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
Through the Looking Glass Impact Foundation

% Foundation Source

Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377

A Employer identification number

88-3669624

B Telephone number (see instructions)

(800) 839-1754

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

$4,252,572J 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)	0
2	Check .............
3	Interest on savings and temporary cash investments	23,171		23,171
4	Dividends and interest from securities...	70,025		70,025
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-10,606
b	Gross sales price for all assets on line 6a 398,863
7	Capital gain net income (from Part IV, line 2)...			0
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........	82,590		93,196
13	Compensation of officers, directors, trustees, etc.	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	15,592	15,592
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	1,960	1,160
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	16,162	390	15,772
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	33,714		17,142	15,772
25	Contributions, gifts, grants paid.......	80,414			80,414
26	Total expenses and disbursements. Add lines 24 and 25	114,128		17,142	96,186
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-31,538
b	Net investment income (if negative, enter -0-)			76,054
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.............
	2	Savings and temporary cash investments.........	3,994,667	67,299	67,299
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)		List of Attached Documents: // Content 86,678	89,500
	b	Investments—corporate stock (attach schedule).......		List of Attached Documents: // Content 2,313,509	2,573,271
	c	Investments—corporate bonds (attach schedule).......		List of Attached Documents: // Content 1,495,643	1,522,502
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	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)	3,994,667	3,963,129	4,252,572
	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...........
	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	3,994,667	3,963,129
	29	Total net assets or fund balances (see instructions).....	3,994,667	3,963,129
	30	Total liabilities and net assets/fund balances (see instructions).	3,994,667	3,963,129

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

3,994,667

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

-31,538

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

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

3,963,129

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 .

3,963,129

Form 990-PF (2023)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	Publicly-traded Securities
b
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	398,863	409,469	-10,606
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			-10,606
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	-10,606
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	1,057
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	1,057
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	1,057
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	798
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	300
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	1,098
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	41
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax41	Refunded	11

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

$ (2) On foundation managers. right arrow

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

on foundation managers. right arrow

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

The books are in care of right arrow

Foundation Source Telephone no. right arrow

(800) 839-1754

Located at right arrow

501 Silverside Road Suite 123WilmingtonDE ZIP+4 right arrow

198091377

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
Shannon Leigh White	Dir, Pres, Sec, Treas 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir, Pres, Sec, Treas 1.0	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










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

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

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


2


All other program-related investments. See instructions.
3

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

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

2,920,613

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

1,240,917

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

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

4,161,530

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

4,161,530

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

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

62,423

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

4,099,107

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

204,955

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

204,955

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

1,057

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

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

1,057

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

203,898

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

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

203,898

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

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

203,898

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 ..........

96,186

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

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. .......

96,186

Form 990-PF (2023)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7				203,898
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......			17,782
b Total for prior years:2021, 2020, 2019
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 ........
4Qualifying distributions for 2023 from Part
XI, line 4: $ 96,186
a Applied to 2022, but not more than line 2a			17,782
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2023 distributable amount.....				78,404
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2023.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........				125,494
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...
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....	0

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).)

Shannon Leigh White

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
HACKETT ELEMENTARY SCHOOL 102 N OAK ST HACKETT,AR72937	N/A	GOV	Playground structures support fund	72,914
SOUTH SEBASTIAN COUNTY FAIR ASSOCIA PO BOX 12 GREENWOOD,AR72936	N/A	PC	Hackett/Hartford FFA Alumni Association	7,500
Total ................................. 3a				80,414

bApproved for future payment

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

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 ...........			14	23,171
4 Dividends and interest from securities ....			14	70,025
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	-10,606
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) ..				82,590

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

82,590

(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.)

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:

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

TY 2023 DepreciationSchedule

Name:

Through the Looking Glass Impact Foundation

EIN:

88-3669624

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income	Adjusted Net Income	Cost of Goods Sold Not Included

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

Through the Looking Glass Impact Foundation

EIN:

88-3669624

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AIR LEASE CORP - 5.300% - 02/0	41,638	42,508
ALLEGION PLC NOTE - 3.500% - 1	1,748	1,849
ALLEGION US HLDG CO INC NT - 3	4,538	4,754
ALTRIA GROUP INC NT - 3.400% -	17,602	18,271
AMERICAN EXPRESS CO - 3.950% -	43,300	43,295
AMERICAN TOWER CORP NT - 3.800	17,902	18,050
AT&T INC - 4.350% - 03/01/2029	17,632	17,781
BAT CAPITAL CORP - 4.906% - 04	17,242	17,716
BERRY GLOB INC NTS - 1.650% -	17,707	18,018
BLOCK FINL LLC - 3.875% - 08/1	17,366	18,313
BOYD GAMING - 4.750% - 12/01/2	19,231	19,239
BROADCOM - 4.300% - 11/15/2032	34,906	36,497
BROADCOM CORP/BROADCOM CAYMAN	17,404	17,567
CANADIAN IMPERIAL BANK - 3.945	43,061	43,306
CARLISLE COS INC NOTE CALL - 3	17,550	17,653
CDW LLC / CDW FIN CORP - 4.250	17,740	18,196
CENTENE CORP - 2.500% - 03/01/	35,714	36,648
CHARTER COMMUNICATIONS - 4.200	32,243	32,674
CITIGROUP INC NOTE CALL MAKE -	43,461	44,573
COMCAST CORP - 5.250% - 11/07/	42,838	42,425
CONAGRA BRANDS INC SR NOTE - 4	18,039	17,986
DICKS SPORTING GOODS INC NOTE	4,714	5,120
DISCOVERY COMMUNICATIONS LLC -	17,803	18,083
DOLLAR TREE INC - 4.200% - 05/	17,562	17,620
EDISON CO - 5.850% - 11/01/202	42,004	41,777
ENCOMPASS - 4.750% - 02/01/203	5,475	5,654
EXPEDIA GROUP INC NOTE CALL MA	18,039	17,986
FISERV INC - 5.650% - 08/21/20	15,644	15,743
FLEXTRONICS INTL LTD NOTE - 4.	17,678	17,671
GENERAL MTRS CO NOTE - 5.400%	43,473	44,819
GENERAL MTRS FINL COINC NOTE -	42,541	43,145
GOLDMAN SACHS - 3.800% - 03/15	42,918	43,268
GOLDMAN SACHS GROUP INC NOTE -	8,321	8,597
HCA INC - 5.625% - 09/01/2028	17,389	17,412
HOWMET AEROSPACE INC NOTE - 3.	32,018	32,858
HP INC NOTE CALL - 4.200% - 04	17,682	19,020
INTEL CORP - 4.875% - 02/10/20	42,445	42,326
JPMORGAN CHASE - 3.625% - 12/0	42,040	42,275
KRAFT HEINZ FOODS - 3.000% - 0	17,209	17,300
L BRANDS INC - 7.500% - 06/15/	19,333	19,742
MICROCHIP TECHNOLOGYINC. SER B	17,695	17,732
MOLSON COORS BEVERAGE CO NOTE	17,164	17,248
MORGAN STANLEY SER I - 4.210%	5,798	5,868
MORGAN STANLEY SER I MTN - 4.6	7,935	7,925
MOTOROLA - 4.600% - 02/23/2028	17,904	17,912
OLIN CORP NOTE CALL - 5.125% -	17,511	17,565
ORACLE CORP - 2.950% - 04/01/2	17,722	18,066
ORACLE CORP NOTE - 6.250% - 11	43,024	43,582
QORVO INC - 4.350% - 10/15/202	17,352	18,026
QVC INC - 4.450% - 02/15/2025	19,370	24,403
SBA COMMUNICATIONS CORP SER B	18,948	19,770
SERVICE CORP INTL - 5.125% - 0	6,755	6,860
SPRINT CAPITAL CORP - 6.875% -	41,089	41,149
STEEL DYNAMICS INC - 3.450% -	13,261	13,818
T MOBILE USA INC - 3.500% - 04	43,264	43,849
TENET HEALTHCARE CORP SER B NO	19,250	19,943
TOTAL SYSTEMS SERVICES - 4.800	17,748	17,847
TRANSDIGM INC SER B NOTE - 5.5	19,000	19,588
TRIMBLE - 4.900% - 06/15/2028	17,002	17,097
UNITED RENTALS NORTHAMER INC -	19,375	19,505
VERIZON COMMS - 4.329% - 09/21	17,835	17,826
WELLS FARGO &CO - 2.879% - 10/	39,825	40,948
WERNERMEDIA HOLDING - 4.279% -	5,105	5,499
WESTINGHOUSE AIR BRAKE TECHNOL	17,853	17,814
WILLIS NORTH AMER INC NOTE - 4	17,447	17,537
ZIMMER BIOMET HOLDINGS INC - 3	17,261	17,390

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

Through the Looking Glass Impact Foundation

EIN:

88-3669624

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABB LTD	5,655	7,132
ABBOTT LABS	6,635	6,604
ABBVIE INC	21,483	20,611
ACCENTURE PLC	9,070	11,580
ADVANCED MICRO DEVICES INC	6,748	10,171
ADVANTEST CORP - ADR	3,947	4,219
AIA GROUP LTD ADR	11,383	9,257
AIRBUS GROUP	7,494	8,177
AKZO NOBEL NV-ADR	6,236	6,325
ALLEGION PLC	7,417	8,995
ALPHABET INC CL A	24,141	30,732
AMAZON COM	24,209	35,250
AMERICAN EXPRESS CO	17,261	19,483
AMERICAN TOWER REIT INC	9,327	9,715
AMERIPRISE FINANCIAL INC	5,986	7,217
ANSYS INC	11,025	12,338
AON PLC CL A	9,649	8,440
APPLE INC	27,283	31,382
APPLIED MATERIALS INC	6,373	8,914
ASICS CORPORATION	4,215	4,616
ASM INTERNATIONAL NV	6,164	8,307
ASML HOLDING NV NY REG SHS	7,197	9,083
ASPEN TECHNOLOGY INC COM	10,912	10,347
ASTRAZENECA	21,078	18,993
BANDAI NAMCO HOLDINGS INC	3,652	3,313
BECTON DICKINSON & CO	20,576	19,263
BENTLEY SYSTEMS INC CL B	13,154	16,019
BERKLEY W R CP	9,551	10,679
BLACKROCK STRAT INC OPP PORTFO	241,424	246,963
BOSTON SCIENTIFIC	6,276	6,879
BP PLC SPONSORED ADR	11,152	10,266
BRIGHT HORIZONS FAMILY SOLUTIO	5,921	7,256
BROADCOM INC	20,353	33,488
BUREAU VERITAS SA	7,345	6,483
CALRSBERG AS SP ADR REP B	5,307	4,129
CAP GEMINI SA UNSP/ADR	4,846	5,566
CHARLES RIV LABORATORIES INTL	9,444	11,347
CHEMED CORP	7,864	8,187
CHIPOTLE MEX GRILL	7,580	9,148
CHOICE HOTELS INTERNATIONAL IN	7,663	6,798
CHUBB LIMITED	5,737	5,876
CISCO SYSTEMS INC	16,839	17,783
CME GROUP, INC	14,086	15,584
COCA COLA EUROPEAN PARTNERS PL	5,172	5,606
COMPAGNIE FINANCIERE RICHEMONT	8,071	6,584
COMPASS GROUP PLC ADR	9,370	10,178
CONOCOPHILLIPS	15,194	17,062
CONTL AG SPONS ADR	6,027	7,022
COOPER COMPANIES INC	13,837	13,624
COSTCO WHOLESALE CORPORATION	7,633	9,901
COVESTRO AG	3,658	4,762
CROWN CASTLE INTL	15,928	14,284
CVS CAREMARK CORP	20,174	21,714
DAIKIN INDS LTD ADR	6,465	6,064
DAIWA HOUSE IND LTD	3,957	5,005
DANAHER CORP	3,960	4,164
DBS GROUP HLDGS SPON ADR	4,003	4,152
DISCO CORPORATION	2,620	6,032
DOLBY LABORATORIES	9,549	9,652
ELI LILLY & CO	10,082	15,739
EMERSON ELECTRIC CO	13,026	14,697
ENGIE	12,818	13,329
EQUIFAX INC	9,256	11,375
EXPERIAN GROUP LTD S/ADR	3,440	3,504
EXPONENT, INC	9,336	8,364
EXXON MOBIL CORP	32,642	28,394
FAIR ISSAC & CO INC	4,902	8,148
FANUC LIMITED UNSPONSORED	4,945	5,164
FEDEX CORPORATION	15,795	16,949
GILDAN ACTIVEWEAR INC	4,045	3,703
GOLDMAN SACHS GROUP	18,594	21,217
GQG PARTNERS EMERGING MARKETS	317,687	374,258
HALMA PLC ADR	3,095	3,765
HENKEL KGAA PFD SHS ADR	4,626	4,541
HENRY JACK & ASSOC INC	9,304	9,805
HONEYWELL INTL	4,537	4,823
HOYA CORP SPONS ADR	6,200	7,098
HSBC HOLDINGS PLC	8,461	9,324
ICON PLC - AMERICAN DEPOSITARY	5,558	7,643
IMCD GROUP	3,991	4,398
ING GROUP N V SPONSORED ADR	5,926	6,909
INTERACTIVE BROKERS GROUP, INC	7,692	7,793
INTUIT	8,102	11,251
INTUITIVE SURGICAL	6,004	6,747
ISHARE SP SMALL CAP 600 INDEX	194,912	220,614
JP MORGAN CHASE	17,362	20,922
KBC GROUP SA UNSP ADR	5,325	5,229
L'AIR LIQUIDE ADR OTC	7,614	8,335
LEGRAND INC	5,875	6,632
LENNOX INTL INC	8,198	13,873
LINDE PLC COM	23,804	26,696
LOCKHEED MARTIN CORP	17,202	15,863
LONDON STK EXCHANGE GROUP	5,048	5,785
LPL FINANCIAL HOLDINGS INC	10,086	11,153
MASTERCARD INC	8,711	9,810
MCDONALD'S CORP	21,247	21,645
MERCK KGAA SPON ADR EACH REPR	6,269	5,715
META PLATFORMS INC	18,591	21,946
MICROSOFT CORP	46,378	60,542
MORGAN STANLEY	20,923	21,821
MTU AERO ENGINES	4,241	3,454
NIKE INC-CL B	8,988	7,817
NOMURA RESEARCH INST LTD	5,721	6,858
NORDSON CP	10,707	12,944
NORFOLK SOUTHERN CORP	17,242	19,147
NOVO NORDISK A S	11,711	14,483
O'REILLY AUTOMOTIVE INC	6,343	6,651
ORACLE CORP	16,098	17,080
PALO ALTO NETWORKS INC	4,628	7,077
PARKER HANNIFIN CP	4,204	5,989
PERNOD RICARD S A SPONSORED AD	7,610	6,036
POOL CORP	12,178	14,752
PROCTER GAMBLE CO	19,496	18,904
PROLOGIS	21,050	22,528
RAYTHEON TECHNOLOGIES CORP	12,740	10,433
RECRUIT HOLDINGS CO	3,050	3,991
RELX PLC	12,326	14,595
RENESAS ELECTRONICS CORP	4,543	5,614
ROCHE HOLDING LTD ADR	12,478	11,557
ROCKWELL AUTOMATION INC	3,841	4,347
ROLLINS INC	8,842	10,044
RYANAIR HOLDINGS PLC-ADR COM	7,542	10,535
S&P GLOBAL INC COM	5,671	7,048
SAIA, INC	5,886	9,203
SALESFORCE.COM	9,466	12,368
SAMPO PLC UNSPONSORED ADR	7,262	6,421
SANDVIK AB SPONS ADR	5,200	5,312
SAP AKTIENGESELL ADS	6,145	6,802
SCHLUMBERGER LTD	5,520	5,516
SCOTTS CO. CLASS A	6,796	6,056
SHERWIN-WILLIAMS CO	6,778	9,045
SHIN-ETSU CHEMICAL C	5,943	6,563
SIEMENS HEALTHINEERS AG	5,211	5,069
SITEONE LANDSCAPE SUPPLY INC	7,709	8,938
SUNCOR ENERGY INC	5,524	5,799
SUZUKI MOTOR CORP UNSP ADR	3,844	4,770
SYSCO CORP	16,070	15,796
TELEDYNE TECH INC	8,515	8,926
TERADYNE INC	10,030	10,961
THALES S.A.	8,162	7,709
THE COCA-COLA CO	10,291	9,488
THERMO FISHER SCIENTIFIC INC	6,785	6,369
THOR INDS INC	8,410	12,416
TJX COMPANIES INC	8,976	10,694
TRAVELERS COMPANIES INC	16,365	17,335
UNILEVER PLC AMER	9,695	8,678
UNION PACIFIC	7,322	8,351
UNITED PARCEL SERVICE	16,272	13,679
UNITEDHEALTH GROUP INC	12,173	13,162
UNIVERSAL MUSIC GROUP	4,315	5,402
VISA INC	14,513	16,142
VONOVIA SE	3,428	5,258
WAL-MART STORES INC	20,882	21,756
WATSCO INC	8,998	11,569
WELLS FARGO & CO	14,593	17,227
YUM BRANDS INC	11,275	11,890
ZEBRA TECHNOLOGIES CORP	10,147	9,567
ZOZO INC. ADR	3,641	3,705
ZURN WATER SOLUTIONS	7,232	9,205

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

Through the Looking Glass Impact Foundation

EIN:

88-3669624

US Government Securities - End of Year Book Value:

86,678

US Government Securities - End of Year Fair Market Value:

89,500

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

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

- TIN:

TY 2023 OtherExpensesSchedule

Name:

Through the Looking Glass Impact Foundation

EIN:

88-3669624

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Administrative Fees	15,682		15,682
Bank Charges	390	390
Postage/Delivery Service	65		65
State or Local Filing Fees	25		25

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

Through the Looking Glass Impact Foundation

EIN:

88-3669624

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment Management Services	15,592	15,592

- TIN:

TY 2023 TaxesSchedule

Name:

Through the Looking Glass Impact Foundation

EIN:

88-3669624

Category	Amount	Net Investment Income
990-PF Estimated Tax for 2023	700
990-PF Extension for 2022	100
Foreign Tax Paid	1,160	1,160