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
THE ELBURN SCHOLARSHIP FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)611 PLAMONDON COURT
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WHEATON, IL601896305
A Employer identification number

36-3366640
B Telephone number (see instructions)

(630) 665-2776
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$0J 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 7,186 7,186  
4 Dividends and interest from securities... 15,035 15,035  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -13,289
b Gross sales price for all assets on line 6a 245,785
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,384   4,384
12 Total. Add lines 1 through 11........ 13,316 22,221 4,384
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
3,870     3,870
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,266     2,266
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
5,485 5,485    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
97 72   25
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,718 5,557   6,161
25 Contributions, gifts, grants paid....... 990,836 990,836
26 Total expenses and disbursements. Add lines 24 and 25 1,002,554 5,557   996,997
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -989,238
b Net investment income (if negative, enter -0-) 16,664
c Adjusted net income (if negative, enter -0-)... 4,384
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............. 1,233    
2 Savings and temporary cash investments......... 17,450    
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).......... 935,044    
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) 953,727 0 0
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
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........... 953,727  
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)..... 953,727 0
30 Total liabilities and net assets/fund balances (see instructions). 953,727 0
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
953,727
2
Enter amount from Part I, line 27a .....................
2
-989,238
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
35,511
4
Add lines 1, 2, and 3 ..........................
4
 
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
 
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 175 INVESCO S&P SMALL CAP 600 REV EF P 2022-11-18 2023-05-24
b 3000 US TREASURY 3.125%11/28 P   2023-02-15
c 3000 TRUIST FINL CORP VAR 27 P 2021-02-25 2023-04-11
d 3000 US TREASURY 2.875% 5/15/32 P 2022-05-19 2023-08-21
e 3000 NORTHROP GRUMAN 3.25% 1./15/28 P 2023-02-15 2023-11-07
4183.903 PGIM SHORT DURATION MULTI S P   2023-05-24
3000 US TREASURY 1.25%12/31/26 P 2022-04-26 2023-02-23
3000 MERCK & CO INC 2.15%31 P 2021-12-10 2023-04-14
2000 US TREASURY 3.125%11/28 P 2022-05-19 2023-08-29
5000 US TREASURY 5.455%07/25 07/31/2 P   2023-11-09
121 VANGUARD REAL ESTATE P   2023-05-24
1000 US TREASURY 1.75% 11/15/29 P 2021-07-21 2023-02-06
3000 US BANCORP 3.95%25 P 2018-12-18 2023-04-17
4000 US TREASURY 3.5%02/33 02/15/33 P   2003-09-16
3000 FHLMC 3.3% 23 P 2019-01-01 2023-04-25
990.099 PIMCO INCOME INSTL P   2023-11-01
27000 FHLMC G14814 4.5%25 P 2019-08-28 2023-02-08
2000 VERIZON MASTER TR .5%27 5/20/27 P 2021-05-18 2023-04-18
3000 US TREASURY 3.125%11/28 P 2022-05-25 2023-09-20
6000 US TREASURY BILL 23 P 2023-03-20 2023-05-09
1000 US TREASURY 3.125%11/28 P 2022-04-29 2023-01-27
203000 FNMA PL AD0686 4.5%25 P 2020-12-29 2023-02-08
2000 WORLD OMNI AUTO .81%26 10/15/26 P 2021-10-26 2023-04-18
3000 US TREASURY 3.125%11/28 P 2022-06-02 2023-10-03
3000 US TREASURY 3.06 23 P 2019-01-01 2023-07-25
3000 CME GROUP INC 3.75% 28 P 2018-06-14 2023-01-11
6000 FNMA PL AL4898 4.5% 27 P 2014-02-11 2023-02-08
3000 WELLS FARGO & CO VAR 30 10/30/3 P 2023-02-06 2023-05-10
3000 US TREASURY 3.125%11/28 P 2022-09-13 2023-10-12
5000 US TREASURY 1.75% 11/15/29 P   2023-01-18
3000 FNMA PL FM6371 4.5% 27 P 2021-03-01 2023-02-08
2000 FHLMC 3.286%27 10/25/27 P 2020-03-06 2023-05-03
3000 PRIVATE EXPORT F 2.45%24 P 2020-04-01 2023-10-23
3000 FHLMC 3.85% 28 5/25/28 P 2020-02-03 2023-01-20
3000 NEXTERA ENERGY 2.45%32 02/03/32 P 2022-01-18 2023-02-23
3000 STARBUCKS CORP 2%27 P 2020-03-10 2023-05-25
5000 PRIVATE EXPORT F 3.55%24 P 2018-06-05 2023-10-23
3000 FHLMC 3.926%28 06/25/28 P 2020-01-16 2023-01-24
3000 US TREASURY 1.25%12/31/26 P 2022-04-26 2023-03-21
3000 BANK OF AMERICA C VAR 28 4/27/2 P 2023-02-02 2023-06-07
3000 AMGEN INC 1.9%25 P 2020-02-18 2023-10-25
3000 US TREASURY 3.125%11/28 P   2023-01-24
3000 US TREASURY 2.125%09/30/24 P 2022-02-15 2023-03-16
3000 FIFTH THIRD BANCO VAR 28 10/27/ P 2022-11-21 2023-06-29
6000 PRIVATE EXPORT F 3.25%25 P 2019-01-02 2023-10-27
2000 US TREASURY 3.125%11/28 P 2019-05-20 2023-01-27
3000 FHLMC 1.406% 30 8/25/30 P 2020-10-01 2023-03-26
3000 CONAGRA BRANDS 1.375%27 P 2021-02-26 2023-07-19
6000 PRIVATE EXPORT FU 1.4%28 7/15/2 P   2023-10-27
3000 US TREASURY 2% 11/15/26 P 2022-05-05 2023-02-02
3000 US TREASURY 2.125%09/30/24 P 2022-02-16 2023-03-24
3000 PROGRESS ENERGY 3.7%28 09/01/28 P 2018-08-09 2023-07-21
3000 US TREASURY 5.582%01/25 01/31/2 P   2023-11-02
3000 US TREASURY 2.375%03/31/29 P 2022-10-12 2023-02-06
3000 FHLMC 3.78% 28 10/25/28 P 2020-01-16 2023-03-28
5000 US TREASURY 1.375%11/31 11/15/3 P   2023-08-02
3000 US TREASURY 5.582%01/25 01/31/2 P 2023-04-18 2023-11-02
3000 US TREASURY 1.25%12/31/26 P 2022-02-15 2023-02-13
3000FHLMC 3.85% 28 05/25/28 P 2020-01-24 2023-03-30
3000 US TREASURY 1.375%11/31 11/15/3 P   2023-08-14
3000 US TREASURY 5.582%01/25 01/31/2 P   2023-11-03
3000 US TREASURY 3.125%11/28 P   2023-02-14
3000 US TREASURY 2.125%09/30/24 P 2022-02-17 2023-03-31
4000 US TREASURY 1.375%11/31 11/15/3 P   2023-08-14
2000 US TREASURY 5.582%01/25 01/31/2 P 2023-07-21 2023-11-06
(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 18,828   20,083 -1,255
b 2,862   3,036 -174
c 2,648   3,000 -352
d 2,677   3,019 -342
e 2,767   2,788 -21
35,940   35,982 -42
2,680   2,811 -131
2,547   3,000 -453
1,891   2,022 -131
5,000   5,000  
9,522   7,764 1,758
887   1,039 -152
2,917   3,021 -104
3,756   3,989 -233
3,000   3,000  
10,000   11,839 -1,839
577   602 -25
1,898   2,000 -102
2,811   3,047 -236
6,000   6,000  
974   1,008 -34
1,212   1,196 16
1,906   2,000 -94
2,769   3,021 -252
3,000   3,000  
2,947   3,000 -53
174   188 -14
2,623   2,639 -16
2,785   2,923 -138
4,509   5,227 -718
1,040   1,109 -69
1,944   2,246 -302
2,934   3,033 -99
2,985   3,414 -429
2,473   2,976 -503
2,711   2,988 -277
4,976   5,006 -30
2,992   3,366 -374
2,721   2,811 -90
2,885   2,960 -75
2,859   2,994 -135
2,929   3,172 -243
2,901   3,018 -117
2,983   3,067 -84
5,806   6,030 -224
1,947   2,077 -130
2,487   3,090 -603
2,564   2,932 -368
5,112   5,728 -616
2,831   2,866 -35
2,921   3,019 -98
2,836   3,001 -165
3,005   3,003 2
2,771   2,713 58
2,932   3,339 -407
4,053   4,960 -907
3,005   3,002 3
2,700   2,911 -211
2,946   3,378 -432
2,418   2,937 -519
3,005   3,005  
2,864   3,028 -164
2,905   3,021 -116
3,218   3,626 -408
2,003   2,004 -1
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       -1,255
b       -174
c       -352
d       -342
e       -21
      -42
      -131
      -453
      -131
       
      1,758
      -152
      -104
      -233
       
      -1,839
      -25
      -102
      -236
       
      -34
      16
      -94
      -252
       
      -53
      -14
      -16
      -138
      -718
      -69
      -302
      -99
      -429
      -503
      -277
      -30
      -374
      -90
      -75
      -135
      -243
      -117
      -84
      -224
      -130
      -603
      -368
      -616
      -35
      -98
      -165
      2
      58
      -407
      -907
      3
      -211
      -432
      -519
       
      -164
      -116
      -408
      -1
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 -13,289
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 -1,892
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) 1 232
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  
3 Add lines 1 and 2........................... 3 232
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 232
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 260
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 260
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 28
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow0 Refundedright arrow 11 28
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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
Yes
 
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 arrowIL
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 arrowN/A
14
The books are in care ofright arrowGEORDAN L CAPES Telephone no.right arrow (630) 665-2776

Located atright arrow737 WEST ALDINE AVE UNIT 1CHICAGOIL ZIP+4right arrow60657
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)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
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
 
 
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)
Yes
 
(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
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
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
DONALD G WESTLAKE PRESIDENT
1.00 		0 0 0
611 PLAMONDON CT
WHEATON,IL601896305
GEORDAN L CAPES TREASURER
1.00 		0 0 0
737 W ALDINE AVE APT 1
CHICAGO,IL60657
DAWN WESTLAKE SECRETARY
1.00 		0 0 0
611 S GENESEE AVE
LOS ANGELES,CA90036
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
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 arrow  
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  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
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
0
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
0
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
0
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
0
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
0
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
0
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
232
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
232
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
0
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
996,997
b
Program-related investments—total from Part VIII-B..................
1b
 
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
996,997
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 0
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...... 11,850
d From 2021...... 1,447
e From 2022......  
f Total of lines 3a through e ........ 13,297
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 996,997
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 996,997
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 1,010,294
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 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
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 ...... 		1,010,294
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020.... 11,850
c Excess from 2021.... 1,447
d Excess from 2022....  
e Excess from 2023.... 996,997
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).)
NONE
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.
NONE
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:
THE ELBURB SCHOLARSHIP FUND
611 PLAMONDON CT
WHEATON,IL601896305
ESFAPP@GMAIL.COM
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS ARE AVAILABLE AT THE EMAIL ADDRESS, AND COMPLETED FORMS SHOULD BE SENT TO THAT ADDRESS.
cAny submission deadlines:
MARCH 1
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
EDUCATION AWARDS: ALL SCHOLARSHIP RECIPIENTS MUST BE GRADUATES OF KANELAND HIGH SCHOOL WHO ENROLL IN PUBLIC UNIVERSITIES/COMMUNITY COLLEGES IN ILLINOIS.
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
PORTER J CONROY


509 STETZER ST
ELBURN,IL60119 		NONE I EDUCATION 3,000
MORGAN MILLER


701 BANBURY AVE
ELBURN,IL60119 		NONE I EDUCATION 3,000
ALEXIS R NESCI


1344 BLACKBERRY CREEK DRI
ELBURN,IL60119 		NONE I EDUCATION 3,000
KARA MURPHY


1147 WISE ST
ELBURN,IL60119 		NONE I EDUCATION 3,000
ANNIKA T SALCHERT


322 S 3RD ST
ELBURN,IL60119 		NONE I EDUCATION 3,000
ANDREW T STOVER


316 PEARL ST
MAPLE PARK,IL60151 		NONE I EDUCATION 3,000
KATELYN SCHULTZ


236 BERKSHIRE LN
SUGAR GROVE,IL60554 		NONE I EDUCATION 4,000
HANNAH E DZIELAWA


1110 WALKER CT
ELBURN,IL60119 		NONE I EDUCATION 5,000
CLAIRE E LEHMAN


1545 FAIRFIELD DR
ELBURN,IL60119 		NONE I EDUCATION 5,000
SEAN JEE-SHING


902 EDGEWOOD DR
SUGAR GROVE,IL60554 		NONE I EDUCATION 3,000
DANIEL R PAWLAK


1227 CORRIGAN ST
ELBURN,IL60119 		NONE I EDUCATION 5,000
ROCCO ROSARI


1250 SOUDERS AVE
ELBURN,IL60119 		NONE I EDUCATION 3,000
LUCAS B JOHNSON


876 SNOW ST
SUGAR GROVE,IL60554 		NONE I EDUCATION 3,000
EMILEE SCHULTZ


236 BERKSHIRE LANE
SUGAR GROVE,IL60554 		NONE I EDUCATION 3,000

COMM FOUND OF THE FOX RIVER VALLEY

111 W DOWNER PL STE 312
AURORA,IL60506 		NONE   CLOSE OUT THIS ACCOUNT TO NEW CHARIT 8,960

COMM FOUND OF THE FOX RIVER VALLEY

111 W DOWNER PL STE 312
AURORA,IL60506 		NONE   CLOSE OUT THIS ACCOUNT TO NEW CHARIT 264,249

COMM FOUND OF THE FOX RIVER VALLEY

111 W DOWNER PL STE 312
AURORA,IL60506 		NONE   CLOSE OUT THIS ACCOUNT TO NEW CHARIT 543,977

COMM FOUND OF THE FOX RIVER VALLEY

111 W DOWNER PL STE 312
AURORA,IL60506 		NONE   CLOSE OUT THIS ACCOUNT TO NEW CHARIT 124,650
Total .................................right arrow 3a 990,836
bApproved for future payment
Total ................................. right arrow 3b  
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 7,186  
4 Dividends and interest from securities ....     14 15,035  
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 -13,289  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aSCHOLARSHIPS RETURNED 		        4,384
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   8,932 4,384
13Total. Add line 12, columns (b), (d), and (e)..................
13
13,316
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE ELBURN SCHOLARSHIP FUND
EIN:
36-3366640
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 2,266     2,266

TY 2023 InvestmentsOtherSchedule2
Name:
THE ELBURN SCHOLARSHIP FUND
EIN:
36-3366640
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ALPS SECTOR DIVIDEND FMV    
AMERICAN EXPRESS VAR26 FMV    
AMGEN INC 1.9%25 FMV    
AMPHENOL CORP 2.8%30 FMV    
AT & T INC 2.3%27 FMV    
BAIRD CORE PLUS BOND INS FMV    
BANK OF AMERICA C VAR 26 FMV    
BANK OF MONTR0.6694%26F FMV    
BAT CAPITAL C 2.259%28 FMV    
BECTON DICKINSON 3.7%27 FMV    
BLACKROCK INC 3.2%27 FMV    
BRUNSWICK CORP 0.85%24 FMV    
CAPITAL ONE FINL VAR27 FMV    
CATERPILLAR FINL VAR 24 FMV    
CENTERPOINT ENERG VAR24 FMV    
CHEVRON CORP FMV    
CME GROUP INC 3.75%28 FMV    
COMCAST CORP 3.3%27 FMV    
CONAGRA BRANDS 1.375%27 FMV    
CVS HEALTH CORP 3%26 FMV    
DR PEPPER SNAPPL 0.75%24 FMV    
DUKE ENERGY PROGR 3.7%28 FMV    
EBAY INC 1.9%25 FMV    
FEDERAL HOME LN .081%29 FMV    
FEDERAL HOME LO 2.598%25 FMV    
FHLMC .805%29 10/25/29 FMV    
FHLMC 1.383%30 FMV    
FHLMC 1.406%30 FMV    
FHLMC 2.206%25 FMV    
FHLMC 3.06%23 FMV    
FHLMC 3.286%27 FMV    
FHLMC 3.3%23 FMV    
FHLMC 3.78%28 FMV    
FHLMC 3.85%28 FMV    
FHLMC 3.854%28 FMV    
FHLMC 3.926%28 FMV    
FHLMC 4.094%24 FMV    
FHLMC G14809 3%28 FMV    
FHLMC G14814 4.5%25 FMV    
FHLMC G18575 3%30 FMV    
FHLMC G18597 3.5%31 FMV    
FHLMC G31066 4%35 FMV    
FHLMC SB8178 4%37 FMV    
FHLMC SB8189 4%37 FMV    
FIDELITY NTNL IN 1.15%26 FMV    
FIDELITY SELECT SOFTWARE FMV    
FIFTH THIRD BANCO VAR 28 10/27/28 FMV    
FIRST ENERGY CORP FMV    
FISERV INC 3.2%26 FMV    
FNMA PL AD0686 4.5%25 FMV    
FNMA PL AL4898 4.5%27 FMV    
FNMA PL AL5957 4%27 FMV    
FNMA PL AL6841 4%29 FMV    
FNMA PL AS4198 3.5%29 FMV    
FNMA PL BM5440 4.5%38 FMV    
FNMA PL CA3163 4.5%34 FMV    
FNMA PL FM3081 3%33 FMV    
FNMA PL FM3628 3.5%35 FMV    
FNMA PL FM6371 4.5%27 FMV    
FNMA PL MA1029 3.5%32 FMV    
FNMA PL MA2868 2.5%32 FMV    
FNMA PL MA3159 3%27 FMV    
FNMA PL MA3221 3%27 FMV    
FNMA PL MA3345 3.5%28 FMV    
FNMA PL MA3366 3.5%28 FMV    
FNMA PL MA3372 4%33 FMV    
GENRAL MILLS IN 3.7%23 FMV    
GLOBAL PAYMENTS I 1.2%26 FMV    
GM FINL CONSUMER 0.51%26 FMV    
HEALTH PEAK PROPE 3.25%26 FMV    
HONEYWELL INTL INC FMV    
HP INC 2.2%25 FMV    
HUNDAI AUTO REC 0.38%25 FMV    
INVESCO S&P SMALLCAP 600 FMV    
INVSC QQQ TRUST SRS1 FMV    
ISHARES CORE MSCI EAFE FMV    
ISHARES CORE S&P 500 FMV    
ISHARES CORE S&P MID CAP FMV    
ISHARES CORE S&P SMALL CAP FMV    
ISHARES MSCI EAFE SMALL CAP FMV    
ISHARES SELECT DIVIDEND FMV    
ISHS MSCI INTL SML CP FMV    
JOHNSON & JOHNSON FMV    
JP MORGAN CHASE & CO FMV    
JPMORGAN CHASE & VAR 28 FMV    
LOOMIS SAYLES BOND INSTL FMV    
MAGELLAN MISTRE 3.25%30 FMV    
MATTHEWS ASIA DIVIDEND I FMV    
MCKEESSON CORP 0.9%25 FMV    
MFS INTERNATIONAL INTRIN FMV    
MERCK & CO INC 2.15%31 FMV    
MFS EMERGING MARKETS DEB FMV    
MICRON TECHNOLO 4.975%26 FMV    
MICROSOFT CORP FMV    
MIDAMERICAN ENER 3.65%29 FMV    
MOODYS CORP 4.25%29 02/01/29 FMV    
MOODYS CORP 4.875%24 FMV    
MORGAN STANLEY VAR 25 FMV    
NASDAQ INC 3.85%26 FMV    
NEXTERA ENERGY 2.45%32 2/3/32 FMV    
NORTHWEST PIPELINE 4%27 FMV    
PFIZER INC FMV    
PGM SHORT DURATION MULTI-SECTOR BOND FMV    
PIMCO INCOME ISNSTL FMV    
PRIVATE EXPORT F 2.45%24 FMV    
PRIVATE EXPORT F 3.25%25 FMV    
PRIVATE EXPORT F 3.55%24 FMV    
PRIVATE EXPORT FU 1.4%28 FMV    
QUEST DIAGNOSTIC 2.95%30 FMV    
SHELL INTERNT0.556%23F FMV    
STARBUCKS CORP 1%27 FMV    
TELUS CORP 2.8%27F FMV    
THE CHARLES SCHWA 3.3%27 FMV    
THE GOLDMAN SACHS VAR23 FMV    
THERMO FISHER SC 1.75%28 FMV    
TORONTO DOMIN0.4047% 24F FMV    
TOYOTA MOTOR CRED VAR 24 FMV    
TRUIST FINL CORP VAR 27 FMV    
US BANCORP 3.95%25 FMV    
US TREASURY 1.25% 12/31/26 FMV    
US TREASURY 1.375% 11/15/31 FMV    
US TREASURY 1.75% 11/15/29 FMV    
US TREASURY 1.75% 3/15/25 FMV    
US TREASURY 2.125% 9/30/24 FMV    
US TREASURY 3% 06/30/24 FMV    
US TREASURY 2% 11/15/26 FMV    
US TREASURY 2.375% 3/31/29 FMV    
US TREASURY 2.875% 05/15/32 FMV    
US TREASURY 3.125%11/28 FMV    
VALERO ENERGY CO 2.15%27 FMV    
VANECK MORNINGSTAR WIDE FMV    
VANGUARD GLBAL EX US FMV    
VANGUARD HEALTH CARE FMV    
VANGUARD HIGH DIVIDEND FMV    
VANGUARD INTL DIVIDEND FMV    
VANGUARD REAL ESTATE FMV    
VANGUARD SHORT-TERM INVE FMV    
VANGUARD SMALL CAP FMV    
VERIZON MASTER TR 0.5%27 FMV    
VIRTUS SEIX HIGH INCOME FMV    
VISA INC 3.15%25 FMV    
VMWARE INC 3.9%27 FMV    
WILLIS NORTH AME 2.95%29 FMV    
WISDOMTREE US SMALL CAP FMV    
WORLD OMNI AUTO 0.42%26 FMV    
WORLD OMNI AUTO 0.81%26 FMV    
VANGUARD SMALL CAP VALUE FMV    

TY 2023 LegalFeesSchedule
Name:
THE ELBURN SCHOLARSHIP FUND
EIN:
36-3366640
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 3,870     3,870


TY 2023 OtherIncomeSchedule2
Name:
THE ELBURN SCHOLARSHIP FUND
EIN:
36-3366640
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
SCHOLARSHIPS RETURNED 4,384   4,384


TY 2023 OtherIncreasesSchedule
Name:
THE ELBURN SCHOLARSHIP FUND
EIN:
36-3366640
Description Amount
INCREASE IN FMV BEFORE DIST 35,511


TY 2023 OtherProfessionalFeesSchedule
Name:
THE ELBURN SCHOLARSHIP FUND
EIN:
36-3366640
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CHARLES SCHWAB FEES 5,485 5,485    


TY 2023 TaxesSchedule
Name:
THE ELBURN SCHOLARSHIP FUND
EIN:
36-3366640
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AG 990 FEE 15     15
990 ESTIMATES PAID 72 72    
990 PF TAXES        
FILING FEES 10     10
FOREIGN TAXES