2025-05-28T12:04:28-05:00 2023-12-31 942186350 CALEGARI & MORRIS ACCOUNTANTS 650 CALIFORNIA ST 3RD FLOOR SAN FRANCISCO CA 94108 990PF 2023-01-01 237173368 GRAND NATIONAL FOUNDATION INC GRAN 6503280820 1143 CRANE STREET 200 MENLO PARK CA 94025 HENRY N KUECHLER IV PRESIDENT 6503280820 2025-05-28 1 0 MONIQUE TIGER P01434288 4159818766 2025-05-28 2023 2025-03-06 01:10:19Z X 1515198 X X 149 149 149 30359 30359 30359 9452 74839 9452 39960 39960 30508 0 0 0 0 3750 750 0 3000 3750 750 0 3000 531 531 0 0 493 98 0 395 8524 2129 0 6395 98500 98500 107024 2129 0 104895 -67064 37831 30508 109448 57712 57712 519182 503854 1457486 628630 561566 1515198 0 0 X 628630 561566 628630 561566 628630 561566 628630 -67064 0 561566 0 561566 120 SHS APPLE P 2014-06-02 2023-12-21 23187 2688 20499 20499 100 SHS KKR P 2014-05-02 2023-12-21 8105 2298 5807 5807 150 SHS MCDONALDS P 2010-06-09 2023-12-21 43478 10313 33165 33165 1500 SHS FRB P 2023-03-15 2023-11-13 26 50059 -50033 -50033 GE - CASH IN LIEU P 1997-01-02 2023-01-13 43 29 14 14 9452 -50033 526 0 526 0 526 0 0 0 0 0 23 549 0 0 0 0 0 0 0 0 0 0 0 1 CA 1 0 0 0 0 1 N/A HENRY KUECHLER IV 6503280820 1143 CRANE ST 200 MENLO PARK CA 94025 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 JOHN LACEY 1143 CRANE ST 200 MENLO PARK CA 94025 DIRECTOR 0.00 0 0 0 STEVEN B PETERSON 1143 CRANE ST 200 MENLO PARK CA 94025 TREASURER 0.00 0 0 0 JACK T RODDY 1143 CRANE ST 200 MENLO PARK CA 94025 VICE PRESIDENT 0.00 0 0 0 VIKTORIIA GOLOVATA 1143 CRANE ST 200 MENLO PARK CA 94025 SECRETARY 0.00 0 0 0 MARY KUECHLER 1143 CRANE ST 200 MENLO PARK CA 94025 DIRECTOR 0.00 0 0 0 WILLIAM L NOBLE 1143 CRANE STREET 200 MENLO PARK CA 94025 DIRECTOR 0.00 0 0 0 MORRIS L NOBLE 1143 CRANE STREET 200 MENLO PARK CA 94025 DIRECTOR 0.00 0 0 0 HENRY N KUECHLER IV 1143 CRANE ST 200 MENLO PARK CA 94025 PRESIDENT 0.00 0 0 0 STEPHEN T HEARST 1143 CRANE ST 200 MENLO PARK CA 94025 VICE PRESIDENT 0.00 0 0 0 NONE 0 NONE 0 0 1399828 62828 0 1462656 0 0 1462656 21940 1440716 72036 72036 526 526 71510 0 71510 0 71510 104895 0 104895 71510 70476 0 0 104895 70476 0 0 34419 0 0 0 0 0 0 0 0 37091 0 0 0 X 1-A DISTRICT AGRICULTURE PO BOX 34206 SAN FRANCISCO CA 94134 509A1 LIVESTOCK SHOW 30000 CA FOUNDATION FOR AGRICULTURE 2300 RIVER PLAZA DRIVE SACRAMENTO CA 95833 509A1 AGRICULTURAL ED GRANT 10000 CALIFORNIA POLYTECHNIC STATE UNIVERSITY 1 GRAND AVENUE SAN LUIS OBISPO CA 93407 501C3 EDUCATIONAL ASSISTANCE 10000 CALIFORNIA RANGELAND TRUST 3900 LENNANE DRIVE SUITE 210 SACRAMENTO CA 95834 501C3 INTERNSHIP PROGRAM 48500 98500 0 14 149 14 30359 18 9452 0 39960 0 39960 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES 3750 750 0 3000 CORPORATE STOCK OVERRIDE 503854 1457486 BANK CHARGES 356 71 0 285 OFFICE SUPPLIES 137 27 0 110 BOOKKEEPING & ADMIN FEES 3750 750 0 3000 REASONABLE CAUSE STATEMENT FOR LATE FILING OF FORM 990-PF (TAX YEAR 2023)GRAND NATIONAL FOUNDATION, INC.EIN: 23-7173368THIS STATEMENT IS SUBMITTED IN SUPPORT OF A REQUEST FOR ABATEMENT OF ANY LATE FILING PENALTIES ASSESSED FOR THE LATE FILING OF FORM 990-PF FOR THE TAX YEAR ENDING DECEMBER 31, 2023, BY GRAND NATIONAL FOUNDATION, INC. (EIN: 23-7173368).BACKGROUND AND FACTSGRAND NATIONAL FOUNDATION, INC. IS A PRIVATE FOUNDATION THAT HAS BEEN IN CONTINUOUS OPERATION SINCE 1972. SINCE ITS INCEPTION, THE FOUNDATION HAS CONSISTENTLY AND TIMELY FILED ITS ANNUAL FORM 990-PF BY PAPER, IN ACCORDANCE WITH IRS RULES AND PROCEDURES IN EFFECT THROUGH THE 2022 TAX YEAR.FOR THE 2023 TAX YEAR, THE FOUNDATION PREPARED AND TIMELY MAILED ITS FORM 990-PF AS A PAPER RETURN, FOLLOWING ITS LONGSTANDING PRACTICE AND IN GOOD FAITH RELIANCE ON HISTORICAL FILING PROCEDURES. ON JULY 12, 2024, THE FOUNDATION RECEIVED A NOTICE FROM THE IRS INDICATING THAT ELECTRONIC FILING WAS REQUIRED FOR THE 2023 RETURN. THIS WAS THE FIRST NOTIFICATION THE FOUNDATION RECEIVED REGARDING A CHANGE IN FILING REQUIREMENTS.UPON RECEIPT OF THE NOTICE, THE FOUNDATION PROMPTLY CONTACTED THE IRS FOR CLARIFICATION. THE IRS REPRESENTATIVE ADVISED THAT AN E-FILE WAIVER WOULD BE REQUIRED IN ORDER TO FILE BY PAPER. THE FOUNDATION SUBMITTED THE REQUESTED WAIVER ON AUGUST, 22 2024. THE IRS RESPONDED TO THE WAIVER REQUEST ON APRIL 7, 2025, BUT THE RESPONSE REFERENCED FORM 1120, WHICH IS NOT THE RETURN REQUIRED FOR PRIVATE FOUNDATIONS. THE FOUNDATION IS REQUIRED TO FILE FORM 990-PF. THE RESPONSE DID NOT CLARIFY THE FOUNDATION'S FILING OBLIGATIONS FOR FORM 990-PF.DUE TO THIS CONFUSION AND THE LACK OF CLEAR GUIDANCE, THE FOUNDATION DID NOT RECEIVE CONFIRMATION THAT ITS PAPER-FILED RETURN WAS ACCEPTED OR THAT ITS WAIVER WAS GRANTED. OUT OF AN ABUNDANCE OF CAUTION AND IN AN EFFORT TO COMPLY WITH IRS REQUIREMENTS, THE FOUNDATION IS NOW ELECTRONICALLY FILING ITS 2023 FORM 990-PF, AS SOON AS IT WAS ABLE TO RESOLVE THE CONFUSION AND ENSURE COMPLIANCE.DEMONSTRATION OF REASONABLE CAUSEWE RESPECTFULLY REQUEST ABATEMENT OF ANY LATE FILING PENALTIES ON THE FOLLOWING GROUNDS:1. ACTING IN A RESPONSIBLE MANNER: GRAND NATIONAL FOUNDATION, INC. HAS A LONG HISTORY OF TIMELY COMPLIANCE WITH ALL IRS FILING REQUIREMENTS, HAVING FILED EVERY FORM 990-PF SINCE 1972 WITHOUT INCIDENT. UPON RECEIVING THE IRS NOTICE REGARDING E-FILING, THE FOUNDATION IMMEDIATELY SOUGHT CLARIFICATION AND FOLLOWED THE INSTRUCTIONS PROVIDED BY THE IRS, INCLUDING SUBMITTING A WAIVER REQUEST AS DIRECTED. THE FOUNDATION CONTINUED TO ACT IN GOOD FAITH AND WITH DUE DILIGENCE TO RESOLVE THE CONFUSION REGARDING ITS FILING OBLIGATIONS.2. CIRCUMSTANCES BEYOND OUR CONTROL: THE LATE FILING WAS THE RESULT OF A CHANGE IN IRS PROCEDURES (THE NEW E-FILING MANDATE) AND SUBSEQUENT CONFUSION CAUSED BY CONFLICTING OR UNCLEAR IRS COMMUNICATIONS, INCLUDING A RESPONSE THAT REFERENCED THE WRONG FORM NUMBER. THE FOUNDATION WAS NOT PREVIOUSLY REQUIRED TO E-FILE AND HAD NO PRIOR NOTICE THAT ITS LONGSTANDING PAPER FILING PRACTICE WOULD NO LONGER BE ACCEPTED FOR THE 2023 TAX YEAR.3. PROMPT CORRECTIVE ACTION: AS SOON AS THE FOUNDATION WAS ABLE TO CONFIRM THE CORRECT FILING PROCEDURE, IT PREPARED AND SUBMITTED THE 2023 FORM 990-PF ELECTRONICALLY AT THE EARLIEST POSSIBLE OPPORTUNITY. THE FOUNDATION HAS IMPLEMENTED PROCEDURES TO ENSURE THAT ALL FUTURE RETURNS WILL BE FILED IN ACCORDANCE WITH CURRENT IRS REQUIREMENTS.4. SIGNIFICANT MITIGATING FACTORS: THIS IS THE FIRST TIME THE FOUNDATION HAS ENCOUNTERED A LATE FILING ISSUE IN OVER 50 YEARS OF OPERATION. THE FOUNDATION HAS A STRONG RECORD OF COMPLIANCE AND HAS NEVER PREVIOUSLY BEEN PENALIZED FOR LATE OR INCOMPLETE FILINGS.CONCLUSIONIN LIGHT OF THE ABOVE, WE RESPECTFULLY REQUEST THAT ANY LATE FILING PENALTIES ASSESSED FOR THE 2023 FORM 990-PF BE ABATED, AS THE FAILURE TO TIMELY FILE WAS DUE TO REASONABLE CAUSE AND NOT WILLFUL NEGLECT. THE FOUNDATION ACTED IN A RESPONSIBLE MANNER, THE DELAY WAS DUE TO CIRCUMSTANCES BEYOND ITS CONTROL, AND PROMPT ACTION WAS TAKEN TO CORRECT THE ISSUE ONCE IT WAS IDENTIFIED.THANK YOU FOR YOUR CONSIDERATION. FOREIGN TAX 116 116 0 0 DEPARTMENT OF TREASURY 390 390 0 0 DEPARTMENT OF JUSTICE 25 25 0 0