2025-11-17T16:10:44-05:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-01 874133600 The Makumbe Foundation % Foundation Source MAKU 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 PARDON MAKUMBE PRESIDENT 8008391754 2025-11-17 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X X 47814 X 25000 777 777 527 527 3906 40465 3906 30210 5210 0 11063 0 0 11063 297 297 3828 10796 615 10181 25984 912 0 21244 82600 82600 108584 912 0 103844 -78374 4298 0 76001 588 588 90979 11381 12411 75581 34815 166980 87550 47814 11243 11243 0 X 155737 87550 155737 87550 166980 87550 155737 -78374 10187 87550 87550 Publicly-traded Securities 40465 36559 3906 3906 60 60 60 0 1000 1000 940 940 false false false false false false true true true DE NJ 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 Pardon Makumbe Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres 1.0 0 0 0 Pedzisai Makumbe Foundation Source 501 Silverside Rd Wilmington DE 198091377 Treas 1.0 0 0 0 Akosua Nti Foundation Source 501 Silverside Rd Wilmington DE 198091377 Sec 1.0 0 0 0 27481 13714 34815 76010 0 76010 1140 74870 3744 3744 60 60 3684 3684 3684 103844 0 0 0 0 103844 3684 24001 76126 100127 103844 3684 100160 200287 0 200287 24001 76126 100160 Pardon Makumbe X AFRICAN LEADERSHIP FOUNDATION PO BOX 7408 NEW YORK NY 10150 N/A PC General & Unrestricted 30000 BRITISH SCHOOLS AND UNIVERSITIES FOUNDATION INC 641 LEXINGTON AVE 15TH FL NEW YORK NY 10022 N/A PC General & Unrestricted 52600 82600 14 777 14 527 18 3906 5210 5210 false false false false false false false false false false X X 1 CRE Venture Capital Inc 852 FRANKLIN AVENUE 512 FRANKLIN LAKES NJ 07417 25000 X FRANKLIN U.S. LARGE CAP MULTIF 1174 1349 GOLDMAN SACHS ACTIVEBETA US LA 1983 2303 HARTFORD MULTIFACTOR DEVELOPED 1385 1449 ISHARES RUSSELL 2000 GROWTH IN 261 288 ISHARES TRUST RUSSELL 1000 VAL 1692 1851 JPMORGAN DIVERSIFIED RETURN US 436 468 JPMORGAN US VALUE FACTOR ETF 513 562 OPPENHEIMER RUSSELL 1000 DYNAM 1077 1139 PACER US CASH COWS 100 ETF 637 678 VANGUARD FTSE EMERGING MARKETS 658 705 VANGUARD SM-CAP ETF 218 240 WISDOMTREE EMERGING MARKETS 602 640 WISDOMTREE INTERNATIONAL HDGD 745 739 MADIBA 6-2 LLC 75581 34815 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 $82,600. This amount represents 25% or more of the Foundation's net assets of $166,980 (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. General Consultations 11063 11063 Administrative Fees 5681 5681 Administrative Set-Up Fee 4500 4500 Bank Charges 386 386 K-1 Exp MADIBA 6-2 LLC (4612) 229 229 PRIOR PERIOD ADJUSTMENT 10187 Investment Management Services 297 297 990-PF Excise Tax for 2022 3824 990-PF EXCISE TAX FOR 2023 4