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 07-01-2024 , and ending 06-30-2025
Name of foundation
SUNSHINE CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)111 LAKE STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LIBERTYVILLE, IL60048
A Employer identification number

20-1919538
B Telephone number (see instructions)

(847) 615-9560
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$92,328,245J Accounting method:
MODIFIED CASH
(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... 1,113,096 1,113,096  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
4,567,272
b Gross sales price for all assets on line 6a 26,604,524
7 Capital gain net income (from Part IV, line 2)... 4,563,769
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
16,586 -60,887 0
12 Total. Add lines 1 through 11........ 5,696,954 5,615,978 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
59,066 41,346 0 5,907
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,320,533 1,320,533 0 0
17 Interest............... 5,068 5,046    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
6,012 0 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
869,906 869,859 0 47
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,260,585 2,236,784 0 5,954
25 Contributions, gifts, grants paid....... 3,271,290 3,271,290
26 Total expenses and disbursements. Add lines 24 and 25 5,531,875 2,236,784 0 3,277,244
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 165,079
b Net investment income (if negative, enter -0-) 3,379,194
c Adjusted net income (if negative, enter -0-)... 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............. 610,322 563,894 563,894
2 Savings and temporary cash investments......... 33,273,118 21,743,850 14,059,636
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) right arrow0
Less: allowance for doubtful accounts right arrow0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
0 		0
c Investments—corporate bonds (attach schedule)....... 0   0
11 Investments—land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 81,015,446 Click to see attachment
List of Attached Documents:
// Content
93,043,608 		77,704,715
14 Land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
15 Other assets (describe right arrow) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 114,898,886 115,351,352 92,328,245
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
93,863 		Click to see attachment
List of Attached Documents:
// Content
264,013
23 Total liabilities (add lines 17 through 22)......... 93,863 264,013
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 114,805,023 115,087,339
29 Total net assets or fund balances (see instructions)..... 114,805,023 115,087,339
30 Total liabilities and net assets/fund balances (see instructions). 114,898,886 115,351,352
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
114,805,023
2
Enter amount from Part I, line 27a .....................
2
165,079
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
117,237
4
Add lines 1, 2, and 3 ..........................
4
115,087,339
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
115,087,339
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 GCG INVESTORS III, LP      
b NEW VENTURES III VO LLC      
c GCG INVESTORS IV, LP      
d METHOD ONE, LLC      
e RPM VENTURES III, L.P.      
RPM VENTURES IV LP      
RESOLUTE I LP      
RESOLUTE III, LP      
RESOLUTE V, LP      
RESOLUTE ANNEX I LP      
RESOURCE LAND FUND IV, LLC      
Alladapt Immunotherapeutics Inc.      
Alladapt Immunotherapeutics Inc.      
Alladapt Immunotherapeutics Inc.      
Alladapt Immunotherapeutics Inc.      
NJOY Inc. Milestone Payment      
Before Brands, Inc.      
Before Brands, Inc.      
IB VGSH ETF Realized      
Fidelity Realized      
Northern Trust Realized      
Pictet Tbills Realized      
Pictet Gold Realized      
IB 1256 Contracts Realized      
(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 0   47,412 -47,412
b 0   50,914 -50,914
c 680   0 680
d 14,761   0 14,761
e 0   18,829 -18,829
0   18,125 -18,125
0   492 -492
0   37,898 -37,898
0   14,483 -14,483
0   557 -557
62,602   0 62,602
0   15,421 -15,421
0   1,204,517 -1,204,517
0   60,619 -60,619
12,588   439,381 -426,793
4,483,282   0 4,483,282
0   77,053 -77,053
0   199,998 -199,998
2,110,712   2,091,267 19,445
5,577,756   3,372,123 2,205,633
13,257,389   13,057,602 199,787
205,982   202,752 3,230
1,067,481   530,259 537,222
2,954,802   3,744,564 -789,762
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     0 -47,412
b     0 -50,914
c     0 680
d     0 14,761
e     0 -18,829
    0 -18,125
    0 -492
    0 -37,898
    0 -14,483
    0 -557
    0 62,602
    0 -15,421
    0 -1,204,517
    0 -60,619
    0 -426,793
    0 4,483,282
    0 -77,053
    0 -199,998
    0 19,445
    0 2,205,633
    0 199,787
    0 3,230
    0 537,222
    0 -789,762
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 4,563,769
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 46,971
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-) Click to see attachment
List of Attached Documents:
// Content
2 0
3 Add lines 1 and 2........................... 3 46,971
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 46,971
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 154,275
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 154,275
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 107,304
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow107,304 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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
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 arrowCA, IL
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
Yes
 
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 arrowJANE BRONSON Telephone no.right arrow (847) 615-9560

Located atright arrow111 LAKE STREETLIBERTYVILLEIL ZIP+4right arrow60048
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? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowSZ
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)
Yes
 
(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
Yes
 
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
No
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
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
David G Bunning President Director
1.00 		0 0 0
111 LAKE STREET
LIBERTYVILLE,IL60048
Denise A Bunning Vice President Director
1.00 		0 0 0
111 LAKE STREET
LIBERTYVILLE,IL60048
Nathan Ballard Secretary Director
1.00 		0 0 0
111 LAKE STREET
LIBERTYVILLE,IL60048
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
 
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
TLP Services Investment Mgmt 1,320,533
111 Lake Street
Libertyville,IL60048
Ernst & Young LLP Accounting Svcs 59,066
155 N Wacker Dr
Chicago,IL60606
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 None  
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
5,563,151
b
Average of monthly cash balances.......................
1b
16,365,462
c
Fair market value of all other assets (see instructions)................
1c
70,907,050
d
Total (add lines 1a, b, and c).........................
1d
92,835,663
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
92,835,663
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,392,535
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
91,443,128
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,572,156
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
4,572,156
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
46,971
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
46,971
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,525,185
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
4,525,185
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
4,525,185
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
3,277,244
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
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,277,244
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 4,525,185
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:2022, 2021, 2020 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 0
b From 2020...... 0
c From 2021...... 298,195
d From 2022...... 2,640,420
e From 2023...... 0
f Total of lines 3a through e ........ 2,938,615
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 3,277,244
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..... 3,277,244
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 1,247,941 1,247,941
(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 1,690,674
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...... 		 
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 ...... 		1,690,674
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 1,690,674
d Excess from 2023.... 0
e Excess from 2024.... 0
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 G Bunning
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.
David G Bunning
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

A Foundation Building Strength

3825 El Camino Real
Palo Alto,CA94306 		None PC General Support Grant 1,000

Ames Education Foundation

PO Box 1125
Ames,IA500141125 		None PC General Support Grant 10,000

APFED

PO Box 29545
Atlanta,GA30359 		None PC General Support Grant 10,000

Bold Foundation Inc

3700 Tennyson Street
Denver,CO80212 		None PC General Support Grant 3,000

Boys & Girls Club of Door County Inc

55 South Third Ave
Sturgeon Bay,WI54235 		None PC General Support Grant 10,000

Boys & Girls Club of Lake County

1801 Sheridan Rd Suite 202
North Chicago,IL60064 		None PC General Support Grant 5,000

Celiac Disease Foundation

20350 Ventura Blvd Suite 240
Woodland Hills,CA91364 		None PC General Support Grant 1,000

Chi-Care

2711 N Halsted St
Chicago,IL60614 		None PC General Support Grant 1,000

Cincinnati Children's Hospital Medical Center

3333 Burnett Avenue
Cincinnati,OH45229 		None PC General Support Grant 150,000

Community Partners For Affordable Housing

800 S Milwaukee Ave Ste 201
Libertyville,IL60048 		None PC General Support Grant 1,000

CURED NFP

2937 Bayberry Drive
Buffalo Grove,IL60089 		None PC General Support Grant 5,000

Delta Waterfowl Foundation

1412 Basin Avenue
Bismarck,ND58504 		None PC General Support Grant 100,000

Door County Land Trust

PO Box 65
Sturgeon Bay,WI54235 		None PC General Support Grant 1,000

Door County YMCA

1900 Michigan Street
Sturgeon Bay,WI54235 		None PC General Support Grant 510,000

Ducks Unlimited Inc

3427 Vernon Ave
Brookfield,IL60513 		None PC General Support Grant 1,028,000

Ducks Unlimited - Capital Hill Chapter

444 North Capitol Street NW 745
Washington,DC20001 		None PC General Support Grant 5,000

Erikson Institute

451 N LaSalle Street
Chicago,IL60654 		None PC General Support Grant 6,000

FARE

515 Madison Avenue Suite 1912
New York,NY10022 		None PC General Support Grant 333,333

Feed and Clothe My People

PO Box 741
Sturgeon Bay,WI54235 		None PC General Support Grant 5,000

Feed My Starving Children

401 93rd Avenue NW
Coon Rapids,MN55433 		None PC General Support Grant 1,000

Friends of Lake Forest Parks & Recreation

400 Hastings Rd
Lake Forest,IL60045 		None PC General Support Grant 1,000

Galena Volunteer Fire Department

101 S Bench St
Galena,IL61036 		None PC General Support Grant 1,000

Galena School District #120

1206 Franklin
Galena,IL61036 		None GOV General Support Grant 10,000

Glenbrook High School District 225

1835 Landwehr Road
Glenview,IL60026 		None GOV General Support Grant 5,000

Gorton Community Center

400 East Illinois Rd
Lake Forest,IL60045 		None PC General Support Grant 11,000

Hadley Institute for the Blind & Visually

700 Elm Street
Winnetka,IL60093 		None PC General Support Grant 1,000

Help Our Military Heroes Inc

15 Pheasant Land
Easton,CT06612 		None PC General Support Grant 10,000

Harvard Varsity Club

65 N Harvard St
Boston,MA02163 		None PC General Support Grant 6,000

HELP of Door County Inc

219 Green Bay Road
Sturgeon Bay,WI54235 		None PC General Support Grant 5,000

Henry-Senachwine CUSD 5

1023 College Street
Henry,IL61537 		None PC General Support Grant 5,000

Invisible Institute

PO Box 15459
Chicago,IL60615 		None PC General Support Grant 2,500

Jo Daviess Conservation Foundation

126 N Main Street
Elizabeth,IL610280216 		None PC General Support Grant 5,000

Lake Forest Academy

1500 W Kennedy Rd
Lake Forest,IL60045 		None PC General Support Grant 1,000

Lake Forest High School Foundation

1285 North McKinley Road
Lake Forest,IL60045 		None PC General Support Grant 5,000

Lake Forest Swim Club

555 N Sheridan Rd
Lake Forest,IL60045 		None PC General Support Grant 1,000

Ann & Robert H Lurie Children's Foundation

225 E Chicago Ave Box 4
Chicago,IL606114455 		None PC General Support Grant 20,000

Ann & Robert H Lurie Children's Hospital

225 E Chicago Ave Box 4
Chicago,IL606114455 		None PC General Support Grant 2,500

Medical Univ of South Carolina Foundation

18 Bee Street MSC 450
Charleston,SC29425 		None PC General Support Grant 2,500

MidwayUSA Foundation

6002 W Van Horn Tavern Road suite c
Columbia,MO65203 		None PC General Support Grant 1,000

National Alopecia Areata Foundation

14 Mitchell Blvd
San Rafael,CA94903 		None PC General Support Grant 40,000

National Wrestling Coaches Association Inc

P O Box 254
Manheim,PA17545 		None PC General Support Grant 450,000

National-Louis University

1000 Capitol Dr
Wheeling,IL60090 		None PC General Support Grant for National College of Education 5,000

Nerinx Hall High School

530 East Lockwood Ave
Webster Groves,MO63119 		None PC General Support Grant 1,000

North Chicago Community Partners

855 Skokie Highway
Lake Bluff,IL60044 		None PC General Support Grant 2,500

Northern Illinois University Foundation

1425 W Lincoln Highway
DeKalb,IL60115 		None PC General Support Grant for College of Education 10,000

Northwestern Memorial Foundation

1200 North Westmoreland Road
Lake Forest,IL60045 		None PC General Support Grant 250,000

One for One

300 N Canal Street Suite 2402
Chicago,IL60606 		None PC General Support Grant 1,000

Pheasants Forever Inc

2918 Larkspur Lane
Freeport,IL61032 		None PC General Support Grant 1,200

Songs by Heart Foundation

1717 K Street NW
Washington,DC20006 		None PC General Support Grant 1,000

Spirit of 67 Foundation

300 South Waukegan Road
Lake Forest,IL60045 		None PC General Support Grant 5,000

St Jude Children's Research Hospital

5501 N Cumberland Ave Suite 101
Chicago,IL60656 		None PC General Support Grant 2,500

Start Early (FKA Ounce of Prevention Fund)

33 W Monroe Suite 1200
Chicago,IL60603 		None PC General Support Grant 50,000

Sturgeon Bay School District

1230 Michigan Street
Sturgeon Bay,WI54235 		None PC General Support Grant 10,000

Sturgeon Bay Yacht Club Sail Training Foundation Inc

600 Nautical Drive
Sturgeon Bay,WI54235 		None PC General Support Grant 10,000

The Galena Territory Foundation

2000 Territory Drive
Galena,IL61036 		None PC General Support Grant 2,000

The Josselyn Center NFP

405 Central Ave
Northfield,IL60093 		None PC General Support Grant 5,000

Third Avenue Playhouse Inc

239 N 3rd Avenue
Sturgeon Bay,WI54235 		None PC General Support Grant 2,500

Trustees of Boston College

140 Commonwealth Avenue
Chestnut Hill,MA02467 		None PC Lynch School of Education & Connell School of Nursing 10,000

United Way of Door County

PO Box 223
Sturgeon Bay,WI54235 		None PC General Support Grant 5,000

University of Chicago

5801 South Ellis Avenue
Chicago,IL60637 		None PC General Support Grant 85,000

University of Chicago

5235 S Harper Court 4th Floor
Chicago,IL60615 		None PC General Support Grant 1,000

USA Wrestling

6155 Lehman Dr
Colorado Springs,CO809183456 		None PC General Support Grant - Living the Dream Fund 29,757

Waterloo Community School District

1516 Washington Street
Waterloo,IA50702 		NONE GOV General Support Grant 10,000
Total .................................right arrow 3a 3,271,290
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 .... 525990   14 1,113,096  
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 ............ 		525990 23,035 18 4,544,237  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aGCG INVESTORS III, LP 		901101 19,985 1 17,081  
bTHE SAFE AND FAIR FOOD COMPANY LLC 901101 -100,578 1 -2,806  
cNEW VENTURES III VO LLC 901101 -10,512 1 -2  
dGCG INVESTORS IV, LP 901101 29,380 1 -1,539  
eBRILLIANT PET 2, LLC 901101 -13,703 1 -348  
fRESOLUTE III, LP 901101 -4,519 1 -2  
gRESOURCE LAND FUND IV, LLC 901101 135,803 1 -3,146  
hV6 MIRADOR LLC 901101 0 1 3,828  
iDeerfield Village LLC 901101 0 1 -53,896  
jBRAWN CAPITAL DEVELOPMENT FUND 901101 0 1 5,280  
kRESOLUTE OPPORTUNITY FUND I, LP 901101 406 1 2,845  
lLAKE STREET CAPITAL FUND I LLC 901101 7,188 1 -11,314  
mRESOLUTE V, LP 901101 0 1 -2,845  
12 Subtotal. Add columns (b), (d), and (e) .. 86,485 5,610,469 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,696,954
(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: 24020961
Software Version: 2024v5.1


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
SUNSHINE CHARITABLE FOUNDATION
EIN:
20-1919538
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 59,066 41,346   5,907

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

TY 2024 GainLossSaleOtherAssetsSch
Name:
SUNSHINE CHARITABLE FOUNDATION
EIN:
20-1919538
Software ID:
24020961
Software Version:
2024v5.1
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
NET GAIN ON SALE OF ASSETS         4,674,436       4,674,436  
K-1 CAPITAL GAIN           107,164     -107,164  

TY 2024 InvestmentsOtherSchedule2
Name:
SUNSHINE CHARITABLE FOUNDATION
EIN:
20-1919538
Software ID:
24020961
Software Version:
2024v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Alladapt AT COST 0 0
AllerFund I, LP AT COST 874,188 713,804
Auven - CELTIC THERAPEUTICS AT COST 0 294,882
Auven Note AT COST 300,000 250,000
Before Brands AT COST 0 0
BGW Ventures I AT COST 201,581 2,460,249
BGW Ventures I-B AT COST 400,177 546,179
BGW Ventures II AT COST 187,119 192,783
BGW Ventures III AT COST 1,002,388 998,844
Brawn Capital AT COST 894,363 264,227
Bright Path Labs AT COST 2,000,000 0
Brilliant Pet 2 AT COST 47,269 91,367
C2Sense AT COST 339,339 12,575
C2Sense inc - Series B AT COST 401,372 256,841
ClostraBio AT COST 1,123,303 700,548
Divergent AT COST 906,675 1,260,000
EvoEndo Series Seed AT COST 3,756,032 0
Fooda AT COST 194,015 449,794
FoundryWorks, Inc. AT COST 299,999 299,999
GCG Investors III AT COST 0 156,483
GCG Investors IV AT COST 542,465 845,158
GIV CZV AT COST 250,324 250,000
GT Medical AT COST 105,218 146,248
HCVI AT COST 141,852 107,240
Imvax AT COST 3,727,530 36,331,128
Lake Street Capital Fund I LLC AT COST 34,748,394 0
Lakewood-Amedex AT COST 1,500,774 0
Latitude AT COST 349,999 349,999
Method One LLC AT COST 778,856 732,212
New Ventures III VO AT COST 1,173,843 2,428,188
Nia Therapeutics Inc AT COST 855,172 992,253
Pangolin LLC AT COST 1,019,615 0
Resolute Annex Fund AT COST 58,537 439,379
Resolute I LP AT COST 178,522 571,517
Resolute II LP AT COST 198,238 1,276,143
Resolute III, LP AT COST 831,929 2,679,982
Resolute Opportunity Fund I L.P AT COST 300,231 253,103
Resolute V, L.P AT COST 637,768 704,637
Resource Land Fund AT COST 372,496 629,494
RPM Ventures III AT COST 802,081 3,583,560
RPM Ventures IV AT COST 712,267 1,145,319
Safe + Fair AT COST 0 0
Safesite AT COST 202,456 203,994
Spokin AT COST 701,154 70,000
TLP Sunshine LTD AT COST 18,785,800 2,783,347
TLPIP Partners 3 AT COST 2,873,242 0
Triple Endoscopy AT COST 374,473 0
V6 Mirador LLC AT COST 624,198 903,259
Yobee Care Inc AT COST 125,000 125,000
Deerfield Village LLC AT COST 2,143,354 2,457,060
Magnetar MTM AT COST 5,000,000 8,747,920

TY 2024 OtherExpensesSchedule
Name:
SUNSHINE CHARITABLE FOUNDATION
EIN:
20-1919538
Software ID:
24020961
Software Version:
2024v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Custody Fees 10,002 10,002    
Postage and Shipping 141 141    
State Filing Fees 25     25
SOFTWARE EXPENSE 541 541    
SUBSCRIPTIONS 999 999    
Office Supplies 1,156 1,156    
Bank Fees 31 31    
K-1 Other Expense 857,011 856,989   22


TY 2024 OtherIncomeSchedule2
Name:
SUNSHINE CHARITABLE FOUNDATION
EIN:
20-1919538
Software ID:
24020961
Software Version:
2024v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
GCG INVESTORS III, LP 37,066 109  
THE SAFE AND FAIR FOOD COMPANY LLC -103,384 0  
NEW VENTURES III VO LLC -10,514 1  
GCG INVESTORS IV, LP 27,841 -7  
V6 MIRADOR LLC 3,828 3,828  
Deerfield Village LLC -53,898 -53,898  
BRAWN CAPITAL DEVELOPMENT FUND 5,280 5,280  
BRILLIANT PET 2, LLC -14,051 0  
RESOLUTE OPPORTUNITY FUND I, LP 3,251 0  
RESOLUTE III, LP -4,519 2  
RESOURCE LAND FUND IV, LLC 132,657 -5,464  
LAKE STREET CAPITAL FUND I LLC -4,126 -10,738  
RESOLUTE V, LP -2,845 0  


TY 2024 OtherIncreasesSchedule
Name:
SUNSHINE CHARITABLE FOUNDATION
EIN:
20-1919538
Software ID:
24020961
Software Version:
2024v5.1
Description Amount
ADJUSTMENT FOR PARTNERSHIP INFORMATION RECEIVED POST YEAR END 117,237


TY 2024 OtherLiabilitiesSchedule
Name:
SUNSHINE CHARITABLE FOUNDATION
EIN:
20-1919538
Software ID:
24020961
Software Version:
2024v5.1
Description Beginning of Year - Book Value End of Year - Book Value
SAFE + FAIR 93,863 206,674
GCG INVESTORS III 0 57,339


TY 2024 OtherProfessionalFeesSchedule
Name:
SUNSHINE CHARITABLE FOUNDATION
EIN:
20-1919538
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Other Professional Fees 1,320,533 1,320,533    


TY 2024 TaxesSchedule
Name:
SUNSHINE CHARITABLE FOUNDATION
EIN:
20-1919538
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Arizona Department of Revenue 50      
Colorado Department of Revenue 2,563      
Idaho State Tax Commission 30      
New Mexico Taxation & Revenue Department 2,303      
Utah State Tax Commission 10      
Georgia Department of Revenue 597      
Indiana Dept. of Revenue 273      
Minnesota Revenue 184      
FOREIGN TAX 2