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
Chrest Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)130 E John Carpenter Freeway 460
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Irving, TX75062
A Employer identification number

75-2840026
B Telephone number (see instructions)

(972) 999-4518
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$37,771,876J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 874,349 837,378  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
735,504
b Gross sales price for all assets on line 6a 5,443,983
7 Capital gain net income (from Part IV, line 2)... 734,895
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
-1,031 23,369 0
12 Total. Add lines 1 through 11........ 1,608,822 1,595,642 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 92,973     92,973
15 Pension plans, employee benefits....... 18,517     18,517
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
299 0 0 299
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
12,222 6,111 0 6,111
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
225,020 166,855 0 58,165
17 Interest...............   8,322    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
53,212 26,277 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,112     1,112
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
95,310 59,172 0 27,815
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 498,665 266,737 0 204,992
25 Contributions, gifts, grants paid....... 1,355,000 1,705,000
26 Total expenses and disbursements. Add lines 24 and 25 1,853,665 266,737 0 1,909,992
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -244,843
b Net investment income (if negative, enter -0-) 1,328,905
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 451,452 110,869 110,869
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) right arrow0
Less: allowance for doubtful accounts right arrow0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 6,123,666 Click to see attachment
List of Attached Documents:
// Content
6,114,728 		6,114,728
b Investments—corporate stock (attach schedule)....... 22,042,330 Click to see attachment
List of Attached Documents:
// Content
23,612,392 		23,612,392
c Investments—corporate bonds (attach schedule)....... 0   0
11 Investments—land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 7,574,057 Click to see attachment
List of Attached Documents:
// Content
7,926,770 		7,926,770
14 Land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
7,117 		Click to see attachment
List of Attached Documents:
// Content
7,117
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 36,191,505 37,771,876 37,771,876
Liabilities 17 Accounts payable and accrued expenses.......... 4,565 0
18 Grants payable................. 350,000 0
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 354,565 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 35,836,940 37,771,876
29 Total net assets or fund balances (see instructions)..... 35,836,940 37,771,876
30 Total liabilities and net assets/fund balances (see instructions). 36,191,505 37,771,876
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
35,836,940
2
Enter amount from Part I, line 27a .....................
2
-244,843
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,179,779
4
Add lines 1, 2, and 3 ..........................
4
37,771,876
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
37,771,876
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 CAPITAL GAIN DISTRIBUTIONS      
c GAIN (LOSS) FROM INVESTMENTS      
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 5,444,497   4,727,558 716,939
b 1,411     1,411
c 16,545     16,545
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     0 716,939
b     0 1,411
c     0 16,545
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 2 734,895
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 18,472
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-) Click to see attachment
List of Attached Documents:
// Content
2 0
3 Add lines 1 and 2........................... 3 18,472
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 18,472
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 26,724
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 28,724
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 10,252
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow10,252 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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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 arrowCO, TX
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowwww.chrestfoundation.org
14
The books are in care ofright arrowJFO Group LLC Telephone no.right arrow (972) 999-4539

Located atright arrow130 E JOHN CARPENTER FWY STE 450IRVINGTX ZIP+4right arrow750622874
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)
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
Lou Anne King Jensen President
30.00 		0 0  
130 E John Carpenter Freeway
Suite 460
Irving,TX75062
Jeffrey J Jensen Vice President
1.00 		0 0  
130 E John Carpenter Freeway
Suite 460
Irving,TX75062
William B Jensen Treasurer
1.00 		0 0  
130 E John Carpenter Freeway
Suite 460
Irving,TX75062
Haley M Jensen Secretary
1.00 		0 0  
130 E John Carpenter Freeway
Suite 460
Irving,TX75062
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
Elizabeth Jensen Sr. Dir., Operations
40.00 		92,973 6,593  
130 E John Carpenter Freeway
Suite 460
Irving,TX75062
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
Citibank NA Investment Management 166,855
SORT 2230
New York,NY10043
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
37,279,641
b
Average of monthly cash balances.......................
1b
691,655
c
Fair market value of all other assets (see instructions)................
1c
7,117
d
Total (add lines 1a, b, and c).........................
1d
37,978,413
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
 
3
Subtract line 2 from line 1d.........................
3
37,978,413
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
569,676
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
37,408,737
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,870,437
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
1,870,437
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
18,472
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
18,472
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,851,965
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,851,965
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
1,851,965
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
1,909,992
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
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,909,992
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 1,851,965
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:2022, 2021, 2020 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 0
b From 2020...... 0
c From 2021...... 0
d From 2022...... 38,097
e From 2023...... 0
f Total of lines 3a through e ........ 38,097
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,909,992
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 1,851,965
e Remaining amount distributed out of corpus 58,027
5 Excess distributions carryover applied to 2024.   0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 96,124
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		96,124
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 38,097
d Excess from 2023.... 0
e Excess from 2024.... 58,027
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
Lou Anne King Jensen President
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.
NONE
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

Caf Momentum

1510 Pacific Ave
Dallas,TX752013505 		N/A PC Support to equip justice-involved youth with life skills, education, and employment opportunities in an effort to prevent recidivism. 50,000

Colorado Fourteeners Initiative

1526 Cole Blvd Ste 130
Lakewood,CO804013410 		N/A PC General support to protect Colorado's 14,000-foot peaks through stewardship and public education. 100,000

Conservation Colorado Education Fund

303 E 17th Ave Ste 400
Denver,CO802031289 		N/A PC Support to conserve and protect Colorado's public lands and open spaces. 60,000

Emergency Family Assistance Association

1575 Yarmouth
Boulder,CO803040000 		N/A PC Support for family resource center to meet immediate needs of the community and address issues of poverty. 10,000

Georgia Center for Opportunity

5051 Peachtree Corners Cir
Peachtree Corners,GA300922736 		N/A PC Support to raise awareness about the benefits of cognitive behavioral therapy programs for juvenile offenders in Georgia. 50,000

Glacier National Park Conservancy

PO Box 2749
Columbia Falls,MT599122749 		N/A PC Support to preserve Glacier National Park wilderness. 100,000

Lone Star Justice Alliance

3809 S 1st St
Austin,TX787047047 		N/A PC General support to address systemic issues in the criminal legal system through advocacy and evidence-based programs for youth. 100,000

Montana Wilderness Association Inc

80 S Warren St
Helena,MT596015700 		N/A PC General support to help protect 50% of Montana's public lands by 2050. 100,000

North Texas Public Broadcasting

3000 Harry Hines Blvd
Dallas,TX752012538 		N/A PC Investigative reporting on police pursuit policies, outcomes, and consequences with the goal of increasing police transparency. 40,000

Protect Our Winters

1919 14th St Ste 700
Boulder,CO803025310 		N/A PC General support to combat climate change. 100,000

Recidiviz Inc

1322 Webster St Ste 402
Oakland,CA946123218 		N/A PC Support for data platforms to help more justice-involved people safely transition back into their communities. 150,000

Rural Utah Project Education Fund DBA Stewardship Utah Foundation

68 E 2700 S
S Salt Lake,UT841153132 		N/A PC Support to advance pollution reduction strategies across Utah. 50,000

Southwest Energy Efficiency Project

2334 Broadway St Unit A Ste A
Boulder,CO803044140 		N/A PC Support to advance climate solutions for energy efficiency, electrification, and clean transportation across the Southwest. 50,000

Southern Methodist University

3140 Dyer St Ste 261
Dallas,TX752051977 		N/A PC Support to educate Mississippi policymakers and criminal justice stakeholders about the importance of constitutional rights of newly arrested people. 100,000

Texas Public Policy Foundation

901 Congress Ave
Austin,TX787012421 		N/A PC Promote accountability and rehabilitation in the criminal justice system. 100,000

Trust for Public Land

23 Geary St Ste 10
San Francisco,CA941085751 		N/A PC Support to increase greenspace in Colorado schoolyards and expand public access to after school hours. 100,000

Trust for Public Land

23 Geary St Ste 10
San Francisco,CA941085751 		N/A PC Support for land conservation and preservation across northwest Montana. 100,000

Turn 2 U Inc DBA The Last Mile

548 Market St
San Francisco,CA941045401 		N/A PC General support for justice-impacted individuals through in-prison education and technology training programs. 25,000

Urban Specialists Enterprises Inc

1401 S Lamar St
Dallas,TX752151812 		N/A PC General support for community programs to disrupt violence and poverty through local leadership. 10,000

Western Resource Advocates

2260 Baseline Rd Ste 200
Boulder,CO803027740 		N/A PC Accelerate the transition to clean energy in the Western portion of the United States. 100,000

Western Resource Advocates

2260 Baseline Rd Ste 200
Boulder,CO803027740 		N/A PC Accelerate the transition to clean energy in Arizona. 50,000

Wilderness Land Trust

PO Box 881
Helena,MT596240881 		N/A PC Support to protect and expand Colorado's wilderness areas through land acquisition for public ownership. 50,000

Whitefish Community Foundation

214 West 2nd St
Whitefish,MT599373062 		N/A PC General support to improve quality of life for the Whitefish community. 10,000

World Wildlife Fund Inc

1250 24th St NW
Washington,DC200371124 		N/A PC Conserve climate-protective grasslands in the Northern Great Plains. 100,000
Total .................................right arrow 3a 1,705,000
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 ........... 		         
4 Dividends and interest from securities ....     14 874,349  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 735,504  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aIncome from K-1 		    1 -1,031  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,608,822 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,608,822
(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: 24020961
Software Version: 2024v5.1


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
Chrest Foundation Inc
EIN:
75-2840026
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax Service Fees 12,222 6,111   6,111

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

TY 2024 ExpenditureResponsibilityStmt
Name:
Chrest Foundation Inc
EIN:
75-2840026
Software ID:
24020961
Software Version:
2024v5.1
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
Mezopotamya Egitim Bilim Sanat Saglik ve Kultur Vakfi
  		Urfa Yolu Uzeri 507 Sk Serhat
Plaza A Blok Kat 11 No 29
Kayapinar Diyarbakir   21070
TU 		2021-06-04 44,676 To produce Kurdish language teaching materials. 44,676 To the knowledge of the Foundation, no part of the Grant has been diverted. 12/07/21, 08/25/22, 03/13/23, 07/26/23, 03/20/24, 11/18/24, 03/12/25, 09/02/25 2025-09-02 The Chrest Foundation reviewed the reports submitted by the Grantee and participated in Zoom meetings in 2021, 2022, 2023, 2024, and 2025, but did not undertake any further verification of the Grantee's reports as there has not been any reason to doubt their accuracy or reliability.
And Gazetecilik Yayincilik Sanayi Ve Ticaret Anonim Sirketi
  		Harbiye Mah Cumhuriyet Cad Seyhan
Apt No 36 Kat 2 Daire 5 Elmadag
Sisli Istanbul   34360
TU 		2022-12-14 50,000 To produce non-partisan news. 50,000 To the knowledge of the Foundation, no part of the Grant has been diverted. 08/08/23, 01/15/24, 09/23/24 2024-09-23 The grant amount of $50,000 is comprised of payments of $25,000 (paid on 12/14/2022) and $25,000 (paid on 06/20/2023). The Chrest Foundation reviewed the reports submitted by the Grantee and participated in Zoom meetings in 2022 and 2023, but did not undertake any further verification of the Grantee's reports as there has not been any reason to doubt their accuracy or reliability.
CDR Arastirma Hizmetleri Limited Sirketi
  		Tomtom Mah Istiklal Cad
Turhol Han No189/3
Beyoglu Istanbul   34433
TU 		2022-12-12 46,680 To support a digital platform that delivers the daily parliamentary agenda to the public in an easy-to-understand format. 46,680 To the knowledge of the Foundation, no part of the Grant has been diverted. 07/11/23, 01/24/24 2024-01-24 The Chrest Foundation reviewed the reports submitted by the Grantee and participated in Zoom meetings in 2022 and 2023, but did not undertake any further verification of the Grantee's reports as there has not been any reason to doubt their accuracy or reliability.
Diyarbakir Kultur Ve Tabiat Varliklarini Koruma Dernegi Tuzugu
  		Yukari Kilictasi Mah Terkan Cad
6125 Sk Medler Sitesi No 29
Sur Diyarbakir   21200
TU 		2022-02-18 89,935 To support the development of a digital archive of the history, architecture, and socio-cultural life in Sur and Diyarbakir. 89,935 To the knowledge of the Foundation, no part of the Grant has been diverted. 09/19/22, 04/03/23, 09/13/23, 02/15/24, 11/18/24 2024-11-18 The grant amount of $89,935 is comprised of payments of $44,968 (paid on 02/18/2022) and $44,967 (paid on 02/01/2023). The Chrest Foundation reviewed the reports submitted by the Grantee and participated in Zoom meetings in 2022 and 2023, but did not undertake any further verification of the Grantee's reports as there has not been any reason to doubt their accuracy or reliability.
Hakikat Adalet ve Hafiza Calismalari Dernegi
  		Omer Avni Mah Inonu Cad No 14
Akar Palas Kat 1
Gumussuyu Istanbul   34427
TU 		2022-05-17 61,100 To promote critical thinking and awareness of the past among youth. 61,100 To the knowledge of the Foundation, no part of the Grant has been diverted. 01/25/23, 07/24/23, 01/23/24 2024-01-23 The Chrest Foundation reviewed the reports submitted by the Grantee, participated in Zoom meetings in 2022 and 2023, and met with the Grantee in-person in 2023, but did not undertake any further verification of the Grantee's reports as there has not been any reason to doubt their accuracy or reliability.
Yasama Dair Vakif
  		Caferaga Mah Albay Faik Sozdener
Cad Iffet Gulhan Is Merkezi No 9
K D Kadikoy Istanbul   34710
TU 		2022-09-02 50,000 To develop a model for systematic measurement of civil society maturity and capacity as a sector in Turkey. 50,000 To the knowledge of the Foundation, no part of the Grant has been diverted. 03/01/23, 02/22/24 2024-02-22 The grant amount of $50,000 is comprised of payments of $25,000 (paid on 09/07/2022) and $25,000 (paid on 03/01/2023). The Chrest Foundation reviewed the reports submitted by the Grantee and participated in Zoom meetings in 2022 and 2023, but did not undertake any further verification of the Grantee's reports as there has not been any reason to doubt their accuracy or reliability.
Anadolu Kultur
  		Cumhuriyet Cad Ka-Han
No 40-8 Elmadag
Sisli Istanbul   34367
TU 		2023-12-06 38,292 To connect civil society organizations in Turkey with other civil society organizations to foster peer learning and co-programming. 38,292 To the knowledge of the Foundation, no part of the Grant has been diverted. 07/06/24, 02/21/25 2025-02-21 The Chrest Foundation reviewed the reports submitted by the Grantee and participated in a Zoom meeting in 2023, but did not undertake any further verification of the Grantee's reports as there has not been any reason to doubt their accuracy or reliability.
Botan International Medya Limited Sirketi
  		Ali Emiri Sk 1 Kat 2 Kapi 13
Yenisehir Diyarbakir   21100
TU 		2023-06-01 45,000 To produce non-partisan news. 45,000 To the knowledge of the Foundation, no part of the Grant has been diverted. 01/09/24, 07/17/24 2024-07-17 The Chrest Foundation reviewed the reports submitted by the Grantee and participated in a Zoom meeting in 2023, but did not undertake any further verification of the Grantee's reports as there has not been any reason to doubt their accuracy or reliability.
Punto24 Bagimsiz Gazeteciligi Dernegi
  		Yemenici Abdullatif Sk 1 Asmali
Mescit Mah
Beyoglu Istanbul   34430
TU 		2023-06-01 50,000 To create a better informed, more engaged citizenry by providing a physical and virtual meeting space for the exchange of ideas. 50,000 To the knowledge of the Foundation, no part of the Grant has been diverted. 01/15/24, 07/06/24 2024-07-06 The Chrest Foundation reviewed the reports submitted by the Grantee and participated in a Zoom meeting in 2023, but did not undertake any further verification of the Grantee's reports as there has not been any reason to doubt their accuracy or reliability.

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

TY 2024 GainLossSaleOtherAssetsSch
Name:
Chrest Foundation Inc
EIN:
75-2840026
Software ID:
24020961
Software Version:
2024v5.1
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
PUBLICLY TRADED SECURITIES         5,444,147 4,727,558     716,589  
CAPITAL GAIN DISTRIBUTIONS         1,411       1,411  
GAIN (LOSS) FROM INVESTMENTS         17,504       17,504  

TY 2024 InvestmentsCorpStockSchedule
Name:
Chrest Foundation Inc
EIN:
75-2840026
Software ID:
24020961
Software Version:
2024v5.1
Name of Stock End of Year Book Value End of Year Fair Market Value
SF Investments, Inc - Equities 4,960,469 4,960,469
Vanguard- Developed Market Stock 4,028,858 4,028,858
Citi Private Bank - Equities 14,623,065 14,623,065

TY 2024 InvestmentsGovtObligationsSch
Name:
Chrest Foundation Inc
EIN:
75-2840026
Software ID:
24020961
Software Version:
2024v5.1
US Government Securities - End of Year Book Value:

6,114,728
US Government Securities - End of Year Fair Market Value:

6,114,728
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:
Chrest Foundation Inc
EIN:
75-2840026
Software ID:
24020961
Software Version:
2024v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Griffis Premium Apartment Fund V Inst, LP FMV 2,525,740 2,525,740
New Vernon India (Cayman) Fund II LP FMV 337,297 337,297
Portfolio Advisors Private Equity Fund X (Offshore), LP FMV 1,317,238 1,317,238
PA Direct Credit Opportunities Fund III (Offshore), LP FMV 165,166 165,166
Citi Private Bank - Private Equity Funds FMV 1,398,378 1,398,378
Capital Midwest Fund IV, LP FMV 163,259 163,259
PA GP Solutions Fund (Offshore), LP FMV 286,106 286,106
SRP Continuation Partners Parallel, LP FMV 867,814 867,814
Griffis Premium Apartment Fund VI Inst LP FMV 315,000 315,000
Citi Private Bank - DGP V Ownership Offshore Feeder Fund, Ltd FMV 153,722 153,722
Citi Private Bank - Pere Collection II Offshore Fund S.C.SP FMV 397,050 397,050

TY 2024 LegalFeesSchedule
Name:
Chrest Foundation Inc
EIN:
75-2840026
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL & PROFESSIONAL 299     299


TY 2024 OtherAssetsSchedule
Name:
Chrest Foundation Inc
EIN:
75-2840026
Software ID:
24020961
Software Version:
2024v5.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Prepaid Federal Taxes 0 7,117 7,117


TY 2024 OtherExpensesSchedule
Name:
Chrest Foundation Inc
EIN:
75-2840026
Software ID:
24020961
Software Version:
2024v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 509     509
REGISTRATION & LICENSING FEES 169     169
TECHNOLOGY 10,038     10,038
BOND PREMIUM 10,837 10,837    
PAYROLL PROCESSING FEES 16,431     16,431
Other Expenses from Investments 56,658 48,335    
Office Expenses 668     668


TY 2024 OtherIncomeSchedule2
Name:
Chrest Foundation Inc
EIN:
75-2840026
Software ID:
24020961
Software Version:
2024v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Other Income (Loss) from Investments -1,031 23,369  


TY 2024 OtherIncreasesSchedule
Name:
Chrest Foundation Inc
EIN:
75-2840026
Software ID:
24020961
Software Version:
2024v5.1
Description Amount
Unrealized Gain 2,179,779


TY 2024 OtherProfessionalFeesSchedule
Name:
Chrest Foundation Inc
EIN:
75-2840026
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES 58,165     58,165
INVESTMENT MANAGEMENT FEES 166,855 166,855    


TY 2024 TaxesSchedule
Name:
Chrest Foundation Inc
EIN:
75-2840026
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 26,277 26,277    
FEDERAL TAXES 26,935