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
Carlsen Muir Family Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)107 Jumper Court
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Folsom, CA95630
A Employer identification number

82-3157713
B Telephone number (see instructions)

(916) 351-5596
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$18,801,835J 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 60 60 60
4 Dividends and interest from securities...      
5a Gross rents............ 1,209,429 1,209,429 1,209,429
b Net rental income or (loss) 881,960
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)...  
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........ 1,209,489 1,209,489 1,209,489
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,500 2,500 2,500  
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
13,940      
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
214,881 214,881 186,909
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,443 1,443 1,443 1,443
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
113,372 112,887 299  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 346,136 331,711 191,151 1,443
25 Contributions, gifts, grants paid....... 983,378 983,378
26 Total expenses and disbursements. Add lines 24 and 25 1,329,514 331,711 191,151 984,821
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -120,025
b Net investment income (if negative, enter -0-) 877,778
c Adjusted net income (if negative, enter -0-)... 1,018,338
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............. 189,526 103,133 103,133
2 Savings and temporary cash investments......... 271,859 562,743 549,374
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow8,622,241
Less: accumulated depreciation (attach schedule) right arrow1,323,939 7,485,211 Click to see attachment
List of Attached Documents:
// Content
7,298,302 		17,056,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow997,255
Less: accumulated depreciation (attach schedule) right arrow54,316 970,911 Click to see attachment
List of Attached Documents:
// Content
942,939 		970,911
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
160,416 		Click to see attachment
List of Attached Documents:
// Content
122,417 		Click to see attachment
List of Attached Documents:
// Content
122,417
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,077,923 9,029,534 18,801,835
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
71,636
23 Total liabilities (add lines 17 through 22).........   71,636
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........... 9,077,923 8,957,898
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)..... 9,077,923 8,957,898
30 Total liabilities and net assets/fund balances (see instructions). 9,077,923 9,029,534
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
9,077,923
2
Enter amount from Part I, line 27a .....................
2
-120,025
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
8,957,898
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
8,957,898
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 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 12,201
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 12,201
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 12,201
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 12,600
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,600
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
8 247
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 10 152
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow152 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
 
No
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrow
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 arrowMAK Properties Telephone no.right arrow (916) 943-6150

Located atright arrow3626 Fair Oaks BlvdSacramentoCA ZIP+4right arrow95864
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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
James R Carlsen President
1.00 		0    
107 Jumper Ct
Folsom,CA95630
Beth Carlsen CFO
1.00 		0    
107 Jumper Ct
Folsom,CA95630
David Leland Carlsen Director
1.00 		0    
107 Jumper Ct
Folsom,CA95630
Kathleen Marie Carlsen Director
1.00 		0    
107 Jumper Ct
Folsom,CA95630
Mac Carlsen Director
1.00 		0    
107 Jumper Ct
Folsom,CA95630
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  
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 arrow  
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
0
b
Average of monthly cash balances.......................
1b
563,631
c
Fair market value of all other assets (see instructions)................
1c
18,238,204
d
Total (add lines 1a, b, and c).........................
1d
18,801,835
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
18,801,835
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
282,028
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
18,519,807
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
925,990
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
925,990
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
12,201
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
12,201
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
913,789
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
913,789
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
913,789
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
984,821
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
984,821
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 7 913,789
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 349,202
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$ 984,821
a Applied to 2023, but not more than line 2a 349,202
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 635,619
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 .......... 		278,170
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
         
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).)
James R Carlsen
Beth Carlsen
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
American Cancer Society


1545 River Park Drive Suite 100
Sacramento,CA95815 		    Attack cancer from every angle. Promote healthy lifestyles to help you prevent cancer. Research cancer and its causes to find more answers and better treatments. Fight for lifesaving policy changes. Provide everything from emotional support to the latest cancer information for those who have been touched by cancer. 5,000
American Red Cross


1565 Exposition Blvd
Sacramento,CA95815 		NA   The American Red Cross, also known as The American National Red Cross, is a non-profit humanitarian organization that provides emergency assistance, disaster relief, and disaster preparedness education in the United States. 10,000
Anne Carlsen Center


PO Box 8000
Jamestown,ND58402 		    Medical Equipment, primary ventilators, and a feeding pump. 20,000
Big BrothersBig Sisters


800 Howe Avenue Suite 440
Sacramento,CA95825 		NA   To provide children facing adversity with professionally-supported one-to-one mentoring relationships that impact their lives forever. To increase the number of successful mentoring relationships for all children who need them, contributing to brighter futures, better schools, and stronger communities. 125,000
Boy Scouts of America-GEC


PO Box 1355
Sacramento,CA95853 		NA   Help prepare young people to serve, lead, experience adventure, develop character, and shape future leaders. 10,000
California Waterfowl Assoc


1346 Blue Oak Blvd
Roseville,CA95678 		NA   California Waterfowl finds its strength in a set of clear core values. These values define our organization and guide us in our hunt for a better California. Stewardship: Finding Common GroundCalifornia Waterfowl serves as a bridge to connect hunters and non-hunters, public and private interests, young and old toward a common goal of conserving and enjoying our natural resources. By building strong partnerships and family involvement, the Association is connecting with Californians of all interests to inspire stewardship of our wetlands and wildlife resources.Heritage: Hunter DrivenCalifornia Waterfowl believes that hunting deeply connects people to the natural world and generates the knowledge and commitment to conserve our treasured resources. This passion for active involvement in nature motivates hunters to make vital investments in conserving California for our children and grandchildren. Education: Focused on the FutureCalifornia Waterfowl stimulates youths and adults to value wa 5,000
First Tee Sacramento


3704 Marconi Avenue Suite 1
Sacramento,CA95821 		NA   The First Tee started as a way to bring an affordable junior golf program to youth and communities that did not have them. This supports character education in youths. 5,000
First Response Chaplains


14806 Echo Ridge Road
Nevada City,CA95959 		NA   To support Pastor Toby in his efforts to ease suffering in disaster impacted areas all over the world. 2,500
Girl Scouts Heart of Central CA


6601 Elvas Avenue
Sacramento,CA95819 		NA   Science Technology Engineering and Math (STEM) programs have caught on quickly at GSHCC because Girl Scouts are curious, motivated and adventurous by nature. Our organization is uniquely positioned to address gender inequity in STEM education and enrichment locally. We recognize that STEM educational opportunities for girls are necessary now more than ever. In order to provide girls with empowering, hands-on STEM learning opportunities, GSHCC opened the regions first girl-led, girl-build STEM Center + MakerSpace in November 2017. This unique facility will host a variety of structured and open-format maker and design-thinking activities that encourage girls to embrace the spirit of scientific discovery in their lives. The STEM Center + MakerSpace is an investment in the next generation of Go-getters, Innovators, Risk-takers, and Leaders (G.I.R.L.s), and will serve as a hub for girl innovation, exploration and discovery for Girl Scouts throughout our 18-county region. 10,000
Guide Dogs of America


13445 Glenoaks Boulevard
Sylmar,CA91342 		NA   Puppy raisers are the cornerstone of our training program at Guide Dogs of America. At the heart of every successful guide dog team is a puppy raiser who embraced the opportunity to raise a special puppy, teach him to feel safe in the world, and help him learn the skills necessary to become a well-mannered canine citizenPuppies are placed with carefully screened foster families, known as puppy raisers, when they are 8 weeks old. The puppy raisers job is to provide a loving first home, teach basic obedience and proper house manners to stay off furniture, not to jump on counters, not to chew inappropriate items in the home, etc. They also provide ongoing urban socialization, carefully exposing the dogs to a wide variety of public settings and teaching them to be calm and confident in all situations. Thanks to our dedicated puppy raisers, the dogs are well prepared to return to GDA at 16 to 18 months old, when they begin 4 to 6 months of formal guide-work training.GDA supports our puppy r 5,000
HART of Folsom


PO Box 6327
Folsom,CA95763 		NA   Assist in general operations of temporarily housing feeding dinner to the homeless of Folsom, CA during the months of December through March. 20,000
Journey Church


450 Blue Ravine
Folsom,CA95630 		NA   The Balance for General Operations, Missions, Evangelism, Disaster Assistance, Support for PCUSA 20,800
Operation Hope


859 E Vista Way
Vista,CA92084 		NA   General Operations of Emergency Bridge Housing 25,000
Powerhouse Ministries


311 Market Street
Folsom,CA95630 		NA   Support the Women and Childrens Transformation Center. They strive to break the cycle of life-destroying forces and choices. The children of PTC benefit from excellent care, counseling and community, giving them the hope of a much brighter future. The Powerhouse Transformation Center is one of the few no-cost residential recovery programs in Northern California. The center addresses all aspects of a womans life within a safe, caring community. We know for life transformation there are no quick fixes. The program is tailored to each womans personal development needs, dreams and life goals. It consists of five phases and lasts approximately two years. 50,000
Theatre for Children


2700 Capitol Avenue
Sacramento,CA95816 		NA   $150,000 Last portion of $250,000 Pledge of $26million Building Fund for new theatre. Sponsored Box Office 20,000
Ticket to Dream


1400 Rocky Ridge Drive Suite 280
Roseville,CA95661 		NA   Ticket to Dream Foundation is dedicated to creating hope and opportunity for foster children across the nation, so they can just be kids 50,000
Twin Lakes Food Bank


327 Montrose Drive
Folsom,CA95630 		NA   Every human being has a fundamental right to access to food. No person deserves to go hungry. The reality is that food insecurity impacts one in six Americans who report running out of food at least once a year. We serve individuals, families, senior citizens and homeless who are desperate for groceries for themselves and their families.Money goes to general operations 20,000
Young Life


PO Box 826
Folsom,CA95763 		NA   Help hire and train staff and provide essential administrative support to the area. Also support operating expenses such as salaries and other ministry costs and can help send kids to Young Life camps. 10,000
Better Life Foundation


4725 Moore Way
Carmichael,CA95608 		NA   Mission of the organization: The mission of the Better LifeFoundation is to imwove the lives of those affected with blood cancers by funding research and educational programs. The f oundation is based in Carmichael, California 10,000
Folsom's Hope


107 Jumper Court
Folsom,CA95630 		NA   'Ibis is the eleventh school year the Folsom STARS After School Program has been in operation. The Folsom STARS Program grew out of a desire to meet the needs of at-risk students in Folsom. The mission of the Folsom STARS program is to provide holistic support to at-risk students outside of the school day, so that they can be successful in their traditional classroom setting. The program is housed on the campus of Theodore Judah Elementary School in Folsom, California. As the attached program description states, this program is comprised of students from both Theodore Judah and Blanche Sprentz Elementary Schools, as both schools are located within the area of Folsom with the greatest percentage of poverty. 30,000
Hands for an African Child


63 Natoma Street Suite 100
Folsom,CA95630 		NA   MISSION: Bring homeless orphaned children into loving family homes with mothers and fathers, where they will feel God's love for them and become self-reliant adults, breaking the cycle of poverty. We are creating a self-sustaining agriculture based farming community with elementary, secondary and trade schools. This community will reach out to the local villages with clean water initiatives, education on personal hygiene, sanitation and improved farming techniques. There will also be a medical/dental clinic which will used for the community and visiting "medical mission trips". The children will be taught of God's love for them and to live by Christian principles and values. 50,000
Make a Wish


2800 Club Center Drive
Sacramento,CA95835 		NA   Mission: Make-A-Wish creates life-changing wishes for children with critical illnesses. Every34 minutes Make-A-Wish grants the wish of a child diagnosed with a critical illness in the United States and its territories. We believe that a wish experiencecan be a game-changer. This one belief guides us in everything we do. It inspires us to grant wishes that change the lives of the kids we serve. 25,000
Nevada Children's Cancer Fund


3 550 Barron Way 9A
Reno,NV89511 		NA   Our mission is to enhancethe quality of life for children with cancer and their families by providing financial assistanceand comp assio nate support programs while advocating for increased research funds and raising public awareness. 2,000
Improve your tomorrow


3780 Rosin Ct Suite 240
Sacramento,CA95834 		NA   The life path for black and Latino boys is often the same. They leave high school without graduating, struggle to find employment, commit a crime and then find themselves in jail. The majority of which return to a community plagued by high unemployment, violence and a lack of hope. This cycle is known as the school to prison pipeline and frequently repeats generation, after generation, after generation. Improve Your Tomorrow, otherwise known as IYT was created in 2013 to break the school to prison pipeline by helping young men of color get to and through college. IYT started with seventeen students at Valley High School in South Sacramento, these seventeen laid the foundation for what is now the largest education nonprofit only serving young men of color in the country. IYT currently serves over 1000 young men of color through three academic programs including the IYT College Academy, IYT Continue to Dream Academy and IYT U. 244,470
Lake Almanor Fishing Association


PO Box 1938
Chester,CA96020 		    In 1980, concerned fishermen, business people and the Chester/Lake Almanor Chamber of Commerce formed the Almanor Fishing Association. The main purpose of the Association is the enhancement and preservation of a high quality fishing resource in Lake Almanor. In addition, assuring its continual availability to everyone wishing to enjoy the sport of fishing. 2,575
CASA California


3525 Del Mar Heights Road 243
San Diego,CA92130 		NA PC Provide a voice for foster children in California Foster Care. Safe and permanent place to live. 2,500
Habitat for Humanity


819 North 10th Street
Sacramento,CA95811 		NA PC Habitat for Humanity of Greater Sacramento is dedicated to eliminating substandard housing locally and worldwide through constructing, rehabilitating and preserving homes; by advocating for fair and just housing policies; and by providing training and access to resources to help families improve their shelter conditions. Habitat for Humanity was founded on the conviction that every person should have a simple, durable place to live in dignity and safety, and that decent shelter in decent communities should be a matter of conscience and action for all. 10,000
HART of Carmichael


PO Box 1822
Carmichael,CA95609 		NA PC HART is a coalition of faith communities, non-profits, businesses, agencies, and individuals, who are committed to finding solutions to homelessness in our local communities. In suburban communities like Carmichael, resources are largely, if not completely, absent. Carmichael HART is a local response that addresses these realities by developing programs that will help homeless men, women, and children. 20,000
Murer House Foundation MHF


1125 Joe Murer Court
Folsom,CA95630 		NA EOF Since 1997, Murer House Foundation (MHF), a 501(c)3 non-profit corporation, has been operating and preserving the historic Murer House and Gardens site on behalf of the property owner, the City of Folsom. For more information about the MHF and its continuing efforts to manage, protect, and promote this unique community asset for the benefit of current and future generations 1,000
Capital Stage


2420 N Street
Sacramento,CA95816 		NA PF Young artist theater 1,000
El Dorado Special Olympics


PO Box 485
Shingle Springs,CA95682 		NA POF Special Olympics provides year round sports training for persons with developmentally disabilities. 5,000
Hands4Hope


5005 Windplay Dr 2
El Dorado Hills,CA95762 		NA PF At Hands4Hope, our mission is to inspire and empower youth in leadership and service. 2,500
Home Aid Sacramento


1536 Eureka Road
Folsom,CA95661 		NA POF Established in 1996, our vision is to be a vital force in creating safe and dignified housing and programmatic facilities for those who are experiencing or at risk of homelessness. 10,000
Orangevale Fair Oaks Comty Fund


PO Box 2963
Orangevale,CA95662 		NA EOF We aim for every person, group, & organization in Orangevale and Fair Oaks to be engaged in making our community better,If that sounds like you, join us & see for yourself that service & generosity are at the core of who we are 30,000
Spondylitis Association of America


16430 Ventura Blvd
Encino,CA91436 		  PF o be a leader in the quest to cure ankylosing spondylitis and related diseases, and to empower those affected to live their lives to the fullest. 5,000
St Vincent de Paul


PO Box 162487
Sacramento,CA95816 		  EOF In the spirit of love and justice, the Society of St. Vincent de Paul, Sacramento Diocesan Council provides help to our neighbors in need through person-to-person service. Our organization, through a network of charity, provides help to those who live in poverty and struggle to make ends meet. No charity is foreign to the Society. ? 10,000
Gander Brook Christian Camp


27 Ganderbrook Lane
Raymond,ME04071 		NA EOF Gander Brook is a Christian Camp providing overnight summer camping for children from all religious, racial and ethnic backgrounds. Located in Raymond, Maine, Gander Brook hosts a wide range of campers from all over the country 1,000
Chico Project SAVE


1100 Marauder Street
Chico,CA95973 		NA EOF Chico Project SAVE (Salvage All Valuable Equipment) collects, then re-distributes, quality recycled medical and dental equipment and supplies both locally and around the world, in an effort to help people receive needed care who otherwise might not. The organization was founded in the early 1990's by Dr. Phyllis Cullen, saving supplies and equipment for local physicians going on medical missions, and has been enlarged and directed since 2004 by Chico, CA, resident Janice Walker. The administration and staff are all unpaid volunteers. Shipping costs are paid with tax-deductible donations. Recipient and donor organizations are asked to raise the funds for shipping costs. 25,000
FarWide Conservation Trust


402 Ash Street
Hecla,SD57446 		NA EOF FarWide Conservation Trust is dedicated to the conservation of fish and wildlife habitat and the expansion of outdoor recreational opportunities. 5,000
Flights to Freedom


3028 Peacekeeper Way
McClellan,CA95652 		NA POF Provide safe, expedient, private air transportation for victims of child sex trafficking, human exploitation and their support groups. 1,000
Fostering Success and Significance


PO Box 4858
El Dorado Hills,CA95762 		NA POF We exist to connect extraordinary foster youth attending college to vital resources which will be instrumental in helping them achieving their personal and professional goals. 5,000
Funds Just for Kids


1000 Duchow Way
Folsom,CA95630 		NA POF Funds Just for Kids, Inc. is a 501(c)(3) nonprofit organization operated by devoted volunteers with a strong commitment to raising funds for local youth organizations. The organization's origins can be traced back to a collaborative event with Natoma Lodge 64, the local Freemasons in Folsom. From its humble beginnings, Funds Just for Kids, Inc. has expanded its reach and impact to serve a broader cross-section of the community. 5,000
Kyle J Taylor Foundation


5202 Rucker Drive
San Jose,CA95124 		NA POF Our Mission Our mission is to continue Kyle's legacy of kindness and service by supporting communities. We aim to raise awareness about youth Sudden Cardiac Arrest (SCA), advocate for more widespread preventative screening, and improve access to AED devices - working toward a future where no other family suffers the loss of a child to this preventable tragedy. Guided by Kyle's adventurous and compassionate nature, we strive to save lives and create meaningful change. 1,033
International Justice Mission


PO Box 2227
Arlington,VA22202 		NA EOF We dont stop at rescuing and restoring people who have been abused. Our goal is to prevent the violence from happening in the first place.Thats why IJM and our partners collaborate with local authorities to serve individual survivors of violence, pursue sustainable improvements in the justice system and build communities where all people can expect to be safe and protected. 15,000
Mikuni Charitable Foundation


5012 Luce Ave Ste 100
Mcclellan,CA95652 		NA POF The organization's mission is to fund bequests for charitable and educational purposes by conducting an annual golf tournament fund raising 1,000
Plumas Performing Arts


PO Box 1780
Quincy,CA95971 		NA EOF The Plumas Performing Arts organization was formed in 2019 by Tristan McMichael and Marty Walters as a way to better their community. The purpose of this organization is to support and encourage all forms of performing arts at all skill levels throughout Plumas County. Having access to performing arts helps enhance our communities by providing positive and creative outlets for all to participate in. We are a way for the people to give back to the community in a way that helps create a variety of opportunities for development. Our board is devoted to jumping into every opportunity they can. They are the main driving force of our organization. Our general members help lay the groundwork for the performing arts to soar high throughout Plumas County. We would love for you to join our team of community members looking to enhance performing arts throughout Plumas County. If joining is not your thing, we are always looking for donations to keep our gears turning. We value our members and dono 6,000
SEAL Future Foundation Inc


32 Third Avenue 393
New York,NY10003 		NA EOF We work tirelessly to provide Navy SEALs a foundation that supports their well-being, education and career to continue a life of service within their communities. 15,000
Second Wind Entertainment


564 37th St
Sacramento,CA95816 		NA PF Provide artists with the opportunity to develop skills related to theater 10,000
Shriners Northern California


2425 Stockton Blvd
Sacramento,CA95817 		NA EOF Vital treatment from birth to age 18 1,000
Social Venture Partners Sacramento


3941 Park Dr Ste 60
El Dorado Hills,CA95762 		NA EOF Sacramento Venture Philanthropy (SVP) is a philanthropic network, but we do more than give away money. SVP helps those out to do good, do better bringing together donors, nonprofits and social enterprises so we can make a greater collective impact. 5,000
Sweet Dreams Foundation


PO Box 1233
Folsom,CA95763 		NA EOF Sweet Dreams Foundations mission is to glorify God by spreading peace, hope and joy to families with medically fragile babies and children. Our purpose is to create a place in the baby/childs home to be their safe-haven. With our Dream Bedroom and RooBaby Programs our goal is to create an atmosphere that will lift the spirit of the child where they can laugh, play, and let their inner light shine. 1,000
UC Davis Cancer Fund


2279 45th Street
Sacramento,CA95817 		  PC Cancer research and patient support.UC Davis Comprehensive Cancer Center is dedicated to providing leading-edge cancer care, research, education and outreach so each of our patients has the best possible outcome. Together, with your support, we are breaking barriers to beat cancer. 1,000
UC Berkeley Foundation


1995 University Avenue
Berkeley,CA94704 		NA EOF The mission of the UC Berkeley Foundation is to support and advance the University of California at Berkeley by encouraging private philanthropy and providing leadership to assure Berkeleys place as a preeminent global institution. 1,000
Wellsprings Womens Center


3414 4th Avenue
Sacramento,CA95817 		NA POF The Mission of Wellspring Womens Center is to nurture the innate goodness and personal self-esteem of women and their children and to do so within an atmosphere of hospitality with dignity and love. Wellspring serves as a drop-in center to vulnerable women and their children and provides a nutritious breakfast and light lunch. Additionally, we provide practical assistance combined with compassion and encouragement in a stable environment. Wellspring started from humble beginnings and has grown to become a trusted neighborhood gathering place that reduces isolation and loneliness. 10,000
Total .................................right arrow 3a 983,378
bApproved for future payment
Total ................................. right arrow 3b  
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 ........... 		        60
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 881,960  
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) ..   881,960 60
13Total. Add line 12, columns (b), (d), and (e)..................
13
882,020
(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: 24020490
Software Version: 2024v5.2


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
Carlsen Muir Family Foundation
EIN:
82-3157713
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Hullen Accountancy 2,500 2,500 2,500 0

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

TY 2024 AmortizationSchedule
Name:
Carlsen Muir Family Foundation
EIN:
82-3157713
Software ID:
24020490
Software Version:
2024v5.2
Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
Commissions 2019-08-15 46,196 34,004 6.0000 7,699     41,703
Commissions 2021-02-26 150,483 85,275 5.0000 30,097     115,372
Deferred Legal Lease 2021-01-25 1,013 592 5.0000 203     795

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TY 2024 DepreciationSchedule
Name:
Carlsen Muir Family Foundation
EIN:
82-3157713
Software ID:
24020490
Software Version:
2024v5.2
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
Seaport 185 Bldg 2017-12-01 836,967 456,904 SL 37.4000 22,379 22,379 22,379  
Seaport 185 Bldg 2017-12-01 35,939 20,765 SL 39.0000 922 922 922  
Building 2017-12-01 3,479,330 1,353,057 SL 39.0000 89,214 89,214 89,214  
Tenant Improvements 2017-12-01 2,901,383 1,274,234 SL 39.0000 74,394 74,394 74,394  
T\I Lighting 2019-12-13 27,000 7,350 SL 15.0000 1,800 1,800    
T\I Bathrooms 2019-12-19 16,162 4,308 SL 15.0000 1,077 1,077    
Tenant Improvements 2021-05-27 15,393 2,651 SL 15.0000 1,026 1,026    
Building Improvements 2023-07-01 938,700 12,035 SL 39.0000 24,069 24,069    

TY 2024 InvestmentsLandSchedule2
Name:
Carlsen Muir Family Foundation
EIN:
82-3157713
Software ID:
24020490
Software Version:
2024v5.2
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Buildings 7,253,619 1,323,939 5,929,680 13,456,000
Land 1,368,622   1,368,622 3,600,000

TY 2024 LandEtcSchedule2
Name:
Carlsen Muir Family Foundation
EIN:
82-3157713
Software ID:
24020490
Software Version:
2024v5.2
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Buildings 15,393 3,677 11,716  
Improvements 981,862 50,639 931,223 970,911


TY 2024 OtherAssetsSchedule
Name:
Carlsen Muir Family Foundation
EIN:
82-3157713
Software ID:
24020490
Software Version:
2024v5.2
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Net Intangible Assets 160,416 122,417 122,417


TY 2024 OtherExpensesSchedule
Name:
Carlsen Muir Family Foundation
EIN:
82-3157713
Software ID:
24020490
Software Version:
2024v5.2
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Amortization 37,999 37,999    
Bank Fees 99 99 99  
Rental Expenses 74,589 74,589    
Software 485      
State Registry 200 200 200  


TY 2024 OtherLiabilitiesSchedule
Name:
Carlsen Muir Family Foundation
EIN:
82-3157713
Software ID:
24020490
Software Version:
2024v5.2
Description Beginning of Year - Book Value End of Year - Book Value
Prepaid Rent   71,636


TY 2024 TaxesSchedule
Name:
Carlsen Muir Family Foundation
EIN:
82-3157713
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Fed Estimate 12,600      
Prior balance due 1,642      
Refund 302