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
WAYFARER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1849 GREEN BAY ROAD 280
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HIGHLAND PARK, IL60035
A Employer identification number

86-2088032
B Telephone number (see instructions)

(312) 521-2607
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$53,979,331J 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) 2,350,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 206,419 206,419  
4 Dividends and interest from securities... 297,515 297,515  
5a Gross rents............ 33,206 33,206  
b Net rental income or (loss) 14,953
6a Net gain or (loss) from sale of assets not on line 10 -13,785,747
b Gross sales price for all assets on line 6a 70,456,103
7 Capital gain net income (from Part IV, line 2)... 70,456,103
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........ -10,898,607 70,993,243  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 208,400 0   208,400
14 Other employee salaries and wages...... 1,155,303 0   1,155,303
15 Pension plans, employee benefits....... 235,902 0   235,902
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
28,845 0   28,845
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
11,440 0   11,440
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
576,681 0   576,681
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
967,139 0   233,139
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
14,564 14,564  
20 Occupancy.............. 143,310 0   143,310
21 Travel, conferences, and meetings....... 742,721 0   742,721
22 Printing and publications.......... 1,559 0   1,559
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
688,946 3,689   685,257
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,774,810 18,253   4,022,557
25 Contributions, gifts, grants paid....... 19,164,170 19,164,170
26 Total expenses and disbursements. Add lines 24 and 25 23,938,980 18,253   23,186,727
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -34,837,587
b Net investment income (if negative, enter -0-) 70,974,990
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............. 2,071,097 45,885,281 45,885,281
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 87,524,000 Click to see attachment
List of Attached Documents:
// Content
3,282,150 		2,494,050
c Investments—corporate bonds (attach schedule).......      
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).......... 0 Click to see attachment
List of Attached Documents:
// Content
4,100,000 		4,100,000
14 Land, buildings, and equipment: basis right arrow1,530,632
Less: accumulated depreciation (attach schedule) right arrow14,564 0 1,516,068 1,500,000
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 89,595,097 54,783,499 53,979,331
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
25,989
23 Total liabilities (add lines 17 through 22)......... 0 25,989
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 89,595,097 54,757,510
29 Total net assets or fund balances (see instructions)..... 89,595,097 54,757,510
30 Total liabilities and net assets/fund balances (see instructions). 89,595,097 54,783,499
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
89,595,097
2
Enter amount from Part I, line 27a .....................
2
-34,837,587
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
54,757,510
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
54,757,510
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 385000 SHS PAYLOCITY   2022-12-02 2023-12-05
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 70,456,103     70,456,103
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       70,456,103
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 70,456,103
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) 1 986,552
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........................... 3 986,552
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- ..... 5 986,552
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 734,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 280,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,014,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
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 27,448
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow27,448 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 arrowIL
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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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 arrowWAYFARERFOUNDATION.ORG
14
The books are in care ofright arrowLAURA HERRICK Telephone no.right arrow (312) 521-2607

Located atright arrow1849 GREEN BAY ROAD SUITE 280HIGHLAND PARKIL ZIP+4right arrow60035
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
STEVEN I SAROWITZ PRESIDENT
1.00 		0 0 0
1849 GREEN BAY ROAD STE 280
HIGHLAND PARK,IL60035
JUSTIN BALDONI VICE PRESIDENT
1.00 		0 0 0
1849 GREEN BAY ROAD STE 280
HIGHLAND PARK,IL60035
CYNTHIA BARNES-SLATER SECRETARY
1.00 		0 0 0
1849 GREEN BAY ROAD STE 280
HIGHLAND PARK,IL60035
LAURA HERRICK EXECUTIVE DIRECTOR
40.00 		208,400 6,470 0
1849 GREEN BAY ROAD STE 280
HIGHLAND PARK,IL60035
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
CARMEN PATLAN CHIEF OF STAFF
40.00 		130,316 17,046 0
1849 GREEN BAY ROAD STE 280
HIGHLAND PARK,IL60035
CELESTE SMITH SR PROGRAM DIRECTOR
40.00 		131,129 3,625 0
1849 GREEN BAY ROAD STE 280
HIGHLAND PARK,IL60035
KEVIN WILLIAMS SR COMMUNICATIONS DI
40.00 		106,681 19,237 0
1849 GREEN BAY ROAD STE 280
HIGHLAND PARK,IL60035
RICHARD HAVARD DIRECTOR OF PROGRAMS
40.00 		106,544 10,046 0
1849 GREEN BAY ROAD STE 280
HIGHLAND PARK,IL60035
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
37,975,792
b
Average of monthly cash balances.......................
1b
28,478,744
c
Fair market value of all other assets (see instructions)................
1c
1,410,417
d
Total (add lines 1a, b, and c).........................
1d
67,864,953
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
67,864,953
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,017,974
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
66,846,979
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,342,349
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
3,342,349
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
986,552
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
986,552
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,355,797
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,355,797
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
2,355,797
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
23,186,727
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
23,186,727
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 2,355,797
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......  
c From 2020......  
d From 2021...... 4,356,221
e From 2022...... 10,276,729
f Total of lines 3a through e ........ 14,632,950
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 23,186,727
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..... 2,355,797
e Remaining amount distributed out of corpus 20,830,930
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 35,463,880
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 ...... 		35,463,880
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021.... 4,356,221
d Excess from 2022.... 10,276,729
e Excess from 2023.... 20,830,930
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).)
STEVEN I SAROWITZ
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

A CALL TO MEN

250 MERRICK ROAD 813
ROCKVILLE CENTRE,NY11570 		N/A PC GENERAL OPERATING SUPPORT 100,000

ABDORRAHMAN BOROUMAND CENTER

3220 N STREET NW
WASHINGTON,DC20007 		N/A PC GENERAL OPERATING SUPPORT 210,000

ABRAHAMIC HOUSE

11222 SAINT MICHAELS DRIVE
DALLAS,TX75230 		N/A PC GENERAL OPERATING SUPPORT 80,000

ALBANY PARK THEATER PROJECT

5100 N RIDGEWAY AVE
CHICAGO,IL60625 		N/A PC GENERAL OPERATING SUPPORT 150,000

ALLIANCE FOR FELIX COVE

1625 CLAY STREET
OAKLAND,CA94612 		N/A PC GENERAL OPERATING SUPPORT 35,000

BANCROFT NEIGHBORHOOD ASSOCIATION

4120 17TH AVE
MINNEAPOLIS,MN55407 		N/A PC GENERAL OPERATING SUPPORT 22,000

AMERICAN SOCIETY OF THE UNIVERSITY OF HAIFA

1410 BROADWAY SUITE 302
NEW YORK,NY10018 		N/A PC GENERAL OPERATING SUPPORT 250,000

BE THE HEALING

3519 NE 15TH AVE 277
PORTLAND,OR97212 		N/A PC GENERAL OPERATING SUPPORT 50,000

BIRTH DETROIT

PO BOX 19727
DETROIT,MI48219 		N/A PC GENERAL OPERATING SUPPORT 100,000

ARGROW'S HOUSE

3811 HARRISON STREET SUITE 100
DAVENPORT,IA52806 		N/A PC GENERAL OPERATING SUPPORT 50,000

BOOKS AND BREAKFAST

419 GREENWOOD ST
EVANSTON,IL60201 		N/A PC GENERAL OPERATING SUPPORT 300,000

CAMBRIDGE HEART

100 AMES POND DRIVE
TEWKSBURY,MA01876 		N/A PC GENERAL OPERATING SUPPORT 50,000

CENTER FOR MIND BODY MEDICINE

5225 CONNECTICUT AVENUE NW
WASHINGTON,DC20015 		N/A PC GENERAL OPERATING SUPPORT 10,000

CHEYENNE RIVER YOUTH PROJECT

701 4TH ST
EAGLE BUTTE,SD58625 		N/A PC GENERAL OPERATING SUPPORT 1,000,000

CHICAGO CARES

1200 W 35TH ST
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT 150,000

BLACK HILLS AREA COMMUNITY FOUNDATION

243 FOUNDERS PARK DR STE 102
RAPID CITY,SD57701 		N/A PC GENERAL OPERATING SUPPORT 50,000

CHILDREN'S THEATRE CENTER

34 POWER ST NO 3B
BROOKLYN,NY11211 		N/A PC GENERAL OPERATING SUPPORT 75,000

CHINLE PLANTING HOPE

PO BOX 4119
CHINLE,AZ86503 		N/A PC GENERAL OPERATING SUPPORT 75,000

CHOCOLATE MILK CAFE NATIONAL INC

140 SANDFORD AVE
NORTH PLAINFIELD,NJ07060 		N/A PC GENERAL OPERATING SUPPORT 17,000

CLAREMONT GRADUATE UNIVERSITY

150 E 10TH STREET
CLAREMONT,CA91711 		N/A PC GENERAL OPERATING SUPPORT 200,000

COFFEE HIP HOP AND MENTAL HEALTH

1051 W BELMONT AVE
CHICAGO,IL60657 		N/A PC GENERAL OPERATING SUPPORT 40,000

COHERENT DEVELOPMENT RESEARCH INSTITUTE

3751 37TH ST UNIT 10
SAN DIEGO,CA92105 		N/A PC GENERAL OPERATING SUPPORT 30,000

BLUE LAPIS LIGHT

10331 B OLD MANCHACA RD
AUSTIN,TX78748 		N/A PC GENERAL OPERATING SUPPORT 50,000

CANTICLE FARM

115 EAST MAIN STREET
ALLEGHANY,NY14706 		N/A PC GENERAL OPERATING SUPPORT 50,000

DARA INC

3015 Q STREET NW
WASHINGTON,DC20007 		N/A PC GENERAL OPERATING SUPPORT 150,000

EEQUAL

PO BOX 370094
DENVER,CO80237 		N/A PC GENERAL OPERATING SUPPORT 35,000

EMBARC

8626 BAYTOWNE AVE
SANDESTIN,FL32550 		N/A PC GENERAL OPERATING SUPPORT 450,000

EMBRACERACE

275 MADISON AVE SUITE B
NEW YORK,NY10016 		N/A PC GENERAL OPERATING SUPPORT 175,000

EPIC THEATRE CENTER INC

410 WEST 42ND STREET 4E1
NEW YORK,NY10036 		N/A PC GENERAL OPERATING SUPPORT 60,000

EQUITICITY

1956 S HAMLIN AVE 3
CHICAGO,IL60623 		N/A PC GENERAL OPERATING SUPPORT 325,000

FAMILY MATTERS NETWORK

60 MONROE AVE
MEMPHIS,TN38103 		N/A PC GENERAL OPERATING SUPPORT 150,000

FEARLESS DIALOGUES

260 PEACHTREE STREET SUITE 1201
ATLANTA,GA30303 		N/A PC GENERAL OPERATING SUPPORT 150,000

CENTER ON MODERNITY IN TRANSITION

616 SWIFT AVE
DURHAM,NC27701 		N/A PC GENERAL OPERATING SUPPORT 750,000

FRIENDS OF THE HIGHWOOD LIBRARY

102 HIGHWOOD AVE
HIGHWOOD,IL60040 		N/A PC GENERAL OPERATING SUPPORT 1,150,000

GIVAT HAVIVA EDUCATION FOUNDATION

500 7TH AVENUE 8TH FLOOR
NEW YORK,NY10018 		N/A PC GENERAL OPERATING SUPPORT 145,000

CENTER FOR NEIGHBORHOOD TECHNOLOGY

17 NORTH STATE STREET 1400
CHICAGO,IL60602 		N/A PC GENERAL OPERATING SUPPORT 40,000

GUITARS OVER GUNS ORGANIZATION INC

169 EAST FLAGLER ST
MIAMI,FL33131 		N/A PC GENERAL OPERATING SUPPORT 150,000

CHESSMAN OF THE NORTHSHORE

PO BOX 1265
EVANSTION,IL60204 		N/A PC GENERAL OPERATING SUPPORT 25,000

HEBREW UNIVERSITY OF JERUSALEM

199 WATER ST 11TH FLOOR
NEW YORK,NY10038 		N/A PC GENERAL OPERATING SUPPORT 131,777

HOPA MOUNTAIN

234 E BABCOCK ST SUITE E
BOZEMAN,MT59715 		N/A PC GENERAL OPERATING SUPPORT 150,000

CITY BUREAU NFP

3619 S STATE ST STE 400
CHICAGO,IL60609 		N/A PC GENERAL OPERATING SUPPORT 26,200

INSTITUTE FOR FREEDOMS INC

2354 WINDSOR AVE
ALTADENA,CA91001 		N/A PC GENERAL OPERATING SUPPORT 135,600

CITY HOPE SAN FRANCISCO

PO BOX 640959
SAN FRANCISCO,CA94164 		N/A PC GENERAL OPERATING SUPPORT 50,000

CLAIRE'S PLACE FOUNDATION

2110 ARTESIA BLVD BOX 819
REDONDO BEACH,CA90278 		N/A PC GENERAL OPERATING SUPPORT 25,000

JOB PATH

256 W 38TH ST 2ND FLOOR
NEW YORK,NY10018 		N/A PC GENERAL OPERATING SUPPORT 100,000

CONCORD MB CHURCH

2510 MARSH ROAD
WILMINGTON,DE19810 		N/A PC GENERAL OPERATING SUPPORT 50,000

LATINOS FOR EDUCATION

275 PAYSON ROAD
BELMONT,MA02478 		N/A PC GENERAL OPERATING SUPPORT 150,000

LAW AND CIVICS READING AND WRITING INSTITUTE

10208 S WOOD STREET
CHICAGO,IL60643 		N/A PC GENERAL OPERATING SUPPORT 45,000

LAWNDALE CHILDREN'S DISCOVERY CENTER

2653 W OGDEN
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT 100,000

LIDE FOUNDATION

5737 KANAN RD BOX 501
AGOURA HILLS,CA91301 		N/A PC GENERAL OPERATING SUPPORT 50,000

MAIA

444 W LAKE ST STE 1700
CHICAGO,IL60606 		N/A PC GENERAL OPERATING SUPPORT 150,000

MANIDOO OGITIGAAN

102 FIRST STREET WEST 110
BEMIDJI,MN56601 		N/A PC GENERAL OPERATING SUPPORT 292,730

MIRACLE MESSAGES

5432 GEARY BLVD STE 896
SAN FRANCISCO,CA94121 		N/A PC GENERAL OPERATING SUPPORT 125,000

MITCHELL MUSEUM OF THE AMERICAN INDIAN

3001 CENTRAL ST
EVANSTON,IL60201 		N/A PC GENERAL OPERATING SUPPORT 60,000

MNI WICHONI HEALTH CIRCLE

3904 LILLIAN COURT SE
MANDAN,SD57642 		N/A PC GENERAL OPERATING SUPPORT 75,000

MNI WICONI NAKICINZE WOUNSPE

PO BOX 357
MCLAUGHLIN,SD57642 		N/A PC GENERAL OPERATING SUPPORT 150,000

MONA FOUNDATION

14150 NE 20TH ST FL-527
BELLEVUE,WA98007 		N/A PC GENERAL OPERATING SUPPORT 800,000

COUP COUNCIL

103-A NEW YORK AVE
RAPID CITY,SD57701 		N/A PC GENERAL OPERATING SUPPORT 25,000

NATIONAL SPIRITUAL ASSEMBLY OF THE BAHA'IS OF THE UNITED STATES

1233 CENTRAL STREET
EVANSTON,IL60231 		NN PC GENERAL OPERATING SUPPORT 650,000

NATIONAL UNDERGROUND RAILROAD FREEDOM CENTER INC

1301 WESTERN AVE
CINCINNATI,OH45203 		N/A PC GENERAL OPERATING SUPPORT 500,000

DEEPLY ROOTED PRODUCTIONS

17 NORTH STATE STREET
CHICAGO,IL60602 		N/A PC GENERAL OPERATING SUPPORT 50,000

NEW ENGLAND CENTER FOR ARTS AND TECHNOLOGY

23 BRADSTON ST
BOSTON,MA02118 		N/A PC GENERAL OPERATING SUPPORT 150,000

NEW ERA CREATIVE SPACE

113 OVERLOOK AVE
PEEKSKILL,NY10566 		N/A PC GENERAL OPERATING SUPPORT 365,000

NEW MOVEMENT TO REDRESS RACIAL SEGREGATION

360 14TH STREET 2ND FLOOR
OAKLAND,CA94612 		N/A PC GENERAL OPERATING SUPPORT 160,000

ESPRIT DES CONCERTS DBA THE JULIANI ENSEMBLE

1225 GREENLEAF ST
EVANSTION,IL60202 		N/A PC GENERAL OPERATING SUPPORT 50,000

EUCHEE YUCHI LANGUAGE PROJECT

200 EAST 171ST ST SOUTH
GLENPOOL,OK74033 		N/A PC GENERAL OPERATING SUPPORT 50,000

OCETI WAKAN

PO BOX 1958
PINE RIDGE,SD57770 		N/A PC GENERAL OPERATING SUPPORT 10,500

ORGANIC ONENESS

3120 S INDIANA 403
CHICAGO,IL60616 		N/A PC GENERAL OPERATING SUPPORT 150,000

PALENKE ARTS

1713 BROADWAY AVE
SEASIDE,CA93955 		N/A PC GENERAL OPERATING SUPPORT 95,000

FAITH IN PLACE

5416 S CORNELL AVE
CHICAGO,IL60615 		N/A PC GENERAL OPERATING SUPPORT 50,000

PARENT UNIVERSITY

9312 DUNWOODY DR
SAVANNAH,GA31406 		N/A PC GENERAL OPERATING SUPPORT 357,200

FAST BLACKFEET

108 2ND ST NW
BROWNING,MT59417 		N/A PC GENERAL OPERATING SUPPORT 50,000

PLAYERS PHILANTHROPY FUND

1122 KENILWORTH DRIVE 201
TOWSON,MD21204 		N/A PC GENERAL OPERATING SUPPORT 40,000

POSSIBILITY LABS

1410 FRANKLIN ST 135
SAN FRANCISCO,CA94109 		N/A PC GENERAL OPERATING SUPPORT 125,000

PROJECT I AM

7923 S PAXTON AVE
CHICAGO,IL60617 		N/A PC GENERAL OPERATING SUPPORT 24,588

FIRST ALASKANS INSTITUTE

606 E STREET STE 200
ANCHORAGE,AK99501 		N/A PC GENERAL OPERATING SUPPORT 50,000

RAHEEM

1423 BROADWAY 192
OAKLAND,CA94612 		N/A PC GENERAL OPERATING SUPPORT 200,000

RAINBOWS FOR ALL CHILDREN

614 DEMPSTER ST STE C
EVANSTON,IL60202 		N/A PC GENERAL OPERATING SUPPORT 60,000

FIRST NATIONS DEVELOPMENT INSTITUTE

2432 MAIN STREET 2ND FLOOR
LONGMONT,CO80501 		N/A PC GENERAL OPERATING SUPPORT 200,000

SERVICE LEARNING MICROSCHOOL ORGANIZATION INC

1950 VIRGINIA AVE
CLEARWATER,FL33763 		N/A PC GENERAL OPERATING SUPPORT 46,316

SHARING SACRED SPACES

1044 NORTH STREET
GREENWICH,CT06831 		N/A PC GENERAL OPERATING SUPPORT 50,000

SOJOURNERS

408 C ST NE
WASHINGTON,DC20002 		N/A PC GENERAL OPERATING SUPPORT 180,000

SOLHEALTH

12404 DEER TRAC
AUSTIN,TX78727 		N/A PC GENERAL OPERATING SUPPORT 70,000

SPIRITUAL ASSEMBLY OF THE BAHA'IS OF CHICAGO

5755 OBAMA BLVD
LOS ANGELES,CA90016 		N/A PC GENERAL OPERATING SUPPORT 30,000

TAHIRIH JUSTICE CENTER

6400 ARLINGTON BLVD
FALLS CHURCH,VA22042 		N/A PC GENERAL OPERATING SUPPORT 230,000

TANENBAUM CENTER FOR INTERRELIGIOUS UNDERSTANDING

55 BROAD ST 17TH FLOOR
NEW YORK,NY10004 		N/A PC GENERAL OPERATING SUPPORT 489,800

THE 100 HORSES WOMENS SOCIETY

PO BOX 400
DUPREE,SD57623 		N/A PC GENERAL OPERATING SUPPORT 30,000

THE AMERICAN IRELAND FUND

10 POST OFFICE SQUARE STE N950
BOSTON,MA02109 		N/A PC GENERAL OPERATING SUPPORT 57,000

THE ASPEN INSTITUTE INC

2300 N ST NW
WASHINGTON,DC20037 		N/A PC GENERAL OPERATING SUPPORT 150,000

FREEDOM COMMUNITY CENTER

3450 OHIO AVE
ST LOUIS,MO63118 		N/A PC GENERAL OPERATING SUPPORT 50,000

GEORGE FLOYD GLOBAL MEMORIAL

3501 CHICAGO AVE
MINNEAPOLIS,MN55407 		N/A PC GENERAL OPERATING SUPPORT 150,000

THE CURRENT PROJECT

45 WEST 139TH ST APT 8N
NEW YORK,NY10037 		N/A PC GENERAL OPERATING SUPPORT 105,000

THE HOPI FOUNDATION

110 MAIN ST
KYKOTSMOVI VILLAGE,AZ86039 		N/A PC GENERAL OPERATING SUPPORT 92,000

THE INTONATION MUSIC WORKSHOP

345 N LOOMIS
CHICAGO,IL60607 		N/A PC GENERAL OPERATING SUPPORT 158,993

THE OIKOS INSTITUTE FOR SOCIAL IMPACT

5113 S HARPER ST STE 2C
CHICAGO,IL60615 		N/A PC GENERAL OPERATING SUPPORT 94,000

GUILD OF FUTURE ARCHITECTS NEW YORK

35 W 50TH STREET
NEW YORK,NY10020 		N/A PC GENERAL OPERATING SUPPORT 50,000

THE POLICY ACADEMIES

740 15TH STREET NW SUITE 900
WASHINGTON,DC20005 		N/A PC GENERAL OPERATING SUPPORT 50,000

INDIGENOUS LIFE WAYS

2418 EAST HISTORIC HWY 66259
GALLUP,NM87301 		N/A PC GENERAL OPERATING SUPPORT 25,000

UNITY IN MOTION

PO BOX 511131
MILWAUKEE,WI53203 		N/A PC GENERAL OPERATING SUPPORT 100,000

INNER CITY MUSLIM ACTION NETWORK

2744 W 63RD ST
CHICAGO,IL60629 		N/A PC GENERAL OPERATING SUPPORT 205,000

URBAN ARTS

39 W 19TH STREET 5TH FLOOR
NEW YORK,NY10011 		N/A PC GENERAL OPERATING SUPPORT 150,000

JAZZ INSTITUTE OF CHICAGO

410 MICHIGAN AVE
CHICAGO,IL60605 		N/A PC GENERAL OPERATING SUPPORT 25,000

WHITE PONY EXPRESS

3380 VINCENT RD 107
PLEASANT HILL,CA94523 		N/A PC GENERAL OPERATING SUPPORT 150,000

JOHN KANIA

600 GOODRICH FOUR CORNERS
NORWICH,VT05055 		N/A PC GENERAL OPERATING SUPPORT 50,000

WOZU

7039 HIGHWAY 1806
CANNON BALL,ND58528 		N/A PC GENERAL OPERATING SUPPORT 200,000

YES2JOBS

4859 WEST SLAUSON BLVD 677
LOS ANGELES,CA90056 		N/A PC GENERAL OPERATING SUPPORT 19,873

YOU MATTER 2

1050 WEST INDIANA ST
GLENWOOD,IL60425 		N/A PC GENERAL OPERATING SUPPORT 139,025

CHICAGO DEFENDER CHARITIES

3509 S KING DR
CHICAGO,IL60653 		N/A PC GENERAL OPERATING SUPPORT 50,000

LA CASA NORTE

3533 W NORTH AVE
CHICAGO,IL60647 		N/A PC GENERAL OPERATING SUPPORT 30,000

LIGHTHOUSE FOUNDATION OF CHICAGOLAND

2335 N ORCHARD ST
CHICAGO,IL60614 		N/A PC GENERAL OPERATING SUPPORT 150,000

LISTEN FIRST PROJECT

515 S MANGUM ST 5140
DURHAM,NC27701 		N/A PC GENERAL OPERATING SUPPORT 25,000

LOCAL SPIRITUAL ASSEMBLY OF THE BAHA'I OF HIGHLAND PARK

PO BOX 408
HIGHLAND PARK,IL60035 		N/A PC GENERAL OPERATING SUPPORT 50,000

LOVE UNITY AND VALUES INSTITUTE

2097 S WABASH AVE 200
CHICAGO,IL60616 		N/A PC GENERAL OPERATING SUPPORT 50,000

MAHCHIWMINAHNAHTIK CHIPPEWA AND CREE LANGUAGE REVITALIZATION

278 ELKHORN ST
ELDER,MT59521 		N/A PC GENERAL OPERATING SUPPORT 23,000

MOSAIC YOUTH THEATRE OF DETROIT

2251 ANTIETAM
DETROIT,MI48207 		N/A PC GENERAL OPERATING SUPPORT 30,000

NATIONAL BAHA'I FUND

1233 CENTRAL STREET
EVANSTION,IL60201 		N/A PC GENERAL OPERATING SUPPORT 1,700

NATIONAL CENTER FOR RACE AMITY

100 POWDER MILL RD STE 245
ACTON,MA01720 		N/A PC GENERAL OPERATING SUPPORT 139,500

NATIVE ACTION

50 EAST FREEDOM WAY
CINCINNATI,OH45202 		N/A PC GENERAL OPERATING SUPPORT 25,000

NEHEMIAH GROUP

6439 SOUTH PEORIA ST
CHICAGO,IL60621 		N/A PC GENERAL OPERATING SUPPORT 50,000

NEW COMMUNITY OUTREACH

3627 S COTTAGE GROVE AVE
CHICAGO,IL60653 		N/A PC GENERAL OPERATING SUPPORT 41,500

NEW COMMUNITY PROJECT INC

1850 AMSTERDAM AVE
NEW YORK,NY10031 		N/A PC GENERAL OPERATING SUPPORT 22,000

OAYE LUTA OKOLAKICIYE

937 EAST N ST
RAPID CITY,SD57701 		N/A PC GENERAL OPERATING SUPPORT 50,000

ON BEING PROJECT

1619 HENNEPIN AVE
MINNEAPOLIS,MN55403 		N/A PC GENERAL OPERATING SUPPORT 225,000

ONE EARTH COLLECTIVE

805 LAKE STREET 177
OAK PARK,IL60301 		N/A PC GENERAL OPERATING SUPPORT 40,000

PALENQUE LSNA

2840 N MILWAUKEE AVE
CHICAGO,IL60618 		N/A PC GENERAL OPERATING SUPPORT 50,000

PARLIAMENT OF THE WORLD'S RELIGIONS

4422 N RAVENSWOOD
CHICAGO,IL60640 		N/A PC GENERAL OPERATING SUPPORT 50,000

PERIOD INC

2175 NW RALEIGH ST STE 110
PORTLAND,OR97210 		N/A PC GENERAL OPERATING SUPPORT 30,000

PIEGAN INSTITUTE

223 4TH AVE SW
BROWNING,MT59417 		N/A PC GENERAL OPERATING SUPPORT 50,000

POMONA INLAND VALLEY MARTIN LUTHER KING JR PROJECT

1476 EDGEHILL DR
POMONA,CA91767 		N/A PC GENERAL OPERATING SUPPORT 15,000

PUBLIC DEMOCRACY AMERICA

10001 GEORGETOWN PIKE 317
GREAT FALLS,VA22066 		N/A PC GENERAL OPERATING SUPPORT 21,000

PUBLIC NARRATIVE

1245 S MICHIGAN AVE
CHICAGO,IL60605 		N/A PC GENERAL OPERATING SUPPORT 50,000

ROOTS CONNECTED INC

9410 N CALLE LINDA
TUCSON,AZ85704 		N/A PC GENERAL OPERATING SUPPORT 50,000

RURAL AMERICA INITIATIVES

2112 S VALLEY DR
RAPID CITY,SD57703 		N/A PC GENERAL OPERATING SUPPORT 50,000

SALTFIRE

6156 NE HIGHLAND BLVD
SUQUAMISH,WA98392 		N/A PC GENERAL OPERATING SUPPORT 15,000

SEVENTH GENERATION FUND FOR INDIGENOUS PEOPLES INC

2355 CENTAL AVE
MCKINLEYVILLE,CA95519 		N/A PC GENERAL OPERATING SUPPORT 52,000

SHOREFRONT NFP

2121 CHURCH ST
EVANSTION,IL60201 		N/A PC GENERAL OPERATING SUPPORT 45,000

SOGOREA TE LAND TRUST

2501 HARRISON ST
OAKLAND,CA94612 		N/A PC GENERAL OPERATING SUPPORT 50,000

SOUTH DAKOTA EDUCATION EQUITY COALITION

200 N PHILLIPS AVE STE 200
SIOUX FALLS,SD57104 		N/A PC GENERAL OPERATING SUPPORT 50,000

TESTIMONIES OF HOPE INC

2216 N BLANCHARD ST
DAVENPORT,IA52804 		N/A PC GENERAL OPERATING SUPPORT 100,000

THE CENTER FOR MIND BODY MEDICINE

5335 WISCONSIN AVE NW
WASHINGTON,DC20015 		N/A PC GENERAL OPERATING SUPPORT 300,000

THE DINNER PARTY LABS

154 HUMPHREY ST STE 4
SWAMPSCOTT,MA01907 		N/A PC GENERAL OPERATING SUPPORT 160,000

THE JOHN E FETZER INSTITUTE INC

9292 WEST KI AVE
KALAMAZOO,MI49009 		N/A PC GENERAL OPERATING SUPPORT 250,000

THE TIDES CENTER DEPOSITORY

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		N/A PC GENERAL OPERATING SUPPORT 50,000

THE WORKERS LAB

1111 BROADWAY FL 3
OAKLAND,CA94607 		N/A PC GENERAL OPERATING SUPPORT 50,000

THIRD SECTOR NEW ENGLAND INC

89 SOUTH ST STE 700
BOSTON,MA02111 		N/A PC GENERAL OPERATING SUPPORT 77,868

TRUE STAR FOUNDATION

4655 S KING DR
CHICAGO,IL60653 		N/A PC GENERAL OPERATING SUPPORT 50,000

UNION THEOLOGICAL SEMINARY

3041 BROADWAY
NEW YORK,NY10027 		N/A PC GENERAL OPERATING SUPPORT 50,000

VIRGINIA INTERFAITH CENTER FOR PUBLIC POLICY

1716 E FRANKLIN ST
RICHMOND,VA23223 		N/A PC GENERAL OPERATING SUPPORT 50,000

WABANAKI CULTURAL PRESERVATION COALITION NIBEZUN

PO BOX 387
OLD TOWN,ME04468 		N/A PC GENERAL OPERATING SUPPORT 100,000

WICAHPI KOYAKA TIYOSPAYE

820 PALMS BLVD
VENICE,CA90291 		N/A PC GENERAL OPERATING SUPPORT 21,000

WOMEN'S VOICES NOW

46-E PENINSULA CENTER
ROLLING HILLS ESTATES,CA90291 		N/A PC GENERAL OPERATING SUPPORT 20,000

WORLD FEDERALIST MOVEMENT INSTITUTE FOR GLOBAL POLICY

5 THOMAS CIRCLE NW
WASHINGTON,DC20005 		N/A PC GENERAL OPERATING SUPPORT 50,000

WRITERCOACH CONNECTION

2320 CHANNING WAY
BERKELEY,CA94704 		N/A PC GENERAL OPERATING SUPPORT 130,000
Total .................................right arrow 3a 19,164,170
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 206,419  
4 Dividends and interest from securities ....     14 297,515  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 14,953  
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 -13,785,747  
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 -13,266,860 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-13,266,860
(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
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
WAYFARER FOUNDATION
 
Employer identification number

86-2088032
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
WAYFARER FOUNDATION
  		Employer identification number
86-2088032
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
STEVEN I SAROWITZ
1849 GREEN BAY ROAD SUITE 280
 
HIGHLAND PARK, IL60035

$ 250,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
STEVEN I SAROWITZ
1849 GREEN BAY ROAD SUITE 280
 
HIGHLAND PARK, IL60035

$ 100,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
STEVEN I SAROWITZ
1849 GREEN BAY ROAD SUITE 280
 
HIGHLAND PARK, IL60035

$ 2,000,000


(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
WAYFARER FOUNDATION
  		Employer identification number

86-2088032
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
 TINY SOULS CONVERTIBLE PROMISSORY NOTE $ 250,000 2023-10-25
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 BAHIA HONEY LOAN RECEIVABLE $ 100,000 2023-10-25
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 BRILLIANT LABS SAFE INVESTMENT $ 2,000,000 2023-10-25
(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
WAYFARER FOUNDATION
  		Employer identification number

86-2088032
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:
WAYFARER FOUNDATION
EIN:
86-2088032
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 11,440 0   11,440

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

TY 2023 DepreciationSchedule
Name:
WAYFARER FOUNDATION
EIN:
86-2088032
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
BUILDING 2023-08-09 1,380,632   SL 39.500000000000 14,564 14,564    

TY 2023 InvestmentsCorpStockSchedule
Name:
WAYFARER FOUNDATION
EIN:
86-2088032
Name of Stock End of Year Book Value End of Year Fair Market Value
15,000 SHS PAYLOCITY STOCK 3,282,150 2,494,050

TY 2023 InvestmentsOtherSchedule2
Name:
WAYFARER FOUNDATION
EIN:
86-2088032
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
TINY SOULS CONVERTIBLE NOTE FMV 1,000,000 1,000,000
BAHIA HONEY LOAN RECEIVABLE FMV 100,000 100,000
BRILLIANT LABS SAFE INVESTMENT FMV 3,000,000 3,000,000

TY 2023 LegalFeesSchedule
Name:
WAYFARER FOUNDATION
EIN:
86-2088032
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 28,845 0   28,845


TY 2023 OtherExpensesSchedule
Name:
WAYFARER FOUNDATION
EIN:
86-2088032
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 126,997 0   126,997
OFFICE SUPPLIES 20,740 0   20,740
OFFICE EXPENSES 201,007 0   201,007
OUTSIDE SERVICES 17,982 0   17,982
UTILITIES 650 0   650
MARKETING 144,119 0   144,119
STIPENDS 118,422 0   118,422
SOFTWARE SUBSCRIPTIONS 14,824 0   14,824
MEALS 34,699 0   34,699
PAYROLL PROCESSING FEES 5,817 0   5,817
ADMINISTRATIVE FEES 60 60   0
REPAIRS AND MAINTENANCE 596 596   0
MANAGEMENT FEES 1,475 1,475   0
UTILITIES 1,558 1,558   0


TY 2023 OtherLiabilitiesSchedule
Name:
WAYFARER FOUNDATION
EIN:
86-2088032
Description Beginning of Year - Book Value End of Year - Book Value
REAL ESTATE TAX CREDIT 0 25,989


TY 2023 OtherProfessionalFeesSchedule
Name:
WAYFARER FOUNDATION
EIN:
86-2088032
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER 576,681 0   576,681


TY 2023 SubstantialContributorsSch
Name:
WAYFARER FOUNDATION
EIN:
86-2088032
Name Address
STEVEN I SAROWITZ 1849 GREEN BAY ROAD SUITE 280
HIGHLAND PARK,IL60035


TY 2023 TaxesSchedule
Name:
WAYFARER FOUNDATION
EIN:
86-2088032
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 233,139 0   233,139
FEDERAL EXCISE TAXES 734,000 0   0