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
STILL POINT FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)CO DDK CO - 1 PENN PLAZA 660
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10119
A Employer identification number

04-3370051
B Telephone number (see instructions)

(212) 381-0180
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$9,870,747
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 200,626 200,626  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 386,249
b Gross sales price for all assets on line 6a 2,288,394
7 Capital gain net income (from Part IV, line 2)... 386,249
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 586,875 586,875  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 8,000 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 18,212 8,212   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 128,516 92,637   35,879
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 154,728 100,849   35,879
25 Contributions, gifts, grants paid....... 595,500 595,500
26 Total expenses and disbursements. Add lines 24 and 25 750,228 100,849   631,379
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -163,353
b Net investment income (if negative, enter -0-) 486,026
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 562,647 561,407 561,407
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,250,913 Click to see attachment
List of Attached Documents:
// Content
4,118,950
7,881,376
c Investments—corporate bonds (attach schedule)....... 1,427,999 Click to see attachment
List of Attached Documents:
// Content
1,397,849
1,427,964
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)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,241,559 6,078,206 9,870,747
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)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 4,228,082 4,228,082
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,013,477 1,850,124
29 Total net assets or fund balances (see instructions)..... 6,241,559 6,078,206
30 Total liabilities and net assets/fund balances (see instructions). 6,241,559 6,078,206
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
6,241,559
2
Enter amount from Part I, line 27a .....................
2
-163,353
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,078,206
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,078,206
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 BRISTOL-MYERS SQUIBB CO P   2024-05-31
b INTEL CORP P   2024-08-08
c JOHNSON & JOHNSON P   2024-09-30
d APPLIED MATERIALS INC P   2024-09-30
e STMICROELECTRONICS P   2024-09-30
ABBVIE INC P   2024-09-30
ALPHABET INC CL A P   2024-09-30
KENVUE INC P   2024-09-30
TRUIST FINANCIAL CORPORATION P   2024-10-24
DOCUSIGN, INC - 0.000% - 01/15/2024 P   2024-01-16
CITIGROUP INC MTN - 3.875% - 03/26/2025 P   2024-02-22
JP MORGAN CHASE - 3.900% - 07/15/2025 P   2024-03-05
BANK OF AMERICA CORPORATION - 4.183% - 11/25/2027 P   2024-03-08
CITIGROUP - 5.950% - 12/31/2049 P   2024-05-22
GOLDMAN SACHS - 3.850% - 07/08/2024 P   2024-07-08
MONGODB INC - 0.250% - 01/15/2026 P   2024-07-11
HCA INC NOTE - 4.500% - 02/15/2027 P   2024-10-08
BANK OF AMERICA - 4.271% - 07/23/2029 P   2024-10-25
CITIGROUP INC - 4.125% - 07/25/2028 P   2024-10-29
WAL-MART STORES INC - 3.950% - 09/09/2027 P   2024-10-29
JPMORGAN CHASE & CO - 0.800% - 02/01/2027 P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 271,132   319,572 -48,440
b 123,150   227,718 -104,568
c 84,113   63,587 20,526
d 322,057   34,895 287,162
e 110,317   89,540 20,777
112,577   40,048 72,529
137,351   33,957 103,394
29,444   19,271 10,173
282,160   280,628 1,532
195,000   182,813 12,187
58,938   59,273 -335
73,748   74,136 -388
48,452   48,881 -429
95,820   95,805 15
34,000   33,722 278
71,723   64,452 7,271
31,819   31,441 378
49,131   48,366 765
58,541   57,850 691
74,471   72,932 1,539
24,450   23,258 1,192
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       -48,440
b       -104,568
c       20,526
d       287,162
e       20,777
      72,529
      103,394
      10,173
      1,532
      12,187
      -335
      -388
      -429
      15
      278
      7,271
      378
      765
      691
      1,539
      1,192
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 2 386,249
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 6,756
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 6,756
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 6,756
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 13,687
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 13,687
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 6,931
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow6,931 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowVT
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowFOUNDATION SOURCE INC Telephone no.right arrow (800) 839-1754

Located atright arrow55 WALLS DRIVEFAIRFIELDCT ZIP+4right arrow06824
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)
 
No
(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
 
 
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
CHRISTA LANCASTER DIRECTOR
1.00
0 0 0
C/O DDK CO 1 PENN PLAZA 660
NEW YORK,NY10119
BETTINA JANE LANCASTER DIRECTOR
1.00
0 0 0
C/O DDK CO 1 PENN PLAZA 660
NEW YORK,NY10119
TIMOTHY LANCASTER DIRECTOR
0.25
0 0 0
C/O DDK CO 1 PENN PLAZA 660
NEW YORK,NY10119
GUY N LANCASTER DIRECTOR/SECRETARY
1.00
0 0 0
C/O DDK CO 1 PENN PLAZA 660
NEW YORK,NY10119
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 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
9,169,451
b
Average of monthly cash balances.......................
1b
602,176
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
9,771,627
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
9,771,627
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
146,574
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
9,625,053
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
481,253
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
481,253
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
6,756
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
6,756
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
474,497
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
474,497
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
474,497
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
631,379
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
631,379
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 7 474,497
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 26,699
b From 2020...... 99,750
c From 2021...... 82,251
d From 2022...... 78,770
e From 2023...... 145,179
f Total of lines 3a through e ........ 432,649
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 631,379
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions).....
0
c Treated as distributions out of corpus (Election
required—see instructions)........
0
d Applied to 2024 distributable amount..... 474,497
e Remaining amount distributed out of corpus 156,882
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 589,531
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ...
26,699
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
562,832
10 Analysis of line 9:
a Excess from 2020.... 99,750
b Excess from 2021.... 82,251
c Excess from 2022.... 78,770
d Excess from 2023.... 145,179
e Excess from 2024.... 156,882
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
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

AFGHAN SCOUT RELIEF FUND

PO BOX 2847
RNCH DE TAOS,NM875572847
    GENERAL PURPOSE 10,000

AMERICAN FRIENDS OF THE ALMEIDA THEATRE INC

STACY GROSSMAN 500 MAMARONECK 32
HARRISON,NY10528
    GENERAL PURPOSE 3,000

AMERICAN FRIENDS OF THE DONMAR THEATRE INC

STACY 500 MAMARONECK AVE 320
HARRISON,NY10528
    GENERAL PURPOSE 4,000

AMERICANS FOR OXFORD INC

500 FIFTH AVENUE 32ND FLOOR
NEW YORK,NY101103299
    GENERAL PURPOSE 20,000

ARTISTS WITH EVIDENCE INC

2 HORATIO ST APT 11L
NEW YORK,NY100141634
    GENERAL PURPOSE 5,000

ATLANTIC THEATER COMPANY

76 NINTH AVENUE SUITE 313
NEW YORK,NY10011
    GENERAL PURPOSE 5,000

BUCKMINSTER FULLER INSTITUTE

2261 MARKET ST 469
SAN FRANCISCO,CA94114
    COLLECTIVE LEADERSHIP INSTITUTE LOCATED IN POTSDAM, GERMANY 25,000

CENTER FOR TRADITIONAL MUSIC AND DANCE INC

32 BROADWAY STE 1314
NEW YORK,NY100041626
    OTHER:FIDDLE ALBUM 10,000

CONSERVATION VOTERS NEW MEXICO EDUCATION FUND

121 SANDOVAL ST STE 200
SANTA FE,NM875012166
    OTHER:EDUCATION FUND 20,000

EARTH WAYS FOUNDATION INC

20178 ROCKPORT WAY
MALIBU,CA90265
    OTHER:CAS 10,000

EARTH WAYS FOUNDATION INC

20178 ROCKPORT WAY
MALIBU,CA90265
    OTHER:CAS 10,000

FRACTURED ATLAS INC

PO BOX 55
HARTSDALE,NY10530
    SANTA FE INTERNATIONAL LITERARY FESTIVAL 1,500

FRIENDS OF BERMUDA COMMUNITY FOUNDATION

16 WESLEY ST 4TH FL
HAMILTON   HM 11
UK
    GENERAL PURPOSE 10,000

FRIENDS OF BERMUDA COMMUNITY FOUNDATION

16 WESLEY ST 4TH FL
HAMILTON   HM 11
UK
    GENERAL PURPOSE 10,000

FRIENDS OF THE WORLD FOOD PROGRAM INC

PO BOX 96316
WASHINGTON,DC20090
    GENERAL PURPOSE 10,000

FRIENDS OF THE WORLD FOOD PROGRAM INC

PO BOX 96316
WASHINGTON,DC20090
    GENERAL PURPOSE 10,000

HOME FOR CONTEMPORARY THEATRE AND ART LTD

145 6TH AVENUE
NEW YORK,NY10013
    OTHER:THE AMERICAN TRUTH AND RECONCILIATION COMMISSION PLAY LED BY JAMES SCRUGGS 10,000

INTERFAITH CENTER OF NEW YORK INC

475 RIVERSIDE DR STE 540
NEW YORK,NY101150081
    GENERAL PURPOSE 3,000

INTERNATIONAL MOUNTAIN BICYCLING ASSOCIATION - SANTA FE FAT TIRE SOCIE

1426 CERRILLOS RD
SANTA FE,NM875053548
    OTHER:ROMERO COURSE PROJECT 10,000

INTERNATIONAL RESCUE COMMITTEE INC

PO BOX 6068
ALBERT LEA,MN56007
    OTHER:FOR GAZA 10,000

INTERNATIONAL RESCUE COMMITTEE INC

PO BOX 6068
ALBERT LEA,MN56007
    GENERAL PURPOSE 10,000

INTERNATIONAL RESCUE COMMITTEE INC

PO BOX 6068
ALBERT LEA,MN56007
    GENERAL PURPOSE 10,000

KRIPALU CENTER FOR YOGA & HEALTH INC

PO BOX 309
STOCKBRIDGE,MA012620309
    GENERAL PURPOSE 20,000

LENSIC PERFORMING ARTS CENTER CORPORATION

211 W SAN FRANCISCO ST
SANTA FE,NM875012128
    OTHER:LENSIC 360 20,000

MEDECINS SANS FRONTIERES USA INC - DOCTORS WITHOUT BORDERS USA INC

40 RECTOR ST 16TH FL
NEW YORK,NY10006
    GENERAL PURPOSE 10,000

MOVEMENT THEATRE COMPANY INC

279 W 117TH ST
NEW YORK,NY100262109
    OTHER:NI MI MADRE 5,000

NATIONAL THEATRE IN AMERICA INC

600 FIFTH AVENUE 2ND FLOOR
NEW YORK,NY100202335
    GENERAL PURPOSE 5,000

NEW MEXICO APPLESEED

1300 LUISA ST SUITE 7
SANTA FE,NM87505
    GENERAL PURPOSE 25,000

NEXTGEN CLIMATE AMERICA INC

3 LAGOON DR STE 400
REDWOOD CITY,CA940655157
    CLIMATE CHANGEMAKERS 10,000

OXFAM-AMERICA INC

PO BOX 97374
WASHINGTON,DC20090
    GENERAL PURPOSE 10,000

PRISON YOGA PROJECT INC

150 ASPEN RD
BOLINAS,CA949248732
    GENERAL PURPOSE 10,000

PRISON YOGA PROJECT INC

150 ASPEN RD
BOLINAS,CA949248732
    2023 CONTRIBUTION NOT CLEARED2023 CONTRIBUTION NOT CLEARED (CHECK 2023 CONTRIBUTION NOT CLEARED (CHECK VOIDED) -5,000

RATTLESTICK PRODUCTIONS INC

224 WAVERLY PL
NEW YORK,NY10014
    GENERAL PURPOSE 20,000

READING QUEST

369 MONTEZUMA AVE PMB 652
SANTA FE,NM87501
    GENERAL PURPOSE 10,000

REMOTE THEATER PROJECT

406 E 5TH ST
BROOKLYN,NY112184005
    GENERAL PURPOSE 10,000

REMOTE THEATER PROJECT

406 E 5TH ST
BROOKLYN,NY112184005
    GENERAL PURPOSE 10,000

ROCKY MOUNTAIN PLANNED PARENTHOOD INC - NEW MEXICO CHAPTER

719 SAN MATEO BLVD NE
ALBUQUERQUE,NM871081434
    OTHER:PLANNED PARENTHOOD VOTES NEW MEXICO CC (PPVNM CC) 10,000

ROCKY MOUNTAIN PLANNED PARENTHOOD INC - NEW MEXICO CHAPTER

719 SAN MATEO BLVD NE
ALBUQUERQUE,NM871081434
    OTHER:PLANNED PARENTHOOD VOTES NEW MEXICO IE (PPVNM IE) 10,000

ROCKY MOUNTAIN PLANNED PARENTHOOD INC - NEW MEXICO CHAPTER

719 SAN MATEO BLVD NE
ALBUQUERQUE,NM871081434
    GENERAL PURPOSE 20,000

SANTA FE GIRLS SCHOOL

310 W ZIA RD
SANTA FE,NM875055723
    GENERAL PURPOSE 10,000

SANTA FE GIRLS SCHOOL

310 W ZIA RD
SANTA FE,NM875055723
    GENERAL PURPOSE 10,000

SHELBURNE FARMS

1611 HARBOR ROAD
SHELBURNE,VT05482
    GENERAL PURPOSE 3,000

SOHO REPERTORY THEATRE INC

401 BROADWAY STE 300
NEW YORK,NY100133005
    GENERAL PURPOSE 5,000

SPRING STREET CLIMATE FUND INC

PO BOX 24685
BROOKLYN,NY112024685
    GENERAL PURPOSE 15,000

THE CARL SAFINA CENTER INC

80 N COUNTRY ROAD
SETAUKET,NY11733
    OTHER:"A THIRD TERM" PROJECT 10,000

THE CARL SAFINA CENTER INC

80 N COUNTRY ROAD
SETAUKET,NY11733
    OTHER:"A THIRD TERM" PROJECT 5,000

THE EARTHS BIRTHDAY PROJECT INC DBA CELEBRATE PLANET EARTH

PO BOX 1536
SANTA FE,NM875041536
    MOUNTAIN KIDS 5,000

THE FILM COLLABORATIVE INC

3405 CAZADOR ST
LOS ANGELES,CA900653403
    OTHER:THE TIME WARP PROJECT 5,000

UPAYA ZEN CENTER INC

1404 CERRO GORDO RD
SANTA FE,NM875016111
    GENERAL PURPOSE 10,000

VOTE MAMA FOUNDATION INC

32 AVON PL
AMITYVILLE,NY117013202
    GENERAL PURPOSE 10,000

WATERAID AMERICA INC

233 BROADWAY 2705
NEW YORK,NY10279
    GENERAL PURPOSE 10,000

WEEPING WILLOW FARM

721 DON ROBERTO RD
TAOS,NM875717146
    GENERAL PURPOSE 25,000

WILDEARTH GUARDIANS

301 N GUADALUPE ST STE 201
SANTA FE,NM87501
    EVENT:FOR PLANNING AND STRATEG 12,000

WILDEARTH GUARDIANS

301 N GUADALUPE ST STE 201
SANTA FE,NM87501
    GENERAL PURPOSE 20,000

WORLD CENTRAL KITCHEN INCORPORATED

PO BOX 96538
WASHINGTON,DC20090
    GENERAL PURPOSE 10,000

WORLD CENTRAL KITCHEN INCORPORATED

PO BOX 96538
WASHINGTON,DC20090
    GENERAL PURPOSE 10,000

YOUTH COMMUNICATION NEW YORK CENTER INC

242 W 38TH STREET 6TH FLOOR
NEW YORK,NY100185860
    GENERAL PURPOSE 4,000
Total .................................right arrow 3a 595,500
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    
4 Dividends and interest from securities ....     14 200,626  
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 ............
    18 386,249  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 586,875 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
586,875
(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

TY 2024 AccountingFeesSchedule
Name:
STILL POINT FUND
EIN:
04-3370051
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 8,000 0   0

TY 2024 InvestmentsCorpBondsSchedule
Name:
STILL POINT FUND
EIN:
04-3370051
Name of Bond End of Year Book Value End of Year Fair Market Value
AMAZON - 4.550% - 12/01/2027 74,131 75,456
BANK OF AMERICA - 5.875% - 03/15/2028 74,103 75,255
HCA INC - 4.125% - 06/15/2029 117,693 120,790
JP MORGAN CHASE - 5.299% - 07/24/2029 59,424 60,605
JPMORGAN CHASE & CO NOTE - 5.012% - 01/23/2030 74,491 74,932
JPMORGAN CHASE &CO - 4.493% - 03/24/2031 31,839 31,186
MERK & CO - 4.300% - 09/09/2032 49,577 49,665
META PLATFORMS INC - 4.550% - 08/15/2031 59,899 60,028
NEXTERA ENERGY - 5.650% - 05/01/2079 130,737 151,078
PAGERDUTY INC - 1.250% - 07/01/2025 97,411 96,018
PNC FINL SVCS GROUP INC NOTE PERPETUAL - 6.200% - 12/31/2049 129,938 135,595
PROCTOR AND GAMBLE SR GLBL NT 29 - 4.350% - 01/29/2029 59,675 60,363
WALMART - 4.000% - 04/15/2030 96,742 99,158
WALMART - 4.150% - 09/09/1932 73,649 72,239
APPLE - 4.150% - 05/10/2030 134,351 133,709
PROCTER AND GAMBLE - 4.550% - 10/24/2034 134,189 131,887

TY 2024 InvestmentsCorpStockSchedule
Name:
STILL POINT FUND
EIN:
04-3370051
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABS 158,436 459,679
ABBVIE INC 62,634 138,784
ADOBE SYSTEMS, INC 199,760 172,536
ALPHABET INC CL A 125,335 464,921
AMAZON COM 186,934 285,426
APPLE INC 57,935 331,556
APPLIED MATERIALS INC 20,506 232,561
AUTOMATIC DATA PROCESSING INC 49,022 439,095
BANK OF AMERICA CORP PFD 68,870 68,035
BERKSHIRE HATHAWAY INC. CLASS B 133,688 339,960
CHUBB LIMITED 309,451 592,111
CITIGROUP INC 178,700 272,761
DEERE CO 135,194 169,480
HEXCEL CP DELAWARE 146,298 188,100
JP MORGAN CHASE & CO PFD SER D - 5.50% 68,768 69,218
METLIFE INC 5.62500% PFD 49,960 47,080
MICROSOFT CORP 24,922 404,640
MCKESSON CORP 152,829 178,382
NOVARTIS AG ADR 181,018 368,805
PAGERDUTY ORD SHS 245,061 104,082
MONGODB INC CL A 150,270 120,363
SCHNEIDER ELECTRIC 96,225 279,386
T-MOBILE US INC 286,365 551,825
THERMO FISHER SCIENTIFIC INC 23,427 260,115
UMGNF 263,304 255,976
WORKIVA INC 192,765 245,061
EXPEDIA INC 232,433 414,398
GROUPE DANONE 200,534 210,699
HOME DEPOT INC 46,774 58,349
TAIWAN SEMICONDUCTOR MFG CO LTD 71,532 157,992

TY 2024 OtherExpensesSchedule
Name:
STILL POINT FUND
EIN:
04-3370051
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOUNDATION ADMINISTRATION 35,879 0   35,879
INVESTMENT MANAGEMENT FEES 92,637 92,637   0


TY 2024 TaxesSchedule
Name:
STILL POINT FUND
EIN:
04-3370051
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX WITHHELD 8,212 8,212   0
IRS 10,000 0   0