2025-03-26T06:46:00-05:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-01 831658063 The Karuna Charitable Fund % Foundation Source KARU 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 VISHAL SALUJA PRESIDENT 8008391754 2025-03-24 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X 838511 X 85422 6800 6800 18138 18138 45972 212322 122691 156332 147629 0 4979 7566 7566 7807 4 7803 20352 4 15369 0 0 20352 4 15369 135980 147625 239123 69415 69415 361239 676927 769096 10000 610362 746342 838511 0 0 X 610362 746342 610362 746342 610362 746342 610362 135980 746342 746342 Publicly-traded Securities 212322 89631 122691 122691 122691 2052 2052 2052 1200 0 1200 X 16 868 false false false false false false false true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington CT 198091377 false false false false true false false false false false false false false false false false false false false false false false Vishal Saluja Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec, Treas 1.0 0 0 0 595969 176532 0 772501 0 772501 11588 760913 38046 38046 2052 2052 35994 35994 35994 15369 0 0 0 0 15369 35994 12724 11083 12783 172133 208723 15369 15369 0 20625 20625 188098 0 188098 3182 12783 172133 Vishal Saluja X 14 6800 14 18138 18 45972 70910 70910 false false false false false false false false false false X X 1 Saluja Vishal 2655 Broadway Street San Francisco CA 94115 85422 X 1 CIGNA CORPORATION CI, 50 sh. 18222 2024-03-28 1 ABBVIE INC ABBV, 50 sh. 9822 2024-08-22 1 THE BLACKSTONE GROUP INC CL A BX, 150 sh. 20177 2024-08-22 1 JP MORGAN CHASE JPM, 50 sh. 11035 2024-08-28 1 JP MORGAN CHASE JPM, 50 sh. 11185 2024-08-30 1 THE BLACKSTONE GROUP INC CL A BX, 100 sh. 14981 2024-09-13 MOTOR NEURON DISEASE ASSOC (S ESSEX BR) 17 GOLDSWORTHY DRIVE GREAT WAKERING UK SS3 0AU 2021-06-09 25000 SUPPORTING THE NEEDS FOR PEOPLE LIVING WITH MND (ALS) IN THE SOUTH ESSEX AREA 700 NO 06/09/2022 THE FOUNDATION HAS NOT RECEIVED A FULL AND COMPLETE FINAL REPORT FROM THE GRANTEE; THEREFORE, THE FOUNDATION HAS BEEN UNABLE TO VERIFY A REPORT. FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY FORM 990-PF, PART VI-B, LINE 5D - EXPENDITURE RESPONSIBILITY GRANTEE: MOTOR NEURON DISEASE ASSOC (S ESSEX BR)(THE "GRANTEE") DATE OF GRANT: 06/09/2021 PURPOSE OF GRANT: SUPPORTING THE NEEDS FOR PEOPLE LIVING WITH MND (ALS) IN THE SOUTH ESSEX AREA REPORTS OF AMOUNTS EXPENDED AND DIVERSIONS: THE GRANTEE HAS SUBMITTED A REPORT DATED 06/09/2022. PER THE REPORT, THE GRANTEE SPENT $700. THE FOUNDATION HAS MADE NUMEROUS GOOD FAITH ATTEMPTS ON MULTIPLE DATES TO CONTACT THE GRANTEE AND REQUEST THE ANNUAL REPORT WITH RESPECT TO THE GRANT FUNDS, WHICH ATTEMPTS HAVE BEEN DOCUMENTED BY THE FOUNDATION, BUT HAS NOT BEEN ABLE TO OBTAIN SUCH REPORT. PER SECTION 53.4945-5(E)(2) OF THE TREASURY REGULATIONS, THE FAILURE OF GRANTEE TO SUBMIT THE ANNUAL REPORT WILL NOT RESULT IN A TAXABLE EXPENDITURE FOR THE FOUNDATION BECAUSE THE FOUNDATION (I) MADE THE GRANT IN ACCORDANCE WITH PARAGRAPH (B) OF SAID SECTION OF THE REGULATIONS, (II) HAS COMPLIED WITH THE REPORTING REQUIREMENTS CONTAINED IN PARAGRAPH (D) OF SAID SECTION OF THE REGULATIONS, (III) MADE A REASONABLE EFFORT TO OBTAIN THE REQUIRED REPORT, AND (IV) WILL WITHHOLD ALL FUTURE PAYMENTS ON ANY GRANT TO THIS GRANTEE UNTIL SUCH REPORT IS FURNISHED. ACCORDINGLY, THE FOUNDATION WILL NOT INCLUDE AN EXPENDITURE RESPONSIBILITY REPORT FOR THIS GRANT ON ITS FUTURE FORMS 990-PF. TO THE KNOWLEDGE OF THE FOUNDATION, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE GRANT WAS ORIGINALLY MADE. ANNALY CAPITAL MANAGEMENT INC 6420 7719 ARES COMMERCIAL REAL ESTATE CO 21538 8835 ARES DYNAMIC CR ALLOCATION FD 12314 15110 BAC CAPITAL TR X - 6.250% - 03 12459 12590 BANK OF AMERICA CORP - 7.250% 21631 18289 BAXTER INTERNATIONAL INC 6595 5832 BECTON DICKINSON & CO 46927 45374 BLACKSTONE MORTGAGE TRUST INC 26033 26115 BLACKSTONE SEC LENDING 10573 12924 CIGNA CORPORATION 33334 27614 CVS CAREMARK CORP 6552 4489 ELEVANCE HEALTH INC 20797 18445 HOLOGIC, INC 8346 8651 HSBC HOLDINGS PLC 8352 9892 INVESCO QQQ TRUST 29086 33230 JOHNSON & JOHNSON 19226 20247 LADDER CAPITAL CORP 22592 22380 LAM RESEARCH CORP 14602 14446 MCKESSON CORP 7588 8549 MEDTRONIC PLC 25114 23964 META PLATFORMS INC 5451 11710 MORGAN STANLEY 2194 6286 SPDR S&P 500 ETF TRUST 248022 335823 THE BLACKSTONE GROUP INC CL A 4051 8621 VANGUARD TOTAL STOCK MARKET ET 51387 57962 VERIZON COMMUNICATIONS 5743 3999 Administrative Fees 7778 7778 Bank Charges 4 4 State or Local Filing Fees 25 25 990-PF Estimated Tax for 2024 1200 990-PF Excise Tax for 2023 3779