Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
128 COLLECTIVE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)314 LYTTON AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALO ALTO, CA94301
A Employer identification number

83-2899018
B Telephone number (see instructions)

(650) 804-7100
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$46,158,815J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 503,240
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,295,513 1,324,470  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 816,859
b Gross sales price for all assets on line 6a 14,883,411
7 Capital gain net income (from Part IV, line 2)... 1,027,373
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
160,000 37,325  
12 Total. Add lines 1 through 11........ 2,775,612 2,389,168  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
16,622 0   19,148
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
186,326 93,163   85,183
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
270,298 270,298   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
181,489 24,489   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
38,650 61,562   3,610
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 693,385 449,512   107,941
25 Contributions, gifts, grants paid....... 9,408,473 9,408,473
26 Total expenses and disbursements. Add lines 24 and 25 10,101,858 449,512   9,516,414
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -7,326,246
b Net investment income (if negative, enter -0-) 1,939,656
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 448,373 571,679 571,679
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   1,000 1,000
10a Investments—U.S. and state government obligations (attach schedule) 4,247,195 Click to see attachment
List of Attached Documents:
// Content
3,440,264 		3,440,264
b Investments—corporate stock (attach schedule)....... 30,265,976 Click to see attachment
List of Attached Documents:
// Content
29,493,842 		29,493,842
c Investments—corporate bonds (attach schedule)....... 11,523,828 Click to see attachment
List of Attached Documents:
// Content
11,398,291 		11,398,291
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 973,728 Click to see attachment
List of Attached Documents:
// Content
1,253,739 		1,253,739
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 47,459,100 46,158,815 46,158,815
Liabilities 17 Accounts payable and accrued expenses.......... 27,048 40,463
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
78,000 		Click to see attachment
List of Attached Documents:
// Content
132,000
23 Total liabilities (add lines 17 through 22)......... 105,048 172,463
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 47,354,052 45,986,352
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 47,354,052 45,986,352
30 Total liabilities and net assets/fund balances (see instructions). 47,459,100 46,158,815
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
47,354,052
2
Enter amount from Part I, line 27a .....................
2
-7,326,246
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
5,958,546
4
Add lines 1, 2, and 3 ..........................
4
45,986,352
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
45,986,352
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b ALTERNATIVE INVESTMENTS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 14,883,411   13,853,047 1,030,364
b     2,991 -2,991
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       1,030,364
b       -2,991
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,027,373
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 26,961
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 26,961
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 26,961
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 25,556
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 40,556
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 13,595
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow13,595 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
Yes
 
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowAPERCEN PARTNERS LLC Telephone no.right arrow (650) 804-7100

Located atright arrow314 LYTTON AVEPALO ALTOCA ZIP+4right arrow94301
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
THERESA PRESTON-WERNER CO-PRESIDENT/DIRECTOR
0.40 		0 0 0
314 LYTTON AVE
PALO ALTO,CA94301
THOMAS PRESTON-WERNER CO-PRESIDENT/DIRECTOR
0.40 		0 0 0
314 LYTTON AVE
PALO ALTO,CA94301
JAKE WERNER DIRECTOR
0.40 		0 0 0
314 LYTTON AVE
PALO ALTO,CA94301
TOM VAN LOBEN SELS CFO/CO-SECRETARY
0.10 		0 0 0
314 LYTTON AVE
PALO ALTO,CA94301
KATHLEEN GOSS CO-SECRETARY
0.10 		0 0 0
314 LYTTON AVE
PALO ALTO,CA94301
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
GOLDMAN SACHS & CO LLC INVESTMENT MANAGEMENT 270,298
200 WEST ST
NEW YORK,NY10282
APERCEN PARTNERS LLC ACCOUNTING & CONSULTING 137,369
314 LYTTON AVE
PALO ALTO,CA94301
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
46,560,012
b
Average of monthly cash balances.......................
1b
869,475
c
Fair market value of all other assets (see instructions)................
1c
1,253,754
d
Total (add lines 1a, b, and c).........................
1d
48,683,241
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
48,683,241
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
730,249
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
47,952,992
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,397,650
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
2,397,650
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
26,961
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
26,961
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,370,689
4
Recoveries of amounts treated as qualifying distributions................
4
160,000
5
Add lines 3 and 4............................
5
2,530,689
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,530,689
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
9,516,414
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
9,516,414
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 2,530,689
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...... 361,651
c From 2020...... 1,487,833
d From 2021...... 1,748,219
e From 2022...... 7,168,085
f Total of lines 3a through e ........ 10,765,788
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 9,516,414
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..... 2,530,689
e Remaining amount distributed out of corpus 6,985,725
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 17,751,513
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 ...... 		17,751,513
10 Analysis of line 9:
a Excess from 2019.... 361,651
b Excess from 2020.... 1,487,833
c Excess from 2021.... 1,748,219
d Excess from 2022.... 7,168,085
e Excess from 2023.... 6,985,725
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
THERESA PRESTON-WERNER
THOMAS PRESTON-WERNER
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

350 SEATTLE

5031 UNIVERSITY WAY NE
SEATTLE,WA98105 		  PC AMAZON EMPLOYEES FOR CLIMATE JUSTICE 100,000

ACCELERATE CHANGE INC

294 WASHINGTON ST STE 500
BOSTON,MA02108 		  PC GEN-Z FOR CIVIC ENGAGEMENT 25,000

ACCELERATE CHANGE INC

294 WASHINGTON ST STE 500
BOSTON,MA02108 		  PC GEN-Z FOR CHANGE 50,000

AFRICAN CLIMATE ALLIANCE NPC

11 GROVE AVE
CLAREMOUNT,CAPE TOWN7708
SF 		  PC GENERAL OPERATING SUPPORT 50,000

ALASKA PUBLIC INTEREST RESEARCH GROUP INC

PO BOX 201416
ANCHORAGE,AK99520 		  PC RURAL ELECTRIC COOPERATIVE SUPPORT 40,000

ALLIANCE FOR YOUTH ORGANIZING

915 5TH ST NW
WASHINGTON,DC20001 		  PC GENERAL OPERATING SUPPORT 100,000

ALTERNATIVE INFORMATION & DEVELOPMENT CENTRE

PO BOX 12943
MOWBRAY   7705
SF 		  PC WORK ON ENERGY DEMOCRACY 90,000

BENEFICIAL ELECTRIFICATION LEAGUE

3625 N POTOMAC ST
ARLINGTON,VA22213 		  PC CLEAN ENERGY PLANNING TECHNICAL ASSISTANCE 200,000

CENTER FOR EMPOWERED POLITICS EDUCATION FUND

1042 GRANT AVE 5TH FL
SAN FRANCISCO,CA94133 		  PC JUSTICE IS GLOBAL 150,000

CENTER FOR EMPOWERED POLITICS EDUCATION FUND

1042 GRANT AVE 5TH FL
SAN FRANCISCO,CA94133 		  PC JUSTICE IS GLOBAL 100,000

CENTER FOR PUBLIC ENTERPRISE INC

PO BOX 370108
BROOKLYN,NY11237 		  PC WORK ON ADVANCING PUBLIC OWNERSHIP OF ENERGY SYSTEMS IN THE US 200,000

CLIMATE 2025 LIMITED

3 CONCOURSE WAY
SHEFFIELD   S1 2BJ
UK 		  PC CLIMATE VANGUARD 46,673

CLIMATE 2025 LIMITED

3 CONCOURSE WAY
SHEFFIELD   S1 2BJ
UK 		  PC CLIMATE VANGUARD 100,000

COALITION FOR GREEN CAPITAL

1201 CONNECTICUT AVE NW STE 600
WASHINGTON,DC20036 		  PC WORK ON PUBLIC OWNERSHIP OF CLIMATE ASSETS 150,000

CONGRESSIONAL PROGRESSIVE CAUCUS CENTER

80 F ST NW
WASHINGTON,DC20001 		  PC WORK ON ENERGY DEMOCRACY 250,000

CUNY SCHOOL OF LABOR AND URBAN STUDIES FOUNDATION INC

25 WEST 43RD ST 19TH FL
NEW YORK,NY10036 		  PC GENERAL OPERATING SUPPORT 150,000

DKT INTERNATIONAL INC

1001 CONNECTICUT AVE NW STE 800
WASHINGTON,DC20036 		  PC WOMEN ON WAVES 75,000

EMPLOY AMERICA

1629 K ST NW STE 300
WASHINGTON,DC20006 		  PC WORK ON ENERGY SYSTEMS AND POLICY 200,000

FAIR ELECTIONS CENTER

1825 K ST NW STE 450
WASHINGTON,DC20006 		  PC CAMPUS VOTE PROJECT 50,000

FFWD

1002A OREILLY AVE
SAN FRANCISCO,CA94129 		  PC CLIMATE CABINET EDUCATION 100,000

FFWD

1002A OREILLY AVE
SAN FRANCISCO,CA94129 		  PC CLIMATE CABINET EDUCATION 100,000

GLOBAL FUND FOR WOMEN INC

PO BOX 97309
WASHINGTON,DC20090 		  PC CHAMPIONS FOR CLIMATE JUSTICE PROGRAM 258,000

GRIST MAGAZINE INC

1501 E MADISON ST STE 650
SEATTLE,WA98122 		  PC EXPANDED COVERAGE OF POWER SECTOR PUBLIC OWNERSHIP 100,000

HOPEWELL FUND

1828 L ST NW STE 300
WASHINGTON,DC20036 		  PC CONTRACEPTIVE ACCESS INITIATIVE 25,000

IF NOT NOW EDUCATION FUND

1629 K ST NW
WASHINGTON,DC20006 		  PC GAZA CRISIS RESPONSE 25,000

KENDRA ALEXANDER FOUNDATION

522 VALENCIA ST
SAN FRANCISCO,CA94110 		  PC CENTER FOR POLITICAL EDUCATION 100,000

LABOR EDUCATION & RESEARCH PROJECT

PO BOX 250-480
BROOKLYN,NY11225 		  PC GENERAL OPERATING SUPPORT 400,000

LAWYERS FOR GOOD GOVERNMENT INC

6218 GEORGIA AVE NW 5001
WASHINGTON,DC20011 		  PC EXPAND PUBLICLY-OWNED CLEAN ENERGY 200,000

MCMASTER UNIVERSITY

1280 MAIN ST WEST
HAMILTON,ONTARIOL8S 4L8
CA 		  PC PUBLIC BANKING FOR GREEN AND JUST TRANSITIONS PROJECT 140,000

MORE PERFECT UNION FOUNDATION

3033 WILSON BLVD STE E PMB 558
ARLINGTON,VA22201 		  PC GENERAL OPERATING SUPPORT 100,000

MOVEMENT ALLIANCE PROJECT

725 ELLSWORTH AVE
PHILADELPHIA,PA19147 		  PC LEFT ROOTS 100,000

NEW ECONOMY ORGANISERS NETWORK

OXFORD HOUSE DERBYSHIRE ST BETHNAL
GREEN
LONDON   E2 6HG
UK 		  PC WORKER-LED TRANSITION PROPOSAL 150,000

PANORAMA GLOBAL

2101 4TH AVE STE 2100
SEATTLE,WA98121 		  PC GENERAL OPERATING SUPPORT 37,000

PARTNERS IN EXPANDING HEALTH QUALITY AND ACCESS

2221 LA MESA CT
DAVIS,CA95618 		  PC REGENERATE AFRICA 30,000

PEOPLE'S ACTION INSTITUTE

1130 N MILWAUKEE AVE
CHICAGO,IL60642 		  PC GENERAL OPERATING SUPPORT 300,000

PLANNED PARENTHOOD FEDERATION OF AMERICA INC

123 WILLIAM ST 10TH FL
NEW YORK,NY10038 		  PC PLANNED PARENTHOOD GENERATION PROGRAM 25,000

POWERSWITCH ACTION

1305 FRANKLIN ST STE 501
OAKLAND,CA94612 		  PC GREEN WORKERS ALLIANCE 12,500

POWERSWITCH ACTION

1305 FRANKLIN ST STE 501
OAKLAND,CA94612 		  PC GREEN WORKERS ALLIANCE 150,000

RAILROAD WORKERS EDUCATION & LEGAL DEFENSE FOUNDATION

PO BOX 32
ROOPVILLE,GA30170 		  PC RAILROAD WORKER ORGANIZING STRATEGY FOR PUBLIC RAIL OWNERSHIP 200,000

RESOURCES LEGACY FUND

400 CAPITOL MALL STE 2150
SACRAMENTO,CA95814 		  PC CLIMATE POLICY GROUP - NET ZERO CALIFORNIA 200,000

ROCKEFELLER PHILANTHROPY ADVISORS INC

44 MONTGOMERY ST STE 850
SAN FRANCISCO,CA94104 		  PC URBAN MOVEMENT INNOVATION FUND 100,000

ROCKY MOUNTAIN INSTITUTE

22830 TWO RIVERS RD
BASALT,CO81621 		  PC EXPAND PUBLICLY-OWNED CLEAN ENERGY 75,000

RWENZORI CENTER FOR RESEARCH AND ADVOCACY

PO BOX 599 PLOT 5 KORO RD
KASESE TOWN    
UG 		  PC 1,000 WOMEN GARDENS PROJECT 65,000

SOUTHERN VISION ALLIANCE

PO BOX 51698
DURHAM,NC27717 		  PC SOUTHERN WORKERS ASSEMBLY 100,000

SOUTHERN VISION ALLIANCE

PO BOX 51698
DURHAM,NC27717 		  PC SOUTHERN WORKERS ASSEMBLY 10,000

SUNRISE MOVEMENT EDUCATION FUND

712 H ST NE UNIT 626
WASHINGTON,DC20002 		  PC GENERAL OPERATING SUPPORT 150,000

SUSTAINABLE MARKETS FOUNDATION

40 WEST 37TH ST 1000
NEW YORK,NY10018 		  PC STOP THE MONEY PIPELINE 100,000

THE HACK FOUNDATION

8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC COMMON WEALTH 125,000

THE HACK FOUNDATION

8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC YOUTH CLIMATE FINANCE ALLIANCE 50,000

THE HACK FOUNDATION

8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC GLOBAL YOUTH CLIMATE MOVEMENT 75,000

THE HACK FOUNDATION

8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC BANKING ON A BETTER FUTURE 42,800

THE HACK FOUNDATION

8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC COMMON WEALTH 250,000

THE HACK FOUNDATION

8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC FUTURE UGANDA (US) 10,000

THE HACK FOUNDATION

8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC ACTIVIST DEFENDERS FUND 15,000

THE INSTITUTE FOR MIDDLE EAST UNDERSTANDING

2913 EL CAMINO REAL STE 436
TUSTIN,CA92782 		  PC GAZA CRISIS RESPONSE 20,000

THE PARTNERSHIP PROJECT INC

PO BOX 65826
WASHINGTON,DC20035 		  PC CAMPUS CLIMATE NETWORK 80,000

TIDES CENTER

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC CLIMATE AND COMMUNITY PROJECT 200,000

TIDES CENTER

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC CLIMATE AND COMMUNITY PROJECT 275,000

TIDES CENTER

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC FOR THE MANY EDUCATION FUND 75,000

TIDES CENTER

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC CLIMATE AND COMMUNITY PROJECT 200,000

TIDES CENTER

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC CLIMATE AND COMMUNITY PROJECT 100,000

TIDES CENTER

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC FOR THE MANY EDUCATION FUND 100,000

TIDES CENTER

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC ARAB RESOURCE AND ORGANIZING CENTER 20,000

TIDES FOUNDATION

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC CENTER FOR WORKING FAMILIES 81,000

TIDES FOUNDATION

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC LEAD LOCALLY'S DIRECT PAY PROJECTS 66,500

TIDES FOUNDATION

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC GREEN NEW DEAL NETWORK 150,000

TIDES FOUNDATION

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC MASS LIBERATION AZ 100,000

TIDES FOUNDATION

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC CENTER FOR WORKING FAMILIES 14,000

TIDES FOUNDATION

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC CENTER FOR WORKING FAMILIES 100,000

TIDES FOUNDATION

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC GREEN NEW DEAL NETWORK 300,000

TRANS QUEER PUEBLO - SEMILLA DE LIBERACION

1726 EAST ROOSEVELT ST
PHOENIX,AZ85006 		  PC GENERAL OPERATING SUPPORT 100,000

TRAPPED VOICES INC

2115 SPARROW RD
CHESAPEAKE,VA23320 		  PC JAILHOUSE LAWYERS SPEAK 100,000

UE RESEARCH AND EDUCATION FUND

4 SMITHFIELD ST 9TH FL
PITTSBURGH,PA15222 		  PC INTERNATIONAL SOLIDARITY WORKER EXCHANGE IN MEXICO 15,000

UE RESEARCH AND EDUCATION FUND

4 SMITHFIELD ST 9TH FL
PITTSBURGH,PA15222 		  PC GENERAL OPERATING SUPPORT 300,000

UE RESEARCH AND EDUCATION FUND

4 SMITHFIELD ST 9TH FL
PITTSBURGH,PA15222 		  PC EMERGENCY WORKPLACE ORGANIZING COMMITTEE 70,000

UE RESEARCH AND EDUCATION FUND

4 SMITHFIELD ST 9TH FL
PITTSBURGH,PA15222 		  PC EMERGENCY WORKPLACE ORGANIZING COMMITTEE 30,000

UE RESEARCH AND EDUCATION FUND

4 SMITHFIELD ST 9TH FL
PITTSBURGH,PA15222 		  PC GENERAL OPERATING SUPPORT 100,000

URBAN AFFAIRS COALITION

1650 ARCH ST STE 2701
PHILADELPHIA,PA19103 		  PC PA YOUTH VOTE 25,000

US CLIMATE ACTION NETWORK

700 12TH ST NW STE 700
WASHINGTON,DC20005 		  PC CAN-TZ 10,000

VOICES FOR A SUSTAINABLE FUTURE INC

11 PINE AVE
TAKOMA PARK,MD20912 		  PC GENERAL OPERATING SUPPORT 250,000

WESTERN ORGANIZATION OF RESOURCE COUNCILS EDUCATION PROJECT

220 SOUTH 27TH ST STE B
BILLINGS,MT59101 		  PC RURAL ELECTRIC COOPERATIVE REFORM CAMPAIGN 100,000

WILDSIGHT

2-495 WALLINGER AVE
KIMBERLEY,BRITISH COLUMBIAV1A 1Z6
CA 		  PC YOUTH CLIMATE CORPS 110,000

WINDWARD FUND

1828 L ST NW STE 300C
WASHINGTON,DC20036 		  PC CLIMATE AND CONSERVATION 2.0 PROJECT 195,000

WOMEN DELIVER INC

588 BROADWAY STE 905
NEW YORK,NY10012 		  PC ADVANCING GENDER EQUALITY, CLIMATE JUSTICE AND SRHR 75,000
Total .................................right arrow 3a 9,408,473
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,295,513  
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 ............ 		    18 816,859  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aRETURN OF GRANTS PAID 		    01 160,000  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,272,372 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,272,372
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
128 COLLECTIVE INITIATIVES INC 501(C)(4) COMMON CONTROL
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
128 COLLECTIVE FOUNDATION
 
Employer identification number

83-2899018
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
128 COLLECTIVE FOUNDATION
  		Employer identification number
83-2899018
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
KRISTEN MCGUIRE
333 BUSH ST STE 1700
 
SAN FRANCISCO, CA94104

$ 503,240


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
128 COLLECTIVE FOUNDATION
  		Employer identification number

83-2899018
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PUBLICLY TRADED SECURITIES $ 503,240 2023-06-14
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
128 COLLECTIVE FOUNDATION
  		Employer identification number

83-2899018
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 186,326 93,163   85,183

TY 2023 GeneralExplanationAttachment
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Identifier Return Reference Explanation
SCHEDULE OF CONTROLLED ENTITIES PART VI-A, LINE 11 NAME OF CONTROLLED ENTITY: 128 COLLECTIVE INITIATIVES INCEMPLOYER ID NO: 84-2624417ADDRESS:314 LYTTON AVEPALO ALTO, CA 94301EXCESS BUSINESS HOLDING [ ] YES [X ] NO

TY 2023 InvestmentsCorpBondsSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Name of Bond End of Year Book Value End of Year Fair Market Value
3M COMPANY 33,747 33,747
ADOBE INC 67,283 67,283
AIR LEASE CORP 130,598 130,598
AMERIPRISE FINANCIAL INC 78,021 78,021
APPLE INC 84,827 84,827
ASTRAZENECA FINANCE LLC 197,174 197,174
AT&T INC 107,938 107,938
AUTOMATIC DATA PROCESSING INC 75,024 75,024
BANK OF AMERICA CORPORATION 251,786 251,786
BERRY GLOBAL INC 110,582 110,582
BLACKROCK INC 8,945 8,945
BP CAP MARKETS AMERICA 82,467 82,467
BP CAPITAL MARKETS PLC 74,086 74,086
BRISTOL-MYERS SQUIBB COMPANY 226,196 226,196
BROADCOM INC 71,073 71,073
BUNGE LIMITED FINANCE CORP 67,152 67,152
CALVERT HIGH YIELD BOND FUND CLASS I 2,401,084 2,401,084
CANADIAN IMPERIAL BANK OF COMMERCE 196,167 196,167
CHARLES SCHWAB CORPORATION 50,342 50,342
CHEVRON USA INC 108,585 108,585
CHURCH & DWIGHT CO INC 95,798 95,798
CITIGROUP INC 81,894 81,894
CLOROX COMPANY 87,714 87,714
CROWN CASTLE INTERNATIONAL CORPORATION 58,037 58,037
CUMMINS INC 138,784 138,784
CVS HEALTH CORPORATION 86,060 86,060
DOMINION ENERGY INC 117,130 117,130
DUKE ENERGY CAROLINAS 26,657 26,657
DUKE ENERGY PROGRESS LLC 89,648 89,648
EMERSON ELECTRIC CO 65,631 65,631
FEDERATED HERMES INSTITUTIONAL HIGH YIELD BOND FUND 2,402,632 2,402,632
FISERV INC 24,625 24,625
GENERAL MOTORS FINANCIAL COMPANY 72,237 72,237
HOME DEPOT INC 28,227 28,227
INTUIT INC 65,623 65,623
JM SMUCKER CO 25,934 25,934
JOHNSON & JOHNSON 62,524 62,524
JPMORGAN CHASE & CO 235,954 235,954
KEURIG DR PEPPER INC 58,791 58,791
KIMBERLY-CLARK CORP 184,122 184,122
KIMCO REALTY CORPORATION 12,984 12,984
KINDER MORGAN INC 93,763 93,763
MCDONALD'S CORPORATION 48,135 48,135
MITSUBISHI UFJ FINANCIAL GROUP 103,223 103,223
MORGAN STANLEY 68,849 68,849
NIKE INC 126,734 126,734
ORACLE CORPORATION 62,981 62,981
PAYPAL HOLDINGS INC 134,603 134,603
PIEDMONT NATURAL GAS CO 67,210 67,210
PNC FINANCIAL SERVICES GROUP 165,649 165,649
PROCTER & GAMBLE CO 136,729 136,729
PRUDENTIAL FINANCIAL INC 65,811 65,811
RALPH LAUREN CORP 162,704 162,704
ROPER TECHNOLOGIES INC 82,528 82,528
S&P GLOBAL INC 27,036 27,036
SANTANDER UK GROUP HOLDINGS 192,364 192,364
SKYWORKS SOLUTIONS INC 53,182 53,182
SPIRIT REALTY LP 53,050 53,050
SUMITOMO MITSUI FINANCIAL GROUP 199,004 199,004
SYNCHRONY FINANCIAL 99,641 99,641
TARGET CORP 24,072 24,072
TORONTO-DOMINION BANK 221,707 221,707
TOTAL CAPITAL INTERNATIONAL 87,849 87,849
TYCO ELECTRONICS GROUP 63,273 63,273
UNILEVER CAPITAL CORPORATION 148,454 148,454
UNION PACIFIC CORP 24,078 24,078
UNITEDHEALTH GROUP INCORPORATED 253,894 253,894
US BANCORP 80,909 80,909
VERIZON COMMUNICATIONS INC 106,776 106,776

TY 2023 InvestmentsCorpStockSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Name of Stock End of Year Book Value End of Year Fair Market Value
ABB LTD 14,359 14,359
ABBOTT LABORATORIES 121,627 121,627
ABBVIE INC 173,411 173,411
ACCENTURE PLC 144,926 144,926
ADIDAS AG 7,527 7,527
ADOBE INC 172,417 172,417
ADVANTEST CORPORATION 9,493 9,493
AENA SME SA 3,082 3,082
AES CORP 8,586 8,586
AFLAC INCORPORATED 25,163 25,163
AGILENT TECHNOLOGIES INC 23,496 23,496
AGL ENERGY LIMITED 181 181
AIA GROUP LIMITED 25,761 25,761
AIR LIQUIDE SA 28,015 28,015
AIR PRODUCTS & CHEMICALS INC 39,153 39,153
AISIN CORP 3,254 3,254
AJINOMOTO INC 6,598 6,598
AKAMAI TECHNOLOGIES INC 9,823 9,823
AKTIEBOLAGET ELECTROLUX 2,274 2,274
AKZO NOBEL NV 4,628 4,628
ALBEMARLE CORP 11,703 11,703
ALEXANDRIA REAL ESTATE EQUITIES INC 11,916 11,916
ALGONQUIN POWER & UTILITIES CO 4,506 4,506
ALLIANZ SE 22,718 22,718
ALLSTATE CORPORATION 23,517 23,517
ALPHABET INC CLASS A 523,558 523,558
ALPHABET INC CLASS C 444,493 444,493
AMADEUS IT GROUP SA 7,167 7,167
AMAZON.COM INC 875,022 875,022
AMCOR PLC 10,083 10,083
AMEREN CORPORATION 12,153 12,153
AMERICAN AIRLINES GROUP INC 5,523 5,523
AMERICAN ELECTRIC POWER INC 27,696 27,696
AMERICAN EXPRESS COMPANY 68,566 68,566
AMERICAN INTERNATIONAL GROUP INC 31,910 31,910
AMERICAN TOWER CORPORATION 64,332 64,332
AMERICAN WATER WORKS CO INC 17,159 17,159
AMGEN INC 97,639 97,639
AMPOL LIMITED 1,727 1,727
ANZ GROUP HOLDINGS LTD 25,982 25,982
AON PUBLIC LIMITED COMPANY 37,251 37,251
AP MOLLER-MAERSK 3,598 3,598
APPLE INC 1,782,828 1,782,828
APTIV PLC 16,329 16,329
ARCHER-DANIELS-MIDLAND COMPANY 24,121 24,121
ASHAI KASEI CORP 2,727 2,727
ASICS CORP 2,664 2,664
ASM INTERNATIONAL NV 6,749 6,749
ASML HOLDING NV 86,289 86,289
ASSA ABLOY AB 13,942 13,942
ASSICURAZIONI GENERALI SPA 4,231 4,231
ASSURANT INC 3,370 3,370
ASTELLAS PHARMA INC 7,462 7,462
ASTRAZENECA PLC 73,546 73,546
AT&T INC 76,517 76,517
ATLAS COPCO CLASS A 19,666 19,666
ATLAS COPCO CLASS B 6,760 6,760
AUCKLAND INTERNATIONAL AIRPORT 7,550 7,550
AUTODESK INC 32,139 32,139
AUTOMATIC DATA PROCESSING INC 62,203 62,203
AVALONBAY COMMUNITIES INC 15,914 15,914
AVERY DENNISON CORPORATION 9,502 9,502
AXA 19,090 19,090
BALL CORPORATION 11,044 11,044
BANCO BILBAO VIZCAYA SA 12,872 12,872
BANCO SANTANDER SA 16,684 16,684
BANK OF AMERICA CORPORATION 146,599 146,599
BANK OF MONTREAL 34,332 34,332
BANK OF NOVA SCOTIA 23,761 23,761
BARCLAYS PLC 14,097 14,097
BARRICK GOLD CORPORATION 14,924 14,924
BASF SE 11,854 11,854
BAXTER INTERNATIONAL 12,255 12,255
BAYERISCHE MOTOREN WERKE AKTIE 7,570 7,570
BCE INC 2,954 2,954
BECTON DICKINSON AND COMPANY 43,646 43,646
BEST BUY CO INC 9,628 9,628
BEZEQ 3,755 3,755
BHP GROUP LTD 58,678 58,678
BIOGEN INC 23,807 23,807
BLACKROCK INC 80,368 80,368
BNP PARIBAS 23,058 23,058
BOLIDEN AB 5,929 5,929
BORGWARNER INC 4,696 4,696
BOSTON PROPERTIES INC 6,666 6,666
BOSTON SCIENTIFIC CORP 54,284 54,284
BRAMBLES LIMITED 9,206 9,206
BRENNTAG AG 2,831 2,831
BRIDGESTONE CORP 6,338 6,338
BRISTOL-MYERS SQUIBB COMPANY 65,369 65,369
BROADRIDGE FINANCIAL SOLUTIONS INC 13,785 13,785
BROTHER INDUSTRIES LTD 798 798
BUREAU VERITAS 3,941 3,941
CAE INC 4,620 4,620
CAESARS ENTERTAINMENT INC 6,891 6,891
CAMPBELL SOUP CO 5,058 5,058
CANADIAN IMPERIAL BANK OF COMMERCE 21,133 21,133
CANADIAN NATIONAL RAILWAY CO 28,644 28,644
CANADIAN PACIFIC KANSAS CITY 29,727 29,727
CANON INC 7,831 7,831
CAP GEMINI 10,425 10,425
CAPITAL ONE FINANCIAL CORP 34,222 34,222
CARDINAL HEALTH INC 14,515 14,515
CARNIVAL CORPORATION 11,810 11,810
CARRIER GLOBAL CORPORATION 31,023 31,023
CASIO COMPUTER 608 608
CATERPILLAR INC 97,275 97,275
CBOE GLOBAL MARKETS INC 10,178 10,178
CBRE GROUP INC 18,246 18,246
CELLNEX TELECOM SA 6,598 6,598
CENCORA INC 21,565 21,565
CENTENE CORPORATION 24,860 24,860
CF INDUSTRIES HOLDINGS INC 10,017 10,017
CGI INC 8,791 8,791
CH ROBINSON WORLDWIDE INC 5,356 5,356
CHARLES SCHWAB CORPORATION 69,075 69,075
CHUBB LIMITED 58,760 58,760
CHUGAI PHARMACEUTICAL CO LTD 7,938 7,938
CISCO SYSTEMS INC 129,634 129,634
CITIGROUP INC 62,140 62,140
CITIZENS FINANCIAL GROUP INC 10,240 10,240
CME ENERGY CORPORATION 48,017 48,017
CMS ENERGY CORPORATION 12,195 12,195
COCA-COLA EUROPEAN PARTNERS PLC 868 868
COLGATE-PALMOLIVE CO 37,862 37,862
COLOPLAST AS 3,203 3,203
COMERICA INCORPORATED 4,688 4,688
COMMONWEALTH BANK OF AUSTRALIA 53,096 53,096
COMPAGNIE DE SAINT-GOBAIN 9,823 9,823
COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN 7,889 7,889
CONSTELLATION ENERGY CORP 23,261 23,261
CONTINENTAL AKTIENGESELLSCHAFT 2,889 2,889
CORTEVA INC 21,612 21,612
CRH PUBLIC LIMITED COMPANY 31,191 31,191
CSX CORPORATION 43,233 43,233
CUMMINS INC 21,082 21,082
CVS HEALTH CORPORATION 64,668 64,668
DAI NIPPON PRINTING LTD 2,634 2,634
DAI-ICHI LIFE HOLDINGS INC 6,919 6,919
DAIICHI SANKYO CO LTD 15,545 15,545
DAIKIN INDUSTRIES LTD 15,163 15,163
DAIWA HOUSE INDUSTRY LTD 9,939 9,939
DANONE 11,019 11,019
DASSAULT SYSTEMES 10,506 10,506
DAVITA INC 2,829 2,829
DBS GROUP HOLDINGS 20,262 20,262
DEERE & COMPANY 68,378 68,378
DELTA AIR LINES INC 16,937 16,937
DENSO CORP 9,957 9,957
DENTSU INC 2,002 2,002
DEUTSCHE BANK AG 7,805 7,805
DEUTSCHE BOERSE AG 9,250 9,250
DEUTSCHE POST AG 11,149 11,149
DEUTSCHE TKM 19,509 19,509
DEUTSCHE WOHNEN AG 5,805 5,805
DIAGEO PLC 34,230 34,230
DIGITAL REALTY TRUST INC 25,705 25,705
DISCO CORP 8,932 8,932
DOMINION ENERGY INC 22,936 22,936
DOW INC 25,007 25,007
DSV PANALPINA AS 7,730 7,730
DUKE ENERGY CORPORATION 47,550 47,550
EATON CORP PLC 61,891 61,891
EBARA CORP 3,198 3,198
EBAY INC 13,609 13,609
ECOLAB INC 30,546 30,546
EDWARDS LIFESCIENCES CORPORATION 28,823 28,823
ELEVANCE HEALTH INC 70,734 70,734
ELI LILLY & CO 294,958 294,958
EMERSON ELECTRIC CO 35,331 35,331
ENBRIDGE INC 26,727 26,727
ENDESA SA 2,631 2,631
ENEL SOCIETA PER AZIONI 13,418 13,418
ENERGIAS DE PORTUGAL SA 6,994 6,994
ENERGY INC 7,778 7,778
ENGIE 10,181 10,181
ENTERGY CORPORATION 13,357 13,357
EON AG 7,261 7,261
EPIROC AB 10,855 10,855
EQUINIX INC 48,323 48,323
EQUITY RESIDENTIAL 13,333 13,333
ERICSSON AMERICAN CLASS B 9,425 9,425
ESSEX PROPERTY TRUST INC 8,182 8,182
ESTEE LAUDER COMPANIES INC 21,499 21,499
ETSY INC 6,079 6,079
EVEREST GROUP LTD 9,547 9,547
EVERSOURCE ENERGY 14,381 14,381
EXELON CORPORATION 23,012 23,012
EXPEDITORS INTERNATIONAL OF WASHINGTON 9,540 9,540
EXTRA SPACE STORAGE INC 21,324 21,324
FACTSET RESEARCH SYSTEMS INC 12,403 12,403
FANUC CORPORATION 9,148 9,148
FAST RETAILING CO LTD 13,650 13,650
FEDERAL REALTY INVESTMENT TRUST 3,813 3,813
FEDEX CORPORATION 36,934 36,934
FERRARI NV 8,799 8,799
FIDELITY NATIONAL INFO SERVICES INC 21,926 21,926
FIFTH THIRD BANCORP 15,521 15,521
FIRSTENERGY CORP 12,391 12,391
FLEX LTD 4,478 4,478
FMC CORPORATION 4,287 4,287
FORD MOTOR COMPANY 31,060 31,060
FORTESCUE METALS GROUP LTD 12,198 12,198
FORTINET INC 23,880 23,880
FREEPORT-MCMORAN INC 39,633 39,633
FRESENIUS MEDICAL CARE 2,333 2,333
FRESENIUS SE & CO 2,605 2,605
FUJI ELECTRIC CO 2,626 2,626
FUJIFILM HOLDINGS CORPORATION 7,332 7,332
FUJITSU LTD 8,602 8,602
GEBERIT AG 3,971 3,971
GENERAL MILLS INC 24,362 24,362
GENERAL MOTORS COMPANY 31,358 31,358
GILDAN ACTIVEWEAR INC 2,810 2,810
GILEAD SCIENCES 63,350 63,350
GIVAUDAN SA 8,279 8,279
GLOBANT SA 4,760 4,760
GLOBE LIFE INC 2,678 2,678
GOLAR LNG LIMITED 391 391
GRIFOLS SA 2,462 2,462
GSK PLC 24,608 24,608
HAKUHODO DY HOLDINGS INC 1,150 1,150
HALLIBURTON COMPANY 20,352 20,352
HANG LUNG PROPERTIES LIMITED 2,884 2,884
HARTFORD FINANCIAL SERVICES GROUP 14,549 14,549
HASBRO INC 5,106 5,106
HEALTHPEAK PROPERTIES LLC 6,316 6,316
HEIDELBERG MATERIALS 1,860 1,860
HEINEKEN HOLDINGS NV 2,031 2,031
HEINEKEN NV 7,719 7,719
HENKEL AG & CO 2,817 2,817
HEWLETT PACKARD ENTERPRISE CO 13,686 13,686
HILTON WORLDWIDE HOLDINGS INC 29,316 29,316
HITACHI CONSTRUCTION MACHINERY CO LTD 2,274 2,274
HITACHI LTD 19,766 19,766
HOLOGIC INCORPORATED 10,718 10,718
HONDA MOTOR LTD 15,331 15,331
HONG KONG EXCHANGES & CLEARING LTD 13,625 13,625
HONGKONG LAND HOLDINGS LTD 557 557
HOST HOTELS & RESORTS INC 8,723 8,723
HP INC 16,279 16,279
HSBC HOLDINGS PLC 47,999 47,999
HUMANA INC 36,167 36,167
HUNTINGTON BANCSHARES INC 11,448 11,448
IBERDROLA SOCIEDAD ANONIMA 19,039 19,039
IDEMITSU KOSAN CO LTD 4,059 4,059
ILLINOIS TOOL WORKS 45,316 45,316
ILLUMINA INC 13,367 13,367
INDUSTRIA DE DISENO TEXTIL 11,891 11,891
INFINEON TECHNOLOGIES AG 13,195 13,195
INGERSOLL RAND INC 19,335 19,335
INTEL CORPORATION 132,710 132,710
INTERCONTINENTAL HOTELS GROUP 13,586 13,586
INTERNATIONAL BUSINESS MACHINES CORP 94,041 94,041
INTERNATIONAL FLAVORS & FRAGRANCE 12,550 12,550
INTERNATIONAL PAPER CO 7,483 7,483
INTERPUBLIC GROUP COMPANIES 7,377 7,377
INTESA SANPAOLO SPA 12,738 12,738
INVESCO LTD 8,795 8,795
IRON MOUNTAIN INCORPORATED 14,346 14,346
ISHARES RUSSELL 2000 SMALL-CAP INDEX FUND 3,157,073 3,157,073
ITOCHU CORP 20,944 20,944
ITOCHU TECHNO-SOLUTIONS CORPORATION 1,313 1,313
JB HUNT TRANSPORT SERVICES INC 8,789 8,789
JAPAN AIRLINES CO LTD 787 787
JERONIMO MARTINS SGPS SA 2,036 2,036
JOHNSON CONTROLS INTERNATIONAL 25,073 25,073
JPMORGAN CHASE & CO 310,262 310,262
KAO CORPORATION 6,006 6,006
KAWASAKI KISEN KAISHA LTD 3,497 3,497
KBC GROUP NV 24,682 24,682
KDDI CORPORATION 14,224 14,224
KELLANOVA 10,008 10,008
KERING 10,622 10,622
KESKO OYJ 1,554 1,554
KEURIG DR PEPPER INC 20,792 20,792
KEYCORP 10,238 10,238
KEYSIGHT TECHNOLOGIES INC 17,023 17,023
KIMCO REALTY OP LLC 8,162 8,162
KINDER MORGAN INC 20,074 20,074
KINGSPAN GROUP PUBLIC LIMITED 8,920 8,920
KLA CORP 50,573 50,573
KNORR-BREMSE AG 244 244
KOMATSU LTD 9,313 9,313
KONE OYJ 2,020 2,020
KONINKLIJKE AHOLD NV 7,357 7,357
KROGER COMPANY 19,061 19,061
KUBOTA CORP 5,796 5,796
KUEHNE & NAGEL INTERNATIONAL 4,476 4,476
KURITA WATER INDUSTRIES LIMITED 2,584 2,584
LAM RESEARCH CORPORATION 67,360 67,360
LAS VEGAS SANDS CORP 11,220 11,220
LEGRAND SA 8,046 8,046
LINDE PLC 126,088 126,088
LIXIL GROUP CORPORATION 1,998 1,998
LLOYDS BANKING GROUP PLC 18,391 18,391
LOREAL CO 33,453 33,453
LOWES COMPANIES INC 82,121 82,121
LVMH MOET HENNESSY LOUIS VUITTON SA 60,292 60,292
LYONDELLBASELL INDUSTRIES NV 14,642 14,642
M&T BANK CORPORATION 13,845 13,845
MANULIFE FINANCIAL CORP 16,995 16,995
MARATHON PETROLEUM CORPORATION 35,755 35,755
MARRIOTT INTERNATIONAL INC 34,729 34,729
MARSH & MCLENNAN CO 60,630 60,630
MARUBENI CORP 12,013 12,013
MARUI LTD 470 470
MASTERCARD INCORPORATED 224,344 224,344
MCCORMICK & CO 9,374 9,374
MEDIOBANCA BANCA DI CREDITO 2,661 2,661
MEDTRONIC PUBLIC LIMITED COMPANY 73,401 73,401
MERCEDES-BENZ GROUP AG 13,318 13,318
MERCK & CO 173,996 173,996
MERCK KGAA 4,616 4,616
META PLATFORMS INC 497,314 497,314
METLIFE INC 30,486 30,486
METTLER-TOLEDO INTERNATIONAL 18,194 18,194
MGM RESORTS INTERNATIONAL 8,042 8,042
MICRON TECHNOLOGY INC 58,373 58,373
MICROSOFT CORPORATION 1,769,644 1,769,644
MINERAL RESOURCES LTD 4,920 4,920
MITSUBISHI CHEMICAL HOLDINGS 3,463 3,463
MITSUBISHI ELECTRIC CORP 10,011 10,011
MITSUBISHI ESTATE LTD 9,206 9,206
MITSUBISHI UFJ FINANCIAL GROUP 31,564 31,564
MITSUI & CO LTD 21,045 21,045
MITSUI CHEMICALS INC 1,691 1,691
MITSUI FUDOSAN CO LTD 11,332 11,332
MITSUI OSK LINES LTD 4,021 4,021
MIZUHO FINANCIAL GROUP INC 11,865 11,865
MOHAWK INDUSTRIES INC 3,623 3,623
MOLSON COORS BEVERAGE CO 7,284 7,284
MONCLER SPA 3,692 3,692
MONDELEZ INTERNATIONAL INC 61,783 61,783
MOODY'S CORPORATION 45,305 45,305
MORGAN STANLEY 83,459 83,459
MS&AD INSURANCE GROUP HOLDINGS 6,629 6,629
MSCI INC 32,242 32,242
MUENCHENER RUECKVERSICHERUNGS 12,058 12,058
MURATA MANUFACTURING CO LTD 12,929 12,929
NASDAQ INC 15,523 15,523
NATIONAL AUSTRALIA BANK LIMITED 36,837 36,837
NATIONAL GRID PLC 27,672 27,672
NATWEST GROUP PLC 7,972 7,972
NESTE OYJ 2,793 2,793
NESTLE SA 76,813 76,813
NEWMONT CORP 29,925 29,925
NEWS CORPORATION CLASS A 5,892 5,892
NEWS CORPORATION CLASS B 1,080 1,080
NEXI SPA 2,863 2,863
NEXTERA ENERGY INC 78,841 78,841
NIKE INC 84,902 84,902
NIKON CORP 1,376 1,376
NIPPON TELEGRAPH & TELEPHONE 9,991 9,991
NIPPON YUSEN KABUSHIKI KAISHA 5,569 5,569
NISOURCE INC 6,850 6,850
NISSAN MOTOR CO LTD 3,995 3,995
NN GROUP NV 4,068 4,068
NOKIA CORPORATION 3,222 3,222
NOMURA HOLDINGS INC 6,089 6,089
NOMURA RESEARCH INSTITUTE LTD 5,789 5,789
NORDEA BANK ABP 10,392 10,392
NORDIC SEMICONDUCTOR ASA 1,861 1,861
NORFOLK SOUTHERN CORP 34,511 34,511
NORSK HYDRO ASA 7,496 7,496
NORTHERN TRUST CORP 16,285 16,285
NORWEGIAN CRUISE LINE HOLDINGS LTD 5,371 5,371
NOVARTIS AG 47,759 47,759
NOVO-NORDISK AS 77,484 77,484
NOVOZYMES A/S 2,750 2,750
NSK LTD 888 888
NTT DATA GROUP CORP 3,417 3,417
NUTRIEN LTD 12,224 12,224
NVIDIA CORPORATION 775,019 775,019
OJI HOLDINGS CORPORATION 1,618 1,618
OLYMPUS CORPORATION 6,137 6,137
OMRON CORP 3,269 3,269
ON SEMICONDUCTOR CORPORATION 22,971 22,971
ONEOK INC 25,841 25,841
ORANGE 6,378 6,378
ORIENTAL LAND CO LTD 12,254 12,254
ORKLA AS 6,203 6,203
ORSTED AS 3,143 3,143
OTIS WORLDWIDE CORPORATION 22,815 22,815
PACCAR INC 31,834 31,834
PACKAGING CORP OF AMERICA 8,797 8,797
PANASONIC HOLDINGS CORPORATION 8,123 8,123
PARAMOUNT GLOBAL 4,955 4,955
PARKER-HANNIFIN CORP 38,238 38,238
PAYCHEX INC 24,060 24,060
PAYPAL HOLDINGS INC 42,189 42,189
PEARSON PLC 5,961 5,961
PENTAIR PLC 6,689 6,689
PEPSICO INC 146,912 146,912
PERNOD RICARD 12,212 12,212
PFIZER INC 102,953 102,953
PHILLIPS 66 36,614 36,614
PINNACLE WEST CAPITAL CORP 4,813 4,813
PNC FINANCIAL SERVICES GROUP 38,713 38,713
PPG INDUSTRIES INC 22,732 22,732
PRINCIPAL FINANCIAL GROUP INC 13,059 13,059
PROLOGIS INC 79,180 79,180
PROSUS NV 13,963 13,963
PRUDENTIAL CORP 18,005 18,005
PRUDENTIAL FINANCIAL INC 26,446 26,446
PRYSMIAN SPA 3,070 3,070
PUBLIC SERVICES ENTERPRISE GROUP HOLDING CO 18,100 18,100
PUBLIC STORAGE 31,415 31,415
PUBLICIS GROUPE SA 6,797 6,797
PULTEGROUP INC 12,490 12,490
QBE INSURANCE GROUP LIMITED 5,791 5,791
QUALCOMM INC 101,096 101,096
QUEST DIAGNOSTICS INCORPORATED 8,273 8,273
RAKUTEN GROUP INC 1,466 1,466
RALPH LAUREN CORP 3,461 3,461
RBC EMERGING MARKETS EQUITY FUND 907,826 907,826
RECRUIT HOLDINGS CO LTD 21,993 21,993
REDEIA CORPORATION 1,318 1,318
REGENCY CENTERS CORPORATION 6,767 6,767
REGENERON PHARMACEUTICAL INC 58,845 58,845
REGIONS FINANCIAL CORPORATION 10,853 10,853
RELX PLC 30,340 30,340
RENTOKIL INITIAL PLC 11,644 11,644
REPUBLIC SERVICES INC 20,944 20,944
RESONAC HOLDINGS CORP 718 718
RIO TINTO PLC 54,356 54,356
ROBERT HALF INC 5,011 5,011
ROCHE HOLDING AG 52,872 52,872
ROCKWELL AUTOMATION INC 22,355 22,355
ROGERS COMMUNICATIONS INC 9,175 9,175
ROHM CO LTD 3,355 3,355
ROYAL BANK OF CANADA 57,745 57,745
ROYAL CARIBBEAN GROUP 19,165 19,165
RWE AG 8,871 8,871
S&P GLOBAL INC 96,474 96,474
SALESFORCE INC 161,305 161,305
SAMPO OYJ 4,857 4,857
SAND VIK 11,708 11,708
SANDOZ GROUP 3,408 3,408
SANDS CHINA LTD 3,804 3,804
SANOFI 30,932 30,932
SANTEN PHARMACEUTICAL CO LTD 2,302 2,302
SAP SE 34,783 34,783
SCHLUMBERGER LTD 46,524 46,524
SCHNEIDER ELECTRIC SE 30,322 30,322
SECOM LTD 4,826 4,826
SEIKO EPSON CORPORATION 2,754 2,754
SEKISUI CHEMICAL CO LTD 4,397 4,397
SEKISUI HOUSE LTD 3,599 3,599
SEMPRA ENERGY 30,714 30,714
SERVICENOW INC 91,137 91,137
SEVEN & I HOLDINGS CO LTD 10,279 10,279
SGS SA 2,155 2,155
SHIN-ETSU CHEMICAL CO LTD 25,581 25,581
SHIONOGI & CO LTD 4,472 4,472
SHISEIDO CO LTD 4,675 4,675
SIEMENS AKTIENGESELLSCHAFT 33,224 33,224
SIEMENS HEALTHINEERS 4,619 4,619
SIKA AG 14,732 14,732
SIMON PROPERTY GROUP INC 30,382 30,382
SINGAPORE AIRLINES LIMITED 1,810 1,810
SINGAPORE TELECOMMUNICATIONS LTD 8,314 8,314
SKANSKA AB 3,926 3,926
SKF AB 4,295 4,295
SMITH & NEPHEW PLC 10,366 10,366
SODEXO 2,861 2,861
SOFTBANK CORP 8,500 8,500
SOFTBANK GROUP CORP 13,749 13,749
SOMPO JAPAN NIPPON KOA HOLDINGS 5,968 5,968
SONY GROUP CORPORATION 35,035 35,035
SOUTH32 LIMITED 6,442 6,442
SOUTHWEST AIRLINES CO 10,859 10,859
SPARK NEW ZEALAND LTD 3,313 3,313
STANLEY BLACK & DECKER INC 8,829 8,829
STANTEC INC 5,774 5,774
STARBUCKS CORP 68,935 68,935
STATE STREET CORPORATION 20,372 20,372
STATE STREET HEDGED INTERNATIONAL DEVELOPED EQUITY INDEX FUND 3,696,413 3,696,413
STELLANTIS NV 11,403 11,403
STMICROELECTRONICS NV 7,419 7,419
STORA ENSO OYJ 1,813 1,813
SUBARU CORP 4,531 4,531
SUBSEA 7 SA 3,444 3,444
SUMCO CORPORATION 1,590 1,590
SUMITOMO CHEMICAL CO LTD 1,793 1,793
SUMITOMO CORPORATION 12,371 12,371
SUMITOMO CORPORATION 4,356 4,356
SUMITOMO METAL MINING CO LTD 3,433 3,433
SUMITOMO MITSUI FINANCIAL GROUP 19,186 19,186
SUN HUNG KAI PROP LTD 8,641 8,641
SUN LIFE FINANCIAL INC 12,913 12,913
SWEDBANK AB 10,329 10,329
SWISS RE LTD 7,752 7,752
SWISSCOM 1,202 1,202
SYNCHRONY FINANCIAL 10,617 10,617
SYSCO CORPORATION 23,475 23,475
SYSMEX CORPORATION 3,957 3,957
T ROWE PRICE GROUP INC 20,030 20,030
TAIYO YUDEN LTD 1,587 1,587
TAKEDA PHARMACEUTICAL CO LTD 13,528 13,528
TAPESTRY INC 5,301 5,301
TARGET CORP 42,156 42,156
TDK CORPORATION 6,670 6,670
TE CONNECTIVITY LTD 27,398 27,398
TECK RESOURCES LIMITED 8,369 8,369
TELEFONICA SA 5,842 5,842
TELENOR ASA 9,621 9,621
TELSTRA CORP 9,525 9,525
TENARIS SA 1,356 1,356
TERNA RETE ELETTRICA NAZIONALE 4,131 4,131
TERUMO CORPORATION 9,016 9,016
TESLA INC 435,585 435,585
TEVA PHARMACEUTICAL IND LTD 16,307 16,307
THE BANK OF NY MELLON CORP 31,855 31,855
THE CIGNA GROUP 55,698 55,698
THE COCA-COLA COMPANY 144,379 144,379
THE HERSHEY COMPANY 13,797 13,797
THE HOME DEPOT INC 220,752 220,752
THE KRAFT HEINZ CO 18,305 18,305
THE MOSAIC COMPANY 7,539 7,539
THE PROCTER & GAMBLE COMPANY 217,172 217,172
THE SONOVA HOLDING AG 5,542 5,542
THE TRAVELERS COMPANIES INC 26,478 26,478
THE WALT DISNEY COMPANY 104,917 104,917
THE WILLIAMS COMPANIES INC 25,705 25,705
THERMO FISHER SCIENTIFIC INC 131,636 131,636
THOMSON REUTERS CORPORATION 7,019 7,019
TJX COMPANIES INC 66,887 66,887
T-MOBILE US INC 50,504 50,504
TOKIO MARINE HOLDINGS INC 15,495 15,495
TOKYO ELECTRON LIMITED 27,319 27,319
TORAY INDUSTRIES INC 3,390 3,390
TORONTO-DOMINION BANK 47,948 47,948
TOTO LTD 2,002 2,002
TOYOTA MOTOR CORPORATION 62,716 62,716
TRACTOR SUPPLY COMPANY 14,192 14,192
TRANE TECHNOLOGIES PUBLIC LIMITED 37,805 37,805
TRUIST FINANCIAL CORPORATION 31,271 31,271
TYSON FOODS INC CLASS A 8,869 8,869
UBS GROUP AG 24,720 24,720
UMICORE SA/NV 4,374 4,374
UNICREDIT SOCIETA PER AZIONI 11,709 11,709
UNILEVER PLC 46,250 46,250
UNION PACIFIC CORP 94,809 94,809
UNITED PARCEL SERVICE INC 73,269 73,269
UNITED RENTALS INC 25,804 25,804
UNITEDHEALTH GROUP INCORPORATED 308,511 308,511
UOL GROUP LIMITED 3,123 3,123
UPM-KYMMENE OYJ 6,848 6,848
US BANCORP 43,670 43,670
VENTAS INC 13,008 13,008
VEOLIA ENVIRONNEMENT 8,014 8,014
VERISK ANALYTICS INC 21,259 21,259
VERIZON COMMUNICATIONS INC 99,792 99,792
VESTAS WIND SYSTEMS AS 8,426 8,426
VF CORP 4,004 4,004
VIATRIS INC 7,754 7,754
VINCI SA 19,970 19,970
VISA INC 260,610 260,610
VODAFONE GROUP PLC 13,737 13,737
VOLKSWAGEN AKTIENGESELLSCHAFT 6,404 6,404
VOLVO AB 20,956 20,956
VONOVIA SE 13,730 13,730
WALGREENS BOOTS ALLIANCE INC 11,854 11,854
WALMART INC 141,570 141,570
WASTE MANAGEMENT INC 40,656 40,656
WATERS CORPORATION 11,852 11,852
WEC ENERGY GROUP INC 16,329 16,329
WELLS FARGO & CO 112,960 112,960
WELLTOWER INC 31,830 31,830
WESFARMERS LIMITED 24,677 24,677
WESTROCK COMPANY 6,934 6,934
WEYERHAEUSER COMPANY 16,446 16,446
WHIRLPOOL CORP 4,871 4,871
WILMAR INTERNATIONAL LIMITED 2,842 2,842
WPP PLC 15,603 15,603
WW GRAINGER INC 22,375 22,375
XCEL ENERGY INC 19,935 19,935
XYLEM INC 17,040 17,040
YAMAHA CORPORATION 1,317 1,317
YAMAHA MOTOR CO LTD 2,882 2,882
YARA INTERNATIONAL ASA 6,526 6,526
YASKAWA ELECTRIC CORP 4,930 4,930
YOKOGAWA ELECTRIC CORPORATION 1,831 1,831
YUM BRANDS INC 21,820 21,820
Z HOLDINGS CORPORATION 3,637 3,637
ZURICH INSURANCE GROUP LTD 18,803 18,803

TY 2023 InvestmentsGovtObligationsSch
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
US Government Securities - End of Year Book Value:

3,440,264
US Government Securities - End of Year Fair Market Value:

3,440,264
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsOtherSchedule2
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ACCRUED INTEREST FMV 88,958 88,958
BLUE BEAR CAPITAL PARTNERS II LP FMV 209,636 209,636
CVI CLEAN ENERGY FUND C LP FMV 557,876 557,876
G2VP II LLC FMV 199,557 199,557
GROUNDFORCE GROWTH I LP FMV 197,712 197,712

TY 2023 LegalFeesSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 16,622 0   19,148


TY 2023 OtherExpensesSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LICENSES AND FEES 200 0   220
OTHER EXPENSES 3,390 0   3,390
BOND PREMIUM AMORTIZATION 27,437 27,437   0
ALTERNATIVE INVESTMENT EXPENSES 0 26,502   0
OTHER INVESTMENT EXPENSES 7,623 7,623   0


TY 2023 OtherIncomeSchedule2
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ALTERNATIVE INVESTMENTS 0 37,325 0
RETURN OF GRANTS PAID 160,000   160,000


TY 2023 OtherIncreasesSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Description Amount
UNREALIZED GAIN ON INVESTMENTS 5,958,546


TY 2023 OtherLiabilitiesSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Description Beginning of Year - Book Value End of Year - Book Value
EXCISE TAX PAYABLE 6,000 0
DEFERRED TAX LIABILITY 72,000 132,000


TY 2023 OtherProfessionalFeesSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 270,298 270,298   0


TY 2023 TaxesSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 24,489 24,489   0
EXCISE TAX 157,000 0   0