TY 2023 Form 990PF

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)
	1	Contributions, gifts, grants, etc., received (attach schedule)	1,946,386
2	Check .............
3	Interest on savings and temporary cash investments	189,068	189,068
4	Dividends and interest from securities...	251,495	251,495
5a	Gross rents............	31,180	31,180
b	Net rental income or (loss) -68,637
6a	Net gain or (loss) from sale of assets not on line 10		952,711
b	Gross sales price for all assets on line 6a 2,083,130
7	Capital gain net income (from Part IV, line 2)...		952,711
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).......
12	Total. Add lines 1 through 11........	3,370,840	1,424,454
	13	Compensation of officers, directors, trustees, etc.	154,507	0		68,188
14	Other employee salaries and wages......	145,646	0		145,646
15	Pension plans, employee benefits.......	54,305	0		54,305
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	3,175	0		3,175
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	5,670	2,835		2,835
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	15,511	10,616		4,895
17	Interest...............	100	100		0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	38,434	6,092		0
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	54,386	0
20	Occupancy..............	95,953	78,268		11,882
21	Travel, conferences, and meetings.......	58,048	0		58,048
22	Printing and publications..........	11,515	0		11,515
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	416,583	16,343		399,266
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,053,833	114,254		759,755
25	Contributions, gifts, grants paid.......	1,826,536			1,826,536
26	Total expenses and disbursements. Add lines 24 and 25	2,880,369	114,254		2,586,291
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	490,471
b	Net investment income (if negative, enter -0-)		1,310,200
c	Adjusted net income (if negative, enter -0-)...

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	132	58,717	58,717
	2	Savings and temporary cash investments.........	1,301,298	305,787	305,787
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule) 3,409,487
		Less: allowance for doubtful accounts 0	3,114,487	3,409,487	3,409,487
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	0	List of Attached Documents: // Content 908,301	908,301
	b	Investments—corporate stock (attach schedule).......	16,488,351	List of Attached Documents: // Content 19,340,727	19,340,727
	c	Investments—corporate bonds (attach schedule).......	60,162	0	0
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	836,249	List of Attached Documents: // Content 975,543	975,543
	14	Land, buildings, and equipment: basis 2,205,697
		Less: accumulated depreciation (attach schedule) 182,510	1,545,423	List of Attached Documents: // Content 2,023,187	2,023,187
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	23,346,102	27,021,749	27,021,749
	17	Accounts payable and accrued expenses..........	1,071	19,383
	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 )
	23	Total liabilities (add lines 17 through 22).........	1,071	19,383
		Foundations that follow FASB ASC 958, check here
		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
		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	23,345,031	27,002,366
	29	Total net assets or fund balances (see instructions).....	23,345,031	27,002,366
	30	Total liabilities and net assets/fund balances (see instructions).	23,346,102	27,021,749

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	952,711
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................	3

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	18,212
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	18,212
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	18,212
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	12,000
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	11,800
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............	7	23,800
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.	8	155
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......	9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10	5,433
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax5,433	Refunded	11	0

(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
LISA LAPAN	PRESIDENT 3.00	0	0	0
6366 N SKYLINE RIDGE DR TUCSON,AZ85718
DAVID LAPAN	VICE PRESIDENT 3.00	0	0	0
6366 N SKYLINE RIDGE DR TUCSON,AZ85718
LUCY KIN	EXECUTIVE DIRECTOR 30.00	68,188	0	0
6366 N SKYLINE RIDGE DR TUCSON,AZ85718
JACKIE LAPAN	CEO 40.00	86,319	0	0
6366 N SKYLINE RIDGE DR TUCSON,AZ85718

		(a) Corpus	(b) Years prior to 2022	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7					916,108
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......	364,571
b From 2019......	166,704
c From 2020......
d From 2021......
e From 2022......	324,658
f Total of lines 3a through e ........		855,933
4Qualifying distributions for 2023 from Part
XI, line 4: $ 2,586,291
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.....					916,108
e Remaining amount distributed out of corpus		1,670,183
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		2,526,116
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) ...		364,571
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		2,161,545
10 Analysis of line 9:
a Excess from 2019....	166,704
b Excess from 2020....
c Excess from 2021....
d Excess from 2022....	324,658
e Excess from 2023....	1,670,183

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	(e) Total

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

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ANGEL CHARITY FOR CHILDREN INC 3132 N SWAN RD TUCSON,AZ85712	NONE	PUBLIC	SUPPORT	44,135
ARIZONA STATE UNIVERSITY 411 N CENTRAL AVE PHOENIX,AZ85004	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	54,788
ASU FOUNDATION 300 E UNIVERSITY DR TEMPE,AZ85281	NONE	PUBLIC	SUPPORT	1,015,447
AVEDA INSTITUTE 145 S 6TH AVE TUCSON,AZ85701	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	8,500
AZ COLLEGE OF ALLIED HEALTH 4425 W OLIVE AVE 300 GLENDALE,AZ85302	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	2,012
BANNER HEALTH FOUNDATION 50 W JEFFERSON ST STE 140 PHEONIX,AZ85003	NONE	PUBLIC	SUPPORT	500
BROOKLINE COLLEGE 5441 E 22ND ST STE 125 TUCSON,AZ85711	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	1,253
CARRINGTON COLLEGE 201 N BONITA AVE STE 101 TUCSON,AZ85745	NONE	N/A	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	1,250
CASA MARIA SOUP KITCHEN 352 E 25TH ST TUCSON,AZ85713	NONE	PUBLIC	SUPPORT	2,000
CENTURIONS 4501 E SUNRISE DR 161 TUCSON,AZ85718	NONE	PUBLIC	SUPPORT	6,000
CINEGA HS 12775 E MARYANN CLEVELAND VAIL,AZ85641	NONE	PUBLIC	SUPPORT	97
CONNETICUT COLLEGE 270 MOHEGAN AVE PKWY NEW LONDON,CT06320	NONE	PC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	1,000
DESERT THUNDER SCHOOL 16750 W GARFIELD ST GOODYEAR,AZ85338	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	400
DISCOVERY CHILDRENS MUSEUM 360 PROMENADE PL LAS VEGAS,NV89106	NONE	PUBLIC	SUPPORT	109,000
DREAM VOLUNTEERS 211 HOPE ST STE 390726 MOUNTAIN VIEW,CA94041	NONE	PUBLIC	SUPPORT	1,062
EL RIO HEALTH CENTER FOUNDATION 839 W CONGRESS TUCSON,AZ85745	NONE	PUBLIC	SUPPORT	6,000
EMPIRE BEAUTY SCHOOL 9945 WEST MCDOWELL ROAD 112 AVONDALE,AZ85323	NONE	N/A	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	454
EMPOWER COALITION 6336 N ORACLE RD TUCSON,AZ85704	NONE	PUBLIC	SUPPORT	10,500
FADE MASTERS ACADEMY OF BARBERING 151 W AJO WAY TUCSON,AZ85713	NONE	N/A	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	6,950
HOGAN SCHOOL OF REAL ESTATE 4023 E GRANT RD TUCSON,AZ85712	NONE	N/A	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	150
KINO COLLEGE 1980 W HOSPITAL DR TUCSON,AZ85704	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	5,228
NORTHERN ARIZONA UNIVERSITY S SAN FRANCISCO ST FLAGSTAFF,AZ86011	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	46,498
OPERATION IMPACT 3033 EXPRESS DRIVE N ISLANDIA,NY11749	NONE		SUPPORT	1,000
OTTAWA UNIVERSITY 15950 N CIVIC CENTER PLAZA SURPRISE,AZ85374	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	1,000
PIMA COMMUNITY COLLEGE 4905 E BROADWAY BLVD TUCSON,AZ85709	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	36,785
PIMA MEDICAL INSTITUTE 2121 N CRAYCROFT RD BLDG 1 TUCSON,AZ85712	NONE	N/A	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	7,200
PURE AESTHETICS 2850 E SPEEDWAY BLVD TUCSON,AZ85716	NONE	N/A	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	2,750
RONALD MCDONALD HOUSE CHARITIES OF SOUTHERN ARIZONA 2155 E ALLEN RD TUCSON,AZ85719	NONE	PUBLIC	SUPPORT	1,500
ROTARY CLUB OF TUCSON 3900 E TIMROD ST STE 4 TUCSON,AZ85711	NONE	PUBLIC	SUPPORT	100
SAN MIGUEL CORPORATION 40 SAN MIGUEL AVE MANDALUYONG CITY RP	NONE	PC	SUPPORT	13,000
SUN ANGEL FOUNDATION SUN DEVIL CLUB TEMPE,AZ85281	NONE	PC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	126
THE CATHOLIC UNIVERSITY OF AMERICA - TUCSON 1255 NORTH STONE AVE TUCSON,AZ85709	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	11,560
TU NIDITO 3922 N MOUNTAIN AVENUE TUCSON,AZ85719	NONE	PUBLIC	SUPPORT	3,000
TUCSON COLLEGE OF BEAUTY 3955 N FLOWING WELLS RD TUCSON,AZ85705	NONE	N/A	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	5,200
TUCSON CONQUISTADORES 6450 E BROADYWAY BLVD TUCSON,AZ85710	NONE	PUBLIC	CONQUISTADORES YOUTH GOLF FUND DBA THE FIRST TEE OF TUCSON.	16,000
TUCSON GIRL'S CHORUS 4020 E RIVER RD TUCSON,AZ85718	NONE	PUBLIC	SUPPORT	10,000
TUCSON JEWISH COMMUNITY CENTER 3800 E RIVER RD TUCSON,AZ85718	NONE	PUBLIC	SUPPORT	18,000
TUCSON UNIFIED SCHOOL DISTRICT 1010 E 10TH ST TUCSON,AZ85719	NONE	PUBLIC	SUPPORT	48,464
UNIVERSITY OF ARIZONA PO BOX 210066 TUCSON,AZ85721	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	146,931
UNIVERSITY OF CALIFORNIA LOS ANGELES 405 HILGARD AVE LOS ANGELES,CA90095	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	2,001
UNIVERSITY OF OREGON 1585 EAST 13TH AVE EUGENE,OR97403	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	3,400
UNIVERSITY OF SOUTHERN CALIFORNIA 3551 TROUSDALE PKWY LOS ANGELES,CA90089	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	2,000
UNIVERSITY OF TEXAS ARLINGTON 701 SOUTH NEDDERMAN DRIVE ARLINGTON,TX76019	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	2,000
VARIOUS 6366 N SKYLINE RIDGE DR TUCSON,AZ85718	NONE	N/A	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	168,689
WESTERN NEW MEXICO UNIVERSITY 1000 W COLLEGE AVE SILVER CITY,NM88062	NONE	PUBLIC	SCHOLARSHIPS AND EDUCATIONAL EXPENSES	1,406
WOUNDED WARRIORS 777 E MISSOURI AVE STE 103 PHEONIX,AZ85014	NONE	PUBLIC	SUPPORT	1,000
YOUTH ON THEIR OWN 1600 N ALVERNON WAY TUCSON,AZ85712	NONE	PC	SUPPORT	200
Total ................................. 3a				1,826,536

(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
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,083,130	1,130,419	952,711
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			952,711
b
c
d
e

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

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	189,068
4 Dividends and interest from securities ....			14	251,495
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....					-68,637
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	952,711
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		1,393,274	-68,637


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









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

bApproved for future payment

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

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

Name of organization LAPAN MEMORIAL SUNSHINE FOUNDATION INC C/O DAVID LAPAN

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	PATRICIA LAPAN CHARITABLE LEAD TR 6366 N SKYLINE RIDGE DR TUCSON, AZ85718	$ 1,817,675	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	JEWISH COMMUNITY CENTER 3718 E RIVER RD TUCSON, AZ85718	$ 5,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
3	IRONWOOD FINANCIAL 3100 W RAY RD CHANDLER, AZ85226	$ 5,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
4	LIJEDAJO LAPAN TRUST 6366 N SKYLINE RIDGE DR TUCSON, AZ85718	$ 30,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
5	CATHERIN ESSEGIAN 116 DOYLE ST SANTA CRUZ, CA95062	$ 5,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)

Name of organization LAPAN MEMORIAL SUNSHINE FOUNDATION INC C/O DAVID LAPAN		Employer identification number 88-0192311

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	9,501 SHARE OF APPLE STOCK	$ 1,817,636	2023-11-24
(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)


Name of organization LAPAN MEMORIAL SUNSHINE FOUNDATION INC C/O DAVID LAPAN			Employer identification number 88-0192311
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
RENOVATIONS	2016-11-21	33,000	5,182	SL	39.000000000000	846
RENOVATIONS	2017-12-31	511,978	66,187	SL	39.000000000000	13,128
RENOVATIONS	2018-12-31	139,527	14,461	SL	39.000000000000	3,578
2018 FORD TRANSIT CONNECT	2019-05-06	37,686	26,380	SL	5.000000000000	7,537
NEW OFFICE FURNITURE	2021-07-14	3,975		200DB	7.000000000000	0
NEW SIGN	2021-12-03	6,417		200DB	7.000000000000	0
LAND	2022-09-20	186,809		L		0
BUILDINGS	2022-09-20	747,236	4,670	SL	40.000000000000	18,681
APPLE COMPUTER	2022-03-09	3,300	550	SL	5.000000000000	660
APPLE COMPUTER	2022-07-19	3,618	302	SL	5.000000000000	724
539 W 19TH ST. BUILDING	2023-05-17	434,600		SL	27.500000000000	9,219
539 W 19TH ST. LAND	2023-05-17	95,400		L		0
RENOVATIONS	2023-10-19	2,150		SL	27.500000000000	13

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AMGEN INC	686,928	686,928
PFIZER INC	100,765	100,765
ABBOTT LABORATORIES	425,971	425,971
ABBVIE INC	325,437	325,437
ALPHABET INC CL C	845,580	845,580
ALPHABET INC CL A	838,140	838,140
AMAZON.COM INC	151,940	151,940
APPLE INC	8,431,659	8,431,659
BIOGEN INC	452,848	452,848
CARRIER GLOBAL CORPORATION	80,430	80,430
CATERPILLAR INC	177,402	177,402
COCA COLA COMPANY	17,679	17,679
DUKE ENERGY CORPORATION	126,928	126,928
GENERAL MILLS INC	244,275	244,275
HOME DEPOT INC	660,524	660,524
LEGG MASON PARTNERS EQUITY	387,204	387,204
LOWES COMPANIES INC	222,550	222,550
MASTERCARD INCORPORATED	127,953	127,953
MCDONALDS CORP	133,430	133,430
MERCK & CO INC	490,590	490,590
MICROSOFT CORP	1,222,130	1,222,130
NIKE INC	108,570	108,570
OTIS WORLDWIDE CORPORATION	62,629	62,629
PEPSICO INC	101,904	101,904
PROCTER & GAMBLE CO	109,905	109,905
UNITED PARCEL SVC INC CL B	314,460	314,460
VISA INC	104,140	104,140
WAL-MART STORES INC	157,650	157,650
WALT DISNEY CO	270,870	270,870
JOHNSON CONTROLS INTERNATIONAL PLC	115,280	115,280
MEDTRONIC PLC	98,856	98,856
TORONTO-DOMINION BANK	129,240	129,240
ELI LILLY & CO	291,460	291,460
UNION PACIFIC CORP	98,248	98,248
VALERO ENERGY CORP	72,410	72,410
LOCKHEED MARTIN CORP	90,648	90,648
NEXTERA ENERGY INC	182,220	182,220
QUALCOMM INC	231,408	231,408
TEXAS INSTRUMENTS INC	274,441	274,441
UNITEDHEALTH GROUP INC	315,882	315,882
CENCORA INCE	18,073	18,073
RTX CORPORATION	42,070	42,070

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
VANGUARD SPEC FUNDS - DIV APPREC	FMV	852,000	852,000
INVISIONAZ FUND I, LLC	AT COST	123,543	123,543

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
ADVERTISING	33,576	0	33,576
ANIMAL THERAPY PROGRAM EXP	9,921	0	9,921
AUTO EXPENSE	9,003	0	9,003
BANK FEES	2,728	0	2,728
COMPUTER & INTERNET EXP	6,087	0	6,087
CONTRACT LABOR	152,307	0	152,307
INSURANCE	11,582	0	11,582
INVESTMENT FEES	2,220	0	2,220
MEALS	25,819	0	25,819
MISCELLANEOUS EXP	3,842	0	2,868
OFFICE EXPENSE	7,245	0	7,245
STIPENDS	64,233	0	64,233
SUPPLIES	18,054	0	18,054
WORKMENS COMP	3,302	0	3,302
EQUIPMENT RENTAL AND MAINTENANCE	9,764	0	9,764
FRAUD	110	0	110
SUMMIT LEADERSHIP PROGRAM	38,407	0	38,407
STUDENT INCENTIVES	730	0	730
SUBSCRIPTIONS	1,310	0	1,310
SUPPLIES	7,124	7,124	0
FURNITURE & FIXTURES	0	0	0
INSURANCE	7,969	7,969	0
FURNITURE & FIXTURES	1,250	1,250	0

Software ID:
Software Version:

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL PROCESSING FEES	4,895	0		4,895
MANAGEMENT FEE FROM K-1	10,616	10,616		0

Category	Amount	Net Investment Income
FOREIGN TAX ON INVESTMENTS	886	886
EXCISE TAXES	8,965	0
PAYROLL TAXES	23,377	0
PROPERTY TAXES	3,872	3,872
PROPERTY TAXES	1,334	1,334