Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
The Paul and Carol David Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)4048 Dressler Rd NW 200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Canton, OH44718
A Employer identification number

34-1319236
B Telephone number (see instructions)

(330) 479-0200
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$69,480,183J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 39 39  
4 Dividends and interest from securities... 1,200,165 1,200,165  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,339,789
b Gross sales price for all assets on line 6a 7,294,839
7 Capital gain net income (from Part IV, line 2)... 1,339,789
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,140,471 748,591  
12 Total. Add lines 1 through 11........ 3,680,464 3,288,584  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 125,630 35,007   85,823
14 Other employee salaries and wages...... 292,521 99,617   192,904
15 Pension plans, employee benefits....... 109,143 33,464   65,125
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
12,665 2,533   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
24,440 17,108   7,332
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,160 348   348
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
128,877 38,154   15,037
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
1,963 0  
20 Occupancy.............. 46,659 18,664   18,664
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,010,624 971,733   34,227
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,753,682 1,216,628   419,460
25 Contributions, gifts, grants paid....... 3,048,859 3,048,859
26 Total expenses and disbursements. Add lines 24 and 25 4,802,541 1,216,628   3,468,319
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,122,077
b Net investment income (if negative, enter -0-) 2,071,956
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 106,660 348,981 348,981
2 Savings and temporary cash investments......... 676,565 2,173,502 2,173,502
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 43,207,564 Click to see attachment
List of Attached Documents:
// Content
39,252,322 		39,389,921
14 Land, buildings, and equipment: basis right arrow157,517
Less: accumulated depreciation (attach schedule) right arrow110,247 49,233 Click to see attachment
List of Attached Documents:
// Content
47,270 		47,270
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
19,382,027 		Click to see attachment
List of Attached Documents:
// Content
20,473,402 		Click to see attachment
List of Attached Documents:
// Content
27,520,509
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 63,422,049 62,295,477 69,480,183
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 63,422,049 62,295,477
29 Total net assets or fund balances (see instructions)..... 63,422,049 62,295,477
30 Total liabilities and net assets/fund balances (see instructions). 63,422,049 62,295,477
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
63,422,049
2
Enter amount from Part I, line 27a .....................
2
-1,122,077
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
62,299,972
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
4,495
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
62,295,477
Form 990-PF (2022)
Form 990-PF (2022)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Fidelity - Capital Gains P 2022-01-01 2022-12-31
b Capital Gains/Losses from PTP's P 2022-01-01 2022-12-31
c Capital Gains Dividends P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6,021,948   5,955,050 66,898
b 887,443     887,443
c 385,448     385,448
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       66,898
b       887,443
c       385,448
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,339,789
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2022)
Form 990-PF (2022)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 28,800
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 28,800
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 28,800
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 36,570
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 24,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 60,570
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 31,770
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow31,770 Refundedright arrow 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowOH
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 5
Part VI-A
Statements Regarding Activities (continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowwww.davidfoundation.org
14
The books are in care ofright arrowWalter J Stanislawski Telephone no.right arrow (330) 479-0200

Located atright arrow4048 Dressler Rd NW 200CantonOH ZIP+4right arrow44718
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2022? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2022 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2022.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Carol David Chairperson
8.00 		0 0 0
4048 Dressler Rd NW 200
Canton,OH44718
Thomas G Knoll Trustee
2.00 		0 0 0
4048 Dressler Rd NW 200
Canton,OH44718
Jeffrey David President
35.00 		101,630 37,213 0
4048 Dressler Rd NW 200
Canton,OH44718
Scott F Whetstone Trustee
2.00 		24,000 0 0
4048 Dressler Rd NW 200
Canton,OH44718
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
Walt Stanislawski Staff
40.00 		233,220 47,423 0
4048 Dressler Rd NW 200
Canton,OH44718
Christy Melert Staff
40.00 		59,301 24,507 0
4048 Dressler Rd NW 200
Canton,OH44718
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
Oxford Financial Group Investment Fees 265,614
11711 North Meridian St Ste 600
Carmel,IN46032
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 Support of local charitable organizations for development and maintenance of after-school projects and community development. 1,487,755
2 Granting scholarships to qualified high school students in Stark County. 1,229,016
3 Grants to local school districts and universities for operational expenses and educational programs. 266,588
4 Grants to local non-profit health organizations to assist in research and to assist with under or uninsured population for healthcare. 49,000
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
71,588,284
b
Average of monthly cash balances.......................
1b
211,154
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
71,799,438
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
71,799,438
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,076,992
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
70,722,446
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,536,122
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
3,536,122
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
28,800
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
7,275
c
Add lines 2a and 2b............................
2c
36,075
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,500,047
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,500,047
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,500,047
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
3,468,319
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,468,319
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 3,500,047
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 2,530,565
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 3,468,319
a Applied to 2021, but not more than line 2a 2,530,565
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2022 distributable amount..... 937,754
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2022. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		2,562,293
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
Form 990-PF (2022)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2022, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Jeffrey David
4048 Dressler Rd NW 200
Canton,OH44718
(330) 479-0200
bThe form in which applications should be submitted and information and materials they should include:
Applications to be requested from individual in 2(a) above.
cAny submission deadlines:
None.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Scholarships to qualified high school students in Stark County, Ohio.
Form 990-PF (2022)
Form 990-PF (2022)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

A Community Christmas

PO Box 20050
Canton,OH44701 		    Charitable 6,000

Akron Zoo

500 Edgewood Avenue
Akron,OH44307 		    Charitable 8,079

Ashland University

401 College Avenue
Ashland,OH44805 		    Scholarships 14,000

Baldwin Wallace University

275 EASTLAND RD
BEREA,OH44017 		    Scholarships 7,000

Belmont University

1900 Belmont Blvd
Nashville,TN37212 		    Scholarships 7,000

Bowling Green State University

319 Administration Building
Bowling Green,OH43403 		    Scholarships 28,000

Boys & Girls Club of Massillon

730 Duncan Street SW
Massillon,OH44647 		    Charitable 1,204,277

Canton Country Day School

3000 Demington Avenue NW
Canton,OH44718 		    Scholarships 25,000

Capital University

One College Main St
Columbus,OH43209 		    Scholarships 7,000

Case Western Reserve University

Hall Room 435 2049 Martin Luther
King Jr Drive
Cleveland,OH441067049 		    Scholarships 14,000

Cedarville University

251 North Main Street
Cedarville,OH45314 		    Scholarships 28,000

Cleveland State University

2121 Euclid Avenue
Cleveland,OH441152214 		    Scholarships 14,000

Coastal Carolina University

PO Box 261954
Conway,SC295286054 		    Scholarships 7,000

College of Wooster

1189 Beall Avenue
Wooster,OH44691 		    Scholarships 14,000

Columbus College of Art & Design

107 N Ninth Street
Columbus,OH43215 		    Scholarships 7,000

Cuyahoga Community College

PO Box 92928
Cleveland,OH441942928 		    Scholarships 4,155

Diocese of Youngstown

144 West Wood Street
Youngstown,OH44503 		    Charitable 1,000

Duke University

PO Box 90759
Durham,NC27708 		    Scholarships 7,000

Echoing Hills

36272 Co Rd 79
Warsaw,OH43844 		    Charitable 25,000

Florida Institute of Technology

150 W University Blvd
Melbourne,FL329016975 		    Scholarships 7,000

Golden Key Center for Exceptional Children

1431 30th Street NW
Canton,OH44709 		    Scholarships 100,000

Grove City College

100 Campus Drive
Grove City,PA161272104 		    Scholarships 7,000

Habitat for Humanity East Central Ohio

1400 Raff Road SW
Canton,OH44710 		    Charitable 75,000

Help Hope Live

2 Radnor Corporate Center Suite 100
100 Matsonford RD
Radnor,PA19087 		    Charitable 7,000

Hiram College

Hinsdale Hall 3rd Floor
HIRAM,OH44234 		    Scholarships 7,000

Howard University

Student Financial Services/Cashier
Washington,DC20059 		    Scholarships 7,000

J Babe Stearn Community Center

2628 13th Street SW
Canton,OH44710 		    Charitable 2,500

Jacksonville University

2800 University Blvd N
Jacksonville,FL32211 		    Scholarships 7,000

John Carroll University

20700 North Park Blvd
University Hts,OH44118 		    Scholarships 14,000

Junior Achievement

1422 Euclid Avenue 952
Cleveland,OH44115 		    Charitable 50,000

Kent State University

PO Box 5190
Kent,OH442420001 		    Scholarships 245,000

Legacy Project

PO Box 36747
Canton,OH447356747 		    Charitable 26,000

Liberty University

PO Box 10425
Lynchburg,VA24506 		    Scholarships 21,000

Louisiana State University

125 Thomas Boyd Hall
Baton Rouge,LA70803 		    Scholarships 7,000

Loyola University Chicago

6339 N Sheridan Rd
Chicago,IL60660 		    Scholarships 7,000

Malone University

515 25th Street NW
Canton,OH44709 		    Scholarships 14,000

Massillon Tiger Baseball Booster Club

One Paul E Brown Drive SE
Massillon,OH44646 		    Charitable 400

Miami University (Ohio)

301 South Campus Ave Room 107
Oxford,OH45056 		    Scholarships 52,500

National Child Safety Council

4065 Page Avenue 1368
Michigan Center,MI49254 		    Charitable 1,000

Next Step Orlando

277 Douglas Avenue 1006
Altamonte Springs,FL32714 		    Charitable 7,000

Ohio Northern University

525 South Main Street
Ada,OH45810 		    Scholarships 14,000

Ohio University

20 Chubb Hall
Athens,OH45701 		    Scholarships 70,000

Ohio Wesleyan University

61 South Sandusky Street
Delaware,OH43015 		    Scholarships 7,000

Passthrough from Partnership K-1's

Various - 4048 Dressler Rd NW 200
Canton,OH44718 		    Charitable 499

Pegasus Farms

7490 Edison Street NE
Hartville,OH44632 		    Charitable 50,000

Pensacola Christian College

250 Brent Lane
Pensacola,FL32503 		    Scholarships 7,000

Refuge of Hope

405 3rd Street NE
Canton,OH44702 		    Charitable 10,000

Refunds - Various Scholarships

4048 Dressler Road NW 200
Canton,OH44718 		    Scholarships -47,447

Rosedale Bible College

2270 Rosedale Road
Irwin,OH43029 		    Scholarships 7,000

Seton Hill University

1 Seton Hill Drive
Greensburg,PA15601 		    Scholarships 7,000

St Joseph's Church

322 Third Street SE
Massillon,OH44646 		    Charitable 5,500

St Vincent de Paul Society

c/o Ms Peggy Mang 214 Taggert NE
Massillon,OH44646 		    Charitable 10,000

Stark County Diaper Bank

PO Box 35452
Canton,OH44735 		    Charitable 10,000

Stark County Hunger Task Force

408 9th Street SW
Canton,OH44707 		    Charitable 45,000

Stark Education Partnership

400 Market Avenue N B Plaza
Canton,OH44702 		    Charitable 40,588

Stark State College

6200 Frank Avenue NW
North Canton,OH44720 		    Scholarships 3,173

Stark State College Foundation

6200 Frank Avenue NW
North Canton,OH44720 		    Scholarships 50,000

Syracuse University

200 Archbold North
Syracuse,NY13244 		    Scholarships 7,000

Team NEO

1111 Superior Ave Suite 1600
Cleveland,OH44114 		    Charitable 5,000

The Ohio State University

281 W Lane Ave
Columbus,OH43210 		    Scholarships 210,000

The Patriot Project

525 North Main Street
North Canton,OH44720 		    Charitable 5,000

The University of Akron

PO Box 2260
Akron,OH44309 		    Scholarships 98,773

Tiffin University

155 Miami Street
Tiffin,OH44883 		    Scholarships 7,000

University of Cincinnati

PO Box 210140
Cincinnati,OH452210140 		    Scholarships 35,000

University of Dayton

300 College Park
Dayton,OH454695029 		    Scholarships 14,000

University of Findlay

1000 North Main Street
Findlay,OH458403695 		    Scholarships 7,000

University of Maryland Global Campus

1616 McCormik Drive
Largo,MD20774 		    Scholarships 1,362

University of Michigan

2500 Student Activities Building
515 E Jefferson Street
Ann Arbor,MI481091316 		    Scholarships 7,000

University of Mount Union

1972 Clark Avenue
Alliance,OH44601 		    Scholarships 77,000

University of North Carolina at Charlotte

380 Cone Center
Charlotte,NC282230001 		    Scholarships 3,500

University of Toledo

2801 W Bancroft Street
Toledo,OH436063390 		    Scholarships 21,000

Walsh University

2020 East Maple Street
North Canton,OH447203336 		    Scholarships 56,000

West Virginia University

PO Box 6410
Morgantown,WV265066410 		    Scholarships 14,000

Westminster College

319 South Market Street
New Wilmington,PA16172 		    Scholarships 7,000

Wishes Can Happen

1170 South Main Street
North Canton,OH44720 		    Charitable 15,000

Wittenberg University

PO Box 720
Springfield,OH455010702 		    Scholarships 7,000

Xavier University

3800 VICTORY PARKWAY
CINCINNATI,OH452074511 		    Scholarships 7,000

YMCA of Western Stark County

131 Tremont Ave SE
Massillon,OH44646 		    Charitable 25,000

Youngstown State University

One University Plaza
Youngstown,OH44555 		    Scholarships 28,000

YWCA - Alliance

239 E Market Street
Alliance,OH44601 		    Charitable 10,000
Total .................................right arrow 3a 3,048,859
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 39  
4 Dividends and interest from securities ....     14 1,200,165  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     18 748,591  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,339,789  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOrdinary Income (Loss) from PTP's 		900003 391,880      
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 391,880 3,288,584 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,680,464
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2022)
Form 990-PF (2022)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 AccountingFeesSchedule
Name:
The Paul and Carol David Foundation
EIN:
34-1319236
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 24,440 17,108   7,332

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2022 DepreciationSchedule
Name:
The Paul and Carol David Foundation
EIN:
34-1319236
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
Office Furniture - Ohio Desk 2006-02-28 22,692 22,692 SL 5.000000000000 0 0    
2006 Schalarship Picture & Re-frame 2006-09-15 1,636 1,636 SL 5.000000000000 0 0    
60" Pioneer Elite Pro-1540HD & installation 2007-06-14 6,590 6,590 SL 5.000000000000 0 0    
Appliances - Home Appliance Co 2006-04-01 2,012 2,012 SL 5.000000000000 0 0    
Carpet for new office buildout 2006-04-01 14,492 14,492 SL 7.000000000000 0 0    
Conference Room Table & JD's Furniture 2006-06-01 3,592 3,592 SL 5.000000000000 0 0    
Glass for convference room table 2006-12-27 1,500 1,500 SL 5.000000000000 0 0    
Kitchen Furniture 2006-04-01 380 380 SL 5.000000000000 0 0    
Mural 2010-12-06 9,308 9,308 SL 7.000000000000 0 0    
Office Sign 2006-06-19 2,306 2,306 SL 5.000000000000 0 0    
Old World Classics 2006-08-09 5,586 2,153 SL 40.000000000000 140 0    
Ouitside Sign 2006-08-01 480 480 SL 15.000000000000 0 0    
Passage of Time I, II, & III Art Pieces 2007-05-29 4,164 4,164 SL 5.000000000000 0 0    
Pictures 2006-07-25 2,426 2,426 SL 5.000000000000 0 0    
Reception Area - 4 Chairs 2006-07-20 3,660 3,660 SL 5.000000000000 0 0    
Reception Area - Round Table (2) 2006-10-06 1,482 1,482 SL 5.000000000000 0 0    
Reception Table & Two Lamps 2006-07-27 440 440 SL 5.000000000000 0 0    
Schoeppner - Office Buildout 2006-04-01 67,439 26,554 SL 40.000000000000 1,686 0    
Shelves in Utility Room (Schoeppner) 2006-05-17 766 300 SL 40.000000000000 19 0    
Telephone System 2020-07-30 4,616 167 SL 39.000000000000 118 0    
Website Redesign (A&G LLC) 2009-09-16 1,950 1,950 SL 3.000000000000 0 0    

TY 2022 InvestmentsOtherSchedule2
Name:
The Paul and Carol David Foundation
EIN:
34-1319236
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Mutual Funds AT COST 39,252,322 39,389,921

TY 2022 LandEtcSchedule2
Name:
The Paul and Carol David Foundation
EIN:
34-1319236
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Office Furniture - Ohio Desk 22,692 22,692 0 0
2006 Schalarship Picture & Re-frame 1,636 1,636 0 0
60" Pioneer Elite Pro-1540HD & installation 6,590 6,590 0 0
Appliances - Home Appliance Co 2,012 2,012 0 0
Carpet for new office buildout 14,492 14,492 0 0
Conference Room Table & JD's Furniture 3,592 3,592 0 0
Glass for convference room table 1,500 1,500 0 0
Kitchen Furniture 380 380 0 0
Mural 9,308 9,308 0 0
Office Sign 2,306 2,306 0 0
Old World Classics 5,586 2,293 3,293 3,293
Ouitside Sign 480 480 0 0
Passage of Time I, II, & III Art Pieces 4,164 4,164 0 0
Pictures 2,426 2,426 0 0
Reception Area - 4 Chairs 3,660 3,660 0 0
Reception Area - Round Table (2) 1,482 1,482 0 0
Reception Table & Two Lamps 440 440 0 0
Schoeppner - Office Buildout 67,439 28,240 39,199 39,199
Shelves in Utility Room (Schoeppner) 766 319 447 447
Telephone System 4,616 285 4,331 4,331
Website Redesign (A&G LLC) 1,950 1,950 0 0


TY 2022 LegalFeesSchedule
Name:
The Paul and Carol David Foundation
EIN:
34-1319236
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 12,665 2,533   0


TY 2022 OtherAssetsSchedule
Name:
The Paul and Carol David Foundation
EIN:
34-1319236
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Baxter Street Fund II 2,189,766 1,790,983 1,905,005
Berkshire Hedged Equity, LLC* 2,113,655 2,101,764 2,214,233
Berkshire SP Hedged Equity, LLC* 2,337,500 2,410,909 1,975,770
Patriot Software 300,000 300,000 689,849
Regent Street Appraisal Rights Fund 21,766 20,379 9,156
Regent Street Co-Investment Fund 2018-5 1,298,419 1,534,479 2,312,264
Regent Street Co-Investment Fund 2021-1 222,096 1,129,548 1,227,833
Regent Street Energy Opportunities Q, LLC 385,424 281,580 2,686,760
Regent Street Energy Opportunities Q-II * 491,723 544,544 946,684
Regent Street Global Private Equity WP, LLC 698,705 569,448 1,151,777
Regent Street Growth Equity Fund 1,275,045 870,341 1,403,184
Regent Street Healthcare Fund R 801,759 835,195 1,458,473
Regent Street Middle Market Buyout Fund C 112,632 384,177 670,591
Regent Street Middle Market Buyout Fund G 733,269 654,630 1,182,314
Regent Street Middle Market Buyout Fund J 645,698 926,241 1,053,443
Regent Street Opportunistic Real Estate, LLC 352,610 176,675 430,985
Regent Street Partners Fund 2022 0 201,434 209,570
Regent Street Power Fund 1,009,096 875,502 932,988
Regent Street Real Estate Fund S 190,828 342,187 463,365
Regent Street Secondary Fund G 496,550 483,760 656,657
Regent Street Secondary Institutional Fund 1,370,843 1,327,695 548,234
Regent Street Secondary RV-II 1,321,861 1,177,235 1,643,695
Regent Street Special Situations 20,244 25,113 28,684
Regent Street Specialty Finance Fund VP 731,766 613,019 759,790
Riverside Capital Appreciation Fund 201,208 192,513 183,383
Savile Row Heathcare Hedged Equity 59,564 -8,958 0
Tile Redi Mayfair, LLC 0 713,009 775,822


TY 2022 OtherDecreasesSchedule
Name:
The Paul and Carol David Foundation
EIN:
34-1319236
Description Amount
Non-Deductible Expenses from PTP's 4,495


TY 2022 OtherExpensesSchedule
Name:
The Paul and Carol David Foundation
EIN:
34-1319236
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Advertising 11,811 0   11,811
Cleaning and Miscellaneous 4,138 1,655   1,655
Copier Lease 1,622 0   0
David Scholar Dinner 10,247 0   10,247
Dues & Subscriptions 688 0   688
Insurance 6,829 6,829   0
Investment Expenses 104,006 104,006   0
Investment Expenses - K-1 69,609 69,609   0
Investment Management Fees 265,614 265,614   0
Office Supplies 277 139   138
Other Expenses - K-1 522,573 522,573   0
Payroll Service Fees 1,814 454   0
Software License Fee 5,800 0   5,800
Telephone 3,416 854   1,708
Website 2,180 0   2,180


TY 2022 OtherIncomeSchedule2
Name:
The Paul and Carol David Foundation
EIN:
34-1319236
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Dividends From PTP's 255,510 255,510 255,510
Interest From PTP's 78,666 78,666 78,666
Ordinary Income (Loss) From PTP's 414,415 414,415 414,415
Ordinary Income (Loss) from PTP's 391,880   391,880


TY 2022 OtherProfessionalFeesSchedule
Name:
The Paul and Carol David Foundation
EIN:
34-1319236
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Professional Fees 1,160 348   348


TY 2022 TaxesSchedule
Name:
The Paul and Carol David Foundation
EIN:
34-1319236
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise 73,000 0   0
Foreign Taxes 30,559 30,559   0
Payroll Taxes 25,318 7,595   15,037