2024-11-05T08:27:28-06:00 2023-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2023-01-01 851044989 Lorenzini Family Foundation % Foundation Source LORE 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 ROBIN LORENZINI PRESIDENT 8008391754 2024-10-31 true true Jeffrey D Haskell P01345770 8008391754 2023 2024-10-15 13:58:12Z X 1470710 X 0 X 1104 1104 3166 3166 -2177181 1932292 682824 1827 1827 -2171084 688921 0 2125 2125 29100 60923 44889 16033 92148 47014 16033 1528000 1528000 1620148 47014 1544033 -3791232 641907 1502760 50687 50687 0 300000 0 0 785567 804944 2860005 460227 495506 615079 5122992 1331760 1470710 0 0 X 5122992 1331760 5122992 1331760 5122992 1331760 5122992 -3791232 1331760 1331760 Publicly-traded Securities 1932292 949435 982857 982857 Passthrough K1 Capital Gain/(Loss) -33 CAUZE, INC. - 0.18% - 03/02/2023 P 2021-08-18 2023-05-05 300000 -300000 -300000 682824 8923 8923 8923 14337 0 14337 X 0 5414 5414 false false false false false false true true true DE true false false false false true Foundation Source 8008391754 55 WALLS DRIVE FL 3 Fairfield CT 06824 false false false false false false false false false false false false false false false false false false false false false Caden McKinstry Lorenzini Foundation Source 501 Silverside Rd Wilmington DE 198091377 Sec 1.0 0 0 0 Court V Lorenzini Foundation Source 501 Silverside Rd Wilmington DE 198091377 Treas 1.0 0 0 0 Robin Neff Lorenzini Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres 1.0 0 0 0 873704 224322 717818 1815844 0 1815844 27238 1788606 89430 89430 8923 8923 80507 80507 80507 1544033 0 0 0 0 1544033 80507 343119 1022281 1484441 2849841 1544033 80507 1463526 4313367 0 4313367 343119 1022281 1484441 1463526 Court V Lorenzini Robin Neff Lorenzini X COMMON FUTURE 2323 BROADWAY OAKLAND CA 94612 N/A PC General & Unrestricted 150000 DUKE UNIVERSITY PO BOX 90581 DURHAM NC 27708 N/A PC The Lorenzini Family Scholarship Fund - The Lord 100 Challenge 125000 EQUAL JUSTICE WORKS 1730 M ST NW STE 800 WASHINGTON DC 20036 N/A PC Equal Justice Works Fellowships Class of 2023 67000 MASSACHUSETTS INSTITUTE OF TECHNOLOGY 600 MEMORIAL DR BLDG W98-300 CAMBRIDGE MA 02139 N/A PC SOLVE Innovation Future Fund 125000 PRADER-WILLI SYNDROME ASSOCIATION 1032 E BRANDON BLVD 4744 BRANDON FL 33511 N/A PC Production of a documentary film preliminarily titled "The Life You're Given" 20000 REWILD PO BOX 129 AUSTIN TX 78767 N/A PC General & Unrestricted 5000 THE DRAPER RICHARDS KAPLAN FOUNDATION 1600 EL CAMINO REAL 155 MENLO PARK CA 94025 N/A PC Fund IV 250000 THE YOUNG MENS CHRISTIAN ASSOCIATION OF GREATER SE 909 4TH AVE SEATTLE WA 98104 N/A PC Heritage Month Events 10000 UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION PO BOX 70359 PHILADELPHIA PA 19176 N/A PC Tech and Innovation Fund 95000 UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION PO BOX 70359 PHILADELPHIA PA 19176 N/A PC Service and Hope Award fund 100000 VILLANOVA UNIVERSITY 800 E LANCASTER AVE VILLANOVA PA 19085 N/A PC Lorenzini Ambassador Program at McNulty Institute 126000 VILLANOVA UNIVERSITY 800 E LANCASTER AVE VILLANOVA PA 19085 N/A PC To Establish the Intergroup Dialogue Center of Diversity, Equity, and Inclusion at Villanova University 345000 VILLANOVA UNIVERSITY 800 E LANCASTER AVE VILLANOVA PA 19085 N/A PC Lorenzini Ambassador Program at McNulty Institute 100000 YELLOWSTONE CLUB COMMUNITY FOUNDATION 1111 RESEARCH DR STE B BOZEMAN MT 59718 N/A PC General & Unrestricted 10000 1528000 14 1104 14 3166 18 -2177181 K-1 Inc/Loss 14 1827 -2171084 -2171084 false false false false false false false false false false 785567 804944 CHINGONA VENTURES II LP 44843 46090 FIRST ROW PARTNERS FUND I, LP 89657 100000 GG GREENHOUSE FUND I, LP 218844 274545 LEGACY VENTURES XI, LLC 27653 69639 PORTFOLIO RISING II 21810 24839 WOCSTAR FUND I LP 92699 99966 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 $1,528,000. This amount represents 25% or more of the Foundation's net assets of $3,238,115 (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 15825 15825 K-1 Exp CHINGONA VENTURES II L 6963 6963 K-1 Exp FIRST ROW PARTNERS FUN 530 530 K-1 Exp GG GREENHOUSE FUND I, 16758 16758 K-1 Exp LEGACY VENTURES XI, LL 10277 10276 K-1 Exp PORTFOLIO RISING II 68 68 K-1 Exp WOCSTAR FUND I LP 10294 10294 Postage/Delivery Service 183 183 State or Local Filing Fees 25 25 K-1 Inc/Loss CHINGONA VENTURES II LP 110 110 K-1 Inc/Loss FIRST ROW PARTNERS FUND I, LP 129 129 K-1 Inc/Loss GG GREENHOUSE FUND I, LP 563 563 K-1 Inc/Loss LEGACY VENTURES XI, LLC 844 844 K-1 Inc/Loss PORTFOLIO RISING II 57 57 K-1 Inc/Loss WOCSTAR FUND I LP 124 124 CAUZE INC 300000 0 2021-08 2023-03 PRIN AND INT ON/AFTER MATURITY DATE 0.18 NONE INVESTMENT CASH 0 Investment Management Services 2125 2125 990-PF Estimated Tax for 2023 12900 990-PF Extension for 2022 16200