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
VOLO FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3825 PGA BLVD 1101
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALM BEACH GARDENS, FL33410
A Employer identification number

47-2415681
B Telephone number (see instructions)

(561) 832-9292
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$167,203,279J 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... 12,935,991 12,935,991  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 8,591,231
b Gross sales price for all assets on line 6a 32,551,676
7 Capital gain net income (from Part IV, line 2)... 8,591,231
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,717,306 7,717,306  
12 Total. Add lines 1 through 11........ 29,244,528 29,244,528  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 173,314 0   173,314
14 Other employee salaries and wages...... 1,595,394 0   1,595,394
15 Pension plans, employee benefits....... 116,574 58,287   58,287
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
14,060 7,030   7,030
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
27,637 27,637   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
362,605 228,295   134,310
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
206,947 0  
20 Occupancy.............. 131,559 0   131,559
21 Travel, conferences, and meetings....... 919,319 0   919,319
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
3,338,330 111,346   2,243,818
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,885,739 432,595   5,263,031
25 Contributions, gifts, grants paid....... 13,732,507 13,732,507
26 Total expenses and disbursements. Add lines 24 and 25 20,618,246 432,595   18,995,538
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,626,282
b Net investment income (if negative, enter -0-) 28,811,933
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.............   1 1
2 Savings and temporary cash investments......... 8,626,860 18,842,067 18,842,067
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   1,400 0 0
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 arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 110,381,819 Click to see attachment
List of Attached Documents:
// Content
106,050,289 		147,368,458
14 Land, buildings, and equipment: basis right arrow1,677,292
Less: accumulated depreciation (attach schedule) right arrow684,539 1,168,865 Click to see attachment
List of Attached Documents:
// Content
992,753 		992,753
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
210,000 		Click to see attachment
List of Attached Documents:
// Content
35,917 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 120,388,944 125,921,027 167,203,279
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 120,388,944 125,921,027
29 Total net assets or fund balances (see instructions)..... 120,388,944 125,921,027
30 Total liabilities and net assets/fund balances (see instructions). 120,388,944 125,921,027
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
120,388,944
2
Enter amount from Part I, line 27a .....................
2
8,626,282
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
129,015,226
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
3,094,199
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
125,921,027
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 GOLDMAN SACHS # 3531      
b GSSG SOLAR PARTNERS III-B LP P    
c VOLORIDGE TRADING AGGR CLASS C PARTIAL DISPOSITION P    
d VOLORIDGE GLOBAL FUND - CL C P    
e VOLORIDGE FUND LTC - CLASS C P    
FROM K-1 - VGF - 1256 GAIN/(LOSS) P    
VOLORIDGE FUND LTC - CLASS C P    
GAIN ON CURRENCY TRANSACTION 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 551,676   1,800,380 -1,248,704
b       29,805
c 7,000,000   3,008,840 3,991,160
d 18,000,000   14,890,365 3,109,635
e 3,000,000   1,981,538 1,018,462
      99,083
4,000,000   2,409,146 1,590,854
      936
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       -1,248,704
b       29,805
c       3,991,160
d       3,109,635
e       1,018,462
      99,083
      1,590,854
      936
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 8,591,231
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) 1 400,486
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........................... 3 400,486
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- ..... 5 400,486
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 486,839
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 400,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 886,839
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 10 486,353
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow486,353 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
 
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 arrowFL
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 arrowVOLOFOUNDATION.ORG
14
The books are in care ofright arrowVOLO FOUNDATION CO MICHAEL ARCIOLA Telephone no.right arrow (561) 493-3270

Located atright arrow3825 PGA BLVD STE 1101PALM BEACH GARDENSFL ZIP+4right arrow33410
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
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
DAVID S VOGEL TRUSTEE
20.00 		0 0 0
PO BOX 8451
JUPITER,FL33468
THAIS LOPEZ VOGEL TRUSTEE
20.00 		0 0 0
PO BOX 8451
JUPITER,FL33468
WENDY J OLIVER PROGRAM DIRECTOR
40.00 		173,314 11,778 0
1425 BARLOW CT
PALM BEACH GARDENS,FL33410
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
ANDERSON BUTLER SENIOR BIOINFORMATIC
40.00 		146,142 9,328 0
C/O VOLO FOUNDATION 3825 PGA BLVD
11TH FL
PALM BEACH GARDENS,FL33410
ALEJANDRO DELGADO EDITOR-IN-CHIEF
40.00 		129,408 10,029 0
C/O VOLO FOUNDATION 3825 PGA BLVD
11TH FL
PALM BEACH GARDENS,FL33410
CARLOS VIANA SENIOR PRESS AND PR
40.00 		128,604 3,977 0
C/O VOLO FOUNDATION 3825 PGA BLVD
11TH FL
PALM BEACH GARDENS,FL33410
SHANNON MAGANIEZIN DIRECTOR OF EXTERNAL
40.00 		117,112 7,989 0
C/O VOLO FOUNDATION 3825 PGA BLVD
11TH FL
PALM BEACH GARDENS,FL33410
KRISTINA SALZBERG COORDINATOR
40.00 		116,686 7,643 0
C/O VOLO FOUNDATION 3825 PGA BLVD
11TH FL
PALM BEACH GARDENS,FL33410
Total number of other employees paid over $50,000...................right arrow 8
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
LISA LOPEZ BERGERAND CONSULTANT 104,648
3825 PGA BLVD STE 1101
PALM BEACH GARDENS,FL33410
GLOBALIZATION PARTNERS CONSULTANT 81,881
175 FEDERAL ST 17TH FLOOR
BOSTON,MA02110
KAROLINA P CHWALEK CONSULTANT 54,900
151 MYSTIC ST APT M4
ARLINGTON,MA02474
LEYDY A VELASQUEZ PABON CONSULTANT 30,240
3825 PGA BLVD STE 1101
PALM BEACH GARDENS,FL33410
ALVARO MELO FERNANDEZ CONSULTANT 8,840
3825 PGA BLVD STE 1101
PALM BEACH GARDENS,FL33410
Total number of others receiving over $50,000 for professional services.............right arrow3
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
144,367,217
b
Average of monthly cash balances.......................
1b
7,469,565
c
Fair market value of all other assets (see instructions)................
1c
4,827,247
d
Total (add lines 1a, b, and c).........................
1d
156,664,029
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
156,664,029
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,349,960
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
154,314,069
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
7,715,703
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
7,715,703
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
400,486
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
400,486
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
7,315,217
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
7,315,217
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
7,315,217
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
18,995,538
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
18,995,538
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 7,315,217
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...... 1,728,551
b From 2020...... 3,306,525
c From 2021...... 4,413,388
d From 2022...... 4,971,878
e From 2023...... 11,998,804
f Total of lines 3a through e ........ 26,419,146
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 18,995,538
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..... 7,315,217
e Remaining amount distributed out of corpus 11,680,321
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 38,099,467
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) ... 		1,728,551
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		36,370,916
10 Analysis of line 9:
a Excess from 2020.... 3,306,525
b Excess from 2021.... 4,413,388
c Excess from 2022.... 4,971,878
d Excess from 2023.... 11,998,804
e Excess from 2024.... 11,680,321
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).)
DAVID S VOGEL
THAIS LOPEZ VOGEL
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 NATIONAL RED CROSS

430 17TH STREET NW
WASHINGOTN,DC20006 		NONE PUBLIC CHARITY GENERAL 80,000

AMPLIO NETWORK

1904 3RD AVE SUITE 417
SEATTLE,WA98101 		NONE PUBLIC CHARITY TALKING BOOKS PROGRAM 300,000

BENJAMIN PRIVATE SCHOOL INC

11000 ELLISON WILSON RD
NORTH PALM BEACH,FL33408 		NONE PRIVATE SCHOOL ANNUAL FUND - FINANCIAL AID ENDOWMENT 50,000

BEST BUDDIES INTERNATIONAL INC

100 SOUTHEAST 2ND ST SUITE 2200
MIAMI,FL33131 		NONE PUBLIC CHARITY BEST BUDDIES IN FLORIDA CITIZENS, LEADERSHIP AND PRE-EMPLOYMENT TRAINING CLIMATE IMPACT 75,000

BRAZIL FOUNDATION

216 EAST 45H STREET
NEW YORK,NY10017 		NONE PUBLIC CHARITY GENERAL 45,000

CAMP BOGGY CREEK

30500 BRANTLEY BRANCH RD
EUSTIS,FL32736 		NONE PUBLIC CHARITY GENRAL PURPOSE 25,000

CITIZEN CLIMATE EDUCATION

1330 ORANGE AVE 309
CORONADO,CA92118 		NONE PUBLIC CHARITY 2022 - 24 CONSERVATIVE OUTREACH INITIATIVE 50,000

CITIZENS CLIMATE INTERNATIONAL CORP

1330 ORANGE AVE 309
CORONADO,CA92118 		NONE PUBLIC CHARITY PEOPLE'S PAVILION AT COP28 2023 UNITED NATIONS CLIMATE CHANGE CONFERENCE 10,000

CLEO INSTITUTE INC

2103 CORAL WAY 2ND FLOOR
MIAMI,FL33145 		NONE PUBLIC CHARITY FLORIDA EXPANSION PLEDGE: 2020-2024 1,321,749

CLIMATE CENTRAL INC

1 PALMER SQ E STE 402
PRINCETON,NJ08542 		NONE PUBLIC CHARITY LEADING SCIENTISTS AND JOURNALISTS RESEARCHING AND INCREASING MEDIA COVERAGE OF CLIMATE HEALTH 15,000

COALITION FOR THE HOMELESS OF CENTRAL FLORIDA

18 NORTH TERRY AVENUE
ORLANDO,FL32801 		NONE PUBLIC CHARITY TO TRANSFORM THE LIVES OF HOMELESS MEN, WOMEN AND CHILDREN 60,000

DEPLOYUS

68 HARRISON AVE SUITE 605 PMB74752
BOSTON,MA02111 		NONE PUBLIC CHARITY GENRAL PURPOSE 1,150,000

EARTH CHARTER ASSOCIATES LTD

1061 RIVERSIDE AVE FLOOR 2
JACKSONVILLE,FL32204 		NONE PUBLIC CHARITY GENRAL PURPOSE 20,000

EDUCATION FOUNDATION OF PALM BEACH COUNTY

505 S CONGRESS AVE
BOYNTON BEACH,FL33426 		NONE PUBLIC CHARITY GENRAL PURPOSE 10,000

ENVIRONMENTAL DEFENSE FUND EDF

257 PARK AVENUE SOUTH 17TH FLOOR
NEW YORK,NY10010 		NONE PUBLIC CHARITY GENERAL 3,938,522

FLORIDA ATLANTIC UNIVERSITY FOUNDATION INC

777 GLADES RD
BOCA RATON,FL33431 		NONE PUBLIC CHARITY GENRAL PURPOSE 24,500

FLORIDA GULF COAST UNIVERSITY FOUNDATION INC

10501 FGCU BOULEVARD SOUTH
FORT MYERS,FL33965 		NONE PUBLIC UNIVERSITY WGCU ENVIRONMENTAL REPORTER 50,000

FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INC

11200 SW 8TH STREET MARC 540
MIAMI,FL33199 		NONE PUBLIC UNIVERSITY ENVIRONMENTAL FINANCE RISK MANAGEMENT PROGRAM 25,000

FLORIDA PHILANTHROPIC NETWORK INC

12191 W LINEBAUGH AVE STE 626
TAMPA,FL33626 		NONE PUBLIC CHARITY FLORIDA ENVIRONMENTAL RESILIENCY NETWORK (FERN) 10,000

FOUNDATION FOR ORANGE COUNTY PUBLIC SCHOOLS INC

445 WEST AMELIA STREET
ORLANDO,FL32801 		NONE PUBLIC CHARITY GENERAL 50,000

FRIEDREICHS ATAXIA RESEARCH ALLIANCE

533 W UWCHLAN AVE
DOWNINGTOWN,PA19335 		NONE PUBLIC CHARITY GENERAL 50,000

FRIENDS OF MACARTHUR BEACH STATE PARK

10900 JACK NICKLAUS DRIVE
NORTH PALM BEACH,FL33408 		NONE PUBLIC CHARITY 2023 "THE MAGIC OF MACBEACH" - DUNE PROTECTOR 72,200

H LEE MOFFITT CANCER CENTER & RESEARCH INSTITUTE FOUNDATION

12902 USF MAGNOLIA DRIVE
TAMPA,FL33612 		NONE PUBLIC CHARITY GENERAL 100,000

IDEAS FOR US

1030 W KALEY AVENUE
ORLANDO,FL32805 		NONE PUBLIC CHARITY BRIGHT IDEAS SOLUTION SHOWCASE 12,500

IMAGO POR LAS ARTES INC

150 MADEIRA AVENUE
CORAL GABLES,FL33134 		NONE PUBLIC CHARITY GENERAL 10,000

INSTITUTE FOR FUNCTIONAL MEDICINE

505 S 336TH STREET SUITE 600
FEDERAL WAY,FL98003 		NONE PUBLIC CHARITY EDUCATIONAL MISSION AND HIGH QUALITY TRAINING 10,000

JUST CAPITAL FOUNDATION INC

44 EAST 30TH STREET 11TH FLOOR
NEW YORK,NY10016 		NONE PUBLIC CHARITY GENERAL 100,000

LANIKAI CANOE CLUB

PO BOX 501
KAILUA,HI96734 		NONE PUBLIC CHARITY GENRAL PURPOSE 20,000

LELT FOUNDATION INC

243 RIVERSIDE DRIVE SUITE MZ2
NEW YORK,NY10025 		NONE PUBLIC CHARITY SUPPORT OF RENEWABLE ENERGY TECH LABS FOR MARGINALIZED CHILDREN IN ETHIOPIA 20,000

LORDS PLACE INC

7600 S DIXIE HWY
WEST PALM BEACH,FL33405 		NONE PUBLIC CHARITY GENERAL 50,000

MAKE A WISH FOUNDATION OF CENTRAL FLORIDA

1020 NORTH ORLANDO AVENUE SUITE 100
MAITLAND,FL32751 		NONE PUBLIC CHARITY WISHMAKER'S BALL 2023 IMPACT PARTNER 75,000

MASSACHUSETTS INSTITUTE OF TECHNOLOGY

77 MASSACHUSETTS AVE NE49-3142
CAMBRIDGE,MA02139 		NONE PRIVATE UNIVERSITY UNLOCKING FURTHER HALOCARBON EMISSIONS REDUCTIONS 19,565

METHUSELAH FOUNDATION

8021 FLINT ST
SPRINGFILED,VA22153 		NONE PUBLIC CHARITY GENERAL 5,000

MI FAMILIA VOTA EDUCATION FUND

1140 E WASHINGTON ST BLDG C STE 206
PHOENIX,AZ85034 		NONE PRIVATE SCHOOL MATCH ENERGY FOUNDATION PROJECT FOR VOTER AWARENESS 75,000

NEW YORK UNIVERSITY

251 MERCER STREET
NEW YORK,NY10012 		NONE PRIVATE UNIVERSITY GENERAL 60,000

NICKLAUS CHILDREN'S HOSPITAL FOUNDATION

3100 SW 62ND AVENUE ACB 2ND FLOOR
MIAMI,FL33155 		NONE PUBLIC CHARITY VOLO FOUNDATION CARDIAC AND NEUROLOGY FLOOR 1,000,000

NORTH PALM BEACH ROWING CLUB

13425 ELLISON WILSON RD
NORTH PALM BEACH,FL33408 		NONE PUBLIC CHARITY GENRAL PURPOSE 15,000

OCEAN CONSERVANCY

1300 NINETEENTH STREET NW 8TH FLOOR
WASHINGTON,DC20036 		NONE PUBLIC CHARITY SOUTH INDIAN RIVER LAGOON / PANELLAS PROJECT 50,000

PHILANTHROPY TANK

120 S OLIVE AVE 300
WEST PALM BEACH,FL33401 		NONE PUBLIC CHARITY 2023 VOLO GREEN AWARD 10,000

PLACE OF HOPE

9078 ISAIAH LANE
PALM BEACH GARDENS,FL33418 		NONE PUBLIC CHARITY OFFER HOUSING AND SUPPORT SERVICES 200,000

PROJECT ALIANZA

50 MILK ST FL 15
BOSTON,MA02109 		NONE PUBLIC CHARITY VOLANDO: UPSKILLING AND DEPLOYING WOMEN AS COMMUNITY EDUCATORS 55,000

PROJECT PEACE LATIN AMERICA INC

11111 BISCAYNE BLVD 725
MIAMI,FL33181 		NONE PUBLIC CHARITY GENRAL PURPOSE 25,000

RESOURCES FOR THE FUTURE

1616 P STREET NW
WASHINGTON,DC20036 		NONE PUBLIC CHARITY CARBON PRICING INITIATIVE 10,000

ROBIN HOOD FOUNDATION

826 BROADWAY 9TH FLOOR
NEW YORK,NY10003 		NONE PUBLIC CHARITY SUPPORT AND CONNECT THE MOST IMPACTFUL ORGANIZATIONS AND SCALABLE SOLUTIONS 30,000

SACHAMAMA

6000 COLLINS AVE
MIAMI,FL33140 		NONE PUBLIC CHARITY LATINX COMMUNITY ENGAGEMENT FOR OCEAN CONSERVATION IN FLORIDA 50,000

SAVE THE CHILDREN FEDERATION INC

501 KINGS HIGHWAY EAST SUITE 400
FAIRFIELD,CT06825 		NONE PUBLIC CHARITY REHABILITATE CHILDREN'S WING OF HOSPITAL VARGAS, CARACAS 200,000

SOCIAL & ENVIRONMENTAL ENTREPRENEURS INC

23564 CALABASAS RD SUITE 201
CALABASAS,CA91302 		NONE PUBLIC CHARITY GENRAL PURPOSE 275,000

SOLUTIONS FROM THE LAND

1430 FRONT AVE
LUTHVLE TIMON,MD21093 		NONE PUBLIC CHARITY ENHANCING AGRICULTURE AND AQUATIC RESILIENCE AND VIABILITY 100,000

ST JUDE'S CHILDREN'S RESEARCH HOSPITAL

262 DANNY THOMAS PLACE
MEMPHIS,TN38105 		NONE PUBLIC CHARITY ST. JUDE WALK/RUN PALM BEACH PRESENTING SPONSORSHIP 25,000

THE CLIMATE GROUP

335 MADISON AVENUE 4TH FLOOR
NEW YORK,NY10017 		NONE PUBLIC CHARITY BUSINESS ACTION- DECARBONIZATION IN THE UNITED STATES, SUPPORT CLIMATE WEEK 2023 NYC 125,000

THE EVERGLADES FOUNDATION

18001 OLD CUTLER ROAD SUITE 625
PALMETTO BAY,FL33157 		NONE PUBLIC CHARITY EVERGLADES GALA TO RAISE NEEDED FUNDS FOR THEIR MISSION TO PROTECT & RESTORE AMERICA'S EVERGLADES 130,000

THE KING'S ACADEMY INC

8401 BELVEDERE ROAD
WEST PALM BEACH,FL33411 		NONE PRIVATE SCHOOL GENERAL 75,000

THE NATURE CONSERVANCY

4245 NORTH FAIRFAX DRIVE SUITE 100
ARLINGTON,VA22203 		NONE PUBLIC CHARITY ENGAGING YOUTH IN CONSERVATION 100,000

THE OHIO STATE UNIVERSITY FOUNDATION

1480 WEST LANE AVENUE
COLUMBUS,OH43221 		NONE PUBLIC UNIVERSITY GENERAL 69,000

THE SCRIPPS RESEARCH INSTITUTE

355 S GRAND EVE
LOS ANGELES,CA90071 		NONE PUBLIC CHARITY ALI TORKAMANI PHD, PROSPECTIVE ELECTRONIC POLYGENIC RISK STUDY 336,000

THINKTECH HAWAII INC

900 FORT STREET MALL STE 888
HONOLULU,HI96813 		NONE PUBLIC CHARITY GENERAL 5,000

UNIVERSITY OF CALIFORNIA BERKLEY FOUNDATION

9500 GILMAN DR DEPT 0121
LA JOLLA,CA92093 		NONE PUBLIC CHARITY EFFECTS OF WILDFIRE SMOKE ON THE EPIGENOME 1,463,271

UNIVERSITY OF CENTRAL FLORIDA

4000 CENTRAL FLORIDA BLVD
ORLANDO,FL32816 		NONE PUBLIC UNIVERSITY GENERAL 1,100,000

UNLIMBITED FOUNDATION INC

PO BOX 751
JUPITER,FL33468 		NONE PUBLIC CHARITY GENERAL 75,000

WAIMANALO CANOE CLUB

41-852 OLUOLU ST
WAIMANALO,HI96795 		NONE PUBLIC CHARITY KEIKI (YOUTH - ALL AGES) PROGRAM 29,200

WATER PEOPLE THEATER GROUP NFP

1131 E HYDE PARK BLVD APT B
CHICAGO,IL60615 		NONE PUBLIC CHARITY THEATER TRAINING FOR LATINO CHILDREN AND TEENAGERS 81,000

WE ARE NEUTRAL

PO BOX 117001
GAINESVILLE,FL32611 		NONE PUBLIC CHARITY OFFSET VOLO'S 2023 CARBON FOOTPRINT 5,000

WORLD WILDLIFE FUND

1250 24TH STREET NW
WASHINGTON,DC20090 		NONE PUBLIC CHARITY GENERAL 105,000
Total .................................right arrow 3a 13,732,507
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 ........... 		         
4 Dividends and interest from securities ....     14 12,935,991  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 7,717,306  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 8,591,231  
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 29,244,528 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
29,244,528
(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:
VOLO FOUNDATION
EIN:
47-2415681
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
  27,637 27,637   0

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TY 2024 AmortizationSchedule
Name:
VOLO FOUNDATION
EIN:
47-2415681
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
COMPUTER SOFTWARE 2022-12-31 3,415 342 120.000000000000 342 0   684
COMPUTER SOFTWARE 2022-12-31 38,236 3,824 120.000000000000 3,824 0   7,648

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TY 2024 DepreciationSchedule
Name:
VOLO FOUNDATION
EIN:
47-2415681
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
COMPUTER SOFTWARE 2020-12-01 16,576   SL 3.000000000000 0 0    
COMPUTER SOFTWARE 2020-09-16 18,297   SL 3.000000000000 0 0    
DELL COMPUTER 2021-10-11 9,530 4,050 SL 5.000000000000 1,906 0    
APPLE COMPUTER 2021-10-11 6,105 2,595 SL 5.000000000000 1,221 0    
OFFICE DECOR 2021-09-01 16,600 5,631 SL 7.000000000000 2,371 0    
OFFICE FURNITURE 2021-10-11 1,300,000 394,642 SL 7.000000000000 185,714 0    
APPLE COMPUTER 2021-12-11 3,744 1,592 SL 5.000000000000 749 0    
SIGNAGE 2021-08-05 679 323 SL 5.000000000000 136 0    
FURNITURE 2022-06-30 90,000 19,286 SL 7.000000000000 12,857 0    
OFFICE IMPOVEMENTS 2022-06-30 17,355 1,736 SL 15.000000000000 1,157 0    
ARTWORK 2022-06-03 60,000   NC 0 % 0 0    
OFFICE IMPOVEMENTS 2022-12-31 9,939 994 SL 15.000000000000 663 0    
HYPNODYNE MONITOR 2023-03-06 4,315 86 SL 5.000000000000 173 0    
ARTWORK - CANOES 2023-08-15 47,500   NC 0 % 0 0    
ARTWORK - CANOES 2024-02-25 35,000   NC 0 % 0 0    

TY 2024 InvestmentsOtherSchedule2
Name:
VOLO FOUNDATION
EIN:
47-2415681
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
VOLORIDGE GLOBAL FUND LP AT COST 61,935,709 62,234,644
GSSG SOLAR PARTNERS III-B LP AT COST 2,016,770 2,750,196
KETHWORKS AT COST 100,000 100,000
GSSG SOLAR PARNTERS III LP AT COST 240,314 231,146
GRIDCURE INC AT COST 348,027 348,027
BLACK ROCK INVESTMENT AT COST 2,631,886 2,072,647
GOLDMAN SACHS AT COST 509,207 675,200
EAGLES VIEW SPECIAL PURPOSE OFFSHSORE FUND, LTD. - 1001A AT COST 16,567,681 27,456,481
VOLORIDGE FUND LTD - INITIAL AT COST 14,438,174 25,026,234
VOLORIDGE TRADING AGGRESSIVE FUND CLASS C SERIES INITIAL AT COST 7,262,521 26,473,883

TY 2024 LandEtcSchedule2
Name:
VOLO FOUNDATION
EIN:
47-2415681
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
COMPUTER SOFTWARE 16,576 16,576 0  
COMPUTER SOFTWARE 18,297 18,297 0  
DELL COMPUTER 9,530 5,956 3,574  
APPLE COMPUTER 6,105 3,816 2,289  
OFFICE DECOR 16,600 8,002 8,598  
OFFICE FURNITURE 1,300,000 580,356 719,644  
APPLE COMPUTER 3,744 2,341 1,403  
SIGNAGE 679 459 220  
FURNITURE 90,000 32,143 57,857  
OFFICE IMPOVEMENTS 17,355 2,893 14,462  
ARTWORK 60,000 0 60,000  
COMPUTER SOFTWARE 3,415 684 2,731  
OFFICE IMPOVEMENTS 9,939 1,657 8,282  
COMPUTER SOFTWARE 38,236 7,648 30,588  
HYPNODYNE MONITOR 4,315 3,711 604  
ARTWORK - CANOES 47,500 0 47,500  
ARTWORK - CANOES 35,000 0 35,000  


TY 2024 LegalFeesSchedule
Name:
VOLO FOUNDATION
EIN:
47-2415681
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
  14,060 7,030   7,030


TY 2024 OtherAssetsSchedule
Name:
VOLO FOUNDATION
EIN:
47-2415681
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DUE FROM PAYROLL SERVICER 210,000 35,917  


TY 2024 OtherDecreasesSchedule
Name:
VOLO FOUNDATION
EIN:
47-2415681
Description Amount
UNREALIZED GAIN/(LOSS) ADJUSTMENT 3,094,199


TY 2024 OtherExpensesSchedule
Name:
VOLO FOUNDATION
EIN:
47-2415681
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVERTISING 715,958 0   715,958
COMPUTER AND INTERNET EXPENSE 886 0   886
COMPUTER SOFTWARE 55,655 0   55,655
INTERNET 5,820 0   5,820
INSURANCE 20,806 0   20,806
MISCELLLANEOUS 1,056,150 0   1,056,150
OFFICE SUPPLIES 24,280 12,140   12,140
OUTSIDE CONTRACT SERVICES 310,648 0   310,648
PAYROLL PROCESSING FEES 44,156 0   44,156
PRINTING & COPYING 9,935 0   9,935
TELEPHONE & COMMUNICATIONS 3,086 1,543   1,543
WEBSITE 10,121 0   10,121
INVESTMENT EXPENSES FROM K-1 - GSSG SOLAR PARTNERS III, LP 84,496 84,496   0
INVESTMENT EXPENSE FROM K-1 - GSSG SOLAR PARTNERS III-B LP 12,121 12,121   0
INVESTMENT EXPENSE FROM K-1 - BLACKROCK GRPI 1,046 1,046   0
ESTIMATED TAX PAYMENTS 979,000 0   0
AMORTIZATION 4,166 0   0


TY 2024 OtherIncomeSchedule2
Name:
VOLO FOUNDATION
EIN:
47-2415681
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INVESTMENT INCOME FROM K-1 - VGF 7,799,578 7,799,578 7,799,578
INCOME FROM GSSG SOLAR PARTNERS III-B -84,362 -84,362 -84,362
OTHER INCOME 2,090 2,090 2,090


TY 2024 TaxesSchedule
Name:
VOLO FOUNDATION
EIN:
47-2415681
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 134,310 0   134,310
FOREIGN TAXES - VGF 228,295 228,295   0