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 01-01-2024 , and ending 12-31-2024
Name of foundation
DURFEE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)700 S FLOWER ST 560
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES, CA90017
A Employer identification number

95-4856207
B Telephone number (see instructions)

(310) 899-5120
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$59,953,614J 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 1,195 1,195  
4 Dividends and interest from securities... 384,446 384,446  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 457,625
b Gross sales price for all assets on line 6a 17,525,468
7 Capital gain net income (from Part IV, line 2)... 2,607,122
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)....... Click to see attachment
List of Attached Documents:
// Content
0 676,131  
12 Total. Add lines 1 through 11........ 843,266 3,668,894  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 413,058 64,959   443,709
14 Other employee salaries and wages...... 338,242 18,197   320,822
15 Pension plans, employee benefits....... 157,221 14,150   143,071
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
14,605 0   14,605
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
60,429 54,386   6,043
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
276,075 242,331   33,744
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
101,601 26,620   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
14,810 0  
20 Occupancy.............. 59,929 0   55,959
21 Travel, conferences, and meetings....... 4,410 0   4,410
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
477,734 0   470,804
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,918,114 420,643   1,493,167
25 Contributions, gifts, grants paid....... 1,847,970 1,614,268
26 Total expenses and disbursements. Add lines 24 and 25 3,766,084 420,643   3,107,435
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,922,818
b Net investment income (if negative, enter -0-) 3,248,251
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets 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............. 117,166 239,675 239,675
2 Savings and temporary cash investments......... 1,282,038 457,143 457,143
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.......... 72,210 37,018 37,018
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 11,920,523 Click to see attachment
List of Attached Documents:
// Content
15,493,242 		15,493,242
c Investments—corporate bonds (attach schedule)....... 2,094,701 Click to see attachment
List of Attached Documents:
// Content
2,772,805 		2,772,805
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).......... 40,456,926 Click to see attachment
List of Attached Documents:
// Content
39,228,882 		39,228,882
14 Land, buildings, and equipment: basis right arrow219,644
Less: accumulated depreciation (attach schedule) right arrow157,758 76,696 Click to see attachment
List of Attached Documents:
// Content
61,886 		61,886
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
115,061 		Click to see attachment
List of Attached Documents:
// Content
1,662,963 		Click to see attachment
List of Attached Documents:
// Content
1,662,963
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 56,135,321 59,953,614 59,953,614
Liabilities 17 Accounts payable and accrued expenses.......... 163,975 56,133
18 Grants payable................. 1,129,097 1,362,800
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
207,915 		Click to see attachment
List of Attached Documents:
// Content
209,957
23 Total liabilities (add lines 17 through 22)......... 1,500,987 1,628,890
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........... 54,634,334 58,324,724
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 54,634,334 58,324,724
30 Total liabilities and net assets/fund balances (see instructions). 56,135,321 59,953,614
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
54,634,334
2
Enter amount from Part I, line 27a .....................
2
-2,922,818
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
6,613,208
4
Add lines 1, 2, and 3 ..........................
4
58,324,724
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
58,324,724
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 PUBLICLY TRADED SECURITIES      
b ALTERNATIVE INVESTMENT P    
c ALTERNATIVE INVESTMENT P    
d
e
(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 17,525,436   17,067,843 457,593
b       2,149,497
c 32     32
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       457,593
b       2,149,497
c       32
d
e
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 2,607,122
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  
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 45,151
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 45,151
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 45,151
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 76,019
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 76,019
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 30,868
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow30,868 Refundedright arrow 11 0
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 arrowCA
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 arrowHTTPS://DURFEE.ORG/
14
The books are in care ofright arrowMARIA GUADALUPE CABILDO Telephone no.right arrow (310) 899-5120

Located atright arrow700 S FLOWER ST 560LOS ANGELESCA ZIP+4right arrow90017
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)
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)
 
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
 
No
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
THEODORE AVERY PRESIDENT
2.00 		5,000 0 0
700 S FLOWER ST SUITE 560
LOS ANGELES,CA90017
ROBERT SAINZ VICE PRESIDENT
2.00 		5,000 0 0
700 S FLOWER ST SUITE 560
LOS ANGELES,CA90017
DIANA MCKEE SECRETARY
2.00 		5,000 0 0
700 S FLOWER ST SUITE 560
LOS ANGELES,CA90017
HALINA AVERY TREASURER
2.00 		5,000 0 0
700 S FLOWER ST SUITE 560
LOS ANGELES,CA90017
SANDRA BYRANT TRUSTEE
2.00 		5,000 0 0
700 S FLOWER ST SUITE 560
LOS ANGELES,CA90017
PAULINA DANIELS TRUSTEE
2.00 		5,000 0 0
700 S FLOWER ST SUITE 560
LOS ANGELES,CA90017
DOUGLAS NEWKIRK TRUSTEE
2.00 		5,000 0 0
700 S FLOWER ST SUITE 560
LOS ANGELES,CA90017
MICHAEL NEWKIRK TRUSTEE
2.00 		5,000 0 0
700 S FLOWER ST SUITE 560
LOS ANGELES,CA90017
CLAIRE PEEPS EXECUTIVE DIRECTOR
40.00 		373,058 30,000 0
700 S FLOWER ST SUITE 560
LOS ANGELES,CA90017
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
STELLA CHUNG PROGRAM MANAGER
40.00 		161,971 19,421 0
700 S FLOWER ST SUITE 560
LOS ANGELES,CA90017
YVONNE MACIAS CEVANTES PROGRAM MANAGER
40.00 		97,279 8,600 0
700 S FLOWER ST SUITE 560
LOS ANGELES,CA90017
ELMER PORTILLO PROGRAM MANAGER
40.00 		68,992 0 0
700 S FLOWER ST SUITE 560
LOS ANGELES,CA90017
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
ANGELES INVESTMENT ADVISORS INVESTMENT SERVICES 211,610
429 SANTA MONICA BLVD SUITE 650
SANTA MONICA,CA90401
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
57,564,199
b
Average of monthly cash balances.......................
1b
767,851
c
Fair market value of all other assets (see instructions)................
1c
1,761,867
d
Total (add lines 1a, b, and c).........................
1d
60,093,917
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
60,093,917
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
901,409
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
59,192,508
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,959,625
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
2,959,625
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
45,151
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
45,151
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,914,474
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,914,474
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
2,914,474
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
3,107,435
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
3,107,435
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 2,914,474
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......  
b From 2020...... 216,921
c From 2021...... 617,618
d From 2022...... 236,544
e From 2023...... 186,587
f Total of lines 3a through e ........ 1,257,670
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 3,107,435
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..... 2,914,474
e Remaining amount distributed out of corpus 192,961
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 1,450,631
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) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		1,450,631
10 Analysis of line 9:
a Excess from 2020.... 216,921
b Excess from 2021.... 617,618
c Excess from 2022.... 236,544
d Excess from 2023.... 186,587
e Excess from 2024.... 192,961
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 e-mail address of the person to whom applications should be addressed:
MARIA GUADALUPE CABILDO
700 S FLOWER ST SUITE 560
LOS ANGELES,CA90017
(310) 899-5120
bThe form in which applications should be submitted and information and materials they should include:
LETTER FORM - GO TO HTTPS://DURFEE.ORG/
cAny submission deadlines:
NO
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GO TO HTTPS://DURFEE.ORG/
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

A LITTLE HELP

2755 SOUTH LOCUST STREET SUITE 220
DENVER,CO90811 		  PC MATCHING GIFT PROGRAM 1,038

ALL PEOPLES COMMUNITY CENTER

822 E 20TH STREET
LOS ANGELES,CA90011 		  PC MATCHING GIFT PROGRAM 1,003

ALLIES FOR EVERY CHILD

5721 W SLAUSON AVE SUITE 200
CULVER CITY,CA90230 		  PC SABBATICAL GRANT 50,000

AMITY FOUNDATION

3745 SOUTH GRAND AVENUE
LOS ANGELES,CA90007 		  PC STANTON FELLOWSHIP 37,500

AMITY FOUNDATION

3745 SOUTH GRAND AVENUE
LOS ANGELES,CA90007 		  PC MATCHING GIFT PROGRAM 1,000

ANERA

1101 15TH STREET NW SUITE 401
WASHINGTON,DC20005 		  PC MATCHING GIFT PROGRAM 150

ASIAN AMERICAN DRUG ABUSE PROGRAM INC

4654 W 18TH STREET
LOS ANGELES,CA90019 		  PC MATCHING GIFT PROGRAM 200

BETTER YOUTH INC

1465 TAMARIND AVE SUITE 216
LOS ANGELES,CA90028 		  PC LARK AWARD 30,000

BLACK THUMB FARM

8380 VENTURA CYN AVE
PANORAMA CITY,CA91402 		  PC MATCHING GIFT PROGRAM 100

CALIFORNIA ASSOCIATION OF NONPROFITS

870 MARKET STREET SUITE 985
SAN FRANCISCO,CA94102 		  PC GENERAL OPERATING 16,848

CENTER FOR NONPROFIT MANAGEMENT

1000 N ALAMEDA ST SUITE 250
LOS ANGELES,CA90012 		  PC GENERAL OPERATING 16,848

CENTER FOR REPRODUCTIVE RIGHTS

199 WATER STREET
NEW YORK,NY10038 		  PC MATCHING GIFT PROGRAM 100

CENTRAL AMERICAN RESOURCE CENTER

2845 W 7TH ST
LOS ANGELES,CA90005 		  PC MATCHING GIFT PROGRAM 125

CHIRLA

2533 WEST 3RD STREET SUITE 101
LOS ANGELES,CA90057 		  PC MATCHING GIFT PROGRAM 120

COALITION FOR CLEAN AIR

800 WILSHIRE BLVD SUITE 1010
LOS ANGELES,CA90017 		  PC SABBATICAL GRANT 60,000

COALITION TO ABOLISH SLAVERY & TRAFFICKING

3580 WILSHIRE BLVD 900-37
LOS ANGELES,CA90010 		  PC STANTON FELLOWSHIP 46,271

COLLEGE ACCESS PLAN

871 E WASHINGTON BLVD SUITE 207
PASADENA,CA91104 		  PC LARK AWARD 30,000

COMMUNITY COALITION FOR SUBSTANCE ABUSE PREVENTION AND TREATMENT

8101 S VERMONT AVENUE
LOS ANGELES,CA90044 		  PC PASS THE BATON EXHIBITION 25,000

COMMUNITY PARTNERS

1000 N ALAMEDA ST SUITE 240
LOS ANGELES,CA90012 		  PC LARK AWARD 120,000

COMUNIDADES INDIGENAS EN LIDERAZGO

4318 SOUTH MAIN STREET
LOS ANGELES,CA90037 		  PC SABBATICAL GRANT 56,160

CONCERNED CITIZENS COMMUNITY INVOLVEMENT

1655 WEST MANCHESTER AVENUE
LOS ANGELES,CA90047 		  PC SPRINGBOARD FUND 45,000

COOPERATION LA

1370 N ST ANDREWS
LOS ANGELES,CA90028 		  PC LARK AWARD 30,000

CREATIVE REACTION LAB

2002 CONGRESIONAL DRIVE 28339
ST LOUIS,MO63146 		  PC MATCHING GIFT PROGRAM 115

CROWDEN MUSIC CENTER

1475 ROSE STREET
BERKLEY,CA94702 		  PC MATCHING GIFT PROGRAM 270

DIY GIRLS

PO BOX 330662
PACOIMA,CA91333 		  PC LARK AWARD 30,000

EAST YARD COMMUNITIES FOR ENVIRONMENTAL JUSTICE

2317 SOUTH ATLANTIC BLVD
COMMERCE,CA90040 		  PC LARK AWARD 30,000

EXECUTIVE SERVICE CORPS OF SOUTHERN CALIFORNIA

1000 N ALAMEDA ST SUITE 330
LOS ANGELES,CA90012 		  PC MATCHING GIFT PROGRAM 250

FOOD FORWARD

7412 FULTON AVE 3
NORTH HOLLYWOOD,CA91605 		  PC SABBATICAL GRANT 60,000

FORGOTTEN CHILDREN INC

4401 ATLENTIC AVE SUITE 200
LONG BEACH,CA90807 		  PC LARK AWARD 30,000

FULCRUM ARTS

145 NORTH RAYMOND AVENUE
PASADENA,CA91103 		  PC SPRINGBOARD FUND 50,000

GARDENA VALLEY JAPANESE CULTURAL INSTITUTE

1964 W 162ND ST
GARDENA,CA90247 		  PC LARK AWARD 30,000

GENTE ORGANIZADA

2121 ARROYO DR
POMONA,CA91768 		  PC LARK AWARD 30,000

GRACE DINER

4427 OVERALND AVE
CULVER CITY,CA90232 		  PC MATCHING GIFT PROGRAM 125

GUTTMACHER INSTITUTE

125 MAIDEN LABE 7TH FLOOR
NEW YORK,NY10038 		  PC MATCHING GIFT PROGRAM 100

HAVEN HILLS INC

PO BOX 260
CANOGA PARK,CA91305 		  PC SABBATICAL GRANT 50,000

HAWAII ALLIANCE FOR PROGRESSIVE ACTION

PO BOX 1534
KAPAA,HI96746 		  PC MATCHING GIFT PROGRAM 521

HEART OF LOS ANGELES

2701 WILSHIRE BLVD 100
LOS ANGELES,CA90057 		  PC STANTON FELLOWSHIP 70,282

HOMEWORKS TRENTON

174 NASSAU STREET BOX 196
PRINCETON,NJ08542 		  PC MATCHING GIFT PROGRAM 75

KANU HAWAII

1050 QUEEN ST
HONOLULU,HI96814 		  PC MATCHING GIFT PROGRAM 350

LA COMPOST

4700 GRIFFIN AVE
LOS ANGELES,CA90031 		  PC MATCHING GIFT PROGRAM 1,400

LAHAINA COMMUNITY LAND TRUST

PO BOX 12580
LAHAINA,HI96761 		  PC MATCHING GIFT PROGRAM 1,500

LINCOLN HEIGHTS DOLLARS FOR SCHOLARS

PO BOX 33286
LOS ANGELES,CA90033 		  PC MATCHING GIFT PROGRAM 250

MEZTLI PROJECTS

754 S LA VERNE
LOS ANGELES,CA90022 		  PC STANTON FELLOWSHIP 50,188

MINNESOTA LANDSCAPE ARBORETUM

3675 ARBORETUM DRIVE
CHASKA,MN55318 		  PC MATCHING GIFT PROGRAM 125

MOCKINGBIRD INCUBATOR

5009 YORK BOULEVARD
LOS ANGELES,CA90042 		  PC SPRINGBOARD FUND 45,000

MOVIMIENTO PODER

1009 GRANT STREET
DENVER,CO80203 		  PC MATCHING GIFT PROGRAM 78

MUJERES DE LA TIERRA

570 W AVENUE 26
LOS ANGELES,CA90065 		  PC LARK AWARD 30,000

MUSEUM OF JURASSIC TECHNOLOGY

9341 VENICE BLVD
CULVER CITY,CA90232 		  PC MATCHING GIFT PROGRAM 2,500

OPEN PATHS COUNSELING CENTER

301 N PRAIRIE AVE SUITE 510
INGLEWOOD,CA90301 		  PC LARK AWARD 30,000

PALESTINE CHILDREN'S RELIEF FUND

PO BOX 1926
KENT,OH44240 		  PC MATCHING GIFT PROGRAM 270

PEACE OVER VIOLENCE

1541 WILSHIRE BLVD 3FL
LOS ANGELES,CA90017 		  PC MATCHING GIFT PROGRAM 256

PLANNED PARENTHOOD

PO BOX 97166
WASHINGTON,DC20090 		  PC MATCHING GIFT PROGRAM 125

SOCIAL & ENVIRONMENTAL ENTREPRENEURS

23564 CALABASAS SUITE 201
CALABASAS,CA91302 		  PC TRUST-BASED PHILANTHROPY 100,000

SOUTH ASIAN NETWORK

18173 PIONEER BLVD SUITE I
ARTESIA,CA30701 		  PC LARK AWARD 30,000

SOUTHERN CALIFORNIA GRANTMAKERS

1000 NORTH ALAMEDA STREET SUITE 230
LOS ANGELES,CA90012 		  PC NONPROFIT SUSTAINABILITY INITIATIVE 100,000

SOUTHERN CALIFORNIA PUBLIC RADIO

474 SOUTH RAYMOND AVENUE
PASADENA,CA91105 		  PC MATCHING GIFT PROGRAM 125

STRATEGIC ACTIONS FOR A JUST ECONOMY (SAJE)

152 W 32ND ST
LOS ANGELES,CA90007 		  PC SABBATICAL GRANT 60,000

SUSTAINABLE CONSERVATION

98 BATTERY ST 302
SAN FRANCISCO,CA94111 		  PC MATCHING GIFT PROGRAM 500

THE BLAKE SCHOOL

110 BLAKE ROAD SOUTH
HOPKINS,MN55343 		  PC MATCHING GIFT PROGRAM 250

THE LOS ANGELES TRUST FOR CHILDREN'S HEALTH

333 S BEAUDRY AVE
LOS ANGELES,CA90017 		  PC SABBATICAL GRANT 60,000

THE WATTS OF POWER FOUNDATION CORP

1613 W 20TH ST
LOS ANGELES,CA90007 		  PC SPRINGBOARD FUND 45,000

THRIVE SCHOLARS

606 S OLIVE STREET SUITE 2150
LOS ANGELES,CA90014 		  PC MATCHING GIFT PROGRAM 75

TIA CHUCHA'S CENTRO CULTURAL & BOOKSTORE

12677 GLENOAKS BLVD
SYLMAR,CA91342 		  PC MATCHING GIFT PROGRAM 75

TONGVA TARAXAT PAXAAVXA CONSERVANCY

PO BOX 608
CLAREMONT,CA91711 		  PC SPRINGBOARD FUND 45,000

UNITED CAMBODIAN COMMUNITY

2201 E ANAHEIM ST SUITE 200
LONG BEACH,CA90804 		  PC LARK AWARD 30,000

WOMEN CROSS DMZ

PO BOX 40250
SAN FRANCISCO,CA94140 		  PC MATCHING GIFT PROGRAM 2,000

WOMEN'S CENTER FOR CREATIVE WORK

1800 S BRAND BLVD SUITE 111
GLENDALE,CA91204 		  PC LARK AWARD 30,000
Total .................................right arrow 3a 1,614,268
bApproved for future payment

A WINDOW BETWEEN WORLDS
1029 WEST 24TH STREET 1/2
LOS ANGELES,CA90007 		  PC LARK AWARD 30,000

ASIAN PACIFIC ISLANDER REENTRY THROUGH INCLUSION SUPPORT AND EMPOWERMENT
201 W GARVEY AVE STE 102-315
MONTEREY PARK,CA91754 		  PC LARK AWARD 30,000

BRILLIANT CORNERS
527 W 7RH STREET FL 11
LOS ANGELES,CA90014 		  PC STANTON 100,000

BRILLIANT CORNERS
527 W 7RH STREET FL 11
LOS ANGELES,CA90014 		  PC STANTON WELLNESS 10,000

CA NATIVE VOTE PROJECT
1000 NORTH ALAMEDA STREET
LOS ANGELES,CA90012 		  PC STANTON WELLNESS 10,000

CA NATIVE VOTE PROJECT
1000 NORTH ALAMEDA STREET
LOS ANGELES,CA90012 		  PC STANTON 100,000

CASA OF LOS ANGELES
201 CENTRE PLAZA DRIVE SUITE 1100
MONTEREY PARK,CA91754 		  PC STANTON 100,000

CASA OF LOS ANGELES
201 CENTRE PLAZA DRIVE SUITE 1100
MONTEREY PARK,CA91754 		  PC STANTON WELLNESS 10,000

COALITION FOR ENGAGED EDUCATION
3131 OLYMPIC BOULEVARD
SANTA MONICA,CA90404 		  PC LARK AWARD 30,000

COMMUNITY NATURE CONNECTION
570 WEST AVENUE 26
LOS ANGELES,CA90065 		  PC LARK AWARD 30,000

COMMUNITY PARTNERS
1000 ALAMRDA STREET SUITE 240
LOS ANGELES,CA90012 		  PC LARK AWARD 30,000

COMMUNITY PARTNERS
1000 ALAMRDA STREET SUITE 240
LOS ANGELES,CA90012 		  PC LARK AWARD 30,000

CORNERSTONE THEATER COMPANY
708 TRACTION AVE
LOS ANGELES,CA90013 		  PC LARK AWARD 30,000

KHMER GIRLS IN ACTION
PO BOX 90757
LONG BEACH,CA90809 		  PC STANTON 100,000

KHMER GIRLS IN ACTION
PO BOX 90757
LOS ANGELES,CA90809 		  PC STANTON WELLNESS 10,000

KOREAN AMERICAN COALITION
3727 WEST 6TH STREET STE 305
LOS ANGELES,CA90020 		  PC LARK AWARD 30,000

LOS ANGELES ART AND MUSIC SCHOOL
3630 EAST 3RD STREET
LOS ANGELES,CA90063 		  PC LARK AWARD 30,000

NATURE FOR ALL
201 WEST GARVEY AVENUE SUITE 102
503
MONTEREY PARK,CA91754 		  PC LARK AWARD 30,000

NEFESH LA
840 ECHO PARK AVENUE
LOS ANGELES,CA90026 		  PC STANTON 100,000

NEFESH LA
840 ECHO PARK AVENUE
LOS ANGELES,CA90026 		  PC STANTON WELLNESS 10,000

PAUSE
PO BOX 164
RIVERSIDE,CA92502 		  PC SPRINGBOARD 45,000

PAUSE
PO BOX 164
RIVERSIDE,CA92502 		  PC SPRINGBOARS 1,800

PEOPLES POTTERY PROJECT
2807 BEVERLY BOULEVARD
LOS ANGELES,CA90057 		  PC SPRINGBOARD PLUS 100,000

PEOPLES POTTERY PROJECT
2807 BEVERLY BOULEVARD
LOS ANGELES,CA90057 		  PC SPRINGBOARD PLUS 2,000

PICO CA
PO BOX 33334
LOS ANGELES,CA90033 		  PC STANTON 100,000

PICO CALIFORNIA
PO BOX 33334
LOS ANGELES,CA90033 		  PC STANTON WELLNESS 10,000

PIECE BY PIECE
1001 WILSHIRE BLVD 1151
LOS ANGELES,CA90017 		  PC LARK AWARD 30,000

PUKUU CULTURAL COMMUNITY SERVICES
1019 2ND STREET
SAN FERNANDO,CA91340 		  PC LARK AWARD 30,000

SOCIAL AND ENVIROMENTAL ENTREPRENUERS
23564 CALABASAS SUITE 201
CALABASAS,CA91302 		  PC LARK AWARD 30,000

SOCIAL AND ENVIROMENTAL ENTREPRENUERS
23564 CALABASAS SUITE 201
CALABASAS,CA91302 		  PC TRUST-BASED PHILANTHROPY 104,000

SOUTH CENTRAL LAMP
892 EAST 48TH STREET
LOS ANGELES,CA90011 		  PC LARK AWARD 30,000

THE COMMUNITY ACTION LEAGUE
36523 25TH STREET EAST R48
PALMDALE,CA93550 		  PC LARK AWARD 30,000
Total ................................. right arrow 3b 1,362,800
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 1,195  
4 Dividends and interest from securities ....     14 384,446  
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 ............ 		    18 457,625  
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) .. 0 843,266 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
843,266
(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:
DURFEE FOUNDATION
EIN:
95-4856207
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 60,429 54,386   6,043

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TY 2024 DepreciationSchedule
Name:
DURFEE FOUNDATION
EIN:
95-4856207
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
WEBSITE 2016-08-01 72,790 72,790 SL 3.000000000000 0 0    
COMPUTER 2018-06-06 3,295 3,295 SL 5.000000000000 0 0    
LAPTOP 2018-06-06 1,795 1,795 SL 5.000000000000 0 0    
LAPTOP 2018-06-06 1,795 1,795 SL 5.000000000000 0 0    
FURNITURE 2018-12-31 42,024 30,015 SL 7.000000000000 6,003 0    
LEASEHOLD IMPROVEMENTS 2018-12-31 80,862 26,955 SL 15.000000000000 5,391 0    
COMPUTER 2020-12-19 4,452 2,670 SL 5.000000000000 890 0    
MACBOOK PRO 2022-07-12 3,429 1,029 SL 5.000000000000 686 0    
MACBOOK PRO 2022-07-12 3,430 1,029 SL 5.000000000000 686 0    
MACBOOK PRO 2022-07-12 3,430 1,029 SL 5.000000000000 686 0    
MACBOOK AIR 2022-11-03 2,342 546 SL 5.000000000000 468 0    

TY 2024 InvestmentsCorpBondsSchedule
Name:
DURFEE FOUNDATION
EIN:
95-4856207
Name of Bond End of Year Book Value End of Year Fair Market Value
BOND FUNDS 2,772,805 2,772,805

TY 2024 InvestmentsCorpStockSchedule
Name:
DURFEE FOUNDATION
EIN:
95-4856207
Name of Stock End of Year Book Value End of Year Fair Market Value
EQUITY FUNDS 10,899,154 10,899,154
EXCHANGE TRADED FUNDS 1,708,275 1,708,275
MUTUAL FUNDS 2,885,813 2,885,813

TY 2024 InvestmentsOtherSchedule2
Name:
DURFEE FOUNDATION
EIN:
95-4856207
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ALTERNATIVE INVESTMENTS FMV 39,228,882 39,228,882

TY 2024 LandEtcSchedule2
Name:
DURFEE FOUNDATION
EIN:
95-4856207
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
WEBSITE 72,790 72,790 0  
COMPUTER 3,295 3,295 0  
LAPTOP 1,795 1,795 0  
LAPTOP 1,795 1,795 0  
FURNITURE 42,024 36,018 6,006  
LEASEHOLD IMPROVEMENTS 80,862 32,346 48,516  
COMPUTER 4,452 3,560 892  
MACBOOK PRO 3,429 1,715 1,714  
MACBOOK PRO 3,430 1,715 1,715  
MACBOOK PRO 3,430 1,715 1,715  
MACBOOK AIR 2,342 1,014 1,328  


TY 2024 LegalFeesSchedule
Name:
DURFEE FOUNDATION
EIN:
95-4856207
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 14,605 0   14,605


TY 2024 OtherAssetsSchedule
Name:
DURFEE FOUNDATION
EIN:
95-4856207
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
RIGHT OF USE ASSET 115,061 62,963 62,963
DISTRIBUTION RECEIVABLE 0 1,600,000 1,600,000


TY 2024 OtherExpensesSchedule
Name:
DURFEE FOUNDATION
EIN:
95-4856207
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DIRECT CHARITABLE EXPENSES 242,306 0   242,306
INSURANCE 6,689 0   6,689
MISCELLANEOUS 9,789 0   9,789
OFFICE EXPENSE 191,514 0   184,584
PARKING 6,086 0   6,086
POSTAGE 133 0   133
PROFESSIONAL DEVELOPMENT 16,832 0   16,832
TELEPHONE 4,385 0   4,385


TY 2024 OtherIncomeSchedule2
Name:
DURFEE FOUNDATION
EIN:
95-4856207
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ALTERNATIVE INVESTMENTS   676,131  


TY 2024 OtherIncreasesSchedule
Name:
DURFEE FOUNDATION
EIN:
95-4856207
Description Amount
UNREALIZED GAINS ON SECURITIES 6,606,928
PRIOR PERIOD ADJUSTMENT 6,280


TY 2024 OtherLiabilitiesSchedule
Name:
DURFEE FOUNDATION
EIN:
95-4856207
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAXES 92,664 149,114
RIGHT OF USE ASSET 115,251 60,843


TY 2024 OtherProfessionalFeesSchedule
Name:
DURFEE FOUNDATION
EIN:
95-4856207
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 242,331 242,331   0
OTHER PROFESSIONAL FEES 33,744 0   33,744


TY 2024 TaxesSchedule
Name:
DURFEE FOUNDATION
EIN:
95-4856207
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 0 26,620   0
EXCISE TAXES 101,601 0   0