TY 2023 Form 990PF

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)
	1	Contributions, gifts, grants, etc., received (attach schedule)	2,020,781
2	Check .............
3	Interest on savings and temporary cash investments	574	574
4	Dividends and interest from securities...	658,219	640,832
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		11,426
b	Gross sales price for all assets on line 6a 1,035,346
7	Capital gain net income (from Part IV, line 2)...		137,189
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......	List of Attached Documents: // Content	69,325	650
12	Total. Add lines 1 through 11........	2,760,325	779,245
	13	Compensation of officers, directors, trustees, etc.	30,000	0		30,000
14	Other employee salaries and wages......	16,500	0		16,500
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	16,995	8,497		8,498
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	34,400	17,200		17,200
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	199,643	139,584		28,994
17	Interest...............	3,194	3,194		0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	13,513	4,158		4,526
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	15,178	26		3,156
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	329,423	172,659		108,874
25	Contributions, gifts, grants paid.......	630,601			630,601
26	Total expenses and disbursements. Add lines 24 and 25	960,024	172,659		739,475
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,800,301
b	Net investment income (if negative, enter -0-)		606,586
c	Adjusted net income (if negative, enter -0-)...

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	474,851	149,893	149,893
	3	Accounts receivable 5,651
		Less: allowance for doubtful accounts	2,462	5,651	5,651
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	0	List of Attached Documents: // Content 121,406	121,406
	b	Investments—corporate stock (attach schedule).......	4,408,176	List of Attached Documents: // Content 5,044,375	7,993,123
	c	Investments—corporate bonds (attach schedule).......	0	List of Attached Documents: // Content 300,000	295,634
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	5,637,085	List of Attached Documents: // Content 5,683,293	5,580,342
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	10,522,574	11,304,618	14,146,049
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	10,522,574	11,304,618
	29	Total net assets or fund balances (see instructions).....	10,522,574	11,304,618
	30	Total liabilities and net assets/fund balances (see instructions).	10,522,574	11,304,618

(e) Gross sales price	(f) Depreciation allowed (or allowable)	(h) Gain or (loss) (e) plus (f) minus (g)
a		6,313	-6,313
b		11,898	-11,898
c	32		32
d		11,384	-11,384
e	16,143		16,143
	614,146	501,628	112,518
	388,434	361,303	27,131
	5,631	5,631	0
	10,960		10,960

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	137,189
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................	3

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	8,432
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	8,432
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	8,432
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	6,000
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	5,000
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............	7	11,000
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.	8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......	9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10	2,568
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax2,568	Refunded	11	0

(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
PORNTIP BUI SIMON	PRESIDENT / DIRECTOR 0.50	0	0	0
8765 PINE RIDGE DRIVE INDIANAPOLIS,IN46260
HERBERT SIMON	VICE PRESIDENT / DIRECTOR 0.25	0	0	0
PO BOX 7033 INDIANAPOLIS,IN462400857
MARK N BERNSTEIN	TREASURER / DIRECTOR 0.50	0	0	0
PO BOX 40857 INDIANAPOLIS,IN46240
LISA FITTERLING	SECRETARY / DIRECTOR 10.00	30,000	0	0
8765 PINE RIDGE DRIVE INDIANAPOLIS,IN46240

		(a) Corpus	(b) Years prior to 2022	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7					584,118
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......	69,217
b From 2019......	116,026
c From 2020......	145,553
d From 2021......	27,563
e From 2022......	63,933
f Total of lines 3a through e ........		422,292
4Qualifying distributions for 2023 from Part
XI, line 4: $ 739,475
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.....					584,118
e Remaining amount distributed out of corpus		155,357
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		577,649
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) ...		69,217
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		508,432
10 Analysis of line 9:
a Excess from 2019....	116,026
b Excess from 2020....	145,553
c Excess from 2021....	27,563
d Excess from 2022....	63,933
e Excess from 2023....	155,357

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ARIZONA STATE UNIVERSITY PO BOX 870412 TEMPE,AZ85287	NONE	I	SCHOLARSHIP FOR NATASHA FERNANDEZ	10,000
BINGHAMTON UNIVERSITY BRIGHAM YOUNG UNIVERSITY-PROVO PROVO,UT84602	NONE	I	SCHOLARSHIP FOR PIMADA PHONGSURIYA	10,000
BROWN UNIVERISTY BROWN UNIVERSITY PROVIDENCE,RI02912	NONE	I	SCHOLARSHIPS, $10,000 FOR AVA FONG, $4,000 FOR BENJAMIN DUONG	14,000
CAL STATE UNIV OF LONG BEACH 1250 BELLTOWER BLVD LONG BEACH,CA90840	NONE	I	SCHOLARSHIP FOR NICOLE RAVER	10,000
CALIFORNIA STATE UNIVERSITY LA 5151 STATE UNIVERSITY DR LOS ANGELES,CA90032	NONE	I	SCHOLARSHIP FOR KARNJANIN SUANKULARB	10,000
CHULALONGKORN UNIVERSITY 254 PHAYA THAI RD WANG MAI PATHUM WAN BANGKOK10330 TH	NONE	I	SCHOLARSHIPS FOR KASIDET KRIANGWONG, THIWARAPHAT CHIRACHOTTNANASAK, AND VARINTHORN BOVORNKITPAKORN	4,403
CHULALONGKORN UNIVERSITY 254 PHAYA THAI RD WANG MAI PATHUM WAN BANGKOK10330 TH	NONE	I	SCHOLARSHIP FOR CHAYAKAN RASSAMEECHAROENCHAI	1,469
CORNELL UNIVERSITY 341 PINE TREE ROAD ITHACA,NY14850	NONE	I	SCHOLARSHIP FOR JIDAPA JIJI JANPATHOMPONG	10,000
EASTERN KENTUCKY UNIVERSITY 521 LANCASTER AVE RICHMOND,KY40475	NONE	I	SCHOLARSHIP FOR JOHN SCHUMACER	10,000
FASHION INSTITUTE OF TECHNOLOGY 227 W 27TH ST NEW YORK,NY10001	NONE	I	SCHOLARSHIP FOR ISRA KERTGATE	5,000
HARVARD UNIVERSITY 801 SMITH CAMPUS CENTER CAMBRIDGE,MA02138	NONE	I	SCHOLARSHIP FOR JESSICA SHIFLETT	2,500
JOHNS HOPKINS UNIVERSITY 3400 N CHARLES STREET BALTIMORE,MD21218	NONE	I	SCHOLARSHIP FOR SITTHA CHEERASARN	10,000
KING MONGKUT'S INSTITUTE OF TECHNOL 1 CHALONG KRUNG 1 ALLEY LAT KRABANG BANGKOK10520 TH	NONE	I	SCHOLARSHIP FOR CHALYAPAT PHUCHALYANAN	1,439
MAE FAH LUANG UNIVERSITY 1 333 THA SUT MUEANG CHIANG RAI DISTRICT CHIANG RAI57100 TH	NONE	I	SCHOLARSHIP FOR APIWATH MALEESRISAWAI	1,727
MAHIDOL UNIVERSITY 999 PHUTTHAMONTHON SAI 4 RD SALAYA PHUTTHAMONTHON DISTRICT NAKHON PATHOM73170 TH	NONE	I	SCHOLARSHIP FOR ITTIKORN MEKSUJIT - THAI SCHOLARSHIP RECIPIENT	918
MAHIDOL UNIVERSITY 999 PHUTTHAMONTHON SAI 4 RD SALAYA PHUTTHAMONTHON DISTRICT NAKHON PATHOM73170 TH	NONE	I	SCHOLARSHIP FOR ITTIKORN MEKSUJIT	864
MICHIGAN STATE UNIVERSITY 426 AUDITORIUM ROAD EAST LANSING,MI48824	NONE	I	SCHOLARSHIPS, $10,000 FOR NATASHA DHAMAVASI, $10,000 FOR JASMINE TONGBUA	20,000
MONTANA STATE UNIVERSITY CULBERTSON HALL 100 BOZEMAN,MT59717	NONE	I	SCHOLARSHIP FOR AUDREY FELLOWS	10,000
NARESUAN UNIVERSITY 999 THA PHO MUEANG PHITSANULOK DISTRICT PHITSANULOK65000 TH	NONE	I	SCHOLARSHIP FOR YUWARIN CHAITHON	1,265
NORTHEASTERN UNIVERSITY 360 HUNTINGTON AVE BOSTON,MA02115	NONE	I	SCHOLARSHIP FOR ARISTA BUDDHANI	10,000
OREGON STATE UNIVERSITY OREGON STATE UNIVERSITY CORVALLIS,OR97331	NONE	I	SCHOLARSHIPS, $10,000 FOR ARISA PHUVASATE, $10,000 FOR ANDREW GONDOPUTRO	20,000
PACIFIC UNIVERSITY 2043 COLLEGE WAY FOREST GROVE,OR97116	NONE	I	SCHOLARSHIP FOR CHUNYA BEAD BOONTA	10,000
PRINCE OF SONGKLA UNIVERSITY PATTAN 1816 CHAROEN RD RUSAMILAE MUEANG PATTANI DISTRICT PATTANI94000 TH	NONE	I	SCHOLARSHIP FOR FUDAINEE HABAWAE	922
RAJAMANGALA UNIVERSITY OF TECHNOLOG 744 SURA NARAI RD TAMBON NAI MUEANG AMPHOE MUEANG NAKHON RATCHASIMA CHANG WAT NAKHON30000 TH	NONE	I	SCHOLARSHIP FOR PANYACHUN KAEWSUWAN	498
RAJAMANGALA UNIVERSITY 391 RANGSIT - NAKHON NAYOK RD KHLONG HOK KHLONG LUANG DISTRICT PATHUM THANI12110 TH	NONE	I	SCHOLARSHIP FOR THANAPORN NARAKE	1,670
SILPAKORN UNIVERSITY PHETCHABURI IN 1 CHA-AM - PRANBURI BYPASS RD SAM PHRAYA CHA-AM DISTRICT PHETCHABURI76120 TH	NONE	I	SCHOLARSHIP FOR PAWANRAT JARUWATTANAPONG	1,755
SRINAKHARINWIROT UNIVERSITY 114 SUKHUMVIT 23 WATTANA DISTRICT BANGKOK10110 TH	NONE	I	SCHOLARSHIP FOR KASIRA KOMARADAT	1,249
STANFORD UNIVERSITY 355 GALVEZ STREET STANFORD,CA94305	NONE	I	SCHOLARSHIP FOR JESSICA ONG	10,000
STATE FAIR COMMUNITY COLLEGE SFCC 3201 W 16TH ST SEDALIA,MO65301	NONE	I	SCHOLARSHIP FOR NICHAPHA MEESEMA	5,000
STONY BROOK UNIVERSITY 100 NICOLLS RD STONY BROOK,NY11794	NONE	I	SCHOLARSHIPS, $10,000 FOR IRENE YIMMONGKOL, $10,000 FOR RAVISSARA PETCHARIT	20,000
TEACH FOR THAILAND FOUNDATION 10 SOI LASALLE 56 SUKHUMVIT RD BANGNA10260 TH	N/A	NC	TO SUPPORT EDUCATIONAL NEEDS IN THAILAND; EXPENDITURE RESPONSIBILITY EXERCISED	123,820
THAI AMERICAN YOUTH HERITAGE PROGRAM 611 N LARCHMONT BLVD 2 LOS ANGELES,CA90004	N/A	NC	TO SUPPORT CONSTRUCTIVE ACTIVITIES FOR THAI YOUTHS IN THE US IN ORDER TO PROMOTE CLOSE TIES AND BONDS BETWEEN THEM AND THAILAND SO AS TO BE PROUD OF THEIR THAI HERITAGE AND CULTURE; EXPENDITURE RESPONSIBILITY EXERCISED	10,000
THE BANGKOK COMBINED CHOIR AND ORCHESTRA GRACE AUDITORIUM 105 WIRELESS ROAD LUMPINI PATHUMWAN BANGKOK10330 TH	N/A	NC	GENERAL OPERATIONS; EXPENDITURE RESPONSIBILITY EXERCISED	14,550
UNIVERSITY OF ARIZONA THE UNIVERSITY OF ARIZONA TUCSON,AZ85721	NONE	I	SCHOLARSHIP FOR ALESSA FERGUSON	10,000
UNIVERSITY OF CALIFORNIA BERKELEY 201 SPROUT HALL 1960 BERKELEY,CA94720	NONE	I	SCHOLARSHIPS, $10,000 FOR MICHELLE KOGA, $10,000 FOR MIRIYA MAYENKAR, $10,000 FOR NATALIE MEKSAVANH	30,000
UNIVERSITY OF CALIFORNIA DAVIS 1100 DULTON HALL ONE SHIELDS AVE DAVIS,CA95616	NONE	I	SCHOLARSHIP FOR CHRISTIAN ONGWONGSAKUL	10,000
UNIVERSITY OF CALIFORNIA IRVINE 102 ALDRICH HALL IRVINE,CA92697	NONE	I	SCHOLARSHIPS, $10,000 FOR BEN SIRIVALLOP, $10,000 FOR TANYAWAN KYLIE THONGSRINOON, $10,000 FOR NAPUTT AROONCHAIPIROM	30,000
UNIVERSITY OF CALIFORNIA LA BOX 957089-1125 MURPHY HALL 405 HILGARD AVE LOS ANGELES,CA90095	NONE	I	SCHOLARSHIPS, $10,000 FOR JARUNUN WONGPHATARAKUL, $10,000 FOR NATALIE SETTHABOUPHA, $10,000 FOR NEO PHUCHANE, $10,000 FOR NUTPISA MANGKEO, $10,000 FOR GINA HAGER	50,000
UNIVERSITY OF CALIFORNIA 1111 FRANKLIN STREET OAKLAND,CA94607	NONE	I	SCHOLARSHIP FOR PAUL WONGSUPREEKUL	10,000
UNIVERSITY OF FLORIDA UNIVERSITY OF FLORIDA GAINSVILLE,FL32611	NONE	I	SCHOLARSHIPS, $10,000 FOR ADELA MILKES, $10,000 FOR MADISON ADKINS	20,000
UNIVERSITY OF GEORGIA UNIVERSITY OF GEORGIA ATHENS,GA30602	NONE	I	SCHOLARSHIP FOR NAT CHARINTRANONT	10,000
UNIVERSITY OF ILLINOIS 610 EAST JOHN STREET CHAMPAIGN,IL61820	NONE	I	SCHOLARSHIP FOR KAISANG CHOODAM	10,000
UNIVERSITY OF MASSACHUSETTS AMHERST 300 MASSACHUSETTS AVE AMHERST,MA01003	NONE	I	SCHOLARSHIP FOR JINN JANPATHOMPONG	10,000
UNIVERSITY OF MICHIGAN 500 S STATE ST ANN ARBOR,MI48109	NONE	I	SCHOLARSHIP FOR NADIA POOPAT	10,000
UNIVERSITY OF NEVADA LAS VEGAS 4505 S MARYLAND PKWY LAS VEGAS,NV89154	NONE	I	SCHOLARSHIP FOR SUCHUNYA ROSE BUMRUNG	10,000
UNIVERSITY OF SOUTHERN UNIVERSITY OF SOUTHERN CALIFORNIA LOS ANGELES,CA90007	NONE	I	SCHOLARSHIP FOR MARCUS LO	10,000
UNIVERSITY OF TEXAS AT AUSTIN 2515 SPEEDWAY AUSTIN,TX78712	NONE	I	SCHOLARSHIP FOR NARAWIT BOONPLUENGNAI	10,000
UNIVERSITY OF THE THAI CHAMBER OF C 126/1 VIBHAVADI RANGSIT RD KHWAENG DIN DAENG DIN DAENG BANGKOK10400 TH	NONE	I	SCHOLARSHIP FOR CHANON NANSIRI	2,650
UNIVERSITY OF VIRGINIA UNIVERSITY OF VIRGINIA CHARLOTTESVILLE,VA22904	NONE	I	SCHOLARSHIP FOR APICHAYA KAEWKLOM	10,000
VIRGINIA TECH 290 COLLEGE AVE BLACKSBURG,VA24061	NONE	I	SCHOLARSHIP FOR KATE THEPNORARAT	10,000
WESTERN UNIVERSITY 114 TAMBON LAT SAWAI AMPHOE LAM LUK KA CHANG WAT PATHUM12150 TH	NONE	I	SCHOLARSHIP FOR NARUETHAI CHOMUEAN	4,902
YALE UNIVERSITY PO BOX 208288 NEW HAVEN,CT06520	NONE	I	SCHOLARSHIP FOR NORAMON RANSIBRAHMANAKUL	10,000
Total ................................. 3a				630,601

(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
1 a	FROM K-1: KARIP, L.P.	P
b	FROM K-1: KLCF, L.P.	P
c	FROM K-1: SCI II, L.P.	P
d	FROM K-1: SCI III, L.P.	P
e	FROM K-1: EQUINOX CONSERVATIVE FUND I, L.P.	P
	PUBLICLY TRADED SECURITIES
	PUBLICLY TRADED SECURITIES
	FROM K-1: EQUINOX CONSERVATIVE FUND I, L.P.	P
	CAPITAL GAINS DIVIDENDS	P

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
CHARLES SCHWAB & CO INC	INVESTMENT MANAGEMENT	82,387
3000 SCHWAB WAY WESTLAKE,TX76262	INVESTMENT MANAGEMENT	82,387

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2023	(b) 2022	(c) 2021	(d) 2020	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	574
4 Dividends and interest from securities ....	901101	607	14	657,612
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 .....	901101	6,927	14	62,398
8 Gain or (loss) from sales of assets other than inventory ............	901101	5,631	18	5,795
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) ..		13,165		726,379	0

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

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			-6,313
b			-11,898
c			32
d			-11,384
e			16,143
			112,518
			27,131
			0
			10,960


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









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

bApproved for future payment

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

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

Name of organization ANGELS WINGS FOUNDATION INTERNATIONAL INC

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	HERBERT SIMON PO BOX 7033 INDIANAPOLIS, IN46207	$ 2,019,091	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)

Name of organization ANGELS WINGS FOUNDATION INTERNATIONAL INC		Employer identification number 04-3730022

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	PUBLICLY TRADED SECURITIES	$ 2,019,091	2023-12-15
(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)


Name of organization ANGELS WINGS FOUNDATION INTERNATIONAL INC			Employer identification number 04-3730022
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.) $ Use duplicate copies of Part III if additional space is needed.

Grantee's Name	Grantee's Address	Grant Date	Grant Amount	Grant Purpose	Amount Expended By Grantee	Dates of Reports By Grantee	Date of Verification
THE BANGKOK COMBINED CHOIR AND ORCHESTRA	GRACE AUDITORIUM 105 WIRELESS ROAD LUMPINI PATHUMWAN BANGKOK10330 TH	2023-10-06	14,550	GENERAL OPERATIONS.	14,550	12/31/23	2023-12-31
TEACH FOR THAILAND FOUNDATION	10 SOI LASALLE 56 SUKHUMVIT RD BANGNA10260 TH	2023-10-06	123,820	TO SUPPORT EDUCATIONAL NEEDS IN THAILAND.	123,820	12/31/23	2023-12-31
THAI AMERICAN YOUTH HERITAGE PROGRAM	611 N LARCHMONT BLVD 2 LOS ANGELES,CA90004	2023-04-14	10,000	TO SUPPORT CONSTRUCTIVE ACTIVITIES FOR THAI YOUTHS IN THE US IN ORDER TO PROMOTE CLOSE TIES AND BONDS BETWEEN THEM AND THAILAND SO AS TO BE PROUD OF THEIR THAI HERITAGE AND CULTURE.	10,000	12/31/23	2023-12-31

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BLUEROCK HIGH INCOME INS	200,000	193,805
FORUM REAL ESTATE INCOME	100,000	101,829

Name of Stock	End of Year Book Value	End of Year Fair Market Value
1/100 BERKSHIRE HATHAWAY	615,990	1,085,250
ALPHABET INC.	230,256	577,813
AMAZON	145,738	303,880
APPLE INC	95,973	440,124
ARES CAPITAL CORP	49,374	52,078
BLUEROCK TOTAL INCOME	100,000	88,711
BROADMARK REALTY CAP INC	404,380	199,619
CALAMOS MARKET NEUTRAL	526,575	562,320
CATERPILLAR INC.	54,943	251,320
COHEN & STEERS INST (CSRIX)	134,020	135,346
COHEN & STEERS PREFERRED (CPXIX)	150,015	126,214
FS KKR CAPITAL CORP	50,945	53,919
INTERNATIONAL PAPER	123,592	125,621
MICROSOFT CORP	780,417	1,589,897
NESTLE S A	99,360	179,805
NETFLIX INC.	200,851	272,653
PFIZER INC	113,190	112,281
PHILIP MORRIS INTL	215,800	246,490
PROCTOR & GAMBLE	78,040	175,848
SPDR GOLD SHARES ETF	120,415	191,170
UNILEVER PLC	176,272	219,566
VANECK VECTORS GOLD ETF (GDX)	198,608	272,888
VANECK VECTORS JUNIOR ETF (GDXJ)	98,992	117,521
VANGUARD 500 INDEX (VFIAX)	128,855	331,213
VANGUARD MID CAP INDEX (VIMAX)	151,774	281,576

Software ID:
Software Version:

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
EQUINOX CONSERVATIVE FUND	FMV	656,094	656,094
GOLUB CAPITAL PARTNERS INTL 11	FMV	875,000	903,062
GOLUB CAPITAL PARTNERS INTL 12	FMV	450,000	464,418
GREENBACKER RENEWABLE ENERGY	FMV	312,305	468,048
IRRADIANT RENEWABLE OPPS PARTNERS	FMV	111,014	121,628
KAYNE ANDERSON RENEWABLE INFRASTRUCTURE	FMV	464,539	541,838
KAYNE COMMERCIAL REAL ESTATE DEBT	FMV	234,144	233,124
KAYNE LIQUID CREDIT FUND K-1	FMV	465,666	461,841
KAYNE SENIOR CREDIT III OFFSHORE FUND, LP	FMV	865,319	409,254
STRUCTURAL CAPITAL INVESTMENTS III	FMV	493,173	482,982
STRUCTURAL CAPITAL INVESTORS II	FMV	32,746	130,623
SUNDANCE DEBT PARTNERS	FMV	723,293	707,430

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
OFFICE EXPENSES	3,061	0	0
WEBSITE EXPENSE	5,368	0	0
AWARDS CEREMONY EXPENSE	6,313	0	3,156
WIRE FEES	26	26	0
FILING FEES	410	0	0

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
FROM K-1: EQUINOX CONSERVATIVE FUND	14,275	528	14,275
FROM K-1: KARIP	-7,758	87	-7,758
FROM K-1: IROPTE	35	35	35
FROM K-1: SCI III	53,677	0	53,677
FROM K-1: SUNDANCE DEBT PARTNERS	19	0	19
REFUNDED BANK FEES	2,150	0	2,150
FROM K-1: EQUINOX CONSERVATIVE FUND	6,903	0	6,903
FROM K-1: IROPTE	24	0	24

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
BROKERAGE ADVISORY FEES	82,387	82,387	0
CONSULTING FEES	57,989	0	28,994
FROM K-1S: INVESTMENT FEES	59,267	57,197	0

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
FOREIGN TAX PAID	4,158	4,158	0
PAYROLL TAX PAID	4,526	0	4,526
FEDERAL TAX PAID	4,829	0	0