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
FANNIE E RIPPEL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)14 MAPLE AVENUE 200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MORRISTOWN, NJ079605451
A Employer identification number

22-1559427
B Telephone number (see instructions)

(973) 540-0101
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$84,115,114J 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) 667,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 13 13 13
4 Dividends and interest from securities... 515,978 963,889 963,889
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,774,389
b Gross sales price for all assets on line 6a 27,349,594
7 Capital gain net income (from Part IV, line 2)... 1,323,256
8 Net short-term capital gain......... 0
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
102,470 133,699 236,169
12 Total. Add lines 1 through 11........ 3,059,850 2,420,857 1,200,071
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 688,562 8,679 8,679 679,246
14 Other employee salaries and wages...... 2,613,635 0 0 2,594,959
15 Pension plans, employee benefits....... 610,863 2,162 2,162 785,654
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
1,623 0 0 1,136
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
53,795 0 0 44,295
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,407,198 578,126 578,126 947,908
17 Interest...............   38,781 38,781  
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
35,749 144,583 144,583 71,298
19 Depreciation (attach schedule) and depletion... 13,134 0 0
20 Occupancy.............. 262,963 0 0 260,881
21 Travel, conferences, and meetings....... 192,257 0 0 168,727
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
428,193 428,512 428,512 438,664
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,307,972 1,200,843 1,200,843 5,992,768
25 Contributions, gifts, grants paid....... 269,700 344,700
26 Total expenses and disbursements. Add lines 24 and 25 6,577,672 1,200,843 1,200,843 6,337,468
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,517,822
b Net investment income (if negative, enter -0-) 1,220,014
c Adjusted net income (if negative, enter -0-)... 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............. 1,339,056 1,190,170 1,190,170
2 Savings and temporary cash investments......... 4,894,759 1,793,460 1,793,460
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   1,000    
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable................. 3,061,645 2,199,322 2,199,322
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.......... 44,115 36,583 36,583
10a Investments—U.S. and state government obligations (attach schedule) 5,792,465 Click to see attachment
List of Attached Documents:
// Content
3,518,585 		3,518,585
b Investments—corporate stock (attach schedule)....... 18,395,461 Click to see attachment
List of Attached Documents:
// Content
12,481,358 		12,481,358
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).......... 67,064,849 Click to see attachment
List of Attached Documents:
// Content
61,770,184 		61,770,184
14 Land, buildings, and equipment: basis right arrow885,342
Less: accumulated depreciation (attach schedule) right arrow851,075 35,648 Click to see attachment
List of Attached Documents:
// Content
34,267 		34,267
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
4,733,434 		Click to see attachment
List of Attached Documents:
// Content
1,091,185 		Click to see attachment
List of Attached Documents:
// Content
1,091,185
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 105,362,432 84,115,114 84,115,114
Liabilities 17 Accounts payable and accrued expenses.......... 642,175 795,102
18 Grants payable................. 75,000  
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) Click to see attachment
List of Attached Documents:
// Content
767,616 		Click to see attachment
List of Attached Documents:
// Content
989,842
23 Total liabilities (add lines 17 through 22)......... 1,484,791 1,784,944
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........... 100,815,996 80,186,992
25 Net assets with donor restrictions............ 3,061,645 2,143,178
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 103,877,641 82,330,170
30 Total liabilities and net assets/fund balances (see instructions). 105,362,432 84,115,114
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
103,877,641
2
Enter amount from Part I, line 27a .....................
2
-3,517,822
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
234,249
4
Add lines 1, 2, and 3 ..........................
4
100,594,068
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
18,263,898
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
82,330,170
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 PUBLICLY TRADED SECURITIES P    
b ECHO STREET GOODCO SELECT II, LP P    
c ECHO STREET GOODCO SELECT II, LP P    
d FUNDSMITH EQUITY FUND, LP P    
e FUNDSMITH EQUITY FUND, LP P    
GQG PARTNERS INTERNATIONAL EQUITY FUND P    
GQG PARTNERS INTERNATIONAL EQUITY FUND P    
KABOUTER INTERNATIONAL OFFSHORE FUND II, LP P    
INDIA ACORN FUND (CAYMAN) LTD P    
OLEA SPECIAL OPPORTUNITIES OFFSHORE FUND LP P    
CORNWALL OFFSHORE LTD P    
AIR U.S. LIFE FUND IV, LP P    
LIGHTHOUSE INDIA FUND III, LTD P    
MGG SF EVERGREEN UNLEVERED FUND P    
MGG SF EVERGREEN UNLEVERED FUND P    
NEW GENERATION TURNAROUND FUND P    
NEW GENERATION TURNAROUND FUND P    
DALTON INVESTMENTS TRUST-SERIES B P    
DALTON INVESTMENTS TRUST-SERIES B P    
FORESITE CAPITAL FUND V, LP P    
FORESITE CAPITAL FUND V, LP P    
FORESITE CAPITAL FUND VI, LP P    
FORESITE CAPITAL OPPORTUNITY FUND V, LP P    
FORESITE CAPITAL OPPORTUNITY FUND V, LP P    
THE OVERLOOK PARTNERS FUND, LP P    
THE OVERLOOK PARTNERS FUND, LP P    
WARBURG PINCUS GLOBAL GROWTH (E&P) - 2, LP P    
WARBURG PINCUS GLOBAL GROWTH, LP P    
WARBURG PINCUS PRIVATE EQUITY (E&P) XII (FT-2), LP P    
WARBURG PINCUS PRIVATE EQUITY (E&P) XII (B), LP P    
WARBURG PINCUS PRIVATE EQUITY (E&P) XII (B), LP P    
WARBURG PINCUS PRIVATE EQUITY XII L.P. P    
OWLS NEST PARTNERS LONG ONLY FUND, LP P    
OWLS NEST PARTNERS LONG ONLY FUND, LP P    
(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 27,349,594   27,706,219 -356,625
b       4,016
c       -7,188
d       258,220
e       -22,216
      338,370
      -314,150
      -397,632
      989,555
      54,450
      31,230
      19,713
      643,672
      9,738
      19,984
      84,658
      -10,810
      -182,599
      -154,249
      -2,376
      1,859
      -15
      -399
      2,268
      -4,313
      -34,012
      -11
      6,175
      40
      3,765
      35,314
      331,945
      27,823
      -52,944
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       -356,625
b       4,016
c       -7,188
d       258,220
e       -22,216
      338,370
      -314,150
      -397,632
      989,555
      54,450
      31,230
      19,713
      643,672
      9,738
      19,984
      84,658
      -10,810
      -182,599
      -154,249
      -2,376
      1,859
      -15
      -399
      2,268
      -4,313
      -34,012
      -11
      6,175
      40
      3,765
      35,314
      331,945
      27,823
      -52,944
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 1,323,256
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 -444,442
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 16,958
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 16,958
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 16,958
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 32,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 16,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 48,000
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 31,042
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow31,042 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 changesClick to see attachment
List of Attached Documents:
// Content
....
3
Yes
 
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 arrowNJ, MA, MO, CO
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
Yes
 
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.RIPPELFOUNDATION.ORG
14
The books are in care ofright arrowTHE FOUNDATION Telephone no.right arrow (973) 540-0101

Located atright arrow14 MAPLE AVENUE SUITE 200MORRISTOWNNJ ZIP+4right arrow079605451
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)
Yes
 
(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)
 
No
(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
 
 
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
EDWARD AHART TRUSTEE/CHAIRMAN OF BOARD
6.00 		6,000 0 0
14 MAPLE AVENUE SUITE 200
MORRISTOWN,NJ07960
DAVID SURRENDA TRUSTEE/SECRETARY
1.50 		6,000 0 0
14 MAPLE AVENUE SUITE 200
MORRISTOWN,NJ07960
ELLIOTT FISHER TRUSTEE
1.50 		6,000 0 0
14 MAPLE AVENUE SUITE 200
MORRISTOWN,NJ07960
JAMES SONNEBORN TRUSTEE
1.50 		6,000 0 0
14 MAPLE AVENUE SUITE 200
MORRISTOWN,NJ07960
MICHAEL HARRIS TRUSTEE
1.50 		6,000 0 0
14 MAPLE AVENUE SUITE 200
MORRISTOWN,NJ07960
LYDIA NADEAU TRUSTEE
1.50 		6,000 0 0
14 MAPLE AVENUE SUITE 200
MORRISTOWN,NJ07960
ROBERT ATKINS TRUSTEE (THROUGH 10/1/22)
1.50 		4,500 0 0
14 MAPLE AVENUE SUITE 200
MORRISTOWN,NJ07960
LAURA K LANDY PRESIDENT/CEO/TRUSTEE
40.00 		433,973 92,812 0
14 MAPLE AVENUE SUITE 200
MORRISTOWN,NJ07960
AUDREY WELLS TREASURER
40.00 		214,089 32,184 0
14 MAPLE AVENUE SUITE 200
MORRISTOWN,NJ07960
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
REBECCA PAYNE EXECUTIVE VICE-PRESI
40.00 		266,448 40,307 0
14 MAPLE AVENUE SUITE 200
MORRISTOWN,NJ07960
ALAN LIEBER EXECUTIVE VICE-PRESI
40.00 		265,548 40,307 0
14 MAPLE AVENUE SUITE 200
MORRISTOWN,NJ07960
ROBERT MILSTEIN DIRECTOR, SYSTEMS ST
40.00 		240,451 36,489 0
14 MAPLE AVENUE SUITE 200
MORRISTOWN,NJ07960
TERESA WADE DIRECTOR, COMMS & IN
40.00 		184,455 37,765 0
14 MAPLE AVENUE SUITE 200
MORRISTOWN,NJ07960
JANE ERICKSON DIRECTOR, LEARNING &
40.00 		146,026 16,534 0
14 MAPLE AVENUE SUITE 200
MORRISTOWN,NJ07960
Total number of other employees paid over $50,000...................right arrow 12
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
THE COLONY GROUP INVESTMENT ADVISOR 456,963
570 LEXINGTON AVENUE 5TH FLOOR
NEW YORK,NY10022
ANAT GERSTEIN INC COMMUNICATIONS CONSULTANT 120,000
4301 21ST STREET SUITE 305
LONG ISLAND CITY,NY11101
SJK CONSULTING LLC IT CONSULTANT 115,920
4115 HOOVER LANE
WHARTON,NJ07885
BETTER FOCUS LLC COMMUNICATIONS CONSULTANT 114,581
5756 N VANCOUVER AVENUE
PORTLAND,OR97217
KORN FERRY HUMAN RESOURCES CONSULTANT 71,960
NW 5854 PO BOX 1450
MINNEAPOLIS,MN55485
Total number of others receiving over $50,000 for professional services.............right arrow6
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 RIPPEL'S KEY INITIATIVE, RETHINK HEALTH, WORKS WITH STEWARDS ON THE GROUND IN ORGANIZATIONS AND COMMUNITIES LOCALLY, STATEWIDE, REGIONALLY, AND NATIONALLY TO HELP THEM THINK ABOUT AND IMPLEMENT NEW WAYS TO IMPROVE POPULATION HEALTH AND WELL-BEING TO HAVE AN IMPACT THAT GOES BEYOND BUSINESS AS USUAL. RETHINK HEALTH PROVIDES REAL-WORLD TOOLS, FRAMEWORKS, AND EXPERTISE THAT HELP INDIVIDUALS, ORGANIZATIONS, AND COMMUNITIES CONSIDER HOW TO MAKE TRANSFORMATIVE, LASTING CHANGE AND SHIFT INVESTMENTS IN MEANINGFUL WAYS THAT SUPPORT THRIVING POPULATIONS. SERVICES OFFERED INCLUDE FREE RESOURCES, MULTI-YEAR PARTNERSHIP ARRANGEMENTS, AND AN ALUMNI NETWORK FOR THOSE ALREADY FAMILIAR WITH RETHINK HEALTH'S APPROACHES WHO WANT TO DEEPEN THEIR KNOWLEDGE AND HAVE OPPORTUNITIES TO LEARN WITH PEERS. ALL OF RETHINK HEALTH'S GUIDANCE AND SUPPORT IS TAILORED TO SUPPORT LOCAL NEEDS AND CONDITIONS. 4,993,664
2  
3  
4  
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
87,182,241
b
Average of monthly cash balances.......................
1b
1,681,353
c
Fair market value of all other assets (see instructions)................
1c
15,000
d
Total (add lines 1a, b, and c).........................
1d
88,878,594
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
88,878,594
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,333,179
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
87,545,415
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,377,271
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
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
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
6,337,468
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
11,753
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
6,349,221
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  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only.......  
b Total for prior years:20, 20, 20  
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 ........  
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$  
a Applied to 2021, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2022 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2022.    
(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  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		 
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) ....... 		 
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		 
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
2020-01-10
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
0 0 209,896 547,306 757,202
b 85% (0.85) of line 2a ......... 0 0 178,412 465,210 643,622
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		6,349,221 5,926,119 6,366,509 6,126,662 24,768,511
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		344,700 209,300 357,700 61,550 973,250
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		6,004,521 5,716,819 6,008,809 6,065,112 23,795,261
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		2,918,181 3,179,794 2,683,876 2,721,785 11,503,636
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) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
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

PHILANTHROPY NEW YORK

320 E 43RD ST
NEW YORK,NY10017 		N/A PC TO SUPPORT THE ORGANIZATION RECOGNIZED AS THE VOICE FOR PHILANTHROPY IN NEW YORK 50

COUNCIL OF NEW JERSEY GRANTMAKERS

111 WEST STATE STREET
TRENTON,NJ08608 		N/A PC TO SUPPORT THE ORGANIZATION RECOGNIZED AS THE VOICE FOR PHILANTHROPY IN NEW JERSEY 150

SPECTRUM DESIGNS FOUNDATION

382 MAIN STREET
PORT WASHINGTON,NY11050 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 1,000

NATIONAL ACADEMY OF SCIENCES

500 5TH STREET NW
WASHINGTON,DC20001 		N/A PC TO SPONSOR THE ROUNDTABLE ON POPULATION HEALTH IMPROVEMENT, WHICH IS ONE OF THE MOST EFFECTIVE ELEMENTS IN INFLUENCING AGENDA NATIONWIDE. 50,000

GRANTMAKERS IN HEALTH

100 CONNECTICUT AVE NW SUITE 1200
WASHINGTON,DC20036 		N/A PC TO SUPPORT FOUNDATIONS STAYING CONNECTED THROUGH GIH'S FUNDING PARTNER CONSTITUENCY TO COORDINATE EFFORTS TO IMPROVE HEALTH 6,000

MAYO PERFORMING ARTS CENTER

100 SOUTH ST
MORRISTOWN,NJ07960 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 5,000

JBWS

PO BOX 1437
MORRISTOWN,NJ07962 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 5,000

ZUFALL HEALTH

4 ATNO AVENUE
MORRISTOWN,NJ07960 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 22,500

JEWISH HOME FAMILY

10 LINK DRIVE
ROCKLEIGH,NJ07647 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 22,500

FOUNDATION FOR MORRISTOWN MEDICAL CENTER

475 SOUTH STREET FIRST FLOOR
MORRISTOWN,NJ07960 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 22,500

HEALTHY MOTHERS HEALTHY BABIES COALITION OF GEORGIA

2200 CENTURY PARKWAY SUITE 460
ATLANTA,GA30345 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 22,500

THOMAS JEFFERSON UNIVERSITY

125 S 9TH STREET SUITE 600
PHILADELPHIA,PA19107 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 22,500

BLACK MOTHERS IN POWER

2207 CONCORD PIKE 222
WILMINGTON,DE19803 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 22,500

NOURISHNJ

57 E PARK PLACE
MORRISTOWN,NJ07960 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 22,500

HOMEBRIDGE INC

1035 MARKET STREET L-1
SAN FRANCISCO,CA94103 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 22,500

YWCA KALAMAZOO

353 E MICHIGAN AVENUE
KALAMAZOO,MI49007 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 22,500

GROW IT GREEN MORRISTOWN

14 MAPLE AVENUE SUITE 300
MORRISTOWN,NJ07960 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 25,000

PROVIDENCE CENTER

2557 N 5TH STREET
PHILADELPHIA,PA19133 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 25,000

CONEXION LATINA NEWPORT

170 BROADWAY
NEWPORT,RI02840 		N/A PC TO SUPPORT THE ORGANIZATION IN ACTIVITIES THAT IMPROVE THE HEALTH AND WELL-BEING IN THE SURROUNDING COMMUNITIES, THEREBY CREATING CONDITIONS WHICH ENABLE PEOPLE TO THRIVE. 25,000
Total .................................right arrow 3a 344,700
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
aCONTRACT INCOME     01   97,500
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 13  
4 Dividends and interest from securities ....     14 515,978  
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 .....     01    
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,774,389  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    01 4,970  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,295,350 97,500
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,392,850
(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.)
1A THE CONTRACT INCOME IN PART XVI-A IS DERIVED FROM A VARIETY OF ENGAGEMENTS WHERE RIPPEL PROVIDES SERVICES TO OTHER FOUNDATIONS AND FOUNDATION-FUNDED INITIATIVES, AS WELL AS REGIONAL HEALTHCARE COLLABORATIVES. THESE SERVICES INCLUDE RESEARCH, ANALYSIS, ADVISING, COACHING, MENTORING, MEETING FACILITATION, EDUCATIONAL WORKSHOPS, SCENARIO MODELING, AND TRAINING. EACH ENGAGEMENT IS DESIGNED TO SUPPORT THESE GROUPS IN PURSUING SYSTEMWIDE, TRANSFORMATIVE CHANGES IN HEALTHCARE. TOOLS AND METHODS DEVELOPED BY THE FOUNDATION ARE USED IN THE DELIVERY OF THIS SUPPORT; FEEDBACK AND NEW INSIGHTS GLEANED FROM EACH ENGAGEMENT IS IN TURN USED TO IMPROVE OUR TOOLS AND METHODS.
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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Name of the organization
FANNIE E RIPPEL FOUNDATION
 
Employer identification number

22-1559427
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2022)
Schedule B (Form 990) (2022) Page 2
Name of organization
FANNIE E RIPPEL FOUNDATION
  		Employer identification number
22-1559427
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
ROBERT WOOD JOHNSON FOUNDATION
 
PO BOX 2316
 
PRINCETON, NJ08543

$ 500,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
GROWTH PHILANTHROPY NETWORK
 
1345 AVENUE OF THE AMERICAS 33RD FL
 
NEW YORK, NY10105

$ 150,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 3
Name of organization
FANNIE E RIPPEL FOUNDATION
  		Employer identification number

22-1559427
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 4
Name of organization
FANNIE E RIPPEL FOUNDATION
  		Employer identification number

22-1559427
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2022)
Additional Data


Software ID:  
Software Version:  

TY 2022 AccountingFeesSchedule
Name:
FANNIE E RIPPEL FOUNDATION
EIN:
22-1559427
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT AND TAX PREPARATION 53,795 0 0 44,295

TY 2022 InvestmentsCorpStockSchedule
Name:
FANNIE E RIPPEL FOUNDATION
EIN:
22-1559427
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES (1259 SHARES) 138,226 138,226
ABBOTT LABORATORIES (309 SHARES) 33,925 33,925
ACCENTURE PLC (475 SHARES) 126,749 126,749
ADOBE INC (591 SHARES) 198,889 198,889
AERCAP HOLDINGS NV (4474 SHARES) 260,924 260,924
AIRBNB INC (1182 SHARES) 101,061 101,061
ALIGN TECHNOLOGY INC (139 SHARES) 29,315 29,315
ALPHABET INC (2160 SHARES) 190,577 190,577
ALPHABET INC (2505 SHARES) 222,269 222,269
ALPHABET INC (2760 SHARES) 244,895 244,895
ALPHABET INC (907. SHARES) 80,478 80,478
AMAZON.COM INC (1074 SHARES 90,216 90,216
AMAZON.COM INC (1271 SHARES) 106,764 106,764
AMAZON.COM INC (3580 SHARES) 300,720 300,720
APPLIED MATERIALS INC (687 SHARES) 66,900 66,900
ARES MANAGEMENT CORP (8641 SHARES) 58,927 58,927
AUTODESK INC (716 SHARES) 133,799 133,799
AXALTA COATING SYSTEMS LTD (8200 SHARES) 208,854 208,854
BAKER HUGHES CO (6467 SHARES) 190,971 190,971
BALL CORP (3678 SHARES) 188,093 188,093
BALL CORP (809 SHARES) 41,372 41,372
BANK OF AMERICA CORP (6700 SHARES) 221,904 221,904
BERKSHIRE HATHAWAY INC (725 SHARES) 223,952 223,952
CARLYLE GROUP INC/THE (2747 SHARES) 81,970 81,970
CARTER'S INC (3000 SHARES) 223,830 223,830
CATALENT INC (3648 SHARES) 164,196 164,196
CBRE GROUP INC (654 SHARES) 50,332 50,332
CLARIVATE PLC (16061 SHARES) 133,949 133,949
CORNING INC (6975 SHARES) 222,781 222,781
COSTAR GROUP INC (974 SHARES) 75,271 75,271
DANAHER CORP (944 SHARES) 250,556 250,556
DEVON ENERGY CORP(700 SHARES) 43,057 43,057
DOCUSIGN INC (860 SHARES) 47,661 47,661
DUPONT DE NEMOURS INC (2900 SHARES) 199,027 199,027
ELANCO ANIMAL HEALTH INC (16400 SHARES) 200,408 200,408
ELEVANCE HEALTH INC (114 SHARES) 58,479 58,479
ENTEGRIS INC (1568 SHARES) 102,845 102,845
FERGUSON PLC (280 SHARES) 35,552 35,552
GARTNER INC (290 SHARES) 97,481 97,481
GENERAL ELECTRIC CO (1113 SHARES) 93,258 93,258
GENERAL MOTORS CO (5600 SHARES) 188,384 188,384
GRAPHIC PACKAGING HOLDING CO (9800 SHARES) 218,050 218,050
HALOZYME THERAPEUTICS INC (4745 SHARES) 269,990 269,990
HANESBRANDS INC (22700 SHARES) 144,372 144,372
HEICO CORP (416 SHARES) 49,857 49,857
ILLUMINA INC (481 SHARES) 97,258 97,258
INFINERA CORP (8898 SHARES) 59,973 59,973
INTERNATIONAL FLAVORS & FRAGRA (1200 SHARES) 125,808 125,808
IQVIA HOLDINGS INC (1127 SHARES) 230,911 230,911
JONES LANG LASALLE INC (472 SHRES) 75,223 75,223
KKR & CO INC (1603 SHARES) 74,411 74,411
LAM RESEARCH CORP (122 SHARES) 51,276 51,276
LIONS GATE ENTERTAINMENT CORP (33500 SHARES) 181,905 181,905
MARTIN MARIETTA MATERIALS INC (547 SHARES) 184,870 184,870
MASTERCARD INC (218 SHARES) 75,805 75,805
MASTERCARD INC (482 SHARES) 167,606 167,606
MERCK & CO INC (325 SHARES) 36,059 36,059
MICRON TECHNOLOGY INC (4000SHARES) 199,920 199,920
MICROSOFT CORP (455 SHARES) 109,118 109,118
MICROSOFT CORP (835 SHARES) 200,250 200,250
MICROSOFT CORP (939 SHARES) 225,191 225,191
MOHAWK INDUSTRIES INC (1950 SHARES) 199,329 199,329
NETFLIX INC (701 SHARES) 206,711 206,711
NICE LTD (257 SHARES) 49,421 49,421
NIKE INC (660 SHARES) 77,227 77,227
PALO ALTO NETWORKS INC (1467 SHARES) 204,705 204,705
PAYPAL HOLDINGS INC (1198 SHARES) 85,322 85,322
PROGRESSIVE CORP/THE (1453 SHARES) 188,469 188,469
QORVO INC (831 SHARES) 75,322 75,322
REGIONS FINANCIAL CORP (9200 SHARES) 198,352 198,352
SALESFORCE INC (1072 SHARES) 142,136 142,136
SALESFORCE INC (579 SHARES) 76,770 76,770
SENSATA TECHNOLOGIES HOLDING P (5000 SHARES) 201,900 201,900
SERVICENOW INC (419 SHARES) 162,685 162,685
SHERWIN-WILLIAMS CO/THE (818 SHARES) 194,136 194,136
SKYWORKS SOLUTIONS INC (849 SHARES) 77,369 77,369
SS&C TECHNOLOGIES HOLDINGS INC (4000 SHARES) 208,240 208,240
SVB FINANCIAL GROUP (561 SHARES) 129,109 129,109
THERMO FISHER SCIENTIFIC INC (208 SHARES) 114,544 114,544
TRANSDIGM GROUP INC (175 SHARES) 110,189 110,189
UNITEDHEALTH GROUP INC (265 SHARES) 140,498 140,498
URBAN OUTFITTERS INC (5700 SHARES) 135,945 135,945
VERRA MOBILITY CORP (7874 SHARES) 108,897 108,897
VISA INC (324 SHARES) 67,314 67,314
VISA INC (750 SHARES) 155,820 155,820
WALGREENS BOOTS ALLIANCE INC (4600 SHARES) 171,856 171,856
WALT DISNEY CO/THE (2200 SHARES) 191,136 191,136
WELLS FARGO & CO (4552 SHARES) 187,952 187,952
WESTINGHOUSE AIR BRAKE TECHNOL (325 SHARES) 32,438 32,438
ZOETIS INC (552 SHARES) 80,896 80,896

TY 2022 InvestmentsGovtObligationsSch
Name:
FANNIE E RIPPEL FOUNDATION
EIN:
22-1559427
US Government Securities - End of Year Book Value:

3,518,585
US Government Securities - End of Year Fair Market Value:

3,518,585
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2022 InvestmentsOtherSchedule2
Name:
FANNIE E RIPPEL FOUNDATION
EIN:
22-1559427
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AIR U.S. LIFE FUND IV FMV 1,842,345 1,842,345
ASM CONNAUGHT HOUSE FUND III, LP FMV 1,916,882 1,916,882
BOND CAPITAL FUND, LP FMV 1,393,321 1,393,321
BOND II, LP FMV 1,038,187 1,038,187
BOND III, LP FMV 49,945 49,945
COLCHIS INCOME FUND, LTD FMV 301,102 301,102
CORNWALL OFFSHORE LTD FMV 7,632 7,632
DALTON INVESTMENTS TRUST SERIES B FMV 2,466,579 2,466,579
DG VALUE PARTNERS II OFFSHORE FUND LTD FMV 1,747,748 1,747,748
ECHO STREET GOODCO SELECT II, LP FMV 4,051,996 4,051,996
FHLMC MULTICLASS STRIP 355 300 FMV 180,272 180,272
FHLMC POOL #QE-6841 FMV 331,714 331,714
FHLMC POOL #QE-8597 FMV 149,465 149,465
FHLMC POOL #QE-9637 FMV 249,635 249,635
FNMA GTD REMIC P/T 11-127 ZU FMV 301,093 301,093
FORESITE CAPITAL FUND V, LP FMV 495,247 495,247
FORESITE CAPITAL FUND VI, LP FMV 54,621 54,621
FORESITE CAPITAL OPPORTUNITIES FUND V, LP FMV 117,734 117,734
FUNDSMITH EQUITY FUND, LP FMV 2,858,083 2,858,083
GAP VI PARALLEL PARTNERS, LP FMV 43,467 43,467
GLOUSTON PRIVATE EQUITY OPPORTUNITIES III, LP FMV 14,600 14,600
GNMA GTD REMIC P/T 21-130 SA FMV 11,979 11,979
GNMA GTD REMIC P/T 21-159 IO FMV 73,179 73,179
GNMA GTD REMIC P/T 21-179 HI FMV 70,583 70,583
GNMA GTD REMIC P/T 21-193 QF FMV 554,885 554,885
GNMA GTD REMIC P/T 21-193 TF FMV 600,761 600,761
GNMA GTD REMIC P/T 21-213 QF FMV 653,908 653,908
GNMA GTD REMIC P/T 22-10 FH FMV 356,592 356,592
GNMA GTD REMIC P/T 22-12 AF FMV 178,820 178,820
GQG PARTNERS INTERNATIONAL EQUITY FUND FMV 3,154,922 3,154,922
INDIA ACORN FUND (CAYMAN) LTD FMV 3,101,490 3,101,490
INNOVATION ENDEAVORS IV, LP FMV 307,859 307,859
LIGHTHOUSE INDIA FUND III, LTD FMV 1,458,915 1,458,915
MAINGATE MLP FUND-I (409795 SHARES) FMV 2,852,175 2,852,175
MGG SF EVERGREEN UNLEVERED FUND LP FMV 3,100,010 3,100,010
NEW GENERATION TURNAROUND FUND, LP FMV 93,737 93,737
NOVALIS LIFESCIENCES INVESTMENTS II, LP FMV 293,147 293,147
NOVALPINA CAPITAL PARTNERS I SCSP FMV 488,077 488,077
OLEA SPECIAL OPPORTUNITIES OFFSHORE FUND LP FMV 1,367,342 1,367,342
ORCHARD LIQUID CREDIT FUND FMV 2,872,330 2,872,330
OWLS NEST PARTNERS LONG ONLY, LP FMV 1,429,826 1,429,826
SEASONED CREDIT RISK TR 1 M45C FMV 302,323 302,323
SEASONED CREDIT RISK TRAN 1 MA FMV 363,916 363,916
SEASONED CREDIT RISK TRAN 1 MA FMV 490,800 490,800
THE OVERLOOK PARTNERS FUND, LP FMV 2,563,741 2,563,741
THIRD POINT OFFSHORE FUND, LTD FMV 2,138,169 2,138,169
THIRD POINT STRUCTURED CREDIT OPPTS OFFSHORE FUND FMV 2,836,517 2,836,517
VANGUARD STAR INVESTORS CLASS (13858 SHARES) FMV 334,821 334,821
WARBURG PINCUS GLOBAL GROWTH 14, LP FMV 292,671 292,671
WARBURG PINCUS GLOBAL GROWTH, LP FMV 1,748,518 1,748,518
WARBURG PINCUS PRIVATE EQUITY XII, LP FMV 2,457,828 2,457,828
WF ASIA SMALLER COMPANIES FUND FMV 1,442,082 1,442,082
YORK CREDIT OPPORTUNITIES UNIT TRUST FMV 334,422 334,422
YORK EUROPEAN DISTRESSED ASSET FUND III (CAYMAN), LP FMV 1,618,886 1,618,886
YORK EUROPEAN DISTRESSED ASSET FUND IV (CAYMAN) LIMITED FMV 1,662,370 1,662,370
YORK EUROPEAN DISTRESSED CREDIT FUND II (CAYMAN), LP FMV 424,304 424,304
YORK EUROPEAN DISTRESSED CREDIT FUND, LP FMV 126,611 126,611

TY 2022 LandEtcSchedule2
Name:
FANNIE E RIPPEL FOUNDATION
EIN:
22-1559427
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LEASEHOLD IMPROVEMENTS 793,958 793,958 0  
FURNITURE AND EQUIPMENT 91,384 57,117 34,267 34,267


TY 2022 LegalFeesSchedule
Name:
FANNIE E RIPPEL FOUNDATION
EIN:
22-1559427
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 1,623 0 0 1,136


TY 2022 OtherAssetsSchedule
Name:
FANNIE E RIPPEL FOUNDATION
EIN:
22-1559427
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SECURITY DEPOSIT 15,000 15,000 15,000
DUE FROM BROKER 1,018,434 25,471 25,471
CASH PENDING INVESTMENT 3,700,000 500,000 500,000
PREPAID FEDERAL EXCISE TAX   6,718 6,718
RIGHT OF USE ASSET-OPERATING LEASE   543,996 543,996


TY 2022 OtherDecreasesSchedule
Name:
FANNIE E RIPPEL FOUNDATION
EIN:
22-1559427
Description Amount
UNREALIZED LOSS ON INVESTMENTS 18,263,898


TY 2022 OtherExpensesSchedule
Name:
FANNIE E RIPPEL FOUNDATION
EIN:
22-1559427
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES AND MEMBERSHIPS 20,849 0 0 21,599
INSURANCE 26,262 0 0 29,198
TELEPHONE 14,509 0 0 15,746
BANK FEES 1,041 1,041 1,041 0
OFFICE SERVICES AND EXPENSES 47,642 0 0 48,794
TECHNOLOGY AND SUPPORT 307,781 0 0 313,175
PROFESSIONAL DEVELOPMENT AND TRAINING 10,109 0 0 10,152
OTHER INVESTMENT EXPENSES THROUGH K-1S 0 427,471 427,471 0


TY 2022 OtherIncomeSchedule2
Name:
FANNIE E RIPPEL FOUNDATION
EIN:
22-1559427
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER PARTNERSHIP INCOME 0 133,699 133,699
CONTRACT INCOME 97,500   97,500
OTHER INCOME 4,970   4,970


TY 2022 OtherIncreasesSchedule
Name:
FANNIE E RIPPEL FOUNDATION
EIN:
22-1559427
Description Amount
DEFERRED FEDERAL EXCISE TAX BENEFIT 234,249


TY 2022 OtherLiabilitiesSchedule
Name:
FANNIE E RIPPEL FOUNDATION
EIN:
22-1559427
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAX 316,022 81,773
DEFERRED PENSION LIABILITY 416,045 364,073
FEDERAL EXCISE TAX PAYABLE 35,549 0
LEASES PAYABLE 0 543,996


TY 2022 OtherProfessionalFeesSchedule
Name:
FANNIE E RIPPEL FOUNDATION
EIN:
22-1559427
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL FEES-PROGRAM CONSULTING 220,566 0 0 346,139
INVESTMENT MANAGEMENT FEES 120,163 120,163 120,163 0
ADVISORY FEES 456,963 456,963 456,963 0
CONSULTING: COMMUNICATIONS AND MARKETING 457,296 0 0 494,559
CONSULTING: BUSINESS DEVELOPMENT/STRATEGY 151,210 0 0 107,210
INVESTMENT COMMITTEE CONSULTING 1,000 1,000 1,000 0


TY 2022 TaxesSchedule
Name:
FANNIE E RIPPEL FOUNDATION
EIN:
22-1559427
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 0 144,583 144,583 0
FEDERAL EXCISE TAX 35,749 0 0 71,298