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    <ReturnTs>2025-09-11T11:51:56-04:00</ReturnTs>
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        <AddressLine1Txt>3333 New Hyde Park Rd Ste 406</AddressLine1Txt>
        <CityNm>New Hyde Park</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
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        <BusinessNameLine1Txt>IS15 Foundation</BusinessNameLine1Txt>
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      <InCareOfNm>% Foundation Source</InCareOfNm>
      <BusinessNameControlTxt>IS15</BusinessNameControlTxt>
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        <AddressLine1Txt>Foundation Source 501 Silverside Rd</AddressLine1Txt>
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        <StateAbbreviationCd>DE</StateAbbreviationCd>
        <ZIPCd>198091377</ZIPCd>
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      <PersonNm>Ian Sanders</PersonNm>
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      <PreparerPersonNm>Jeffrey D Haskell</PreparerPersonNm>
      <PTIN>P01345770</PTIN>
      <PhoneNum>8008391754</PhoneNum>
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    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
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        <InvestmentIncomeExciseTaxAmt>33</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>33</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>33</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>30</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>100</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>130</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>97</OverpaymentAmt>
        <AppliedToESTaxAmt>97</AppliedToESTaxAmt>
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        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
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        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd referenceDocumentId="LiquidExpStmt">true</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>FL</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
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        <OwnControlledEntityInd>false</OwnControlledEntityInd>
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        <PhoneNum>8008391754</PhoneNum>
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          <AddressLine1Txt>501 Silverside Road Suite 123</AddressLine1Txt>
          <CityNm>Wilmington</CityNm>
          <StateAbbreviationCd>DE</StateAbbreviationCd>
          <ZIPCd>198091377</ZIPCd>
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        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
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        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
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          <PersonNm>Ian Sanders</PersonNm>
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            <AddressLine1Txt>Foundation Source 501 Silverside Rd</AddressLine1Txt>
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            <StateAbbreviationCd>DE</StateAbbreviationCd>
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          <TitleTxt>Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
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      <SumOfProgramRelatedInvstGrp />
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        <AverageMonthlyFMVOfSecAmt>42827</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>32652</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
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        <CashDeemedCharitableAmt>1132</CashDeemedCharitableAmt>
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      <PrivateOperatingFoundationsGrp></PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>Ian Sanders</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NORTHWESTERN UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1201 DAVIS ST 3RD FLOOR</AddressLine1Txt>
            <CityNm>EVANSTON</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>60208</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Kellogg Fifteen Group Undergraduate Real Estate Curriculum Fund and Weinberg College Fifteen Group Undergraduate Real Estate Curriculum Fund</GrantOrContributionPurposeTxt>
          <Amt>400000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NORTHWESTERN UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1201 DAVIS ST 3RD FLOOR</AddressLine1Txt>
            <CityNm>EVANSTON</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>60208</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Kellogg Real Estate Program and Kellogg Real Estate Advisory Council</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>407500</TotalGrantOrContriPdDurYrAmt>
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          <ExclusionCd>14</ExclusionCd>
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          <ExclusionCd>14</ExclusionCd>
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        <NetRntlIncmReNotDebtFincdProp />
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        <OtherInvestmentIncomeGrp />
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          <ExclusionAmt>2388</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>2388</TotalIncomeProducingActyAmt>
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        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
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        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
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      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
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        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>Ian Sanders Revocable Trust</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>c/o Ian Sanders 47 NE 36th St Fl 2</AddressLine1Txt>
          <CityNm>Miami</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>33137</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>500000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
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    </IRS990ScheduleB>
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    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>DODGE &amp; COX INCOME FUND</StockNm>
        <EOYBookValueAmt>35164</EOYBookValueAmt>
        <EOYFMVAmt>31789</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD TOTAL STOCK MARKET ET</StockNm>
        <EOYBookValueAmt>5516</EOYBookValueAmt>
        <EOYFMVAmt>7245</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD ULTRA ST BND ADMR</StockNm>
        <EOYBookValueAmt>4642</EOYBookValueAmt>
        <EOYFMVAmt>4701</EOYFMVAmt>
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    </InvestmentsCorpStockSchedule>
    <LiquidationExplanationStmt documentId="LiquidExpStmt">
      <ExplanationTxt>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, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $407,500. This amount represents 25% or more of the Foundation's net assets of $66,634 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. 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.</ExplanationTxt>
    </LiquidationExplanationStmt>
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        <Desc>Administrative Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>7675</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>7675</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
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