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
GRATIS FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)655 NEW YORK AVE NW
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20001

A Employer identification number

26-3639918

B Telephone number (see instructions)

(202) 414-1000

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

$16,677,991J 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...	382,572		382,572
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		484,283
b	Gross sales price for all assets on line 6a 4,636,672
7	Capital gain net income (from Part IV, line 2)...			484,283
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......	List of Attached Documents: // Content	294	294	0
12	Total. Add lines 1 through 11........	867,149		867,149	0
13	Compensation of officers, directors, trustees, etc.	0		0	0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	124,293	124,293	0	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	14,852	4,852	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	39,977	0	0	39,977
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	179,122		129,145	0	39,977
25	Contributions, gifts, grants paid.......	1,000,000				1,000,000
26	Total expenses and disbursements. Add lines 24 and 25	1,179,122		129,145	0	1,039,977
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-311,973
b	Net investment income (if negative, enter -0-)			738,004
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.............	14,685
	2	Savings and temporary cash investments.........	727,759	880,561	880,561
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	2,608,910	List of Attached Documents: // Content 2,269,861	2,137,486
	b	Investments—corporate stock (attach schedule).......	6,570,552	List of Attached Documents: // Content 6,652,314	9,633,456
	c	Investments—corporate bonds (attach schedule).......	1,790,382	List of Attached Documents: // Content 1,768,815	1,668,433
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	2,199,476	List of Attached Documents: // Content 2,026,956	2,358,055
	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)	13,911,764	13,598,507	16,677,991
	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	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........	13,911,764	13,598,507
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	0	0
	29	Total net assets or fund balances (see instructions).....	13,911,764	13,598,507
	30	Total liabilities and net assets/fund balances (see instructions).	13,911,764	13,598,507

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

13,911,764

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

-311,973

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

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

13,599,791

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

1,284

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

13,598,507

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	PUBLICALLY TRADED SECURITIES		2023-01-01	2023-12-31
b	CAPITAL GAINS DIVIDENDS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,592,783	4,152,389	440,394
b	43,889		43,889
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			440,394
b			43,889
c
d
e

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	484,283
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	0

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	10,258
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	10,258
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	10,258
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	20,240
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	0

7	Total credits and payments. Add lines 6a through 6d..............		7	20,240
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	9,982
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax9,982	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

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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

N/A

The books are in care of right arrow

PWC US TAX LLP Telephone no. right arrow

(202) 414-1000

Located at right arrow

655 NEW YORK AVE NWWASHINGTONDC ZIP+4 right arrow

20001

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)

(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
MARY SANDRA ZACCARIA	DIRECTOR 1.00	0	0	0
C/O PWC 655 NEW YORK AVE NW WASHINGTON,DC20001	DIRECTOR 1.00	0	0	0
JUSTIN ZACCARIA	PRES/SECTY/TREAS 1.00	0	0	0
C/O PWC 655 NEW YORK AVE NW WASHINGTON,DC20001	PRES/SECTY/TREAS 1.00	0	0	0

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

15,242,294

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

808,071

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

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

16,050,365

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

16,050,365

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

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

240,755

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

15,809,610

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

790,481

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

790,481

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

10,258

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

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

10,258

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

780,223

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

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

780,223

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

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

780,223

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 ..........

1,039,977

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. .......

1,039,977

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					780,223
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	51,288
b From 2019......	219,103
c From 2020......	215,236
d From 2021......	165,702
e From 2022......	227,842
f Total of lines 3a through e ........		879,171
4Qualifying distributions for 2023 from Part
XI, line 4: $ 1,039,977
a Applied to 2022, but not more than line 2a				0
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.....					780,223
e Remaining amount distributed out of corpus		259,754
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		1,138,925
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 ..........					0
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) ...		51,288
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		1,087,637
10 Analysis of line 9:
a Excess from 2019....	219,103
b Excess from 2020....	215,236
c Excess from 2021....	165,702
d Excess from 2022....	227,842
e Excess from 2023....	259,754

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 e-mail address of the person to whom applications should be addressed:

WELLS FARGO PHILANTHROPIC SERVICES
WWWWELLSFARGOCOM/PRIVATE-FOUNDATION
GRATIS-FOUNDATION
WINSTON SALEM,NC27101
(888) 235-4351

bThe form in which applications should be submitted and information and materials they should include:

HTTPS://WWW.WELLSFARGO.COM/PRIVATE-FOUNDATIONS/GRATIS-FOUNDATION APPLICATION MUST BE SUBMITTED THROUGH THE ONLINE GRANT APPLICATION FORM.

cAny submission deadlines:

JANUARY 31ST, MAY 31ST AND SEPTEMBER 30TH

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

THE FOUNDATION DOES NOT ACCEPT GRANTS THAT WOULD BE PAYABLE TO, OR FOR THE BENEFIT OF, SPECIFIC INDIVIDUALS. THE FOUNDATION SUPPORTS PROGRAMS IN THE FIELDS OF EDUCATION, HEALTH CARE AND MEDICAL RESEARCH, HUMANITARIAN SERVICES, ABUSED AND NEGLECTED CHILDREN, AND ASSISTING U.S. MILITARY PERSONNEL AND THEIR FAMILIES.

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
A WIDER CIRCLE INC 10325 KENSINGTON PARKWAY 70 KENSINGTON,MD20895	NONE	PC	GENERAL USE	10,000
AID TO VICTIMS OF DOMESTIC ABUSE INC PO BOX 6161 DELRAY BEACH,FL33482	NONE	PC	GENERAL USE	10,000
AMERICAN HUMANE ASSOCIATION 1400 16TH NW ST STE 360 WASHINGTON,DC20036	NONE	PC	GENERAL USE	10,000
AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS 520 8TH AVENUE 7TH FLOOR NEW YORK,NY10018	NONE	PC	GENERAL USE	10,000
ARCHDIOCESE FOR THE MILITARY SERVICES USA PO BOX 4469 WASHINGTON,DC20017	NONE	PC	GENERAL USE	5,000
BOSTON WOMENS FUND INC 678 MASSACHUSETTS AVE 700 CAMBRIDGE,MA02139	NONE	PC	GENERAL USE	5,000
BOYS AND GIRLS CLUBS OF DORCHESTER INC 1135 DORCHESTER AVENUE DORCHESTER,MA02125	NONE	PC	GENERAL USE	7,500
CANCER RESEARCH INSTITUTE INC 9776 BONITA BEACH RD SE STE 201A BONITA SPRINGS,FL341354775	NONE	PC	GENERAL USE	15,000
CANINE COMPANIONS FOR INDEPENDENCE 8150 CLARCONA OCOEE RD ORLANDO,FL32818	NONE	PC	GENERAL USE	15,000
CAPE COD TIMES NEEDY FUND INC PO BOX 804 HYANNIS,MA02601	NONE	PC	GENERAL USE	20,000
CASA MYRNA VAZQUEZ INC 451 BLUE HILL AVENUE BOSTON,MA02121	NONE	PC	GENERAL USE	10,000
CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON INC 924 G ST WASHINGTON,DC20001	NONE	PC	GENERAL USE	5,000
CATHOLIC FOUNDATION OF SOUTHEASTERN MASSACHUSETTS 450 HIGHLAND AVENUE FALL RIVER,MA02720	NONE	PC	GENERAL USE	5,000
CHILDRENS HOSPITAL CORPORATION 401 PARK DRIVE SUITE 602 BOSTON,MA02115	NONE	PC	GENERAL USE	25,000
CLINICS CAN HELP INC 2560 WESTGATE AVE WEST PALM BEACH,FL33409	NONE	PC	GENERAL USE	5,000
COMMUNITY REACH OF MONTGOMERY COUNTY INC 8 W MIDDLE LN ROCKVILLE,MD20850	NONE	PC	GENERAL USE	5,000
CRISTO REY BOSTON HIGH SCHOOL INC 100 SAVIN HILL AVE DORCHESTER,MA02125	NONE	PC	GENERAL USE	5,000
DARBSTER FOUNDATION INC 1226 OMAR ROAD WEST PALM BEACH,FL33405	NONE	PC	GENERAL USE	5,000
DC127 INC 1225 OTIS ST WASHINGTON,DC20017	NONE	PC	GENERAL USE	5,000
DIRECT RELIEF 6100 WALLACE BECKNELL ROAD SANTA BARBARA,CA93117	NONE	PC	GENERAL USE	20,000
DUKE UNIVERSITY PO BOX 90581 DURHAM,NC27708	NONE	PC	GENERAL USE	200,000
ELDER SERVICES OF CAPE COD 68 ROUTE 134 SOUTH DENNIS,MA02660	NONE	PC	GENERAL USE	7,500
FISHER HOUSE FOUNDATION INC 12300 TWINBROOK PKWY ROCKVILLE,MD20852	NONE	PC	GENERAL USE	25,000
FOUND IN TRANSLATION INC 1532B DORCHESTER AVE BOSTON,MA02122	NONE	PC	GENERAL USE	5,000
FRIENDS OF THE CHILDREN-BOSTON INC 184 DUDLEY STREET SUITE 100 ROXBURY,MA02119	NONE	PC	GENERAL USE	10,000
GRANDMAS PLACE INC 184 SPARROW DRIVE ROYAL PALM BEACH,FL33411	NONE	PC	GENERAL USE	7,500
GREATER DC DIAPER BANK 5614 CONNECTICUT AVE NW 285 WASHINGTON,DC200152604	NONE	PC	GENERAL USE	10,000
HIRE HEROES USA 13010 MORRIS ROAD SUITE 175 ALPHARETTA,GA30004	NONE	PC	GENERAL USE	15,000
HOMELESS COALITION OF PALM BEACH COUNTY INC 810 DATURA ST WEST PALM BEACH,FL33401	NONE	PC	GENERAL USE	5,000
HORIZONS FOR HOMELESS CHILDREN INC 1785 COLUMBUS AVE ROXBURY,MA02119	NONE	PC	GENERAL USE	10,000
HUMANE SOCIETY OF THE UNITED STATES 700 PROFESSIONAL DRIVE GAITHERSBURG,MD20879	NONE	PC	GENERAL USE	10,000
INTERNATIONAL RESCUE COMMITTEE 122 EAST 42ND STREET FLOOR 12 NEW YORK,NY101681289	NONE	PC	GENERAL USE	20,000
JANE DOE INC PO BOX 960849 BOSTON,MA02196	NONE	PC	GENERAL USE	7,500
K9S FOR WARRIORS INC 114 CAMP K9 ROAD PONTE VEDRA,FL32081	NONE	PC	GENERAL USE	7,500
LOGGERHEAD MARINELIFE CENTER INC 14200 US-1 JUNO BEACH,FL33408	NONE	PC	GENERAL USE	5,000
LOYOLA UNIVERSITY MARYLAND INC 4501 N CHARLES STREET BALTIMORE,MD21210	NONE	PC	GENERAL USE	15,000
MAKE-A-WISH MID-ATLANTIC 6555 ROCK SPRING DR 280 BETHESDA,MD20817	NONE	PC	GENERAL USE	10,000
MARTHAS TABLE PO BOX 70970 WASHINGTON,DC20024	NONE	PC	GENERAL USE	10,000
MASS GENERAL BRIGHAM INCORPORATED - NEWTON WELLESLEY HOSPITAL 2014 WASHINGTON ST NEWTON,MA02462	NONE	PC	GENERAL USE	50,000
MASS GENERAL BRIGHAM INCORPORATED 243 CHARLES ST BOSTON,MA02114	NONE	PC	GENERAL USE	50,000
MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC 19 NEEDHAM STREET NEWTON,MA02461	NONE	PC	GENERAL USE	10,000
MASSACHUSETTS SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS 350 S HUNTINGTON AVE BOSTON,MA021304803	NONE	PC	GENERAL USE	5,000
MEDICAL TEAMS INTERNATIONAL POST OFFICE BOX 4288 PORTLAND,OR97208	NONE	PC	GENERAL USE	15,000
MERCY FLIGHT SOUTHEAST INC (MFSE) 8864 AIRPORT BLVD LEESBURG,FL34788	NONE	PC	GENERAL USE	5,000
MERCY MEDICAL ANGELS 4620 HAYGOOD ROAD VIRGINIA BEACH,VA23455	NONE	PC	GENERAL USE	10,000
MERCY SHIPS P O BOX 2020 LINDALE,TX75771	NONE	PC	GENERAL USE	20,000
NATIONAL ACADEMY OF ENGINEERING FUND 500 FIFTH STREET NW WASHINGTON,DC20001	NONE	PC	GENERAL USE	15,000
PAWS FOR PURPLE HEARTS 5550 OBERLIN 5550 OBERLIN DRIVE SUITE B SAN DIEGO,CA92121	NONE	PC	GENERAL USE	15,000
PERKINS SCHOOL FOR THE BLIND 175 NORTH BEACON STREET WATERTOWN,MA02472	NONE	PC	GENERAL USE	10,000
REACH BEYOND DOMESTIC VIOLENCE INC PO BOX 540024 WALTHAM,MA02454	NONE	PC	GENERAL USE	7,500
SAVE THE CHILDREN FEDERATION INC 501 KINGS HWY E STE 400 FAIRFIELD,CT068254861	NONE	PC	GENERAL USE	10,000
SECOND CHANCE ANIMAL RESCUE OF MARTHA'S VINEYARD 25 JUNE AVE VINEYARD HAVEN,MA02568	NONE	PC	GENERAL USE	2,500
SHRINERS HOSPITALS FOR CHILDREN 3551 N BROAD STREET PHILADELPHIA,PA19140	NONE	PC	GENERAL USE	25,000
ST JOHN THE EVANGELIST PARISH POST OFFICE BOX 1558 POCASSET,MA025591558	NONE	PC	GENERAL USE	5,000
ST JUDE CHILDRENS RESEARCH HOSPITAL INC 501 ST JUDE PL MEMPHIS,TN38105	NONE	PC	GENERAL USE	25,000
ST JULIA PARISH 374 BOSTON POST ROAD WESTON,MA02493	NONE	PC	GENERAL USE	5,000
ST LUCY CHURCH 3510 SOUTH OCEAN BOULEVARD HIGHLAND BEACH,FL33487	NONE	PC	GENERAL USE	5,000
ST LUKE CATHOLIC CHURCH 7001 GEORGETOWN PIKE MCLEAN,VA22101	NONE	PC	GENERAL USE	10,000
ST MARYS CENTER FOR WOMEN AND CHILDREN 90 CUSHING AVE DORCHESTER,MA02125	NONE	PC	GENERAL USE	7,500
ST RAPHAEL CATHOLIC CHURCH 1513 DUNSTER ROAD ROCKVILLE,MD20854	NONE	PC	GENERAL USE	5,000
THE BOGGY CREEK GANG INC 30500 BRANTLEY BRANCH ROAD EUSTIS,FL32736	NONE	PC	GENERAL USE	5,000
THE FAMILY PLACE INC 3309 16TH ST NW WASHINGTON,DC200102201	NONE	PC	GENERAL USE	5,000
THE POSSE FOUNDATION INC 1319 F ST NW 604 WASHINGTON,DC20004	NONE	PC	GENERAL USE	5,000
THRIVE SCHOLARS 75 FEDERAL STREET BOSTON,MA02110	NONE	PC	GENERAL USE	30,000
UNITED SERVICE ORGANIZATIONS INC 2111 WILSON BOULEVARD ARLINGTON,VA22201	NONE	PC	GENERAL USE	15,000
UNITED STATES FUND FOR UNICEF 125 MAIDEN LANE NEW YORK,NY10038	NONE	PC	GENERAL USE	15,000
UNITED STATES MERCHANT MARINE ACADEMY ALUMNI ASSOCIATION AND FOU 8 ELMRIDGE ROAD KINGS POINT,NY110241306	NONE	PC	GENERAL USE	15,000
VIETNAM VETERANS WORKSHOP INC 17 COURT ST BOSTON,MA02108	NONE	PC	GENERAL USE	5,000
VITA NOVA INC 2724 N AUSTRALIAN AVE WEST PALM BEACH,FL334074501	NONE	PC	GENERAL USE	7,500
WOMENS LUNCH PLACE INC P O BOX 170900 BOSTON,MA02117	NONE	PC	GENERAL USE	7,500
Total ................................. 3a				1,000,000

bApproved for future payment

Total ................................. 3b				0

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	382,572
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	294
8 Gain or (loss) from sales of assets other than inventory ............			18	484,283
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) ..		0		867,149	0

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

867,149

(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.)
1	N/A

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

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

GRATIS FOUNDATION

EIN:

26-3639918

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC	54,813	49,095
ALLY FINANCIAL INC	36,650	35,030
AT&T INC	51,408	43,834
BLACKROCK INC	73,480	67,244
BOEING CO	44,421	44,775
BROOKFIELD FINANCE INC	45,927	37,958
CAPITAL ONE FINANCIAL CO	33,869	33,371
CHARLES SCHWAB CORP	78,935	70,329
CITIGROUP INC	115,889	105,846
CME GROUP INC	34,496	35,558
COMCAST CORP	47,071	40,977
CVS HEALTH CORP	23,032	19,661
DOW CHEMICAL CO/THE	44,317	38,508
FIDELITY NATL INFO SERV	44,623	40,121
GENERAL MOTORS FINL CO	49,786	46,261
GOLDMAN SACHS GROUP INC	40,840	41,082
HONEYWELL INTERNATIONAL	40,190	41,844
INTEL CORP	53,788	57,457
JPMORGAN CHASE & CO	39,107	39,159
KEURIG DR PEPPER INC	33,323	33,680
KEYCORP	46,859	40,516
MARSH & MCLENNAN COS INC	33,440	34,826
MCDONALD'S CORP	33,637	35,974
MORGAN STANLEY	55,846	48,475
ORACLE CORP	50,993	46,644
PEPSICO INC	101,350	96,674
PFIZER INVESTMENT ENTER	39,411	39,887
PROCTER & GAMBLE CO/THE	99,635	96,608
ROSS STORES INC	50,843	49,255
STATE STREET CORP	51,665	49,191
STRYKER CORP	35,123	34,707
TOYOTA MOTOR CREDIT CORP	149,340	144,569
VERIZON COMMUNICATIONS	34,708	29,317

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

GRATIS FOUNDATION

EIN:

26-3639918

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AIRBNB INC	18,519	18,243
AMAZON COM INC COM	58,659	212,716
CHOICE HOTELS INTL INC	2,829	10,424
COLUMBIA SPORTSWEAR CO COM	4,333	10,738
COMCAST CORP CLASS A	41,583	98,356
DORMAN PRODUCTS INC	7,349	15,347
FRONTDOOR INC	4,204	6,023
HOME DEPOT INC	35,191	38,121
LOWES COS INC	51,466	69,436
LULULEMON ATHLETICA INC	12,787	51,129
MARRIOTT INTERNATIONAL INC CLASS A	47,887	69,006
MARRIOTT VACATIONS WORLDWIDE C	11,126	5,688
MOBILEYE GLOBAL INC	6,766	7,104
MONRO INC	5,853	4,900
NETFLIX INC	38,829	61,347
NIKE INC CL B	11,762	19,434
O'REILLY AUTOMOTIVE INC	20,855	28,502
SALLY BEAUTY CO INC	3,282	4,608
TARGET CORP	65,451	60,813
TESLA, INC	3,287	94,422
TJX COMPANIES INC	17,597	27,393
UNIFIRST CORP MASS	3,848	7,133
WINMARK CORP	6,010	8,351
CENTRAL GARDEN & PET CO COM	4,964	8,469
COSTCO WHOLESALE CORP	5,749	58,087
INTER PARFUMS INC	9,652	31,826
J & J SNACK FOODS CORP	5,856	15,711
KENVUE INC	55,441	51,844
LANCASTER COLONY CORP	3,008	5,491
PEPSICO INC	35,271	42,970
SPROUTS FARMERS MARKETS LLC	4,115	7,553
CHEVRON CORP	44,711	46,538
CONOCOPHILLIPS	50,890	96,454
PIONEER NAT RES CO COM	6,407	17,541
AMERICAN EXPRESS CO	62,849	72,126
ARTISAN PARTNERS ASSET MANAGEM	4,592	11,487
CBIZ INC	10,332	22,094
CIGNA GROUP/THE	58,845	104,209
CITIGROUP INC.	39,872	40,638
COLUMBIA BANKING SYSTEM INC	3,177	4,829
GOLDMAN SACHS GROUP	19,369	23,532
HAMILTON LANE INC	8,310	13,840
HOULIHAN LOKEY INC	3,813	9,593
JPMORGAN CHASE & CO	25,138	112,776
KKR & CO. INC.	42,318	55,178
MARSH & MCLENNAN COS INC	27,260	57,978
MOODYS CORP	24,770	29,683
MORGAN STANLEY	52,752	63,317
NASDAQ, INC	17,793	50,582
PINNACLE FINL PARTNERS INC	1,830	4,710
PNC FINANCIAL SERVICES GROUP	29,280	35,925
PROGRESSIVE CORP OHIO	46,654	79,799
RLI CORP COM	2,418	11,581
SELECTIVE INS GROUP INC	16,789	23,179
SOUTH STATE CORP	5,428	6,080
WESTAMERICA BANCORPORATION	4,545	5,810
ABBVIE INC	43,150	45,096
ELI LILLY & CO COM	34,182	99,096
ENOVIS CORP	6,216	5,770
ENVISTA HOLDINGS CORP	3,296	3,441
ICU MED INC COM	15,388	10,273
INTEGRA LIFESCIENCES HOLDING	11,773	11,541
INTUITIVE SURGICAL INC	30,310	36,098
JOHNSON & JOHNSON	18,498	48,119
MCKESSON CORP	24,226	79,633
MERIT MEDICAL SYSTEMS INC	7,566	8,280
NATIONAL RESEARCH CORP	11,835	10,206
OMNICELL INC	3,283	2,220
PATTERSON COS INC COM	3,278	4,780
PFIZER INC	103,800	67,628
UNITEDHEALTH GROUP INC	42,765	48,435
VERTEX PHARMACEUTICALS INC	28,008	36,213
AAON INC	341	5,762
ALAMO GROUP INC COM	6,302	13,242
BEACON ROOFING SUPPLY INC COM	11,036	28,107
BOEING CO	24,151	27,630
CSW INDUSTRIALS INC	6,806	8,711
EXPONENT INC COM	852	10,301
FORWARD AIR CORP COM	7,742	10,059
FTI CONSULTING INC COM	5,378	12,746
GENERAL DYNAMICS CORP	61,398	70,371
HONEYWELL INTERNATIONAL INC	16,887	68,156
HURON CONSULTING GROUP INC	8,573	16,654
ILLINOIS TOOL WORKS INC	20,360	55,531
KIRBY CORP	6,894	11,301
LANDSTAR SYS INC COM	3,493	11,619
MCGRATH RENTCORP	7,535	12,799
MERCADOLIBRE INC	34,326	51,861
MOOG INC CL A	6,462	23,454
NORTHROP GRUMMAN CORP	17,326	53,836
PACCAR INC	26,350	30,369
RTX CORP	49,866	50,821
SIMPSON MFG INC	4,871	15,838
UNION PACIFIC CORP	28,775	76,633
ACI WORLDWIDE INC	9,848	9,914
ADOBE INC	4,686	51,904
ADVANCED MICRO DEVICES INC	67,238	111,295
ALPHABET INC CL A	23,751	127,683
ANALOG DEVICES INC	61,533	73,467
APPLE INC	5,651	126,300
BLACKBAUD INC	10,589	23,582
BROADCOM INC	40,267	80,370
CADENCE DESIGN SYSTEMS INC	25,769	35,136
COMMVAULT SYSTEMS INC	8,528	9,263
CROWDSTRIKE HOLDINGS INC	12,721	37,787
DONNELLEY FINANCIAL SOLUTIONS	5,028	6,985
ENVESTNET INC	10,735	10,746
EPLUS INC COM	6,737	13,413
HUBSPOT INC	15,340	17,416
INSIGHT ENTERPRISES INC COM	13,882	24,452
KEYSIGHT TECHNOLOGIES INC	14,094	14,159
KLA CORPORATION	25,976	44,179
MASTERCARD INC	20,168	80,184
MESA LABORATORIES INC	10,106	5,658
META PLATFORMS INC	58,344	108,666
MICROSOFT CORP	56,554	228,632
MONGODB INC	27,580	31,890
NVIDIA CORP COM	2,412	168,870
PALO ALTO NETWORKS INC	9,407	9,436
PERFICIENT INC	14,793	13,098
PLEXUS CORP COM	5,106	5,623
POWER INTERGRATIONS INC	2,470	11,495
QUALYS INC	12,220	28,068
SALESFORCE COM INC	20,069	62,101
SERVICENOW INC	34,704	48,748
SNOWFLAKE INC	50,268	35,024
TECHTARGET INC	11,031	8,053
TRADE DESK INC	9,432	17,846
UBER TECHNOLOGIES INC	28,098	54,920
VISA INC-CLASS A SHRS	19,475	82,271
BALCHEM CORP CLASS B	1,347	7,735
DUPONT DE NEMOURS INC	47,625	49,081
FULLER H B CO	7,276	8,711
SILGAN HLDGS INC	9,420	12,987
STEPAN CO COM	7,393	9,833
UFP TECHNOLOGIES INC	3,585	3,613
DOMINION ENERGY INC	68,084	48,175
DUKE ENERGY HOLDING CORP	62,460	71,616
SOUTHERN CO	50,901	64,440
ACCENTURE PLC	17,293	67,726
ADYEN N.V.	14,617	10,085
AIA GROUP LTD-SP	15,547	12,689
AIR LIQUIDE - ADR	7,704	9,504
ALCON, INC.	11,694	11,796
ALFA LAVAL AB	10,541	12,434
ALLIANZ SE	29,606	32,081
AMBEV SA	8,300	8,310
AON PLC	27,084	72,173
ARM HOLDINGS PLC ADR	15,957	18,937
ASML HOLDING N.V	19,999	23,465
ASSA ABLOY AB	7,303	9,347
ASTRAZENECA PLC	36,189	34,349
ATLAS COPCO AB	12,525	15,076
BANCO BILBAO VIZCAYA ARGENT- ADR	11,632	16,170
BHP GROUP LTD	20,737	21,586
BIONTECH SE	9,378	10,554
CANADIAN NATL RR CO COM	8,381	8,543
CHUBB LIMITED	20,318	64,636
CHUGAI PHARMACEUTICAL CO LTD	20,651	26,597
CREDICORP LTD	7,003	7,497
DAIFUKU CO., LTD.	6,492	6,786
DASSAULT SYSTEMES S.A. - ADR	23,576	24,412
DBS GROUP HOLDINGS LIMITED - ADR	30,634	29,568
DIAGEO PLC - ADR	44,574	41,950
EATON CORP PLC	9,820	46,478
ENN ENERGY HOLDINGS LTD	10,995	5,031
EPIROC AKTIEBOLAG	12,830	11,838
FOMENTO ECONOMICO MEXICANO S.A.B. DE	15,698	26,982
GENMAB A/S	11,492	9,648
HAIER SMART HOME CO LTD ADR	26,346	20,545
HALEON PLC ADR	16,254	16,238
HDFC BANK LTD. - ADR	12,487	13,086
ICICI BANK LTD. - ADR	7,956	8,892
INFINEON TECHNOLOGIES AG - ADR	31,370	34,191
KOMATSU LIMITED - ADR	9,254	9,891
LOREAL - ADR	47,479	55,968
LUKOIL PJSC	14,269	0
LVMH MOET HENNESSY UNSP ADR	27,508	43,862
MANULIFE FINANCIAL CORP	16,026	20,067
NESTLE S.A. REGISTERED SHARES - ADR	44,583	71,922
NEW LINDE PLC	8,937	11,500
NIROTI HOLDINGS CO., LTD.	8,563	7,963
NOVO NORDISK A/S - ADR	33,040	61,760
NOVOZYMES A/S UNSPONS	7,522	6,094
NU HOLDINGS LTD/CAYMAN ISLANDS	7,955	7,747
NXP SEMICONDUCTORS NV	20,754	35,600
PING AN INSURANCE (GROUP) COMPANY	7,233	4,059
PT TELEKOMUNIKASI INDONESIA TB - ADR	10,732	9,377
RIO TINTO PLC - ADR	15,904	15,860
ROCHE HOLDINGS LTD - ADR	18,533	13,876
ROYAL DUTCH SHELL PLC ADR	12,999	16,318
SAP SE	18,877	23,034
SCHNEIDER ELECTRIC SE.	15,229	17,822
SHIMANO INC	6,137	5,968
SHIONOGI & CO., LTD.	10,393	8,045
SHISEIDO CO., LTD. - ADR	7,494	4,806
SONOVA HOLDING AG	9,245	8,362
SONY GROUP CORP	18,139	19,033
SYMRISE AG	11,015	9,931
SYSMEX CORPORATION	10,438	6,079
TAIWAN SEMICONDUCTOR MANUFACTU - ADR	33,294	30,680
TENCENT HOLDIGNS LIMITED	13,047	8,163
UNI CHARM CORPORATION	10,584	9,725
XP INC	9,323	7,560
YANDEX NV	4,714	0
ARTISAN MID CAP FUND CLASS INS #1333	241,660	262,844
ISHARES CORE S&P SMALL-CAP ETF	201,468	213,469
ISHARES RUSSELL MID-CAP ETF	388,271	853,087
T. ROWE RICE MID-CAP VALUE FUND	245,254	243,855
ABERDEEN EMERGING MARKETS	614,480	423,444
OAKMARK INTERNATIONAL FUND	697,662	654,613
VANGUARD FTSE EMERGING MARKETS ETF	201,000	205,500
HEALTHCARE REALTY TRUST INC	10,646	8,253

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

GRATIS FOUNDATION

EIN:

26-3639918

US Government Securities - End of Year Book Value:

2,269,861

US Government Securities - End of Year Fair Market Value:

2,137,486

State & Local Government Securities - End of Year Book Value:

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

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

GRATIS FOUNDATION

EIN:

26-3639918

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
BLACKROCK GLOBAL LONG/SHORT CREDIT	FMV	338,852	326,754
BOSTON PARTNERS LONG/SHORT RESEARCH FUND	FMV	387,544	359,063
NEUBERGER BERMAN LONG SHORT FUND	FMV	282,628	355,834
PIMCO CREDIT OPPORTUNITIES BOND FUND	FMV	330,713	337,843
AGREE RLTY CORP COM	FMV	12,617	12,338
ALEXANDRIA REAL ESTATE EQUITIES INC	FMV	22,048	30,298
AMERICAN HOMES 4 RENT	FMV	18,231	30,746
AMERICAN TOWER CORP	FMV	67,083	65,628
AMERICOLD REALTY TRUST INC	FMV	11,624	11,533
APARTMENT INCOME REIT CORP	FMV	13,029	12,433
APPLE HOSPITALITY REIT INC	FMV	5,375	7,375
AVALONBAY CMNTYS INC COM	FMV	27,157	42,686
BROADSTONE NET LEASE INC	FMV	13,158	12,898
COUSINS PROPERTIES, INC	FMV	16,569	13,100
DIAMONDROCK HOSPITALITY CO	FMV	3,369	5,446
DIGITAL RLTY TR INC COM	FMV	30,109	37,952
EQUINIX, INC.	FMV	23,178	53,156
EQUITY RESIDENTIAL PPTYS TR SH	FMV	8,537	6,911
ESSEX PPTY TR COM	FMV	17,460	32,976
EXTRA SPACE STORAGE INC COM	FMV	21,574	51,947
FIRST INDL RLTY TR INC	FMV	3,886	15,959
GAMING AND LEISURE PROPERTIES, INC	FMV	20,414	19,493
INVENTRUST PROPERTIES CORP	FMV	4,117	4,282
INVITATION HOMES INC	FMV	17,345	31,756
KILROY REALTY CORP COM	FMV	13,173	10,597
NATIONAL HEALTH INVS INC	FMV	6,802	7,484
NETSTREIT CORP	FMV	6,216	5,748
PROLOGIS, INC.	FMV	98,334	161,693
PUBLIC STORAGE INC	FMV	7,208	17,385
REALTY INCOME CORP COM	FMV	6,481	7,063
REGENCY CENTERS CORP	FMV	17,019	25,125
REXFORD INDUSTRIAL REALTY INC	FMV	25,677	30,462
SABRA HEALTH CARE REIT, INC.	FMV	13,659	14,027
SAUL CTRS INC COM	FMV	1,642	1,924
SIMON PROPERTY GROUP INC	FMV	7,784	13,836
SUN CMNTYS INC COM	FMV	9,579	30,740
TERRENO REALTY CORP	FMV	5,444	13,975
VENTAS INC COM	FMV	52,468	47,846
VICI PROPERTIES INC	FMV	26,150	38,543
WELLTOWER INC	FMV	32,703	53,200

- TIN:

TY 2023 OtherDecreasesSchedule

Name:

GRATIS FOUNDATION

EIN:

26-3639918

Description	Amount
PRIOR PERIOD ADJUSTMENT	1,284

- TIN:

TY 2023 OtherExpensesSchedule

Name:

GRATIS FOUNDATION

EIN:

26-3639918

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
GRANT ADMINSTRATIVE FEES	39,977	0	0	39,977

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

GRATIS FOUNDATION

EIN:

26-3639918

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
CLASS ACTION SETTLEMENT	294	294	0

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

GRATIS FOUNDATION

EIN:

26-3639918

Category	Amount	Net Investment Income
CUSTODIAN & MANAGEMENT FEES	93,976	93,976
ADVISORY FEES	29,434	29,434
ADR FEES	883	883

- TIN:

TY 2023 TaxesSchedule

Name:

GRATIS FOUNDATION

EIN:

26-3639918

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	4,852	4,852	0	0
FEDERAL TAX PAYMENTS	10,000	0	0	0