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 SILK FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 3479
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
KETCHUM, ID83340
A Employer identification number

20-3997071
B Telephone number (see instructions)

(310) 562-9100
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$10,871,499J 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) 253,294
2 Check right arrow.............
3 Interest on savings and temporary cash investments 7,997 7,997  
4 Dividends and interest from securities... 165,735 165,735  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 269,292
b Gross sales price for all assets on line 6a 1,580,965
7 Capital gain net income (from Part IV, line 2)... 269,292
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
59,005 59,005  
12 Total. Add lines 1 through 11........ 755,323 502,029  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,515 3,515    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,578 2,578    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
74,257 74,257    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 80,350 80,350   0
25 Contributions, gifts, grants paid....... 797,142 797,142
26 Total expenses and disbursements. Add lines 24 and 25 877,492 80,350   797,142
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -122,169
b Net investment income (if negative, enter -0-) 421,679
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 Savings and temporary cash investments......... 185,054 874,255 874,255
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)....... 2,966,051 Click to see attachment
List of Attached Documents:
// Content
2,582,383 		7,780,928
c Investments—corporate bonds (attach schedule)....... 2,006,732 Click to see attachment
List of Attached Documents:
// Content
1,551,918 		1,501,316
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)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
952,345 		Click to see attachment
List of Attached Documents:
// Content
724,102 		Click to see attachment
List of Attached Documents:
// Content
715,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,110,182 5,732,658 10,871,499
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
253,294 		 
23 Total liabilities (add lines 17 through 22)......... 253,294 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 5,856,888 5,732,658
29 Total net assets or fund balances (see instructions)..... 5,856,888 5,732,658
30 Total liabilities and net assets/fund balances (see instructions). 6,110,182 5,732,658
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
5,856,888
2
Enter amount from Part I, line 27a .....................
2
-122,169
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3,718
4
Add lines 1, 2, and 3 ..........................
4
5,738,437
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
5,779
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,732,658
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 CHEWY INC P 2023-01-20 2023-05-16
b BOOKING HOLDINGS INC P 2016-02-02 2023-09-18
c ISHARES IBOXX INVESTMENT P 2017-02-21 2023-03-17
d PALO ALTO NETWORKS INC P 2018-11-26 2023-03-16
e VERALTO CORP P 2016-11-16 2023-10-23
CHEWY INC P 2023-01-20 2023-11-27
BOOKING HOLDINGS INC P 2019-03-25 2023-09-18
ISHARES IBOXX INVESTMENT P 2020-06-10 2023-03-17
POOL CORPORATION P 2018-05-09 2023-05-01
ACCENTURE PLC P 2020-05-08 2023-03-16
APPLE INC P 1950-01-01 2023-09-18
BOSTON SCIENTIFIC CORP COM P 2020-06-04 2023-03-16
ISHARES IBOXX INVESTMENT P 2021-05-17 2023-03-17
RXO INC P 2017-06-05 2023-01-20
E-COBALT FUND I, LP P 2023-01-01 2023-12-31
BOSTON SCIENTIFIC CORP COM P 2020-03-06 2023-05-16
ESTEE LAUDER COMPANIES INC P 2020-01-09 2023-05-16
RXO INC P 2020-03-06 2023-01-20
E-COBALT FUND I, LP P 2022-01-01 2023-12-31
BROADCOM INC P 2018-02-13 2023-03-16
ESTEE LAUDER COMPANIES INC P 2020-06-04 2023-05-16
S&P GLOBAL INC P 2014-12-29 2023-05-16
COSTCO WHOLESALE CORP P 2022-07-18 2023-05-16
BROADCOM INC P 2020-01-09 2023-03-16
ELI LILLY & CO COM P 2020-07-13 2023-09-18
SALESFORCE INC P 2019-11-04 2023-05-16
COSTCO WHOLESALE CORP P 2022-11-25 2023-05-16
CANADIAN PACIFIC KANSAS CITY L P 2019-09-30 2023-09-18
MASTERBRAND INC P 2013-02-22 2023-01-20
SALESFORCE INC P 2020-01-09 2023-05-16
MORGAN STANLEY P 2022-12-28 2023-05-16
CENTENE CORP DEL P 2020-01-09 2023-05-16
MASTERBRAND INC P 2014-02-07 2023-01-20
SERVICENOW INC P 2021-09-07 2023-05-16
NORWEGIAN CRUISE LINE HOLDING P 2023-03-01 2023-05-16
CONSTELLATION BRANDS INC P 2019-03-25 2023-09-18
MASTERBRAND INC P 2016-01-06 2023-01-20
TOTAL CAPITAL INTL P 2014-01-28 2023-03-17
AGCO CORP COM P 2021-04-19 2023-05-16
META PLATFORMS INC P 2020-01-09 2023-05-01
MASTERBRAND INC P 2020-01-09 2023-01-20
TRACTOR SUPPLY CO COM P 2020-01-09 2023-03-16
AMERIPRISE FINANCIAL P 2014-01-28 2023-10-15
META PLATFORMS INC P 2020-01-09 2023-05-16
MICROSOFT CORP P 2015-10-01 2023-09-18
TRACTOR SUPPLY CO COM P 2009-12-01 2023-05-01
APPLE INC P 2016-04-26 2023-10-15
FIDELITY NATL INFORMATION SVCS INC P 2016-05-31 2023-06-08
MORGAN STANLEY P 2020-06-04 2023-05-16
TRANSDIGM GROUP INC P 2020-01-09 2023-03-01
APPLE INC P 2016-04-26 2023-09-18
FIDELITY NATL INFORMATION SVCS INC P 2016-08-12 2023-06-08
MORGAN STANLEY P 2020-06-04 2023-09-18
TRANSDIGM GROUP INC P 2015-12-21 2023-03-16
ARISTA NETWORKS INC P 2020-06-26 2023-03-01
FIDELITY NATL INFORMATION SVCS INC P 2016-11-16 2023-06-08
NVIDIA CORP P 2019-05-21 2023-03-01
TRANSDIGM GROUP INC P 2015-12-21 2023-05-16
BOOKING HOLDINGS INC P 2012-02-17 2023-09-18
INTUITIVE SURGICAL INC P 2022-08-08 2023-09-18
NVIDIA CORP P 2018-11-26 2023-03-16
ULTA BEAUTY INC P 2020-06-04 2023-03-16
(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 17,891   21,815 -3,924
b 15,971   5,320 10,651
c 229,966   250,580 -20,614
d 18,914   5,682 13,232
e 47   19 28
4,095   9,055 -4,960
15,971   8,769 7,202
81,597   100,348 -18,751
17,292   7,339 9,953
12,630   9,444 3,186
13,305   5,332 7,973
24,052   18,816 5,236
124,019   150,069 -26,050
7,947   6,028 1,919
8,278     8,278
12,122   8,390 3,732
9,779   10,501 -722
5,019   4,204 815
    18,359 -18,359
28,333   10,897 17,436
5,867   6,052 -185
14,412   3,606 10,806
12,440   13,076 -636
15,740   7,622 8,118
42,937   12,278 30,659
2,051   1,580 471
9,952   10,703 -751
11,857   6,684 5,173
4,210   2,188 2,022
30,766   26,916 3,850
24,636   25,390 -754
10,870   10,678 192
802   554 248
47,116   66,230 -19,114
18,361   20,269 -1,908
19,477   12,608 6,869
201   160 41
98,289   100,421 -2,132
46,506   58,999 -12,493
33,843   30,448 3,395
3,007   3,087 -80
5,839   2,266 3,573
100,000   100,000  
8,381   7,612 769
32,877   4,420 28,457
20,158   1,004 19,154
7,761   1,315 6,446
15,067   16,122 -1,055
14,371   8,470 5,901
18,744   14,812 3,932
22,351   3,314 19,037
3,767   4,084 -317
11,049   6,050 4,999
17,704   4,618 13,086
55,316   20,938 34,378
3,717   4,355 -638
22,754   3,886 18,868
12,146   2,771 9,375
15,971   2,895 13,076
14,979   12,112 2,867
51,637   7,711 43,926
25,808   12,402 13,406
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       -3,924
b       10,651
c       -20,614
d       13,232
e       28
      -4,960
      7,202
      -18,751
      9,953
      3,186
      7,973
      5,236
      -26,050
      1,919
      8,278
      3,732
      -722
      815
      -18,359
      17,436
      -185
      10,806
      -636
      8,118
      30,659
      471
      -751
      5,173
      2,022
      3,850
      -754
      192
      248
      -19,114
      -1,908
      6,869
      41
      -2,132
      -12,493
      3,395
      -80
      3,573
       
      769
      28,457
      19,154
      6,446
      -1,055
      5,901
      3,932
      19,037
      -317
      4,999
      13,086
      34,378
      -638
      18,868
      9,375
      13,076
      2,867
      43,926
      13,406
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 2 269,292
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 -4,655
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 5,861
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  
3 Add lines 1 and 2........................... 3 5,861
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,861
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 2,550
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,550
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 6,689
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow6,689 Refundedright arrow 11  
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowSTEPHEN SILK Telephone no.right arrow (310) 562-9100

Located atright arrowPO BOX 3479KETCHUMID ZIP+4right arrow83340
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
 
 
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
STEPHEN SILK PRES/TRUSTEE
0.20 		0 0 0
PO BOX 3479
KETCHUM,ID83340
SUSAN SILK TRUSTEE
0.20 		0 0 0
PO BOX 3479
KETCHUM,ID83340
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
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 arrow  
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 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
8,513,702
b
Average of monthly cash balances.......................
1b
712,487
c
Fair market value of all other assets (see instructions)................
1c
715,000
d
Total (add lines 1a, b, and c).........................
1d
9,941,189
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
9,941,189
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
149,118
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
9,792,071
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
489,604
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
489,604
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
5,861
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
5,861
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
483,743
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
483,743
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
483,743
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
797,142
b
Program-related investments—total from Part VIII-B..................
1b
 
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
797,142
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 7 483,743
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 458,563
b From 2019...... 201,921
c From 2020...... 137,579
d From 2021...... 403,243
e From 2022...... 198,687
f Total of lines 3a through e ........ 1,399,993
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 797,142
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 483,743
e Remaining amount distributed out of corpus 313,399
5 Excess distributions carryover applied to 2023.    
(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 1,713,392
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		458,563
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,254,829
10 Analysis of line 9:
a Excess from 2019.... 201,921
b Excess from 2020.... 137,579
c Excess from 2021.... 403,243
d Excess from 2022.... 198,687
e Excess from 2023.... 313,399
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
826LA


1714 W SUNSET BLVD
LOS ANGELES,CA90026 		NONE 501(C)3 GENERAL 7,500
AAREP LA


1836 CONTESSA
IRVINE,CA92620 		NONE 501(C)3 GENERAL 5,000
BOYS AND GIRLS CLUB OF SF


380 FULTON STREET
SAN FRANCISCO,CA94102 		NONE 501(C)3 GENERAL 3,000
BOYS AND GIRLS CLUB OF AMERICA


PO BOX 117431
ATLANTA,GA30368 		NONE 501(C)3 GENERAL 6,250
CANINE COMPANIONS


PO BOX 446
SANTA ROSA,CA95402 		NONE 501(C)3 GENERAL 10,000
CHILDREN BURN FOUNDATION


5000 VAN NUYS BLVD
SUITE 210
SHERMAN OAKS,CA91403 		NONE 501(C)3 GENERAL 12,000
CHILDRENS HOSPITAL OF LA


4650 W SUNSET BLVD
LOS ANGELES,CA90027 		NONE 501(C)3 GENERAL 37,500
LAND OF THE FREE FOUNDATION


ONE INDUSTRY HILLS PKWY
INDUSTRY,CA91744 		NONE 501(C)3 GENERAL 50,000
LATM


145 S SPRING ST
STE 725
LOS ANGELES,CA90012 		NONE 501(C)3 GENERAL 10,000
LUPUS RESEARCH ALLIANCE


275 MADISON AVE 10TH FLR
NEW YORK,NY10016 		NONE 501(C)3 GENERAL 25,000
ONE WORLD CHILDREN'S FUND


3108 GLENDALE BLVD
LOS ANGELES,CA90039 		NONE 501(C)3 GENERAL 5,000
PROJECT LYME


229 E 85TH ST STE 38
NEW YORK,NY10028 		NONE 501(C)3 GENERAL 10,000
ST LUKES FOUNDATION


100 HOSPITAL DRIVE
KETCHUM,ID83333 		NONE 501(C)3 GENERAL 2,500
THE HELP GROUP


13130 BURBANK BLVD
SHERMAN OAKS,CA91401 		NONE 501(C)3 GENERAL 50,000
TUNA CLUB OF AVALON


101 ST CATHERINE WAY
AVALON,CA90704 		NONE 501(C)3 GENERAL 1,000
ULI FOUNDATION


2001 L STREET NW 200
WASHINGTON,DC20036 		NONE 501(C)3 GENERAL 15,530
UNION RESCUE MISSION


545 S SAN PEDRO ST
LOS ANGELES,CA90013 		NONE 501(C)3 GENERAL 125,000
UNIVERSITY OF SOUTHERN CALIFORNIA


3501 LOT WAY
LOS ANGELES,CA90089 		NONE 501(C)3 GENERAL 25,000
YMCA METRO LA


2900 WHITTIER BLVD
LOS ANGELES,CA90023 		NONE 501(C)3 GENERAL 30,000
YOUNG LIFE


PO BOX 520
COLORADO SPRINGS,CO80901 		NONE 501(C)3 GENERAL 500
WELLSPRING LIVING


1040 BOULEVARD SE
SUITE M
ATLANTA,GA30312 		NONE 501(C)3 GENERAL 5,000
ABILITYFIRST


789 NORTH FAIR OAKS AVE
PASADENA,CA91103 		NONE 501(C)3 GENERAL 2,000
DOLPHINS CHALLENGE CANCER


347 DON SHULA DRIVE
MIAMI GARDENS,FL33056 		NONE 501(C)3 GENERAL 1,000
BOY SCOUTS OF AMERICA


1325 W WALNUT LANE
IRVING,TX75015 		NONE 501(C)3 GENERAL 35,000
TEAM LUKE HOPE FOR MINDS


PO BOX 64323
LUBBOCK,TX79464 		NONE 501(C)3 GENERAL 125,000
SOLA I CAN FOUNDATION


PO BOX 1931
LOS ANGELES,CA90001 		NONE 501(C)3 GENERAL 2,500
CITIZENS COMMITTEE FOR NEW YORK CIT


461 W 126TH ST 5W
NEW YORK,NY10027 		NONE 501(C)3 GENERAL 12,500
AMERICAN HEART ASSOCIATION


7272 GREENVILLE AVE
DALLAS,TX75231 		NONE 501(C)3 GENERAL 5,000
URBAN LAND INSTITUTE


2001 L STREET NW
SUITE 200
WASHINGTON DC,DC20036 		NONE 501(C)3 GENERAL 500
CITY OF HOPE LARE


1500 EAST DUARTE ROAD
DUARTE,CA91010 		NONE 501(C)3 GENERAL 25,000
SAN MARINO COMMUNITY CHURCH


1750 VIRGINIA RD 0412
SAN MARINO,CA91108 		NONE 501(C)3 GENERAL 20,000
HAWAII COMMUNITY FOUNDATION


827 FORT STREET MALL
HONOLULU,HI96813 		NONE 501(C)3 GENERAL 10,000
HARLEM LACROSSE


8 WEST 126TH STREET
3RD FLOOR
NEW YORK,NY10027 		NONE 501(C)3 GENERAL 5,000
MARCH TO THE TOP - AFRICA


20300 VENTURA BLVD
SUITE 160
WOODLAND HILLS,CA91364 		NONE 501(C)3 GENERAL 29,029
HIGHER GROUND


PO BOX 6791
KETCHUM,ID83340 		NONE 501(C)3 GENERAL 9,500
MELENOMA RESEARCH FOUNDATION


PO BOX 113
CLIFTON PARK,NY12065 		NONE 501(C)3 GENERAL 10,000
CHALLENGED ATHLETES FOUNDATION


9591 WAPLES ST
SAN DIEGO,CA92121 		NONE 501(C)3 GENERAL 1,000
VILLA ESPERANZA SERVICES


80 EAST HILLCREST DRIVE
SUITE 206
THOUSAND OAKS,CA91360 		NONE 501(C)3 GENERAL 33,333
KIPP CHICAGO


1440 S CHRISTIANA AVE
CHICAGO,IL60623 		NONE 501(C)3 GENERAL 10,000
DESERT SCHOLARSHIP FOUNDATION


44801 VILLAGE CT
SUITE 201
PALM DESERT,CA92260 		NONE 501(C)3 GENERAL 2,500
NATIONAL CAREGIVING FOUNATION


PO BOX 1176
DUNKIRK,MD20754 		NONE 501(C)3 GENERAL 12,500
FAMILY VIOLENCE LAW CENTER


470 27TH ST
OAKLAND,CA94612 		NONE 501(C)3 GENERAL 10,000
Total .................................right arrow 3a 797,142
bApproved for future payment
Total ................................. right arrow 3b  
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 7,997  
4 Dividends and interest from securities ....     14 165,735  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    26 269,292  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aINKIND CREDIT FUND LP - 		    14 16,216  
b222 WEST HOUSTON AVE     14 14,940  
c200 JIBBOOM STREET 1ST MORT     14 7,963  
d14260 MONO WAY - INC     14 19,886  
e
12 Subtotal. Add columns (b), (d), and (e) ..   502,029  
13Total. Add line 12, columns (b), (d), and (e)..................
13
502,029
(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
THE SILK FAMILY FOUNDATION
 
Employer identification number

20-3997071
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 SILK FAMILY FOUNDATION
  		Employer identification number
20-3997071
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
STEPHEN SILK
PO BOX 3479
 
KETCHUM, ID83340

$ 253,294


(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.)
(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 SILK FAMILY FOUNDATION
  		Employer identification number

20-3997071
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 SILK FAMILY FOUNDATION
  		Employer identification number

20-3997071
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 SILK FAMILY FOUNDATION
EIN:
20-3997071
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES 3,515 3,515    

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE SILK FAMILY FOUNDATION
EIN:
20-3997071
Name of Bond End of Year Book Value End of Year Fair Market Value
ASSETS HELD IN WF INVESTMENTS 7400 1,551,918 1,501,316

TY 2023 InvestmentsCorpStockSchedule
Name:
THE SILK FAMILY FOUNDATION
EIN:
20-3997071
Name of Stock End of Year Book Value End of Year Fair Market Value
ASSETS HELD IN WELLS FARGO INV 7400 2,582,383 7,780,928

TY 2023 OtherAssetsSchedule
Name:
THE SILK FAMILY FOUNDATION
EIN:
20-3997071
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DIVIDEND RECEIVABLE 3,917 7,129  
E-COBALT FUND I, LP 71,121 59,209 60,000
14260 MONO WAY 250,000 250,000 250,000
IN KIND CREDIT FUNDS LP 273,308 305,432 305,000
222 WEST HOUSTON AVE FIRST MORT. INV 250,000    
200 JIBBOOM STREET FIRST MORTGAGE IN 100,000 100,000 100,000
PART. DIST RECEIVABLE 3,999 2,332  


TY 2023 OtherDecreasesSchedule
Name:
THE SILK FAMILY FOUNDATION
EIN:
20-3997071
Description Amount
BOOK/TAX DIFFERENCES 5,779


TY 2023 OtherExpensesSchedule
Name:
THE SILK FAMILY FOUNDATION
EIN:
20-3997071
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
AGENCY FEES 72,128 72,128    
PORTFOLIO DEDUCTIONS K-1 2,129 2,129    


TY 2023 OtherIncomeSchedule2
Name:
THE SILK FAMILY FOUNDATION
EIN:
20-3997071
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INKIND CREDIT FUND LP - 16,216 16,216  
222 WEST HOUSTON AVE 14,940 14,940  
200 JIBBOOM STREET 1ST MORT 7,963 7,963  
14260 MONO WAY - INC 19,886 19,886  


TY 2023 OtherIncreasesSchedule
Name:
THE SILK FAMILY FOUNDATION
EIN:
20-3997071
Description Amount
NON-DIVIDEND DISTRIBUTIONS 3,718


TY 2023 OtherLiabilitiesSchedule
Name:
THE SILK FAMILY FOUNDATION
EIN:
20-3997071
Description Beginning of Year - Book Value End of Year - Book Value
DUE TO TRUSTEE 253,294  


TY 2023 TaxesSchedule
Name:
THE SILK FAMILY FOUNDATION
EIN:
20-3997071
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 2,503 2,503    
STATE FILIING FEES 75 75