TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

For calendar year 2024, or tax year beginning 02-01-2024 , and ending 01-31-2025

Name of foundation
LOUIS YAGER CANTWELL
PRIVATE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)2490 DEERHAVEN
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MINDEN, NV89423

A Employer identification number

36-7086543

B Telephone number (see instructions)

(949) 322-3585

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$1,141,063J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	196		196
4	Dividends and interest from securities...	15,829		15,829
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		176,174
b	Gross sales price for all assets on line 6a 1,382,516
7	Capital gain net income (from Part IV, line 2)...			176,174
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	192,199		192,199
13	Compensation of officers, directors, trustees, etc.	25,000
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	3,825	1,275
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	10,155	10,155
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	522
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	39,502		11,430	0
25	Contributions, gifts, grants paid.......	54,000			54,000
26	Total expenses and disbursements. Add lines 24 and 25	93,502		11,430	54,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	98,697
b	Net investment income (if negative, enter -0-)			180,769
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2024)

Form 990-PF (2024)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	60,322	24,559	24,559
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	997,531	List of Attached Documents: // Content 1,140,880	1,145,030
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content -20,141	List of Attached Documents: // Content -29,030	List of Attached Documents: // Content -28,526
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,037,712	1,136,409	1,141,063
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	1,037,712	1,136,409
	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).....	1,037,712	1,136,409
	30	Total liabilities and net assets/fund balances (see instructions).	1,037,712	1,136,409

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

1,037,712

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

98,697

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

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

1,136,409

Decreases not included in line 2 (itemize) right arrow

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

1,136,409

Form 990-PF (2024)

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	CALL ADOBE INC 550 EXP 01/17/25	P	2025-01-17	2025-01-17
b	CALL ADVANCED MICRO DEVICE INC 190	P	2024-11-20	2024-11-20
c	RESMED INC	P	2023-12-07	2024-10-18
d	CALL GE VERNOVA INC 185 EXP 09/20/2	P	2024-09-17	2024-09-17
e	CLOROX CO	P	2021-03-02	2024-06-27
	CALL STARBUCKS CORP 100 EXP 06/21/2	P	2024-03-18	2024-06-21
	CALL INTEL CORP 55 EXP 04/19/24	P	2024-01-24	2024-04-19
	NVIDIA CORP	P	2023-06-28	2024-03-15
	ZEBRA TECHNOLOGIES A	P	2023-06-23	2024-02-16
	BROADCOM INC	P	2024-06-27	2025-01-17
	CALL MICROSOFT CORP 475 EXP 12/20/2	P	2024-11-20	2024-11-20
	CALL STARBUCKS CORP 100 EXP 10/18/2	P	2024-08-19	2024-10-18
	CALL CROWDSTRIKE HLDGS INC 420 EXP	P	2024-08-13	2024-08-13
	INTEL CORP	P	2023-09-18	2024-06-25
	CALL SCHLUMBERGER LTD 60 EXP 06/21/	P	2024-03-19	2024-06-21
	ELI LILLY AND CO	P	2024-01-23	2024-04-19
	NVIDIA CORP	P	2023-06-27	2024-03-15
	BROADCOM INC	P	2024-06-24	2025-01-17
	CALL ADOBE INC 575 EXP 11/15/24	P	2024-09-23	2024-11-15
	CALL ADVANCED MICRO DEVICE INC 180	P	2024-10-15	2024-10-15
	CALL ADVANCED MICRO DEVICE INC 185	P	2024-04-23	2024-07-19
	CALL ADOBE INC 560 EXP 06/21/24	P	2024-04-09	2024-06-21
	CALL SNAP ON INC 290 EXP 06/21/24	P	2024-02-27	2024-06-21
	ELI LILLY AND CO	P	2024-01-17	2024-04-19
	QUALCOMM INC	P	2023-02-06	2024-03-15
	CALL EATON CORP PLC 370 EXP 01/17/2	P	2025-01-17	2025-01-17
	CALL ADVANCED MICRO DEVICE INC 175	P	2024-09-23	2024-11-15
	CALL BROADCOM INC 200 EXP 10/18/24	P	2024-10-15	2024-10-15
	CALL CHEVRON CORP 170 EXP 07/19/24	P	2024-04-22	2024-07-19
	CALL ADVANCED MICRO DEVICE INC 220	P	2024-03-15	2024-06-21
	CALL SNAP ON INC 300 EXP 06/21/24	P	2024-03-18	2024-06-21
	CALL MICROSOFT CORP 440 EXP 04/19/2	P	2024-01-25	2024-04-19
	QUALCOMM INC	P	2022-06-24	2024-03-15
	CALL HOME DEPOT INC 430 EXP 01/17/2	P	2024-11-21	2025-01-17
	HOME DEPOT INC	P	2024-08-19	2024-11-15
	CALL EATON CORP PLC 340 EXP 10/18/2	P	2024-10-15	2024-10-15
	CALL WALT DISNEY CO 130 EXP 07/19/2	P	2024-03-19	2024-07-19
	CALL CLOROX CO 160 EXP 06/21/24	P	2024-02-27	2024-06-21
	INTEL CORP	P	2024-01-24	2024-06-12
	CALL QUALCOMM INC 160 EXP 04/19/24	P	2024-01-29	2024-04-19
	QUALCOMM INC	P	2022-03-02	2024-03-15
	CALL MICROSOFT CORP 460 EXP 01/17/2	P	2024-12-04	2025-01-17
	HOME DEPOT INC	P	2024-07-15	2024-11-15
	CALL EATON CORP PLC 340 EXP 10/18/2	P	2024-10-15	2024-10-15
	CALL EATON CORP PLC 340 EXP 07/19/2	P	2024-04-12	2024-07-19
	ALPHABET INC. A	P	2023-06-26	2024-06-21
	INTEL CORP	P	2024-01-22	2024-06-12
	CALL RESMED INC 180 EXP 04/19/24	P	2023-12-12	2024-04-19
	CALL STARBUCKS CORP 105 EXP 03/15/2	P	2023-12-19	2024-03-15
	CALL NVIDIA CORP 156 EXP 01/17/25	P	2024-10-14	2025-01-17
	PALO ALTO NETWORKS I	P	2024-06-25	2024-11-15
	CALL NVIDIA CORP 135 EXP 10/18/24	P	2024-10-15	2024-10-15
	CALL MICROSOFT CORP 440 EXP 07/19/2	P	2024-04-22	2024-07-19
	ALPHABET INC. A	P	2017-09-18	2024-06-21
	INTEL CORP	P	2023-09-18	2024-06-12
	CALL RESMED INC 210 EXP 04/19/24	P	2024-01-09	2024-04-19
	CALL SNAP ON INC 300 EXP 03/15/24	P	2023-12-19	2024-03-15
	CALL QUALCOMM INC 180 EXP 01/17/25	P	2024-12-02	2025-01-17
	PALO ALTO NETWORKS I	P	2024-02-22	2024-11-15
	CALL CROWDSTRIKE HLDGS INC 290 EXP	P	2024-09-24	2024-09-24
	QUALCOMM INC	P	2023-09-18	2024-07-19
	HONEYWELL INTL INC	P	2023-12-27	2024-06-21
	CALL INTEL CORP 45 EXP 05/17/24	P	2024-02-27	2024-05-17
	CALL ADOBE INC 650 EXP 04/19/24	P	2024-04-10	2024-04-10
	TARGET CORP	P	2023-12-18	2024-03-15
	CALL SCHLUMBERGER LTD 50 EXP 01/17/	P	2024-09-23	2025-01-17
	CALL PFIZER INC 31 EXP 11/15/24	P	2024-08-19	2024-11-15
	CALL ADOBE INC 570 EXP 09/20/24	P	2024-06-25	2024-09-20
	QUALCOMM INC	P	2024-03-18	2024-07-19
	HONEYWELL INTL INC	P	2023-02-02	2024-06-21
	PALO ALTO NETWORKS	P	2024-03-18	2024-05-17
	CALL ADVANCED MICRO DEVICE INC 185	P	2024-03-18	2024-03-18
	TARGET CORP	P	2023-02-06	2024-03-15
	CALL NVIDIA CORP 142 EXP 12/20/24	P	2024-09-23	2024-12-20
	SNAP ON INC	P	2024-02-14	2024-11-15
	CALL ADVANCED MICRO DEVICE INC 180	P	2024-06-27	2024-09-20
	RESMED INC	P	2023-12-27	2024-07-19
	HONEYWELL INTL INC	P	2023-01-20	2024-06-21
	PALO ALTO NETWORKS	P	2024-02-22	2024-05-17
	WALT DISNEY CO	P	2023-12-18	2024-03-15
	TARGET CORP	P	2023-01-20	2024-03-15
	GE VERNOVA INC	P	2024-07-02	2024-12-19
	SNAP ON INC	P	2023-12-18	2024-11-15
	CALL MICROSOFT CORP 470 EXP 09/20/2	P	2024-07-22	2024-09-20
	RESMED INC	P	2023-12-12	2024-07-19
	ELI LILLY AND CO	P	2024-04-22	2024-06-21
	ZEBRA TECHNOLOGIES A	P	2024-02-22	2024-05-17
	WALT DISNEY CO	P	2023-02-06	2024-03-15
	TARGET CORP	P	2022-06-22	2024-03-15
	CALL QUALCOMM INC 190 EXP 12/20/24	P	2024-12-03	2024-12-03
	SNAP ON INC	P	2023-08-30	2024-11-15
	CALL NVIDIA CORP 140 EXP 09/20/24	P	2024-06-25	2024-09-20
	CALL RESMED INC 220 EXP 07/19/24	P	2024-03-26	2024-07-19
	NVIDIA CORP	P	2024-06-12	2024-06-21
	ZEBRA TECHNOLOGIES A	P	2023-12-08	2024-05-17
	CALL ALPHABET INC. 145 EXP 03/15/24	P	2023-12-19	2024-03-15
	CALL INTEL CORP 46 EXP 02/16/24	P	2023-12-08	2024-02-16
	CALL TARGET CORP 165 EXP 12/20/24	P	2024-12-03	2024-12-03
	CALL CHEVRON CORP NEW 175 EXP 10/18	P	2024-07-22	2024-10-18
	CALL PALO ALTO NETWORKS INC 370 EXP	P	2024-06-25	2024-09-20
	CALL TARGET CORP 180 EXP 07/19/24	P	2024-03-19	2024-07-19
	NVIDIA CORP	P	2024-03-21	2024-06-21
	ZEBRA TECHNOLOGIES A	P	2023-08-08	2024-05-17
	CALL HONEYWELL INTL INC 220 EXP 03/	P	2023-12-19	2024-03-15
	ZEBRA TECHNOLOGIES A	P	2023-07-11	2024-02-16
	CALL TARGET CORP 170 EXP 12/20/24	P	2024-12-03	2024-12-03
	CALL DISNEY WALT CO 105 EXP 10/18/2	P	2024-07-22	2024-10-18
	CALL SCHLUMBERGER LTD 52.5 EXP 09/2	P	2024-07-15	2024-09-20
	CLOROX CO	P	2022-02-04	2024-06-27
	NVIDIA CORP	P	2024-03-18	2024-06-21
	CALL ADVANCED MICRO DEVICE INC 200	P	2024-01-29	2024-04-19
	NVIDIA CORP	P	2024-01-23	2024-03-15
	ZEBRA TECHNOLOGIES A	P	2023-06-29	2024-02-16
	CALL CROWDSTRIKE HLDGS INC 320 EXP	P	2024-12-02	2024-12-02
	MORGAN STANLEY	P	2024-07-22	2024-10-18
	CALL TARGET CORP 160 EXP 09/20/24	P	2024-07-22	2024-09-20
	CLOROX CO	P	2021-05-27	2024-06-27
	PALO ALTO NETWORKS	P	2024-05-20	2024-06-21
	CALL CHEVRON CORP 160 EXP 04/19/24	P	2024-01-29	2024-04-19
	NVIDIA CORP	P	2024-01-22	2024-03-15
	ZEBRA TECHNOLOGIES A	P	2023-06-27	2024-02-16

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,500	1	1,499
b	809	57	752
c	23,659	16,331	7,328
d	3,133	13,832	-10,699
e	26,999	35,997	-8,998
	878		878
	629		629
	6,511	4,111	2,400
	27,539	26,584	955
	21,604	15,977	5,627
	594	19	575
	687		687
	2,053	21	2,032
	18,476	22,987	-4,511
	602		602
	34,971	31,071	3,900
	6,511	4,133	2,378
	64,811	48,508	16,303
	626		626
	654	40	614
	427		427
	875		875
	564		564
	34,971	31,467	3,504
	15,237	13,413	1,824
	2,001	31	1,970
	1,597		1,597
	1,829	27	1,802
	1,018		1,018
	3,751		3,751
	739		739
	582		582
	7,619	6,225	1,394
	549		549
	7,791	7,281	510
	1,049	741	308
	1,137		1,137
	1,108		1,108
	6,122	9,813	-3,691
	411		411
	38,093	42,529	-4,436
	430		430
	31,164	28,816	2,348
	979	741	238
	1,032		1,032
	8,266	6,011	2,255
	6,122	9,619	-3,497
	909		909
	689		689
	2,383		2,383
	7,568	6,509	1,059
	1,003	1,427	-424
	738		738
	8,266	2,332	5,934
	6,122	7,662	-1,540
	939		939
	637		637
	511		511
	30,271	21,537	8,734
	1,437	2,805	-1,368
	17,975	11,357	6,618
	10,632	10,429	203
	1,346		1,346
	2,054	6	2,048
	9,186	8,266	920
	803		803
	712		712
	1,669		1,669
	57,176	50,480	6,696
	10,632	10,337	295
	15,913	14,200	1,713
	1,885	2,351	-466
	6,124	6,906	-782
	2,087		2,087
	30,468	26,385	4,083
	2,170		2,170
	40,927	34,331	6,596
	42,527	40,390	2,137
	15,913	13,461	2,452
	10,645	9,325	1,320
	15,309	16,189	-880
	71,996	50,574	21,422
	24,375	22,940	1,435
	796		796
	20,463	16,748	3,715
	81,597	73,229	8,368
	12,440	11,077	1,363
	53,226	54,826	-1,600
	15,309	14,087	1,222
	1,029	25	1,004
	6,094	5,377	717
	4,167		4,167
	653		653
	22,077	25,126	-3,049
	12,440	9,486	2,954
	433		433
	902		902
	1,522	23	1,499
	405		405
	989		989
	2,357		2,357
	55,193	45,613	9,580
	6,220	5,040	1,180
	319		319
	8,260	9,258	-998
	460	7	453
	872		872
	983		983
	6,750	7,073	-323
	33,116	27,024	6,092
	834		834
	13,023	11,864	1,159
	5,506	5,765	-259
	3,309	6,185	-2,876
	44,412	41,059	3,353
	1,108		1,108
	6,750	8,868	-2,118
	32,418	31,903	515
	544		544
	39,068	35,943	3,125
	13,766	14,154	-388

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			1,499
b			752
c			7,328
d			-10,699
e			-8,998
			878
			629
			2,400
			955
			5,627
			575
			687
			2,032
			-4,511
			602
			3,900
			2,378
			16,303
			626
			614
			427
			875
			564
			3,504
			1,824
			1,970
			1,597
			1,802
			1,018
			3,751
			739
			582
			1,394
			549
			510
			308
			1,137
			1,108
			-3,691
			411
			-4,436
			430
			2,348
			238
			1,032
			2,255
			-3,497
			909
			689
			2,383
			1,059
			-424
			738
			5,934
			-1,540
			939
			637
			511
			8,734
			-1,368
			6,618
			203
			1,346
			2,048
			920
			803
			712
			1,669
			6,696
			295
			1,713
			-466
			-782
			2,087
			4,083
			2,170
			6,596
			2,137
			2,452
			1,320
			-880
			21,422
			1,435
			796
			3,715
			8,368
			1,363
			-1,600
			1,222
			1,004
			717
			4,167
			653
			-3,049
			2,954
			433
			902
			1,499
			405
			989
			2,357
			9,580
			1,180
			319
			-998
			453
			872
			983
			-323
			6,092
			834
			1,159
			-259
			-2,876
			3,353
			1,108
			-2,118
			515
			544
			3,125
			-388

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	176,174
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3	181,788

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	2,513
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	2,513
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	2,513
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	28
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	2,541
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax	Refunded	11

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ (2) On foundation managers. right arrow

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

on foundation managers. right arrow

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

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

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address right arrow

N/A

The books are in care of right arrow

DAVID Y CANTWELL Telephone no. right arrow

(949) 322-3585

Located at right arrow

PO BOX 691GENOANV ZIP+4 right arrow

89411

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 2024, 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 (2024)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2024? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2024?....................

If "Yes," list the years right arrow

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2024 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 2024.) .....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..

Form 990-PF (2024)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
DAVID Y CANTWELL	TRUSTEE 000.00	25,000
PO BOX 691 GENOA,NV89411	TRUSTEE 000.00	25,000
ANDREA C KAZAR	TRUSTEE 000.00	0
PO BOX 993 RANCHO SANTA FE,CA92067	TRUSTEE 000.00	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









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

Form 990-PF (2024)

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
NONE

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

Part VIII-A

Summary of Direct Charitable Activities

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1	N/A
2


All other program-related investments. See instructions.
3

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

Form 990-PF (2024)

Page 8

Part IX

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

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

purposes:

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

1,082,428

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

53,017

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

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

1,135,445

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

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

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

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

1,135,445

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

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

17,032

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

1,118,413

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

55,921

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

55,921

Tax on investment income for 2024 from Part V, line 5 .......

2,513

Income tax for 2024. (This does not include the tax from Part V.) ...

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

2,513

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

53,408

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

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

53,408

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

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

53,408

Part XI

Qualifying Distributions (see instructions)

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

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

54,000

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

54,000

Form 990-PF (2024)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2024
1 Distributable amount for 2024 from Part X, line 7			53,408
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......
b Total for prior years:20 , 20, 20
3 Excess distributions carryover, if any, to 2024:
a From 2019......
b From 2020......
c From 2021......
d From 2022......	592
e From 2023......	1,456
f Total of lines 3a through e ........		2,048
4Qualifying distributions for 2024 from Part
XI, line 4: $ 54,000
a Applied to 2023, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2024 distributable amount.....			53,408
e Remaining amount distributed out of corpus		592
5 Excess distributions carryover applied to 2024.
(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		2,640
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........			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) .......
8 Excess distributions carryover from 2019 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		2,640
10 Analysis of line 9:
a Excess from 2020....
b Excess from 2021....
c Excess from 2022....	592
d Excess from 2023....	1,456
e Excess from 2024....	592

Form 990-PF (2024)

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 2024, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2024	(b) 2023	(c) 2022	(d) 2021	(e) Total

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

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

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.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2024)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
JUVENILE DIABETES RESEARC 17872 MITCHELL AVE NORTH IRVINE,CA92614	N/A	PUBLIC	MEDICAL RESEARCH	27,000
PAULUS PARTNERS 12742 LAKE UNDERHILL ROAD ORLANDO,FL32828	N/A	PUBLIC	RELIGIOUS	27,000
Total ................................. 3a				54,000

bApproved for future payment

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

Form 990-PF (2024)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	196
4 Dividends and interest from securities ....			14	15,829
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	176,174
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				192,199

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

192,199

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2024)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 AccountingFeesSchedule

Name:

LOUIS YAGER CANTWELL

PRIVATE FOUNDATION

EIN:

36-7086543

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	3,825	1,275

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

LOUIS YAGER CANTWELL

PRIVATE FOUNDATION

EIN:

36-7086543

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ADOBE	77,902	61,243
ADVANCED MICRO	51,177	46,380
ALPHABET INC
AMAZON	42,070	47,536
CITIGROUP
CHEVRON	67,660	59,676
CLOROX
CROWDSTRIKE	87,750	95,537
DISNEY WALT	61,689	67,836
EATON CORP	63,229	65,288
GE VERNOVA	73,654	82,033
GILEAD SCIENCES
HOME DEPOT	47,984	49,438
HONEYWELL
INTEL
LAM RESH	79,340	81,050
LILLI ELI & CO
LULULEMON
META PLATFORMS
MICROSOFT	54,486	58,108
MORGAN STANLEY	36,731	41,529
NVIDIA	79,941	96,056
PAYPAL
PALO ALTO	44,028	44,261
PFIZER	44,758	37,128
QUALCOMM	55,721	51,879
RESMED
SALESFORCE
SCHLIMBERGER	50,185	40,280
SKYWORKS SOLUTIONS
SNAP ON
STARBUCKS	62,106	64,608
TARGET	60,469	55,164
WALT DISNEY
ZEBRA TECH
3M

- TIN:

TY 2024 OtherAssetsSchedule

Name:

LOUIS YAGER CANTWELL

PRIVATE FOUNDATION

EIN:

36-7086543

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
OPEN SHORT OPTIONS	-20,141	-29,030	-28,526

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

LOUIS YAGER CANTWELL

PRIVATE FOUNDATION

EIN:

36-7086543

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES	10,155	10,155

- TIN:

TY 2024 TaxesSchedule

Name:

LOUIS YAGER CANTWELL

PRIVATE FOUNDATION

EIN:

36-7086543

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
REGISTRY OF CHARITABLE TRUSTS	25
IRS	497