2024-10-04T21:13:04-05:00 2023-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2023-01-03 921572782 The Larrea Family Foundation % Foundation Source LARR 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 diana keohane president 8008391754 2024-10-02 true true Jeffrey D Haskell P01345770 8008391754 2023 2024-10-15 13:58:12Z X X 463122 X 493709 580 580 11729 11729 13942 568408 506483 519960 518792 0 9924 2424 7500 7200 150 150 13471 13471 30745 2424 21121 30000 30000 60745 2424 51121 459215 516368 19208 19208 133186 134460 306821 309454 0 459215 463122 0 0 X 459215 0 459215 0 459215 0 459215 459215 459215 Publicly-traded Securities 568408 61925 506483 506483 506483 7178 7178 7178 10800 0 10800 X 0 3622 3622 false false false false false false false true true DE true false true 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 Curtis J Keohane Foundation Source 501 Silverside Rd Wilmington DE 198091377 Treas, Dir 1.0 0 0 0 Diana Keohane Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec, Treas 1.0 0 0 0 Jason Larrea Keohane Foundation Source 501 Silverside Rd Wilmington DE 198091377 Sec, Dir 1.0 0 0 0 Alice Larrea Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Marilu Larrea Scott Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 378343 21247 0 399590 0 399590 5994 393596 19572 19572 7178 7178 12394 12394 12394 51121 0 0 0 0 51121 12394 2021 2020 2019 51121 12394 38727 38727 0 38727 38727 Alice Larrea X GREEN EMPOWERMENT 140 SW YAMHILL ST PORTLAND OR 97204 N/A PC General & Unrestricted 10000 SEEDS FOR A FUTURE PO BOX 10453 PRESCOTT AZ 86304 N/A PC General & Unrestricted 10000 UNIVERSITY OF NEW HAMPSHIRE FOUNDATION INCORPORATE 15 STRAFFORD AVE DURHAM NH 03824 N/A PC UNH Sustainability Institute's work fund 10000 30000 14 580 14 11729 18 13942 26251 26251 false false false false false false false false false false X X 1 Larrea Alice 6 Sea Trumpet York ME 03909 493709 X 1 ABBOTT LABS ABT, 5073 sh. 493709 2023-03-15 ABBVIE INC NOTE CALL MAKE WHOL 23161 23254 AMAZON COM - 2.800% - 08/22/20 19561 19690 ANHEUSER BUSCH - 4.750% - 01/2 20381 20329 APPLE INC - 1.200% - 02/08/202 22819 23145 CAPITAL ONE FINL - 3.750% - 07 25681 26832 CITIGROUP BOND - 4.450% - 09/2 19335 19534 COSTCO - 1.600% - 04/20/2030 18667 18873 ENERGY TRANSFER OPERATING LP - 23969 24186 ENTERPRISE PRODS - 3.700% - 02 19529 19702 EOG RES INC - 4.375% - 04/15/1 23946 23937 GENERAL DYNAMICS CORP - 3.500% 31402 31412 GOLDMAN SACHS GROUP - 3.850% - 19664 19820 NIKE INC - 2.400% - 03/27/2025 19424 19450 PFIZER INC - 3.450% - 03/15/20 19282 19290 ABBVIE INC 1502 1550 ALTRIA GROUP INC 2003 1815 AMERICAN ELECTRIC POWER INC 2261 2031 ARES CAPITAL CORPORATION - CLO 1277 1402 AT&T, INC 2005 1762 CHEVRON CORP 2443 2237 CINCINNATI FINANCIAL CORP 1669 1552 CISCO SYSTEMS INC 1291 1263 CITIGROUP INC 907 1029 CITIZENS FINANCIAL GROUP, INC 1133 1326 CITY NATIONAL ROCHDALE STRATEG 14999 14591 CNI FIXED INCOME OPP FD CL N 21162 21884 DOMINION ENERGY INC 1939 1645 DUKE ENERGY CO 2401 2426 EMERSON ELECTRIC CO 864 973 ENTERGY CORP 2129 2024 EVERSOURCE ENERGYINC 1551 1234 FEDERATED INSTI HIGH YIELD BD 8384 8733 FIDELITY NATIONAL FINANCIAL IN 491 510 FIFTH THIRD BANCORP 1562 2069 FIRST ENERGY CORP 1549 1466 FORD MOTOR COMPANY 809 792 FRANKLIN RES INC 800 894 GENERAL MILLS INC 1274 977 GENUINE PARTS COMPANY 830 693 H&R BLOCK INC 474 484 HARTFORD FINANCIALSERVICES GRO 1038 1206 HP INC 775 752 INTERNATIONAL BUSINESS MACHINE 1302 1636 INTERNATIONAL PAPER CO 1972 1988 INTERPUBLIC GROUP OF COS 1113 979 ISHARES 0 5 YEAR HIGH YIELD CO 6605 6713 ISHARES IBOXX $ HIGH YIELD COR 4283 4411 ISHARES JP MORGAN USD EM MKTS 4394 4542 LOCKHEED MARTIN CORP 945 906 LYONDELLBASELL INDUSTRIES NV 1404 1426 MARATHON PETROLEUM CORP 612 742 MERCK & CO INC 1062 1090 METLIFE INC 1538 1984 NATIONAL RETAIL PROPERTIES INC 874 862 NISOURCE INC 1137 1062 PFIZER INC 1211 864 PHILIP MORRIS INTL 1454 1411 PIMCO INCOME FUND 6788 6898 PRINCIPAL FINANCIAL GROUP 736 787 PROCTER GAMBLE CO 1480 1465 PROLOGIS 1230 1333 SEAGATE TECHNOLOGY HOLDINGS PL 426 427 SEMPRA ENERGY COM 1499 1495 SONOCO PRODUCTS COMPANY 1510 1397 THE COCA-COLA CO 1550 1473 THE WENDY'S CO 756 682 UNUM CORP 869 904 US BANCORP 1579 2164 VERIZON COMMUNICATIONS 1947 1885 WEC ENERGY GROUP, INC 1236 1263 WHIRLPOOL CORP 672 609 WILLIAMS COS 1480 1742 Administrative Fees 6971 6971 Administrative Set-Up Fee 5400 5400 Delaware Incorporation Fees 500 500 IRS Application Fees 600 600 Investment Management Services 2424 2424 Philanthropic Consulting Srvcs 7500 7500 We respectfully request that the Foundation's quarterly estimated tax payments be treated as timely and request that no underpayment penalties be assessed because the payment delay was due to reasonable cause. Treasury Regulations SEC. 301.6651-1(c)(1) defines reasonable cause by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to submit a payment in a timely fashion for Form 990-PF. The Foundation's administrator initially mailed a request to update the Foundation's name in the Internal Revenue Service's (the "Service") database in advance of the quarterly estimated tax deadlines. Unbeknownst to the Foundation, the name was updated, but the administrator did not enroll the Foundation in EFTPS to make its Q2 2023 quarterly payment until right before the deadline. Due to the timing, the administrator inadvertently missed making the required payment once enrolled. Form 2220 reports the quarterly estimated tax payments as made timely as if the error did not occur, since this was through no fault of the Foundation. The administrator has updated its policies and procedures to ensure that this will not occur in the future. According to the standards set forth in Rev. Proc. 92-85, we believe the Foundation's and its administrator's actions were reasonable and in good faith. The delay in submitting quarterly estimates was not in any way due to an intentional disregard of IRS rules but rather a clerical error. Therefore, we believe the Foundation is entitled to abatement of any penalty. Larrea Alice 6 Sea Trumpet York ME 03909 990-PF Estimated Tax for 2023 7200