| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Fees | 88,305 | 0 | 0 | 88,305 |
| Audit Fees | 20,475 | 0 | 0 | 20,475 |
| Tax Preparation | 6,150 | 0 | 0 | 0 |
| Person Name | Explanation |
|---|---|
| Kenneth J Blum | In 2024, the Foundation compensated Kramer Blum and Associates, Inc. $250,158 to provide administrative support to the Foundation. Compensation to a disqualified person for services which are necessary to carry out the exempt purpose of the Foundation if not excessive is not self dealing under Regulation 53.4941(d)-3(c). |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Franklin Res Inc 3/30/25 | 249,525 | 249,525 |
| Take-Two Interactive SOF 4/14/25 | 258,420 | 258,420 |
| Brighthouse Finl In 6/22/27 | 245,101 | 245,101 |
| Williams Companies Inc 8/15/28 | 258,335 | 258,335 |
| Cigna Group 10/15/28 | 373,180 | 373,180 |
| Southn Co 3/15/29 | 331,709 | 331,709 |
| Amern Express Co 5/3/29 | 237,286 | 237,286 |
| Masco Corp 8/1/29 | 331,784 | 331,784 |
| Parker-Hanfin Corp 9/15/29 | 295,789 | 295,789 |
| L3Harris Tech Inc 12/15/29 | 339,313 | 339,313 |
| Energy Tranfer LP 12/1/30 | 316,990 | 316,990 |
| Boardwalk Pipelines LP 2/15/31 | 245,680 | 245,680 |
| Lab Corp of Amer 6/1/31 | 236,107 | 236,107 |
| AT&T Inc 2/15/30 | 290,542 | 290,542 |
| Zoetis Inc 5/15/30 | 258,164 | 258,164 |
| Dentsply Sirona Inc 6/1/30 | 282,676 | 282,676 |
| Morgan Stanley 10/18/30 | 53,821 | 53,821 |
| Salesforce Inc 7/15/31 | 113,303 | 113,303 |
| Hess Corp 8/15/31 | 61,082 | 61,082 |
| JP Morgan Chase & Co 4/22/32 | 300,235 | 300,235 |
| Alexandria Real Estate 5/18/32 | 31,884 | 31,884 |
| Boardwalk Pipelines LP 9/1/32 | 21,839 | 21,839 |
| GE Healthcare Tech Inc 11/22/32 | 311,683 | 311,683 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| Fidelity 500 Index Fd, 214,543.379 Sh | FMV | 43,807,613 | 43,807,613 |
| Vanguard Mid-Cap, 41,655 Sh | FMV | 11,002,336 | 11,002,336 |
| iShares 2000 ETF, 44,467 Sh | FMV | 9,825,429 | 9,825,429 |
| Vanguard FTSE Dev, 163,139 Sh | FMV | 7,801,307 | 7,801,307 |
| Vanguard FTSE Emerging, 130,280 Sh | FMV | 5,737,531 | 5,737,531 |
| Doubleline Ttl Ret Bd, 486,774.57 Sh | FMV | 4,220,335 | 4,220,335 |
| Vanguard Ttl Bd Mkt, 310,614 Sh | FMV | 22,336,253 | 22,336,253 |
| Artisan International-INST 265,963.506Sh | FMV | 7,215,590 | 7,215,590 |
| Artisan INTL VAL-INST 155,929.21 Sh | FMV | 7,333,351 | 7,333,351 |
| Lord Abbett Shrt Dur Inc 2,191,015.27 Sh | FMV | 8,479,229 | 8,479,229 |
| iShares MSCI All Country, 47,108 Sh | FMV | 3,400,255 | 3,400,255 |
| T Rowe Price New Asia, 48,750.762 Sh | FMV | 812,675 | 812,675 |
| Blackrock High Yield, 522,436.82 Sh | FMV | 3,709,301 | 3,709,301 |
| T Rowe Price Inst Fltng, 232,312.57 Sh | FMV | 2,204,646 | 2,204,646 |
| Vanguard Int-Term Corp, 60,987 Sh | FMV | 4,895,426 | 4,895,426 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Land | 7,077,407 | 7,077,407 | 7,077,407 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal Fees | 30,237 | 0 | 0 | 23,585 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Accrued Interest & Dividends Receivable | 141,115 | 175,680 | 175,680 |
| Prepaid Federal Excise Tax | 8,105 | 16,699 | 16,699 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank Fees | 4,655 | 1,472 | 3,183 | |
| Dues & Subscriptions | 22,064 | 22,064 | ||
| Fees and Licenses | 2,503 | 2,503 | ||
| Film Expenses | 37,635 | 37,635 | ||
| Insurance | 10,419 | 10,419 | ||
| Marketing | 10,000 | 10,000 | ||
| Membership Fees | 200,000 | 200,000 | ||
| Office Supplies | 15,031 | 15,031 | ||
| Outside Services | 350,908 | 346,128 | ||
| Payroll Service Fees | 4,875 | 4,875 | ||
| Postage | 83 | 83 | ||
| Property Insurance | 59,729 | 59,729 | ||
| Research & Development | 14,545 | |||
| Telephone | 1,786 | 1,786 | ||
| Website | 406 | 406 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other Investment Inc. | 10,492 | 10,492 | |
| Partnership Income | -156,507 | -156,507 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Deferred Excise Tax | 60,437 | 241,307 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Fees | 300,304 | 300,304 | 0 | 0 |
| Other Professional Fees | 58,185 | 0 | 0 | 58,185 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Excise Tax Provision | 235,277 | |||
| Property Taxes | 4,836 | 4,836 | ||
| State Taxes | 1,600 |