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
HENLOPEN FOUNDATION INC
C/O ELENA ALLNUTT
Number and street (or P.O. box number if mail is not delivered to street address)1714 NE 62ND STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA98115
A Employer identification number

26-0006748
B Telephone number (see instructions)

(206) 954-0988
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$3,681,642J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 177 177 177
4 Dividends and interest from securities... 71,119 71,119 71,119
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,669,262
b Gross sales price for all assets on line 6a 4,524,870
7 Capital gain net income (from Part IV, line 2)... 1,669,262
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........ 1,740,558 1,740,558 71,296
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,750 4,375 0 0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
14,884 14,884 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,169 1,169 0 0
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.......... 24,803 20,428 0 0
25 Contributions, gifts, grants paid....... 203,850 203,850
26 Total expenses and disbursements. Add lines 24 and 25 228,653 20,428 0 203,850
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,511,905
b Net investment income (if negative, enter -0-) 1,720,130
c Adjusted net income (if negative, enter -0-)... 71,296
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.............      
2 Savings and temporary cash investments......... 18,672 155,598 155,598
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) 649,047 Click to see attachment
List of Attached Documents:
// Content
800,809 		806,576
b Investments—corporate stock (attach schedule)....... 1,306,877 Click to see attachment
List of Attached Documents:
// Content
2,684,452 		2,719,468
c Investments—corporate bonds (attach schedule)....... 79,388 0 0
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).......... 74,970 0 0
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,128,954 3,640,859 3,681,642
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,128,954 3,640,859
29 Total net assets or fund balances (see instructions)..... 2,128,954 3,640,859
30 Total liabilities and net assets/fund balances (see instructions). 2,128,954 3,640,859
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
2,128,954
2
Enter amount from Part I, line 27a .....................
2
1,511,905
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,640,859
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,640,859
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 AMGEN INC P 2024-05-30 2024-12-05
b ISHARES CORE S&P SMALL-CAP ETF P 2025-02-10 2025-04-04
c AMGEN INC P 2024-08-14 2024-12-05
d ISHARES CORE S&P SMALL-CAP ETF P 2025-02-10 2025-04-04
e AMGEN INC P 2024-08-14 2024-12-05
AMAZON.COM INC P 2021-03-16 2025-02-05
AMAZON.COM INC P 2021-08-20 2025-02-05
AMAZON.COM INC P 2022-07-29 2025-02-05
AMAZON.COM INC P 2022-07-29 2025-02-05
COSTCO WHOLESALE CORPORATION P 2020-05-19 2024-08-13
COSTCO WHOLESALE CORPORATION P 2020-05-19 2025-02-10
SALESFORCE.COM INC P 2020-12-08 2025-02-05
SALESFORCE.COM INC P 2021-09-21 2025-02-05
SALESFORCE.COM INC P 2021-09-21 2025-02-05
META PLATFORMS, INC. CL A P 2020-02-05 2025-02-05
ALPHABET INC - CLASS C P 2020-02-05 2024-07-11
ALPHABET INC - CLASS C P 2020-02-05 2024-07-19
IRON MOUNTAIN INC P 2020-05-19 2024-07-12
IRON MOUNTAIN INC P 2020-05-19 2024-08-13
JPMORGAN CHASE & CO P 2020-05-29 2025-02-05
JPMORGAN CHASE & CO P 2020-06-26 2025-02-05
JPMORGAN CHASE & CO P 2020-06-26 2025-02-05
JPMORGAN CHASE & CO P 2020-06-26 2025-02-10
LOWES COMPANIES INC P 2020-03-25 2024-07-19
NESTLE SA P 2020-06-11 2024-11-26
NESTLE SA P 2020-06-26 2024-11-26
NESTLE SA P 2020-06-26 2024-11-26
SPDR S&P DIVIDEND ETF P 2020-05-19 2025-03-07
SPDR S&P DIVIDEND ETF P 2020-06-26 2025-03-07
SPDR S&P DIVIDEND ETF P 2020-06-26 2025-03-07
VERIZON COMMUNICATIONS INC P 2024-02-22 2025-03-07
CVS HEALTH CORP P 2019-02-07 2024-08-14
CVS HEALTH CORP P 2020-01-15 2024-08-14
CVS HEALTH CORP P 2020-01-23 2024-08-14
CVS HEALTH CORP P 2020-02-13 2024-08-14
CVS HEALTH CORP P 2020-03-02 2024-08-14
CVS HEALTH CORP P 2020-08-26 2024-08-14
CVS HEALTH CORP P 2020-08-26 2024-08-14
ISHARES CORE S&P SMALL-CAP ETF P 2024-02-22 2025-04-04
NINTENDO CO LTD P 2021-11-03 2024-07-12
T-MOBILE US INC P 2019-11-25 2025-02-05
WABTEC P 2019-09-20 2024-08-13
WABTEC P 2020-03-25 2024-08-13
WABTEC P 2020-03-25 2024-08-13
KKR & CO INC P 2020-06-19 2024-07-12
KKR & CO INC P 2020-11-09 2024-07-12
KKR & CO INC P 2020-11-09 2024-07-12
KKR & CO INC P 2020-06-19 2024-08-13
KKR & CO INC P 2020-06-19 2025-02-10
!SHARES CORE MSCI EUROPE P 2020-07-09 2025-02-10
AMENTUM HOLDINGS LLC P 2015-02-05 2025-02-10
AMENTUM HOLDINGS LLC P 2020-02-05 2025-02-10
AMENTUM HOLDINGS LLC P 2020-02-25 2025-02-10
AMENTUM HOLDINGS LLC P 2020-07-30 2025-02-10
AMENTUM HOLDINGS LLC P 2020-07-30 2025-02-10
QUALCOMM INC A 05/20/2025 3.450% P 2021-08-31 2024-08-26
QUALCOMM INC A 05/20/2025 3.450% P 2021-08-31 2024-09-16
FED! HOME LOAN BNK FHLB P 2022-06-23 2024-09-16
PIERCE CNTY WA SCH DIST400 P 2023-03-09 2024-12-01
WABTEC COM P 2025-06-09 2025-06-12
S&P GLOBAL INC COM P 2025-06-10 2025-06-12
T-MOBILE US INC COM P 2025-06-11 2025-06-12
NEW YORK N Y TAXABLEGO BDS SER. FISCAL 04.38000% 10/01/20292025 SUB D 2 P 2024-10-10 2025-06-12
VIRGINIA ST RES AUTHINFRASTRUCTURE REV 01.61300% 11/01/2030TAXABLE MORAL OBL P 2024-09-13 2025-06-12
ADOBE INC COM P 2025-02-10 2025-05-22
MASSACHUSETTS ST GO BDS SER.2010D 04.50000% 08/01/2031 P 2024-12-06 2025-06-12
DANAHER CORPORATION COM P 2024-11-26 2025-06-12
NVIDIA CORPORATION COM P 2024-08-13 2025-06-12
VANGUARD INTL EQUITYINDEX FDS ALLWRLD EXUS P 2025-04-04 2025-06-12
NVIDIA CORPORATION COM P 2025-03-07 2025-06-12
UBER TECHNOLOGIES INC COM P 2025-03-07 2025-06-12
UNITED STATES TREAS SER R-2030 4.87500% 10/31/2030 NTS NOTE P 2025-01-14 2025-06-12
BRISTOL-MYERS SQUIBBCO COM P 2024-05-30 2025-05-22
UNITED STATES TREAS SER Y-2029 4.62500% 04/30/2029 NTS NOTE P 2025-01-14 2025-06-12
AMGEN INC P 2025-02-10 2025-06-12
AVON OHIO TAXABLE GOLTD TAX VAR PURP 01.46200% 12/01/2028IMPT REF BDS SER. 2 P 2024-10-28 2025-06-12
FEDERAL HOME LOAN BASER RU-2030 4.60000% 01/24/2030 P 2025-01-09 2025-06-12
DANAHER CORPORATION COM P 2025-02-10 2025-06-12
STARBUCKS CORP COM USD0.001 P 2025-05-29 2025-06-12
AMGEN INC P 2025-06-05 2025-06-12
AMGEN INC P 2025-06-05 2025-06-13
OTIS WORLDWIDE CORP COM P 2025-06-05 2025-06-12
MICROSOFT CORP P 2025-06-11 2025-06-13
OTIS WORLDWIDE CORP COM P 2025-06-05 2025-06-13
APPLE INC P 2020-03-25 2025-06-12
APPLE INC P 2009-01-16 2025-06-12
COPART INC COM USD0.0001 P 2013-11-18 2025-06-12
COPART INC COM USD0.0001 P 2020-06-11 2025-06-12
DISNEY WALT CO COM P 2024-02-22 2025-06-12
UNITEDHEALTH GROUP INC P 2023-06-14 2025-06-12
UNITEDHEALTH GROUP INC P 2024-05-30 2025-06-12
UNITEDHEALTH GROUP INC P 2020-02-25 2025-06-12
UNITEDHEALTH GROUP INC P 2020-03-25 2025-06-12
UNITEDHEALTH GROUP INC P 2019-06-11 2025-06-12
S&P GLOBAL INC COM P 2020-11-09 2025-06-13
S&P GLOBAL INC COM P 2020-11-09 2025-06-12
PARKER-HANNIFIN CORPCOM P 2020-01-15 2025-06-12
PARKER-HANNIFIN CORPCOM P 2020-07-30 2025-06-12
PARKER-HANNIFIN CORPCOM P 2011-08-18 2025-06-12
BALL CORP COM NPV P 2024-02-22 2025-06-12
DANAHER CORPORATION COM P 2020-06-26 2025-06-12
DANAHER CORPORATION COM P 2011-08-18 2025-06-12
DANAHER CORPORATION COM P 2023-10-18 2025-06-12
DANAHER CORPORATION COM P 2021-03-16 2025-06-12
DANAHER CORPORATION COM P 2020-10-15 2025-06-12
DEERE & CO P 2016-04-07 2025-06-12
DEERE & CO P 2015-01-22 2025-06-12
DEERE & CO P 2020-06-26 2025-06-12
CISCO SYSTEMS INC P 2020-06-11 2025-06-12
CISCO SYSTEMS INC P 2020-10-15 2025-06-12
CISCO SYSTEMS INC P 2010-09-13 2025-06-12
CISCO SYSTEMS INC P 2024-05-30 2025-06-12
CISCO SYSTEMS INC P 2011-05-03 2025-06-12
CISCO SYSTEMS INC P 2020-08-13 2025-06-12
CISCO SYSTEMS INC P 2007-10-31 2025-06-12
CISCO SYSTEMS INC P 2019-11-25 2025-06-12
NINTENDO CO LTD UNSPADS EACH REP 0.25 ORD SHS P 2021-11-03 2025-06-12
AMERICAN EXPRESS CO COM USD0.20 P 2015-10-26 2025-06-12
AMERICAN EXPRESS CO COM USD0.20 P 2023-10-18 2025-06-12
AMERICAN EXPRESS CO COM USD0.20 P 2020-10-15 2025-06-12
AMERICAN EXPRESS CO COM USD0.20 P 2015-06-18 2025-06-12
AMERICAN EXPRESS CO COM USD0.20 P 2020-06-11 2025-06-12
JPMORGAN CHASE &CO. COM P 2010-08-18 2025-06-12
JPMORGAN CHASE &CO. COM P 2010-04-29 2025-06-12
JPMORGAN CHASE &CO. COM P 2020-06-26 2025-06-12
JPMORGAN CHASE &CO. COM P 2020-05-19 2025-06-12
JPMORGAN CHASE &CO. COM P 2010-05-13 2025-06-12
JACOBS SOLUTIONS INCCOM P 2020-02-05 2025-06-12
JACOBS SOLUTIONS INCCOM P 2015-02-05 2025-06-12
JACOBS SOLUTIONS INCCOM P 2020-02-25 2025-06-12
JACOBS SOLUTIONS INCCOM P 2020-07-30 2025-06-12
PEPSICO INC P 2012-03-21 2025-06-12
PEPSICO INC P 2020-03-25 2025-06-12
PEPSICO INC P 2007-10-31 2025-06-12
PEPSICO INC P 2012-04-19 2025-06-12
BRISTOL-MYERS SQUIBBCO COM P 2019-11-21 2025-05-22
BRISTOL-MYERS SQUIBBCO COM P 2022-01-11 2025-05-22
STARBUCKS CORP COM USD0.001 P 2023-06-14 2025-06-13
STARBUCKS CORP COM USD0.001 P 2023-10-18 2025-06-12
STARBUCKS CORP COM USD0.001 P 2019-11-08 2025-06-12
STARBUCKS CORP COM USD0.001 P 2020-02-25 2025-06-12
STARBUCKS CORP COM USD0.001 P 2023-06-14 2025-06-12
STARBUCKS CORP COM USD0.001 P 2008-02-01 2025-06-12
WABTEC COM P 2020-03-25 2025-06-13
WABTEC COM P 2020-03-25 2025-06-12
QUALCOMM INC P 2020-03-02 2025-06-12
QUALCOMM INC P 2020-10-15 2025-06-12
QUALCOMM INC P 2007-10-31 2025-06-12
QUALCOMM INC P 2021-03-16 2025-06-12
QUALCOMM INC P 2020-06-26 2025-06-12
NESTLE ADR P 2007-10-31 2025-06-12
MICROSOFT CORP P 2008-02-08 2025-06-12
MICROSOFT CORP P 2010-08-05 2025-06-12
MICROSOFT CORP P 2020-03-25 2025-06-12
MICROSOFT CORP P 2020-03-13 2025-06-12
LOWES COMPANIES INC COM USD0.50 P 2009-05-08 2025-06-12
LOWES COMPANIES INC COM USD0.50 P 2020-03-25 2025-06-12
ADOBE INC COM P 2021-04-29 2025-05-22
ADOBE INC COM P 2022-04-05 2025-05-22
ADOBE INC COM P 2023-06-01 2025-05-22
COSTCO WHOLESALE CORP COM P 2017-07-13 2025-06-12
COSTCO WHOLESALE CORP COM P 2020-05-19 2025-06-12
COSTCO WHOLESALE CORP COM P 2016-02-04 2025-06-12
COSTCO WHOLESALE CORP COM P 2020-06-11 2025-06-12
AMAZON.COM INC P 2020-03-10 2025-06-12
AMAZON.COM INC P 2020-03-17 2025-06-12
AMAZON.COM INC P 2022-07-29 2025-06-12
AMAZON.COM INC P 2023-01-31 2025-06-12
F5 INC COM P 2020-03-02 2025-06-12
F5 INC COM P 2020-02-05 2025-06-12
F5 INC COM P 2012-11-01 2025-06-12
F5 INC COM P 2012-10-04 2025-06-12
BOOKING HOLDINGS INCCOM P 2023-06-14 2025-06-12
BOOKING HOLDINGS INCCOM P 2023-01-31 2025-06-12
SALESFORCE INC COM P 2022-04-05 2025-06-12
SALESFORCE INC COM P 2021-03-16 2025-06-12
SALESFORCE INC COM P 2022-04-07 2025-06-12
SALESFORCE INC COM P 2020-03-10 2025-06-12
SALESFORCE INC COM P 2020-12-08 2025-06-12
SALESFORCE INC COM P 2020-03-25 2025-06-12
OREGON SCH BRDS ASSNLTD TAX PENSION BDS 05.55000% 06/30/2028SER. 2002 B P 2022-11-07 2025-06-13
SPDR SER TR S&P DIVID ETF P 2012-04-19 2025-06-12
SPDR SER TR S&P DIVID ETF P 2020-05-19 2025-06-12
SPDR SER TR S&P DIVID ETF P 2011-08-18 2025-06-12
VISA INC P 2020-03-13 2025-06-12
VISA INC P 2009-06-24 2025-06-12
VISA INC P 2020-03-25 2025-06-12
BERKSHIRE HATHAWAY INC COM USD0.0033 CLASS B P 2020-10-15 2025-06-12
BERKSHIRE HATHAWAY INC COM USD0.0033 CLASS B P 2009-01-16 2025-06-12
BERKSHIRE HATHAWAY INC COM USD0.0033 CLASS B P 2020-05-19 2025-06-12
BERKSHIRE HATHAWAY INC COM USD0.0033 CLASS B P 2020-02-13 2025-06-12
AMERICAN TOWER CORP NEW COM P 2023-10-18 2025-06-12
AMERICAN TOWER CORP NEW COM P 2023-06-01 2025-06-12
AMERICAN TOWER CORP NEW COM P 2016-01-21 2025-06-12
AMERICAN TOWER CORP NEW COM P 2015-10-08 2025-06-12
AMERICAN TOWER CORP NEW COM P 2021-01-15 2025-06-12
AMERICAN TOWER CORP NEW COM P 2023-06-14 2025-06-12
AMERICAN TOWER CORP NEW COM P 2019-11-08 2025-06-12
AMERICAN TOWER CORP NEW COM P 2020-03-25 2025-06-12
META PLATFORMS INC CLASS A COMMON STOCK P 2020-02-25 2025-06-12
META PLATFORMS INC CLASS A COMMON STOCK P 2020-03-13 2025-06-12
META PLATFORMS INC CLASS A COMMON STOCK P 2015-06-18 2025-06-12
META PLATFORMS INC CLASS A COMMON STOCK P 2020-02-05 2025-06-12
WORKDAY INC COM USD0.001 CL A P 2024-05-30 2025-06-12
WORKDAY INC COM USD0.001 CL A P 2024-02-22 2025-06-12
T-MOBILE US INC COM P 2019-11-25 2025-06-12
T-MOBILE US INC COM P 2018-02-02 2025-06-12
ALPHABET INC CAP STKCL C P 2020-03-02 2025-06-12
ALPHABET INC CAP STKCL C P 2020-03-13 2025-06-12
ALPHABET INC CAP STKCL C P 2007-10-31 2025-06-12
ALPHABET INC CAP STKCL C P 2008-02-08 2025-06-12
ALPHABET INC CAP STKCL C P 2020-06-26 2025-06-12
ALPHABET INC CAP STKCL C P 2020-02-05 2025-06-12
IRON MTN INC DEL COM P 2020-05-19 2025-06-12
MEDTRONIC PLC P 2024-02-22 2025-06-12
KKR &CO INC COM P 2020-06-19 2025-06-12
OTIS WORLDWIDE CORP COM P 2021-03-11 2025-06-12
OKLAHOMA TRANSN AUTHOK F/K/A OKLAHOMA ST01.72200% 01/01/2030TPK AUTH TAXABLE P 2024-06-11 2025-06-12
FOLSOM CORDOVA CALIFUNI SCH DIST TAXABLE02.00000% 10/01/2027GO REF BDS SCH F P 2020-10-29 2025-06-12
PIERCE CNTY WASH SCHDIST NO 400 CLOVER 04.93400% 12/01/2026PARK UNLTD TAX GO P 2023-03-09 2025-06-12
KANNAPOLIS N C LTD OBLIG TAXABLE BDS 01.95300% 04/01/2031SER. 2021 P 2024-04-17 2025-06-12
MARIN CALIF CMNTY COLLEGE DIST TAXABLE01.30100% 08/01/2029GO REF BDS SER. 20 P 2023-10-18 2025-06-12
NEW YORK ST DORM AUTH ST PERS INCOME 02.15200% 03/15/2031TAX REV GEN PURP BD P 2024-06-11 2025-06-12
NORTH DAKOTA PUB FINAUTH LEGACY FD 02.33000% 12/01/2031INFRASTRUCTURE PROGRA P 2024-04-17 2025-06-12
OREGON ST DEPT ADMINISTRATIVE SVCS 03.58700% 04/01/2029LOTTERY REV TAXABLE B P 2023-10-18 2025-06-12
REGIONAL TRANSN AUTHILL TAXABLE GO REF 03.00000% 06/01/2028BDS SER. 2021 A P 2021-09-30 2025-06-12
UNITED STATES TREAS SER AP-2025 2.87500% 06/15/2025 NTS NOTE P 2022-06-13 2025-06-12
NEW YORK N Y TAXABLEGO BDS SER. FISCAL 03.90000% 09/01/20292023A SUB A-2 P 2024-06-11 2025-06-12
UNITED STATES TREAS SER AK-2026 4.00000% 02/15/2026 NTS NOTE P 2023-02-10 2025-06-12
FEDERAL FARM CR BKS BOND 4.75000% 02/27/2030 P 2023-02-15 2025-06-12
MISHAWAKA IND ECONOMIC DEV LEASE 04.75000% 08/15/2027RENT REV TAXABLE BDSSPO P 2023-01-11 2025-06-12
FERGUSON ENTERPRISESINC COM P 2020-08-14 2025-06-12
AMENTUM HOLDINGS INCCOM P 2020-07-30 2025-06-12
AMENTUM HOLDINGS INCCOM P 2020-02-25 2025-06-12
AMENTUM HOLDINGS INCCOM P 2015-02-05 2025-06-12
AMENTUM HOLDINGS INCCOM P 2020-02-05 2025-06-12
AMENTUM HOLDINGS INCCOM P 2020-07-30 2025-06-02
AMENTUM HOLDINGS INCCOM P 2020-02-25 2025-06-02
AMENTUM HOLDINGS INCCOM P 2015-02-05 2025-06-02
AMENTUM HOLDINGS INCCOM P 2020-02-05 2025-06-02
(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 13,709   15,117 -1,408
b 44,481   52,599 -8,118
c 37,289   42,814 -5,525
d 20,732   25,819 -5,087
e 23,580   27,697 -4,117
14,140   9,285 4,855
3,535   2,388 1,147
1,178   683 495
18,853   12,356 6,497
10,348   3,687 6,661
21,196   6,145 15,051
13,350   8,859 4,491
3,766   2,857 909
17,116   11,716 5,400
21,089   6,303 14,786
562   216 346
17,965   7,205 10,760
9,622   2,374 7,248
10,823   2,374 8,449
15,358   5,592 9,766
4,850   1,670 3,180
20,208   7,262 12,946
20,318   6,960 13,358
8,854   3,091 5,763
17,045   21,786 -4,741
2,301   2,988 -687
19,346   24,774 -5,428
17,229   10,745 6,484
11,393   7,216 4,177
28,622   17,961 10,661
27,540   24,414 3,126
4,874   5,716 -842
11,204   15,097 -3,893
7,002   9,124 -2,122
7,562   9,835 -2,273
5,602   6,334 -732
5,322   5,906 -584
41,566   52,013 -10,447
23,748   26,780 -3,032
21,172   16,034 5,138
16,795   5,456 11,339
15,609   7,366 8,243
9,365   2,816 6,549
24,974   10,183 14,791
8,810   2,565 6,245
13,215   4,612 8,603
22,025   7,177 14,848
11,527   3,206 8,321
11,113   2,405 8,708
29,716   22,246 7,470
3,030   1,013 2,017
3,317   2,611 706
1,924   1,568 356
730   511 219
9,001   5,703 3,298
9,892   10,179 -287
22,825   23,379 -554
49,649   49,873 -224
10,000   9,987 13
59   60 -1
81   82 -1
261   263 -2
34,545   35,009 -464
21,325   21,996 -671
10,420   11,291 -871
24,012   24,902 -890
9,629   11,090 -1,461
69,920   55,734 14,186
53,049   44,471 8,578
34,019   26,369 7,650
30,297   26,843 3,454
26,008   25,265 743
4,716   4,033 683
25,605   25,042 563
46,018   45,503 515
36,012   35,600 412
50,084   50,009 75
7,990   7,926 64
189   169 20
297   289 8
82   80 2
97   95 2
283   281 2
25   25 0
59,097   18,810 40,287
71,633   1,066 70,567
35,696   2,946 32,750
19,051   8,108 10,943
41,440   37,653 3,787
3,173   4,537 -1,364
6,346   9,656 -3,310
8,567   7,187 1,380
14,278   10,754 3,524
7,932   6,193 1,739
80   56 24
43,035   29,835 13,200
23,995   7,460 16,535
5,332   1,430 3,902
19,996   1,983 18,013
33,072   36,944 -3,872
20,488   15,153 5,335
12,088   1,644 10,444
7,580   7,624 -44
5,941   5,534 407
4,712   4,561 151
26,898   3,960 22,938
1,552   267 1,285
19,656   5,661 13,995
13,033   8,849 4,184
11,274   6,861 4,413
6,908   2,254 4,654
6,517   4,624 1,893
6,256   1,676 4,580
5,148   3,365 1,783
3,193   1,627 1,566
19,550   13,622 5,928
71,943   37,412 34,531
15,199   3,784 11,415
11,027   5,620 5,407
9,239   3,241 5,998
14,305   3,888 10,417
29,802   9,940 19,862
10,451   1,489 8,962
4,019   664 3,355
8,575   2,969 5,606
53,593   18,049 35,544
19,561   3,018 16,543
19,125   11,694 7,431
17,468   4,539 12,929
11,093   7,023 4,070
4,208   2,288 1,920
4,490   2,236 2,254
15,451   13,151 2,300
3,698   2,069 1,629
3,301   1,666 1,635
2,028   2,426 -398
17,683   24,519 -6,836
68   66 2
3,207   3,194 13
11,792   10,217 1,575
3,679   3,205 474
3,019   3,209 -190
13,961   1,429 12,532
59   14 45
48,850   11,251 37,599
7,946   3,984 3,962
4,132   3,323 809
12,236   3,286 8,950
6,992   5,902 1,090
23,837   13,273 10,564
14,098   6,191 7,907
35,984   2,163 33,821
42,702   2,263 40,439
23,990   7,390 16,600
59,974   18,078 41,896
20,408   1,790 18,618
36,555   13,619 22,936
32,927   40,744 -7,817
3,334   3,654 -320
20,006   20,493 -487
25,075   3,849 21,226
2,006   615 1,391
23,069   3,306 19,763
30,090   9,084 21,006
51,186   22,186 29,000
42,655   18,041 24,614
25,593   16,393 9,200
21,328   10,258 11,070
14,590   5,979 8,611
27,721   11,896 15,825
12,547   3,692 8,855
584   216 368
5,483   2,583 2,900
65,802   28,987 36,815
15,488   12,106 3,382
12,284   9,924 2,360
7,744   5,833 1,911
6,142   3,595 2,547
2,937   2,499 438
29,908   17,434 12,474
20,670   25,048 -4,378
2,726   1,120 1,606
10,360   6,586 3,774
13,222   4,695 8,527
36,749   16,285 20,464
36,006   1,494 34,512
46,400   19,881 26,519
15,661   6,774 8,887
24,471   3,042 21,429
24,471   8,694 15,777
14,682   6,805 7,877
10,382   7,868 2,514
9,733   8,449 1,284
8,003   3,371 4,632
8,003   3,501 4,502
3,028   3,078 -50
2,163   1,913 250
16,222   15,453 769
21,629   20,254 1,375
14,577   4,166 10,411
10,412   2,410 8,002
32,625   3,910 28,715
17,354   5,252 12,102
25,068   20,855 4,213
22,060   26,962 -4,902
46,714   15,823 30,891
21,831   6,106 15,725
35,468   13,748 21,720
35,468   11,343 24,125
21,232   2,107 19,125
17,783   1,296 16,487
17,734   6,907 10,827
4,788   1,945 2,843
27,249   6,337 20,912
30,919   29,577 1,342
77,632   19,783 57,849
27,676   19,187 8,489
30,785   29,705 1,080
47,271   50,623 -3,352
14,895   14,980 -85
25,674   24,204 1,470
22,016   19,817 2,199
30,352   29,441 911
30,251   28,992 1,259
24,183   22,818 1,365
47,815   51,730 -3,915
74,966   73,892 1,074
33,968   33,506 462
49,915   49,723 192
49,746   50,007 -261
50,095   50,005 90
36,453   16,003 20,450
44   23 21
117   70 47
184   45 139
201   117 84
1   1 0
3   2 1
5   1 4
5   4 1
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       -1,408
b       -8,118
c       -5,525
d       -5,087
e       -4,117
      4,855
      1,147
      495
      6,497
      6,661
      15,051
      4,491
      909
      5,400
      14,786
      346
      10,760
      7,248
      8,449
      9,766
      3,180
      12,946
      13,358
      5,763
      -4,741
      -687
      -5,428
      6,484
      4,177
      10,661
      3,126
      -842
      -3,893
      -2,122
      -2,273
      -732
      -584
      -10,447
      -3,032
      5,138
      11,339
      8,243
      6,549
      14,791
      6,245
      8,603
      14,848
      8,321
      8,708
      7,470
      2,017
      706
      356
      219
      3,298
      -287
      -554
      -224
      13
      -1
      -1
      -2
      -464
      -671
      -871
      -890
      -1,461
      14,186
      8,578
      7,650
      3,454
      743
      683
      563
      515
      412
      75
      64
      20
      8
      2
      2
      2
      0
      40,287
      70,567
      32,750
      10,943
      3,787
      -1,364
      -3,310
      1,380
      3,524
      1,739
      24
      13,200
      16,535
      3,902
      18,013
      -3,872
      5,335
      10,444
      -44
      407
      151
      22,938
      1,285
      13,995
      4,184
      4,413
      4,654
      1,893
      4,580
      1,783
      1,566
      5,928
      34,531
      11,415
      5,407
      5,998
      10,417
      19,862
      8,962
      3,355
      5,606
      35,544
      16,543
      7,431
      12,929
      4,070
      1,920
      2,254
      2,300
      1,629
      1,635
      -398
      -6,836
      2
      13
      1,575
      474
      -190
      12,532
      45
      37,599
      3,962
      809
      8,950
      1,090
      10,564
      7,907
      33,821
      40,439
      16,600
      41,896
      18,618
      22,936
      -7,817
      -320
      -487
      21,226
      1,391
      19,763
      21,006
      29,000
      24,614
      9,200
      11,070
      8,611
      15,825
      8,855
      368
      2,900
      36,815
      3,382
      2,360
      1,911
      2,547
      438
      12,474
      -4,378
      1,606
      3,774
      8,527
      20,464
      34,512
      26,519
      8,887
      21,429
      15,777
      7,877
      2,514
      1,284
      4,632
      4,502
      -50
      250
      769
      1,375
      10,411
      8,002
      28,715
      12,102
      4,213
      -4,902
      30,891
      15,725
      21,720
      24,125
      19,125
      16,487
      10,827
      2,843
      20,912
      1,342
      57,849
      8,489
      1,080
      -3,352
      -85
      1,470
      2,199
      911
      1,259
      1,365
      -3,915
      1,074
      462
      192
      -261
      90
      20,450
      21
      47
      139
      84
      0
      1
      4
      1
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 1,669,262
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 8,341
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 23,910
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 23,910
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 23,910
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 1,200
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,200
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 22,710
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMD
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 arrowN/A
14
The books are in care ofright arrowELENA ALLNUTT Telephone no.right arrow (206) 954-0988

Located atright arrow1714 NE 62ND STREETSEATTLEWA ZIP+4right arrow98115
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
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 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
ELENA G ALLNUTT PRESIDENT
1.00 		0 0 0
1714 NE 62ND STREET
SEATTLE,WA98115
MARY ROSE GASNER TREASURER
1.00 		0 0 0
188 6TH AVENUE
BROOKLYN,NY11217
STUART L GASNER VICE PRESIDENT
1.00 		0 0 0
2328 VALLEJO STREET
SAN FRANCISCO,CA94123
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (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 arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (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
3,542,338
b
Average of monthly cash balances.......................
1b
105,681
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
3,648,019
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
3,648,019
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
54,720
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
3,593,299
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
179,665
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
179,665
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
23,910
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
23,910
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
155,755
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
155,755
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
155,755
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
203,850
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
203,850
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 7 155,755
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 19,847
b From 2020...... 39,052
c From 2021...... 72,710
d From 2022...... 25,383
e From 2023...... 15,059
f Total of lines 3a through e ........ 172,051
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 203,850
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 155,755
e Remaining amount distributed out of corpus 48,095
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 220,146
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
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) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		19,847
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		200,299
10 Analysis of line 9:
a Excess from 2020.... 39,052
b Excess from 2021.... 72,710
c Excess from 2022.... 25,383
d Excess from 2023.... 15,059
e Excess from 2024.... 48,095
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).)
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

ACLU FOUNDATION

125 BROAD STREET 18TH FLOOR
NEW YORK,NY10004 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 5,000

AKIN

12360 LAKE CITY WAY NE SUITE 100
SEATTLE,WA98125 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 5,000

BROOKLYN PUBLIC LIBRARY

PO BOX 7247
PHILADELPHIA,PA191700001 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 10,000

CONGREGATION EMANUEL

ONE EAST 65TH STREET
NEW YORK,NY10065 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 5,400

DARTMOUTH

11 ROPE FERRY ROAD 6210
HANOVER,NH037551421 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 5,000

DOWNHILL DERELICTS

11888 MEADE CT
WESTMINSTER,CO800315090 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 250

INDIVISIBLE

1730 RHODE ISLAND AVEJ NW 912
WASHINGTON,DC20036 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 5,000

INTERNATIONAL RESCUE COMMITTEE

122 EAST 43ND STREET
NEW YORK,NY10168 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 25,000

LILITH FUND

PO BOX 684949
AUSTIN,TX78768 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 5,000

LINC

PO BOX 3648
BOULDER,CO803073648 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 5,000

MARY'S PLACE

PO BOX 1711
SEATTLE,WA98111 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 10,000

PRO PUBLICA

155 AVENUE OF THE AMERICAS 13TH
FLOOR
NEW YORK,NY10013 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 5,000

RESILIENT HEARTS ANIMAL SANCTUARY

3409 STONE WAY AVENUE N
SETTLE,WA98014 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 5,000

SAVE THE REDWOODS

111 SUTTER STREET 11TH FLOOR
SAN FRANCISCO,CA94104 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 500

SOME INC

71 O ST NW
WASHINGTON,DC20001 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 25,000

SUPPORT RECOVERY

PO BOX 166
FREDERIC,WI54858 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 1,000

SURFAID

2328 VALLEJO STREET
SAN FRANCISCO,CA94123 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 30,000

SURFAID

2328 VALLEJO STREET
SAN FRANCISCO,CA94123 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 200

SURFAID

2328 VALLEJO STREET
SAN FRANCISCO,CA94123 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 2,500

SURFAID

2328 VALLEJO STREET
SAN FRANCISCO,CA94123 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 5,000

THE COVE

PO BOX 895
TWISP,WA98856 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 5,000

TIDES FOUNDATION -FIDUCIARY PARENT OF THE MOVEMENT VOTERS FUND

1012 TORNEY AVENUE
SAN FRANCISCO,CA94129 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 12,500

TIDES FOUNDATION -FIDUCIARY PARENT OF WALK THE WALK USA

1012 TORNEY AVENUE
SAN FRANCISCO,CA94129 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 12,500

UNDUE MEDICAL DEBT (DBA MEDICAL DEBT RESOLUTION INC)

P O BOX 411675
BOSTON,MA022411675 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 15,000

WRRAP

2150 N 107TH ST 205
SEATTLE,WA98133 		    SUPPORT OF SEC 501(C)(3) ORGANIZATION 5,000

VOTEORG

4096 PIEDMONT AVE 368
OAKLAND,CA94611 		    PRIOR YEAR O/S DONATION CHECK NOT CLEARED -1,000
Total .................................right arrow 3a 203,850
bApproved for future payment
Total ................................. right arrow 3b 0
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 ........... 		    14 177  
4 Dividends and interest from securities ....     14 71,119  
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 1,669,262  
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) .. 0 1,740,558 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,740,558
(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:
HENLOPEN FOUNDATION INC
 
C/O ELENA ALLNUTT
EIN:
26-0006748
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 8,750 4,375 0 0

TY 2024 InvestmentsCorpStockSchedule
Name:
HENLOPEN FOUNDATION INC
 
C/O ELENA ALLNUTT
EIN:
26-0006748
Name of Stock End of Year Book Value End of Year Fair Market Value
  2,684,452 2,719,468

TY 2024 InvestmentsGovtObligationsSch
Name:
HENLOPEN FOUNDATION INC
 
C/O ELENA ALLNUTT
EIN:
26-0006748
US Government Securities - End of Year Book Value:

800,809
US Government Securities - End of Year Fair Market Value:

806,576
State & Local Government Securities - End of Year Book Value:


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


0


TY 2024 OtherProfessionalFeesSchedule
Name:
HENLOPEN FOUNDATION INC
 
C/O ELENA ALLNUTT
EIN:
26-0006748
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 14,884 14,884 0 0


TY 2024 TaxesSchedule
Name:
HENLOPEN FOUNDATION INC
 
C/O ELENA ALLNUTT
EIN:
26-0006748
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 196 196 0 0
FEDERAL TAX PAID 973 973 0 0