2025-10-15T18:47:01-05:00 2024-11-30 993186618 GRAEF & ZINK PC 720 S COLORADO BLVD STE 450-N GLENDALE CO 80246 990PF 2023-12-01 650239353 WORRELL FOUNDATION INC FKA DHARMA FOUNDATION III INC WORR 4349736365 1730 S FEDERAL HWY STE 333 DELRAY BEACH FL 33483 ALEXANDRA WAYNE PRESIDENT 4349736365 2025-10-15 1 1 COREY J ZINK P00824207 7203031865 2025-10-14 2023 2025-03-06 01:10:19Z X 2643728 X X 38653 38653 38653 0 38653 38653 0 0 0 4325 0 0 4325 0 0 0 0 4325 0 0 34328 38653 2059400 2093728 2093728 550000 550000 550000 550000 2609400 2643728 2643728 96908 96908 96908 96908 X 885719 885719 0 0 1626773 1661101 2512492 2546820 2609400 2643728 2512492 34328 0 2546820 0 2546820 537 0 537 0 537 0 0 0 0 0 X 30 567 0 0 0 0 0 0 0 0 0 0 1 1 FL 1 0 0 0 0 0 N/A THE FOUNDATION 4349736365 14 SOUTH SWINTON AVENUE DELRAY BEACH FL 33444 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THOMAS E WORRELL JR 14 SOUTH SWINTON AVENUE DELRAY BEACH FL 33444 DIR / CHR 1.00 0 0 0 ALEXANDRA WAYNE 14 SOUTH SWINTON AVENUE DELRAY BEACH FL 33444 PRESIDENT 1.00 0 0 0 NONE 0 NONE 0 0 0 2083512 550000 2633512 0 0 2633512 39503 2594009 129700 129700 537 537 129163 0 129163 0 129163 0 0 400000 400000 129163 128014 2020 2021 238449 0 400000 128014 238449 0 33537 0 0 0 0 0 0 0 0 95626 0 0 0 X 0 CHARLES SCHWAB DONOR ADVISED FUND PO BOX 628298 ORLANDO FL 32862 NONE PF TO PROMOTE CHARITABLE PURPOSES AS DESIGNED BY THE ORGANIZATION 400000 400000 16 38653 14 0 38653 0 38653 0 0 0 0 0 0 0 0 0 0 TAX PREPARATION 925 0 0 ACCOUNTING FEES 3400 0 0 THE WORRELL FOUNDATIN INC. HEREBY ELECTS TO TREAT A PORTION OF ITS QUALIFYING DISTRIBUTIONS MADE IN THE TAXABLE YEAR ENDING 11/30/2024 AS MADE OUT OF PRIOR YEAR UNDISTRIBUTED INCOME, SPECIFICALLY THE UNDISTRIBUTED INCOME FOR THE TAXABLE YEAR(S) ENDING PRIOR TO 11/30/2022, IN ACCORDANCE WITH TREASURY REGULATIONS 53.4942(A)-3(E)(2).THE AMOUNT OF QUALIFYING DISTRIBUTIONS APPLIED TO PRIOR YEAR UNDISTRIBUTED INCOME IS $238,449, WHICH IS LESS THAN OR EQUAL TO THE TOTAL QUALIFYING DISTRIBUTIONS MADE DURING THE CURRENT TAXABLE YEAR.THIS ELECTION IS MADE TO REDUCE OR ELIMINATE THE UNDISTRIBUTED INCOME FROM PRIOR YEARS WITHIN THE CORRECTION PERIOD AND IS CONSISTENT WITH THE ORDERING RULES ESTABLISHED IN THE APPLICABLE TREASURY REGULATIONS. THE FOUNDATION IS RELYING ON THE SUITABILITY TEST UNDER TREAS. REG. 53.4942(A)-3(B)(2), AS THE NATURE OF THE PROJECTS FOR WHICH FUNDS ARE SET ASIDE MAKES IMMEDIATE PAYMENT IMPRACTICAL. THIS INCLUDES PROJECTS THAT REQUIRE SUBSTANTIAL PLANNING, PERMITTING, DESIGN, OR FUNDRAISING BEFORE IMPLEMENTATION.EACH PROJECT FOR WHICH FUNDS HAVE BEEN SET ASIDE IS CONSISTENT WITH THE FOUNDATION'S EXEMPT PURPOSES AND FURTHERS ITS MISSION UNDER SECTION 501(C)(3). NONE OF THE SET-ASIDE AMOUNTS WILL BE USED FOR TAXABLE EXPENDITURES UNDER SECTION 4945.THE FOUNDATION AFFIRMS THAT THE AMOUNTS SET ASIDE ARE TREATED AS QUALIFYING DISTRIBUTIONS SOLELY FOR PURPOSES OF MEETING THE CASH DISTRIBUTION TEST AND NOT FOR THE GROSS INCOME TEST. THE FOUNDATION'S ELECTION TO USE THE CASH DISTRIBUTION TEST IS REFLECTED IN PART XI, LINE 3B OF FORM 990-PF.