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
SARAH SCAIFE FOUNDATION INCORPORATED
 
Number and street (or P.O. box number if mail is not delivered to street address)301 GRANT ST STE 3900
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152196402
A Employer identification number

25-1113452
B Telephone number (see instructions)

(412) 392-2900
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$935,873,430J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 3,276,380 3,276,380  
4 Dividends and interest from securities... 14,798,837 15,568,265  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 21,454,768
b Gross sales price for all assets on line 6a 210,022,338
7 Capital gain net income (from Part IV, line 2)... 22,721,322
8 Net short-term capital gain.........  
9 Income modifications........... 50,000
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
1,243,579 -878,206  
12 Total. Add lines 1 through 11........ 40,773,564 40,687,761 50,000
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,439,200 200,751   1,238,449
14 Other employee salaries and wages...... 127,310 13,264   114,046
15 Pension plans, employee benefits....... 449,438 60,924   385,011
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
57,124 7,804   49,320
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,458,768 1,458,768   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
533,565 0   0
19 Depreciation (attach schedule) and depletion... 120,540 0  
20 Occupancy.............. 201,544 31,933   201,803
21 Travel, conferences, and meetings....... 85,019 0   85,019
22 Printing and publications.......... 850 116   734
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
112,539 12,352   98,247
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,585,897 1,785,912   2,172,629
25 Contributions, gifts, grants paid....... 45,183,180 43,533,180
26 Total expenses and disbursements. Add lines 24 and 25 49,769,077 1,785,912   45,705,809
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -8,995,513
b Net investment income (if negative, enter -0-) 38,901,849
c Adjusted net income (if negative, enter -0-)... 50,000
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............. 14,439 13,191 13,191
2 Savings and temporary cash investments......... 48,455,717 66,204,755 66,204,755
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 22,260 20,320 20,320
10a Investments—U.S. and state government obligations (attach schedule) 17,532,036 Click to see attachment
List of Attached Documents:
// Content
27,144,411 		26,413,301
b Investments—corporate stock (attach schedule)....... 168,861,577 Click to see attachment
List of Attached Documents:
// Content
146,376,100 		362,727,969
c Investments—corporate bonds (attach schedule)....... 36,806,399 Click to see attachment
List of Attached Documents:
// Content
18,867,790 		18,917,535
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).......... 344,457,965 Click to see attachment
List of Attached Documents:
// Content
350,623,730 		460,538,112
14 Land, buildings, and equipment: basis right arrow1,055,412
Less: accumulated depreciation (attach schedule) right arrow757,786 418,166 297,626 297,626
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,306,510 		Click to see attachment
List of Attached Documents:
// Content
740,621 		Click to see attachment
List of Attached Documents:
// Content
740,621
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 617,875,069 610,288,544 935,873,430
Liabilities 17 Accounts payable and accrued expenses.......... 185,840 157,152
18 Grants payable................. 450,000 2,100,000
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
911,996 		Click to see attachment
List of Attached Documents:
// Content
699,672
23 Total liabilities (add lines 17 through 22)......... 1,547,836 2,956,824
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........... 616,327,233 607,331,720
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)..... 616,327,233 607,331,720
30 Total liabilities and net assets/fund balances (see instructions). 617,875,069 610,288,544
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
616,327,233
2
Enter amount from Part I, line 27a .....................
2
-8,995,513
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
607,331,720
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
607,331,720
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 PUBLICALLY TRADED SECURITIES   2023-01-01 2023-12-31
b BLUE OWL HEALTHCARE OPPORTUNITIES IV LP   2023-01-01 2023-12-31
c HUDSON BAY FUND LP   2023-01-01 2023-12-31
d HAMILTON LANE MARKET STREET OPP FUND   2023-01-01 2023-12-31
e HAMILTON LANE MARKET STREET OPP FUND II   2023-01-01 2023-12-31
DOVER STREET XI, LP   2023-01-01 2023-12-31
GROSVENOR CUSTOMIZED INFRASTRUCTURE STRATEGIES III   2023-01-01 2023-12-31
CAPITAL GAINS DIVIDENDS 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 208,734,074   187,301,016 21,433,058
b 436,233     436,233
c 79,934     79,934
d 487,676     487,676
e 232,457     232,457
25,635     25,635
4,619     4,619
21,710     21,710
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       21,433,058
b       436,233
c       79,934
d       487,676
e       232,457
      25,635
      4,619
      21,710
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 22,721,322
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) 1 540,736
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........................... 3 540,736
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- ..... 5 540,736
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 582,949
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 40,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 622,949
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 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 82,213
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow82,213 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
 
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 arrowWWW.SCAIFE.COM
14
The books are in care ofright arrowSARAH SCAIFE FOUNDATION Telephone no.right arrow (412) 392-2900

Located atright arrow301 GRANT ST STE 3900PITTSBURGHPA ZIP+4right arrow152196402
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
Yes
 
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
 
No
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
MICHAEL W GLEBA CHAIRMAN/CEO, TREASURER & TRUSTEE
40.00 		721,600 67,250 0
ONE OXFORD CENTRE 301 GRANT STREET
SUITE 3900
PITTSBURGH,PA152196402
MONTGOMERY B BROWN VICE PRESIDENT
40.00 		405,450 67,250 0
ONE OXFORD CENTRE 301 GRANT STREET
SUITE 3900
PITTSBURGH,PA152196402
LINDA M BUCKLEY SECRETARY & ASSISTANT TREASURER
40.00 		177,150 43,744 0
ONE OXFORD CENTRE 301 GRANT STREET
SUITE 3900
PITTSBURGH,PA152196402
T KENNETH CRIBB JR TRUSTEE
1.00 		15,000 0 0
ONE OXFORD CENTRE 301 GRANT STREET
SUITE 3900
PITTSBURGH,PA152196402
EDWIN J FEULNER JR TRUSTEE
1.00 		15,000 0 0
ONE OXFORD CENTRE 301 GRANT STREET
SUITE 3900
PITTSBURGH,PA152196402
ROGER KIMBALL TRUSTEE
1.00 		20,000 0 0
ONE OXFORD CENTRE 301 GRANT STREET
SUITE 3900
PITTSBURGH,PA152196402
EUGENE B MEYER TRUSTEE
1.00 		20,000 0 0
ONE OXFORD CENTRE 301 GRANT STREET
SUITE 3900
PITTSBURGH,PA152196402
ROGER W ROBINSON JR TRUSTEE
1.00 		15,000 0 0
ONE OXFORD CENTRE 301 GRANT STREET
SUITE 3900
PITTSBURGH,PA152196402
JAMES C RODDEY TRUSTEE
1.00 		20,000 0 0
ONE OXFORD CENTRE 301 GRANT STREET
SUITE 3900
PITTSBURGH,PA152196402
CHRISTINE J TORETTI TRUSTEE
1.00 		10,000 0 0
ONE OXFORD CENTRE 301 GRANT STREET
SUITE 3900
PITTSBURGH,PA152196402
MATTHEW A GROLL TRUSTEE
1.00 		20,000 0 0
ONE OXFORD CENTRE 301 GRANT STREET
SUITE 3900
PITTSBURGH,PA152196402
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
COLLEEN M XENAKIS ACCOUNTANT
20.00 		88,425 21,834 0
301 GRANT STREET SUITE 3900
PITTSBURGH,PA152196402
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
PNC FINANCIAL SERVICES GROUP FISCAL AGENT/ADMINISTRATION 696,098
300 5TH AVENUE
PITTSBURGH,PA15222
EAGLE CAPITAL MANAGEMENT FUND MANAGER 304,965
499 PARK AVENUE 17TH FLOOR
NEW YORK,NY10022
HARDMAN JOHNSTON GLOBAL ADVISORS FUND MANAGER 181,221
300 ATLANTIC ST SUITE 601
STAMFORD,CT06901
EDGEWOOD MANAGEMENT FUND MANAGER 58,654
600 STEAMBOAT ROAD SUITE 103
GREENWICH,CT06830
LMCG INVESTMENTS LLC FUND MANAGER 51,186
201 WASHINGTON STREET 29TH FL
BOSTON,MA02108
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 N/A 0
2  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
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
891,526,262
b
Average of monthly cash balances.......................
1b
26,886
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
891,553,148
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
891,553,148
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
13,373,297
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
878,179,851
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
43,908,993
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
43,908,993
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
540,736
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
540,736
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
43,368,257
4
Recoveries of amounts treated as qualifying distributions................
4
50,000
5
Add lines 3 and 4............................
5
43,418,257
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
43,418,257
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
45,705,809
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
45,705,809
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 43,418,257
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 2,617,367
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 45,705,809
a Applied to 2022, but not more than line 2a 2,617,367
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..... 43,088,442
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		329,815
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) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
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 e-mail address of the person to whom applications should be addressed:
MICHAEL W GLEBA CHAIRMAN AND CEO
301 GRANT ST ONE OXFORD CTR STE3900
PITTSBURGH,PA152196402
(412) 392-2900
bThe form in which applications should be submitted and information and materials they should include:
SEE STATEMENT 15
cAny submission deadlines:
SEE STATEMENT 15
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE STATEMENT 15
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

ACTON INSTITUTE FOR THE STUDY OF RELIGION AND LIBERTY

98 E FULTON STREET
GRAND RAPIDS,MI49503 		NONE PC PROGRAM AND PROJECT SUPPORT 280,000

ALEXANDER HAMILTON SOCIETY THE

1701 H STREET NW SUITE 200
WASHINGTON,DC20006 		NONE PC GENERAL OPERATING SUPPORT 300,000

ALLEGHENY INSTITUTE FOR PUBLIC POLICY

305 MT LEBANON BOULEVARD SUITE 208
PITTSBURGH,PA15234 		NONE PC GENERAL OPERATING SUPPORT 200,000

AMERICAN COUNCIL OF TRUSTEES AND ALUMNI

1730 M STREET NW SUITE 600
WASHINGTON,DC20036 		NONE PC GENERAL OPERATING SUPPORT 125,000

AMERICAN COUNCIL ON SCIENCE AND HEALTH

135 MADISON AVENUE 5TH FLOOR 06-114
NEW YORK,NY100166745 		NONE PC GENERAL OPERATING SUPPORT 80,000

AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH

1789 MASSACHUSETTS AVENUE NW
WASHINGTON,DC20036 		NONE PC DEFENSE POLICY STUDIES 275,000

AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH

1789 MASSACHUSETTS AVENUE NW
WASHINGTON,DC20036 		NONE PC MIDDLE EAST POLICY STUDIES PROGRAM 250,000

AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH

1789 MASSACHUSETTS AVENUE NW
WASHINGTON,DC20036 		NONE PC JEANE KIRKPATRICK FELLOWSHIP AND SCHOLARS PROGRAM 500,000

AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH

1789 MASSACHUSETTS AVENUE NW
WASHINGTON,DC20036 		NONE PC HOUSING CENTER 200,000

AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH

1789 MASSACHUSETTS AVENUE NW
WASHINGTON,DC20036 		NONE PC THE CHINA CHALLENGE 250,000

AMERICAN FOREIGN POLICY COUNCIL

509 C STREET NE
WASHINGTON,DC20002 		NONE PC GENERAL OPERATING AND PROGRAM SUPPORT 504,400

AMERICAN INSTITUTE FOR ECONOMIC RESEARCH INC

250 DIVISION STREET
GREAT BARRINGTON,MA01230 		NONE PC PROGRAM SUPPORT 100,000

AMERICAN PRIVATE RADIO

1723-B UNIVERSITY AVENUE SUITE 361
OXFORD,MS38655 		NONE PC GENERAL OPERATING SUPPORT 200,000

AMERICAN TRANSPARENCY

3 GRANT SQUARE SUITE 355
HINSDALE,IL60521 		NONE PC OPEN THE BOOKS PROJECT 100,000

AMERICA'S FUTURE FOUNDATION

1367 CONNECTICUT AVENUE NW SUITE
200
WASHINGTON,DC20036 		NONE PC GENERAL OPERATING SUPPORT 115,000

AMERICA'S FUTURE FOUNDATION

1367 CONNECTICUT AVENUE NW SUITE
200
WASHINGTON,DC20036 		NONE PC TALENT MARKET LLC 50,000

ARCHBRIDGE INSTITUTE

1633 CONNECTICUT AVENUE NW SUITE
300
WASHINGTON,DC20009 		NONE PC GENERAL OPERATING SUPPORT 150,000

ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY

951 S CADY MALL SOCIAL SCIENCES
SUITE 107
TEMPE,AZ852870602 		NONE PC CENTER FOR CONSTITUTIONAL DESIGN AT THE SANDRA DAY O'CONNOR COLLEGE OF LAW,CONFERENCE SUPPORT 50,000

ASHLAND UNIVERSITY

401 COLLEGE AVENUE
ASHLAND,OH44805 		NONE PC ASHBROOK CENTER, PROGRAM SUPPORT 400,000

ASSOCIATION OF AMERICAN EDUCATORS FOUNDATION

25909 PALA SUITE 330
MISSION VIEJO,CA92691 		NONE PC GENERAL OPERATING SUPPORT 125,000

ATLANTIC LEGAL FOUNDATION

2005 PALMER AVENUE
LARCHMONT,NY10538 		NONE PC GENERAL OPERATING SUPPORT 85,000

ATLAS ECONOMIC RESEARCH FOUNDATION

4075 WILSON BOULEVARD SUITE 310
ARLINGTON,VA22203 		NONE PC GENERAL OPERATING AND PROGRAM SUPPORT 450,000

ATLAS ECONOMIC RESEARCH FOUNDATION

4075 WILSON BOULEVARD SUITE 310
ARLINGTON,VA22203 		NONE PC PRAGUE SECURITY STUDIES INSTITUTE 120,000

BECKET FUND

1919 PENNSYLVANIA AVENUE NW SUITE
400
WASHINGTON,DC20006 		NONE PC GENERAL OPERATING SUPPORT 275,000

BENJAMIN RUSH INSTITUTE

PO BOX 610-001
DFW AIRPORT,TX752610001 		NONE PC PROGRAM SUPPORT 70,000

BILL OF RIGHTS INSTITUTE

1310 NORTH COURTHOUSE ROAD SUITE
620
ARLINGTON,VA22201 		NONE PC PROJECT SUPPORT 300,000

BIPARTISAN POLICY CENTER INC

1225 EYE STREET NW SUITE 1000
WASHINGTON,DC20005 		NONE PC PROJECT SUPPORT 90,000

BIPARTISAN POLICY CENTER INC

1225 EYE STREET NW SUITE 1000
WASHINGTON,DC20005 		NONE PC CAMPUS FREE EXPRESSION PROJECT 125,000

BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY THE

434 GALVEZ MALL
STANFORD,CA943056003 		NONE PC STANFORD CIVICS INITIATIVE 114,300

BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY THE

434 GALVEZ MALL
STANFORD,CA943056003 		NONE PC HOOVER INSTITUTION ON WAR, REVOLUTION AND PEACE 900,000

BUCKEYE INSTITUTE THE

88 EAST BROAD STREET SUITE 1300
COLUMBUS,OH43215 		NONE PC PROGRAM SUPPORT 185,000

BUCKLEY INSTITUTE INC

265 CHURCH STREET SUITE 404
NEW HAVEN,CT06510 		NONE PC GENERAL OPERATING SUPPORT 125,000

CAPITAL RESEARCH CENTER

1513 16TH STREET NW
WASHINGTON,DC200361480 		NONE PC GENERAL OPERATING SUPPORT 500,000

CATHOLIC UNIVERSITY OF AMERICA

620 MICHIGAN AVENUE NE
WASHINGTON,DC20064 		NONE PC ROPKE-WOJTYLA FELLOWSHIP PROGRAM 69,800

CATHOLIC UNIVERSITY OF AMERICA

620 MICHIGAN AVENUE NE
WASHINGTON,DC20064 		NONE PC CENTER FOR HUMAN RIGHTS, FELLOWSHIP SUPPORT 50,000

CATO INSTITUTE

1000 MASSACHUSETTS AVENUE NW
WASHINGTON,DC200015403 		NONE PC CENTER FOR GLOBAL LIBERTY AND PROSPERITY 180,000

CENTER FOR AMERICAN CULTURE AND IDEAS

5230 N APACHE HILLS TRAIL
TUCSON,AZ85750 		NONE PC GENERAL OPERATING SUPPORT 120,000

CENTER FOR AMERICAN GREATNESS INC

3104 E CAMELBACK ROAD 907
PHOENIX,AZ85016 		NONE PC GENERAL OPERATING SUPPORT 60,000

CENTER FOR COMMON SENSE IN SCIENCE CENTER FOR TRUTH IN SCIENCE

300 S RIVERSIDE PLAZA SUITE 1625
CHICAGO,IL60606 		NONE PC PROJECT SUPPORT 120,000

CENTER FOR EQUAL OPPORTUNITY

1054 31ST STREET NW SUITE 330
WASHINGTON,DC20007 		NONE PC GENERAL OPERATING SUPPORT 150,000

CENTER FOR IMMIGRATION STUDIES INC

1629 K STREET NW SUITE 600
WASHINGTON,DC20006 		NONE PC GENERAL OPERATING SUPPORT 250,000

CENTER FOR INDIVIDUAL RIGHTS

1100 CONNECTICUT AVENUE NW SUITE
625
WASHINGTON,DC20036 		NONE PC GENERAL OPERATING SUPPORT 175,000

CENTER FOR SECURITY POLICY INC

2020 PENNSYLVANIA AVENUE NW SUITE
189
WASHINGTON,DC20006 		NONE PC PROGRAM SUPPORT 275,000

CENTER FOR STRATEGIC AND BUDGETARY ASSESSMENTS

1667 K STREET NW SUITE 900
WASHINGTON,DC20006 		NONE PC PROJECT SUPPORT 250,000

CENTER FOR STRATEGIC AND INTERNATIONAL STUDIES INC

1616 RHODE ISLAND AVENUE NW
WASHINGTON,DC20036 		NONE PC TRANSNATIONAL THREATS PROJECT 500,000

CENTER FOR STRATEGIC AND INTERNATIONAL STUDIES INC

1616 RHODE ISLAND AVENUE NW
WASHINGTON,DC20036 		NONE PC THE GEORGE C. MARSHALL MISSILE DEFENSE PROJECT 500,000

CENTER FOR THE STUDY OF TECHNOLOGY AND SOCIETY INC

1730 M STREET NW SUITE 910
WASHINGTON,DC20036 		NONE PC GENERAL OPERATING SUPPORT 150,000

CERTELL INC

8520 ALLISON POINTE BLVD SUITE 220
INDIANAPOLIS,IN46205 		NONE PC GENERAL OPERATING SUPPORT 300,000

CHRISTOPHER NEWPORT UNIVERSITY EDUCATIONAL FOUNDATION INC

1 AVENUE OF THE ARTS
NEWPORT NEWS,VA236063072 		NONE PC CENTER FOR AMERICAN STUDIES 90,000

CITIZENS' COUNCIL FOR HEALTH FREEDOM

161 ST ANTHONY AVENUE SUITE 923
ST PAUL,MN55103 		NONE PC GENERAL OPERATING SUPPORT 160,000

CLAREMONT INSTITUTE FOR THE STUDY OF STATESMANSHIP & POLITICAL PHILOSOPHY

1317 W FOOTHILL BOULEVARD SUITE 120
UPLAND,CA91786 		NONE PC GENERAL OPERATING SUPPORT 450,000

CO2 COALITION INC

1621 NORTH KENT STREET SUITE 603
ARLINGTON,VA22209 		NONE PC GENERAL OPERATING SUPPORT 200,000

COLLEGIATE NETWORK INC

3901 CENTERVILLE ROAD
WILMINGTON,DE198071938 		NONE PC GENERAL OPERATING SUPPORT 390,000

COMMITTEE FOR A CONSTRUCTIVE TOMORROW

1717 PENNSYLVANIA AVENUE NW SUITE
1025
WASHINGTON,DC20006 		NONE PC GENERAL OPERATING SUPPORT 150,000

COMMONWEALTH FOUNDATION FOR PUBLIC POLICY ALTERNATIVES THE

225 STATE STREET SUITE 302
HARRISBURG,PA17101 		NONE PC GENERAL OPERATING SUPPORT 600,000

COMPETITIVE ENTERPRISE INSTITUTE

1310 L STREET NW 7TH FLOOR
WASHINGTON,DC20005 		NONE PC GENERAL OPERATING SUPPORT 475,000

COUNCIL FOR NATIONAL POLICY INC

444 NORTH CAPITOL STREET NW SUITE
830
WASHINGTON,DC20001 		NONE PC CONSERVATIVE ACTION PROJECT 27,000

CRIMINAL JUSTICE LEGAL FOUNDATION

2131 L STREET
SACRAMENTO,CA95816 		NONE PC GENERAL OPERATING SUPPORT 200,000

DAILY CALLER NEWS FOUNDATION THE

1775 EYE STREET NW SUITE 1150-291
WASHINGTON,DC20006 		NONE PC PROGRAM SUPPORT 330,000

DEFENSE FORUM FOUNDATION INC THE

3014 CASTLE ROAD
FALLS CHURCH,VA22044 		NONE PC GENERAL OPERATING SUPPORT 85,000

DEFENSE OF FREEDOM INSTITUTE FOR POLICY STUDIES INC

1455 PENNSYLVANIA AVE NW SUITE 400
WASHINGTON,DC20004 		NONE PC GENERAL OPERATING SUPPORT 100,000

DONORS TRUST INC

1800 DIAGONAL ROAD SUITE 280
ALEXANDRIA,VA22314 		NONE PC GALEN INSTITUTE AT DONORS LLC 80,000

EMERGENT ORDER FOUNDATION INC

4450 FRONTIER TRAIL
AUSTIN,TX78745 		NONE PC FELLOWSHIP SUPPORT 230,000

ENCOUNTER FOR CULTURE & EDUCATION INC

900 BROADWAY SUITE 601
NEW YORK,NY100031239 		NONE PC PROGRAM SUPPORT 200,000

EQUAL VOTING RIGHTS INSTITUTE THE DBA AMERICAN CIVIL RIGHTS PROJECT

7140 BRIARMEADOW DRIVE
DALLAS,TX75230 		NONE PC GENERAL OPERATING SUPPORT 150,000

ETHICS AND PUBLIC POLICY CENTER INC

1730 M STREET NW SUITE 910
WASHINGTON,DC20036 		NONE PC GENERAL OPERATING SUPPORT 370,000

EVERGREEN FREEDOM FOUNDATION

D/B/A FREEDOM FOUNDATION 2403
PACIFIC AVE SE
OLYMPIA,WA98501 		NONE PC PROGRAM SUPPORT 450,000

FAIRNESS CENTER INC THE

PO BOX 54597
OAKLAHOMA CITY,OK73118 		NONE PC PROGRAM SUPPORT 325,000

FAITH AND REASON INSTITUTE

1730 M STREET NW SUITE 910
WASHINGTON,DC20036 		NONE PC PROGRAM SUPPORT 85,000

FEDERATION FOR AMERICAN IMMIGRATION REFORM

25 MASSACHUSETTS AVENUE NW SUITE
330
WASHINGTON,DC20001 		NONE PC GENERAL OPERATING SUPPORT 250,000

FORBES AVENUE FOUNDATION INC DBA BEATRICE INSTITUTE

339 SIXTH AVE SUITE 1400
PITTSBURGH,PA15222 		NONE PC GENERAL OPERATING SUPPORT 70,000

FOREIGN POLICY RESEARCH INSTITUTE

123 S BROAD STREET SUITE 1920
PHILADELPHIA,PA19109 		NONE PC EURASIA PROGRAM 290,000

FOUNDATION FOR CULTURAL REVIEW INC

900 BROADWAY SUITE 602
NEW YORK,NY10003 		NONE PC GENERAL OPERATING SUPPORT 360,000

FOUNDATION FOR ECONOMIC EDUCATION INC

1776 PEACHTREE ROAD NW SUITE 701S
ATLANTA,GA30309 		NONE PC PROGRAM SUPPORT 250,000

FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC

16 STOCKTON STREET
PRINCETON,NJ08540 		NONE PC GENERAL OPERATING SUPPORT 1,000,000

FOUNDATION FOR GOVERNMENT ACCOUNTABILITY INC

15275 COLLIER BLVD SUITE 201-279
NAPLES,FL34119 		NONE PC GENERAL OPERATING SUPPORT 800,000

FOUNDATION FOR INDIVIDUAL RIGHTS AND EXPRESSION INC

510 WALNUT STREET SUITE 900
PHILADELPHIA,PA19106 		NONE PC GENERAL OPERATING SUPPORT 400,000

FOUNDATION FOR RESEARCH ON EQUAL OPPORTUNITY THE

201 WEST FIFTH STREET SUITE 1100
AUSTIN,TX787010060 		NONE PC PROGRAM SUPPORT IN HEALTH POLICY AND HOUSING POLICY 100,000

FOUNDATION FOR THE DEFENSE OF DEMOCRACIES INC

1800 M STREET NW SOUTH TOWER 8TH
FLOOR
WASHINGTON,DC20036 		NONE PC PROGRAM SUPPORT 400,000

FRANKLIN NEWS FOUNDATION

200 N CLARK STREET SUITE 3300
CHICAGO,IL60602 		NONE PC GENERAL OPERATING SUPPORT 420,000

FRASER INSTITUTE THE

1770 BURRARD STREET FOURTH FLOOR
VANCOUVER,BRITISH COLUMBIAV6J 3G7
CA 		NONE PC PROGRAM SUPPORT 60,000

FREE RUSSIA FOUNDATION

1015 15TH STREET NW SUITE 600
WASHINGTON,DC20005 		NONE PC PROJECT SUPPORT 300,000

FREE TO CHOOSE NETWORK

2002 FILMORE AVENUE
ERIE,PA16506 		NONE PC PROJECT SUPPORT 300,000

FREEDOMS FOUNDATION AT VALLEY FORGE

PO BOX 67
VALLEY FORGE,PA194810067 		NONE PC PROGRAM SUPPORT 75,000

FUND FOR AMERICAN STUDIES THE

1706 NEW HAMPSHIRE AVENUE NW
WASHINGTON,DC20009 		NONE PC FOUNDATION FOR TEACHING ECONOMICS TEACHER PROGRAMS 150,000

FUND FOR AMERICAN STUDIES THE

1706 NEW HAMPSHIRE AVENUE NW
WASHINGTON,DC20009 		NONE PC NOVAK JOURNALISM FELLOWSHIP PROGRAM AND SUMMER LAW FELLOWSHIP PROGRAM 230,000

GEORGE MASON UNIVERSITY FOUNDATION INC

4400 UNIVERSITY DRIVE
FAIRFAX,VA22030 		NONE PC CENTER FOR THE STUDY OF PUBLIC CHOICE 80,000

GEORGE MASON UNIVERSITY FOUNDATION INC

4400 UNIVERSITY DRIVE
FAIRFAX,VA22030 		NONE PC ANTONIN SCALIA LAW SCHOOL NATIONAL SECURITY INSTITUTE 550,000

GEORGE MASON UNIVERSITY FOUNDATION INC

4400 UNIVERSITY DRIVE
FAIRFAX,VA22030 		NONE PC LAW & ECONOMICS CENTER 750,000

GEORGE MASON UNIVERSITY FOUNDATION INC

4400 UNIVERSITY DRIVE
FAIRFAX,VA22030 		NONE PC THE C. BOYDEN GRAY CENTER FOR THE STUDY OF THE ADMINISTRATIVE STATE 225,000

GOVERNMENT ACCOUNTABILITY INSTITUTE

PO BOX 12594
TALLAHASSEE,FL32317 		NONE PC GENERAL OPERATING SUPPORT 300,000

HEARTLAND INSTITUTE

3939 NORTH WILKE ROAD
ARLINGTON HEIGHTS,IL60004 		NONE PC PROGRAM SUPPORT IN HEALTH CARE 180,000

HERITAGE FOUNDATION

214 MASSACHUSETTS AVENUE NE
WASHINGTON,DC200024999 		NONE PC CENTER FOR NATIONAL DEFENSE 500,000

HERITAGE FOUNDATION

214 MASSACHUSETTS AVENUE NE
WASHINGTON,DC200024999 		NONE PC GENERAL OPERATING SUPPORT 1,000,000

HERITAGE FOUNDATION

214 MASSACHUSETTS AVENUE NE
WASHINGTON,DC200024999 		NONE PC BORDER SECURITY AND IMMIGRATION CENTER 200,000

HUDSON INSTITUTE INC

1201 PENNSYLVANIA AVENUE NW 4TH
FLOOR
WASHINGTON,DC20004 		NONE PC POLITICAL STUDIES PROGRAM 350,000

HUDSON INSTITUTE INC

1201 PENNSYLVANIA AVENUE NW 4TH
FLOOR
WASHINGTON,DC20004 		NONE PC CENTER ON EUROPE AND EURASIA 125,000

HUDSON INSTITUTE INC

1201 PENNSYLVANIA AVENUE NW 4TH
FLOOR
WASHINGTON,DC20004 		NONE PC CENTER FOR AMERICAN COMMON CULTURE 50,000

HUDSON INSTITUTE INC

1201 PENNSYLVANIA AVENUE NW 4TH
FLOOR
WASHINGTON,DC20004 		NONE PC CENTER FOR RELIGIOUS FREEDOM 115,000

HUDSON INSTITUTE INC

1201 PENNSYLVANIA AVENUE NW 4TH
FLOOR
WASHINGTON,DC20004 		NONE PC KEYSTONE DEFENSE INITIATIVE 100,000

HUMAN RIGHTS FOUNDATION THE

EMPIRE STATE BUILDING 6500 350 5TH
AVENUE
NEW YORK,NY10118 		NONE PC GENERAL OPERATING SUPPORT 250,000

IN MEDIAS RES DBA ADVANCED STUDIES IN CULTURE

FOUNDATION PO BOX 5425
CHARLOTTESVILLE,VA22905 		NONE PC PROJECT SUPPORT 108,000

INDEPENDENT WOMEN'S FORUM

4 WEEMS LANE 312
WINCHESTER,VA22601 		NONE PC GENERAL OPERATING SUPPORT 285,000

INSTITUTE FOR ENERGY RESEARCH

1155 15TH STREET NW SUITE 525
WASHINGTON,DC20005 		NONE PC GENERAL OPERATING SUPPORT 100,000

INSTITUTE FOR FAMILY STUDIES THE

PO BOX 1502
CHARLOTTESVILLE,VA22902 		NONE PC GENERAL OPERATING SUPPORT 150,000

INSTITUTE FOR FREE SPEECH

1150 CONNECTICUT AVENUE NW SUITE
801
WASHINGTON,DC20036 		NONE PC GENERAL OPERATING SUPPORT 300,000

INSTITUTE FOR HUMANE STUDIES GEORGE MASON UNIVERSITY

VERNON SMITH HALL 1ST FL 3434
WASHINGTON BOULEVARD MS1C
ARLINGTON,VA222014508 		NONE PC GENERAL OPERATING AND PROGRAM SUPPORT 375,000

INSTITUTE FOR JUSTICE

901 N GLEBE ROAD SUITE 900
ARLINGTON,VA22203 		NONE PC GENERAL OPERATING SUPPORT 350,000

INSTITUTE FOR THE AMERICAN WORKER

PO BOX 458
HAMILTON,VA20159 		NONE PC GENERAL OPERATING SUPPORT 110,000

INSTITUTE FOR THE STUDY OF WAR INC

1400 16TH STREET NW SUITE 515
WASHINGTON,DC20036 		NONE PC GRADUATE FELLOWSHIPS 200,000

INSTITUTE OF WORLD POLITICS

1521 16TH STREET NW
WASHINGTON,DC20036 		NONE PC DOCTORAL PROGRAM IN STATECRAFT AND NATIONAL SECURITY 200,000

INSTITUTE ON RELIGION AND DEMOCRACY INC THE

1023 15TH STREET NW SUITE 200
WASHINGTON,DC200052620 		NONE PC GENERAL OPERATING SUPPORT 340,000

INSTITUTE ON RELIGION AND PUBLIC LIFE INC THE

9 EAST 40TH STREET 10TH FLOOR
NEW YORK,NY10016 		NONE PC GENERAL OPERATING SUPPORT 225,000

INTERCOLLEGIATE STUDIES INSTITUTE INC

FM KIRBY CAMPUS 3901 CENTERVILLE
ROAD
WILMINGTON,DE198071938 		NONE PC GENERAL OPERATING SUPPORT 500,000

INTERNATIONAL FREEDOM EDUCATIONAL FOUNDATION

PO BOX 9925
MC LEAN,VA22102 		NONE PC ECONOMIC AND FINANCIAL SECURITY PROGRAM 160,000

INTERNATIONAL FREEDOM EDUCATIONAL FOUNDATION

PO BOX 9925
MC LEAN,VA22102 		NONE PC PROGRAM SUPPORT AND THE CENTER FOR A SECURE FREE SOCIETY 150,000

INTERNATIONAL POLICY NETWORK US INC

1104 NW 15TH AVENUE SUITE 300
PORTLAND,OR97209 		NONE PC INTERNATIONAL CENTER FOR LAW AND ECONOMICS 125,000

IRON LIGHT LABS

300 SOUTH RIVERSIDE PLAZA SUITE
1625
CHICAGO,IL60606 		NONE PC PROJECT SUPPORT 50,000

JACK MILLER CENTER FOR TEACHING AMERICA'S FOUNDING PRINCIPLES AND HISTORY

THREE BALA PLAZA WEST SUITE 401
BALA CYNWYD,PA19004 		NONE PC PROGRAM SUPPORT 200,000

JAMES WILSON INSTITUTE FOR NATURAL RIGHTS AND THE AMERICAN FOUNDING THE

124 S WEST STREET SUITE 200
ALEXANDRIA,VA22314 		NONE PC GENERAL OPERATING SUPPORT 125,000

JAMESTOWN FOUNDATION

1310 L STREET NW SUITE 810
WASHINGTON,DC20005 		NONE PC GENERAL OPERATING SUPPORT 175,000

JAMESTOWN FOUNDATION

1310 L STREET NW SUITE 810
WASHINGTON,DC20005 		NONE PC PROJECT SUPPORT 106,680

JUST FACTS INC

3600 FM 1448 ROAD SUITE 120 248
CONROE,TX77384 		NONE PC GENERAL OPERATING SUPPORT 90,000

LANDMARK LEGAL FOUNDATION

3100 BROADWAY SUITE 1210
KANSAS CITY,MO64111 		NONE PC GENERAL OPERATING SUPPORT 225,000

LEGAL INSURRECTION FOUNDATION

18 MAPLE AVENUE SUITE 280
BARRINGTON,RI02806 		NONE PC GENERAL OPERATING SUPPORT 150,000

LINCOLN NETWORK INC DBA FOUNDATION FOR AMERICAN INNOVATION

2443 FILLMORE STREET 380-3386
SAN FRANCISCO,CA94115 		NONE PC GENERAL OPERATING SUPPORT 350,000

LITIGATORS FOR LIBERTY NETWORK

D/B/A AMERICAN JURIS LINK 7000 N
16TH STREET SUITE 120-155
PHOENIX,AZ85020 		NONE PC GENERAL OPERATING SUPPORT 125,000

LUCY BURNS INSTITUTE INC

8383 GREENWAY BOULEVARD SUITE 600
MIDDLETON,WI53562 		NONE PC GENERAL OPERATING SUPPORT 350,000

MANHATTAN INSTITUTE FOR POLICY RESEARCH INC

52 VANDERBILT AVENUE
NEW YORK,NY10017 		NONE PC PROGRAM SUPPORT 570,000

MEDIA RESEARCH CENTER

2340 DULLES CORNER BLVD SUITE 1000
HERNDON,VA20171 		NONE PC PROGRAM SUPPORT 400,000

MERCATUS CENTER INC

GEORGE MASON UNIVERSITY 3434
WASHINGTON BLVD 4TH FLOOR
ARLINGTON,VA22201 		NONE PC GENERAL OPERATING SUPPORT 350,000

MIDDLE EAST MEDIA AND RESEARCH INSTITUTE INC

1411 K STREET NW 11TH FLOOR
WASHINGTON,DC20005 		NONE PC PROGRAM SUPPORT 200,000

MISSOURI STATE UNIVERSITY FOUNDATION

300 S JEFFERSON AVENUE SUITE 100
SPRINGFIELD,MO65806 		NONE PC DEPARTMENT OF DEFENSE AND STRATEGIC STUDIES 330,000

MONT PELERIN SOCIETY THE CO FREE MARKETS INSTITUTE

TEXAS TECH UNIVERSITY PO BOX 4505
LUBBOCK,TX79409 		NONE PC CONFERENCE AND RELATED PROGRAM SUPPORT 80,000

MORNINGSIDE INSTITUTE INC THE

490 RIVERSIDE DRIVE FLOOR 11
NEW YORK,NY10027 		NONE PC CONFERENCE SUPPORT 79,000

MOUNTAIN STATES LEGAL FOUNDATION

2596 SOUTH LEWIS WAY
LAKEWOOD,CO80227 		NONE PC GENERAL OPERATING SUPPORT 100,000

MOVING PICTURE INSTITUTE

375 GREENWICH STREET
NEW YORK,NY10013 		NONE PC GENERAL OPERATING SUPPORT 400,000

NATIONAL ASSOCIATION OF SCHOLARS

13 W 36TH STREET FOURTH FLOOR
NEW YORK,NY10018 		NONE PC GENERAL OPERATING SUPPORT 325,000

NATIONAL CENTER FOR PUBLIC POLICY RESEARCH INC THE

2005 MASSACHUSETTS AVENUE NW
WASHINGTON,DC20036 		NONE PC GENERAL OPERATING SUPPORT 90,000

NATIONAL INSTITUTE FOR PUBLIC POLICY INC

9302 LEE HIGHWAY SUITE 750
FAIRFAX,VA220311214 		NONE PC PROGRAM SUPPORT 360,000

NATIONAL LEGAL AND POLICY CENTER THE

107 PARK WASHINGTON COURT
FALLS CHURCH,VA22046 		NONE PC GENERAL OPERATING SUPPORT 175,000

NATIONAL REVIEW INSTITUTE

19 WEST 44TH STREET SUITE 1701
NEW YORK,NY10036 		NONE PC PROGRAM SUPPORT 150,000

NATIONAL TAXPAYERS UNION FOUNDATION

122 C STREET NW SUITE 700
WASHINGTON,DC20001 		NONE PC GENERAL OPERATING SUPPORT 250,000

NETWORK OF ENLIGHTENED WOMEN INC

1360 EAST CAPITOL STREET NE
WASHINGTON,DC20003 		NONE PC GENERAL OPERATING SUPPORT 80,000

NEW CIVIL LIBERTIES ALLIANCE

1225 19TH STREET NW SUITE 450
WASHINGTON,DC20036 		NONE PC GENERAL OPERATING SUPPORT 320,000

NEW ENGLAND LEGAL FOUNDATION

333 WASHINGTON STREET SUITE 850
BOSTON,MA02108 		NONE PC GENERAL OPERATING SUPPORT 100,000

NONPROLIFERATION POLICY EDUCATION CENTER

PO BOX 17678
ARLINGTON,VA22216 		NONE PC GENERAL OPERATING SUPPORT 200,000

PACIFIC LEGAL FOUNDATION

555 CAPITOL MALL SUITE 1290
SACRAMENTO,CA95814 		NONE PC GENERAL OPERATING SUPPORT 360,000

PACIFIC RESEARCH INSTITUTE FOR PUBLIC POLICY

PO BOX 60485
PASADENA,CA91116 		NONE PC GENERAL OPERATING SUPPORT 250,000

PARAGON HEALTH INSTITUTE

1320 N COURTHOUSE ROAD SUITE 540
ARLINGTON,VA22201 		NONE PC PROGRAM SUPPORT 130,000

PELICAN INSTITUTE FOR PUBLIC POLICY

400 POYDRAS STREET SUITE 900
NEW ORLEANS,LA70130 		NONE PC PROJECT SUPPORT 200,000

PEOPLE UNITED FOR PRIVACY FOUNDATION

PO BOX 6282
GLENDALE,AZ85312 		NONE PC GENERAL OPERATING SUPPORT 100,000

PHILADELPHIA SOCIETY

2000 MADISON AVENUE SE
GRAND RAPIDS,MI49507 		NONE PC GENERAL OPERATING SUPPORT 30,000

PHILANTHROPY ROUNDTABLE

1120 20TH STREET NW SUITE 400 NORTH
WASHINGTON,DC20036 		NONE PC GENERAL OPERATING AND PROGRAM SUPPORT 450,000

PLAYERS PHILANTHROPY FUND

1122 KENILWORTH DRIVE SUITE 201
TOWSON,MD21204 		NONE PC STORY INCUBATOR LLC 200,000

POLITICAL ECONOMY RESEARCH CENTER DBA PROPERTY AND ENVIRONMENT

RESEARCH CENTER 2048 ANALYSIS DRIVE
SUITE
BOZEMAN,MT59718 		NONE PC GENERAL OPERATING AND PROGRAM SUPPORT 350,000

PRESIDENT & FELLOWS OF MIDDLEBURY COLLEGE

OLD CHAPEL ROAD
MIDDLEBURY,VT05753 		NONE PC MIDDLEBURY INSTITUTE OF INT'L STUDIES AT MONTEREY, CENTER ON TERRORISM, EXTREMISM, AND COUNTERTERRORISM 160,000

PUBLIC INTEREST LEGAL FOUNDATION INC

107 S WEST STREET SUITE 700
ALEXANDRIA,VA22314 		NONE PC GENERAL OPERATING SUPPORT 325,000

RALSTON COLLEGE INC

PO BOX 8302
SAVANNAH,GA31412 		NONE PC MASTER'S DEGREE PROGRAM 200,000

REAL CLEAR FOUNDATION

666 DUNDEE ROAD BUILDING 600
NORTHBROOK,IL60062 		NONE PC REAL CLEAR INVESTIGATIONS AND WIRE 300,000

RONALD REAGAN PRESIDENTIAL FOUNDATION AND INSTITUTE

40 PENNSYLVANIA DRIVE SUITE 200
SIMI VALLEY,CA93065 		NONE PC RONALD REAGAN INSTITUTE, PROJECT SUPPORT 150,000

SOUTHEASTERN LEGAL FOUNDATION INC

560 W CROSSVILLE ROAD SUITE 104
ROSWELL,GA300757509 		NONE PC GENERAL OPERATING SUPPORT 100,000

SPEECH FIRST INC

1300 I STREET NW SUITE 400E
WASHINGTON,DC20005 		NONE PC GENERAL OPERATING SUPPORT 125,000

SPIRIT OF AMERICA WORLDWIDE

3033 WILSON BOULEVARD SUITE 700
ARLINGTON,VA22201 		NONE PC GENERAL OPERATING SUPPORT 525,000

STATE FINANCIAL OFFICERS FOUNDATION INC

13851 W 63RD STREET SUITE 405
SHAWNEE,KS66216 		NONE PC GENERAL OPERATING SUPPORT 120,000

STATE POLICY NETWORK

1500 WILSON BLVD SUITE 600
ARLINGTON,VA22209 		NONE PC GENERAL OPERATING SUPPORT 350,000

STUDENT FREE PRESS ASSOCIATION

PO BOX 76
HILLSDALE,MI49242 		NONE PC GENERAL OPERATING SUPPORT 80,000

TAX FOUNDATION

1325 G STREET NW SUITE 950
WASHINGTON,DC20005 		NONE PC GENERAL OPERATING AND PROJECT SUPPORT 600,000

TRUSTEES OF DARTMOUTH COLLEGE

41 CENTERRA PARKWAY ROOM 231
LEBANON,NH03766 		NONE PC POLITICAL ECONOMY PROJECT 220,000

TRUSTEES OF PRINCETON UNIVERSITY THE

WOODROW WILSON SCHOOL OF INTL
AFFAIRS
ROBERTSON HALL,NJ085441012 		NONE PC JAMES MADISON PROGRAM IN AMERICAN IDEALS AND INSTITUTIONS 200,000

TRUSTEES OF PRINCETON UNIVERSITY THE

WOODROW WILSON SCHOOL OF INTL
AFFAIRS
ROBERTSON HALL,NJ085441012 		NONE PC STRATEGIC EDUCATION INITIATIVE 120,000

TRUSTEES OF TUFTS COLLEGE FLETCHER SCHOOL OF LAW & DIPLOMACY

INTERNATIONAL SECURITY STUDIES PROG
160 PACKARD AVE
MEDFORD,MA02155 		NONE PC THE FLETCHER SCHOOL OF LAW AND DIPLOMACY, INTERNATIONAL SECURITY STUDIES PROGRAM 420,000

UNIVERSITY OF TEXAS AT AUSTIN THE

2304 WHITIS AVENUE STOP G9900
AUSTIN,TX78712 		NONE PC THOMAS JEFFERSON CENTER FOR THE STUDY OF CORE TEXTS AND IDEAS 54,000

UNIVERSITY OF TEXAS AT AUSTIN THE

2304 WHITIS AVENUE STOP G9900
AUSTIN,TX78712 		NONE PC WILLIAM P. CLEMENTS, JR. CENTER FOR NATIONAL SECURITY AND THE "AMERICA IN THE WORLD" CONSORTIUM 250,000

VICTIMS OF COMMUNISM MEMORIAL FOUNDATION INC

900 15TH STREET NW
WASHINGTON,DC20005 		NONE PC PROGRAM AND PROJECT SUPPORT 660,000

VMTS EDUCATION INC

137 MONTAGUE STREET SUITE 132
BROOKLYN,NY11201 		NONE PC GENERAL OPERATING SUPPORT 200,000
Total .................................right arrow 3a 43,533,180
bApproved for future payment

AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH
1789 MASSACHUSETTS AVENUE NW
WASHINGTON,DC20036 		NONE PC JEANE KIRKPATRICK FELLOWSHIP AND SCHOLARS PROGRAM 500,000

REASON FOUNDATION THE
5737 MESMER AVENUE
LOS ANGELES,CA90230 		NONE PC PENSION INTEGRITY PROJECT 400,000

REASON FOUNDATION THE
5737 MESMER AVENUE
LOS ANGELES,CA90230 		NONE PC GENERAL OPERATING SUPPORT 300,000

FEDERALIST SOCIETY FOR LAW & PUBLIC POLICY STUDIES
1776 I STREET NW SUITE 300
WASHINGTON,DC20006 		NONE PC PROJECT SUPPORT 350,000

FEDERALIST SOCIETY FOR LAW & PUBLIC POLICY STUDIES
1776 I STREET NW SUITE 300
WASHINGTON,DC20006 		NONE PC GENERAL OPERATING SUPPORT 550,000
Total ................................. right arrow 3b 2,100,000
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 3,276,380  
4 Dividends and interest from securities ....     14 14,798,837  
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 .....     18 1,186,141  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 21,454,768  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER REVENUE 		    01 7,438  
bRECOVERY OF GRANTS PAID IN A PRIOR YEAR         50,000
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 40,723,564 50,000
13Total. Add line 12, columns (b), (d), and (e)..................
13
40,773,564
(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.)
11 RECOVERY OF GRANTS PAID IN A PRIOR YEAR
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:
SARAH SCAIFE FOUNDATION INCORPORATED
EIN:
25-1113452
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT, COMPLIANCE, AND TAX 57,124 7,804   49,320

TY 2023 AllOthProgRltdInvestmentsSch
Name:
SARAH SCAIFE FOUNDATION INCORPORATED
EIN:
25-1113452
Category Amount
N/A 0

TY 2023 GeneralExplanationAttachment
Name:
SARAH SCAIFE FOUNDATION INCORPORATED
EIN:
25-1113452
Identifier Return Reference Explanation
  PART XV, LINES 2A-2D THE SARAH SCAIFE FOUNDATION'S GRANT PROGRAM IS PRIMARILY DIRECTED TOWARD PUBLIC POLICY PROGRAMS THAT ADDRESS MAJOR DOMESTIC AND INTERNATIONAL ISSUES. THE FOUNDATION DOES NOT MAKE GRANTS TO INDIVIDUALS FOR ANY PURPOSE, TO NATIONALLY ORGANIZED FUNDRAISING GROUPS, OR TO ORGANIZATIONS THAT ARE NOT PUBLICLY-SUPPORTED NON-PROFIT CHARITABLE ORGANIZATIONS. APPLICATIONS FOR THE FOLLOWING ARE ROUTINELY DECLINED: 1) EVENT SPONSORSHIPS, ENDOWMENTS, CAPITAL CAMPAIGNS, AND BUILDING PROJECTS; AND 2) SUPPORT FOR ORGANIZATIONS THAT ARE PRIMARILY DEPENDENT UPON GOVERNMENT FUNDS, AND FOR GOVERNMENT AGENCIES.GRANT APPLICATIONS TO THE FOUNDATION MUST CONTAIN:A. COVER LETTER SIGNED BY THE ORGANIZATION'S PRESIDENT OR AUTHORIZED REPRESENTATIVE STATING THAT THE GRANT APPLICATION HAS THE APPROVAL OF THE ORGANIZATION'S BOARD OF DIRECTORS. THE LETTER SHOULD INCLUDE THE AMOUNT REQUESTED AND A CONCISE DESCRIPTION OF THE PURPOSE OF THE REQUESTING ORGANIZATION AND, IF APPLICABLE, THE SPECIFIC PROJECT OR PROGRAM FOR WHICH FUNDS ARE REQUESTED;B. GRANT PROPOSAL NARRATIVE INCLUDING A ONE-PAGE EXECUTIVE SUMMARY;C. NARRATIVE AND FINANCIAL REPORT ON PREVIOUS SARAH SCAIFE FOUNDATION GRANT (AS APPLICABLE);D. ORGANIZATION'S CURRENT ANNUAL BUDGET;E. PROJECT/PROGRAM BUDGET (IF APPLICABLE);F. PROJECT/PROGRAM TIMETABLE (IF APPLICABLE);G. MOST RECENT AUDITED FINANCIAL STATEMENTS; H. UNAUDITED 1) BALANCE SHEET AND 2) REVENUE AND EXPENSE STATEMENT FOR THE MOST RECENTLY CONCLUDED FISCAL YEAR UNLESS SUCH FISCAL YEAR IS THE SAME PERIOD COVERED IN ITEM G;I. CURRENT FORM 990;J. MOST RECENT ANNUAL REPORT;K. LIST OF OFFICERS AND DIRECTORS (WITH THEIR AFFILIATIONS);L. LIST OF KEY/MAJOR SUPPORTERS; ANDM. MOST RECENT IRS DETERMINATION LETTER EVIDENCING 501(C)(3) TAX-EXEMPT STATUS.ADDITIONAL INFORMATION MAY BE REQUESTED IF NEEDED FOR FURTHER EVALUATION. ORGANIZATIONS WHICH HAVE: 1) PREVIOUSLY RECEIVED A GRANT FROM THE FOUNDATION; OR 2) BEEN PRE-VETTED BY THE FOUNDATION STAFF, ARE PROVIDED ACCESS TO THE FOUNDATION'S ONLINE SUBMISSION PORTAL. THEY SHOULD NOT SEND A HARDCOPY OF THEIR APPLICATION; THEY MUST USE THE PORTAL.UNSOLICITED GRANT APPLICATIONS FROM AN ORGANIZATION THAT HAS NOT PREVIOUSLY RECEIVED A GRANT FROM THE SARAH SCAIFE FOUNDATION MUST BE SUBMITTED IN HARD COPY. THE FOUNDATION WILL NOT CONSIDER ELECTRONIC REQUESTS.THE FOUNDATION MEETS FOUR TIMES A YEAR TO CONSIDER GRANT APPLICATIONS. HOWEVER, APPLICATIONS MAY BE SUBMITTED AT ANY TIME AND WILL BE ACTED UPON AS EXPEDITIOUSLY AS POSSIBLE. ALL APPLICATIONS SHOULD BE ADDRESSED TO:MICHAEL W. GLEBACHAIRMAN AND CEOSARAH SCAIFE FOUNDATIONONE OXFORD CENTRE301 GRANT STREET, SUITE 3900PITTSBURGH, PA 15219-6402
EXPENSE ALLOCATIONS SUPPLEMENTAL INFORMATION COMPENSATION OF OFFICERS, TRUSTEES, AND OTHER EMPLOYEES AS WELL AS THE RELATED EMPLOYEE BENEFITS ARE ALLOCATED BASED ON TIME SPENT IN CARRYING OUT THE FOUNDATION'S EXEMPT PURPOSE VERSUS TIME SPENT IN THE PRODUCTION OF INCOME. FOR ALL OTHER EXPENSES, IF THE EXPENSE CAN BE DIRECTLY ATTRIBUTABLE TO THE PRODUCTION OF INCOME OR CARRYING OUT THE FOUNDATION'S EXEMPT PURPOSE, THAT EXPENSE WILL BE ALLOCATED DIRECTLY TO THAT ACTIVITY. ALL OTHER EXPENSES NOT DIRECTLY ATTRIBUTABLE TO THE PRODUCTION OF INCOME OR CARRYING OUT THE FOUNDATION'S EXEMPT PURPOSE ARE ALLOCATED BASED ON THE SALARY ALLOCATION PREVIOUSLY DESCRIBED.
  FORM 990-PF - GENERAL EXPLANATION ATTACHMENT PART II, LINE 14, LAND, BUILDINGS, AND EQUIPMENT AND ACCUMULATED DEPRECIATIONDESCRIPTION:LEASEHOLD IMPROVEMENTS 746,901OFFICE EQUIPMENT & FURNITURE 308,511 ----------SUBTOTAL FIXED ASSETS 1,055,412 LESS: ACCUMULATED DEPRECIATION (757,786) ---------NET FIXED ASSETS 297,626
  FORM 990-PF - GENERAL EXPLANATION ATTACHMENT IN 2022, THE FOUNDATION UNDERTOOK A COMPREHENSIVE COMPENSATION STUDY TO ENSURE THAT ITS COMPENSATION PRACTICES ARE COMPETITIVE AND ALIGNED WITH INDUSTRY STANDARDS. THIS STUDY WAS CONDUCTED BY AN INDEPENDENT THIRD-PARTY CONSULTING FIRM SPECIALIZING IN COMPENSATION ANALYSIS. THE PRIMARY OBJECTIVES OF THE STUDY WERE TO:- EVALUATE THE CURRENT COMPENSATION STRUCTURE FOR FOUNDATION EXECUTIVES.- BENCHMARK COMPENSATION AGAINST SIMILAR ORGANIZATIONS WITHIN THE INDUSTRY.- IDENTIFY ANY DISCREPANCIES OR AREAS FOR IMPROVEMENT IN THE CURRENT COMPENSATION PRACTICES.- PROVIDE RECOMMENDATIONS TO ENSURE FAIR AND EQUITABLE COMPENSATION FOR ALL EMPLOYEES.THE FINDINGS FROM THE STUDY WERE REVIEWED BY THE FOUNDATION'S EXECUTIVE TEAM AND THE BOARD OF DIRECTORS. BASED ON THE RECOMMENDATIONS, ADJUSTMENTS WERE MADE TO THE COMPENSATION PACKAGES TO BETTER ALIGN WITH MARKET STANDARDS AND TO SUPPORT THE FOUNDATION'S GOALS OF ATTRACTING AND RETAINING TOP TALENT.

TY 2023 InvestmentsCorpBondsSchedule
Name:
SARAH SCAIFE FOUNDATION INCORPORATED
EIN:
25-1113452
Name of Bond End of Year Book Value End of Year Fair Market Value
AEP TRANSMISSION CO LLC CALL 09/15/2052 UNSC 94,037 98,715
ALEXANDRIA REAL ESTATE E CALL 10/15/2027 COGT 103,061 105,531
ALLSTATE CORP CALL 09/15/2030 UNSC 156,367 165,597
AMAZON.COM INC CALL 10/13/2051 UNSC 174,036 161,871
AMCOR FLEXIBLES NORTH AM CALL 04/17/2025 COGT 99,682 98,221
AMERICAN ELECTRIC POWER CALL 12/15/2028 UNSC 139,777 141,886
AMERICAN EXPRESS CO CALL 10/30/2025 UNSC 175,000 178,421
AMERICAN TOWER CORP CALL 07/15/2026 @ 100.000 UNSC 270,505 277,794
AMERICAN TOWER CORP CALL 11/15/2025 91,728 78,977
AMERIPRISE FINANCIAL INC CALL 11/15/2028 UNSC 129,783 136,226
AT&T INC CALL 11/15/2033 UNSC 226,597 237,206
AT&T INC CALL 11/15/2034 UNSC 184,466 189,442
AUTOZONE INC CALL 10/01/2028 UNSC 130,008 138,128
BANK OF AMERICA CORP CALL 03/08/2032 SUB 173,145 162,432
BANK OF AMERICA CORP CALL 04/25/2028 UNSC 233,231 236,455
BANK OF AMERICA CORP CALL 11/10/2027 UNSC 213,131 219,059
BANK OF MONTREAL 200,000 202,750
BANK OF NOVA SCOTIA 234,911 238,927
BARCLAYS PLC 265,000 272,447
BERKSHIRE HATHAWAY FIN CALL 02/15/2048 COGT 99,400 96,623
BOEING CO CALL 02/04/2023 UNSC 175,795 174,805
BRUNSWICK CORP CALL 08/18/2022 UNSC 74,912 72,571
BURLINGTN NORTH SANTA FE CALL 03/01/2044 147,364 135,294
CANADIAN IMPERIAL BANK 300,000 308,634
CAPITAL ONE FINANCIAL CO CALL 11/02/2026 UNSC 355,158 368,536
CHARLES SCHWAB CORP CALL 07/24/2026 UNSC 195,109 200,002
CITIGROUP INC CALL 09/29/2025 UNSC 359,522 362,624
CITIGROUP INC SR UNSEC CALL 03/31/2030 140,783 133,903
CNH INDUSTRIAL CAP LLC COGT 89,522 88,406
COMCAST CORP CALL 11/15/2063 COGT 187,207 199,853
CON EDISON CO OF NY INC CALL 12/15/2033 UNSC 84,493 89,145
CONAGRA BRANDS INC UNSC 214,132 217,649
CONOCOPHILLIPS NOTES 300,066 306,351
CROWN CASTLE INTL CORP CALL 11/15/2025 @ 100.000 UNSC 145,232 132,975
CVS HEALTH CORP CALL 09/25/2037 UNSC 182,568 165,792
DIGITAL REALTY TRUST LP CALL 04/01/2029 COGT 156,967 159,416
DOMINION ENERGY INC SER A CALL 02/15/2026 85,776 88,057
DTE ELECTRIC CO CALL 10/01/2052 MORT 49,908 52,481
DUKE ENERGY CAROLINAS 1ST MTG CALL 03/30/42 28,029 25,701
DUKE ENERGY INDIANA INC SER WWW CALL 01/15/43 44,796 43,197
E.I. DU PONT DE NEMOURS CALL 05/15/2030 UNSC 135,742 140,290
EIDP INC CALL 04/15/2026 UNSC 104,866 104,589
ENBRIDGE INC 144,876 160,460
ENERGY TRANSFER LP CALL 01/15/2028 UNSC 219,849 224,422
ENERGY TRANSFER LP CALL 09/01/2033 UNSC 49,943 54,265
ENERGY TRANSFER PARTNERS SR UNSEC CALL 8/1/41 135,088 126,708
EVERSOURCE ENERGY UNSC 99,941 99,468
EXTRA SPACE STORAGE LP CALL 03/01/2028 UNSC 159,697 163,982
FIDELITY NATL INFO SERV UNSC 228,610 227,670
GENERAL MOTORS FINL CO COGT 210,835 218,896
GLOBAL PAYMENTS INC CALL 01/15/2025 UNSC 255,722 247,092
GLOBAL PAYMENTS INC CALL 06/15/2029 UNSC 158,330 161,046
GOLDMAN SACHS GROUP INC CALL 10/21/2026 UNSC 218,546 228,705
HF SINCLAIR CORP SER WI CALL 01/01/2026 137,144 141,399
HSBC HOLDINGS PLC 170,464 174,586
HYUNDAI AUTO RECEIVABLES TRUST SERIES 2023 C CLASS A3 154,980 158,215
INTEL CORP CALL 02/05/2052 UNSC 129,507 132,107
INTERPUBLIC GROUP COS UNSC 137,198 124,288
JM SMUCKER CO CALL 10/15/2028 UNSC 105,007 110,398
JOHN DEERE OWNER TRUST SERIES 2022 C CLASS A3 194,985 194,984
JOHNSON & JOHNSON CALL 09/01/2035 @ 100.000 UNSC 176,440 171,184
JP MORGAN CHASE & CO SR UNSEC CALL 7/24/37 @ 100 124,141 119,501
JP MORGAN CHASE & CO SUB CALL 05/13/30 @ 100 151,371 140,603
JPMORGAN CHASE & CO SR UNSEC CALL 06/01/2028 196,483 181,763
KINDER MORGAN ENER PART SR UNSEC 186,610 181,081
KROGER CO CALL 10/15/2030 UNSC 178,981 189,927
LLOYDS BANKING GROUP PLC CALL 08/07/2026 UNSC 200,000 203,510
LYB INT FINANCE III CALL 09/01/2025 COGT 159,750 152,249
MARRIOTT INTERNATIONAL CALL 03/15/2030 UNSC 141,793 132,569
MARRIOTT INTERNATIONAL SER X CALL 01/15/2028 191,644 198,432
METLIFE INC CALL 04/15/2033 UNSC 108,483 114,672
MICROSOFT CORP CALL 02/08/2036 @ 100.000 UNSC 188,499 183,954
MORGAN STANLEY CALL 02/01/2028 UNSC 346,694 356,615
MORGAN STANLEY CALL 10/18/2027 UNSC 72,280 73,328
MORGAN STANLEY SUB CALL 09/16/2031 @ 100 142,561 126,814
MPLX LP CALL 09/01/2052 UNSC 71,721 74,068
NATIONAL RETAIL PROP INC CALL 03/15/2024 @ 100.000 UNSC 167,782 153,421
NEXTERA ENERGY CAPITAL COGT 234,718 237,223
NIKE INC CALL 09/27/2039 UNSC 54,743 50,395
NORFOLK SOUTHERN CORP CALL 12/15/2031 UNSC 155,863 160,043
NUTRIEN LTD 346,790 350,993
NVIDIA CORP CALL 10/01/2049 UNSC 106,923 95,958
ORACLE CORP CALL 09/25/2050 UNSC 189,029 164,445
ORACLE CORP CALL 10/01/2039 UNSC 34,906 27,909
OREILLY AUTOMOTIVE INC UNSC 104,952 107,516
PFIZER INVESTMENT ENTER 129,404 132,714
PROLOGIS LP CALL 05/15/2028 UNSC 174,656 182,291
PUBLIC SERVICE COLORADO CALL 12/15/2046 MORT 54,776 43,595
PULTEGROUP INC CALL 12/01/2025 @ 100.000 UNSC 139,994 141,358
REALTY INCOME CORP CALL 11/15/2028 UNSC 226,357 231,695
RTX CORP CALL 01/15/2031 UNSC 175,305 186,426
SEMPRA ENERGY CALL 07/01/2026 UNSC 194,557 197,553
SOUTHERN CO CALL 04/01/2026 @ 100.000 UNSC 162,418 154,346
SPIRIT REALTY LP CALL 11/15/2026 COGT 124,044 118,260
SUMITOMO MITSUI FINL GRP 201,516 204,498
SYSCO CORPORATION CALL 10/17/2033 UNSC 79,230 86,600
TAKE-TWO INTERACTIVE SOF UNSC 39,978 40,181
TARGET CORP CALL 07/15/2052 UNSC 57,330 59,545
T-MOBILE USA INC SER WI CALL 02/15/2027 285,656 290,979
TORONTO-DOMINION BANK 230,146 234,370
TRANS CANADA PIPELINES SR NTS 69,688 69,175
TRANSCANADA PIPELINES 154,699 154,564
TRUIST FINANCIAL CORP SER MTN CALL 10/28/2025 240,196 241,973
UNION PACIFIC CORP CALL 11/15/2052 UNSC 116,913 122,508
UNION PACIFIC CORP SER MTN CALL 02/15/2039 44,554 34,289
UNITEDHEALTH GROUP INC CALL 08/15/2052 UNSC 115,798 130,247
US BANCORP CALL 10/21/2025 UNSC 215,486 216,391
VALERO ENERGY CORP BDS 145,510 131,539
VERIZON COMMUNICATIONS CALL 12/15/2031 UNSC 145,112 153,877
VMWARE INC CALL 07/15/2026 UNSC 229,185 237,817
WALMART INC CALL 10/15/2052 UNSC 165,801 165,182
WARNERMEDIA HOLDINGS INC CALL 03/15/2024 COGT 115,000 115,078
WEC ENERGY GROUP INC CALL 08/12/2026 UNSC 165,036 167,929
WELLS FARGO & CO MEDIUM TERM CALL 06/17/2026 154,303 157,733
WELLS FARGO & COMPANY CALL 04/24/2033 UNSC 222,363 225,977
WESTPAC BKG CORP 243,379 230,748
WEYERHAEUSER CO UNSC 153,709 154,254

TY 2023 InvestmentsCorpStockSchedule
Name:
SARAH SCAIFE FOUNDATION INCORPORATED
EIN:
25-1113452
Name of Stock End of Year Book Value End of Year Fair Market Value
3M COMPANY 370,673 349,605
ACCENTURE PLC CLASS A 2,911,959 15,397,229
ADOBE INC 548,028 1,036,294
AERCAP HOLDINGS NV 1,198,286 1,662,687
AIA GROUP LTD SPONSORED ADR 759,018 824,453
AIRBUS SE ADR 701,302 1,158,257
AKAMAI TECHNOLOGIES 65,055 102,965
ALBEMARLE CORP 93,709 128,876
ALCON INC 182,359 245,922
ALEXANDRIA REAL ESTATE EQUITIES INC 77,097 91,655
ALKERMES PLC 504,708 494,882
ALLIANZ SE - UNSP ADR 277,258 326,045
ALPHABET INC/CA-CL A 5,078,062 13,997,914
ALPHABET INC/CA-CL C 1,938,301 3,014,352
AMAZON COM INC 3,384,651 3,599,459
AMEDISYS INC 188,761 167,211
AMERICAN EAGLE OUTFITTERS INC 74,761 113,227
AMERICAN WATER WORKS CO INC 71,985 67,843
AMERIPRISE FINANCIAL INC 163,127 429,208
AMGEN INC 263,188 325,463
AMPHENOL CORP NEW CL A 303,889 508,735
ANALOG DEVICES INC 765,420 5,539,824
ANSYS INC 303,214 390,096
AON PLC/IRELAND-A 746,177 980,446
APPLE INC 5,581,027 29,649,620
APPLIED MATERIALS INC 31,804 144,729
APTARGROUP INC 29,591 33,501
APTIV PLC 791,148 733,461
ARCH CAPITAL GROUP LTD 199,282 526,946
ARISTA NETWORKS INC 73,193 324,062
ARMSTRONG WORLD INDUSTRIE - WI 87,379 121,130
ASML HOLDING NV-NY 233,229 843,209
ASTRAZENECA PLC SPONS ADR 757,938 1,131,480
ATLASSIAN CORP CL A SEDOL BQ1PC76 368,526 532,569
ATMOS ENERGY CORP 306,409 323,477
AUTODESK INC 239,277 317,985
AUTOMATIC DATA PROCESSING INC 1,870,737 12,177,808
AVISTA CORP 62,697 59,471
AVNET INC 81,790 101,052
AXALTA COATING SYSTEMS LTD 160,697 206,470
AZEK CO INC 66,869 127,602
BALL CORPORATION 119,769 120,217
BANCO SANTANDER S A ADR 366,516 378,466
BAYER A G SPONSORED ADR 1,173,114 717,494
BELDEN INC 35,638 62,186
BERKSHIRE HATHAWAY INC CLASS B 513,885 4,065,924
BLACK HILLS CORP 123,848 103,098
BLACKSTONE INC 260,692 282,656
BORG WARNER INC. 86,778 81,595
BOSTON PPTYS INC REIT 103,801 78,450
BOUYGUES-UNSPONSORED ADR 258,903 297,270
BP PLC SPONSORED ADR 252,666 306,847
BRISTOL MYERS SQUIBB CO 1,478,342 2,514,190
BROADRIDGE FINANCIAL SOL W/I 310,739 376,934
BROOKFIELD ASSET MGMT-A-W/I 139,213 161,283
BROOKFIELD CORP 81,456 150,490
BROWN & BROWN INC 105,137 322,555
BROWN FORMAN CORP CLASS B 123,985 130,474
BWX TECHNOLOGIES INC 67,576 113,330
CABOT CORP 55,796 107,799
CACI INTL INC CL A 86,927 181,038
CACTUS INC-CLASS A 96,638 143,782
CAL MAINE FOODS INC NEW 70,487 88,036
CALAVO GROWERS INC 36,739 34,645
CALIFORNIA WTR SVC GROUP 93,961 95,285
CAPITAL ONE FINANCIAL CORP 1,131,461 1,562,033
CARLISLE COMPANIES INC 194,104 406,784
CARMAX INC 236,463 273,732
CARTERS INC 68,613 51,749
CBRE GROUP INC 49,789 119,155
CDW CORP/DE 69,319 283,695
CF INDUSTRIES HOLDINGS INC 24,592 71,232
CHAMPIONX CORPORATION 139,559 162,262
CHARLES RIV LABORATORIES INTL INC 56,312 140,185
CHARLES SCHWAB COR 40,840 41,817
CHARTER COMMUNICATIONS INC-A 251,604 312,110
CHEESECAKE FACTORY INC 82,903 89,100
CHIMERA INVESTMENT CORP NEW 220,871 95,668
CHUBB LTD 18,869 21,018
CINCINNATI FINANCIAL CORP 151,354 186,538
CISCO SYSTEMS INC 3,880,734 6,376,382
CITY HOLDING CO 91,967 107,062
CIVITAS RESOURCES INC 173,148 178,950
CK HUTCHISON HOLDIN-UNSP ADR 339,254 216,776
CLEAN HARBORS INC 73,494 232,098
CLOROX CO 118,445 128,474
COCA COLA CO 198,922 266,305
COLUMBIA BKG SYS INC 237,279 271,816
COMCAST CORPORATION CL A 1,567,159 1,344,266
COMMERCE BANCSHARES INC 125,155 141,590
COMPAGNIE DE SAINT-UNSP ADR 152,361 263,538
CONOCOPHILLIPS 2,394,610 2,675,181
CONSTELLATION BRANDS INC CL A 194,664 194,851
CONTINENTAL AG SPONSORED ADR 236,590 163,778
COPART INC 51,101 341,040
COPT DEFENSE PROPERTIES 170,018 162,417
CORTEVA INC-W/I 192,246 358,490
COSTCO WHOLESALE CORP 1,129,411 13,003,576
COTERRA ENERGY INC 157,060 241,981
CROWN CASTLE INC 246,918 180,388
CSX CORP 43,233 139,373
CULLEN FROST BANKERS INC 131,361 158,504
CUMMINS INC 60,793 128,410
D R HORTON INC 47,911 226,754
DAIFUKU CO LTD - UNSP ADR 775,532 629,179
DAI-ICHI LIFE HOLD INC UNSP ADR 537,610 551,970
DANAHER CORP 188,091 288,018
DARDEN RESTAURANTS INC W I 73,703 170,872
DENTSPLY SIRONA INC 307,979 338,319
DEUTSCHE TELEKOM AG SPONSORED ADR 894,256 1,148,105
DIAGEO PLC SPONSORED ADR 21,200 20,975
DOLLAR TREE INC 250,484 384,956
DORMAN PRODUCTS INC 154,298 129,286
DUPONT DE NEMOURS INC-WI 20,972 23,002
EASTMAN CHEM CO 76,124 84,072
ECOLAB INC 765,021 4,296,459
ELEVANCE HEALTH INC 1,115,590 1,355,263
EMCOR GROUP INC 71,188 194,964
ENCOMPASS HEALTH CORP 174,095 235,388
ENEL SPA ADR 386,404 404,529
ENERPAC TOOL GROUP CORP 83,098 105,302
ENPRO INC 95,247 231,192
ENVIRI CORPORATION 78,247 47,061
ENVISTA HOLDINGS CORP 192,606 173,088
EQUIFAX INC 258,123 283,889
EQUITY COMMONWEALTH 91,244 70,618
EQUITY LIFESTYLE PROPERTIES REIT 194,753 213,031
ESSENTIAL UTILITIES INC 21,202 21,103
ESSEX PPTY TR INC REIT 104,949 95,953
EXLSERVICE HOLDINGS INC 51,052 120,778
EXPEDITORS INTERNATIONAL WASHINGTON INC 65,941 151,241
EXXON MOBIL CORP 204,525 5,848,830
FACTSET RESH SYS INC 63,874 177,940
FIRST AMERICAN FINANCIAL W/I 139,228 164,902
FIRST HORIZON CORPORATION 153,050 195,691
FIRST INTERSTATE BANCSYS/MT 272,125 221,185
FLEX LTD 73,832 190,497
FLOOR & DECOR HOLDINGS INC 168,502 242,308
FUJI FILM HOLDINGS CORP 236,385 264,827
FUJITSU LTD ADR 5 COM 99,818 120,540
GARTNER INC 160,450 525,543
GATES INDUSTRIAL CORP 199,725 178,271
GATX CORP 50,526 95,575
GCI LIBERTY INC CLASS A 0 2
GENERAL DYNAMICS CORP 160,485 286,156
GENERAL ELEC CO 1,065,747 1,944,188
GENMAB A/S -SP ADR 1,029,142 936,414
GLACIER BANCORP INC 141,870 154,619
GLOBAL PAYMENTS INC-W/I 71,920 105,918
GLOBE LIFE INC 27,178 28,117
GLOBUS MEDICAL INC A 128,948 104,821
GOLDMAN SACHS GROUP INC 1,353,832 1,855,168
GOODYEAR TIRE & RUBBER CO 57,316 73,791
GRACO INC 16,732 23,165
GRIFOLS SA-SPON ADR SEDOL B51RNG1 763,912 852,687
GSK PLC-SPON ADR ADR 306,622 302,966
HAIN CELESTIAL GROUP INC 112,735 49,385
HANOVER INSURANCE GROUP INC 176,035 170,838
HARMONIC INC 190,581 289,462
HARTFORD FINL SVCS GROUP INC 28,279 33,518
HDFC BANK LTD SPON - ADR 552,828 582,515
HEALTHCARE REALTY TRUST INC 231,676 162,600
HEALTHPEAK PROPERTIES INC 72,943 60,647
HENKEL AG & COMPANY KGAA SPONS ADR PFD ADR 74,769 92,106
HENKEL AG & COMPANY KGAA SPONSORED ADR 162,287 163,695
HENRY SCHEIN INC 74,622 81,388
HESS CORPORATION 39,057 104,516
HEXCEL CORP 83,738 128,546
HILTON WORLDWIDE HLDGS - W/I 606,884 1,010,964
HITACHI LTD ADR 10 COMMON 200,685 262,539
HOLOGIC INC 22,684 22,721
HOME DEPOT INC 2,471,145 16,561,625
HONDA MOTOR CO LTD AMERICAN SHARES 295,247 289,410
HONEYWELL INTL INC 2,349,624 9,047,938
HUMANA INC 51,141 109,417
HUNTINGTON INGALLS INDS INC 71,186 100,740
HURON CONSULTING GROUP INC 124,286 264,813
ICICI BANK LTD SPON ADR 234,191 596,715
IDACORP INC 139,857 149,348
ILLUMINA INC 64,673 80,063
IMPERIAL BRANDS PLC-SPON ADR 290,467 301,981
INDEPENDENT BANK CORP MASS 323,721 274,888
INGEVITY CORP 212,919 152,001
INGREDION INC 119,940 164,531
INNOSPEC INC 59,873 98,099
INTEGRA LIFESCIENCES HLDG CORP 201,898 184,347
INTERCONTINENTAL EXCHANGE INC 82,839 182,884
INTUIT SOFTWARE 228,597 515,650
ITT INC 120,526 275,510
JOHNSON & JOHNSON 1,945,230 4,909,724
JPMORGAN CHASE & CO 4,523,539 17,605,350
KAO CORP ADR 174,880 189,095
KERING S A ADR 90,122 93,568
KEYCORP NEW 55,499 51,149
KIMBERLY-CLARK CORP 225,263 218,475
KINGFISHER PLC SPONSORED ADR 266,503 192,638
KLA CORP 190,930 233,683
KNORR-BREMSE - UNSP ADR ADR 79,752 94,141
KONINKLIJKE PHILLIPS NV SPON ADR 201,822 308,936
KORN FERRY 99,316 162,382
KYOCERA CORP SPON ADR 175,307 168,244
L BRANDS INC - W/I 94,483 109,195
LABORATORY CORP OF AMERICA HLDG 224,691 382,984
LANCASTER COLONY CORP 82,422 95,341
LEGRAND SA-UNSP ADR 9,973 12,162
LENNAR CORP CLASS A 167,175 422,528
LIBERTY BROADBAND-C 2,329,668 1,326,350
LIBERTY MEDIA CORP-LIB-NEW-C 182,454 184,592
LINDSAY CORPORATION 35,374 33,194
LIVENT CORP 130,266 174,981
LKQ CORP 87,463 76,177
LLOYDS BANKING GROUP PLC 370,577 301,044
LOCKHEED MARTIN CORP 686,259 8,946,958
LOWES COMPANIES INC 215,610 231,452
LUKOIL PJSC-SPON ADR 83,409 1
LUMENTUM HOLDINGS INC -W/I 290,937 217,805
LVMH MOET HENNESSY LOUIS ADR 126,567 565,326
MADDEN STEVEN LTD 100,598 145,446
MARRIOTT INTERNATIONAL INC CL A 546,528 967,889
MARSH & MCLENNAN COMPANIES INC 418,599 425,739
MARTIN MARIETTA MATLS INC 168,763 419,084
MASCO CORP 54,316 104,489
MASONITE INTERNATIONAL CORP 84,615 103,624
MASTERCARD INC CL A 312,471 338,649
MCDONALDS CORP 1,248,575 8,331,931
MEDTRONIC PLC 207,823 193,758
MEITUAN UNSP ADR 1,426,226 537,646
MELCO RESORTS ENTERTAIN LTD ADR 885,539 468,691
MERCADOLIBRE INC 1,031,795 1,287,091
MERCK & CO INC 248,219 269,061
META PLATFORMS INC 1,340,871 2,654,700
METLIFE INC PFD 05.625% 12/31/2049 38,238 37,164
METLIFE INC PFD SER F 04.750% 12/31/2049 48,456 44,554
MGIC INVT CORP WIS 79,820 150,925
MGP INGREDIENTS INC 36,724 92,707
MICHELIN (CGDE) UNSPON ADR 260,472 249,357
MICROCHIP TECHNOLOGY INC 283,694 500,138
MICROSOFT CORP 5,901,495 40,863,891
MISSION PRODUCE INC 37,818 32,227
MITSUBISHI ELEC CORP UNSPON ADR 251,935 244,316
MITSUBISHI UFJ FINL GRP ADR 96,975 210,316
MKS INSTRS INC 257,838 213,558
MOELIS & CO 171,900 260,555
MONDI PLC 247,367 190,870
MOODYS CORP 111,165 126,151
MUELLER WATER PRODUCTS INC SER A 126,742 155,995
MURPHY OIL CORP 45,675 68,939
MURPHY USA INC-W/I 63,275 278,830
NATIONAL BANK HOLD CL A 86,447 95,058
NATIONAL STORAGE AFFILIATES 199,460 153,812
NETFLIX INC 841,505 1,863,290
NEWMARK GROUP INC-CLASS A 121,548 221,250
NEXTERA ENERGY INC 353,076 5,739,930
NIKE INC CLASS B 227,854 392,155
NMI HOLDINGS INC-CLASS A 69,877 101,565
NORDIC SEMICONDUCTOR ASA 861,405 484,674
NORTHERN TRUST CORP 254,460 271,535
NOV INC 105,615 121,092
NOVARTIS AG SPONSORED ADR 250,384 320,681
NOVO NORDISK A S ADR 456,979 461,387
NVIDIA CORP 39,502 746,792
OCCIDENTAL PETROLEUM CORP 307,415 293,176
O-I GLASS INC 50,934 84,160
OLD NATIONAL BANCORP INDIANA 215,937 208,693
ON SEMICONDUCTOR CORPORATION 37,111 251,091
ONEOK INC NEW 51,964 92,690
OSHKOSH CORPORATION CLASS B 177,160 165,759
OXFORD INDUSTRIES INC 45,350 68,800
PACCAR INC 206,896 350,173
PARKER HANNIFIN CORP 183,279 487,421
PENNON GROUP PLC 79,520 87,305
PEPSICO INC 660,302 610,235
PERFORMANCE FOOD GROUP CO 152,838 208,764
PERMIAN RESOURCES CORP 222,262 229,201
PFIZER INC 318,638 261,730
PHILLIPS 66 99,233 192,387
PHYSICIANS REALTY TRUST 118,848 144,227
PINNACLE FINANCIAL 209,585 313,992
POPULAR INC 96,846 98,074
PORTLAND GENERAL ELECTRIC CO 288,984 311,961
PRESTIGE CONSUMER HEALTHCARE INC 181,339 271,021
PRIMERICA INC 150,541 234,566
PROCTER & GAMBLE CO 471,013 478,893
PROGRESSIVE CORP OHIO 53,771 207,383
PROSUS NV 2,107,451 1,918,459
PRYSMIAN SPA-UNSPONSORED ADR 475,926 749,234
QIAGEN NV 32,379 34,179
QUALCOMM 185,607 302,711
QUEST DIAGNOSTICS INC 69,642 68,940
QUIDELORTHO CORP 193,889 186,977
RAYMOND JAMES FINANCIAL INC 63,600 139,598
REGAL REXNORD CORPORATION 71,678 148,316
REINSURANCE GROUP OF AMERICA 234,563 300,264
RENAISSANCE HOLDINGS LTD 64,217 97,216
RHEINMETALL AG-UNSP ADR 951,434 1,157,685
ROSS STORES INC 283,840 464,990
ROYAL CARIBBEAN CRUISES LTD 110,950 177,919
RPM INTERNATIONAL INC 184,148 281,419
RTX CORPORATION 375,339 4,056,810
SABRE CORP 146,590 54,551
SAFRAN SA UNSPON ADR 2,121,279 3,132,436
SANDOZ GROUP AG 14,095 20,326
SANOFI SPONSORED ADR 278,985 288,484
SAP SE SPONSORED ADR 1,083,893 1,254,343
SCHNEIDER NATIONAL INC-CL B 73,348 72,227
SEALED AIR CORP 79,585 66,101
SECOM LTD UNSPONSORED ADR 191,509 201,187
SHELL PLC-W/I 2,134,437 2,555,738
SILGAN HLDGS INC 109,429 135,026
SILICON LABORATORIES INC 127,271 130,815
SINGAPORE TELECOMMUNICATION ADR 149,496 134,699
SJW GROUP 67,886 73,192
SNAM RETE GAS 359,509 327,592
SNAP ON INC 63,136 113,803
SONOCO PRODUCTS CO 65,438 71,569
SONY GROUP CORPORATION ADR 568,837 676,749
SOUTHWEST AIRLINES CO 21,411 25,183
SPIRE INC 101,900 86,777
SSE PLC SPN ADR 132,501 188,797
STAG INDUSTRIES INC 195,996 235,403
STANDARD CHARTERED 580,573 509,292
STANDEX INTERNATIONAL CORP 123,018 232,343
STARBUCKS CORP 340,313 337,283
STIFEL FINL CORP 60,369 124,401
STRYKER CORP 498,282 506,087
SUZUKI MOTOR CORP 449,602 465,083
SYNOPSYS INC 22,917 260,544
SYSCO CORP 296,743 285,938
T&D HOLDINGS INC 539,776 487,775
TAIWAN SEMICONDUCTOR MTG CO ADR 2,283,513 2,423,096
TAKE TWO INTERACTIVE SOFTWARE CDT 99,997 115,723
TAKEDA PHARMACEUTIC SPON ADR 323,265 251,509
TARGET CORP 46,691 57,823
TECHNIPFMC LTD 568,039 974,172
TEGNA INC 64,121 64,107
TELEDYNE TECHNOLOGIES INC 61,678 62,481
TESCO PLC ADR 218,241 269,001
TEXAS INSTRUMENTS INC 296,298 285,691
THE SCOTTS MIRACLE-GRO COMPANY 92,954 93,904
THE TRAVELERS COS INC 112,478 201,729
THERMO FISHER SCIENTIFIC INC 496,138 1,833,879
THOR INDUSTRIES INC 137,696 165,195
TJX COMPANIES INC NEW 55,186 144,092
TOPGOLF CALLAWAY BRANDS CORP 153,802 106,360
TOWNE BANK 51,738 54,014
TOYOTA INDUSTRIES-UNSPON ADR 203,463 288,027
TREEHOUSE FOODS INC 198,730 181,675
UNION PACIFIC CORP 1,867,770 7,824,225
UNITED OVERSEAS BK LTD SPONSORED ADR 234,525 293,958
UNITED UTILITIES GROUP PLC SPON ADR 103,761 112,545
UNITEDHEALTH GROUP INC 1,503,373 2,116,409
UNIVERSAL HEALTH SERVICES INC CLASS B 24,516 35,976
UNIVEST FINANCIAL CORP 124,295 99,465
UPM-KYMMENE OYJ-UNSPON ADR 45,390 53,084
URBAN OUTFITTERS INC 115,126 129,198
US BANCORP DEL COM NEW 296,192 288,591
US BANCORP PFD SER B CALL 4/15/2011 @25.00 50,672 52,359
VALLEY NATIONAL BANCORP 193,405 222,706
VALMONT INDUSTRIES INC 154,764 136,370
VALVOLINE INC 78,813 148,291
VERALTO CORP-W/I 24,829 34,138
VERISK ANALYTICS INC 148,161 156,453
VIAVI SOLUTIONS INC -W/I 225,163 186,889
VISA INC CLASS A SHARES 713,252 1,306,436
VORNADO REALTY TRUST 112,048 123,622
WASTE MANAGEMENT INC 224,122 234,263
WATERS CORP 263,364 329,559
WEBSTER FINANCIAL CORP 89,423 104,566
WEC ENERGY GROUP INC 66,243 88,294
WELLS FARGO & COMPANY 1,258,015 1,822,321
WERNER ENTERPRISES INC 75,103 79,995
WESTAMERICA BANCORPORATION 98,604 104,359
WH GROUP LTD - SPON ADR 232,480 173,869
WINTRUST FINL CORP 248,349 280,754
WOODWARD INC 673,261 787,512
WPP PLC ADR 354,357 235,852
WR BERKLEY CORP 80,079 182,033
XCEL ENERGY INC 253,638 223,495
XYLEM INC 167,807 308,200
YANDEX INV A 16,520 0
YETI HOLDINGS INC 91,609 72,078

TY 2023 InvestmentsGovtObligationsSch
Name:
SARAH SCAIFE FOUNDATION INCORPORATED
EIN:
25-1113452
US Government Securities - End of Year Book Value:

27,036,649
US Government Securities - End of Year Fair Market Value:

26,310,994
State & Local Government Securities - End of Year Book Value:


107,762
State & Local Government Securities - End of Year Fair Market Value:


102,307


TY 2023 InvestmentsOtherSchedule2
Name:
SARAH SCAIFE FOUNDATION INCORPORATED
EIN:
25-1113452
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ACCOLADE PARTNERS IX, L.P. (ONSHORE) FMV 613,235 597,162
AMERICAN BEACON AHL MANAGED FUTURES STRATEGY FUND R5 CLASS FMV 8,500,000 6,484,604
BLACKROCK EVENT DRIVEN EQ-IS FMV 15,700,000 16,782,350
BLUE OWL HEALTHCARE INVESTMENTS IV LP FMV 2,987,372 2,829,864
CARLYLE REALTY FOREIGN INVESTORS VIII A LP FMV 2,189,910 3,578,412
DOVER STREET XI L.P. FMV 2,010,802 2,449,001
ENERGY SELECT SECTOR SPDR FUND ETF FMV 10,301,647 10,763,798
EV GL MACR ABS RTRN ADV FUND CLASS R6 FMV 10,300,000 9,971,045
FOREVER INC. FMV 93,574 41,372
GCM GROSVENOR CIS III, L.P. FMV 1,774,998 1,929,863
GLDMN SCHS ABS RTRN TR FUND CLASS R6 FMV 10,250,000 10,038,179
GLOBAL X AUTONOMOUS&ELEC-E ETF FMV 3,403,687 3,258,364
GLOBAL X CLOUD COMPUTING ETF ETF FMV 1,846,729 2,424,416
GLOBAL X CYBERSECURITY ETF FMV 1,973,958 1,967,199
GLOBAL X FINTECH THEMATIC ET ETF FMV 3,978,885 4,249,350
GLOBAL X INTERNET OF THINGS ETF FMV 2,208,434 4,192,462
GLOBAL X LITHIUM & BATTERY TECH ETF FMV 1,167,434 2,248,084
GLOBAL X ROBOTICS & ARTIFI ETF FMV 3,276,262 4,657,841
GLOBAL X SOCIAL MEDIA INDEX ETF FMV 2,513,389 3,304,930
GLOBAL X VIDEO GAMES& ESPO ETF FMV 2,010,780 1,949,773
HAMILTON LANE MARKET STREET OPPORTUNITIES FUND II LP FMV 4,512,301 5,329,453
HAMILTON LANE MARKET STREET OPPORTUNITIES FUND LP FMV 3,595,002 5,504,970
HUDSON BAY FUND LP FMV 6,047,490 6,082,229
INVESCO SHORT TERM TREASURY ETF FMV 16,006,300 16,041,400
ISHARES CORE S&P SMALL CAP ETF FMV 4,998,740 6,371,920
ISHARES MSCI ACWI ETF FMV 46,396,261 59,417,397
ISHARES RUSSELL MID-CAP GROWTH ETF FMV 12,007,849 25,228,135
ISHARES RUSSELL MID-CAP VALUE ETF FMV 4,627,059 7,169,860
ISHARES SELECT DIVIDEND ETF FMV 10,523,464 10,656,470
MIDOCEAN PARTNERS VI, LP FMV 1,278,716 1,182,593
SCHWAB U.S. TIPS ETF ETF FMV 8,044,485 8,015,310
SPDR GOLD TRUST ETF FMV 20,783,465 22,905,989
VANGUARD GROWTH ETF FMV 10,634,158 11,508,778
VANGUARD LARGE CAP ETF FMV 45,907,536 96,581,986
VANGUARD SMALL CAP GROWTH ETF FMV 4,717,922 8,530,854
VANGUARD TOTAL BOND MARKET ETF FMV 38,447,118 38,742,095
WISDOMTREE U.S. QUALITY DIVI ETF FMV 24,994,768 37,550,604

TY 2023 OtherAssetsSchedule
Name:
SARAH SCAIFE FOUNDATION INCORPORATED
EIN:
25-1113452
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PPD FED EXCISE TAX 394,514 40,949 40,949
OPER LEASE - RIGHT OF USE ASSET 911,996 699,672 699,672


TY 2023 OtherExpensesSchedule
Name:
SARAH SCAIFE FOUNDATION INCORPORATED
EIN:
25-1113452
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES & SUBSCRIPTIONS 8,424 0   8,424
INSURANCE 50,878 6,686   42,252
OFFICE EXPENSE 22,644 3,094   19,551
TELEPHONE 3,977 543   3,433
COMPUTER MAINTENANCE 14,854 2,029   12,824
GRANT MANAGEMENT SOFTWARE 11,762 0   11,763


TY 2023 OtherIncomeSchedule2
Name:
SARAH SCAIFE FOUNDATION INCORPORATED
EIN:
25-1113452
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CARLYLE REALTY FOREIGN INVESTORS VIII-A, L.P. 211,063 0 0
HAMILTON LANE MARKET STREET OPP FUND 637,298 -55,284 0
HAMILTON LANE MARKET STREET OPP FUND II 171,003 -188,897 0
GCM GROSVENOR 70,366 15,535 0
BLUE OWL HEALTHCARE OPPORTUNITIES IV LP 131,481 -116,050 0
HUDSON BAY FUND LP 297,490 -94,700 0
ACCOLADE PARTNERS IX, L.P. -36,765 -78,292 0
ACCOLADE PARTNERS VENTURE I, L.P. 0 -54,997 0
MIDOCEAN PARTNERS VI, LP -243,924 -250,124 0
DOVER STREET XI LP -51,871 -62,835 0
OTHER REVENUE 7,438 7,438 7,438
RECOVERY OF GRANTS PAID IN A PRIOR YEAR 50,000   50,000


TY 2023 OtherLiabilitiesSchedule
Name:
SARAH SCAIFE FOUNDATION INCORPORATED
EIN:
25-1113452
Description Beginning of Year - Book Value End of Year - Book Value
OPERATING LEASE LIABILITY 911,996 699,672


TY 2023 OtherProfessionalFeesSchedule
Name:
SARAH SCAIFE FOUNDATION INCORPORATED
EIN:
25-1113452
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FISCAL AGENT FEE 1,458,768 1,458,768   0


TY 2023 TaxesSchedule
Name:
SARAH SCAIFE FOUNDATION INCORPORATED
EIN:
25-1113452
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 533,565 0   0