2025-10-23T06:38:23-05:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-01 453824300 Seek Ye First Foundation % Foundation Source SEEK 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Brad Halbach President 8008391754 2025-10-16 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X 1106438 X 0 X 387 387 26801 26801 69708 4266247 69708 2447 204 99343 97100 0 12040 12040 342 327 9558 185 9371 21940 12552 9371 61000 61000 82940 12552 70371 16403 84548 0 10639 170095 170095 158733 159039 1055015 753229 777304 1065654 1082057 1106438 0 0 X 1065654 1082057 1065654 1082057 1065654 1082057 1065654 16403 1082057 1082057 Publicly-traded Securities 4266247 4200879 65368 65368 Passthrough K1 Capital Gain/(Loss) 6090 Sec 751 Gain on Sale of Ptshp Reclass -1750 69708 1175 1175 1175 0 1200 1200 X 0 25 25 false false false false false true true false true true DE 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 Brad Halbach Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres, Dir, Sec 1.0 0 0 0 989881 88421 0 1078302 0 1078302 16175 1062127 53106 53106 1175 1175 51931 51931 51931 70371 0 0 0 0 70371 51931 8038 70371 8038 51931 10402 10402 0 10402 10402 Brad Halbach X ACRES OF DIAMONDS PO BOX 1672 DUVALL WA 98019 N/A PC General & Unrestricted 38000 ANTIOCH ADOPTIONS 8271 154TH AVE NE STE 100 REDMOND WA 98052 N/A PC General & Unrestricted 5000 RECOVERY BEYOND 1505 NW GILMAN BLVD STE 2 ISSAQUAH WA 98027 N/A PC General & Unrestricted 5000 YOUTH DYNAMICS PO BOX 486 BURLINGTON WA 98233 N/A PC General & Unrestricted 8000 YOUTH WITH A MISSION SAN DIEGO-BAJA 1101 BAY BLVD STE C CHULA VISTA CA 91911 N/A PC Mission Adventure & Homes of Hope fund 5000 61000 14 387 14 26801 18 69708 K-1 Inc/Loss 525990 -902 14 204 Federal Tax Refund 01 1395 Sec 751 Gain on Sale of Ptshp 525990 1750 848 98495 99343 false false false false false false false false false false Form 990-PF Form 990-PF One or more partnerships have provided a Schedule K-3 for the tax year in which they have checked one or more of the boxes in Part I but not provided sufficient back-up information to allow the Foundation to verify why such boxes were checked or the extent to which the checking of such boxes affects any item on this return. The Foundation has prepared this return to the best of its ability and without any foreign filings for such partnerships based on the information provided to it by these partnerships and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information. A-MARK PRECIOUS METALS INC 4265 4137 ABERDEEN STD PHYSICAL PLATINUM 12428 10963 AGNICO EAGLE MINES LTD 8142 8916 ALAMOS GOLD INC 10767 12429 ALPHABET INC CL C 38645 42278 AMAZON COM 4970 5265 AOIFF 9066 6965 ASTERA LABS, INC 2398 3311 AXON ENTERPRISE 1929 2972 BARCLAYS BANK PLC IPATH S&P 50 13016 13328 BROADCOM INC 6744 6955 CAMECO CORPORATION 17730 21019 CLOUDFLARE, INC. 4811 6245 CREDO TECHNOLOGY GROUP HOLDLIN 3252 3092 DAKOTA GOLD CORP 765 766 DIREXION DAILY PLTR BEA 1X SH 3148 3152 EMQQ THE EMERGING MARKETS INTE 16548 15171 ENTERGY CORP 5263 5156 EQT CORPORATION 9430 13187 ETFS PHYSICAL PALLADIUM SHARES 20722 18959 FLEX LNG ORD SHS 9972 10254 FORTINET INC 5799 5952 GARMIN LTD 6353 6394 GRANITESHARES 2X SHORT NVDA DA 16336 14935 HECLA MINING CO 8267 6074 HOWMET AEROSPACE ORD SHS 6294 7765 I-80 GOLD CORP 13498 8554 INTERDIGITAL COMMUNICATIONS CO 4464 6005 INTUITIVE SURGICAL 6254 6264 ISHARES 0-3 MONTH TREASURY 131549 131318 ISHARES EMERGING MARKETS DIVID 32763 29756 ISHARES SILVER TRUST 16495 16483 LULULEMON ATHLETICA INC 13634 21797 MARVELL TECHNOLOGY, INC 4608 4308 MORGAN STANLEY 6095 6412 NATERA INC 5788 5857 NETFLIX INC 6111 7131 NEXGEN ENERGY LTD 6235 6838 PALANTIR TECHNOLOGIES INC 1278 1891 PAYPAL HOLDINGS, INC 14733 19460 PEYTO EXPL & DEVELOPMENT CORP 9720 9917 PLATINUM GROUP METALS 4389 3249 PROSHARES UTLRASHORT QQQ 6393 6440 RANGE NUCLEAR RENAISSANCE INDE 8254 8839 REDDIT, INC 1161 1634 RUBRIK, INC. 4072 4118 SALESFORCE.COM 6485 6018 SEA LTD 10298 12414 SERVICE NOW 2716 3180 SIBANYE STILLWATER 10317 7425 SMI 3FOURTEEN FULL CLE TRND ET 63481 62932 SPOTIFY TECHNOLOGY SA 4674 4474 SPROUTS FARMERS MARKET INC 13189 16773 SUNCOR ENERGY INC 18630 17126 T-REX 2X INVERSE MSTR DAILY TA 4325 5618 TAIWAN SEMICONDUCTOR MFG CO LT 29709 33771 TECK RESOURCES LIMITED 13090 11024 WAL-MART STORES INC 6375 7770 WILLIAMS SONOMA INC 6301 6666 ZIG 19085 20202 158733 159039 Administrative Fees 9346 9346 Bank Charges 129 129 K-1 Exp ENTERPRISE PRODUCTS PA 2 K-1 Exp PROSHARES ULTRA BLOOMB 56 56 State or Local Filing Fees 25 25 K-1 Inc/Loss ENTERPRISE PRODUCTS PARTNERS LP -911 -9 K-1 Inc/Loss PROSHARES ULTRA BLOOMBERG CRUDE OIL 213 213 Federal Tax Refund 1395 Sec 751 Gain on Sale ENTERPRISE PRODUCTS PARTNERS 1750 Investment Management Services 12040 12040 We respectfully request that Seek Ye First Foundation's quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $11 penalty indicated on Form 2220 be abated because the underpayment in Q1 and Q2 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 Q1 and Q2 estimates 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 15 Foreign Tax Paid 327 327