2025-09-25T07:28:44-05:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-01 461571598 The Norby Family Foundation % Foundation Source NORB 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Ronald Glenn Norby President 8008391754 2025-09-18 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X 999396 X 0 X 349 349 17099 17099 51113 316292 51113 68561 68561 0 3830 3830 350 5214 5214 9394 3830 5214 38000 38000 47394 3830 43214 21167 64731 0 34575 28708 28708 25051 25051 24577 729867 756901 946111 789493 810660 999396 0 0 X 789493 810660 789493 810660 789493 810660 789493 21167 810660 810660 Publicly-traded Securities 316292 265179 51113 51113 51113 900 900 900 0 900 900 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 Ronald Norby Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres, Dir, Sec 1.0 0 0 0 Vicki Norby Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, VP 1.0 0 0 0 Wade A Norby Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, VP 1.0 0 0 0 953564 21184 0 974748 0 974748 14621 960127 48006 48006 900 900 47106 47106 47106 43214 0 0 0 0 43214 47106 42026 43214 42026 1188 0 0 45918 0 0 Ronald Norby Vicki Norby X BOYS AND GIRLS CLUBS OF METRO DENVER INC 2017 W 9TH AVE DENVER CO 80204 N/A PC General & Unrestricted 6000 FOOTHILLS GATEWAY INC 301 SKYWAY DR FORT COLLINS CO 80525 N/A PC Child & Family Needs Fund, Person Centered Training Fund, Giving Tree - Seasonal Program, and for the Hopes, Goals & Dreams Fund 17000 THINKHUMANITY INC 2880 SPRING MOUNTAIN DR LOVELAND CO 80537 N/A PC General & Unrestricted 10000 UNIVERSITY OF COLORADO FOUNDATION PO BOX 17126 DENVER CO 80217 N/A PC De Ja Vu Event 5000 38000 14 349 14 17099 18 51113 68561 68561 false false false false false false false false false false COMMUNICATION SVCS SLCT SCTR S 102412 122174 CONSUMER DISCRETIONARY SELECT 76869 94227 FINANCIAL SELECT SECTOR SPDR F 75578 103910 ISHARES BARCLAYS 3-7 YEAR TREA 16390 16177 ISHARES BARCLAYS US TREASURY B 18599 18614 ISHARES SHORT TERM CORPORATE B 49270 50925 MATERIALS SELECT SECTOR SPDR 20211 20698 SELECT SECTOR SPDR ENERGY FUND 44925 58249 SELECT SECTOR SPDR INDUSTRIAL 54033 72073 SELECT SECTOR SPDR UTILITIES 19642 21193 SPDR PORTFOLIO MORTGAGE BACKED 32860 32433 TECHNOLOGY SPDR 213150 302275 VANGUARD SHOR-TERM GOV BOND 32962 33163 25051 24577 Administrative Fees 5189 5189 State or Local Filing Fees 25 25 Investment Management Services 3830 3830 We respectfully request that The Norby Family Foundations's quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely and request that the $19 penalty indicated on Form 2220 be abated because the underpayment in Q2, 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 Q2, 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. 990-PF Excise Tax for 2023 350