2025-02-14T14:49:25-06:00 2024-04-30 042979611 NARDELLA & TAYLOR LLP 24 HARTWELL AVE LEXINGTON MA 02421 990PF 2023-05-01 042861153 THE DELUCA FOUNDATION INC DELU 5085458200 23 STRATHMORE ROAD 2ND FLOOR 2 NATICK MA 01760 DEVI DELUCA PRESIDENT 5085458200 2025-02-13 1 0 ROBERT NARDELLA P00299024 7818626833 2025-02-12 2023 2025-03-06 01:10:19Z X 4899253 X 0 X 51009 51009 56337 56337 314600 314600 -78659 -58567 2394825 0 363379 421946 0 0 0 11106 0 11106 103256 51721 51535 105129 105072 57 73573 73573 210182 210182 0 20959 0 20959 98704 20981 66535 622909 461529 150192 881818 881818 1504727 461529 1032010 -1141348 0 359081 675003 675003 1035748 1035748 696325 0 0 696325 696325 1185961 0 0 3329850 844741 2500000 2485109 2485109 2141562 32 32 18224 7036 7036 6204828 4899253 4899253 8 21869 8 21869 X 6204820 4877384 6204820 4877384 6204828 4899253 6204820 -1141348 22680 5086152 208768 4877384 NUTTER - SALES OF SECURITIES 2024-04-30 784068 562848 221220 221220 TIAA - SALES OF SECURITIES 2024-04-30 714432 681903 32529 32529 SALE OF DELSYS SHARES 55,500 D 2016-12-31 2023-05-01 896325 1208641 -312316 -312316 -58567 0 0 0 0 0 2854 0 0 0 2854 0 2854 2854 0 0 0 0 0 0 0 0 0 1 1 0 0 1 MA 1 0 0 1 0 1 WWW.DELUCAFOUNDATION.ORG THE ORGANIZATION 5085458200 23 STRATHMORE ROAD 2ND FLOOR 2 NATICK MA 01760 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 DEVI DELUCA 43 VALLEY ROAD SOUTHBOROUGH MA 01772 PRESIDENT, CLERK, DIRECTOR 1.00 0 0 0 ROBERT N NARDELLA 24 HARTWELL AVE LEXINGTON MA 02420 DIRECTOR 0.00 0 0 0 NONE 0 NONE 0 VARIOUS AWARDS AND PRIZES GIVEN TO VARIOUS RESEARCHERS, CLINICIANS, AND EDUCATORS IN ORDER FOR THEM TO DEVELOP THEIR AREAS OF EXPERTISE. 724307 STIPENDS, RESEARCH GRANTS & FELLOWSHIPS AWARDED TO ASSIST EDUCATORS & PRACTITIONERS IN THE FIELD OF BIOMECHANICS 152100 SUPPORT FOR EDUCATIONAL SEMINARS IN THE FIELD OF BIOMECHANICS 5411 0 877551 1424160 1764023 4065734 0 0 4065734 60986 4004748 200237 200237 4553 4553 195684 0 195684 0 195684 1032010 0 1032010 195684 278357 2021 2020 2019 738038 0 1032010 278357 738038 0 15615 0 0 0 0 0 0 0 0 180069 0 0 0 DEVI DELUCA X CLARKSON UNIVERSITY ALAINA TULSKIE 8 CLARKSON AVE POTSDAM NY 13699 GRANT FOR RESEARCHER'S TUITION 9106 CLARKSON UNIVERSITY NICHOLAS LAMB 8 CLARKSON AVE POTSDAM NY 13699 GRANT FOR RESEARCHER'S TUITION 3856 CLARKSON UNIVERSITY SEAN BANERJEE 8 CLARKSON AVE POTSDAM NY 13699 GRANTS FOR TUITION 143409 CLARKSON UNIVERSITY SEAN BANERJEE 8 CLARKSON AVE POTSDAM NY 13699 DONATION OF EQUIPMENT FOR RESEARCH 35100 CLARKSON UNIVERSITY SEAN BANERJEE 8 CLARKSON AVE POTSDAM NY 13699 RESEARCH GRANT 131000 DR RINKI GUPTA AMITY UNIVERSITY SECTOR 125 NOIDA IN UP-201313 EQUIPMENT DONATION FOR ONGOING RESEARCH 24500 DR RINKI GUPTA AMITY UNIVERSITY SECTOR 125 NOIDA IN UP-201313 RESEARCH GRANT 10000 KENNEDY KRIEGER INSTITUTE CO AGOSTINA CASAMENTO 707 NORTH BROADWAY BALTIMORE MD 21205 EQUIPMENT DONATION FOR ONGOING RESEARCH THROUGH THE SEED FOR SCIENCE PROGRAM 9607 KENNEDY KRIEGER INSTITUTE CO AGOSTINA CASAMENTO 707 NORTH BROADWAY BALTIMORE MD 21205 RESEARCH GRANT 10000 MANCHESTER METROPOLITAN UNIVERSITY EMMA TOLE ALL SAINTS BUILDING MANCHESTER UK M15 6BH RESEARCH GRANT 29499 NEWYORK UNIVERSITY VETERNS ADMIN CO JOHN CHOMACK NARROWS INSTITUTE FOR BIOMED RES VA NEW YORK HARBOR HEALTHCARE SYSTEM NEW YORK NY 11209 EQUIPMENT DONATION FOR ONGOING RESEARCH THROUGH THE SEED FOR SCIENCE PROGRAM 9607 OKLAHOMA STATE UNIVERSITY SCHOOL OF KINESIOLOGY 188 COLVIN REC CENTER STILLWATER OK 74078 RESEARCH GRANT 19996 OKLAHOMA STATE UNIVERSITY SCHOOL OF KINESIOLOGY JASON DEFREITAS 188 COLVIN REC CENTER STILLWATER OK 74078 RESEARCH GRANT 25000 UCF OFFICE OF RESEARCH 12201V RESEARCH PARKWAY SUITE 501 ORLANDO FL 32826 EDUCATIONAL SUPPORT 6874 UNIVERSITY OF CENTRAL FLORIDA MATTHEW STOCK 12805 PEGASUS DRIVE ORLANDO FL 32816 TRAVEL GRANT 50 UNIVERSITY OF CONNECTICUT BIOMEDICAL ENGINEERING DEPARTMENT 260 GLENBROOK RD STORRS CT 062692247 RESEARCH GRANT 20000 UNIVERSITY OF ILLINOIS CO GRIFFIN SIPES MECHANICAL ENGINEERING BUILDING 1206 W GREEN ST MC 244 URBANA IL 61801 EQUIPMENT DONATION FOR ONGOING RESEARCH THROUGH THE SEED FOR SCIENCE PROGRAM 9607 UNIVERSITY OF ILLINOIS CO GRIFFIN SIPES MECHANICAL ENGINEERING BUILDING 1206 W GREEN ST MC 244 URBANA IL 61801 RESEARCH GRANT 10000 UNIVERSITY OF MICHIGAN JENNIFER LACROSS UDUS RESEARCH GROUP 6422 MEDICAL SCIENCES BUILDING 1301 CATHERINE STREET ANN ARBOR MI 48109 RESEARCH GRANT 250000 UNIVERSITY OF QUEENSLAND PHOEBE DUNCOMBE UQ ST LUCIA CAMPUS BUILDING 69 LEVEL 2 ST LUCIA 4072 QUEENSLAND AS RESEARCH GRANT 10000 UNIVERSITY OF QUEENSLAND PHOEBE DUNCOMBE UQ ST LUCIA CAMPUS BUILDING 69 LEVEL 2 ST LUCIA 4072 QUEENSLAND AS EQUIPMENT DONATION FOR ONGOING RESEARCH THROUGH THE SEED FOR SCIENCE PROGRAM 9607 AMERICAN COLLEGE OF SPORTS MEDICINE 401 W MICHIGAN ST INDIANNAPOLIS IN 46202 TRAVEL SUPPORT FOR ACSM RESEARCH CONFERENCE 105000 881818 0 14 51009 14 56337 531120 -78659 523000 -58567 -137226 107346 0 -29880 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES 11106 0 11106 WEBSITE 2017-05-30 3414 3414 36.000000000000 0 3414 VIDEO PRODUCTION (1/3 OF COST SHARED) 2020-09-03 16250 14445 36.000000000000 1805 0 16250 VIDEO PRODUCTIONS 2022-01-21 28148 11729 36.000000000000 9383 0 21112 ELECTION PURSUANT TO TREASURY REG. 53.4942(A)-3(D)(2) 2023 FORM 990-PF PART XII UNDISTRIBUTED INCOMEPURSUANT TO 4962(A), THE TAXPAYER TAKES THE POSITION THAT ITS UNDISTRIBUTED INCOME THROUGH TAX YEAR ENDING 4/30/2022 WAS DUE TO REASONABLE CAUSE AND NOT WILLFUL NEGLECT, AND, AS OF MARCH 14, 2024, HAD BEEN CORRECTED AND THEREFORE SHOULD NOT BE SUBJECT TO QUALIFIED FIRST TIER TAX UNDER 4942(A). WITH FORM 990-PF FOR THE TAX PERIOD ENDING APRIL 30, 2024, THE TAXPAYER IS SUBMITTING THIS ELECTION PURSUANT TO TREAS. REGS. 53.4942(A)-3(D)(2) TO ALLOCATE QUALIFIED DISTRIBUTIONS MADE DURING THE TAX YEAR ENDING 4/30/2024 TO TAX YEARS ENDING 4/30/2019, 4/30/2020, 4/30/2021, AND 4/30/2022, EXEMPTING THE UNDISTRIBUTED INCOME FROM QUALIFIED SECOND TIER TAX UNDER 4942(B). THE TAXPAYER HAS NOT RECEIVED A NOTICE OF DEFICIENCY. SALE OF PROPERTY FORM 990-PF; PART VI-B LINE 1.B. ON MAY 1, 2023, 55,500 SHARES OF DELSYS CORPORATION STOCK, A 30% MINORITY SHARE IN THE COMPANY, WAS SOLD TO DELSYS CORPORATION FOR $896,325.00. THE PRESIDENT OF THE FOUNDATION IS ALSO A SHAREHOLDER IN DELSYS CORPORATION, OWNING 40% OF THE TOTAL SHARES. A BUSINESS VALUATION OF THE FOUNDATION'S MINORITY SHARE WAS PREPARED BY AN INDEPENDENT LICENSED APPRAISER WHO DETERMINED THE FAIR MARKET VALUE PER SHARE AT $16.15. THE DIRECTORS OF THE FOUNDATION BELIEVE THE TRANSACTION MET THE QUALIFICATIONS FOR AN ARM'S LENGTH TRANSACTION. THE REASON FOR THE SALE WAS PRIMARILY TO REDUCE THE ADMINISTRATIVE AND TAX BURDEN OF THE FOUNDATION. MARKETABLE SECURITIES TIAA FMV 32 32 UNAMORTIZED INTANGIBLE ASSETS - WEBSITE & VIDEO 18224 7036 7036 UNREALIZED LOSS ON MARKETABLE SECURITIES 208768 BANK FEES 65 0 65 ADVERTISING & MARKETING 14375 0 14375 OFFICE EXPENSES 21871 0 21871 INSURANCE 564 0 564 LOSS ON FOREIGN EXCHANGE 494 0 494 DUES 29166 0 29166 OFFICE EXPENSE 6446 6446 0 INSURANCE 562 562 0 BANK CHARGES 98 98 0 TECHNOLOGY MAINTENANCE 13875 13875 0 AMORTIZATION 11188 0 0 UNRELATED BUSINESS INCOME 22680 INVESTMENT MANAGEMENT FEES 9292 9292 0 PROFESSIONAL FEES 28725 0 28725 SPEAKER HONORARIUMS 2000 0 2000 OUTSIDE SERVICES 20810 0 20810 PROFESSIONAL FEES 19029 19029 0 MANAGEMENT FEES 23400 23400 0 STATE TAXES ON M-990-T PAID 16689 16689 0 TAXES - FEDERAL 42289 42289 0 TAXES & LICENSES 42 0 42 REGISTRATION FEES 15 0 15 OTHER FEES 2000 2000 0 TAXES 44094 44094 0