2024-10-24T08:11:52-05:00 2023-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2023-01-01 204480084 The Lodestar Foundation % Foundation Source LODE 6029562699 4455 East Camelback Road C250 Phoenix AZ 85018 LOIS SAVAGE PRESIDENT 8008391754 2024-10-16 true true Jeffrey D Haskell P01345770 8008391754 2023 2024-10-15 13:58:12Z X X 404310 X 1639934 12532 12532 1114 1114 456172 1981008 1337376 2109752 1351022 110000 110000 9014 9014 143895 300 143595 72 11100 23212 23212 1472 1472 19728 19728 318493 300 307021 1570590 1570590 1889083 300 1877611 220669 1350722 111712 217284 217284 69904 185001 187026 181616 402285 404310 0 0 X 181616 402285 181616 402285 181616 402285 181616 220669 402285 402285 Publicly-traded Securities 1981008 643632 1337376 1337376 1337376 18775 18775 18775 10437 0 8800 19237 X 0 462 462 false false false false false false true true true AZ true false false false false true Foundation Source 8008391754 55 WALLS DRIVE FL 3 Fairfield CT 06824 false false false false true false false false false false false false false false false false false false false false false false I Jerome Hirsch 4455 East Camelback Road C250 Phoenix AZ 85018 Dir, Sec 5.0 0 0 0 Lois Savage 4455 East Camelback Road C250 Phoenix AZ 85018 Pres 20.0 110000 400 0 68233 433212 0 501445 0 501445 7522 493923 24696 24696 18775 18775 5921 5921 5921 1877611 0 0 0 0 1877611 5921 2021 2020 2019 529614 1085977 1011961 877448 1111679 4616679 1877611 5921 1871690 6488369 0 1639934 4848435 0 987618 877448 1111679 1871690 I Jerome Hirsch X AMERICAN BUSINESS IMMIGRATION COALITION 1805 S ASHLAND AVE CHICAGO IL 60608 N/A PC General & Unrestricted 10000 ARIZONA COMMUNITY FOUNDATION 2201 E CAMELBACK RD STE 405B PHOENIX AZ 85016 N/A PC General & Unrestricted 25000 ARIZONA COMMUNITY FOUNDATION 2201 E CAMELBACK RD STE 405B PHOENIX AZ 85016 N/A PC NPR and Arizona Together for Impact Fund 110000 ARIZONA COMMUNITY FOUNDATION 2201 E CAMELBACK RD STE 405B PHOENIX AZ 85016 N/A PC General & Unrestricted 425000 ARIZONA HOUSING COALITION 141 EAST PALM LN STE 105 PHOENIX AZ 85004 N/A PC General & Unrestricted 5000 ARIZONA JUSTICE PROJECT INC 4001 N 3RD ST STE 401 PHOENIX AZ 85012 N/A PC Larry Hammond Justice Fellowship 75000 ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMER PO BOX 2260 TEMPE AZ 85281 N/A PC McCain Institute Foundation 25000 BARROW NEUROLOGICAL FOUNDATION 2910 N 3RD AVE STE 450 PHOENIX AZ 85013 N/A PC Pituitary Surgery Research Consortium 36000 BRIDGE ALLIANCE EDUCATION FUND 214 S ALLEN ST STATE COLLEGE PA 16801 N/A PC Citizen Connect 10000 CENTER FOR THE FUTURE OF ARIZONA 541 E VAN BUREN STE B-5 PHOENIX AZ 85004 N/A PC General & Unrestricted 5000 CHURCH OF THE HOLY APOSTLES 296 9TH AVE NEW YORK NY 10001 N/A PC General & Unrestricted 10000 CIVIC VENTURES PO BOX 29542 SAN FRANCISCO CA 94129 N/A PC The Future of Together 75000 COMMONWEALTH CLUB OF CALIFORNIA 110 THE EMBARCADERO SAN FRANCISCO CA 94105 N/A PC Merger Exploration - The Commonwealth Club & The Northern California World Affairs Council 15000 COMMUNITY FOUNDATION OF NORTHEAST IOWA 3117 GREENHILL CIR CEDAR FALLS IA 50613 N/A PC Initiative for Strategic Volunteer Engagement Fund - Funding Partners Gathering 2200 FREEDOM HOUSE INC 1850 M ST NW 11TH FLOOR WASHINGTON DC 20036 N/A PC General & Unrestricted 25000 GLOBAL IMPACT 1199 NORTH FAIRFAX ST STE 300 ALEXANDRIA VA 22314 N/A PC Philanthropy Together We Give Summit 5000 GLOBAL WASHINGTON 10115 GREENWOOD AVE N 142 SEATTLE WA 98133 N/A PC GlobalWA and Pangea 10000 JEWISH COMMUNITY FOUNDATION OF GREATER PHOENIX 12701 N SCOTTSDALE RD STE 201 SCOTTSDALE AZ 85254 N/A PC General & Unrestricted 150000 K2 ADVENTURES FOUNDATION 20645 N PIMA RD STE 100 SCOTTSDALE AZ 85255 N/A PC General & Unrestricted 5000 NATIONAL CONFLICT RESOLUTION CENTER 530 B ST STE 1700 SAN DIEGO CA 92101 N/A PC General & Unrestricted 1000 NATIONAL PUBLIC RADIO INC PO BOX 791490 BALTIMORE MD 21279 N/A PC General & Unrestricted 20000 PLAYERS PHILANTHROPY FUND 1122 KENILWORTH DR STE 201 TOWSON MD 21204 N/A PC La Piana consultancy 4000 POLICY IMPACT 127 UNIVERSITY AVE BERKELEY CA 94710 N/A PC General Operations for Patriots & Pragmatists 25000 PROTECT DEMOCRACY PROJECT 2020 PENNSYLVANIA AVE NW 163 WASHINGTON DC 20006 N/A PC General & Unrestricted 25000 RENEW DEMOCRACY INITIATIVE INC PO BOX 20995 NEW YORK NY 10025 N/A PC General & Unrestricted 5000 REPRESENT US EDUCATION FUND PO BOX 60008 FLORENCE MA 01062 N/A PC 2023 American Democracy Summit 25000 SANDRA DAY OCONNOR INSTITUTE PO BOX 66422 PHOENIX AZ 85082 N/A PC General & Unrestricted 10000 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Merger exploration between NCADV and National Domestic Violence Hotline 17778 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Back office collaboration between Spina Bifida Association of America and Affiliates 8889 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Collaboration implementation between Center for Leadership and Educational Equity and School Reform Initiative 22000 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC New York Merger, Acquisition, and Collaboration 12500 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Administrative Fund 100000 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Collaboration exploration between CultureSource and EmcArts Inc 15556 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Collaboration between Leeway, Inc. and Liberty Community Services, Inc 26667 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Collaboration between Larimer Humane Society and Humane Society of Weld County 22222 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Collaboration between Southwest Solutions and Development Centers Inc 16667 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Collaboration between The Chicago Center for Urban Life and Culture and Albion College 15111 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Nonprofit Repositioning Fund 20000 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Merger implementation between Action for Healthy Kids and Rocky Mountain Center for Health Promotion and Education 8889 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Collaboration between Financial Beginnings USA and Financial Beginnings Oregon 13333 SEACHANGE CAPITAL PARTNERS INC 420 LEXINGTON AVE STE 300 NEW YORK NY 10170 N/A PC Merger Implementation between Nazun and MAZON 17778 SYNERGOS INSTITUTE INC 3 EAST 54TH ST 14TH FLOOR NEW YORK NY 10022 N/A PC General & Unrestricted 25000 THE PHILANTHROPY WORKSHOP INC 110 E 25TH ST NEW YORK NY 10010 N/A PC General & Unrestricted 20000 VALLEY OF THE SUN UNITED WAY 3200 E CAMELBACK RD STE 375 PHOENIX AZ 85018 N/A PC General Operations and Central Arizona Shelter Services 50000 VALLEY OF THE SUN YOUNG MENS CHRISTIAN ASSOCIATION 350 N 1ST AVE PHOENIX AZ 85003 N/A PC YMCA's Youth and Government Program 20000 1570590 14 12532 14 1114 18 456172 469818 469818 false false false false false false false false false false X X 1 Hirsch I Jerome 4455 E Camelback Road C250 Phoenix AZ 85018 1639934 X 1 Xpeng Inc XPEV, 3813 sh. 37310 2023-01-11 1 RIVIAN AUTOMOTIVE INC CL A RIVN, 3587 sh. 60764 2023-01-11 1 KANZHUN LTD ADR BZ-K, 13846 sh. 0 2023-02-16 1 LUMINAR TECHNOLOGIES INC LAZR, 20992 sh. 141486 2023-06-29 1 SPRINT NXTEL CP S-OLD, 3026 sh. 45176 2023-06-29 1 SNOWFLAKE INC SNOW, 2073 sh. 374477 2023-06-29 1 DOORDASH ORD SHS CLASS A DASH, 6256 sh. 474299 2023-06-29 1 HONG KONG DOLLARS HKD, 20808 sh. 144512 2023-07-10 1 SPDR S&P 500 ETF TRUST SPY, 224 sh. 100880 2023-11-17 1 FORTINET INC FTNT, 1830 sh. 103953 2023-12-19 1 SENTINELONE INC S, 5793 sh. 157077 2023-12-20 Form 990-PF, Part XII, Line 7 Form 990-PF, Part XII, Line 7 Election to Treat Unused Prior Year Corpus Distributions as Current Year Corpus Distributions Pursuant to Treasury Regulations Section 53.4942(a)-3(c)(2)(iv), The Lodestar Foundation hereby elects to treat, as a current distribution out of corpus, the following unused prior year's distributions that were treated as corpus distributions under Treasury Regulations Section 53.4942(a)-3(d)(1)(iii) in such prior tax years: Tax Year: Amount: 2018 $529,614 2019 $1,085,977 2020 $24,343 Total $1,639,934 By: LOIS SAVAGE Title: PRESIDENT Form 990-PF, Part XII, Line 7 Form 990-PF, Part XII, Line 7 The Lodestar Foundation (the "Foundation") hereby elects to satisfy the requirements of Internal Revenue Code ("Code") Section 170(b)(1)(F)(ii) in respect of contributions of publicly traded securities with a value of $1,639,934 received in the taxable year ending December 31, 2023 (the "Conduit Election Year"). To satisfy the requirements of Code Section 170(b)(1)(F)(ii), a private non-operating foundation must: (A) by the end of the Conduit Election Year, distribute any undistributed income from the year immediately preceding the Conduit Election Year; (B) distribute, in the absence of an election under Code Section 4942(h)(2), any undistributed income from the Conduit Election Year by the end of the Conduit Election Year; and (C) make qualifying distributions treated as distributions out of corpus by no later than the 15th day of the third month of the taxable year following the Conduit Election Year in an amount equal to 100 percent of the contributions received by such foundation in the Conduit Election Year. A. Satisfaction of Minimum Distribution Requirement for the Conduit Election Year. As reported on Part XII, Line 2, column (c), the undistributed income for the year immediately preceding the Conduit Election Year is $0. In other words, the Foundation had no undistributed income for 2022. B. Timely Satisfaction of Minimum Distribution Requirement for the Taxable Year following the Conduit Election Year. As reported on Part XII, Line 6f, column (d), the undistributed income for the Conduit Election Year is $0. In other words, the Foundation had no undistributed income for 2023. C. Sufficient Timely Qualified Distributions Made Out of Corpus. To satisfy the requirements of Internal Revenue Code Section 170(b)(1)(F)(ii), the Foundation had until March 15, 2024, the 15th day of the third month of the taxable year following the Conduit Election Year, to make distributions out of corpus in an amount equal to 100 percent of the contributions received by it in the Conduit Election Year, $1,639,934. As reported on Part XII, Line 7, the Foundation is treating $1,639,934 as a current distribution out of corpus in full satisfaction of the requirements of Code Section 170(b)(1)(F)(ii) in respect of the Conduit Election Year. The Foundation has attached the necessary election, pursuant to Treasury Regulations Section 53.4942(a)-3(c)(2)(iv), to treat $1,639,934, of its unused prior years' corpus distributions, as a current distribution out of corpus. JP MORGAN CHASE 27924 28067 SENTINELONE INC 157077 158959 As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $1,570,590. This amount represents 25% or more of the Foundation's net assets of $165,606 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 11053 11053 CREDIT CARD FEES 229 229 Cell Phone Expense 58 58 Digital Subscriptions 150 150 Foundation Dues & Memberships 6525 6525 Payroll Processing Fees 1238 1238 Website Hosting/Support 475 475 Investment Management Services 300 300 Philanthropic Consulting Srvcs 130139 130139 Website Development 13456 13456 990-PF Estimated Tax for 2023 10300 990-PF Extension for 2022 800