2026-07-30T12:57:13-05:00 2025-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2025-01-02 332624585 The Severin Hacker Foundation % Foundation Source SEVE 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Philip Bartels Treasurer 8008391754 2026-07-18 true Jeffrey D Haskell P01345770 8008391754 2025 2025-03-06 01:10:19Z X X 9135273 X 24508410 71 71 2576 2576 -3264585 2301873 2175514 21246472 2178161 5000 5000 27885 27885 10987 10987 10729 729 10000 2500 15006 32 14974 72107 5761 63846 10000 10000 82107 5761 73846 21164365 2172400 0 2026200 2026200 19130342 7101250 7823 7823 0 21164365 9135273 0 0 X 21164365 0 21164365 0 21164365 0 21164365 21164365 21164365 Publicly-traded Securities 2301873 126359 2175514 2175514 2175514 30196 30196 30196 2500 0 100 2600 X 0 27596 0 false false false false false false true true true DE true false true 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 Philip Bartels Foundation Source 501 Silverside Rd Wilmington DE 198091377 Treas 1.0 5000 0 0 Severin Hacker Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec, Treas 1.0 0 0 0 7684652 97775 0 7782427 0 7782427 116736 7665691 382234 382234 30196 30196 352038 352038 352038 73846 0 7823 0 0 81669 352038 2023 2022 2021 81669 81669 0 0 270369 0 0 Severin Hacker X NETA FOUNDATION INC 2248 BROADWAY 1702 NEW YORK NY 10024 N/A PC General & Unrestricted 10000 10000 14 71 14 2576 18 -3264585 -3261938 -3261938 false false false false false false false false false false X X 1 Hacker Severin 155 W 18th St PH3 New York NY 10011 24508410 X X 1 NVIDIA CORP NVDA, 756 sh. 87525 2025-03-26 1 META PLATFORMS INC META, 23 sh. 14184 2025-03-26 1 DUOLINGO DUOL, 40000 sh. 21023668 2025-06-06 1 DUOLINGO DUOL, 10000 sh. 3281669 2025-08-15 1 NVIDIA CORP NVDA, 294 sh. 51944 2025-09-15 1 BROADCOM INC AVGO, 130 sh. 46920 2025-09-15 DUOLINGO 19049418 7020001 INVESCO KBW BANK 710 759 ISHARES 0-3 MONTH TREASURY 805 803 ISHARES BARCLAYS MBS BOND FUND 15693 15712 ISHARES BROAD USD INV GRD CORP 32655 32357 ISHARES CORE MSCI EAFE ETF 2356 2415 ISHARES GLOBAL TECH 202 210 ISHARES GOLD TR 1372 1623 SPDR BARCLAYS 1 TO 10 YEAR TIP 3364 3320 SPDR PORTFOLIO LONG TERM TREAS 1668 1641 TECHNOLOGY SPDR 375 576 VANGARD RUSSELL 1000 GROWTH 2762 2800 VANGUARD GOVT BOND ETF INTERME 9138 9109 VANGUARD MID-CAP ETF 1459 1451 VANGUARD RUSSELL 1000 VALUE ET 2773 2861 VANGUARD RUSSELL 2000 ETF 787 796 VANGUARD SHOR-TERM GOV BOND 4117 4111 VANGUARD TOTAL WORLD STK INDEX 688 705 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: Typically, a finding of a substantial contraction of assets is made by reference to the fair market value of a foundation's net assets on the first day of its calendar year. However, the taxable year ending December 31, 2025 was the year in which the Foundation received its initial endowment and the finding of a substantial contraction in this case was made by reference to the fair market value of the Foundation's assets on the date that it received its initial endowment. Accordingly, the degree of contraction of the Foundation's net assets may have been exaggerated. During the taxable year ending December 31, 2025, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $10,000. This amount represents 25% or more of the Foundation's net assets of $2,500 (as measured by fair market value) on the day that the Foundation received its initial endowment in the Foundation's taxable year ending December 31, 2025. 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. SEVERIN HACKER DOMAIN 7823 7823 Administrative Fees 6930 6930 Administrative Set-Up Fee 5900 5900 Bank Charges 32 32 Delaware Incorporation Fees 500 500 IRS Application Fees 600 600 Payroll Processing Fees 1044 1044 Investment Management Services 729 729 Website Development 10000 10000 Hacker Severin 155 W 18th St PH3 New York NY 10011 990-PF Estimated Tax for 2025 2500