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
TRUST FOR MUTUAL UNDERSTANDING
 
Number and street (or P.O. box number if mail is not delivered to street address)CO RCM PO BOX 5016
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY101855016
A Employer identification number

13-3212724
B Telephone number (see instructions)

(212) 549-5544
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$36,254,525J 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) 950,391
2 Check right arrow.............
3 Interest on savings and temporary cash investments 246,415 246,402  
4 Dividends and interest from securities... 561,498 561,498  
5a Gross rents............ 113 113  
b Net rental income or (loss) 113
6a Net gain or (loss) from sale of assets not on line 10 1,802,682
b Gross sales price for all assets on line 6a 11,534,149
7 Capital gain net income (from Part IV, line 2)... 1,802,682
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
10,994 10,994  
12 Total. Add lines 1 through 11........ 3,572,093 2,621,689  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 761,750 0   761,750
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 348,476 0   348,476
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
8,573 0   8,573
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
295,191 107,857   187,334
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
116,640 66,244   35,396
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 318,634 0   318,634
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
210,914 80,763   130,151
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,060,178 254,864   1,790,314
25 Contributions, gifts, grants paid....... 2,513,139 2,513,139
26 Total expenses and disbursements. Add lines 24 and 25 4,573,317 254,864   4,303,453
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,001,224
b Net investment income (if negative, enter -0-) 2,366,825
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......... 826,194 903,845 903,845
3 Accounts receivable right arrow40,160
Less: allowance for doubtful accounts right arrow   80,802 40,160 40,160
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) 5,302,263 Click to see attachment
List of Attached Documents:
// Content
4,867,030 		4,521,080
b Investments—corporate stock (attach schedule)....... 16,808,394 Click to see attachment
List of Attached Documents:
// Content
15,230,705 		22,683,059
c Investments—corporate bonds (attach schedule)....... 2,053,988 Click to see attachment
List of Attached Documents:
// Content
1,623,850 		1,564,349
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) Click to see attachment
List of Attached Documents:
// Content
2,835,099 		Click to see attachment
List of Attached Documents:
// Content
2,916,074 		Click to see attachment
List of Attached Documents:
// Content
6,542,032
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 27,906,740 25,581,664 36,254,525
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........ 27,906,740 25,581,664
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)..... 27,906,740 25,581,664
30 Total liabilities and net assets/fund balances (see instructions). 27,906,740 25,581,664
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
27,906,740
2
Enter amount from Part I, line 27a .....................
2
-1,001,224
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
315
4
Add lines 1, 2, and 3 ..........................
4
26,905,831
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,324,167
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
25,581,664
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 P    
b VENROCK PARTNERS VIII, L.P. P    
c VENROCK PARTNERS VIII, L.P. P    
d VENROCK PARTNERS VII, L.P. P    
e VENROCK PARTNERS VII, L.P. P    
VENROCK PARTNERS V, L.P. P    
ICAPITAL VOF LP P    
ROCKEFELLER ALTERNATIVE STRATEGIES P    
5500 FUND P    
5500 FUND P    
ROCKEFELLER ACCESS FUND 06-II P    
ROCKEFELLER ACCESS FUND 06-II P    
ROCKEFELLER ACCESS FUND 06-II - 1231 P    
NEW CENTURY HOLDINGS XI, LP P    
NEW CENTURY HOLDINGS XI, LP - 1231 P    
ROCKEFELLER ACCESS FUND 2015 P    
ROCKEFELLER ACCESS FUND 2015 P    
ROCKEFELLER ACCESS FUND 2015 - 1231 P    
5500 FUND MEMBERSHIP SALE P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 11,158,139   9,687,244 1,470,895
b 3,355     3,355
c     17,226 -17,226
d 149     149
e     21,291 -21,291
1,461     1,461
1,067     1,067
518     518
18,328     18,328
43,372     43,372
44     44
    4,980 -4,980
1,087     1,087
    468 -468
    258 -258
2,169     2,169
53,746     53,746
714     714
250,000     250,000
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       1,470,895
b       3,355
c       -17,226
d       149
e       -21,291
      1,461
      1,067
      518
      18,328
      43,372
      44
      -4,980
      1,087
      -468
      -258
      2,169
      53,746
      714
      250,000
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,802,682
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 32,899
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 32,899
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 32,899
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 56,394
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 56,394
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.......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 23,495
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow23,495 Refundedright arrow 11 0
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
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. ...............................
10
 
No
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 arrowTMUNY.ORG
14
The books are in care ofright arrowROCKEFELLER CAPITAL MANAGEMENT Telephone no.right arrow (212) 549-5544

Located atright arrowPO BOX 5016NEW YORKNY ZIP+4right arrow101855016
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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 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)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
BARBARA A LANCIERS DIRECTOR
40.00 		283,918 9,587 800
ONE ROCKEFELLER PLAZA - ROOM 2500
NEW YORK,NY10020
IRINA YURNA REGIONAL REPRESENTATIVE
40.00 		147,792 0 0
FRIEDRICHSTABE 60 117
  BERLIN  
GM
ALINA ENGGIST SENIOR PROGRAM OFFICER
40.00 		137,669 20,162 880
ONE ROCKEFELLER PLAZA - ROOM 2500
NEW YORK,NY10020
CAROLINE MABEE PROGRAM OFFICER
40.00 		108,396 0 0
ONE ROCKEFELLER PLAZA - ROOM 2500
NEW YORK,NY10020
VALERIE ROCKEFELLER TRUSTEE
2.00 		16,795 0 0
ONE ROCKEFELLER PLAZA - ROOM 2500
NEW YORK,NY10020
JOEL MOTLEY TRUSTEE
2.00 		16,795 0 0
ONE ROCKEFELLER PLAZA - ROOM 2500
NEW YORK,NY10020
ELIZABETH C CAMPBELL TRUSTEE
2.00 		16,795 0 0
ONE ROCKEFELLER PLAZA - ROOM 2500
NEW YORK,NY10020
SUSAN V BERRESFORD TRUSTEE
6.00 		16,795 0 0
ONE ROCKEFELLER PLAZA - ROOM 2500
NEW YORK,NY10020
BLAIR A RUBLE TRUSTEE
2.00 		16,795 0 0
ONE ROCKEFELLER PLAZA - ROOM 2500
NEW YORK,NY10020
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...................right arrow 0
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
ROCKEFELLER TRUST COMPANY NA TAX, ACCTG, INV 264,233
45 ROCKEFELLER PLAZA 5TH FL
NEW YORK,NY10111
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (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
35,083,333
b
Average of monthly cash balances.......................
1b
1,327,062
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
36,410,395
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
36,410,395
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
546,156
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
35,864,239
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,793,212
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
1,793,212
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
32,899
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
687
c
Add lines 2a and 2b............................
2c
33,586
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,759,626
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,759,626
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,759,626
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
4,303,453
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
4,303,453
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 1,759,626
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...... 2,440,904
b From 2019...... 2,012,949
c From 2020...... 1,524,142
d From 2021...... 1,289,758
e From 2022...... 2,183,212
f Total of lines 3a through e ........ 9,450,965
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 4,303,453
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..... 1,759,626
e Remaining amount distributed out of corpus 2,543,827
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 11,994,792
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) ... 		2,440,904
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		9,553,888
10 Analysis of line 9:
a Excess from 2019.... 2,012,949
b Excess from 2020.... 1,524,142
c Excess from 2021.... 1,289,758
d Excess from 2022.... 2,183,212
e Excess from 2023.... 2,543,827
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).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
BARBARA A LANCIERS DIRECTOR
TMU -ONE ROCKEFELLER PLZ ROOM 2500
NEW YORK,NY10020
(212) 649-5774
bThe form in which applications should be submitted and information and materials they should include:
BY INITIAL LETTER OF INQUIRY
cAny submission deadlines:
6 MONTHS PRIOR TO DATE OF ACTIVITY FOR WHICH SUPPORT IS SOUGHT.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE TRUST'S PROGRAMS SUPPORT EXCHANGES BETWEEN THE UNITED STATES AND THE FORMER SOVIET UNION, EASTERN AND CENTRAL EUROPE IN THE ARTS AND ENVIRONMENTAL CONSERVATION.
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

ACADEMY OF BOSNIA AND HERZEGOVINA INC

55-23 31ST AVENUE 6D
WOODSIDE,NY11377 		  PC GENERAL SUPPORT 10,000

ALASKA CONSERVATION FOUNDATION

441 W FIFTH AVENUE SUITE 402
ANCHORAGE,AK995012340 		  PC GENERAL SUPPORT 35,000

AMERICAN PRAIRIE RESERVE

7 EAST BEALL STREET SUITE 100
BOZEMAN,MT59715 		  PC GENERAL SUPPORT 16,000

BETH MORRISON PROJECTS INC

666 OCEAN AVENUE D1
BROOKLYN,NY11226 		  PC GENERAL SUPPORT 40,000

BUTTERFLY PAVILION

6252 WEST 104TH AVE
WESTMINSTER,CO80020 		  PC GENERAL SUPPORT 30,000

CEC ARTSLINK INC

28 HUBERT ST
NEW YORK,NY10013 		  PC GENERAL SUPPORT 388,500

CENTER FOR INTERNATIONAL THEATRE DEVELOPMENT INC

901 LENTON AVE
BALTIMORE,MD21212 		  PF GENERAL SUPPORT 95,000

CLOCKSHOP

2806 CLEARWATER STREET
LOS ANGELES,CA90039 		  PC GENERAL SUPPORT 25,000

CULTURAL SURVIVAL

2067 MASSACHUSETTS AVENUE
CAMBRIDGE,MA02140 		  PC GENERAL SUPPORT 80,000

CULTUREHUB

65 EAST 4TH ST BOX 16
NEW YORK,NY10003 		  PC GENERAL SUPPORT 25,000

DENVER ZOOLOGICAL FOUNDATION

2900 E 23RD STREET AVENUE
DENVER,CO80205 		  PC GENERAL SUPPORT -80,000

DOUBLE EDGE THEATRE

948 CONWAY RD
ASHFIELD,MA01330 		  PC GENERAL SUPPORT 70,500

DRAMA LEAGUE OF NEW YORK INC

520 EIGTH AVE 3RD FL STE 320
NEW YORK,NY10018 		  PC GENERAL SUPPORT 40,000

EARTH ISLAND INSTITUTE INC

2150 ALLSTON WAY
BERKLEY,CA947041346 		  PC GENERAL SUPPORT 87,000

EARTHCORPS

7400 SAND POINT WAY NE BLDG 30
SEATTLE,WA98115 		  PC GENERAL SUPPORT 50,000

EAST EUROPEAN FOLKLIFE CENTER INC

PO BOX 12488
BERKLEY,CA947123488 		  PC GENERAL SUPPORT 10,000

ELAINE SUMMERS EXPERIMENTAL INTERMEDIA FOUNDATION INC

224 CENTRE STREET 3RD FLOOR
NEW YORK,NY10113 		  PC GENERAL SUPPORT 15,000

ENVIRONMENTAL FILM FESTIVAL IN THE NATION'S CAPITAL

1224 M STREET NW SUITE 301
WASHINGTON,DC20005 		  PC GENERAL SUPPORT 10,000

FOUNDATION FOR CONTEMPORARY ARTS

820 GREENWICH STREET
NEW YORK,NY10014 		  PC GENERAL SUPPORT 40,000

FRIENDS OF THE EARTH

1101 15TH STREET NW 11TH FLOOR
WASHINGTON,DC20005 		  PC GENERAL SUPPORT 5,000

GASPARD&DANCERS INC

106 PATHWOOD LANE
DURHAM,NC27705 		  PC GENERAL SUPPORT 25,000

HEADLANDS CENTER FOR THE ARTS

944 FORT BARRY
SAUSALITO,CA94063 		  PC GENERAL SUPPORT 15,000

INCLUSIVE DEVELOPMENT INTERNATIONAL

50 S FRENCH BROAD AVE FLOOR 3
ASHEVILLE,NC28801 		  PC GENERAL SUPPORT 30,000

INDEPENDENT CURATORS INTERNATIONAL

401 BROADWAY STE 1620
NEW YORK,NY10013 		  PC GENERAL SUPPORT 10,000

KNIGHTS OF INDULGENCE THEATRE US

461 SEBASTOPOL AVE
SANTA ROSE,CA95401 		  PC GENERAL SUPPORT 42,000

LA MAMA ETC

66 E 4TH ST
NEW YORK,NY10003 		  PC GENERAL SUPPORT 60,000

MID ATLANTIC ARTS FOUNDATION INC

201 NORTH CHARLES STREET SUITE 401
BALTIMORE,MD21201 		  PC GENERAL SUPPORT 35,000

MONGOL ECOLOGY CENTER

2242 E 4TH ST
TUCSON,AZ85719 		  PC GENERAL SUPPORT 85,000

MOVEMENT RESEARCH INC

PO BOX 49 OLD CHELSEA STA
NEW YORK,NY10113 		  PC GENERAL SUPPORT 221,000

MY BALKANS INC

241 EAST 76TH STREET SUITE 7F
NEW YORK,NY10021 		  PC GENERAL SUPPORT 35,000

NEW YORK LIVE ARTS INC

219 WEST 19TH STREET
NEW YORK,NY10011 		  PC GENERAL SUPPORT 20,000

NORTHEAST DOCUMENT CONSERVATION

100 BRICKSTONE SQUARE
ANDOVER,MA018101494 		  PC GENERAL SUPPORT 30,000

PARTNERSHIPS FOR NATURE

409 MADRONA WAY NE
BAINBRIDGE ISLAND,WA98110 		  PC GENERAL SUPPORT 40,000

PEACEDALE GLOBAL ARTS

395 RIVERSIDE DRIVE
NEW YORK,NY10025 		  PC GENERAL SUPPORT 15,000

PERFORMANCE ZONE INC

C/O THE FIELD 161 6TH AVENUE
NEW YORK,NY10013 		  PC GENERAL SUPPORT 22,490

PHILADELPHIA DANCE PROJECTS

1427 SPRUCE STREET SUITE 1F
PHILADELPHIA,PA19102 		  PC GENERAL SUPPORT 18,000

RELATIONSHIP PERFORMANCE AND ARTS GROUP INC

100 SAINT MARKS PLACE 7
NEW YORK,NY10009 		  PC GENERAL SUPPORT 3,500

RESIDENCY UNLIMITED INC

360 COURT STREET
BROOKLYN,NY11231 		  PC GENERAL SUPPORT 349,800

SITI COMPANY

520 8TH AVENUE SUITE 310
NEW YORK,NY10018 		  PC GENERAL SUPPORT 12,000

SO PERCUSSION

20 GRAND AVE 205
BROOKLYN,NY11205 		  PC GENERAL SUPPORT 14,000

THE CHOCOLATE FACTORY THEATER

5-49 49TH AVENUE
LONG ISLAND CITY,NY11101 		  PC GENERAL SUPPORT 5,000

THE LIVING DESERT ZOO AND GARDENS

47-900 PORTOLA AVENUE
PALM DESERT,CA92260 		  PC GENERAL SUPPORT 40,000

THE OCEAN FOUNDATION

1320 19TH STREET NW
WASHINGTON,DC20036 		  PC GENERAL SUPPORT 195,112

THE SNOW LEOPARD TRUST

4649 SUNNYSIDE AVE NORTH SUITE 325
SEATTLE,WA98103 		  PC GENERAL SUPPORT 30,000

TRANSCAUCASIAN TRAIL ASSOCIATION

4200 WISCONSIN AVE NW 106-262
WASHINGTON,DC20016 		  PC GENERAL SUPPORT 35,000

UNIVERSITY OF NORTHERN IOWA FOUNDATION

205 COMMONS
CEDAR FALLS,IA50614 		  PC GENERAL SUPPORT -20,000

WAXFACTORY

PO BOX 1197
NEW YORK,NY10013 		  PC GENERAL SUPPORT 31,037

WILDLIFE CONSERVATION SOCIETY

2300 SOUTHERN BOULEVARD
BRONX,NY10460 		  PC GENERAL SUPPORT 45,000

WINTERHOUSE INSTITUTE INC

70 WASHINGTON STREET SUITE 5C
BROOKLYN,NY11201 		  PC GENERAL SUPPORT 62,200

YALE UNIVERSITY

1302 YALE STATION
NEW HAVEN,CT06520 		  PC GENERAL SUPPORT 10,000

YUCHI LANGUAGE PROJECT

PO BOX 1204
SAPULPA,OK74066 		  PC GENERAL SUPPORT 5,000
Total .................................right arrow 3a 2,513,139
bApproved for future payment
Total ................................. right arrow 3b 0
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 ........... 		    14 246,415  
4 Dividends and interest from securities ....     14 561,498  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 113  
6 Net rental income or (loss) from personal property          
7 Other investment income ..... 900099 10,059 14 935  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,802,682  
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) .. 10,059 2,611,643 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,621,702
(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:  
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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
TRUST FOR MUTUAL UNDERSTANDING
 
Employer identification number

13-3212724
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
TRUST FOR MUTUAL UNDERSTANDING
  		Employer identification number
13-3212724
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
SANDRA FERRY
C/O M MCLEAN 1 ROCKEFELLER PLZ RM 2
 
NEW YORK, NY10020

$ 950,391


(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.)
(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
TRUST FOR MUTUAL UNDERSTANDING
  		Employer identification number

13-3212724
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
1
 8,708 SHARES OF MERCK & CO. INC. $ 950,391 2023-01-19
(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
TRUST FOR MUTUAL UNDERSTANDING
  		Employer identification number

13-3212724
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:  
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Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 ExpenditureResponsibilityStmt
Name:
TRUST FOR MUTUAL UNDERSTANDING
EIN:
13-3212724
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
CENTER FOR INTERNATIONAL THEATRE DEVELOPMENT
  		901 LENTON AVENUE
BALTIMORE,MD21212 		2023-07-01 40,000 SEE ATTACHED   SEE ATTACHED SEE ATTACHED   SEE ATTACHED
CENTER FOR INTERNATIONAL THEATRE DEVELOPMENT
  		901 LENTON AVENUE
BALTIMORE,MD21212 		2023-08-11 20,000 SEE ATTACHED   SEE ATTACHED SEE ATTACHED   SEE ATTACHED
CENTER FOR INTERNATIONAL THEATRE DEVELOPMENT
  		901 LENTON AVENUE
BALTIMORE,MD21212 		2023-10-18 30,000 SEE ATTACHED   SEE ATTACHED SEE ATTACHED   SEE ATTACHED
CENTER FOR INTERNATIONAL THEATRE DEVELOPMENT
  		901 LENTON AVENUE
BALTIMORE,MD21212 		2023-12-11 5,000 SEE ATTACHED   SEE ATTACHED SEE ATTACHED   SEE ATTACHED

TY 2023 InvestmentsCorpBondsSchedule
Name:
TRUST FOR MUTUAL UNDERSTANDING
EIN:
13-3212724
Name of Bond End of Year Book Value End of Year Fair Market Value
AERCAP IRELAND CAP/GLOBA 3.0000% 29/10/2028 113,303 106,515
APPLE INC 3.3500% 08/08/2032 30,907 31,382
AT&T INC 1.7000% 25/03/2026 158,987 152,311
BANK OF AMERICA CORP 4.2440% 24/04/2038 101,694 87,393
BOEING CO 5.1500% 01/05/2030 68,326 71,889
CITIGROUP INC 3.5200% 27/10/2028 128,812 124,691
CVS HEALTH CORP 3.2500% 15/08/2029 66,312 62,279
FIFTH THIRD BANCORP 6.3610% 27/10/2028 43,861 46,183
GOLDMAN SACHS GROUP INC 2.6150% 22/04/2032 80,817 88,677
HOME DEPOT INC 5.8750% 16/12/2036 164,037 158,045
JPMORGAN CHASE & CO 4.9120% 25/07/2033 132,530 136,411
MORGAN STANLEY 2.9430% 21/01/2033 107,159 97,540
PFIZER INVESTMENT ENTER 4.4500% 19/05/2026 36,957 37,100
PFIZER INVESTMENT ENTER 4.7500% 19/05/2033 19,970 20,152
PNC FINANCIAL SERVICES 5.5820% 12/06/2029 46,082 47,071
TRUIST FINANCIAL CORP 6.0470% 08/06/2027 46,177 47,018
US BANCORP 2.6770% 27/01/2033 47,437 49,944
VERIZON COMMUNICATIONS 2.6500% 20/11/2040 165,554 133,999
WELLS FARGO & COMPANY 0.8050% 19/05/2025 64,928 65,749

TY 2023 InvestmentsCorpStockSchedule
Name:
TRUST FOR MUTUAL UNDERSTANDING
EIN:
13-3212724
Name of Stock End of Year Book Value End of Year Fair Market Value
ADVANCED MICRO DEVICES INC COM STK USD0.01 252,654 507,680
ADYEN NV EUR0.01 109,402 204,757
AERCAP HOLDINGS N.V. EUR0.01 263,496 331,170
AIR LIQUIDE(L') EUR5.50 363,600 467,567
ALLSTATE CORP COM USD0.01 330,979 353,869
AMADEUS IT GROUP SA 135,241 166,014
AMAZON COM INC COM USD0.01 481,713 777,933
AMERICAN EXPRESS CO COM USD0.20 314,240 399,034
AMGEN INC COM USD0.0001 192,385 210,543
APPLE INC COM USD0.00001 281,552 566,038
APPLIED MATERIALS INC COM USD0.01 65,087 259,960
AT&T INC COM USD1 301,072 339,946
BECTON DICKINSON & CO COM USD1.00 226,361 278,454
BNP PARIBAS EUR2 248,779 305,661
CARRIER GLOBAL CORPORATION COM USD0.01 174,772 375,666
CENTENE CORPORATION COM USD0.001 387,575 428,340
COMPAGNIE DE ST-GOBAIN EUR4 220,828 430,615
DENSO CORP NPV 253,216 238,286
DEUTSCHE POST AG NPV(REGD) 105,817 243,880
DISCOVER FINANCIAL SERVICES COM STK USD0.01 363,770 701,264
ELI LILLY AND COMPANY COM NPV 196,209 577,091
EPIROC AB SER'A'NPV 199,427 187,035
GENERAL ELECTRIC CO COM USD0.01 220,291 383,528
GLOBE LIFE INC COM USD1.00 210,117 308,195
HITACHI NPV 248,920 411,026
INTERCONTINENTAL EXCHANGE INC COM USD0.01 269,617 341,110
IQVIA HOLDINGS INC COM USD0.01 263,500 315,602
KEYSIGHT TECHNOLOGIES INC COM USD0.01 WD 159,655 242,135
KINDER MORGAN INC COM USD0.01 226,212 229,214
KONINKLIJKE PHILIPS NV EUR0.20 397,245 222,232
KT CORPORATION KRW5000 337,754 342,941
LLOYDS BANKING GROUP ORD GBP0.1 376,351 351,290
MICRON TECHNOLOGY INC COM USD0.10 272,131 395,892
MICROSOFT CORP COM USD0.00000625 62,690 1,147,674
MITSUBISHI UFJ FINANCIAL GROUP INC NPV 156,050 152,903
NINTENDO CO LTD NPV 374,642 443,518
ONEMAIN HLDGS INC USD0.01 202,100 203,245
OVERSEA-CHINESE BANKING CORP NPV 247,607 281,603
PPG INDUSTRIES INC COM USD1.666 223,854 250,795
REINSURANCE GROUP OF AMERICA COM USD0.01 414,545 718,627
RELX PLC GBP0.1444 215,276 316,820
RENTOKIL INITIAL ORD GBP0.01 34,632 289,974
ROCHE HOLDINGS AG GENUSSCHEINE NPV 410,091 362,072
SCHNEIDER ELECTRIC SE EUR4.00 236,336 469,550
SONY GROUP CORPORATION NPV 161,613 408,856
SVENSKA HANDELSBANKEN AB SER'A'NPV 319,295 373,142
SWEDBANK AB SER'A'NPV 271,624 416,065
TE CONNECTIVITY LTD COM CHF0.57 169,451 291,397
TRANSUNION COM USD0.01 331,271 388,418
UBER TECHNOLOGIES INC COM USD0.00001 163,568 333,648
VESTAS WIND SYSTEMS DKK0.20 137,458 160,782
VISA INC COM STK USD0.0001 'A' 119,999 426,193
WEX INC COM USD0.01 238,171 273,537
WILLIS TOWERS WATSON PLC COM USD0.000304635 232,563 289,681
ICICI BANK LIMITED SPON ADR EACH REPR 2 ORD SHS 98,335 257,329
KT CORPORATION SPON ADR EACH REP 1/2 ORD SHS KRW5000 63,566 62,913
SHELL PLC SPON ADS EA REP 2 ORD SHS 531,833 576,211
TOTALENERGIES SE SPON ADS EA REP 1 ORD SHS 357,959 409,266
VANGUARD SCOTTSDALE FDS VANGUARD MTG BACKED SECS ETF 227,211 223,084
AAON INC 0 19,502
APPLIED INDUSTRIAL TECHNOLOGIES INC 15,884 25,213
ARCBEST CORP COM USD0.01 35,560 37,385
ATKORE INC COM USD0.01 38,261 53,440
ATS CORPORATION COM 13,576 31,484
AVIDXCHANGE HOLDINGS INC 22,974 29,191
AZEK CO INC CL A 24,942 30,830
BADGER METER INC COM 0 18,370
BRP GROUP INC COM CL A 41 20,225
CALIX INC 15,579 20,010
CARTERS INC COM 3,446 33,176
DONNELLEY FINL SOLUTIONS INC COM 4,923 38,794
EMBECTA CORP COMMON STOCK 12,971 13,459
ENPRO INDUSTRIES INC 12,022 20,690
FIRST BANCORP (NORTH CAROLINA) 32,304 34,530
GENTHERM INC COM 19,234 47,176
HANNON ARMSTRONG SUSTAINABLE 33,096 34,889
HURON CONSULTING GROUP INC 20,476 22,822
INSIGHT ENTERPRISES INC 32,790 40,045
INTERNATIONAL MNY EXPRESS INC COM 35,615 37,641
KORN FERRY COM NEW 35,274 27,123
LITTELFUSE INC COM 4,688 15,518
MERIT MED SYS INC COM 14,350 52,336
MUELLER INDS INC COM 6,735 44,887
OMNICELL COM COM 6,936 19,041
ONE GAS INC COM USD0.01 42,087 36,894
PJT PARTNERS INC COM CL A 0 27,912
PROGYNY INC COM 42,631 40,117
PROS HOLDINGS INC COM 6,720 58,534
STEWART INFORMATION SERVICES CORP 43,791 54,285
STONEX GROUP INC COM 20,268 53,158
STRIDE INC COM 34,533 54,027
SUNOPTA INC COM ISIN #CA8676EP1086 SEDOL 29,959 26,207
TECHTARGET INC 31,131 25,657
TRIMBLE INC COM 0 14,577
US PHYSICAL THERAPY COM 32,044 28,128
VERRA MOBILITY CORP CL A COM STK 24,907 27,613
WALKER & DUNLOP INC COM 19,539 23,423
XPEL INC COM 9,710 23,479

TY 2023 InvestmentsGovtObligationsSch
Name:
TRUST FOR MUTUAL UNDERSTANDING
EIN:
13-3212724
US Government Securities - End of Year Book Value:

3,752,792
US Government Securities - End of Year Fair Market Value:

3,591,388
State & Local Government Securities - End of Year Book Value:


1,114,238
State & Local Government Securities - End of Year Fair Market Value:


929,692


TY 2023 LegalFeesSchedule
Name:
TRUST FOR MUTUAL UNDERSTANDING
EIN:
13-3212724
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 8,573 0   8,573


TY 2023 OtherAssetsSchedule
Name:
TRUST FOR MUTUAL UNDERSTANDING
EIN:
13-3212724
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ICAPITAL - VOF. L.P. 121,457 134,700 134,700
5500 FUND 537    
ROCKEFELLER ALTERNATIVE STRATEGIES FUND QP L 12,549 14,223 13,765
VENROCK PARTNERS IX L.P. 85,087 161,979 170,000
VENROCK PARTNERS V, LP 41,455 42,740 43,208
VENROCK PARTNERS VIII, LP 679,945 665,619 1,755,864
VENROCK PARTNERS VII, LP 512,671 483,124 2,845,967
NEW CENTURY HOLDINGS XI, LP 653,375 661,961 622,285
ROCKEFELLER ACCESS FUND 06-II LLC 140,291 122,757 123,379
ROCKEFELLER ACCESS FUND 2015, LLC 577,726 602,159 806,052
ROCKEFELLER PRIVATE EQUITY PARTNERS II, LLC 10,006 26,812 26,812


TY 2023 OtherDecreasesSchedule
Name:
TRUST FOR MUTUAL UNDERSTANDING
EIN:
13-3212724
Description Amount
PRIOR PERIOD ADJUSTMENT/BOOK TAX DIFFERENCE 377,803
DIFFERENTIAL OF CONTRIBUTED STOCK 946,364


TY 2023 OtherExpensesSchedule
Name:
TRUST FOR MUTUAL UNDERSTANDING
EIN:
13-3212724
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSES 27,111 0   27,111
STORAGE 2,105 0   2,105
TELEPHONE, FAX & POSTAGE 6,664 0   6,664
MEMBERSHIP, BOOKS, PERIODICALS 14,723 0   14,723
INSURANCE EXPENSE 16,735 0   16,735
BANK FEES 307 307   0
PASSTHROUGH EXPENSES 69,778 69,778   0
OTHER EXPENSES 1,061 0   1,061
WORKSHOPS 21,465 0   21,465
IT EXPENSES 27,905 0   27,905
PASSTHROUGH LOSSES 10,678 10,678   0
OTHER PAYROLL EXPENSES 12,382 0   12,382


TY 2023 OtherIncomeSchedule2
Name:
TRUST FOR MUTUAL UNDERSTANDING
EIN:
13-3212724
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 935 935 935
UBIT 10,059 10,059 10,059


TY 2023 OtherIncreasesSchedule
Name:
TRUST FOR MUTUAL UNDERSTANDING
EIN:
13-3212724
Description Amount
QSBS STOCK 315


TY 2023 OtherProfessionalFeesSchedule
Name:
TRUST FOR MUTUAL UNDERSTANDING
EIN:
13-3212724
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
RTC AGENCY FEES 264,233 107,857   156,376
CONSULTING FEES 30,958 0   30,958


TY 2023 TaxesSchedule
Name:
TRUST FOR MUTUAL UNDERSTANDING
EIN:
13-3212724
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES ON SECURITIES 66,244 66,244   0
FEDERAL TAXES 15,000 0   0
PAYROLL TAXES 35,396 0   35,396