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 Kendeda Fund
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

20-6881642
B Telephone number (see instructions)

(800) 839-1754
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$0J 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) 8,532,921
2 Check right arrow.............
3 Interest on savings and temporary cash investments 102,326 102,326  
4 Dividends and interest from securities... 605,521 605,521  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,852,786
b Gross sales price for all assets on line 6a 58,921,243
7 Capital gain net income (from Part IV, line 2)... 12,334,745
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
275 275  
12 Total. Add lines 1 through 11........ 13,093,829 13,042,867  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 54,419     54,419
14 Other employee salaries and wages...... 1,411,921     1,411,921
15 Pension plans, employee benefits....... 228,681     228,681
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
161 0 0 161
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,497,579 99,419   1,398,160
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
182,400      
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
392    
20 Occupancy.............. 90,539     88,054
21 Travel, conferences, and meetings....... 119,595     119,595
22 Printing and publications.......... 5,562     5,562
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
183,640 85   183,555
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,774,889 99,504 0 3,490,108
25 Contributions, gifts, grants paid....... 60,256,587 60,256,587
26 Total expenses and disbursements. Add lines 24 and 25 64,031,476 99,504 0 63,746,695
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -50,937,647
b Net investment income (if negative, enter -0-) 12,943,363
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......... 3,962,998    
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) 18,347,631    
b Investments—corporate stock (attach schedule)....... 8,077,849    
c Investments—corporate bonds (attach schedule)....... 13,124,508    
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).......... 7,174,148    
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow   392    
15 Other assets (describe right arrow) 4,138    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 50,691,664 0 0
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
6,249 		 
23 Total liabilities (add lines 17 through 22)......... 6,249 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 50,685,415  
29 Total net assets or fund balances (see instructions)..... 50,685,415 0
30 Total liabilities and net assets/fund balances (see instructions). 50,691,664 0
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
50,685,415
2
Enter amount from Part I, line 27a .....................
2
-50,937,647
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
254,473
4
Add lines 1, 2, and 3 ..........................
4
2,241
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,241
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
 
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b ALLSTEEL WORKSTATIONS P 2015-06-19 2023-12-31
c ATLAS POINT GLOBAL MULTI STRAT OFFSHORE FUND, LTD P 2021-01-27 2023-06-12
d BOOTHBAY ABSOLUTE RETURN STRATEGIES OFFSHORE, LTD P 2019-01-28 2023-05-01
e COFFEE TABLE P 2015-06-19 2023-12-31
CONFERENCE CHAIRS P 2015-06-19 2023-12-31
ETTA CONFERENCE TABLE P 2015-06-19 2023-12-31
KENNEDY SOFA P 2015-06-19 2023-12-31
LOSS ON LEASE SEC DEPOSIT P 2015-05-08 2023-10-23
LOGO GRAPHIC P 2015-06-19 2023-12-31
MG CARY CHAIRS P 2015-06-19 2023-12-31
RANDAL CABINET P 2016-09-28 2023-12-31
TASK CHAIRS P 2015-06-19 2023-12-31
DISTRIBUTIONS IN EXCESS OF BASIS      
(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 49,652,200   39,587,186 10,065,014
b     0 0
c 1,665,213   2,000,000 -334,787
d 7,603,830   5,000,000 2,603,830
e     0 0
    0 0
    0 0
    0 0
    0 -552
    0 0
    0 0
    0 0
    0 0
      1,240
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       10,065,014
b       0
c       -334,787
d       2,603,830
e       0
      0
      0
      0
      0
      0
      0
      0
      0
       
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 12,334,745
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) 1 179,913
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........................... 3 179,913
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- ..... 5 179,913
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 67,653
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 116,600
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 184,253
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 4,340
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow0 Refundedright arrow 11 4,340
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? Click to see attachment
List of Attached Documents:
// Content
....................
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 changesClick to see attachment
List of Attached Documents:
// Content
....
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
Yes
 
If "Yes," attach the statement required by General Instruction T.Click to see list of attachments
List of Attached Documents:
// Content
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 arrowGA
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 arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
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
Duncan Edwards -CIBC Pvt Wealth mgt Trustee
1.0 		54,419 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
DENA KIMBALL Executive Director
30.0 		410,225 51,674 0
C/O KENDEDA FUND
ATLANTA,GA303075518
DIANE IVES Fund Adviser
40.0 		364,992 36,890 0
C/O KENDEDA FUND
ATLANTA,GA303075518
TIM STEVENS Fund Adviser
40.0 		301,438 52,404 0
C/O KENDEDA FUND
ATLANTA,GA303075518
CHRISTINE M HUNT DIR OF OPER& PROJECT
25.0 		174,607 7,764 0
C/O KENDEDA FUND
ATLANTA,GA303075518
Dennis Creech Fund Adviser
40.0 		160,659 6,615 0
C/O KENDEDA FUND
ATLANTA,GA303075518
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
Brotherton Strategies Inc Philanthropic 240,810
1209 Monte Sano Avenue 13
Augusta,GA30904
Firebelly Design Corporation website dev &support 171,350
4000 W Montrose Ave 917
Chicago,IL60641
Timeplots LLC Data Visualization 175,130
5440 Nevada Ave NW
Washington,DC20015
Hattaway Communications communication conslt 166,669
1717 Rhode Island Avenue NW Suite
Washington,DC20036
navigate llc Philanthropic 144,825
po box 1508
WILSON,WY83014
Total number of others receiving over $50,000 for professional services.............right arrow500
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 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
15,045,990
b
Average of monthly cash balances.......................
1b
4,375,053
c
Fair market value of all other assets (see instructions)................
1c
3,859,659
d
Total (add lines 1a, b, and c).........................
1d
23,280,702
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
0
3
Subtract line 2 from line 1d.........................
3
23,280,702
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
349,211
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
22,931,491
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,146,575
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
1,146,575
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
179,913
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
179,913
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
966,662
4
Recoveries of amounts treated as qualifying distributions................
4
1,102
5
Add lines 3 and 4............................
5
967,764
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
967,764
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
63,746,695
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
63,746,695
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 7 967,764
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:2021, 2020, 2019  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019...... 7,125,592
c From 2020...... 56,261,706
d From 2021...... 63,150,770
e From 2022...... 63,473,126
f Total of lines 3a through e ........ 190,011,194
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 63,746,695
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..... 967,764
e Remaining amount distributed out of corpus 62,778,931
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 5 252,790,125
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) ....... 		8,532,921
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		244,257,204
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 54,854,377
c Excess from 2021.... 63,150,770
d Excess from 2022.... 63,473,126
e Excess from 2023.... 62,778,931
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).)
NONE
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 SANCTUARY FOR MILITARY FAMILIES INC

PO BOX 1563
GRANBY,CO80446 		N/A PC family therapeutic retreats fund and general organizational support fund 125,000

A SANCTUARY FOR MILITARY FAMILIES INC

PO BOX 1563
GRANBY,CO80446 		N/A PC Operating Reserve Fund 262,302

ABSAROKA BEARTOOTH WILDERNESS FOUNDATION

9 S BROADWAY AVE STE B
RED LODGE,MT59068 		N/A PC General & Unrestricted 20,000

ACLU FOUNDATION OF GEORGIA INC

1100 SPRING ST NW STE 640
ATLANTA,GA30309 		N/A PC General & Unrestricted 150,000

ALVIN AILEY DANCE FOUNDATION INC

405 W 55TH ST
NEW YORK,NY10019 		N/A PC General & Unrestricted 250,000

AMERICAN INDIAN YOUTH RUNNING STRONG

8301 RICHMOND HWY STE 200
ALEXANDRIA,VA22309 		N/A PC SCHH Productions, Inc and the Remaining Native documentary funds 20,000

AMERICAN JEWISH WORLD SERVICE INC

PO BOX 568
ETNA,NH03750 		N/A PC Promoting Girls' Rights fund in India, Kenya and the Dominican republic 4,900,000

AMERICAN JEWISH WORLD SERVICE INC

PO BOX 568
ETNA,NH03750 		N/A PC Participation fund of AJWS staff, as well as staff of FAT, CREA and Nirantar in Kendeda Dialogues 4,800

AMERICAN RIVERS INC

1100 14TH ST NW STE 1400
WASHINGTON,DC20005 		N/A PC the Northern Rockies Office 20,000

ANTI-DEFAMATION LEAGUE

605 3RD AVE
NEW YORK,NY10158 		N/A PC Charitable Event 50,000

ARLEE COMMUNITY DEVELOPMENT CORPORATION

PO BOX 452
ARLEE,MT59821 		N/A PC General & Unrestricted 15,000

ATLANTA JEWISH FILM SOCIETY INC

PO BOX 746371
ATLANTA,GA30374 		N/A PC General & Unrestricted 1,100,000

ATLANTA LAND TR INC

245 N HIGHLAND AVE NE STE 230-724
ATLANTA,GA30307 		N/A PC Operating Reserve Fund 31,250

ATLANTA LAND TR INC

245 N HIGHLAND AVE NE STE 230-724
ATLANTA,GA30307 		N/A PC General & Unrestricted 500,000

ATLANTA VOLUNTEER LAWYERS FOUNDATION INC

235 PEACHTREE ST NE STE 1750
ATLANTA,GA30303 		N/A PC General & Unrestricted 166,667

ATLANTA WEALTH BUILDING INITIATIVE INC

504 FAIR ST SW
ATLANTA,GA30313 		N/A PC General & Unrestricted 250,000

ATOOT INC

2738 ELM ST
DAVENPORT,IA52803 		N/A PC General & Unrestricted 1,200

BACKCOUNTRY HUNTERS AND ANGLERS

725 W ALDER ST
MISSOULA,MT59802 		N/A PC the Montana Coordinator position fund 30,000

BACKCOUNTRY HUNTERS AND ANGLERS

725 W ALDER ST
MISSOULA,MT59802 		N/A PC Armed Forces Initiative 60,000

BACKCOUNTRY HUNTERS AND ANGLERS

725 W ALDER ST
MISSOULA,MT59802 		N/A PC Operating Reserve Fund 152,025

BEAVERHEAD TRAILS COALITION INC

PO BOX 586
DILLON,MT59725 		N/A PC For the purchase of fencing materials to complete a fence through a 1/2 mile private land easement 10,000

BLACKFEET COMMUNITY COLLEGE

PO BOX 819
BROWNING,MT59417 		N/A PC the work of the Native Science Field center 50,000

BLACKFOOT CHALLENGE INC

PO BOX 103
OVANDO,MT59854 		N/A PC the Blackfoot Challenge's Operating reserve fund 37,568

BLACKFOOT CHALLENGE INC

PO BOX 103
OVANDO,MT59854 		N/A PC General & Unrestricted 40,000

BOYS & GIRLS CLUBS OF GREATER AUGUSTA INC

624 CHAFEE AVE
AUGUSTA,GA30904 		N/A PC General & Unrestricted 25,000

BOZEMAN PUBLIC LIBRARY FOUNDATION INC

626 E MAIN ST
BOZEMAN,MT59715 		N/A PC library branch in bozeman the design and construction costs fund: energy efficient upgrades in the event a library branch is established in an existing building, or solar panels and installation in the event a new building is constructed 3,000,000

BOZEMAN PUBLIC LIBRARY FOUNDATION INC

626 E MAIN ST
BOZEMAN,MT59715 		N/A PC public opinion research fund on a new west side public facility including a new library branch 29,500

CAMP KUDZU INC

8601 DUNWOODY PL STE 508
ATLANTA,GA30350 		N/A PC General & Unrestricted 5,000

CAPITAL FOR GOOD

PO BOX 1334
PAOLI,PA19301 		N/A PC Girls' First Fund's participation in the legacy discussions for Kendeda's spend-out and Sabiny Transformative Initiative - Uganda 2,200

CAPITAL FOR GOOD USA

1536 LANCASTER AVE
PAOLI,PA19301 		N/A PC Girls First Fund 1,000,000

CENTER FOR AMERICAN PROGRESS

1333 H ST NW STE 100E
WASHINGTON,DC20005 		N/A PC Gun Violence Prevention fund 100,000

CENTER FOR CIVIC INNOVATION INC

931 MONROE DR NE STE A102 155
ATLANTA,GA30308 		N/A PC General & Unrestricted 300,000

CENTER FOR LAND REFORM INC

111 E COURT ST STE 2C1
FLINT,MI48502 		N/A PC Strengthening Land Banks and advancing a statewide housing trust fund and related statewide policies in Georgia 200,000

CHASTAIN PARK CONSERVANCY

4001 POWERS FERRY RD NW
ATLANTA,GA30342 		N/A PC fund to open up 60 acres of underutilized green space 25,000

CHILDRENS HEALTHCARE OF ATLANTA FOUNDATION

1575 NORTHEAST EXPY
ATLANTA,GA30329 		N/A PC General & Unrestricted 5,000

CHRIS 180 INC

1030 FAYETTEVILLE ROAD STE B
ATLANTA,GA30316 		N/A PC General & Unrestricted 25,000

CLARK FORK COALITION

PO BOX 7593
MISSOULA,MT59807 		N/A PC General & Unrestricted 25,000

COMMON GROUND PROJECT

527 TOM MINER CREEK RD
EMIGRANT,MT59027 		N/A PC General & Unrestricted 20,000

COMMONWISE EDUCATION INC

2431 MORRIS AVE
BRONX,NY10468 		N/A PC Operating Reserve Fund 15,900

COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE I

PO BOX 1870
MERRIFIELD,VA22116 		N/A PC participation fund by CARE staff (including CARE Bangladesh) in Kendeda-sponsored dialogues 1,200

COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE I

PO BOX 1870
MERRIFIELD,VA22116 		N/A PC Tipping Point - digging up the roots of child marriage 468,271

CORNELL UNIVERSITY

PO BOX 752
ITHACA,NY14851 		N/A PC Cornell Prison Education Program 15,000

CROSSROADS COMMUNITY FOOD NETWORK INC

6930 CARROLL AVE STE 426
TAKOMA PARK,MD20912 		N/A PC General & Unrestricted 5,000

CROWD CONSERVATION

819 WAGONWHEEL DR
FORT COLLINS,CO80526 		N/A PC the Emerging Leadership Initiative 7,800

DOC SOCIETY INC

20 JAY ST SUITE 1008
BROOKLYN,NY11201 		N/A PC Doc Society - The Climate Story Unit 250,000

EARTHJUSTICE

50 CALIFORNIA ST SUITE 500
SAN FRANCISCO,CA94111 		N/A PC Northern Rockies office 50,000

EARTHJUSTICE

50 CALIFORNIA ST SUITE 500
SAN FRANCISCO,CA94111 		N/A PC the Northern Rockies region and general support 2,000,000

EDISTO ISLAND OPEN LAND TRUST INC

547 HWY 174
EDISTO ISLAND,SC29438 		N/A PC General & Unrestricted 5,000

EMERALD CITIES COLLABORATIVE INC

1140 CONNECTICUT AVE NW STE 900
WASHINGTON,DC20036 		N/A PC General & Unrestricted 400,000

ENTERPRISE COMMUNITY PARTNERS INC

11000 BROKEN LAND PKWY STE 700
COLUMBIA,MD21044 		N/A PC Green Communities Initiative and ATL/Southeast programming 700,000

EVERY STUDENT EVERY COMMUNITY INC

112 KROG ST NE STE 19
ATLANTA,GA30307 		N/A SO I General & Unrestricted 1,000,000

FISHES & LOAVES FOOD PANTRY INC

PO BOX 865
CASHIERS,NC28717 		N/A PC General & Unrestricted 10,000

FIVE VALLEYS LAND TRUST INC

120 HICKORY ST STE B
MISSOULA,MT59801 		N/A PC the Sherry-Grant Creek Property purchase fund 190,000

FJC

520 8TH AVE 20TH FLOOR
NEW YORK,NY10018 		N/A PC Project Shema 50,000

FORWARD MT FOUNDATION

PO BOX 2817
MISSOULA,MT59806 		N/A PC In support of staff attending a Digital Organizer training 2,500

FORWARD MT FOUNDATION

PO BOX 2817
MISSOULA,MT59806 		N/A PC General & Unrestricted 40,000

FRESPACE FRIENDS OF EDISTO BEACH STATE PARK AND ED

PO BOX 523
EDISTO ISLAND,SC29438 		N/A PC General & Unrestricted 5,000

FUTURE WEST

321 E MAIN ST STE 322
BOZEMAN,MT59715 		N/A PC General & Unrestricted 60,000

GALLATIN VALLEY LAND TRUST

PO BOX 7021
BOZEMAN,MT59771 		N/A PC the Alaska Bench Ranch project 50,000

GALLATIN VALLEY LAND TRUST

PO BOX 7021
BOZEMAN,MT59771 		N/A PC General & Unrestricted 80,000

GEORGE WEST MENTAL HEALTH FOUNDATION INC

1961 N DRUID HILLS RD NE
BROOKHAVEN,GA30329 		N/A PC General & Unrestricted 5,000

GEORGIA ADVANCING COMMUNITIES TOGETHER INC

250 GEORGIA AVE SE
ATLANTA,GA30312 		N/A PC Georgia Statewide Housing Trust Fund: Research, Education & Policy (R.E.P.) 125,000

GEORGIA ALLIANCE EDUCATION FUND INC

PO BOX 170495
ATLANTA,GA30317 		N/A PC General & Unrestricted 75,000

GEORGIA BUDGET AND POLICY INSTITUTE INC

50 HURT PLAZA SE STE 720
ATLANTA,GA30303 		N/A PC General & Unrestricted 300,000

GEORGIA INTERFAITH POWER AND LIGHT

PO BOX 286
DECATUR,GA30031 		N/A PC General & Unrestricted 2,300,000

GEORGIA JUSTICE PROJECT INC

438 EDGEWOOD AVE SE
ATLANTA,GA30312 		N/A PC General & Unrestricted 900,000

GEORGIA RESILIENCE AND OPPORTUNITY FUND INC

777 MEMORIAL DR SE UNIT 753
ATLANTA,GA30316 		N/A PC the In Her Hands initiative 1,000,000

GIRLS GARAGE

2080 2ND ST
BERKELEY,CA94710 		N/A PC General & Unrestricted 175,000

GIRLS NOT BRIDES THE GLOBAL PARTNERSHIP TO END CH

50 BROOK GREEN BLDG 5 FIRST FL
LONDON   W6 7BJ
UK 		N/A PC General & Unrestricted 500,000

GLACIER-TWO MEDICINE ALLIANCE INC

PO BOX 181
E GLACIER PK,MT59434 		N/A PC General & Unrestricted 20,000

GLOBAL FUND FOR CHILDREN

1411 K ST NW SUITE 1200
WASHINGTON,DC20005 		N/A PC Participation by GFC staff as well as staff of Asociacion SERnina in Kendeda Dialogues 2,200

GLOBAL FUND FOR CHILDREN

1411 K ST NW SUITE 1200
WASHINGTON,DC20005 		N/A PC Healing Together: Promoting Healthy Masculinities to Advance Gender Justice and Support Youth Leadership at the Community Level 270,290

GLOBAL FUND FOR WOMEN INC

800 MARKET ST 7TH FL
SAN FRANCISCO,CA94102 		N/A PC Intergenerational Leadership Curriculum Design 500,000

GLOBAL GREENGRANTS FUND INC

2840 WILDERNESS PL STE A
BOULDER,CO80301 		N/A PC General & Unrestricted 333,333

GLOBAL GREENGRANTS FUND INC

2840 WILDERNESS PL STE A
BOULDER,CO80301 		N/A PC Funder Learning & Action Community for Women & Environment 70,000

GLOBAL IMPACT

1199 NORTH FAIRFAX ST STE 300
ALEXANDRIA,VA22314 		N/A PC The Fund for a Safer Future 100,000

GRASSROOTS GLOBAL JUSTICE

7000 CARROLL AVE STE 200
TAKOMA PARK,MD20912 		N/A PC General & Unrestricted 391,065

GREAT PLAINS VETERANS SERVICES CENTER

46 VETERANS PARK RD
BOX ELDER,MT59521 		N/A PC General & Unrestricted 30,000

GREATER YELLOWSTONE COALITION INC

215 S WALLACE AVE
BOZEMAN,MT59715 		N/A PC General & Unrestricted 50,000

GREEN BUILT ALLIANCE

PO BOX 2594
ASHEVILLE,NC28802 		N/A PC for participation in Kendeda's sustainability cohort 5,000

GREENING YOUTH FOUNDATION INC

779 ATWOOD ST SW
ATLANTA,GA30310 		N/A PC general operating support over the next two years and for site planning and green building design 150,000

GREENSPACES

63 E MAIN ST
CHATTANOOGA,TN37408 		N/A PC Operating Reserve Fund 50,000

GREENSPACES

63 E MAIN ST
CHATTANOOGA,TN37408 		N/A PC for participation in Kendeda Fund's sustainability cohort 5,000

GRIST MAGAZINE INC

1501 E MADISON ST SUITE 650
SEATTLE,WA98122 		N/A PC Environmental Justice and Regional Expansion Initiatives 250,000

GUNSDOWN INC

611 PENNSYLVANIA AVE SE NUM 143
WASHINGTON,DC20003 		N/A PC General & Unrestricted 50,000

HEADWATERS COMMUNITY HOUSING TRUST

PO BOX 12013
BOZEMAN,MT59719 		N/A PC general organizational support 2023-2025 500,000

HEADWATERS ECONOMICS INC

PO BOX 7059
BOZEMAN,MT59771 		N/A PC General & Unrestricted 100,000

HEALTH RESOURCES IN ACTION INC

2 BOYLSTON ST STE 4
BOSTON,MA02116 		N/A PC The HAVI - Community-based Violence Intervention/National Technical Assistance and Training Initiative 50,000

HEART OF THE ROCKIES FOUNDATION

120 HICKORY ST B
MISSOULA,MT59801 		N/A SO I the Keep it Connected projects: Sagebrush Steppe Land Trust's Mink Creek Project; the Inland Northwest Land Conservancy's Spokane River Project; the Conservation Fund for the Krause Ranch project and the Wood River Land Trust for the Slaughterhouse Creek Project 523,850

HEART OF THE ROCKIES FOUNDATION

120 HICKORY ST B
MISSOULA,MT59801 		N/A SO I Keep it Connected projects: - Bitterroot Land Trust- Spooner Creek project; Five Valleys Land Trust- Flint Creek project; Flathead Land Trust- Stillwater-Flathead Confluence project; MT Land Reliance- Absarokee/Beartooth Front project; WY Stockgrowers Land Trust- Big Piney Creek project; Teton Regional Land Trust- Darby Canyon Project 1,537,000

HEART OF THE ROCKIES INITIATIVE

120 HICKORY ST STE B
MISSOULA,MT59801 		N/A PC High Divide Collaborative; Rural Development program and the Keep it Connected initiative 50,000

HEART OF THE ROCKIES INITIATIVE

120 HICKORY ST STE B
MISSOULA,MT59801 		N/A PC Operating Reserve Fund 25,000

HEART OF THE VALLEY HUMANE SOCIETY INC

PO BOX 11390
BOZEMAN,MT59719 		N/A PC the Pet Health and Wellness Program 15,000

HIGH COUNTRY NEWS

PO BOX 1090
PAONIA,CO81428 		N/A PC General support for 2021; to the Indigenous Affairs Endowment fund in '22 and to the Internship Endowment fund in '23 20,000

HIGHER GROUND SUN VALLEY INC

PO BOX 6791
KETCHUM,ID83340 		N/A PC the Higher Ground Military Program 75,000

HIGHLANDER RESEARCH & EDUCATION CENTER INC

1959 HIGHLANDER WAY
NEW MARKET,TN37820 		N/A PC Grantmakers for Southern Progress for General Operating Support with a focus on the establishment of the Georgia criminal justice/restorative funder table work in GA 200,000

HISTORIC TAKOMA INC

7328 CARROLL AVE
TAKOMA PARK,MD20912 		N/A PC Takoma Radio / WOW-D 5,000

HOPA MOUNTAIN INC

PO BOX 10892
BOZEMAN,MT59719 		N/A PC Strengthening the Circle and Indigenous Scholars of Promise 170,000

HOPA MOUNTAIN INC

PO BOX 10892
BOZEMAN,MT59719 		N/A PC Charitable Event 10,000

HOPA MOUNTAIN INC

PO BOX 10892
BOZEMAN,MT59719 		N/A PC the Salish-Kootenai and Blackfeet Reservations fund 1,010,000

INDUSTRIAL COMMONS

617 CARBON CITY RD
MORGANTON,NC28655 		N/A PC Building, growing and sustaining The Industrial Commons ecosystem fund 395,000

INDUSTRIAL COMMONS

617 CARBON CITY RD
MORGANTON,NC28655 		N/A PC Innovation Campus 8,000,000

INTERNATIONAL PLANNED PARENTHOOD FEDERATION

125 MAIDEN LANE 9TH FL
NEW YORK,NY10038 		N/A PC General & Unrestricted 350,000

JEWISH FUNDERS NETWORK

150 W 30TH ST RM 900
NEW YORK,NY10001 		N/A PC the Emergency Fund of the Social Venture Fund for Jewish-Arab Equality and Shared Society in Israel 250,000

JEWISH HOME LIFE COMMUNITIES INC

3150 HOWELL MILL RD NW
ATLANTA,GA30327 		N/A PC General & Unrestricted 20,000

JOHNS HOPKINS UNIVERSITY

750 E PRATT ST 14TH FL
BALTIMORE,MD21202 		N/A PC General & Unrestricted 50,000

KENT STATE UNIVERSITY FOUNDATION

PO BOX 5190
KENT,OH44242 		N/A PC Ohio Employee Ownership Center 20,000

LAUGHING HORSE ARTS FOUNDATION

PO BOX 460
ELLENSBURG,WA98926 		N/A PC Ellensburg Community Radio 25,000

LIBBY K-12 SCHOOLS

724 LOUISIANA AVE
LIBBY,MT59923 		N/A GOV the Kootenai Outdoor Program 10,000

LIFECYCLE BUILDING CENTER INC

PO BOX 570244
ATLANTA,GA30357 		N/A PC Fundraising Capacity and Operating Reserve fund 28,500

LIFECYCLE BUILDING CENTER INC

PO BOX 570244
ATLANTA,GA30357 		N/A PC for participation in Kendeda Fund's sustainability cohort 5,000

LIVINGSTON FOOD PANTRY OF PARK COUNTY

202 S 2ND ST
LIVINGSTON,MT59047 		N/A PC General & Unrestricted 50,000

MERCY SHIPS

PO BOX 1930
LINDALE,TX75771 		N/A PC General & Unrestricted 1,000,000

MICA GROUP INC

120 E BALTIMORE ST STE 2500
BALTIMORE,MD21202 		N/A PC the Iinnii Initiative: Advancing Equitable & Enduring Biocultural Conservation Impact through Buffalo Rematriation 60,000

MONTANA CONSERVATION CORPS INC

301 N WILLSON AVE
BOZEMAN,MT59715 		N/A PC Justice, Equity, Diversity and inclusion program 100,000

MONTANA CONSERVATION VOTERS EDUCATION FUND

PO BOX 1814
HELENA,MT59624 		N/A PC General & Unrestricted 50,000

MONTANA CONSERVATION VOTERS EDUCATION FUND

PO BOX 1814
HELENA,MT59624 		N/A PC charitable event 2,500

MONTANA ENVIRONMENTAL INFORMATION CENTER INC

PO BOX 1184
HELENA,MT59624 		N/A PC for taking action to address climate change; preventing destructive hardrock mining; and community organizing and coalition-building across Montana 25,000

MONTANA FOOD BANK NETWORK INC

5625 EXPY
MISSOULA,MT59808 		N/A PC capital campaign for a new warehouse facility 500,000

MONTANA NATURAL HISTORY CENTER INC

120 HICKORY ST SUITE A
MISSOULA,MT59801 		N/A PC the Visiting Naturalist in the Schools 40,000

MONTANA OUTDOOR SCIENCE SCHOOL

PO BOX 502
BOZEMAN,MT59771 		N/A PC General & Unrestricted 50,000

MONTANA WATERSHED COORDINATION COUNCIL INC

332 FULLER AVE
HELENA,MT59601 		N/A PC the Watershed Coordinator position fund and the watershed fund 30,000

MONTANA WILDERNESS ASSOCIATION INC

80 S WARREN ST
HELENA,MT59601 		N/A PC General & Unrestricted 60,000

MONTANA WILDERNESS SCHOOL

17640 ROCKY MOUNTAIN RD
BELGRADE,MT59714 		N/A PC General & Unrestricted 20,000

MONTANA WILDLIFE FEDERATION

PO BOX 1175
HELENA,MT59624 		N/A PC the Montana Citizens Elk Coalition 100,000

MONTANA WILDLIFE FEDERATION

PO BOX 1175
HELENA,MT59624 		N/A PC the Western Montana coordinator position fund and digital outreach fund 40,000

MONTANA WILDLIFE FEDERATION

PO BOX 1175
HELENA,MT59624 		N/A PC Operating Reserve Fund 35,000

MULTIPLIER

548 MARKET ST PMB 81178
SAN FRANCISCO,CA94104 		N/A PC Project Equity's Employee Ownership Equals Communications campaign 20,000

MUSEUM OF DESIGN ATLANTA INC

1315 PEACHTREE ST NE
ATLANTA,GA30309 		N/A PC Programmatic support fund for Full Circle Design (on-demand exhibition) 112,500

NACDC FINANCIAL SERVICES INC

PO BOX 3029
BROWNING,MT59417 		N/A PC General & Unrestricted 25,000

NATIONAL NATIVE AMERICAN BOARDING SCHOOL HEALING C

2525 E FRANKLIN AVE STE 120
MINNEAPOLIS,MN55406 		N/A PC implementation fund of the 10-year strategic plan 4,500,000

NATIONAL PARKS CONSERVATION ASSOCIATION

777 6TH ST NW STE 700
WASHINGTON,DC20001 		N/A PC the Glacier Field Office 110,000

NATIONAL PARKS CONSERVATION ASSOCIATION

777 6TH ST NW STE 700
WASHINGTON,DC20001 		N/A PC Veterans Program 75,000

NATIONAL PARKS CONSERVATION ASSOCIATION

777 6TH ST NW STE 700
WASHINGTON,DC20001 		N/A PC Salute to the Parks 25,000

NATIONAL WILDLIFE FEDERATION

240 N HIGGINS AVE STE 2
MISSOULA,MT59802 		N/A PC the Northern Rockies' region Wildlife Conflict Resolution Program 25,000

NEXUS COMMUNITY PARTNERS

2314 UNIVERSITY AVE W STE 18
SAINT PAUL,MN55114 		N/A PC General & Unrestricted 600,000

NITSINIIKOOKIT

2093 GLASSER PL
BILLINGS,MT59102 		N/A PC 2023 Indigenous Film Festival 2,500

NORTHERN CHEYENNE FOOD PANTRY

PO BOX 159
LAME DEER,MT59043 		N/A PC To support materials purchase and staffing capacity 9,200

NORTHERN PLAINS RESOURCE COUNCIL

220 S 27TH ST STE A
BILLINGS,MT59101 		N/A PC the Yellowstone Bend Citizens Council Sherwood Apartments Solarization Project 10,000

NORTHERN PLAINS RESOURCE COUNCIL

220 S 27TH ST STE A
BILLINGS,MT59101 		N/A PC General & Unrestricted 100,000

OKRA SOUP FOUNDATION

4464 CAMBRIDGE DR
ORANGEBURG,SC29118 		N/A PC General & Unrestricted 10,000

OREGON ALLIANCE TO PREVENT GUN VIOLENCE ACTION FOU

4931 SW 76TH AVE STE 154
PORTLAND,OR97225 		N/A PC General & Unrestricted 70,000

OREGON STATE UNIVERSITY FOUNDATION

4238 SW RESEARCH WAY
CORVALLIS,OR97333 		N/A PC General & Unrestricted 35,000

OUTWARD BOUND INC

4845 PEARL E CIR STE 118
BOULDER,CO80301 		N/A PC the Outward Bound Veterans Program 50,000

PARK COUNTY COMMUNITY FOUNDATION

104 S MAIN ST
LIVINGSTON,MT59047 		N/A PC Pedestrian Crosswalks in Livingston 40,000

PARK COUNTY COMMUNITY FOUNDATION

104 S MAIN ST
LIVINGSTON,MT59047 		N/A PC General Operational Support 25,000

PARK COUNTY COMMUNITY FOUNDATION

104 S MAIN ST
LIVINGSTON,MT59047 		N/A PC the Coordinator position fund for the Park county housing coalition 5,000

PARK COUNTY ENVIRONMENTAL COUNCIL

PO BOX 164
LIVINGSTON,MT59047 		N/A PC General & Unrestricted 50,000

PARK PRIDE INC

PO BOX 4936
ATLANTA,GA30302 		N/A PC General & Unrestricted 15,000

PARTNERSHIP FOR SOUTHERN EQUITY

55 IVAN ALLEN JR BLVD NW STE 530
ATLANTA,GA30308 		N/A PC General & Unrestricted 300,000

PEACHTREE ROAD METHODIST CHURCH

3180 PEACHTREE RD NW
ATLANTA,GA30305 		N/A PC Global Missions 5,000

PEOPLE UNITED FOR SUSTAINABLE HOUSING INCORPORATED

429 PLYMOUTH AVE STE 1
BUFFALO,NY14213 		N/A PC General & Unrestricted 300,000

PHILANTHROPY SOUTHEAST INC

100 PEACHTREE ST NW 2080
ATLANTA,GA30303 		N/A PC SECF annual fund and gga general operating support 35,000

PIEGAN INSTITUTE

223 4TH AVE SW
BROWNING,MT59417 		N/A PC General & Unrestricted 80,000

POLICYLINK

1438 WEBSTER ST STE 303
OAKLAND,CA94612 		N/A PC General & Unrestricted 291,065

POSITIVE FUTURES NETWORK

PO BOX 1219
POULSBO,WA98370 		N/A PC for a series of articles on Redefining Prosperity and general support 50,000

PROGEORGIA STATE TABLE INC

151 ELLIS ST NE
ATLANTA,GA30303 		N/A PC ProGeorgia general operating support for non partisan civic engagement 175,000

PROTECT THE CLEARWATER

309 SHORT ST
MISSOULA,MT59804 		N/A PC General & Unrestricted 10,000

PUBLIC BROADCASTING ATLANTA

740 BISMARK RD NE
ATLANTA,GA30324 		N/A PC General & Unrestricted 25,000

RANDOM ACTS OF SILLINESS

PO BOX 6790
BOZEMAN,MT59771 		N/A PC General & Unrestricted 50,000

ROSWELL COMMUNITY MASJID INC

345 MARKET PL
ROSWELL,GA30075 		N/A PC to hire a regenerative design consultant 20,000

SIERRA CLUB FOUNDATION

2101 WEBSTER ST STE 1250
OAKLAND,CA94612 		N/A PC the Sierra Club Military Outdoors' Military Outdoors Coalition 80,000

SOUL RIVER INC

1926 N KILPATRICK ST
PORTLAND,OR97217 		N/A PC General & Unrestricted 15,000

SOUTHFACE ENERGY INSTITUTE INC

241 PINE ST NE
ATLANTA,GA30308 		N/A PC GoodUse 2,000,000

SOUTHFACE ENERGY INSTITUTE INC

241 PINE ST NE
ATLANTA,GA30308 		N/A PC for participation in Kendeda's sustainability cohort 5,000

SOUTHFACE ENERGY INSTITUTE INC

241 PINE ST NE
ATLANTA,GA30308 		N/A PC Southeast Sustainability Leaders Collaborative 331,000

ST JUDE CHILDRENS RESEARCH HOSPITAL INC

501 ST JUDE PL
MEMPHIS,TN38105 		N/A PC General & Unrestricted 1,000,000

SUNDANCE INSTITUTE

PO BOX 684429
PARK CITY,UT84068 		N/A PC Gun Violence Prevention and Environment program 350,000

SUSTAINABILITY INSTITUTE INC

1850 TRUXTUN AVE
NORTH CHARLESTON,SC29405 		N/A PC for participation in Kendeda's sustainability cohort 5,000

SUSTAINABILITY INSTITUTE INC

1850 TRUXTUN AVE
NORTH CHARLESTON,SC29405 		N/A PC Operating Reserve Fund 41,050

TEAM RUBICON

5230 PACIFIC CONCOURSE DR STE 200
LOS ANGELES,CA90045 		N/A PC the Ready Reserve Program 50,000

TEAM RUBICON

5230 PACIFIC CONCOURSE DR STE 200
LOS ANGELES,CA90045 		N/A PC the Trades Academy 200,000

THE ATLANTA-FULTON PUBLIC LIBRARY FOUNDATION INC

1 MARGARET MITCHELL SQ NW
ATLANTA,GA30303 		N/A PC One Book, One Read Program 25,000

THE BIOMIMICRY INSTITUTE

PO BOX 9216
MISSOULA,MT59807 		N/A PC General & Unrestricted 331,069

THE CHARITABLE FOUNDATION OF THE ROTARY CLUB OF AT

40 COURTLAND ST NE
ATLANTA,GA30303 		N/A PC Youth Service Fund 10

THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC

191 PEACHTREE ST NE STE 1000
ATLANTA,GA30303 		N/A PC General & Unrestricted (see general explanation) 947,516

THE FUNDERS NETWORK INC

2000 PONCE DE LEON BLVD STE 600
CORAL GABLES,FL33134 		N/A PC Partners for Places 800,000

THE FUNDERS NETWORK INC

2000 PONCE DE LEON BLVD STE 600
CORAL GABLES,FL33134 		N/A PC General & Unrestricted 50,000

THE MISSION CONTINUES

1141 S 7TH ST
SAINT LOUIS,MO63104 		N/A PC the MC Service Platoon Program 50,000

THE NATIONAL MILITARY FAMILY ASSOCIATION

2800 EISENHOWER AVE SUITE 250
ALEXANDRIA,VA22314 		N/A PC Operation Purple Family Retreats 50,000

THE PHILANTHROPY WORKSHOP INC

110 E 25TH ST
NEW YORK,NY10010 		N/A PC General & Unrestricted 12,000

THE SHANE LALANI CENTER FOR THE ARTS

PO BOX 58
LIVINGSTON,MT59047 		N/A PC the Act II capital campaign 50,000

THE SHANE LALANI CENTER FOR THE ARTS

PO BOX 58
LIVINGSTON,MT59047 		N/A PC General & Unrestricted 10,000

THE SOUTH FORK CONSERVANCY INCORPORATED

1788 PONCE DE LEON AVE NE
ATLANTA,GA30307 		N/A PC Confluence to Emory Project 1,500,000

THRIVE INC

407 S FERGUSON AVE
BOZEMAN,MT59718 		N/A PC General & Unrestricted 10,000

THUNDER VALLEY COMMUNITY DEVELOPMENT CORPORATION

PO BOX 290
PORCUPINE,SD57772 		N/A PC General & Unrestricted 300,000

THUNDER VALLEY COMMUNITY DEVELOPMENT CORPORATION

PO BOX 290
PORCUPINE,SD57772 		N/A PC building and strengthening an operating reserve fund 388,256

TRACE MEDIA INC

PO BOX 24532
BROOKLYN,NY11202 		N/A PC Operating Reserve Fund 420,000

TRACE MEDIA INC

PO BOX 24532
BROOKLYN,NY11202 		N/A PC General & Unrestricted 150,000

TRUST FOR PUBLIC LAND

1007 E MAIN ST STE 300
BOZEMAN,MT59715 		N/A PC the Murphy Land purchase fund, part of the Yellowstone Heritage Trails Project- Capital 100,000

URBAN SUSTAINABILITY DIRECTORS NETWORK

500 WESTOVER DR 14973
SANFORD,NC27330 		N/A PC Southeast Sustainability Director's Network to participate in Kendeda's sustainability cohort 5,000

UTOPIAN ACADEMY FOR THE ARTS THE MILLER FOUNDATION

2750 FOREST PKWY
ELLENWOOD,GA30294 		N/A PC General & Unrestricted 100,000

VETERAN RITES INC

2602 SOUTH 38TH ST A134
TACOMA,WA98409 		N/A PC General & Unrestricted 25,000

VILLAGE MICRO FUND

1679 OLYMPIAN WAY SW
ATLANTA,GA30310 		N/A PC General & Unrestricted 250,000

VOW FOR GIRLS INC

1350 AVE OF THE AMERICAS FL 2-1109
NEW YORK,NY10019 		N/A PC General & Unrestricted 100,000

VOW FOR GIRLS INC

1350 AVE OF THE AMERICAS FL 2-1109
NEW YORK,NY10019 		N/A PC building a movement of educated individuals in the U.S. who understand the inequities women and girls face and support efforts to invest in girls' rights and ending child marriage 150,000

WARRIORS & QUIET WATERS FOUNDATION

351 EVERGREEN DR STE A
BOZEMAN,MT59715 		N/A PC Support for development of a new online fundraising platform, the Program Coordinator Position fund, a revised program evaluation tool and the Conservation Flyfishing Experience 53,500

WESTERN NATIVE VOICE

PO BOX 1018
BILLINGS,MT59103 		N/A PC General & Unrestricted 60,000

WESTERN ORGANIZATION OF RESOURCE COUNCILS EDUCATIO

220 S 27TH ST STE B
BILLINGS,MT59101 		N/A PC the Flathead Citizens Organizing Project, a program of A Better Big Sky 200,000

WESTERN ORGANIZATION OF RESOURCE COUNCILS EDUCATIO

220 S 27TH ST STE B
BILLINGS,MT59101 		N/A PC A Better Big Sky's Cascade Organizing project 50,000

WESTERN ORGANIZATION OF RESOURCE COUNCILS EDUCATIO

220 S 27TH ST STE B
BILLINGS,MT59101 		N/A PC Montana Voices Data Infrastructure fund including Data Analyst and VAN Administrator 30,000

WESTERN ORGANIZATION OF RESOURCE COUNCILS EDUCATIO

220 S 27TH ST STE B
BILLINGS,MT59101 		N/A PC Middle Fork Strategies, Brandon DeMars Executive Director fund 200,000

WESTERN SUSTAINABILITY EXCHANGE

PO BOX 1448
LIVINGSTON,MT59047 		N/A PC the Montana Grassland Carbon Program 20,000

WESTERN SUSTAINABILITY EXCHANGE

PO BOX 1448
LIVINGSTON,MT59047 		N/A PC operating reserve fund 60,000

WILDERNESS SOCIETY

503 WEST MENDENHALL ST
BOZEMAN,MT59715 		N/A PC the Northern Rockies Regional office 75,000

WORKING FILMS INC

624 S 7TH ST
WILMINGTON,NC28401 		N/A PC General & Unrestricted 500,000

YAAK VALLEY FOREST COUNCIL

11896 YAAK RIVER RD
TROY,MT59935 		N/A PC General & Unrestricted 125,000

YELLOWSTONE TO YUKON CONSERVATION INITIATIVE

PO BOX 157
BOZEMAN,MT59771 		N/A PC General & Unrestricted 50,000
Total .................................right arrow 3a 60,256,587
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 ........... 		    14 102,326  
4 Dividends and interest from securities ....     14 605,521  
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 ............ 		    18 3,852,786  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCLASS ACTION LAWSUIT PROCEEDS 		    01 275  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   4,560,908  
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,560,908
(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 Kendeda Fund
 
Employer identification number

20-6881642
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 Kendeda Fund
  		Employer identification number
20-6881642
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
diana blank
CIBC - 3290 NORTHSIDE PKWY 7TH FL
 
Atlanta, GA30327

$ 8,532,905


(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 Kendeda Fund
  		Employer identification number

20-6881642
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
 HOME DEPOT INC HD, 13500 sh. $ 3,952,935 2023-10-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 HOME DEPOT INC HD, 7000 sh. $ 2,020,095 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 HOME DEPOT INC HD, 6550 sh. $ 2,011,374 2023-11-17
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 HOME DEPOT INC HD, 1326 sh. $ 432,501 2023-12-08
(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 Kendeda Fund
  		Employer identification number

20-6881642
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


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TY 2023 DepreciationSchedule
Name:
The Kendeda Fund
EIN:
20-6881642
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
ALLSTEEL WORKSTATI 2015-07-31 16,198 16,198 SL 7        
ETTA CONFERENCE TA 2015-07-31 3,175 3,175 SL 7        
KENNEDY SOFA 2015-07-31 4,241 4,241 SL 7        
LOGO GRAPHIC 2015-07-31 594 594 SL 7        
MG CARY CHAIRS 2015-07-31 3,007 3,007 SL 7        
RANDAL CABINET 2016-09-28 3,648 3,256 SL 7 392      
TASK CHAIRS 2015-07-31 3,190 3,190 SL 7        
COFFEE TABLE 2015-07-31 583 583 SL 7        
CONFERENCE CHAIRS 2015-07-31 11,275 11,275 SL 7        

TY 2023 GeneralExplanationAttachment
Name:
The Kendeda Fund
EIN:
20-6881642
Identifier Return Reference Explanation
PART I LINE 25 AND PART XIV LINE 3A PART I LINE 25 AND PART XIV LINE 3A DISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING FMV OF SECURITIES: AVERAGE OF HIGH/LOW ON DATE GRANTED TO CHARITY METHOD OF DETERMINING BOOK VALUE OF SECURITIES: COST OR AVERAGE OF HIGH/LOW ON DATE CONTRIBUTED TO FOUNDATION TOTAL FAIR MARKET VALUE OF PROPERTY: $892,073 TOTAL BOOK VALUE OF PROPERTY: $637,600 total cash portion of grants: $55,443 TOTAL AMOUNT OF GRANTS: $947,516 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES/DECREASES: $254,473 DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: PURA VIDA OFFSHORE FUND ONE, LTD UNITS: 1 DATE OF DISTRIBUTION: 10/1/2023 GRANT RECIPIENT: THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC FMV OF PROPERTY: $69,459 BOOK VALUE OF PROPERTY: $174,148 cash portion of grant: $0 TOTAL AMOUNT OF GRANT: $69,459 DESCRIPTION OF PROPERTY: RA CAPITAL HEALTHCARE INTL FUND LTD UNITS: 1 DATE OF DISTRIBUTION: 12/29/2023 GRANT RECIPIENT: THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC FMV OF PROPERTY: $359,162 BOOK VALUE OF PROPERTY: $- cash portion of grant: 55,443 TOTAL AMOUNT OF GRANT: $414,605 Description of Property: ATLAS POINT GLOBAL MULTI STRAT OFFSHORE fund, LTD - HOLDBACK Units: 1 Date of Distribution: 10/1/2023 Grant Recipient: The Community Foundation for Greater Atlanta Inc FMV of Property: $83,261 Book Value of Property: $83,261 Cash portion of Grant: $0 Total Amount of Grant: $83,261 Description of Property: BOOTHBAY ABSOLUTE RETURN STRATEGIES OFFSHORE, LTD - HOLDBACK Units: 1 Date of Distribution: 10/1/2023 Grant Recipient: The Community Foundation for Greater Atlanta Inc FMV of Property: $380,191 Book Value of Property: $380,191 Cash portion of Grant: $0 Total Amount of Grant: $380,191
Form 990-PF, Part XII, Line 7 Form 990-PF, Part XII, Line 7 Election to Treat Unused Prior Year Corpus Distributions as Current Year Corpus Distributions Pursuant to Treasury Regulations Section 53.4942(a)-3(c)(2)(iv), The Kendeda Fund hereby elects to treat, as a current distribution out of corpus, the following unused prior years' distributions that were treated as corpus distributions under Treasury Regulations Section 53.4942(a)-3(d)(1)(iii) in such prior tax years: Tax Year: 2019 Amount: $7,125,592 Tax Year: 2020 Amount: $1,407,329 Total Amount: $8,532,921 By: WHIT MANSFIELD Title: TRUSTEE The Kendeda Fund (the "Foundation") hereby elects to satisfy the requirements of Internal Revenue Code ("Code") Section 170(b)(1)(F)(ii) in respect of contributions of cash and publicly traded securities with a total value of $8,532,921 on the dates received in the taxable year ending December 31, 2023 (the "Conduit Election Year"). To satisfy the requirements of Code Section 170(b)(1)(F)(ii), a private non-operating foundation must: (A) by the end of the Conduit Election Year, distribute any undistributed income from the year immediately preceding the Conduit Election Year; (B) distribute, in the absence of an election under Code Section 4942(h)(2), any undistributed income from the Conduit Election Year by the end of the Conduit Election Year; and (C) make qualifying distributions treated as distributions out of corpus by no later than the 15th day of the third month of the taxable year following the Conduit Election Year in an amount equal to 100 percent of the contributions received by such foundation in the Conduit Election Year. A. Satisfaction of Minimum Distribution Requirement for the Conduit Election Year. As reported on Part XII, Line 2, column (c), the undistributed income for the year immediately preceding the Conduit Election Year is $0. In other words, the Foundation had no undistributed income for 2022. B. Timely Satisfaction of Minimum Distribution Requirement for the Taxable Year following the Conduit Election Year. As reported on Part XII, Line 6f, column (d), the undistributed income for the Conduit Election Year is $0. In other words, the Foundation had no undistributed income for 2023. C. Sufficient Timely Qualified Distributions Made Out of Corpus. To satisfy the requirements of Internal Revenue Code Section 170(b)(1)(F)(ii), the Foundation had until March 15th, 2024, the 15th day of the third month of the taxable year following the Conduit Election Year, to make distributions out of corpus in an amount equal to 100 percent of the contributions received by it in the Conduit Election Year, $8,532,921. As reported on Part XII, Line 7, the Foundation is treating $8,532,921 as a current distribution out of corpus in full satisfaction of the requirements of Code Section 170(b)(1)(F)(ii) in respect of the Conduit Election Year. The Foundation has attached the necessary election, pursuant to Treasury Regulations Section 53.4942(a)-3(c)(2)(iv), to treat $8,532,921, of its unused prior years' corpus distributions, as a current distribution out of corpus.

TY 2023 LandEtcSchedule2
Name:
The Kendeda Fund
EIN:
20-6881642
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
ALLSTEEL WORKSTATI        
ETTA CONFERENCE TA        
KENNEDY SOFA        
LOGO GRAPHIC        
MG CARY CHAIRS        
RANDAL CABINET        
TASK CHAIRS        
COFFEE TABLE        
CONFERENCE CHAIRS        


TY 2023 LiquidationExplanationStmt
Name:
The Kendeda Fund
EIN:
20-6881642
Statement:
The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, The Kendeda Fund (the "Foundation") made distributions from assets from sources other than current income in complete liquidation. The Foundation executed the attached Termination of Trust effective December 31, 2023. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. A FINAL DISTRIBUTION OF THE FOUNDATION'S EXPECTED TAX REFUND OF $15,143 WILL BE MADE AS A GRANT TO A 501(C)(3) PUBLIC CHARITY PER IRS REGULATIONS.


TY 2023 LegalFeesSchedule
Name:
The Kendeda Fund
EIN:
20-6881642
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Document Review/Drafting 161     161


TY 2023 OtherDecreasesSchedule
Name:
The Kendeda Fund
EIN:
20-6881642
Description Amount
PRIOR PERIOD ADJUSTMENT 2,241


TY 2023 OtherExpensesSchedule
Name:
The Kendeda Fund
EIN:
20-6881642
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 142,125     142,125
Bank Charges 85 85    
Cell Phone Expense 2,427     2,427
Digital Subscriptions 704     704
ADVERTISING EXPENSE 12,780     12,780
Foundation Dues & Memberships 1,850     1,850
OFFICE SUPPLIES 6,347     6,347
Postage/Delivery Service 4,249     4,249
TRAINING & PROF DEVELOPMENT 6,635     6,635
Website Hosting/Support 6,438     6,438


TY 2023 OtherIncomeSchedule2
Name:
The Kendeda Fund
EIN:
20-6881642
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Class Action Lawsuit Proceeds 275 275  


TY 2023 OtherIncreasesSchedule
Name:
The Kendeda Fund
EIN:
20-6881642
Description Amount
GRANTS OF PFICS 254,473


TY 2023 OtherLiabilitiesSchedule
Name:
The Kendeda Fund
EIN:
20-6881642
Description Beginning of Year - Book Value End of Year - Book Value
PAYROLL WITHHELD 6,249  


TY 2023 OtherProfessionalFeesSchedule
Name:
The Kendeda Fund
EIN:
20-6881642
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 54,419 54,419    
DESIGN SERVICES 28,770     28,770
Philanthropic Consulting Srvcs 623,766     623,766
INTERVIEW PRODUCTION SERVICES 12,000     12,000
Website Development 178,610     178,610
EDITING SERVICES 4,510     4,510
TRANSLATION SERVICES 1,448     1,448
ADMINISTRATION OF FOUNDATION 1,768     1,768
IT SUPPORT 874     874
PROJECT MANAGEMENT 24,250     24,250
PODCAST PRODUCTION SERVICES 55,425     55,425
DATA VISUALIZATION SERVICES 175,130     175,130
BENEFITS SUPPORT SERVICES 25,650     25,650
COMMUNICATION CONSULTING SRVCS 199,959     199,959
ADVISORY SERVICES 90,000 45,000   45,000
VISUAL AND GRAPHIC SERVICES 21,000     21,000


TY 2023 TaxesSchedule
Name:
The Kendeda Fund
EIN:
20-6881642
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2023 60,100      
990-PF Extension for 2022 122,300