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
MARK TORRANCE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)712 NORTH 34TH STREET SUITE 200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA98103
A Employer identification number

91-1939909
B Telephone number (see instructions)

(206) 229-9043
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$15,131,572J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 290,898 290,898  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 226,294
b Gross sales price for all assets on line 6a 2,352,734
7 Capital gain net income (from Part IV, line 2)... 226,294
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 517,192 517,192  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 35,601 3,433   32,169
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
11,300 5,650   5,650
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
83,797 83,797   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
34,977 2,477   0
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
554 0   554
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 166,229 95,357   38,373
25 Contributions, gifts, grants paid....... 689,950 689,950
26 Total expenses and disbursements. Add lines 24 and 25 856,179 95,357   728,323
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -338,987
b Net investment income (if negative, enter -0-) 421,835
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............. 38,475 68,569 68,569
2 Savings and temporary cash investments......... 382,048 140,655 140,655
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) 113,000 Click to see attachment
List of Attached Documents:
// Content
100,000 		100,000
b Investments—corporate stock (attach schedule)....... 8,098,296 Click to see attachment
List of Attached Documents:
// Content
8,494,380 		12,702,798
c Investments—corporate bonds (attach schedule)....... 2,667,089 Click to see attachment
List of Attached Documents:
// Content
2,186,422 		2,019,550
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).......... 163,985 Click to see attachment
List of Attached Documents:
// Content
140,815 		100,000
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,462,893 11,130,841 15,131,572
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
6,935
23 Total liabilities (add lines 17 through 22)......... 0 6,935
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........ 11,462,893 11,123,906
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 11,462,893 11,123,906
30 Total liabilities and net assets/fund balances (see instructions). 11,462,893 11,130,841
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
11,462,893
2
Enter amount from Part I, line 27a .....................
2
-338,987
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
11,123,906
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
11,123,906
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 SCHWAB X2836 PUBLICLY TRADED SECURITIES      
b SCHWAB X2836 PUBLICLY TRADED SECURITIES      
c US TRUST X5150 PUBLICLY TRADED SECURITIES      
d US TRUST X5150 PUBLICLY TRADED SECURITIES      
e CAPITAL GAIN DISTRIBUTIONS      
(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 524,300   520,218 4,082
b 459,320   455,390 3,930
c 679,008   690,599 -11,591
d 689,866   460,233 229,633
e 240     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       4,082
b       3,930
c       -11,591
d       229,633
e       240
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 2 226,294
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 5,864
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 5,864
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,864
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 18,011
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,011
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 12,147
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow12,147 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowWA
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 arrowMARKTORRANCEFOUNDATION.ORG
14
The books are in care ofright arrowRICK BURKHARDT Telephone no.right arrow (206) 441-4745

Located atright arrow712 NORTH 34TH STREET SUITE 200SEATTLEWA ZIP+4right arrow98103
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
MARK TORRANCE PRESIDENT, DIRECTOR
0.50 		0 0 0
712 NORTH 34TH STREET SUITE 200
SEATTLE,WA98103
DANA BASS SOLOMON DIRECTOR
0.50 		0 0 0
712 NORTH 34TH STREET SUITE 200
SEATTLE,WA98103
CHRIS BIRKELAND DIRECTOR
0.50 		0 0 0
712 NORTH 34TH STREET SUITE 200
SEATTLE,WA98103
MICHAEL MATHIEU DIRECTOR
0.50 		0 0 0
712 NORTH 34TH STREET SUITE 200
SEATTLE,WA98103
PAUL OKNER DIRECTOR
0.50 		0 0 0
712 NORTH 34TH STREET SUITE 200
SEATTLE,WA98103
KARIN CIRILLO OFFICER, SECRETARY
5.00 		28,736 0 0
712 NORTH 34TH STREET SUITE 200
SEATTLE,WA98103
RICHARD BURKHARDT TREASURER
3.00 		6,865 0 0
712 NORTH 34TH STREET SUITE 200
SEATTLE,WA98103
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 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
BANK OF AMERICA INVESTMENT MANAGEMENT 51,664
PO BOX 830269
DALLAS,TX75283
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
14,336,812
b
Average of monthly cash balances.......................
1b
67,468
c
Fair market value of all other assets (see instructions)................
1c
100,000
d
Total (add lines 1a, b, and c).........................
1d
14,504,280
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
14,504,280
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
217,564
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,286,716
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
714,336
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
714,336
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
5,864
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
5,864
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
708,472
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
708,472
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
708,472
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
728,323
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
728,323
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 7 708,472
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 661,462
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 728,323
a Applied to 2022, but not more than line 2a 661,462
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 66,861
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		641,611
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
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).)
MARK TORRANCE
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

ANIMAL PROTECTION SOCIETY FRIDAY HARBOR

PO BOX 1355
FRIDAY HARBOR,WA98250 		  PUBLIC CHARITY PROGRAM SUPPORT - SOCIAL SERVICES 5,000

BELLEVUE SCHOOLS FOUNDATION

PO BOX 40644
BELLEVUE,WA98105 		  PUBLIC CHARITY PROGRAM SUPPORT - SOCIAL SERVICES 155,800

CENTER FOR INCLUSIVE ENTREPRENEUERS

13925 INTERURBAN AVE S SUITE 100
TUKWILA,WA98168 		  PUBLIC CHARITY PROGRAM SUPPORT - SOCIAL SERVICES 15,000

HEALTHPOINT

955 POWELL AVE SW
RENTON,WA98057 		  PUBLIC CHARITY PROGRAM SUPPORT - SOCIAL SERVICES 25,000

JUSTICE AND SOUL FOUNDATION

19240 AURORA AVE N SUITE A
SHORLINE,WA98133 		  PUBLIC CHARITY PROGRAM SUPPORT - SOCIAL SERVICES 12,500

MAKEWAY FOUNDATION

400-163 W HASTINGS ST
VANCOUVER,BRITISH COLUMBIAV6B 1H5
CA 		  PUBLIC CHARITY PROGRAM SUPPORT - SOCIAL SERVICES 50,000

NORTHWEST CHILDREN'S FUND

2100 24TH AVE S STE 320
SEATTLE,WA98144 		  PUBLIC CHARITY PROGRAM SUPPORT - SOCIAL SERVICES 10,000

RIDGE 2 RIVER ANIMAL HAVEN

6997 NAHAHHUM CANYON ROAD
CASHMERE,WA98815 		  PUBLIC CHARITY PROGRAM SUPPORT - SOCIAL SERVICES 12,300

SEATTLE CHILDREN'S FOUNDATION

M/S 818-FPO BOX 5371
SEATTLE,WA98145 		  PUBLIC CHARITY PROGRAM SUPPORT - SOCIAL SERVICES 100,000

SUMMIT SCHOOL DISTRICT

PO BOX 7
FRISCO,CO80443 		  PUBLIC CHARITY PROGRAM SUPPORT - SOCIAL SERVICES 4,350

UW FOUNDATION

BOX 359505
SEATTLE,WA981959505 		  PUBLIC CHARITY PROGRAM SUPPORT - SOCIAL SERVICES 280,000

WASHINGTON STATE ACADEMY OF SCIENCES

PO BOX 9293
SEATTLE,WA98109 		  PUBLIC CHARITY PROGRAM SUPPORT - SOCIAL SERVICES 5,000

WSU FOUNDATION

PO BOX 641927
PULLMAN,WA99164 		  PUBLIC CHARITY PROGRAM SUPPORT - SOCIAL SERVICES 15,000
Total .................................right arrow 3a 689,950
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 290,898  
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 ............ 		    18 226,294  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 517,192 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
517,192
(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

TY 2023 AccountingFeesSchedule
Name:
MARK TORRANCE FOUNDATION
EIN:
91-1939909
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 11,300 5,650   5,650

TY 2023 InvestmentsCorpBondsSchedule
Name:
MARK TORRANCE FOUNDATION
EIN:
91-1939909
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 52,530 0
US TREASUR NT 25,136 24,434
US TREASU NT 50,191 48,781
US TREASUR NT 35,340 33,709
US TREASU NT 49,569 47,391
US TREASUR NT 22,121 23,102
US TREASUR NT 44,431 46,156
MASTERCARD INC 49,945 49,708
MORGAN STANLEY 50,391 49,697
MCCORMICK & CO, 51,127 49,220
EQUINIX, INC. 50,830 48,767
ADOBE INC. 24,218 24,569
MICROSOFT CORP 24,477 24,461
TARGET CORP 51,190 48,505
V.F. CORP 51,033 47,630
MONDELEZ INTERNTN 40,478 38,155
PAYPAL HOLDINGS, 50,452 47,694
JPMORGAN CHASE & 25,774 24,637
UNITEDHEALTH GRO 51,518 49,345
MCDONALD'S CORP 25,353 23,672
BIOGEN INC. 52,923 49,156
ROPER TECHNOLOGIES, 50,169 46,715
CATERPILLAR FINL 25,057 23,336
THE PROCTER & GAM 50,508 48,319
STANLEY BLACK & D 46,478 43,491
UNION PACIFIC CO 26,100 24,073
WELLS FARGO & CO 81,570 76,625
AMAZON.COM, INC. 50,071 46,162
JOHN DEERE CAPIT 26,137 23,908
BRISTOL-MYERS SQU 52,530 48,562
STARBUCKS CORP 51,878 47,534
REPUBLIC SERVICES 51,593 47,973
WALMART INC. 53,306 48,451
PNC FINL SVCS GRO 52,513 47,333
APPLE INC. 26,011 23,829
AMGEN INC. 52,500 47,509
THE HOME DEPOT, 52,029 47,052
NVIDIA CORP 52,744 48,615
EMERSON ELECTRI 50,187 45,376
HONEYWELL INTERNT 25,152 23,786
NIKE, INC. 52,299 47,421
S&P GLOBAL INC 52,254 47,726
BLACKROCK, INC. 26,015 24,163
ESTEE LAUDER CO 47,465 47,862
PEPSICO, INC. 51,243 47,411
PROLOGIS, INC. 50,616 46,103
THERMO FISHER SCI 61,144 61,190
TEXAS INSTRUMENTS 40,471 40,639
MEDTRONIC GLOBA4.25% 49,355 49,597

TY 2023 InvestmentsCorpStockSchedule
Name:
MARK TORRANCE FOUNDATION
EIN:
91-1939909
Name of Stock End of Year Book Value End of Year Fair Market Value
ACCENTURE PLC F 25,923 27,020
ADOBE INC 15,292 34,603
ALBEMARLE CORP 10,499 7,946
ALPHABET INC. 6,125 47,355
ALPHABET INC. 5,870 50,030
AMAZON.COM INC 12,740 96,786
AMGEN INC. 6,728 13,537
APPLE INC 1,848 183,866
APPLIED MATERIALS 15,630 22,042
APTIV PLC F 18,283 20,187
BANK OF AMERICA CORP 39,634 45,825
BERKSHIRE HATHAWAY 37,820 82,388
BOEING CO 29,235 40,924
BOOKING HOLDINGS INC 5,463 28,378
CATERPILLAR INC 30,563 40,211
CHEVRON CORP 25,780 42,809
CHIPOTLE MEXICAN GRL 9,267 13,722
CHUBB LTD F 24,687 27,346
CISCO SYSTEMS INC 37,130 40,264
COGNIZANT TECH SOLU 27,150 32,100
COSTAR GROUP INC 10,796 22,984
COSTCO WHOLESALE CO 6,460 66,008
CROWN HOLDINGS INC 21,085 22,838
DANAHER CORP 6,686 30,768
ECOLAB INC 2,228 15,075
EOG RESOURCES INC 18,990 35,076
GENERAL MOTORS CO 22,706 15,122
GLOBAL PAYMENTS INC 25,558 26,162
HOME DEPOT INC 2,961 31,536
HONEYWELL INTL INC 19,504 32,715
HUMANA INC 31,225 26,553
JACOBS SOLUTIONS INC 18,565 17,653
JOHNSON & JOHNSON 41,156 57,680
JPMORGAN CHASE & CO 26,926 76,375
KKR & CO INC 18,804 20,713
LAM RESEARCH CORP 6,004 41,513
LILLY ELI & CO 15,623 77,528
LINDE PLC F 34,923 49,696
L3HARRIS TECHNOLOGIES IN 13,716 13,480
MARSH & MC LENNAN CO 8,201 39,789
MARVELL TECHNOLOGY INC 9,675 13,570
MCDONALDS CORP 21,736 36,174
MCKESSON CORP 13,047 12,963
MEDTRONIC PLC F 32,612 34,188
META PLATFORMS INC 9,403 49,908
MICROSOFT CORP 26,269 199,677
MONDELEZ INTL 12,291 36,794
MORGAN STANLEY 33,805 65,182
NEXTERA ENERGY INC 5,990 25,025
NIKE INC 11,912 12,486
NISOURCE INC 00500 31,175 27,479
NVIDIA CORP 15,994 103,006
O REILLY AUTOMOTIVE 21,509 23,752
ORACLE CORP 26,495 33,421
PALO ALTO NETWORKS 10,209 40,399
PEPSICO INC 11,504 27,005
PFIZER INC 14,578 18,166
PROCTER & GAMBLE 52,039 58,763
SALESFORCE INC 15,005 47,102
SCHLUMBERGER LTD F 10,470 10,460
SERVICE NOW INC 17,420 55,813
SHERWIN WILLIAMS CO 8,050 19,026
STRYKER CORP 6,987 16,171
SYNOPSYS INC 14,141 22,141
SYSCO CORP 23,206 20,623
TESLA INC 17,710 17,394
THE COCA-COLA CO 33,263 32,470
THERMO FISHER SCNTFC 2,136 31,847
UNION PACIFIC CORP 12,118 37,825
UNITED PARCEL SRVC 21,682 16,824
UNITED RENTALS INC 9,921 12,042
UNITEDHEALTH GRP INC 17,758 38,432
VALERO ENERGY CORP 13,602 32,890
VERIZON COMMUNICATN 21,010 19,642
VISA INC 13,563 71,076
WALMART INC 21,766 31,530
WALT DISNEY CO 14,658 18,961
ZOETIS INC 14,872 20,724
ISHARES CORE S&P MID-CAP 94,224 163,241
ISHARES MSCI EAFE ETF 322,736 381,872
ISHARES RUSSELL MID CAP 71,532 87,602
ISHARES RUSSELL MID CAP 19,618 37,083
ISHARES RUSSELL MID CAP 34,579 34,538
ISHARES RUSSELL 2000 71,687 97,357
ISHARES RUSSELL 2000 66,804 100,033
ISHARES TREASURY 128,989 128,799
JPM BETABULD DV ASIA 33,081 30,251
JPMORGAN ULTRA SHORT 71,700 71,829
SPDR PORTFOLIO S&P 500 123,219 143,719
VANGUARD FTSE DEVELOPED 166,477 203,527
VANGUARD FTSE EMERGING 207,255 213,186
VANGUARD INTERMEDIATE 99,628 100,592
VANGUARD INTRMDIAT TRM 106,105 106,301
VANGUARD LARGE CAP ETF 71,139 87,260
VANGUARD SCOTTSDALE FDS 68,920 71,039
VANGUARD SMALL CAP ETF 110,807 192,210
VANGUARD TOTAL INTERNTL 26,524 28,400
AMERN TOWER CORP 5,390 20,940
EQUINIX INC 14,049 24,967
PROLOGIS INC 25,005 58,919
ABBOTTLABS 16,964 47,440
ABBVIEINCSHS 32,336 33,164
ADOBEINC 11,345 69,206
ADVNCDMICRODINC 45,381 56,016
AIRPRODUCTS&CHEM 8,496 16,702
ALPHABET INCSHS CLC 86,977 255,647
AMEREXPRESSCOMPANY 43,947 43,088
ANALOGDEVICESINC COM 18,494 19,459
APPLEINC 30,271 363,689
APPLIEDMATERIALINC 19,255 61,425
AT&T INC 26,120 23,609
AUTOMATICDATAPROC 19,735 19,802
BLACKROCKINC 31,526 49,520
BOSTONSCIENTIFICCORP 15,551 24,049
BRISTOL-MYERSSQUIBBCO 34,928 31,145
CATERPILLARINCDEL 35,951 44,055
CISCOSYSTEMSINC COM 12,684 40,365
CITIGROUPINCCOMNEW 34,798 51,440
COMCASTCORPNEW CLA 53,369 59,943
COSTCOWHOLESALECRPDEL 52,438 69,968
CVSHEALTHCORP 18,671 22,583
DANAHERCORPDEL COM 22,757 23,597
DEERECO 13,154 32,789
ECOLABINC 6,666 28,166
ELEVANCEHEALTHINC 22,302 41,497
EMERSONELECCO 9,612 15,086
EQUINIX INC 28,211 33,021
GILEADSCIENCESINCCOM 20,603 26,085
HOMEDEPOTINC 12,803 63,765
HUMANAINC 19,221 30,215
ILLINOIS TOOLWORKSINC 19,455 25,670
INTUIT INC COM 15,760 39,377
LAMRESEARCHCORP COM 12,788 39,163
LOWE'SCOMPANIESINC 26,090 26,038
MASTERCARDINC 20,232 62,697
MERCKANDCOINCSHS 36,198 53,856
METLIFEINC COM 45,827 43,117
MICROSOFTCORP 66,393 370,023
MOODY'SCORP 31,965 33,198
MORGANSTANLEY 26,077 65,648
NEXTERAENERGYINCSHS 11,082 27,029
NIKEINCCLB 35,022 42,342
NVIDIA 4,941 175,308
OCCIDENTALPETECORPCAL 54,695 56,486
PAYPALHOLDINGSINCSHS 28,793 23,520
PEPSICOINC 32,034 77,787
PROCTER& GAMBLECO 33,520 58,323
PROGRESSIVECRPOHIO 21,015 43,165
PROLOGISINC 31,673 48,788
QUALCOMMINC 22,356 37,604
S&PGLOBALINC 19,498 41,409
SALESFORCEINC 14,797 69,206
SCHLUMBERGERLTD 43,305 51,884
SEMPRA 23,429 27,800
SERVICENOW INC 42,104 46,628
STARBUCKSCORP 44,946 55,302
TARGETCORP COM 17,160 27,487
THERMOFISHERSCIENTIFIC 27,600 39,278
TJXCOSINCNEW 10,152 42,215
UNITEDHEALTHGROUPINC 58,618 57,912
USBANCORP 37,713 41,808
VENTASINC 18,180 19,886
VERIZONCOMMUNICATNSCOM 41,248 41,922
VERTEXPHARMCTLSINC 15,382 33,772
VISA INCCLASHRS 50,810 84,614
ZOETISINC 15,572 34,342
AGILENT TECHNOLOGIESINC 5,833 22,106
ALEXANDRIAREALESTEQTS 18,754 13,818
AMERICANWTRWKSCOINC 14,417 23,362
APTIVPLCSHS 19,221 19,110
AUTODESKINCDELPV$0.01 31,420 27,513
BAXTERINTERNTLINC 15,345 12,487
BESTBUYCOINC 12,029 15,343
CAPITALONEFINL 34,976 40,385
CARRIERGLOBALCORPREG 27,225 31,368
CENCORAINC 18,741 24,646
CENTENECORP 13,753 13,729
CUMMINSINC COM 12,826 19,405
EBAYINC COM 34,482 42,181
EDWARDSLIFESCIENCESCRP 7,823 11,438
ELECTRONICARTSINC DEL 17,505 20,522
FIDELITY NATL INFOSVCS 26,675 27,392
FORTIVECORP 12,542 13,990
GENERALMILLS 24,968 33,547
GENERALMOTORSCO 53,486 54,958
HALLIBURTONCOMPANY 23,213 23,859
HERSHEYCOMPANY 16,084 23,119
HEWLETTPACKARD 13,752 13,601
IQVIA HLDGSINC 10,304 11,338
KIMBERLYCLARK 13,783 13,731
LAUDERESTEECOSINCA 15,776 17,989
OTISWORLDWIDECORPREG 11,659 12,078
PUBSVCENTERPRISEGRP 13,654 13,514
ROCKWELLAUTOMATIONINC 17,302 27,943
TRACTORSUPPLYCO 23,424 25,804
ULTABEAUTYINC 28,425 34,299
VALEROENERGYCORPNEW 32,004 44,590
VERALTOCORP 3,004 2,797
W W GRAINGERINCORP 11,479 33,976
WEYERHAEUSERCO 15,874 17,628
XYLEM INCSHS 12,732 19,670
ACCENTUREPLCSHS 16,503 38,249
AONPLCREGSHS 38,762 35,213
EATONCORPPLC 10,303 38,290
JOHNSONCONTROLSINTER 8,853 14,698
LINDEPLCNEW 38,381 39,428
STERISPLCREGSHS 7,205 12,092
U.S. TREASURYNOTE 37,611 39,281
PUBLICSERVICEENTERPRIS 14,506 14,807
U.S. TREASURYNOTE 60,696 63,390
U.S. TREASURYNOTE 79,236 82,317
U.S. TREASURYNOTE 19,009 19,498
U.S. TREASURYNOTE 56,067 58,031
U.S. TREASURYNOTE 18,916 19,287
U.S. TREASURYNOTE 61,707 63,093
DTEENERGYCO 18,139 18,848
AMERICANHONDAFINANCE 18,330 18,955
AMERICANEXPRESSCO 19,535 19,679
PNCFINANCIALSERVICES 15,157 14,994
AMERICANELECTRICPOWER 17,974 18,568
U.S. TREASURYNOTE 38,552 38,772
SIMONPROPERTYGROUPLP 19,147 19,380
U.S. TREASURYNOTE 31,965 32,483
MASSACHUSETTSCLGBLGRV 50,885 52,096
CNHINDUSTRIALCAPLLC 9,100 9,175
BANKOFNYMELLONCORP 29,551 29,687
U.S. TREASURYNOTE 58,124 60,029
AMERICANTOWERCORP 9,145 9,458
AMGENINC 18,083 18,609
INTEL CORP 29,072 29,407
U.S. TREASURYNOTE 59,497 61,895
BOSTONPROPERTIESLP 10,455 10,477
ANTHEMINC 19,423 19,677
NYSTDORMAUTHSTPERS 50,881 54,114
MORGANSTANLEY 19,171 19,561
UNITEDHEALTHGROUPINC 29,004 29,366
FIFTH THIRDBANCORP 20,868 20,763
ANHEUSER-BUSCHINBEVWOR 19,855 20,329
NYSTURBNDVCRPSLS 41,404 44,042
GOLDMANSACHSGROUPINC 18,557 19,000
U.S. TREASURYNOTE 41,089 41,759
HOMEDEPOTINC 31,692 32,931
PHOENIXAZCVCIMPTCORP 50,840 52,694
SANDIEGOCAPUBFFAWTR 46,757 48,588
CVSHEALTHCORP 18,277 18,645
U.S. TREASURYNOTE 12,961 13,362
U.S. TREASURYNOTE 61,523 62,557
EQUINIX INC 8,718 9,197
ABBVIEINC 18,120 18,719
AT&T INC 14,477 14,711
COMCASTCORP 31,848 32,806
AONCORP 21,255 22,207
PALOMARCALIFCMNTY 28,761 30,232
EVERSOURCEENERGY 19,822 20,310
U.S. TREASURYNOTE 39,654 40,619
ALEXANDRIAREALESTATEE 9,684 10,029
VERIZONCOMMUNICATIONS 19,827 20,534
CARRIERGLOBALCORP 8,472 8,752
CHABOT-LASPOSITASCALIF 49,781 53,388
SANRAMONVALLEYCALIF 50,644 55,016
U.S. TREASURYNOTE 36,788 37,429
JPMORGANCHASE& CO 27,994 29,037
U.S. TREASURYNOTE 56,904 57,703
CITIGROUPINC 28,840 29,425
U.S. TREASURYNOTE 71,022 75,059
USDENBRIDGEINC 9,503 9,703
USDBANKNOVASCOTIA 29,031 29,356
ROYALBANKOFCANADA 29,107 29,394
BANKOFMONTREAL 19,497 19,601
SHELL INTERNATIONAL FIN 28,724 28,888
TORONTO-DOMINIONBANK 29,146 29,448
ASTRAZENECAPLC 18,861 19,222
EQUINORASA 18,086 18,810
ISHARES 1-3YEAR TREASURYBOND ETF 494,727 500,034

TY 2023 InvestmentsGovtObligationsSch
Name:
MARK TORRANCE FOUNDATION
EIN:
91-1939909
US Government Securities - End of Year Book Value:

100,000
US Government Securities - End of Year Fair Market Value:

100,000
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
MARK TORRANCE FOUNDATION
EIN:
91-1939909
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
OTHER INVESTMENTS AT COST 40,815 0
DEMOCRACY LIVE CONVERTIBLE NOTE AT COST 100,000 100,000

TY 2023 OtherExpensesSchedule
Name:
MARK TORRANCE FOUNDATION
EIN:
91-1939909
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LICENSE & PERMITS 45 0   45
OFFICE SUPPLIES 472 0   472
WEBSITE 37 0   37


TY 2023 OtherLiabilitiesSchedule
Name:
MARK TORRANCE FOUNDATION
EIN:
91-1939909
Description Beginning of Year - Book Value End of Year - Book Value
FEDERAL EXCISE TAX PAYABLE 0 9,435
OTHER LIABILITIES 0 -2,500


TY 2023 OtherProfessionalFeesSchedule
Name:
MARK TORRANCE FOUNDATION
EIN:
91-1939909
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 83,797 83,797   0


TY 2023 TaxesSchedule
Name:
MARK TORRANCE FOUNDATION
EIN:
91-1939909
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 2,477 2,477   0
EXCISE TAXES 32,500 0   0