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
Fore Aces Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

45-4047076
B Telephone number (see instructions)

(800) 839-1754
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$4,455,205J 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) 33,077
2 Check right arrow.............
3 Interest on savings and temporary cash investments 12 12  
4 Dividends and interest from securities... 138,920 138,920  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -383,886
b Gross sales price for all assets on line 6a 3,029,736
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
28 28  
12 Total. Add lines 1 through 11........ -211,849 138,960  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
55,059 55,059    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,704 1,104    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
18,698 52   18,646
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 76,461 56,215   18,646
25 Contributions, gifts, grants paid....... 1,032,000 1,032,000
26 Total expenses and disbursements. Add lines 24 and 25 1,108,461 56,215   1,050,646
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,320,310
b Net investment income (if negative, enter -0-) 82,745
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 147,296 80,016 80,016
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)   Click to see attachment
List of Attached Documents:
// Content
129,654 		129,979
b Investments—corporate stock (attach schedule)....... 5,711,449 Click to see attachment
List of Attached Documents:
// Content
4,285,983 		4,201,149
c Investments—corporate bonds (attach schedule).......   Click to see attachment
List of Attached Documents:
// Content
42,782 		44,061
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)..........      
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) 5,858,745 4,538,435 4,455,205
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 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...........    
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 5,858,745 4,538,435
29 Total net assets or fund balances (see instructions)..... 5,858,745 4,538,435
30 Total liabilities and net assets/fund balances (see instructions). 5,858,745 4,538,435
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
5,858,745
2
Enter amount from Part I, line 27a .....................
2
-1,320,310
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
4,538,435
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
4,538,435
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 Publicly-traded Securities      
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 3,029,736   3,409,318 -379,582
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        
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 -379,582
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 1,150
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 1,150
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 1,150
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 863
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 300
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,163
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 13
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow13 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$   (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
 
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 arrowDE
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 arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
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
 
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
Andrea Crook Pres, Dir, Sec
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
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
Morgan Stanley INVESTMENT MGMT 55,059
270 Park Ave
NEW YORK,NY10017
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  
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
4,593,214
b
Average of monthly cash balances.......................
1b
104,957
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
4,698,171
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
0
3
Subtract line 2 from line 1d.........................
3
4,698,171
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
70,473
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
4,627,698
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
231,385
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
231,385
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
1,150
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,150
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
230,235
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
230,235
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
230,235
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
1,050,646
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,050,646
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 7 230,235
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:2021, 2020, 2019  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 559,606
b From 2019...... 800,786
c From 2020...... 584,796
d From 2021...... 688,385
e From 2022...... 1,450,884
f Total of lines 3a through e ........ 4,084,457
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,050,646
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..... 230,235
e Remaining amount distributed out of corpus 820,411
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 4,904,868
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) ... 		559,606
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		4,345,262
10 Analysis of line 9:
a Excess from 2019.... 800,786
b Excess from 2020.... 584,796
c Excess from 2021.... 688,385
d Excess from 2022.... 1,450,884
e Excess from 2023.... 820,411
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).)
Andrea Crook
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

CHAMPLAIN COLLEGE INC

163 S WILLARD ST
BURLINGTON,VT05401 		N/A PC Champlain Fund 50,000

CHAMPLAIN HOUSING TR

88 KING ST
BURLINGTON,VT05401 		N/A PC Homes, Health and Equity Campaign 50,000

KIDS ON THE BALL INC

19 LINDENWOOD DR
S BURLINGTON,VT05403 		N/A PC General & Unrestricted 2,000

KING STREET CENTER INC

87 KING ST
BURLINGTON,VT05401 		N/A PC General & Unrestricted 5,000

LAKE CHAMPLAIN COMMUNITY SAILING CENTER INC

PO BOX 64818
BURLINGTON,VT05406 		N/A PC Waterfront Redevelopment Project 50,000

LAKE CHAMPLAIN LIFELONG LEARNING FUND INC

60 MAIN ST STE 100
BURLINGTON,VT05401 		N/A PC LaunchVT 2023 Sponsor 5,000

MATT BROWN FOUNDATION INC

111 WESTVIEW DR
NORWOOD,MA02062 		N/A PC General & Unrestricted 25,000

PRESIDENT & TRUSTEES OF COLBY COLLEGE

173 MAIN ST STE 201
WATERVILLE,ME04901 		N/A PC New Athletic Facility 500,000

PRESIDENT & TRUSTEES OF COLBY COLLEGE

173 MAIN ST STE 201
WATERVILLE,ME04901 		N/A PC Friends of Basketball 25,000

PRESIDENT & TRUSTEES OF COLBY COLLEGE

173 MAIN ST STE 201
WATERVILLE,ME04901 		N/A PC Head Coach for Colby Football Endowed Fund 10,000

PRESIDENT & TRUSTEES OF COLBY COLLEGE

173 MAIN ST STE 201
WATERVILLE,ME04901 		N/A PC New Athletic Facility Office 10,000

PRESIDENT & TRUSTEES OF COLBY COLLEGE

173 MAIN ST STE 201
WATERVILLE,ME04901 		N/A PC General & Unrestricted 100,000

RHINO FOODS FOUNDATION INC

179 QUEEN CITY PARK RD
BURLINGTON,VT05401 		N/A PC General & Unrestricted 10,000

RONALD MCDONALD HOUSE CHARITIES OF BURLINGTON VT I

16 S WINOOSKI AVE
BURLINGTON,VT05401 		N/A PC General & Unrestricted 5,000

SAIL BEYOND CANCER USA INC

136 COVINGTON LN
SHELBURNE,VT05482 		N/A PC General & Unrestricted 5,000

SHELBURNE FARMS

1611 HARBOR RD
SHELBURNE,VT05482 		N/A PC General & Unrestricted 5,000

SPECTRUM INC

31 ELMWOOD AVE
BURLINGTON,VT05401 		N/A PC General & Unrestricted 25,000

VERMONT COMMUNITY FOUNDATION

3 COURT ST
MIDDLEBURY,VT05753 		N/A PC General & Unrestricted 150,000
Total .................................right arrow 3a 1,032,000
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 12  
4 Dividends and interest from securities ....     14 138,920  
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 -383,886  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCLASS ACTION LAWSUIT PROCEEDS 		    01 28  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   -244,926  
13Total. Add line 12, columns (b), (d), and (e)..................
13
-244,926
(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
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
Fore Aces Family Foundation
 
Employer identification number

45-4047076
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
Fore Aces Family Foundation
  		Employer identification number
45-4047076
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
Maino Allison
358 Golf Course Road
 
South Burlington, VT05403

$ 15,417


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
Ringey Tyson
18 Iranistan Road
 
Burlington, VT05401

$ 9,760


(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
Fore Aces Family Foundation
  		Employer identification number

45-4047076
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
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
Fore Aces Family Foundation
  		Employer identification number

45-4047076
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:  

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

TY 2023 DepreciationSchedule
Name:
Fore Aces Family Foundation
EIN:
45-4047076
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2023 InvestmentsCorpBondsSchedule
Name:
Fore Aces Family Foundation
EIN:
45-4047076
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBVIE INC - 3.200% - 11/21/20 3,606 3,744
ANHEUSER BUSCH COS INC - 4.900 2,829 2,942
BK OF AMERICA CORP SER N MTN - 3,723 3,861
FISERV INC - 3.200% - 07/01/20 3,759 3,852
GOLDMAN SACHS GROUP INC - 1.09 8,858 9,210
GOLDMAN SACHS GROUP INC SR GLO 4,440 4,611
JP MORGAN CHASE - 2.522% - 04/ 6,759 6,929
UNITED STATES TREAS SER BONDS 3,939 3,852
VERIZON COMMUNICATIONS INC - 2 4,869 5,060

TY 2023 InvestmentsCorpStockSchedule
Name:
Fore Aces Family Foundation
EIN:
45-4047076
Name of Stock End of Year Book Value End of Year Fair Market Value
ABSA GROUP LTD NEW A 6,134 5,438
ACCENTURE PLC 12,311 14,987
AIA GROUP LTD ADR 14,921 11,892
AKAMAI TECH COM STK 1,985 2,726
AKZO NOBEL NV-ADR 6,432 7,018
ALBEMARLE CP 6,499 3,468
ALCON INC 8,927 9,218
ALEXANDRIA REAL ESTATE EQUITIE 3,208 2,708
ALIBABA GROUP HOLDING LTD 18,291 13,564
ALLEGION PLC 3,275 3,885
ALLSTATE CORP 3,335 4,199
ALTRIA GROUP INC 7,368 6,656
AMER INTERNATIONAL GROUP INC 10,920 12,873
AMERICA MOVIL SA 5,369 5,093
AMERICAN ELECTRIC POWER INC 6,026 5,766
APPLIED MATERIALS INC 3,281 4,538
ASHTEAD GROUP PLC 11,754 12,050
ASSA ABLOY UNSP/ADR 8,204 9,462
ASTRAZENECA 4,012 4,168
AT&T, INC 16,241 14,330
ATMOS ENERGY CORP 2,776 2,782
AVERY DENNISON CORP 2,169 2,426
AVNET INC 2,832 3,074
BANCO LATINOAMERICANO DE COMER 6,050 8,981
BANGKOK BANK PCL 4,347 4,340
BANK OF AMERICA CORP 16,670 16,599
BATH & BODY WORKS, INC 2,487 2,986
BATS SERIES C PORTFOLIO 51,109 52,423
BATS SERIES M PORTFOLIO 74,691 74,958
BAXTER INTERNATIONAL INC 12,642 11,405
BCE INC 17,155 14,413
BJ'S WHLSL CLUB INC 2,245 2,000
BLACKROCK ALLOC TGT SER S PORT 6,434 6,527
BOOZ ALLEN HAMILTON HOLDING CO 1,826 2,430
BORG WARNER INC 3,346 2,725
BOSTON PPTYS INC 2,476 2,386
BP PLC SPONSORED ADR 10,360 11,717
BPHLY 8,006 8,098
BRITISH AMERICAN TOBACCO PLC 9,643 7,820
BROADCOM INC 7,567 14,451
BROADRIDGE FINANCIAL 2,352 3,292
BROOKFIELD CORP ORD SHS CL A 12,018 13,039
BROWN & BROWN INC 1,658 1,667
BRUKER CORPORATION 2,337 2,131
CALAMOS MARKET NEUTRAL FD CL I 452,731 449,017
CAMECO CORPORATION 7,869 11,809
CARDINAL HEALTH INC 7,046 10,080
CARLYLE GROUP 2,869 3,644
CBRE GROUP 3,167 3,351
CEMEX SA DE CV A ADS 4,690 6,634
CENCORA INC 2,519 3,666
CF INDUSTRIES HOLDINGS, INC 2,319 2,147
CG CAP MKTS SMALL CAP GROWTH I 106,893 89,601
CHAMPIONX CORP 2,369 2,163
CHARLES RIV LABORATORIES INTL 6,211 5,714
CHARLES SCHWAB CORP 2,973 2,477
CHEVRON CORP 12,053 14,767
CHUBB LIMITED 12,310 15,941
CHURCH & DWIGHT 1,734 1,986
CIGNA CORPORATION 6,176 7,192
CISCO SYSTEMS INC 27,354 26,119
CITIGROUP INC 34,721 31,224
CITIZENS FINANCIAL GROUP, INC 4,528 3,579
COCA COLA EUROPEAN PARTNERS PL 8,484 10,211
COGNIZANT TECHNOLOGY SOLUTIONS 19,635 22,432
COMCAST CORP 20,281 23,021
CONOCOPHILLIPS 12,910 15,089
CONSTELLATION BRANDS INC 3,332 3,307
COOPER COMPANIES INC 2,041 2,271
COPA HOLDINGS S.A 10,160 11,694
COPART INC 1,614 2,275
CRANE CO 2,450 3,239
CREDICORP LTD 16,048 17,542
CROWN CASTLE INTL 7,942 9,851
CSX CORP 4,162 4,576
CUMMINS INC 4,232 4,073
D R HORTON 4,194 6,462
DAH SING FINANCIAL HOLDINGS LT 3,950 2,895
DAIKIN INDS LTD ADR 7,610 8,150
DARDEN RESTAURANTS INC 6,824 7,558
DBS GROUP HLDGS SPON ADR 15,699 14,986
DECKERS OUTDOOR CORPORATION 1,609 2,547
DIAGEO PLC ADS 8,790 7,137
DIODES 2,941 2,496
DOLLAR GENERAL CORP 14,429 10,243
DOW INC 14,663 14,642
DUKE ENERGY CO 14,981 14,944
EASTMAN CHEMICAL CO 2,164 2,225
EATON VANCE INCOME FD OF BOSTO 190,420 175,176
ELEVANCE HEALTH INC 8,939 9,246
EMBRAER EMPRESA BR 10,946 15,978
EMCOR GROUP INC 2,361 3,447
ENGIE BRASIL ENERGIA S A 5,351 5,514
ENTEGRIS INC 1,898 2,636
ERSTE BK DER OEST SP 17,125 17,599
ESSEX PRTY TR INC 2,460 2,560
EXELON CORPORATION 4,067 3,590
EXPERIAN GROUP LTD S/ADR 6,988 7,863
EXXON MOBIL CORP 8,238 13,297
FABRINET INC 2,050 2,043
FACTSET RESH SYST INC 6,831 7,633
FANUC LIMITED UNSPONSORED 7,255 6,086
FIDELITY NATIONAL FINANCIAL IN 7,284 8,061
FIDELITY NATIONAL INFORMATION 15,203 9,972
FIRST CITIZENS BANCSHARES INC 7,843 14,051
FIRST PAC CO LTD SPON ADR 3,820 4,269
FLEXTRONICS INTERNATIONAL 6,223 9,016
FOMENTO ECONOMICO MEXICANO 6,099 9,646
FORTREA HOLDINGS INC 2,362 2,296
FOX CORP CL A 5,206 4,213
GALAXY ENTMT GROUP UNSPONSORED 13,263 10,743
GALLAGHER ARTHUR J & CO 2,910 4,048
GATX CORP INC 2,796 3,006
GEN DYNAMICS CP 11,753 15,178
GENERAL MOTORS 14,024 11,854
GENTING BERHAD SPONS 7,327 5,723
GENUINE PARTS COMPANY 10,944 11,773
GLOBAL PAYMENTS INC 2,841 3,175
GOLDMAN SACHS GROUP 5,158 6,359
GSK PLC 7,875 7,968
GUDANG GARAM TBK PT ADR 3,191 2,411
HALEON PLC 8,759 8,938
HDFC BANK LTD ADR 8,145 8,255
HEALTHPEAK PROPERTIES INC 16,404 10,494
HEINEKEN N V S ADR 8,324 8,565
HELLENIC TELECOMMUNICATIONS OR 5,398 4,754
HESS CORP 2,919 2,970
HOLOGIC, INC 2,337 2,001
HSBC HOLDINGS PLC 5,761 6,243
HUMANA INC 7,433 7,117
HUNTINGTON INGALLS INDUSTRIES 2,852 3,375
INDOFOOD SUKSES MAK ADR 8,187 7,643
ING GROUP N V SPONSORED ADR 11,550 12,286
INT'L FLAVORS & FRAGRANCES INC 3,224 3,326
INTEL CORP 5,922 5,729
INTERCONTINENTAL EXCHANGE, INC 7,844 9,480
JOHNSON & JOHNSON 18,805 17,868
JOHNSON CONTROLS INTERNATIONAL 11,579 13,200
JP MORGAN CHASE 23,808 28,237
KASIKORNBANK PUB CO LTD ADR CM 5,892 5,486
KDDI CP UNSP ADR 7,933 8,253
KENVUE INC 13,390 13,370
KEYCORP 2,342 1,714
KEYSIGHT TECHNOLOGIES INC 2,767 2,386
KIMBERLY CLARK 7,721 9,108
KONINKLIJKE PHILIPS ELECTRONIC 8,137 7,582
KRAFT HEINZ CO 14,296 13,387
KUBOTA CORPORATION 7,147 7,114
L3HARRIS TECHNOLOGIES 13,681 13,696
LABORATORY CORP AMER HLDGS 12,212 13,623
LEAR CORP 2,602 2,668
LEIDOS HOLDINGS INC 11,503 13,422
LKQ CORPORATION 2,822 2,390
LOWES COMPANIES INC 8,333 9,792
LVMH MOET HENN UNSP 11,368 10,559
MAGNA INTERNATIONAL INC 8,701 7,799
MAGYAR TAVKOZLES ADS 3,585 7,027
MASCO CORP 2,432 3,014
MEDTRONIC PLC 33,896 28,421
MEGAWORLD CORP ADR 3,931 3,010
MERCK & CO INC 9,980 13,628
METTLER-TOLEDO INTL 3,077 2,426
MICHELIN CIE GEN UNSP/ADR 8,360 9,303
MICRON TECHNOLOGY 7,375 9,985
MICROSOFT CORP 12,333 17,322
MILLICOM INTERNATIONAL CELLULA 4,869 4,590
MONOLITHIC POWER SYSTEMS, INC 2,572 3,154
MORGAN STANLEY 16,832 17,438
MUENCHENER RUECKVERS 10,498 12,576
MURPHY OIL CP HLDG 2,316 2,389
NATIONWIDE GENEVA SMALL CAP GR 98,966 89,991
NETEASE.COM INC COM STK 5,026 5,217
NEWELL RUBBERMAID INC 5,805 2,456
NEXTERA ENERGY, INC 16,346 13,484
NIDEC CORPORATION ADR 5,453 4,014
NORTHERN TRUST CORPORATION 1,867 1,603
NOV INC 3,991 3,508
NOVARTIS AG ADR 18,184 22,213
NOVO NORDISK A S 4,712 6,734
NVENT ELECTRIC PLC 2,478 2,561
ON SEMICONDUCTOR 7,196 6,924
ONEOK INC 2,815 2,879
OTSUKA HOLDINGS CO 6,621 7,829
PAN PAC INTL HLDGS UNSPONSORED 9,159 11,514
PAYCOM SOFTWARE 2,299 1,447
PERFICIENT INC 2,791 2,370
PETROLEO BRASILEIRO SA- PETRO 6,636 10,131
PFIZER INC 15,978 10,537
PG & E CORP 4,030 4,291
PHILIP MORRIS INTL 15,810 16,182
PIMCO COMMODITY REAL RETURN ST 225,383 165,851
PIMCO REAL RETURN FUND CL P 264,170 217,352
PING AN INSURANCE GROUP ADR 11,822 7,081
PINNACLE FINANCIAL PARTNERS IN 2,275 2,442
POOL CORP 2,652 2,791
POPULAR, INC. 2,553 2,991
PPG INDUSTRIES INC 2,663 3,011
PRINCIPAL FDS, INC. GLOBAL REA 150,171 131,199
PROGRESSIVE CORP OHIO 5,249 6,053
PRUDENTIAL PLC SC 4,276 3,794
PT BANK RAKYAT ADR 7,445 8,610
PUBLIC SVC ENTERPRISE GROUP IN 4,097 3,879
QUALYS INC COM 2,369 3,729
RALPH LAUREN CORP 2,491 3,093
RAYMOND JAMES FINANCIAL INC 10,242 10,816
RAYTHEON TECHNOLOGIES CORP 20,916 20,951
REINSURANCE GROUP AMER INC 4,178 4,530
RENAISSANCERE HOLDINGS LTD 3,131 2,744
RENTOKIL INITIAL PLC SPON ADR 7,639 7,181
RESMED INC 2,378 1,964
ROGERS COMM CL B 3,459 3,417
ROSS STORES, INC 3,337 4,705
ROYAL CARRIBEAN CRUISE 3,202 5,568
SABRE CORPORATION 2,788 1,685
SAFRAN SA - UNSPON ADR 8,615 10,768
SAIA, INC 2,230 3,506
SANOFI-AVENTIS SPONSORED ADR 11,715 11,736
SCHNEIDER NATIONAL INC 2,808 2,418
SCOTTS CO. CLASS A 2,764 2,642
SEALED AIR CORP 13,386 9,568
SEMPRA ENERGY COM 4,737 4,993
SENDAS DISTRIBUIDORA 10,645 8,693
SHANGHAI PHARMACEUTICALS HOLDI 5,894 4,901
SHELL ADR EACH REPRESENTING 2 14,118 15,068
SHINHAN FINL GROUP CO LTD 8,013 7,910
SIEMENS AG 10,171 12,909
SNAP ON INC 3,268 3,755
SONOCO PRODUCTS COMPANY 2,342 2,179
SONY GROUP CORP 18,466 19,317
SPS COMMERCE, INC 2,369 3,109
SS&C TECHNOLOGIES INC 13,171 12,039
STERIS PLC 2,358 2,638
STIFEL FINANCIAL CP 3,699 3,803
SUN COMMUNITIES INC 2,241 1,871
SUNCOR ENERGY INC 4,128 3,845
SUZANO SA 3,783 4,283
SYMRISE AG UNSPONSORED 7,660 8,115
SYNOPSYS, INC 5,307 7,388
SYSCO CORP 3,294 3,145
TAIWAN SEMICONDUCTOR MFG CO LT 23,675 25,480
TAKE-TWO INTERACTIVE SOFTWARE 1,713 2,367
TARGET CORPORATION 13,846 12,106
TELEDYNE TECH INC 2,633 2,678
TELEFONICA BRASIL, S.A 5,304 7,921
TEMPLETON GLOBAL BD 210,843 177,771
TIGER BRANDS LTD S/ADR 5,974 5,383
TIM SA 5,439 9,641
TJX COMPANIES INC 3,674 4,237
TOTALENERGIES SE 8,890 9,635
TRAVELERS COMPANIES INC 7,906 9,377
TRAVELSKY TECHNOLOGY LTD 12,979 10,723
TRUIST FINANCIAL CORPORATION 16,812 13,550
ULTA SALON, COSMETICS & FRAGRA 3,149 2,940
UNILEVER PLC AMER 30,973 29,088
UNION PACIFIC 5,650 6,141
UNITED PARCEL SERVICE 11,836 9,905
VALVOLINE INC 1,629 1,622
VANGUARD GROWTH ETF 478,572 529,739
VERIZON COMMUNICATIONS 9,694 8,483
VICI PROPERTIES INC 12,277 12,656
VISA INC 7,280 8,368
VORNADO RLTY TR 3,275 3,955
WAL-MART DE MEX V SP/ADR 1,563 1,994
WATTS WATER TECHNOLOGIES INC 2,399 2,755
WEBSTER FINL CORP 3,311 3,046
WEC ENERGY GROUP, INC 2,755 2,525
WELLS FARGO & CO 19,376 20,476
WEST PHARMA SVCS INC 1,870 2,465
WILLIAMS COS 9,256 10,623
WILLIS TOWERS WATSON 6,130 6,271
WILLSCOT MOBILE MINI CL A 2,329 1,958
WILMAR INTERNATIONAL LTD 7,522 6,933
WYNN MACAU 3,050 2,208
YUE YUEN INDUSTRIAL 8,051 5,504
ZIMMER BIOMET HOLDINGS 6,360 6,431
ZTO EXPRESS CAYMAN INC 9,186 7,044

TY 2023 InvestmentsGovtObligationsSch
Name:
Fore Aces Family Foundation
EIN:
45-4047076
US Government Securities - End of Year Book Value:

129,654
US Government Securities - End of Year Fair Market Value:

129,979
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 OtherExpensesSchedule
Name:
Fore Aces Family Foundation
EIN:
45-4047076
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 18,621     18,621
Bank Charges 52 52    
State or Local Filing Fees 25     25


TY 2023 OtherIncomeSchedule2
Name:
Fore Aces Family Foundation
EIN:
45-4047076
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Class Action Lawsuit Proceeds 28 28  


TY 2023 OtherProfessionalFeesSchedule
Name:
Fore Aces Family Foundation
EIN:
45-4047076
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 55,059 55,059    


TY 2023 TaxesSchedule
Name:
Fore Aces Family Foundation
EIN:
45-4047076
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2023 800      
990-PF Extension for 2022 800      
Foreign Tax Paid 1,104 1,104