Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
Elizabeth Murray Ellis Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

88-2152126
B Telephone number (see instructions)

(800) 839-1754
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$421,553J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 474,181
2 Check right arrow.............
3 Interest on savings and temporary cash investments 149 149  
4 Dividends and interest from securities... 6,231 6,231  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 16,523
b Gross sales price for all assets on line 6a 653,483
7 Capital gain net income (from Part IV, line 2)... 16,523
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).......      
12 Total. Add lines 1 through 11........ 497,084 22,903  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 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).... Click to see attachment
List of Attached Documents:
// Content
4,616 4,616    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
187 87    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,222 294   7,928
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 13,025 4,997   7,928
25 Contributions, gifts, grants paid....... 60,750 60,750
26 Total expenses and disbursements. Add lines 24 and 25 73,775 4,997   68,678
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 423,309
b Net investment income (if negative, enter -0-) 17,906
c Adjusted net income (if negative, enter -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 Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 495 164,111 164,111
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......   Click to see attachment
List of Attached Documents:
// Content
259,693 		257,442
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 495 423,804 421,553
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 495 423,804
29 Total net assets or fund balances (see instructions)..... 495 423,804
30 Total liabilities and net assets/fund balances (see instructions). 495 423,804
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
495
2
Enter amount from Part I, line 27a .....................
2
423,309
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
423,804
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
423,804
Form 990-PF (2023)
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 Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 653,483   636,960 16,523
b
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        
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 16,523
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 249
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  
3 Add lines 1 and 2........................... 3 249
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 249
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 100
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 200
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 300
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 51
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow51 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
Yes
 
If "Yes," attach the statement required by General Instruction T.Click to see attachment
List of Attached Documents:
// Content
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowDE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 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)
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
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 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.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Matthew Cluck Dir, VP
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Sarah Cluck Dir, Treas
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Elizabeth Ellis Dir, Pres
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Gwendolyn Ellis Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Jane Ellis Dir, VP
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Margaret Ellis Dir, Sec
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Robert Kyle Ellis Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Timothy Ellis Dir, VP
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
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
 
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)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
290,675
b
Average of monthly cash balances.......................
1b
136,517
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
427,192
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
427,192
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
6,408
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
420,784
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
21,039
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
21,039
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
249
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
249
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
20,790
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
20,790
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
20,790
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
68,678
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
68,678
Form 990-PF (2023)
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 20,790
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:2021, 2020, 2019  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022...... 9,424
f Total of lines 3a through e ........ 9,424
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 68,678
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 20,790
e Remaining amount distributed out of corpus 47,888
5 Excess distributions carryover applied to 2023.    
(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 57,312
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		57,312
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022.... 9,424
e Excess from 2023.... 47,888
Form 990-PF (2023)
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 or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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).)
Elizabeth Ellis
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
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)
aPaid during the year

BOYS & GIRLS CLUB OF RIDGEFIELD

41 GOVERNOR ST
RIDGEFIELD,CT06877 		N/A PC to support the Ellis Family Teen Center for a safe, educational, and recreational space in order to provide a variety of activities and resources to promote personal development, education, and well-being 30,000

FOUNDERS HALL FOUNDATION INC

193 DANBURY RD
RIDGEFIELD,CT06877 		N/A PC General & Unrestricted 5,000

KIDS IN CRISIS INC

1 SALEM ST
COS COB,CT06807 		N/A PC General & Unrestricted 10,000

OPENCOLLECTIVE FOUNDATION

440 N BARRANCA AVE 3717
COVINA,CA91723 		N/A PC Germantown Community Fridges 750

RIDGEFIELD VETERANS MEMORIAL COMMUNITY ASSOCIATION

316 MAIN ST
RIDGEFIELD,CT06877 		N/A PC General & Unrestricted 5,000

VISITING NURSE ASSOCIATION OF RIDGEFIELD INC

27 GOVERNOR ST
RIDGEFIELD,CT06877 		N/A PC General & Unrestricted 10,000
Total .................................right arrow 3a 60,750
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
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
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 149  
4 Dividends and interest from securities ....     14 6,231  
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 16,523  
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) ..   22,903  
13Total. Add line 12, columns (b), (d), and (e)..................
13
22,903
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
Elizabeth Murray Ellis Family Foundation
 
Employer identification number

88-2152126
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
Elizabeth Murray Ellis Family Foundation
  		Employer identification number
88-2152126
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Ellis Elizabeth
293 Nod Road
 
Ridgefield, CT06877

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
Robert and Elizabeth Ellis Family F
501 Silverside Road Suite 123
 
Wilmington, DE198091377

$ 464,181


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
Elizabeth Murray Ellis Family Foundation
  		Employer identification number

88-2152126
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
Elizabeth Murray Ellis Family Foundation
  		Employer identification number

88-2152126
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

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

TY 2023 DepreciationSchedule
Name:
Elizabeth Murray Ellis Family Foundation
EIN:
88-2152126
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2023 InvestmentsCorpStockSchedule
Name:
Elizabeth Murray Ellis Family Foundation
EIN:
88-2152126
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO 109 109
ABB LTD 265 266
ABBOTT LABS 329 330
ABBVIE INC 464 465
ACCENTURE PLC 353 351
ADOBE SYSTEMS, INC 4,767 4,773
ADVANCED MICRO DEVICES INC 292 295
AFLAC INC 818 825
AIA GROUP LTD ADR 341 347
AIRBNB 957 953
AIRBUS GROUP 348 347
ALLIANZ SE 402 400
ALPHABET INC CL A 1,120 1,118
ALPHABET INC CL C 8,613 8,597
ALTRIA GROUP INC 120 121
AMAZON COM 1,843 1,823
AMER INTERNATIONAL GROUP INC 739 745
AMERICAN ELECTRIC POWER INC 80 81
AMERICAN EXPRESS CO 186 187
AMERICAN TOWER REIT INC 216 216
AMERIPRISE FINANCIAL INC 759 760
AMGEN INC 286 288
AMPHENOL CORPORATION 99 99
ANALOG DEVICES INC 1,392 1,390
ANHEUSER BUSCH COS INC 259 258
ANZ GROUP HOLDINGS LIMITED ADS 195 194
APA CORPORATION 186 179
APPLE INC 10,997 10,973
APPLIED MATERIALS INC 2,131 2,107
ARCH CAPITAL GROUP LTD 588 594
ARCHER DANIELS MDLND 72 72
ASML HOLDING NV NY REG SHS 762 757
ASSURANT INC 167 168
ASTRAZENECA 739 741
AT&T, INC 165 168
ATLAS COPCO AB A SHS ADR 156 155
AUTOMATIC DATA PROCESSING INC 231 233
AXA ADS 264 261
BAKER HUGHES COMPANY 708 684
BANCO BILBAO ARG SA 201 200
BANCO SANTANDER CEN 235 232
BANK OF AMERICA CORP 304 303
BANK OF MONTREAL 200 198
BANK OF NOVA SCOTIA 194 195
BARNES GROUP INC 99 98
BASF AG SPONS ADR 202 201
BECTON DICKINSON & CO 242 244
BERKSHIRE HATHAWAY INC. CLASS 7,838 7,847
BEST BUY INC 233 235
BHP BILLITON LIMITED 620 615
BLOCK INC 79 77
BNP PARIBAS SPONS ADR 281 278
BOEING CO 262 261
BORG WARNER INC 144 143
BOSTON SCIENTIFIC 112 116
BP PLC SPONSORED ADR 357 354
BRISTOL-MYERS SQUIBB CO 153 154
BRITISH AMERICAN TOBACCO PLC 234 234
BROADCOM INC 9,005 8,929
BROOKFIELD CORP ORD SHS CL A 204 201
BUNGE GLOBAL SA 306 303
C H ROBINSON WORLDWIDE INC 87 86
CAN IMPERIAL BK OF COMMERCE 145 144
CANADIAN NATL RAILWAY CO 252 251
CANADIAN NATURAL RESOURCES LTD 266 262
CANADIAN PACIFIC RAILWAY LTD 239 237
CAPITAL ONE FINANCIAL CORP 131 131
CARRIER GLOBAL 58 57
CATERPILLAR INC 298 296
CBOE HOLDINGS INC 350 357
CENCORA INC 815 822
CENTENE CORP 586 594
CF INDUSTRIES HOLDINGS, INC 241 239
CHARLES SCHWAB CORP 138 138
CHEVRON CORP 455 447
CHUBB LIMITED 223 226
CIGNA CORPORATION 1,493 1,497
CINCINNATI FINANCIAL CORP 309 310
CISCO SYSTEMS INC 3,583 3,587
CITIGROUP INC 103 103
CME GROUP, INC 1,260 1,264
COGNIZANT TECHNOLOGY SOLUTIONS 603 604
COLGATE-PALMOLIVE COMPANY 79 80
COMCAST CORP 3,690 3,683
COMMONWEALTH BK AUS-SP ADR 457 457
COMPAGNIE FINANCIERE RICHEMONT 235 234
COMPASS GROUP PLC ADR 165 167
CONOCOPHILLIPS 2,249 2,205
CONSOLIDATED EDISON INC 449 455
CONSTELLATION ENERGY GROUP INC 704 701
COPART INC 98 98
CORTEVA INC 48 48
COSTAR GROUP, INC 87 87
COSTCO WHOLESALE CORPORATION 3,999 3,960
COTERRA ENERGY INC 309 306
CROWN CASTLE INTL 116 115
CSL LTD 391 389
CSX CORP 69 69
CVS CAREMARK CORP 1,495 1,500
D R HORTON 607 608
DAIICHI SANKYO CO LTD SPONSORE 189 191
DANAHER CORP 232 231
DBS GROUP HLDGS SPON ADR 196 203
DEUTSCHE POST AG 150 149
DEUTSCHE TELE AG ADS 265 265
DEVON ENERGY CORPORATION 46 45
DEXCOM, INC 123 124
DIAGEO PLC ADS 292 291
DOMINION ENERGY INC 46 47
DOW INC 56 55
DU PONT DE NEMOURS 844 846
DUKE ENERGY CO 96 97
EASTMAN CHEMICAL CO 181 180
EATON CORP PLC 1,440 1,445
EBAY INC 433 436
EDWARDS LIFESCIENCES 76 76
ELI LILLY & CO 582 583
EMERSON ELECTRIC CO 1,074 1,071
ENBRIDGE INC 291 288
ENEL SOCIETA PER AZI 200 200
EOG RESOURCES INC 1,118 1,089
EQT CORPORATION 274 271
ESSILOR INTL ADR 202 201
EVEREST GROUP, LTD 350 354
EXELON CORPORATION 35 36
EXPEDITORS INTL WASH INC 383 382
EXXON MOBIL CORP 7,011 6,899
FAIR ISSAC & CO INC 1,171 1,164
FAST RETAILING CO LT 150 148
FASTENAL COMPANY 65 65
FEDEX CORPORATION 1,007 1,012
FIDELITY NATIONAL INFORMATION 60 60
FISERV, INC 133 133
FORD MOTOR COMPANY 694 683
FORTINET INC 59 59
FOX CORP CL A 119 119
FREEPORT-MCMORAN COPPER & GOLD 86 85
GARTNER INC 446 451
GE HEALTHCARE TECHNOLOGIES INC 3,276 2,010
GENERAL MILLS INC 65 65
GENERAL MOTORS 648 647
GILEAD SCIENCES INC 1,364 1,377
GLENCORE XSTRATA PLC ADR 241 240
GRAINGER W W INC 832 829
GSK PLC 644 296
HALLIBURTON COMPANY 37 36
HARTFORD FINANCIALSERVICES GRO 399 402
HERMES INTL 10 ADR 215 213
HEWLETT PACKARD ENTERPRISE CO 392 391
HITACHI LTD 286 289
HOME DEPOT INC 349 347
HONDA MOTOR CO LTD 152 155
HONEYWELL INTL 209 210
HSBC HOLDINGS PLC 569 568
HUMANA INC 900 916
IBERDROLA ADR 316 315
ILLINOIS TOOL WORKS 1,055 1,048
INDUSTRIA DE DISENO 197 197
INFINEON TECH ADS 211 209
ING GROUP N V SPONSORED ADR 197 195
INGERSOLL-RAND INC 78 77
INTEL CORP 304 302
INTERCONTINENTAL EXCHANGE, INC 128 128
INTERNATIONAL BUSINESS MACHINE 163 164
INTESA SANPAOLO SPA 160 158
INTUIT 1,256 1,250
ISHARES TR S & P MIDCAP 400 IN 8,112 8,037
ITOCHU CORP ADR OTC 245 244
JACOBS SOLUTIONS INC 259 260
JOHNSON & JOHNSON 468 470
JOHNSON CONTROLS INTERNATIONAL 58 58
JP MORGAN CHASE 676 680
KDDI CP UNSP ADR 157 158
KENVUE INC 538 538
KEURIG DR PEPPER INC 33 33
KEYENCE CORPORATION,FIRST SECT 440 436
KINDER MORGAN INC 53 53
KKR & CO INC 83 83
KLA TENCOR CORP 1,770 1,744
KRAFT HEINZ CO 37 37
KROGER CO 45 46
L'AIR LIQUIDE ADR OTC 394 390
L'OREAL ADR 400 398
LAM RESEARCH CORP 1,585 1,567
LENNAR CORP 746 745
LINDE PLC COM 3,691 3,696
LOEWS CORP 208 209
LONDON STK EXCHANGE GROUP 212 210
LOWES COMPANIES INC 222 223
LVMH MOET HENN UNSP 820 812
LYONDELLBASELL INDUSTRIES NV 482 475
MACQUARIE GROUP LTD ADR 126 125
MARATHON PETROLEUM CORP 1,502 1,484
MARSH AND MCLENNAN COMPANIES I 188 189
MARVELL TECHNOLOGY, INC 61 60
MASTERCARD INC 5,939 5,971
MCDONALD'S CORP 294 297
MEDTRONIC PLC 164 165
MERCEDES-BENZ GROUP 243 241
MERCK & CO INC 431 436
META PLATFORMS INC 8,985 9,202
MICROCHIP TECHNOLOGY INC 727 721
MICRON TECHNOLOGY 87 85
MICROSOFT CORP 11,201 11,280
MITSUBISHI CORP ORD 235 80
MITSUBISHI UFJ FINANCIAL GROUP 349 353
MOLSON COOR BREW CO CL B 183 184
MONDELEZ INTERNATIONAL INC 144 145
MONSTER BEVERAGE CORP 57 58
MORGAN STANLEY 187 187
MUENCHENER RUECKVERS 210 210
NATIONAL AUSTRALIA BK LTD 240 240
NATIONAL GRID TRANSCO PLC 205 204
NESTLE S.A 1,032 1,041
NETAPP, INC 266 264
NETFLIX INC 492 487
NEWMONT GOLDCORP CORPORATION 42 41
NEWS CORP LTD CL A 122 123
NEXTERA ENERGY, INC 181 182
NIKE INC-CL B 214 217
NINTENDO CO LTD ADR UNSPON 200 208
NIPPON TELEGRAPH & TELEPHONE C 241 244
NOVARTIS AG ADR 797 808
NOVO NORDISK A S 1,241 1,241
NUCOR CP 533 522
NVIDIA CORP 9,384 9,408
OCCIDENTAL PETROLEUM CORP 61 60
OMNICOM GROUP 260 260
ON SEMICONDUCTOR 85 84
ONEOK INC 638 632
ORACLE CORP 211 211
OTIS WORLDWIDE CORP 90 89
PACCAR INC 880 879
PACKAGING CORP AMER 164 163
PALANTIR TECHNOLOGIES INC 53 52
PAYPAL HOLDINGS, INC 62 61
PEPSICO INC 338 340
PFIZER INC 229 230
PG & E CORP 54 54
PHILIP MORRIS INTL 187 188
PHILLIPS 66 941 932
PIONEER NAT RES CO 915 900
PNC FINANCIAL GROUP INC 155 155
PROCTER GAMBLE CO 5,115 5,129
PROGRESSIVE CORP OHIO 158 159
PROLOGIS 133 133
PUBLIC SVC ENTERPRISE GROUP IN 485 306
PULTE GROUP INC 415 413
QUALCOMM INC 291 289
RALPH LAUREN CORP 145 144
RAYTHEON TECHNOLOGIES CORP 168 168
REALTY INCOME CORP 58 57
RECKITT BENCKISER GROUP 195 192
RECRUIT HOLDINGS CO 200 200
RELX PLC 276 278
RIO TINTO PLC SPONSORED ADR 299 298
ROCHE HOLDING LTD ADR 719 725
ROCKWELL AUTOMATION INC 623 621
ROSS STORES, INC 137 138
ROYAL BANK OF CANADA 508 506
SAFRAN SA - UNSPON ADR 223 221
SALESFORCE.COM 266 263
SANOFI-AVENTIS SPONSORED ADR 448 448
SAP AKTIENGESELL ADS 623 618
SCHLUMBERGER LTD 106 104
SCHNEIDER ELEC UNSP/ADR 445 443
SEMPRA ENERGY COM 74 75
SHELL ADR EACH REPRESENTING 2 792 790
SHIN-ETSU CHEMICAL C 305 314
SHOPIFY INC 313 312
SIEMENS AG 562 561
SIKA AG BEARER SHS 194 196
SIMON PPTY GROUP INC 144 143
SNAP ON INC 290 289
SONY GROUP CORP 514 568
STARBUCKS CORP COM 190 192
STEEL DYNAMICS INC 363 354
STELLANTIS ORD SHS 236 233
STRYKER CORPORATION 298 299
SUMITOMO MITSUI FINCL GRP 200 203
SYNOPSYS, INC 518 515
SYSCO CORP 73 73
T-MOBILE US INC 158 160
TAKEDA PHARMACEUTICAL COMPANY 155 157
TAPESTRY INC 112 110
TARGET CORPORATION 142 142
TE CONNECTIVITY LTD 141 141
TESLA MOTORS INC 1,046 994
TEXAS INSTRUMENTS INC 171 170
TEXTRON INC 242 241
THE BLACKSTONE GROUP INC CL A 132 131
THE COCA-COLA CO 293 295
THE TRADE DESK INC 74 72
THERMO FISHER SCIENTIFIC INC 531 531
TJX COMPANIES INC 1,851 1,876
TOKIO MARINE HOLDINGS INC 171 174
TOKYO ELECTRON LTD 268 267
TORONTO DOMINION 454 452
TOTALENERGIES SE 554 539
TOYOTA MTR CORP 722 734
TRUIST FINANCIAL CORPORATION 74 74
UBER 190 185
UBS AG 343 340
UNICREDIT SPA 163 163
UNILEVER PLC AMER 435 436
UNION PACIFIC 246 246
UNITED PARCEL SERVICE 157 157
UNITEDHEALTH GROUP INC 522 526
UNIVERSAL HLTH SVC B 152 152
VALERO ENERGY CORP 1,054 1,040
VANGUARD MID-CAP VALUE INDEX 5,363 5,365
VANGUARD SM-CAP ETF 7,982 7,893
VANGUARD SMALL-CAP VALUE ETF 5,270 5,219
VERALTO CORPORATION 250 247
VERIZON COMMUNICATIONS 186 189
VERTEX PHARMCTLS INC 1,629 1,628
VIATRIS ORD SHS 236 238
VICI PROPERTIES INC 32 32
VINCI SA ADR 287 284
VISA INC 5,956 5,988
WAL-MART STORES INC 3,784 3,784
WALT DISNEY HOLDINGS CO 271 271
WASTE MANAGEMENT INC 178 179
WELLS FARGO & CO 296 295
WELLTOWER INC. 91 90
WESFARMERS LTD ADR 155 155
WESTPAC BANKING CORP 201 195
WILLIAMS COS 70 70
XCEL ENERGY INC 62 62
ZOETIS INC 196 197
ZURICH INS GROU ADR 260 261

TY 2023 LiquidationExplanationStmt
Name:
Elizabeth Murray Ellis Family Foundation
EIN:
88-2152126
Statement:
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $60,750. This amount represents 25% or more of the Foundation's net assets of $495 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.


TY 2023 OtherExpensesSchedule
Name:
Elizabeth Murray Ellis Family Foundation
EIN:
88-2152126
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 7,903     7,903
Bank Charges 294 294    
State or Local Filing Fees 25     25


TY 2023 OtherProfessionalFeesSchedule
Name:
Elizabeth Murray Ellis Family Foundation
EIN:
88-2152126
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 4,616 4,616    


TY 2023 SubstantialContributorsSch
Name:
Elizabeth Murray Ellis Family Foundation
EIN:
88-2152126
Name Address
Robert and Elizabeth Ellis Family F 501 Silverside Road Suite 123
Wilmington,DE198091377


TY 2023 TaxesSchedule
Name:
Elizabeth Murray Ellis Family Foundation
EIN:
88-2152126
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Extension for 2022 100      
Foreign Tax Paid 87 87