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Nonprofiteer
← ARCHIVE SUSTAINING FOUNDATION

Form 990 for tax year 2024

Filed by ARCHIVE SUSTAINING FOUNDATION.

Totals

Total revenue
$40,495,963
Total expenses
$9,505,033
Contributions and grants received
$40,000,550
Grants paid
$9,500,000
Program service revenue
$0
Investment income
$495,413
Other revenue
$0
Total assets, end of year
$31,475,729
Total liabilities, end of year
$545
Net assets or fund balances, end of year
$31,475,184
Program services expenses (Part IX)
$9,500,000
Management and general expenses
$5,033
Fundraising expenses
$0
Program service expenses (Part III)
$9,500,000

Program services were 99.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $40,000,550

  • 3 · Investment income

    total $495,413 · excluded $495,413

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,500,000 · program services $9,500,000

  • 11c · Fees: accounting

    total $4,653 · management and general $4,653

  • 13 · Office expenses

    total $185 · management and general $185

  • 24a · Other expenses: Bank Fees

    total $195 · management and general $195

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $428 · end of year $18,056

  • 11 · Investments: publicly traded securities

    beginning of year $1,007,421 · end of year $31,457,673

  • 17 · Accounts payable and accrued expenses

    beginning of year $281 · end of year $545

  • 28 · Net assets with donor restrictions

    beginning of year $1,007,568 · end of year $31,475,184

Mission and programs · 2024

Mission

The Foundation's main focus is to provide charitable grants to support libraries and other organizations dedicated to the access and preservation of knowledge.

  • We are a new Foundation and grantmaking commenced in 2024.

    Expenses $9,500,000 · Grants $9,500,000

As filed on the 2024 return.

Listed in Part VII

  • Jordan Modell

    Chair

    Total calculated
    $0
    Hours/week
    1
  • Caslon Kahle

    Board member

    Total calculated
    $0
    Hours/week
    1
  • Meikle Hall

    Secretary/Treasurer

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
7 November 2025
IRS schema version
2024v5.2
Source object
202513119349301131

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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