2026-04-03T09:50:31-05:00 2025-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2025-01-01 475266096 The Margaret Ellen Nielsen Foundation % Foundation Source MARG 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Steven Nielsen President 8008391754 2026-04-01 true Jeffrey D Haskell P01345770 8008391754 2025 2025-03-06 01:10:19Z X 41447806 X 13172019 271840 271840 802361 802361 3081982 32734529 16774260 17328202 17848461 0 97891 97891 248436 35708 60 35648 382035 97951 35648 802500 802500 1184535 97951 838148 16143667 17750510 0 13559922 487321 487321 1497702 11315797 11684455 4942455 18129383 21265291 1535335 7746580 8010739 21535414 37679081 41447806 0 0 X 21535414 37679081 21535414 37679081 21535414 37679081 21535414 16143667 37679081 37679081 Publicly-traded Securities 32734529 15960269 16774260 16774260 16774260 246732 246732 246732 246100 0 246100 X 0 632 0 false false false false false false false true true DE true false false false true 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 Elizabeth Nielsen Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Sec, Treas 1.0 0 0 0 Steven Nielsen Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres, Dir 1.0 0 0 0 Cresset Capital 1900 Reston Metro Plaza Suite 900 Reston VA 20190 Investment Mgmt 97891 34803074 5054170 0 39857244 0 39857244 597859 39259385 1962969 1962969 246732 246732 1716237 1716237 1716237 838148 0 0 0 0 838148 1716237 814815 2023 2022 2021 838148 814815 23333 0 0 1692904 0 0 Elizabeth Nielsen Steven Nielsen X FIDELITY INVESTMENTS CHARITABLE GIFT FUND PO BOX 770001 CINCINNATI OH 45277 N/A PC Steven E. and Elizabeth T. Nielsen Gift Fund 250000 HEIFER PROJECT INTERNATIONAL PO BOX 8058 LITTLE ROCK AR 72203 N/A PC Women's Giving Circle 10000 HUCKLEBERRY SPRINGS CHURCH 1716 HUCKLEBERRY SPRINGS RD KNOXVILLE TN 37914 N/A PC General & Unrestricted 10000 INTERNATIONAL FELLOWSHIP OF EVANGELICAL STUDENTS U PO BOX 46007 MADISON WI 53744 N/A PC General & Unrestricted 5000 INTERVARSITY CHRISTIAN FELLOWSHIP- USA PO BOX 7895 MADISON WI 53707 N/A PC Intervarsity Christian Fellowship Program at Valencia College 2500 INTERVARSITY CHRISTIAN FELLOWSHIP- USA PO BOX 7895 MADISON WI 53707 N/A PC Forming Faithful Leaders Campaign 65000 INTERVARSITY CHRISTIAN FELLOWSHIP- USA PO BOX 7895 MADISON WI 53707 N/A PC Intravarsity Christian Fellowship's Donor engagement function 15000 LEVER INC 85 MAIN ST STE 218 NORTH ADAMS MA 01247 N/A PC General & Unrestricted 50000 SIM USA INCORPORATED 14830 CHOATE CIR CHARLOTTE NC 28273 N/A PC Support for the African Strategic Discipleship Movement 25000 SOUTHWICK CIVIC FUND INC 258 FEEDING HILLS RD SOUTHWICK MA 01077 N/A PC Richard Atkinson Fund 25000 URBAN YOUTH IMPACT INC PO BOX 222592 WEST PALM BCH FL 33422 N/A PC Carver Christian Academy of Urban Youth Impact 50000 URBAN YOUTH IMPACT INC PO BOX 222592 WEST PALM BCH FL 33422 N/A PC Complete the Campus 125000 WILLIAMS COLLEGE 75 PARK ST WILLIAMSTOWN MA 01267 N/A PC Alumni Fund 150000 YOUTH VOLUNTEER CORPS 1025 JEFFERSON ST KANSAS CITY MO 64105 N/A PC General & Unrestricted 20000 802500 14 271840 14 802361 18 3081982 4156183 4156183 false false false false false false false false false false X X 1 Nielsen Steven 806 Lakeside Drive North Palm Beach FL 33408 13172019 X X 1 DYCOM INDS INC DY, 4000 sh. 761160 2025-01-17 1 DYCOM INDS INC DY, 53535 sh. 9710847 2025-01-28 1 DYCOM INDS INC DY, 7689 sh. 1221149 2025-03-20 1 DYCOM INDS INC DY, 3522 sh. 567623 2025-03-24 1 DYCOM INDS INC DY, 5600 sh. 891240 2025-03-26 AIR LEASE CORP SER A MTN CALL 157257 161576 ALEXANDRIA REAL ESTATE - 4.900 156450 160235 AMERICAN HONDA - 4.900% - 07/0 143942 144949 AMGEN INC - 5.250% - 03/02/203 27413 29071 APPLIED MATLS INC - 1.750% - 0 51571 57951 ARES CAPITAL CORP - 7.000% - 0 156883 155761 AUTOZONE INC - 5.400% - 07/15/ 49475 51816 AUTOZONE INC - 6.550% - 11/01/ 54750 55654 AVALONBAY CMNTYS INCBE MTN BON 154714 157753 BANK AMER CORP MEDIUM - 3.974% 52427 57711 BHP BILLITON LIMITED - 4.875% 156674 156173 BK OF AMERICA CORP MTN CALL MA 157535 166360 BLACKROCK FUNDING - 5.000% - 0 158940 164411 BLACKROCK INC NOTE CALL MAKE W 53013 60112 BOEING CO NOTE CALL MAKE WHOLE 51720 55894 BP CAP MKTS AMERICA INC - 4.97 154581 157543 BRISTOL-MYERS SQUIBB - 3.400% 52821 56933 BROADCOM INC - 5.200% - 04/15/ 157174 162039 CAPITAL ONE FINL CORP NOTE - 3 156459 160404 CIGNA CORP NEW SER C NOTE - 3. 52446 55652 CITIGROUP INC - 4.412% - 03/31 52612 58033 CITIGROUP INC NOTE - 3.668% - 156701 159996 CNH INDUSTRIAL CAPOTAL LLC - 5 156204 157929 COMCAST CORP - 2.650% - 02/01/ 52702 58550 CVS HEALTH CORP - 5.400% - 06/ 154663 158563 D R HORTON INC SR - 5.000% - 1 155017 162195 DARDEN RESTAURANTS - 4.350% - 143590 145696 DOMINION ENERGY INC SER 2021 A 156905 156822 DUKE ENERGY CORP - 4.500% - 08 158239 164700 ENBRIDGE INC MTN CDS- NOTE - 5 159856 165625 ENERGY TRANSFER LP - 6.550% - 52779 57088 EQUINOR ASA - 3.125% - 04/06/2 157045 162945 EVERSOURCE ENERGY - 1.650% - 0 157785 166078 FIFTH THIRD BANCORP NOTE CALL 154274 155031 GLAXOSMITHKLINE - 5.375% - 04/ 155333 159814 GOLDMAN SACHS GROUP INC - 2.61 51867 60235 HP INC - 6.100% - 04/25/2035 153096 152477 JOHN DEER CAPITAL - 4.700% - 0 155312 158914 JPMORGAN CHASE & CO - 5.290% - 155252 155007 JPMORGAN CHASE & CO - 5.400% - 100165 100453 KEYCORP - 4.100% - 04/30/2028 154890 159124 LOWES COS INC - 3.100% - 05/03 45417 48462 MERCK & CO - 2.150% - 12/10/20 155179 164052 MICROSOFT CORP NOTE - 3.500% - 157611 162417 MORGAN STANLEY SER I MTN - 6.3 155574 160200 MPLX LP - 4.125% - 03/01/2027 51248 54025 NATIONAL RURAL - 5.000% - 02/0 156898 160234 NATIONAL RURAL UTIL SCOOP FIN 52804 59792 ORACLE CORP 4.30% 07/08/2034 45676 45294 ORACLE CORP 4.90% 02/06/2033 51929 54068 PROGRESSIVE CORP NOTE - 3.000% 158466 165604 PUBLIC SVC ELEC & GASCO SER P 155694 159652 QUALCOMM INC NOTE - 4.250% - 0 52122 56022 RAYTHEON TECHNOLOGIES - 3.500% 52297 55734 ROYAL BANK CDA - 5.450% - 05/1 49879 50089 ROYAL BK - 6.000% - 11/01/2027 52603 53993 SAN DIEGO GAS & ELEC CO - 4.95 52791 55361 SEMPRA NOTE CALL - 5.500% - 08 46972 47087 SMUCKER J M CO - 5.900% - 11/1 51958 54502 T MOBILE USA INC - 3.500% - 04 52569 59344 TORONTO DOMINION BANK SER C - 157311 159068 TOTALENERGIES CAP SA - 4.720% 159430 165720 TOYOTA MOTOR CREDIT CORP - 4.5 157956 161751 TOYOTA MTR CR CORP SER B MTN - 51703 56476 UNITED HEALTH GROUP - 4.900% - 154350 158269 UNITED PARCEL SERVICE - 3.400% 51519 55201 VERIZON COMMUNICATIONS INC - 2 53116 60361 WELLS FARGO CO - 4.100% - 06/0 51436 54006 WESTPAC BANKING CORP - 5.620% 152813 153134 WILLIS NORTH AMER - 5.350% - 0 156996 162222 ZOETIS INC - 5.600% - 11/16/20 51731 55326 AVANTIS EMERGING MKTS EQUITY 1204990 1367413 AVANTIS INTERNATIONAL EQUITY E 2514269 2835430 AVANTIS US EQUITY ETF 9727750 10643021 AVANTIS US SMALL CAP VALUE ETF 1295605 1391517 DFA DIMENSIONAL INTERNATIONAL 651087 856370 DFA U S CORE EQUITY 1 PORTFOLI 2435748 3773404 DIMENSIONAL ETF TRUST EMGR 299934 398136 11315797 11684455 Administrative Fees 35550 35550 Bank Charges 60 60 Postage/Delivery Service 73 73 State or Local Filing Fees 25 25 Investment Management Services 97891 97891 990-PF Estimated Tax for 2025 246100 990-PF Excise Tax for 2024 2336