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
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
 
Number and street (or P.O. box number if mail is not delivered to street address)548 MARKET ST PMB 281904
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA94104
A Employer identification number

95-4560243
B Telephone number (see instructions)

(818) 939-3855
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$6,973,203J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 42,673 42,673 42,673
4 Dividends and interest from securities... 160,365 160,365 160,365
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,436,886
b Gross sales price for all assets on line 6a 6,948,334
7 Capital gain net income (from Part IV, line 2)... 1,436,886
8 Net short-term capital gain......... 1,436,886
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,064 5,717 8,064
12 Total. Add lines 1 through 11........ 1,647,988 1,645,641 1,647,988
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 416,124 0 0 416,124
14 Other employee salaries and wages...... 336,077 0 0 336,077
15 Pension plans, employee benefits....... 137,188 0 0 137,188
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
1,314,150 0 0 1,314,150
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
63,115 31,558 0 31,557
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
69,608 55,644 0 13,964
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
11,000 0 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 19,590 0 0 19,590
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,197,781 0 0 1,197,781
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,564,633 87,202 0 3,466,431
25 Contributions, gifts, grants paid....... 956,000 1,201,000
26 Total expenses and disbursements. Add lines 24 and 25 4,520,633 87,202 0 4,667,431
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,872,645
b Net investment income (if negative, enter -0-) 1,558,439
c Adjusted net income (if negative, enter -0-)... 1,647,988
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......... 1,741,965 821,252 821,252
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.......... 197,036    
10a Investments—U.S. and state government obligations (attach schedule) 1,145,224 Click to see attachment
List of Attached Documents:
// Content
755,657 		755,657
b Investments—corporate stock (attach schedule)....... 6,918,176 Click to see attachment
List of Attached Documents:
// Content
4,798,637 		4,798,637
c Investments—corporate bonds (attach schedule)....... 655,879 Click to see attachment
List of Attached Documents:
// Content
539,010 		539,010
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).......... 0 Click to see attachment
List of Attached Documents:
// Content
56,282 		56,282
14 Land, buildings, and equipment: basis right arrow2,365
Less: accumulated depreciation (attach schedule) right arrow   2,365 Click to see attachment
List of Attached Documents:
// Content
2,365 		2,365
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,660,645 6,973,203 6,973,203
Liabilities 17 Accounts payable and accrued expenses.......... 89,961 17,331
18 Grants payable................. 245,000  
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)......... 334,961 17,331
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........... 10,325,684 6,955,872
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 10,325,684 6,955,872
30 Total liabilities and net assets/fund balances (see instructions). 10,660,645 6,973,203
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
10,325,684
2
Enter amount from Part I, line 27a .....................
2
-2,872,645
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,453,039
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
497,167
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,955,872
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 SALE OF PUBLICLY TRADED SECURITIES   2024-01-01 2024-12-31
b
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 6,948,334   5,511,448 1,436,886
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,436,886
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 1,436,886
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 1,436,886
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 21,662
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 21,662
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 21,662
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 22,724
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 22,724
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 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 1,062
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow1,062 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
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 arrowGLOBALSPORTSDEVELOPMENT.ORG
14
The books are in care ofright arrowMELANIE ARMENTI Telephone no.right arrow (818) 939-3855

Located atright arrow548 MARKET ST PMB 281904SAN FRANCISCOCA ZIP+4right arrow94104
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)
Yes
 
(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
ARIEL KELLEY PRESIDENT, DIRECTOR, CEO
10.00 		0 0 0
548 MARKET ST PMB 281904
SAN FRANCISCO,CA94104
SHOSHANA UNGERLEIDER TREASURER, SECRETARY, DIRECTOR
10.00 		0 0 0
548 MARKET ST PMB 281904
SAN FRANCISCO,CA94104
MELANIE ARMENTI ASST SECRETARY, ASST TREASURER, COO
55.00 		380,000 22,500 0
548 MARKET ST PMB 281904
SAN FRANCISCO,CA94104
DAVID ULICH DIRECTOR, FMR PRESIDENT & CEO
20.00 		13,624 0 0
548 MARKET ST PMB 281904
SAN FRANCISCO,CA94104
PAUL MALINGAGIO DIRECTOR
5.00 		0 0 0
548 MARKET ST PMB 281904
SAN FRANCISCO,CA94104
STEVE BAUM DIRECTOR (LEFT 10/24)
5.00 		0 0 0
548 MARKET ST PMB 281904
SAN FRANCISCO,CA94104
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
ISABEL CATHCART DIRECTOR OF OPERATIO
40.00 		247,497 7,750 0
548 MARKET ST PMB 281904
SAN FRANCISCO,CA94104
KELLY HANSEN PROGRAM COORDINATOR
40.00 		100,215 2,520 0
548 MARKET ST PMB 281904
SAN FRANCISCO,CA94104
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
LOEB & LOEB LLP LEGAL 613,493
10100 SANTA MONICA BLVD STE 2200
LOS ANGELES,CA90067
SHEPPARD MULLIN RICHTER & HAMPTON LLP LEGAL 446,738
333 S HOPE ST 43RD FLOOR
LOS ANGELES,CA90071
CRUX ENTERTAINMENT ASSOCIATE PRODUCER - PRODUCTION ON DOCUMENTARY FILMS 222,574
2870 HIGHLAND LOOP CIRCLE
WOODLAND,UT84036
SACKS GLAZIER FRANKLIN & LODISE LLP LEGAL 150,627
350 S GRAND AVENUE STE 3500
LOS ANGELES,CA90071
FLETCHARTS PRODUCTION AND ANNIMATION ON DOCUMENTARY FILMS 117,113
5631 SUNSET MEADOW CIR
HERRIMAN,UT84096
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 IN 2015 THE FOUNDATION FORMED SIDEWINDER FILMS, LLC (SIDEWINDER FILMS), A 501(C)(3) WHOLLY-OWNED SUBSIDIARY, IN FURTHERANCE OF ITS TAX-EXEMPT PURPOSES AND CHARITABLE MISSION. SPORT IS MORE THAN SIMPLY A TYPE OF COMPETITION. SPORT HOLDS THE KEY TO UNLOCKING THE TRIUMPH OF HUMAN SPIRIT, MUTUAL UNDERSTANDING, AND COOPERATION AND RESPECT AMONG ALL PEOPLE. SIDEWINDER FILMS SEEKS TO BRING THESE POSITIVE MESSAGES OF SPORT TO PEOPLE THROUGH FILMS WHICH TOUCH LIVES, TELL REMARKABLE STORIES, AND CREATE A LASTING IMPACT. SIDEWINDER FILMS PRODUCED MUNICH '72 AND BEYOND, AN EMMY NOMINATED DOCUMENTARY THAT TAKES THE VIEWER ON AN EMOTIONAL JOURNEY FROM THE BEGINNING OF THE 1972 ATTACK TO PRESENT-DAY, WHERE FINALLY HEALING BEGINS TO BE WITNESSED AS A NEW MEMORIAL IS BEING BUILT IN MUNICH AT THE OLYMPIC PARK. 147,194
2 IN 2018, THE FOUNDATION FORMED ANOTHER 501(C)(3) WHOLLY-OWNED SUBSIDIARY, SIDEWINDER FILMS III, LLC (SIDEWINDER FILMS III), WITH THE PURPOSE OF ENGAGING IN VARIOUS PROGRAMS IN FURTHERANCE OF THE FOUNDATION'S TAX-EXEMPT CHARITABLE MISSION, INCLUDING PRODUCING AN EDUCATIONAL FILM, WATERMAN. WATERMAN SHARES THE MOSTLY UNKNOWN STORY OF FIVE-TIME OLYMPIC MEDALIST DUKE KAHANAMOKU WHO SHATTERED RECORDS AND BROUGHT SURFING TO THE WORLD, ALL WHILE OVERCOMING RAMPANT RACISM IN A LIFETIME OF PERSONAL CHALLENGES. FEW OUTSIDE OF HAWAII KNOW THE DETAILS OF THIS INSPIRING STORY AND HIS CONSIDERABLE IMPACT TO SOCIETY WORLDWIDE. (CONITNUED ON STATEMENT 19) 43,506
3 IN FURTHERANCE OF THEIR MISSION, THE FOUNDATION RUNS THE EXCEPTIONAL YOUTH SCHOLARSHIP PROGRAM. THE EXCEPTIONAL YOUTH SCHOLARSHIP RECOGNIZES YOUTH WHO HAVE DEMONSTRATED REMARKABLE CONDUCT THROUGH COMMUNITY SERVICE EFFORTS, VOLUNTEERISM AND MENTORSHIP ACTIVITIES, IN ADDITION TO ACHIEVING OUTSTANDING ACADEMIC PERFORMANCE. A TOTAL OF TEN (10) HIGH SCHOOL SENIORS ARE AWARDED A ONE-TIME SCHOLARSHIP OF $10,000 TO BE APPLIED TOWARDS COST OF ATTENDANCE INCLUDING TUITION, HOUSING, BOOKS AND OTHER ON-CAMPUS RELATED EXPENSES AT ACCREDITED, FOUR-YEAR COLLEGES AND UNIVERSITIES IN THE UNITED STATES. 32,464
4 IN 2020, THE FOUNDATION FORMED TWO ADDITIONAL 501(C)(3) WHOLLY-OWNED SUBSIDIARIES, SIDEWINDER FILMS V, LLC (SIDEWINDER FILMS V), AND SIDEWINDER FILMS VI, LLC (SIDEWINDER FILMS VI), WITH THE PURPOSE OF ENGAGING IN VARIOUS PROGRAMS IN FURTHERANCE OF THE FOUNDATION'S TAX-EXEMPT CHARITABLE PURPOSES, INCLUDING PRODUCING TWO ADDITIONAL EDUCATIONAL FILMS, PLAYING TO SURVIVE: VON CRAMM V. HITLER, AND 12 PARTS PER MILLION. THE LIFE OF GOTTFRIED VON CRAMM WILL SHARE THE HEROIC STORY OF GOTTFRIED VON CRAMM, AN INTERNATIONAL TENNIS CHAMPION WHO CHALLENGES HITLER, SURVIVES A BRUTAL WAR AND FACES CONSEQUENCES FOR HIS SECRET LIFE. WITH COURAGE AND A STRONG SENSE OF FAMILY, HE FIGHTS TO REGAIN HIS HONOR BOTH ON THE TENNIS COURT AND OFF. RICK DEMONT: 12 PARTS PER MILLION TELLS THE STORY OF TEEN OLYMPIC SWIMMING SENSATION, RICK DEMONT, WHO HAS HIS GOLD (CONTINUED ON STATEMENT 19) 900,768
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
7,384,417
b
Average of monthly cash balances.......................
1b
1,298,123
c
Fair market value of all other assets (see instructions)................
1c
56,282
d
Total (add lines 1a, b, and c).........................
1d
8,738,822
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
8,738,822
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
131,082
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
8,607,740
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
430,387
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
4,667,431
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
4,667,431
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
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  
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 .......... 		 
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 ...... 		 
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....  
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
430,387 621,758 953,437 1,114,814 3,120,396
b 85% (0.85) of line 2a ......... 365,829 528,494 810,421 947,592 2,652,337
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		4,667,431 5,901,616 9,569,446 9,558,291 29,696,784
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		1,201,000 1,335,250 2,147,509 2,029,668 6,713,427
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		3,466,431 4,566,366 7,421,937 7,528,623 22,983,357
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(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 .. 		286,925 414,505 635,625 743,209 2,080,264
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).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
KELLY HANSEN
548 MARKET ST PMB 281904
SAN FRANCISCO,CA94104
(541) 683-9278
KHANSEN@GLOBALSPORTSDEVELOPMENT.ORG
bThe form in which applications should be submitted and information and materials they should include:
BRIEF INQUIRY LETTER AND GRANT PROPOSAL
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
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

ALLIANCE MEDICAL CENTER

1381 UNIVERSITY AVE
HEALDSBURG,CA95448 		  PC IN SUPPORT OF ALLIANCE MEDICAL CENTER 10,000

CHILDHELP

6730 NORTH SCOTTSDALE ROAD SUITE
150
PHOENIX,AZ85253 		  PC TO SUPPORT THE COURAGE FIRST ATHLETE HELPLINE, A TOLL-FREE HOTLINE THAT ASSISTS ATHLETES, PARENTS, COACHES, AND ANYONE IN ATHLETIC COMMUNITIES CONCERNED ABOUT EMOTIONAL, PHYSICAL, AND SEXUAL ABUSE. 100,000

ECONOMIC SECURITY PROJECT

228 PARK AVE S PMB 32482
NEW YORK,NY100031502 		  PC TO SUPPORT THE ECONOMIC SECURITY PROJECT 15,000

ELSIE ALLEN HIGH SCHOOL FOUNDATION

PO BOX 4801
SANTA ROSA,CA95402 		  PC IN SUPPORT OF THE ELSIE ALLEN HIGH SCHOOL FOUNDATION 10,000
EXCEPTIONAL YOUTH SCHOLARSHIP RECIP


ADDRESS AVAILABLE UPON REQUEST
GRAND FORKS,ND58201 		  I EXCEPTIONAL YOUTH SCHOLARSHIP 10,000
EXCEPTIONAL YOUTH SCHOLARSHIP RECIP


ADDRESS AVAILABLE UPON REQUEST
LITCHFIELD PARK,AZ853402578 		  I EXCEPTIONAL YOUTH SCHOLARSHIP 10,000
EXCEPTIONAL YOUTH SCHOLARSHIP RECIP


ADDRESS AVAILABLE UPON REQUEST
LUBBOCK,TX79423 		  I EXCEPTIONAL YOUTH SCHOLARSHIP 10,000
EXCEPTIONAL YOUTH SCHOLARSHIP RECIP


ADDRESS AVAILABLE UPON REQUEST
APPLE VALLEY,CA92308 		  I EXCEPTIONAL YOUTH SCHOLARSHIP 10,000
EXCEPTIONAL YOUTH SCHOLARSHIP RECIP


ADDRESS AVAILABLE UPON REQUEST
VANCOUVER,WA98683 		  I EXCEPTIONAL YOUTH SCHOLARSHIP 10,000
EXCEPTIONAL YOUTH SCHOLARSHIP RECIP


ADDRESS AVAILABLE UPON REQUEST
HOUSTON,TX77093 		  I EXCEPTIONAL YOUTH SCHOLARSHIP 10,000
EXCEPTIONAL YOUTH SCHOLARSHIP RECIP


ADDRESS AVAILABLE UPON REQUEST
FLAGSTAFF,AZ86005 		  I EXCEPTIONAL YOUTH SCHOLARSHIP 10,000
EXCEPTIONAL YOUTH SCHOLARSHIP RECIP


ADDRESS AVAILABLE UPON REQUEST
AURORA,CO80011 		  I EXCEPTIONAL YOUTH SCHOLARSHIP 10,000
EXCEPTIONAL YOUTH SCHOLARSHIP RECIP


ADDRESS AVAILABLE UPON REQUEST
NEW YORK,NY10032 		  I EXCEPTIONAL YOUTH SCHOLARSHIP 10,000
EXCEPTIONAL YOUTH SCHOLARSHIP RECIP


ADDRESS AVAILABLE UPON REQUEST
APO,AA96367 		  I EXCEPTIONAL YOUTH SCHOLARSHIP 10,000

FAIR PLAY AMERICAS INC

6009 BROOKSIDE DR
CHEVY CHASE,MD20815 		  PC TO SUPPORT FAIR PLAY AMERICAS, INC.'S PROGRAMS AT THE 2024 SUMMER OLYMPIC GAMES IN PARIS, FRANCE. 51,000

HEALTHCARE FOUNDATION

PO BOX 1025
HEALDSBURG,CA95448 		  PC IN SUPPORT OF HEALTHCARE FOUNDATION'S COMMUNITY PROGRAMS 20,000

INTERNATIONAL SURFING ASSOCIATION

2187 NEWCASTLE AVE STE 100
CARDIFF,CA92007 		  PC TO SUPPORT INTERNATIONAL SURFING ASSOCIATION'S ADAPTIVE SURFING PROGRAMS. 80,000

INTERNATIONAL TENNIS FEDERATION (ITF)

BANK LANE ROEHAMPTON
LONDON    
UK 		  NC TO SUPPORT THE ITF'S GENDER EQUALITY STRATEGY "ADVANTAGE ALL." 75,000

INTERNATIONAL TENNIS FEDERATION (ITF)

BANK LANE ROEHAMPTON
LONDON    
UK 		  NC SUPPORT OF ITF'S "ADVANTAGE ALL" GENDER EQUALITY STRATEGY. 150,000

ITTF FOUNDATION

RICHARD-WAGNER-STR 10
LEIPZIG    
GM 		  NC IN SUPPORT OF PROGRAMS 150,000

JEWISH COMMUNITY RELATIONS COUNCIL OF THE BAY AREA

121 STEUART STREET 301
SAN FRANCISCO,CA94105 		  PC IN SUPPORT OF JEWISH COMMUNITY RELATIONS COUNCIL OF THE BAY AREA 20,000

LA SPORTS COUNCIL FOUNDATION

147 BAY ST
SANTA MONICA,CA90405 		  PC SUPPORT FOR 2024 LA SPORTS AWARDS. 10,000

LUTHER BURBANK CENTER FOR THE ARTS

50 MARK WEST SPRINGS RD
SANTA ROSA,CA95403 		  PC TO SUPPORT LUTHER BURBANK CENTER FOR THE ARTS 10,000

REBOOT

734 LONGMEADOW STREET UNIT 1
LONGMEADOW,MA01106 		  PC TO SUPPORT REBOOT'S YOUTH PROGRAMMING 25,000

REDWOOD EMPIRE FOOD BANK

3990 BRICKWAY BLVD
SANTA ROSA,CA95403 		  PC TO SUPPORT THE REDWOOD EMPIRE FOOD BANK 10,000

SOUTHERN CALIFORNIA COMMITTEE FOR OLYMPIC GAMES (SCCOG)

147 BAY STREET
SANTA MONICA,CA90405 		  PC GRANT IN SUPPORT OF SCCOG'S 2023-2024 READY, SET, GOLD! YOUTH PROGRAMMING 90,000

STAND WITH US

FILE 2215 1801 W OLYMPIC BLVD
PASADENA,CA911992215 		  PC IN SUPPORT OF THE STAND WITH US EDUCATIONAL PROGRAMS 25,000

STANFORD UNIVERSITY

STANFORD CENTER FOR BIOMEDICAL
ETHICS PO BOX 20466
STANFORD,CA943090466 		  PC SUPPORT OF THE STANFORD CENTER FOR BIOMEDICAL ETHICS 25,000

STREET SOCCER USA

2408 8TH ST
SACRAMENTO,CA95818 		  PC IN SUPPORT OF STREET SOCCER USA'S THE LADIES FIRST INITIATIVE 10,000

TRUE WEST FILM

375 HEALDSBURG AVE SUITE 200
HEALDSBURG,CA95448 		  PC IN SUPPORT OF TRUE WEST FILM 25,000

TRUSTEE OF THE UNIVERSITY OF PENNSYLVANIA

CENTER FOR BRCA 3535 MARKET ST STE
750
PHILADELPHIA,PA19104 		  PC SUPPORT OF UNIVERSITY OF PENNSYLVANIA'S BASSER CENTER FOR BRCA 25,000

UNIVERSITY OF MINNESOTA FOUNDATION

PO BOX 860266
MINNEAPOLIS,MN554860266 		  PC CONTRIBUTION TO SUPPORT THE CENTER FOR INFECTIOUS DISEASE RESEARCH AND PREVENTION OSTERHOLM PODCAST - CIDRAP DEMAND FUND 25,000

VOTE MAMA FOUNDATION

PO BOX 694
AMITYVILLE,NY11701 		  PC IN SUPPORT OF VOTE MAMA FOUNDATION'S RESEARCH AND ANALYSIS PROGRAMS 10,000

WORLD ARCHERY FEDERATION

MAISON DU SPORT INTERNATIONAL
AVENUE DE RHODANIE 54
LAUSANNE    
SZ 		  NC IN SUPPORT OF PROGRAMS 100,000

YALE UNIVERSITY

GIFTS AND RECORDS SERVICES PO BOX
2038
NEW HAVEN,CT065212038 		  PC SUPPORT OF THE DEANS FUND FOR FIREARM INJURY PREVENTION 30,000
Total .................................right arrow 3a 1,201,000
bApproved for future payment
Total ................................. right arrow 3b 0
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 42,673  
4 Dividends and interest from securities ....     14 160,365  
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 .....     15 5,717  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,436,886  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFILM DISTRIBUTIONS 		    01 2,347  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,647,988 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,647,988
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
EIN:
95-4560243
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 63,115 31,558 0 31,557

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

TY 2024 ExpenditureResponsibilityStmt
Name:
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
EIN:
95-4560243
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
INTERNATIONAL TENNIS FEDERATION (ITF)
  		BANK LANE ROEHAMPTON
LONDON   SW15 5XZ
UK 		2020-12-14 75,000 TO SUPPORT ITF'S GENDER EQUALITY STRATEGY "ADVANTAGE ALL" PROJECTS WHICH AIM TO EMPOWER, INSPIRE, AND ENABLE WOMEN AND GIRLS TO REACH THEIR FULL POTENTIAL AND BECOME LEADERS AND DECISION MAKERS IN SPORTS. 75,000 NONE 12/18/23 2023-12-18  
INTERNATIONAL TENNIS FEDERATION (ITF)
  		BANK LANE ROEHAMPTON
LONDON   SW15 5XZ
UK 		2020-12-14 150,000 TO SUPPORT ITF'S GENDER EQUALITY STRATEGY "ADVANTAGE ALL" PROJECTS WHICH AIM TO EMPOWER, INSPIRE, AND ENABLE WOMEN AND GIRLS TO REACH THEIR FULL POTENTIAL AND BECOME LEADERS AND DECISION MAKERS IN SPORTS. 150,000 NONE 8/12/24 2024-08-12  
ITTF FOUNDATION
  		RICHARD-WAGNER-STR 10
LEIPZIG   04109
GM 		2021-04-23 150,000 2021 GRANT PLEDGE TO SUPPORT ITTF FOUNDATION'S DREAM BUILDING PROGRAM WHICH AIMS TO IMPROVE AN ASPECT OF HUMAN WELFARE IN COMMUNITIES AROUND THE WORLD AND CONTRIBUTE TO THE ADVANCEMENT OF THE UNITED NATIONS 17 GLOBAL SUSTAINABLE DEVELOPMENT GOALS THROUGH TABLE TENNIS THROUGH CONTINUED SUPPORT OF ITTFS ONGOING DREAM BUILDING FUND PROJECTS WITH 6 NEW PROJECTS SELECTED AT THE END OF 2024 EXPECTED TO START IN THE FIRST HALF OF 2025. 150,000 NONE 8/9/24, 12/9/24 2024-12-09  
WORLD ARCHERY FEDERATION
  		MAISON DU SPORT INTERNATIONAL
LAUSANNE   CH-1007
SZ 		2021-11-09 100,000 2021 GRANT PLEDGE TO SUPPORT WORLD ARCHERY'S 2024 ACTIVITIES IN AFRICA AND OCEANIA WHICH AIM TO PROVIDE ACCESS TO THE SPORT AND GROW ARCHERY AND PARA ARCHERY IN THOSE REGIONS: (I) CONTINUE COOPERATION WITH OLYMPAFRICA; (II) PREPARE THE YOG 2026 IN SENEGAL; (III) CONTINUE PROJECTS ON JUDGE TRAINING AND PARALYMPIC DEVELOPMENT FOR AFRICA; (IV) CONTINUE EDUCATION MATERIALS DEVELOPMENT; (V) CONTINUE WOMEN IN SPORT HIGH PERFORMANCE (WISH) PROGRAM WHICH SUPPORTS AND EMPOWERS WOMENS DEVELOPMENT AS COACHES; (VI) HOST A DEVELOPMENT CAMP IN OCEANIA; (VII) SUPPORT EXISTING ARCHERY ASSOCIATIONS IN THE REGIONS AND PROVIDE EQUIPMENT AND DEVELOPMENT AGENTS. 100,000 NONE 9/30/24 2024-09-30  

TY 2024 GeneralExplanationAttachment
Name:
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
EIN:
95-4560243
Identifier Return Reference Explanation
  PART IX-A, LINE 1 SUMMARY OF DIRECT CHARITABLE ACTIVITIES STATEMENT 2:SIDEWINDER FILMS III, LLC (CONTINUED)THE FILMS DESCRIBED IN THIS ACTIVITY ONE, AND LATER IN ACTIVITIES TWO AND FOUR, FURTHER THE FOUNDATION'S CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3), INCLUDING BUT NOT LIMITED TO USING SPORTS, DOCUMENTARY, AND NONFICTION FILMS AND OUTREACH PROGRAMS AS A VEHICLE TO EDUCATE YOUTH ON BROAD VALUES RELATED TO SPORTSMANSHIP, TEAMWORK, DRUG FREE SPORTS, FAIR PLAY, AND ACADEMIC ACHIEVEMENT, AS WELL AS UTILIZING A VARIETY OF RESOURCES TO PROVIDE EDUCATION ON PUBLIC HEALTH ISSUES[1] (THE "CHARITABLE PURPOSES") BECAUSE THEY ARE EDUCATIONAL FILMS WHICH ARE PRESENTED TO THE PUBLIC AND THEIR PRODUCTION PROVIDES AN EFFECTIVE MEANS FOR THE INCREASED DISSEMINATION AND ADVANCEMENT OF KNOWLEDGE ON GOOD SPORTSMANSHIP, FAIR PLAY, BULLING, AND ABUSE PREVENTION ALL OF WHICH ARE SUBJECTS OF CONCERN TO THE GENERAL PUBLIC. STATEMENT 4:SIDEWINDER FILMS V, LLC AND SIDEWINDER FILMS VI (CONTINUED):MEDAL STRIPPED FOR AN APPARENT DRUG VIOLATION, AND HIS CHANCE FOR ANOTHER GOLD MEDAL ROBBED. BUT AFTER YEARS OF INVESTIGATION, THE EVIDENCE SHOWS THAT OFFICIALS MADE THE WRONG CALL. WITH NEVER-BEFORE-SEEN VIDEO AND A UNIQUE PRODUCTION STYLE, THIS SHORT DOCUMENTARY REVEALS THE DECADES-LONG EFFORT TO HELP DEMONT REGAIN HIS MEDAL AND RIGHTFUL PLACE IN SPORTS HISTORY.

TY 2024 InvestmentsCorpBondsSchedule
Name:
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
EIN:
95-4560243
Name of Bond End of Year Book Value End of Year Fair Market Value
AMERICAN HONDA FINANCE 6,250 6,250
AMGEN INC 6,056 6,056
BANK AMERICA FUNDING CORP 5,750 5,750
BOEING CO 6,789 6,789
CITIGROUP INC 5,881 5,881
CROWN CASTLE INTL CORP 6,737 6,737
CVS HEALTH CORP 5,752 5,752
ENERGY TRANSFER L P SR 6,387 6,387
GOLDMAN SACHS GROUP INC 11,676 11,676
INTUIT INC 6,012 6,012
MICRON TECHNOLOGY INC 6,901 6,901
MORGAN STANLEY 7,431 7,431
NEXTERA ENERGY CAP HLDGS 5,669 5,669
ORACLE CORP 5,842 5,842
RTX CORPORATION 6,294 6,294
STATE STREET CORP 7,195 7,195
THERMO FISHER SCIENTIFIC 6,051 6,051
US BANCORP 7,158 7,158
WELLS FARGO & CO DATED DATE 07/25/2023 BOOK 6,092 6,092
AMERICAN HONDA FINANC CORP SENIOR UNSECURED DA DATE 10/04/2023 BOOK ENTRY 16,667 16,667
AMGEN INC SENIOR UNSECURED DATED D 03/02/2023 BOOK ENTRY ONLY 16,149 16,149
BANK AMERICA FUNDING CORP MEDIUM TERM NOTES DATED DATE 02/07/2019 BOOK ENTRY 17,250 17,250
BOEING CO SENIOR UNSECURED DATED DATE 02/04/2021 BOOK ENTRY ONLY 17,456 17,456
CITIGROUP INC DATED DATE 01/10/2017 BOOK 16,664 16,664
CROWN CASTLE INTL CORP NEW SR UNSECURED DATED DATE 06/29/2021 BOOK ENTRY ONL 16,843 16,843
CVS HEALTH CORP SENIOR UNSECURED NOTES DATED DATE 06/02/2023 BOOK 16,297 16,297
ENERGY TRANSFER L P SR GLBL NT 33 DATED DATE 10/13/2023 BOOK ENTRY ONLY 17,032 17,032
GOLDMAN SACHS GROUP INC DATED DATE 04/23/2018 BOOK 26,271 26,271
INTUIT INC SENIOR UNSECURED DATED DATE 09/15/2023 BOOK ENTRY ONLY 16,032 16,032
MICRON TECHNOLOGY INC DATED DATE 07/12/2019 BOOK ENTRY ONLY ORIGINAL ISSUE 16,759 16,759
MORGAN STANLEY DATED DATE 03/30/2020 BOOK 16,719 16,719
ORACLE CORP SENIOR UNSECURED DATED DATE 02/06/2023 BOOK ENTRY ONLY 16,552 16,552
PNC FINL SVCS GROUP INC DATED DATE 10/20/2023 BOOK 15,454 15,454
RTX CORPORATION SENIOR UNSECURED NOTE DATED DATE 11/08/2023 BOOK ENTRY 16,784 16,784
STATE STREET CORP DATED DATE 11/21/2023 BOOK 16,445 16,445
T MOBILE USA INC DATED DATE 04/15/2021 BOOK 16,938 16,938
THERMO FISHER SCIENTIFIC SENIOR UNSECURED NOTE DATED DATE 12/04/2023 BOOK EN 17,144 17,144
U S BANCORP DATED DATE 06/12/2023 BOOK 16,361 16,361
VANGUARD SCOTTSDALE FUNDS VANGUARD SHORT TERM TREASURY ETF EST YIELD: 4.18% 87,270 87,270

TY 2024 InvestmentsCorpStockSchedule
Name:
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
EIN:
95-4560243
Name of Stock End of Year Book Value End of Year Fair Market Value
VANGUARD CASH RESERVES FEDERAL MONEY MARKET FUND ADMIRAL SHARES 2,757,554 2,757,554
ABBOTT LABORATORIES 13,347 13,347
ABBVIE INC 20,969 20,969
AMEREN CORP 10,251 10,251
APPLE INC 13,272 13,272
BANK OF AMERICA CORP 15,382 15,382
BLACKROCK INC 13,326 13,326
BLACKSTONE INC 12,931 12,931
BROADCOM INC 27,821 27,821
CARDINAL HEALTH INC 21,170 21,170
CHEVRON CORPORATION 14,629 14,629
CISCO SYSTEMS INC 13,320 13,320
COCA COLA COMPANY 9,339 9,339
CONSTELLATION BRANDS INC 7,735 7,735
EATON CORPORATION PLC 13,275 13,275
ELI LILLY & CO 17,756 17,756
ENTERGY CORP NEW 12,889 12,889
EXXON MOBIL CORP 14,307 14,307
FASTENAL CO 10,067 10,067
GOLDMAN SACHS GROUP INC 8,589 8,589
HOME DEPOT INC 12,837 12,837
HONEYWELL INTL INC 18,071 18,071
INTERNATIONAL BUSINESS 16,487 16,487
INTUIT INC 6,285 6,285
ISHARES TRUST 74,474 74,474
KENVUE INC 8,006 8,006
LINDE PLC 17,584 17,584
LOCKHEED MARTIN CORP 9,233 9,233
MCDONALDS CORP 13,045 13,045
MEDTRONIC PLC 8,228 8,228
MERCK & CO INC 20,194 20,194
METLIFE INC 10,890 10,890
MICROCHIP TECHNOLOGY INC 573 573
MICROSOFT CORP 35,827 35,827
MORGAN STANLEY 13,829 13,829
ONEOK INC 5,120 5,120
PHILLIPS 66 3,532 3,532
PROCTER & GAMBLE CO 14,250 14,250
REPUBLIC SERVICES INC 12,071 12,071
SYSCO CORP 9,175 9,175
TAPESTRY INC 9,146 9,146
TARGET CORP 10,139 10,139
TEXAS INSTRUMENTS 10,876 10,876
UNION PACIFIC CORP 11,402 11,402
US BANCORP DEL 7,175 7,175
VERIZON COMMUNICATIONS 13,397 13,397
WATSCO INC 14,217 14,217
WILLIAMS COMPANIES INC 5,737 5,737
WISDOMTREE TRUST 30,853 30,853
YUM BRANDS INC 6,440 6,440
ABBVIE INC 15,993 15,993
ALPHABET INC 42,849 42,849
AMAZON.COM INC 49,363 49,363
ANALOG DEVICES INC 17,847 17,847
APPLE INC 65,109 65,109
ARISTA NETWORKS INC 17,132 17,132
BANK OF AMERICA CORP 11,427 11,427
BERKSHIRE HATHAWAY INC 13,598 13,598
BOOKING HOLDINGS INC 29,811 29,811
BROADCOM INC 24,343 24,343
CHUBB LTD 16,578 16,578
CINTAS CORP 25,578 25,578
CORTEVA INC 17,942 17,942
COSTCO WHOLESALE CORP-NEW 23,823 23,823
DANAHER CORPORATION 11,478 11,478
EATON CORPORATION PLC 15,930 15,930
ELI LILLY & CO 19,300 19,300
ENTERGY CORP NEW 11,752 11,752
EXXON MOBIL CORP 15,920 15,920
FORTIVE CORPORATION 6,075 6,075
HESS CORPORATION 12,636 12,636
HOME DEPOT INC 13,615 13,615
IDEXX LABORATORIES CORP 7,855 7,855
INTERCONTINENTAL EXCHANGE 20,116 20,116
INTUITIVE SURGICAL INC 24,010 24,010
ISHARES TR 8,620 8,620
JOHCM FDS TR 45,660 45,660
KKR & CO INC 24,405 24,405
LINDE PLC 17,165 17,165
MCKESSON CORP 18,807 18,807
META PLATFORMS INC 38,058 38,058
MICROSOFT CORP 77,978 77,978
MORGAN STANLEY 19,487 19,487
NVIDIA CORP 80,574 80,574
PALO ALTO NETWORKS INC 20,016 20,016
PARKER HANNIFIN CORP 28,621 28,621
PEPSICO INC 20,376 20,376
PHILLIPS 66 14,355 14,355
PROGRESSIVE CORP-OHIO 15,575 15,575
QUANTA SERVICES INC 23,704 23,704
ROPER TECHNOLOGIES INC 12,996 12,996
SERVICENOW INC 25,443 25,443
TJX COMPANIES INC NEW 20,538 20,538
UNION PACIFIC CORP 20,524 20,524
UNITEDHEALTH GROUP INC 30,352 30,352
VANGUARD FTSE DEVELOPED 75,651 75,651
VANGUARD FTSE EMERGING 50,646 50,646
VERTIV HOLDINGS LLC 13,747 13,747
VISA INC 23,703 23,703
WELLS FARGO & CO 18,614 18,614
JPMORGAN CHASE & CO 65,920 65,920

TY 2024 InvestmentsGovtObligationsSch
Name:
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
EIN:
95-4560243
US Government Securities - End of Year Book Value:

755,657
US Government Securities - End of Year Fair Market Value:

755,657
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsOtherSchedule2
Name:
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
EIN:
95-4560243
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ANNALY CAPITAL FMV 4,978 4,978
EQUINIX INC FMV 8,486 8,486
IRON MOUNTAIN FMV 7,253 7,253
J P MORGAN FMV 282 282
EQUINIX INC FMV 14,143 14,143
PROLOGIS INC FMV 21,140 21,140

TY 2024 LandEtcSchedule2
Name:
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
EIN:
95-4560243
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
EQUIPMENT 2,196 0 2,196 2,196
SOFTWARE 169 0 169 169


TY 2024 LegalFeesSchedule
Name:
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
EIN:
95-4560243
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES MANAGEMENT AND GENERAL 1,314,150 0 0 1,314,150


TY 2024 OtherDecreasesSchedule
Name:
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
EIN:
95-4560243
Description Amount
UNREALIZED LOSS ON INVESTMENTS 497,167


TY 2024 OtherExpensesSchedule
Name:
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
EIN:
95-4560243
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK CHARGES 2,468 0 0 2,468
CHARITABLE PROMOTION 57,603 0 0 57,603
DUES AND FEES 22,186 0 0 22,186
GSD PROGRAM EXPENSES 32,464 0 0 32,464
INFORMATION TECHNOLOGY 15,926 0 0 15,926
INSURANCE 140,265 0 0 140,265
MISCELLANEOUS 11,591 0 0 11,591
OFFICE EXPENSE 278 0 0 278
POSTAGE AND SHIPPING 1,068 0 0 1,068
SIDEWINDER FILM, LLC 137,549 0 0 137,549
SIDEWINDER II FILM, LLC 1,830 0 0 1,830
SIDEWINDER III FILM, LLC 13,025 0 0 13,025
SIDEWINDER V FILM, LLC 711,750 0 0 711,750
SIDEWINDER VI FILM, LLC 41,046 0 0 41,046
STORAGE EXPENSE 1,544 0 0 1,544
SURVIVOR NETWORK ,LLC 1,830 0 0 1,830
WATERMAN EDUCATION PROGRAM 3,516 0 0 3,516
WORKING MEALS 1,842 0 0 1,842


TY 2024 OtherIncomeSchedule2
Name:
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
EIN:
95-4560243
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTY INCOME 5,717 5,717 5,717
FILM DISTRIBUTIONS 2,347   2,347


TY 2024 OtherProfessionalFeesSchedule
Name:
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
EIN:
95-4560243
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSE 55,644 55,644 0 0
CONTRACT SERVICES 13,964 0 0 13,964


TY 2024 TaxesSchedule
Name:
FOUNDATION FOR GLOBAL SPORTS DEVELOPMENT
EIN:
95-4560243
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 11,000 0 0 0