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
C3INITIATIVE
DBA STELO
Number and street (or P.O. box number if mail is not delivered to street address)412 NW 8TH AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PORTLAND, OR97209
A Employer identification number

46-0846415
B Telephone number (see instructions)

(971) 267-2340
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$12,791,164J 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) 1,197
2 Check right arrow.............
3 Interest on savings and temporary cash investments 12 12 12
4 Dividends and interest from securities... 292,223 296,243 296,243
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -197,859
b Gross sales price for all assets on line 6a 2,959,656
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
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
5,060 459 5,060
12 Total. Add lines 1 through 11........ 100,633 296,714 301,315
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 61,020 0 5,492 55,528
14 Other employee salaries and wages...... 161,664 0 0 161,664
15 Pension plans, employee benefits....... 42,229 0 1,166 41,063
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
70 0 0 70
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
25,699 10,280 0 15,419
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
130,305 35,133 0 94,829
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
5,789 789 789 5,000
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
63,287 0 0
20 Occupancy.............. 72,450 0 7,245 65,205
21 Travel, conferences, and meetings....... 7,021 0 0 7,021
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
48,206 6,748 822 41,863
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 617,740 52,950 15,514 487,662
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 617,740 52,950 15,514 487,662
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -517,107
b Net investment income (if negative, enter -0-) 243,764
c Adjusted net income (if negative, enter -0-)... 285,801
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............. 374,871 20,930 20,930
2 Savings and temporary cash investments......... 173,080 227,165 227,165
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) 345,551 0 0
b Investments—corporate stock (attach schedule)....... 5,832,121 Click to see attachment
List of Attached Documents:
// Content
7,240,134 		11,001,787
c Investments—corporate bonds (attach schedule)....... 1,513,406 Click to see attachment
List of Attached Documents:
// Content
296,786 		300,836
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow1,580,298
Less: accumulated depreciation (attach schedule) right arrow339,852 1,303,732 Click to see attachment
List of Attached Documents:
// Content
1,240,446 		1,240,446
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,542,761 9,025,461 12,791,164
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) Click to see attachment
List of Attached Documents:
// Content
624 		Click to see attachment
List of Attached Documents:
// Content
431
23 Total liabilities (add lines 17 through 22)......... 624 431
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........ 9,542,137 9,025,030
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 9,542,137 9,025,030
30 Total liabilities and net assets/fund balances (see instructions). 9,542,761 9,025,461
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
9,542,137
2
Enter amount from Part I, line 27a .....................
2
-517,107
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
9,025,030
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,025,030
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 PUBLICLY TRADED SECURITIES      
c CAPITAL GAINS DIVIDENDS P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 730,713   914,176 -183,463
b 2,228,935   2,205,849 23,086
c 8     8
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       -183,463
b       23,086
c       8
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 -160,369
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 -183,463
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 3,388
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 3,388
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 3,388
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 6,383
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 6,383
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 2,995
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow2,995 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 arrowOR
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.C3INITIATIVE.ORG
14
The books are in care ofright arrowSTACEY GRISANTI Telephone no.right arrow (971) 267-2340

Located atright arrow412 NW 8TH AVEPORTLANDOR ZIP+4right arrow97209
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
SHIR LY CAMIN GRISANTI PRESIDENT
40.00 		52,442 8,578 0
412 NW 8TH AVE
PORTLAND,OR97209
LAURENCE GRISANTI SECRETARY
3.00 		0 0 0
412 NW 8TH AVE
PORTLAND,OR97209
ANTHONY GRISANTI TREASURER
0.10 		0 0 0
412 NW 8TH AVE
PORTLAND,OR97209
MONICA CAMIN DIRECTOR
0.10 		0 0 0
412 NW 8TH AVE
PORTLAND,OR97209
CARLOS CAMIN DIRECTOR
0.10 		0 0 0
412 NW 8TH AVE
PORTLAND,OR97209
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
NONE
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
NONE
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 PUBLIC PROGRAMS - TENDER PATHS: CELEBRATING PAPER + PRINT EXHIBITION PRESENTS WORK FROM 8 ARTISTS WHO PARTICIPATED IN STELO'S 2022'23 TECHNICAL RESIDENCIES.DE-CANON ANTHOLOGY: A MOUTH HOLDS MANY THINGS EXHIBITION AND BOOK RELEASE. A GROUP ART EXHIBITION OF HYBRID-LITERARY WORKS FEATURING VISUAL-TEXTUAL ARTWORKS BY 12 ARTISTS.PNCA PRINT MEDIA MFA EXHIBITION: EXHIBITION OF PNCA PRINT MEDIA 2024 MFA GRADUATES.THE BIRTH OF CASCADIA IS AN EXHIBITION THAT WILL BE PRESENTED IN PARTNERSHIP WITH OREGON ORIGINS PROJECT. THE EXHIBITION FEATURES WORK BY 10 ARTISTS INVITED TO RESPOND TO A PIVOTAL MOMENT IN THE STATE'S ANCIENT HISTORY.LOVE, OREGON WEEKEND GATHERING AND CAMPOUT PRESENTS A CELEBRATION HONORING THE TRUE ESSENCE OF OUR INCREDIBLE STATE. A DAY IN THE FOREST: FOR OUR OCEANS WAS A GATHERING THAT FEATURED LOCAL MUSIC AND ART, AND PRESENTED TO BROADEN SUPPORT FOR THE WORK OF THE SEA SHEPHERD CONSERVATION SOCIETY, AN ORGANIZATION DEDICATED TO PROTECT MARINE WILDLIFE. 194,255
2 RESIDENCIES -RESIDENCY WITH LUCY COTTER TO SUPPORT A PUBLICATION AND PUBLIC PROGRAM SERIES. THE EXPANDED SECOND EDITION OF "RECLAIMING ARTISTIC RESEARCH" EXPLORES ARTISTIC RESEARCH IN DIALOGUE WITH 24 ARTISTS WORLDWIDE. THE PUBLIC PROGRAM SERIES "ARTISTIC RESEARCH IN A WORLD" ON FIRE EXPANDS ON THEMES AND DIALOGUES PRESENTED IN THE PUBLICATION.CAMP COLTON RESIDENCIES: WE ARE EXPANDING OUR PRESENCE IN RURAL OREGON THROUGH RESIDENCY PROGRAMS PRESENTED AT CAMP COLTON. IN ADDITION TO WELCOMING ARTISTS, CURATORS AND CULTURAL PRACTITIONERS THROUGH EVOLVING OFFERINGS, WE PILOTED A MENTAL HEALTH STABILIZATION RESIDENCY, AND HAVE BEEN ACTIVELY ENGAGING IN ENVIRONMENTAL JUSTICE WORK.THE PUBLICATION "UNFOLDING" FEATURES SIX YEARS OF OUR TECHNICAL RESIDENCY IN PAPERMAKING, PRESENTED IN PARTNERSHIP WITH PULP + DECKLE PAPERMAKING STUDIO. THE GALLERY RESIDENCY WAS DESIGNED TO SUPPORT LOCAL ARTISTS BY PROVIDING FREE ACCESS TO OUR DOWNTOWN GALLERY AND EXIBLE-USE SPACE. 171,004
3 PLACEMAKING + COMMUNITY BUILDING - IN AN EFFORT TO OFFER MORE PROGRAMS IN AND FOR RURAL COMMUNITIES, WE HAVE BEEN ORGANIZING MORE OPEN PARK DAYS AND ALSO EXPANDING ON OUR EXISTING STUDIO FACILITIES. IN 2024 WE STARTED THE BUILDOUT OF A NEW TEXTILE AND FIBERS STUDIO.STELO HAS A GROWING ART AND PUBLICATION COLLECTION. WE PURCHASE ARTWORK FROM ARTISTS PARTICIPATING IN THE SPACE TO SHARE PROGRAM WITH THE GOAL OF SUPPORTING ARTISTS AND MAKING ART AND ART BOOKS MORE WIDELY AVAILABLE TO THE PUBLIC. THESE COLLECTIONS INVITE VISITORS TO ENGAGE IN OUR RESOURCE ROOM THROUGH THE MUTABLE LIBRARY, AND WELCOME GUESTS IN SPACES INFUSED WITH THE ENERGY OF CREATIVES WE SERVE. 93,890
4 SPACE TO SHARE -OUR SPACE TO SHARE (S2S) PROGRAM OPERATES FROM BOTH OUR DOWNTOWN URBAN GALLERY/EX SPACE IN PORTLAND, OR AND FROM OUR RURAL CAMPUS AT CAMP COLTON IN COLTON, OR. IT IS AN INITIATIVE THAT EMBODIES OUR COMMITMENT TO RESOURCE SHARING BY MAKING OUR SPACES ACCESSIBLE TO MISSION-ALIGNED ORGANIZATIONS, COMMUNITIES, AND INDIVIDUALS WITH MINIMAL OVERSIGHT AND SUPPORT. BY OFFERING OUR FACILITIES DURING UNRESERVED TIMES ON OUR CALENDAR, WE AIM TO CREATE OPPORTUNITIES FOR SUPPORTIVE AND RESTORATIVE EXPERIENCES THAT BUILD CAPACITY, AND FOSTER CONNECTION, COLLABORATION, AND HEALING. IN 2024, S2S WAS ABLE TO SUPPORT THE FOLLOWING LOCAL ORGANIZATIONS: PACIC NORTHWEST COLLEGE OF ART, ADAMS AND OLLMAN, OREGON CONTEMPORARY, PORTLAND INSTITUTE FOR CONTEMPORARY ART, MULLOWNEY PRINTING COMPANY, GATHER:MAKE:SHELTER, CO/LAB PDX. 46,135
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
10,550,507
b
Average of monthly cash balances.......................
1b
245,708
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
10,796,215
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
10,796,215
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
161,943
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
10,634,272
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
531,714
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
487,662
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
487,662
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
2012-05-31
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
285,801 285,566 210,482 353,424 1,135,273
b 85% (0.85) of line 2a ......... 242,931 242,731 178,910 300,410 964,982
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		487,662 498,890 504,527 583,707 2,074,786
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		0 0 0 0 0
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		487,662 498,890 504,527 583,707 2,074,786
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 .. 		354,476 293,721 300,961 379,547 1,328,705
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).)
SHIR LY CAMIN GRISANTI
LAURENCE GRISANTI
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
Total .................................right arrow 3a 0
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 12  
4 Dividends and interest from securities ....     14 292,223  
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 .....     14 459  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -197,859  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aSTUDIO RENT 		        4,601
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 94,835 4,601
13Total. Add line 12, columns (b), (d), and (e)..................
13
99,436
(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.)
11A BELOW-MARKET-RATE RENTAL FOR ARTISTS AT STELO
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:
C3INITIATIVE
 
DBA STELO
EIN:
46-0846415
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 25,699 10,280 0 15,419

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

TY 2024 DepreciationSchedule
Name:
C3INITIATIVE
 
DBA STELO
EIN:
46-0846415
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
COMPUTERS (2) 2015-08-14 5,026 4,606 SL 5.000000000000 0 0 0  
TINY HOUSE 2016-12-21 53,000 13,569 SL 27.500000000000 1,927 0 1,927  
PRINTING PRESS 2018-01-10 24,720 21,186 SL 7.000000000000 3,531 0 3,531  
PRINTING PRESS ADDITION 2019-03-04 1,182 817 SL 7.000000000000 169 0 169  
BUILDING C3 PDX LLC 2019-03-19 1,046,896 180,828 SL 27.500000000000 38,069 0 38,069  
C3 PDX STUDIO APARTMENTS 2020-08-24 346,488 42,000 SL 27.500000000000 12,600 0 12,600  
BUILDING C3 PDX LLC ADDITION 2020-01-02 14,370 2,092 SL 27.500000000000 523 0 523  
MOBILE WALLS 2021-11-17 5,502 1,638 SL 7.000000000000 786 0 786  
BUILDING C3 PDX LLC IMPROVEMENTS 2021-11-10 62,009 4,886 SL 27.500000000000 2,255 0 2,255  
CLUB CAR STELO CAMP COLTON 2022-08-02 16,255 4,606 SL 5.000000000000 3,251 0 3,251  
UNIT 203 FURNACE REPLACEMENT 2022-02-03 4,850 338 SL 27.500000000000 176 0 176  

TY 2024 InvestmentsCorpBondsSchedule
Name:
C3INITIATIVE
 
DBA STELO
EIN:
46-0846415
Name of Bond End of Year Book Value End of Year Fair Market Value
BANK AMERICA CORP 195,878 199,900
WENDYS INTL INC 100,908 100,936

TY 2024 InvestmentsCorpStockSchedule
Name:
C3INITIATIVE
 
DBA STELO
EIN:
46-0846415
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 7,974 8,483
ABBVIE INC 9,570 9,951
ABERCROMBIE & FITCH COMPANY 1,842 1,943
ACCENTURE PLC 13,210 16,886
ACCOR SA 3,271 3,643
ADOBE INC 5,890 5,336
ADTALEM GLOBAL EDUCATION INC 530 636
ADVANCED MICRO DEVICE INC 6,141 6,764
ADYEN UNSPON 50 ADR REP 515 469
AFLAC INC 2,704 4,138
ALLSTATE CORP 769 771
ALNYLAM PHARMACEUTICALS 1,340 1,647
ALPHABET INC 88,986 294,551
AMALGAMATED FINANCIAL CORP 5,641 5,824
AMAZON.COM INC 136,195 355,631
AMEDISYS INC 5,444 5,084
AMERICAN EAGLE OUTFITTERS INC 746 617
AMERICAN PUBLIC EDUCATION INC 488 690
AMERICAN TOWER CORP 4,377 3,852
AMERICAN WATER WORKS CO INC 36,348 34,733
AMGEN INC 1,692 1,303
ANALOG DEVICES INC 4,069 3,824
APPFOLIO INC 2,493 3,207
APPLE INC 263,257 915,285
APPLIED MATERIALS INC 3,976 3,903
ARISTA NETWORKS INC 4,678 5,748
ARTICURE INC 1,985 2,078
ASML HOLDING NV 133,814 141,388
ASTELLAS PHARMA INC 4,179 3,255
AURORA INNOVATION INC 468 605
AUTO TRADER GROUP PLC 9,838 8,288
AUTODESK INC 6,267 8,276
AUTOMATIC DATA PROCESSING INC 5,809 6,147
AVIDITY BIOSCIENCES INC 487 320
AXA SA 15,368 13,520
AXON ENTERPRISE INC 3,530 9,509
BALL CORP 2,267 2,260
BANK OF AMERICA CORPORATION 1,817 1,978
BANK OF NEW YORK MELLON CORP 6,970 7,453
BEAM COMMUNICATIONS 522 322
BEL FUSE INC 86,049 142,597
BELLRING BRANDS ORD 1,564 1,959
BERRY CORP 1,313 748
BEST BUY CO INC 7,089 8,237
BIOMARIN PHARMACEUTICAL INC 2,057 1,906
BLACKLINE INC 2,488 2,734
BLACKROCK FDG INC 59,972 125,063
BLUE OWL CAPITAL CORP 365,623 410,070
BOOKING HOLDINGS INC 3,562 4,968
BOOZ ALLEN HAMILTON HOLDING CORP 1,262 1,416
BRIGHT HORIZON FAMILY SOLUTION 476 665
BRISTOL-MYERS SQUIBB COMPANY 591 679
BROADCOM INC 128,363 507,730
BROADCOM LTD 15,432 36,399
BROOKDALE SR LIVING INC 2,344 1,720
BUMBLE INC 15,836 8,873
CADENCE DESIGN 144,407 234,659
CAMECO CORP 182,665 183,514
CANADIAN NATIONAL RAILWAY CO 18,615 14,820
CAPRI HOLDINGS LTD 524 211
CARDINAL HEALTH INC 5,802 7,806
CARETRUST REIT INC 13,053 12,335
CASEYS GEN STORES 4,662 5,547
CATERPILLAR INC 2,018 2,177
CAVA GROUP INC 67,689 191,196
CBOE GLOBAL MARKETS INC 2,488 2,345
CDW CORP 4,120 3,481
CELLNEX TELECOM SA 2,688 2,183
CHIPOTLE MEXICAN GRILL INC 2,992 3,136
CISCO SYSTEMS INC 10,355 11,958
CITIGROUP INC 225,820 218,476
CLOUDFARE INC 2,965 3,876
CNH INDUSTRIAL N V 160,062 153,895
COCA-COLA CONSOLIDATED 138,255 246,958
COMPAGNIE DE SAINT-GOBAIN 2,569 2,426
CONSTELLATION ENERGY 88,507 347,422
COREBRIDGE FINANCIAL INC 2,284 2,454
CSL LTD 13,366 11,821
CUMMINS INC 2,177 3,486
CUSHMAN & WAKEFIELD PLC 3,531 3,362
CVS HEALTH CORP 2,445 1,930
DR HORTON INC 1,357 979
DADA NEXUS LTD 2,122 1,563
DAIWA SECURITIES GROUP INC 5,633 5,176
DASSAULT SYSTEMES SA ADR 7,222 6,165
DEERE & CO 321 847
DEVRY INC 3,905 1,844
DIAGEO PLC 18,052 15,510
DIGIMARC CORPORATION 507 674
DISCOVER FINANCIAL SERVICES 211,357 205,773
DNB BK SPONSORED REPRESENTING 2,296 2,249
DOCUSIGN INC 186,577 200,296
DOLLAR TREE INC 4,684 2,923
DOXIMITY INC 1,168 2,509
DYNEX CAPITAL INC NEW REIT 2,533 2,467
EATON CORP PLC 144,885 219,698
ELDORADO GOLD CORP 1,016 1,413
ELEVANCE HEALTH INC 11,467 9,223
ELF AQUITAINE ADR 166 879
ELI LILLY AND CO 15,353 25,476
EQUINIX INC 2,208 2,829
EQUITY RESIDENTIAL 844 789
ERSTE GROUP BANK AG 3,191 3,811
ESSEX PROPERTY TRUST INC 13,263 12,274
EVENTBRITE INC 1,418 1,663
EVOLENT HEALTH INC 855 315
EXPEDIA INC 719 932
EXPONENT INC 14,288 14,167
FACEBOOK INC 17,764 40,986
FIRST ADVANTAGE CORP 1,867 1,761
FOOT LOCKER INC 1,108 849
FULGENT GENETICS INC 488 406
GALP ENERGIA SGPS 2,618 2,708
GAOTU TECHEDU INC 483 381
GE AEROSPACE 1,579 3,669
GE VERNOVA LLC 539 2,303
GENERAL MOTORS CO 7,890 9,535
GITLAB INC 521 564
GLOBAL X DOW 30 COVERED CALL 85,410 93,402
GLOBAL X NASDAQ 100 COVERED CALL 333,913 364,400
GLOBAL X RUSSEL 2000 COVERED CALL 80,530 73,514
GLOBAL X S&P 500 COVERED CALL 80,149 89,750
GLOBE LIFE INC 1,893 1,896
GRAND CANYON EDUCATION INC 3,818 4,423
GRANITE CONSTRUCTION INC 486 526
H WORLD GROUP LIMITED 507 562
H&R BLOCK INC 1,032 1,110
HALOZYME THERAPEUTIC 3,765 5,307
HANG SENG BANK SPONSORED ADR 28,836 30,000
HELEN OF TROY LTD 612 598
HEWLETT PACKARD ENTERPRISE CO 4,130 5,444
HILLENBRAND INC 802 893
HILTON WORLDWIDE HLD 4,425 6,673
HOLOGIC INC 13,746 13,192
HON INDUSTRIES INC 2,269 2,166
HP INC 8,303 8,190
HSBC HOLDINGS PLC ADR 1,061 1,187
HUBSPOT INC 1,014 1,394
INDUSTRIA DE DISENO TEXTIL 3,578 3,673
INGRESOLL-RAND PLC 2,056 1,900
INTEGRAL AD SCIENCE HOLDING CORP 1,529 1,409
INTEL CORP 6,615 3,729
INTERCONTINENTAL EXCHANGE INC 30,999 39,339
INTUITIVE SURGICAL INC 4,864 6,264
JD.COM INC 531 797
JOHNSON & JOHNSON 28,462 25,019
JPMORGAN CHASE & CO 27,355 41,470
JPMORGAN EQUITY PREMIUM INCOME ETF 190,539 204,634
KB HOME 129,029 185,068
KEURIG DR PEPPER INC 600 514
KLA-TENCOR CORP 1,513 1,260
KONINKLIJKE AHOLD DELHAIZE NV ADR 6,192 5,931
KURA ONCOLOGY INC 2,334 958
LAM RESEARCH CORP 941 1,445
LA-Z-BOY INCORPORATED 7,276 7,320
LUCID GROUP ORD 479 420
LULULEMON ATHLETICA 5,108 6,119
MACQUIRE GROUP LTD 10,212 10,105
MANULIFE FINANCIAL CORP 3,269 4,177
MAPLEBEAR INC 4,404 4,391
MARATHON PETROLEUM CORP 5,736 4,883
MARKS & SPENCER GROUP PLC ADR 814 745
MARRIOT INTERNATIONAL INC 10,364 13,947
MASTERCARD INC 3,324 3,686
MATCH GROUP INC 1,097 949
MEDIAALPHA INC 708 452
MERCK & CO INC 23,587 20,692
MERCK & COMPANY INC NEW 129,095 109,726
MFA MORTGAGE INVESTMENTS REIT 2,715 2,109
MGP INGREDIENTS INC 677 315
MICRON TECHNOLOGY 4,898 6,817
MICROSOFT CORP 114,784 327,085
MINERAL RESOURCES LTD 788 678
MINTH GROUP LTD 2,197 2,225
MORNINGSTAR INC 2,422 3,704
MOTOROLA SOLUTIONS INC 2,208 2,311
MUELLER INDUSTRIES INC 104,297 158,720
NATIONAL AUSTRAILIA BANK LTD 9,884 9,095
NAVTEQ CORP 5,901 6,543
NETEASE INC 2,539 2,052
NETFLIX INC 4,271 6,239
NETGEAR INC 1,130 1,533
NEWMONT CORP 797 856
NIKE INC 516 454
NIKOLA CORP 95,581 158
NIPPON TELEGRAPH & TELEPHONE CORP 3,941 3,620
NIVIDIA CORP 145,110 402,870
NOVANTA INC 471 458
NOVO NORDISK 5,353 3,699
NUCOR CORP 666 467
NVENT ELECTRIC PLC 169,548 163,243
NVIDIA CORP 77,625 237,290
NXP SEMICONDUCTORS 2,735 2,910
OMNIAB INC 475 375
OMNICOM GROUP INC 19,866 19,961
ONEOK INC 3,396 3,614
ONTO INNOVATION INC 4,966 4,833
ORACLE CORP 6,964 7,665
ORGANON & CO 6,273 4,849
ORIC PHARMACEUTICALS 512 363
OTIS WORLDWIDE 7,007 7,224
PACTIV EVERGREEN INC 490 699
PAGERDUTY INC 2,454 2,465
PALANTIR TECHNOLOGIES INC 875 1,815
PALO ALTO NETWORKS 5,107 6,551
PAN AMERICAN SILVER CORP 829 789
PANDORA 739 791
PARAMOUNT GLOBAL 19,066 20,048
PARKER HANNIFIN CORP 12,923 17,173
PATTERSON ENERGY INC 2,461 2,263
PEARSON PLC 6,489 7,705
PENNYMAC MORTGAGE INVESTMENT 3,937 3,462
PERNOD RICARD 2,176 1,439
PETMED EXPRESS INC 483 636
PHILLIPS 66 6,431 6,722
PLANET FITNESS INC 1,674 1,977
PLANET LABS 814 1,600
PORTLAND GENERAL ELECTRIC 10,420 9,553
PROCORE TECHNOLOGIES INC 588 674
PROGRESSIVE CO 7,593 15,095
PROSHARES TRUST S&P 500 DIV ARISTOCRATS 310,765 339,665
PRUDENTIAL FINANCIAL INC 2,772 3,082
PULTEGROUP INC 128,620 265,934
Q2 HOLDINGS INC 571 705
QUALCOMM INC 5,656 5,223
RADIUS RECYCLING INC 2,451 2,116
RAPT THERAPUTICS INC 526 92
RECRUIT CO LTD 411 685
RENESAS ELECTRONICS CORP 506 430
REV GROUP INC 1,901 2,167
REVOLUTION MEDICINES INC 500 481
REVOLVE GROUP 1,805 2,378
REYNOLDS CONSUMER PRODUCTS 10,371 10,175
ROCKWELL AUTOMATION INC 131,349 142,895
ROOT INC 510 944
ROPER TECHNOLOGIES 3,031 3,639
RYANAIR HOLDINGS PLC 2,174 1,744
S&P GLOBAL INC 7,590 8,467
SAFRAN SA 2,657 2,453
SALESFORCE.COM INC 4,344 4,681
SALLY BEAUTY HOLDINGS INC 651 512
SAMSARA INC 1,800 1,617
SECTOR HEALTHCARE SELECT SECTOR SPDR 51,771 98,087
SECTOR TECHNOLOGY SELECT SECTOR SPDR 46,317 225,544
SERVICENOW INC 7,694 10,601
SEVERN TRENT PLC 2,053 2,033
SHERWIN-WILLIAMS CO 11,917 11,558
SHIFT4 PAYMENTS INC 187,341 187,634
SHOPIFY INC 2,046 2,765
SJW CORPORATION 4,282 3,593
SOLVENTUM CORP 2,197 2,048
SONY GROUP CORP 2,469 2,962
SOUTHWEST GAS HOLDINGS 5,417 6,364
SPARK NEW ZEALAND LIMITED 8,117 6,027
SPS COMMERCE INC 719 736
SPX CORP 3,272 2,910
STANLEY BLACK AND DECKER INC 8,015 6,022
STATION CASINOS 7,184 7,061
STEELCASE INC 3,688 3,333
STRYKER CORP 16,415 16,202
SUMMIT DESIGNS INC 123 482
SUMMIT MATERIALS INC 7,746 9,665
SUNRUN INC 916 611
SUNTORY BEV & FOOD 5,149 4,961
SYNOPSYS INC 137,913 124,738
TALOS ENERGY INC 1,254 913
TARGA RESOURCES CORP 4,913 5,712
TAYLOR MORRISON HOME CORP 3,212 2,754
TECHNIPFMC PLC 5,783 8,508
TELSTRA GROUP 7,172 6,701
TERADYNE INC 643 630
TERNS PHARMA 1,257 693
TESLA INC 126,188 167,594
TETRA TECH INC 6,302 8,406
THE COOPER COMPANIES INC 4,647 4,780
THE HAIN CELESTIAL GROUP INC 1,697 1,365
THE KROGER CO 8,197 11,496
THE ODP CORP 499 387
THE TRADE DESK INC 3,335 5,641
THERMO FISHER SCIENTIFIC INC 4,296 3,642
TJX COMPANIES INC 16,427 22,591
TOTVS ADR REP 5,453 4,347
TRACTOR SUPPLY CO 2,478 2,388
TRUEBLUE INC 499 496
TRANE TECHNOLOGIES 7,952 13,666
TXNM ENERGY INC 1,634 1,868
UBER TECHNOLOGIES INC 2,387 3,559
ULTA BEAUTY INC 73,541 182,670
UNITED PARCEL SRVC 2,423 2,396
UNITEDHEALTH GROUP INC 8,304 8,094
UNIVERSAL DISPLAY CORP 628 439
UNIVERSAL HEALTH SERVICES INC 1,431 1,077
UNUM GROUP 9,075 12,269
VAIL RESORTS INC 1,773 1,500
VALERO ENERGY CORP 4,049 3,678
VERTEX PHARMACEUTICALS 11,047 9,665
VERTIV HOLDINGS LLC 170,218 264,370
VESTAS WIND SYSTEMS 747 426
VESTIS CORP 506 488
VICTORIA SECRET & CO 3,558 5,633
VISA INC 10,908 12,642
VITAL FARMS INC 1,578 1,809
VONOVIA SE ADR 2,083 1,761
VOYA FINL INC 3,489 3,373
W&T OFFSHORE INC 3,925 2,117
WALMART INC 25,405 73,997
WASTE CONNECTIONS INC 17,157 16,472
WELLS FARGO & CO 2,564 3,231
WERNER ENTERPRISES INC 14,655 14,081
WISDOMTREE INC 8,358 8,988
XOMETRY INC 1,672 3,754
XYLEM INC 674 580
YARA INTERNATIONAL 4,821 3,968
ZIPRECRUITER INC 2,347 1,767
ZOZO INC 2,067 1,780

TY 2024 LandEtcSchedule2
Name:
C3INITIATIVE
 
DBA STELO
EIN:
46-0846415
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
COMPUTERS (2) 5,026 4,606 420  
TINY HOUSE 53,000 15,496 37,504  
PRINTING PRESS 24,720 24,717 3  
PRINTING PRESS ADDITION 1,182 986 196  
BUILDING C3 PDX LLC 1,046,896 218,897 827,999  
C3 PDX STUDIO APARTMENTS 346,488 54,600 291,888  
BUILDING C3 PDX LLC ADDITION 14,370 2,615 11,755  
MOBILE WALLS 5,502 2,424 3,078  
BUILDING C3 PDX LLC IMPROVEMENTS 62,009 7,141 54,868  
CLUB CAR STELO CAMP COLTON 16,255 7,857 8,398  
UNIT 203 FURNACE REPLACEMENT 4,850 514 4,336  


TY 2024 LegalFeesSchedule
Name:
C3INITIATIVE
 
DBA STELO
EIN:
46-0846415
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 70 0 0 70


TY 2024 OtherExpensesSchedule
Name:
C3INITIATIVE
 
DBA STELO
EIN:
46-0846415
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BOOKS & SUBSCRIPTIONS 120 0 0 120
INSURANCE 8,215 0 822 7,393
MISCELLANEOUS 11,373 0 0 11,373
STATE FEES 1,424 0 0 1,424
MARKETING AND COMMUNICATIONS 1,746 0 0 1,746
BANK FEES 44 44 0 0
PRODUCTION EXPENSE 19,807 0 0 19,807
AMORTIZATION OF PREMIUMS/DISCOUNTS 5,477 6,704 0 0


TY 2024 OtherIncomeSchedule2
Name:
C3INITIATIVE
 
DBA STELO
EIN:
46-0846415
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 459 459 459
STUDIO RENT 4,601   4,601


TY 2024 OtherLiabilitiesSchedule
Name:
C3INITIATIVE
 
DBA STELO
EIN:
46-0846415
Description Beginning of Year - Book Value End of Year - Book Value
CREDIT CARDS PAYABLE 624 431


TY 2024 OtherProfessionalFeesSchedule
Name:
C3INITIATIVE
 
DBA STELO
EIN:
46-0846415
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING 1,500 0 0 1,500
INVESTMENT 35,476 35,133 0 0
PAYROLL 3,053 0 0 3,053
ARTIST 16,424 0 0 16,424
CURATORIAL 20,250 0 0 20,250
FACILITIES CONTRACTOR 300 0 0 300
ART HANDLERS 3,665 0 0 3,665
INSTRUCTOR 150 0 0 150
DOCUMENATION 2,435 0 0 2,435
COMMUNICATIONS CONTRACTOR 3,146 0 0 3,146
PUBLISHING 37,014 0 0 37,014
JURY FEES 100 0 0 100
WRITERS FEES 2,000 0 0 2,000
TRANSLATORS FEES 732 0 0 732
GRANT WRITER FEES 1,560 0 0 1,560
SPEAKER FEES 2,500 0 0 2,500


TY 2024 TaxesSchedule
Name:
C3INITIATIVE
 
DBA STELO
EIN:
46-0846415
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 5,000 0 0 5,000
FOREIGN TAXES 789 789 789 0