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
Daniel J Kobasic Foundation
 
% Todd C LaFave
Number and street (or P.O. box number if mail is not delivered to street address)3939 1375 Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Escanaba, MI49829
A Employer identification number

83-1149474
B Telephone number (see instructions)

(906) 553-3282
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$48,189,550J 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) 8,032,391
2 Check right arrow.............
3 Interest on savings and temporary cash investments 6,566 6,566  
4 Dividends and interest from securities... 610,740 610,740  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 1,986,237
8 Net short-term capital gain......... 133,448
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).......      
12 Total. Add lines 1 through 11........ 8,649,697 2,603,543 133,448
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 38,730 3,873   34,857
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
6,252 625   5,627
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,033 903   8,130
c Other professional fees (attach schedule)....        
17 Interest............... 41 41    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
15,032 8,755    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 8,091     8,091
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,076 993   3,083
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 81,255 15,190   59,788
25 Contributions, gifts, grants paid....... 2,328,070 1,886,070
26 Total expenses and disbursements. Add lines 24 and 25 2,409,325 15,190   1,945,858
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,240,372
b Net investment income (if negative, enter -0-) 2,588,353
c Adjusted net income (if negative, enter -0-)... 133,448
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............. 416,299 173,199 173,199
2 Savings and temporary cash investments......... 231,004 305,176 305,176
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)   Click to see list of attachments
List of Attached Documents:
// Content
1,658,328 		1,645,971
b Investments—corporate stock (attach schedule)....... 21,377,178 Click to see attachment
List of Attached Documents:
// Content
28,662,985 		45,600,736
c Investments—corporate bonds (attach schedule)....... 102,380 Click to see attachment
List of Attached Documents:
// Content
90,274 		52,477
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).......... 2,818,585 Click to see attachment
List of Attached Documents:
// Content
189,223 		398,976
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)   13,015 Click to see attachment
List of Attached Documents:
// Content
13,015
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 24,945,446 31,092,200 48,189,550
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
93,618 		 
23 Total liabilities (add lines 17 through 22)......... 93,618 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 24,851,828 31,092,200
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)..... 24,851,828 31,092,200
30 Total liabilities and net assets/fund balances (see instructions). 24,945,446 31,092,200
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
24,851,828
2
Enter amount from Part I, line 27a .....................
2
6,240,372
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
31,092,200
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
31,092,200
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 Gain Distributions D    
b CUSIP 3130AUNJ9 P 2024-07-12 2024-10-28
c 20 CALL AAPL 092024 235 P 2024-07-25 2024-07-25
d 12 CALL MSFT 092024 470 P 2024-07-25 2024-07-25
e 15 CALL AAPL 041924 165 P 2024-04-19 2024-04-19
15 CALL AAPL 041924 175 P 2023-10-16 2024-04-22
15 CALL AAPL 041924 185 P 2024-03-04 2024-03-04
10 CALL LLY 101824 1020 P 2024-09-24 2024-09-24
20 CALL AAPL 122024 245 P 2024-11-07 2024-11-07
20 CALL AAPL 101824 230 P 2024-10-14 2024-10-14
15 CALL MSFT 122024 440 P 2024-12-19 2024-12-19
5 CALL LLY 092024 970 P 2024-07-25 2024-07-25
2150 SH AAPL D 2019-03-25 2024-07-12
530 sh LLY D 2019-03-25 2024-07-12
1100 sh MSFT D 2019-03-25 2024-07-12
2000 sh MSFT D 2019-03-25 2024-04-19
(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 15,359     15,359
b 450,000   450,000  
c 11,638     11,638
d 11,044     11,044
e 17,015     17,015
24,715     24,715
13,374     13,374
13,002     13,002
9,749     9,749
11,958     11,958
4,484     4,484
16,469     16,469
499,065   91,531 407,534
502,087   44,994 457,093
500,967   92,323 408,644
732,019   167,860 564,159
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       15,359
b        
c       11,638
d       11,044
e       17,015
      24,715
      13,374
      13,002
      9,749
      11,958
      4,484
      16,469
      407,534
      457,093
      408,644
      564,159
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 1,986,237
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 3 133,448
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 35,978
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  
3 Add lines 1 and 2........................... 3 35,978
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 35,978
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a  
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 36,744
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 36,744
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
8 727
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 39
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow39 Refundedright arrow 11  
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 arrowMI
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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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 arrow  
14
The books are in care ofright arrowTodd C LaFave Telephone no.right arrow (906) 553-3282

Located atright arrow3939 1375 RoadEscanabaMI ZIP+4right arrow49829
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
 
No
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)
Yes
 
(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
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
No
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
 
No
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
KRYSTAL KOBASIC Director
2.00 		14,930 0 6,514
360 Chenery St
San Francisco,CA94131
ARTHUR H EVANSClick to see attachment
List of Attached Documents:
// Content
Director
0.20 		6,253 0 0
161 N Clark St STE 4200
Chicago,IL60601
TODD C LAFAVEClick to see attachment
List of Attached Documents:
// Content
Chief Finanical Office
1.50 		9,033 0 0
3939 1375 RD
Escanaba,MI49829
DANICA K STANCIU Director
2.00 		23,800 0 1,772
439 10th St NE
Washington,DC20002
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
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 arrow  
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
39,837,022
b
Average of monthly cash balances.......................
1b
304,951
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
40,141,973
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
40,141,973
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
602,130
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
39,539,843
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,976,992
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,976,992
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
35,978
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
35,978
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,941,014
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,941,014
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,941,014
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,945,858
b
Program-related investments—total from Part VIII-B..................
1b
 
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
1,945,858
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 1,941,014
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 1,670,293
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$ 1,945,858
a Applied to 2023, but not more than line 2a 1,670,293
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..... 275,565
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 .......... 		1,665,449
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
0       0
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		        0
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).)
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

ACAP

2401 East St
Concord,CA94520 		  PC Public charity de General operations 5,000

Bay Cliff Health Camp

PO BOX 310
Big Bay,MI49808 		  PC Public charity de Lake access project 115,000

Bay Cliff Health Camp

PO BOX 310
Big Bay,MI49808 		  PC Public charity de Year end picnic 2,500

Bay de Noc Community College

2001 N Lincoln Rd
Escanaba,MI49829 		  PC Public charity de Scholarships 13,358

Catholic Social Services of the UP

347 Rock St
Marquette,MI49855 		  PC Public charity de Recovery house operations 5,000

City of Escanaba

225 N 21st St
Escanaba,MI49829 		  GOV Domestic or fore City band centennial celebration 5,000

Delta County Chamber of Commerce

1001 N Lincoln Rd
Escanaba,MI49829 		  PC Public charity de Mortgage paydown 50,000

Delta County Chamber of Commerce

1001 N Lincoln Rd
Escanaba,MI49829 		  PC Public charity de Event sponsorship 1,100

Delta Schoolcraft ISD

2525 3rd Ave S
Escanaba,MI49829 		  PC Public charity de Construction of instructional building 305,000

Friends of the Escanaba Public Library

400 Ludington St
Escanaba,MI49829 		  PC Public charity de Purchase of library materials 3,000

Holy Name Catholic School

409 S 22nd St
Escanaba,MI49829 		  PC Public charity de Teacher salary support 264,000

Holy Name Catholic School

409 S 22nd St
Escanaba,MI49829 		  PC Public charity de Band programming 6,000

InvestUP

101 W Washington St Ste 13
Marquette,MI49855 		  PC Public charity de Economic development 20,000

La Scuola International School

728 20th St
San Francisco,CA94107 		  PC Public charity de Education 2,500

Lawrence University

711 E Boldt Way Ste 33
Appleton,WI54911 		  PC Public charity de Scholarship 15,000

MAPS Education Foundation

PO Box 714
Marquette,MI49855 		  PC Public charity de Educational facilities 134,447

Michigan Technological University

1400 Townsend Dr
Houghton,MI49931 		  PC Public charity de Scholarships 16,081

OSF Healthare Foundation

3401 Ludington St
Escanaba,MI49829 		  PC Public charity de Construction of cancer clinic 308,663

OSF Healthcare Foundation

3401 Ludington St
Escanaba,MI49829 		  PC Public charity de Fundraiser sponsorship 1,000

Pancreatic Cancer Action Network

PO BOX 5046
Boone,IA50950 		  PC Public charity de Cancer research 250,000

Rapid River Schools Foundation

10070 US 2
Rapid River,MI49878 		  PC Public charity de Robotics competition travel expenses 15,000

Save Ukraine

101 Park Ave
New York,NY10017 		  PC Public charity de Child rescue 110,000
JACOB SCHAEFER


13477 10th Rd
Garden,MI49835 		None I Individual person Educational materials 359

Sharing Notes

3712 N Broadway
Chicago,IL60613 		  PC Public charity de Musical programming 10,000

St Anne Parish

817 S Lincoln Rd
Escanaba,MI49829 		  PC Public charity de General operations 3,070

St Anthony of Padua Parish

1820 9th Ave N
Escanaba,MI49829 		  PC Public charity de General operations 3,070

St Joseph & St Patrick Parish

709 1st Ave S
Escanaba,MI49829 		  PC Public charity de General operations 3,070

St Thomas the Apostle Parish

1820 9th Ave N
Escanaba,MI49829 		  PC Public charity de General Operations 3,070

Steve Mariucci Family Beacon House

200 S 7th St
Marquette,MI49855 		  PC Public charity de General operations 10,000

The William Bonifas Fine Arts Center

700 1st Ave S
Escanaba,MI49829 		  PC Public charity de Fundraiser sponsorship 400

The William Bonifas Fine Arts Center

700 1st Ave S
Escanaba,MI49829 		  PC Public charity de Roof replacement 119,100

The William Bonifas Fine Arts Center

700 1st Ave S
Escanaba,MI49829 		  PC Public charity de Community outreach 5,500

University of Michigan

515 E Jefferson
Ann Arbor,MI48109 		  PC Public charity de Scholarships 789

University of Notre Dame

PO BOX 11116
South Bend,IN46634 		  PC Public charity de Scholarship 15,000

UP State Fair

1001 N Lincoln Rd
Escanaba,MI49829 		  PC Public charity de Event sponsorship 50,000

Western Michigan University

1903 W Michigan Ave
Kalamazoo,MI49008 		  PC Public charity de Scholarship 8,994

WNMU-TV

1401 Presque Isle Ave
Marquette,MI49855 		  PC Public charity de Science programming 3,500

WNMU-FM

1401 Presque Isle Ave
Marquette,MI49855 		  PC Public charity de Classical music programming 2,500
Total .................................right arrow 3a 1,886,071
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 6,566  
4 Dividends and interest from securities ....     14 610,740  
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 ............ 		         
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) ..   617,306  
13Total. Add line 12, columns (b), (d), and (e)..................
13
617,306
(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:  
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
Daniel J Kobasic Foundation
 
Employer identification number

83-1149474
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
Daniel J Kobasic Foundation
  		Employer identification number
83-1149474
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
Daniel J Kobasic Tr Dtd Oct 24 2017
 
3939 1375 Rd
 
Escanaba, MI49829

$ 7,140,281


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
Daniel J Kobasic Tr Dtd Oct 24 2017
 
3939 1375 Road
 
Escanaba, MI49829

$ 892,109


(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
Daniel J Kobasic Foundation
  		Employer identification number

83-1149474
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 $ 7,140,281 2024-12-23
(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
Daniel J Kobasic Foundation
  		Employer identification number

83-1149474
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:
Daniel J Kobasic Foundation
EIN:
83-1149474
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 9,033 903   8,130

TY 2024 CompensationExplanation
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
Person Name Explanation
ARTHUR H EVANS Directors fees and legal services.
TODD C LAFAVE Directors fees and accounting and financial management services.

TY 2024 CompensationExplanation
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
Person Name Explanation
ARTHUR H EVANS Directors fees and legal services.
TODD C LAFAVE Directors fees and accounting and financial management services.

TY 2024 InvestmentsCorpBondsSchedule
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
Name of Bond End of Year Book Value End of Year Fair Market Value
3565 sh FAX 90,274 52,477

TY 2024 InvestmentsCorpStockSchedule
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
Name of Stock End of Year Book Value End of Year Fair Market Value
4260 sh MMM 718,557 549,923
500 sh ABBNY 8,824 26,855
4000 sh ABT 471,000 452,440
1000 sh ABBV 116,200 177,700
1210 sh AFL 123,847 125,162
350 sh ALL 67,470 67,477
2000 sh GOOGL 385,250 378,600
2000 sh GOOG 388,120 380,880
5000 sh MO 280,475 261,450
325 sh AMGN 85,421 84,708
33850 sh AAPL 1,601,867 8,476,717
4000 sh T 90,920 91,080
485 sh ATI 10,585 26,694
5000 sh BAC 212,575 219,750
1000 sh BA 367,050 177,000
6000 sh BMY 405,510 339,360
1500 sh CARR 102,705 102,390
800 sh CAT 291,138 290,208
775 sh CVX 110,394 112,251
7500 sh CSCO 394,406 444,000
20500 sh CLF 191,225 192,700
24600 sh KO 1,192,965 1,531,596
1000 sh COP 95,730 99,170
2000 sh ED 170,030 178,460
36 sh CEG 8,119 8,054
5300 sh GLW 182,753 251,856
2500 sh CMI 491,493 871,500
300 sh CVS 13,190 13,467
400 sh DE 171,926 169,480
900 sh DOW 37,133 37,281
133 sh DUK 14,351 14,329
929 sh DD 29,847 70,836
193 sh ETN 64,917 64,051
800 sh EBAY 51,394 49,560
6170 sh LLY 996,000 4,763,240
196 sh ENB 8,115 8,316
110 sh EXC 4,080 4,140
1000 sh XOM 105,760 107,570
6000 sh F 55,966 59,400
300 sh GD 79,304 79,047
7000 sh GIS 380,625 446,390
1300 sh HD 411,665 505,687
300 sh HON 64,190 67,767
1575 sh HPQ 51,904 51,392
500 sh HUBB 57,493 209,445
529 sh IR 48,454 47,853
13000 sh INTC 700,285 260,650
550 sh IBM 122,326 120,907
4600 sh JNJ 632,134 665,252
1300 sh JPM 212,124 311,623
200 sh KMB 26,164 26,208
491 sh PHG 12,433 12,432
110 sh KD 3,643 3,806
200 sh LIN 84,334 83,734
700 sh LMT 271,499 340,158
11000 sh MCD 2,223,985 3,188,790
10500 sh MRK 794,007 1,044,540
15650 sh MSFT 2,299,176 6,596,475
3000 sh MDLZ 191,130 179,190
142 sh MSI 66,303 65,637
300 sh NSC 70,382 70,410
2000 sh NUE 169,518 233,420
1005 sh ORCL 169,236 167,473
1050 sh OGN 37,874 15,666
750 sh OTIS 69,919 69,458
500 sh PYPL 43,303 42,675
200 sh PEP 30,212 30,412
5000 sh PFE 189,405 132,650
3000 sh PM 293,625 361,050
1000 sh PSX 109,933 113,930
1380 sh PG 190,806 231,357
220 sh PEG 18,598 18,588
500 sh QCOM 78,310 76,810
2000 sh RHHBY 68,780 69,760
1000 sh RTX 116,340 115,720
3750 sh SCHD 95,336 102,450
3000 sh SJM 345,402 330,360
1065 sh SOLV 111,520 70,354
1525 sh SYK 392,421 549,076
822 sh TSM 168,080 162,337
155 sh TGT 20,252 20,953
330 sh TXN 62,114 61,878
5000 sh TSCO 266,650 265,300
600 sh TT 225,078 221,610
3600 sh UNP 622,133 820,944
600 sh USB 28,749 28,698
4000 sh VALE 35,540 35,480
1413 sh VZ 56,492 56,506
620 sh VTRS 10,382 7,719
1275 sh WMT 115,011 115,196
18350 sh DIS 2,009,468 2,043,273
967 sh WBD 9,904 10,221
100 sh WHR 11,438 11,448
1000 sh XYL 117,191 116,020
1000 sh ZBH 106,275 105,630
100 sh ZIMV 1,363 1,395
225 sh FXI 6,884 6,849
3500 sh IEV 191,336 182,210
4037 sh EWJ 275,222 270,883
See Attached 2,872,017 2,667,933

TY 2024 InvestmentsGovtObligationsSch
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
US Government Securities - End of Year Book Value:

301,557
US Government Securities - End of Year Fair Market Value:

299,745
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2024 InvestmentsGovtObligationsSch
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
US Government Securities - End of Year Book Value:

301,557
US Government Securities - End of Year Fair Market Value:

299,745
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2024 InvestmentsGovtObligationsSch
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
US Government Securities - End of Year Book Value:

301,557
US Government Securities - End of Year Fair Market Value:

299,745
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2024 InvestmentsGovtObligationsSch
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
US Government Securities - End of Year Book Value:

301,557
US Government Securities - End of Year Fair Market Value:

299,745
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2024 InvestmentsGovtObligationsSch
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
US Government Securities - End of Year Book Value:

301,557
US Government Securities - End of Year Fair Market Value:

299,745
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2024 InvestmentsOtherSchedule2
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
3000 sh IRM AT COST 105,548 315,330
500 sh DOC AT COST 10,030 10,135
131 sh AVB AT COST 28,978 28,816
300 sh BXP AT COST 22,482 22,308
130 SPG AT COST 22,185 22,387
  AT COST    
  AT COST    
  AT COST    
  AT COST    
  AT COST    
  AT COST    
  AT COST    
  AT COST    
  AT COST    
  AT COST    
  AT COST    
  AT COST    
  AT COST    
  AT COST    
See attached FMV    

TY 2024 LegalFeesSchedule
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 6,252 625   5,627


TY 2024 OtherAssetsSchedule
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Ppd Int Rec on Bond Purch   13,015 13,015


TY 2024 OtherExpensesSchedule
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Insurance 1,650 825   825
ADR Fees 168 168    
Office Supplies 219     219
Membership Dues 1,845     1,845
Advertising Expenses 194     194


TY 2024 OtherLiabilitiesSchedule
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
Description Beginning of Year - Book Value End of Year - Book Value
Call option liabilities 93,618  


TY 2024 SubstantialContributorsSch
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
Name Address
Daniel J Kobasic Tr Dtd O
  		3939 1378
Escanaba,MI49829


TY 2024 TaxesSchedule
Name:
Daniel J Kobasic Foundation
EIN:
83-1149474
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign Taxes 8,755 8,755    
Federal Taxes 6,277