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 10-01-2024 , and ending 09-30-2025
Name of foundation
KEVIN WALSH FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1637 IMPERIAL CIRCLE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NAPERVILLE, IL60563
A Employer identification number

35-7196069
B Telephone number (see instructions)

(630) 248-2601
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$19,153,995J 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... 195,631 195,631  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,886,700
b Gross sales price for all assets on line 6a 4,869,678
7 Capital gain net income (from Part IV, line 2)... 1,886,700
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........ 2,082,331 2,082,331  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,250 3,125   3,125
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
124,690 124,690   0
17 Interest............... 401,862 401,862   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
814 814   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 533,616 530,491   3,125
25 Contributions, gifts, grants paid....... 655,252 655,252
26 Total expenses and disbursements. Add lines 24 and 25 1,188,868 530,491   658,377
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 893,463
b Net investment income (if negative, enter -0-) 1,551,840
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............. 4    
2 Savings and temporary cash investments.........      
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)....... 10,193,186 Click to see attachment
List of Attached Documents:
// Content
10,435,673 		19,153,995
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)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,193,190 10,435,673 19,153,995
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
4,886,015 		Click to see attachment
List of Attached Documents:
// Content
4,235,028
23 Total liabilities (add lines 17 through 22)......... 4,886,015 4,235,028
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 5,307,175 6,200,645
29 Total net assets or fund balances (see instructions)..... 5,307,175 6,200,645
30 Total liabilities and net assets/fund balances (see instructions). 10,193,190 10,435,673
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
5,307,175
2
Enter amount from Part I, line 27a .....................
2
893,463
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
7
4
Add lines 1, 2, and 3 ..........................
4
6,200,645
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,200,645
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 CARVANA CO   2024-11-01 2025-09-18
b CARVANA CO   2024-11-01 2025-07-31
c CARVANA CO   2024-11-01 2025-06-10
d CARVANA CO   2024-11-01 2025-05-14
e NEOGENOMICS INC   2025-01-15 2025-09-18
THE HOME DEPOT INC   2025-03-20 2025-09-18
SUPER MICRO COMPUTER INC   2025-03-20 2025-09-18
SUPER MICRO COMPUTER INC   2025-03-20 2025-07-30
SAREPTA THERAPEUTICS INC   2025-05-08 2025-09-18
VANECK AGRIBUSINESS ETF   2025-07-03 2025-09-18
T. ROWE PRICE GROUP INC   2025-03-21 2025-09-18
RH COM   2025-03-21 2025-09-18
ZOOM VIDEO COMMUNICATIONS A   2025-01-29 2025-09-18
ELECTRONIC ARTS INC   2010-11-24 2025-09-18
MICRON TECHNOLOGY INC   2012-06-18 2025-09-18
BEST BUY CO INC   2012-08-27 2025-09-18
APPLE INC   2013-03-08 2025-09-18
APPLE INC   2013-03-08 2024-12-24
APPLE INC   2013-03-08 2024-12-11
APPLE INC   2013-03-08 2024-12-02
CARVANA CO   2017-05-03 2024-10-31
CARVANA CO   2017-05-03 2024-10-28
CHIPOTLE MEXICAN GRILL INC CLASS A   2017-11-28 2025-09-18
CITIGROUP INC   2018-04-13 2025-09-18
NEKTAR THERAPEUTICS   2018-06-04 2024-11-11
INTERNATIONAL PAPER CO   2019-01-07 2025-09-18
NEKTAR THERAPEUTICS   2019-11-22 2025-09-18
NEKTAR THERAPEUTICS   2019-11-22 2025-06-09
PELOTON INTERACTIVE INC   2020-01-08 2024-11-21
DELTA AIR LINES INC   2020-04-09 2025-09-18
DELTA AIR LINES INC   2020-04-09 2024-11-14
DELTA AIR LINES INC   2020-04-09 2024-11-06
ALIBABA GROUP HOLDING LTD ADR   2020-05-19 2025-09-18
BAIDU INC   2020-06-17 2025-09-18
SYLVAMO CORP   2020-06-17 2025-09-18
GE AEROSPACE   2020-07-08 2025-09-18
GE VERNOVA INC   2020-07-08 2025-09-18
BEYOND MEAT INC   2021-01-04 2025-09-18
PFIZER INC   2021-02-09 2025-09-18
GE HEALTHCARE TECHNOLOGIES INC. COM USD0.01   2021-02-19 2025-09-18
GE AEROSPACE   2021-02-19 2025-09-05
GE VERNOVA INC   2021-02-19 2025-07-25
GE AEROSPACE   2021-02-19 2025-05-12
GE AEROSPACE   2021-02-19 2025-01-23
GE VERNOVA INC   2021-02-19 2024-11-06
INTEL CORP   2021-04-23 2025-09-18
QUALCOMM INC   2021-07-26 2025-09-18
SHAKE SHACK INC   2021-07-26 2025-09-18
SHAKE SHACK INC   2021-07-26 2024-11-06
FREEPORT MCMORAN INC   2021-09-17 2025-09-18
ZOOM VIDEO COMMUNICATIONS A   2021-09-24 2025-09-18
BP PLC ADR   2022-02-01 2025-09-18
PAYPAL HOLDINGS INC   2022-02-28 2025-09-18
META PLATFORMS INC   2022-02-28 2025-09-18
META PLATFORMS INC   2022-02-28 2025-07-31
META PLATFORMS INC   2022-02-28 2025-02-14
META PLATFORMS INC   2022-02-28 2025-02-05
META PLATFORMS INC   2022-02-28 2025-01-27
META PLATFORMS INC   2022-02-28 2025-01-23
META PLATFORMS INC   2022-02-28 2024-12-03
AMAZON.COM INC   2022-03-04 2025-09-18
ISHARES RUSSELL 2000 ETF   2022-03-04 2025-09-18
JPMORGAN CHASE & CO   2022-03-04 2025-09-18
ALPHABET INC C   2022-03-04 2025-09-18
AMAZON.COM INC   2022-03-04 2024-12-04
AMAZON.COM INC   2022-03-04 2024-11-07
MODERNA INC   2022-11-01 2025-09-18
MORGAN STANLEY   2023-01-13 2025-09-18
WELLS FARGO & CO   2023-01-13 2025-09-18
MORGAN STANLEY   2023-01-13 2024-11-06
WELLS FARGO & CO   2023-01-13 2024-11-06
UNITED AIRLINES HOLDINGS INC   2023-01-18 2025-09-18
UNITED AIRLINES HOLDINGS INC   2023-01-18 2025-01-22
UNITED AIRLINES HOLDINGS INC   2023-01-18 2024-12-05
CVS HEALTH CORP   2023-01-26 2025-09-18
NUTRIEN LTD COM NPV   2023-01-26 2025-09-18
CATERPILLAR INC   2023-01-31 2025-09-18
CATERPILLAR INC   2023-01-31 2024-11-06
COINBASE GLOBAL INC COM USD0.00001 CL A   2023-02-06 2025-09-18
COINBASE GLOBAL INC COM USD0.00001 CL A   2023-02-06 2025-07-15
COINBASE GLOBAL INC COM USD0.00001 CL A   2023-02-06 2025-06-24
VALERO ENERGY CORP   2023-02-08 2025-09-18
BAXTER INTERNATIONAL INC   2023-02-09 2025-09-18
BLOCK INC   2023-03-07 2025-09-18
ARCHER DANIELS MIDLAND CO   2023-04-03 2025-09-18
VERIZON COMMUNICATIONS INC   2023-04-03 2025-09-18
WALT DISNEY COMPANY   2023-04-24 2025-09-18
FORD MOTOR CO   2023-04-24 2025-09-18
JOHNSON & JOHNSON   2023-04-24 2025-09-18
3M CO   2023-04-24 2025-09-18
SOLVENTUM CORP   2023-04-24 2025-09-18
NVIDIA CORP   2023-05-10 2025-09-18
NVIDIA CORP   2023-05-10 2025-06-27
MARVELL TECHNOLOGY INC   2023-05-15 2025-09-18
RH COM   2023-09-08 2025-09-18
DEXCOM INC   2024-07-26 2025-09-18
GENERAL MOTORS CO   2024-07-26 2025-09-18
T. ROWE PRICE GROUP INC   2024-04-26 2025-09-18
RH COM   2023-09-08 2024-11-25
COINBASE GLOBAL INC COM USD0.00001 CL A   2023-02-06 2024-11-11
UNITED AIRLINES HOLDINGS INC   2023-01-18 2024-11-26
UNITED AIRLINES HOLDINGS INC   2023-01-18 2024-11-13
UNITED AIRLINES HOLDINGS INC   2023-01-18 2024-10-30
META PLATFORMS INC   2022-02-28 2024-12-11
SHAKE SHACK INC   2021-07-26 2024-10-30
META PLATFORMS INC   2022-02-28 2024-10-02
(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 97,777   60,758 37,019
b 19,686   11,913 7,773
c 51,600   35,740 15,860
d 30,500   23,827 6,673
e 12,330   22,516 -10,186
62,678   53,042 9,636
49,595   43,622 5,973
15,500   10,005 5,495
19,440   41,756 -22,316
38,850   39,601 -751
118,676   105,919 12,757
43,778   43,005 773
13,050   12,882 168
15,564   1,363 14,201
45,662   1,686 43,976
20,807   5,226 15,581
90,000   5,793 84,207
12,800   772 12,028
18,749   1,159 17,590
41,749   20,782 20,967
35,999   1,460 34,539
20,799   973 19,826
173,537   24,662 148,875
80,556   52,986 27,570
2,047   53,995 -51,948
31,941   27,706 4,235
1,946   11,213 -9,267
3   82 -79
4,500   14,745 -10,245
23,178   9,885 13,293
9,900   3,802 6,098
15,312   6,336 8,976
142,305   179,769 -37,464
40,029   37,019 3,010
1,340   623 717
149,716   24,949 124,767
80,985   6,281 74,704
704   31,747 -31,043
15,840   23,133 -7,293
14,592   12,127 2,465
21,225   4,422 16,803
32,283   3,024 29,259
21,932   5,895 16,037
20,199   5,895 14,304
8,250   1,512 6,738
9,534   17,677 -8,143
35,070   30,162 4,908
24,275   25,073 -798
13,300   10,234 3,066
112,299   82,178 30,121
176,175   374,406 -198,231
10,326   9,545 781
36,776   58,936 -22,160
195,233   51,767 143,466
116,457   31,784 84,673
73,298   21,189 52,109
71,198   21,189 50,009
66,098   21,189 44,909
95,397   31,784 63,613
76,273   26,487 49,786
69,714   43,636 26,078
144,486   118,925 25,561
46,815   20,052 26,763
113,301   59,441 53,860
26,999   18,182 8,817
15,900   10,909 4,991
2,956   17,767 -14,811
33,949   19,375 14,574
29,305   14,907 14,398
9,705   6,759 2,946
10,944   6,299 4,645
15,972   7,522 8,450
28,999   12,537 16,462
25,499   12,538 12,961
38,582   45,663 -7,081
12,656   18,218 -5,562
33,822   18,603 15,219
20,382   12,402 7,980
381,420   87,042 294,378
40,000   7,440 32,560
33,000   7,440 25,560
39,444   32,105 7,339
5,281   9,030 -3,749
17,210   17,924 -714
54,667   72,118 -17,451
19,719   17,738 1,981
17,216   14,913 2,303
8,045   8,362 -317
20,309   18,826 1,483
46,434   26,535 19,899
5,582   4,875 707
111,238   18,511 92,727
39,500   7,231 32,269
16,394   9,272 7,122
32,257   46,813 -14,556
16,409   14,647 1,762
44,100   33,325 10,775
31,647   34,345 -2,698
28,174   25,078 3,096
111,468   26,038 85,430
9,850   5,015 4,835
13,500   7,523 5,977
19,499   12,538 6,961
94,947   31,784 63,163
9,374   7,675 1,699
43,390   15,892 27,498
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       37,019
b       7,773
c       15,860
d       6,673
e       -10,186
      9,636
      5,973
      5,495
      -22,316
      -751
      12,757
      773
      168
      14,201
      43,976
      15,581
      84,207
      12,028
      17,590
      20,967
      34,539
      19,826
      148,875
      27,570
      -51,948
      4,235
      -9,267
      -79
      -10,245
      13,293
      6,098
      8,976
      -37,464
      3,010
      717
      124,767
      74,704
      -31,043
      -7,293
      2,465
      16,803
      29,259
      16,037
      14,304
      6,738
      -8,143
      4,908
      -798
      3,066
      30,121
      -198,231
      781
      -22,160
      143,466
      84,673
      52,109
      50,009
      44,909
      63,613
      49,786
      26,078
      25,561
      26,763
      53,860
      8,817
      4,991
      -14,811
      14,574
      14,398
      2,946
      4,645
      8,450
      16,462
      12,961
      -7,081
      -5,562
      15,219
      7,980
      294,378
      32,560
      25,560
      7,339
      -3,749
      -714
      -17,451
      1,981
      2,303
      -317
      1,483
      19,899
      707
      92,727
      32,269
      7,122
      -14,556
      1,762
      10,775
      -2,698
      3,096
      85,430
      4,835
      5,977
      6,961
      63,163
      1,699
      27,498
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,886,700
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 21,571
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 21,571
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 21,571
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 6,100
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,100
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 15,471
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   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$ 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIL
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 arrowKEVIN WALSH Telephone no.right arrow (630) 983-4554

Located atright arrow1637 IMPERIAL CIRCLENAPERVILLEIL ZIP+4right arrow60653
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
KEVIN WALSH TRUSTEE
0.25 		0 0 0
1637 IMPERIAL CIRCLE
NAPERVILLE,IL60653
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
18,774,404
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
18,774,404
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
5,814,968
3
Subtract line 2 from line 1d.........................
3
12,959,436
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
194,392
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
12,765,044
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
638,252
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
638,252
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
21,571
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
14,146
c
Add lines 2a and 2b............................
2c
35,717
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
602,535
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
602,535
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
602,535
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
658,377
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
658,377
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 7 602,535
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 51,897
b Total for prior years:20 , 20, 20 0
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 ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 658,377
a Applied to 2023, but not more than line 2a 51,897
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..... 602,535
e Remaining amount distributed out of corpus 3,945
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 3,945
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) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		3,945
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.... 3,945
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).)
KEVIN WALSH
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 e-mail address of the person to whom applications should be addressed:
KEVIN WALSH
1637 IMPERIAL CIRCLE
NAPERVILLE,IL60563
(630) 248-2601
bThe form in which applications should be submitted and information and materials they should include:
N/A
cAny submission deadlines:
N/A
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
N/A
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

DOCTORS WITHOUT BORDERS

40 RECTOR STREET 16TH FLOOR
NEW YORK,NY10006 		NONE PC GENERAL PURPOSE 3,000

NATIONAL MS SOCIETY

733 THIRD AVENUE
NEW YORK,NY10017 		NONE PC GENERAL PURPOSE 1,192

MEMORIAL SLOAN KETTERING CANCER CENTER

1275 YORK AVENUE
NEW YORK,NY10065 		NONE PC GENERAL PURPOSE 2,000

BREAKTHROUGH

200 VESEY STREET 28TH FLOOR
NEW YORK,NY10281 		NONE PC GENERAL PURPOSE 250

UNITED NATIONS FOUNDATION

1750 PENNSYLVANIA AVENUE NW
WASHINGTON,DC20006 		NONE PC GENERAL PURPOSE 2,000

UNRWA USA

PO BOX 18697
WASHINGTON,DC20036 		NONE PC GENERAL PURPOSE 2,000

WORLD CENTRAL KITCHEN

PO BOX 96538
WASHINGTON,DC20090 		NONE PC GENERAL PURPOSE 2,500

FUTURE FARMERS OF AMERICA

6060 FFA DR
INDIANAPOLIS,IN46278 		NONE PC GENERAL PURPOSE 4,000

UNIVERSITY OF NOTRE DAME

1100 GRACE HALL
NOTRE DAME,IN46556 		NONE PC GENERAL PURPOSE 220,000

CARE OF SOUTHEASTERN MICHIGAN

18441 UTICA ROAD
ROSEVILLE,MI48066 		NONE PC GENERAL PURPOSE 5,000

HENRY FORD ROCHESTER FOUNDATION

1101 W UNIVERSITY DR
ROCHESTER,MI48307 		NONE PC GENERAL PURPOSE 5,000

TRUE NORTH TO FREEDOM

PO BOX 725
STERLING HEIGHTS,MI48311 		NONE PC GENERAL PURPOSE 2,500

TEAM CONTINUE

56122 LANCEWOOD DR
SHELBY TWP,MI48316 		NONE PC GENERAL PURPOSE 12,000

ANGELS OF HOPE

7755 22 MILE RD 183280
SHELBY TWP,MI48318 		NONE PC GENERAL PURPOSE 5,000

LORAS COLLEGE

1450 ALTA VISTA ST
DUBUQUE,IA52001 		NONE PC GENERAL PURPOSE 2,250

LUMEN CHRISTI CATHOLIC CHURCH

2750 W MEQUON ROAD
MEQUON,WI53092 		NONE PC GENERAL PURPOSE 500

MARQUETTE UNIVERSITY

PO BOX 1881
MILWAUKEE,WI53201 		NONE PC GENERAL PURPOSE 4,052

DIVINE SAVIOR HOLY ANGELS HIGH SCHOOL

4257 N 100TH ST
MILWAUKEE,WI53222 		NONE PC GENERAL PURPOSE 500

NORTHWEST CHARGERS HOCKEY ASSOCIATION

1501 FEEHANVILLE DR
MT PROSPECT,IL60056 		NONE PC GENERAL PURPOSE 5,000

MUNDELEIN SEMINARY

1000 E MAPLE AVE
MUNDELEIN,IL60060 		NONE PC GENERAL PURPOSE 1,000

BORDER TAILS RESCUE

2975 MILWAUKEE AVE
NORTHBROOK,IL60062 		NONE PC GENERAL PURPOSE 500

ST CATHERINE OF SIENA CHURCH

845 W MAIN ST
WEST DUNDEE,IL60118 		NONE PC GENERAL PURPOSE 100

NORTHERN ILLINOIS FOOD BANK

273 DEARBORN CT
GENEVA,IL60134 		NONE PC GENERAL PURPOSE 5,000

ST PIUS CATHOLIC CHURCH

1025 E MADISON ST
LOMBARD,IL60148 		NONE PC GENERAL PURPOSE 100

MIDWEST SHELTER FOR HOMELESS VETERANS

433 S CARLTON AVE
WHEATON,IL60187 		NONE PC GENERAL PURPOSE 5,000

SOPEL FOUNDATION FOR DYSLEXIA

141 WOODSTOCK AVE
CLARENDON HILLS,IL60514 		NONE PC GENERAL PURPOSE 1,000

LOAVES AND FISHES COMMUNITY SERVS

1871 HIGH GROVE LANE
NAPERVILLE,IL60540 		NONE PC GENERAL PURPOSEGENERAL PURPOSE 12,000

CANOPY

264 MAIN ST
SUGAR GROVE,IL60554 		NONE PC GENERAL PURPOSE 5,300

AMERICAN CANCER SOCIETY

1 E WACKER DR
CHICAGO,IL60601 		NONE PC GENERAL PURPOSE 5,000

AMERICAN DIABETES ASSOCIATION

55 E MONROE ST STE 3420
CHICAGO,IL60603 		NONE PC GENERAL PURPOSE 750

EASTER SEALS

141 W JACKSON BLVD 1400A
CHICAGO,IL60604 		NONE PC GENERAL PURPOSE 1,293

ST IGNATIUS COLLEGE PREP

1076 ROOSEVELT RD
CHICAGO,IL60608 		NONE PC GENERAL PURPOSE 298,115

IMMACULATE CONCEPTION ST JOSEPHS

1107 N ORLEANS ST
CHICAGO,IL60610 		NONE PC GENERAL PURPOSE 750

ANNUAL CATHOLIC APPEAL

835 NORTH RUSH STREET
CHICAGO,IL60611 		NONE PC GENERAL PURPOSE 1,000

ST BENEDICT PARISH

2201 W IRVING PARK ROAD
CHICAGO,IL60618 		NONE PC GENERAL PURPOSE 2,000

THE FRIENDSHIP CENTER

2711 W LAWRENCE AVE
CHICAGO,IL60625 		NONE PC GENERAL PURPOSE 500

IRISH FELLOWSHIP CLUB

PO BOX 31953
CHICAGO,IL60631 		NONE PC GENERAL PURPOSE 18,800

ST JULIANA PARISH

7200 OSCEOLA AVE
CHICAGO,IL60631 		NONE PC GENERAL PURPOSE 4,000

REFUGEE ONE

5537 N BROADWAY
CHICAGO,IL60640 		NONE PC GENERAL PURPOSE 500

LA CASA NORTE

3533 W NORTH AVE
CHICAGO,IL60647 		NONE PC GENERAL PURPOSE 500

ST PATRICKS DAY PARADE

2609 W 110TH ST
CHICAGO,IL60655 		NONE PC GENERAL PURPOSE 800

SIT STAY READ

2849 NORTH CLARK STREET
CHICAGO,IL60657 		NONE PC GENERAL PURPOSE 500

COFFEE HIP-HOP & MENTAL HEALTH

1051 WEST BELMONT
CHICAGO,IL60657 		NONE PC GENERAL PURPOSE 500

MISERICORDIA

6300 NORTH RIDGE ROAD
CHICAGO,IL60660 		NONE PC GENERAL PURPOSEGENERAL PURPOSE 1,000

OLD ST PATRICKS CHURCH

711 W MONROE ST
CHICAGO,IL60661 		NONE PC GENERAL PURPOSE 5,500

SAFER FOUNDATION

571 JACKSON BLVD
CHICAGO,IL60661 		NONE PC GENERAL PURPOSE 500

PROJECT PURPLE

1 DEARBORN SQ STE 555
KANKAKEE,IL60901 		NONE PC GENERAL PURPOSE 1,000

CRIME STOPPERS

PO BOX 5276
PEORIA,IL61601 		NONE PC GENERAL PURPOSE 2,500

KIDSAVE

200 CORPORATE POINTE SUITE 325
CULVER CITY,CA90230 		NONE PC GENERAL PURPOSE 1,000
Total .................................right arrow 3a 655,252
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 ....     14 195,631  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,886,700  
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 2,082,331 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,082,331
(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:
KEVIN WALSH FAMILY FOUNDATION
EIN:
35-7196069
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEES 6,250 3,125   3,125

TY 2024 InvestmentsCorpStockSchedule
Name:
KEVIN WALSH FAMILY FOUNDATION
EIN:
35-7196069
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO 141,729 263,806
ALIBABA GROUP HOLDING LTD SPON ADS EACH 593,464 888,288
ALPHABET INC 336,832 621,053
AMAZON.COM INC 85,556 373,269
APPLE INC 32,492 541,089
ARCHER-DANIELS-MIDLA ND CO 242,159 301,986
BAIDU INC SPON ADS EACH REP 8 ORD SHS 190,021 224,009
BAXTER INTERNATIONAL INC 51,172 29,032
BEST BUY CO INC 25,010 118,723
BEYOND MEAT INC 114,506 2,731
BLOCK INC 101,569 92,144
BP PLC ADR 54,089 58,582
CARVANA CO 115,758 545,112
CATERPILLAR INC 105,417 202,789
CHIPOTLE MEXICAN GRILL INC CLASS A 139,660 974,263
CITIGROUP INC 253,717 452,690
COINBASE GLOBAL CL A ORD 405,820 2,237,559
CVS HEALTH CORP 248,152 224,285
DELTA AIR LINES INC 56,014 125,418
DEXCOM INC 83,001 85,795
DISNEY WALT CO COM 84,507 97,325
ELECTRONIC ARTS INC 7,726 102,867
FORD MOTOR CO 44,943 46,764
FREEPORT MCMORAN INC 445,344 553,394
GE AEROSPACE 94,872 875,386
GE HEALTHCARE TECHNOLOGIES ORD 38,030 79,606
GE VERNOVA INC 24,072 442,728
GENERAL MOTORS CO 188,844 259,123
HOME DEPOT INC HD 300,572 344,412
INTEL CORP 87,879 57,035
INTERNATIONAL PAPER CO 136,067 177,480
ISHARES RUSSELL 2000 ETF 544,614 822,664
JOHNSON & JOHNSON 103,951 117,742
JPMORGAN CHASE & CO 113,627 268,116
MARVELL TECHNOLOGY INC 52,543 107,189
META PLATFORMS INC 279,762 1,028,132
MICRON TECHNOLOGY INC 9,602 266,875
MODERNA INC 98,105 16,402
MORGAN STANLEY 109,040 192,342
NEKTAR THERAPEUTICS 46,073 11,266
NEOGENOMICS INC 127,592 65,620
NUTRIEN LTD 103,236 74,855
NVIDIA CORP 104,165 673,554
PAYPAL HOLDINGS INC 217,252 199,504
PFIZER INC 131,087 95,295
QUALCOMM INC 134,841 197,968
RH COM 502,409 374,830
SAREPTA THERAPEUTICS INC SRPT 236,619 122,846
SHAKE SHACK INC 89,730 129,182
SOLVENTUM CORP 26,041 31,025
SUPER MICRO COMPUTER INC COM NEW SMCI 246,523 295,310
SYLVAMO CORP 3,412 7,517
PRICE T ROWE GROUPS COM USD0.20 789,468 828,818
UNITED AIRLINES HOLDINGS INC 42,628 82,025
VALERO ENERGY CORP 177,962 231,554
VERIZON COMMUNICATIONS INC 100,513 112,073
WALT DISNEY COMPANY 83,775 0
WELLS FARGO & CO 0 167,221
ZOOM VIDEO COMMUNICATIONS A 907,705 1,016,813
VANECK ETF TR VANECK AGRIBUSINESS ETF 224,404 218,514

TY 2024 OtherIncreasesSchedule
Name:
KEVIN WALSH FAMILY FOUNDATION
EIN:
35-7196069
Description Amount
COST BASIS ADJUSTMENT 7


TY 2024 OtherLiabilitiesSchedule
Name:
KEVIN WALSH FAMILY FOUNDATION
EIN:
35-7196069
Description Beginning of Year - Book Value End of Year - Book Value
MARGIN LIABILITY 4,886,015 4,235,028


TY 2024 OtherProfessionalFeesSchedule
Name:
KEVIN WALSH FAMILY FOUNDATION
EIN:
35-7196069
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 124,690 124,690   0


TY 2024 TaxesSchedule
Name:
KEVIN WALSH FAMILY FOUNDATION
EIN:
35-7196069
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 814 814   0