TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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
B Quest
c/o Kara Ballester

Number and street (or P.O. box number if mail is not delivered to street address)2405 Bancroft St
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
San Diego, CA92104

A Employer identification number

47-5550417

B Telephone number (see instructions)

(619) 228-6274

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$24,976,103J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	299,747		299,747
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		2,550,793
b	Gross sales price for all assets on line 6a 8,918,718
7	Capital gain net income (from Part IV, line 2)...			2,550,793
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).......	List of Attached Documents: // Content	71,178	67,976
12	Total. Add lines 1 through 11........	2,921,718		2,918,516
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......	207,078		0	207,078
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	31,688	3,169	28,519
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	114,364	80,884	33,480
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	16,033	0	15,483
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	5,325		0	5,325
22	Printing and publications..........	1,157		0	1,157
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	25,001	0	25,002
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	400,646		84,053	316,044
25	Contributions, gifts, grants paid.......	1,764,666			1,764,666
26	Total expenses and disbursements. Add lines 24 and 25	2,165,312		84,053	2,080,710
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	756,406
b	Net investment income (if negative, enter -0-)			2,834,463
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	642,952	192,976	192,976
	2	Savings and temporary cash investments.........	980,660	946,026	946,026
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule) 10,082,539
		Less: allowance for doubtful accounts 0	6,445,788	10,082,539	10,082,539
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,587,212	List of Attached Documents: // Content 913,929	896,020
	b	Investments—corporate stock (attach schedule).......	7,134,286	List of Attached Documents: // Content 4,665,340	8,555,618
	c	Investments—corporate bonds (attach schedule).......	3,079,847	List of Attached Documents: // Content 3,036,890	2,901,905
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	633,208	List of Attached Documents: // Content 1,422,659	1,401,019
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	20,503,953	21,260,359	24,976,103
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	20,503,953	21,260,359
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	20,503,953	21,260,359
	30	Total liabilities and net assets/fund balances (see instructions).	20,503,953	21,260,359

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

20,503,953

Enter amount from Part I, line 27a .....................

756,406

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

21,260,359

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

21,260,359

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	P	2021-03-15	2023-12-31
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	8,918,718	6,367,925	2,550,793
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			2,550,793
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	2,550,793
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	39,399
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	39,399
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	39,399
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	30,690
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	40,000
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	70,690
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	290
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	31,001
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax31,001	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

Kara Ballester Telephone no. right arrow

(619) 301-3132

Located at right arrow

2405 Bancroft StSan DiegoCA ZIP+4 right arrow

92104

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
Kara Ballester	President 25.00	0	0	0
2405 Bancroft St San Diego,CA92104	President 25.00	0	0	0
Andrew Ballester	Treasurer/Secretary 5.00	0	0	0
2405 Bancroft St San Diego,CA92104	Treasurer/Secretary 5.00	0	0	0

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
Beverly Mead	Chief Impact Officer 40.00	171,538	0	0
2405 Bancroft St San Diego,CA92104	Chief Impact Officer 40.00	171,538	0	0








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

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
US Trust Bank of America Private Wealth Mgmt	Financial Advisor	80,884
PO Box 830269 Dallas,TX75283	Financial Advisor	80,884

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1	CollectiveSunB Quest provided a loan to CollectiveSun to support philanthropic financing for nonprofits to go solar.	3,568,277
2	Grid AlternativesB Quest provided a bridge loan to Grid Alternatives to establish a fund to help affordable multifamily housing owners in California install solar developed and constructed by nonprofit solar installer GRID Alternatives and receive a rebate from California's SOMAH Program.	2,369,094
All other program-related investments. See instructions.
3	List of Attached Documents: // Content	40,000

Total. Add lines 1 through 3......................... right arrow

5,977,371

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

14,676,060

Average of monthly cash balances.......................

1,530,085

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

16,206,145

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

16,206,145

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

243,092

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

15,963,053

Minimum investment return. Enter 5% (0.05) of line 5................

798,153

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.)

Minimum investment return from Part IX, line 6..................

798,153

Tax on investment income for 2022 from Part V, line 5.......

39,399

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

39,399

Distributable amount before adjustments. Subtract line 2c from line 1............

758,754

Recoveries of amounts treated as qualifying distributions................

2,340,620

Add lines 3 and 4............................

3,099,374

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

3,099,374

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

2,080,710

Program-related investments—total from Part VIII-B..................

5,977,371

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

8,058,081

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					3,099,374
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......
b From 2019......
c From 2020......	4,223,085
d From 2021......	2,476,815
e From 2022......	3,166,278
f Total of lines 3a through e ........		9,866,178
4Qualifying distributions for 2023 from Part
XI, line 4: $ 8,058,081
a Applied to 2022, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2023 distributable amount.....					3,099,374
e Remaining amount distributed out of corpus		4,958,707
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		14,824,885
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		14,824,885
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....	4,223,085
c Excess from 2021....	2,476,815
d Excess from 2022....	3,166,278
e Excess from 2023....	4,958,707

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 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2023	(b) 2022	(c) 2021	(d) 2020	(e) Total

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

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).)

Kara Ballester

Andrew Ballester

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Area Residential Care 3355 Kennedy Cir Dubuque,IA52002		PC	Support Solar Project	25,000
Biodiversity Funders Group PO Box 29361 San Francisco,CA94129		PC	General Operating Support	2,000
Casa Familiar 119 W Hall Ave San Ysidro,CA92173		PC	Pre-development support for La Semilla Climate Resiliency Hub	350,000
Center for Climate Integrity 1201 Connecticut Ave NW Ste 600 Washington,DC20036		PC	General Operating Support	300,000
Climate Action Campaign 3900 Cleveland Ave Suite C San Diego,CA92103		PC	General Operating Support	255,000
CollectiveSun Foundation Inc 6125 Imperial Avenue San Diego,CA92114		PC	Support Solar Project	18,492
Dubuque Rescue Mission 998 Central Ave Dubuque,IA52001		PC	Support Solar Project	6,250
EKVN YEFOLECVLKE PO Box 148 Weogufka,AL35183		PC	Support Solar Project	25,000
Faith Baptist Church 2680 64th Avenue Oakland,CA94605		PC	Support a Solar Project	9,182
Feeding Greene 81 Main St Stanardsville,VA22973		PC	Support Solar Project	25,000
Funders Together to End Homelessness 89 South Street Suite 803 Boston,MA02111		PC	General Operating Support	57,500
Green New Deal Housing 1831 E 8th St Suite 103 Duluth,MN55812		PC	Support Solar Project	15,000
GRID Alternatives San Diego 930 Gateway Center Way San Diego,CA92102		PC	General Operating Support	50,000
Hammond Climate Solutions 7354 Eads Ave San Diego,CA92037		PC	Support Solar Project	25,000
Home Start Incorporated 4631 35th St San Diego,CA92116		PC	Support Solar Project	11,645
Inspiration Transportation 7081 N Marks Ave Ste 104 PMB 195 Fresno,CA93711		PC	General Operating Support	5,000
LA Conner Library Foundation 614 Morris St La Conner,WA98257		PC	Support Solar Project	25,000
Life Services Alternatives 260 W Hamilton Ave Campbell,CA95008		PC	Support Solar Project	25,000
MAAC 1355 Third Avenue Chula Vista,CA91911		PC	Support of Next Level Program	100,000
Make Projects 2920 University Ave San Diego,CA92104		PC	General Operating Support	25,000
Manistique Community Treehouse 259 Manistique St Detroit,MI48215		PC	Support Solar Project	15,000
Mercy House PO Box 1905 Santa Ana,CA92702		PC	Support Solar Project	21,000
Mesa Grande Business Devel 27236 Highway 78 Ramona,CA92065		PC	Support partnership convening	3,000
Michigan Advocacy Program 15 S Washington St Ypsilanti,MI48197		PC	Support Solar Project	25,000
New Earth Recovery PO Box 1473 Mount Vernon,WA98273		PC	Support Solar Project	19,625
Plymouth Area Renewable Energy PO Box 753 79 Highland Street Plymouth,NH03264		PC	Support Solar Project	15,000
Regional Taskforce on the Homeless 4699 MURPHY CANYON ROAD Suite 104 San Diego,CA92123		PC	General operating support	30,000
San Diego Children's Discovery 320 N Broadway Escondido,CA92025		PC	Support of climate-related event	5,000
San Ysidro Health 1601 Precision Park Lane San Diego,CA92173		PC	EV Charger Installation	24,736
SanDiego350 3900 Cleveland Ave Suite A San Diego,CA92103		PC	General operating support	10,000
The Childrens Initiative 625 Ruffin Rd STE 100 San Diego,CA92123		PC	General operating support	100,000
The Well PO Box 5026 Hagerstown,MD21741		PC	Project Support	60,000
Turtle Mountain Animal Rescue PO BOX 896 Rolla,ND58367		PC	Support Solar Project	25,000
Vernon Economic Development Association 1201 N Main St 6 Viroqua,WI54665		PC	Support Solar Project	25,000
Wafer Food Pantry 1603 George St La Crosse,WI54603		PC	Support Solar Project	25,000
West Mason Firefighters Association 4650 W Dayton Airport Rd PO BOX 2436 Shelton,WA98584		PC	Support Solar Project	6,236
Total ................................. 3a				1,764,666

bApproved for future payment

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

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	299,747
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	2,550,793
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aProgram-Related Investment Interest			14	67,976
bTax Refund			01	3,202
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		2,921,718	0

13Total. Add line 12, columns (b), (d), and (e)..................

2,921,718

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
11	Tax Refund
11	Program-Related Investment Interest

Form 990-PF (2023)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Accounting Fees	31,688	3,169		28,519

- TIN:

TY 2023 AllOthProgRltdInvestmentsSch

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Category	Amount
San Ysidro Health B Quest provided a loan for the purpose of an electric Vehicle Charging Installation.	40,000

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AERCAP IRELAND CAP/GLOBA COMPANY GUARNT GLB 03.300% JAN 30 2032	93,035	87,133
AMERICAN EXPRES ABS 2021 1 A 00.900%NOV15 26	142,342	144,595
APPLE INC GLB 01.650% MAY 11 2030	97,605	85,641
BANK OF NY MELLON CORP SER G 03.000% FEB 24 2025	75,182	73,367
BARCLAYS PLC GLB VAR%NOV 24 2027	59,759	62,508
CARMAX AUTO OWN ABS 2020 4 A3 00.500%AUG15 25	21,462	21,287
CITIGROUP INC - VAR%JAN 10 2028	53,887	48,394
FHLMC RA 2317 03%2050	62,656	53,052
FHLMC RA 5279 04%2051	188,031	191,677
FREDDIE MAC MUL CMO 2017 K062 A1 03.032%SEP25 26	50,238	46,013
FNMA PBM1880 04%2045	48,238	45,970
FNMA PCB4125 04%2052	193,048	195,398
FNMA PFM7599 03 50%2051	203,964	191,761
FNMA PFM8613 03%2050	130,244	117,155
FNMA PFS0590 03%2051	138,257	123,070
FNMA PMA3833 02 50%2049	239,960	239,455
FNMA PMA4578 02 50%2052	216,960	213,779
FNMA PMA4600 03 50%2052	137,937	137,630
ILLINOIS TOOL WORKS INC GLB 02.650% NOV 15 2026	80,699	71,648
JPMBB COMMERCIA CMO 2014 C26 A4 03.494%JAN15 48	105,039	97,468
JPMORGAN CHASE & CO GLB VAR%OCT 15 2030	104,489	89,061
KEY BANK NA SER BKNT 04.150% AUG 08 2025	9,838	9,695
METLIFE INC GLB 03.600% NOV 13 2025	75,680	73,652
ORACLE CORP GLB 02.950% APR 01 2030	53,303	45,166
PNC BANK NA SER BKNT 03.250% JUN 01 2025	76,789	72,957
REPUBLIC SERVICES INC GLB 01.750% FEB 15 2032	47,841	40,779
ROYAL BANK OF CANADA GLB 01.200% APR 27 2026	73,977	69,317
T-MOBILE USA INC COMPANY GUARNT GLB 02.250% NOV 15 2031	53,979	55,008
UNION PACIFIC CORP GLB 02.375% MAY 20 2031	60,859	52,240
VZMT 2021-1 A ABS 2021 1 A 00.500%MAY20 27	141,592	147,029

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AON PLC REG SHS	33,976	30,848
ACCENTURE PLC SHS	16,649	38,249
EATON CORP PLC	12,521	45,515
JOHNSON CONTROLS INTER	12,664	18,157
LINDE PLC NEW	39,392	41,071
APTIV PLC SHS	13,856	14,265
AT&T INC	28,975	28,744
ABBOTT LABS	15,403	43,588
ABBVIE INC SHS	21,556	39,517
ACUITY BRANDS INC	8,351	10,651
ADOBE INC SHS	8,090	57,870
ADVNCD MICRO D INC	32,734	39,948
AGILENT TECHNOLOGIES INC	8,772	31,977
ALEXANDRIA REAL EST EQTS REIT	31,190	23,833
ALPHABET INC SHS CL C	79,210	205,476
AMER EXPRESS COMPANY	17,075	19,483
AMERICAN WTR WKS CO INC NEW	26,440	45,141
CENCORA INC	24,784	30,396
ANALOG DEVICES INC COM	18,127	19,856
ELEVANCE HEALTH INC	17,320	32,066
APPLE INC	33,869	270,890
APPLIED MATERIAL INC	5,398	47,162
APTARGROUP INC	10,542	10,879
ASSURANT INC	16,291	16,849
AUTODESK INC DEL PV$0.01	21,098	18,748
AUTOMATIC DATA PROC	8,172	9,086
BALL CORP COM	11,870	20,477
BAXTER INTERNTL INC	16,436	11,250
BEST BUY CO INC	10,495	13,386
BLACKROCK INC	26,777	43,837
BORG WARNER INC COM	21,141	19,359
BOSTON SCIENTIFIC CORP	27,645	34,859
BRISTOL-MYERS SQUIBB CO	37,587	33,505
CVS HEALTH CORP	31,031	32,137
CAPITAL ONE FINL	32,137	37,107
CARRIER GLOBAL CORP REG SH	11,603	14,248
CATERPILLAR INC DEL	30,056	39,028
CISCO SYSTEMS INC COM	24,585	41,679
CITIGROUP INC COM NEW	62,680	63,734
COMCAST CORP NEW CL A	52,139	59,417
CUMMINS INC COM	15,017	22,040
DANAHER CORP DEL COM	17,888	14,343
DECKERS OUTDOORS CORP	11,389	23,395
DEERE CO	21,920	55,182
DOVER CORP	10,124	17,227
EBAY INC COM	24,400	29,880
EDWARDS LIFESCIENCES CRP	10,222	14,945
ELECTRONIC ARTS INC DEL	17,298	18,880
EMERSON ELEC CO	22,395	34,747
EQUINIX INC	26,963	29,799
ETSY INC SHS	13,782	17,993
FORTINET INC	11,067	12,291
FORTIVE CORP SHS	10,260	11,781
GENERAL MILLS	36,013	45,077
GENERAL MOTORS CO COMMON SHARES	20,011	22,558
GILEAD SCIENCES INC COM	17,228	21,549
W W GRAINGER INCORP	7,541	22,375
HA SUSTAINABLE INFRASTRCTRE CAP INC	15,925	14,286
HASBRO INC COM	11,285	9,191
HERSHEY COMPANY	27,804	33,186
HEWLETT PACKARD ENTERPRISE CO	15,262	15,095
HOME DEPOT INC	18,153	49,903
HUMANA INC	12,111	31,589
ILLINOIS TOOL WORKS INC	8,070	11,787
INTRPUBLIC GRP OF CO	23,206	21,901
INTUIT INC COM	11,419	24,376
ITRON INC	13,619	14,498
JACOBS SOLUTIONS INC REG SHS	11,425	11,163
LAM RESEARCH CORP COM	11,505	35,247
LAUDER ESTEE COS INC A	10,637	12,139
MASTERCARD INC	23,689	78,904
MC CORMICK NON VTG	13,221	13,342
MERCK AND CO INC SHS	29,102	64,758
METLIFE INC COM	30,493	45,696
MICROSOFT CORP	55,589	283,534
MOODY'S CORP	16,161	16,794
MORGAN STANLEY	15,929	60,053
NIKE INC CL B	14,393	19,434
NVIDIA	7,168	145,595
OTIS WORLDWIDE CORP REG SH	10,019	10,379
OWENS CORNING INC	11,127	17,639
PVH CORP	11,698	12,700
PROCTER & GAMBLE CO	31,648	33,704
PROGRESSIVE CRP OHIO	22,179	45,554
PROLOGIS INC	25,463	42,123
QUALCOMM INC	17,516	28,781
ROCKWELL AUTOMATION INC	12,922	22,355
S&P GLOBAL INC	16,132	34,361
SALESFORCE INC	11,971	49,207
SERVICENOW INC	24,025	28,966
STARBUCKS CORP	37,844	49,541
TJX COS INC NEW	18,652	44,560
TARGET CORP COM	19,176	32,757
TESLA INC	63,528	65,350
TETRA TECH INC NEW	7,594	24,706
THERMO FISHER SCIENTIFIC INC	12,704	22,824
TRACTOR SUPPLY CO	6,680	11,612
US BANCORP	29,739	41,808
UNITEDHEALTH GROUP INC	59,181	59,491
VENTAS INC REIT	24,516	26,864
VERALTO CORP REG SHS	2,970	2,139
VERIZON COMMUNICATNS COM	35,661	26,541
VERTEX PHARMCTLS INC	24,678	28,889
VISA INC CL A SHRS	73,292	91,123
WABTEC	24,441	27,410
WALMART INC	31,318	52,340
WATTS WATER TECH INC	7,978	14,167
XYLEM INC SHS	14,665	26,303
AON PLC REG SHS	14,971	30,266
ACCENTURE PLC SHS	13,305	42,460
LINDE PLC NEW	42,171	105,963
TE CONNECTIVITY LTD REG.SHS	21,504	36,249
ADOBE INC SHS	44,059	68,609
AGILENT TECHNOLOGIES INC	54,566	60,617
AIR PRODUCTS&CHEM	43,271	47,094
ALPHABET INC SHS CL C	38,780	160,237
AMERICAN TOWER REIT INC (HLDG CO) SHS	64,041	100,816
AMPHENOL CORP CL A NEW	43,740	102,500
BALL CORP COM	42,700	29,680
COSTCO WHOLESALE CRP DEL	17,341	38,285
CROWN CASTLE INC SHS	31,873	38,128
DANAHER CORP DEL COM	45,758	162,401
DOLLAR GENERAL CORP	44,495	74,773
ELECTRONIC ARTS INC DEL	20,463	35,981
FIDELITY NATL INFO SVCS INC	44,227	24,869
FISERV INC WISC PV 1CT	28,798	71,335
GARTNER INC	27,756	123,604
IDEX CORP DELAWARE COM	21,173	57,534
IDEXX LAB INC DEL $0.10	22,557	34,413
INTERCONTINENTAL EXCHANGE INC	34,431	75,003
INTUITIVE SURGICAL INC NEW	18,853	28,676
INTUIT INC COM	31,578	129,381
LAUDER ESTEE COS INC A	30,805	49,871
LOWE'S COMPANIES INC	14,017	45,845
MARSH & MCLENNAN COS INC	18,940	57,788
MASTERCARD INC	35,747	170,177
MICROSOFT CORP	22,244	167,338
MOODY'S CORP	27,560	37,884
NIKE INC CL B	24,340	49,182
O'REILLY AUTOMOTIVE INC	11,066	33,253
PAYPAL HOLDINGS INC SHS	53,332	41,882
S&P GLOBAL INC	48,869	122,465
SCHWAB CHARLES CORP NEW	13,857	36,051
STARBUCKS CORP	24,463	43,301
TJX COS INC NEW	51,486	128,332
TEXAS INSTRUMENTS	10,224	30,853
THERMO FISHER SCIENTIFIC INC	43,421	162,953
VERALTO CORP REG SHS	20,811	38,086
VERISIGN INC	50,000	51,078
VERISK ANALYTICS INC CLASS A	41,141	122,774
VISA INC CL A SHRS	49,836	172,091
XYLEM INC SHS	38,796	90,802
ZOETIS INC	30,930	131,843
ICON PLC	12,872	17,550
CYBER-ARK SOFTWARE LTD	17,539	23,876
AMN HEALTHCARE SVCS INC	13,940	8,686
ALLEGRO MICROSYSTEMS INC REG SHS	17,839	21,371
APTARGROUP INC	12,136	13,845
AVANGRID INC SHS	8,885	7,422
BJS WHSL CLUB HLDGS INC	7,833	23,398
BALL CORP COM	17,062	16,278
BRIGHT HORIZONS FAMILY SOLUTIONS INC	18,583	16,209
AZENTA INC	11,093	7,752
BURLINGTON STORES INC	18,901	23,338
CAMDEN PPTY TR COM SBI REIT	13,357	13,305
COLUMBIA BKG SYS INC	14,437	13,047
CUBESMART COM	9,792	11,495
DARLING INGREDIENTS INC	14,220	9,669
DECKERS OUTDOORS CORP	3,263	34,090
DOMINOS PIZZA INC	12,338	13,191
EAST WEST BANCORP INC	14,693	23,096
EASTGROUP PROPERTIES INC REIT	10,630	17,253
ESSENTIAL UTILITIES INC	6,173	6,984
ETSY INC SHS	22,574	17,426
FEDERAL REALTY INVT TRUST	5,297	5,152
FIRST SOLAR INC	2,622	10,509
FRESHPET INC SHS	12,268	11,019
HANOVER INS GROUP INC	13,398	16,635
JACK HENRY & ASSOC INC	15,165	15,524
HEXCEL CORP NEW COM	13,660	18,732
HORACE MANN EDUCTRS NEW	10,886	9,712
HUNT J B TRANS SVCS INC	9,087	18,376
IPG PHOTONICS CORP DEL	24,911	18,886
INGEVITY CORP SHS	10,086	8,641
INTERCONTINENTAL HOTELS GROUP PLC	7,545	12,218
JONES LANG LASALLE INC	15,113	21,909
LKQ CORP	5,086	8,698
LPL FINANCIAL HOLDINGS SHS	11,702	25,949
LTC PROPERTIES INC REITS-HEALTH CARE	11,523	9,250
LAMB WESTON HOLDINGS INC REG SHS	14,560	27,563
LEVI STRAUSS AND CO NEW	9,979	7,443
LINCOLN ELEC HLDGS INC	8,391	21,094
LIVE OAK BANCSHARES INC SHS	15,484	13,832
MSA SAFETY INC SHS	18,077	23,299
MYR GROUP INC DEL	18,759	19,814
MANPOWERGROUP	12,773	9,775
MC CORMICK NON VTG	9,178	9,442
MERIT MEDICAL SYS INC	19,062	22,408
MIDDLEBY CORP COM	16,763	21,487
N Y TIMES CO A	12,477	21,213
OMNICELL INC	16,031	11,966
PAYLOCITY HLDG CORP	19,888	14,177
PENUMBRA INC	11,490	15,092
QUEST DIAGNOSTICS INC	18,533	19,441
REINSURNCE GROUP AMERICA	12,155	14,722
ROGERS CORP	13,082	12,414
SENSIENT TECHNOLGY CORP	17,207	13,200
SMITH A O CORP DEL COM	9,226	13,685
SOLAREDGE TECHNOLOGIES INC SHS	17,818	6,833
SONOCO PRODUCTS CO	8,626	9,554
STIFEL FINANCIAL CORP	6,096	13,208
TETRA TECH INC NEW	4,932	19,197
TRACTOR SUPPLY CO	6,016	21,718
TREX CO INC	10,410	12,004
TRIMBLE INC	12,458	15,747
VALMONT INDUSTRIES	19,720	16,112
WABTEC	14,551	26,141
WEBSTER FINL CP PV $0.01	17,213	21,015
WOLFSPEED INC	15,942	13,793

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

US Government Securities - End of Year Book Value:

913,929

US Government Securities - End of Year Fair Market Value:

896,020

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

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

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
Impact Science Ventures Fund I, LP	AT COST	761,540	739,820
Climatize	AT COST	161,119	161,199
Sun Wealth Solar	AT COST	500,000	500,000

- TIN:

TY 2023 OtherExpensesSchedule

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
Office Expense	19,764	19,765
Membership Dues	4,436	4,436
Processing Fees	801	801

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
Program-Related Investment Interest	67,976	67,976	67,976
Tax Refund	3,202		3,202

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
Investment Management Fees	80,884	80,884	0
Grant Consulting Fees	33,230	0	33,230
Contract Services	250	0	250

- TIN:

TY 2023 TaxesSchedule

Name:

B Quest

c/o Kara Ballester

EIN:

47-5550417

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Excise Tax	550	0		0
Payroll Taxes	15,483	0		15,483