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
ALCOA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)201 ISABELLA STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15212
A Employer identification number

36-4831759
B Telephone number (see instructions)

(412) 553-3279
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$141,663,592J Accounting method:
modified cash
(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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 39 39  
4 Dividends and interest from securities... 3,398,017 3,438,882  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,023,179
b Gross sales price for all assets on line 6a 43,209,052
7 Capital gain net income (from Part IV, line 2)... 0
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
186,463 -2,869  
12 Total. Add lines 1 through 11........ 2,561,340 3,436,052  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 219,001 0   219,001
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 118,528 0   118,528
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
50,125 18,177   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
445,042 357,988   37,879
17 Interest...............   911    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
179,683 42,402   0
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
180,768 38,223   166,076
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,193,147 457,701   541,484
25 Contributions, gifts, grants paid....... 4,522,346 5,897,604
26 Total expenses and disbursements. Add lines 24 and 25 5,715,493 457,701   6,439,088
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,154,153
b Net investment income (if negative, enter -0-) 2,978,351
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............. 29,585 44 44
2 Savings and temporary cash investments......... 710,364 411,692 411,692
3 Accounts receivable right arrow198,387
Less: allowance for doubtful accounts right arrow   133,085 198,387 198,387
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) 25,236,358 Click to see attachment
List of Attached Documents:
// Content
27,213,690 		27,213,690
b Investments—corporate stock (attach schedule)....... 96,288,112 Click to see attachment
List of Attached Documents:
// Content
109,159,921 		109,159,921
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).......... 5,778,315 Click to see attachment
List of Attached Documents:
// Content
4,679,858 		4,679,858
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
102,859 		Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 128,278,678 141,663,592 141,663,592
Liabilities 17 Accounts payable and accrued expenses.......... 60,674 116,476
18 Grants payable................. 2,595,454 1,178,058
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) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
135,893
23 Total liabilities (add lines 17 through 22)......... 2,656,128 1,430,427
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........... 125,622,550 140,233,165
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    
29 Total net assets or fund balances (see instructions)..... 125,622,550 140,233,165
30 Total liabilities and net assets/fund balances (see instructions). 128,278,678 141,663,592
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
125,622,550
2
Enter amount from Part I, line 27a .....................
2
-3,154,153
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
17,764,768
4
Add lines 1, 2, and 3 ..........................
4
140,233,165
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
140,233,165
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 FLOWTHROUGH FROM PARTNERSHIPS P    
b PUBLICLY TRADED SECURITIES      
c CAPITAL GAIN DISTRIBUTION P    
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     38,923 -38,923
b 42,535,825   44,191,602 -1,655,777
c 311,378     311,378
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       -38,923
b       -1,655,777
c       311,378
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 -1,383,322
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 41,399
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 41,399
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 41,399
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 60,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 110,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 136
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 68,465
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow68,465 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 arrowPA
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
Yes
 
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 arrowHTTPS://WWW.ALCOA.COM/FOUNDATION/EN
14
The books are in care ofright arrowKATIE WARUSZEWSKI Telephone no.right arrow (412) 315-2719

Located atright arrow201 ISABELLA STREETPITTSBURGHPA ZIP+4right arrow15212
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)
Yes
 
(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
 
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
Yes
 
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
ROSA GARCIA PINEIRO PRESIDENT
22.00 		109,012 75,754 0
201 ISABELLA STREET
PITTSBURGH,PA15212
CAROLINE ROSSIGNOL EX-OFFICIO (ENTERED 09/23)
40.00 		36,900 14,350 0
201 ISABELLA STREET
PITTSBURGH,PA15212
ROBERT BEAR DIRECTOR
1.50 		0 0 0
201 ISABELLA STREET
PITTSBURGH,PA15212
OTAVIO CARVALHEIRA DIRECTOR
1.50 		0 0 0
201 ISABELLA STREET
PITTSBURGH,PA15212
ANNE-CATHERINE COUTURE DIRECTOR
1.50 		0 0 0
201 ISABELLA STREET
PITTSBURGH,PA15212
SONYA ELAM HARDEN DIRECTOR
1.50 		0 0 0
201 ISABELLA STREET
PITTSBURGH,PA15212
DARRIN STRANGE DIRECTOR
1.50 		0 0 0
201 ISABELLA STREET
PITTSBURGH,PA15212
KATIE WARUSZEWSKI TREASURER
2.00 		11,770 4,577 0
201 ISABELLA STREET
PITTSBURGH,PA15212
KAYLA BRANCH GRANTS ADMINISTRATOR ASST SECRETARY, PROG MGR
40.00 		61,318 23,846 0
201 ISABELLA STREET
PITTSBURGH,PA15212
MOLLY BEERMAN EX-OFFICIO
1.50 		0 0 0
201 ISABELLA STREET
PITTSBURGH,PA15212
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
ALCOA CORPORATION MANAGEMENT 428,386
201 ISABELLA STREET
PITTSBURGH,PA15213
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
130,506,483
b
Average of monthly cash balances.......................
1b
27,987
c
Fair market value of all other assets (see instructions)................
1c
4,933,922
d
Total (add lines 1a, b, and c).........................
1d
135,468,392
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
135,468,392
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,032,026
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
133,436,366
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,671,818
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
6,671,818
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
41,399
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
41,399
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,630,419
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,630,419
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
6,630,419
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
6,439,088
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
6,439,088
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 6,630,419
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...... 297,570
b From 2019...... 501,522
c From 2020......  
d From 2021...... 180,903
e From 2022......  
f Total of lines 3a through e ........ 979,995
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 6,439,088
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..... 6,439,088
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 191,331 191,331
(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 5 788,664
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) ... 		106,239
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		682,425
10 Analysis of line 9:
a Excess from 2019.... 501,522
b Excess from 2020....  
c Excess from 2021.... 180,903
d Excess from 2022....  
e Excess from 2023....  
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 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

ALLEGHENY COUNTY PARKS FOUNDATION

675 OLD FRANKSTOWN ROAD
PITTSBURGH,PA15239 		N/A PC ENHANCING SUSTAINABILITY IN ALLEGHENY COUNTY PARKS 20,000

ASPEN MEDICAL FOUNDATION

2 KING STREET DEAKIN
CANBERRA   2601
AS 		N/A NC PROVIDE PROSTHETICS TO VICTIMS OF THE UKRAINE WAR 330,000

ASPEN MEDICAL FOUNDATION

2 KING STREET DEAKIN
CANBERRA   2601
AS 		N/A NC MALPA'S YOUNG DOCTOR COURSE IN 6 LOCATIONS IN WA 73,675

BADIN HISTORIC MUSEUM INC

60 FALLS ROAD PO BOX 516
BADIN,NC28009 		N/A PC HARDAWAY AMERICAN INDIAN MUSEUM WEBSITE GRANT PROPOSAL 50,000

CALHOUN COUNTY INDEPENDENT SCHOOL DISTRICT

525 N COMMERCE STREET
PORT LAVACA,TX77979 		N/A GOV CCISD MARINE SCIENCE EDUCATION GRANT 20,000

CAMP PORTNEUF

4229 CHEMIN DU LAC SEPT-ILES
SAINTRAYMOND,QUEBECG3L 2S6
CA 		N/A PC ENHANCED EDUCATION PROGRAM AND MAKE CAMP ACCESSIBLE 115,500

CASTLE ROBOTICS CLUB INCORPORATED

3344 IND-261
NEWBURGH,IN47630 		N/A PC CASTLE ROBOTICS CLUB FUNDING 25,000

CEGEP DE BAIE-COMEAU

537 BOUL BLANCHE
BAIECOMEAU,QUEBECG5C 282
CA 		N/A PC INFRASTRUCTURES SUPPORTING WORKFORCE TRAINING, RESEARCH REGARDING GREEN AND DIGITAL TRANSITIONS 235,000

CITEC INC

BOX 8561 CLARKSON UNIVERSITY
POTSDAM,NY13699 		N/A PC WORKFORCE RETENTION BY DESIGN TO ENCOURAGE ECONOMIC DEVELOPMENT LOCALLY 40,000

COMITE ZIP DE LA RIVE NORD DE LESTUAIRE

31 AVENUE MARQUETTE
BAIECOMEAU,QUEBECG47 1K4
CA 		N/A PC IMPROVE COASTAL HABITAT KNOWLEDGE AND IMPROVE CONSERVATION MANAGEMENT 25,000

COMMITTEE ENCOURAGING CORPORATE PHILANTHROPY

447 BROADWAY 2ND FL 547
NEW YORK,NY10013 		N/A PC ANNUAL MEMBERSHIP 25,000

CONSEIL DE DEVELOPPEMENT DU LOISIR SCIENTIFIQUE - RESEAU TECHNOSCIENCE

7665 BOULEVARD LACORDAIRE
MONTREAL,QUEBECH1S 2A7
CA 		N/A PC ENVIRONMENTALLY FRIENDLY SCIENCE FAIRS 40,000

COOPERATIVE EXTENSION ASSOCIATION IN THE STATE OF NY

355 W MAIN STREET SUITE 150
MALONE,NY12953 		N/A PC FRANKLIN COUNTY 4H ENTREPRENEURSHIP EDUCATION PROGRAM 20,000

ENVIRONMENTAL EDUCATION FOUNDATION OF SOIL AND WATER CONSERVATION

7413 COUNTY HOUSE ROAD
AUBURN,NY13021 		N/A PC NORTHERN ADIRONDACK REGIONAL ENVIROTHON AND THE NEW YORK STATE ENVIROTHON 20,000

FADEMA - FUNDACAO DE APOIO AO DESENVOLVIMENTO DA EXTENSAO PESQUISA ENSINO

RODOVIA MACHADO - PARAGUACU KM 3
SANTO ANTNIO
MACHADOMG   37750
BR 		N/A PC MAPPING OF FOREST REMNANTS AROUND POCOS DE CALDAS 21,000

FITSPIRIT COMMUNITY ORGANIZATION

141 RUE SAINT-CHARLES BUREAU 4
SAINTETHERESE,QUEBECJ7E 2A9
CA 		N/A PC ACTIVE TODAY, HEALTHY FOR LIFE! 60,000

GREENING AUSTRALIA

379 COLLINS STREET
MELBOURNE   3000
AS 		N/A PC MANNA GUM RESTORATION 450,000

GROW SOUTHWEST INDIANA WORKFORCE BOARD INC

4600 WASHINGTON AVE STE 113
EVANSVILLE,IN47714 		N/A PC GROW SOUTHWEST TEACHER MANUFACTURING BOOTCAMP 25,000

IES ILLA DE SARON

C/ AGRAMONTE S/N
XOVE   27870
SP 		N/A PC ADVANCED ENGINEERING LABORATORY SUPPORT 44,000

IES MONTE CASTELO

RIL SN
BURELA LUGO   27880
SP 		N/A PC LABS INNOVATION 36,200

INSTITUTO ALCOA

AV DAS NACOES UNIDAS 14261 - ALA B
17 ANDAR
SAO PAULOSP   04578000
BR 		N/A NC DONATION OF BASIC BASKETS, HYGIENE AND CLEANING PRODUCTS, IN ADDITION TO EQUIPMENT FOR EVERYDAY LIFE 50,000

INSTITUTO ALCOA

AV DAS NACOES UNIDAS 14261 - ALA B
17 ANDAR
SAO PAULOSP   04578000
BR 		N/A NC HUMANITARIAN AID FOR INDIVIDUALS AND/OR COMMUNITIES IMPACTED BY THE FLOODS THROUGH THE PURCHASE OF 2350 FOOD BASKETS. 25,000

JUNIOR ACHIEVEMENT NORWAY AGDER (JA NORWAY AGDER)

UNIVERSITETSVEIEN 19
KRISTIANSAND S   4630
NO 		N/A PC EQUIPPING THE WORKFORCE OF TOMORROW FACING UNS SUSTAINABILITY GOALS 78,000

JUNIOR ACHIEVEMENT OF WESTERN PENNSYLVANIA INC

90 EMERSON LN SUITE 1403
BRIDGEVILLE,PA15017 		N/A PC JUNIOR ACHIEVEMENT - EDUCATION & WORKFORCE DEVELOPMENT 25,000

KANYA DONSE FANYI

KANYA DONSE FANYI KALIAKHORY
KINDIA    
GV 		N/A PC SELF-SUSTAINED IMPROVEMENT OF FOOD SECURITY AND NUTRITION IN BOKE 2 176,021

KELSO LONGVIEW CHAMBER OF COMMERCE EDUCATION FOUNDATION

105 MINOR ROAD
KELSO,WA98626 		N/A PC CAREER EXPLORATION EXPO - CONNECT STUDENTS WITH POTENTIAL EMPLOYERS/BUSINESS 20,000

LES OUVRIERS DE PAIX

264 RANG DE LA GRANDE-TERRE
STFRANCOISDULAC,QUEBECJ0G1M0
CA 		N/A PC CHEMIN DU LAC - COMPLETION 44,300

LHAQ'TEMISH FOUNDATION

2665 KWINA RD
BELLINGHAM,WA98226 		N/A PC SOLAR CREDIT REDISTRIBUTION PROJECT: ACCESS TO RENEWABLES FOR LUMMI NATIVE COMMUNITY 50,000

LITERACY PITTSBURGH

411 SEVENTH AVENUE SUITE 525
PITTSBURGH,PA15219 		N/A PC AN INVESTMENT IN LITERACY PITTSBURGH'S CAREER-ORIENTED STUDENTS AND REGIONAL WORKFORCE 25,000

MANIVA TAPAJOS BIOFACTORY

RUA VERA PAZ S/N SALE CEP 68040-255
SANTAREM,PARA  
BR 		N/A PC PRODUCTION OF DISEASE TOLERANT CASSAVA SEEDLINGS 50,000

MUNICIPALITY OF FJARDABYGGD

HAFNARGATA 2
REYOARFJOROUR   8000
IC 		N/A GOV THIS HUMANITARIAN AID WILL BE USED IN TOWN OF NESKAUPSTAOUR IN FJAROABYGGO MUNICIPALITY TO THOSE WHO SUFFERED THROUGH AVALANCHES 27TH OF MARCH 2023. 25,000

MURDOCH UNIVERSITY

90 SOUTH STREET
MURDOCH   6150
AS 		N/A PC ALCOA FOUNDATION COMMUNITY WATER MONITORING PROJECT. 250,000

MURDOCH UNIVERSITY

90 SOUTH STREET
MURDOCH   6150
AS 		N/A PC HARVEY RIVER ECOSYSTEM RESTORATION, MONITORING AND PROMOTION PROGRAM 200,000

NATURE CONSERVANCY

4245 FAIRFAX DR 100
ARLINGTON,VA22203 		N/A PC GLOBAL MANGROVE WATCH: HARNESSING TECHNOLOGY TO PROTECT AND RESTORE MANGROVES 100,000

NATURE CONSERVANCY

620 E OHIO ST
INDIANAPOLIS,IN46202 		N/A PC LOWER PIGEON CREEK WATER QUALITY IMPROVEMENT 20,000

OTITIS MEDIA GROUP INC TAS EARBUS FOUNDATION OF WESTERN AUSTRALIA

35 BREWER STREET PERTH
WESTERN AUSTRALIA   6000
AS 		N/A PC ALCOA EARBUS PROGRAM 300,000

POLICE ACTIVITIES LEAGUE OF MASSENA INC

30 BAYLEY RD
MASSENA,NY13662 		N/A PC ENVIRONMENTAL STEWARDSHIP AND HERITAGE EDUCATION. 20,000

PRONATURA

926 HIGHLAND AVE
PELHAM,NY108032908 		N/A PC JURUTI SVP 350,000

RASSEMBLEMENT DES JEUNES LEADERS DE GUINEE

QUARTIER DIXINN-COMMUNE DE DIXINN
CONAKRY   224
GV 		N/A PC SUPPORT WOMEN/GIRLS IN SITUATIONS OF ECONOMIC VULNERABILITY IN THE BOKE 98,570

REGIONAL MINISTRY OF CULTURE EDUCATION PROFESSIONAL TRAINING AND UNIVERSIT

EDIFICIO ADMINISTRATIVO SAN CAETANO
S/N
SANTIAGO DE COMPOSTELA   15781
SP 		N/A PC MINIEMPRESAS LUGO 23-24 70,600

REGIONAL MINISTRY OF CULTURE EDUCATION PROFESSIONAL TRAINING AND UNIVERSIT

EDIFICIO ADMINISTRATIVO SAN CAETANO
S/N
SANTIAGO DE COMPOSTELA   15781
SP 		N/A PC EDUCATION PROGRAM ON ENVIRONMENT 42,000

SCIENTIST FACTORY AS

KJELSASVEIEN 164
OSLO   0884
NO 		N/A NC COUNTERACT SOCIAL INEQUALITIES OFFERING QUALITY STEM-SUMMER SCHOOLS AND MATH TRAINING 78,000

STICHTING BOEKENPORTAAL SURINAME

TOURTONNELAAN 36-38
PARAMARIBO    
NS 		N/A PC CONNECTING SURINAMESE PUPILS WITH SURINAMESE BOOKS 50,600

STICHTING CHIMBO

HUNINGSPAED 6
OUDEMIRDUM   8567LL
NL 		N/A PC SCOPING STUDY: BAUXITE, FULA AND DARI 42,000

STICHTING GO BANA SURINAME VAN BANANENSTAM TOT STOF

SIDOREDJOWEG 31 SARAMACCA SURINAME
SA
PARAMARIBO    
NS 		N/A PC GO BANA SURINAME ENVIRONMENTAL ALCOA PROJECT 60,000

STIFTELSEN FEE NORWAY

FRYSJAVEIEN 33E
OSLO   0884
NO 		N/A PC EDUCATION FOR POSITIVE CLIMATE ACTION - PART 2 114,000

SZEKESFEHERVARI NEMETH LASZLO ALTALANOS ISKOLA TELJES ELET ALAPITVANY

8000 SZEKESFEHERVAR SALETROM UTCA
4-6
SZEKESFEHERVAR   8000
HU 		N/A PC RENOVATION OF SCHOOL GARDEN AND CREATING A STUDENT KITCHEN 30,000

THE BACK LOT FOUNDATION

HEERENSTRAAT 24
PARAMARIBO    
NS 		N/A PC GROEIPLAN 30,000

THE RECYCLING PARTNERSHIP

20 F ST
WASHINGTON,DC20001 		N/A PC GENERAL PARTNERSHIP & ALUMINUM RECYCLING INITIATIVE 100,000

THREE RIVERS LAND TRUST

204 E INNES STREET SUITE 120
SALISBURY,NC28144 		N/A PC HABITAT ENHANCEMENT LANDS PROGRAM (HELP) 50,000

TOURING CLUB OF FLJOTSDALSHERAD

TJARNARAS 8
EGILSSTADIR MULATHING   700
IC 		N/A PC MITIGATION AND PREVENTION OF OFF-ROAD DRIVING IN EAST-ICELAND. 30,000

TROIS-RIVIERES FOUNDATION FOR SUSTAINABLE DEVELOPMENT

1075 RUE CHAMPFLOUR
TROISRIVIERES,QUEBECG9A 2A1
CA 		N/A PC DISCOVER YOUR NATURE 80,000

UNITED WAY OF SOUTHWEST LOUISIANA

815 RYAN STREET
LAKE CHARLES,LA70601 		N/A PC UNITED WAY SUMMER OF SERVICE 20,000

UNIVERSITY OF A CORUNA

REITORIA RUA DA MAESTRANZA 9
A CORUNA   15001
SP 		N/A PC EDUCATION FOR SUSTAINABILITY 49,800

UNIVERSITY OF HOUSTON-VICTORIA

3007 N BEN WILSON
VICTORIA,TX77901 		N/A PC MULTI-LEVEL STEM ENGAGEMENT PROGRAM 32,000

VICTORIA COLLEGE FOUNDATION INC

2200 EAST RED RIVER
VICTORIA,TX77901 		N/A PC VICTORIA COLLEGE INDUSTRIAL TRADE CAREERS MOBILE UNIT 21,000

WATER MUSEUM OF FEDERAL UNIVERSITY OF TOCANTINS

ORLA 14 AVENIDA PARQUE QI04 LOTE 03
PRAIA DA GRACIOSA
PALMAS   77001-090
BR 		N/A PC WATER MUSEUM OFF FEDERAL UNIVERSITY OF TOCANTINS 40,080
Total .................................right arrow 3a 4,522,346
bApproved for future payment

CAMP PORTNEUF
4229 CHEMIN DU LAC SEPT-ILES
SAINTRAYMOND,QUEBECG3L 2S6
CA 		N/A PC ENHANCED EDUCATION PROGRAM AND MAKE CAMP ACCESSIBLE 59,200

CEGEP DE BAIE-COMEAU
537 BOUL BLANCHE
BAIECOMEAU,QUEBECG5C 282
CA 		N/A PC INFRASTRUCTURES SUPPORTING WORKFORCE TRAINING, RESEARCH REGARDING GREEN AND DIGITAL TRANSITIONS 160,000

CONSEIL DE DEVELOPPEMENT DU LOISIR SCIENTIFIQUE
7665 BOULEVARD LACORDAIRE
MONTREAL,QUEBECH1S 2A7
CA 		N/A PC ENVIRONMENTALLY FRIENDLY SCIENCE FAIRS 20,000

FITSPIRIT COMMUNITY ORGANIZATION
141 RUE SAINT-CHARLES BUREAU 4
SAINTETHERESE,QUEBECJ7E 2A9
CA 		N/A PC ACTIVE TODAY, HEALTHY FOR LIFE! 40,000

GREENING AUSTRALIA
379 COLLINS STREET
MELBOURNE   3000
AS 		N/A PC MANNA GUM RESTORATION 150,000

LES OUVRIERS DE PAIX
264 RANG DE LA GRANDE-TERRE
STFRANCOISDULAC,QUEBECJ0G1M0
CA 		N/A PC CHEMIN DU LAC - COMPLETION 20,000

LHAQ'TEMISH FOUNDATION
2665 KWINA RD
BELLINGHAM,WA98226 		N/A PC SOLAR CREDIT REDISTRIBUTION PROJECT: ACCESS TO RENEWABLES FOR LUMMI NATIVE COMMUNITY 14,691

MURDOCH UNIVERSITY
90 SOUTH STREET
MURDOCH   6150
AS 		N/A PC HARVEY RIVER ECOSYSTEM RESTORATION, MONITORING AND PROMOTION PROGRAM 100,000

MURDOCH UNIVERSITY
90 SOUTH STREET
MURDOCH   6150
AS 		N/A PC ALCOA FOUNDATION COMMUNITY WATER MONITORING PROJECT. 80,000

OTITIS MEDIA GROUP INC TAS EARBUS FOUNDATION OF WESTERN AUSTRALIA
35 BREWER STREET PERTH
WESTERN AUSTRALIA   6000
AS 		N/A PC ALCOA EARBUS PROGRAM 200,000

TROIS-RIVIERES FOUNDATION FOR SUSTAINABLE DEVELOPMENT
1075 RUE CHAMPFLOUR
TROISRIVIERES,QUEBECG9A 2A1
CA 		N/A PC DISCOVER YOUR NATURE 55,000
Total ................................. right arrow 3b 898,891
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 39  
4 Dividends and interest from securities ....     14 3,398,017  
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 -1,023,178  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aEXCISE TAX REFUNDS 		        186,463
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,374,878 186,463
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,561,341
(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.)
11A ALL INCOME IS USED TO FURTHER THE EXEMPT PURPOSE OF THE FOUNDATION
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

TY 2023 AccountingFeesSchedule
Name:
ALCOA FOUNDATION
EIN:
36-4831759
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 50,125 18,177   0

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

TY 2023 ExpenditureResponsibilityStmt
Name:
ALCOA FOUNDATION
EIN:
36-4831759
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
SCIENTIST FACTORY AS
  		KJELSASVEIEN 164
OSLO   0884
NO 		2021-04-06 104,976 COUNTERACT SOCIAL INEQUALITIES OFFERING QUALITY KINDERGARTEN EDUCATION AND STEM-SUMMER SCHOOLS     45322   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
CARREFOUR JEUNESSE-EMPLOI DE PORTNEUF
  		350 RUE DE LEGLISE CP3009
SAINT BASILE,QUEBECG0A 3G0
CA 		2021-04-27 56,000 INCREASE SCHOOL PERSEVERANCE AND EDUCATIONAL SUCCESS FOR YOUNG PEOPLE 56,000   45107   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
RESERVE MONDIALE DE LA BIOSPHERE MANICOUAGAN-UAPISHKA
  		31 AV MARQUETTE
BAIECOMEAU,QUEBECG4Z 1K4
CA 		2021-04-23 115,000 ACHIEVEMENT OF THE ENERGY AUTONOMY OF UAPISHKA RESEARCH STATION 115,000   45153   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
AUSTURBRU SES
  		TJARNARBRAUT 39E
  EGILSSTADIR 700  
IC 		2021-08-27 100,000 STARTUP OF SATELLITE CAMPUS FOR UNIVERSITY EDUCATION IN EAST ICELAND     7/9/2022   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
STICHTING PUBLIC & PRIVATE CENTER OF EXCELLENCE FOR TECHNOLOGY
  		MARTIN LUTHER KING HIGHWAY KM 23
PARA    
NS 		2021-03-05 86,400 PROVIDING HANDS-ON OCCUPATIONAL SKILLS TRAINING TO THE DISADVANTAGED 8,400   45292   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
INSTITUTO ALCOA
  		AVENIDA DAS NAES UNIDAS 14261 ALAB
17OANDAR CJ 17A
SAO PAULO   4790000
BR 		2021-11-09 3,278,945 CONNECTED SCHOOL: A LINK TO COLLABORATIVE LEARNING     6/19/2024   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
CANADIAN RED CROSS SOCIETY
  		6 PLACE DU COMMERCE
VERDUN,QUEBECH3E2B5
CA 		2022-05-01 150,000 HUMANITARIAN AID FOR INDIVIDUALS AND/OR COMMUNITIES IMPACTED BY THE WAR IN UKRAINE 150,000   11/28/2024   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
SADC DE NICOLET-BECANCOUR
  		19205 BOULEVARD DES ACADIENS BUREAU
102
BECANCOUR   G9H 1M5
CA 		2022-06-09 95,000 PROACTION     7/1/2024   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
STIFTELSEN TERMIK
  		PETER BECHS GATE 36
MOSJOEN   8657
NO 		2022-08-17 10,000 OASE DAY--AF ANNIVERSARY GRANT 10,000   12/1/2023   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
JEUNESSOR PORTNEUF
  		350 RUE DE LEGLISE PC 3009
SAINTBASILE,QUEBECG0A3G0
CA 		2022-02-23 20,000 SUMMER CAMPS FOR LITTLE READERS 20,000   12/1/2023   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
INSTITUTO ALCOA
  		AVENIDA DAS NAES UNIDAS 14261 ALAB
17OANDAR CJ 17A
SAO PAULO   4790000
BR 		2023-03-27 50,000 DONATION OF BASIC BASKETS, HYGIENE AND CLEANING PRODUCTS, IN ADDITION TO EQUIPMENT FOR EVERYDAY LIFE 50,000       TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
INSTITUTO ALCOA
  		AVENIDA DAS NAES UNIDAS 14261 ALAB
17OANDAR CJ 17A
SAO PAULO   4790000
BR 		2023-04-21 25,000 HUMANITARIAN AID FOR INDIVIDUALS AND/OR COMMUNITIES IMPACTED BY THE FLOODS THROUGH THE PURCHASE OF 2350 FOOD BASKETS. 25,000   8/1/2023   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
SCIENTIST FACTORY AS
  		KJELSASVEIEN 164
OSLO   0884
NO 		2023-05-24 78,000 COUNTERACT SOCIAL INEQUALITIES OFFERING QUALITY STEM-SUMMER SCHOOLS AND MATH TRAINING     45607   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
ASPEN MEDICAL FOUNDATION
  		2 KING STREET DEAKIN
CANBERRA   2601
AS 		2023-12-14 73,676 MALPA'S YOUNG DOCTOR COURSE IN 6 LOCATIONS IN WA     10/4/2024   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.
ASPEN MEDICAL FOUNDATION
  		2 KING STREET DEAKIN
CANBERRA   2601
AS 		2023-12-13 330,000 PROVIDE PROSTHETICS TO VICTIMS OF THE UKRAINE WAR     7/1/2024   TO THE KNOWLEDGE OF THE FOUNDATION, AND BASED UPON THE REPORTS FURNISHED BY THE GRANT RECIPIENT, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.

TY 2023 GeneralExplanationAttachment
Name:
ALCOA FOUNDATION
EIN:
36-4831759
Identifier Return Reference Explanation
  FORM 990-PF, PART VII, LINE 1 ROSA GARCIA PINEIRO, CAROLINE ROSSIGNOL, KATIE WARUSZEWSKI, AND KAYLA BRANCH ARE EMPLOYEES OF ALCOA CORPORATION, AND, AS A RESULT, ALCOA CORPORATION PAYS THEIR RESPECTIVE SALARIES AND BENEFITS. ALCOA FOUNDATION HAS NO EMPLOYEES, AND CONTRACTS WITH THE ALCOA CORPORATION'S EMPLOYEES TO PROVIDE ITS SERVICES. THE SALARY AND BENEFIT AMOUNTS LISTED IN PART VII, LINE 1 ARE ALSO REFLECTED IN PART VII, LINE 3 OF FORM 990-PF UNDER COMPENSATION PAID TO ALCOA CORPORATION FOR CONTRACTED SERVICES.

TY 2023 InvestmentsCorpStockSchedule
Name:
ALCOA FOUNDATION
EIN:
36-4831759
Name of Stock End of Year Book Value End of Year Fair Market Value
VANGUARD US ESG ETF 21,435,800 21,435,800
GMO QUALITY MF 11,228,809 11,228,809
VANGUARD EMERGING MARKET 9,365,924 9,365,924
CBRE CLARION GBL INF 22,217,822 22,217,822
VANGUARD DEV MARKET 23,133,480 23,133,480
CIF BROAD MARKET SIF 21,778,086 21,778,086

TY 2023 InvestmentsGovtObligationsSch
Name:
ALCOA FOUNDATION
EIN:
36-4831759
US Government Securities - End of Year Book Value:

27,213,690
US Government Securities - End of Year Fair Market Value:

27,213,690
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
ALCOA FOUNDATION
EIN:
36-4831759
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
HARBOURVEST HIPEP III FMV 5,064 5,064
WARBURG PINCUS PRIVATE EQUITY IX FMV 1,715 1,715
ADAMS STREET 2004 NON-U.S. FUND FMV 16,671 16,671
ADAMS STREET 2004 U.S. FUND FMV 14,160 14,160
BLACKSTONE CAPITAL PARTNERS V FMV 7,759 7,759
ADAMS STREET 2007 DIRECT FUND FMV 36,438 36,438
HARBOURVEST INT'L PEP V FMV 1,963 1,963
CARLYLE PARTNERS V FMV 70,045 70,045
ADAMS STREET 2007 NON U.S. FUND FMV 81,135 81,135
KKR 2006 FUND LP I FMV 493 493
ADAMS STREET 2007 U.S. FUND FMV 144,547 144,547
SEQUOIA CAPITAL INDIA GROWTH FUND I FMV 91,596 91,596
SEQUOIA CAPITAL ISRAEL III LP FMV 281,086 281,086
BLACKSTONE CAPITAL PARTNERS VI FMV 428,186 428,186
HARBOURVEST INT'L PEP VI FMV 519,989 519,989
SEQUOIA CAPITAL ISRAEL FUND IV, L.P. FMV 540,758 540,758
SEQUOIA CAPITAL INDIA GROWTH FUND II FMV 856,967 856,967
SEQUOIA CAPITAL GROWTH III FMV 201,416 201,416
SEQUOIA CAPITAL GROWTH IV FMV 1,379,870 1,379,870

TY 2023 OtherAssetsSchedule
Name:
ALCOA FOUNDATION
EIN:
36-4831759
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEFERRED FEDERAL TAX ASSET 102,859    


TY 2023 OtherExpensesSchedule
Name:
ALCOA FOUNDATION
EIN:
36-4831759
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADMINISTRATION EXPENSES 166,076 0   166,076
OTHER K-1 EXPENSES 0 23,531   0
CARRIED INTEREST 12,777 12,777   0
PARTNERSHIP EXPENSES 1,915 1,915   0


TY 2023 OtherIncomeSchedule2
Name:
ALCOA FOUNDATION
EIN:
36-4831759
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
EXCISE TAX REFUNDS 186,463   186,463


TY 2023 OtherIncreasesSchedule
Name:
ALCOA FOUNDATION
EIN:
36-4831759
Description Amount
UNREALIZED GAIN 17,764,768


TY 2023 OtherLiabilitiesSchedule
Name:
ALCOA FOUNDATION
EIN:
36-4831759
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED FEDERAL EXCISE TAX LIABILITY 0 135,893


TY 2023 OtherProfessionalFeesSchedule
Name:
ALCOA FOUNDATION
EIN:
36-4831759
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ALCOA MANAGEMENT FEES 264,847 259,894   0
INVESTMENT ADVISORY FEES 81,093 53,478   0
CONSULTING FEES 79,486 25,000   37,879
TRUSTEE FEES 19,616 19,616   0


TY 2023 TaxesSchedule
Name:
ALCOA FOUNDATION
EIN:
36-4831759
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX PAYMENTS 141,034 0   0
UBTI/STATE TAX PAYMENTS 25,328 0   0
PSHIP WITHOLDING 13,321 13,321   0
FOREIGN TAXES 0 29,081   0