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
THEE MUSTARD SEED FOUNDATION
C/O TEN MOUNTAIN CAPITAL
Number and street (or P.O. box number if mail is not delivered to street address)38 NEWBURY STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA02116
A Employer identification number

26-0873247
B Telephone number (see instructions)

(617) 262-5979
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$43,299,241J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,780,124
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 590,768 590,768  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 590,569
b Gross sales price for all assets on line 6a 6,469,386
7 Capital gain net income (from Part IV, line 2)... 2,753,991
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
53,863 57,706 0
12 Total. Add lines 1 through 11........ 4,015,324 3,402,465 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,775 887 0 888
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
94,882 73,037 0 21,845
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
10,210 10,210 0 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
25,759 24,961 0 798
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 132,626 109,095 0 23,531
25 Contributions, gifts, grants paid....... 2,774,218 2,774,218
26 Total expenses and disbursements. Add lines 24 and 25 2,906,844 109,095 0 2,797,749
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,108,480
b Net investment income (if negative, enter -0-) 3,293,370
c Adjusted net income (if negative, enter -0-)... 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............. 90,120 456,751 456,751
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 228,847 Click to see attachment
List of Attached Documents:
// Content
261,062 		261,062
b Investments—corporate stock (attach schedule)....... 15,127,081 Click to see attachment
List of Attached Documents:
// Content
22,690,953 		35,677,508
c Investments—corporate bonds (attach schedule).......      
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).......... 12,104,191 Click to see attachment
List of Attached Documents:
// Content
5,249,836 		6,903,844
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
76 		Click to see attachment
List of Attached Documents:
// Content
76
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 27,550,239 28,658,678 43,299,241
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 27,550,239 28,658,719
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 -41
29 Total net assets or fund balances (see instructions)..... 27,550,239 28,658,678
30 Total liabilities and net assets/fund balances (see instructions). 27,550,239 28,658,678
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
27,550,239
2
Enter amount from Part I, line 27a .....................
2
1,108,480
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
28,658,719
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
41
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
28,658,678
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 373 SHS OF DANAHER CORP. D    
b FIDELITY ACCOUNT NO. 9143 D    
c FIDELITY ACCOUNT NO. 9143 D    
d DISPOSITION OF HUDSON WAY OFFSHORE FUND P    
e FIDELITY ACCOUNT NO. 9143 P    
THRU SCHEDULE K-1 INVESTMENTS P    
DISPOSITION OF MULTI-STRATEGY SEG. PORTFOLIO OFFSHORE FUND P    
FIDELITY ACCOUNT NO. 9143 P    
CAPITAL GAINS DIVIDENDS P    
(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 99,090   24,193 74,897
b 2,277,297   587,721 1,689,576
c 409,377   4,788 404,589
d 577,804   319,918 257,886
e 1,753,578   1,948,659 -195,081
392,560     392,560
500,000   462,287 37,713
354,414   367,829 -13,415
105,266     105,266
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       74,897
b       1,689,576
c       404,589
d       257,886
e       -195,081
      392,560
      37,713
      -13,415
      105,266
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 2,753,991
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 45,778
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 45,778
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 45,778
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 23,918
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 75,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 98,918
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 53,140
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow53,140 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 arrowMA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowCANDACE JEROME Telephone no.right arrow (302) 830-4194

Located atright arrowC/O TMC 38 NEWBURY STREETBOSTONMA ZIP+4right arrow02116
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)
 
No
(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
 
 
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
ARTHUR S DEMOULAS DIRECTOR
4.00 		0 0 0
C/O TEN MOUNTAIN CAPITAL 38 NEWBURY
STREET
BOSTON,MA02116
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
FIDELITY INVESTMENTS INVESTMENT MANAGEMENT 73,037
PO BOX 28019
ALBURQUERQUE,NM87125
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
32,905,593
b
Average of monthly cash balances.......................
1b
318,219
c
Fair market value of all other assets (see instructions)................
1c
10,245,620
d
Total (add lines 1a, b, and c).........................
1d
43,469,432
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
43,469,432
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
652,041
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
42,817,391
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,140,870
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
2,140,870
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
45,778
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
45,778
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,095,092
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,095,092
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
2,095,092
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
2,797,749
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
2,797,749
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 2,095,092
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...... 633,988
b From 2019...... 28,560
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 662,548
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,797,749
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..... 2,095,092
e Remaining amount distributed out of corpus 702,657
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 1,365,205
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) ... 		633,988
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		731,217
10 Analysis of line 9:
a Excess from 2019.... 28,560
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 702,657
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).)
ARTHUR S DEMOULAS
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

ARCHDIOCESE OF BOSTON - CARDINAL'S INSPIRING HOPE CAMPAIGN

66 BROOKS DR
BRAINTREE,MA02184 		NONE PUBLIC CHARITY GENERAL FUND 200,000

BOSTON COLLABORATIVE INC

PO BOX 365988
HYDE PARK,MA02136 		NONE PUBLIC CHARITY GENERAL FUND 25,000

BY THE HAND CLUB FOR KIDS

PO BOX 10043
CHICAGO,IL60610 		NONE PUBLIC CHARITY GENERAL FUND 190,000

CAMP HARBOR VIEW FOUNDATION INC

79 NEWBURY STREET
BOSTON,MA02116 		NONE PUBLIC CHARITY GENERAL FUND 200,000

CAMPAIGN FOR CATHOLIC SCHOOLS

66 BROOKS DRIVE
BRAINTREE,MA02184 		NONE PUBLIC CHARITY GENERAL FUND 198,850

CATHOLIC CHARISMATIC RENEWAL (GHANA)

PO BOX 4681
KUMASI    
GH 		NONE FOREIGN PUBLIC CHARI GENERAL FUND 94,939

ELEVATE NEW ENGLAND INC

403 ANDOVER STREET
LOWELL,MA01852 		NONE PUBLIC CHARITY GENERAL FUND 125,000

HEART OF THE FATHER MINISTRIES

PO BOX 905
ARDMORE,PA19003 		NONE PUBLIC CHARITY GENERAL FUND 11,400

IMMACULATE CONCEPTION (JEDBURGH) AND ST MARY'S CHURCH (KELSO)

BOWMONT ST
KELSO TD DZ    
UK 		NONE FOREIGN PUBLIC CHARI GENERAL FUND 12,270

KIDS ALIVE INTERNATIONAL

2555 NORTHWINDS PKWY SUITE 1300
ALPHARETTA,GA30009 		NONE PUBLIC CHARITY GENERAL FUND 90,000

MASS DOWN SYNDROME CONGRESS

20 BURLINGTON MALL ROAD 261
BURLINGTON,MA01803 		NONE PUBLIC CHARITY GENERAL FUND 10,000

MY NAME'5 DODDIE FOUNDATION

THORN HOUSE 5 ROSE ST
EDINBURGH   EH2 2PR
UK 		NONE PUBLIC CHARITY GENERAL FUND 3,120

PINE STREET INN

444 HARRISON AVE
BOSTON,MA02118 		NONE PUBLIC CHARITY GENERAL FUND 185,000

QUEEN'S HOUSE (KELSO) LTD

ANGRAFLAT ROAD
KELSO,SCOTTISH BORDERSTD5 7NS
UK 		NONE FOREIGN PUBLIC CHARI GENERAL FUND 104,179

RON BURTON TRAINING VILLAGE

PO BOX 2
HUBBARDSTON,MA01452 		NONE PUBLIC CHARITY GENERAL FUND 380,000

ROXBURY PRESBYTERIAN CHURCH SOCIAL IMPACT CENTER

328 WARREN ST
BOSTON,MA02119 		NONE PUBLIC CHARITY GENERAL FUND 15,000

SAMARITAN WOMENINSTITUTE FOR SHELTER CARE

208 N SECOND AVENUE
LAGRANGE,KY40031 		NONE PUBLIC CHARITY GENERAL FUND 50,000

ST ANTHONY'S SHRINE

100 ARCH STREET
BOSTON,MA02110 		NONE PUBLIC CHARITY GENERAL FUND 100,000

ST MARY CATHOLIC CHURCH

533 EAST MAIN STREET
ASPEN,CO81611 		NONE PUBLIC CHARITY GENERAL FUND 50,000

THE COREY C GRIFFIN CHARITABLE FOUNDATION

205 NEWBURY STREET 410
FRAMINGHAM,MA01701 		NONE PUBLIC CHARITY GENERAL FUND 275,000

THE COUNTRY FOOD TRUST

PO BOX 114
GLOUCESTERHIRE   GL11 9BQ
UK 		NONE FOREIGN PUBLIC CHARI GENERAL FUND 24,460

THE WELLHOUSE

PO BOX 868
ODENVILLE,AL35120 		NONE PUBLIC CHARITY GENERAL FUND 80,000

URBAN IMPACT

172-219 ST STEPHENS RD
BRIDGEPORT,CT06605 		NONE PUBLIC CHARITY GENERAL FUND 350,000
Total .................................right arrow 3a 2,774,218
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 ....     14 590,768  
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 .....     14 57,706  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 590,569  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aNET UBTI FROM PARTNERSHIPS 		900001 -6,254      
bUBTI CAPITAL GAINS FROM PARTNERSHIPS 900001 2,411      
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -3,843 1,239,043 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,235,200
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


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

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THEE MUSTARD SEED FOUNDATION
C/O TEN MOUNTAIN CAPITAL
Employer identification number

26-0873247
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
THEE MUSTARD SEED FOUNDATION
C/O TEN MOUNTAIN CAPITAL 		Employer identification number
26-0873247
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
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 88,107


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 32,936


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 41,097


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 24,509


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 68,933


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 354,828


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
THEE MUSTARD SEED FOUNDATION
C/O TEN MOUNTAIN CAPITAL 		Employer identification number
26-0873247
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
7
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 37,030


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
8
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 44,303


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
9
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 46,715


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
10
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 166,055


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
11
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 64,445


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
12
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 42,659


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
THEE MUSTARD SEED FOUNDATION
C/O TEN MOUNTAIN CAPITAL 		Employer identification number
26-0873247
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
13
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 203,414


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
14
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 85,029


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
15
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 25,228


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
16
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 48,020


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
17
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 34,708


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
18
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 75,033


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
THEE MUSTARD SEED FOUNDATION
C/O TEN MOUNTAIN CAPITAL 		Employer identification number
26-0873247
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
19
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 34,544


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
20
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 27,407


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
21
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 28,800


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
22
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 52,009


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
23
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 41,780


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
24
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 29,533


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
THEE MUSTARD SEED FOUNDATION
C/O TEN MOUNTAIN CAPITAL 		Employer identification number
26-0873247
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
25
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 34,228


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
26
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 57,185


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
27
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 586,504


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
28
ARTHUR DEMOULAS
 
38 NEWBURY STREET
 
BOSTON, MA02116

$ 405,085


(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
THEE MUSTARD SEED FOUNDATION
C/O TEN MOUNTAIN CAPITAL 		Employer identification number

26-0873247
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
 2151 SHS HALLIBURTON CO COM $ 88,107 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 1900 SHS PATTERSON-UTI ENERGY INC COM $ 32,936 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 400 SHS STEEL DYNAMICS INC $ 41,097 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
4
 910 SHS UNITED STATES STEEL CORP $ 24,509 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
5
 160 SHS DEERE & CO $ 68,933 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
6
 2695 SHS APPLE INC $ 354,828 2023-01-09
Schedule B (Form 990) (2023)
Name of organization
THEE MUSTARD SEED FOUNDATION
C/O TEN MOUNTAIN CAPITAL 		Employer identification number

26-0873247
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
7
 15 SHS AUTOZONE INC COM $ 37,030 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
8
 53 SHS OREILLY AUTOMOTIVE INC COM $ 44,303 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
9
 80 SHS BROADCOM INC COM $ 46,715 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
10
 336 SHS UNITEDHEALTH GROUP INC $ 166,055 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
11
 731 SHS MORGAN STANLEY COM $ 64,445 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
12
 456 SHS DR HORTON INC COM STK $ 42,659 2023-01-09
Schedule B (Form 990) (2023)
Name of organization
THEE MUSTARD SEED FOUNDATION
C/O TEN MOUNTAIN CAPITAL 		Employer identification number

26-0873247
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
13
 546 SHS MASTERCARD INCORPORATED CL A $ 203,414 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
14
 373 SHS DANAHER CORPORATION COM $ 85,029 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
15
 71 SHS S&P GLOBAL INC COM $ 25,228 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
16
 296 SHS EATON CORPORATION PLC $ 48,020 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
17
 137 SHS HCA HEALTHCARE INC COM $ 34,708 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
18
 421 SHS TEXAS INSTRUMENTS INC COM $ 75,033 2023-01-09
Schedule B (Form 990) (2023)
Name of organization
THEE MUSTARD SEED FOUNDATION
C/O TEN MOUNTAIN CAPITAL 		Employer identification number

26-0873247
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
19
 266 SHS HILTON WORLDWIDE HLDGS INC $ 34,544 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
20
 57 SHS COSTCO WHOLESALE CORP COM $ 27,407 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
21
 226 SHS JACOBS SOLUTIONS INC COM $ 28,800 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
22
 618 SHS NEXTERA ENERGY INC COM $ 52,009 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
23
 1292 SHS CSX CORP COM $ 41,780 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
24
 96 SHS AON PLC SHS CL A COM $ 29,533 2023-01-09
Schedule B (Form 990) (2023)
Name of organization
THEE MUSTARD SEED FOUNDATION
C/O TEN MOUNTAIN CAPITAL 		Employer identification number

26-0873247
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
25
 131 SHS ESTEE LAUDER COMPANIES INC COM CLASS A $ 34,228 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
26
 184 SHS PARKER-HANNIFIN CORP COM $ 57,185 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
27
 2,563 SHS MICROSOFT CORP $ 586,504 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
28
 19,950 SHS MP MATERIALS CORP. COM CL A $ 405,085 2023-12-28
(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
THEE MUSTARD SEED FOUNDATION
C/O TEN MOUNTAIN CAPITAL 		Employer identification number

26-0873247
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:
THEE MUSTARD SEED FOUNDATION
 
C/O TEN MOUNTAIN CAPITAL
EIN:
26-0873247
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 1,775 887 0 888

TY 2023 GeneralExplanationAttachment
Name:
THEE MUSTARD SEED FOUNDATION
 
C/O TEN MOUNTAIN CAPITAL
EIN:
26-0873247
Identifier Return Reference Explanation
EQUIVALENCY DETERMINATION FORM 990-PF PART XV THE CONTRIBUTIONS TO THE FOREIGN CHARITABLE ORGANIZATIONS CATHOLIC CHARISMATIC RENEWAL (GHANA) IN THE AMOUNT OF $94,939, IMMACULATE CONCEPTION (JEDBURGH) AND ST. MARY'S CHURCH IN THE AMOUNT OF $12,270, QUEEN'S HOUSE (KELSO) LTD. IN THE AMOUNT OF $104,179, MY NAME'5 DODDIE FOUNDATION IN THE AMOUNT OF $3,120, AND THE COUNTRY FOOD TRUST IN THE AMOUNT OF $24,460 ARE NOT SUBJECT TO EXCISE TAX BECAUSE THE TAXPAYER MADE AN EQUIVALENCY DETERMINATION UNDER TREAS. REG. SEC. 1.6664-4 AND REV. PROC. 92-94 ABOUT THE STATUS OF THE FOREIGN DONEES. THE FOUNDATION RECEIVED AFFIDAVITS FROM THE RESPECTIVE FOREIGN CHARITY THAT COMPLY WITH THE RULES ENUMERATED ABOVE.

TY 2023 InvestmentsCorpStockSchedule
Name:
THEE MUSTARD SEED FOUNDATION
 
C/O TEN MOUNTAIN CAPITAL
EIN:
26-0873247
Name of Stock End of Year Book Value End of Year Fair Market Value
13,008 SHS SPDR S&P 500 ETF TR 2,560,193 6,182,832
23,501 SHS ISHARES CORE S&P TOTAL US STOCK 2,152,733 2,472,990
34,675 SHS AKRE FOCUS INSTL 1,691,084 2,072,175
3,552,711 SHS RUPERT RESOURCES LTD 2,376,959 10,453,888
4,470 SHS ISHARES CORE S&P MID CAP 880,814 1,238,861
536,573 UNITS DOUBLELINE TOTAL RETURN 5,499,586 4,743,307
80,000 SHS RUPERT RESOURCES LTD 56,013 235,401
15,214 SHS ISHARES 0-5 YEAR TIPS BOND ETF 1,498,099 1,499,948
115,039 SHS GQG PARTNERS GLOBAL QUALITY EQUITY FUND INSTL 1,526,040 1,894,689
101,168 SHS GQG PARTNERS EMERGING MARKETS EQUITY INST 1,292,297 1,602,501
26,217 SHS ISHARES MSCI EAFE ETF 1,809,455 1,975,451
16,448 SHS PRIMECAP ODYSSEY AGGRESSIVE GROWTH FUND 637,049 705,780
203,800 SHS RUPERT RESOURCES LTD 710,631 599,685

TY 2023 InvestmentsGovtObligationsSch
Name:
THEE MUSTARD SEED FOUNDATION
 
C/O TEN MOUNTAIN CAPITAL
EIN:
26-0873247
US Government Securities - End of Year Book Value:

261,062
US Government Securities - End of Year Fair Market Value:

261,062
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:
THEE MUSTARD SEED FOUNDATION
 
C/O TEN MOUNTAIN CAPITAL
EIN:
26-0873247
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AKO FUND LIMITED AT COST 575,670 1,336,448
HUDSON WAY OFFSHORE FUND, LTD. AT COST 319,918 615,883
TTC ENERGY INFRASTRUCTURE & UTILITY FUND QP, LP AT COST 982,597 1,128,210
TTC OFFSHORE FUND SPC - MULTI-STRATEGY SEGREGATED PORTF. AT COST 3,244,503 3,696,155
TTC WORLD EQUITY FUND FUND QP, LP AT COST 127,148 127,148

TY 2023 OtherAssetsSchedule
Name:
THEE MUSTARD SEED FOUNDATION
 
C/O TEN MOUNTAIN CAPITAL
EIN:
26-0873247
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DUE FROM IRS 0 76 76


TY 2023 OtherDecreasesSchedule
Name:
THEE MUSTARD SEED FOUNDATION
 
C/O TEN MOUNTAIN CAPITAL
EIN:
26-0873247
Description Amount
BOOK/TAX DIFFERENCE - PARTNERSHIP NONDEDUCTIBLE EXPENSES 41


TY 2023 OtherExpensesSchedule
Name:
THEE MUSTARD SEED FOUNDATION
 
C/O TEN MOUNTAIN CAPITAL
EIN:
26-0873247
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
THRU K-1 INVESTMENTS - OTHER PARTNERSHIP EXPENSES 24,961 24,961 0 0
PAYROLL FEES 798 0 0 798


TY 2023 OtherIncomeSchedule2
Name:
THEE MUSTARD SEED FOUNDATION
 
C/O TEN MOUNTAIN CAPITAL
EIN:
26-0873247
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
THRU K-1 INVESTMENTS 57,706 57,706  
NET UBTI FROM PARTNERSHIPS -6,254   0
UBTI CAPITAL GAINS FROM PARTNERSHIPS 2,411   0


TY 2023 OtherProfessionalFeesSchedule
Name:
THEE MUSTARD SEED FOUNDATION
 
C/O TEN MOUNTAIN CAPITAL
EIN:
26-0873247
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES 73,037 73,037 0 0
TAKE ROOT ADVISORS, LLC 21,845 0 0 21,845


TY 2023 TaxesSchedule
Name:
THEE MUSTARD SEED FOUNDATION
 
C/O TEN MOUNTAIN CAPITAL
EIN:
26-0873247
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 10,210 10,210 0 0