2024-11-15T14:44:18-06:00 2023-12-31 521003788 KATZ ABOSCH 9690 DEERECO RD STE 500 TIMONIUM MD 21093 990 2023-01-01 522252149 THE WARD OAKS FOUNDATION INC WARD 4103363779 104 S CROSS STREET 1ST FLOOR CHESTERTOWN MD 21620 MICHAEL FALCONE PRESIDENT 4103363779 2024-11-14 1 1 LAUREN K OWOC CPA P01525941 4108286432 2023 2024-10-15 13:58:12Z MICHAEL FALCONE 301 WEST AVENUE STE 2801 AUSTIN TX 78701 2200369 0 X N/A X 2000 MD TO SUPPORT AFFORDABLE HOUSING, THE ENVIRONMENT AND RENEWABLE ENERGY, AND OTHER CHARITABLE PURPOSES. 3 2 0 0 0 0 0 0 0 0 23070 115973 0 0 23070 115973 171800 282976 0 0 0 0 0 0 0 88347 216139 260147 499115 -237077 -383142 4633553 4224002 2139 357 4631414 4223645 X TO ACQUIRE, CONSTRUCT, DEVELOP, OPERATE AND PROVIDE MULTI-FAMILY HOUSING AND ALL RELATED AMENITIES AND SERVICES TO BENEFIT HOMELESS PERSONS, THE ELDERLY, AND/OR PERSONS OF MODERATE INCOME.TO ALSO HELP THE ENVIRONMENT BY PROMOTING THE USE OF RENEWABLE ENERGY SOURCES, TO INVEST IN RESEARCH AND DEVELOPMENT OF RENEWABLE ENERGY SOURCES, TO ENCOURAGE AND PROMOTE THE COST EFFECTIVE FINANCING AND OPERATING OF RENEWABLE ENERGY FACILITIES IN ORDER TO REDUCE THE COST OF BUILDING AND OPERATING SUCH FACILITIES AND TO REDUCE THE COST OF THE ENERGY PRODUCED BY SUCH FACILITIES; TO ACQUIRE, DEVELOP, INVEST IN, OWN AND OPERATE RENEWABLE ENERGY SOURCES IN ORDER TO DEMONSTRATE THEIR EFFICIENCY, PROMOTE THEIR USE, AND REDUCE RELIANCE UPON FOREIGN ENERGY SOURCES, AND TO PARTICIPATE IN PROGRAMS DESIGNED TO ACCOMPLISH ANY OF THE FOREGOING, INCLUDING OTHER CHARITABLE PURPOSES. 0 0 422904 282976 PROVIDING MULTI-FAMILY HOUSING THROUGH OWNERSHIP IN VARIOUS LOW-INCOME AND ELDERLY HOUSING REAL ESTATE PARTNERSHIPS.CONTRIBUTING TO ORGANIZATIONS WHOSE EXEMPT PURPOSE ALIGNS WITH THAT OF THE FOUNDATION'S MISSIONS.IN 2023, THE FOUNDATION MET ITS PROGRAM OBJECTIVES BY MAKING CHARITABLE DONATIONS IN LINE WITH ITS CHARTER FOR A TOTAL OF $282,976. 422904 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 X MICHAEL FALCONE 4103363779 301 WEST AVE APT 2801 AUSTIN TX 78701 X DARYL JONES CHAIRMAN 0.10 X 0 0 0 MICHAEL FALCONE EXECUTIVE DIRECTOR 0.50 X X 0 0 0 JAMES MITCHELL DIRECTOR 0.10 X 0 0 0 0 0 0 0 0 0 0 0 99101 99101 2101268 2084396 16872 16872 16872 115973 0 0 115973 282976 282976 7644 7644 8483 8483 36000 36000 6000 6000 PASS-THROUGH PARTNERSHI 134475 134475 BANK & INVEST CHARGES 18084 18084 PASS-THROUGH - OTHER DE 5453 5453 499115 422904 76211 0 X 20065 189894 1954322 319860 53255 57255 500 0 2232363 2267560 246368 213228 126680 1176205 4633553 4224002 140 357 1999 0 2139 357 X 4631414 4223645 4631414 4223645 4633553 4224002 -383142 -24627 0 X 0 0 0 X 31430 31430 2820276 3344891 6165167 2820276 3344891 31430 6196597 0 0 0 6196597 37514 36173 68524 108056 99101 349368 37514 36173 68524 108056 99101 349368 2857790 3381064 99954 108056 99101 6545965 0.94660 0.95270 0.05340 0.04360 X 0 INVESTMENT IN PARTNERSHIP - EARLY LIGHT VENTURES FUND I, LLC 213228 C 213228 INVESTMENT IN PARTNERSHIP - HUDSON VALLEY MH INVESTORS, LLC 39612 C INVESTMENT IN PARTNERSHIP - PINE HAVEN INVESTORS LLC 56911 C INVESTMENT IN PARTNERSHIP - TVEC BULGARIA SOLAR INVESTORS LLC 1079682 C 1176205 1 MCDONOGH SCHOOL INC 8600 MCDONOGH RD OWINGS MILLS MD 21117 566001577 501(C)(3) 200000 0 CASH GENERAL PURPOSE PORTLAND COMMUNITY SQUASH 66 NOYES ST PORTLAND ME 04103 462787590 501(C)(3) 10900 0 CASH GENERAL PURPOSE ELITE WOMEN OF EXCELLENCE PO BOX 813383 SMYRNA GA 30081 383695841 501(C)(3) 31500 0 CASH GENERAL PURPOSE SUNDANCE INSTITUTE PO BOX 684429 PARK CITY UT 84068 870361394 501(C)(3) 5000 0 CASH GENERAL PURPOSE NEW YORK THEATRE WORKSHOP 79 E 4TH STREET NEW YORK NY 10003 133131491 501(C)(3) 5000 0 CASH GENERAL PURPOSE SHALOM AUSTIN 7300 HART LN AUSTIN TEXAS TX 78731 741469465 501(C)(3) 5000 0 CASH GENERAL PURPOSE 6 PART I, LINE 2: ALL CHARITABLE DONATION REQUESTS ARE REVIEWED PRIOR TO APPROVAL BY A DIRECTOR TO ENSURE COMPLIANCE WITH ITS MISSION. MICHAEL FALCONE EXECUTIVE DIRECTOR 34920 FEES PAID TO WARD OAKS LLC, OWNED 97% BY MICHAEL FALCONE. 0 FORM 990, PART VI, SECTION B, LINE 11B THERE IS AN ACCOUNTING MANAGEMENT REVIEW OF THE 990 FOR REASONABLENESS AND COMPLETENESS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS, POLICIES, AND STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART X, LINE 12 AS PART OF THE ORGANIZATION'S EXEMPT FUNCTION TO PROVIDE LOW-INCOME HOUSING FOR THE HOMELESS, ELDERLY, AND PERSONS OF MODERATE INCOME, THE ORGANIZATION TAKES A POSITION AS EITHER A LIMITED PARTNER OR THE GENERAL PARTNER IN VARIOUS LOW-INCOME AND ELDERLY HOUSING REAL ESTATE PARTNERSHIPS. THE ORGANIZATION'S GOAL IS TO ENHANCE PROJECTS THAT PROVIDE AFFORDABLE HOUSING FOR THOSE IN NEED. THE ORGANIZATION DOES NOT CHARGE SPECIAL FEES TO TENANTS AND RENTS CHARGED FOR LOW-INCOME HOUSING ARE KEPT LARGELY AFFORDABLE PER REGULATORY GUIDELINES. MAJOR FLUCTUATIONS IN THE BALANCE SHEET INVESTMENT ASSET ACCOUNT OCCUR DUE TO ACQUISITIONS AND DISPOSITIONS OF VARIOUS HOUSING PARTNERSHIP INTERESTS. GAINS AND LOSSES RECOGNIZED ON THE TAX RETURN ARE DETERMINED FROM FLOW-THROUGH INCOME AND LOSSES FROM THE PARTNERSHIP K-1'S.