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
BAND Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

47-3289963
B Telephone number (see instructions)

(800) 839-1754
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$160,889,396
J 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) 10,588,374
2 Check right arrow.............
3 Interest on savings and temporary cash investments 164,927 164,927  
4 Dividends and interest from securities... 5,375,168 5,375,168  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,087,660
b Gross sales price for all assets on line 6a 70,399,733
7 Capital gain net income (from Part IV, line 2)... 14,567,777
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)....... 57,531 52,435  
12 Total. Add lines 1 through 11........ 23,273,660 20,160,307  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 1,208 0 0 1,208
b Accounting fees (attach schedule)....... 5,000 0 0 5,000
c Other professional fees (attach schedule).... 382,878 286,545   96,333
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 151,434 134    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 234,444 132,101   84,411
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 774,964 418,780 0 186,952
25 Contributions, gifts, grants paid....... 7,220,536 7,220,536
26 Total expenses and disbursements. Add lines 24 and 25 7,995,500 418,780 0 7,407,488
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 15,278,160
b Net investment income (if negative, enter -0-) 19,741,527
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 4,814,697 3,999,404 3,999,404
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 3,476,348 Click to see attachment
List of Attached Documents:
// Content
4,000,938
4,023,062
b Investments—corporate stock (attach schedule)....... 117,708,524 Click to see attachment
List of Attached Documents:
// Content
131,614,027
142,317,618
c Investments—corporate bonds (attach schedule).......      
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).......... 6,559,651 Click to see attachment
List of Attached Documents:
// Content
8,223,226
10,549,312
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 132,559,220 147,837,595 160,889,396
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 132,559,220 147,837,595
29 Total net assets or fund balances (see instructions)..... 132,559,220 147,837,595
30 Total liabilities and net assets/fund balances (see instructions). 132,559,220 147,837,595
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
132,559,220
2
Enter amount from Part I, line 27a .....................
2
15,278,160
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
215
4
Add lines 1, 2, and 3 ..........................
4
147,837,595
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
147,837,595
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 Passthrough K1 Capital Gain/(Loss)      
c
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 70,399,733   56,003,769 14,395,964
b       171,813
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       14,395,964
b        
c
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 14,567,777
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) 1 274,407
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........................... 3 274,407
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- ..... 5 274,407
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 171,944
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 124,800
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 296,744
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 53
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 22,284
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow22,284 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (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 changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowDE
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 arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
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
Burks B Lapham Chair, Dir
1.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Gardiner O Lapham Dir
5.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Nicholas P Lapham Treas, Dir, Pres
30.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Clark Mitchell Dir, Sec
10.0
0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
Total number of other employees paid over $50,000...................right arrow  
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
Northern Trust Investment Mgmt 233,574
50 SOUTH LASALLE STREET
CHICAGO,IL60603
Foundation Source Administrative 79,836
55 Walls Drive STE 302
Fairfield,CT06824
Boldly Go Philanthropy Philanthropic 72,083
4011 South 176th Circle
Omaha,NE68130
Douglass Winthrop Advisors LLC Investment Mgmt 52,970
521 5th Ave
NEW YORK,NY10175
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
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
139,936,660
b
Average of monthly cash balances.......................
1b
4,590,928
c
Fair market value of all other assets (see instructions)................
1c
10,558,613
d
Total (add lines 1a, b, and c).........................
1d
155,086,201
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
155,086,201
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,326,293
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
152,759,908
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
7,637,995
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
7,637,995
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
274,407
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
274,407
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
7,363,588
4
Recoveries of amounts treated as qualifying distributions................
4
215
5
Add lines 3 and 4............................
5
7,363,803
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
7,363,803
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
7,407,488
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
7,407,488
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 7,363,803
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 6,401,473
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 7,407,488
a Applied to 2023, but not more than line 2a 6,401,473
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..... 1,006,015
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 ..........
 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
6,357,788
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
 
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).)
Burks B Lapham
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

AMERICAN BIRD CONSERVANCY

8255 E MAIN ST D E
MARSHALL,VA20115
N/A PC Birds not Mosquitoes Campaign 100,000

AMERICAN EPILEPSY SOCIETY

141 W JACKSON BLVD
CHICAGO,IL60604
N/A PC Partners Against Mortality in Epilepsy (PAME) 150,000

AMERICAN RIVERS INC

1101 14TH ST NW STE 1400
WASHINGTON,DC20005
N/A PC Freshwater Mussel Decline 150,000

AMERICANS FOR OXFORD INC

500 FIFTH AVE 32ND FLOOR
NEW YORK,NY10110
N/A PC General & Unrestricted 166,240

AMREF HEALTH AFRICA INC

224 W 35TH ST STE 500 PMB 237
NEW YORK,NY10001
N/A PC Enhancing Epilepsy Care in Africa 202,013

ATLANTA BOTANICAL GARDEN INC

1345 PIEDMONT AVE NE
ATLANTA,GA30309
N/A PC Southeastern Partners in Plant Conservation Conference 25,000

AUSTIN PEAY STATE UNIVERSITY FOUNDATION

PO BOX 4635
CLARKSVILLE,TN37044
N/A PC Southeastern Grasslands Institute 350,000

BAT CONSERVATION INTERNATIONAL INC

PO BOX 140434
AUSTIN,TX78714
N/A PC Agave Restoration Initiative 250,000

BBHC

720 SHERIDAN AVE
CODY,WY82414
N/A PC Beyond Yellowstone Program 75,000

BLUE RIDGE PRISM INC

3200 MIDDLE MOUNTAIN RD
CROZET,VA22932
N/A PC General & Unrestricted 20,000

CALIFORNIA ACADEMY OF SCIENCES GGP

55 MUSIC CONCOURSE DR GGP
SAN FRANCISCO,CA94118
N/A PC bioGraphic 200,000

CENTER FOR PLANT CONSERVATION INC

15600 SAN PASQUAL VALLEY RD
ESCONDIDO,CA92027
N/A PC Florida Plant Rescue 100,000

EMPOWERS AFRICA INC

2 BEEKMAN PL
NEW YORK,NY10022
N/A PC Kenya Bird of Prey Trust 110,250

EMPOWERS AFRICA INC

2 BEEKMAN PL
NEW YORK,NY10022
N/A PC Kenya Wildlife Trust: Mara Predator Conservation Program 78,750

FOOD AND ENVIRONMENT REPORTING NETWORK

580 5TH AVE STE 820
NEW YORK,NY10036
N/A PC Biodiversity Reporting Project 150,000

FRIENDS OF THE OSA

1300 I ST NW STE 400E 9996
WASHINGTON,DC20005
N/A PC Rewilding the Osa Peninsula 150,000

FUND FOR THE CITY OF NEW YORK INC

121 SIXTH AVE
NEW YORK,NY10013
N/A PC Freshkills Park Alliance and staff position fund to support the Director of Science and Research Development 75,000

GUARDIAN ORG FOUNDATION

900 17TH ST NW STE 250
WASHINGTON,DC20006
N/A PC Age of Extinction 350,000

HIGH COUNTRY NEWS

PO BOX 1090
PAONIA,CO81428
N/A PC Conservation Beyond Boundaries 150,000

INATURALIST

1020 B ST
SAN RAFAEL,CA94901
N/A PC iNaturalist Nature Story Hub 150,000

INTERNATIONAL BUREAU FOR EPILEPSY

4-5 BURTON HALL RD
SANDYFORD,DUBLIND18 A094
EI
N/A PC Making Epilepsy a Health Priority in Africa 133,000

INTERNATIONAL CONSERVATION CAUCUS FOUNDATION

1200 POTOMAC ST NW
WASHINGTON,DC20007
N/A PC General & Unrestricted 75,000

LION LANDSCAPES

HIGHCLIFFE NEW RD
TEIGNMOUTH,DEVONTQ14 8UL
UK
N/A PC Ruaha/Selous Carnivore Project 150,000

MALIASILI INITIATIVES INC

4 CARMICHAEL ST UNIT 111 193
ESSEX JUNCTION,VT05452
N/A PC Amplifying Local Conservation Voices 100,000

MALIASILI INITIATIVES INC

4 CARMICHAEL ST UNIT 111 193
ESSEX JUNCTION,VT05452
N/A PC Maliasili Conservation Fund 500,000

MALIASILI INITIATIVES INC

4 CARMICHAEL ST UNIT 111 193
ESSEX JUNCTION,VT05452
N/A PC Kenya Wildlife Conservancies Association 75,000

MARA ELEPHANT PROJECT USA INC

4000 W 106TH ST STE 125 PMB 238
CARMEL,IN46032
N/A PC Mara Elephant Project - Ranger Teams in the Loita Forest 100,000

MONGABAY ORG CORPORATION

2 MOULTON DR
ATHERTON,CA94027
N/A PC Short-form News Desk & Africa Bureau 140,000

OCEANS FORWARD

340 S LEMON AVE
WALNUT,CA91789
N/A PC General & Unrestricted 75,000

OZARK CHINQUAPIN FOUNDATION

135 ROLLING HILLS DR
POPLAR BLUFF,MO63901
N/A PC Ozark Chinquapin Tree Restoration Initiative 60,000

PEREGRINE FUND INC

5668 W FLYING HAWK LN
BOISE,ID83709
N/A PC Protecting East Africa's Vultures 50,000

REWILD

PO BOX 129
AUSTIN,TX78767
N/A PC Rewilding Argentina (Ibera) 150,000

ROCK CREEK CONSERVANCY INC

7200 WISCONSIN AVE STE 500
BETHESDA,MD20814
N/A PC Rock Creek Resilience 50,000

SAHARA CONSERVATION FUND

1 GOVERNMENT DR
SAINT LOUIS,MO63110
N/A PC Halting Vulture Decline in West and Central Africa 55,000

SMITHSONIAN INSTITUTE

PO BOX 37012 MRC 705
WASHINGTON,DC20013
N/A PC NZPCBI/Virginia Working Landscapes 100,000

SUSTAINABLE FISHERIES PARTNERSHIP FOUNDATION

4348 WAIALAE AVE 692
HONOLULU,HI96816
N/A PC Protecting Ocean Wildlife Initiative 175,000

SYNCHRONICITY EARTH USA INC

PO BOX 78
NEW YORK,NY10024
N/A PC Amphibian Conservation Fund 150,000

THE CLIFTON INSTITUTE INC

6712 BLANTYRE RD
WARRENTON,VA20187
N/A PC Using Science to Improve Management of Declining Species on Working Lands in the Virginia Piedmont 100,000

THE WYLDLIFE FUND

PO BOX 890
BUFFALO,WY82834
N/A PC Pooled Migration Fund 300,000

UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION

1995 UNIVERSITY AVE STE 400
BERKELEY,CA94704
N/A PC Stone Center for Large Landscape Conservation 100,000

VOX MEDIA LLC

LOCKBOX 200064 154-0460
PITTSBURGH,PA15251
N/A NC Expenditure Responsibility Grant 285,283

WILDLIFE CONSERVATION NETWORK INC

209 MISSISSIPPI ST
SAN FRANCISCO,CA94107
N/A PC Rwanda Wildlife Conservation Association 100,000

WILDLIFE CONSERVATION NETWORK INC

209 MISSISSIPPI ST
SAN FRANCISCO,CA94107
N/A PC Save the Elephants for Tsavo Trust 75,000

WILDLIFE CONSERVATION NETWORK INC

209 MISSISSIPPI ST
SAN FRANCISCO,CA94107
N/A PC Pangolin Crisis Fund 250,000

WILDLIFE CONSERVATION NETWORK INC

209 MISSISSIPPI ST
SAN FRANCISCO,CA94107
N/A PC Lion Recovery Fund 300,000

WILDLIFE GUARDIANS

PO BOX 9641
WASHINGTON,DC20016
N/A PC Conflict Mitigation in the Amboseli Ecosystem 70,000

WIND RIVER TRIBAL BUFFALO INITIATIVE

PO BOX 14
KINNEAR,WY82516
N/A PC General & Unrestricted 100,000

XERCES SOCIETY INC

1631 NE BROADWAY ST 821
PORTLAND,OR97232
N/A PC Firefly Atlas Initiative 250,000

YALE UNIVERSITY

195 PROSPECT ST KROON HALL
NEW HAVEN,CT06511
N/A PC Yale Environment 360 Coverage of Biodiversity 150,000
Total .................................right arrow 3a 7,220,536
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 ...........
    14 164,927  
4 Dividends and interest from securities ....     14 5,375,168  
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 ............
525990 1,199 18 7,086,461  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1 Inc/Loss
525990 5,096 14 52,435  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 6,295 12,678,991  
13Total. Add line 12, columns (b), (d), and (e)..................
13
12,685,286
(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
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
BAND Foundation
 
Employer identification number

47-3289963
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
BAND Foundation
 
Employer identification number
47-3289963
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
King Baudouin Foundation
B Van Dammerue Brederodestraat 21
 
Brussels, B-1000   BE

$ 325,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
Lapham Burks B
4746 Berkeley Terrace NW
 
Washington, DC20007

$ 10,263,374


(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
BAND Foundation
 
Employer identification number

47-3289963
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
2
APPRECIATED SECURITIES $ 10,263,374 2024-12-04
(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
 
$    
(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
BAND Foundation
 
Employer identification number

47-3289963
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:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
BAND Foundation
EIN:
47-3289963
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
General Consultations 5,000     5,000

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

TY 2024 DepreciationSchedule
Name:
BAND Foundation
EIN:
47-3289963
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

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

TY 2024 ExpenditureResponsibilityStmt
Name:
BAND Foundation
EIN:
47-3289963
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
VOX MEDIA LLC
 
LOCKBOX 200064 154-0460
PITTSBURGH,PA15251
2022-03-07 253,832 TO SUPPORT THE DOWN TO EARTH PROJECT 253,832 NO 12/22/2023, 05/28/2024   NONE NECESSARY
VOX MEDIA LLC
 
LOCKBOX 200064 154-0460
PITTSBURGH,PA15251
2023-12-29 276,310 TO SUPPORT THE DOWN TO EARTH PROJECT 266,300 NO 05/28/2024, 05/22/2025   NONE NECESSARY
VOX MEDIA LLC
 
LOCKBOX 200064 154-0460
PITTSBURGH,PA15251
2024-12-30 285,283 TO SUPPORT THE DOWN TO EARTH PROJECT 0 NO 05/22/2025   NONE NECESSARY

TY 2024 GeneralExplanationAttachment
Name:
BAND Foundation
EIN:
47-3289963
Identifier Return Reference Explanation
Form 926 Form 926 The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.
Form 8865 Form 8865 The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.
FORM 990-PF FORM 990-PF One or more partnerships have provided a Schedule K-3 for the tax year in which they have checked one or more of the boxes in Part I but not provided sufficient back-up information to allow the Foundation to verify why such boxes were checked or the extent to which the checking of such boxes affects any item on this return. The Foundation has prepared this return to the best of its ability and without any foreign filings for such partnerships based on the information provided to it by these partnerships and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.
PART I LINE 6A (990-PF) PART I LINE 6A (990-PF) RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $7,086,461 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $1,199 TOTAL PART I, LINE 6A: $7,087,660 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $70,399,733 BOOK BASIS: $63,485,085 NET GAIN/(LOSS): $6,914,648 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $171,813

TY 2024 InvestmentsCorpStockSchedule
Name:
BAND Foundation
EIN:
47-3289963
Name of Stock End of Year Book Value End of Year Fair Market Value
ADDUS HOMECARE CORP 67,898 89,876
AIRBUS GROUP 189,309 239,010
ALPHABET INC CL C 127,893 328,509
AMAZON COM 249,298 364,407
AMERICA'S CAR-MART, INC 40,764 26,599
AMERICAN WOODMARK CORP 16,854 23,779
AMN HEALTHCARE SERVICES INC 78,488 39,396
AON PLC CL A 199,390 263,983
ASHLAND GLOBAL HOLDINGS 37,119 29,299
ASML HOLDING NV NY REG SHS 157,951 187,132
ASPRIRE FOOD GROUP C-3 PFD WAR    
AZEK COMPANY INC CL A 20,783 36,647
BALL CP 130,383 142,732
BEACON ROOFING SUPPLY, INC 14,592 46,219
BLACKROCK HIGH YIELD BOND PORT 8,072,467 8,368,176
BROOKFIELD ASSET MANAGEMENT LT 210,031 311,593
CADRE HOLDINGS INC 20,630 18,799
CANADIAN NATL RAILWAY CO 207,507 177,643
CARRIER GLOBAL 133,346 150,582
CHIPOTLE MEX GRILL 117,445 120,660
CONSTELLATION ENERGY GROUP INC 161,707 145,412
CORE AND MAIN INC 107,876 112,002
COUPANG ORD SHS CL A 135,901 189,248
CSW INDUSTRIALS INC 13,221 38,808
CUSHMAN & WAKEFIELD PLC 59,947 52,569
DANAHER CORP 214,347 241,028
DEERE CO 173,295 197,021
DFA EMERGING MARKETS CORE EQ P 2,424,117 2,535,102
DFA INTERNATIONAL SMALL CO POR 1,443,042 1,426,861
DOCGO INC 43,063 27,246
DORMAN PRODUCTS INC 30,442 41,197
DOUBLELINE CORE FIXED INCOME I 23,706,151 23,891,473
ELEMENT SOLUTIONS INC 54,249 69,297
EPLUS, INC 29,756 52,085
FLEXSHARES CREDIT-SCORED US CO 24,721,367 24,860,810
FLEXSHARES GLOBAL QUALITY REAL 2,912,535 2,746,305
FLEXSHARES INTERNATIONAL QUALI 4,228,653 4,417,391
FLEXSHARES QUALITY DIVIDEND IN 5,631,268 8,867,499
FLEXSHARES STOXX GLOBAL BROAD 1,448,112 1,366,474
GLOBAL SUSTAINABILITY EQTY IND 4,192,709 6,082,143
GROCERY OUTLET HOLDING CORP 41,129 26,849
HAYWARD HOLDINGS INC 38,299 44,968
HILLMAN SOLUTIONS ORD SHS 46,730 50,015
ICF INTERNATIONAL, INC 22,042 20,743
ICU MEDICAL, INC 57,317 56,792
INSIGHT ENTERPRISES, INC 14,313 13,689
INTER PARFUMS INC 15,739 36,560
INTUIT 165,057 185,408
ISHARES MSCI USA ESG OPTIMIZED 4,265,905 6,487,245
ISHARES S&P GLOBAL I 5,859,134 5,564,403
ISHARES TRUST ISHARES MSCI EAF 6,841,510 7,297,866
L'OREAL ADR 187,530 190,107
LANDSTAR SYSTEM 30,285 39,356
MARZETTI COMPANY COM 23,831 27,529
MERCADOLIBRE, INC 230,134 231,260
MERIDIANLINK INC 31,275 38,017
MICROSOFT CORP 169,692 347,738
MOODYS CORP 130,282 220,117
NORTHERN EMERGING MARKETS EQUI 2,569,371 2,625,467
NORTHERN FDS STK INDEX FUND 2,928,581 3,260,175
NORTHERN FUNDS INTL EQ INDEX 7,093,303 7,038,622
NORTHERN FUNDS MID CAP INDEX 6,264,878 6,200,355
NORTHERN HIGH YIELD FIXED INCO 5,565,203 5,873,566
NORTHERN SMALL CAP INDEX FD 2,255,712 2,312,541
NUVEEN PREFERRED SECURITIES FU 1,405,356 1,446,333
NVIDIA CORP 147,347 164,371
OLLIES BARGAIN OUTLET HOLDINGS 12,336 28,530
QUAKER CHEMICAL CORP 29,870 26,885
S&P GLOBAL INC COM 151,406 226,106
SCHNEIDER ELEC UNSP/ADR 145,081 291,635
SKYWARD SPECIALTY INSURANCE 28,711 27,949
SPDR S&P 500 ETF TRUST 1,516,075 1,465,200
SYNOPSYS, INC 181,545 155,801
TAIWAN SEMICONDUCTOR MFG CO LT 133,586 281,621
THE ENSIGN GROUP, INC 36,468 50,221
THERMO FISHER SCIENTIFIC INC 222,100 241,907
TRANE TECHNOLOGIES PLC 91,528 262,239
UBER 163,790 193,989
UNIFIRST CP 21,075 19,333
UNITED RENTALS INC 81,183 181,041
VERISK ANALYTICS, INC 108,754 110,172
VERRA MOBILITY CORPORATION 30,252 71,162
VIRTUS INVESTMENT PTNRS, INC 25,098 39,043
WASTE MANAGEMENT INC 140,977 249,614
WHITE MTN INS LTD 28,443 31,121
WILLSCOT MOBILE MINI CL A 190,170 167,250
WYNDHAM HOTELS & RESORTS INC C 25,386 44,045
YETI HOLDINGS, INC. 26,332 27,650

TY 2024 InvestmentsGovtObligationsSch
Name:
BAND Foundation
EIN:
47-3289963
US Government Securities - End of Year Book Value:

4,000,938
US Government Securities - End of Year Fair Market Value:

4,023,062
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 InvestmentsOtherSchedule2
Name:
BAND Foundation
EIN:
47-3289963
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ALPHA CORE STRATEGIES FEEDER F   4,740,372 6,346,246
ASPIRE FOOD GROUP   149,998  
BLACKSTONE REAL ESTATE PARTNER   20,935 25,335
BREP X.F (892/QFPF/TE) (AV-UTP   600,004 726,116
BREP X.F (AV-UTP-IND) LP   121,911 147,535
BREP X.F (AV-UTP-IND-FL) LP   10,740 12,997
BREP X.F (QFPF/TE) (AV-UTP) L.   339,535 410,901
BREP X.TE-F (OFFSHORE) (CAN) L   127,232 172,814
BREP X.TE-F (OFFSHORE) FEEDER   110,069  
TACOPPS FEEDER FUND I (OFFSHOR   404,570 678,596
TPG RISE CLIMATE CAYFIR AIV I-   156,139 175,887
TPG RISE CLIMATE CAYMAN AIV I   568,491 767,100
TPG RISE CLIMATE DE AIV I, L.P   221,158 292,095
TPG RISE CLIMATE FIRPTA AIV II   39,392 48,180
TPG RISE CLIMATE FUND L.P   612,680 745,510

TY 2024 LegalFeesSchedule
Name:
BAND Foundation
EIN:
47-3289963
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
General Consultations 1,208     1,208


TY 2024 OtherExpensesSchedule
Name:
BAND Foundation
EIN:
47-3289963
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 79,836     79,836
Bank Charges 3,253 3,253    
Indemnification Insurance 3,070     3,070
K-1 Exp BLACKSTONE REAL ESTATE 22,756 21,068    
K-1 Exp BREP X.F (QFPF/TE) (AV 33,431 33,431    
K-1 Exp BREP X.TE-F (OFFSHORE) 18,062 16,353    
K-1 Exp TPG RISE CLIMATE CAYFI 50 50    
K-1 Exp TPG RISE CLIMATE CAYMA 52 52    
K-1 Exp TPG RISE CLIMATE DE AI 79 79    
K-1 Exp TPG RISE CLIMATE FIRPT 1,407 990    
K-1 Exp TPG RISE CLIMATE FUND 70,943 56,825    
Postage/Delivery Service 1,480     1,480
State or Local Filing Fees 25     25


TY 2024 OtherIncomeSchedule2
Name:
BAND Foundation
EIN:
47-3289963
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 Inc/Loss BLACKSTONE REAL ESTATE PARTNERS X LP 4,767 4,236  
K-1 Inc/Loss BREP X.F (892/QFPF/TE) (AV-UTP) L.P 14,728 14,728  
K-1 Inc/Loss BREP X.F (AV-UTP-IND) LP 2,753 2,753  
K-1 Inc/Loss BREP X.F (AV-UTP-IND-FL) LP 179 179  
K-1 Inc/Loss BREP X.F (QFPF/TE) (AV-UTP) L.P 23,242 21,824  
K-1 Inc/Loss BREP X.TE-F (OFFSHORE) (CAN) L.P 4,868 3,734  
K-1 Inc/Loss TPG RISE CLIMATE CAYFIR AIV I-B, LP 1,843 1,843  
K-1 Inc/Loss TPG RISE CLIMATE CAYMAN AIV I LP 1,959 1,959  
K-1 Inc/Loss TPG RISE CLIMATE DE AIV I, L.P 580 580  
K-1 Inc/Loss TPG RISE CLIMATE FIRPTA AIV II LP 4 4  
K-1 Inc/Loss TPG RISE CLIMATE FUND L.P 2,608 595  


TY 2024 OtherIncreasesSchedule
Name:
BAND Foundation
EIN:
47-3289963
Description Amount
RETURNED GRANT 215


TY 2024 OtherProfessionalFeesSchedule
Name:
BAND Foundation
EIN:
47-3289963
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 286,545 286,545    
Philanthropic Consulting Srvcs 72,083     72,083
PRODUCTION SERVICES 24,250     24,250


TY 2024 TaxesSchedule
Name:
BAND Foundation
EIN:
47-3289963
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2024 151,300      
Foreign Tax Paid 134 134