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
JUBILEE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3713 EAST A STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PASCO, WA99301
A Employer identification number

91-1693752
B Telephone number (see instructions)

(509) 546-5999
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$200,421,004J Accounting method:
Modified Cash
(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) 6,050,387
2 Check right arrow.............
3 Interest on savings and temporary cash investments 1,995,656 1,995,656  
4 Dividends and interest from securities... 1,776,553 1,776,553  
5a Gross rents............ 1,880,004 1,880,004  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,541,826
b Gross sales price for all assets on line 6a 19,934,877
7 Capital gain net income (from Part IV, line 2)... 6,541,826
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
29,457 0  
12 Total. Add lines 1 through 11........ 18,273,883 12,194,039  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 650,661 65,580   555,624
15 Pension plans, employee benefits....... 191,306 96,143   95,163
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
42 0   42
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
10,342 9,686   656
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
362,032 351,092   10,940
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
461,633 316,677   144,956
19 Depreciation (attach schedule) and depletion... 1,290,940 545,730  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 8,193 5,895   2,298
22 Printing and publications.......... 4,015 2,648   1,367
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,211,431 839,627   408,594
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,190,595 2,233,078   1,219,640
25 Contributions, gifts, grants paid....... 2,052 2,052
26 Total expenses and disbursements. Add lines 24 and 25 4,192,647 2,233,078   1,221,692
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 14,081,236
b Net investment income (if negative, enter -0-) 9,960,961
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 2,305,929 709,800 709,800
2 Savings and temporary cash investments......... 12,585,348 19,086,176 19,086,176
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)      
b Investments—corporate stock (attach schedule)....... 102,496,459 Click to see attachment
List of Attached Documents:
// Content
95,235,081 		95,235,081
c Investments—corporate bonds (attach schedule)....... 30,117,048 Click to see attachment
List of Attached Documents:
// Content
39,395,425 		39,395,425
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans............. 2,227,500 1,482,000 1,482,000
13 Investments—other (attach schedule).......... 1,348,234 Click to see attachment
List of Attached Documents:
// Content
1,311,442 		1,311,442
14 Land, buildings, and equipment: basis right arrow52,210,227
Less: accumulated depreciation (attach schedule) right arrow9,009,147 28,609,807 Click to see attachment
List of Attached Documents:
// Content
43,201,080 		43,201,080
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 179,690,325 200,421,004 200,421,004
Liabilities 17 Accounts payable and accrued expenses..........   417
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
51,075 		Click to see attachment
List of Attached Documents:
// Content
50,325
23 Total liabilities (add lines 17 through 22)......... 51,075 50,742
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........... 179,639,250 200,370,262
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 179,639,250 200,370,262
30 Total liabilities and net assets/fund balances (see instructions). 179,690,325 200,421,004
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
179,639,250
2
Enter amount from Part I, line 27a .....................
2
14,081,236
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
6,686,568
4
Add lines 1, 2, and 3 ..........................
4
200,407,054
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
36,792
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
200,370,262
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a SALE OF PUBLICLY TRADED SECURITIES LT   2023-07-01 2024-12-31
b SALE OF PUBLICLY TRADED SECURITIES ST   2024-07-01 2024-12-31
c CAPITAL GAIN DISTRIBUTIONS LT   2023-07-01 2024-12-31
d CAPITAL GAIN DISTRIBUTIONS ST   2024-07-01 2024-12-31
e GAIN ON SALE OF VEHICLE P    
(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 16,734,401   10,811,579 5,922,822
b 1,961,664   2,581,472 -619,808
c 1,087,987     1,087,987
d 150,525     150,525
e 300     300
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       5,922,822
b       -619,808
c       1,087,987
d       150,525
e       300
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 6,541,826
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) 1 138,457
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........................... 3 138,457
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- ..... 5 138,457
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 114,261
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 140,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 254,261
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 115,804
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow115,804 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
 
No
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 arrowWA
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.BROETJEFAMILYTRUST.ORG
14
The books are in care ofright arrowSHELLY BROETJE Telephone no.right arrow (509) 546-5999

Located atright arrow3713 EAST A STREETPASCOWA ZIP+4right arrow99301
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
RALPH BROETJE TREASURER
2.00 		0 0 0
3713 EAST A STREET
PASCO,WA99301
CHERYL BROETJE PRESIDENT
2.00 		0 0 0
3713 EAST A STREET
PASCO,WA99301
CALLIE SIMS VICE PRESIDENT/SECRETARY
2.00 		0 0 0
3713 EAST A STREET
PASCO,WA99301
SUZANNE BROETJE CHAIR
5.00 		0 0 0
3713 EAST A STREET
PASCO,WA99301
ROGER BAIRSTOW BOARD MEMBER
2.00 		0 0 0
3713 EAST A STREET
PASCO,WA99301
SHAUN BROETJE BOARD MEMBER
2.00 		0 0 0
3713 EAST A STREET
PASCO,WA99301
TYLER BROETJE BOARD MEMBER
2.00 		0 0 0
3713 EAST A STREET
PASCO,WA99301
OMAR ESCALERA BOARD MEMBER
2.00 		0 0 0
3713 EAST A STREET
PASCO,WA99301
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
TWIGY TELLEZ DIRECTOR
40.00 		87,250 14,367 0
3713 EAST A STREET
PASCO,WA99301
MARTIN MARTINEZ COMMUNITY RELATIONS
40.00 		59,935 8,668 0
3713 EAST A STREET
PASCO,WA99301
SARAHI BRAVO GONZALEZ PROPERTY MANAGER
40.00 		57,090 7,451 0
3713 EAST A STREET
PASCO,WA99301
GUSTAVO GARCIA-ARELLANO MAINTENANCE MANAGER
40.00 		51,831 7,438 0
3713 EAST A STREET
PASCO,WA99301
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
ELITE CONSTRUCTION CONSTRUCTION 15,337,146
5804 ROAD 90 SUITE A
PASCO,WA99301
US BANK WEALTH MANAGEMENT INVESTMENT MANAGEMENT AND TRUST SERVICES 351,092
1325 FOWLER ST SUITE 107
RICHLAND,WA99352
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 THE ORGANIZATION PROVIDES TIERRA VIDA MULTI-FAMILY HOUSING TO LOW-INCOME INDIVIDUALS AND FAMILIES. IN ADDITION TO THE AFFORDABLE HOUSING PROGRAM, THE ORGANIZATION ALSO PROVIDES YOUTH PROGRAMMING, COMMUNITY LEADERSHIP DEVELOPMENT, AND LAY COUNSELING SERVICES TO RESIDENTS WITHIN THE MULTI-FAMILY HOUSING AND COMMUNITY MEMBERS WITHIN THE TIERRA VIDA DEVELOPMENT. 2,051,199
2 THE NEIGHBORHOOD AND COMMUNITY OUTREACH PROGRAM SEEKS TO BRING THE PEOPLE IN THE COMMUNITY A SENSE OF SAFETY, BELONGING, TOGETHERNESS AND AGENCY. COMMUNITY OUTREACH SEEKS TO ENGAGE THOSE LIVING IN THE TIERRA VIDA COMMUNITY UNDER THE BELIEF THAT EVERYONE SHOULD BE KNOWN AND LOVED. STAFF IN OUR COMMUNITIES WALK ALONGSIDE THOSE WHO MAY BE AT RISK OF BEING LOST, FORGOTTEN OR PUSHED ASIDE. IN OUR APPROACH TO DO 'WITH NOT 'FOR', WE SEEK TO EQUIP INDIVIDUALS AND FAMILIES WITH THE CAPACITY TO MOVE PAST THEIR CHALLENGES AND ENGAGE THE WORLD. OVERALL, OUR HOPE IS THAT THROUGH WALKING WITH THOSE WHO ARE ALIENATED THAT JUBILEE FOUNDATION CAN NURTURE A CULTURE WITHIN COMMUNITIES THAT ENHANCES THE LEVEL OF INTERACTION AND CARE THAT WE HAVE FOR EACH OTHER. 455,775
3 SUMMER PROGRAMS PROVIDE SUMMER EXPERIENCES FOR CHILDREN OF THE TIERRA VIA COMMUNITY AND LOW-INCOME FAMILIES FROM JUBILEE'S MULTI-FAMILY HOUSING. PROGRAMMING FOCUSES ON OFFERING AT-RISK CHILDREN OPPORTUNITIES TO BE EXPOSED TO ENRICHMENT PROGRAMMING. 98,958
4 THE ORGANIZATION PROVIDES THE FACILITIES FOR THE CENTER FOR SHARING, A TAX-EXEMPT CHRISTIAN-BASED ORGANIZATION IN PASCO, WASHINGTON THAT PROVIDES PROGRAMS EMPHASIZING SERVANT-LEADERSHIP TRAINING AND SERVICE WORK TO COMMUNITIES AROUND THE WORLD AND A WORK-READINESS PROGRAM. THE ORGANIZATION ALSO PROVIDES THE USE OF FACILITIES FOR VISTA HERMOSA FOUNDATION, A TAX-EXEMPT ORGANIZATION BASED IN PASCO, WASHINGTON THAT OPERATES A PRIVATE, CHRISTIAN SCHOOL FOR GRADES K-8 AND PROVIDES SCHOLARSHIPS, MENTORING, AND SUPPORT TO STUDENTS IN THE EASTERN WASHINGTON REGION INTERESTED IN PURSUING HIGHER EDUCATION. 505,340
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
140,645,152
b
Average of monthly cash balances.......................
1b
13,031,650
c
Fair market value of all other assets (see instructions)................
1c
2,227,500
d
Total (add lines 1a, b, and c).........................
1d
155,904,302
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
155,904,302
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,338,565
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
153,565,737
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
7,678,287
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
7,678,287
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
138,457
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
138,457
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
7,539,830
4
Recoveries of amounts treated as qualifying distributions................
4
300
5
Add lines 3 and 4............................
5
7,540,130
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
7,540,130
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
1,221,692
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
15,878,813
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
17,100,505
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 7,540,130
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 3,842,945
b Total for prior years:20 , 20, 20 0
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 ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 17,100,505
a Applied to 2023, but not more than line 2a 3,842,945
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..... 7,540,130
e Remaining amount distributed out of corpus 5,717,430
5 Excess distributions carryover applied to 2024. 0 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 5,717,430
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...... 		0
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 ...... 		5,717,430
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.... 5,717,430
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).)
RALPH BROETJE
CHERYL BROETJE
SUZANNE BROETJE
ROGER BAIRSTOW
SHAUN BROETJE
TYLER BROETJE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
JOSEPH AKURE
3713 EAST A STREET
PASCO,WA99301
(509) 546-5999
bThe form in which applications should be submitted and information and materials they should include:
THE REQUEST SHOULD CONTAIN INFORMATION REQUESTED BY THE FOUNDATION AND DEEMED PERTINENT BY THE APPLICANT.
cAny submission deadlines:
THERE ARE CURRENTLY FIVE GRANT CYCLES PER YEAR, WITH SUBMISSION DEADLINES OF 2/1, 4/1, 8/1 AND 10/1.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
FUNDS WILL ONLY BE USED FOR THE PURPOSES ALLOWED BY THE IRS AND OTHER GOVERNMENT AGENCIES RELATED TO THE GRANTS FROM PRIVATE FOUNDATIONS. IN PARTICULAR, NO FUNDS WILL BE USED FOR LOBBYING PURPOSES OR AID IN THE ELECTION OF PUBLIC OFFICIALS.
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

BLUE MOUNTAIN COUNCIL BSA

8478 W GAGE BLVD
KENNEWICK,WA99336 		  PC DONATION FOR 2025 COUNCIL LEADERSHIP BREAKFAST 2,000

ELIJAH FAMILY HOMES

921 S AUBURN ST
KENNEWICK,WA99336 		  PC DONATION 52
Total .................................right arrow 3a 2,052
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
aOTHER COMMUNITY PROGRAMS         29,457
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 1,995,656  
4 Dividends and interest from securities ....     14 1,776,553  
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 6,541,826  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 10,314,035 29,457
13Total. Add line 12, columns (b), (d), and (e)..................
13
10,343,492
(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.)
1A FEES RELATED TO SUMMER AND OTHER PROGRAMS PROVIDED TO THE TIERRA VIDA COMMUNITY AND LOW-INCOME FAMILIES FROM JUBILEE'S MULTI-FAMILY HOUSING. PROGRAMMING FOCUSES ON OFFERING AT-RISK CHILDREN OPPORTUNITIES TO BE EXPOSED TO ENRICHMENT PROGRAMMING.
5B THE RENTAL ACTIVITY CONSISTS OF RENTAL REVENUE FROM LOW-INCOME HOUSING TENANTS AT THE TIERRA VIDA HOUSING COMPLEX.
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

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

91-1693752
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
JUBILEE FOUNDATION
  		Employer identification number
91-1693752
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
CITY OF PASCO
525 N 3RD AVE
 
PASCO, WA99301

$ 1,256,481


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
RALPH BROETJE
716 W SUNSET DR
 
BURBANK, WA99323

$ 4,793,906


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
JUBILEE FOUNDATION
  		Employer identification number

91-1693752
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 STOCK $ 4,793,906 2024-10-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
JUBILEE FOUNDATION
  		Employer identification number

91-1693752
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
JUBILEE FOUNDATION
EIN:
91-1693752
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING EXPENSE 10,342 9,686   656

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

TY 2024 ExpenditureResponsibilityStmt
Name:
JUBILEE FOUNDATION
EIN:
91-1693752
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
RAISING VOICES
  		PO BOX 6770 PLOT 16 TUFNELL DRIVE
KAMWOKYA
KAMPALA,KAMPALA  
UG 		2021-10-01 127,100 SASA! TECHNICAL ASSISTANCE IN MEXICO 127,100 TO THE BEST OF OUR KNOWLEDGE, THERE HAS BEEN NO DIVERSION. 03/30/2023, 04/28/2023, 10/16/2023, 7/31/2024   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WAS MADE.
INICIATIVAS PARA EL DESARROLLO DE UNA ECONOMA ALTERNATIVA Y SOLIDARIA AC
  		IGNACIO ALDAMA 108 COLONIA NACIONAL
SANTA LUCA DEL CAMINO
OAXACA,OAXACA71228
MX 		2021-08-01 45,000 SCHOOL FOR THE COMMON GOOD 45,000 TO THE BEST OF OUR KNOWLEDGE, THERE HAS BEEN NO DIVERSION. 02/21/2023, 05/10/2023, 08/25/2023, 12/30/2023, 08/29/2024   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WAS MADE.
SHARED-X
  		2925 WOODSIDE RD
REDWOOD CITY,CAYMAN ISLANDS  
CJ 		2022-01-25 1,500,000 DIRECT EQUITY INVESTMENT IN A START-UP TO BRING JUSTICE TO THE FARMING INDUSTRY, ADDRESSING GLOBAL FOOD SHORTAGES IN DEVELOPING COUNTRIES WHILE PRIORTIZING SMALL FAMERS WHO ARE STRUGGELING TO SURVIVE IN A MODERN ECONOMY DOMINATED BY LAGE-SCALE PLAYERS. SHARED-X HAS A MISSION TO ADDRESS POVERTY ALLEVIATION AND FOOD SECURITY THROUGH REGENERATIVE AGRICULTURE AND BIOTECHNOLOGY TO THE MARGINALIZED. 1,500,000 TO THE BEST OF OUR KNOWLEDGE, THERE HAS BEEN NO DIVERSION. 3/23, 10/24, 12/24, 7/25, 9/25   THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WAS MADE.

TY 2024 InvestmentsCorpBondsSchedule
Name:
JUBILEE FOUNDATION
EIN:
91-1693752
Name of Bond End of Year Book Value End of Year Fair Market Value
US BANK FIXED INCOME 36,175,510 36,175,510
US BANK IMPACT FIXED INCOME 3,219,915 3,219,915

TY 2024 InvestmentsCorpStockSchedule
Name:
JUBILEE FOUNDATION
EIN:
91-1693752
Name of Stock End of Year Book Value End of Year Fair Market Value
US BANK EQUITIES 84,423,777 84,423,777
US BANK IMPACT EQUITY FUNDS 10,811,258 10,811,258
TIEDEMANN MUTUAL FUNDS 46 46

TY 2024 InvestmentsOtherSchedule2
Name:
JUBILEE FOUNDATION
EIN:
91-1693752
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SHARED-X - PROGRAM-RELATED INVESTMENT AT COST 1,311,442 1,311,442

TY 2024 LandEtcSchedule2
Name:
JUBILEE FOUNDATION
EIN:
91-1693752
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND - CFS BLDG 165,129 0 165,129 165,129
CENTER FOR SHARING BLDG 1,263,997 808,959 455,038 455,038
CFS - LID (LOCAL IMPROVEMENT DISTRICT) 36,598 19,764 16,834 16,834
TIERRA VIDA MULTI-FAMILY COMPLEX 12,645,696 5,606,260 7,039,436 7,039,436
FITNESS EQUIPMENT 62,110 62,110 0  
352 WHITE CHAIRS W/ CART 10,704 10,704 0  
36 TABLES 60'' W/ CART 4,725 4,725 0  
PLAY LAND LIGHT - TIERRA VIDA 4,626 4,626 0  
LAND FOR MULTI-FAMILY PROPERTY 360,000 0 360,000 360,000
TIERRA VIDA MULTI-FAMILY PHASE 2 6,641,339 1,035,937 5,605,402 5,605,402
LAND, LOT 2, TIERRA VIDA COMMERCIAL PHASE ONE 300,000 0 300,000 300,000
CONSTRUCTION IN PROGRESS 573,631 0 573,631 573,631
STOVE (COLLEGIUM CAFE) 2,892 2,246 646 646
DATA RELOCATION AND ADDITIONAL CABLE (APARTMENTS) 3,476 3,128 348 348
FILTER RACK AND MODIFICATION OF SA 5-TON ZONE SYSTEM 4,483 494 3,989 3,989
PORT ETHERNET AND POWER SUPPLY 2,753 2,250 503 503
LAWN MOWER 9,120 6,536 2,584 2,584
SERVER - POWEREDGE R7515 8,966 6,052 2,914 2,914
SANDWICH/SALAD PREP TABLE/FRIDGE - CAFE 4,045 1,951 2,094 2,094
NATORI LHASA SUNSET 12 X 15 RUG 12,119 7,575 4,544 4,544
NATORI LHASA SUNSET 8' RUG 4,333 2,708 1,625 1,625
ICE MACHINE HOSHIZAKI KM-231BAJ - LEO 3,338 2,086 1,252 1,252
FURNITURE 563,482 251,554 311,928 311,928
LAND TIERRA VIDA MULTI-FAMILY COMPLEX 765,000 0 765,000 765,000
BUILDING - LEO 9,129,215 770,520 8,358,695 8,358,695
WEBSITE 9,000 9,000 0  
HEAT PUMP - COLLEGIUM 6,787 457 6,330 6,330
HEAT PUMP FOR F104 7,338 545 6,793 6,793
DELL XPS 15" LAPTOP 16GB RAM, 512 GB 3,128 1,564 1,564 1,564
SET OF 1 TABLE & 3 BENCHES WITH UMBRELLA HOL 8,189 2,925 5,264 5,264
SET OF 1 TABLE & 4 BENCHES WITH UMBRELLA HOL 9,793 5,510 4,283 4,283
TRIO BENCH 6 FT W/ ANCHOR KIT 3,418 1,220 2,198 2,198
TRIO BENCH 6 FT W/ ANCHOR KIT 3,418 1,220 2,198 2,198
TRIO BENCH 6 FT W/ ANCHOR KIT 3,418 1,220 2,198 2,198
SET OF 1 TABLE & 4 BENCHES W/ ANCHOR KIT 9,744 3,480 6,264 6,264
CHAMBER BENCH 6FT W/ANCHOR KI 3,325 1,188 2,137 2,137
HEATED CART 8,718 3,113 5,605 5,605
LAND 0 TV PHASE 3 1,633,200 0 1,633,200 1,633,200
COLLEGIUM CONDENSER FOR BUILDING 5,815 267 5,548 5,548
3215 HELENA ST, PASCO 324,046 20,130 303,916 303,916
HOUSE 3219 HELENA ST, PASCO 333,883 20,741 313,142 313,142
HOUSE 506 RAMA CT 363,710 22,594 341,116 341,116
COLLEGIUM FRONT DOORS 10,346 342 10,004 10,004
COLLEGIUM SIDE DOORS 10,890 360 10,530 10,530
36" GAS RANGE FOR CAFE 2,777 833 1,944 1,944
STORY WALL 947,336 300,197 647,139 647,139
CIP LAND TV PHASE 3 APTS 25,593 0 25,593 25,593
LAND 506 RAMA CT, PASCO 5,255 0 5,255 5,255
LAND 3215 HELENA ST, PASCO 5,255 0 5,255 5,255
LAND 3219 HELENA ST, PASCO 5,255 0 5,255 5,255
COLLEGIUM PATIO ENTRANCE DOUBLE DOORS 10,346 254 10,092 10,092
CIP LAND TV PHASE 3 APTS 15,850,452 0 15,850,452 15,850,452
2011 GMC SIERRA 1500 VIN 9065 18,015 1,802 16,213 16,213


TY 2024 LegalFeesSchedule
Name:
JUBILEE FOUNDATION
EIN:
91-1693752
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 42 0   42


TY 2024 OtherDecreasesSchedule
Name:
JUBILEE FOUNDATION
EIN:
91-1693752
Description Amount
UNREALIZED LOSS ON PROGRAM RELATED INVESTMENT 36,792


TY 2024 OtherExpensesSchedule
Name:
JUBILEE FOUNDATION
EIN:
91-1693752
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 138,274 91,223   47,051
OFFICE SUPPLIES 4,271 2,605   1,666
BANK CHARGES 2,913 -32   2,945
DUES AND SUBSCRIPTIONS 4,596 2,388   2,208
SUPPLIES 421,293 392,697   28,594
REPAIRS AND MAINTENANCE 179,375 126,149   53,226
ACTIVITIES AND EVENTS 5,447 894   4,553
CABLE, INTERNET, AND PHONE 170,673 4,636   166,037
UTILITIES 270,841 208,771   62,070
PROFESSIONAL DEVELOPMENT 430 347   83
CREDIT CHECK FEES 3,260 3,260   0
MISCELLANEOUS 1,343 928   415
LICENSES & FEES 2,455 1,499   956
ADVERTISING AND PROMOTION 1,303 662   641
HOSPITALITY 1,157 349   808
BAD DEBTS 168 0   168
PROGRAM RELATED INVESTMENT - SHARED-X LOSS 0 0   36,792
FUEL 3,632 3,251   381


TY 2024 OtherIncomeSchedule2
Name:
JUBILEE FOUNDATION
EIN:
91-1693752
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER COMMUNITY PROGRAMS 29,457   29,457


TY 2024 OtherIncreasesSchedule
Name:
JUBILEE FOUNDATION
EIN:
91-1693752
Description Amount
UNREALIZED GAIN ON INVESTMENTS 6,686,568


TY 2024 OtherLiabilitiesSchedule
Name:
JUBILEE FOUNDATION
EIN:
91-1693752
Description Beginning of Year - Book Value End of Year - Book Value
TENANT DEPOSITS 51,075 50,325


TY 2024 OtherProfessionalFeesSchedule
Name:
JUBILEE FOUNDATION
EIN:
91-1693752
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 351,092 351,092   0
OTHER PROFESSIONAL SERVICES 10,940 0   10,940


TY 2024 TaxesSchedule
Name:
JUBILEE FOUNDATION
EIN:
91-1693752
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BUSINESS TAXES 85 39   46
PAYROLL TAXES 80,288 27,913   52,375
PROPERTY TAXES 380,312 287,777   92,535
FOREIGN TAXES ON INVESTMENTS 948 948   0