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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 07-01-2024 , and ending 06-30-2025
Name of foundation
INDIMA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)14 REGENT DR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OAK BROOK, IL60523
A Employer identification number

36-3914683
B Telephone number (see instructions)

(630) 899-9012
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$11,568,747J 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) 297,901
2 Check right arrow.............
3 Interest on savings and temporary cash investments 630 630 630
4 Dividends and interest from securities... 62,520 62,520 62,520
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,132,249
b Gross sales price for all assets on line 6a 6,107,067
7 Capital gain net income (from Part IV, line 2)... 1,132,249
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........ 1,493,300 1,195,399 63,150
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 59,394      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 3,384      
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
1,000      
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
12,779      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,645      
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
27,860    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 20,000      
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
19,320      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 145,382 0   0
25 Contributions, gifts, grants paid....... 513,690 513,690
26 Total expenses and disbursements. Add lines 24 and 25 659,072 0   513,690
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 834,228
b Net investment income (if negative, enter -0-) 1,195,399
c Adjusted net income (if negative, enter -0-)... 63,150
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 151,034 676,731  
2 Savings and temporary cash investments.........   500,000  
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)      
b Investments—corporate stock (attach schedule)....... 4,108,714 Click to see attachment
List of Attached Documents:
// Content
3,523,228 		10,791,500
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).......... 346,806 Click to see attachment
List of Attached Documents:
// Content
630,309 		777,247
14 Land, buildings, and equipment: basis right arrow54,626
Less: accumulated depreciation (attach schedule) right arrow27,860   26,766  
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,606,554 5,357,034 11,568,747
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) Click to see attachment
List of Attached Documents:
// Content
865 		Click to see attachment
List of Attached Documents:
// Content
3,645
23 Total liabilities (add lines 17 through 22)......... 865 3,645
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........... 4,605,689 5,353,389
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 4,605,689 5,353,389
30 Total liabilities and net assets/fund balances (see instructions). 4,606,554 5,357,034
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
4,605,689
2
Enter amount from Part I, line 27a .....................
2
834,228
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
5,439,917
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
86,528
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,353,389
Form 990-PF (2024)
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 NIKE INC B P 2025-01-10 2025-06-27
b INVESCO QQQ TRUST P 2025-06-13 2025-06-18
c INVESCO QQQ TRUST P 2025-02-21 2025-05-12
d INVSC QQQ TRUST SRS 1 ETF P 2025-01-10 2025-01-17
e INVSC QQQ TRUST SRS 1 ETF P 2024-12-18 2024-12-20
META PLATFORMS INC A P 2022-07-29 2024-11-08
INVSC QQQ TRUST SRS 1 ETF P 2024-10-23 2024-10-25
BROADCOM INC P 2024-03-15 2024-09-13
SPDR S&P 500 ETF P 2024-08-02 2024-08-14
CROWDSTRIKE HLDGS IN A P 2024-07-23 2024-08-09
CHIPOTLE MEXICAN GRL P 2024-04-30 2024-07-19
SPDR S&P 500 ETF P 2025-06-13 2025-06-24
ULTA BEAUTY INC P 2024-08-15 2025-06-18
SPDR S&P 500 ETF P 2025-04-03 2025-05-12
INVSC QQQ TRUST SRS 1 ETF P 2025-01-07 2025-01-17
INVSC QQQ TRUST SRS 1 ETF P 2024-12-18 2024-12-20
META PLATFORMS INC A P 2020-06-11 2024-11-08
INVSC QQQ TRUST SRS 1 ETF P 2024-10-23 2024-10-25
BROADCOM INC P 2023-10-27 2024-09-13
SPDR S&P 500 ETF P 2024-08-02 2024-08-14
CROWDSTRIKE HLDGS IN A P 2024-06-11 2024-08-09
CHIPOTLE MEXICAN GRL P 2024-04-26 2024-07-19
SPDR S&P 500 ETF P 2025-06-13 2025-06-23
PEPSICO INC P 2024-11-18 2025-06-17
SPDR S&P 500 ETF P 2025-02-21 2025-05-12
SPDR DOW JONES INDUSTRIAL AVRG ETF @ P 2025-01-10 2025-01-15
MODERNA INC P 2024-11-13 2024-12-09
MICROSOFT CORP P 2020-06-11 2024-11-08
INVSC QQQ TRUST SRS 1 ETF P 2024-10-15 2024-10-25
INVSC QQQ TRUST SRS 1 ETF P 2024-08-26 2024-09-13
ANALOG DEVICES INC P 2024-06-14 2024-08-13
DELL TECHNOLOGIES IN C P 2024-05-24 2024-08-09
CHIPOTLE MEXICAN GRL P 2024-03-22 2024-07-19
CATERPILLAR INC P 2024-02-23 2025-06-20
INVESCO QQQ TRUST P 2025-06-05 2025-06-06
SPDR DOW JONES INDUSTRIAL AVRG ETF P 2025-04-03 2025-05-01
INVSC QQQ TRUST SRS 1 ETF P 2025-01-07 2025-01-15
NUCOR CORP P 2024-11-13 2024-12-09
MICROSOFT CORP P 2019-08-23 2024-11-08
SPDR DOW JONES INDUSTRIAL AVRG ETF @ P 2024-09-25 2024-10-22
INVSC QQQ TRUST SRS 1 ETF P 2024-08-22 2024-09-13
ANALOG DEVICES INC P 2024-02-23 2024-08-13
GLOBAL X FINTECH ETF P 2024-07-11 2024-08-09
INVSC QQQ TRUST SRS 1 ETF IV P 2024-07-12 2024-07-15
INTUIT P 2025-01-16 2025-06-20
APPLE INC P 2018-12-17 2025-05-30
SPDR DOW JONES INDUSTRIAL AVRG ETF P 2025-02-20 2025-04-23
INVSC QQQ TRUST SRS 1 ETF P 2024-12-18 2025-01-15
INVSC QQQ TRUST SRS 1 ETF P 2024-11-15 2024-11-29
NOVO-NORDISK A S ADR P 2023-12-05 2024-11-08
INVSC QQQ TRUST SRS 1 ETF P 2024-10-07 2024-10-10
SPDR S&P 500 ETF P 2024-08-22 2024-09-13
CROWDSTRIKE HLDGS IN A P 2024-07-23 2024-08-13
SUPER MICRO COMPUTER P 2024-02-22 2024-08-09
INVSC QQQ TRUST SRS 1 ETF IV P 2024-07-11 2024-07-15
JOHNSON & JOHNSON P 2025-01-23 2025-06-20
APPLE INC P 2018-07-27 2025-05-30
INVESCO QQQ TRUST P 2025-02-20 2025-03-28
VANGUARD S&P 500 ETF P 2024-10-07 2025-01-15
INVSC QQQ TRUST SRS 1 ETF P 2024-11-15 2024-11-27
ROCHE HLDG LTD ADR P 2024-07-19 2024-11-08
INVSC QQQ TRUST SRS 1 ETF P 2024-10-01 2024-10-07
SUPER MICRO COMPUTER P 2024-03-18 2024-08-30
CROWDSTRIKE HLDGS IN A P 2024-07-23 2024-08-13
VANGUARD S&P 500 ETF P 2024-08-05 2024-08-06
CARDINAL HEALTH INC P 2023-10-10 2024-07-11
NOVO-NORDISK A S ADR P 2023-12-05 2025-06-20
APPLE INC P 2011-11-11 2025-05-30
SPDR S&P 500 ETF P 2025-02-20 2025-03-28
VANGUARD S&P 500 ETF P 2024-09-03 2025-01-15
INVSC QQQ TRUST SRS 1 ETF P 2024-11-15 2024-11-27
SUPER MICRO COMPUTER P 2024-10-31 2024-11-08
ROCHE HLDG LTD ADR P 2024-07-19 2024-10-07
SUPER MICRO COMPUTER P 2024-03-01 2024-08-30
HOME DEPOT INC P 2024-07-31 2024-08-13
VANGUARD S&P 500 ETF P 2024-08-05 2024-08-06
CARDINAL HEALTH INC P 2023-10-10 2024-07-11
PFIZER INC P 2024-09-17 2025-06-20
PFIZER INC P 2024-09-17 2025-05-21
INVESCO QQQ TRUST P 2025-02-20 2025-03-24
INVSC QQQ TRUST SRS 1 ETF P 2024-12-18 2025-01-06
BROADCOM INC P 2024-06-13 2024-11-25
SPDR S&P 500 ETF P 2024-10-31 2024-11-06
BANK NEW YORK MELLON P 2023-11-27 2024-09-24
CORNING INC P 2024-07-09 2024-08-16
QUALCOMM INC P 2024-05-29 2024-08-13
ROBINHOOD MKTS INC A P 2024-08-02 2024-08-02
UNITEDHEALTH GRP INC P 2022-12-09 2024-07-11
PROCTER & GAMBLE CO P 2025-01-24 2025-06-20
ROKU INC A P 2025-01-22 2025-05-21
APPLE INC P 2011-11-11 2025-03-14
INVSC QQQ TRUST SRS 1 ETF P 2024-12-18 2025-01-03
MICRON TECHNOLOGY IN P 2024-08-23 2024-11-25
INVSC QQQ TRUST SRS 1 ETF P 2024-10-31 2024-11-05
APPLE INC P 2011-11-11 2024-09-20
SPDR DOW JONES INDUSTRIAL AVRG ETF P 2024-08-05 2024-08-14
SUPER MICRO COMPUTER P 2024-02-27 2024-08-13
ROBINHOOD MKTS INC A P 2024-06-13 2024-08-02
UNITEDHEALTH GRP INC P 2015-08-24 2024-07-11
ULTA BEAUTY INC P 2024-08-15 2025-06-20
ROKU INC A P 2025-01-21 2025-05-21
NVIDIA CORP P 2017-03-21 2025-03-14
BANK NEW YORK MELLON P 2023-11-27 2024-12-20
MICRON TECHNOLOGY IN P 2024-08-16 2024-11-25
INVSC QQQ TRUST SRS 1 ETF P 2024-10-23 2024-11-05
INVSC QQQ TRUST SRS 1 ETF P 2024-09-03 2024-09-19
SPDR DOW JONES INDUSTRIAL AVRG ETF P 2024-08-01 2024-08-14
SUPER MICRO COMPUTER P 2024-02-26 2024-08-13
LVMH MOET HENNESSY L ADR P 2021-12-09 2024-08-02
UNITEDHEALTH GRP INC P 2013-10-21 2024-07-11
WORKDAY INC A P 2023-11-10 2025-06-20
CHEVRON CORP NEW P 2025-04-28 2025-05-20
SPDR DOW JONES INDUSTRIAL AVRG ETF @ P 2025-02-07 2025-02-13
DELL TECHNOLOGIES IN C P 2024-11-29 2024-12-20
APPLE INC P 2011-11-11 2024-11-08
SPDR S&P 500 ETF P 2024-10-31 2024-11-05
INVSC QQQ TRUST SRS 1 ETF P 2024-08-26 2024-09-19
INVSC QQQ TRUST SRS 1 ETF P 2024-08-01 2024-08-14
SPDR DOW JONES INDUSTRIAL AVRG ETF P 2024-08-01 2024-08-12
INVSC QQQ TRUST SRS 1 ETF P 2024-07-24 2024-07-26
WORKDAY INC A P 2018-07-30 2025-06-20
DELL TECHNOLOGIES IN C P 2024-11-29 2025-05-20
SPDR S&P 500 ETF P 2025-02-07 2025-02-13
SPDR DOW JONES INDUSTRIAL AVRG ETF @ P 2024-12-18 2024-12-20
APPLIED MATLS INC P 2024-09-30 2024-11-08
APPLE INC P 2011-11-11 2024-10-28
SPDR S&P 500 ETF P 2024-09-06 2024-09-19
INVSC QQQ TRUST SRS 1 ETF P 2024-07-30 2024-08-14
INVSC QQQ TRUST SRS 1 ETF P 2024-07-30 2024-08-12
INVSC QQQ TRUST SRS 1 ETF P 2024-07-17 2024-07-26
WORKDAY INC A P 2018-05-14 2025-06-20
STARBUCKS CORP P 2025-01-24 2025-05-20
INVSC QQQ TRUST SRS 1 ETF P 2025-01-27 2025-01-31
HERSHEY CO P 2024-12-09 2024-12-20
BROADCOM INC P 2024-06-13 2024-11-08
APPLE INC P 2011-11-11 2024-10-28
SPDR S&P 500 ETF P 2024-09-03 2024-09-19
SPDR S&P 500 ETF P 2024-08-02 2024-08-14
SPDR S&P 500 ETF P 2024-08-01 2024-08-12
SPDR S&P 500 ETF P 2024-07-24 2024-07-26
ZOOM COMMUNICATIONS A P 2024-12-17 2025-06-20
INVESCO QQQ TRUST P 2025-04-03 2025-05-12
INVSC QQQ TRUST SRS 1 ETF P 2025-01-27 2025-01-31
JPMORGAN CHASE & CO P 2020-06-11 2024-12-20
ALPHABET INC C P 2016-02-08 2024-11-08
BOEING CO P 2024-07-23 2024-10-25
BROADCOM INC P 2024-06-13 2024-09-13
SPDR S&P 500 ETF P 2024-08-01 2024-08-14
SPDR S&P 500 ETF P 2024-08-01 2024-08-12
SPDR S&P 500 ETF P 2024-07-17 2024-07-26
ZOOM COMMUNICATIONS A P 2024-11-18 2025-06-20
INVESCO QQQ TRUST P 2025-03-03 2025-05-12
SPDR S&P 500 ETF P 2024-12-18 2025-01-24
JPMORGAN CHASE & CO P 2017-11-24 2024-12-20
META PLATFORMS INC A P 2022-08-18 2024-11-08
SPDR DOW JONES INDUSTRIAL AVRG ETF @ P 2024-09-25 2024-10-25
BROADCOM INC P 2024-05-23 2024-09-13
SPDR S&P 500 ETF P 2024-08-01 2024-08-14
AIRBNB INC A P 2024-02-23 2024-08-09
CHIPOTLE MEXICAN GRL P 2024-06-20 2024-07-19
(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 7,182   7,171 11
b 53,106   52,733 373
c 25,187   26,321 -1,134
d 26,150   25,362 788
e 51,835   52,427 -592
58,697   15,944 42,753
124,069   121,855 2,214
16,710   12,398 4,312
13,579   13,293 286
12,070   13,556 -1,486
26,757   31,670 -4,913
15,191   14,933 258
23,756   18,372 5,384
28,952   26,989 1,963
26,150   25,705 445
77,752   77,871 -119
44,022   16,803 27,219
24,814   24,360 454
167,095   83,662 83,433
40,737   39,923 814
24,139   37,946 -13,807
40,135   47,852 -7,717
14,955   14,933 22
12,949   15,847 -2,898
28,952   30,028 -1,076
21,575   20,999 576
4,656   4,220 436
21,210   9,391 11,819
74,441   73,497 944
35,689   35,587 102
32,522   34,769 -2,247
22,497   41,105 -18,608
66,892   72,429 -5,537
8,993   8,109 884
26,500   26,226 274
20,528   20,384 144
25,866   25,705 161
36,600   38,048 -1,448
42,421   13,343 29,078
42,990   41,900 1,090
47,586   47,552 34
21,681   19,144 2,537
12,627   12,712 -85
49,597   49,533 64
37,961   30,421 7,540
153,311   36,207 117,104
20,136   22,097 -1,961
51,733   51,914 -181
25,436   24,830 606
26,687   24,822 1,865
49,214   48,152 1,062
56,276   55,646 630
37,247   40,667 -3,420
24,936   46,620 -21,684
74,395   73,926 469
18,717   18,329 388
19,910   4,761 15,149
23,459   26,799 -3,340
27,183   26,108 1,075
25,137   24,830 307
9,419   9,833 -414
121,292   120,090 1,202
10,613   25,079 -14,466
12,416   13,554 -1,138
12,052   11,935 117
660   641 19
9,231   12,411 -3,180
25,884   2,700 23,184
27,799   30,403 -2,604
27,183   25,398 1,785
50,274   49,678 596
6,155   7,346 -1,191
9,484   9,833 -349
10,613   22,863 -12,250
70,314   73,734 -3,420
12,052   11,971 81
46,489   45,150 1,339
5,971   7,461 -1,490
11,621   14,923 -3,302
24,536   26,798 -2,262
52,747   51,914 833
164,565   171,879 -7,314
29,402   28,592 810
17,962   11,734 6,228
10,010   11,113 -1,103
8,420   10,461 -2,041
17,824   17,789 35
50,630   54,464 -3,834
15,873   16,378 -505
35,302   39,875 -4,573
106,524   10,385 96,139
25,970   25,957 13
26,259   25,549 710
49,149   48,429 720
230,414   20,770 209,644
9,998   9,729 269
14,181   21,307 -7,126
17,824   23,350 -5,526
126,574   27,930 98,644
11,747   9,186 2,561
35,302   39,636 -4,334
60,463   1,323 59,140
11,666   7,040 4,626
26,259   26,976 -717
98,297   97,440 857
24,168   23,131 1,037
29,995   30,101 -106
14,181   21,823 -7,642
13,793   16,191 -2,398
177,204   23,937 153,267
35,647   34,475 1,172
20,708   20,971 -263
22,241   22,153 88
28,847   31,700 -2,853
57,001   5,193 51,808
86,300   85,776 524
60,420   59,311 1,109
23,216   22,945 271
29,497   30,101 -604
23,089   23,346 -257
23,765   12,439 11,326
28,521   31,700 -3,179
30,350   30,026 324
64,262   63,970 292
28,995   29,917 -922
28,072   2,492 25,580
28,511   27,015 1,496
23,216   22,864 352
45,125   45,729 -604
69,268   72,486 -3,218
59,412   33,521 25,891
8,509   9,813 -1,304
26,541   25,817 724
17,138   19,752 -2,614
54,771   51,564 3,207
88,895   7,893 81,002
28,511   27,665 846
13,618   13,293 325
53,257   54,025 -768
54,304   54,268 36
7,797   8,412 -615
25,187   22,804 2,383
26,541   25,612 929
35,725   14,627 21,098
45,069   8,321 36,748
23,355   27,109 -3,754
108,612   111,721 -3,109
27,236   27,107 129
39,942   40,500 -558
54,304   55,767 -1,463
7,797   7,921 -124
25,187   24,769 418
60,939   59,492 1,447
23,816   9,874 13,942
44,022   13,138 30,884
21,081   20,950 131
41,774   34,606 7,168
13,618   13,500 118
11,369   15,319 -3,950
13,378   16,123 -2,745
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       11
b       373
c       -1,134
d       788
e       -592
      42,753
      2,214
      4,312
      286
      -1,486
      -4,913
      258
      5,384
      1,963
      445
      -119
      27,219
      454
      83,433
      814
      -13,807
      -7,717
      22
      -2,898
      -1,076
      576
      436
      11,819
      944
      102
      -2,247
      -18,608
      -5,537
      884
      274
      144
      161
      -1,448
      29,078
      1,090
      34
      2,537
      -85
      64
      7,540
      117,104
      -1,961
      -181
      606
      1,865
      1,062
      630
      -3,420
      -21,684
      469
      388
      15,149
      -3,340
      1,075
      307
      -414
      1,202
      -14,466
      -1,138
      117
      19
      -3,180
      23,184
      -2,604
      1,785
      596
      -1,191
      -349
      -12,250
      -3,420
      81
      1,339
      -1,490
      -3,302
      -2,262
      833
      -7,314
      810
      6,228
      -1,103
      -2,041
      35
      -3,834
      -505
      -4,573
      96,139
      13
      710
      720
      209,644
      269
      -7,126
      -5,526
      98,644
      2,561
      -4,334
      59,140
      4,626
      -717
      857
      1,037
      -106
      -7,642
      -2,398
      153,267
      1,172
      -263
      88
      -2,853
      51,808
      524
      1,109
      271
      -604
      -257
      11,326
      -3,179
      324
      292
      -922
      25,580
      1,496
      352
      -604
      -3,218
      25,891
      -1,304
      724
      -2,614
      3,207
      81,002
      846
      325
      -768
      36
      -615
      2,383
      929
      21,098
      36,748
      -3,754
      -3,109
      129
      -558
      -1,463
      -124
      418
      1,447
      13,942
      30,884
      131
      7,168
      118
      -3,950
      -2,745
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,132,249
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 -46,440
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 16,616
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 16,616
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 16,616
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 12,920
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 12,920
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 200
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 3,896
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 arrowIL
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 2024 or the taxable year beginning in 2024? 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 arrowINDIMAFOUNDATION.ORG
14
The books are in care ofright arrowTIMOTHY FULLERTON SR Telephone no.right arrow (630) 899-9012

Located atright arrow30 S EAST AVERIVERSIDEIL ZIP+4right arrow60546
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 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)
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
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 2024? .............
1d
 
 
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 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.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
ASOK RAY SECRETARY
000.00 		0 0 10,000
14 REGENT DRIVE
OAKBROOK,IL60523
MALLIKA RAY PRESIDENT
000.00 		59,394 15,117 10,000
21 REGENT DRIVE
OAKBROOK,IL60523
RATNAM CHITTORI DIRECTOR
000.00 		0 0 0
2 MARISSA DRIVE
BURR RIDGE,IL60521
SUPARNA BANERJEE DIRECTOR
000.00 		0 0 0
2207 FELDOTT LANE
NAPERVILLE,IL60540
TIMOTHY FULLERTON SR TREASURER
000.00 		0 0 0
30 S EAST AVE
RIVERSIDE,IL60546
TRAVIS INDHARASOPHANG DIRECTOR
000.00 		0 0 0
21 REGENT DRIVE
OAKBROOK,IL60523
CHERISSA KRAJNIAK DIRECTOR
000.00 		0 0 0
22 CRISSEY AVE
GENEVA,IL60134
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  
Form 990-PF (2024)
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 UNIVERSITY OF ILLINOIS - INTERNATIONAL FELLOWSHIP PROGRAM 250,000
2 LOYOLA UNIVERSITY ENDOWMENT FUND 250,000
3 BLIND FOUNDATION FOR INDIA 10,000
4 DUPAGE FOUNDATION 1,000
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)
Form 990-PF (2024)
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
11,157,748
b
Average of monthly cash balances.......................
1b
22,162
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
11,179,910
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
11,179,910
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
167,699
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
11,012,211
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
550,611
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
550,611
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
16,616
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
16,616
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
533,995
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
533,995
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
533,995
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
513,690
b
Program-related investments—total from Part VIII-B..................
1b
 
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
513,690
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 533,995
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...... 98,123
c From 2021......  
d From 2022......  
e From 2023...... 76,656
f Total of lines 3a through e ........ 174,779
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 513,690
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..... 513,690
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024. 20,305 20,305
(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 5 154,474
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 ...... 		154,474
10 Analysis of line 9:
a Excess from 2020.... 77,818
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023.... 76,656
e Excess from 2024....  
Form 990-PF (2024)
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 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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).)
ASOK RAY
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
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)
aPaid during the year

UNIVERSITY OF ILLINOIS

1747 W ROOSEVELT RD
CHICAGO,IL60608 		  EOF INTERNATIONAL FELLOWSHIP 250,000

LOYOLA UNIVERSITY

1032 W SHERIDAN RD
CHICAGO,IL60660 		  EOF MEDICAL RESEARCH 250,000

GLOBAL BRIGADES

1099 E CHAMPLAIN DR
FRESNO,CA93720 		  EOF DONATION 2,690

DUPAGE FOUNDATION

3000 WOODCREEK DR
DOWNERS GROVE,IL60515 		  EOF DONATION 1,000

BLIND FOUNDATION OF INDIA

PO BOX 3971
NAPERVILLE,IL60567 		  EOF DONATION 10,000
Total .................................right arrow 3a 513,690
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
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
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 ........... 		    14 630  
4 Dividends and interest from securities ....     14 62,520  
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 1,132,249  
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) ..   1,195,399  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,195,399
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
INDIMA FOUNDATION
EIN:
36-3914683
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES 12,779      

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

TY 2024 DepreciationSchedule
Name:
INDIMA FOUNDATION
EIN:
36-3914683
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
FOUNDATION CAR 2024-09-30 33,560   200DB 5.0000 17,116      
FOUNDATION CAR 2024-12-04 21,066   200DB 5.0000 10,744      

TY 2024 InvestmentsCorpStockSchedule
Name:
INDIMA FOUNDATION
EIN:
36-3914683
Name of Stock End of Year Book Value End of Year Fair Market Value
COMMON STOCKS 3,523,228 10,791,500
FOREIGN STOCKS    

TY 2024 InvestmentsOtherSchedule2
Name:
INDIMA FOUNDATION
EIN:
36-3914683
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ETF - EQUITY AT COST 630,309 777,247

TY 2024 LegalFeesSchedule
Name:
INDIMA FOUNDATION
EIN:
36-3914683
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT LEGAL FEES 1,000      


TY 2024 OtherDecreasesSchedule
Name:
INDIMA FOUNDATION
EIN:
36-3914683
Description Amount
PRIOR PERIOD 86,528


TY 2024 OtherExpensesSchedule
Name:
INDIMA FOUNDATION
EIN:
36-3914683
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
CONTRACTORS 18,000      
MEALS 1,264      
OFFICE EXPENSES 56      


TY 2024 OtherLiabilitiesSchedule
Name:
INDIMA FOUNDATION
EIN:
36-3914683
Description Beginning of Year - Book Value End of Year - Book Value
OTHER LIABILITIES 865 3,645


TY 2024 TaxesSchedule
Name:
INDIMA FOUNDATION
EIN:
36-3914683
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 1,630      
LICENSES 15