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
THE MICHELSON FOUND ANIMALS FOUNDATION INC
 
% DARICE BAILEY
Number and street (or P.O. box number if mail is not delivered to street address)3000 S ROBERTSON BLVD SUITE 105
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES, CA90034
A Employer identification number

20-3944602
B Telephone number (see instructions)

(310) 806-9700
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$15,166,576J 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) 10,086,022
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 181,136 180,242 180,242
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -2,762
b Gross sales price for all assets on line 6a 0
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications........... 360,000
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
26,654 20,314 21,014
12 Total. Add lines 1 through 11........ 10,291,050 200,556 561,256
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 248,795     248,795
14 Other employee salaries and wages...... 2,388,017     2,388,017
15 Pension plans, employee benefits....... 287,111     287,111
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
375,630 0 0 375,630
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,410,275     1,410,275
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,508 2,334   2,508
19 Depreciation (attach schedule) and depletion...   0 0
20 Occupancy.............. 381,070     381,070
21 Travel, conferences, and meetings....... 243,090     243,090
22 Printing and publications.......... 536     536
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,691,991     3,280,819
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 9,029,023 2,334 0 8,617,851
25 Contributions, gifts, grants paid....... 1,966,426 1,966,426
26 Total expenses and disbursements. Add lines 24 and 25 10,995,449 2,334 0 10,584,277
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -704,399
b Net investment income (if negative, enter -0-) 198,222
c Adjusted net income (if negative, enter -0-)... 561,256
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............. 866,782 497,423 497,423
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow14,172
Less: allowance for doubtful accounts right arrow   35,143 14,172 14,172
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable................. 5,097 15,100 15,100
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.......... 44,769 58,083 58,083
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,652,495 Click to see attachment
List of Attached Documents:
// Content
4,656,321 		4,656,321
c Investments—corporate bonds (attach schedule)....... 418,293 Click to see attachment
List of Attached Documents:
// Content
425,103 		425,103
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)..........      
14 Land, buildings, and equipment: basis right arrow69,174
Less: accumulated depreciation (attach schedule) right arrow60,915 1 Click to see attachment
List of Attached Documents:
// Content
8,259 		8,259
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
8,409,472 		Click to see attachment
List of Attached Documents:
// Content
9,492,115 		Click to see attachment
List of Attached Documents:
// Content
9,492,115
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 14,432,052 15,166,576 15,166,576
Liabilities 17 Accounts payable and accrued expenses.......... 385,953 904,198
18 Grants payable................. 601,511 502,752
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
502,778 		Click to see attachment
List of Attached Documents:
// Content
673,557
23 Total liabilities (add lines 17 through 22)......... 1,490,242 2,080,507
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........... 7,871,022 8,004,645
25 Net assets with donor restrictions............ 5,070,788 5,081,424
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)..... 12,941,810 13,086,069
30 Total liabilities and net assets/fund balances (see instructions). 14,432,052 15,166,576
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
12,941,810
2
Enter amount from Part I, line 27a .....................
2
-704,399
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
848,658
4
Add lines 1, 2, and 3 ..........................
4
13,086,069
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
13,086,069
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 WILD EARTH, INC. - PRI P    
b WIDE WORLD DOG LLC, DBA DOGLY - PRI P    
c VETSIE CORP. - PRI P    
d WOOF TOGETHER CO. - PRI P    
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 0   147,328 -147,328
b 0   556 -556
c 0   39,180 -39,180
d 0   5,590 -5,590
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       -147,328
b       -556
c       -39,180
d       -5,590
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 -192,654
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 2,755
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 2,755
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 2,755
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 7,519
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 7,519
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 4,764
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow4,764 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see attachment
List of Attached Documents:
// Content
....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment
List of Attached Documents:
// Content
....
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.Click to see attachment
List of Attached Documents:
// Content
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, FL, ID, MT, OR, TX
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
Yes
 
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 arrowWWW.FOUNDANIMALS.ORG
14
The books are in care ofright arrowDARICE BAILEY Telephone no.right arrow (310) 806-9700

Located atright arrow3000 S ROBERTSON BLVD SUITE 105LOS ANGELESCA ZIP+4right arrow90034
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)
Yes
 
(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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
GARY KARLIN MICHELSON MD PRESIDENT/DIRECTOR
1.0 		0 0 0
11755 WILSHIRE BLVD SUITE 1400
LOS ANGELES,CA90025
DAVID COHEN Secretary/Tresurer
0.0 		0 0 0
11755 WILSHIRE BLVD SUITE 1400
LOS ANGELES,CA90025
BRETT YATES CEO/ CFO
30.0 		248,795 30,427 0
3000 S ROBERTSON BLVD SUITE 105
LOS ANGELES,CA90034
Alya Michelson Co-Chair
0.0 		0 0 0
3000 S ROBERTSON BLVD SUITE 105
LOS ANGELES,CA90034
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
THOMAS CONLON CHIEF SCIENTIFIC OFF
40.0 		185,272 24,907 0
3000 S ROBERTSON BLVD 105
LOS ANGELES,CA90034
JENNIFER NAITAKI VP PROGRAM
40.0 		176,320 17,954 0
3000 S ROBERTSON BLVD 105
LOS ANGELES,CA90034
ROSS BARKER PROGRAM DIRECTOR
40.0 		122,223 26,529 0
3000 S ROBERTSON BLVD 105
LOS ANGELES,CA90034
PAIGE PLATTE SR. PROGRAM MANAGER
40.0 		119,196 20,813 0
3000 S ROBERTSON BLVD 105
LOS ANGELES,CA90034
REBECCA CYR SR. PROGRAM MANAGER
40.0 		100,915 16,746 0
3000 S ROBERTSON BLVD 105
LOS ANGELES,CA90034
Total number of other employees paid over $50,000...................right arrow 11
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
McNeill Baur PLLC Legal Consulting 225,334
Two Bala Plaza suite 300 507
BALA CYNWYD,PA19004
RGA Media Group Inc CONSULTING 297,500
450 West 33rd Street
NEW YORK,NY10001
Center for Breakthrough Medicines LLC Biomedical Research 560,060
411 swedeland Road
KING OF PRUSSIA,PA19406
Cincinnati Zoo & Botanical Garden Biomedical Research 347,607
Attn Lotus Wittkopf
CINCINNATI,OH45220
Vetigenics Inc Biomedical Research 189,205
7 dorset court
EAST BRUNSWICK,NJ08816
Total number of others receiving over $50,000 for professional services.............right arrow11
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 COMMUNITY - RESEARCHES PUBLIC POLICIES RELATED TO PETS, SUPPORTS PET-INCLUSIVE HOUSING INITIATIVES, HOSTS PET WELLNESS EVENTS IN NEEDY COMMUNITIES AND PROV. JOB TRAINING. 3,882,925
2 RESEARCH - SUPPORTS AND CONDUCTS RESEARCH INTO THE DEVELOPMENT OF A SINGLE-DOSE STERILANT THAT WILL PROVIDE A MORE CONVENIENT ALTERNATIVE TO SPAY/NEUTER SURGERIES. 3,600,872
3 ACCELERATOR - SUPPORTS PET CARE STARTUPS WHOSE PRODUCTS/ SRVICES MAKE PET OWNERSHIP MORE ENJOYABLE, CONVENIENT, AND AFFORDABLE, THEREBY INCREASING THE NUMBER OF HOMES FOR PETS. 1,309,390
4 GRANTS - PRIMARILY SUPPORTS LOW-COST SPAY/NEUTER SURGERIES AND SURRENDER PREVENTION SERVICES TO DECREASE THE NUMBER OF ANIMALS ENTERING THE SHELTER SYSTEM. 1,158,176
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)
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
5,049,859
b
Average of monthly cash balances.......................
1b
1,327,674
c
Fair market value of all other assets (see instructions)................
1c
2,001,031
d
Total (add lines 1a, b, and c).........................
1d
8,378,564
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
8,378,564
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
125,678
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
8,252,886
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
412,644
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
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
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
10,584,277
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
10,584,277
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 0
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:2022, 2021, 2020 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, but not more than line 2a 0
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.....  
e Remaining amount distributed out of corpus 0
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 0
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...... 		 
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) ....... 		 
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 ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024.... 0
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
2007-01-10
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
412,644 368,556 305,733 156,433 1,243,366
b 85% (0.85) of line 2a ......... 350,747 313,273 259,873 132,968 1,056,861
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		10,584,277 5,996,444 12,475,469 12,920,369 41,976,559
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		1,966,426 1,403,552 1,829,279 1,503,513 6,702,770
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		8,617,851 4,592,892 10,646,190 11,416,856 35,273,789
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)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		275,096 245,704 203,822 104,289 828,911
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) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
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).)
GARY KARLIN MICHELSON MD
KARLIN ASSET MANAGEMENT INC
11755 WILSHIRE BLVD SUITE 1400
LOS ANGELES CA 90025
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.
NA
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

Alamo Area Partners for Animal Welfare

PO Box 17324
San Antonio,TX78217 		N/A PC Pet-Inclusive Housing Support 1,000

Angel City Pit Bulls

1834 S Gramercy Place
Los Angeles,CA90019 		N/A PC Pet Rescue & Care & Spay/Neuter 7,500

Animal Balance

2440 16th St 305
San Francisco,CA94103 		N/A PC Spay/Neuter 108,644

Animal Crisis Community Operational Readiness Netw

PO Box 7581
Chico,CA95927 		N/A PC Animal Welfare 10,000

Animal Humane New Mexico

615 Virginia St SE
Albuquerque,NM87108 		N/A PC Pet-Inclusive Housing Support 2,850

Animal Welfare League of Alexandria

4101 Eisenhower Avenue
Alexandria,VA22304 		N/A PC Pet Rescue & Care 5,000

Arkansas State Animal Control Association

PO BOX 166708
Little Rock,AR72216 		N/A PC Animal Welfare 600

ASPCA

520 8th Ave 7th Floor
New York City,NY10018 		N/A PC Animal Welfare 75

Better Together Animal Alliance

870 Kootenai Cutoff Rd
Ponderay,ID83852 		N/A PC Pet-Inclusive Housing Support 15,000

Bitter Root Humane Association Inc

PO BOX 57
Hamilton,MT59840 		N/A PC Pet Rescue & Care 5,000

Bubbles Dog Rescue

1223 Wilshire Blvd Unit 337
Santa Monica,CA90403 		N/A PC Animal Rescue 8,000

California Animal Welfare Association

PO Box 249
Penn Valley,CA95946 		N/A PC Animal Welfare 18,650

Center for Biological Diversity

PO Box 710
Tucson,AZ85702 		N/A PC Biodiversity Protection 25,000

City of Cabot

101 North 2nd Street
Cabot,AZ72023 		N/A GOV Pet Rescue & Care 5,000

CITY OF GREAT FALLS

2 Park Drive S
Great Falls,MT59401 		N/A GOV Pet Rescue & Care 5,000

City of Sacramento

Front Street Shelter 2127 Front St
Sacramento,CA95818 		N/A GOV Pet-Inclusive Housing Support 1,000

Community Animal Medicine Project

957 N Gaffey Street
San Pedro,CA90731 		N/A PC Spay/Neuter 750,000

COMPANIONS AND ANIMALS FOR REFORM AND EQUITY INC

420 Dunkirk Road
Baltimore,MD21212 		N/A PC Animal Welfare 289,701

Delaney's Dog

17144 Lanark St
Van Nuys,CA91406 		N/A PC Pet Rescue & Care 2,500

Dogs Playing for Life

315 Meigs Road Suite A-614
Santa Barbara,CA93109 		N/A PC Pet Rescue & Care 25,000

Downtown Dog Rescue

10941 Garfield Place
South Gate,CA90280 		N/A PC Spay/Neuter 50,000

Farm Sanctuary

3100 Aikens Road
Watkins Glen,NY14891 		N/A PC Animal Welfare 25,000

FixNation Inc

PO Box 26
Woodland Hills,CA91365 		N/A PC Spay/Neuter 50,000

Foxy and the Hounds

6442 Platt Ave 22
West Hills,CA91307 		N/A PC Pet Rescue & Care 1,050

Gatos Callejeros United

731 Lagoon Ave
Wilmington,CA90744 		N/A PC Spay/Neuter 5,000

Heart of the Valley Animal Shelter

1549 East Cameron Bridge Rd
Bozeman,MT59718 		N/A PC Animal Welfare 1,500

Hectic Paws Animal Rescue

6147 Santa Fe Ave
Huntington Park,CA90255 		N/A PC Community Pet Clinic & Training 7,500

Helen Sanders Cat Protection and Welfare Society d

1198 Pacific Coast Hwy Suite D-22
Seal Beach,CA90740 		N/A PC Spay/Neuter 9,150

Home at Last Dog Rescue Inc

PO Box 1341
North Wales,PA19454 		N/A PC Pet-Inclusive Housing Support 1,000

Housing Equality & Advocacy Resource Team (HEART L

3612 11th Avenue
Los Angeles,CA90018 		N/A PC Pet-Inclusive Housing Support 16,300

Human Animal Bond Research Foundation

1310 L Street NW Suite 860
Washington,DC20005 		N/A PC Pet-Person Relationship Research 32,500

Humane Society of Western Montana

5930 Highway 93 South
Missoula,MT59804 		N/A PC Pet Welfare 25,000

Illinois Animal Welfare Federation

PO Box 10473
Chicago,IL60610 		N/A PC Animal Welfare 4,550

Inner City Law Center

1309 East Seventh Street
Los Angeles,CA90021 		N/A PC Pet Legal Clinic 25,000

Kitten Rescue

3519 Casitas Ave
Los Angeles,CA90039 		N/A PC Pet Rescue & Care 2,200

Kitty Bungalow Charm School for Wayward Cats

2032 West Martin Luther King Jr Bl
Los Angeles,CA90062 		N/A PC Pet Rescue & Care 4,800

Latino Alliance for Animal Care Foundation

PO Box 44342
Panorama City,CA91412 		N/A PC Spay/Neuter 15,000

Loving Paws Inc

14350 Victory Blvd Unit 3
Van Nuys,CA91401 		N/A PC Pet Care Clinic 8,000

Maui Humane Society

PO BOX 1047
Puunene,HI96784 		N/A PC Pet Rescue & Care 5,000

My Dog Is My Home

60-11 69th Avenue
Ridgewood,NY11385 		N/A PC Pet Rescue & Care 23,800

My Pit Bull is Family

PO BOX 26262
Minneapolis,MN55426 		N/A PC Pet-Inclusive Housing Support 5,000

Nashville Humane Association

213 Oceola Avenue
Nashville,TN37209 		N/A PC Pet Rescue & Care 5,000

National Animal Care and Control Association

40960 California Oaks Rd 242
Murietta,CA92562 		N/A PC Animal Welfare 4,850

Open Door Veterinary Collective

23246 Long Judson Rd
Grand Rapids,OH43552 		N/A PC Hurricane Relief Efforts for Animals 28,100

Operation Kindness

3201 Earhart Dr
Carrollton,TX75006 		N/A PC Pet-Inclusive Housing Support 1,260

Pacific Coast Dog Rescue Inc

110 Linden Avenue
Burbank,CA91502 		N/A PC Pet Rescue & Care 36,000

Paws for Life K9 Rescue

100-190 Rancho Road SUITE 365
Thousand Oaks,CA91362 		N/A PC Pet Rescue & Care 3,500

Pawster Nashville

239 White Bridge Pike Unit 13
Nashville,TN37209 		N/A PC Pet Rescue & Care 5,000

Project Street Vet

PO BOX 232579
Encinitas,CA92023 		N/A PC Spay/Neuter 15,000

Race For The Rescues INC

13027 Victory Blvd 522
North Hollywood,CA91606 		N/A PC Animal Welfare 2,500

South Suburban Humane Society

21800 Central Ave
Matteson,IL60443 		N/A PC Pet Rescue & Care 5,000

STAND Foundation Inc

PO Box 5921
Sherman Oaks,CA91413 		N/A PC Spay/Neuter 32,801

STRAY PAWS ANIMAL HAVEN

9858 RUSH STREET
SOUTH EL MONTE,CA91733 		N/A PC Spay/Neuter 50,000

The Humane Society of Southern Arizona Inc

635 W Roger Rd
Tucson,AZ85705 		N/A PC Pet Rescue & Care 5,000

The Humane Society of the United States

1255 23rd Street NW Suite 450
Washington,DC20037 		N/A PC Animal Welfare 5,000

The Little Lion Foundation

1179 E Wardlow Rd
Long Beach,CA90807 		N/A PC Pet Welfare 53,000

The PAW Mission Inc

13229 7th Pl
Yucaipa,CA92339 		N/A PC Working Cat Program / Spay/Neuter 51,000

THE RESCUE TRAIN

13027 Victory Blvd 522
North Hollywood,CA91606 		N/A PC Spay/Neuter 25,000

Underdog Community Project

5961 Guthrie Ave 2
Los Angeles,CA90034 		N/A PC Pet Rescue & Care 15,000

Yellowstone Valley Animal Shelter

1735 Monad Rd
Billings,MT59101 		N/A PC Pet Rescue & Care 5,000

Kitty Bungalow Charm School for Wayward Cats

2032 West Martin Luther King Jr Bl
Los Angeles,CA90062 		N/A PC (1) DESCRIPTION: Pet Food, Cat Trees, and Pet Beds (2) BOOK VALUE: $2,301 (3) METHOD USED TO DETERMINE BOOK VALUE: PURCHASE PRICE (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: RETAIL VALUE (5) DATE OF THE GIFT: 12/31/2024 (6) PURPOSE: Pet Rescue & Care Resources 2,301

Paws for Life K9 Rescue

100-190 Rancho Road SUITE 365
Thousand Oaks,CA91362 		N/A PC (1) DESCRIPTION: MICROCHIPS (2) BOOK VALUE: $2,091 (3) METHOD USED TO DETERMINE BOOK VALUE: PURCHASE PRICE (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: RETAIL VALUE (5) DATE OF THE GIFT: 11/01/2024 (6) PURPOSE: Pet Rescue & Care Rescue 2,091

Gatos Callejeros United

731 Lagoon Ave
Wilmington,CA90744 		N/A PC (1) DESCRIPTION: Pet Food, Pet Litter, Potty Pads, Cat Trees, Pet Gates, and Pet Crates (2) BOOK VALUE: $2,686 (3) METHOD USED TO DETERMINE BOOK VALUE: PURCHASE PRICE (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: RETAIL VALUE (5) DATE OF THE GIFT: 12/31/2024 (6) PURPOSE: Pet Rescue & Care 2,686

Better Together Forever

PO Box 21172
Glendale,CA91221 		N/A PC (1) DESCRIPTION: PET FOOD (2) BOOK VALUE: $5,119 (3) METHOD USED TO DETERMINE BOOK VALUE: PURCHASE PRICE (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: RETAIL VALUE (5) DATE OF THE GIFT: 12/31/2024 (6) PURPOSE: Pet Rescue & Care 5,119

PalsNPets Inc

333 Washington Blvd 41
Marina Del Rey,CA90292 		N/A PC (1) DESCRIPTION: Pet Food, Cat Litter, and Pet Treats (2) BOOK VALUE: $2,751 (3) METHOD USED TO DETERMINE BOOK VALUE: PURCHASE PRICE (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: RETAIL VALUE (5) DATE OF THE GIFT: 12/31/2024 (6) PURPOSE: Pet Rescue & Care 2,751

Precious Pets Animal Foundation

4930 Balboa Blvd 260812
Encino,CA91316 		N/A PC (1) DESCRIPTION: PET FOOD (2) BOOK VALUE: $597 (3) METHOD USED TO DETERMINE BOOK VALUE: PURCHASE PRICE (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: RETAIL VALUE (5) DATE OF THE GIFT: 11/01/2024 (6) PURPOSE: Pet Rescue & Care 597
Total .................................right arrow 3a 1,966,426
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 181,136  
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 -2,762  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INTEREST INCOME 		    14 14,505  
bTAX REFUND     01 5,640  
cWEBSITE REFERRAL FEE     01 450  
dOTHER INCOME     01 250  
eOTHER INVESTMENT INCOME     01 5,809  
12 Subtotal. Add columns (b), (d), and (e) ..   205,028  
13Total. Add line 12, columns (b), (d), and (e)..................
13
205,028
(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
Yes
 
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
1c 8,164 MICHELSON CENTER FOR RESOURCE SHARING OF EMPLOYEES
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
MICHELSON CENTER FOR 501(C)(4) SAME SUBSTANTIAL CONTRIBUTOR &
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
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE MICHELSON FOUND ANIMALS FOUNDATION INC
 
Employer identification number

20-3944602
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
THE MICHELSON FOUND ANIMALS FOUNDATION INC
  		Employer identification number
20-3944602
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
The Humane Society of the United St
1255 23rd Street NW Suite 450
 
Washington, DC20037

$ 15,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
MICHELSON MEDICAL RESEARCH FOUNDATI
11755 WILSHIRE BLVD SUITE 1400
 
LOS ANGELES, CA90025

$ 8,300,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
Spring Point Partners LLC
2929 Walnut Street Suite 1150
 
Philadelphia, PA19104

$ 400,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
Weruva Inc
17 mercer rd
 
Natick, MA01760

$ 101,773


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
Greater Good Charities
1700 7th Ave Ste 116
 
Seattle, WA98101

$ 193,899


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
pets global inc
28921 avenue williams
 
valencia, CA91355

$ 43,765


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
THE MICHELSON FOUND ANIMALS FOUNDATION INC
  		Employer identification number
20-3944602
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
7
MICHELSON PHILANTHROPIES INC
3000 S ROBERTSON BLVD SUITE 105
 
LOS ANGELES, CA90034

$ 1,031,257


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(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
THE MICHELSON FOUND ANIMALS FOUNDATION INC
  		Employer identification number

20-3944602
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
4
 1,197 cases of wet dog food 254 cases of wet cat food $ 101,773 2024-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
5
 Various Pet Supplies 31,910 Lbs of Dry Pet Food $ 193,899 2024-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
6
 12,000 Lbs of Dry Cat Food $ 43,765 2024-12-31
(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
 
$    
(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
THE MICHELSON FOUND ANIMALS FOUNDATION INC
  		Employer identification number

20-3944602
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 (c) Use 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 (c) Use 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 (c) Use 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 (c) Use 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:  
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TY 2024 DepreciationSchedule
Name:
THE MICHELSON FOUND ANIMALS FOUNDATION INC
EIN:
20-3944602
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
A&S - VEHICLE 2014-04-03 15,895 15,895 SL 5        
WEBSITE 2015-12-01 43,929 43,929 SL 3        
FORKLIFT 2024-06-01 9,350   SL 5 1,091      

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

TY 2024 ExpenditureResponsibilityStmt
Name:
THE MICHELSON FOUND ANIMALS FOUNDATION INC
EIN:
20-3944602
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
CUIDAMIMASCOTA
  		PALM GROVE HOUSE PO BOX 438
ROAD TOWN,TORTOLA  
VI 		2018-10-02 65,000 TO SUPPORT THE LARGEST NETWORK OF DOG AND CAT CAREGIVERS AND WALKERS IN LATIN AMERICA. 65,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $65,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
ANIMAL BIOME
  		2929 SUMMIT STREET SUITE 207
OAKLAND,CA94609 		2018-09-25 65,000 TO HELP UNDERSTAND PET'S GUT MICROBIOME AND RESTORE DIGESTIVE HEALTH. 65,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $65,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
MIXLAB INC
  		240 KENT AVE
NEW YORK,NY11249 		2018-09-14 90,000 TO SUPPORT THE LATEST COMPOUNDING TECHNOLOGY TO CREATE THE HIGHEST QUALITY MEDICATIONS FOR PETS. 90,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
PETPLATE INC
  		1412 BROADWAY FLOOR 21
NEW YORK,NY10018 		2018-10-22 90,000 PERSONALIZED MEALS DELIVERED FOR ANIMALS. 90,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
WILD EARTH INC
  		626 BANCROFT WAY
Berkeley,CA94710 		2019-01-13 90,000 TO DEVELOP CLEAN HIGH-PROTEIN PET FOOD THAT ARE HEALTHIER AND BETTER FOR THE ENVIRONMENT. 90,000 NO 02/06/2025 2025-02-06 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
BARKIBU SL
  		RONDA DE OUTEIRO 203 8E
A Corua,La Corua15007
SP 		  418,051 PROVIDE PET OWNERS WITH PET CARE ARTICLES AND EASY ACCESS TO VETERINARY PROFESSIONALS. 418,051 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $418,051 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
JIMINY'S LLC
  		285 MANDELA PKWY UNIT 11
OAKLAND,CA94608 		2019-04-10 90,000 OFFER A HEALTHY, SUSTAINABLE DOG TREAT THAT REPLACES ANIMAL PROTEIN WITH CRICKET PROTEIN. 90,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
SHAMELESS PETS LLC
  		474 N Lake Shore Drive
Chicago,IL60611 		2019-03-29 90,000 OFFER EARTH-FRIENDLY PET TREATS MADE FROM UPCYCLED INGREDIENTS. 90,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
SNIFFSPOT INC
  		170 Spring Street
Seattle,WA98104 		2019-03-06 90,000 TO ENABLE DOG OWNERS TO RENT PRIVATE SPACES FOR EXERCISE AND TRAINING PURPOSES. 90,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
TRUE PET FOOD PROJECT INC DBA SMALLS
  		49 Elizabeth Street 4th Floor
New York,NY10013 		2019-07-31 90,000 PREPARE AND DELIVER NUTRITIOUS FOOD AND TREATS FOR CATS ON A SUBSCRIPTION BASIS. 90,000 NO 01/07/2025 2025-01-07 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
WUF LLC
  		1045 3rd Street 205
Santa Monica,CA90403 		2019-10-14 100,000 BUILD A GLOBAL COMMUNITY OF DOG LOVERS BY CREATING EVENTS THAT CELEBRATE THE HUMAN-DOG BOND. 100,000 NO 07/23/2025 2025-07-23 VERIFICATION CONFIRMED THAT $100,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
PROJECT BLU LIMITED
  		34 CARDIFF ROAD
DINAS POWYS,VALE OF GLAMORGANCF64 4JS
UK 		  240,000 TO RECYCLE OCEAN BOUND PLASTICS TO MAKE ECO-FRIENDLY DOG BEDS, COLLARS, LEASHES AND TOYS. 240,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $240,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
BARK BUILDINGS INC
  		837 JERSEY AVE STREET 11G
JERSEY CITY,NJ07310 		2020-02-05 90,000 PARTNERS WITH BUILDING OWNERS AND OPERATORS TO PROVIDE PET CARE AMENITIES. 90,000 NO 01/20/2025 2025-01-20 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
Dogdrop Inc
  		1447 2ND STREET SUITE 200
SANTA MONICA,CA90401 		2020-02-04 90,000 TO OFFER FLEXIBLE, HIGH - QUALITY DOG DAYCARE TO ITS MEMBERS. 90,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
WIDE WORLD DOG LLC DBA DOGLY
  		54 DANBURY ROAD SUITE 445
RIDGEFIELD,CT06877 		2020-02-06 90,000 TO OFFER MEMBERSHIP IN AN ONLINE COMMUNITY FOCUSED ON DOG CARE AND ALSO SALE OF PET SUPPLIES. 90,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
DOGO APP GMBH
  		KOTTBUSSEZ DAMM 103A 12053
BERLIN   10969
GM 		  90,350 OPERATES A DOG TRAINING APP THAT PROVIDES INSTRUCTIONS, FEEDBACK,PROGRESS TRACKER & ONLINE COMMUNITY. 90,350 NO 01/13/2025 2025-01-13 VERIFICATION CONFIRMED THAT $90,350 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
NATIVE PET
  		2101 LOCUST STREET
ST LOUIS,MO63103 		  140,000 PROVIDES ORGANIC PET SUPPLEMENTS MADE FROM WHOLE FOOD INGREDIENTS. 140,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $140,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
Companion Labs
  		201 Alabama St
San Francisco,CA94103 		  750,000 TO DEVELOP TECHNOLOGY THAT AUTOMATICALLY TRAINS DOGS TO HIGH LEVELS USING MACHINE LEARNING, ETC. 750,000 NO 04/29/2025 2025-04-29 VERIFICATION CONFIRMED THAT $750,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
Rocket Pets INC DBA Oliver Pets
  		112 Capitol Trail
Newark,DE19711 		2021-04-30 90,000 PROVIDES A SMARTPHONE APP FOR PETS THAT USES ARTIFICIAL INTELLIGENCE TO SUPPORT PET OWNERS. 90,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
Pet Health to the People INC
  		PO Box 12
Moss Beach,CA94038 		2021-02-17 90,000 PROVIDES A NATURAL NUTRITIONAL SUPPLEMENTS TO ENHANCE THE HEALTH OF COMPANION ANIMALS. 90,000 NO 01/19/2025 2025-01-19 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
The Pack Pet (dba The Pack)
  		Solar House 282 Chase Road
London,EnglandN14 6NZ
UK 		2021-02-17 90,694 PROVIDES PLANT-BASED ENVIRONMENTALLY SUSTAINABLE PET FOOD DESIGNED TO PROTECT THE PLANET & ANIMALS 90,694 NO 02/06/2025 2025-02-06 VERIFICATION CONFIRMED THAT $90,694 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
Petaluma Inc
  		103 Monte Cresta Ave
Oakland,CA94611 		2021-02-12 90,000 PROVIDES PLANT-BASED ENVIRONMENTALLY SUSTAINABLE PET FOOD DESIGNED TO PROTECT THE PLANET & ANIMALS 90,000 NO 02/06/2025 2025-02-06 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
The Bark Shoppe Group INC
  		100 Saint Nicholas Ave
New York,NY10026 		  90,000 PROVIDES PET GROOMING TRAINING AND TO STANDARDIZE THE PET GROOMING INDUSTRY. 90,000 NO 01/08/2025 2025-01-08 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
PetNmind Holding Corp
  		6578 FL-7
Coconut Creek,FL33073 		  90,000 STRIVES TO IMPROVE PET NUTRITION AND HYGIENE BY PROVIDING ONE-STOP-SHOPS FOR NATURAL PET ETC. 90,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
Toletta Cats
  		1F 1-12-4 Katasekaigan
Fujisawa,Kanagawa251-0035
JA 		2021-11-08 88,551 PROVIDES A SMART CAT LITTER BOX THAT CAN DETECT FELINE DISEASES WITHOUT STRESSING THE CATS. 88,551 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $88,551 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
WOOF TOGETHER CO
  		6 LIBERTY SQ PMB 216
BOSTON,MA02109 		2021-04-28 90,000 WORKS WITHIN THE HOSPITALITY INDUSTRY TO PROVIDE PET- FRIENDLY EXPERIENCES. 90,000 NO 02/07/2025 2025-02-07 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
The Animals Kitchen
  		333 Bay Street Suite 2400
Toronto,OntarioM5H 2T6
CA 		2022-03-24 90,000 OFFER PRODUCTS AND AN ONLINE COMMUNITY TO EMPOWER PET PARENTS TO COOK NUTRIENT RICH MEALS AT HOME. 90,000 NO 02/07/2025 2025-02-07 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
Vetsie Corp
  		535 8 Avenue SE Suite 316
Calgary,AlbertaT2G 5S9
CA 		2022-03-18 90,000 OFFER A CONVENIENT WAY FOR VETERINARY PROFESSIONALS TO STREAMLINE VIRTUAL COMMUNICATION. 90,000 NO 01/20/2025 2025-01-20 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
Hound Inc
  		1000 Speer Boulevard 1401
DENVER,CO80204 		2022-02-08 90,000 OFFERS A VETERINARY EMPLOYEE EXPERIENCE PLATFORM. 90,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
Pethub Inc
  		1250 N Wenatchee Ave H124
Wenatcee,WA98801 		2022-03-24 90,000 OFFERS A PLATFORM TO HELP WITH KEEPING PETS SAFE, HAPPY, AND HOME FOR THE REST OF THEIR LIVES. 90,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
Bright Planet Pet LLC
  		5123 W 98th ST 1232
Minneapolis,MN55437 		  90,000 Makes 100% Plant-based dog treats that taste and smell like real meat. 90,000 NO 01/06/2025 2025-01-06 VERIFICATION CONFIRMED THAT $90,000 WAS SPENT TOWARD THE INVESTMENT PURPOSE WITH NO DIVERSION.
Veterinary Innovation Council
  		5003 SW 41st Boulevard
Gainesville,FL32608 		  5,000 ASSIST WITH THE RESEARCH AND IMPLEMENTATION OF A KEY STRATEGIC PRIORITY: ACCESS TO CARE 5,000 NO 11/14/2024 2024-11-14 VERIFICATION CONFIRMED THAT $5,000 WAS SPENT TOWARD THE GRANT PURPOSE WITH NO DIVERSION

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE MICHELSON FOUND ANIMALS FOUNDATION INC
EIN:
20-3944602
Name of Bond End of Year Book Value End of Year Fair Market Value
5,405 SHS ISHARES IBOXX HIGH 425,103 425,103

TY 2024 InvestmentsCorpStockSchedule
Name:
THE MICHELSON FOUND ANIMALS FOUNDATION INC
EIN:
20-3944602
Name of Stock End of Year Book Value End of Year Fair Market Value
6,105.4478 SHS ALERIAN MLP ETF 294,038 294,038
5,340.162 SHS ISHARES IBOXX 420,004 420,004
5,541.4456 SHS VANGUARD FTSE 264,992 264,992
2,923.6537 SHS VANGUARD REAL 260,439 260,439
2,319.5869 SHS VANGUARD S&P 1,249,817 1,249,817
2,839.8038 SHS VANGUARD FTSE 125,065 125,065
INTEREST ACCRUALS 292 292
5,031 SHS ALERIAN MLP ETF 242,293 242,293
4,396 SHS VANGUARD FTSE 210,217 210,217
2,516 SHS VANGUARD FTSE EME 110,805 110,805
3,797 SHS VANGUARD REAL ESTATE 338,237 338,237
2,116 SHS VANGUARD S&P 500 ETF 1,140,122 1,140,122

TY 2024 LandEtcSchedule2
Name:
THE MICHELSON FOUND ANIMALS FOUNDATION INC
EIN:
20-3944602
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
A&S - VEHICLE 15,895 15,895    
WEBSITE 43,929 43,929    
FORKLIFT 9,350 1,091 8,259  


TY 2024 LegalFeesSchedule
Name:
THE MICHELSON FOUND ANIMALS FOUNDATION INC
EIN:
20-3944602
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 375,630     375,630


TY 2024 OtherAssetsSchedule
Name:
THE MICHELSON FOUND ANIMALS FOUNDATION INC
EIN:
20-3944602
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DOGO APP UG - PRI 158,078 148,149 148,149
NATIVE PET - PRI 1,503,323 1,853,223 1,853,223
ACCRUED INTEREST - PRIS 70,506 57,925 57,925
PETPLATE - PRI 132,690 131,043 131,043
MIXLAB - PRI 324,403 321,345 321,345
CUIDAMIMASCOTA - PRI 67,593 66,844 66,844
ANIMAL MICROBIOME - PRI 149,935 5,539 5,539
SNIFFSPOT - PRI 147,258 147,258 147,258
WUF - PRI 200,000 200,000 200,000
WILD EARTH - PRI 147,328 0 0
BARKIBU - PRI 580,134 732,831 732,831
JIMINY'S - PRI 90,000 164,444 164,444
SHAMELESS PETS - PRI 494,462 492,006 492,006
TRUE PET FOOD PROJECT - PRI 469,835 466,338 466,338
PROJECT BLU LIMITED - PRI 295,098 284,923 284,923
BARK BUILDINGS, INC. - PRI 30,542 30,051 30,051
DOGDROP, INC. - PRI 89,979 89,950 89,950
WIDE WORLD DOG LLC - PRI 556 0 0
COMPANION LABS - PRI 948,999 948,997 948,997
ROCKET PETS -PRI 90,000 90,000 90,000
PET HEALTH TO THE PEOPLE - PRI 35,685 24,119 24,119
PETALUMA - PRI 89,216 88,126 88,126
PETNMIND - PRI 105,813 105,427 105,427
THE BARK SHOPPE - PRI 49,906 49,666 49,666
THE PACK PET - PRI 91,892 22,589 22,589
TOLETTA CATS - PRI 88,550 214,293 214,293
WOOF TOGETHER - PRI 5,590 0 0
BRIGHT PLANET PET - PRI 85,600 84,662 84,662
MELLA 84,634 83,492 83,492
THE ANIMALS KITCHEN - PRI 87,021 86,389 86,389
HOUND - PRI 80,666 78,665 78,665
PETHUB - PRI 140,660 134,168 134,168
VETSIE - PRI 39,180 0 0
RIGHT-OF-USE ASSET 62,737 143,750 143,750
REX TECHNOLOGIES 165,619 155,290 155,290
BUNDLE X JOY 115,977 115,293 115,293
BORROWMYDOGGY 89,947 87,386 87,386
HIPETS 90,000 90,000 90,000
MARLEYBONES 90,085 112,156 112,156
PEOPLE WHO KAER 93,874 126,984 126,984
ALLPET 99,592 98,342 98,342
MI:RNA 250,037 263,884 263,884
ONCOTECT 99,653 98,892 98,892
TOBIPETSCOM S.A. 99,766 99,251 99,251
MOGGIE 88,697 83,394 83,394
PETTYWELL 88,356 88,356 88,356
BLUE PET CO 0 100,799 100,799
GEKKOVET 0 98,488 98,488
INNOVATIVE PET LAB 0 99,433 99,433
OMNI PET 0 134,044 134,044
SCOOCH 0 96,864 96,864
VETVERIFI 0 98,898 98,898
WIMBA 0 98,149 98,149


TY 2024 OtherExpensesSchedule
Name:
THE MICHELSON FOUND ANIMALS FOUNDATION INC
EIN:
20-3944602
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES AND SUBSCRIPTIONS 37,455     37,455
OTHER EXPENSES 215,100     215,100
MARKETING & PROMOTION 53,736     53,736
OFFICE SUPPLIES 425,053     425,053
POSTAGE AND DELIVERY 3,725     3,725
TRAINING AND DEVELOPMENT 775     775
ACCRUAL TO CASH ADJUSTMENT       -1,348,867
REVERSAL OF PY ACCRUAL TO        
CASH ADJUSTMENT       942,695
MICHELSON PRIZE PROGRAM 2,453,713     2,453,713
SOFTWARE 67,674     67,674
BAD DEBT EXPENSE 5,000      
BANK FEES 58     58
INSURANCE 29,702     29,702
SETTLEMENT EXPENSE 400,000     400,000


TY 2024 OtherIncomeSchedule2
Name:
THE MICHELSON FOUND ANIMALS FOUNDATION INC
EIN:
20-3944602
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INTEREST INCOME 14,505 14,505 14,505
Tax Refund 5,640    
Website Referral Fee 450   450
Other Income 250   250
OTHER INVESTMENT INCOME 5,809 5,809 5,809


TY 2024 OtherIncreasesSchedule
Name:
THE MICHELSON FOUND ANIMALS FOUNDATION INC
EIN:
20-3944602
Description Amount
UNREALIZED GAIN 848,658


TY 2024 OtherLiabilitiesSchedule
Name:
THE MICHELSON FOUND ANIMALS FOUNDATION INC
EIN:
20-3944602
Description Beginning of Year - Book Value End of Year - Book Value
LEASE PAYABLE 64,237 146,750
DUE TO THE MICHELSON 20MM FOUN 2,565 886
DUE TO MICHELSON PHILANTROPIES 435,551 525,921
DUE TO SPAY4LA INC. 425 0


TY 2024 OtherProfessionalFeesSchedule
Name:
THE MICHELSON FOUND ANIMALS FOUNDATION INC
EIN:
20-3944602
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING 603,939     603,939
OTHER PROFESSIONAL FEES 16,594     16,594
VETERINARY 263,101     263,101
VENTURE FEES 297,500     297,500
CAREER TRAINING 145,836     145,836
MARKETING & PROMOTION 83,305     83,305


TY 2024 TaxesSchedule
Name:
THE MICHELSON FOUND ANIMALS FOUNDATION INC
EIN:
20-3944602
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER TAXES & LICENSES 908     908
STATE TAXES 1,600     1,600
FOREIGN TAXES   2,334