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
CRIMSONBRIDGE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1050 CONNECTICUT AVE NW 500
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20036
A Employer identification number

47-4376653
B Telephone number (see instructions)

(202) 964-4430
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$15,644,162
J Accounting method:
modified cash
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,522,430
2 Check right arrow.............
3 Interest on savings and temporary cash investments 26,643 26,643 26,643
4 Dividends and interest from securities... 282,756 282,756 282,756
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -52
b Gross sales price for all assets on line 6a 1,022,379
7 Capital gain net income (from Part IV, line 2)... 1,022,379
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 1,118 32 1,118
12 Total. Add lines 1 through 11........ 2,832,895 1,331,810 310,517
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 268,986 0 0 270,111
14 Other employee salaries and wages...... 466,044 0 0 467,760
15 Pension plans, employee benefits....... 141,014 0 0 141,014
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 7,100 0 0 7,100
c Other professional fees (attach schedule).... 59,770 0 0 59,329
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 14,875 0 0 14,875
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 10,263 0 0 10,275
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 21,351 0 0 21,753
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 989,403 0 0 992,217
25 Contributions, gifts, grants paid....... 1,188,750 1,188,750
26 Total expenses and disbursements. Add lines 24 and 25 2,178,153 0 0 2,180,967
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 654,742
b Net investment income (if negative, enter -0-) 1,331,810
c Adjusted net income (if negative, enter -0-)... 310,517
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.............   307,667 307,667
2 Savings and temporary cash investments......... 3,927,449 4,190,591 4,190,591
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 8,806,827 Click to see attachment
List of Attached Documents:
// Content
11,145,904
11,145,904
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,734,276 15,644,162 15,644,162
Liabilities 17 Accounts payable and accrued expenses.......... 3,551 738
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 3,551 738
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........... 12,730,725 15,643,424
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)..... 12,730,725 15,643,424
30 Total liabilities and net assets/fund balances (see instructions). 12,734,276 15,644,162
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
12,730,725
2
Enter amount from Part I, line 27a .....................
2
654,742
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,257,957
4
Add lines 1, 2, and 3 ..........................
4
15,643,424
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
15,643,424
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 SALE OF PUBLICLY TRADED SECURITIES D    
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,022,379     1,022,379
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       1,022,379
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 1,022,379
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 0
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 18,512
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 18,512
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 18,512
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 4,200
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,200
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 14,312
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
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 arrowMD
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
Yes
 
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.CRIMSONBRIDGE.ORG
14
The books are in care ofright arrowTHE CRIMSONBRIDGE FOUNDATION Telephone no.right arrow (202) 964-4430

Located atright arrow1050 CONNECTICUT AVE NW STE 500WASHINGTONDC ZIP+4right arrow20036
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
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
GABRIELA SMITH FOUNDER & EXECUTIVE CHAIR
20.00
0 0 0
1050 CONNECTICUT AVE NW STE 500
WASHINGTON,DC20036
DANIELLE REYES PRESIDENT & CEO
50.00
268,986 36,669 563
1050 CONNECTICUT AVE NW STE 500
WASHINGTON,DC20036
ADRIANNA SMITH REIG DIRECTOR
1.00
0 0 0
1050 CONNECTICUT AVE NW STE 500
WASHINGTON,DC20036
BRENDON SMITH DIRECTOR
1.00
0 0 0
1050 CONNECTICUT AVE NW STE 500
WASHINGTON,DC20036
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
ROBYN ELLIS PROGRAM OFFICER
40.00
107,816 18,456 245
1050 CONNECTICUT AVE NW STE 500
WASHINGTON,DC20036
CAITLIN MAYO - 1050 CONNECTICUT SENIOR PROGRAM OFFIC
40.00
108,372 17,981 0
AVE NW STE 500
WASHINGTON,DC20036
DANIELLE VERBIEST - 1050 CONNECTICU OPERATIONS/GRANT MAN
36.00
105,897 10,193 0
AVE NW STE 500
WASHINGTON,DC20036
SANTIAGO ALURRALDE - 1050 CONNECTIC IT PROJECT MANAGER
40.00
83,657 7,664 300
AVE NW STE 500
WASHINGTON,DC20036
SARAH BABINS STARTED 4123 - 1050 SPECIAL PROJECTS & E
40.00
58,894 5,472 300
AVE NW STE 500
WASHINGTON,DC20036
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
NONE
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 THE CRIMSONBRIDGE FOUNDATION IS AN ENTREPRENEURIAL PHILANTHROPIC ORGANIZATION THAT BUILDS BRIDGES OF COLLABORATION TO CREATE TRANSFORMATIVE SOLUTIONS TO IMPROVE THE LIVES OF OUR NATION'S YOUTH AND FAMILIES. WE INNOVATE AND STRATEGICALLY INVEST IN EDUCATION, LEADERSHIP DEVELOPMENT, ENVIRONMENTAL SUSTAINABILITY, AND CAPACITY BUILDING PROGRAMS TO HELP AMERICA'S YOUTH AND NONPROFIT ORGANIZATIONS ACHIEVE THEIR POTENTIAL. OUR MOST COMMON ACTIVITIES INCLUDE SUPPORTING AND/OR COLLABORATING WITH NONPROFITS AND COMMUNITY PARTNERS TO DESIGN, IMPLEMENT, AND PROMOTE PROGRAMS, CONDUCT RESEARCH AND DISSEMINATE FINDINGS, PROVIDE INTENSIVE PROGRAM AND ORGANIZATION SPECIFIC TECHNICAL ASSISTANCE, AND PRESENTING AT REGIONAL AND NATIONAL WORKSHOPS AND CONFERENCES. IN ADDITION, WE ACTIVELY SERVE ON EXTERNAL GRANT AND OTHER NONPROFIT COMMITTEES AND TASKFORCES. 359,791
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
9,928,882
b
Average of monthly cash balances.......................
1b
3,622,058
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
13,550,940
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
13,550,940
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
203,264
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
13,347,676
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
667,384
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
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
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
2,180,967
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
2,180,967
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  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
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 ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$  
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions).....
 
c Treated as distributions out of corpus (Election
required—see instructions)........
 
d Applied to 2023 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 ..........
 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ...
 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ......
 
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
2020-08-14
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
310,517 168,317 126,108 151,854 756,796
b 85% (0.85) of line 2a ......... 263,939 143,069 107,192 129,076 643,277
c Qualifying distributions from Part XI,
line 4 for each year listed .....
2,180,967 1,716,191 1,377,318 1,149,033 6,423,509
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
1,188,750 935,500 647,270 545,835 3,317,355
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
992,217 780,691 730,048 603,198 3,106,154
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
        0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
444,923 416,658 424,820 361,706 1,648,107
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) ....
        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
        0
(3) Largest amount of support
from an exempt organization
        0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

ABRAMSON SCHOLARSHIP FOUNDATION

PO BOX 7810
WASHINGTON,DC20044
N/A PC CRIMSONBRIDGE TEAM PHILANTHROPY PROGRAM 1,000

AFRITHRIVE

14030 CONNECTICUT AVE STE 6093
SILVER SPRING,MD20906
N/A PC CRIMSONBRIDGE TEAM PHILANTHROPY PROGRAM 1,000

ALL IN TOGETHER

PO BOX 758
HARRISON,NY10528
N/A PC WOMEN AND GIRLS LEADERSHIP AND CIVIC ENGAGEMENT - COMMUNITY LEADERSHIP PROGRAM 10,000

ALL SAINTS CATHOLIC SCHOOL

9294 STONEWALL RD
MANASSAS,VA20110
N/A PC BRIDGES FOR SCHOOLS PROGRAM 6,000

ARCHDIOCESE OF WASHINGTON SECRETARIAT FOR COMMUNICATIONS

PO BOX 29260
WASHINGTON,DC200170260
N/A PC HISPANIC COMMUNICATIONS CAPACITY BUILDING 20,000

ASSOCIATION OF COMMUNITY COLLEGE TRUSTEES

1101 17TH STREET NW STE 300
WASHINGTON,DC20036
N/A PC COLLEGE SUCCESS - KIDS ON CAMPUS PROJECT 100,000

ASSUMPTION OF THE BLESSED VIRGIN MARY SCHOOL

290 STATE RD
WEST GROVE,PA19390
N/A PC BRIDGES FOR SCHOOLS PROGRAM 2,000

BETHANY HOUSE OF NOVA

6862 ELM ST STE 200
MCLEAN,VA22101
N/A PC CRIMSONBRIDGE TEAM PHILANTHROPY PROGRAM 1,000

CASEY TREES

3030 12TH ST NE
WASHINGTON,DC20017
N/A PC ENVIRONMENTAL SUSTAINABILITY - NATURE NEAR SCHOOLS 20,000

CATHOLIC CHARITIES OF DIOCESE OF ARLINGTON

200 N GLEBE RD
ARLINGTON,VA22203
N/A PC ADULT ENGLISH LANGUAGE PROGRAMS 15,000

CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON

924 G STREET NW
WASHINGTON,DC20001
N/A PC ADULT ENGLISH LANGUAGE PROGRAMS 15,000

CENTER FOR NONPROFIT ADVANCEMENT

1717 K ST NW STE 900
WASHINGTON,DC20006
N/A PC LEADERBRIDGE - EXECUTIVE PREPARATION INSTITUTE AND SCALING COACHING 10,000

CHICA PROJECT

1266 FURNACE BROOK PKWY
QUINCY,MA02169
N/A PC WOMEN AND GIRLS LEADERSHIP AND CIVIC ENGAGEMENT - YOUNG WOMEN'S LEADERSHIP DEVELOPMENT AND CIVIC ENGAGEMENT 10,000

CITY BLOSSOMS

516 KENNEDY ST NW
WASHINGTON,DC20011
N/A PC ENVIRONMENTAL SUSTAINABILITY - EARLY GROWERS PROGRAM 15,000

COLLEGIATE DIRECTIONS

4827 RUGBY AVE STE 001
BETHESDA,MD20814
N/A PC COLLEGE SUCCESS - CAPACITY BUILDING PLAN 2023-2024 20,000

DC BAR FOUNDATION

200 MASSACHUSETTS AVE NW STE 700
WASHINGTON,DC20001
N/A PC CRIMSONBRIDGE TEAM PHILANTHROPY PROGRAM 3,000

ECOACTION ARLINGTON

3308 S STAFFORD ST
ARLINGTON,VA22206
N/A PC ENVIRONMENTAL SUSTAINABILITY - TREE CANOPY EQUITY PROGRAM 10,000

EDSOURCE

436 14TH ST 310
OAKLAND,CA94612
N/A PC COLLEGE SUCCESS - NATIONAL EDUCATION COVERAGE INITIATIVE 100,000

ELIZABETH SETON HIGH SCHOOL

5715 EMERSON ST
BLADENSBURG,MD20710
N/A PC BRIDGES FOR SCHOOLS PROGRAM 5,000

FADICA

PO BOX 33667
WASHINGTON,DC20033
N/A PC EDUCATION IMPERATIVE - MEMBERSHIP 8,750

GENERATION HOPE

1401 OKIE ST NE STE 300
WASHINGTON,DC20002
N/A PC COLLEGE SUCCESS - FAMILYU 20,000

GEORGETOWN UNIVERSITY - CENTER FOR PUBLIC & NONPROFIT LEADERSHIP

600 NEW JERSEY AVE NW
WASHINGTON,DC20001
N/A PC LEADERBRIDGE - NONPROFIT MANAGEMENT EXECUTIVE CERTIFICATE PROGRAM & ALUMNI ENGAGEMENT 20,000

GEORGETOWN VISITATION

1524 THIRTY-FIFTH ST NW
WASHINGTON,DC20007
N/A PC BRIDGES FOR SCHOOLS PROGRAM 5,000

GIRLS ON THE RUN DC

900 BRENTWOOD RD NE 90824
WASHINGTON,DC20090
N/A PC WOMEN AND GIRLS LEADERSHIP AND CIVIC ENGAGEMENT - SCALING GIRLS ON THE RUN DC 2023-2024 PROGRAMMING 10,000

GIRLS ON THE RUN MONTGOMERY COUNTY

11821 PARKLAWN DR STE 125
ROCKVILLE,MD20852
N/A PC WOMEN AND GIRLS LEADERSHIP AND CIVIC ENGAGEMENT - GIRLS LEADERSHIP DEVELOPMENT 10,000

GIRLS ROCK DC

1640 COLUMBIA RD NW
WASHINGTON,DC20009
N/A PC WOMEN AND GIRLS LEADERSHIP AND CIVIC ENGAGEMENT - YOUTH LEADERSHIP PROGRAM 10,000

HOLY FAMILY CATHOLIC SCHOOL

14160 FERNDALE RD
WOODBRIDGE,VA22193
N/A PC BRIDGES FOR SCHOOLS PROGRAM 6,000

HOLY FAMILY SCHOOL

221 3RD AVE
PHOENIXVILLE,PA19460
N/A PC BRIDGES FOR SCHOOLS PROGRAM 2,000

HOLY REDEEMER SCHOOL

4902 BERWYN RD
COLLEGE PARK,MD20740
N/A PC BRIDGES FOR SCHOOLS PROGRAM 5,000

HOMES NOT BORDERS

3610 EAST ST
LANDOVER,MD20785
N/A PC CRIMSONBRIDGE TEAM PHILANTHROPY PROGRAM 1,000

IGNITE

510 16TH ST
OAKLAND,CA94612
N/A PC WOMEN AND GIRLS LEADERSHIP AND CIVIC ENGAGEMENT - COLLEGE AND HIGH SCHOOL PROGRAMS AND ADVOCACY WORK 15,000

KIPP FOUNDATION

135 MAIN ST STE 1875
SAN FRANCISCO,CA94105
N/A PC COLLEGE SUCCESS - NUDGE-ENABLED REMOTE ADVISING PILOT 50,000

LATINO STUDENT FUND

PO BOX 5403
WASHINGTON,DC20016
N/A PC EDUCATION IMPERATIVE - HISPANIC EDUCATION IMPERATIVE FUND 113,000

LATINO STUDENT FUND

PO BOX 5403
WASHINGTON,DC20016
N/A PC EDUCATION IMPERATIVE - ANNUAL GALA 5,000

LEADERSHIP GREATER WASHINGTON

1602 L ST NW STE 950
WASHINGTON,DC20036
N/A PC LEADERBRIDGE - RISING LEADERS 8,000

LEADERSHIP MONTGOMERY

6010 EXECUTIVE BLVD STE 200
ROCKVILLE,MD20852
N/A PC LEADERBRIDGE - EMERGING LEADERS 7,000

LITERACY COUNCIL OF FREDERICK COUNTY

110 E PATRICK ST
FREDERICK,MD21701
N/A PC ADULT ENGLISH LANGUAGE PROGRAMS 15,000

MAMATOTO VILLAGE

4315 SHERIFF RD NE
WASHINGTON,DC20019
N/A PC CRIMSONBRIDGE TEAM PHILANTHROPY PROGRAM 1,000

MONTGOMERY COALITION FOR ADULT ENGLISH LITERACY

9210 CORPORATE BLVD STE 480
ROCKVILLE,MD20850
N/A PC ADULT ENGLISH LANGUAGE PROGRAMS 15,000

MONTGOMERY COLLEGE FOUNDATION

9221 CORPORATE BLVD 3RD FLOOR
ROCKVILLE,MD20850
N/A PC COLLEGE SUCCESS - SCALING UP ACHIEVING THE PROMISE ACADEMY PROGRAM COACHES TRAINING 70,000

NASPA - CENTER FOR FIRST-GENERATION STUDENT SUCCESS

111 K ST NE 10TH FLOOR
WASHINGTON,DC20002
N/A PC COLLEGE SUCCESS - FIRST-GENERATION STUDENT SUCCESS: A LANDSCAPE ANALYSIS AND STUDY 50,000

NATURE FORWARD

8940 JONES MILL RD
CHEVY CHASE,MD20815
N/A PC ENVIRONMENTAL SUSTAINABILITY - BILINGUAL NATURALIST AMBASSADOR 35,000

NEW FUTURES

609 H ST NE STE 500
WASHINGTON,DC20002
N/A PC COLLEGE SUCCESS - CAPACITY-BUILDING IN SCHOLARS PROGRAM 20,000

OUR LADY OF MERCY CATHOLIC SCHOOL

9222 KENTSDALE DR
POTOMAC,MD20854
N/A PC BRIDGES FOR SCHOOLS PROGRAM 3,000

POPE JOHN PAUL II REGIONAL CATHOLIC ELEMENTARY SCHOOL

2875 MANOR RD
WEST BRANDYWINE,PA19320
N/A PC BRIDGES FOR SCHOOLS PROGRAM 2,000

PRESENTATION BVM SCHOOL

105 OLD SOLDIERS RD
CHELTENHAM,PA19012
N/A PC BRIDGES FOR SCHOOLS PROGRAM 2,000

ROCK CREEK CONSERVANCY

7200 WISCONSIN AVE STE 500
BETHESDA,MD20814
N/A PC ENVIRONMENTAL SUSTAINABILITY - ROCK CREEK RESTORATION PLAN 30,000

RUNNING START

4315 50TH ST NW STE 100 7128
WASHINGTON,DC20016
N/A PC WOMEN AND GIRLS LEADERSHIP AND CIVIC ENGAGEMENT - ALUM SUPPORT NETWORK 10,000

SACRED HEART SCHOOL

1625 PARK RD NW
WASHINGTON,DC20010
N/A PC BRIDGES FOR SCHOOLS PROGRAM 5,000

SHE SHOULD RUN

80 M ST SE FLOOR 1
WASHINGTON,DC20003
N/A PC WOMEN AND GIRLS LEADERSHIP AND CIVIC ENGAGEMENT - PROMOTING PARTICIPATION: CREATING MOMENTUM FOR THE SIGNATURE CURRICULUM 15,000

SPARK THE JOURNEY

609 H ST NE STE 500
WASHINGTON,DC20002
N/A PC COLLEGE SUCCESS - SCALING UP PARTNERSHIPS WITH LOCAL COMMUNITY ORGANIZATIONS 20,000

SPUR LOCAL

80 M ST SE STE 100
WASHINGTON,DC20003
N/A PC LEADERBRIDGE 15,000

ST AGNES SCHOOL

211 W GAY ST
WEST CHESTER,PA19380
N/A PC BRIDGES FOR SCHOOLS PROGRAM 2,000

ST AMBROSE CATHOLIC SCHOOL

3827 WOODBURN RD
ANNANDALE,VA22003
N/A PC BRIDGES FOR SCHOOLS PROGRAM 15,000

ST AMBROSE CATHOLIC SCHOOL

3827 WOODBURN ROAD
ANNANDALE,VA22003
N/A PC BRIDGES FOR SCHOOLS PROGRAM 5,000

ST ANTHONY CATHOLIC SCHOOL

3400 12TH ST NE
WASHINGTON,DC20017
N/A PC BRIDGES FOR SCHOOLS PROGRAM 3,000

ST CHARLES BORROMEO SCHOOL

1704 BRISTOL PIKE
BENSALEM,PA19020
N/A PC BRIDGES FOR SCHOOLS PROGRAM 2,000

ST HELENA-INCARNATION CATHOLIC SCHOOL

6101 N 5TH ST
PHILADELPHIA,PA19120
N/A PC BRIDGES FOR SCHOOLS PROGRAM 2,000

ST JEROME ACADEMY

5207 42ND PL
HYATTSVILLE,MD20781
N/A PC BRIDGES FOR SCHOOLS PROGRAM 3,000

ST JOHN THE EVANGELIST CATHOLIC SCHOOL

8912 OLD BRANCH AVE
CLINTON,MD20735
N/A PC BRIDGES FOR SCHOOLS PROGRAM 5,000

ST JUDE REGIONAL CATHOLIC SCHOOL

4820 WALBRIDGE ST
ROCKVILLE,MD20853
N/A PC BRIDGES FOR SCHOOLS PROGRAM 3,000

ST LAURENCE SCHOOL

8245 WEST CHESTER PIKE
UPPER DARBY,PA19082
N/A PC BRIDGES FOR SCHOOLS PROGRAM 2,000

ST MARTIN OF TOURS SCHOOL

115 S FREDERICK AVE
GAITHERSBURG,MD20877
N/A PC BRIDGES FOR SCHOOLS PROGRAM 6,000

ST MARY OF THE ASSUMPTION SCHOOL

4610 LARGO RD
UPPER MARLBORO,MD20772
N/A PC BRIDGES FOR SCHOOLS PROGRAM 3,000

ST PETER THE APOSTLE SCHOOL

1009 N 5TH ST
PHILADELPHIA,PA19123
N/A PC BRIDGES FOR SCHOOLS PROGRAM 2,000

ST PHILIP THE APOSTLE CATHOLIC SCHOOL

5414 HENDERSON WAY
CAMP SPRINGS,MD20746
N/A PC BRIDGES FOR SCHOOLS PROGRAM 6,000

ST RAPHAEL SCHOOL

1513 DUNSTER RD
ROCKVILLE,MD20854
N/A PC BRIDGES FOR SCHOOLS PROGRAM 5,000

ST ROSE OF LIMA CATHOLIC SCHOOL

1522 N WANAMAKER ST
PHILADELPHIA,PA19131
N/A PC BRIDGES FOR SCHOOLS PROGRAM 2,000

ST THOMAS AQUINAS CATHOLIC SCHOOL

1631 S 18TH ST
PHILADELPHIA,PA19145
N/A PC BRIDGES FOR SCHOOLS PROGRAM 2,000

ST VERONICA CATHOLIC SCHOOL

3521 N 6TH ST
PHILADELPHIA,PA19140
N/A PC BRIDGES FOR SCHOOLS PROGRAM 2,000

TEACHERS COLLEGE COLUMBIA UNIVERSITY (COMMUNITY COLLEGE RESEARCH CENTER)

525 W 120TH ST
NEW YORK,NY10027
N/A PC COLLEGE SUCCESS - ENHANCING RESEARCH AND DISSEMINATION ON FIRST-GENERATION COLLEGE STUDENTS 75,000

TEMPLE UNIVERSITY - OF THE COMMONWEALTH SYSTEM OF HIGHER EDUCATION - HOPE C

1801 N BROAD ST
PHILADELPHIA,PA19122
N/A PC COLLEGE SUCCESS - BASIC NEEDS LEARNING MODULE SERIES 40,000

THE ACADEMY OF ST MATTHIAS THE APOSTLE

9473 ANNAPOLIS RD
LANHAM,MD20706
N/A PC BRIDGES FOR SCHOOLS PROGRAM 5,000

THE ACADEMY OF THE HOLY CROSS

4920 STRATHMORE AVE
KENSINGTON,MD20895
N/A PC BRIDGES FOR SCHOOLS PROGRAM 5,000

THE FAMILY PLACE PUBLIC CHARTER SCHOOL

3309 16TH ST NW
WASHINGTON,DC20010
N/A PC ADULT ENGLISH LANGUAGE PROGRAMS 15,000

VISITATION BVM SCHOOL

300 E LEHIGH AVE
PHILADELPHIA,PA19125
N/A PC BRIDGES FOR SCHOOLS PROGRAM 2,000

WASHINGTON JESUIT ACADEMY

900 VARNUM ST NE
WASHINGTON,DC20017
N/A PC BRIDGES FOR SCHOOLS PROGRAM 6,000

WASHINGTON SCHOOL FOR GIRLS

1901 MISSISSIPPI AVE SE
WASHINGTON,DC20020
N/A PC BRIDGES FOR SCHOOLS PROGRAM 3,000
Total .................................right arrow 3a 1,188,750
bApproved for future payment

CATHOLIC CHARITIES OF DIOCESE OF ARLINGTON
200 N GLEBE RD
ARLINGTON,VA22203
N/A PC ADULT ENGLISH LANGUAGE PROGRAMS 15,000

CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON
924 G STREET NW
WASHINGTON,DC20001
N/A PC ADULT ENGLISH LANGUAGE PROGRAMS 15,000

LEADERSHIP GREATER WASHINGTON
1602 L ST NW STE 950
WASHINGTON,DC20036
N/A PC LEADERBRIDGE - RISING LEADERS 8,000

LITERACY COUNCIL OF FREDERICK COUNTY
110 E PATRICK ST
FREDERICK,VA21701
N/A PC ADULT ENGLISH LANGUAGE PROGRAMS 15,000

MONTGOMERY COALITION FOR ADULT ENGLISH LITERACY
9210 CORPORATE BLVD STE 480
ROCKVILLE,MD20850
N/A PC ADULT ENGLISH LANGUAGE PROGRAMS 15,000

MONTGOMERY COLLEGE FOUNDATION
9221 CORPORATE BLVD 3RD FLOOR
ROCKVILLE,MD20850
N/A PC COLLEGE SUCCESS - SCALING UP ACHIEVING THE PROMISE ACADEMY PROGRAM COACHES TRAINING 30,000

NASPA - CENTER FOR FIRST-GENERATION STUDENT SUCCESS
111 K ST NE 10TH FLOOR
WASHINGTON,DC20002
N/A PC COLLEGE SUCCESS - FIRST-GENERATION STUDENT SUCCESS: A LANDSCAPE ANALYSIS AND STUDY 25,000

OUR LADY OF MERCY SCHOOL
9222 KENTSDALE DR
POTOMAC,MD20854
N/A PC BRIDGES FOR SCHOOLS PROGRAM 3,000

SHE SHOULD RUN
80 M ST SE FLOOR 1
WASHINGTON,DC20003
N/A PC WOMEN AND GIRLS LEADERSHIP AND CIVIC ENGAGEMENT - PROMOTING PARTICIPATION: CREATING MOMENTUM FOR THE SIGNATURE CURRICULUM 15,000
Total ................................. right arrow 3b 141,000
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 26,643  
4 Dividends and interest from securities ....     14 282,756  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
    18 -52  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aSETTLEMENT INCOME
    14 32  
bCREDIT CARD REWARD REDEMPTION     01 1,086  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 310,465 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
310,465
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


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

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

47-4376653
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
CRIMSONBRIDGE FOUNDATION INC
 
Employer identification number
47-4376653
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
FIDELITY CHARITABLE
 
PO BOX 770001
 
CINCINNATI, OH452770053

$ 500,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
NATIONAL PHILANTHROPIC TRUST
 
165 TOWNSHIP LINE RD STE 1200
 
JENKINTOWN, PA19046

$ 1,000,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
3
DOUGLAS SMITH
1050 CONNECTICUT AVE NW 500
 
WASHINGTON, DC20036

$ 200,388


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
4
DOUGLAS SMITH
1050 CONNECTICUT AVE NW 500
 
WASHINGTON, DC20036

$ 200,104


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
5
DOUGLAS SMITH
1050 CONNECTICUT AVE NW 500
 
WASHINGTON, DC20036

$ 481,254


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
6
DOUGLAS SMITH
1050 CONNECTICUT AVE NW 500
 
WASHINGTON, DC20036

$ 125,274


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
CRIMSONBRIDGE FOUNDATION INC
 
Employer identification number
47-4376653
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
7
DOUGLAS SMITH
1050 CONNECTICUT AVE NW 500
 
WASHINGTON, DC20036

$ 15,410


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
CRIMSONBRIDGE FOUNDATION INC
 
Employer identification number

47-4376653
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
3
1377 SHS OF PROCTER & GAMBLE $ 200,388 2023-12-28
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
4
694 SHS OF AMGEN INC $ 200,104 2023-12-28
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
5
1389 SHS OF BOSTON BEER COMPANY $ 481,254 2023-12-29
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
6
2497 SHS OF INTEL CORP $ 125,274 2023-12-29
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
7
33 SHS OF NORTHROP GRUMMAN $ 15,410 2023-12-29
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
CRIMSONBRIDGE FOUNDATION INC
 
Employer identification number

47-4376653
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
CRIMSONBRIDGE FOUNDATION INC
EIN:
47-4376653
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEES 7,100 0 0 7,100

TY 2023 InvestmentsOtherSchedule2
Name:
CRIMSONBRIDGE FOUNDATION INC
EIN:
47-4376653
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SELECT SECTOR SPDR TR FINANCIAL 15,425.788 SH. FMV 580,010 580,010
MATERIALS SELECT SECTOR SPDR 1,821.137 SH FMV 155,780 155,780
HEALTH CARE SELECT SECTOR SPDR 5,894.485 SH. FMV 803,890 803,890
CONSUMER STAPLES SELECT SECTOR SPDR 6,008.822 SH. FMV 432,815 432,815
CONSUMER DISCRETIONARY SELECT SECTOR SPDR FUND 4,374.101 SH. FMV 782,133 782,133
INDUSTRIAL SELECT SECTOR SPDR FUND 5,311.311 SH. FMV 605,436 605,436
SELECT SECTOR SPDR TRUST TECHNOLOGY SELECT SECTOR USD DIS 14,462.877 SH. FMV 2,783,815 2,783,815
UTILITIES SELECT SECTOR SPDR FUND 2,185.098 SH. FMV 138,382 138,382
SELECT SECTOR SPDR TR RL EST SEL SEC 2,384.780 SH. FMV 95,534 95,534
VANGUARD S&P 500 ETF 10,916 SH. FMV 4,768,109 4,768,109

TY 2023 OtherExpensesSchedule
Name:
CRIMSONBRIDGE FOUNDATION INC
EIN:
47-4376653
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL PROCESSING 4,791 0 0 4,791
INSURANCE 2,512 0 0 2,512
ASSOCIATION DUES 3,100 0 0 3,100
OFFICE EXPENSES 9,458 0 0 9,709
TELEPHONE 465 0 0 443
MEMBERSHIP FEES 513 0 0 505
FILING FEES 512 0 0 693


TY 2023 OtherIncomeSchedule2
Name:
CRIMSONBRIDGE FOUNDATION INC
EIN:
47-4376653
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
SETTLEMENT INCOME 32 32 32
CREDIT CARD REWARD REDEMPTION 1,086   1,086


TY 2023 OtherIncreasesSchedule
Name:
CRIMSONBRIDGE FOUNDATION INC
EIN:
47-4376653
Description Amount
CHANGE IN UNREALIZED GAIN ON INVESTMENTS 2,257,957


TY 2023 OtherProfessionalFeesSchedule
Name:
CRIMSONBRIDGE FOUNDATION INC
EIN:
47-4376653
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TRADEMARK REGISTRATION FEES 4,680 0 0 4,680
PROGRAM CONSULTANTS 55,090 0 0 54,649


TY 2023 TaxesSchedule
Name:
CRIMSONBRIDGE FOUNDATION INC
EIN:
47-4376653
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 14,875 0 0 14,875