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
Tent Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)200 Lafayette Street
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
New York, NY10012
A Employer identification number

47-2761733
B Telephone number (see instructions)

(212) 364-6490
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$37,432,798J 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) 8,380,128
2 Check right arrow.............
3 Interest on savings and temporary cash investments 189,437 189,437 189,437
4 Dividends and interest from securities... 192,633 192,633 192,633
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 14,270
b Gross sales price for all assets on line 6a 15,564
7 Capital gain net income (from Part IV, line 2)... 14,270
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,300,832 0 0
12 Total. Add lines 1 through 11........ 10,077,300 396,340 382,070
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,119,961     1,082,071
14 Other employee salaries and wages...... 4,755,944     4,651,007
15 Pension plans, employee benefits....... 1,258,107     1,304,146
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
40,485 0 0 138,887
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
52,625 0 0 84,345
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
20,364 0 0 22,637
17 Interest............... 6,089 6,089    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
61,553 0 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
11,488 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings....... 411,465     428,812
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
667,691 0 0 779,387
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 8,405,772 6,089 0 8,491,292
25 Contributions, gifts, grants paid....... 66,383 66,383
26 Total expenses and disbursements. Add lines 24 and 25 8,472,155 6,089 0 8,557,675
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,605,145
b Net investment income (if negative, enter -0-) 390,251
c Adjusted net income (if negative, enter -0-)... 382,070
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......... 4,138,586 4,445,124 4,445,124
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
5 Grants receivable................. 40,000 2,649 2,649
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) right arrow0
Less: allowance for doubtful accounts right arrow0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 23,817 61,443 61,443
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
1,584,302 		1,584,302
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
3,535,647 		3,535,647
11 Investments—land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 25,554,617 Click to see attachment
List of Attached Documents:
// Content
27,604,697 		27,604,697
14 Land, buildings, and equipment: basis right arrow71,480
Less: accumulated depreciation (attach schedule) right arrow14,594 38,793 Click to see attachment
List of Attached Documents:
// Content
56,886 		56,886
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
248,983 		Click to see attachment
List of Attached Documents:
// Content
142,050 		Click to see attachment
List of Attached Documents:
// Content
142,050
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,044,796 37,432,798 37,432,798
Liabilities 17 Accounts payable and accrued expenses.......... 1,249,754 1,173,919
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 1,249,754 1,173,919
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........... 27,374,733 35,490,933
25 Net assets with donor restrictions............ 1,420,309 767,946
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)..... 28,795,042 36,258,879
30 Total liabilities and net assets/fund balances (see instructions). 30,044,796 37,432,798
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
28,795,042
2
Enter amount from Part I, line 27a .....................
2
1,605,145
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
7,278,243
4
Add lines 1, 2, and 3 ..........................
4
37,678,430
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,419,551
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
36,258,879
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 CAPITAL GAINS DIVIDENDS P    
b 1231 Loss FHU Holdco, LLC 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 15,564     15,564
b     1,294 -1,294
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     0 15,564
b     0 -1,294
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 14,270
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 0
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 5,424
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) Click to see attachment
List of Attached Documents:
// Content
2 0
3 Add lines 1 and 2........................... 3 5,424
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,424
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,600
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 176
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow176 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.TENT.ORG
14
The books are in care ofright arrowNISHANT ROY Telephone no.right arrow (212) 364-6490

Located atright arrow200 LAFAYETTE STNEW YORKNY ZIP+4right arrow10012
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
HAMDI ULUKAYA PRESIDENT/BOARD CHAIRMAN
1.00 		0 0  
200 LAFAYETTE STREET
NEW YORK,NY10012
NISHANT ROY TREASURER
1.00 		0 0  
200 LAFAYETTE STREET
NEW YORK,NY10012
Mehmet Kirdar TREASURER
1.00 		0 0  
200 LAFAYETTE STREET
NEW YORK,NY10012
ORIN SNYDER BOARD MEMBER
1.00 		0 0  
200 LAFAYETTE STREET
NEW YORK,NY10012
ROHINI ANAND BOARD MEMBER
1.00 		0 0  
200 LAFAYETTE STREET
NEW YORK,NY10012
WENDY WOODS BOARD MEMBER
1.00 		0 0  
200 LAFAYETTE STREET
NEW YORK,NY10012
GIDEON MALTZ Exective Director
40.00 		502,847 29,193  
200 LAFAYETTE STREET
NEW YORK,NY10012
SCARLET CRONIN Vice-President, Americas
40.00 		246,596 38,524  
200 LAFAYETTE STREET
NEW YORK,NY10012
JENNI GARGANO CHIEF OF STAFF / SECRETARY
40.00 		214,356 17,151  
200 LAFAYETTE STREET
NEW YORK,NY10012
JONATHAN NEFF SENIOR MANAGER FIN AND OPS
40.00 		156,162 13,889  
200 LAFAYETTE STREET
NEW YORK,NY10012
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
VERONICA ROSSINI Vice-Pres, Europe
40.00 		234,066 23,861  
200 LAFAYETTE STREET
NEW YORK,NY10012
YARON SCHWARTZ Director, Tent U.S.
40.00 		215,200 17,743  
200 LAFAYETTE STREET
NEW YORK,NY10012
HAIWEN LU VP, Global Comm/Mkt
40.00 		230,960 13,394  
200 LAFAYETTE STREET
NEW YORK,NY10012
ILEANA CRUZ-MARDEN Dir, Partnerships
40.00 		191,724 26,653  
200 LAFAYETTE STREET
NEW YORK,NY10012
Laura Velez Villa Dir Hiring Solutions
40.00 		204,162 6,438  
200 LAFAYETTE STREET
NEW YORK,NY10012
Total number of other employees paid over $50,000...................right arrow 40
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
Dinamica Americas Marketing 120,000
602 Office Center Drive Suite 120
Fort Washington,PA19034
Toptal Technology 72,064
548 Market Street 36879
San Francisco,CA94104
The Corporate Agenda LLC Marketing 57,500
228 Park Avenue South Suite 36737
New York,NY100031502
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 Tent's Europe initiative collaborates with major companies to connect refugees to job opportunities across the region. By working directly with employers, Tent aims to leverage their industry expertise to break down the exclusion refugees often face in accessing the workforce. 2,546,979
2 Tent's Americas initiative partners with leading companies to expand refugee employment opportunities across North and South America. This program mobilizes businesses to apply their strengths toward addressing barriers that prevent refugees from fully participating in the workforce. 2,528,361
3 Other Programs, including Tent's Hiring Initiatives - Tent's digital platform that connects refugees in Mexico and Poland with employment opportunities by partnering with major companies to bridge the "last mile" between training and hiring, ensuring refugees are job-ready and successfully integrated into the workforce. 1,333,139
4 Tent's mentorship programs help refugees overcome barriers to restarting their careers in new communities. Through these programs, Tent pairs refugees with employees from leading companies who provide professional guidance, networking opportunities, and career development support. 734,665
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
1,379,668
b
Average of monthly cash balances.......................
1b
6,005,027
c
Fair market value of all other assets (see instructions)................
1c
27,604,697
d
Total (add lines 1a, b, and c).........................
1d
34,989,392
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
34,989,392
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
524,841
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
34,464,551
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,723,228
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
8,557,675
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
8,557,675
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
382,070 5,512     387,582
b 85% (0.85) of line 2a ......... 324,760 4,685     329,445
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		8,557,675 7,032,786     15,590,461
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		66,383 2,500     68,883
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		8,491,292 7,030,286     15,521,578
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 .. 		1,148,819 912,877     2,061,696
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).)
HAMDI ULUKAYA PRES and CHAIR
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

THRU FHU HOLDCO LLC

200 LAFAYETTE STREET
NEW YORK,NY10012 		N/A PC General Support 66,383
Total .................................right arrow 3a 66,383
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 189,437  
4 Dividends and interest from securities ....     14 192,633  
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 14,270  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFHU Holdco, LLC K-1 		531390 1,300,832      
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 1,300,832 396,340 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,697,172
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID: 24020961
Software Version: 2024v5.1


Form 990PF - Special Condition Description:
Special Condition Description
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
Tent Foundation Inc
 
Employer identification number

47-2761733
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
Tent Foundation Inc
  		Employer identification number
47-2761733
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
Chobani LLC
 
200 Lafayette Street 6th Floor
 
New York, NY10012

$ 8,020,129


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
The Starbucks Foundation
 
2401 Utah Ave S Suite 800
 
Seattle, WA98134

$ 40,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
Hilton Foundation
 
1 Dole Drive
 
Westlake Village, CA91362

$ 50,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
Marriott International Inc
 
7750 Wisconsin Ave
 
Bethesda, MD20814

$ 50,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
McDonald's
 
110 N Carpenter St
 
Chicago, IL60607

$ 50,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
Gap Inc
 
2 Folsom St
 
San Francisco, CA94105

$ 200,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
Tent Foundation Inc
  		Employer identification number
47-2761733
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
7
Mastercard
 
2000 Purchase St
 
Purchase, NY10577

$ 10,000


(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
Tent Foundation Inc
  		Employer identification number

47-2761733
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
 Office Expenses $ 1,800 2024-12-31
(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
Tent Foundation Inc
  		Employer identification number

47-2761733
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: 24020961
Software Version: 2024v5.1

TY 2024 AccountingFeesSchedule
Name:
Tent Foundation Inc
EIN:
47-2761733
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 52,625     84,345

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

TY 2024 DepreciationSchedule
Name:
Tent Foundation Inc
EIN:
47-2761733
Software ID:
24020961
Software Version:
2024v5.1
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
Computer Equipment   71,480 3,106 SL 5.0 11,488      

TY 2024 InvestmentsCorpBondsSchedule
Name:
Tent Foundation Inc
EIN:
47-2761733
Software ID:
24020961
Software Version:
2024v5.1
Name of Bond End of Year Book Value End of Year Fair Market Value
GS HIGH YIELD FUND CLASS P 376,424 376,424
AIR LEASE CORP 4.625% 10/01/2028 USD SER 10Y SR LIEN 45,749 45,749
AMERICAN EXPRESS COMPANY HYBRID 04/25/2030 USD SR 53,494 53,494
AMERICAN HONDA FINANCE MTN 2.35% 01/08/2027 USD SR 36,694 36,694
AMERICAN TOWER CORPORATION 3.6% 01/15/2028 USD SR 17,603 17,603
ANTHEM INC 4.101% 03/01/2028 USD SR LIEN Next Call Dt. 30,739 30,739
AON NORTH AMERICA, INC. 5.15% 03/01/2029 USD SR LIEN 30,611 30,611
AUTOZONE, INC. 5.4% 07/15/2034 SR LIEN Next Call Dt. 04 15 19,414 19,414
B.A.T. CAPITAL CORPORATION 2.259% 03/25/2028 USD SR 23,119 23,119
BANK OF AMERICA CORPORATION HYBRID MTN 10/22/2030 53,607 53,607
BANK OF NEW YORK MELLON CORPOR HYBRID MTN 51,789 51,789
BAXTER INTERNATIONAL INC 2.539% 02/01/2032 USD SR 15,204 15,204
BHP BILLITON FINANCE (USA) LIM 5.25% 09/08/2026 USD SR 17,456 17,456
BUNGE LIMITED FINANCE CORP. 2.75% 05/14/2031 USD SR 29,530 29,530
CANADIAN IMPERIAL BANK OF COMM HYBRID 09/11/2030 SR 54,660 54,660
CARDINAL HEALTH, INC. 5.125% 02/15/2029 USD SR LIEN 19,396 19,396
CARRIER GLOBAL CORPORATION 2.7% 02/15/2031 USD SER 16,684 16,684
CENTERPOINT ENERGY RESOURCES C 4.4% 07/01/2032 USD 37,799 37,799
CENTERPOINT ENERGY RESOURCES C 5.25% 03/01/2028 USD 15,405 15,405
CITIGROUP INC. HYBRID 01/29/2031 USD SR LIEN CPN 46,589 46,589
COMCAST CORPORATION 5.65% 06/15/2035 SR LIEN S&P A- 44,013 44,013
CROWN CASTLE INC 5.0% 01/11/2028 USD SR LIEN Next Call 23,520 23,520
CVS HEALTH CORPORATION 5.7% 06/01/2034 USD SR LIEN 21,735 21,735
DOW CHEMICAL CO/THE 5.15% 02/15/2034 USD SR LIEN Next 29,926 29,926
EBAY INC. 2.6% 05/10/2031 USD SR LIEN Next Call Dt. 02 10 30,302 30,302
ENBRIDGE INC 4.25% 12/01/2026 USD SR LIEN Next Call Dt. 18,885 18,885
ENERGY TRANSFER LP 5.75% 02/15/2033 USD SR LIEN Next 22,780 22,780
EVERSOURCE ENERGY 5.85% 04/15/2031 USD SR LIEN Next 15,585 15,585
FOX CORPORATION 4.709% 01/25/2029 USD SER WI SR LIEN 23,203 23,203
GENERAL MOTORS FINL CO 5.75% 02/08/2031 USD SR LIEN 22,793 22,793
HUMANA INC. 5.375% 04/15/2031 USD SR LIEN Next Call Dt. 22,072 22,072
INTERCONTINENTAL EXCHANGE, INC 3.625% 09/01/2028 SER 32,034 32,034
JPMORGAN CHASE & CO. HYBRID 04/23/2029 USD SR LIEN 53,751 53,751
L3HARRIS TECHNOLOGIES, INC. 4.4% 06/15/2028 USD SR LIEN 22,638 22,638
MORGAN STANLEY HYBRID 12/10/2026 USD SR LIEN CPN 55,968 55,968
MPLX LP 5.0% 03/01/2033 USD SR LIEN Next Call Dt. 12 01 32 21,501 21,501
NEXTERA ENERGY CAPITAL HOLDING 1.875% 01/15/2027 USD 23,837 23,837
NORFOLK SOUTHERN CORP 2.9% 06/15/2026 USD SR LIEN 26,407 26,407
NUTRIEN LTD. 4.9% 03/27/2028 USD SR LIEN Next Call Dt. 02 35,435 35,435
NXP B.V. 2.5% 05/11/2031 USD SER WI SR LIEN Next Call Dt. 29,963 29,963
PHILIP MORRIS INTERNATIONAL IN 3.125% 03/02/2028 USD 24,038 24,038
PNC FINANCIAL SERVICES GROUP, HYBRID 01/24/2034 USD SR 22,933 22,933
REALTY INCOME CORP 3.4% 01/15/2028 USD SR LIEN Next 36,080 36,080
RELX CAPITAL INC 4.75% 05/20/2032 USD SR LIEN Next Call 30,385 30,385
ROPER TECHNOLOGIES INC 4.5% 10/15/2029 SR LIEN Next Call 22,954 22,954
SABINE PASS LIQUEFACTION, LLC 4.2% 03/15/2028 USD SER 46,466 46,466
SIMON PROPERTY GROUP, L.P. 2.45% 09/13/2029 USD SR LIEN 41,707 41,707
STATE STREET CORPORATION HYBRID 02/20/2029 SR LIEN 55,285 55,285
THE BANK OF NOVA SCOTIA HYBRID 09/08/2028 SR LIEN CPN 24,078 24,078
THE CIGNA GROUP 5.25% 02/15/2034 USD SR LIEN Next Call 30,025 30,025
TRUIST FINANCIAL CORPORATION HYBRID MTN 01/26/2029 23,367 23,367
U.S. BANCORP HYBRID 10/21/2033 USD SR LIEN CPN 10/21/22 21,710 21,710
U.S. TREASURY NOTE 1.250000% 09/30/2028 MS ON THE RUN 51,114 51,114
U.S. TREASURY NOTE 2.000000% 02/15/2025 FA OFF THE RUN 57,269 57,269
U.S. TREASURY NOTE 2.250000% 08/15/2027 FA OFF THE RUN 436,316 436,316
U.S. TREASURY NOTE 2.250000% 11/15/2027 MN OFF THE 29,394 29,394
U.S. TREASURY NOTE 2.625000% 07/31/2029 JJ ON THE RUN 94,801 94,801
U.S. TREASURY NOTE 2.625000% 12/31/2025 JD ON THE RUN 45,298 45,298
U.S. TREASURY NOTE 3.500000% 01/31/2028 JJ ON THE RUN 30,740 30,740
U.S. TREASURY NOTE 3.500000% 01/31/2030 JJ ON THE RUN 272,701 272,701
U.S. TREASURY NOTE 3.875000% 01/15/2026 JJ ON THE RUN 46,671 46,671
U.S. TREASURY NOTE 3.875000% 08/15/2033 FA ON THE RUN 204,896 204,896
U.S. TREASURY NOTE 3.875000% 08/15/2034 FA ON THE RUN 97,004 97,004
U.S. TREASURY NOTE 4.000000% 02/29/2028 FA ON THE RUN 31,129 31,129
U.S. TREASURY NOTE 4.000000% 06/30/2028 JD ON THE RUN 31,665 31,665
U.S. TREASURY NOTE 4.250000% 06/30/2031 JD ON THE RUN 57,266 57,266
U.S. TREASURY NOTE 4.750000% 07/31/2025 JJ ON THE RUN 71,586 71,586
WASTE CONNECTIONS INC 4.25% 12/01/2028 USD SR LIEN 30,455 30,455

TY 2024 InvestmentsCorpStockSchedule
Name:
Tent Foundation Inc
EIN:
47-2761733
Software ID:
24020961
Software Version:
2024v5.1
Name of Stock End of Year Book Value End of Year Fair Market Value
SPDR S&P 500 ETF TRUST (SPY) 1,058,482 1,058,482
ISHARES RUSSELL 2000 ETF (IWM) 100,537 100,537
VANGUARD FTSE EMERGING MKTS ETF (VWO) 52,408 52,408
GS GQG PARTNERS INTERNATIONAL OPPORTUNITIES FUND CLASS P (GGIPX) 372,875 372,875

TY 2024 InvestmentsOtherSchedule2
Name:
Tent Foundation Inc
EIN:
47-2761733
Software ID:
24020961
Software Version:
2024v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
FHU HOLDCO, LLC FMV 27,604,697 27,604,697

TY 2024 LandEtcSchedule2
Name:
Tent Foundation Inc
EIN:
47-2761733
Software ID:
24020961
Software Version:
2024v5.1
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
EQUIPMENT 71,480 14,594 56,886 56,886


TY 2024 LegalFeesSchedule
Name:
Tent Foundation Inc
EIN:
47-2761733
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 40,485     138,887


TY 2024 OtherAssetsSchedule
Name:
Tent Foundation Inc
EIN:
47-2761733
Software ID:
24020961
Software Version:
2024v5.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
REFUNDABLE DEPOSITS 248,983 142,050 142,050


TY 2024 OtherDecreasesSchedule
Name:
Tent Foundation Inc
EIN:
47-2761733
Software ID:
24020961
Software Version:
2024v5.1
Description Amount
FHU Holdco K-1 Net Income 1,419,551


TY 2024 OtherExpensesSchedule
Name:
Tent Foundation Inc
EIN:
47-2761733
Software ID:
24020961
Software Version:
2024v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSES 215,066     231,116
PR, PRINTING & PUBLICATIONS 261,164     306,254
PROGRAM DEVELOPMENT 182,595     242,017
FHU Holdco LLC Nondeductible Expenses 8,866      


TY 2024 OtherIncomeSchedule2
Name:
Tent Foundation Inc
EIN:
47-2761733
Software ID:
24020961
Software Version:
2024v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FHU Holdco, LLC 1,300,832    


TY 2024 OtherIncreasesSchedule
Name:
Tent Foundation Inc
EIN:
47-2761733
Software ID:
24020961
Software Version:
2024v5.1
Description Amount
Unrealized Gains on investments 1,937,627
FHU Holdco Distribution 5,340,616


TY 2024 OtherProfessionalFeesSchedule
Name:
Tent Foundation Inc
EIN:
47-2761733
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES 20,364     22,637


TY 2024 TaxesSchedule
Name:
Tent Foundation Inc
EIN:
47-2761733
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Tax 5,600      
State UBIT Taxes 55,953