2024-08-15T22:33:38-05:00 2023-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2023-01-01 261751826 The Eshelman Foundation % Foundation Source ESHE 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 kimberly batten president 8008391754 2024-08-12 true true Jeffrey D Haskell P01345770 8008391754 2023 2024-08-08 14:25:15Z X 172520 X 390000 10 10 90 90 0 9 9 390109 109 63831 63831 32241 32241 66 66 15788 15788 111926 0 111926 162000 162000 273926 0 273926 116183 109 53509 169692 169692 2808 2808 2828 56317 172500 172520 0 0 X 56317 172500 56317 172500 56317 172500 56317 116183 172500 172500 2 2 2 64 0 64 62 62 false false false false false false true true true NC true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false true false false false false false false false false false false false false false false false false false Kimberly Eshelman Batten Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres 40.0 63831 27358 0 Laura Bonifacio Foundation Source 501 Silverside Rd Wilmington DE 198091377 Board Member 1.0 0 0 0 Steve Diab Foundation Source 501 Silverside Rd Wilmington DE 198091377 Sec 1.0 0 0 0 Fred Eshelman Foundation Source 501 Silverside Rd Wilmington DE 198091377 Chairman 1.0 0 0 0 Walker Taylor IV Foundation Source 501 Silverside Rd Wilmington DE 198091377 Treas 1.0 0 0 0 2785 34197 0 36982 0 36982 555 36427 1821 1821 2 2 1819 1819 1819 273926 0 0 0 0 273926 1819 2021 2020 2019 445865 381544 458745 377557 358922 2022633 273926 1819 272107 2294740 0 445865 1848875 381544 458745 377557 358922 272107 Fred Eshelman Steve Diab WALKER TAYLOR IV X A SAFE PLACE INC PO BOX 1271 WRIGHTSVILLE BEACH NC 28480 N/A PC Empowered Me program 15000 BEACON EDUCATION INC 4100 SUNGLOW DR WILMINGTON NC 28405 N/A PC TO purchase 60 Chromebooks 21000 BROOKLYN ARTS MUSIC ACADEMY 202 N 5TH AVE WILMINGTON NC 28401 N/A PC Music is Life program 10000 COASTAL HORIZONS CENTER INC 615 SHIPYARD BLVD WILMINGTON NC 28412 N/A PC To purchase supplies and pay for tutoring for youth in the open house youth shelter 5000 COASTAL THERAPEUTIC RIDING PROGRAM 8120 SIDBURY RD WILMINGTON NC 28411 N/A PC scholarship lessons 10000 COMMUNITIES IN SCHOOLS OF CAPE FEAR INC PO BOX 398 WILMINGTON NC 28402 N/A PC The Freedom School 20000 KIDS MAKING IT INC 617 CASTLE ST WILMINGTON NC 28401 N/A PC General & Unrestricted 20000 LOUISE WELLS CAMERON ART MUSEUM 3201 S 17TH ST WILMINGTON NC 28412 N/A PC 20 scholarships for summer camps and after school classes for underserved students 6000 NATIONAL SOCIETY TO PREVENT BLINDNESS NORTH CAROLI 4011 W CHASE BLVD STE 225 RALEIGH NC 27607 N/A PC Preschool vision screening program 5000 PHOENIX EMPLOYMENT SERVICES OF WILMINGTON INC 621 N 4TH ST WILMINGTON NC 28401 N/A PC Restoring Opportunity to Youth through internships 10000 THE CAROUSEL CENTER INC 1501 DOCK ST WILMINGTON NC 28401 N/A PC Tri-County Child Abuse Prevention Initiative 25000 WILMINGTON AREA REBUILDING MINISTRY INC 909 MARKET ST WILMINGTON NC 28401 N/A PC Healthy Homes for Children 15000 162000 14 10 14 90 INVESTMENT MGMT FEE REFUND 01 9 109 109 false false false false false false false false false false X X 1 Diab Steve 16 North Fifth Avenue Wilmington NC 28401 10000 X 2 Eshelman Fred 301 N Front Street Suite 301 Wilmington NC 28480 380000 X WELLS FARGO ADV ULTRA SHORT TE 2808 2828 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 $162,000. This amount represents 25% or more of the Foundation's net assets of $56,252 (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 13113 13113 Indemnification Insurance 1917 1917 Office Supplies 83 83 Postage/Delivery Service 436 436 Website Hosting/Support 239 239 Investment Mgmt Fee Refund 9 9