2025-07-21T14:05:35-05:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-01 843143963 D'Amato Family Foundation % Foundation Source DAMA 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Stephen D'Amato Vice President 8008391754 2025-07-01 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X 2175449 X 0 X 45 45 46090 46090 96932 1360063 96932 143067 143067 0 5464 5464 13958 13958 19422 5464 13958 89200 89200 108622 5464 103158 34445 137603 0 1575 9893 9893 1929165 1955292 2165556 1930740 1965185 2175449 0 0 X 1930740 1965185 1930740 1965185 1930740 1965185 1930740 34445 1965185 1965185 Publicly-traded Securities 1360063 1263131 96932 96932 96932 1913 1913 1913 113 0 1800 1913 X 0 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 DE 198091377 false false false false false false false false false false false false false false false false false false false false false Marianne K D'Amato Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec, Treas 1.0 0 0 0 Steve D'Amato Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, VP 1.0 0 0 0 2117272 7648 0 2124920 0 2124920 31874 2093046 104652 104652 1913 1913 102739 102739 102739 103158 0 0 0 0 103158 102739 89132 103158 89132 14026 0 0 88713 0 0 Marianne K D'Amato Steve D'Amato X CYSTIC FIBROSIS FOUNDATION 2405 GRAND BLVD STE 520 KANSAS CITY MO 64108 N/A PC 2024 Midyear Campaign 30000 CYSTIC FIBROSIS FOUNDATION 2405 GRAND BLVD STE 520 KANSAS CITY MO 64108 N/A PC Charitable Event 10200 SHAWNEE UNITED METHODIST CHURCH 10700 JOHNSON DR SHAWNEE KS 66203 N/A PC General & Unrestricted 24000 SHAWNEE UNITED METHODIST CHURCH 10700 JOHNSON DR SHAWNEE KS 66203 N/A PC funds for Elevator Modernization 25000 89200 14 45 14 46090 18 96932 143067 143067 false false false false false false false false false false ALLIANCEBERSTEIN LG CAP GR ADV 54471 70060 AMERICAN FUNDS GROWTH 4146 3986 AMERICAN MUTUAL FUND CL F2 71892 79530 BOSTON TRUST WALDEN MID CAP IN 90355 101345 ETF SPDR SERIES TRUST 42143 44685 FIDELITY CONVERTIBLE SECURITIE 113195 116226 GUGGENHEIM TOTAL RETURN BOND F 104731 105257 INVESCO QQQ TRUST 55940 63393 ISHARE SP GBL 100 IN 83383 90794 ISHARES CORE US VALUE 168850 173698 ISHARES RUSSELL TOP 200 GROW 84708 152926 LAZARD GLOBAL LISTED INFRASTRU 77984 80641 NEW WORLD FUND, INC (F2) 70209 76364 PARNASSUS EQUITY INCOME FUND I 109477 114738 PIMCO INCOME FUND 87811 87207 VALUE LINE MID CAP FOCUSED FUN 135424 151545 VANGUARD FTSE DEVELOPED MARKET 63280 59201 VANGUARD S&P 500 ETF 155421 172419 VANGUARD SM-CAP ETF 137526 156422 VANGUARD SMALL-CAP GROWTH ETF 75744 91860 VICTORY RS PARTNERS FUND CL Y 105277 113792 WISDOMTREE INTERNATIONAL HDGD 63325 59467 Administrative Fees 13933 13933 State or Local Filing Fees 25 25 Investment Management Services 5464 5464 We respectfully request that D'Amato Family Foundation's quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $7 penalty indicated on Form 2220 be abated because the underpayment in Q3 and Q4 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 Q3 and Q4 estimate 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.