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Port Warwick Foundation — 2024 Form 990 public filing

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7/9/26, 2:46 PM Port Warwick Foundation - Full Filing - Nonprofit Explorer - ProPublica (explain in detail in Part VI): 2 Acquisition indebtedness applicable to non-exempt use assets 2 3 = Subtract line 2 from line 1d 3 4 Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). 4 _5_Net value of non-exempt-use assets (subtract line 4 from line 3) 7 6 Multiply line 5 by 0.035 6 7 ~~ Recoveries of prior-year distributions 7 8 Minimum Asset Amount (add line 7 to line 6) 8 Section C - Distributable Amount Current Year 1 Adjusted net income for prior year (from Section A, line 8, Column A) 1 2 Enter 85% of line 2 2 3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3 4 Enter greater of line 2 or line 3 4 5 Income tax imposed in prior year 5 6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency 6 temporary reduction (see instructions) 7 Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions) Schedule A (Form 990) 2024 Page 7 Schedule A (Form 990) 2024 Page 7 PartV Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued) Section D - Distributions Current Year 1__Amounts paid to supported organizations to accomplish exempt purposes 1 2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in 2 excess of income from activity 3 Administrative expenses paid to accomplish exempt purposes of supported organizations 3 4 Amounts paid to acquire exempt-use assets 4 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) 5 6 Other distributions (describe in Part VI). See instructions 6 7 Total annual distributions. Add lines 1 through 6. 7 8 Distributions to attentive supported organizations to which the organization is responsive (provide 8 details in Part VI). See instructions 9 Distributable amount for 2024 from Section C, line 6 9 10 Line 8 amount divided by Line 9 amount 10 Section E - Distribution Allocations cit) (i) (see instructions) Excess Distributions Pre-2024 Underdistributions Distributable Amount for 2024 1 Distributable amount for 2024 from Section C, line 6 2 Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI). See instructions. Excess distributions carryover, if any, to 2024: From 2019... From 2020. . + ss From 2021, - - » + + + From 2022. . - - + + olalole|s|% From 2023. . . . + f Total of lines 3a through e g Applied to underdistributions of prior years h_ Applied to 2024 distributable amount i Carryover from 2019 not applied (see instructions) j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. 4 Distributions for 2024 from Section D, line 7: $ a Applied to underdistributions of prior years b Aoplied to 2024 distributable amount https://projects.propublica.org/nonprofits/organizations/202007 143/20254310934930344G/full 19/29
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