CHARITY SUPPORTS TEAM READ'S YEAR-ROUND READING TUTORING AND YOUTH EMPLOYMENT AND DEVELOPMENT PROGRAM THAT PAIRS CAREFULLY TRAINED 8TH-12TH GRADE PAID TEEN READING COACHES WITH 2ND-4TH GRADERS WHO BENEFIT FROM READING TUTORING AND MENTORING SUPPORT. 10,000

THE DOUGY CENTER

PO BOX 86852
PORTLAND,OR97286 		  PUBLIC CHARITY THE PROPOSAL WILL FUND GRIEF SUPPORT GROUPS FOR YOUTH AGES 3-18 YEARS AFTER THE DEATH OF A PARENT/CAREGIVER OR SIBLING IN PORTLAND METRO THROUGH 79 BIWEEKLY SUPPORT GROUPS PROVIDING DIRECT SERVICE TO MORE THAN 2,600 INDIVIDUALS EVERY YEAR. 10,000

URBAN GLEANERS

PO BOX 6344
PORTLAND,OR972288043 		  PUBLIC CHARITY SUPPORTING THEIR MISSION TO HELP ALLEVIATE HUNGER BY COLLECTING FOOD THAT WOULD BE THROWN AWAY AND DISTRIBUTING IT TO AGENCIES THAT FEED THE HUNGRY. HUNGER IS NOT A PROBLEM OF SCARCE RESOURCES BUT INEFFICIENT DISTRIBUTION. 1,000

WALLOWA BAND NEZ PERCE TRAIL INTERPRETIVE CENTER

209 EAST SECOND STREET PO BOX 15
WALLOWA,OR97885 		  PUBLIC CHARITY TO BE USED AS NEEDED FOR GENERAL OPERATIONS. WILL HELP FUND PURCHASE OF A TRACTOR, LIGHTING, AND A SOUND SYSTEM TO ENHANCE THE CULTURAL EXPERIENCE OF THE ANNUAL TAMKALIKS POWWOW. UP TO 1000 TRIBAL MEMBERS AND 1000 OBSERVERS ATTEND THE 3-DAY EVENT. 10,000
Total .................................right arrow 3a 257,900
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 ........... 		         
4 Dividends and interest from securities ....     14 178,240  
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 .....     14 19  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 57,134  
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) .. 0 235,393 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
235,393
(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:
LAMB FOUNDATION
EIN:
23-7120564
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 4,500 2,700   1,800

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
LAMB FOUNDATION
EIN:
23-7120564
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
OFFICE CHAIR 2005-12-14 325 325 SL 5.000000000000 0 0    
BROTHER 8890 COPIER 2011-01-15 400 400 SL 5.000000000000 0 0    
BROTHER MFC PRINTER 2018-10-05 530 451 SL 5.000000000000 79 0    

TY 2023 InvestmentsCorpBondsSchedule
Name:
LAMB FOUNDATION
EIN:
23-7120564
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBVIE INC. 47,223 39,782
AMERICAN EXPRESS 38,989 33,399
AMERICAN TOWER CORP 52,886 49,929
BANK OF AMERICA 38,645 34,078
CAPITAL ONE FINANCIAL 39,644 33,102
COMCAST CORP 28,300 24,650
GEORGIA POWER CO 48,845 40,076
GOLDMAN SACHS 26,531 21,859
HOME DEPOT INC 39,530 39,400
INTERCONTINENTAL 40,792 34,387
JPMORGAN CHASE & 40,063 38,741
MCDONALDS CORP 39,875 33,141
MORGAN STANLEY 38,981 33,943
ORACLE CORP 21,804 18,984
PRUDENTIAL FINANCIAL INC 56,114 53,883
SHELL INTL FIN 48,890 57,511
STARBUCKS CORP 45,263 38,536
THE WALT DISNEY 83,451 75,668
UNITEDHEALTH GROUP INC 41,356 42,432
VERIZON COMMUNI 27,819 24,237
WELLS FARGO 28,562 24,298

TY 2023 InvestmentsCorpStockSchedule
Name:
LAMB FOUNDATION
EIN:
23-7120564
Name of Stock End of Year Book Value End of Year Fair Market Value
A T & T INC 81,714 63,932
ABBOTT LABORATORIES 61,839 59,438
ABBOTT LABORATORIES 30,958 28,068
ABBVIE INC 12,593 27,895
ABBVIE INC 27,410 65,087
AIRBUS SE 11,095 13,500
ALPHABET INC 23,580 153,659
AMAZON.COM INC 23,545 35,706
AMER ELECTRICAL PWR CO 33,550 30,864
AMERICAN INTL GROUP 26,562 29,810
AMERICAN INTL GROUP 47,507 55,555
AMERIPRISE FINANCIAL INC 1,663 20,891
ANALOG DEVICES INC 15,706 30,777
APA CORP 41,260 36,956
APA CORP 41,341 37,315
APPLE INC 49,826 193,493
ARTHUR J GALLAGHER&CO 25,178 49,474
AUTONATION INC 19,781 39,798
AXA SA 8,222 10,459
BARCLAYS PLC 7,124 5,516
BLACKROCK INC 16,443 52,767
BNP PARIBAS 11,461 10,930
BROADCOM INC 11,927 47,999
BROADCOM INC 38,509 102,695
BROWN & BROWN INC 23,435 25,600
CANADIAN NATURAL RES F 5,835 12,449
CENCORA INC 16,055 21,565
CHEVRON CORPORATION 58,389 109,633
CHEVRON CORPORATION 10,094 28,340
CISCO SYSTEMS INC 33,357 53,551
COMCAST CORP 45,580 49,112
COMCAST CORP 54,568 60,513
CRH PUBLIC LIMITED CO 17,078 19,365
CROWDSTRIKE HLDGS INC 20,084 40,851
DASSAULT SYSTEMS 14,819 16,422
DBS GROUP HOLDINGS ADR F 11,145 19,239
DOW INC 40,783 42,775
EAST WEST BANCORP 14,443 28,780
EATON CORP PLC F 26,759 60,205
EMERSON ELECTRIC CO 56,121 66,184
ENTERGY CORP 42,928 50,595
ENTERGY CORP 32,678 37,440
FERGUSON PLC NEW F 9,677 21,238
FORTIVE CORP DISC 62,110 67,740
GE HEALTHCARE TECHNOLOGIES 18,478 18,557
GILEAD SCIENCES INC 19,882 18,632
HOME DEPOT INC 3,215 32,922
HOME DEPOT INC 28,556 46,784
HONEYWELL INTERNATIONAL 44,387 63,962
HONEYWELL INTERNATIONAL 28,407 75,496
HOYA CORP F 10,518 22,414
IBM CORP 46,541 55,607
JOHNSON & JOHNSON 50,739 48,589
JOHNSON & JOHNSON 65,132 66,614
JPMORGAN CHASE & CO 35,075 64,638
JPMORGAN CHASE & CO 29,934 105,462
KINDER MORGAN INC 22,405 18,399
L OREAL SA 8,021 11,432
LKQ CORP 16,210 18,160
LOCKHEED MARTIN CORP 21,844 22,662
LOCKHEED MARTIN CORP 29,358 33,993
MAGNA INTL INC 19,982 17,133
MASCO CORP 29,629 36,839
MC DONALDS CORP 25,651 38,546
MCDONALDS CORP 31,514 35,581
MERCK & CO INC NEW 37,614 79,585
METLIFE INC 11,571 23,145
MICROSOFT CORP 17,359 25,947
MICROSOFT CORP 27,106 231,265
MONSTER BEVERAGE CORP 16,764 23,044
MORGAN STANLEY 33,312 65,275
MOTOROLA SOLUTIONS 16,526 31,309
NOVO-NORDISK A S 9,719 38,277
NVIDIA CORP 66,192 91,616
NXP SEMICONDUCTORS F 6,420 16,078
ORIX CORP F 15,432 17,744
PALO ALTO NETWORKS 32,549 51,014
PARKER-HANNIFIN CORP 41,037 73,712
PARKER-HANNIFIN CORP 46,236 54,363
PPG INDUSTRIES INC 26,690 28,415
PPG INDUSTRIES INC 17,559 18,694
PROCTOR & GAMBLE 50,128 60,814
PROCTOR & GAMBLE 90,450 134,817
RECKITT BENCKISER GROUP 15,335 15,114
ROCHE HLDG AG F 11,562 17,390
RWE AG ORD F 10,959 16,861
SAP SE 7,184 9,275
SCHLUMBERGER LTD F 8,168 18,214
SHIN ETSU CHEMICAL CO F 10,888 20,900
SONY CORP F 6,258 19,411
SSE PLC 10,380 12,250
STATE STREET CORP 21,013 23,238
STATE STREET CORP 25,915 28,660
STRYKER CORP 26,967 35,935
SUMITOMO MITSUI FINL00 13,613 13,649
TECHNIPFMC LTD 2,152 5,841
THALES SA 16,514 20,380
THERMO FISHER SCNTFC 28,244 46,710
TJX COMPANIES INC 19,468 25,798
TJX COMPANIES INC 30,763 43,153
TORONTO DOMINION BANK F 5,465 8,724
TOTALENERGIES SE 11,831 16,171
UNITEDHEALTH GROUP INC 8,661 40,012
UNITEDHEALTH GROUP INC 24,689 30,535
UNIVERSAL MUSIC GROUP 16,160 19,291
VERIZON COMMUNICATN 46,850 30,537
VISA INC 29,708 65,088
VOYA FINL INC 12,917 16,051
WALMART DE MEXICO 20,709 23,377
WALMART INC 31,829 33,895
WALMART INC 40,201 47,295
ZOETIS INC 10,524 24,671

TY 2023 InvestmentsGovtObligationsSch
Name:
LAMB FOUNDATION
EIN:
23-7120564
US Government Securities - End of Year Book Value:

791,330
US Government Securities - End of Year Fair Market Value:

724,642
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:
LAMB FOUNDATION
EIN:
23-7120564
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
EXCHANGE TRADED FUNDS AT COST 164,831 174,761
MUTUAL FUNDS AT COST 683,297 754,831
OTHER INVESTMENTS AT COST 124,432 107,933

TY 2023 LandEtcSchedule2
Name:
LAMB FOUNDATION
EIN:
23-7120564
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
OFFICE CHAIR 325 325 0  
BROTHER 8890 COPIER 400 400 0  
BROTHER MFC PRINTER 530 530 0  


TY 2023 OtherAssetsSchedule
Name:
LAMB FOUNDATION
EIN:
23-7120564
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INTEREST AND DIVIDENDS RECEIVABLE 16,113 15,446 15,446


TY 2023 OtherExpensesSchedule
Name:
LAMB FOUNDATION
EIN:
23-7120564
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSE 5,783 116   5,667
INSURANCE 3,395 0   3,395
LICENSES & FEES 840 0   840
DUES AND MEMBERSHIPS 3,195 0   3,195
OTHER INVESTMENT EXPENSES 9,392 9,392   0


TY 2023 OtherIncomeSchedule2
Name:
LAMB FOUNDATION
EIN:
23-7120564
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 19 19 19


TY 2023 OtherProfessionalFeesSchedule
Name:
LAMB FOUNDATION
EIN:
23-7120564
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISOR FEES 37,359 37,359   0


TY 2023 TaxesSchedule
Name:
LAMB FOUNDATION
EIN:
23-7120564
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 2,333 2,333   0
FEDERAL TAXES 1,987 0   0