2024-08-15T22:33:39-05:00 2023-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2023-01-01 821454838 Kara J Trott Family Foundation AKA Life Leap Foundation % Foundation Source KARA 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 kara j trott treasurer 8008391754 2024-08-07 true true Jeffrey D Haskell P01345770 8008391754 2023 2024-08-08 14:25:15Z X 3205870 X 0 X 578 578 67589 67589 -125763 1847347 0 -57596 68167 0 6808 0 0 6808 16830 11830 5000 1200 26166 280 25886 51004 12110 0 37694 1354500 1354500 1405504 12110 0 1392194 -1463100 56057 25829 121134 121134 4020496 2462091 2379811 704925 704925 704925 4751250 3288150 3205870 0 0 X 4751250 3288150 4751250 3288150 4751250 3288150 4751250 -1463100 3288150 3288150 Publicly-traded Securities 1847347 1973110 -125763 -125763 -125763 779 779 779 909 0 909 X 0 130 130 false false false false false false true true true OH true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Mikhail Alexander Gebhardt Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Robert W Philips Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Sec 1.0 0 0 0 Kara J Trott Foundation Source 501 Silverside Rd Wilmington DE 198091377 Treas, Dir, Pres 1.0 0 0 0 2961824 56759 704925 3723508 0 3723508 55853 3667655 183383 183383 779 779 182604 182604 182604 1392194 0 0 0 0 1392194 182604 2021 2020 2019 255256 1254320 1509576 1392194 182604 1209590 2719166 0 2719166 255256 1254320 1209590 Kara J Trott Robert W Philips X COMMUNITY SHELTER BOARD 355 E CAMPUS VIEW BLVD COLUMBUS OH 43235 N/A PC Homelessness Prevention Network fund 50000 FAMILIES FLOURISH INC 633 PARSONS AVE COLUMBUS OH 43206 N/A PC General & Unrestricted 37000 FAMILIES FLOURISH INC 633 PARSONS AVE COLUMBUS OH 43206 N/A PC 2023 Power of Opportunity Sponsorship fund 2500 GRATITUDE FOUNDATION INC 39 E ELDER ST CUMBERLAND MD 21502 N/A PC General & Unrestricted 30000 HEARTLAND HIGH SCHOOL 760 E BROAD ST COLUMBUS OH 43205 N/A PC Charitable Event 50000 HEARTLAND HIGH SCHOOL 760 E BROAD ST COLUMBUS OH 43205 N/A PC Life Leap Scholarship Fund 200000 MAKE-A-WISH FOUNDATION OF OHIO KENTUCKY AND INDIAN 2545 FARMERS DR STE 300 COLUMBUS OH 43235 N/A PC General & Unrestricted 250000 O S U CHABAD HOUSE INC 6220 E DUBLIN GRANVILLE RD NEW ALBANY OH 43054 N/A PC Kitchen of Life Program - five additional classes and sofas 50000 OHIO STATE UNIVERSITY FOUNDATION PO BOX 710811 COLUMBUS OH 43271 N/A PC Immigration Clinic Fund 35000 OHIO STATE UNIVERSITY FOUNDATION PO BOX 710811 COLUMBUS OH 43271 N/A PC Life Leap Foundation Research Innovation Fund 500000 RICHARD J CARON FOUNDATION PO BOX 150 WERNERSVILLE PA 19565 N/A PC support patients discharging to Foundation House and Caron's Chapel Fund 100000 VISTA VILLAGE INC 92 NORTHWOODS BLVD B-1 COLUMBUS OH 43235 N/A PC General & Unrestricted 50000 1354500 14 578 14 67589 18 -125763 -57596 -57596 false false false false false false false false false false BOSTON TRUST SMALL CAP FUND 94961 95708 BROWN ADVISORY SUSTAINABILITY 358844 384231 CALVERT GREEN BOND FUND CLASS 169756 166859 CALVERT US LARGE CAP VALUE RES 333413 338134 HARTFORD SCHRODER EMERG MKTS E 102052 85244 INVESCO FLOATING RATE FUND CLA 23629 23867 ISHARES TRUST ISHARES MSCI EAF 263770 257817 PARNASSUS EQUITY INCOME FUND I 151729 145176 PARNASSUS MID CAP FUND 156570 146168 PIMCO FUNDS LOW DURATION FUND 148339 142693 RBC BLUEBAY HIGH YIELD BOND FU 92332 95749 TIAA-CREF CORE IMPACT BOND FUN 566696 498165 KJT FAMILY LLC - CLASS B 704925 704925 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 $1,354,500. This amount represents 25% or more of the Foundation's net assets of $4,200,768 (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. General Consultations 6808 6808 Administrative Fees 25634 25634 Bank Charges 280 280 Postage/Delivery Service 52 52 State or Local Filing Fees 200 200 Investment Management Services 11830 11830 Website Development 5000 5000 990-PF Estimated Tax for 2023 900 990-PF Extension for 2022 300