2025-06-12T08:24:43-04:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-01 330795195 Capdevilla Gillespie Foundation % Foundation Source CAPD 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 WENDY GILLESPIE PRESIDENT 8008391754 2025-06-03 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X 516152 X 360278 101 101 3559 3559 16019 515005 41166 379957 44826 0 1665 1665 77 16 3953 3953 10339 1 10338 16034 1682 14291 84750 84750 100784 1682 99041 279173 43144 0 25140 26289 26289 142625 420649 489863 167765 446938 516152 0 0 X 167765 446938 167765 446938 167765 446938 167765 279173 446938 446938 Publicly-traded Securities 515005 473839 41166 41166 41166 600 600 600 0 600 600 X 0 false false false false false false true true true CA true false false 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 Kim Benson Foundation Source 501 Silverside Rd Wilmington DE 198091377 Sec 1.0 0 0 0 Wendy Gillespie Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres 1.0 0 0 0 Martha Phillips Foundation Source 501 Silverside Rd Wilmington DE 198091377 CFO 1.0 0 0 0 265921 19477 0 285398 0 285398 4281 281117 14056 14056 600 600 13456 13456 13456 99041 0 0 0 0 99041 13456 54291 52408 49121 65870 220221 441911 99041 13456 85585 527496 0 54291 473205 52408 49121 65870 220221 85585 Wendy Gillespie X CATALYST OF SAN DIEGO & IMPERIAL COUNTIES 5060 SHOREHAM PL STE 350 SAN DIEGO CA 92122 N/A PC General Fund and 2024 Annual Conference Sponsors 2250 KYOTO SYMPOSIUM ORGANIZATION PO BOX 261078 SAN DIEGO CA 92196 N/A PC Scholarship Fund for Tijuana Students 5000 MONTCLAIR STATE UNIVERSITY FOUNDATION INC ONE NORMAL AVE COLLEGE HALL 300 MONTCLAIR NJ 07043 N/A PC The Wendy Gillespie Scholarship Fund for the Arts 25000 NAMM FOUNDATION 5790 ARMADA DR CARLSBAD CA 92008 N/A SO I Access to Music Student Tour Program 10000 PACIFIC ARTS MOVEMENT 7675 DAGGET ST STE 360 SAN DIEGO CA 92111 N/A PC Reel Voices Program 5000 SAN DIEGO MUSEUM OF ART PO BOX 122107 SAN DIEGO CA 92112 N/A PC General & Unrestricted 5000 SPEED OF CHANGE INC 500 W HARBOR DR UNIT 915 SAN DIEGO CA 92101 N/A PC Charitable Event 7500 THEATRE & ARTS FOUNDATION OF SAN DIEGO COUNTY PO BOX 12039 LA JOLLA CA 92039 N/A PC POP Tour performance at the Linda Vista Recreation Center 5000 THEATRE & ARTS FOUNDATION OF SAN DIEGO COUNTY PO BOX 12039 LA JOLLA CA 92039 N/A PC Community Giving Circle 10000 UNIVERSITY OF SAN DIEGO 5998 ALCALA PARK SAN DIEGO CA 92110 N/A PC IDEA Program Sponsoring 10 Teams 10000 84750 14 101 14 3559 18 16019 19679 19679 false false false false false false false false false false X X 1 Gillespie Wendy 720 Golden Park Avenue San Diego CA 92106 360278 X 1 LINDE PLC COM LIN, 386 sh. 162010 2024-05-02 1 UBER UBER, 1625 sh. 98532 2024-12-26 1 ALPHABET INC CL A GOOGL, 510 sh. 99736 2024-12-26 3M CO 3883 3873 ALPHABET INC CL A 99736 96542 AMAZON COM 6093 10750 APOLLO GLOBAL MANAGEMENT, INC 3113 4790 APPLE INC 14900 19782 APPLOVIN CORP 1923 7124 ARES MANAGEMENT CORPORATION 4427 4426 ARISTA NETWORKS 776 884 AXON ENTERPRISE 360 594 BERKSHIRE HATHAWAY INC. CLASS 1232 1360 BLACKROCK ETF TRUST II FLEXIBL 7801 7803 BRIDGEBIO PHARMA INC 232 220 BROADCOM INC 4670 9274 CELLEBRITE DI LTD 1124 2071 CHEVRON CORP 1472 1304 CIPHER MINING INC 845 585 CONSTELLATION ENERGY GROUP INC 3594 4698 COSTCO WHOLESALE CORPORATION 6106 8246 CRINETICS PHARMACEUTICALS INC 816 1432 CROWDSTRIKE HOLDINGS, INC 888 1026 CURTISS WRIGHT CP 890 1065 CYBERARK SOFTWARE LTD 306 333 DECKERS OUTDOOR CORPORATION 1810 2437 DELL TECHNOLOGIES INC CLASS C 637 807 DYCOM INDS INC 1066 1218 EATON CORP PLC 3479 3651 ELI LILLY & CO 6659 8492 ENTERGY CORP 1901 2578 EQT CORPORATION 4550 4611 EQUINIX, INC 1622 1886 EVERQUOTE INC 203 160 FEDEX CORPORATION 4471 4501 FERRARI NV 335 425 FIRST CITIZENS BANCSHARES INC 1907 2113 GENERAL ELECTRIC CO 5714 6004 HOWMET AEROSPACE ORD SHS 1897 1859 HUNTINGTON BANCSHARES INC 3488 3791 INSMED INC COM DE 1132 1588 IREN 1951 2455 JP MORGAN CHASE 2341 3356 JPMORGAN NASDAQ EQUITY PREMIUM 1205 1410 KKR & CO INC 3438 3846 LIVE NATION INC COM 1553 1554 MASTERCARD INC 1600 1580 META PLATFORMS INC 4192 7612 MICROSOFT CORP 16533 21074 MICROSTRATEGY INCORPORATED 1315 1158 NATERA INC 157 158 NETFLIX INC 3635 5348 NEXTERA ENERGY, INC 877 1004 NOVOCURE LTD 714 715 NVIDIA CORP 9670 16249 ON HOLDING ORD SHS CLASS A 955 1260 ORACLE CORP 3592 3666 PALO ALTO NETWORKS INC 1941 2547 PARKER HANNIFIN CP 1219 1908 PROGRESSIVE CORP OHIO 1970 2156 QUANTA SVCS INC 2595 3793 ROYAL CARRIBEAN CRUISE 563 923 SALESFORCE.COM 4641 5015 SERVICE NOW 1225 2120 SHOPIFY INC 798 1276 SNOWFLAKE INC 3183 3706 SPOTIFY TECHNOLOGY SA 2897 4474 STRYKER CORPORATION 698 720 SWEETGREEN INC CL A 468 577 TAIWAN SEMICONDUCTOR MFG CO LT 4308 5727 TALEN ENERGY CORP 1636 1813 TARGA RESOURCES CORP 2511 3570 TESLA MOTORS INC 3993 6058 TG THERAPEUTICS INC 1933 2258 TJX COMPANIES INC 91 121 TOAST INC 1653 2661 UBER 103962 107731 UNITED RENTALS INC 3224 3522 VERTIV CL A 1038 1136 VISA INC 2233 3160 VISTRA ENERGY CORP 4469 6480 WAL-MART STORES INC 2682 4066 WELLS FARGO & CO 3874 4285 XPO LOGISTICS INC 1058 1312 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 $84,750. This amount represents 25% or more of the Foundation's net assets of $192,065 (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. Administrative Fees 10313 10313 Bank Charges 1 1 State or Local Filing Fees 25 25 Investment Management Services 1665 1665 We respectfully request that Capdevilla Gillespie Foundation's quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $2 penalty indicated on Form 2220 be abated because the underpayment in Q3 and Q4 was due to reasonable cause. Treasury Regulations Sec 301.6651-1(c)(1) defines reasonable 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 calculate its quarterly estimates for tax period ending December 31, 2024. The firm's software correctly determined that the foundation could pay its Q3 and Q4 estimate based on prior year tax liability. However, since that liability was under $500, the software incorrectly indicated that no quarterly payment was due. As soon as the error was discovered, the foundation paid the required tax. We believe that the underpayment was due to reasonable cause and in no way due to an intentional disregard for the rules and respectfully request that no 2220 penalty be assessed. 990-PF Excise Tax for 2023 61 Foreign Tax Paid 16 16