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
APPLEMAN FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)810 SEVENTH AVENUE 7TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10019
A Employer identification number

13-6154978
B Telephone number (see instructions)

(212) 686-7160
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$48,681,167J 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 147,495 147,495  
4 Dividends and interest from securities... 505,395 505,395  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,044,529
b Gross sales price for all assets on line 6a 9,307,298
7 Capital gain net income (from Part IV, line 2)... 3,044,529
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
62,896 57,256  
12 Total. Add lines 1 through 11........ 3,760,315 3,754,675  
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
7,022 0   7,022
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
51,650 25,825   25,825
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
193,765 183,765   10,000
17 Interest............... 8,733 8,733   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
11,078 8,053   25
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
235,262 162,981   71,774
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 507,510 389,357   114,646
25 Contributions, gifts, grants paid....... 2,579,095 2,579,095
26 Total expenses and disbursements. Add lines 24 and 25 3,086,605 389,357   2,693,741
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 673,710
b Net investment income (if negative, enter -0-) 3,365,318
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............. 77,121 254,554 254,554
2 Savings and temporary cash investments......... 1,321,433 337,592 337,592
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
620,079 		624,697
b Investments—corporate stock (attach schedule)....... 14,910,943 Click to see attachment
List of Attached Documents:
// Content
16,096,092 		28,569,332
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).......... 13,527,454 Click to see attachment
List of Attached Documents:
// Content
14,320,110 		18,894,992
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,051,168 		Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,888,119 31,628,427 48,681,167
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) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
66,598
23 Total liabilities (add lines 17 through 22)......... 0 66,598
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........ 24,395,962 24,395,962
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 6,492,157 7,165,867
29 Total net assets or fund balances (see instructions)..... 30,888,119 31,561,829
30 Total liabilities and net assets/fund balances (see instructions). 30,888,119 31,628,427
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
30,888,119
2
Enter amount from Part I, line 27a .....................
2
673,710
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
31,561,829
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
31,561,829
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 168295.131 SHS BLACKROCK STRATEGIC INCOME     2023-02-03
b 7236.407 SHS BLACKROCK STRATEGIC INCOME     2023-02-03
c 27826.515 SHS PIMCO SHORT ASSET     2023-02-03
d 572.202 SHS PIMCO SHORT ASSET     2023-02-03
e 11121 SHS APPLE INC   2011-06-15 2023-07-21
2379 SHS APPLE INC   2016-06-01 2023-07-21
7750 SHS ENBRIDGE INC   2018-12-26 2023-08-11
57 SHS MICROSOFT CORP   2015-04-01 2023-08-11
1400 SHS AMGEN INC   2007-02-16 2023-07-26
2200 SHS CISCO SYSTEMS   2005-11-18 2023-08-11
325 SHS S&P GLOBAL INC   2007-11-23 2023-08-11
400 SHS S&P GLOBAL INC   2007-12-04 2023-08-11
US TREASURY BILL   2023-02-15 2023-12-08
CALL ABBVIE 06/16/2023 180   2023-06-16 2023-03-06
CALL CISCO 06/16/2023 57.50   2023-06-16 2023-03-06
CALL APPLE INC 07/21/2023 180   2023-07-21 2023-03-06
CALL ALLY FINANCIAL 12/15/2023 34   2023-12-15 2023-08-07
CALL ALPHABET INC C 12/15/2023 150   2023-12-15 2023-08-07
CALL ASSURANT INC 12/15/2023 165   2023-12-06 2023-08-08
CALL CENCORA INC 01/19/2024 210   2023-12-06 2023-08-08
CALL MICROSOFT 12/15/2023 375   2023-12-06 2023-08-07
BASSO SPAC FUND LLC - LOSS ON FINAL DISTR P    
RIVULET CAPITAL OFFSHORE A P   2023-01-31
RIVULET CAPITAL OFFSHORE FUND P   2023-04-01
RIVULET CAPITAL OFFSHORE FUND P   2023-06-01
ACHIEVEPARTNERS LT P    
OPALEYE LP ST P    
OPALEYE LP LT P    
RRE VENTURES VI LT P    
RRE VENTRUES VIII LT P    
TAG BLOCKCHAIN ST P    
TAG BLOCKCHAIN LT P    
TAG DISLOCATION & RECOVERY ST P    
TAG DISLOCATION & RECOVERY LT 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 1,580,291   1,667,579 -87,288
b 67,950   68,098 -148
c 274,354   280,545 -6,191
d 5,642   5,624 18
e 2,030,119   130,140 1,899,979
434,282   58,854 375,428
284,146   227,037 57,109
18,320   2,315 16,005
328,766   94,422 234,344
118,420   37,863 80,557
125,985   14,676 111,309
155,059   18,181 136,878
2,582,881   2,582,881 0
1,670     1,670
1,033     1,033
34,421   34,421 0
21,158   21,972 -814
30,482     30,482
6,858   27,341 -20,483
1,680   910 770
56,697   22,843 33,854
      -270
336,237   250,000 86,237
287,096   250,000 37,096
428,632   375,000 53,632
      9,094
      -108,561
      -39,081
      45,621
      -5,992
      134
      -318
      10,526
      -3,220
95,119     95,119
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       -87,288
b       -148
c       -6,191
d       18
e       1,899,979
      375,428
      57,109
      16,005
      234,344
      80,557
      111,309
      136,878
      0
      1,670
      1,033
      0
      -814
      30,482
      -20,483
      770
      33,854
      -270
      86,237
      37,096
      53,632
      9,094
      -108,561
      -39,081
      45,621
      -5,992
      134
      -318
      10,526
      -3,220
      95,119
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 3,044,529
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 46,778
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 46,778
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 46,778
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 19,614
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 47,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 66,614
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 19,836
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow19,836 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowFL
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 arrowTAG ASSOCIATES Telephone no.right arrow (212) 275-1500

Located atright arrow810 SEVENTH AVENUE 7TH FLOORNEW YORKNY ZIP+4right arrow10019
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
SUSAN UNTERBERG PRESIDENT
0.00 		0 0 0
810 SEVENTH AVENUE 7TH FLOOR
NEW YORK,NY10019
ELLEN UNTERBERG CELLI VICE PRESIDENT
0.00 		0 0 0
810 SEVENTH AVENUE 7TH FLOOR
NEW YORK,NY10019
JAMES SATLOFF SECRETARY & TREASUER
0.00 		0 0 0
810 SEVENTH AVENUE 7TH FLOOR
NEW YORK,NY10019
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
FIRST MANHATTAN CO INVESTMENT ADVISORY 136,939
399 PARK AVENUE
NEW YORK,NY10022
HERTZ HERSON ACCOUNTING SERVICES 51,650
575 LEXINGTON AVE 34TH FLOOR
NEW YORK,NY10022
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 N/A 0
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 NONE 0
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
28,796,653
b
Average of monthly cash balances.......................
1b
750,188
c
Fair market value of all other assets (see instructions)................
1c
18,503,444
d
Total (add lines 1a, b, and c).........................
1d
48,050,285
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
48,050,285
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
720,754
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
47,329,531
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,366,477
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
2,366,477
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
46,778
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
974
c
Add lines 2a and 2b............................
2c
47,752
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,318,725
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,318,725
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
2,318,725
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,693,741
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,693,741
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 2,318,725
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 2,350,664
b Total for prior years:2021, 20, 20 99,269
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$ 2,693,741
a Applied to 2022, but not more than line 2a 2,350,664
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		Click to see attachment
List of Attached Documents:
// Content
99,269
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 243,808
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 .......... 		2,074,917
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 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

10X10 PHOTOBOOKS INC

161 W 75TH STREET APT 11A
NEW YORK,NY10023 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 1,000

AIR GALLERY

155 PLYMOUTH STREET
BROOKLYN,NY11201 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

ALL ABOUT SPRAY NEUTER

4209 MERRICK ROAD
MASSAPEQUA,NY11758 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 250

AMERICA ACADELMY IN ROME

535 WEST 22ND ST 3RD FL
NEW YORK,NY10011 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

AMERICA FOLK ART MUSEUM

47-29 32ND PLACE
LONG ISLAND CITY,NY11101 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

AMERICAN RED CROSS

520 WEST 49TH ST
NEW YORK,NY10019 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 50,000

ANTI DEFAMATION LEAGUE

605 THIRD AVE
NEW YORK,NY10158 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 25,000

ART TABLE

1 EAST 53RD ST
NEW YORK,NY10022 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

AUBIN PICTURES

138 GRAND STREET 5WR
NEW YORK,NY10013 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

AUSCHWITZ INSTITUTE

2 WEST 45TH ST
NEW YORK,NY10036 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

BETH'S FURRY FRIENDS FOUNDATION

25 DAVIS AVE
PORT WASHINGTON,NY11050 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 2,500

BOFFO ARTIST RESIDENCY

85 KENMARE ST APT 22
NEW YORK,NY10012 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 1,000

BROOKDALE DEPT OF GERIATRICS & PALLIATIVE MEDICINE

1 GUSTAVE L LEVY PLACE
NEW YORK,NY10029 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 25,000

BROOKLYN MUSEUM

PO BOX 1505 CHURCH ST STATON
NEW YORK,NY10277 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 1,000

CARL SCHURZ PARK CONSERVANCY

523 E 85TH ST
NEW YORK,NY10028 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 2,500

CENTER FOR REPRODUCTIVE RIGHTS

PO BOX 1874
MERRIFIELD,VA22116 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

CENTRAL PARK CONSERVANCY

717 FIFTH AVE
NEW YORK,NY10022 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 15,000

CHICKEN & EGG PICTURES

55 WASHINGTON ST STE 307
NEW YORK,NY11201 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 50,000

CITIZENS COMMITTEE FOR CHILDREN

14 WALL ST STE 4E
NEW YORK,NY10005 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 30,000

CIVITAS

1457 LEXINGTON AVE
NEW YORK,NY10128 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

COLBY COLLEGE MUSEUM OF ART

56 MAYFLOWER HILL
WATERVILLE,ME04901 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 62,500

COLLEGIATE SCHOOL

301 FREEDOM PLACE SOUTH
NEW YORK,NY10069 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,500

CONGREGATION RODEFH SHALOM

7 WEST 83RD ST
NEW YORK,NY10024 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 9,445

CONGREGATION SHEARITH ISRAEL

2 WEST 70TH ST
NEW YORK,NY10023 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 4,000

DIA CHELSEA

527 WEST 22ND ST
NEW YORK,NY10011 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

ETHICAL CULTURE FIELDSTON SCHOOL

33 CENTRAL PARK WEST
NEW YORK,NY10023 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 1,000

FALLS VILLAGE VOLUNTEER FIRE DEPARTMENT

PO BOX 1
FALLS VILLAGE,CT06031 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 2,500

FEEDING AMERICA

PO BOX 96749
WASHINGTON,DC20090 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 13,000

FILM AT LINCOLN CENTER

70 LINCOLN CENTER PLAZA 4TH FLOOR
NEW YORK,NY10023 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 15,000

FILM FORUM

209 WEST HOUSTN ST
NEW YORK,NY10014 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 6,000

FRACTURED ATLAS

400 WEST 43RD ST 4Q
NEW YORK,NY10036 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

FREE SPEECH FOR PEOPLE

PO BOX 4914
AUSTIN,TX78765 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 25,000

FRIENDS OF LINCOLN CENTER

70 LINCOLN CENTER PLAZA 4TH FLOOR
NEW YORK,NY10023 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

GEM X SCHOLARHSIP FUND

1270 AVENUE OF THE AMERICAS STE
2218
NEW YORK,NY10020 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 2,500

GHANA BEYOND SUBSTANCE

1948 WEST HUTTON ROAD
WOOSTER,OH44691 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 2,000

GREATER BOSTON LEGAL SERVICES

197 FRIEND ST
BOSTON,MA02114 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

GREY ART MUSEM NYU

20 COOPER SQ 2ND FLOOR
NEW YORK,NY10003 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 165,600

HIAS

PO BOX 97077
WASHINGTON,DC20090 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

HUNGER FREE AMERICA

50 BROAD ST
NEW YORK,NY10004 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 20,000

INTERNATIONAL RESCUE COMMITTEE

PO BOX 6068
ALBERT LEA,MN56007 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 20,000

JAMES MERRILL HOUSE

107 WATER ST
STONINGTON,CT06378 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

JUST VISION

1835 7TH ST NW 110
WASHINGTON,DC20001 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

KENYON COLLEGE

KENYAN COLLEGE
GAMBER,OH43022 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 4,000

LEAGUE OF WOMAN VOTERS NYC

4 WEST 43RD ST SUITE 613
NEW YORK,NY10036 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 25,000

LEGAL AID SOCIETY

199 WATER STREET
NEW YORK,NY10038 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 20,000

LINCOLN SQUARE SYNAGOGUE

180 AMSTERDAM AVE
NEW YORK,NY10023 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 1,000

MACDOWELL

100 HIGH STREET
PETERBOROUGH,NH03458 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

MAKE THE ROAD NEW YORK

PO BOX 73
BRENTWOOD,NY11717 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 3,000

MANHATTAN THEATER CLUB

311 WEST 43RD ST 8TH FLOOR
NEW YORK,NY10036 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 12,000

MOVEON

PO BOX 96141
WASHINGTON,DC20090 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 1,000

MUSEUM OF FINE ARTS HOUSTON

1001 BISSONNEL ST
HOUSTON,TX77005 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

NEW YORK FOUNDATION FOR THE ARTS

29 W 38TH ST 9TH FLOOR
NEW YORK,NY10018 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 356,000

NEW YORK HISTORIC SOCIETY

170 CENTRAL PARK WEST
NEW YORK,NY10024 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

NEW YORK PUBLIC LIBRARY

270 MADISON AVENUE
NEW YORK,NY10016 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

NEW YORK UNIVERSITY

547 LAGUARDIA PL
NEW YORK,NY10012 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

NORTH STAR FUND

520 8TH AVE 1800
NEW YORK,NY10018 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 3,000

NYC COALITION FOR THE HOMELESS

129 FULTON ST
NEW YORK,NY10038 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 11,000

OTION FRONT STUDIO

1196 MYRTLE AVENUE
BROOKLYN,NY11221 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 2,500

PARK AVENUE AMORY

643 PARK AVE
NEW YORK,NY10065 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 20,000

PEN AMERICA

588 BROADWAY STE 303
NEW YORK,NY10012 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,500

PERFORAMCE SPACE NY

150 1ST AVE 4TH FLOOR
NEW YORK,NY10009 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 2,000

PLANNED PARENTHOOD OF GREATER NY

26 BLEEKER STREET
NEW YORK,NY10012 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 50,000

PREGNANCY JUSTICE

575 8TH AVE STE 700
NEW YORK,NY10018 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 15,000

PRINTED MATTER

231 11TH AVENUE
NEW YORK,NY10011 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 1,000

PROTECT DEMOCRACY

2020 PENNSYLVANIA AVE NW 163
WASHINGTON,DC20006 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 25,000

PUBLIC ARTS FUND

1 EAST 53RD ST
NEW YORK,NY10022 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 75,000

QUEERART INC

140 2ND AVE 501
NEW YORK,NY10003 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

ROCKEFELLER PHILANTHROPY ADVISORS

6 W 48TH ST
NEW YORK,NY10036 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 800,000

SAILSBURY VOLUNTEER AMBULANCE

PO BOX 582
SALISBURY,CT06068 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 2,500

SALISBURY ASSOCIATION

24 MAIN ST
SALISBURY,CT06068 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 2,500

SARAH LAWRENCE COLLEGE

1 MEAD WAY
BRONXVILLE,NY10708 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 30,000

SIGNATURE THEATER

480 WEST 42ND ST
NEW YORK,NY10036 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

SKOWHEGAN SCHOOL OF PAINTING

136 WEST 22ND ST
NEW YORK,NY10011 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 15,000

SOMERVILE HOMELESS COALITION INC

1 DAVIS SQUARE
SOMERVILLE,MA02114 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 12,000

STUDIO IN A SCHOOL

75 WEST END AVE
NEW YORK,NY10023 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 6,000

THE 92ND STREET Y

139 LEXINGTON AVE
NEW YORK,NY10128 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 25,000

THE ALDRICH MUSEUM

258 MAIN ST
RIDGEFIELD,CT06877 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 25,000

THE BOGLIASCO FOUNDATION

1 EAST 53RD ST 8TH FLOOR
NEW YORK,NY10022 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 20,000

THE BREARLEY SCHOOL

610 EAST 83RD ST
NEW YORK,NY10028 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

THE CORPORATION OF YADDO

312 UNION AVE
SARATOGA SPRINGS,NY12866 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 51,000

THE DOE FUND PC

345 EAST 102ND ST
NEW YORK,NY10029 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

THE DOOR

555 BROOME ST
NEW YORK,NY10013 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 2,500

THE DRAWING CENTER

35 WOOSTER STREET
NEW YORK,NY10013 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

THE EAKINS PRESS FOUNDATION

20 WEST 44TH ST
NEW YORK,NY10036 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 500

THE EDDIE ADAMS WORKSHOP

247 JEFFERSONVILLE N BRANCH RD
JEFFERSONVILLE,NY12748 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

THE GRAND STREET SETTLEMENT

80 PITT STREET
NEW YORK,NY10002 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 20,000

THE HUMANE SOCIETY OF NEW YORK

306 EAST 58TH ST
NEW YORK,NY10022 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 25,000

THE JEWISH MUSEUM

11-09 5TH AVE
NEW YORK,NY10128 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

THE KOOPERSMITH FAMILY LITERACY MAIN PROGRAM

334 AMSTERDAM AVE
NEW YORK,NY10023 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 2,500

THE METROPOLITAN MUSEUM OF ART

1000 FIFTH AVE
NEW YORK,NY10028 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 50,000

THE METROPOLITAN OPERA

30 LINCOLN CENTER PLAZA
NEW YORK,NY10023 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 26,000

THE MORGAN LIBRARY & MUSEUM

225 MADISON AVENUE
NEW YORK,NY10016 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 300

THE MOUTAIN SCHOOL

151 MOUNTAIN SCHOOL ROAD
VERSHIRE,VT05079 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 1,000

THE NEW MUSEUM

235 BOWERY
NEW YORK,NY10002 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

THE PUBLIC THEATURE

425 LAFAYETTE ST
NEW YORK,NY10003 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 5,000

THIRD WAVE FUND

228 PARK AVE S PMB 32277
NEW YORK,NY10003 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 4,000

UNLOCAL INC

45 WEST 29TH ST SUITE 203
NEW YORK,NY10001 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

WASHINGTON UNIVIERSITY

1 BROOKING DRIVE
ST LOUIS,MO63130 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 1,000

WHITNEY MUSEUM

99 GANSEVOORT STREET
NEW YORK,NY10014 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000

WIDE RAINBOW CORP

180 PARK ROW 20C
NEW YORK,NY10038 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 3,000

WNET THIRTEEN

825 EIGHTH AVE
NEW YORK,NY10019 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 15,000

WOODWELL CLIMATE RESEARCH CENTER

149 WOODS HOLE ROAD
FALLMOUTH,MA02540 		  PC GENERAL CHARITABLE & EDUCATIONAL PURPOSES 10,000
Total .................................right arrow 3a 2,579,095
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 ........... 		    14 147,495  
4 Dividends and interest from securities ....     14 505,395  
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 ..... 211100 5,640 14 57,256  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 3,044,529  
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) .. 5,640 3,754,675 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,760,315
(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:
APPLEMAN FOUNDATION INC
EIN:
13-6154978
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 51,650 25,825   25,825

TY 2023 AppliedToPriorYearElection
Name:
APPLEMAN FOUNDATION INC
EIN:
13-6154978
Election:
PURSUANT TO SECTION 4942(H)(2) OF THE INTERNAL REVENUE CODE, THE FOUNDATION HEREBY ELECTS TO APPLY $99,269 OF THE QUALIFYING DISTRIBUTIONS FROM THE YEAR ENDED DECEMBER 31, 2023 TO UNDISTRIBUTED INCOME FROM YEARS PRIOR TO 2022.

TY 2023 InvestmentsCorpStockSchedule
Name:
APPLEMAN FOUNDATION INC
EIN:
13-6154978
Name of Stock End of Year Book Value End of Year Fair Market Value
1200 ACCENTURE PLC IRELAND 43,298 421,092
3800 ABBVIE INC 330,374 588,886
25615 ALLY FINANCIAL INC 588,438 894,476
9154 ALPHABET INC CAP STK CL C 561,957 1,290,073
700 CENCORA INC 52,969 143,766
6205 APPLE INC 1,192,284 1,194,649
4929 ASSURANT INC 649,233 830,487
600 AUTOZONE INC 47,037 1,551,366
2400 BERKSHIRE HATHAWAY INC DEL CL B NEW 209,678 855,984
2500 CISCO SYSTEMS INC 43,026 126,300
17486 COMCAST CORP CL A 685,051 766,761
3400 ENBRIDGE INC 99,603 123,013
3247 LOWES COS INC 609,870 722,620
19400 MATCH GROUP INC 876,129 708,100
8100 MICROSOFT CORP 329,023 3,045,924
1200 MOODY'S CORP 47,877 468,672
9273 PHILIP MORRIS INTL INC 908,107 872,404
325 S&P GLOBAL FINANCIAL INC 14,676 143,169
1915 UNITEDHEALTH GROUP INC 324,688 1,008,190
17387 ISHARES MSCI ACWI ETF 1,500,670 1,769,475
15425 SPDR S&P 500 ETF 3,801,868 7,331,657
76839.934 BARON EMERGING MARKETS FUND INST 829,270 1,077,296
25012.802 MFS INTERNATIONAL INTRIM SIC VALUE 1,281,025 1,007,766
113568.292 BLACKSTONE REAL ESTATE INCOME TRUST 1,069,941 1,627,206

TY 2023 InvestmentsGovtObligationsSch
Name:
APPLEMAN FOUNDATION INC
EIN:
13-6154978
US Government Securities - End of Year Book Value:

620,079
US Government Securities - End of Year Fair Market Value:

624,697
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:
APPLEMAN FOUNDATION INC
EIN:
13-6154978
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ACHIEVE PARTNERS SPV I LP AT COST 68,330 247,749
AEQUIM ARBITRAGE FUND LP AT COST 1,600,177 1,583,868
HANOVER ACTIVE EQUITY FUND II AT COST 489,340 496,099
OPALEYE LP AT COST 2,803,038 2,803,038
RRE LEADERS II LP AT COST 230,404 230,404
RRE VENTURES VI LP AT COST 289,584 304,697
RRE VENTURE VIII LP AT COST 105,500 105,932
TAG BLOCKCHAIN OPPORTUNITIES FUND AT COST 275,944 283,438
TAG DISCLOCATION & RECOVERY FUND AT COST 386,252 399,926
TVM LIFE SCIENCE INNIVATION II SCSP AT COST 424,463 501,004
ARENA SHORT DURATION HI YIELD FUND AT COST 2,000,000 2,917,075
CARTENNA PARTNERS LTD AT COST 1,000,000 1,188,731
EMPYREAN CAPITAL OVERSEAS FUND AT COST 750,038 1,200,708
ENCOMPASS CAPITAL FUND AT COST 1,500,000 2,558,740
KIRKOSWALD GLOBAL MARCO FUND LTD AT COST 1,000,000 1,469,611
RIVULET CAPITAL OFFSHORES FUND CL B AT COST 375,000 465,217
SENVEST PARTNERS LTD AT COST 1,000,000 2,030,528
STRATEGIC PTNRS OFFSHORE REAL EST AT COST 22,040 108,227

TY 2023 LegalFeesSchedule
Name:
APPLEMAN FOUNDATION INC
EIN:
13-6154978
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ATTORNEY FEE 7,022 0   7,022


TY 2023 OtherAssetsSchedule
Name:
APPLEMAN FOUNDATION INC
EIN:
13-6154978
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PARTNERSHIP DISTRIBUTION RECEIVABLE 1,051,168    


TY 2023 OtherExpensesSchedule
Name:
APPLEMAN FOUNDATION INC
EIN:
13-6154978
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DELAWARE REPRESENTATION FEE 620 0   620
ADMINSTRATIVE SUPPORT 57,563 0   57,563
SUBMISSION SUPPORT 9,000 0   9,000
INTERNET SERVICE 1,220 0   1,220
SUPPLIES & MISCELLANEOUS EXP 3,371 0   3,371
ACHIEVE PARTNERS 2,189 2,189   0
AEQUIM ARBITRAGE FUND 55,582 55,582   0
HANOVER ACTIVE EQUITY 6,237 6,237   0
OPELEYE 34,171 34,171   0
RRE LEADERS II 3,612 3,612   0
RRE VENTURES VI 7,425 7,425   0
RRE VENTURES VIII 13,239 13,239   0
TAG BLOCKCHAIN OPPORTUNITIES 10,592 10,592   0
TAG DISLOCATION & RECOVERY FUND 4,664 4,664   0
TVM LIFE SCIENCE & INNOVATION 25,270 25,270   0
NON DEDUCTIBLE EXPENSE 507 0   0


TY 2023 OtherIncomeSchedule2
Name:
APPLEMAN FOUNDATION INC
EIN:
13-6154978
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
AEQUIM ARBITRAGE FUND LP 57,477 57,477 57,477
AEQUIM ARBITRAGE FUND LP 7,110 7,110 7,110
AEQUIM ARBITRAGE FUND LP 267 0 267
HANOVER ACTIVE EQUITY FUND -2 -2 -2
OPALEYE LP -11,661 -11,661 -11,661
OPALEYE LP 231 231 231
TAG BLOCKCHIAN OPPTYS FUND 761 761 761
TAG DISLOCATION & RECOVERY FD -1,779 -1,779 -1,779
TAG DISLOCATION & RECOVERY FD -347 -347 -347
TAG DISLOCATION & RECOVERY FD 4,791 4,791 4,791
TAG DISLOCATION & RECOVERY FD 572 572 572
TAG DISLOCATION & RECOVERY FD 5,373 0 5,373
TVM LIFE SCIENCE INNOV II SCSP 103 103 103


TY 2023 OtherLiabilitiesSchedule
Name:
APPLEMAN FOUNDATION INC
EIN:
13-6154978
Description Beginning of Year - Book Value End of Year - Book Value
CALL OPTION SHORT POSITIONS 0 66,598


TY 2023 OtherProfessionalFeesSchedule
Name:
APPLEMAN FOUNDATION INC
EIN:
13-6154978
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES 183,765 183,765   0
PUBLIC RELATIONS 10,000 0   10,000


TY 2023 TaxesSchedule
Name:
APPLEMAN FOUNDATION INC
EIN:
13-6154978
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
US EXCISE TAX ON UBTI 3,000 0   0
FOREIGN TAX WITHHELD 8,053 8,053   0
DELAWARE FRANCHISE TAX 25 0   25