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
ANN PEPPERS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)177 E COLORADO BLVD 800
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PASADENA, CA91105
A Employer identification number

95-2114455
B Telephone number (see instructions)

(626) 441-5188
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$42,771,908J 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 335,141 335,141  
4 Dividends and interest from securities... 453,357 453,357  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,004,169
b Gross sales price for all assets on line 6a 13,000,314
7 Capital gain net income (from Part IV, line 2)... 1,969,834
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
0 -13,906  
12 Total. Add lines 1 through 11........ 2,792,667 2,744,426 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 72,000 18,000 0 54,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
17,150 4,287 0 12,863
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
543,333 54,333 0 489,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
38,102 2,168 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
12,702 0 0 12,702
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 683,287 78,788 0 568,565
25 Contributions, gifts, grants paid....... 1,826,473 1,851,000
26 Total expenses and disbursements. Add lines 24 and 25 2,509,760 78,788 0 2,419,565
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 282,907
b Net investment income (if negative, enter -0-) 2,665,638
c Adjusted net income (if negative, enter -0-)... 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......... 1,322,758 1,147,704 1,147,704
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.......... 9,704 10,990 10,990
10a Investments—U.S. and state government obligations (attach schedule) 2,946,591 Click to see attachment
List of Attached Documents:
// Content
3,030,594 		3,030,594
b Investments—corporate stock (attach schedule)....... 25,974,781 Click to see attachment
List of Attached Documents:
// Content
31,232,450 		31,232,450
c Investments—corporate bonds (attach schedule)....... 3,535,321 Click to see attachment
List of Attached Documents:
// Content
4,631,749 		4,631,749
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).......... 2,433,604 Click to see attachment
List of Attached Documents:
// Content
2,569,760 		2,569,760
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
111,958 		Click to see attachment
List of Attached Documents:
// Content
148,661 		Click to see attachment
List of Attached Documents:
// Content
148,661
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 36,334,717 42,771,908 42,771,908
Liabilities 17 Accounts payable and accrued expenses.......... 41,563 40,621
18 Grants payable................. 424,527 400,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
188,641 		Click to see attachment
List of Attached Documents:
// Content
285,789
23 Total liabilities (add lines 17 through 22)......... 654,731 726,410
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........... 35,679,986 42,045,498
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)..... 35,679,986 42,045,498
30 Total liabilities and net assets/fund balances (see instructions). 36,334,717 42,771,908
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
35,679,986
2
Enter amount from Part I, line 27a .....................
2
282,907
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
6,174,217
4
Add lines 1, 2, and 3 ..........................
4
42,137,110
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
91,612
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
42,045,498
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a SALE OF PUBLICLY TRADED SECURITIES   2023-01-01 2023-12-31
b WTC MULTI STRATEGY FUND OFFSHORE LLC P 2023-01-01 2023-12-31
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 13,000,314   10,996,145 2,004,169
b       -34,335
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       2,004,169
b       -34,335
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,969,834
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 37,052
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 37,052
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 37,052
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 45,269
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 46,269
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 9,217
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow9,217 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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 arrowCA
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
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 arrowWHITTIER TRUST COMPANY Telephone no.right arrow (626) 441-5188

Located atright arrow177 E COLORADO BLVD 800PASADENACA ZIP+4right arrow91105
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
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
PHILIP A SWAN PRESIDENT/DIRECTOR
3.00 		18,000 0 0
177 E COLORADO BLVD SUITE 800
PASADENA,CA91105
JENNIFER F DEVOLL VICE PRESIDENT/DIRECTOR
3.00 		18,000 0 0
177 E COLORADO BLVD SUITE 800
PASADENA,CA91105
LAWAYNE WILLIAMS TREASURER/DIRECTOR
3.00 		18,000 0 0
177 E COLORADO BLVD SUITE 800
PASADENA,CA91105
PEGINE GRAYSON SECRETARY/EXECUTIVE DIRECTOR
3.00 		0 0 0
177 E COLORADO BLVD SUITE 800
PASADENA,CA91105
MARY J MACHADO SCHAMMEL AUDIT CHAIR/DIRECTOR
3.00 		18,000 0 0
177 E COLORADO BLVD SUITE 800
PASADENA,CA91105
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
WHITTIER TRUST COMPANY PHILANTHROPIC SVCS & INVESTMENT MGMT 543,333
177 E COLORADO BLVD SUITE 800
PASADENA,CA91105
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
35,033,096
b
Average of monthly cash balances.......................
1b
2,340,202
c
Fair market value of all other assets (see instructions)................
1c
3,150,068
d
Total (add lines 1a, b, and c).........................
1d
40,523,366
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
40,523,366
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
607,850
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
39,915,516
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,995,776
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
1,995,776
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
37,052
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
37,052
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,958,724
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,958,724
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,958,724
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,419,565
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,419,565
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 1,958,724
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022...... 232,573
f Total of lines 3a through e ........ 232,573
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,419,565
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 1,958,724
e Remaining amount distributed out of corpus 460,841
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 693,414
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		693,414
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022.... 232,573
e Excess from 2023.... 460,841
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
WHITTIER TRUST PHILANTHROPIC SERVIC
177 E COLORADO BLVD SUITE 800
PASADENA,CA91105
(626) 441-5188
bThe form in which applications should be submitted and information and materials they should include:
FOR SUBMISSION GUIDELINES AND FORMAT, PLEASE CONTACT WHITTIER TRUST PHILANTHROPIC SERVICES.
cAny submission deadlines:
FOR SUBMISSION GUIDELINES AND FORMAT, PLEASE CONTACT WHITTIER TRUST PHILANTHROPIC SERVICES.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRANTS ARE MADE IN SUPPORT OF EDUCATION, SOCIAL SERVICES AND ARTS IN THE LOS ANGELES COUNTY AREA.
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

A NOISE WITHIN

3352 E FOOTHILL BLVD
PASADENA,CA91107 		NONE PC EDUCATION PROGRAM - 2-YEAR GRANT 30,000

A PLACE CALLED HOME

2830 SOUTH CENTRAL AVENUE
LOS ANGELES,CA90011 		NONE PC ARTS & CREATIVE EXPRESSIONS PROGRAM 25,000

AMERICAN WOMEN FOR INTERNATIONAL UNDERSTANDING (AWIU)

1900 EAST GOLF ROAD SUITE 950
SCHAUMBURG,IL60173 		NONE PC 2024 INTERNATIONAL WOMEN OF COURAGE CELEBRATION - M. SCHAMMEL 15,000

ARMORY CENTER FOR THE ARTS

145 NORTH RAYMOND AVENUE
PASADENA,CA91103 		NONE PC 2-YR GENERAL OPERATING SUPPORT $60K & $50K CAPITAL CAMPAIGN 80,000

ARROYOS AND FOOTHILLS CONSERVANCY

PO BOX 1
PASADENA,CA91102 		NONE PC CONSERVATION THROUGH EDUCATION PROGRAM 30,000

ARROYOS AND FOOTHILLS CONSERVANCY

PO BOX 1
PASADENA,CA91102 		NONE PC GENERAL OPERATING SUPPORT 5,000

BOYS AND GIRLS CLUB OF PASADENA

3230 EAST DEL MAR BLVD
PASADENA,CA91107 		NONE PC ENRICHMENT & EDUCATION PROGRAMS 30,000

BOYS AND GIRLS CLUB OF WEST SAN GABRIEL VALLEY

328 S RAMONA AVE
MONTEREY PARK,CA91754 		NONE PC EDUCATION FOR LIFE PROGRAM 30,000

CANCER SUPPORT COMMUNITY GREATER SAN GABRIEL VALLEY

331 W SIERRA MADRE BLVD
SIERRA MADRE,CA91024 		NONE PC MEN'S CANCER PATIENT SUPPORT GROUP 25,000

CASA DE LAS AMIGAS DBA CASA TREATMENT CENTER

160 N EL MOLINO AVENUE
PASADENA,CA91101 		NONE PC GENERAL OPERATING SUPPORT 30,000

COLLEGE ACCESS PLAN

871 E WASHINGTON BLVD
PASADENA,CA91104 		NONE PC GENERAL OPERATING SUPPORT FOR PASADENA PROGRAMS 30,000

COLLEGE ACCESS PLAN

871 E WASHINGTON BLVD
PASADENA,CA91104 		NONE PC YEAR-END GIVING CAMPAIGN 5,000

CONVALESCENT AID SOCIETY

3255 E FOOTHILL BLVD
PASADENA,CA91222 		NONE PC GENERAL OPERATING SUPPORT - PASADENA AREA 30,000

DOOR OF HOPE

669 N LOS ROBLES AVE
PASADENA,CA91105 		NONE PC CAPITAL CAMPAIGN 100,000

DOOR OF HOPE

669 N LOS ROBLES AVE
PASADENA,CA91105 		NONE PC TRANSITIONAL HOUSING AND HOMELESSNESS PREVENTION 30,000

ECUMENICAL COUNCIL OF PASADENA AREA CONGREGATIONS DBA FRIENDS IN DEED

444 E WASHINGTON BLVD
PASADENA,CA91104 		NONE PC GENERAL OPERATING SUPPORT 25,000

FAMILIES FORWARD (FORMERLY MOTHERS' CLUB)

980 N FAIR OAKS AVE
PASADENA,CA91103 		NONE PC GENERAL OPERATING SUPPORT 30,000

FAMILY HOPE (DBA ELIZABETH HOUSE)

PO BOX 94077
PASADENA,CA91101 		NONE PC GENERAL OPERATING SUPPORT 30,000

FLINTRIDGE CENTER

236 WEST MOUNTAIN STREET SUITE 106
PASADENA,CA91103 		NONE PC YOUTH OF PROMISE PROGRAM 30,000

FOOTHILL UNITY CENTER

191 N OAK AVE
PASADENA,CA91107 		NONE PC GENERAL OPERATING SUPPORT 30,000

FROSTIG CENTER

941 NORTH ALTADENA DRIVE
PASADENA,CA91107 		NONE PC GENERAL OPERATING SUPPORT FOR FROSTIG SCHOOL 2023-2024 SCHOOL YEAR PASADENA CAMPUS 30,000

FUND FOR PARTNERSHIP FOR SUCCESS

1030 E CALIFORNIA BLVD
PASADENA,CA91106 		NONE PC GENERAL OPERATING SUPPORT FOR 2023 EDUCATION PROGRAMS 30,000

GEORGETOWN UNIVERSITY

37TH AND O STREETS NW
WASHINGTON,DC20057 		NONE PC GEORGETOWN INSTITUTE FOR WOMEN, PEACE & SECURITY 10,000

GET LIT WORDS IGNITE

672 S LA FAYETTE PARK PLACE
LOS ANGELES,CA90057 		NONE PC IN-SCHOOL PROGRAM IN PASADENA & SGV 2023-2024 25,000

HUNTINGTON MEDICAL RESEARCH INSTITUTES (HMRI)

686 SOUTH FAIR OAKS AVENUE
PASADENA,CA91105 		NONE PC HMRI HIGH SCHOOL STEM SUMMER 2023 PROGRAM 30,000

INNER-CITY ARTS

720 KOHLER STREET
LOS ANGELES,CA90021 		NONE PC LEARNING THROUGH THE ARTS PROGRAM 2-YR GRANT 30,000

JERICHO ROAD PASADENA

75 SOUTH GRAND AVENUE
PASADENA,CA91105 		NONE PC NONPROFIT CAPACITY BUILDING SERVICE 20,000

KIDSPACE CHILDREN'S MUSEUM

480 N ARROYO BLVD
PASADENA,CA91103 		NONE PC YOUTH EDUCATION PROGRAMS 25,000

KIDSPACE CHILDREN'S MUSEUM

480 N ARROYO BLVD
PASADENA,CA91103 		NONE PC CAPITAL CAMPAIGN 50,000

LOS ANGELES CHILDREN'S CHORUS

585 E COLORADO BLVD
PASADENA,CA91101 		NONE PC GENERAL OPERATING SUPPORT FOR THE 2023 2024 SEASON 30,000

LOS ANGELES MASTER CHORALE ASSOCIATION

135 NORTH GRAND AVENUE
LOS ANGELES,CA90012 		NONE PC 2024 & 2025 HIGH SCHOOL CHOIR FESTIVAL - 2-YR GRANT 30,000

MUSEIQUE

300 E GREEN STREET 3RD FLOOR
PASADENA,CA91101 		NONE PC COMMUNITY ENGAGEMENT & SCHOOL-BASED PROGRAMS 25,000

NEW VILLAGE GIRLS ACADEMY NEW VILLAGE CHARTER SCHOOL INC

147 N OCCIDENTAL BOULEVARD
LOS ANGELES,CA90026 		NONE PC YOUTH EDUCATION PROGRAMS 30,000

PARSON'S NOSE THEATER

95 N MARENGO AVE SUITE 110
PASADENA,CA91101 		NONE PC GENERAL OPERATING SUPPORT 15,000

PARTNERS IN CARE FOUNDATION

732 MOTT STREET SUITE 150
SAN FERNANDO,CA91340 		NONE PC ENHANCED CARE MANAGEMENT PROGRAM 25,000

PASADENA CITY COLLEGE FOUNDATION

1570 E COLORADO BLVD
PASADENA,CA91106 		NONE PC ANN PEPPERS FOUNDATION 176,000

PASADENA COMMUNITY FOUNDATION

301 E COLORADO BLVD SUITE 810
PASADENA,CA91101 		NONE PC DEVOLL DONOR ADVISED FUND 25,000

PASADENA CONSERVATORY OF MUSIC (PCM)

100 NORTH HILL AVENUE
PASADENA,CA91106 		NONE PC 2023-2024 MUSIC EDUCATION AND PERFORMANCE PROGRAMS 30,000

PASADENA EDUCATIONAL FOUNDATION

351 SOUTH HUDSON AVENUE
PASADENA,CA91101 		NONE PC SUMMER LEARNING AND ENRICHMENT PROGRAMS 30,000

PASADENA EDUCATIONAL FOUNDATION

351 SOUTH HUDSON AVENUE
PASADENA,CA91101 		NONE PC GENERAL OPERATING SUPPORT 16,000

PASADENA EDUCATIONAL FOUNDATION

351 SOUTH HUDSON AVENUE
PASADENA,CA91101 		NONE PC JOHN MUIR HS BASEBALL PROGRAM 4,000

PASADENA PLAYHOUSE STATE THEATER OF CALIFORNIA INC

39 SOUTH EL MOLINO AVENUE
PASADENA,CA91101 		NONE PC GENERAL OPERATING SUPPORT FOR THE 2023-2024 SEASON - 2-YR GRANT 30,000

PASADENA SYMPHONY ASSOCIATION

150 S LOS ROBLES AVE SUITE 460
PASADENA,CA91101 		NONE PC GENERAL OPERATING SUPPORT 30,000

PLANNED PARENTHOOD PASADENA AND SAN GABRIEL VALLEY

2333 LAKE AVENUE
ALTADENA,CA91001 		NONE PC PPPSGV STI INITIATIVE 25,000

PROFESSIONAL CHILD DEVELOPMENT ASSOCIATES

620 N LAKE AVENUE
PASADENA,CA91101 		NONE PC GENERAL OPERATING SUPPORT 25,000

READING PARTNERS

638 3RD STREET
OAKLAND,CA94607 		NONE PC READING PARTNERS CONNECTS & IN-PERSON TUTORING PROGRAM IN PASADENA 30,000

RED HEN PRESS

PO BOX 40820
PASADENA,CA91114 		NONE PC WRITING SUPPORT FOR UNDERSERVED PUSD STUDENTS 15,000

SALASTINA

PO BOX 4164
GLENDALE,CA91222 		NONE PC GENERAL OPERATING SUPPORT 10,000

SALASTINA

PO BOX 4164
GLENDALE,CA91222 		NONE PC VITAL SOUNDS PROGRAM 20,000

SOCIAL GOOD FUND

12651 SAN PABLO AVE 5473
RICHMOND,CA94805 		NONE PC MAKING HOUSING AND COMMUNITY HAPPEN - SAFE PARKING PROGRAM 10,000

SOUTH PASADENA SAN MARINO YMCA

1605 GARFIELD AVE
SOUTH PASADENA,CA91030 		NONE PC YOUTH IN GOVERNMENT PROGRAM 30,000

SOUTHERN CALIFORNIA PUBLIC RADIO

474 SOUTH RAYMOND AVENUE
PASADENA,CA91105 		NONE PC ENVIRONMENTAL REPORTING 10,000

THE GOODEN CENTER

191 N EL MOLINO AVE
PASADENA,CA91101 		NONE PC HOCHMAN HOUSE IMPROVEMENTS 25,000

THE HUNTINGTON LIBRARY ART COLLECTIONS AND BOTANICAL GARDENS

1151 OXFORD ROAD
SAN MARINO,CA91108 		NONE PC K-12 EDUCATION PROGRAMS IN 2023 30,000

UNION STATION HOMELESS SERVICES

825 E ORANGE GROVE BLVD
PASADENA,CA91104 		NONE PC PROGRAM SUPPORT 30,000

UNION STATION HOMELESS SERVICES

825 E ORANGE GROVE BLVD
PASADENA,CA91104 		NONE PC 50TH ANNIVERSARY 100,000

URBAN VOICES PROJECT

912 E 12TH ST STE B359
LOS ANGELES,CA900212234 		NONE PC GENERAL OPERATING SUPPORT 15,000

USC PACIFIC ASIA MUSEUM

46 NORTH LOS ROBLES AVENUE
PASADENA,CA91101 		NONE PC K-12 SCHOOL PROGRAMS AND ARTS EDUCATION 2023-2024 PROGRAMS 30,000

VILLA ESPERANZA SERVICES

2116 EAST VILLA STREET
PASADENA,CA91107 		NONE PC GENERAL OPERATING SUPPORT 30,000

YOUNG & HEALTHY

136 WEST PEORIA STREET
PASADENA,CA91103 		NONE PC GENERAL OPERATING SUPPORT 30,000
Total .................................right arrow 3a 1,851,000
bApproved for future payment
Total ................................. right arrow 3b 0
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 ........... 		    14 335,141  
4 Dividends and interest from securities ....     14 453,357  
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 2,004,169  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,792,667 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,792,667
(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:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING & TAX PREPARATION FEES 17,150 4,287 0 12,863

TY 2023 InvestmentsCorpBondsSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Name of Bond End of Year Book Value End of Year Fair Market Value
200000 UNITS WEYERHAEUSER CO DEB 7.375% 3/15/32 232,438 232,438
200000 UNITS AMGEN INC NOTE 6.375% 6/01/37 221,740 221,740
200000 UNITS LEIDOS INC NOTE 7.125% 7/01/32 219,250 219,250
200000 UNITS SMUCKER J M CO NOTE 6.200%11/15/33 218,596 218,596
200000 UNITS DARDEN RESTAURANTS INC NOTE 6.300%10/10/33 215,422 215,422
200000 UNITS TRIMBLE INC NOTE 6.100% 3/15/33 213,912 213,912
200000 UNITS JEFFERIES FINANCIAL GROUP IN NOTE 5.875% 7/21/28 205,262 205,262
200000 UNITS FLORIDA PWR & LT CO MTG 5.050% 4/01/28 204,602 204,602
200000 UNITS JACOBS ENGR GROUP INC NOTE 5.900% 3/01/33 204,578 204,578
200000 UNITS VERIZON COMMUNICATIONS INC FRNT 5/15/25 201,156 201,156
200000 UNITS JPMORGAN CHASE & CO PRFD 6.100%12/31/99 198,864 198,864
200000 UNITS STATE STR CORP PRFD 12/31/99 198,250 198,250
200000 UNITS BK OF AMERICA CORP MTNF 4.200% 08/26/24 198,118 198,118
200000 UNITS AMERICAN EXPRESS CO FRNT 11/04/26 197,392 197,392
200000 UNITS GOLDMAN SACHS GROUP INC NOTE 4.482% 8/23/28 196,660 196,660
200000 UNITS MORGAN STANLEY MTNF 4.350% 9/08/26 196,410 196,410
200000 UNITS AIR LEASE CORP NOTE 3.250% 3/01/25 194,788 194,788
200000 UNITS BANK NEW YORK MELLON PRFD 4.625%12/31/99 190,310 190,310
200000 UNITS NORTHERN TR CORP NOTE 3.375% 5/08/32 185,040 185,040
200000 UNITS BROADRIDGE FINL SOLUTIONS IN NOTE 2.900%12/01/29 179,268 179,268
200000 UNITS GENERAL MTRS FINL CO INC PRFD 5.750%12/31/99 177,400 177,400
100000 UNITS JONES LANG LASALLE INC NOTE 6.875%12/01/28 105,683 105,683
100000 UNITS CITIGROUP INC PRFD 6.300%12/31/99 98,557 98,557
100000 UNITS ALBEMARLE CORP NOTE 5.050% 6/01/32 97,764 97,764
100000 UNITS SYNCHRONY FINANCIAL NOTE 2.875%10/28/31 80,264 80,264
24.93 UNITS FH 1761 K PAC FIX 8.500% 11/15/2024 25 25

TY 2023 InvestmentsCorpStockSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Name of Stock End of Year Book Value End of Year Fair Market Value
6647 UNITS MICROSOFT CORP COM 2,499,538 2,499,538
11431 UNITS APPLE COMPUTER INC COM 2,200,810 2,200,810
4176 UNITS NVIDIA CORP COM 2,068,039 2,068,039
14074 UNITS ALPHABET INC CL C 1,983,449 1,983,449
10847 UNITS AMAZON COM INC COM 1,648,093 1,648,093
4050 UNITS VISA INC COM CL A 1,054,418 1,054,418
2712 UNITS META PLATFORMS INC 959,940 959,940
5492 UNITS J P MORGAN CHASE & CO COM 934,189 934,189
1905 UNITS ELEVANCE HEALTH INC. 898,322 898,322
351 UNITS CHIPOTLE MEXICAN GRILL INC COM 802,723 802,723
1694 UNITS LINDE PLC SHS 695,743 695,743
1905 UNITS BERKSHIRE HATHAWAY INC DEL CL B NEW 679,437 679,437
7003 UNITS TJX COS INC NEW COM 656,951 656,951
1081 UNITS UNITED RENTALS INC 619,867 619,867
1098 UNITS THERMO FISHER SCIENTIFIC INC COM 582,807 582,807
4274 UNITS BLACKSTONE INC COM 559,552 559,552
2180 EATON CORP PLC SHS 524,988 524,988
2060 UNITS HONEYWELL INTL INC COM 432,003 432,003
3548 UNITS NESTLE S A SPONSORED ADR 410,255 410,255
3724 UNITS MERCK & CO INC 405,990 405,990
532 UNITS ASML HOLDING N V N Y REGISTRY SHS 402,681 402,681
360 UNITS BROADCOM INC 401,850 401,850
1716 UNITS DANAHER CORP DEL COM 396,979 396,979
553 UNITS SERVICENOW INC COM 390,689 390,689
652 UNITS ADOBE SYS INC 388,983 388,983
5235 UNITS FORTIVE CORP COM 385,453 385,453
4497 UNITS RAYTHEON TECHNOLOGIES CORP 378,378 378,378
1528 UNITS IQVIA HLDGS INC COM 353,549 353,549
949 UNITS ACCENTURE PLC IRELAND SHS CLASS A 333,014 333,014
2969 UNITS ABBOTT LABS COM 326,798 326,798
2128 UNITS CHEVRON CORP COM 317,412 317,412
1253 UNITS TESLA MTRS INC 311,345 311,345
1768 UNITS PEPSICO INC COM 300,277 300,277
652 UNITS S&P GLOBAL INC. 287,219 287,219
1459 UNITS MARSH & MCLENNAN COS INC 276,437 276,437
3004 UNITS DISNEY WALT CO COM DISNEY 271,231 271,231
1819 UNITS ADVANCED MICRO DEVICES INC 268,139 268,139
2060 UNITS VALERO ENERGY CORP NEW COM 267,800 267,800
1699 UNITS JOHNSON & JOHNSON COM 266,301 266,301
378 UNITS COSTCO WHSL CORP 249,510 249,510
1570 UNITS PNC FINL SVCS GROUP INC COM 243,115 243,115
1768 UNITS AIRBNB INC 240,696 240,696
978 UNITS NORFOLK SOUTHERN CORP 231,180 231,180
1905 UNITS EOG RES INC 230,410 230,410
360 UNITS INTUIT 225,011 225,011
802 UNITS SALESFORCE COM INC COM 211,038 211,038
4958 UNITS VANGUARD EMERGING MARKET EQUITY ETF 203,774 203,774
2094 UNITS PHILIP MORRIS INTL INC COM 197,004 197,004
875 UNITS CME GROUP INC 184,275 184,275
565 UNITS MOTOROLA SOLUTIONS INC COM NEW 176,896 176,896
1322 UNITS AMERICAN WTR WKS CO INC NEW COM 174,491 174,491
1304 UNITS SUN COMMUNITIES INC 174,280 174,280
8736 UNITS KINDER MORGAN INC DEL COM 154,103 154,103
824 UNITS LAUDER ESTEE COS INC CL A 120,510 120,510
1304 UNITS SPDR SERIES TRUST S&P BIOTECH 116,434 116,434
1548 UNITS BOSTON PROPERTIES INC COM 108,623 108,623
103 UNITS O REILLY AUTOMOTIVE INC NEW COM 97,858 97,858
910 UNITS AMPHENOL CORP NEW CL A 90,208 90,208
416 UNITS AMERICAN TOWER CORP NEW 89,806 89,806
376 UNITS ISHARES RUSSELL 2000 VALUE 58,404 58,404
50 UNITS MONOLITHIC PWR SYS INC COM 31,539 31,539
594 UNITS COPART INC 29,106 29,106
164 UNITS BUILDERS FIRSTSOURCE INC 27,378 27,378
124 UNITS SIMPSON MANUFACTURING CO INC COM 24,550 24,550
83 UNITS RBC BEARINGS INC COM 23,646 23,646
263 UNITS SPDR SERIES TRUST S&P BIOTECH 23,483 23,483
55 UNITS OLD DOMINION FGHT LINES INC COM 22,293 22,293
395 UNITS EAST WEST BANCORP INC COM 21,225 21,225
53 UNITS WEST PHARMACEUTICAL SVSC INC COM 18,662 18,662
215 UNITS GRACO INC COM 18,653 18,653
16 UNITS FAIR ISAAC & CO INC 18,624 18,624
47 UNITS TOPBUILD CORP COM 17,590 17,590
82 UNITS EAGLE MATERIALS INC COM 16,633 16,633
36 UNITS TELEDYNE TECHNOLOGIES INC COM 16,066 16,066
39 UNITS MONGODB INC CL A 15,945 15,945
114 UNITS RLI CORP COM 15,176 15,176
195 UNITS OLLIES BARGAIN OUTLT HLDGS I COM 14,799 14,799
114 UNITS ALEXANDRIA REAL ESTATE EQ IN COM 14,452 14,452
371 UNITS EQT CORP 14,343 14,343
371 UNITS BANCORP INC DEL COM 14,306 14,306
65 UNITS STERIS PLC SHS USD 14,290 14,290
63 UNITS CURTISS WRIGHT CORP COM 14,036 14,036
192 UNITS BROWN & BROWN INC COM 13,653 13,653
55 UNITS WD-40 CO COM 13,149 13,149
84 UNITS SIMON PPTY GROUP INC NEW COM 11,982 11,982
25 UNITS FACTSET RESH SYS INC COM 11,926 11,926
431 UNITS GRAPHIC PACKAGING HLDG CO COM 10,624 10,624
138 UNITS BOOT BARN HLDGS INC COM 10,593 10,593
84 UNITS HOULIHAN LOKEY INC CL A 10,072 10,072
147 UNITS BONANZA CREEK ENERGY INC COM NEW 10,052 10,052
36 UNITS CASEYS GEN STORES INC COM 9,891 9,891
69 UNITS HYATT HOTELS CORP 8,998 8,998
104 UNITS OTTER TAIL CORP COM 8,837 8,837
21 UNITS DOMINOS PIZZA INC COM 8,657 8,657
33 UNITS WINGSTOP INC 8,467 8,467
21 UNITS POOL CORPORATION 8,373 8,373
77 UNITS TERADYNE INC 8,356 8,356
61 UNITS DOLLAR GEN CORP NEW COM 8,293 8,293
73 UNITS GUIDEWIRE SOFTWARE INC COM 7,960 7,960
102 UNITS GE HEALTHCARE TECHNOLOGIES I COMMON STOCK 7,887 7,887
112 UNITS BOSTON PROPERTIES INC COM 7,859 7,859
188 UNITS NATIONAL STORAGE AFFILIATES COM SHS BEN INC 7,796 7,796
36 UNITS FIVE BELOW INC 7,674 7,674
228 UNITS INTERPUBLIC GROUP COS INC 7,442 7,442
76 UNITS BRUNSWICK CORP 7,353 7,353
97 UNITS BJS WHSL CLUB HLDGS INC 6,466 6,466
114 UNITS HF SINCLAIR CORP 6,335 6,335
115 UNITS PROGRESS SOFTWARE CORP COM 6,245 6,245
55 UNITS RPM INTERNATIONAL INC (DELA) 6,140 6,140
82 UNITS AMN HEALTHCARE SERVICES INC 6,140 6,140
31 UNITS RENAISSANCERE HLDGS LTD COM 6,076 6,076
263 UNITS AVANTOR INC COM 6,004 6,004
49 UNITS DATADOG INC 5,948 5,948
135 UNITS PORTLAND GEN ELEC CO COM NEW 5,851 5,851
30 UNITS SPS COMM INC 5,815 5,815
37 UNITS SUN COMMUNITIES INC 4,945 4,945
67 UNITS FOX FACTORY HLDG CORP COM 4,521 4,521

TY 2023 InvestmentsGovtObligationsSch
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
US Government Securities - End of Year Book Value:

3,030,594
US Government Securities - End of Year Fair Market Value:

3,030,594
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsOtherSchedule2
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
WTC MULTI STRATEGY OFFSHORE FMV 1,801,232 1,801,232
GLENDOWER CAPITAL SOF IV, LP FMV 605,148 605,148
BTAS VIII OFFSHORE FMV 113,380 113,380
INDUSTRY VENTURES SECONDARY X, LP FMV 50,000 50,000

TY 2023 OtherAssetsSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INT. AND DIV. RECEIVABLE 111,958 148,661 148,661


TY 2023 OtherDecreasesSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Description Amount
DEFERRED FEDERAL EXCISE TAXES 91,612


TY 2023 OtherExpensesSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE EXPENSE 750 0 0 750
MISCELLANEOUS EXPENSE 5,637 0 0 5,637
DUES 6,315 0 0 6,315


TY 2023 OtherIncomeSchedule2
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ICAPITAL BTAS VII OFFSHORE   -8,287  
WTC MULTI STRATEGY FUND OFFSHORE LLC   -5,402  
INDUSTRY VENTURES SECONDARY X, L.P.   -217  


TY 2023 OtherIncreasesSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Description Amount
UNREALIZED GAIN 6,174,217


TY 2023 OtherLiabilitiesSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAX 188,641 285,789


TY 2023 OtherProfessionalFeesSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MGMT FEES 54,333 54,333 0 0
PHILANTHROPIC SVCS FEES 489,000 0 0 489,000


TY 2023 TaxesSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 2,168 2,168 0 0
FILING FEES 220 0 0 0
FEDERAL EXCISE TAX 35,714 0 0 0