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
128 COLLECTIVE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)314 LYTTON AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALO ALTO, CA94301
A Employer identification number

83-2899018
B Telephone number (see instructions)

(650) 804-7100
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$41,047,181J 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) 484,504
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,108,729 1,141,179  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,975,311
b Gross sales price for all assets on line 6a 18,261,979
7 Capital gain net income (from Part IV, line 2)... 3,394,697
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
25,014 1,269  
12 Total. Add lines 1 through 11........ 4,593,558 4,537,145  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
40,533 0   41,581
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
190,406 95,203   99,926
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
255,562 255,562   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
107,780 21,780   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
-47 25,727   1,950
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 594,234 398,272   143,457
25 Contributions, gifts, grants paid....... 11,400,250 11,350,250
26 Total expenses and disbursements. Add lines 24 and 25 11,994,484 398,272   11,493,707
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -7,400,926
b Net investment income (if negative, enter -0-) 4,138,873
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 Savings and temporary cash investments......... 571,679 623,409 623,409
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.......... 1,000    
10a Investments—U.S. and state government obligations (attach schedule) 3,440,264 Click to see attachment
List of Attached Documents:
// Content
3,822,114 		3,822,114
b Investments—corporate stock (attach schedule)....... 29,493,842 Click to see attachment
List of Attached Documents:
// Content
25,706,938 		25,706,938
c Investments—corporate bonds (attach schedule)....... 11,398,291 Click to see attachment
List of Attached Documents:
// Content
9,587,555 		9,587,555
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,253,739 Click to see attachment
List of Attached Documents:
// Content
1,307,165 		1,307,165
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 46,158,815 41,047,181 41,047,181
Liabilities 17 Accounts payable and accrued expenses.......... 40,463 29,989
18 Grants payable.................   50,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
132,000 		Click to see attachment
List of Attached Documents:
// Content
170,000
23 Total liabilities (add lines 17 through 22)......... 172,463 249,989
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........... 45,986,352 40,797,192
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)..... 45,986,352 40,797,192
30 Total liabilities and net assets/fund balances (see instructions). 46,158,815 41,047,181
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
45,986,352
2
Enter amount from Part I, line 27a .....................
2
-7,400,926
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,211,766
4
Add lines 1, 2, and 3 ..........................
4
40,797,192
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
40,797,192
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 ALTERNATIVE INVESTMENTS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 18,261,979   14,876,084 3,385,895
b 8,802     8,802
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       3,385,895
b       8,802
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,394,697
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 57,530
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 57,530
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 57,530
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 45,595
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 70,595
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 13,065
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow13,065 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
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
Yes
 
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 arrowN/A
14
The books are in care ofright arrowAPERCEN PARTNERS LLC Telephone no.right arrow (650) 804-7100

Located atright arrow314 LYTTON AVEPALO ALTOCA ZIP+4right arrow94301
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
THERESA PRESTON-WERNER CO-PRESIDENT/DIRECTOR
0.40 		0 0 0
314 LYTTON AVE
PALO ALTO,CA94301
THOMAS PRESTON-WERNER CO-PRESIDENT/DIRECTOR
0.40 		0 0 0
314 LYTTON AVE
PALO ALTO,CA94301
JAKE WERNER DIRECTOR
0.40 		0 0 0
314 LYTTON AVE
PALO ALTO,CA94301
TOM VAN LOBEN SELS CFO/CO-SECRETARY
0.10 		0 0 0
314 LYTTON AVE
PALO ALTO,CA94301
KATHLEEN GOSS CO-SECRETARY
0.10 		0 0 0
314 LYTTON AVE
PALO ALTO,CA94301
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
GOLDMAN SACHS & CO LLC INVESTMENT MANAGEMENT 255,562
200 WEST ST
NEW YORK,NY10282
APERCEN PARTNERS LLC ACCOUNTING & CONSULTING 172,205
314 LYTTON AVE
PALO ALTO,CA94301
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
44,286,024
b
Average of monthly cash balances.......................
1b
674,679
c
Fair market value of all other assets (see instructions)................
1c
1,307,175
d
Total (add lines 1a, b, and c).........................
1d
46,267,878
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
46,267,878
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
694,018
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
45,573,860
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,278,693
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
2,278,693
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
57,530
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
57,530
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,221,163
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,221,163
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
2,221,163
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
11,493,707
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
11,493,707
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 2,221,163
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 361,651
b From 2020...... 1,487,833
c From 2021...... 1,748,219
d From 2022...... 7,168,085
e From 2023...... 6,985,725
f Total of lines 3a through e ........ 17,751,513
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 11,493,707
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..... 2,221,163
e Remaining amount distributed out of corpus 9,272,544
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 27,024,057
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) ... 		361,651
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		26,662,406
10 Analysis of line 9:
a Excess from 2020.... 1,487,833
b Excess from 2021.... 1,748,219
c Excess from 2022.... 7,168,085
d Excess from 2023.... 6,985,725
e Excess from 2024.... 9,272,544
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).)
THERESA PRESTON-WERNER
THOMAS PRESTON-WERNER
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

350 SEATTLE

5031 UNIVERSITY WAY NE
SEATTLE,WA98105 		  PC AMAZON EMPLOYEES FOR CLIMATE JUSTICE 150,000

ACCELERATE CHANGE INC

294 WASHINGTON ST STE 500
BOSTON,MA02108 		  PC GEN Z FOR CIVIC ENGAGEMENT 50,000

ACTIONAID USA

1220 L ST NW
WASHINGTON,DC20005 		  PC WORK ON CLIMATE-INDUCED DISPLACEMENT AND MIGRATION 100,000

AFRICAN CLIMATE ALLIANCE NPC

11 GROVE AVE
CLAREMOUNT,CAPE TOWN7708
SF 		  PC GENERAL OPERATING SUPPORT 150,000

ALLIANCE FOR GLOBAL JUSTICE CORP

224 E 26TH ST STE 1
TUSCON,AZ85713 		  PC YOUTH VS APOCALYPSE 75,000

ALLIANCE FOR YOUTH ORGANIZING

915 5TH ST NW
WASHINGTON,DC20001 		  PC GENERAL OPERATING SUPPORT 100,000

AMALGAMATED CHARITABLE FOUNDATION INC

1825 K ST NW
WASHINGTON,DC20006 		  PC DEMOCRACY TAKES WORK 50,000

BENEFICIAL ELECTRIFICATION LEAGUE

3616 N GLEBE RD
ARLINGTON,VA22207 		  PC DECARBONIZATION OF RURAL ELECTRIC COOPERATIVES 100,000

BRAZIL FOUNDATION

216 EAST 45TH ST STE 1106
NEW YORK,NY10017 		  PC UMRIO 65,000

BREACH COLLECTIVE

PO BOX 5291
EUGENE,OR97405 		  PC GENERAL OPERATING SUPPORT 100,000

CENTER FOR EMPOWERED POLITICS EDUCATION FUND

1042 GRANT AVE 5TH FL
SAN FRANCISCO,CA94133 		  PC JUSTICE IS GLOBAL 64,000

CENTER FOR EMPOWERED POLITICS EDUCATION FUND

1042 GRANT AVE 5TH FL
SAN FRANCISCO,CA94133 		  PC GENERAL OPERATING SUPPORT 225,000

CENTER FOR INTERNATIONAL POLICY INC

1050 CONNECTICUT AVE NW
WASHINGTON,DC20036 		  PC WORK ON INTERNATIONAL RELATIONS 100,000

CENTER FOR POLITICAL ECOLOGY

PO BOX 8467
SANTA CRUZ,CA95061 		  PC LONG HAUL 150,000

CENTER FOR PUBLIC ENTERPRISE

PO BOX 370108
BROOKLYN,NY11237 		  PC GLOBAL PUBLIC DEVELOPMENT AND THE G20 MEETING 7,500

CENTER FOR PUBLIC ENTERPRISE

PO BOX 370108
BROOKLYN,NY11237 		  PC PUBLIC POWER RESEARCH AND ADVOCACY 200,000

CHINESE PROGRESSIVE ASSOCIATION

1042 GRANT AVE 5TH FL
SAN FRANCISCO,CA94133 		  PC ASIAN LABOR INSTITUTE 95,000

CLIMATE 2025 LIMITED

3 CONCOURSE WAY
SHEFFIELD   S1 2BJ
UK 		  PC GREEN NEW DEAL RISING 100,000

CLIMATE 2025 LIMITED

3 CONCOURSE WAY
SHEFFIELD   S1 2BJ
UK 		  PC CLIMATE VANGUARD 50,000

CONGRESSIONAL PROGRESSIVE CAUCUS CENTER

80 F ST NW
WASHINGTON,DC20001 		  PC WORK RELATED TO THE DIRECT PAY PROVISION OF THE IRA 250,000

CUNY SCHOOL OF LABOR AND URBAN STUDIES FOUNDATION INC

25 WEST 43RD ST 19TH FL
NEW YORK,NY10036 		  PC TRADE UNIONS FOR ENERGY DEMOCRACY 200,000

CUNY SCHOOL OF LABOR AND URBAN STUDIES FOUNDATION INC

25 WEST 43RD ST 19TH FL
NEW YORK,NY10036 		  PC TRADE UNIONS FOR ENERGY DEMOCRACY 7,000

ECOLOGISTICS INC

633 RAMONA AVE SPACE 103
LOS OSOS,CA93402 		  PC RUN ON CLIMATE EDUCATION FUND 74,750

ENGAGE FLORIDA CIVIC FUND INC

863 NE 79TH ST
MIAMI,FL33138 		  PC GENERAL OPERATING SUPPORT 50,000

FAIR ELECTIONS CENTER

1825 K ST NW STE 450
WASHINGTON,DC20006 		  PC CAMPUS VOTE PROJECT 75,000

GEORGIA COALITION FOR THE PEOPLE'S AGENDA

501 PULLIAM ST SW 310
ATLANTA,GA30312 		  PC CIVIC GEORGIA 75,000

INSTITUTE FOR POLICY STUDIES

1301 CONNECTICUT AVE NW
WASHINGTON,DC20036 		  PC INTERNATIONAL CLIMATE COOPERATION 75,000

INSTITUTE FOR PUBLIC AFFAIRS

2040 N MILWAUKEE AVE
CHICAGO,IL60647 		  PC NEEDS POSSIBILITIES FOR WORKER ORGANIZING IN A POST-NLRA WORLD 40,000

JOBS WITH JUSTICE EDUCATION FUND

1150 CONNECTICUT AVE NW STE 200
WASHINGTON,DC20036 		  PC INSIDE ORGANIZER SCHOOL 100,000

JOBS WITH JUSTICE SAN FRANCISCO

209 GOLDEN GATE AVE
SAN FRANCISCO,CA94102 		  PC CALIFORNIA CLIMATE-RESILIENT SCHOOLS STRATEGY 150,000

KOREAN IMMIGRANT WORKERS ADVOCATES OF SOUTHERN CALIFORNIA

941 S VERMONT AVE STE 101 301
LOS ANGELES,CA90006 		  PC GENERAL OPERATING SUPPORT 150,000

LABOR EDUCATION AND RESEARCH PROJECT

PO BOX 250-480
BROOKLYN,NY11225 		  PC GENERAL OPERATING SUPPORT 500,000

LAWYERS FOR GOOD GOVERNMENT INC

6218 GEORGIA AVE NW 5001
WASHINGTON,DC20011 		  PC TECHNICAL AND LEGAL ASSISTANCE FOR DIRECT PAY-ELIGIBLE ENTITIES 100,000

MAINE CLIMATE ACTION NOW

7 PINE ST BAR
HARBOR,ME04609 		  PC MAINE YOUTH FOR CLIMATE JUSTICE 75,000

MCMASTER UNIVERSITY

1280 MAIN ST WEST
HAMILTON,ONTARIOL8S 4L8
CA 		  PC PUBLIC BANKING FOR GREEN AND JUST TRANSITIONS PROJECT 157,000

MISSOURI WORKERS CENTER

5252 NOTTINGHAM AVE
ST LOUIS,MO63109 		  PC A COMPREHENSIVE CAMPAIGN TO EMPOWER TRANSIT WORKERS IN KANSAS CITY 150,000

MORE PERFECT UNION FOUNDATION

PO BOX 8147
ALEXANDRIA,VA22306 		  PC GENERAL OPERATING SUPPORT 100,000

NATIONAL PARTNERSHIP FOR NEW AMERICANS

1805 SOUTH ASHLAND AVE
CHICAGO,IL60608 		  PC CLIMATE JUSTICE COLLABORATIVE 150,000

NATIONAL WILDLIFE FEDERATION

PO BOX 1583
MERRIFIELD,VA22116 		  PC CLIMATE & RESILIENCE EDUCATION TASK FORCE 50,000

NEW ECONOMY ORGANISERS NETWORK

OXFORD HOUSE DERBYSHIRE ST BETHNAL
GREEN
LONDON   E2 6HG
UK 		  PC WORKER-LED TRANSFORMATION CASE STUDIES 60,000

NEW ECONOMY ORGANISERS NETWORK

OXFORD HOUSE DERBYSHIRE ST BETHNAL
GREEN
LONDON   E2 6HG
UK 		  PC WORKER-LED INDUSTRIAL DECARBONIZATION AND ADVOCACY 250,000

ORGANIZING NEIGHBORHOODS FOR EQUALITY NORTHSIDE

4648 N RACINE
CHICAGO,IL60640 		  PC GENERAL OPERATING SUPPORT 50,000

PEOPLE'S ACTION INSTITUTE

1130 N MILWAUKEE AVE
CHICAGO,IL60642 		  PC WORK OF THE MOVEMENT POLITICS AND CLIMATE JUSTICE TEAMS 100,000

PITTSBURGHERS FOR PUBLIC TRANSIT

4836 ELLSWORTH AVE
PITTSBURGH,PA15213 		  PC TRANSIT WORKER JUSTICE AND SKILLS DEVELOPMENT 150,000

POWERSWITCH ACTION

1305 FRANKLIN ST STE 501
OAKLAND,CA94612 		  PC GREEN WORKERS ALLIANCE 150,000

PRESIDENT AND FELLOWS OF HARVARD COLLEGE

1585 MASSACHUSETTS AVE RM B086
CAMBRIDGE,MA02138 		  PC CENTER FOR LABOR AND A JUST ECONOMY AT HARVARD LAW SCHOOL 25,000

PROGRESSIVE INTERNATIONAL EXCHANGE

17434 PALORA ST
ENCINO,CA91316 		  PC A WORKERS PLAN TO DECARBONISE COLUMBIA 160,000

PROGRESSIVE LEADERSHIP INITIATIVE FUND INC

1250 I ST NW STE 330
WASHINGTON,DC20005 		  PC NEW HAMPSHIRE YOUTH MOVEMENT 50,000

RACE FORWARD

PO BOX 96353
WASHINGTON,DC20090 		  PC PILOT PROGRAM FOR INTEGRATING PUBLIC SCHOOL INFRASTRUCTURE ORGANIZING 150,000

RAILROAD WORKERS EDUCATION & LEGAL DEFENSE FOUNDATION

2600 WEST WALTON ST 3S
CHICAGO,IL60622 		  PC PUBLIC RAIL OWNERSHIP & BUILDING PROGRESSIVE RAIL REFORM CAUCUSES 200,000

ROCKEFELLER PHILANTHROPY ADVISORS INC

6 WEST 48TH ST 10TH FL
NEW YORK,NY10036 		  PC YOUTH CLIMATE JUSTICE FUND 100,000

SOCIAL JUSTICE AND SOLIDARITY FUND

724 EXCELSIOR AVE
SAN FRANCISCO,CA94112 		  PC WORKERS' REFORM MOVEMENTS 200,000

SOUTHERN VISION ALLIANCE

PO BOX 51698
DURHAM,NC27717 		  PC SOUTHERN WORKERS ASSEMBLY 250,000

SOUTHERN VISION ALLIANCE

PO BOX 51698
DURHAM,NC27717 		  PC MOVEMENT LABS 50,000

SOUTHERN VISION ALLIANCE

PO BOX 51698
DURHAM,NC27717 		  PC SOUTHERN WORKERS ASSEMBLY 200,000

SPRING STREET CLIMATE FUND INC

PO BOX 24685
BROOKLYN,NY11202 		  PC TREEAGE 75,000

SPRING STREET CLIMATE FUND INC

PO BOX 24685
BROOKLYN,NY11202 		  PC WORK OF THE PUBLIC POWER NY COALITION 150,000

STATE DEMOCRACY PROJECT

77 SANDS ST 6TH FL
BROOKLYN,NY11201 		  PC BUILDING POWER RESOURCE CENTER 250,000

STICHTING TRANSNATIONAL INSTITUTE

PO BOX 14656
AMSTERDAM   1001 LD
NL 		  PC REGIONAL CONFERENCE IN BOGOTA ON THE PUBLIC PATHWAY TO THE ENERGY TRANSITION 30,000

STICHTING TRANSNATIONAL INSTITUTE

PO BOX 14656
AMSTERDAM   1001 LD
NL 		  PC GLOBAL ENERGY TRANSITION AND GLOBAL GREEN INDUSTRIAL POLICY 100,000

STICHTING TRANSNATIONAL INSTITUTE

PO BOX 14656
AMSTERDAM   1001 LD
NL 		  PC DEVELOP A PUBLIC POWER DASHBOARD 150,000

THE HACK FOUNDATION

8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC LABOUR FOR A GREEN NEW DEAL 50,000

THE HACK FOUNDATION

8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC FRIDAYS FOR THE FUTURE UGANDA (US) 25,000

THE HACK FOUNDATION

8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC CAMPUS CLIMATE NETWORK 150,000

THE HACK FOUNDATION

8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC DEVELOPMENT OF FISCAL SPONSORSHIP CAPACITY 150,000

THE HACK FOUNDATION

8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC COMMON WEALTH 320,000

THE HACK FOUNDATION

8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC COMMON WEALTH 125,000

THE HACK FOUNDATION

8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC PUBLIC GRIDS 300,000

TIDES CENTER

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC FOR THE MANY EDUCATION FUND 150,000

TIDES CENTER

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC CLIMATE AND COMMUNITY INSTITUTE 500,000

TIDES CENTER

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC FOR THE MANY EDUCATION FUND 200,000

TIDES FOUNDATION

1012 TORNEY AVE
SAN FRANCISCO,CA94129 		  PC CENTER FOR WORKING FAMILIES 100,000

UE RESEARCH AND EDUCATION FUND

4 SMITHFIELD ST 9TH FL
PITTSBURGH,PA15222 		  PC EMERGENCY WORKPLACE ORGANIZING COMMITTEE 200,000

UE RESEARCH AND EDUCATION FUND

4 SMITHFIELD ST 9TH FL
PITTSBURGH,PA15222 		  PC TRADE UNIONS FOR ENERGY DEMOCRACY 150,000

UE RESEARCH AND EDUCATION FUND

4 SMITHFIELD ST 9TH FL
PITTSBURGH,PA15222 		  PC GREEN LOCOMOTIVES PROJECT 490,000

UE RESEARCH AND EDUCATION FUND

4 SMITHFIELD ST 9TH FL
PITTSBURGH,PA15222 		  PC SOUTHERN WORKER JUSTICE CAMPAIGN 125,000

UNDAUNTEDK12

2925 DELAWARE ST
OAKLAND,CA94602 		  PC IRA IMPLEMENTATION IN PUBLIC SCHOOLS 300,000

UNIVERSITY OF GREENWICH

OLD ROYAL NAVAL COLLEGE PARK ROW
LONDON   SE10 9LS
UK 		  PC PUBLIC SERVICES INTERNATIONAL RESEARCH UNIT SUMMER SCHOOL 105,000

URBAN AFFAIRS COALITION

1650 ARCH ST STE 2701
PHILADELPHIA,PA19103 		  PC PA YOUTH VOTE 50,000

VOICES FOR A SUSTAINABLE FUTURE

11 PINE AVE
TAKOMA PARK,MD20912 		  PC GENERAL OPERATING SUPPORT 500,000
Total .................................right arrow 3a 11,350,250
bApproved for future payment

THE HACK FOUNDATION
8605 SANTA MONICA BLVD 86294
WEST HOLLYWOOD,CA90069 		  PC BANKING ON A BETTER FUTURE 50,000
Total ................................. right arrow 3b 50,000
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 1,108,729  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 25,014  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 2,975,311  
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 4,109,054 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,109,054
(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
128 COLLECTIVE INITIATIVES INC 501(C)(4) COMMON CONTROL
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
128 COLLECTIVE FOUNDATION
 
Employer identification number

83-2899018
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
128 COLLECTIVE FOUNDATION
  		Employer identification number
83-2899018
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
KRISTEN MCGUIRE
333 BUSH ST STE 1700
 
SAN FRANCISCO, CA94104

$ 484,504


(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.)
(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
128 COLLECTIVE FOUNDATION
  		Employer identification number

83-2899018
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
1
 PUBLICLY TRADED SECURITIES $ 484,504 2024-04-04
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
128 COLLECTIVE FOUNDATION
  		Employer identification number

83-2899018
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:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 190,406 95,203   99,926

TY 2024 GeneralExplanationAttachment
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Identifier Return Reference Explanation
SCHEDULE OF CONTROLLED ENTITIES PART VI-A, LINE 11 NAME OF CONTROLLED ENTITY: 128 COLLECTIVE INITIATIVES INCEMPLOYER ID NO: 84-2624417ADDRESS:314 LYTTON AVEPALO ALTO, CA 94301EXCESS BUSINESS HOLDING [ ] YES [X ] NO

TY 2024 InvestmentsCorpBondsSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Name of Bond End of Year Book Value End of Year Fair Market Value
3M COMPANY 34,882 34,882
ADOBE INC 66,703 66,703
AIR LEASE CORP 133,398 133,398
ALEXANDRIA REAL ESTATE EQUITIES INC 105,093 105,093
AMERIPRISE FINANCIAL INC 79,658 79,658
AON NORTH AMERICA INC 52,936 52,936
APPLE INC 57,719 57,719
ASTRAZENECA FINANCE LLC 170,140 170,140
AT&T INC 73,908 73,908
AUTOMATIC DATA PROCESSING INC 29,065 29,065
BANK OF AMERICA CORPORATION 182,150 182,150
BANK OF NEW YORK MELLON 183,281 183,281
BERRY GLOBAL INC 52,112 52,112
BLACKROCK INC 8,882 8,882
BRISTOL-MEYERS SQUIBB COMPANY 97,887 97,887
BROADCOM INC 41,508 41,508
BUNGE LIMITED FINANCE CORP 66,601 66,601
CALVERT HIGH YIELD BOND FUND 2,167,053 2,167,053
CANADIAN IMPERIAL BANK OF COMMERCE 72,877 72,877
CHARLES SCHWAB CORPORATION 49,864 49,864
CHURCH & DWIGHT CO INC 96,741 96,741
CITIGROUP INC 53,081 53,081
CLOROX COMPANY 89,319 89,319
CROWN CASTLE INTERNATIONAL CORPORATION 58,950 58,950
CUMMINS INC 144,279 144,279
CVS HEALTH CORPORATION 87,178 87,178
EMERSON ELECTRIC CO 65,275 65,275
FEDERATED HERMES INSTITUTIONAL HIGH YIELD BOND FUND 2,167,156 2,167,156
GENERAL MOTORS FINANCIAL COMPANY 72,887 72,887
HUMANA INC 71,502 71,502
INTUIT INC 65,703 65,703
JM SMUCKER CO 26,487 26,487
JOHNSON & JOHNSON 59,127 59,127
JOHNSON CONTROLS INTERNATIONAL 79,261 79,261
JPMORGAN CHASE & CO 180,549 180,549
KEURIG DR PEPPER INC 59,223 59,223
KIMBERLY-CLARK CORP 182,117 182,117
KIMCO REALTY CORPORATION 13,314 13,314
MCDONALD'S CORPORATION 17,480 17,480
MITSUBISHI UFJ FINANCIAL GROUP 54,885 54,885
MORGAN STANLEY 102,119 102,119
NASDAQ INC 74,690 74,690
NIKE INC 75,196 75,196
NXP BV 63,266 63,266
ORACLE CORPORATION 62,489 62,489
PAYPAL HOLDINGS INC 134,380 134,380
PNC FINANCIAL SERVICES GROUP 71,922 71,922
PRUDENTIAL FINANCIAL INC 66,101 66,101
RALPH LAUREN CORP 162,355 162,355
REALTY INCOME CORP 53,831 53,831
ROPER TECHNOLOGIES INC 82,156 82,156
S&P GLOBAL INC 26,944 26,944
SANTANDER UK GROUP HOLDINGS 199,857 199,857
SKYWORKS SOLUTIONS INC 53,098 53,098
SUMITOMO MITSUI FINANCIAL GROUP 204,818 204,818
TARGET CORP 24,391 24,391
THE DOW CHEMICAL CO 98,787 98,787
TORONTO-DOMINION BANK 175,809 175,809
TRUIST FINANCIAL CORP 58,704 58,704
TYCO ELECTRONICS GROUP 62,023 62,023
UNION PACIFIC CORP 24,479 24,479
UNITEDHEALTH GROUP INCORPORATED 178,387 178,387
US BANCORP 54,372 54,372
VERIZON COMMUNICATIONS INC 107,150 107,150

TY 2024 InvestmentsCorpStockSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Name of Stock End of Year Book Value End of Year Fair Market Value
ABB LTD 20,196 20,196
ABBOTT LABORATORIES 94,334 94,334
ABBVIE INC 152,644 152,644
ABN AMRO BANK NV 1,974 1,974
ACCENTURE PLC 113,276 113,276
ADIDAS AG 9,563 9,563
ADOBE INC 95,606 95,606
ADVANCED MICRO DEVICES INC 95,907 95,907
ADVANTEST CORPORATION 12,466 12,466
AENA SME SA 3,884 3,884
AEON CO LTD 5,760 5,760
AFLAC INCORPORATED 25,653 25,653
AGILENT TECHNOLOGIES INC 18,405 18,405
AGNICO-EAGLE MINES LTD 13,061 13,061
AIR GROUP PUBLIC LIMITED 3,444 3,444
AIR LIQUIDE SA 25,738 25,738
AIR PRODUCTS & CHEMICALS INC 31,904 31,904
AISIN CORP 3,155 3,155
AJINOMOTO INC 6,487 6,487
AKAMAI TECHNOLOGIES INC 5,356 5,356
ALBEMARLE CORP 5,681 5,681
ALEXANDRIA REAL ESTATE EQUITIES INC 6,243 6,243
ALLIANZ SE 28,495 28,495
ALLSTATE CORPORATION 24,484 24,484
ALPHABET INC CLASS A 540,830 540,830
ALPHABET INC CLASS C 446,201 446,201
AMADEUS IT GROUP SA 7,062 7,062
AMAZON.COM INC 998,444 998,444
AMCOR PLC 7,744 7,744
AMENTUM HOLDINGS INC 1,262 1,262
AMERICAN EXPRESS COMPANY 84,288 84,288
AMERICAN INTERNATIONAL GROUP INC 22,495 22,495
AMERICAN TOWER CORPORATION 42,735 42,735
AMERIPRISE FINANCIAL INC 34,608 34,608
AMGEN INC 68,548 68,548
ANZ GROUP HOLDINGS LTD 26,277 26,277
AON PUBLIC LIMITED COMPANY 38,071 38,071
AP MOLLER 3,306 3,306
APPLE INC 1,853,609 1,853,609
APTIV PLC 8,951 8,951
ARCH CAPITAL GROUP LTD 16,900 16,900
ARCHER-DANIELS-MIDLAND COMPANY 10,155 10,155
ARTHUR J GALLAGHER & CO 29,804 29,804
ASHAI KASEI CORP 3,253 3,253
ASICS CORP 5,086 5,086
ASM INTERNATIONAL NV 7,522 7,522
ASML HOLDING NV 86,635 86,635
ASSA ABLOY AB 15,853 15,853
ASSICURAZIONI GENERALI SPA 7,878 7,878
ASSURANT INC 5,117 5,117
ASTELLAS PHARMA INC 5,234 5,234
ASTRAZENECA PLC 65,848 65,848
AT&T INC 78,830 78,830
ATLAS COPCO CLASS A 25,246 25,246
ATLAS COPCO CLASS B 1,299 1,299
AUCKLAND INTERNATIONAL AIRPORT 6,605 6,605
AVALONBAY COMMUNITIES INC 13,858 13,858
AVERY DENNISON CORPORATION 5,240 5,240
AXA 19,262 19,262
BALL CORPORATION 7,277 7,277
BANCO BILBAO VIZCAYA SA 13,832 13,832
BANCO SANTANDER SA 16,781 16,781
BANK OF AMERICA CORPORATION 146,441 146,441
BANK OF MONTREAL 25,815 25,815
BANK OF NEW YORK MELLON 36,878 36,878
BANK OF NOVA SCOTIA 24,389 24,389
BARCLAYS PLC 19,496 19,496
BARRICK GOLD CORPORATION 10,649 10,649
BAXTER INTERNATIONAL 7,815 7,815
BAYERISCHE MOTOREN WERKE AKTIE 5,807 5,807
BCE INC 2,225 2,225
BECTON DICKINSON AND COMPANY 30,174 30,174
BEST BUY CO INC 7,207 7,207
BEZEQ - THE ISRAEL TELECOMMUNICATION 1,695 1,695
BIOGEN INC 10,246 10,246
BLACKROCK INC 78,933 78,933
BNP PARIBAS 18,949 18,949
BOLIDEN AB 4,552 4,552
BORGWARNER INC 2,448 2,448
BOSTON SCIENTIFIC CORP 64,757 64,757
BRAMBLES LIMITED 10,078 10,078
BRIDGESTONES CORP 5,097 5,097
BRISTOL-MEYERS SQUIBB COMPANY 53,789 53,789
BROADRIDGE FINANCIAL SOLUTIONS INC 12,661 12,661
BROTHER INDUSTRIES LTD 858 858
BXP INC 6,246 6,246
CAE INC 3,579 3,579
CAESARS ENTERTAINMENT INC 4,111 4,111
CANADIAN IMPERIAL BANK OF COMMERCE 22,447 22,447
CANADIAN NATIONAL RAILWAY CO 19,185 19,185
CANADIAN PACIFIC KANSAS CITY 24,316 24,316
CANON INC 8,735 8,735
CAP GEMINI 8,188 8,188
CARDINAL HEALTH INC 12,418 12,418
CARNIVAL CORPORATION 12,859 12,859
CARRIER GLOBAL CORPORATION 29,011 29,011
CATERPILLAR INC 86,337 86,337
CBOE GLOBAL MARKETS INC 7,034 7,034
CBRE GROUP INC 19,431 19,431
CELLNEX TELECOM SA 5,292 5,292
CENCORA INC 19,997 19,997
CENTENE CORPORATION 14,782 14,782
CGI INC 8,746 8,746
CH ROBINSON WORLDWIDE INC 4,546 4,546
CHARLES SCHWAB CORPORATION 153,514 153,514
CHIPOTLE MEXICAN GRILL INC 39,979 39,979
CHUBB LIMITED 50,287 50,287
CHUGAI PHARMACEUTICAL CO LTD 8,506 8,506
CISCO SYSTEMS INC 115,144 115,144
CITIGROUP INC 63,914 63,914
CITIZENS FINANCIAL GROUP INC 9,890 9,890
CME GROUP INC 38,086 38,086
COLOPLAST AS 3,057 3,057
COMMERZBANK AKTIENGESELLSCHAFT 4,462 4,462
COMMONWEALTH BANK OF AUSTRALIA 61,106 61,106
COMPAGNIE DE SAINT-GOBAIN 12,264 12,264
COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN 5,779 5,779
CONAGRA BRANDS INC 5,855 5,855
CONTINENTAL AKTIENGESELLSCHAFT 2,282 2,282
CORTEVA INC 19,252 19,252
CSX CORPORATION 30,302 30,302
CUMMINS INC 25,448 25,448
CVS HEALTH CORPORATION 27,338 27,338
DAI NIPPON PRINTING LTD 2,514 2,514
DAIFUKU CO LTD 3,958 3,958
DAI-ICHI LIFE HOLDINGS INC 8,785 8,785
DAIICHI SANKYO CO LTD 14,926 14,926
DAIWA HOUSE INDUSTRY LTD 8,871 8,871
DANAHER CORPORATION 71,849 71,849
DANONE 11,463 11,463
DASSAULT SYSTEMES 7,458 7,458
DAVITA INC 2,991 2,991
DAYFORCE INC 6,538 6,538
DBS GROUP HOLDINGS 31,663 31,663
DECKERS OUTDOORS CORP 15,232 15,232
DEERE & COMPANY 52,539 52,539
DELTA AIR LINES INC 19,542 19,542
DENSO CORP 10,780 10,780
DENTSU INC 2,692 2,692
DEUTSCHE BANK AG 9,855 9,855
DEUTSCHE BOERSE AG 11,307 11,307
DEUTSCHE POST AG 6,509 6,509
DEUTSCHE TKM 22,497 22,497
DIAGEO PLC 26,443 26,443
DIGITAL REALTY TRUST INC 26,954 26,954
DISCO CORP 9,136 9,136
DOVER CORPORATION 12,944 12,944
DOW INC 14,206 14,206
DR HORTON INC 20,414 20,414
DSM-FIRMENICH 4,825 4,825
DSV PANALPINA AS 8,068 8,068
EATON CORP PLC 67,370 67,370
EBARA CORP 2,208 2,208
EBAY INC 13,691 13,691
ECOLAB INC 27,181 27,181
EDWARDS LIFESCIENCES CORPORATION 21,987 21,987
ELEVANCE HEALTH INC 42,055 42,055
ELI LILLY & CO 297,992 297,992
EMERSON ELECTRIC CO 34,205 34,205
EPIROC AB 9,515 9,515
EQUINIX INC 44,316 44,316
EQUITY RESIDENTIAL 10,764 10,764
ERICSSON AMERICAN 12,243 12,243
ESSEX PROPERTY TRUST INC 9,420 9,420
ESTEE LAUDER COMPANIES INC 8,098 8,098
EXPEDIA GROUP INC 11,925 11,925
EXTRA SPACE STORAGE INC 15,558 15,558
FACTSET RESEARCH SYSTEMS INC 9,606 9,606
FANUC CORPORATION 8,023 8,023
FAST RETAILING CO LTD 18,835 18,835
FEDERAL REALTY INVESTMENT TRUST 3,135 3,135
FEDEX CORPORATION 31,228 31,228
FERRARI NV 11,046 11,046
FERROVIAL SE 3,909 3,909
FIDELITY NATIONALL INFORMATION SERVICES INC 20,596 20,596
FIFTH THIRD BANCORP 13,487 13,487
FISERV INC 58,339 58,339
FMC FORPORATION 3,014 3,014
FORD MOTOR COMPANY 19,840 19,840
FORTESCUE METALS GROUP LTD 9,311 9,311
FREEPORT-MCMORAN INC 27,570 27,570
FRESENIUS MEDICAL CARE 2,898 2,898
FRESENIUS SE & CO 2,917 2,917
FUJI ELECTRIC CO 3,322 3,322
FUJIFILM HOLDINGS CORPORATION 7,159 7,159
FUJITSU LTD 9,904 9,904
GE AEROSPACE 88,232 88,232
GE VERNOVA LLC 44,406 44,406
GEBERIT AG 5,224 5,224
GENERAL MILLS INC 17,218 17,218
GENERAL MOTORS COMPANY 30,311 30,311
GILEAD SCIENCES 54,406 54,406
GIVAUDAN SA 8,753 8,753
GLOBAL PAYMENTS INC 13,671 13,671
GLOBE LIFE INC 4,795 4,795
GSK PLC 21,307 21,307
HARTFORD FINANCIAL SERVICES GROUP 15,863 15,863
HASBRO INC 3,411 3,411
HEALTHPEACK OP LLC 7,905 7,905
HEIDELBERG MATERIALS 4,324 4,324
HEINEKEN HOLDINGS NV 1,977 1,977
HEINEKEN NV 5,691 5,691
HENKEL AG & CO 3,860 3,860
HERMES INTERNATIONAL 21,640 21,640
HEWLETT PACKARD ENTERPRISE CO 13,792 13,792
HILTON WORLDWIDE HOLDINGS INC 29,659 29,659
HITACHI CONSTRUCTION MACHINERY CO LTD 1,925 1,925
HITACHI LTD 32,466 32,466
HONDA MOTOR LTD 12,790 12,790
HOST HOTELS & RESORTS INC 5,344 5,344
HP INC 14,357 14,357
HSBC HOLDINGS PLC 57,324 57,324
HUBBELL INCORPORATED 11,310 11,310
HUMANA INC 14,969 14,969
HUNTINGTON BANCSHARES INC 13,878 13,878
ICL GROUP LTD 6,852 6,852
ILLINOIS TOOL WORKS 30,681 30,681
INDUSTRIA DE DISENO TEXTIL 12,439 12,439
INFINEON TECHNOLOGIES AG 10,275 10,275
INGERSOLL RAND INC 19,811 19,811
INT FLAVORS & FRAGRANCE 10,146 10,146
INTEL CORPORATION 42,005 42,005
INTERCONTINENTAL HOTELS GROUP 45,150 45,150
INTERPUBLIC GROUP COMPANIES 4,231 4,231
INTESA SANPAOLO SPA 15,817 15,817
INTL BUSINESS MACHINES CORP 98,704 98,704
INVESCO LTD 6,555 6,555
IQVIA HOLDINGS INC 16,703 16,703
IRON MOUNTAIN INCORPORATED 15,977 15,977
ISHARES RUSSELL 2000 SMALL-CAP INDEX FUND 1,277,489 1,277,489
JACOBS ENGINEERING GROUP INC 6,547 6,547
JAPAN AIRLINES CO LTD 634 634
JB HUNT TRANSPORT SERVICES INC 5,290 5,290
JERONIMO MARTINS SGPS SA 2,522 2,522
JM SMUCKER CO 6,057 6,057
JOHNSON CONTROLS INTERNATIONAL 25,810 25,810
JPMORGAN CHASE & CO 332,717 332,717
KAO CORPORATION 5,934 5,934
KBC GROUP NV 15,437 15,437
KDDI CORPORATION 13,202 13,202
KELLANOVA 9,312 9,312
KERING 5,699 5,699
KERRY GROUP PUBLIC LTD 3,476 3,476
KESKO OYJ 1,478 1,478
KEYCORP 9,856 9,856
KIMCO REALTY OP LLC 7,732 7,732
KINGSPAN GROUP PUBLIC LIMITED 9,119 9,119
KIRIN HOLDINGS CO 1,512 1,512
KLA CORP 40,958 40,958
KNORR-BREMSE AG 947 947
KOMATSU LTD 9,549 9,549
KONE OYJ 3,066 3,066
KONINKLIJKE AHOLD NV 6,130 6,130
KROGER COMPANY 19,201 19,201
KUBOTA CORP 3,861 3,861
KURITA WATER INDUSTRIES LIMITED 2,328 2,328
LAM RESEARCH CORPORATION 45,577 45,577
LAS VEGAS SANDS CORP 8,783 8,783
LASERTEC CORP 2,048 2,048
LEGRAND SA 7,537 7,537
LINDE PLC 96,713 96,713
LIXIL GROUP CORPORATION 2,679 2,679
LLOYDS BANKING GROUP PLC 19,369 19,369
LOREAL CO 22,018 22,018
LOWES COMPANIES INC 67,376 67,376
LVMH MOET HENNESSY LOUIS VUITTON SA 44,353 44,353
LY CORP 2,738 2,738
LYONDELLBASELL INDUSTRIES NV 8,838 8,838
M&T BANK CORPORATION 16,169 16,169
MANULIFE FINANCIAL CORP 20,484 20,484
MARATHON PETROLEUM CORPORATION 32,357 32,357
MARKETAXESS HOLDINGS INC 4,069 4,069
MARSH & MCLENNAN CO 49,704 49,704
MARUI LTD 448 448
MASTERCARD INCORPORATED 210,101 210,101
MCCORMICK & CO 8,081 8,081
MCDONALD'S CORPORATION 99,142 99,142
MEDIOBANCA BANCA DI CREDITO 3,134 3,134
MEDTRONIC PUBLIC LIMITED COMPANY 54,478 54,478
MERCEDES-BENZ GROUP AG 9,596 9,596
MERCK & CO 121,266 121,266
META PLATFORMS INC 622,983 622,983
METLIFE INC 23,745 23,745
METTLER-TOLEDO INTERNATIONAL 13,460 13,460
MGM RESORTS INTERNATIONAL 4,262 4,262
MICRON TECHNOLOGY INC 45,699 45,699
MICROSOFT CORPORATION 1,526,252 1,526,252
MINERAL RESOURCES LTD 2,184 2,184
MITSU FUDOSAN CO 9,746 9,746
MITSUBISHI CHEMICAL HOLDINGS 2,875 2,875
MITSUBISHI CORP 20,098 20,098
MITSUBISHI ELECTRIC CORP 10,874 10,874
MITSUBISHI ESTATE LTD 7,869 7,869
MITSUBISHI UFJ FINANCIAL GROUP 40,446 40,446
MITSUI CHEMICALS INC 2,506 2,506
MITSUI OSK LINES LTD 5,327 5,327
MIZUHO FINANCIAL GROUP INC 19,208 19,208
MOHAWK INDUSTRIES INC 3,097 3,097
MONCLER SPA 3,062 3,062
MONDELEZ INTERNATIONAL INC 38,287 38,287
MOODY'S CORPORATION 40,710 40,710
MORGAN STANLEY 90,267 90,267
MOWI ASA 5,213 5,213
MS&AD INSURANCE GROUP HOLDINGS 10,271 10,271
MSCI INC 22,800 22,800
MUENCHENER RUECKVERSICHERUNGS 16,696 16,696
MURATA MANUFACTURING CO LTD 9,715 9,715
NASDAQ INC 19,791 19,791
NATIONAL AUSTRALIA BANK LIMITED 34,283 34,283
NATWEST GROUP PLC 14,065 14,065
NESTLE SA 52,054 52,054
NEWMONT CORP 20,843 20,843
NEXI SPA 1,943 1,943
NIKE INC 43,813 43,813
NIKON CORP 2,900 2,900
NIPPON TELEGRAPH & TELEPHONE 9,073 9,073
NIPPON YUSEN KABUSHIKI KAISHA 6,026 6,026
NISSAN MOTOR CO LTD 3,101 3,101
NITTO DENKO CORP 5,457 5,457
NOKIA CORPORATION 3,730 3,730
NOMURA HOLDINGS INC 8,465 8,465
NOMURA RESEARCH INSTITUTE LTD 4,358 4,358
NORDEA BANK ABP 9,112 9,112
NORDIC SEMICONDUCTOR ASA 1,327 1,327
NORFOLK SOUTHERN CORP 27,225 27,225
NORSK HYDRO ASA 4,521 4,521
NORTHERN TRUST CORP 16,503 16,503
NORWEGIAN CRUISE LINE HOLDINGS LTD 6,098 6,098
NOVARTIS AG 45,249 45,249
NOVO-NORDISK AS 60,042 60,042
NOVOZYMES A/S 3,906 3,906
NSK LTD 717 717
NTT DATA GROUP CORP 4,646 4,646
NUTRIEN LTD 8,189 8,189
NVIDIA CORPORATION 1,609,600 1,609,600
OJI HOLDINGS CORPORATION 1,614 1,614
OLYMPUS CORPORATION 5,415 5,415
OMRON CORP 2,997 2,997
ON SEMICONDUCTOR CORPORATION 12,358 12,358
ORANGE 6,112 6,112
ORIENTAL LAND CO LTD 8,514 8,514
ORKLA AS 6,919 6,919
OTIS WORLWIDE CORPORATION 16,948 16,948
PACCAR INC 26,941 26,941
PACKAGING CORP OF AMERICA 8,555 8,555
PARAMOUNT GLOBAL 2,960 2,960
PAYCHEX INC 21,313 21,313
PAYPAL HOLDINGS INC 42,590 42,590
PEARSON PLC 5,739 5,739
PENTAIR PLC 9,259 9,259
PEPSICO INC 99,751 99,751
PERNOD RICARD 7,811 7,811
PFIZER INC 72,082 72,082
PNC FINANCIAL SERVICES GROUP 36,449 36,449
PPG INDUSTRIES INC 11,348 11,348
PRINCIPAL FINANCIAL GROUP INC 9,908 9,908
PROLOGIS INC 46,402 46,402
PROSUS NV 14,589 14,589
PRUDENTIAL CORP 12,417 12,417
PRUDENTIAL FINANCIAL INC 22,165 22,165
PRYSMIAN SPA 3,320 3,320
PUBLIC STORAGE 23,057 23,057
PUBLICIS GROUPE SA 7,813 7,813
PULTEGROUP INC 11,108 11,108
QBE INSURANCE GROUP LIMITED 8,761 8,761
QUALCOMM INC 82,801 82,801
QUEST DIAGNOSTICS INCORPORATED 6,487 6,487
RAKUTEN GROUP INC 1,798 1,798
RALPH LAUREN CORP 4,620 4,620
RBC EMERGING MARKETS EQUITY FUND 778,037 778,037
RECRUIT HOLDINGS CO LTD 32,763 32,763
REGENCY CENTERS CORPORATION 4,362 4,362
REGENERON PHARMACEUTICAL INC 37,041 37,041
REGIONS FINANCIAL CORPORATION 9,502 9,502
RELX PLC 43,240 43,240
RENTOKIL INITIAL PLC 6,229 6,229
REPUBLIC SERVICES INC 18,911 18,911
RIO TINTO PLC 34,639 34,639
ROCHE HOLDING AG 49,831 49,831
ROCKWELL AUTOMATION INC 14,861 14,861
ROGERS COMMUNICATIONS INC 4,825 4,825
ROHM CO LTD 2,902 2,902
ROYAL BANK OF CANADA 61,701 61,701
ROYAL CARIBBEAN GROUP 27,221 27,221
S&P GLOBAL INC 80,681 80,681
SALESFORCE INC 158,807 158,807
SAMPO OYJ 4,710 4,710
SANDOZ GROUP 4,348 4,348
SANDS CHINA LTD 5,569 5,569
SANOFI 27,250 27,250
SANTEN PHARMACEUTICAL CO LTD 2,379 2,379
SAP SE 61,799 61,799
SBA COMMUNICATIONS CORPORATION 10,598 10,598
SCHNEIDER ELECTRIC SE 37,168 37,168
SECOM LTD 4,578 4,578
SEIKO EPSON CORPORATION 1,720 1,720
SEKISUI CHEMICAL CO LTD 3,455 3,455
SEKISUI HOUSE LTD 7,195 7,195
SEVEN & I HOLDINGS CO LTD 10,840 10,840
SGS SA 2,507 2,507
SHIONOGI & CO LTD 4,533 4,533
SHISEIDO CO LTD 2,748 2,748
SIEMENS AKTIENGESELLSCHAFT 34,950 34,950
SIEMENS HEALTHINEERS 4,188 4,188
SIKA AG 8,906 8,906
SINGAPORE AIRLINES LIMITED 4,447 4,447
SINGAPORE TELECOMMUNICATIONS LTD 7,676 7,676
SKANSKA AB 6,760 6,760
SKF AB 4,190 4,190
SMITH & NEPHEW PLC 7,816 7,816
SMURFIT WESTROCK PUBLIC LIMITED 14,758 14,758
SODEXO 2,142 2,142
SOFTBANK CORP 10,365 10,365
SOFTBANK GROUP CORP 17,095 17,095
SOMPO JAPAN NIPPON KOA HOLDINGS 8,387 8,387
SONY GROUP CORPORATION 37,538 37,538
SOUTHWEST AIRLINES CO 9,884 9,884
SPARK NEW ZEALAND LTD 1,669 1,669
STANLEY BLACK & DECKER INC 5,460 5,460
STANTEC INC 6,041 6,041
STARBUCKS CORP 50,279 50,279
STATE STREET CORPORATION 20,121 20,121
STATE STREET HEDGED INTERNATIONAL DEVELOPED EQUITY INDEX FUND 3,295,242 3,295,242
STELLANTIS NV 5,677 5,677
STMICROELECTRONICS NV 2,722 2,722
STORA ENSO OYJ 1,318 1,318
SUMCO CORPORATION 798 798
SUMITOMO CHEMICAL CO LTD 1,776 1,776
SUMITOMO ELECTRIC LTD 5,956 5,956
SUMITOMO METAL MINING CO LTD 2,621 2,621
SUMITOMO MITSUI FINANCIAL GROUP 26,951 26,951
SUN HUNG KAI PROP LTD 15,741 15,741
SUN LIFE FINANCIAL INC 11,927 11,927
SWEDBANK AB 11,993 11,993
SWISS RE LTD 9,989 9,989
SWISSCOM 2,282 2,282
SYMRISE AG 3,694 3,694
SYNCHRONY FINANCIAL 14,365 14,365
SYSMEX CORPORATION 3,953 3,953
T ROWE PRICE GROUP INC 15,833 15,833
TAIYO YUDEN LTD 866 866
TAKEDA PHARMACEUTICAL CO LTD 12,247 12,247
TAPESTRY INC 7,970 7,970
TARGET CORP 30,280 30,280
TDK CORPORATION 8,572 8,572
TELEFONICA SA 4,655 4,655
TELENOR ASA 7,721 7,721
TELSTRA CORP 8,926 8,926
TESLA INC 546,396 546,396
TEVA PHARMACEUTICAL IND LTD 23,164 23,164
THE CAMPBELL'S COMPANY 4,481 4,481
THE CIGNA GROUP 37,831 37,831
THE HERSHEY COMPANY 10,330 10,330
THE HOME DEPOT INC 189,438 189,438
THE KRAFT HEINZ CO 10,933 10,933
THE MOSAIC COMPANY 3,859 3,859
THE PROCTER & GAMBLE COMPANY 190,450 190,450
THE SONOVA HOLDING AG 3,923 3,923
THE WALT DISNEY COMPANY 97,988 97,988
THOMSON REUTERS CORPORATION 6,255 6,255
TJX COMPANIES INC 64,996 64,996
T-MOBILE US INC 52,975 52,975
TOKIO MARINE HOLDINGS INC 20,884 20,884
TOKYO ELECTRON LIMITED 21,698 21,698
TORAY INDUSTRIES INC 4,155 4,155
TORONTO-DOMINION BANK 33,754 33,754
TOTO LTD 1,235 1,235
TOYOTA MOTOR CORPORATION 65,778 65,778
TRACTOR SUPPLY COMPANY 13,530 13,530
TRANE TECHNOLOGIES PUBLIC LIMITED 44,691 44,691
TRUIST FINANCIAL CORPORATION 29,368 29,368
TYSON FOODS INC 7,008 7,008
UBER TECHNOLOGIES INC 62,069 62,069
UBS GROUP AG 26,712 26,712
UCB SA 16,817 16,817
UDR INC 5,860 5,860
ULTA BEAUTY INC 10,003 10,003
UNICREDIT SOCIETA PER AZIONI 15,737 15,737
UNILEVER PLC 50,917 50,917
UNION PACIFIC CORP 68,412 68,412
UNITED HEALTH GROUP INC 227,637 227,637
UNITED PARCEL SERVICE INC 44,639 44,639
UNITED RENTALS INC 23,951 23,951
UOL GROUP LIMITED 4,206 4,206
UPM-KYMMENE OYJ 3,465 3,465
US BANCORP 35,729 35,729
VENTAS INC 11,601 11,601
VERISK ANALYTICS INC 18,178 18,178
VERIZON COMMUNICATIONS INC 80,500 80,500
VESTAS WIND SYSTEMS AS 2,629 2,629
VINCI SA 15,079 15,079
VISA INC 257,257 257,257
VODAFONE GROUP PLC 11,512 11,512
VOLKSWAGEN AKTIENGESELLSCHAFT 4,738 4,738
VOLVO AB 20,954 20,954
VONOVIA SE 11,840 11,840
WALGREENS BOOTS ALLIANCE INC 3,172 3,172
WALMART INC 189,916 189,916
WASTE MANAGEMENT INC 35,717 35,717
WATERS CORPORATION 11,129 11,129
WELLS FARGO & CO 117,371 117,371
WELLTOWER INC 35,288 35,288
WESFARMERS LIMITED 25,488 25,488
WEYERHAEUSER COMPANY 9,374 9,374
WILLIS TOWERS WATSON PLC 16,288 16,288
WILMAR INTERNATIONAL LIMITED 2,386 2,386
WPP PLC 11,411 11,411
WW GRAINGER INC 22,135 22,135
XYLEM INC 12,762 12,762
YAMAHA CORPORATION 1,229 1,229
YAMAHA MOTOR CO LTD 2,520 2,520
YOKOGAWA ELECTRIC CORPORATION 2,076 2,076
YUM BRANDS INC 16,233 16,233
ZIMMER BIOMET HOLDINGS INC 9,718 9,718
ZURICH INSURANCE GROUP LTD 20,809 20,809

TY 2024 InvestmentsGovtObligationsSch
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
US Government Securities - End of Year Book Value:

3,822,114
US Government Securities - End of Year Fair Market Value:

3,822,114
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:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ACCRUED INTEREST & DIVIDENDS FMV 87,394 87,394
BLUE BEAR CAPITAL PARTNERS II LP FMV 223,410 223,410
CVI CLEAN ENERGY FUND C LP FMV 560,319 560,319
G2VP II LLC FMV 215,718 215,718
GROUNDFORCE GROWTH I LP FMV 220,324 220,324

TY 2024 LegalFeesSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 40,533 0   41,581


TY 2024 OtherExpensesSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LICENSES AND FEES 220 0   200
OTHER EXPENSES 1,750 0   1,750
BOND PREMIUM AMORTIZATION -7,681 -7,681   0
ALTERNATIVE INVESTMENT EXPENSES 0 27,744   0
OTHER INVESTMENT EXPENSES 5,664 5,664   0


TY 2024 OtherIncomeSchedule2
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ALTERNATIVE INVESTMENTS 23,661 -84 23,661
OTHER INVESTMENT INCOME 1,353 1,353 1,353


TY 2024 OtherIncreasesSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Description Amount
UNREALIZED GAIN ON INVESTMENTS 2,211,766


TY 2024 OtherLiabilitiesSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAX LIABILITY 132,000 158,000
EXCISE TAX PAYABLE 0 12,000


TY 2024 OtherProfessionalFeesSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 255,562 255,562   0


TY 2024 TaxesSchedule
Name:
128 COLLECTIVE FOUNDATION
EIN:
83-2899018
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 21,780 21,780   0
EXCISE TAX 86,000 0   0