2025-10-21T12:17:56-05:00 2024-12-31 911194016 CLARK NUBER PS 555 110TH AVE NE SUITE 700 BELLEVUE WA 98004 990 2024-01-01 204801174 HOFFMAN INSTITUTE SUPPORTING FOUNDATION HOFF 4154855220 1299 FOURTH ST 600 SAN RAFAEL CA 94901 BERNARD JAKE TARR VP & TREASURER 4154855220 2025-10-21 1 0 FRANCES OLSON P01228048 4254544919 2025-10-20 2024 2025-03-06 01:10:19Z CHARLES J INGRASCI 1299 FOURTH ST 600 SAN RAFAEL CA 94901 26542889 0 X WWW.HOFFMANINSTITUTE.ORG X 2006 CA THE SPECIFIC AND PRIMARY PURPOSE OF THE CORPORATION IS TO ENGAGE IN CHARITABLE AND EDUCATION ACTIVITIES THAT BENEFITS, PERFORMS THE FUNCTIONS OF, OR CARRIES OUT THE PURPOSE OF THE HOFFMAN INSTITUTE FOUNDATION. 6 4 0 8 0 0 4500000 0 15000 6250 23188 3973263 0 211667 4538188 4191180 0 0 0 0 0 0 13500 0 0 1090374 863248 1103874 863248 3434314 3327932 23242792 20697329 6008779 135384 17234013 20561945 X THE SPECIFIC AND PRIMARY PURPOSE OF THE SUPPORTING FOUNDATION IS TO ENGAGE IN CHARITABLE AND EDUCATION ACTIVITIES THAT BENEFITS, PERFORMS THE FUNCTIONS OF, OR CARRIES OUT THE PURPOSE OF THE HOFFMAN INSTITUTE FOUNDATION. 0 0 217917 THE KEY ACTIVITIES IN YEAR 2024 WERE CENTRALIZED ON THE PURCHASE OF A NEW LONG TERM RETREAT CENTER, PLANNING FOR THE LARGE-SCALE CAPITAL IMPROVEMENT RENOVATION OF SAME, AND THE PAYOFF OF ALL DEBT WITH PROCEEDS FROM THE SALE OF FORMER RETREAT SITES. THE DETAILS OF THE MAJOR TRANSACTIONS ARE: THE SALE FOR $6MM OF THE FORMER RETREAT SITE WHITE SULPHUR SPRINGS IN NAPA, CA WHICH WAS BADLY DAMAGED IN THE 2020 GLASS WILDFIRE; THE SALE FOR $20MM OF THE CURRENT HOFFMAN RETREAT CENTER IN PETALUMA, CA AT WHICH HOFFMAN INSTITUTE FOUNDATION WILL REMAIN A TENANT UNTIL THE NEW SITE IS READY TO OPERATE RETREATS IN YEAR 2026; THE PURCHASE FOR $11.5MM OF THE SANTA SABINA RETREAT CENTER IN SAN RAFAEL, CA; AND THE PAYDOWN OF $6MM TO CITY NATIONAL BANK WHICH ZEROED OUT ALL LONG TERM LIABILITIES. THE SCOPE OF THE CAPITAL RENOVATION AT SANTA SABINA CAPITAL IMPROVEMENTS ARE PROJECTED TO EXCEED $12MM AND INCLUDE CLASSROOMS RENOVATION, MODERNIZATION, FIRE SAFETY, HVAC, ADA ADDITIONS, PAINTING, AND SEVERAL BATHROOM RENOVATIONS ADDITIONS. IMPROVEMENTS TO THIS 2.5+ ACRE SITE ENABLES THE HOFFMAN INSTITUTE FOUNDATION TO INCREASE AND CONSOLIDATE RETREAT OPERATIONAL CAPACITY. 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 1 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X KATE MAYER 4154855220 1299 FOURTH ST STE 600 SAN RAFAEL CA 94901 CHARLES INGRASCI PRESIDENT/CHAIRMAN 2.00 38.00 X X 0 161110 27861 MATTHEW BRANNAGAN DIRECTOR 1.00 59.00 X 0 194462 19757 JAKE TARR VICE PRESIDENT/TREASURER 0.30 1.00 X X 0 0 0 SHARON ROE SECRETARY 0.30 0.00 X X 0 0 0 CORT SCHWANEBECK DIRECTOR 0.30 0.00 X 0 0 0 RICH CERICK DIRECTOR 1.00 0.00 X 0 0 0 0 355572 47618 0 0 1 0 SINGULAR BUILDERS INC 1160 BATTERY ST EAST STE 100 SAN FRANCISCO CA 94111 CONSTRUCTION FOR CAP. IMPRVMNTS. 389458 STRUCTURAL CONCEPTS INC 8 OAK WAY SAN ANSELMO CA 94960 CONSTRUCTION FOR CAP. IMPRVMNTS. 338377 COBLENTZ PATCH DUFFY & BASS LLP 1 MONTGOMERY STREET STE 3000 SAN FRANCISCO CA 94104 LEGAL 115700 DM BRENT & ASSOCIATES INC 1017 E STREET STE C SAN RAFAEL CA 94901 CONSTRUCTION FOR CAP. IMPRVMNTS. 104410 4 RENTAL INCOME FROM HIF 532000 6250 6250 6250 324972 324972 211667 0 211667 211667 211667 26000000 22351709 3648291 3648291 3648291 4191180 6250 0 4184930 X 121042 121042 15900 15900 339968 339968 5071 5071 76424 76424 198302 198302 104814 104814 1727 1727 863248 0 863248 0 56798 12969 1054309 8531136 12258039 104815 22131685 12153224 23242792 20697329 8779 75384 0 60000 6000000 0 6008779 135384 X 17234013 20561945 17234013 20561945 23242792 20697329 3327932 0 X 0 1 X 1 0 X X 1 HOFFMAN INSTITUTE FOUNDATION 330627187 10 1 863248 0 1 863248 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 5170000 5170000 6130000 97523 6032477 200000 7292 192708 758039 758039 12153224 0 0 0 0 0 0 0 0 0 MATTHEW BRANNAGAN DIRECTOR 0 190073 0 4389 0 0 0 7778 0 11979 0 214219 0 0 CHARLES INGRASCI PRESIDENT/CHAIRMAN 0 146400 0 4110 0 10600 0 18944 0 8917 0 188971 0 0 PART I, LINE 3: NO REVIEW OF COMPENSATION WAS REQUIRED SINCE NO OFFICERS WERE PAID BY THIS ORGANIZATION. A RELATED AND SUPPORTED ORGANIZATION, HOFFMAN INSTITUTE FOUNDATION, PERFORMS THE ANNUAL REVIEW PROCESS FOR THESE INDIVIDUALS AS APPLICABLE. PART I, LINE 6 VOLUNTEERS CONSIST OF SIX UNPAID BOARD MEMBERS, AN ADVISOR FROM HIF MANAGEMENT (ANN INGRASCI), AND A VOLUNTEER FINANCE ADMINISTRATOR (KATE MAYER). TOTAL HOURS ARE 1 PER WEEK FOR BOARD MEMBERS CHARLES, RICH, MATT AND ADVISOR AND ADMINISTRATOR, AND 15 HOURS PER YEAR FOR 3 OTHER BOARD MEMBERS (52 X 5, PLUS 15 X 3 = 305 TOTAL HOURS). ALL VOLUNTEER WORK SUPPORTS WITH MANAGEMENT OF BUSINESS, RECORD KEEPING, ORGANIZATION, TAX FILING, GOVERNANCE AND DECISION MAKING. FORM 990, PART VI, SECTION A, LINE 4 BYLAWS WERE UPDATED TO INCREASE THE NUMBER OF ALLOWABLE BOARD DIRECTORS FROM 5 MAXIMUM TO THE RANGE OF MAXIMUM 5 TO 9. FORM 990, PART VI, SECTION A, LINE 8B DUE TO THE SIZE OF THE BOARD, THERE ARE NO COMMITTEES WHOM ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE / INVESTMENT COMMITTEE OF THE BOARD (WHICH INCLUDES THE PRESIDENT/CHAIRMAN OF THE BOARD) REVIEWS THE DRAFT FORM 990. THEN IT IS MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND A DISCLOSURE OF CONFLICT DOCUMENT IS SIGNED BY EACH MEMBER OF THE BOARD OF DIRECTORS. THE POLICY IS REVIEWED BY GOVERNANCE AND ANY POTENTIAL CONFLICTS ARE REVIEWED AND REPORTED BY BOARD MEMBERS TO CHAIRPERSON AND GOVERNANCE COMMITTEE, OR TO CHAIRPERSON OR GOVERNANCE COMMITTEE ABSENT THE PERSON WITH THE POTENTIAL CONFLICT FOR REVIEW, FOLLOW THROUGH ACCORDING TO POLICY, AND FINAL DECISION. FORM 990, PART VI, SECTION B, LINE 15 NO REVIEW OF COMPENSATION WAS REQUIRED SINCE NO OFFICERS WERE PAID BY THIS ORGANIZATION. A RELATED AND SUPPORTED ORGANIZATION, HOFFMAN INSTITUTE FOUNDATION, PERFORMS THE ANNUAL REVIEW PROCESS FOR THESE INDIVIDUALS AS APPLICABLE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FORM 990, FINANCIAL STATEMENTS, AND OTHER REQUIRED POLICIES AVAILABLE TO THE GENERAL PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G REAL ESTATE COMMISSION TO SELL WHITE SULPHUR SPRINGS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 300,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 300,000. REAL ESTATE PURCHASE DUE DILIGENCE INSPECTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 39,968. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,968. HOFFMAN INSTITUTE FOUNDATION 1299 FOURTH ST STE 600 SAN RAFAEL CA 94901 330627187 EDUCATION CA 501(C)(3) LINE 10 N/A 0 HOFFMAN INSTITUTE CANADA ULC 600-12220 STONY PLAIN RD NW EDMONTON ALBERTA CA T52 3Y4 EDUCATIONAL RETREATS CA HOFFMAN INSTITUTE FOUNDATION C 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0