2024-07-25T09:27:48-05:00 2023-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2023-01-01 943289689 Oates Family Foundation % Foundation Source OATE 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 PHILIP OATES PRESIDENT 8008391754 2024-07-02 true PHILIP OATES 999009999 true Jeffrey D Haskell P01345770 8008391754 2023 2023-04-26 12:10:37Z X 2170839 X 1900000 16113 16114 49970 49970 -24627 902793 0 1941456 66084 0 11138 11138 2812 12 14965 14965 28915 11150 14965 3016575 3016575 3045490 11150 3031540 -1104034 54934 1178617 106920 106920 978574 969521 965011 1051824 1028540 1098908 3209015 2104981 2170839 0 0 X 3209015 2104981 3209015 2104981 3209015 2104981 3209015 -1104034 2104981 2104981 Publicly-traded Securities 902793 927420 -24627 -24627 -24627 764 764 764 2800 0 2800 X 0 2036 800 1236 false false false false false false true true true CA true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Jana Oates Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Matt Oates Foundation Source 501 Silverside Rd Wilmington DE 198091377 Chief Financial Officer 1.0 0 0 0 Philip D Oates Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres 1.0 0 0 0 Courtney Oates-Reed Foundation Source 501 Silverside Rd Wilmington DE 198091377 Sec, Dir 1.0 0 0 0 Michael Reed Foundation Source 501 Silverside Rd Wilmington DE 198091377 Treas 1.0 0 0 0 2245180 727665 0 2972845 0 2972845 44593 2928252 146413 146413 764 764 145649 145649 145649 3031540 0 0 0 0 3031540 145649 2021 2020 2019 680629 658412 448370 128053 1136946 3052410 3031540 145649 2885891 5938301 0 680629 5257672 658412 448370 128053 1136946 2885891 Jana Oates Philip D Oates X ABUNDANT LIFE ASSEMBLY OF GOD 10100 N STELLING RD CUPERTINO CA 95014 N/A PC General & Unrestricted 5000 AMATEUR ATHLETIC UNION OF THE US INC 3360 ROMANO CT RNCHO CORDOVA CA 95670 N/A PC General & Unrestricted 15000 AMERICAN HEART ASSOCIATION 2007 O ST SACRAMENTO CA 95811 N/A PC General & Unrestricted 139150 ANRAK CHARITABLE FOUNDATION 5820 MAYHEW RD SACRAMENTO CA 95827 N/A PC General & Unrestricted 5000 BAYSIDE COVENANT CHURCH GRANITE BAY ROSEVILLE CA 8211 SIERRA COLLEGE BLVD STE 440 ROSEVILLE CA 95661 N/A PC General & Unrestricted 62500 CAPITAL CHRISTIAN CENTER 9470 MICRON AVE SACRAMENTO CA 95827 N/A PC General & Unrestricted 2275000 COLLEGE GOLF FELLOWSHIP 5098 FOOTHILL BLVD 3 UNIT 138 ROSEVILLE CA 95747 N/A PC General & Unrestricted 2000 DEREK FISHER BE BETTER FOUNDATION INC 16255 VENTURA BLVD STE 625 ENCINO CA 91436 N/A PC General & Unrestricted 5000 DESTINY COMMUNITY SERVICES 6850 FIVE STAR BLVD STE 3 ROCKLIN CA 95677 N/A PC General & Unrestricted 305000 DONOVAN CREASON MEMORIAL TRUST FUND 103 RUSSLER LN FOLSOM CA 95630 N/A PC General & Unrestricted 500 DOWN 2 EARTH CHRISTIAN FELLOWSHIP 17838 MONO COURT ADELANTO CA 92301 N/A PC General & Unrestricted 2000 ESKATON FOUNDATION 5105 MANZANITA AVE CARMICHAEL CA 95608 N/A PC General & Unrestricted 1000 FAMILY PROMISE OF THE MIDLANDS INC 1333 OMAREST DR COLUMBIA SC 29210 N/A PC General & Unrestricted 3000 FIRST JAPANESE BAPTIST CHURCH 2900 29TH AVE SACRAMENTO CA 95820 N/A PC General & Unrestricted 1000 FRIENDS-CARE 500A JEFFERSON BLVD STE 100 WEST SACRAMENTO CA 95605 N/A PC General & Unrestricted 2000 HAMMOND BLESSED 25TH 14431 VENTURA BLVD UNIT 597 SHERMAN OAKS CA 91423 N/A PC General & Unrestricted 50000 HEART OF JB 8856 HOUNDSTOOTH CT ELK GROVE CA 95624 N/A PC General & Unrestricted 2500 KYLES FAMILY FOUNDATION 21800 OXNARD ST STE 940 WOODLAND HILLS CA 91367 N/A PC General & Unrestricted 3000 LADYLIKE FOUNDATION 4859 W SLAUSON AVE 128 LOS ANGELES CA 90056 N/A PC General & Unrestricted 5000 NORTHERN LIGHT SCHOOL 3710 DORISA AVE OAKLAND CA 94605 N/A PC General & Unrestricted 5000 ONWARD & UPWARD INC 2380 NW 163RD ST CLIVE IA 50325 N/A PC General & Unrestricted 2000 PACIFIC JUSTICE INSTITUTE 9581 HORN RD STE 115 SACRAMENTO CA 95827 N/A PC General & Unrestricted 3000 RIO AMERICANO HIGH SCHOOL ATHLETIC BOOSTERS CLUB I 4540 AMERICAN RIVER DR SACRAMENTO CA 95864 N/A PC General & Unrestricted 2425 SACRAMENTO COUNTY AG FOUNDATION PO BOX 217 WILTON CA 95693 N/A PC General & Unrestricted 5000 SACRAMENTO REGIONAL FAMILY JUSTICE CENTER FOUNDATI 3071 POWER INN RD STE 3100 SACRAMENTO CA 95826 N/A PC General & Unrestricted 25000 SOCIAL VENTURE PARTNERS OF SACRAMENTO 3941 PARK DRIVE STE 20522 EL DORADO HILLS CA 95762 N/A PC General & Unrestricted 5000 SOUTH CAROLINA CHARITIES INC 104 S MAIN ST STE 110 GREENVILLE SC 29601 N/A PC General & Unrestricted 10500 WESTERN STATES FELLOWSHIP 6106 OCEAN VIEW DR OAKLAND CA 94618 N/A PC General & Unrestricted 15000 WILLIAM JESSUP UNIVERSITY 2121 UNIVERSITY AVE ROCKLIN CA 95765 N/A PC General & Unrestricted 55000 YES YOUNG ENOUGH TO SERVE 1040 CREEK DR SCOTTS VALLEY CA 95066 N/A PC General & Unrestricted 5000 3016575 14 16113 14 49970 18 -24627 41456 41456 false false false false false false false false false false X X 1 Oates Philip D 555 Capitol Mall Suite 900 Sacramento CA 95814 1900000 X ABBOTT LABS 10363 9704 ADOBE SYSTEMS, INC 5643 7159 AGILENT TECHNOLOGIES INC 2428 2776 AIR PRODS & CHEM INC 6666 6297 ALEXANDRIA REAL ESTATE EQUITIE 10748 7983 ALLEGION PLC 4762 4434 ALPHABET INC CL A 9863 12293 AMAZON COM 15742 15194 AMERICAN TOWER REIT INC 11826 9491 AMETEK INC 8663 10388 ANALOG DEVICES INC 5288 6175 APPLE INC 6795 8471 ASPEN TECHNOLOGY INC COM 5563 6605 ATLASSIAN CORP CL A 5385 6255 AZENTA INC 9837 7491 BANK OF AMERICA CORP 9011 8451 BCE INC 7017 5592 BECTON DICKINSON & CO 10013 9775 BENTLEY SYSTEMS INC CL B 5962 6366 BERKLEY W R CP 2503 3465 BLACKROCK INC 10261 9742 BROADRIDGE FINANCIAL 3609 4360 BROWN & BROWN INC 3904 4183 CADENCE DESIGN SYSTEMS INC 4775 7137 CARRIER GLOBAL 4077 4992 CHEVRON CORP 6900 8464 CHIPOTLE MEX GRILL 5217 7096 CHUBB LIMITED 8211 10347 COMCAST CORP 6811 7542 COOPER COMPANIES INC 7540 7269 CORTEVA INC 6641 6757 COSTCO WHOLESALE CORPORATION 7229 10561 CUMMINS INC 7693 8085 D R HORTON 3427 6946 DANAHER CORP 10765 9716 DEERE CO 8196 9197 DISCOVER FINL SVCS COM 4443 4636 DOLBY LABORATORIES 4852 4593 DOMINOS PIZZA INC 5031 4947 DYNATRACE 5071 6946 ECOLAB INC 4975 5752 EDWARDS LIFESCIENCES 8361 7067 EOG RESOURCES INC 6836 10644 EQUIFAX INC 5268 5193 EXPEDITORS INTL WASH INC 4680 4961 EXPONENT, INC 7365 6265 FACTSET RESH SYST INC 3125 3280 FIDELITY NATIONAL FINANCIAL IN 7700 8316 FIDELITY NATIONAL INFORMATION 5832 2763 FIRST FINANCIAL BANKSHARES, IN 4709 3303 FIRST TRUST S&P REIT INDEX F 58054 54921 FORTIVE CORPORATION 6335 6886 GALLAGHER ARTHUR J & CO 3856 3675 GARTNER INC 5283 6970 HEICO CP CL A 5240 5840 HORMEL FOODS CP 7088 5041 HOULIHAN LOKEY INC 4351 6235 IDEXX CORP 5252 7771 INTUIT 10902 15001 JP MORGAN CHASE 13063 14799 KKR & CO INC 10982 14416 LAMB WESTON HOLDINGS INC 4574 7053 LENNOX INTL INC 4188 6265 LPL FINANCIAL HOLDINGS INC 2131 3187 MAGNA INTERNATIONAL INC 11369 8330 MARATHON PETROLEUM CORP 6650 17358 MARVELL TECHNOLOGY, INC 5801 7177 MEDTRONIC PLC 9398 6313 MERCK & CO INC 6565 9267 MICROCHIP TECHNOLOGY INC 7336 8741 MICROSOFT CORP 18624 24014 MONOLITHIC POWER SYSTEMS, INC 11304 15674 MORGAN STANLEY 12575 13242 MSCI INC 6628 7800 NEXTERA ENERGY, INC 8720 6924 NIKE INC-CL B 11941 9011 NORDSON CP 5392 6076 NOVARTIS AG ADR 7005 8683 NVIDIA CORP 5806 15962 OLD DOMINION FREIGHT LINE 2847 3881 OMNICOM GROUP 6499 5925 PACCAR INC 5533 9292 PARKER HANNIFIN CP 7666 11057 PENTAIR INC. COM 4736 4944 PFIZER INC 4948 3109 PNC FINANCIAL GROUP INC 12628 11423 POOL CORP 6878 7450 PPG INDUSTRIES INC 3762 3440 PROCTER GAMBLE CO 6142 5915 PROLOGIS 4886 5233 REALTY INCOME CORP 4761 3905 RELIANCE STL & ALMN 2584 2572 ROCHE HOLDING LTD ADR 8588 6992 ROSS STORES, INC 6185 6920 SAP AKTIENGESELL ADS 3253 4510 SEMPRA ENERGY COM 3792 4238 SERVICE NOW 7357 10954 SPDR GOLD SHARES 56905 64616 STARBUCKS CORP COM 6335 5523 STERIS PLC 4496 4617 T-MOBILE US INC 4013 4610 TAIWAN SEMICONDUCTOR MFG CO LT 8072 7176 TARGET CORPORATION 4432 2706 TE CONNECTIVITY LTD 2912 3271 TELEDYNE TECH INC 3974 4280 THE BLACKSTONE GROUP INC CL A 5695 7724 THE COCA-COLA CO 6651 7013 THERMO FISHER SCIENTIFIC INC 8405 7879 THORNBURG GLOBAL VALUE FUND CL 60816 51311 THORNBURG INTERNATIONAL GROWTH 60334 47391 TRANE TECHNOLOGIES PLC 8549 11072 UBER 5874 7819 UNITEDHEALTH GROUP INC 13945 16985 VERALTO CORPORATION 3499 3506 VERISK ANALYTICS, INC 9503 11339 VISA INC 11425 13538 WEC ENERGY GROUP, INC 5760 5262 WEST PHARMA SVCS INC 11534 13071 WESTINGHOUSE AIR BRAKE TECHNOL 3122 3434 XCEL ENERGY INC 5249 4948 969521 965011 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 $3,016,575. This amount represents 25% or more of the Foundation's net assets of $3,059,797 (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 14633 14633 Postage/Delivery Service 132 132 State or Local Filing Fees 200 200 Investment Management Services 11138 11138 990-PF Estimated Tax for 2023 2800 Foreign Tax Paid 12 12