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 07-01-2023 , and ending 06-30-2024
Name of foundation
LOUIS & HELEN FANAROFF CHAR FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)16021 INUDSTRIAL DRIVE BAY 8
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GAITHERSBURG, MD20877
A Employer identification number

52-1276724
B Telephone number (see instructions)

(301) 230-3020
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$2,761,005J 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      
4 Dividends and interest from securities... 98,388 98,388  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -53,960
b Gross sales price for all assets on line 6a 1,737,124
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........ 44,428 98,388  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
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
195 0   195
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,140 0   6,140
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
31,241 31,241   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
6,028 2,028   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
355 178   177
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 43,959 33,447   6,512
25 Contributions, gifts, grants paid....... 98,200 98,200
26 Total expenses and disbursements. Add lines 24 and 25 142,159 33,447   104,712
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -97,731
b Net investment income (if negative, enter -0-) 64,941
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    
2 Savings and temporary cash investments......... 73,441 40,389 40,389
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment
List of Attached Documents:
// Content
398,693 		407,033
b Investments—corporate stock (attach schedule)....... 2,061,416 Click to see attachment
List of Attached Documents:
// Content
1,598,045 		2,213,583
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 100,000 Click to see attachment
List of Attached Documents:
// Content
100,000 		100,000
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,234,858 2,137,127 2,761,005
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,234,858 2,137,127
29 Total net assets or fund balances (see instructions)..... 2,234,858 2,137,127
30 Total liabilities and net assets/fund balances (see instructions). 2,234,858 2,137,127
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
2,234,858
2
Enter amount from Part I, line 27a .....................
2
-97,731
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,137,127
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
2,137,127
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,737,124   1,791,084 -53,960
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -53,960
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -53,960
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) 1 903
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........................... 3 903
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- ..... 5 903
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 5,001
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 5,001
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 4,098
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow4,098 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 instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowSTEVEN FANAROFF Telephone no.right arrow (301) 230-3020

Located atright arrow16021 INDUSTRIAL DRIVE BAY 8GAITHERSBURGMD ZIP+4right arrow20877
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
STEVEN FANAROFF DIRECTOR
2.00 		0 0 0
16021 INDUSTRIAL DRIVE
GAITHERSBURG,MD20877
SONIA POLSKY OFFICER
2.00 		0 0 0
16021 INDUSTRIAL DRIVE
GAITHERSBURG,MD20877
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
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
2,596,951
b
Average of monthly cash balances.......................
1b
100,087
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
2,697,038
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
2,697,038
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
40,456
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,656,582
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
132,829
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
132,829
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
903
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
903
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
131,926
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
131,926
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
131,926
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
104,712
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
104,712
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 7 131,926
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 96,585
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......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 104,712
a Applied to 2022, but not more than line 2a 96,585
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		Click to see attachment
List of Attached Documents:
// Content
0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 8,127
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		123,799
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 ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
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:
STEVEN FANAROFF
7811 MONTROSE RD SUITE 260
POTOMAC,MD20854
(301) 230-3020
bThe form in which applications should be submitted and information and materials they should include:
LETTER STATING NAME OF ORGANIZATION AND SUBMITTING PROOF OF ITS TAX-EXEMPT STATUS AND STATING PURPOSE FOR WHICH GRANT WILL BE USED.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
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

AMERICAN DIABETES ASSOCIATION

2002 CLIPPER PARK RD
BALTIMORE,MD21211 		N/A PC TO SUPPORT DIABETES RESEARCH 1,000

AMERICAN FRIENDS OF MAGEN DAVID ADOM

20 W 36TH ST
NEW YORK,NY10018 		N/A PC TO SUPPORT THE JEWISH COMMUNITY 10,000

AMERICAN HEART ASSOCIATION

7272 GREENVILLE AVE
DALLAS,TX75231 		N/A PC FIGHT HEART DISEASE 1,000

ANTI-DEFAMATION LEAGUE

1100 CONNECTICUT AVE NW 1020
WASHINGTON,DC20036 		N/A PC TO COMBAT DEFAMATION AND HATE-CRIMES RELATED TO THE JEWISH COMMUNITY 10,000

AQUILINO CANCER CENTER

9905 MEDICAL CENTER DR
ROCKVILLE,MD20850 		N/A PC GENERAL SUPPORT 6,000

B'NAI B'RITH

1120 20TH ST NW STE 300N
WASHINGTON,DC20036 		N/A PC TO SUPPORT THE JEWISH COMMUNITY 3,200

CHARLES E SMITH JEWISH DAY SCHOOL

10901 E JEFFERSON ST
ROCKVILLE,MD20852 		N/A PC TO SUPPORT THE JEWISH COMMUNITY AND YOUTH EDUCATION 5,000

COMMUNITY SUPPORT SERVICES

9075 COMPRINT CT
GAITHERSBURG,MD20877 		N/A PC SUPPORT THE AUTISTIC COMMUNITY 2,000

DC ABORTION FUND

PO BOX 65061
WASHINGTON,DC20035 		N/A PC GENERAL SUPPORT 1,000

EVERYTOWN FOR GUN SAFETY SUPPORT FUND

PO BOX 3886
NEW YORK,NY10163 		N/A PC GENERAL SUPPORT 1,000

FRIENDS OF LUBAVITCH

11621 SEVEN LOCKS ROAD
POTOMAC,MD20854 		N/A PC PROMOTION OF RELIGION 5,000

HOPE CONNECTION FOR CANCER SUPPORT

10100 LAUREATE WAY
BETHESDA,MD20814 		N/A PC GENERAL SUPPORT 8,200

HOPELINK BEHAVIORAL HEALTH

10455 WHITE GRANITE DR STE 400
OAKTON,VA22124 		N/A PC TO SUPPORT HOSPITAL CARE 550

INTERFAITH WORKS

114 W MONTGOMERY AVE
ROCKVILLE,MD20850 		N/A PC GENERAL SUPPORT 2,000

JEWISH CAMP AND CONFERENCE SERVICE

12750 BUCHANAN TRL E
WAYNESBORO,PA17268 		N/A PC SUPPORT CAMP ACTIVITIES FOR THE YOUTH 2,500

JEWISH FEDERATION OF GREATER WASHINGTON

6101 MONTROSE ROAD
ROCKVILLE,MD20852 		N/A PC SUPPORT COMMUNITY IN NEED 5,000

MARYLAND HILLEL

7612 MOWATT LANE
COLLEGE PARK,MD20740 		N/A PC ENHANCE THE LIVES OF JEWISH UNDERGRADUATES 1,500

MATAN

520 8TH FLOOR
NEW YORK,NY10018 		N/A PC TO ASSIST JEWISH STUDENTS WITH SPECIAL NEEDS 5,000

MILES FOR MIGRAINE

4114 HAIN DRIVE
LAFAYETTE,PA19444 		N/A PC TO RAISE AWARENESS AND FUND RESEARCH FOR MIGRAINE AND OTHER HEADACHE DISEASES 2,000

NATIONAL RAMAH COMMISSION

3080 BROADWAY 4TH FLOOR
NEW YORK,NY100274650 		N/A PC GENERAL SUPPORT 1,500

REBUILD TOGETHER MONTGOMERY COUNTY

3925 PLYERS MILLS ROAD SUITE 202
KENSINGTON,MD20895 		N/A PC IMPROVE THE HOMES AND LIVES OF LOW-INCOME HOMEOWNERS IN MONTGOMERY COUNTY 1,000

SHADY GROVE MEDICAL CENTER FOUNDATION

14955 SHADY GROVE ROAD
ROCKVILLE,MD20850 		N/A PC TO HELP PROVIDE MODERN MEDICAL FACILITIES AND TREATMENTS 5,000

SO WHAT ELSE INC

1201 FIRST STREET
ROCKVILLE,MD20850 		N/A PC GENERAL SUPPORT 5,000

SOUTHEAST HEBREW CONGREGATION

10900 LOCKWOOD DRIVE
SILVER SPRING,MD20901 		N/A PC SUPPORT JEWISH COMMUNITY 500

SUBURBAN HOSPITAL FOUNDATION

8600 OLD GEORGETOWN ROAD
BETHESDA,MD20814 		N/A PC TO FUND NURSING EDUCATION AND CLINICAL PROGRAMS 10,000

SUNFLOWERS FOR SALLIE

PO BOX 183
MILLERSVILLE,MD21108 		N/A PC GENERAL SUPPORT 1,250

TEMPLE ADATH ISRAEL

8440 NEWBURGH RD
EVANSVILLE,IN47715 		N/A PC GENERAL SUPPORT 2,000
Total .................................right arrow 3a 98,200
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 ........... 		         
4 Dividends and interest from securities ....     14 98,388  
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 -53,960  
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 44,428 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
44,428
(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:
LOUIS & HELEN FANAROFF CHAR FOUNDATION
EIN:
52-1276724
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX RETURN PREPARATION/COMPLIANCE 6,140 0   6,140

TY 2023 AppliedToPriorYearElection
Name:
LOUIS & HELEN FANAROFF CHAR FOUNDATION
EIN:
52-1276724
Election:
ELECTION TO APPLY CURRENT YEAR EXCESS QUALIFYING DISTRIBUTION TO 2015 UNDISTRIBUTED INCOME.

TY 2023 InvestmentsCorpStockSchedule
Name:
LOUIS & HELEN FANAROFF CHAR FOUNDATION
EIN:
52-1276724
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 4,217 10,599
NESTLE SPON ADR REP REG SHR 9,179 8,574
NEXSTAR MEDIA GROUP INC 1,294 1,485
NEXTERA ENERGY INC 14,887 32,927
NORDSON CP 1,688 1,781
NORFOLK SOUTHERN CORP 4,306 4,175
NORTHERN OIL AND GAS INC MN 2,032 1,849
NORTHROP GRUMMAN CP(HLDG CO) 5,860 5,485
NXP SEMICONDUCTORS NV 9,974 12,479
ONEOK INC 6,982 7,087
PAYCHEX INC 10,771 21,815
PEPSICO INC NC 25,046 39,088
PERRIGO CO LTD 1,512 1,294
PG&E CORP 9,422 10,074
PHILIP MORRIS INTL INC 18,702 23,306
PHILLIPS 66 COM 17,983 22,587
PNC FINL SVCS GP 23,355 27,520
POOL CORP 1,495 1,387
POWER INTEGRATIONS INC 1,987 1,888
PPL CORPORATION 7,747 7,963
PROCTER & GAMBLE 28,330 36,612
PROLOGIS INC COM 8,540 11,456
PROSPERITY BANCSHARES 1,531 1,708
QUAKER HOUGHTON 1,598 1,756
MORNINGSTAR INC COMMON 1,500 1,935
MORGAN STANLEY 12,008 13,607
MONDELEZ INTL INC COM 28,394 34,945
JPMORGAN EQUITY PREMIUM INCO 81,726 86,947
KASPI KZ JSC ADR 4,253 5,938
KB FINANCIAL GRP INC SONS ADR 2,728 3,937
KERING S A ADR NEW 9,930 5,224
KEURIG DR PEPPER INC COM 17,454 15,932
KINDER MORGAN INCORP 7,734 9,100
KINSALE CAP GROUP INC 2,329 2,128
KLA CORPORATION 1,883 8,890
KONINKLIJKE PHIL EL SP ADR NEW 4,592 6,343
KULICKE & SOFFA INDS 1,689 1,844
LANDSTAR SYSTEM INC 1,906 2,024
LEMAITRE VASCULAR INC 1,457 2,484
LITTELFUSE INC 1,505 1,652
LOCKHEED MARTIN CORP 7,177 20,078
LONDON STK EXCHANGE GROUP ADR 4,681 4,694
LONGFOR GROUP HOLDINGS LTD ADR 7,137 2,815
LOWES COMPANIES INC 6,972 7,973
LVMH MOET HENNESSY LOUIS VUITT 4,681 4,125
MARATHON PETROLEUM CORP 5,301 5,964
MARSH & MCLENNAN COS INC 10,682 28,869
MATADOR RES CO 2,279 2,025
MC DONALDS CORP 21,163 29,561
MERCK & CO INC NEW COM 30,807 51,748
METLIFE INCORPORATED 5,650 6,302
MICROSOFT CORP 2,201 23,751
QUALCOMM INC 13,138 27,088
QUEST DIAGNOSTICS INC 1,691 1,886
QURATE RETAIL INC SER A 184 222
TRANSUNION 1,794 1,958
TRAVEL PLUS LEISURE CO 1,500 1,954
TRAVELERS COMPANIES INC COM 19,748 22,367
TRINITY IND 4,227 6,672
TRUIST FINL CORP 4,203 3,595
U S BANCORP COM NEW 7,776 9,369
U S PHYSICAL THERAPY INC 1,691 1,764
UFP INDUSTRIES INC 1,498 1,724
UL SOLUTIONS INC CLASS A 4,651 4,599
UNICREDIT SPA-ADR 3,867 5,322
UNIFIRST CP 1,312 1,360
UNITED PARCEL SER INC CL-B 15,367 11,947
UNITEDHEALTH GP INC 7,859 9,398
UNIVERSAL DISPLAY CORP 1,718 2,237
VALE S.A 7,241 5,049
VALMONT INDUSTRIES 1,922 2,227
VERIZON COMMUNICATIONS 11,404 11,423
VICI PROPERTIES INC 7,688 10,454
WEBSTER FINCL CORP 3,692 3,531
WEC ENERGY GROUP INC COM 5,684 9,729
WELLS FARGO & CO NEW 5,711 8,077
WELLTOWER INC 4,629 5,195
WESCO INTL INC 1,846 1,960
WILLIAMS CO INC 25,038 39,398
WINGSTOP INC 1,227 2,864
WPP PLC SPON NEW ADR 5,791 3,891
TRACTOR SUPPLY CO 3,341 4,057
JPMORGAN CHASE & CO 26,580 36,002
TOUCHSTONE FLEXIBLE INC Y 2,260 2,295
THE ENSIGN GROUP INC 2,438 3,100
REALTY INCOME CORP 21,964 20,072
RELIANCE INC 2,422 2,725
RELX PLC SPONSORED ADR 4,134 7,524
REXFORD INDL REALTY INC 6,926 6,332
RTX CORPORATION 19,943 25,098
RYANAIR HLDGS PLC ADR 5,345 4,438
RYMAN HOSPITALITY PPTYS INC 1,846 1,670
SAP AG 9,613 13,044
SCHLUMBERGER LTD 2,281 3,872
SEMPRA 19,872 25,404
SENSATA TECHNOLOGIES HLDG PLC 1,871 1,741
SHUTTERSTOCK INC 1,592 1,640
SINGAPORE TELECOM LTD ADR NEW 4,694 4,951
SOUTHWEST AIRLINES 4,662 5,379
SPDR BLOOMBERG 1-3 MONTH T-B 15,939 15,970
STANDEX INTERNATIONAL CORP 2,060 2,234
STARBUCKS CORP WASHINGTON 14,535 20,163
STERIS PLC 2,066 2,067
TAIWAN SMCNDCTR MFG CO LTD ADR 5,073 19,814
TC ENERGY CORP 6,783 5,875
TECHNIPFMC LTD 7,508 9,466
TERADATA CORP 6,157 4,769
TERRENO RLTY CORP COM 1,550 1,729
TETRA TECH INC 2,048 2,606
TEXAS INSTRUMENTS 8,839 28,012
THE CIGNA GROUP 7,939 8,482
TOTALENERGIES SE SPONSORED ADS 2,167 4,384
YUM BRANDS INC 3,628 3,818
JPM NASDAQ EQUITY PREMIUM 81,664 96,126
ITOCHU CORP ADR 5,061 5,605
BRUNSWICK CORP 1,692 1,673
BWX TECHNOLOGIES INC COM 1,325 1,624
CARLISLE CO INC 1,687 2,687
CARLSBERG AS 6,634 5,908
CARRIER GLOBAL CORPORATION 5,863 6,497
CASEY'S GENERAL STORES INC 1,700 2,452
CATERPILLAR INC 3,923 5,066
CENTENE CORPORATION 5,631 5,171
CENTERPOINT ENERGY INC 10,844 11,803
CHAMPIONX CORPORATION 2,272 2,096
CHEMED CORPORATION 1,696 1,778
CHESAPEAKE UTILITIES 1,319 1,520
BROOKFIELD INFRASTURE SB VTG A 1,701 1,933
CHEVRON CORP 26,595 40,356
CHORD ENERGY CORPORATION NEW 1,822 1,776
CHURCHILL DOWNS INC 1,882 2,355
CISCO SYS INC 9,044 16,629
CITIGROUP INC NEW 5,378 8,186
CIVITAS RESOURCES INC NEW 2,075 1,814
CME GROUP INC 26,601 25,558
COGENT COMM GROUP 1,662 1,485
COGNEX CORP 1,853 2,295
COHEN & STEERS INC 1,647 2,215
CONCENTRIX CORP 2,251 1,697
BROADRIDGE FIN SOLU.LLC (BR) 9,186 11,005
BROADCOM INC 18,720 98,613
BRITISH AMER TOB SPON ADR 5,332 5,289
ABBVIE INC COM 21,227 49,912
AES CORP 9,678 11,579
AIA GROUP LTD SPON ADR 6,941 4,399
AIR LEASE CORP CL A 1,665 2,207
AIR PROD & CHEM INC 10,425 19,040
AIRBUS SE UNSPONSORED ADR 7,143 7,182
ALLISON TRANSMN HLDGS INC 1,043 1,340
ALPHABET INC CL A 7,477 9,797
AMER INTL GP INC NEW 6,173 7,424
AMERICAN TOWER CORP 8,810 8,613
AMGEN INC 12,516 13,895
ANHEUSER BUSCH INVEV SA SPON 6,435 5,744
APPLIED MATERIALS INC 3,205 5,570
ASAHI KAISEI CORP ADR 4,261 2,601
ASTRAZENECA PLC ADS 2,426 6,419
AUTOMATIC DATA PROCESSING INC 8,441 19,795
BAE SYS PLC SPON ADR (BAESY) 3,046 4,872
BANK OF AMERICA CORP 7,274 10,499
BARRICK GOLD CORP 5,847 5,955
BENTLEY SYS INC COM CL B 1,347 1,284
BOEING CO 4,191 4,027
BOOZ ALLEN HAMILTON HLDG CL-A 2,030 2,491
BP PLC ADS 11,926 12,238
BRISTOL MYERS SQUIBB CO 13,929 9,137
CORNING INC 21,770 24,942
JACK HENRY & ASSOC INC 1,499 1,705
CUBESMART COM 1,317 1,605
FREEPORT-MCMORAN CL-B 5,774 7,922
GALAXY ENTMT GROUP LTD ADR 3,703 2,844
GENERAL MILLS INC 4,492 4,555
GENL DYNAMICS CORP 9,435 9,600
GFL ENVIRONMENTAL INC SUB VTG 1,876 2,395
HAMILTON LANE CL A 1,802 2,710
HEXCEL CORP NEW 2,186 1,956
HITACHI 10 COM NEW ADR 4,234 7,785
HOME BANCSHARES INC 1,702 1,963
HOME DEPOT INC 8,239 24,868
HONG KONG EXCHANGES & CLEARING 2,940 3,109
HP INC COM 5,206 5,078
HUMANA INC 8,514 6,397
HUNTINGTON INGALLS INDUSTRIES 1,121 1,270
IBERDROLA SA SPON ADR 7,393 8,933
ILL TOOL WORKS INC 6,843 14,331
IMPERIAL BRANDS PLC SPD ADR 5,186 6,166
INDUSTRIA DE DISENO TEXTIL IND 5,079 10,136
INSPERITY INC COM 1,344 1,210
INTER PARFUMS INC 1,875 1,699
INVESCO BULLETSHARES 2024 CO 17,587 16,974
INVESCO BULLETSHARES 2025 CO 8,800 8,221
FMC CORP NEW 4,237 3,683
CSX CORP 6,798 7,158
FIRSTSERVICE CORP 666 673
FEDEX CORP 5,791 6,738
CVS HEALTH CORP COM 6,910 6,615
DANONE SPONSORED ADR 6,890 4,967
DBS GROUP HOLDINGS LTD SP 3,659 5,573
DELL TECHNOLOGIES INC CL C 10,126 18,756
DICKS SPORTING GOODS INC 1,212 2,346
DOLLAR GEN CORP NEW COM 6,584 5,469
DOMINOS PIZZA INC 1,696 2,523
DOW INC 2,558 2,865
EAST WEST BANCORP 1,421 3,735
FIRSTENERGY CORP 9,102 9,797
EDISON INTERNATIONAL 3,535 4,446
EATON CORP PLC SHS 11,678 33,863
FASTENAL CO 5,644 6,473
FACTSET RESEARCH SYSTEMS INC 1,673 1,549
EXXON MOBIL CORP 11,542 11,857
EXP WORLD HOLDINGS INC 1,394 1,140
ELI LILLY & CO 8,210 69,604
EQUITRANS MIDSTREAM CORPORATIO 2,716 3,466
ENN ENERGY HOLDINGS LTD UNSPON 4,871 2,934
ENGIE SPONS ADR 6,286 7,375
ENCOMPASS HEALTH CORP 2,072 2,781
EQUINIX INC 3,838 5,578
ZURICH INSURANCE GRP LTD ADR 2,073 4,290

TY 2023 InvestmentsGovtObligationsSch
Name:
LOUIS & HELEN FANAROFF CHAR FOUNDATION
EIN:
52-1276724
US Government Securities - End of Year Book Value:

398,693
US Government Securities - End of Year Fair Market Value:

407,033
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:
LOUIS & HELEN FANAROFF CHAR FOUNDATION
EIN:
52-1276724
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ISRAEL, STATE OF (GOVERNMENT) 10 YR BOND AT COST 100,000 100,000

TY 2023 LegalFeesSchedule
Name:
LOUIS & HELEN FANAROFF CHAR FOUNDATION
EIN:
52-1276724
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 195 0   195


TY 2023 OtherExpensesSchedule
Name:
LOUIS & HELEN FANAROFF CHAR FOUNDATION
EIN:
52-1276724
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 355 178   177


TY 2023 OtherProfessionalFeesSchedule
Name:
LOUIS & HELEN FANAROFF CHAR FOUNDATION
EIN:
52-1276724
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 31,241 31,241   0


TY 2023 TaxesSchedule
Name:
LOUIS & HELEN FANAROFF CHAR FOUNDATION
EIN:
52-1276724
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 2,028 2,028   0
EXCISE TAX 4,000 0   0