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90026 NONE PC HUMANITARIAN OUTREACH 15000 THE HERITAGE FOUNDATION 214 MASSACHUSETTS AVE NE WASHINGTON DC 20002 NONE PC HUMANITARIAN OUTREACH 5000 THE JOSHUA FUND PO BOX 3468 MCLEAN VA 22103 NONE PC HUMANITARIAN OUTREACH 10000 THE NATURE CONSERVANCY 4245 N FAIRFAX DRIVE ARLINGTON VA 22203 NONE PC ENVIRONMENTAL CONSERVATION 30000 TUNNEL TO TOWERS FOUNDATION 2361 HYLAN BLVD STATEN ISLAND NY 10306 NONE PC HUMANITARIAN OUTREACH 10000 TWO PENNIES MINISTRY 1735 WEST HIGHLAND AVENUE ELGIN IL 60123 NONE PC HUMANITARIAN OUTREACH 10000 UNION RESCUE MISSION 545 S SAN PEDRO ST LOS ANGELES CA 90013 NONE PC HUMANITARIAN OUTREACH 10000 WATERKEEPER ALLIANCE 180 MAIDEN LANE SUITE 603 NEW YORK NY 10038 NONE PC ENVIRONMENTAL CONSERVATION 10000 WESTMINSTER PRESBYTERIAN 32111 WATERGATE ROAD WESTLAKE VILLAGE CA 91361 NONE PC RELIGIOUS MISSION 3000 WILD AFRICA FUND CAPE QUARTER 27 SOMERSET RD DE WATERKANT CAPE TOWN SF 8001 NONE PC WILDLIFE CONSERVATION 50000 WILD AID 744 MONTGOMERY STREET SAN FRANCISCO CA 94111 NONE PC WILDLIFE CONSERVATION 50000 WILDLIFE CONSERVATION NETWORK 25745 BASSETT LANE LOS ALTOS CA 94022 NONE PC WILDLIFE CONSERVATION 300000 WILDLIFE CONSERVATION SOCIETY 2300 SOUTHERN BLVD BRONX NY 10460 NONE PC WILDLIFE CONSERVATION 50000 WORKING DOGS FOR CONSERVATION POST OFFICE BOX 280 BOZEMAN MT 59771 NONE PC WILDLIFE CONSERVATION 50000 WORLD RELIEF 7 EAST BALTIMORE ST BALTIMORE MD 21202 NONE PC HUMANITARIAN OUTREACH 10000 WORLD WILDLIFE FUND 1250 24TH STREET NW WASHINGTON DC 20037 NONE PC WILDLIFE CONSERVATION 30000 YELLOWSTONE TO YUKON 1350 RAILWAY AVE 200 CANMORE CANMORE CA 1P6 NONE PC ENVIRONMENTAL CONSERVATION 100000 YUGO MINISRIES PO BOX 1355 CHULA VISTA CA 91912 NONE PC HUMANITARIAN OUTREACH 10000 5190500 0 102517 2404131 531110 -52189 195 7523973 424000 107 -52082 0 10030816 9978734 1 IN FISCAL YEAR 11/30/2024, THE FOUNDATION EARNED INTEREST INCOME AND 2 DIVIDEND INCOME FROM BANK AND INVESTMENT ACCOUNTS. IN ADDITION, 3 SECURITIES WERE SOLD IN THE FISCAL YEAR THAT GENERATED CAPITAL GAIN. 4 LASTLY, THE FOUNDATION EARNED RENTAL INCOME AND OTHER INCOME ON THE 5 RENTAL REAL ESTATE PROPERTY IT OWNS. 0 0 0 0 0 0 0 0 0 0 X X 1 ESTATE OF MICHAEL J PIUZE 32090 WATERSIDE LANE WESTLAKE VILLAGE CA 91361 1749260 X 1 PORTFOLIO INVESTMENTS 1749260 2024-11-30 ACCOUNTING 190284 0 0 INDEPENDENT AUDIT FEES 40166 0 0 PROFESSIONAL FEES 15629 15629 0 LAND 2022-02-01 7932500 L 27.500000000000 0 0 BUILDING 2022-02-01 417500 27200 SL 27.500000000000 15180 15180 LANDSCAPING IMPROVEMENTS 2022-06-24 3550 188 SL 27.500000000000 129 129 BUILDING IMPROVEMENTS 2023-03-26 1759 45 SL 27.500000000000 64 64 BUILDING IMPROVEMENTS 2023-04-12 23946 544 SL 27.500000000000 871 871 BUILDING IMPROVEMENTS 2023-04-17 2492 57 SL 27.500000000000 91 91 BUILDING IMPROVEMENTS 2023-07-19 9164 125 SL 27.500000000000 333 333 BUILDING IMPROVEMENTS 2023-09-07 1675 13 SL 27.500000000000 61 61 LANDSCAPING IMPROVEMENTS 2023-05-01 20362 401 SL 27.500000000000 740 740 LANDSCAPING IMPROVEMENTS 2023-11-24 50000 76 SL 27.500000000000 1818 1818 LANDSCAPING IMPROVEMENTS 2024-01-25 25000 SL 27.500000000000 796 796 COMPUTER 2024-02-08 1947 200DB 5.000000000000 1324 0 DISCLOSURE STATEMENT FOR UNDISTRIBUTED INCOME AND IRC 4942(H)(2) ELECTION FORM 990-PF, PAGE 9, PART XII, LINE 6F. DISCLOSURE STATEMENT FOR UNDISTRIBUTED INCOME AND IRC SECTION 4942(H)(2) ELECTIONM. PIUZE FOUNDATION ACKNOWLEDGES THAT FOR THE FISCAL YEAR ENDED NOVEMBER 30, 2024, THE AMOUNT OF UNDISTRIBUTED INCOME REQUIRED TO BE DISTRIBUTED IN 2024 WAS $5,926,081.00, AS REPORTED ON FORM 990-PF, PAGE 9, PART XII, LINE 6F. THE DEADLINE TO DISTRIBUTE THIS AMOUNT WAS DECEMBER 31, 2024. THE DEADLINE WAS ACCELERATED AS M. PIUZE FOUNDATION TRANSITIONED TO A CALENDAR YEAR ACCOUNTING PERIOD BEGINNING WITH THE 2025 TAX YEAR. AS A RESULT, THE REMAINING UNDISTRIBUTED INCOME FOR THE FISCAL YEAR ENDED NOVEMBER 30, 2024, WAS NOT DISTRIBUTED IN FULL BY DECEMBER 31, 2024. ONLY $500,000 OF THE TOTAL UNDISTRIBUTED AMOUNT OF $5,926,081.00 WAS DISTRIBUTED BY THE DUE DATE.M. PIUZE FOUNDATION WILL BE FILING A SHORT-PERIOD RETURN FOR THE PERIOD BEGINNING DECEMBER 1, 2024, AND ENDING DECEMBER 31, 2024. FOR THIS SHORT PERIOD, M. PIUZE FOUNDATION WILL ANSWER "NO" TO FORM 990-PF, PAGE 5, PART VI-B, QUESTION 2B FOR THIS SHORT-PERIOD RETURN AND DISCLOSE ALL PERTINENT SUPPORTING INFORMATION RELATED TO THE YEAR-END TRANSITION AND REQUIRED DISTRIBUTIONS IN ACCORDANCE WITH IRS INSTRUCTIONS.THE FOUNDATION INTENDS TO MAKE QUALIFYING DISTRIBUTIONS TOTALING $5,426,081.00 DURING THE SUBSEQUENT CALENDAR YEAR ENDING DECEMBER 31, 2025. THE FOUNDATION WILL EXECUTE A FORMAL ELECTION UNDER IRC 4942(H)(2) AND TREASURY REGULATION 53.4942(A)-3(D)(2) TO APPLY THE DISTRIBUTIONS MADE IN 2025 TOWARD SATISFYING THE UNDISTRIBUTED INCOME REQUIREMENT FROM THE FISCAL YEAR ENDED NOVEMBER 30, 2024. THE FORMAL ELECTION STATEMENT IDENTIFYING THE APPLICATION OF THESE DISTRIBUTIONS TO THE PRIOR YEAR'S UNDISTRIBUTED INCOME WILL BE ATTACHED TO THE 2025 CALENDAR YEAR FORM 990-PF RETURN FILING.M. PIUZE FOUNDATION IS DEDICATED TO FULL COMPLIANCE WITH ALL IRS REGULATIONS CONCERNING MINIMUM DISTRIBUTION REQUIREMENTS AND EXCISE TAX OBLIGATIONS. COPIES OF THIS DISCLOSURE STATEMENT AND THE RELATED ELECTION STATEMENT ARE ATTACHED TO THE TAX RETURN FOR THE FISCAL YEAR ENDED NOVEMBER 30, 2024, FOR ADVANCE DISCLOSURE. THEY WILL ALSO BE ATTACHED TO THE SHORT-PERIOD RETURN FOR THE PERIOD ENDING DECEMBER 31, 2024 AND TO THE 2025 CALENDAR YEAR TAX RETURN, INFORMING THE IRS OF THE FOUNDATION'S ACTIONS TO ADDRESS THE UNDISTRIBUTED INCOME AND THE PLANNED ELECTION UNDER IRC 4942(H)(2). SECURITIES 39002275 80491394 LAND 7932500 0 7932500 BUILDING 417500 42380 375120 LANDSCAPING IMPROVEMENTS 3550 317 3233 BUILDING IMPROVEMENTS 1759 109 1650 BUILDING IMPROVEMENTS 23946 1415 22531 BUILDING IMPROVEMENTS 2492 148 2344 BUILDING IMPROVEMENTS 9164 458 8706 BUILDING IMPROVEMENTS 1675 74 1601 LANDSCAPING IMPROVEMENTS 20362 1141 19221 LANDSCAPING IMPROVEMENTS 50000 1894 48106 LANDSCAPING IMPROVEMENTS 25000 796 24204 INVESTMENTS AT COST 38004021 36785615 COMPUTER 1947 1324 623 LEGAL FEES 14797 0 0 OPERATING LEASE - RIGHT-OF-USE 25988 6636 6636 INVESTMENT EXPENSES 546842 546842 0 BANK CHARGES 335 0 0 COMPUTER EXPENSES 1967 0 0 EMPLOYEE MILEAGE REIMBURSEMENT 398 0 0 MISCELLANEOUS EXPENSES 240 0 0 OFFICE SUPPLIES 422 0 0 OFFICE EXPENSE 1434 0 0 POSTAGE AND DELIVERY 31 0 0 OPERATING LEASE EXPENSE PREMISES 29 0 0 INSURANCE 980 0 0 INTERNET AND TELEPHONE 1940 0 0 BANK SERVICE CHARGES 72 72 0 COMPUTER EXPENSE 672 672 0 INSURANCE 59331 59331 0 OFFICE EXPENSE 278 278 0 REPAIRS AND MAINTENANCE 195585 195585 0 SUPPLIES AND MATERIALS 6968 6968 0 UTILITIES 37625 37625 0 CASH IN LIEU 44 44 44 OTHER INCOME 115 115 115 OTHER INTEREST INCOME 36 36 36 OTHER ADJUSTMENTS 21223 MORGAN STANLEY PAYABLE 10000000 10000000 ACCRUED INTEREST PAYABLE 46233 46233 LEASE LIABILITY - NON CURRENT 6665 0 PAYROLL PROCESSING FEES 1445 0 0 PAYROLL TAXES 6923 0 0 REGISTRY OF CHARITABLE TRUSTS FEES 800 0 0 PROPERTY TAXES 10334 0 0 FEDERAL TAX 94454 0 0 FOREIGN TAX 1149 0 0 SECRETARY OF STATE 20 0 0 FTB 409 0 0 PROPERTY TAXES 127347 127347 0 TAXES 102057 102057 0