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
The Arca Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)1730 Rhode Island Ave NW 606
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Washington, DC20036
A Employer identification number

13-2751798
B Telephone number (see instructions)

(202) 822-9193
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$48,990,282J 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) 47,500
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 828,742 1,096,188  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 103,528
b Gross sales price for all assets on line 6a 15,359,702
7 Capital gain net income (from Part IV, line 2)... 0
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
6,875 -4,129  
12 Total. Add lines 1 through 11........ 986,645 1,092,059  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 447,258 0   447,258
14 Other employee salaries and wages...... 106,954 0   106,954
15 Pension plans, employee benefits....... 46,718 0   46,718
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
34,395 0   36,704
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
35,690 0   39,935
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
282,847 182,704   100,143
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
117,705 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
7,104 0  
20 Occupancy.............. 58,748 0   58,748
21 Travel, conferences, and meetings....... 70,733 0   70,733
22 Printing and publications.......... 2,738 0   2,738
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
80,689 0   77,700
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,291,579 182,704   987,631
25 Contributions, gifts, grants paid....... 3,686,500 3,686,500
26 Total expenses and disbursements. Add lines 24 and 25 4,978,079 182,704   4,674,131
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,991,434
b Net investment income (if negative, enter -0-) 909,355
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............. 69,804 86,087 86,087
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow50,260
Less: allowance for doubtful accounts right arrow   37,236 50,260 50,260
4 Pledges receivable right arrow17,500
Less: allowance for doubtful accounts right arrow   43,000 17,500 17,500
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.......... 15,408 11,203 11,203
10a Investments—U.S. and state government obligations (attach schedule) 5,013,331 Click to see attachment
List of Attached Documents:
// Content
5,303,453 		5,303,453
b Investments—corporate stock (attach schedule)....... 19,165,350 Click to see attachment
List of Attached Documents:
// Content
19,821,125 		19,821,125
c Investments—corporate bonds (attach schedule)....... 1,972,482 Click to see attachment
List of Attached Documents:
// Content
2,590,527 		2,590,527
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).......... 19,573,499 Click to see attachment
List of Attached Documents:
// Content
20,623,864 		20,623,864
14 Land, buildings, and equipment: basis right arrow78,437
Less: accumulated depreciation (attach schedule) right arrow46,847 36,947 Click to see attachment
List of Attached Documents:
// Content
31,590 		31,590
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
482,156 		Click to see attachment
List of Attached Documents:
// Content
454,673 		Click to see attachment
List of Attached Documents:
// Content
454,673
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 46,409,213 48,990,282 48,990,282
Liabilities 17 Accounts payable and accrued expenses.......... 26,637 19,999
18 Grants payable................. 80,000  
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
537,878 		Click to see attachment
List of Attached Documents:
// Content
653,259
23 Total liabilities (add lines 17 through 22)......... 644,515 673,258
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........... 45,764,698 48,317,024
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)..... 45,764,698 48,317,024
30 Total liabilities and net assets/fund balances (see instructions). 46,409,213 48,990,282
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
45,764,698
2
Enter amount from Part I, line 27a .....................
2
-3,991,434
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
6,543,760
4
Add lines 1, 2, and 3 ..........................
4
48,317,024
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
48,317,024
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
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 15,359,702   15,524,059 -164,357
b
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       -164,357
b
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 -164,357
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 12,640
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 12,640
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 12,640
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 51,921
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 51,921
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 39,281
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow39,281 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 arrowDC, NY
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
Yes
 
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowwww.arcafoundation.org
14
The books are in care ofright arrowThe Organization Telephone no.right arrow (202) 822-9193

Located atright arrow1730 Rhode Island Ave NW 606WashingtonDC ZIP+4right arrow20036
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)
Yes
 
(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
 
No
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
 
No
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
Nicole Bagley President
30.00 		26,130 38,786 0
1730 Rhode Island Ave NW
Washington,DC20036
Margery Tabankin Vice President
5.00 		10,000 0 0
1730 Rhode Island Ave NW
Washington,DC20036
Janet Shenk Treasurer
5.00 		10,000 0 0
1730 Rhode Island Ave NW
Washington,DC20036
Nancy Bagley Board Member
5.00 		10,000 0 0
1730 Rhode Island Ave NW
Washington,DC20036
Mary King Secretary
5.00 		10,000 0 0
1730 Rhode Island Ave NW
Washington,DC20036
Joseph Eldridge Board Member
5.00 		10,000 0 0
1730 Rhode Island Ave NW
Washington,DC20036
Austin Thompson Board Member
5.00 		10,000 0 0
1730 Rhode Island Ave NW
Washington,DC20036
Mike Lux Board Member
5.00 		10,000 0 0
1730 Rhode Island Ave NW
Washington,DC20036
Amaha Kassa Board Member
5.00 		10,000 0 0
1730 Rhode Island Ave NW
Washington,DC20036
Anna Lefer Kuhn Executive Director
40.00 		190,000 45,932 0
1730 Rhode Island Ave NW
Washington,DC20036
Jennifer Pae Executive Director
40.00 		63,455 2,955 0
1730 Rhode Island Ave NW
Washington,DC20036
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
Karen Mosley Grants Manager
40.00 		96,529 15,037 0
1730 Rhode Island Ave NW
Washington,DC20036
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
Veris Wealth Partners Investment management 110,889
17 State St Ste 2450
New York,NY10004
Brown Advisory Investment management 69,115
901 S Bond Street Ste 400
Baltimore,MD21231
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
45,517,272
b
Average of monthly cash balances.......................
1b
604,201
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
46,121,473
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
46,121,473
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
691,822
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
45,429,651
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,271,483
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
2,271,483
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
12,640
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
12,640
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,258,843
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,258,843
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
2,258,843
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
4,674,131
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
4,674,131
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 2,258,843
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...... 1,045,672
b From 2019...... 2,306,237
c From 2020...... 2,469,307
d From 2021...... 846,713
e From 2022...... 2,462,072
f Total of lines 3a through e ........ 9,130,001
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 4,674,131
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..... 2,258,843
e Remaining amount distributed out of corpus 2,415,288
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 11,545,289
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) ... 		1,045,672
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		10,499,617
10 Analysis of line 9:
a Excess from 2019.... 2,306,237
b Excess from 2020.... 2,469,307
c Excess from 2021.... 846,713
d Excess from 2022.... 2,462,072
e Excess from 2023.... 2,415,288
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:
Executive Director
1730 Rhode Island Ave NW
Washington,DC20036
(202) 822-9193
bThe form in which applications should be submitted and information and materials they should include:
See "How to Apply" Information from Foundation's Website
cAny submission deadlines:
See "How to Apply" Information from Foundation's Website
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
See "How to Apply" Information from Foundation's Website
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

Action Center on Race and the Economy Institute

1901 West Carroll Avenue
Chicago,IL60612 		  PC general support 100,000

Americans for Financial Reform Education Fund

1620 L St NW STE 1100
Washington,DC20036 		  PC general support 100,000

Advance Decmocracy

1360 Beverly Road Suite 300
McLean,VA22101 		  PC general support 75,000

Alliance for Youth Organizing

915 5th Street NW
Washington,DC20001 		  PC project support 100,000

Amalgamated Charitable Fund

1825 K St NW
Washington,DC20006 		  PC project support 230,000

Blueprint North Carolina

PO Box 607
Durham,NC27702 		  PC general support 150,000

Casa Inc

8151 15TH AVE
Hyattsville,MD20783 		  PC general support 5,000

Center for Third World Organizing

1218 E 21st Street
Oakland,CA94606 		  PC Project grant for Dissenters 50,000

Citizen Action of WI Education Fund

221 S 2nd Street Suite 300
Milwaukee,WI53203 		  PC general support 100,000

ColorOfChangeorg Education Fund

1714 Franklin Street Suite 100-136
Oakland,CA94612 		  PC general support 100,000

Demand Progress

1201 Connecticut Ave NW Suite 300
Washington,DC20036 		  PC general support 50,000

Democracy for the Arab World Now

22019 Eastcreek Drive
Ashburn,VA20148 		  PC general support 75,000

Democracy North Carolina

3000 Aerial Center Parkway Ste 160
Morrisville,NC27560 		  PC general support 50,000

Congressional Progressive Caucus Center

80 F Street NW
Washington,DC20001 		  PC project support 50,000

Florida Rising Together (Formally New Florida Majority Education Fund)

8330 Biscayne Bldv Ste 1050
Miami,FL33138 		  PC general support 100,000

Freedom Inc

2110 Luann Lane
Fitchnurg,WI53713 		  PC general support 75,000

Good Nation Foundation

100 Crosby St Suite 301
New York,NY10012 		  PC Project grant for Revolving Door Project 50,000

Government Accountability Project

1612 K St NW Suite 1100
Washington,DC20006 		  PC general support 5,000

IfNotNow Education Fund

1612 K St NW Suite 300
Washington,DC20006 		  PC general support 5,000

Institute for Policy Studies

1301 Connecticut Ave NW 600
Washington,DC20036 		  PC project support 50,000

Just Vision Inc

1250 H Street NW Suite 300
Washington,DC20005 		  PC general support 50,000

Just Vision Inc

1250 H Street NW Suite 300
Washington,DC20005 		  PC Smith Bagley Award 25,000

Michigan United

4405 Wesson St
Detroit,MI48210 		  PC general support 75,000

Michigan Voices

2727 2nd Avenue Suite 109
Detroit,MI48201 		  PC general support 100,000

Mothering Justice

17320 Livernois
Detroit,MI48221 		  PC general support 100,000

National Committee for Responsive Philanthropy

1900 L Street NW Suite 825
Washington,DC20036 		  PC general support 1,500

National Iranian American Council

1629 K Street NW Suite 503
Washington,DC20006 		  PC general support 50,000

Neighborhood Funders Group

300 Frank H Ogawa Plaza Suite 700
Oakland,CA94612 		  PC project support 20,000

NEO Philanthropy

45 West 36th Street 6th Floor
New York,NY10018 		  PC project support 5,000

NEO Philanthropy

45 West 36th Street 6th Floor
New York,NY10018 		  PC project support 2,000

NEO Philanthropy

45 West 36th Street 6th Floor
New York,NY10018 		  PC project support 3,000

NEO Philanthropy

45 West 36th Street 6th Floor
New York,NY10018 		  PC project support 100,000

PowerSwitch Action (Formerly known as the Partnership for Working Families)

1305 Franklin St Suite 501
Oakland,CA94612 		  PC project support 100,000

Public Accountability Initiative

45 Park Street Ste UR
Baffalo,NY14201 		  PC general support 100,000

Quincy Institute for Responsible Statecraft

2000 Pennsylvania Avenue NW 7000
Washington,DC20006 		  PC general support 75,000

Rise Education Fund

135 MAIN ST FL 20
San Francisco,CA94105 		  PC general support 5,000

Social and Evironmental Entreprenures Inc

23564 Calabasas Rd Ste 201
Calabasas,CA91302 		  PC Project grant for Funders for Justice 5,000

Social Good Fund Inc

6641 Aqua Vista Ct
Richmond,CA94805 		  PC Project grant for Freedom Forward 50,000

Solidaire Network Inc

52 Crestcent Avenue Unit 1
Malden,MA02148 		  PC general support 75,000

State Power Fund

425 CHERRY ST
Kent,OH44240 		  PC Project grant for All In Wisconsin 75,000

State Voices

719 Griswold St Ste 600
Detroit,MI48226 		  PC general support 75,000

Tides Center

PO Box 29198
San Francisco,CA94129 		  PC Project grant fo Detroit Action Education Fund 100,000

Tides Foundation

PO Box 29198
San Francisco,CA94129 		  PC Project grant for Black Leaders Organizing Communities 100,000

Tides Foundation

PO Box 29198
San Francisco,CA94129 		  PC Project grant for Center for Working Families Fund 200,000

United for Respect Education Fund

400 Jay Street 300
Brooklyn,NY11201 		  PC general support 100,000

United We Dream Network

1201 16th ST NW STE714
Washington,DC20036 		  PC general support 75,000

Voces de la Frontera

1027 S 5th St
Milwakee,WI53204 		  PC general support 75,000

We Are Down Home

3400 Battleground Avenue
Greensboro,NC27410 		  PC general support 75,000

We The People MI

440 Burroughs Street 174
Detroit,MI48067 		  PC general support 150,000

Windward Fund

1201 Connecticut Avenue NW Suite
300
Washington,DC20036 		  PC project support 100,000

Win Without War Education Fund

1 Thomas Circle NW 7th Floor
Washington,DC20005 		  PC general support 100,000
Total .................................right arrow 3a 3,686,500
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 ....     14 828,742  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16    
6 Net rental income or (loss) from personal property          
7 Other investment income .....     18    
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 103,528  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFederal excise tax benefit 		    01    
bProgram-related investment income         6,875
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 932,270 6,875
13Total. Add line 12, columns (b), (d), and (e)..................
13
939,145
(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.)
11b The program-related investment income is related to the sale of Arca's building in 2023.
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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
The Arca Foundation
 
Employer identification number

13-2751798
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
The Arca Foundation
  		Employer identification number
13-2751798
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Brett Bagley
 
5720 Frederica Road
 
St Simons Island, GA31522

$ 30,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
Nicole Bagley
 
735 S Filmore Street
 
Denver, CO80209

$ 17,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
The Arca Foundation
  		Employer identification number

13-2751798
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
The Arca Foundation
  		Employer identification number

13-2751798
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
The Arca Foundation
EIN:
13-2751798
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting 35,690 0   39,935

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

TY 2023 DepreciationSchedule
Name:
The Arca Foundation
EIN:
13-2751798
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
Base Grant Process Software (Npower) 2005-10-14 20,000 20,000 SL 3.000000000000 0 0    
Consulting fees to redesign website 2011-11-11 4,000 4,000 SL 3.000000000000 0 0    
Friendly Design Company (site design/development) 2011-12-21 6,525 6,525 SL 3.000000000000 0 0    
Friendly Design Company (site design/development) 2016-04-19 6,525 6,525 SL 3.000000000000 0 0    
Apple laptop 2021-01-21 1,600 1,066 SL 3.000000000000 534 0    
Continium Technology - AV Equipment 2022-09-29 5,696 290 SL 5.000000000000 1,139 0    
Moi- Various pieces of furniture 2022-05-24 33,944 2,937 SL 7.000000000000 4,849 0    
Microsoft Surface Laptop 4 2023-01-31 1,747   SL 3.000000000000 582 0    

TY 2023 GeneralExplanationAttachment
Name:
The Arca Foundation
EIN:
13-2751798
Identifier Return Reference Explanation
Controlled Entity Form 990-PF, Part VII-A, Line 11 Arca's ownership of the Biome Ventures Holding LLC is not an excess business holding because the LLC is not a "business enterprise" under the definitions for the application of the excess business tax rules. See 26 CFR 53.4943-1; 26 CFR 53.4943-10. The term "business enterprise" does not include a trade or business at least 95% of the gross income of which is derived from passive sources. 26 CFR 53.4943-10(c). Thus, stock in or ownership of a passive holding company such as Biome is not considered a holding in a business enterprise even if the company is controlled by the foundation. See PLR XXX-XX-XXXX.

TY 2023 InvestmentsCorpBondsSchedule
Name:
The Arca Foundation
EIN:
13-2751798
Name of Bond End of Year Book Value End of Year Fair Market Value
Corporate bonds 2,590,527 2,590,527

TY 2023 InvestmentsCorpStockSchedule
Name:
The Arca Foundation
EIN:
13-2751798
Name of Stock End of Year Book Value End of Year Fair Market Value
Common Stock 19,821,125 19,821,125

TY 2023 InvestmentsGovtObligationsSch
Name:
The Arca Foundation
EIN:
13-2751798
US Government Securities - End of Year Book Value:

5,303,453
US Government Securities - End of Year Fair Market Value:

5,303,453
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:
The Arca Foundation
EIN:
13-2751798
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Cash equivalents FMV 1,022,456 1,022,456
Mutual funds - fixed FMV 10,701,361 10,701,361
Private equity funds FMV 5,901,858 5,901,858
Asset-backed securities FMV 1,316,537 1,316,537
Certificates of deposit FMV 516,336 516,336
Alternative investments FMV 682,253 682,253
Program-related investments FMV 483,063 483,063

TY 2023 LandEtcSchedule2
Name:
The Arca Foundation
EIN:
13-2751798
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Base Grant Process Software (Npower) 20,000 20,000 0  
Consulting fees to redesign website 4,000 4,000 0  
Friendly Design Company (site design/development) 6,525 6,525 0  
Friendly Design Company (site design/development) 6,525 6,525 0  
Continium Technology - AV Equipment 5,696 1,429 4,267  
Moi- Various pieces of furniture 33,944 7,786 26,158  
Microsoft Surface Laptop 4 1,747 582 1,165  


TY 2023 LegalFeesSchedule
Name:
The Arca Foundation
EIN:
13-2751798
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal 34,395 0   36,704


TY 2023 OtherAssetsSchedule
Name:
The Arca Foundation
EIN:
13-2751798
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Right-of-use asset- operating lease 429,807 402,324 402,324
Federal excise tax refund receivable 52,349 52,349 52,349


TY 2023 OtherExpensesSchedule
Name:
The Arca Foundation
EIN:
13-2751798
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Repairs and maintenance 680 0   680
Miscellaneous 36,591 0   33,602
Furniture and equip. rental 5,274 0   5,274
Office supplies 4,965 0   4,965
Telephone 2,196 0   2,196
Insurance 14,046 0   14,046
Charitable contribution 16,937 0   16,937


TY 2023 OtherIncomeSchedule2
Name:
The Arca Foundation
EIN:
13-2751798
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Partnership ordinary income/loss 0 -1,190 0
Sec. 988 gain 0 -2,939 0
Program-related investment income 6,875   6,875


TY 2023 OtherIncreasesSchedule
Name:
The Arca Foundation
EIN:
13-2751798
Description Amount
Unrealized gain 6,543,760


TY 2023 OtherLiabilitiesSchedule
Name:
The Arca Foundation
EIN:
13-2751798
Description Beginning of Year - Book Value End of Year - Book Value
Deferred federal excise tax liability 26,408 132,037
Federal excise tax payable 18,701 30,778
Lease liability - operating lease 492,769 490,444


TY 2023 OtherProfessionalFeesSchedule
Name:
The Arca Foundation
EIN:
13-2751798
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment mgmt fees 196,295 182,704   13,591
Consultants/temporary staff 86,552 0   86,552


TY 2023 TaxesSchedule
Name:
The Arca Foundation
EIN:
13-2751798
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Federal excise tax 117,705 0   0