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
ROBERT I SCHATTNER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)11200 ROCKVILLE PIKE 203
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ROCKVILLE, MD208523258
A Employer identification number

52-1800778
B Telephone number (see instructions)

(301) 816-7926
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$172,294,339J 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 745,826 745,826  
4 Dividends and interest from securities... 2,129,560 2,129,560  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -595,479
b Gross sales price for all assets on line 6a 58,955,958
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).......      
12 Total. Add lines 1 through 11........ 2,279,907 2,875,386  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 423,750 42,375   381,375
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
567 0   567
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
29,746 1,487   28,259
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
284,828 280,791   4,037
17 Interest............... 138 0   138
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
177,373 48,800   42,390
19 Depreciation (attach schedule) and depletion... 5,136 0  
20 Occupancy.............. 21,068 1,053   20,015
21 Travel, conferences, and meetings....... 9,267 463   8,804
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
338,318 309,637   28,681
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,290,191 684,606   514,266
25 Contributions, gifts, grants paid....... 7,906,000 7,906,000
26 Total expenses and disbursements. Add lines 24 and 25 9,196,191 684,606   8,420,266
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -6,916,284
b Net investment income (if negative, enter -0-) 2,190,780
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............. 1,912,157 434,686 434,686
2 Savings and temporary cash investments......... 19,798,081 48,702 48,702
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.......... 465,748 360,843 360,843
10a Investments—U.S. and state government obligations (attach schedule) 1,641,781 Click to see attachment
List of Attached Documents:
// Content
31,158,380 		31,158,380
b Investments—corporate stock (attach schedule)....... 78,056,549 Click to see attachment
List of Attached Documents:
// Content
66,100,099 		66,100,099
c Investments—corporate bonds (attach schedule)....... 2,759,965 Click to see attachment
List of Attached Documents:
// Content
10,215,112 		10,215,112
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).......... 59,818,376 Click to see attachment
List of Attached Documents:
// Content
63,959,071 		63,959,071
14 Land, buildings, and equipment: basis right arrow59,035
Less: accumulated depreciation (attach schedule) right arrow41,589 1,348 17,446 17,446
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 164,454,005 172,294,339 172,294,339
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........... 164,454,005 172,294,339
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)..... 164,454,005 172,294,339
30 Total liabilities and net assets/fund balances (see instructions). 164,454,005 172,294,339
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
164,454,005
2
Enter amount from Part I, line 27a .....................
2
-6,916,284
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
14,756,618
4
Add lines 1, 2, and 3 ..........................
4
172,294,339
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
172,294,339
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 - UBS ST P    
b PUBLICLY TRADED SECURITIES - UBS LT P    
c INSIGHT PARTNERS P    
d INSIGHT PARTNERS P    
e ARMADILLO P    
BLUMBERG CAPITAL P    
CAMBER CREEK P    
STARWOOD CAPITAL P    
SOF-XII P    
THE RISE FUND P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 37,051,276   37,508,773 -457,497
b 21,896,775   21,666,568 230,207
c     628 -628
d     30,486 -30,486
e     306,057 -306,057
    11,111 -11,111
    26,028 -26,028
7,013     7,013
752     752
    1,786 -1,786
142     142
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       -457,497
b       230,207
c       -628
d       -30,486
e       -306,057
      -11,111
      -26,028
      7,013
      752
      -1,786
      142
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 -595,479
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 30,452
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 30,452
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 30,452
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 119,921
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 119,921
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 89,469
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow89,469 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 arrowMD
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
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 arrowWWW.ROBERTISCHATTNERFOUNDATION.ORG
14
The books are in care ofright arrowROBERT H SIEVERS Telephone no.right arrow (301) 816-7926

Located atright arrow11200 ROCKVILLE PIKE STE 203ROCKVILLEMD ZIP+4right arrow20850
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
Yes
 
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
No
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
SIDNEY BRESLER PRESIDENT
25.00 		179,000 0 0
11200 ROCKVILLE PIKE STE 203
ROCKVILLE,MD20852
ROBERT T SCHATTNER VICE PRESIDENT
10.00 		44,000 0 0
11200 ROCKVILLE PIKE STE 203
ROCKVILLE,MD20852
ROBERT H SIEVERS TREASURER
25.00 		129,000 0 0
11200 ROCKVILLE PIKE STE 203
ROCKVILLE,MD20852
MARIA GOMEZ SECRETARY
30.00 		71,750 0 0
11200 ROCKVILLE PIKE STE 203
ROCKVILLE,MD20852
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
UBS INVESTMENT MANAGEMENT 204,086
1501 K ST NW
WASHINGTON,DC20005
BARBARA KRUMSIEK INVESTING CONSULTANT 75,000
11200 ROCKVILLE PIKE SUITE 203
ROCKVILLE,MD20852
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
164,798,655
b
Average of monthly cash balances.......................
1b
596,482
c
Fair market value of all other assets (see instructions)................
1c
378,292
d
Total (add lines 1a, b, and c).........................
1d
165,773,429
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
165,773,429
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,486,601
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
163,286,828
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
8,164,341
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
8,164,341
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
30,452
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
30,452
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
8,133,889
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
8,133,889
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
8,133,889
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
8,420,266
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
8,420,266
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 8,133,889
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...... 583,145
b From 2019...... 794,014
c From 2020......  
d From 2021......  
e From 2022...... 954,764
f Total of lines 3a through e ........ 2,331,923
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 8,420,266
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..... 8,133,889
e Remaining amount distributed out of corpus 286,377
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 2,618,300
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) ... 		583,145
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		2,035,155
10 Analysis of line 9:
a Excess from 2019.... 794,014
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022.... 954,764
e Excess from 2023.... 286,377
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 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

ALPHA OMEGA DENTAL FRATERNITY

350 FOURTUNE TERRACE UNIT C
POTOMAC,MD20854 		NONE PC ORAL HEALTH PROGRAM 54,000

ALZHEIMER'S ASSOCIATION

225 N MICHIGAN AVE 17TH FL
CHICAGO,IL60601 		NONE PC RESEARCH 75,000

AMERICAN FRIENDS OF THE HEBREW UNIVERSITY

199 WATER STREET 11TH FLOOR
NEW YORK,NY10038 		NONE PC DENTAL EQUIPMENT 700,000

AMERICAN KIDNEY FUND

11921 ROCKVILLE PIKE STE 300
ROCKVILLE,MD20852 		NONE PC PATIENT FINANCIAL ASSISTANCE 250,000

AMERICAN KIDNEY FUND

11921 ROCKVILLE PIKE STE 300
ROCKVILLE,MD20852 		NONE PC HAWAII DISASTER RELIEF 12,000

AMERICAN UNIVERSITY

PO BOX 96609
WASHINGTON,DC20077 		NONE PC GENERAL SUPPORT 10,000

AN OPEN BOOK FOUNDATION

508 KENNEDY ST NW STE 309
WASHINGTON,DC20011 		NONE PC GENERAL SUPPORT 20,000

ANTI-DEFAMATION LEAGUE

605 THIRD AVE
NEW YORK,NY101583650 		NONE PC HUMAN SERVICES 15,000

ATLANTIC SEABOARD DYSLEXIA EDUCATION CENTER

17 WEST JEFFERSON ST STE 100
ROCKVILLE,MD20850 		NONE PC EDUCATION 25,000

B-CC MEALS ON WHEELS

8814 KENSINGTON PARKWAY
NORTH CHEVY CHASE,MD20815 		NONE PC HUMAN SERVICES 15,000

BENDER JCC OF GREATER WASHINGTON

6125 MONTROSE ROAD
ROCKVILLE,MD20852 		NONE PC HUMAN SERVICES 25,000

BETH SHALOM CONGREGATION

11825 SEVEN LOCKS ROAD
POTOMAC,MD20854 		NONE PC GENERAL SUPPORT 5,000

BIRTHRIGHT ISRAEL FOUNDATION

711 THIRD AVE 10TH FLOOR
NEW YORK,NY10017 		NONE PC GENERAL SUPPORT 250,000

BREAD FOR THE CITY

1525 7TH STREET
WASHINGTON,DC20001 		NONE PC HUMAN SERVICES 50,000

CAPITAL AREA FOOD BANK

4900 PUERTO RICO AVE NE
WASHINGTON,DC20017 		NONE PC FOOD INSECURITY 100,000

CAPITAL HEIGHTS PRESBYTERIAN CHURCH

1100 FILLMORE STREET
DENVER,CO80206 		NONE PC HUMAN SERVICES 5,000

CHABAD OC CORP

13719 COASTAL HIGHWAY
OCEAN CITY,MD21842 		NONE PC HUMAN SERVICES 25,000

CHABAD OF GREATER AUSTIN

3500 HYRIDGE DR
AUSTIN,TX78759 		NONE PC EDUCATION 5,000

CHESAPEAKE HEALTH CARE

32033 BEAVER RUN DR
SALISBURY,MD21804 		NONE PC HEALTH SERVICES 50,000

CHILDREN'S HOSPITAL FOUNDATION

111 MICHIGAN AVE NW
WASHINGTON,DC20010 		NONE PC HEALTH SERVICES 5,000

CHILDREN'S LAW CENTER

501 3RD STREET NW STE 800
WASHINGTON,DC20001 		NONE PC HUMAN SERVICES 167,000

CLASSROOM 2 COMMUNITY

21 MARYLAND AVE STE 320
ROCKVILLE,MD20850 		NONE PC EDUCATION 15,000

COLUMBIA COUNTY RECOVERY KITCHEN

PO BOX 183
SPENCERTOWN,NY12165 		NONE PC HUMAN SERVICES 5,000

DARTMOUTH COLLEGE

6066 DEVELOPMENT OFFICE
HANOVER,NH037554400 		NONE PC EDUCATION 5,000

DC HEBREW LANGUAGE CHARTER SCHOOL

6015-17 CHILLUM PLACE NE
WASHINGTON,DC20011 		NONE PC EDUCATION 375,000

DOCTORS WITHOUT BORDERS

40 RECTOR ST 16TH FLOOR
NEW YORK,NY10006 		NONE PC HEALTH SERVICES 5,000

DOORWAYS FOR WOMEN & FAMILIES

4600 FAIRFAX DR STE 600
ARLINGTON,VA22203 		NONE PC HUMAN SERVICES 100,000

EDUCATION FORWARD DC

641 S STREET NW 3RD FL
WASHINGTON,DC20001 		NONE PC EDUCATION 100,000

EPIPHANY SCHOOL FOUNDATION INC

234 E 22ND ST
NEW YORK,NY10020 		NONE PC EDUCATION 5,000

EPISCOPAL SCHOOL IN THE CITY OF NEW YORK

35 EAST 69TH STREET
NEW YORK,NY100214917 		NONE PC EDUCATION 5,000

EVERY MIND

1000 TWINBROOK PARKWAY
ROCKVILLE,MD20851 		NONE PC HEALTH SERVICES 75,000

FESTIVAL CENTER IND

1640 COLUMBIA ROAD NW
WASHINGTON,DC20009 		NONE PC HUMAN SERVICES 80,000

FIDELITY CHARITABLE TRUST

PO BOX 770001
CINCINNATI,OH45277 		NONE PC GENERAL SUPPORT 100,000

FJC

225 W 39TH ST 12TH FL
NEW YORK,NY10018 		NONE PC EDUCATION 12,000

FLORENCE CRITTENTON SERVICES

815 SILVER SPRING AVE
SILVER SPRING,MD20910 		NONE PC EDUCATION 150,000

FOOD & FRIENDS

219 RIGGS ROAD NE
WASHINGTON,DC20011 		NONE PC HEALTH SERVICES 150,000

FOOD FOR OTHERS

2938 PROSPERITY AVE
FAIRFAX,VA22031 		NONE PC HEALTH SERVICES 25,000

FRIENDS OF THE ISRAEL DEFENSE FORCES

60 E 42ND ST
NEW YORK,NY10165 		NONE PC GENERAL SUPPORT 100,000

FRIENDS OF UNITED HATZALAH

442 5TH AVE STE 1866
NEW YORK,NY10018 		NONE PC HUMAN SERVICES 715,000

GEORGETOWN DAY SCHOOL

4200 DAVENPORT ST NW
WASHINGTON,DC20016 		NONE PC EDUCATION 85,000

GEORGETOWN UNIVERSITY

2115 WISCONSIN AVE STE 500
WASHINGTON,DC20007 		NONE PC MEDICAL SERVICES 200,000

GIRL SCHOOL'S OF THE NATION'S CAPITAL

4301 CONNECTICUT AVE NW STE M2
WASHINGTON,DC200082388 		NONE PC HUMAN SERVICES 90,000

GLEN ECHO PARK

7300 MAC ARTHUR BLVD
GLEN ECHO,MD20812 		NONE PC GENERAL SUPPORT 10,000

HAWAII PEOPLES FUND

PO BOX 4163
HONOLULU,HI96812 		NONE PC HUMAN SERVICES 10,000

HENRY SCHEIN CARES FOUNDATION

1120 DURVEA ROAD
MELVILL,NY11747 		NONE PC HUMAN SERVICES 35,000

HOLTON-ARMS SCHOOL INC

7303 RIVER ROAD
BETHESDA,MD20817 		NONE PC EDUCATION 5,000

HOME CARE PARTNERS

1234 MASSACHUSETTS AVE NW
WASHINGTON,DC20005 		NONE PC HEALTH SERVICES 105,000

HOSPITAL FOR SPECIAL SURGERY

PO BOX 30610
NEW YORK,NY10087 		NONE PC HEALTH SERVICES 25,000

HUNTER COLLEGE HIGH SCHOOL

695 PARK AVE
NEW YORK,NY100655024 		NONE PC EDUCATION 5,000

INTEGRATED LIVING OPPORTUNITIES

5603 POTOMAC AVE NW
WASHINGTON,DC20016 		NONE PC GENERAL SUPPORT 15,000

JEWISH CENTER OF MAUI

PO BOX 1545
WAILUKU,HI96793 		NONE PC HUMAN SERVICES 100,000

JEWISH COMMUNITY RELATIONS COUNCIL OF GREATER

6101 EXECUTIVE BLVD STE 300
NORTH BETHESDA,MD20852 		NONE PC EDUCATION 20,000

JEWISH SOCIAL SERVICES AGENCY

200 WOOD HILL ROAD
ROCKVILLE,MD20850 		NONE PC GENERAL SUPPORT 125,000

JOHN HOPKINS UNIVERSITY

550 N BROADWAY STE 731
BALTIMORE,MD21205 		NONE PC MEDICAL SERVICES 50,000

KENNEDY KRIEGER FOUNDATION

707 N BROADWAY
BALTIMORE,MD21205 		NONE PC HEALTH SERVICES 65,000

KIDS IN NEED OF DEFENSE

1201 L STREET NW 2ND FL
WASHINGTON,DC20005 		NONE PC HUMAN SERVICES 80,000

LEVINE MUSIC

2801 UPTON STREET NW
WASHINGTON,DC20008 		NONE PC EDUCATION 10,000

LITTLE BRICKS CHARITY

513 SUNDERLAND TERR
CHESAPEAKE,VA23322 		NONE PC MEDICAL SERVICES 50,000

MAKE-A-WISH

6555 ROCK SPRING DR STE 280
BETHESDA,MD20817 		NONE PC HUMAN SERVICES 75,000

MARY HOUSE

4303 13TH STREET NE
WASHINGTON,DC20017 		NONE PC GENERAL SUPPORT 70,000

MARYLAND DENTAL ACTION COALITION

10015 OLD COLUMBIA RD STE B215
COLUMBIA,MD21046 		NONE PC MEDICAL SERVICES 190,000

MCCP FOUNDATION

6699 SPRINGFIELD CENTER DR STE 303
SPRINGFIELD,VA22150 		NONE PC MEDICAL SERVICES 125,000

MIRIAM'S KITCHEN

2401 VIRGINIA AVE NY
WASHINGTON,DC20037 		NONE PC HUMAN SERVICES 60,000

MONTGOMERY COLLEGE FOUNDATION

9221 CORPORATE BLVD 3RD FL
ROCKVILLE,MD20850 		NONE PC EDUCATION 500,000

NAROPA UNIVERSITY

2130 ARAPAHOE AVE
BOULDER,CO80302 		NONE PC EDUCATION 85,000

NORWOOD SCHOOL

8821 RIVER ROAD
BETHESDA,MD20817 		NONE PC EDUCATION 25,000

OCEAN CITY RECREATION ADVISORY COUNCIL

200 125TH STREET
OCEAN CITY,MD21842 		NONE PC HUMAN SERVICES 15,000

OCEAN CITY VOLUNTEER FIRE CO

1409 PHILADELPHIA AVE
OCEAN CITY,MD21842 		NONE PC MEDICAL SERVICES 25,000

PEF ISRAEL ENDOWMENT FUNDS

630 3RD AVE 15TH FLOOR
NEW YORK,NY10017 		NONE PC EDUCATION 60,000

PATHWAYS TO HOUSING

828 EVATS STREET NE
WASHINGTON,DC20018 		NONE PC HUMAN SERVICES 30,000

PENNY'S FLIGHT FOUNDATION

65 DUCK POND ROAD
GLEN COVE,NY11542 		NONE PC MEDICAL SERVICES 250,000

PROJECT HOPE HEALTH AFFAIRS

1220 19TH STREET NW
WASHINGTON,DC20036 		NONE PC HEALTH SERVICES 15,000

PUBLIC JUSTICE CENTER

201 NORTH CHARLES ST STE 1200
BALTIMORE,MD21201 		NONE PC HUMAN SERVICES 15,000

READING IS FUNDAMENTAL

750 FIRST ST NE STE 920
WASHINGTON,DC20002 		NONE PC EDUCATION 15,000

REGIONAL INSTITUTE FOR CHILDREN AND ADOLESCENTS

15000 BROSCHART ROAD
ROCKVILLE,MD20850 		NONE PC HUMAN SERVICES 15,000

SAFE SHORES

429 O ST NW
WASHINGTON,DC20001 		NONE PC HUMAN SERVICES 5,000

SANDER COHEN SCHOLARSHIP FOUNDATION

2 LAKESTONE CT
ROCKVILLE,MD20850 		NONE PC HUMAN SERVICES 10,000

SAVE THE CHILDREN

501 KINGS HWY E STE 400
FAIRFIELD,CT06825 		NONE PC HUMAN SERVICES 243,000

SHAMBHALA NALANDA

1619 EDWARD ST
HALIFAX,NOVA SCOTIA133H3H9
CA 		NONE PC RESEARCH 5,000

SHE READY FOUNDATION

3727 W MAGNOLIA BLVD STE 807
BURBANK,CA91505 		NONE PC HUMAN SERVICES 35,000

SHOUT MOUSE PRESS

1638 R STREET STE 218
WASHINGTON,DC20009 		NONE PC EDUCATION 20,000

SOCIAL GOOD FUND

1640 COLUMBIA ROAD NW
WASHINGTON,DC20009 		NONE PC HUMAN SERVICES 50,000

SOCIETY FOR SCIENCE

1719 N STREET NW
WASHINGTON,DC20036 		NONE PC GENERAL SUPPORT 200,000

SPANISH EDUCATION DEVELOPMENT CENTER

4110 KANSAS AVE NW
WASHINGTON,DC20011 		NONE PC EDUCATION 20,000

THE ALEPH INSTITUTE

9540 COLLINS AVE
MIAMI,FL33154 		NONE PC HUMAN SERVICES 3,000

THE ARC NORTHERN CHESAPEAKE REGION

4513 PHILADELPHIA ROAD
ABERDEEN,MD21001 		NONE PC HUMAN SERVICES 10,000

THE CHILDREN'S INN AT NIH

7 WEST DRIVE
BETHESDA,MD208141509 		NONE PC HUMAN SERVICES 75,000

THE JEWISH FEDERATION OF GREATER WASHINGTON

6101 EXECUTIVE BLVD STE 100
BETHESDA,MD20852 		NONE PC HUMAN SERVICES 250,000

THE NETS FOUNDATION

168 39TH STREET
BROOKLYN,NY11232 		NONE PC HUMAN SERVICES 5,000

THE RIVER SCHOOL

4880 MACARTHUR BLVD NW
WASHINGTON,DC20007 		NONE PC HEALTH SERVICES 80,000

THE UPCOUNTY HUB

12900 MIDDLEBROOK ROAD
GERMANTOWN,MD20874 		NONE PC HUMAN SERVICES 140,000

UNITED THROUGH READING

1455 FRAZEE ROAD STE 500
SAN DIEGO,CA92108 		NONE PC EDUCATION 20,000

UNITY HEALTH CARE

1100 NEW JERSEY AVE SE
WASHINGTON,DC200033326 		NONE PC HEALTH SERVICES 50,000

VANDERBILT UNIVERSITY

2301 VANDERBILT PL
NASHVILLE,TN372407727 		NONE PC EDUCATION 5,000

VENTURE PHILANTHROPY PARTNERS

1101 VERMONT AVE NW STE 300
WASHINGTON,DC20005 		NONE PC HEALTH SERVICES 100,000

VOICES FOR CHILDREN

1010 GRANDIN AVE
ROCKVILLE,MD20851 		NONE PC HUMAN SERVICES 15,000

WORLD VALUES NETWORK

394 E PALISADE AVE
ENGLEWOOD,NJ07631 		NONE PC EDUCATION 25,000
Total .................................right arrow 3a 7,906,000
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 ........... 		    14 745,826  
4 Dividends and interest from securities ....     14 2,129,560  
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 .....     14    
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -595,479  
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 2,279,907 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,279,907
(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:
ROBERT I SCHATTNER FOUNDATION
EIN:
52-1800778
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 29,746 1,487   28,259

TY 2023 InvestmentsCorpBondsSchedule
Name:
ROBERT I SCHATTNER FOUNDATION
EIN:
52-1800778
Name of Bond End of Year Book Value End of Year Fair Market Value
UBS FIXED INCOME 5,169,932 5,169,932
STATE OF ISRAEL BONDS 5,045,180 5,045,180

TY 2023 InvestmentsCorpStockSchedule
Name:
ROBERT I SCHATTNER FOUNDATION
EIN:
52-1800778
Name of Stock End of Year Book Value End of Year Fair Market Value
UBS SECURITIES 66,100,099 66,100,099

TY 2023 InvestmentsGovtObligationsSch
Name:
ROBERT I SCHATTNER FOUNDATION
EIN:
52-1800778
US Government Securities - End of Year Book Value:

31,158,380
US Government Securities - End of Year Fair Market Value:

31,158,380
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:
ROBERT I SCHATTNER FOUNDATION
EIN:
52-1800778
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
EJF FUNDS AT COST 28,923,204 28,923,204
BLACKROCK PRIVATE OPPOR FUND IV (CAYMAN) LP AT COST 1,063,575 1,063,575
BRIDGE WORKFORCE AND AFFORDABL HOU FUND-R2 LP AT COST 1,439,512 1,439,512
CIBUS ANNA FUND AT COST 610,366 610,366
COLLER INTERNATIONAL PARTNERS AT COST 1,744,210 1,744,210
ICAPITAL-APOLLO AT COST 608,015 608,015
INFRASTRUCTURE INVSTMNTS AT COST 2,176,220 2,176,220
PORTFOLIO ADVISORS AT COST 1,905,918 1,905,918
STEPSTONE TACTICALGROWTH AT COST 2,012,569 2,012,569
APOLLO DEBT SOLUTIONS AT COST 3,089,952 3,089,952
FS CREDIT REAL ESTATE AT COST 1,983,438 1,983,438
ARISTOTLE AT COST 6,049,238 6,049,238
BLUMBERG CAPITAL FUND AT COST 597,752 597,752
CAMBER CREEK FUND III AT COST 1,474,444 1,474,444
INSIGHT PARTNERS XII AT COST 2,057,744 2,057,744
POLEN AT COST 5,903,957 5,903,957
STARWOOD SOF-XII AT COST 535,247 535,247
THE RISE FUND AT COST 709,030 709,030
TRUST VENTURES FUND AT COST 1,074,680 1,074,680

TY 2023 LegalFeesSchedule
Name:
ROBERT I SCHATTNER FOUNDATION
EIN:
52-1800778
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 567 0   567


TY 2023 OtherExpensesSchedule
Name:
ROBERT I SCHATTNER FOUNDATION
EIN:
52-1800778
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK CHARGES 414 0   414
COMPUTER EXPENSE 5,961 0   5,961
INSURANCE 3,934 0   3,934
K-1 DEDUCTIONS 308,924 308,924   0
MEMBERSHIPS 4,831 0   4,831
OFFICE EXPENSES 5,653 283   5,370
PARKING EXPENSE 2,097 105   1,992
PAYROLL SERVICE 2,824 141   2,683
TELEPHONE 3,680 184   3,496


TY 2023 OtherIncreasesSchedule
Name:
ROBERT I SCHATTNER FOUNDATION
EIN:
52-1800778
Description Amount
ADJUSTMENT TO REVALUE ASSETS TO FAIR MARKET VALUE 14,756,618


TY 2023 OtherProfessionalFeesSchedule
Name:
ROBERT I SCHATTNER FOUNDATION
EIN:
52-1800778
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 204,086 204,086   0
CONSULTING FEES 80,742 76,705   4,037


TY 2023 TaxesSchedule
Name:
ROBERT I SCHATTNER FOUNDATION
EIN:
52-1800778
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 86,183 0   0
FOREIGN TAXES PAID 38,516 38,516   0
PAYROLL TAXES 33,855 1,693   32,162
STATES TAXES (MD) 17,182 8,591   8,591
PROPERTY TAXES 1,637 0   1,637