TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023

Name of foundation
GEORGE F STRAUB TRUST ESTATE

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 3170 DEPT 715
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
HONOLULU, HI968023170

A Employer identification number

99-6011145

B Telephone number (see instructions)

(808) 694-4122

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$3,059,895J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	66,786		66,786
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		48,813
b	Gross sales price for all assets on line 6a 597,413
7	Capital gain net income (from Part IV, line 2)...			48,813
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).......
12	Total. Add lines 1 through 11........	115,599		115,599
13	Compensation of officers, directors, trustees, etc.	27,459		13,729		13,730
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	1,600	0	0	1,600
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	10,742	10,742		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	2,190	1,617		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	8,157	7		8,150
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	50,148		26,095	0	23,480
25	Contributions, gifts, grants paid.......	120,000				120,000
26	Total expenses and disbursements. Add lines 24 and 25	170,148		26,095	0	143,480
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-54,549
b	Net investment income (if negative, enter -0-)			89,504
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2023)

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1,772	2,350	2,350
	2	Savings and temporary cash investments.........	86,357	64,272	64,272
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	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
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	2,179,125	List of Attached Documents: // Content 2,144,591	2,993,273
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,267,254	2,211,213	3,059,895
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	2,267,254	2,211,213
	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).....	2,267,254	2,211,213
	30	Total liabilities and net assets/fund balances (see instructions).	2,267,254	2,211,213

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

2,267,254

Enter amount from Part I, line 27a .....................

-54,549

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

309

Add lines 1, 2, and 3 ..........................

2,213,014

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

1,801

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

2,211,213

Form 990-PF (2023)

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	145. AT&T INC		2022-06-29	2023-01-10
b	100. AT&T INC		2011-02-16	2023-01-10
c	8. ABBVIE INC		2023-01-10	2023-04-05
d	20. ABBVIE INC		2023-01-10	2023-06-14
e	25. ACADIA HEALTHCARE CO INC.		2023-01-10	2023-04-05
	5. ACADIA HEALTHCARE CO INC.		2023-01-10	2023-06-21
	2. ADOBE SYSTEMS INC		2020-11-25	2023-01-10
	40. ADVANCED MICRO DEVICES INC		2022-03-08	2023-01-10
	15. ADVANCED MICRO DEVICES INC		2022-03-08	2023-04-05
	4. ADVANCED MICRO DEVICES INC		2022-03-08	2023-06-21
	32. ALIBABA GROUP HOLDING LTD. SP ADR		2022-06-29	2023-01-10
	27. ALLSTATE CORP		2011-04-05	2023-01-10
	30. ALPHABET INC CL C		2022-03-08	2023-04-05
	4. ALPHABET INC CL C		2022-03-08	2023-06-14
	18. AMAZON.COM INC		2020-09-21	2023-06-14
	4. AMAZON.COM INC		2020-09-21	2023-06-21
	13. AMETEK INC NEW COMMON		2022-06-29	2023-01-10
	35. ANTERO RESOURCES CORP		2023-01-10	2023-04-05
	10. APPLE COMPUTER		2023-04-05	2023-06-14
	2. APPLE COMPUTER		2023-04-05	2023-06-21
	2. APPLE COMPUTER		2022-03-08	2023-06-21
	40. APPLIED MATERIALS INC		2020-09-21	2023-01-10
	6. ARISTA NETWORKS INC		2023-04-05	2023-06-21
	25. ASTRAZENECA PLC SP ADR		2017-03-27	2023-01-10
	1. ATLANTA BRAVES HOLDINGS INC		2023-01-10	2023-07-28
	.16 ATLANTA BRAVES HOLDINGS INC		2023-04-05	2023-08-08
	40. BAKER HUGHES CO		2020-05-20	2023-01-10
	40. BALL CORP		2023-04-05	2023-06-14
	30. BANK OF AMERICA CORP		2023-01-10	2023-04-05
	90. BANK OF AMERICA CORP		2020-05-20	2023-04-05
	15.949 ISHARES S&P 500 INDEX FUND		2023-01-10	2023-04-05
	2.577 ISHARES S&P 500 INDEX FUND		2023-01-10	2023-06-14
	22.893 ISHARES S&P 500 INDEX FUND		2016-03-24	2023-06-14
	32.393 ISHARES S&P 500 INDEX FUND		2016-03-24	2023-06-21
	1. BERKSHIRE HATHAWAY INC CL B		2011-04-05	2023-01-10
	6. BILL.COM HOLDINGS INC		2022-03-08	2023-01-10
	2. BIOGEN INC.		2023-01-10	2023-04-05
	2. BIOGEN INC.		2023-01-10	2023-06-21
	30. BLACKBAUD INC		2022-03-08	2023-06-21
	633.897 ISHARES MSCI EAFE INTERNATIONAL INDEX F		2022-03-08	2023-01-10
	149.835 ISHARES MSCI EAFE INTERNATIONAL INDEX F		2018-11-16	2023-01-10
	279.25 ISHARES MSCI EAFE INTERNATIONAL INDEX F		2018-11-16	2023-04-05
	109.121 ISHARES MSCI EAFE INTERNATIONAL INDEX F		2023-06-14	2023-06-21
	511.274 ISHARES MSCI EAFE INTERNATIONAL INDEX F		2018-11-16	2023-06-21
	35. CVS CORP COMMON		2020-05-20	2023-01-10
	10. CATALENT INC		2022-03-08	2023-01-10
	16. CATERPILLAR INC		2020-05-20	2023-01-10
	10. CENTENE CORP		2022-07-22	2023-01-10
	30. CENTENE CORP		2022-07-22	2023-04-05
	2. CHEVRONTEXACO CORP		2020-05-20	2023-01-10
	2. COSTCO WHOLESALE CORP		2023-01-10	2023-04-05
	12. CROWDSTRIKE HOLDINGS INC A		2022-06-29	2023-01-10
	6. CROWDSTRIKE HOLDINGS INC A		2021-06-11	2023-01-10
	2. DANAHER CORP		2022-06-29	2023-01-10
	8. DANAHER CORP		2020-09-21	2023-01-10
	6. DANAHER CORP		2020-09-21	2023-06-14
	15. DATADOG INC CLASS A		2022-06-29	2023-06-14
	23.944 DODGE & COX INTERNATIONAL STOCK FUND CLA		2022-07-22	2023-01-10
	36.554 DODGE & COX INTERNATIONAL STOCK FUND CLA		2015-09-28	2023-01-10
	15.301 DODGE & COX INTERNATIONAL STOCK FUND CLA		2023-06-14	2023-06-21
	33.172 DODGE & COX INTERNATIONAL STOCK FUND CLA		2015-09-28	2023-06-21
	12. EOG RESOURCES INC		2023-01-10	2023-04-05
	20. EDWARDS LIFESCIENCES CORP		2022-06-29	2023-01-10
	25. EMBRAER SA ADR		2021-04-14	2023-01-10
	75. EMBRAER SA ADR		2021-04-14	2023-04-05
	10. EXXON MOBIL CORP		2023-04-05	2023-06-21
	646.082 FEDERATED HERMES TOTAL RETURN BOND FUND		2014-09-25	2023-04-05
	754.664 FEDERATED HERMES TOTAL RETURN BOND FUND		2014-09-25	2023-06-21
	1350.599 FEDERATED HERMES TOTAL RETURN BOND FUND		2014-09-25	2023-06-21
	10. FEDEX CORPORATION		2020-05-20	2023-01-10
	20. FIRST REPUBLIC BANK/SAN FRAN		2023-01-10	2023-03-22
	11. FIRST REPUBLIC BANK/SAN FRAN		2020-11-25	2023-03-22
	2. FIRST SOLAR INC		2023-01-10	2023-04-05
	6. FIRST SOLAR INC		2023-01-10	2023-06-14
	10. FIRSTENERGY CORP		2023-01-10	2023-06-21
	4. GENERAL DYNAMICS CORP		2023-01-10	2023-04-05
	2. GENERAL DYNAMICS CORP		2022-06-29	2023-06-21
	50. GENERAL MOTORS CO		2022-03-08	2023-01-10
	25. GILEAD SCIENCES INC		2022-06-29	2023-01-10
	45. GILEAD SCIENCES INC		2017-08-28	2023-01-10
	2. GOLDMAN SACHS GROUP INC		2023-01-10	2023-04-05
	1. GOLDMAN SACHS GROUP INC		2023-01-10	2023-06-21
	33.083 GOLDMAN SACHS INTERNATIONAL SMALL CAP IN		2022-03-09	2023-01-10
	127.82 GOLDMAN SACHS INTERNATIONAL SMALL CAP IN		2022-03-09	2023-04-05
	79.93 GOLDMAN SACHS INTERNATIONAL SMALL CAP IN		2022-03-09	2023-06-21
	155.51 GOLDMAN SACHS INTERNATIONAL SMALL CAP IN		2022-03-09	2023-06-21
	45. INTEL CORP		2020-11-25	2023-01-10
	10. INTERNATIONAL PAPER CO		2018-12-31	2023-01-10
	6. INTUIT COM		2022-03-08	2023-04-05
	2. INTUIT COM		2023-01-10	2023-06-14
	7. INTUIT COM		2022-03-08	2023-06-14
	50.381 JOHN HANCOCK III DISC M/C-IS		2012-09-24	2023-01-10
	60.667 JOHN HANCOCK III DISC M/C-IS		2023-04-05	2023-06-14
	179.409 JOHN HANCOCK III DISC M/C-IS		2023-04-05	2023-06-21
	2. JOHNSON & JOHNSON		2023-06-14	2023-06-21
	2. JOHNSON & JOHNSON		2010-10-06	2023-06-21
	30.103 JPMORGAN EMERG MRKT EQ-I		2021-04-14	2023-01-10
	50.281 JPMORGAN EMERG MRKT EQ-I		2021-04-14	2023-06-21
	.622 PHILIPS ELECTRONICS NY SHR		2023-04-05	2023-05-18
	31. PHILIPS ELECTRONICS NY SHR		2023-04-05	2023-06-21
	6. LPL FINANCIAL HOLDINGS INC		2023-01-10	2023-06-14
	.712 LIBERTY MEDIA CORP - LIBERTY C		2023-08-04	2023-08-16
	1. LIBERTY MEDIA CORP - LIBERTY C		2023-08-04	2023-08-21
	5. LIBERTY MEDIA CORP LIBERTY FORMULA ONE -		2023-04-05	2023-06-14
	5. LIBERTY MEDIA CORP LIBERTY FORMULA ONE -		2023-04-05	2023-06-21
	15. LIVE NATION ENTERTAINMENT INC		2022-06-29	2023-01-10
	25. LIVE NATION ENTERTAINMENT INC		2021-06-11	2023-01-10
	30. LIVE NATION ENTERTAINMENT INC		2022-06-29	2023-04-05
	20. LIVE NATION ENTERTAINMENT INC		2022-07-22	2023-06-14
	15. MGM RESORTS INTERNATIONAL		2022-03-08	2023-01-10
	85. MGM RESORTS INTERNATIONAL		2021-06-11	2023-01-10
	10. MGM RESORTS INTERNATIONAL		2022-03-08	2023-04-05
	15. MGM RESORTS INTERNATIONAL		2022-06-29	2023-06-14
	40. MGM RESORTS INTERNATIONAL		2022-03-08	2023-06-14
	165. MARQETA INC A		2022-03-08	2023-01-10
	3. MARTIN MARIETTA MATERIALS		2023-04-05	2023-06-21
	25. MARVELL TECHNOLOGY INC		2023-01-10	2023-06-14
	8. MCKESSON HBOC INC		2022-06-29	2023-01-10
	6. MCKESSON HBOC INC		2022-06-29	2023-04-05
	2. MCKESSON HBOC INC		2016-03-24	2023-04-05
	4. MCKESSON HBOC INC		2016-03-24	2023-06-21
	12. MICROSOFT CORP		2023-04-05	2023-06-14
	3. MICROSOFT CORP		2020-09-21	2023-06-14
	4. MICROSOFT CORP		2020-09-21	2023-06-21
	10. NATERA INC		2022-07-22	2023-04-05
	10. NATERA INC		2022-07-22	2023-06-21
	2. NETFLIX INC		2023-04-05	2023-06-21
	15. NEWMONT MINING CORP		2023-06-14	2023-06-21
	50. NEXTERA ENERGY INC		2023-01-10	2023-04-05
	5. NVIDIA CORP		2023-04-05	2023-06-14
	12. PALO ALTO NETWORKS INC		2023-01-10	2023-04-05
	23. PAYPAL HOLDINGS INC.		2020-09-21	2023-06-14
	5. PFIZER INC		2023-04-05	2023-06-21
	15. PFIZER INC		2023-01-10	2023-06-21
	20. PDD HOLDINGS INC ADR		2023-01-10	2023-04-05
	26. PIONEER NATURAL RESOURCES CO COMMON		2022-06-29	2023-01-10
	50.472 T ROWE PRICE INSTITUTIONAL EMERGING MARK		2022-03-08	2023-06-21
	14.559 CONGRESS MID CAP GROWTH-INS		2022-06-29	2023-06-14
	179.168 CONGRESS MID CAP GROWTH-INS		2022-06-29	2023-06-21
	10. PROMETHEUS BIOSCIENCES INC		2023-01-10	2023-06-14
	4. QUEST DIAGNOSTICS INC COMMON		2023-01-10	2023-06-21
	4. QUEST DIAGNOSTICS INC COMMON		2020-05-20	2023-06-21
	5. REALTY INCOME CORP		2022-03-08	2023-06-21
	35. REALTY INCOME CORP		2022-06-29	2023-07-11
	30. REATA PHARMACEUTICALS INC-A		2023-01-10	2023-04-05
	25. SHELL PLC NPV ADR		2022-03-08	2023-04-05
	35. SHELL PLC NPV ADR		2021-06-11	2023-06-14
	1. S&P GLOBAL INC		2023-01-10	2023-04-05
	2. S&P GLOBAL INC		2022-06-29	2023-06-14
	15. SANOFI ADR		2022-06-29	2023-06-14
	20. SANOFI ADR		2022-06-29	2023-06-21
	2. SERVICENOW INC.		2023-04-05	2023-06-21
	4. SIGNATURE BANK		2022-03-08	2023-01-10
	6. SIGNATURE BANK		2021-04-14	2023-01-10
	6. SIGNATURE BANK		2022-06-29	2023-03-29
	4. SIGNATURE BANK		2022-03-08	2023-03-29
	16. SNOWFLAKE INC-CLASS A		2023-01-10	2023-04-05
	1. SOLAREDGE TECHNOLOGIES INC		2022-03-08	2023-01-10
	6. SOLAREDGE TECHNOLOGIES INC		2022-06-29	2023-04-05
	5. SOLAREDGE TECHNOLOGIES INC		2022-03-08	2023-04-05
	10. STARBUCKS CORP		2020-05-20	2023-01-10
	5. STARBUCKS CORP		2020-05-20	2023-06-21
	10. TAKE-TWO INTERACTIVE SOFTWARE		2022-06-29	2023-01-10
	10. TESLA INC.		2022-03-08	2023-01-10
	8. TESLA INC.		2022-03-08	2023-06-14
	5. THE TRADE DESK, INC. CL A		2023-01-10	2023-04-05
	5. THE TRADE DESK, INC. CL A		2023-01-10	2023-06-14
	5. THE TRADE DESK, INC. CL A		2023-01-10	2023-06-21
	3. TRANSDIGM GROUP INC		2023-01-10	2023-04-05
	5. TYSON FOODS INC CL A		2020-09-21	2023-01-10
	15. TYSON FOODS INC CL A		2023-04-05	2023-06-09
	25. TYSON FOODS INC CL A		2020-09-21	2023-06-09
	15. US BANCORP		2016-03-24	2023-06-21
	50. UBER TECHNOLOGIES INC		2022-03-08	2023-06-14
	45. UNILEVER PLC SPONSORED ADR		2020-05-20	2023-01-10
	3. UNITEDHEALTH GROUP INC		2022-03-08	2023-01-10
	9. UNITEDHEALTH GROUP INC		2022-03-08	2023-04-05
	8. VAIL RESORTS INC		2023-01-10	2023-04-05
	299.685 VANGUARD TOTAL INTL ST INDEX FUND-ADM		2022-03-08	2023-01-10
	56.856 VANGUARD TOTAL INTL ST INDEX FUND-ADM		2023-06-14	2023-06-21
	195.195 VANGUARD TOTAL INTL ST INDEX FUND-ADM		2022-03-08	2023-06-21
	104.596 VANGUARD S/T BND INDX-ADM		2023-01-10	2023-04-05
	14804.474 VANGUARD S/T BND INDX-ADM		2022-03-08	2023-04-05
	10. VANGUARD LONG-TERM CORP BOND		2023-04-05	2023-06-21
	10. VENTAS INC		2022-03-08	2023-01-10
	50. VENTAS INC		2021-04-14	2023-01-10
	78.074 VANGUARD TOTL STK MKT IND-AD		2023-01-10	2023-04-05
	56.27 VANGUARD TOTL STK MKT IND-AD		2023-01-10	2023-06-14
	120.332 VANGUARD TOTL STK MKT IND-AD		2014-05-09	2023-06-14
	203.891 VANGUARD TOTL STK MKT IND-AD		2014-05-09	2023-06-21
	.333 VERALTO CORP		2020-09-21	2023-10-11
	3. VERALTO CORP		2020-09-21	2023-10-19
	4. VISA INC CL A SHARES		2022-06-29	2023-01-10
	4. VISA INC CL A SHARES		2010-08-04	2023-01-10
	2. VISA INC CL A SHARES		2010-08-04	2023-06-14
	2. VISA INC CL A SHARES		2010-08-04	2023-06-21
	15. WABTEC CORPORATION		2023-01-10	2023-06-14
	2. WAL-MART STORES INC		2023-04-05	2023-06-21
	60. WARNER BROS DISCOVERY INC		2022-06-29	2023-04-05
	37. WARNER BROS DISCOVERY INC		2022-03-08	2023-04-05
	20. WARNER BROS DISCOVERY INC		2022-06-29	2023-06-21
	328.382 ALLSPRING ADVANTAGE INTERNATIONAL EQUITY		2022-03-08	2023-01-10
	52.745 ALLSPRING ADVANTAGE INTERNATIONAL EQUITY		2015-09-28	2023-01-10
	204.861 ALLSPRING ADVANTAGE INTERNATIONAL EQUITY		2023-06-14	2023-06-21
	3951.369 ALLSPRING ADVANTAGE INTERNATIONAL EQUITY		2022-07-22	2023-11-03
	65. WEYERHAEUSER CO		2020-05-20	2023-01-10
	20. YUM CHINA HOLDING, INC.		2022-07-22	2023-01-10
	20. CAPRI HOLDINGS LTD		2022-03-08	2023-01-10
	4. EATON CORP PLC		2023-01-10	2023-04-05
	22. EATON CORP PLC		2022-03-08	2023-04-05
	8. EATON CORP PLC		2022-03-08	2023-06-14
	6. EATON CORP PLC		2021-04-14	2023-06-21
	5. MEDTRONIC PLC		2020-05-20	2023-01-10
	2. CHUBB LTD		2022-06-29	2023-06-21
	2. CHUBB LTD		2022-06-29	2023-06-21
	6. TE CONNECTIVITY LTD		2022-06-29	2023-01-10
	10. TE CONNECTIVITY LTD		2016-03-24	2023-01-10
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,798	2,859	-61
b	1,929	2,165	-236
c	1,291	1,280	11
d	2,725	3,131	-406
e	1,819	2,013	-194
	364	413	-49
	677	853	-176
	2,699	4,231	-1,532
	1,390	1,587	-197
	474	423	51
	3,675	3,685	-10
	3,807	861	2,946
	3,147	3,556	-409
	494	512	-18
	2,260	2,613	-353
	502	581	-79
	1,855	1,428	427
	834	1,005	-171
	1,832	1,632	200
	370	326	44
	370	316	54
	4,287	2,282	2,005
	921	982	-61
	1,788	794	994
	39	36	3
	6	7	-1
	1,219	618	601
	2,171	2,187	-16
	827	1,024	-197
	2,481	2,066	415
	7,648	7,329	319
	1,325	1,184	141
	11,773	5,603	6,170
	16,637	7,928	8,709
	316	82	234
	590	1,105	-515
	569	560	9
	586	560	26
	2,126	1,718	408
	8,767	8,564	203
	2,072	1,942	130
	4,032	3,619	413
	1,626	1,629	-3
	7,618	6,626	992
	3,174	2,218	956
	479	938	-459
	3,978	1,874	2,104
	762	902	-140
	1,980	2,707	-727
	350	184	166
	995	1,006	-11
	1,122	1,955	-833
	561	1,378	-817
	530	507	23
	2,120	1,634	486
	1,434	1,226	208
	1,443	1,461	-18
	1,085	1,015	70
	1,657	1,320	337
	729	729
	1,581	1,198	383
	1,432	1,523	-91
	1,537	1,914	-377
	285	280	5
	1,165	839	326
	1,023	1,164	-141
	6,306	7,146	-840
	7,184	8,347	-1,163
	12,858	14,938	-2,080
	1,871	1,165	706
	303	2,587	-2,284
	166	1,228	-1,062
	404	330	74
	1,156	989	167
	391	414	-23
	918	987	-69
	430	440	-10
	1,828	2,036	-208
	2,162	1,537	625
	3,891	3,293	598
	641	712	-71
	328	356	-28
	368	403	-35
	1,471	1,558	-87
	934	974	-40
	1,818	1,896	-78
	1,315	2,670	-1,355
	371	379	-8
	2,635	2,595	40
	884	774	110
	3,095	2,842	253
	1,273	655	618
	1,549	1,480	69
	4,595	4,376	219
	327	323	4
	327	126	201
	893	1,303	-410
	1,497	2,176	-679
	12	11	1
	625	524	101
	1,229	1,346	-117
	24	21	3
	34	30	4
	389	364	25
	389	364	25
	1,073	1,363	-290
	1,788	2,125	-337
	2,056	2,504	-448
	1,735	1,710	25
	570	568	2
	3,229	3,638	-409
	430	378	52
	652	438	214
	1,739	1,540	199
	1,040	1,632	-592
	1,291	1,010	281
	1,543	912	631
	3,058	2,631	427
	2,238	1,974	264
	746	308	438
	1,646	616	1,030
	4,027	2,962	1,065
	1,007	601	406
	1,344	801	543
	531	445	86
	520	445	75
	865	685	180
	642	632	10
	3,925	4,183	-258
	2,108	1,339	769
	2,333	1,605	728
	1,459	4,186	-2,727
	195	210	-15
	585	717	-132
	1,440	1,883	-443
	6,005	5,906	99
	1,685	1,850	-165
	357	358	-1
	4,382	4,402	-20
	1,995	1,099	896
	552	608	-56
	552	459	93
	301	325	-24
	2,081	2,334	-253
	2,779	1,184	1,595
	1,493	1,264	229
	2,066	1,380	686
	345	352	-7
	785	668	117
	759	793	-34
	1,068	1,057	11
	1,115	937	178
	451	1,136	-685
	676	1,374	-698
	2	1,100	-1,098
	1	1,136	-1,135
	2,350	2,168	182
	282	326	-44
	1,680	1,572	108
	1,400	1,629	-229
	1,056	773	283
	503	386	117
	1,054	1,253	-199
	1,161	2,747	-1,586
	2,041	2,198	-157
	291	220	71
	382	220	162
	380	220	160
	2,168	1,950	218
	327	303	24
	759	905	-146
	1,265	1,513	-248
	504	611	-107
	2,046	1,555	491
	2,291	2,318	-27
	1,453	1,427	26
	4,600	3,556	1,044
	1,861	1,883	-22
	8,736	8,946	-210
	1,715	1,744	-29
	5,889	5,827	62
	1,053	1,040	13
	149,081	158,106	-9,025
	777	807	-30
	476	572	-96
	2,382	2,765	-383
	7,697	7,434	263
	5,956	5,358	598
	12,736	5,690	7,046
	21,537	9,641	11,896
	25	24	1
	215	214	1
	880	797	83
	880	73	807
	448	36	412
	452	36	416
	1,523	1,505	18
	308	300	8
	886	789	97
	546	962	-416
	243	263	-20
	3,839	3,760	79
	617	565	52
	2,483	2,401	82
	45,954	41,581	4,373
	1,978	1,270	708
	1,191	923	268
	1,232	940	292
	629	644	-15
	3,461	3,238	223
	1,538	1,163	375
	1,160	839	321
	395	488	-93
	386	389	-3
	386	389	-3
	736	679	57
	1,226	608	618
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381
			10,381

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			-61
b			-236
c			11
d			-406
e			-194
			-49
			-176
			-1,532
			-197
			51
			-10
			2,946
			-409
			-18
			-353
			-79
			427
			-171
			200
			44
			54
			2,005
			-61
			994
			3
			-1
			601
			-16
			-197
			415
			319
			141
			6,170
			8,709
			234
			-515
			9
			26
			408
			203
			130
			413
			-3
			992
			956
			-459
			2,104
			-140
			-727
			166
			-11
			-833
			-817
			23
			486
			208
			-18
			70
			337

			383
			-91
			-377
			5
			326
			-141
			-840
			-1,163
			-2,080
			706
			-2,284
			-1,062
			74
			167
			-23
			-69
			-10
			-208
			625
			598
			-71
			-28
			-35
			-87
			-40
			-78
			-1,355
			-8
			40
			110
			253
			618
			69
			219
			4
			201
			-410
			-679
			1
			101
			-117
			3
			4
			25
			25
			-290
			-337
			-448
			25
			2
			-409
			52
			214
			199
			-592
			281
			631
			427
			264
			438
			1,030
			1,065
			406
			543
			86
			75
			180
			10
			-258
			769
			728
			-2,727
			-15
			-132
			-443
			99
			-165
			-1
			-20
			896
			-56
			93
			-24
			-253
			1,595
			229
			686
			-7
			117
			-34
			11
			178
			-685
			-698
			-1,098
			-1,135
			182
			-44
			108
			-229
			283
			117
			-199
			-1,586
			-157
			71
			162
			160
			218
			24
			-146
			-248
			-107
			491
			-27
			26
			1,044
			-22
			-210
			-29
			62
			13
			-9,025
			-30
			-96
			-383
			263
			598
			7,046
			11,896
			1
			1
			83
			807
			412
			416
			18
			8
			97
			-416
			-20
			79
			52
			82
			4,373
			708
			268
			292
			-15
			223
			375
			321
			-93
			-3
			-3
			57
			618

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	48,813
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 ...................		3

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	1,244
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	1,244
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	1,244
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	1,392
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	1,392
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	148
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax148	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ (2) On foundation managers. right arrow

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

The books are in care of right arrow

BANK OF HAWAII Telephone no. right arrow

(808) 694-4122

Located at right arrow

130 MERCHANT STREETHONOLULUHI ZIP+4 right arrow

96813

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

16 At any time during calendar year 2023, 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

Form 990-PF (2023)

Page 5

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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 2023? .............

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)):

At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2023?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2023 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 2023.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2023? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
BANK HAWAII	TRUSTEE 1	27,459
PO BOX 3170 HONOLULU,HI96802	TRUSTEE 1	27,459

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
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2023)

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
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

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


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 arrow

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

2,851,712

Average of monthly cash balances.......................

39,006

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

2,890,718

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

2,890,718

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

43,361

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

2,847,357

Minimum investment return. Enter 5% (0.05) of line 5................

142,368

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.)

Minimum investment return from Part IX, line 6..................

142,368

Tax on investment income for 2022 from Part V, line 5.......

1,244

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

1,244

Distributable amount before adjustments. Subtract line 2c from line 1............

141,124

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

141,124

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

141,124

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

143,480

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

143,480

Form 990-PF (2023)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2022	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7					141,124
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				74,476
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	0
b From 2019......	0
c From 2020......	0
d From 2021......	0
e From 2022......	0
f Total of lines 3a through e ........		0
4Qualifying distributions for 2023 from Part
XI, line 4: $ 143,480
a Applied to 2022, but not more than line 2a				74,476
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 2023 distributable amount.....					69,004
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2023.		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 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					72,120
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 2018 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2019....	0
b Excess from 2020....	0
c Excess from 2021....	0
d Excess from 2022....	0
e Excess from 2023....	0

Form 990-PF (2023)

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 2023, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

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) 2023	(b) 2022	(c) 2021	(d) 2020	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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 (2023)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
UNIVERSITY OF HAWAII OFFICE OF RESEARCH SERVICES HONOLULU,HI96822	NONE	PC	RESEARCH SERVICES	120,000
Total ................................. 3a				120,000

bApproved for future payment

Total ................................. 3b

Form 990-PF (2023)

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	(e) Related or exempt function income (See instructions.)
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 ...........
4 Dividends and interest from securities ....			14	66,786
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 .....
8 Gain or (loss) from sales of assets other than inventory ............			18	48,813
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				115,599

13Total. Add line 12, columns (b), (d), and (e)..................

115,599

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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 (2023)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER NON-ALLOCABLE EXPENSE -	8,150	0		8,150
OTHER EXPENSE (NON-DEDUCTIBLE	7	7		0

Category	Amount	Net Investment Income
FOREIGN TAXES	45	45
FEDERAL ESTIMATES - INCOME	573	0
FOREIGN TAXES ON QUALIFIED FOR	1,333	1,333
FOREIGN TAXES ON NONQUALIFIED	239	239