2025-06-05T14:32:19-05:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-03 990485242 Norman R & L Racheal Gangestad Davis Foundation % Foundation Source NORM 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 anthony anderson president 8008391754 2025-05-30 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X X 6383713 X 6424793 9498 9498 42073 42073 147720 2426746 56448 6624084 108019 0 10774 10774 74 74 22459 15 22444 33307 10863 22444 7250 7250 40557 10863 29694 6583527 97156 0 1564872 1564872 5018655 4818841 0 6583527 6383713 0 0 X 6583527 0 6583527 0 6583527 0 6583527 6583527 6583527 Publicly-traded Securities 2426746 2370298 56448 56448 56448 1350 1350 1350 0 0 X 0 1350 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 false false false false false false false false false false false false false false false false false Anthony William Anderson Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec, Treas 1.0 0 0 0 Leonore R Davis Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec, Treas 1.0 0 0 0 1134565 410722 0 1545287 0 1545287 23179 1522108 75690 75690 1350 1350 74340 74340 74340 29694 0 0 0 0 29694 74340 29694 29694 0 0 44646 0 0 Leonore R Davis X AMERICAN CANCER SOCIETY 6525 N MERIDIAN AVE STE 110 OKLAHOMA CITY OK 73116 N/A PC General & Unrestricted 1000 AMERICAN HEART ASSOCIATION INC PO BOX 840692 DALLAS TX 75284 N/A PC General & Unrestricted 1000 CEDAR RAPIDS PUBLIC LIBRARY FOUNDATION 450 5TH AVE SE CEDAR RAPIDS IA 52401 N/A PC General & Unrestricted 200 FIRST LUTHERAN CHURCH 1000 3RD AVE SE CEDAR RAPIDS IA 52403 N/A PC General & Unrestricted 200 INTERNATIONAL RESCUE COMMITTEE INC PO BOX 6068 ALBERT LEA MN 56007 N/A PC General & Unrestricted 1000 IOWA PBS FOUNDATION PO BOX 6400 JOHNSTON IA 50131 N/A PC General & Unrestricted 100 MEDECINS SANS FRONTIERES USA INC 40 RECTOR ST 16TH FL NEW YORK NY 10006 N/A PC General & Unrestricted 1000 MERCY MEDICAL CENTER 701 10TH ST SE CEDAR RAPIDS IA 52403 N/A PC General & Unrestricted 250 ST JUDE CHILDRENS RESEARCH HOSPITAL INC 501 ST JUDE PL MEMPHIS TN 38105 N/A PC General & Unrestricted 250 ST OLAF LUTHERAN CHURCH PO BOX 2 BODE IA 50519 N/A PC General & Unrestricted 200 THE CATHERINE MCAULEY CENTER INC 1220 5TH SE AVE CEDAR RAPIDS IA 52403 N/A PC General & Unrestricted 500 THE SALVATION ARMY 440 W NYACK ROAD WEST NYACK NY 10994 N/A PC General & Unrestricted 250 UNITED STATES FUND FOR UNICEF 125 MAIDEN LN 10TH FLR NEW YORK NY 10038 N/A PC General & Unrestricted 1000 VESTERHEIM NORWEGIAN AMERICAN MUSEUM 523 W WATER ST DECORAH IA 52101 N/A PC General & Unrestricted 200 WARTBURG COLLEGE 100 WARTBURG BLVD WAVERLY IA 50677 N/A PC General & Unrestricted 100 7250 14 9498 14 42073 18 147720 199291 199291 false false false false false false false false false false X X 1 Davis Leonore R 2131 1st Avenue SE No-308 Cedar Rapids IL 52402 6424793 X X 1 SCHLUMBERGER LTD SLB, 1826 sh. 79741 2024-10-17 1 PFIZER INC PFE, 300 sh. 8813 2024-10-17 1 INTEL CORP INTC, 1210 sh. 27358 2024-10-17 1 CENCORA INC COR, 600 sh. 141084 2024-10-17 1 BAXTER INTERNATIONAL INC BAX, 193 sh. 7045 2024-10-17 1 CATERPILLAR INC CAT, 200 sh. 79028 2024-10-17 1 PROCTER GAMBLE CO PG, 300 sh. 51816 2024-10-17 1 ALLSTATE CORP ALL, 200 sh. 39238 2024-10-17 1 LABCORP HLDGS INC (LABORATORY CORP AMER LH, 200 sh. 43134 2024-10-17 1 MCKESSON CORP MCK, 200 sh. 101806 2024-10-17 1 QUEST DIAGNOSTICS DGX, 100 sh. 14946 2024-10-17 1 GOLDMAN SACHS GROUP GS, 50 sh. 26588 2024-10-17 1 BECTON DICKINSON & CO BDX, 250 sh. 60006 2024-10-17 1 NORTHROP GRUMMAN CORP NOC, 192 sh. 100949 2024-10-17 1 INTERPUBLIC GROUP OF COS IPG, 2882 sh. 91993 2024-10-17 1 LOWES COMPANIES INC LOW, 400 sh. 113250 2024-10-17 1 CANADIAN PACIFIC RAILWAY LTD CP, 1000 sh. 81475 2024-10-17 1 BERKSHIRE HATHAWAY INC. CLASS B BRK-B, 250 sh. 116514 2024-10-17 1 BRISTOL-MYERS SQUIBB CO BMY, 551 sh. 29316 2024-10-17 1 FEDEX CORPORATION FDX, 390 sh. 106413 2024-10-17 1 CVS CAREMARK CORP CVS, 501 sh. 31668 2024-10-17 1 EASTMAN CHEMICAL CO EMN, 746 sh. 81131 2024-10-17 1 BIOGEN INC BIIB, 50 sh. 9447 2024-10-17 1 THE JM SMUCKER COMPANY SJM, 495 sh. 59764 2024-10-17 1 OAKMARK INTERNATIONAL FUND CL I OAKIX, 5816.452 sh. 157917 2024-10-17 1 MOLSON COOR BREW CO CL B TAP, 795 sh. 44522 2024-10-17 1 CANADIAN NATL RAILWAY CO CNI, 500 sh. 57366 2024-10-17 1 TRACTOR SUPPLY CO COM TSCO, 800 sh. 241148 2024-10-17 1 OSHKOSH CORP OSK, 400 sh. 42332 2024-10-17 1 UNIVERSAL HLTH SVC B UHS, 200 sh. 47181 2024-10-17 1 IVY LARGE CAP GROWTH FUND (A ) WLGAX, 8584.517 sh. 114775 2024-10-17 1 PHILLIPS 66 PSX, 903 sh. 120124 2024-10-17 1 AKRE FOCUS INSTITUTIONAL AKRIX, 3124.272 sh. 226072 2024-10-17 1 ZIMMER BIOMET HOLDINGS ZBH, 459 sh. 48234 2024-10-17 1 SMEAD VALUE FUND CLASS I1 SVFFX, 4466.053 sh. 385912 2024-10-17 1 CHUBB LIMITED CB, 240 sh. 71715 2024-10-17 1 PARNASSUS ENDEAVOR FUND INSTITUTIONAL S PFPWX, 7400.978 sh. 431107 2024-10-17 1 PARNASSUS MID CAP FUND INVESTOR CLASS PARMX, 2449.827 sh. 106200 2024-10-17 1 VIATRIS ORD SHS VTRS, 37 sh. 434 2024-10-17 1 FMI COMMON STOCK FUND INSTITUTIONAL FMIUX, 2866.641 sh. 112114 2024-10-17 1 MADISON MID CAP FUND CL Y GTSGX, 5802.378 sh. 103282 2024-10-17 1 PARAMOUNT GLOBAL ORD SHS CLASS B PARA, 1259 sh. 13094 2024-10-17 1 ZIMVIE ORD SHS ZIMV, 45 sh. 666 2024-10-17 1 EMBECTA CORP EMBC, 50 sh. 680 2024-10-17 1 SRH TOTAL RETURN FUND INC STEW, 10204.414 sh. 154957 2024-10-17 1 FORTREA HOLDINGS INC FTRE, 200 sh. 3886 2024-10-17 1 VICTORY SYCAMORE ESTABLISHED VAL Y VEVYX, 2491.078 sh. 131977 2024-10-17 1 MADISON MID CAP FUND CL Y GTSGX, 1356.673 sh. 24162 2024-10-18 1 MADISON MID CAP FUND CL Y GTSGX, 1407.644 sh. 25014 2024-11-15 1 FMI COMMON STOCK FUND INSTITUTIONAL FMIUX, 693.813 sh. 26885 2024-11-15 1 SMEAD VALUE FUND CLASS I1 SVFFX, 801.246 sh. 67128 2024-11-15 1 AKRE FOCUS INSTITUTIONAL AKRIX, 808.44 sh. 57658 2024-11-15 1 ROYCE FUNDS RYSEX, 1155.069 sh. 20814 2024-11-15 AKRE FOCUS INSTITUTIONAL 268131 251378 ALLSTATE CORP 39238 38558 BAXTER INTERNATIONAL INC 7045 5628 BERKSHIRE HATHAWAY INC. CLASS 116514 113320 BIOGEN INC 9447 7646 BLACKROCK ALL CAP GLOBAL RESOU 322484 332460 BRISTOL-MYERS SQUIBB CO 29316 31165 CANADIAN NATL RAILWAY CO 57587 50976 CATERPILLAR INC 79310 72820 CHUBB LIMITED 71715 66312 CVS CAREMARK CORP 32001 22755 EASTMAN CHEMICAL CO 81131 68125 FEDEX CORPORATION 106413 109719 FMI COMMON STOCK FUND INSTITUT 525783 508613 GOLDMAN SACHS GROUP 26738 28780 INTEL CORP 27358 24261 INTERPUBLIC GROUP OF COS 92945 81649 MADISON MID CAP FUND CL Y 475898 448436 MOLSON COOR BREW CO CL B 44872 45912 OSHKOSH CORP 42516 38182 PALM VALLEY CAPITAL FUND INVES 480881 452448 PARAMOUNT GLOBAL ORD SHS CLASS 13094 13169 PEAR TREE FOREIGN VALUE FD INS 326274 322381 PEAR TREE POLARIS 195764 194459 PHILLIPS 66 121162 103768 SCHLUMBERGER LTD 79741 70009 SMEAD VALUE FUND CLASS I1 300726 277167 SPROTT PHYSICAL GOLD TRUST 191839 192619 SPROTT PHYSICAL SILVER TRUST 189981 184161 SRH TOTAL RETURN FUND INC 156360 164907 STERLING CAPITAL REAL ESTATE I 263070 263164 THE MERGER FUND CL I 195613 197480 UNIVERSAL HLTH SVC B 47221 35923 VICTORY SYCAMORE ESTABLISHED V 487 491 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, 2024 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, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $7,250. This amount represents 25% or more of the Foundation's net assets of $10,000 (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, 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 11419 11419 Administrative Set-Up Fee 9900 9900 Bank Charges 15 15 Delaware Incorporation Fees 500 500 IRS Application Fees 600 600 State or Local Filing Fees 25 25 Investment Management Services 10774 10774 Davis Leonore R 2131 1st Avenue SE No-308 Cedar Rapids IL 52402 Foreign Tax Paid 74 74