TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2024

Open to Public Inspection

For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024

Name of foundation
Sunstone Foundation

% JAMES TRIANDIFLOU

Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377

A Employer identification number

88-1593190

B Telephone number (see instructions)

(800) 839-1754

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$495,279J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)	1,184,664
2	Check .............
3	Interest on savings and temporary cash investments	2,356		2,356
4	Dividends and interest from securities...	344		344
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		490
b	Gross sales price for all assets on line 6a 1,383,807
7	Capital gain net income (from Part IV, line 2)...			383,758
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........	1,187,854		386,458
13	Compensation of officers, directors, trustees, etc.	12,500				12,500
14	Other employee salaries and wages......	164,833				164,833
15	Pension plans, employee benefits.......	21,191				21,191
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	5,000			5,000
17	Interest...............	721
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	8,300
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	28,282		0
20	Occupancy..............
21	Travel, conferences, and meetings.......	20,415				20,344
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	30,106			28,074
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	291,348		0	0	251,942
25	Contributions, gifts, grants paid.......	945,904				784,924
26	Total expenses and disbursements. Add lines 24 and 25	1,237,252		0	0	1,036,866
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-49,398
b	Net investment income (if negative, enter -0-)			386,458
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2024)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	11,355	141,710	141,710
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule) 250,000
		Less: allowance for doubtful accounts	250,000	List of Attached Documents: // Content 250,000	271,699
	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).......	198,652	List of Attached Documents: // Content 10,273	10,233
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 141,409
		Less: accumulated depreciation (attach schedule) 69,772	99,919	List of Attached Documents: // Content 71,637	71,637
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	559,926	473,620	495,279
	17	Accounts payable and accrued expenses..........	20,042
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons	18,496
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	38,538	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	521,388	473,620
	29	Total net assets or fund balances (see instructions).....	521,388	473,620
	30	Total liabilities and net assets/fund balances (see instructions).	559,926	473,620

Part III

Analysis of Changes in Net Assets or Fund Balances

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

521,388

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

-49,398

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

List of Attached Documents:

// Content

1,630

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

473,620

Decreases not included in line 2 (itemize) right arrow

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

473,620

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	Publicly-traded Securities
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,383,807	1,000,049	383,758
b
c
d
e

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			383,758
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	383,758
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	5,372
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	5,372
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	5,372
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	6,690
b	Exempt foreign organizations—tax withheld at source......	6b	0
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	6,690
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,318
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax1,318	Refunded	11

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

it participate or intervene in any political campaign? Click to see attachment

List of Attached Documents:

// Content

....................

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

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

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

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

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

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

(1) On the foundation. right arrow

$ (2) On foundation managers. right arrow

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

on foundation managers. right arrow

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

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

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

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes Click to see attachment

List of Attached Documents:

// Content

....

Yes

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

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

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

Yes

If "Yes," attach the statement required by General Instruction T. Click to see list of attachments

List of Attached Documents:

// Content

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

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

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

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

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

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

Yes

Website address right arrow

The books are in care of right arrow

JAMES TRIANDIFLOU Telephone no. right arrow

(800) 839-1754

Located at right arrow

7602 McCrimmon ParkwayCaryNC ZIP+4 right arrow

27519

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

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

16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow

Form 990-PF (2024)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

Yes

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

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

1a(5)

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

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

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

1a(6)

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

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

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

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

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

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

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

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

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

If "Yes," list the years right arrow

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2024.) .....................

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

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

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

Form 990-PF (2024)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
Jody Foster	Dir 1.0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir 1.0	0
Lynn Franey	Dir 1.0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir 1.0	0
Amy Triandiflou	Dir 1.0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir 1.0	0
Annagrace Triandiflou	Dir 1.0	12,500
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir 1.0	12,500
Daniel Triandiflou	Dir 1.0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir 1.0	0
James Triandiflou	Dir, Pres 1.0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir, Pres 1.0	0

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


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
Ursula Krishtal	Foundation Person 1.0	60,000
1113 Arborgate Cir Chapel Hill,NC27514	Foundation Person 1.0	60,000
SAMUEL FISHER JR	0 1.0	50,000
8 EASTCREST CT DURHAM,NC27703	0 1.0	50,000






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

Form 990-PF (2024)

Page 7

Part VII

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

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation

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

Part VIII-A

Summary of Direct Charitable Activities

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2024)

Page 8

Part IX

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

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

purposes:

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

6,845

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

211,234

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

271,699

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

489,778

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

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

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

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

489,778

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

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

7,347

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

482,431

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

24,122

Part X

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

and do not complete this part.)

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

24,122

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

5,372

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

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

5,372

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

18,750

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

1,630

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

20,380

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

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

20,380

Part XI

Qualifying Distributions (see instructions)

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

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

1,036,866

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

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

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

160,980

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

1,197,846

Form 990-PF (2024)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2024
1 Distributable amount for 2024 from Part X, line 7			20,380
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......
b Total for prior years:20 , 20, 20
3 Excess distributions carryover, if any, to 2024:
a From 2019......
b From 2020......
c From 2021......
d From 2022......	92,592
e From 2023......	1,088,319
f Total of lines 3a through e ........		1,180,911
4Qualifying distributions for 2024 from Part
XI, line 4: $ 1,197,846
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.....			20,380
e Remaining amount distributed out of corpus		1,177,466
5 Excess distributions carryover applied to 2024.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		2,358,377
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........			0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2019 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		2,358,377
10 Analysis of line 9:
a Excess from 2020....
b Excess from 2021....
c Excess from 2022....	92,592
d Excess from 2023....	1,088,319
e Excess from 2024....	1,177,466

Form 990-PF (2024)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow

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

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

James Triandiflou

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)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
A GIFT FOR TEACHING INC 6501 MAGIC WAY BLDG 400C ORLANDO,FL32809	N/A	PC	General & Unrestricted	10,000
AN OPEN BOOK FOUNDATION 508 KENNEDY ST NW 309 WASHINGTON,DC20011	N/A	PC	General & Unrestricted	5,000
ASSISTANCE LEAGUE OF LOS ANGELES 6640 W SUNSET BLVD LOS ANGELES,CA90028	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	959
BAND TOGETHER PO BOX 6445 RALEIGH,NC27628	N/A	PC	General & Unrestricted	25,000
BATON ROUGE BOOK DROP INC 3819 JOLLY DR BATON ROUGE,LA70808	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	3,596
BOOK EM 161 RAINS AVE NASHVILLE,TN37203	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
BOOK FAIRIES INC 70 NORTH MAIN ST FREEPORT,NY11520	N/A	PC	General & Unrestricted	77,185
BOOKS BETWEEN KIDS INC PO BOX 25072 HOUSTON,TX77265	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	1,345
BOOKS LIKE ME INC 7021 PELICAN ISLAND DR TAMPA,FL33634	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
BOOKS SAVE LIVES 902 N RICHEY BLVD TUCSON,AZ85716	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	365
BORN TO READ INC 703 BLADEN ST BEAUFORT,SC29902	N/A	PC	General & Unrestricted	8,700
CHILDREN READ INC 1271 JODY LN NE ATLANTA,GA30329	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	2,282
CHILDRENS ADVOCACY CENTER FOR THE PIKES PEAK REGIO 2335 ROBINSON ST COLO SPRINGS,CO80904	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	1,060
CHILDRENS CABINET INC A CHILD AND FAMILY RESOURCE 1090 S ROCK BLVD RENO,NV89502	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	6,085
CHILDRENS LITERACY CENTER INC 2928 STRAUS LN STE 100 COLORADO SPGS,CO80907	N/A	PC	General & Unrestricted	10,000
CHILDRENS READING ALLIANCE 3880 FOOTHILLS RD STE A LAS CRUCES,NM88011	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
COMMUNITY PARTNERS PO BOX 741265 LOS ANGELES,CA90074	N/A	PC	General & Unrestricted	20,000
DEEP CENTER INCORPORATED 200 E SAINT JULIAN ST STE 524 SAVANNAH,GA31401	N/A	PC	General & Unrestricted	12,000
DRAWCHANGE INC PO BOX 55627 ATLANTA,GA30308	N/A	PC	General & Unrestricted	4,000
EPISCOPAL DIOCESE OF ATLANTA INC 2744 PEACHTREE RD NW ATLANTA,GA30305	N/A	PC	General & Unrestricted	13,400
EVERY CHILD A READER IN ESCAMBIA PO BOX 71 PENSACOLA,FL32591	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
EVERYONES DREAM COME TRUE PO BOX 5890 AUSTIN,TX78763	N/A	PC	Dream Achiever Wrap-Around Program	25,000
FAMILY TREE INC 3805 MARSHALL ST WHEATRIDGE,CO80033	N/A	PC	General & Unrestricted	2,000
FIRST GEN SUCCESS 13524 BOULDER CREEK DR CHARLOTTE,NC28273	N/A	PC	General & Unrestricted	8,500
FOSTER THE LOVE LOUISIANA INC 113 JARED DR BROUSSARD,LA70518	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	6,211
GOVERNORS EARLY LITERACY FOUNDATION 710 JAMES ROBERTSON PKWY ANDREW JOH NASHVILLE,TN37243	N/A	PC	General & Unrestricted	55,000
HOPE AT HAND INC 3886 ATLANTIC BLVD JACKSONVILLE,FL32207	N/A	PC	General & Unrestricted	5,000
HOPE CENTER INC 3400 N ELIZABETH ST DENVER,CO80205	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
JEKL INSTITUTE 3532 N FRANKLIN ST SUITE V DENVER,CO80205	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
JERSEY CITY CONNECTIONS INC 3000 JOHN F KENNEDY BLVD STE 306 JERSEY CITY,NJ07306	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
KID SMART 2533 COLUMBUS ST STE 201 NEW ORLEANS,LA70119	N/A	PC	General & Unrestricted	9,385
KIDS ON THE MOVE 5011 CARRIAGE PASS PL LOUISVILLE,KY40299	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	28
KIDS ON THE MOVE INC 475 W 260 N OREM,UT84057	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	25
LAMBERT HOUSE PO BOX 23111 SEATTLE,WA98102	N/A	PC	General & Unrestricted	29,612
LEAD TO READ INC PO BOX 411006 KANSAS CITY,MO64141	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
LITERACY TOGETHER 31 COLLEGE PL STE 221B ASHEVILLE,NC28801	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	3,789
LITTLE FREE LIBRARY LTD 2327 WYCLIFF ST SAINT PAUL,MN55114	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	5,518
LITTLE READ WAGON 3825 SIERRA VISTA WAY NORMAN,OK73071	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
LOVE OF LEARNING INC 8404 MARY MUNDIE LN MECHANICSVLLE,VA23111	N/A	PC	General & Unrestricted	2,193
MAKE WAY FOR BOOKS 700 N STONE AVE TUCSON,AZ85705	N/A	PC	General & Unrestricted	328
MORE BOOKS IN CHILDRENS HANDS 1022 OAK HILLS DR COLORADO SPGS,CO80919	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	2,063
NATIONAL BLACK CHILD DEVELOPMENT INSTITUTE INC 8455 COLESVILLE RD STE 910 SILVER SPRING,MD20910	N/A	PC	General & Unrestricted	5,000
BLACK CHILD DEVELOPMENT INSTITUTE OF GREENSBORO IN 415 N EDGEWORTH ST SUITE 230 GREENSBORO,NC27401	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	227
NATIONAL BLACK CHILD DEVELOPMENT INSTITUTE-CAROLIN 7209 E W T HARRIS BLVD STE J CHARLOTTE,NC28227	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	3,358
NEVADA KIDS FOUNDATION INC 21 CANARY CT SPARKS,NV89441	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	1,280
NORTH CAROLINA BUSINESS LEADERS FOR EDUCATION 501 SAS CAMPUS DRIVE BLDG V CARY,NC27513	N/A	PC	General & Unrestricted	25,000
OLIVIA S HOUSE-A GRIEF AND LOSS CENTER FOR CHILDRE 830 S GEORGE ST YORK,PA17403	N/A	PC	General & Unrestricted	1,000
OSWEGO COLLEGE FOUNDATION INC 215 SHELDON HALL SUNY OSWEGO OSWEGO,NY13126	N/A	PC	to support oswego board meeting	385
PAGE AHEAD CHILDRENS LITERACY PRGM 1130 NW 85TH ST SEATTLE,WA98117	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
PEAK EDUCATION 1645 S MURRAY BLVD COLORADO SPGS,CO80916	N/A	PC	General & Unrestricted	20,000
PROMISING PAGES 4020 YANCEY RD CHARLOTTE,NC28217	N/A	PC	General & Unrestricted	25,000
READ A BOOK EARN A BOOK INC 435 S TRYON ST UNIT 601 CHARLOTTE,NC28202	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	3,593
READ AND FEED 193 HIGH HOUSE RD CARY,NC27511	N/A	PC	General & Unrestricted	5,000
READ TO SUCCEED ASHEVILLE PO BOX 18652 ASHEVILLE,NC28814	N/A	PC	General & Unrestricted	6,000
READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INCO 7250 BANDINI BLVD STE 209 COMMERCE,CA90040	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
READING IS FUNDAMENTAL PITTSBURG 10 CHILDRENS WAY STE 300 PITTSBURGH,PA15212	N/A	PC	General & Unrestricted	35,000
READING QUEST 369 MONTEZUMA AVE PMB 652 SANTA FE,NM87501	N/A	PC	General & Unrestricted	25,000
READING READY PITTSBURGH 1800 MURRAY AVE PITTSBURGH,PA15217	N/A	PC	General & Unrestricted	6,000
READY READERS 10403 BAUR BLVD STE H SAINT LOUIS,MO63132	N/A	PC	General & Unrestricted	8,000
SHADOW PROJECT PO BOX 3107 PORTLAND,OR97208	N/A	PC	General & Unrestricted	25,000
SPECIAL OLYMPICS NORTH CAROLINA INC 2200 GATEWAY CENTRE BLVD STE 201 MORRISVILLE,NC27560	N/A	PC	General & Unrestricted	25,000
SPREAD THE WORD NEVADA 5373 ARVILLE ST LAS VEGAS,NV89118	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
START THE ADVENTURE IN READING INC 1545 STATE ST NEW ORLEANS,LA70118	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	6,556
STEM LIBRARY LAB 3011 N I 10 SERVICE RD E METAIRIE,LA70002	N/A	PC	General & Unrestricted	5,000
SURE PASSAGE 6660 DELMONICO DR STE D PMB 509 COLORADO SPGS,CO80919	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	173
TELLER PARK EARLY CHILDHOOD COUNCIL PO BOX 777 WOODLAND PARK,CO80866	N/A	PC	General & Unrestricted	6,000
THE ALICE AYCOCK POE CENTER FOR HEALTH EDUCATION 224 SUNNYBROOK RD RALEIGH,NC27610	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
THE EDUCATION PARTNERSHIP 281 CORLISS ST PITTSBURGH,PA15220	N/A	PC	General & Unrestricted	173,759
TIME OUT YOUTH 3800 MONROE RD CHARLOTTE,NC28205	N/A	PC	General & Unrestricted	5,000
TREE HOUSE BOOKS 1430 W SUSQUEHANNA AVE PHILADELPHIA,PA19121	N/A	PC	General & Unrestricted	4,000
TREEHOUSE 2100 24TH AVE S STE 200 SEATTLE,WA98144	N/A	PC	General & Unrestricted	35,000
TURNING THE PAGE 1300 I ST NW STE 400E WASHINGTON,DC20005	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	9,509
UPLIFT LITERACY INC 8300 SW 162ND ST PALMETTO BAY,FL33157	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
WATSON CHILDRENS SHELTER INC 4978 BUCKHOUSE LN MISSOULA,MT59804	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
WHERE LOVE GROWS INC 13948 CIRCA CROSSING DR APT 312 LITHIA,FL33547	N/A	PC	General & Unrestricted	20,000
YOUNG BLACK & LIT 1200 PITNER AVE EVANSTON,IL60202	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	13,791
YOUTHLINC 6084 S 900 E STE 200 MURRAY,UT84121	N/A	PC	General & Unrestricted	5,000
AN OPEN BOOK FOUNDATION 508 KENNEDY ST NW 309 WASHINGTON,DC20011	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
BOOK FAIRIES INC 70 NORTH MAIN ST FREEPORT,NY11520	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	3,614
BORN TO READ INC 703 BLADEN ST BEAUFORT,SC29902	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	3,376
CHILDRENS LITERACY CENTER INC 2928 STRAUS LN STE 100 COLORADO SPGS,CO80907	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	8,175
COMMUNITY PARTNERS PO BOX 741265 LOS ANGELES,CA90074	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
DEEP CENTER INCORPORATED 200 E SAINT JULIAN ST STE 524 SAVANNAH,GA31401	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	8,360
EPISCOPAL DIOCESE OF ATLANTA INC 2744 PEACHTREE RD NW ATLANTA,GA30305	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	657
FIRST GEN SUCCESS 13524 BOULDER CREEK DR CHARLOTTE,NC28273	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
HOPE AT HAND INC 3886 ATLANTIC BLVD JACKSONVILLE,FL32207	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	2,156
KID SMART 2533 COLUMBUS ST STE 201 NEW ORLEANS,LA70119	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
NATIONAL BLACK CHILD DEVELOPMENT INSTITUTE INC 8455 COLESVILLE RD STE 910 SILVER SPRING,MD20910	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	6,178
OLIVIA S HOUSE-A GRIEF AND LOSS CENTER FOR CHILDRE 830 S GEORGE ST YORK,PA17403	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	4,201
PEAK EDUCATION 1645 S MURRAY BLVD COLORADO SPGS,CO80916	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
PROMISING PAGES 4020 YANCEY RD CHARLOTTE,NC28217	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	2,693
READ AND FEED 193 HIGH HOUSE RD CARY,NC27511	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
READ TO SUCCEED ASHEVILLE PO BOX 18652 ASHEVILLE,NC28814	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	14,729
READING IS FUNDAMENTAL PITTSBURG 10 CHILDRENS WAY STE 300 PITTSBURGH,PA15212	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	2,099
READING QUEST 369 MONTEZUMA AVE PMB 652 SANTA FE,NM87501	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	959
READING READY PITTSBURGH 1800 MURRAY AVE PITTSBURGH,PA15217	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	2,376
READY READERS 10403 BAUR BLVD STE H SAINT LOUIS,MO63132	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	657
SHADOW PROJECT PO BOX 3107 PORTLAND,OR97208	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	7,365
STEM LIBRARY LAB 3011 N I 10 SERVICE RD E METAIRIE,LA70002	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	1,761
TIME OUT YOUTH 3800 MONROE RD CHARLOTTE,NC28205	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	4,830
TREE HOUSE BOOKS 1430 W SUSQUEHANNA AVE PHILADELPHIA,PA19121	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	5,242
WHERE LOVE GROWS INC 13948 CIRCA CROSSING DR APT 312 LITHIA,FL33547	N/A	PC	General & Unrestricted (IN-KIND GRANT - SEE GENERAL EXPLANATION)	328
Total ................................. 3a				945,904

bApproved for future payment

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

Form 990-PF (2024)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	2,356
4 Dividends and interest from securities ....			14	344
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	490
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) ..				3,190

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

3,190

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2024)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

Name of the organization

Sunstone Foundation

Employer identification number

88-1593190

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025) Page 2

Name of organization Sunstone Foundation

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	JAMES A TRIANDIFLOU 2015 REV TR 7602 MCCRIMMON PARKWAY Cary, NC275190847	$ 1,184,664	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 3

Name of organization Sunstone Foundation		Employer identification number 88-1593190

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	SPDR S&P 500 ETF TRUST SPY, 354 sh.	$ 174,407	2024-02-02
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	SPDR S&P 500 ETF TRUST SPY, 197 sh.	$ 100,452	2024-03-15
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	SPDR S&P 500 ETF TRUST SPY, 964 sh.	$ 500,350	2024-04-08
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	SPDR S&P 500 ETF TRUST SPY, 703 sh.	$ 409,455	2024-10-22
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 4


Name of organization Sunstone Foundation			Employer identification number 88-1593190
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

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

TY 2024 DepreciationSchedule

Name:

Sunstone Foundation

EIN:

88-1593190

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
PENNY PROJECT RV	2022-06-24	132,085	41,490	SL	5	28,282		0
PENNY PROJECT RV	2022-06-24	9,324	0	SL	5	0

- TIN:

TY 2024 GeneralExplanationAttachment

Name:

Sunstone Foundation

EIN:

88-1593190

Identifier	Return Reference	Explanation
FORM 990-PF, PARTS I AND XIV	FORM 990-PF, PARTS I AND XIV	TOTAL Part I, Line 25, Column (a) and Part XIV, Line 3a: $945,904 Less amount counted as a qualifying distribution on Part XI, Line 2: $160,980 TOTAL Part I, Line 25, Column (d): $784,924
PART I LINE 25 AND PART XIV LINE 3A	PART I LINE 25 AND PART XIV LINE 3A	DISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING VALUE OF DONATED ITEMS: PURCHASE PRICE TOTAL FAIR MARKET VALUE OF PROPERTY: $160,980 TOTAL BOOK VALUE OF PROPERTY: $160,980 TOTAL CASH PORTION OF GRANTS: $- TOTAL AMOUNT OF GRANTS: $160,980 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES/DECREASES: $- DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: 3/11/2024 GRANT RECIPIENT: An Open Book Foundation FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 250 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Assistance League of Los Angeles FMV OF PROPERTY: $959 BOOK VALUE OF PROPERTY: $959 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $959 DESCRIPTION OF PROPERTY: Books UNITS: 606 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Baton Rouge Book Drop Inc FMV OF PROPERTY: $3,596 BOOK VALUE OF PROPERTY: $3,596 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $3,596 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Book Em FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 760 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Book Fairies Inc FMV OF PROPERTY: $3,614 BOOK VALUE OF PROPERTY: $3,614 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $3,614 DESCRIPTION OF PROPERTY: Books UNITS: 255 DATE OF DISTRIBUTION: 1/15/2024 GRANT RECIPIENT: Books Between Kids Inc FMV OF PROPERTY: $1,345 BOOK VALUE OF PROPERTY: $1,345 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $1,345 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Books Like Me Inc FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 45 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Books Save Lives FMV OF PROPERTY: $365 BOOK VALUE OF PROPERTY: $365 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $365 DESCRIPTION OF PROPERTY: Books UNITS: 565 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Born To Read Inc FMV OF PROPERTY: $3,376 BOOK VALUE OF PROPERTY: $3,376 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $3,376 DESCRIPTION OF PROPERTY: Books UNITS: 436 DATE OF DISTRIBUTION: 2/29/2024 GRANT RECIPIENT: Children Read Inc FMV OF PROPERTY: $2,282 BOOK VALUE OF PROPERTY: $2,282 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $2,282 DESCRIPTION OF PROPERTY: Books UNITS: 83 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Childrens Advocacy Center for the Pikes Peak Region Inc FMV OF PROPERTY: $1,060 BOOK VALUE OF PROPERTY: $1,060 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $1,060 DESCRIPTION OF PROPERTY: Books UNITS: 550 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Childrens Cabinet Inc A Child and Family Resource FMV OF PROPERTY: $6,085 BOOK VALUE OF PROPERTY: $6,085 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $6,085 DESCRIPTION OF PROPERTY: Books UNITS: 1025 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Childrens Literacy Center Inc FMV OF PROPERTY: $8,175 BOOK VALUE OF PROPERTY: $8,175 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $8,175 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: 3/11/2024 GRANT RECIPIENT: Children's Reading Alliance FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Community Partners FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 738 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Deep Center Incorporated FMV OF PROPERTY: $8,360 BOOK VALUE OF PROPERTY: $8,360 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $8,360
PART I LINE 25 AND PART XIV LINE 3A	PART I LINE 25 AND PART XIV LINE 3A	DESCRIPTION OF PROPERTY: Books UNITS: 80 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: EPISCOPAL DIOCESE OF ATLANTA INC FMV OF PROPERTY: $657 BOOK VALUE OF PROPERTY: $657 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $657 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: 3/11/2024 GRANT RECIPIENT: Every Chid a Reader in Escambia FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: First Gen Success FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 923 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Foster the Love Louisiana Inc FMV OF PROPERTY: $6,211 BOOK VALUE OF PROPERTY: $6,211 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $6,211 DESCRIPTION OF PROPERTY: Books UNITS: 226 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Hope at Hand Inc FMV OF PROPERTY: $2,156 BOOK VALUE OF PROPERTY: $2,156 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $2,156 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: 3/11/2024 GRANT RECIPIENT: Hope Center Inc FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: 3/11/2024 GRANT RECIPIENT: Jekl Institute FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: 3/11/2024 GRANT RECIPIENT: Jersey City Connections Inc FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: 3/11/2024 GRANT RECIPIENT: Kid Smart FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 2 DATE OF DISTRIBUTION: 1/11/2024 GRANT RECIPIENT: Kids on the Move FMV OF PROPERTY: $28 BOOK VALUE OF PROPERTY: $28 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $28 DESCRIPTION OF PROPERTY: Books UNITS: 2 DATE OF DISTRIBUTION: 1/18/2024 GRANT RECIPIENT: Kids on the Move Inc FMV OF PROPERTY: $25 BOOK VALUE OF PROPERTY: $25 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $25 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: 3/11/2024 GRANT RECIPIENT: Lead to Read Inc FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 420 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Literacy Together FMV OF PROPERTY: $3,789 BOOK VALUE OF PROPERTY: $3,789 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $3,789 DESCRIPTION OF PROPERTY: Books UNITS: 617 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Little Free Library Ltd FMV OF PROPERTY: $5,518 BOOK VALUE OF PROPERTY: $5,518 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $5,518 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: 3/11/2024 GRANT RECIPIENT: Little Read Wagon FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 209 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: More Books in Childrens Hands FMV OF PROPERTY: $2,063 BOOK VALUE OF PROPERTY: $2,063 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $2,063 DESCRIPTION OF PROPERTY: Books UNITS: 908 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: National Black Child Development Institute Inc FMV OF PROPERTY: $6,178 BOOK VALUE OF PROPERTY: $6,178 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $6,178
PART I LINE 25 AND PART XIV LINE 3A	PART I LINE 25 AND PART XIV LINE 3A	DESCRIPTION OF PROPERTY: Books UNITS: 349 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: National Black Child Development Institute-Carolinas FMV OF PROPERTY: $3,358 BOOK VALUE OF PROPERTY: $3,358 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $3,358 DESCRIPTION OF PROPERTY: Books UNITS: 232 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Nevada Kids Foundation Inc FMV OF PROPERTY: $1,280 BOOK VALUE OF PROPERTY: $1,280 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $1,280 DESCRIPTION OF PROPERTY: Books UNITS: 507 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Olivias House-A Grief and Loss Center for Children FMV OF PROPERTY: $4,201 BOOK VALUE OF PROPERTY: $4,201 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $4,201 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: 3/11/2024 GRANT RECIPIENT: Page Ahead Childrens Literacy Prgm FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: 3/11/2024 GRANT RECIPIENT: Peak Education FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 290 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Promising Pages FMV OF PROPERTY: $2,693 BOOK VALUE OF PROPERTY: $2,693 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $2,693 DESCRIPTION OF PROPERTY: Books UNITS: 373 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Read a Book Earn a Book Inc FMV OF PROPERTY: $3,593 BOOK VALUE OF PROPERTY: $3,593 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $3,593 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Read and Feed FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 1435 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Read to Succeed Asheville FMV OF PROPERTY: $14,729 BOOK VALUE OF PROPERTY: $14,729 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $14,729 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Reading Is Fundamental of Southern California Incorporated FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 340 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Reading is Fundamental Pittsburg FMV OF PROPERTY: $2,099 BOOK VALUE OF PROPERTY: $2,099 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $2,099 DESCRIPTION OF PROPERTY: Books UNITS: 250 DATE OF DISTRIBUTION: 3/11/2024 GRANT RECIPIENT: Reading Quest FMV OF PROPERTY: $959 BOOK VALUE OF PROPERTY: $959 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $959 DESCRIPTION OF PROPERTY: Books UNITS: 496 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Reading Ready Pittsburgh FMV OF PROPERTY: $2,376 BOOK VALUE OF PROPERTY: $2,376 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $2,376 DESCRIPTION OF PROPERTY: Books UNITS: 80 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Ready Readers FMV OF PROPERTY: $657 BOOK VALUE OF PROPERTY: $657 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $657 DESCRIPTION OF PROPERTY: Books UNITS: 956 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Shadow Project FMV OF PROPERTY: $7,365 BOOK VALUE OF PROPERTY: $7,365 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $7,365 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Spread the Word Nevada FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328
PART I LINE 25 AND PART XIV LINE 3A	PART I LINE 25 AND PART XIV LINE 3A	DESCRIPTION OF PROPERTY: Books UNITS: 928 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Start the Adventure in Reading Inc FMV OF PROPERTY: $6,556 BOOK VALUE OF PROPERTY: $6,556 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $6,556 DESCRIPTION OF PROPERTY: Books UNITS: 142 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: STEM Library Lab FMV OF PROPERTY: $1,761 BOOK VALUE OF PROPERTY: $1,761 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $1,761 DESCRIPTION OF PROPERTY: Books UNITS: 28 DATE OF DISTRIBUTION: 2/8/2024 GRANT RECIPIENT: Sure Passage FMV OF PROPERTY: $173 BOOK VALUE OF PROPERTY: $173 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $173 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: The Alice Aycock Poe Center for Health Education FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 924 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Time Out Youth FMV OF PROPERTY: $4,830 BOOK VALUE OF PROPERTY: $4,830 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $4,830 DESCRIPTION OF PROPERTY: Books UNITS: 1022 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Tree House Books FMV OF PROPERTY: $5,242 BOOK VALUE OF PROPERTY: $5,242 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $5,242 DESCRIPTION OF PROPERTY: Books UNITS: 782 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Turning the Page FMV OF PROPERTY: $9,509 BOOK VALUE OF PROPERTY: $9,509 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $9,509 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: 3/11/2024 GRANT RECIPIENT: Uplift Literacy Inc FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: 3/11/2024 GRANT RECIPIENT: Watson Childrens Shelter Inc FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 40 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Where Love Grows Inc FMV OF PROPERTY: $328 BOOK VALUE OF PROPERTY: $328 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $328 DESCRIPTION OF PROPERTY: Books UNITS: 1642 DATE OF DISTRIBUTION: VARIOUS GRANT RECIPIENT: Young Black & Lit FMV OF PROPERTY: $13,791 BOOK VALUE OF PROPERTY: $13,791 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $13,791 DESCRIPTION OF PROPERTY: Books UNITS: 38 DATE OF DISTRIBUTION: 1/29/2024 GRANT RECIPIENT: BLACK CHILD DEVELOPMENT INSTITUTE OF GREENSBORO INCORPORATED FMV OF PROPERTY: $227 BOOK VALUE OF PROPERTY: $227 CASH PORTION OF GRANT: $- TOTAL AMOUNT OF GRANT: $227

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

Sunstone Foundation

EIN:

88-1593190

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ISHARES 0-3 MONTH TREASURY	10,273	10,233

- TIN:

TY 2024 LandEtcSchedule2

Name:

Sunstone Foundation

EIN:

88-1593190

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
PENNY PROJECT RV	132,085	69,772	62,313	71,637
PENNY PROJECT RV	9,324	0	9,324

- TIN:

TY 2024 LiquidationExplanationStmt

Name:

Sunstone Foundation

EIN:

88-1593190

Statement:

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $945,904. This amount represents 25% or more of the Foundation's net assets of $561,379 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

- TIN:

TY 2024 OtherExpensesSchedule

Name:

Sunstone Foundation

EIN:

88-1593190

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
Administrative Fees	13,816	13,816
CREDIT CARD FEES	123	123
Cell Phone Expense	1,101	1,101
Equipment Maintenance	9,307	7,641
DIGITAL SUBSCRIPTIONS	161	161
RV TRADER EXPENSE	366
ANNUAL CREDIT CARD FEE	99	99
Office & Supplies	2,218	2,218
PAYROLL TAX CONVENIENCE FEE	52	52
Payroll Processing Fees	2,291	2,291
Postage/Delivery Service	296	296
Website Hosting/Support	276	276

- TIN:

TY 2024 OtherIncreasesSchedule

Name:

Sunstone Foundation

EIN:

88-1593190

Description	Amount
RETURNED GRANTS	1,630

- TIN:

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

TY 2024 OtherNotesLoansRcvblLongSch

Name:

Sunstone Foundation

EIN:

88-1593190

Borrower's Name	Relationship to Insider	Original Amount of Loan	Balance Due	Date of Note	Maturity Date	Repayment Terms	Interest Rate	Security Provided by Borrower	Purpose of Loan	Description of Lender Consideration	Consideration FMV
ELITEGAMINGLIVE INC	NONE	250,000	250,000	2023-06	2025-06	PRINCIPAL & INTEREST UPON MATURITY	800 %	NONE	INVESTMENT	N/A 0

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

Sunstone Foundation

EIN:

88-1593190

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PHILANTHROPIC CONSULTING SRVCS	5,000			5,000

- TIN:

TY 2024 TaxesSchedule

Name:

Sunstone Foundation

EIN:

88-1593190

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
990-PF Estimated Tax for 2024	6,500
990-PF Extension for 2023	1,800