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
FAIR PLAY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)100 WEST 10TH STREET SUITE 1010
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE19801
A Employer identification number

51-6017779
B Telephone number (see instructions)

(302) 777-4711
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$14,189,933J 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... 232,667 232,667  
5a Gross rents............ 7,000 7,000  
b Net rental income or (loss) 7,000
6a Net gain or (loss) from sale of assets not on line 10 761,034
b Gross sales price for all assets on line 6a 2,803,433
7 Capital gain net income (from Part IV, line 2)... 761,034
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
897 897  
12 Total. Add lines 1 through 11........ 1,001,598 1,001,598  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 48,000 14,400   33,600
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
18,995 0   18,995
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
80,430 80,430   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
36,217 33,647   2,570
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 14,493 0   14,493
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
36,771 0   36,771
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 234,906 128,477   106,429
25 Contributions, gifts, grants paid....... 746,000 746,000
26 Total expenses and disbursements. Add lines 24 and 25 980,906 128,477   852,429
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 20,692
b Net investment income (if negative, enter -0-) 873,121
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............. 144,235 433,804 436,144
2 Savings and temporary cash investments.........      
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.......... 21,465 7,714 7,714
10a Investments—U.S. and state government obligations (attach schedule) 2,357 Click to see attachment
List of Attached Documents:
// Content
1,922 		1,949
b Investments—corporate stock (attach schedule)....... 4,578,919 Click to see attachment
List of Attached Documents:
// Content
3,869,385 		7,578,461
c Investments—corporate bonds (attach schedule)....... 26,113 Click to see attachment
List of Attached Documents:
// Content
25,576 		24,837
11 Investments—land, buildings, and equipment: basis right arrow33,697
Less: accumulated depreciation (attach schedule) right arrow   33,697 33,697 1,400,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,507,517 Click to see attachment
List of Attached Documents:
// Content
4,992,456 		4,733,762
14 Land, buildings, and equipment: basis right arrow110,586
Less: accumulated depreciation (attach schedule) right arrow110,586      
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
19,310 		Click to see attachment
List of Attached Documents:
// Content
7,066 		Click to see attachment
List of Attached Documents:
// Content
7,066
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,333,613 9,371,620 14,189,933
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
48,351 		Click to see attachment
List of Attached Documents:
// Content
66,975
23 Total liabilities (add lines 17 through 22)......... 48,351 66,975
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........... 9,285,262 9,304,645
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 9,285,262 9,304,645
30 Total liabilities and net assets/fund balances (see instructions). 9,333,613 9,371,620
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
9,285,262
2
Enter amount from Part I, line 27a .....................
2
20,692
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
9,305,954
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,309
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,304,645
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 265 SHS ESTEE LAUDER CO INC CL A   2023-01-27 2023-08-04
b 15 SHS MARTIN MARIETTA MATERIALS   2023-05-15 2023-09-20
c 15 NORTHROP GRUMMAN CP(HLDG CO)   2022-10-10 2023-09-20
d 45 TESLA INC   2023-02-10 2023-11-10
e 110 SHS VEEVA SYS INC CL A   2023-02-10 2023-11-10
650 SHS ABBOTT LABORATORIES   2019-01-24 2023-09-15
115 SHS ACCENTURE PLC IRELAND CL A   2015-12-10 2023-09-20
50 SHS ADOBE INC   2012-12-24 2023-09-20
380 SHS ALPHABET INC CL A   2011-02-02 2023-09-20
300 SHS AMAZON COM INC   2017-02-07 2023-09-20
530 SHS CATERPILLAR INC   2020-09-08 2023-02-10
1250 SHS CIENA CORP NEW   2020-05-26 2023-06-09
50 SHS CME GROUP INC   2021-03-03 2023-09-20
100 SHS COSTCO WHOLESALE CORP NEW   2014-05-13 2023-09-20
60 SHS DARDEN RESTAURANTS   2021-08-24 2023-09-20
650 SHS DOVER CORP   2019-11-12 2023-05-15
285 EATON CORP PLC SHS   2021-08-24 2023-12-01
125 SHS ELI LILLY & CO   2022-03-18 2023-12-01
500 SHS FIRST REPUBLIC BANK/CA   2019-02-14 2023-03-13
570 SHS FREEPORT-MCMORAN CL-B   2021-03-03 2023-09-20
135 SHS HOME DEPOT INC   2013-05-21 2023-09-20
50 SHS INTUIT INC   2019-05-10 2023-09-20
255 SHS LULULEMON ATHLETICA INC   2020-05-22 2023-01-27
25 SHS MICROSOFT CORP   2017-11-10 2023-09-20
150 SHS PAYCOM SOFTWARE INC   2020-02-14 2023-08-04
300 SHS PEPSICO INC NC   2022-02-17 2023-10-20
265 SHS PIONEER NATURAL RESOURCES CO   2021-03-03 2023-10-20
330 SHS PROCTER & GAMBLE   2019-06-14 2023-09-20
350 SHS QUANTA SERVICES INC   2022-04-07 2023-10-20
25 SHS ROPER TECHNOLOGIES INC   2017-05-09 2023-09-20
35 SHS SHERWIN WILLIAMS COMPANY OHIO   2020-09-09 2023-09-20
60 SHS SYNOPSYS INC   2021-05-21 2023-09-20
80 SHS UNITEDHEALTH GP INC   2020-04-17 2023-12-01
25000 SHS US TSY NOTE 2500 23AU15   2020-01-30 2023-08-15
300 SHS VEEVA SYS INC CL A   2022-08-26 2023-11-10
125 SHS VISA INC CL A   2013-05-21 2023-09-20
230 SHS ZOETIS INC CLASS-A   2017-09-06 2023-09-20
350 SHS APPLE INC   2008-09-19 2023-09-20
0 GNMA POOL 468342   1998-09-03 2023-12-31
0 GNMA POOL 518574   1999-11-18 2023-12-31
0 GNMA POOL 628032   2005-02-16 2023-12-31
0 GNMA POOL 658297   2008-10-15 2023-12-31
119 SHS ANALOG DEVICES INC   2022-12-22 2023-08-30
647 SHS CHARLES SCHWAB NEW   2023-03-16 2023-08-24
402 SHS EDWARD LIFESCIENCES CORP   2022-11-09 2023-08-31
154 SHS EOG RESOURCES INC   2022-12-22 2023-07-07
121 SHS T-MOBILE US INC COM   2023-01-04 2023-08-31
136 SHS VALMONT INDUSTRIES   2023-06-02 2023-10-26
38 SHS ADOBE INC   2016-11-10 2023-02-06
187 SHS ANALOG DEVICES INC   2020-03-13 2023-08-30
302 SHS BALL CORP   2017-05-01 2023-01-04
1978 BANK OF AMERICA CORP   2017-02-03 2023-07-07
428 SHS BRIGHT HORIZONS FAMILY SOLUT   2014-03-26 2023-08-31
475 SHS BROWN FORMAN CORP CL B   2015-01-30 2023-08-31
209 SHS CARRIER GLOBAL CORPORATION   2017-10-24 2023-08-31
200 SHS CHARLES SCHWAB NEW   2022-05-27 2023-08-24
90 SHS DYNATRACE INC   2020-12-15 2023-02-06
41 SHS ECOLAB INC   2014-04-08 2023-11-01
324 SHS EOG RESOURCES INC   2015-12-14 2023-07-07
253 SHS FORTIVE CORP   2014-03-18 2023-08-31
237 KKR & CO INC CL A   2018-07-17 2023-03-23
2630.801 SHS MSIF GLOBAL FRANCHISE INST   2020-06-19 2023-08-31
201 SHS OTIS WORLDWIDE CORP   2017-10-24 2023-06-02
653 SHS PINTEREST INC CL A   2019-11-26 2023-05-17
47 SHS SERVICENOW INC   2021-12-20 2023-05-09
197 SHS STARBUCKS CORP WASHINGTON   2014-09-08 2023-07-07
813 SHS SUNCOR ENERGY INC   2018-02-09 2023-03-16
291 SHS T-MOBILE US INC COM   2021-02-22 2023-08-31
253 SHS TAIWAN SMCNDCTR MFG CO LTD ADR   2018-07-03 2023-08-31
2005.944 SHS TOUCHSTONE SNDS CP EM MKT GR Y   2020-06-19 2023-08-31
533 SHS UNILEVER PLC (NEW) ADS   2014-10-16 2023-08-31
0 VERALTO CORP     2023-10-02
33.333 SHS NET LEASE OFC PROPERTIES   2023-11-02 2023-11-09
200 NEXTERA ENERGY INC   2023-06-13 2023-11-09
700 SHS SERVICE CORP INTL   2023-01-24 2023-08-31
600 SHS VERIZON COMMUNICATIONS   2022-12-29 2023-09-21
100 SHS ABBOTT LABORATORIES   2013-07-02 2023-09-21
25 SHS ACCENTURE PLC IRELAND CL A   2020-09-30 2023-09-21
100 SHS AMGEN INC   2014-05-15 2023-09-21
10 SHS BROADCOM INC   2022-02-24 2023-09-21
25 SHS CHEVRON CORP   2021-04-19 2023-09-21
25 SHS HOME DEPOT INC   2022-02-24 2023-09-21
4 SHS JOHNSON CTLS INTL PLC   2012-11-19 2023-09-21
200 SHS LEIDOS HLDGS INC   2017-07-12 2023-11-09
50 SHS L3HARRIS TECHNOLOGIES INC   2016-09-09 2023-09-21
350 SHS METLIFE INCORPORATED   2013-07-02 2023-09-21
155 SHS MICROSOFT CORP   2012-07-26 2023-09-21
500 SHS NEXTERA ENERGY INC   2022-04-29 2023-11-09
400 SHS PENTAIR PLC   2012-10-05 2023-11-28
525 SHS PFIZER INC   2017-02-23 2023-11-28
50 SHS PHILLIPS 66 COM   2018-11-27 2023-09-21
100 SHS RTX CORPORATION   2012-07-26 2023-09-21
75 SHS TE CONNECTIVITY LTD NEW   2014-11-17 2023-09-21
125 SHS TRAVELERS COMPANIES INC COM   2017-05-03 2023-09-21
75 SHS UNITED PARCEL SER INC CL-B   2012-07-26 2023-09-21
400 SHS VERIZON COMMUNICATIONS   2021-01-28 2023-09-21
25 SHS AIR PROD & CHEM INC   2002-06-17 2023-09-21
150 SHS BAXTER INTL INC   2003-03-31 2023-09-21
175 SHS DIAGEO PLC SPON ADR NEW   2010-02-18 2023-11-28
100 SHS EATON CORP PLC SHS   2012-12-03 2023-11-28
146 SHS JOHNSON CTLS INTL PLC   2009-06-16 2023-09-21
75 SHS JPMORGAN CHASE & CO   2010-02-18 2023-09-21
75 SHS KIMBERLY CLARK CORP   2009-11-11 2023-09-21
300 SHS ORACLE CORP   2007-12-28 2023-09-21
75 SHS SIMON PPTY GROUP INC   2002-09-26 2023-09-21
500 SHS V F CORP   2005-11-11 2023-01-24
100 SHS W P CAREY INC COM   2010-02-18 2023-01-11
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 44,694   73,445 -28,751
b 6,234   6,116 118
c 6,503   7,630 -1,127
d 12,010   9,349 2,661
e 17,710   19,102 -1,392
65,552   46,862 18,690
36,143   12,574 23,569
26,818   1,897 24,921
50,723   5,846 44,877
40,428   12,358 28,070
127,353   80,773 46,580
50,767   68,572 -17,805
10,160   10,607 -447
54,777   11,753 43,024
8,874   8,782 92
88,764   72,689 16,075
54,405   49,150 5,255
69,305   36,666 32,639
11,564   50,689 -39,125
22,226   20,787 1,439
42,923   10,674 32,249
25,999   12,133 13,866
77,377   70,717 6,660
8,006   2,121 5,885
43,141   47,151 -4,010
47,215   50,948 -3,733
63,348   42,182 21,166
50,124   37,336 12,788
56,566   47,352 9,214
12,480   5,649 6,831
9,070   8,229 841
27,193   14,996 12,197
40,180   23,689 16,491
25,000   25,000 0
48,300   63,865 -15,565
29,956   5,745 24,211
42,751   14,835 27,916
62,527   1,764 60,763
262   260 2
78   76 2
39   40 -1
61   59 2
21,540   19,213 2,327
35,889   40,617 -4,728
30,809   28,699 2,110
18,088   19,198 -1,110
16,513   16,804 -291
27,381   36,982 -9,601
14,296   3,963 10,333
33,848   18,244 15,604
15,954   13,103 2,851
56,479   50,886 5,593
40,607   18,908 21,699
31,708   17,736 13,972
12,036   4,598 7,438
11,549   14,077 -2,528
4,220   3,557 663
6,803   4,355 2,448
36,388   23,826 12,562
20,013   13,684 6,329
12,226   6,324 5,902
89,000   74,597 14,403
17,023   12,000 5,023
14,379   12,248 2,131
20,976   28,430 -7,454
18,961   8,000 10,961
23,798   21,141 2,657
39,713   34,344 5,369
23,727   22,523 1,204
27,000   30,049 -3,049
27,217   21,392 5,825
49     49
401   381 20
11,152   15,179 -4,027
43,825   49,704 -5,879
19,811   23,998 -4,187
9,799   3,542 6,257
7,708   5,757 1,951
26,702   11,171 15,531
7,886   5,773 2,113
4,090   2,615 1,475
7,581   7,862 -281
219   115 104
19,287   10,815 8,472
8,565   4,633 3,932
23,567   14,761 8,806
44,317   4,592 39,725
27,881   38,678 -10,797
25,219   12,260 12,959
16,321   17,193 -872
5,950   4,633 1,317
7,181   4,137 3,044
9,101   4,635 4,466
22,491   15,379 7,112
11,553   5,719 5,834
13,207   22,566 -9,359
7,112   1,106 6,006
5,626   1,583 4,043
25,377   11,832 13,545
21,401   3,671 17,730
7,997   2,044 5,953
10,885   3,066 7,819
9,300   4,666 4,634
33,711   7,034 26,677
8,335   2,586 5,749
15,011   6,474 8,537
8,127   2,273 5,854
10,941     10,941
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       -28,751
b       118
c       -1,127
d       2,661
e       -1,392
      18,690
      23,569
      24,921
      44,877
      28,070
      46,580
      -17,805
      -447
      43,024
      92
      16,075
      5,255
      32,639
      -39,125
      1,439
      32,249
      13,866
      6,660
      5,885
      -4,010
      -3,733
      21,166
      12,788
      9,214
      6,831
      841
      12,197
      16,491
      0
      -15,565
      24,211
      27,916
      60,763
      2
      2
      -1
      2
      2,327
      -4,728
      2,110
      -1,110
      -291
      -9,601
      10,333
      15,604
      2,851
      5,593
      21,699
      13,972
      7,438
      -2,528
      663
      2,448
      12,562
      6,329
      5,902
      14,403
      5,023
      2,131
      -7,454
      10,961
      2,657
      5,369
      1,204
      -3,049
      5,825
      49
      20
      -4,027
      -5,879
      -4,187
      6,257
      1,951
      15,531
      2,113
      1,475
      -281
      104
      8,472
      3,932
      8,806
      39,725
      -10,797
      12,959
      -872
      1,317
      3,044
      4,466
      7,112
      5,834
      -9,359
      6,006
      4,043
      13,545
      17,730
      5,953
      7,819
      4,634
      26,677
      5,749
      8,537
      5,854
      10,941
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 2 761,034
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 12,136
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 12,136
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 12,136
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 19,664
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 19,664
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 7,528
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow7,528 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 arrowDE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowMANAGEMENT Telephone no.right arrow (302) 777-4711

Located atright arrow100 WEST 10TH STREET SUITE 1010WILMINGTONDE ZIP+4right arrow19801
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
BLAINE T PHILLIPS JR EXECUTIVE DIRECTOR
30.00 		48,000 0 0
848 PHEASANT RUN ROAD
WEST CHESTER,PA19382
BLAINE T PHILLIPS TRUSTEE
0.00 		0 0 0
100 WEST 10TH STREET SUITE 1010
WILMINGTON,DE19801
KRISTIN L DEMESSE TRUSTEE
0.00 		0 0 0
2509 TEAL ROAD BROOKMEADE I
WILMINGTON,DE19805
GREGORY A INSKIP TRUSTEE, SECRETARY
0.00 		0 0 0
109 MARSHALL BRIDGE RD
KENNETT SQUARE,PA19348
MILBREY R JACOBS TRUSTEE
0.00 		0 0 0
900 BURNT MILL ROAD
WILMINGTON,DE19807
W HALSEY SPRUANCE JR VICE PRESIDENT
0.00 		0 0 0
85 BULLOCK ROAD
CHADDS FORD,PA19317
JEANNE S GAZZILLO PRESIDENT
0.00 		0 0 0
500 DELAWARE AVE STE 1500
WILMINGTON,DE19801
CHARLES ELSON TRUSTEE
0.00 		0 0 0
100 WEST 10TH STREET SUITE 1010
WILMINGTON,DE19801
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 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  
2  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
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
12,226,229
b
Average of monthly cash balances.......................
1b
273,921
c
Fair market value of all other assets (see instructions)................
1c
1,400,000
d
Total (add lines 1a, b, and c).........................
1d
13,900,150
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
13,900,150
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
208,502
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
13,691,648
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
684,582
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
684,582
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
12,136
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
12,136
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
672,446
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
672,446
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
672,446
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
852,429
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
852,429
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 7 672,446
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 149,453
b From 2019...... 103,192
c From 2020...... 131,296
d From 2021...... 88,108
e From 2022...... 163,596
f Total of lines 3a through e ........ 635,645
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 852,429
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 672,446
e Remaining amount distributed out of corpus 179,983
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 5 815,628
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		149,453
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		666,175
10 Analysis of line 9:
a Excess from 2019.... 103,192
b Excess from 2020.... 131,296
c Excess from 2021.... 88,108
d Excess from 2022.... 163,596
e Excess from 2023.... 179,983
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:
BLAINE T PHILLIPS JR EXECUTIVE DIRE
100 WEST 10TH STREET SUITE 1010
WILMINGTON,DE19801
(302) 777-4711
bThe form in which applications should be submitted and information and materials they should include:
LETTER EXPLAINING NEEDS
cAny submission deadlines:
APPLICATIONS ACCEPTED AT ANY TIME
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

1103 MARKET STREET FOUNDATION

PO BOX 433
WILMINGTON,DE19899 		N/A PUBLIC PRESERVATION OF WILMINGTON'S OLDEST MANSION HOUSE - THE MERRICK HOUSE AT 1103 MARKET STREET, WILMINGTON, DE 10,000

AMBOSELI TRUST FOR ELEPHANTS

10 STATE STREET
NEWBURY,MA01950 		N/A PUBLIC TO SUPPORT CYNTHIA MOSS' CONTINUED RESEARCH OF THE POPULATION OF ELEPHANTS AT THE FOOT OF MT. KILIMANJARO, WITH EMPHASIS ON ELIMINATING POACHING 2,500

ASHLEY ADDICITION TREATMENT

800 TYDINGS LANE
HAVRE DE GRACE,MD21078 		N/A PUBLIC TO PROVIDE SCHOLARSHIPS AND SUPPORT FOR ADDICTION TREATMENT FOR THOSE IN NEED 10,000

ATLANTIC SALMON FEDERATION

PO BOX 807
CALAIS,ME04619 		N/A PUBLIC SUPPORT FOR LAND-BASED, CLOSED CONTAINMENT SALMON AQUACULTURE AS A VIABLE ALTERNATIVE TO OPEN NET PENS IN THE OCEAN 2,500

BLANDY EXPERIMENTAL FARM

400 BLANDY FARM ROAD
BOYCE,VA22620 		N/A PUBLIC FOUNDATION OF THE STATE ARBORETUM - BLANDY EXPERIMENTAL STATTION: SUPPORTING UNDERSTANDING OF THE NATURAL ENVIRONMENT THROUGH CONTINUED RESEARCH OF PLANTS, PLANT BIOLOGY, ECOLOGY, EVOLUTION, AND THE ENVIRNOMENTAL SCIENCES 7,500

BRANDYWINE RED CLAY ALLIANCE

1760 UNIONVILLE WAWASET RD
WEST CHESTER,PA19382 		N/A PUBLIC BRANDYWINE WATERSHED MONITORING AND EDUCATION INITIATIVES 5,000

BRIGHT'S CREEK CONSERVANCYINC

809 LAKE ROAD
CANADENSIS,PA18325 		N/A PUBLIC TO SUPPORT FORESTRY AND RIPARIAN ENCHANCEMENT PROJECTS TO IMPROVE WATER QUALITY IN THE BUSHKILL WATERSHED AND UPPER DELWARE HEADWATERS REGION 10,000

CHADDS FORD HISTORICAL SOCIETY

PO BOX 27
CHADDS FORD,PA19317 		N/A PUBLIC FOR GENERAL OPERATING COSTS 1,000

CHALLENGE PROGRAM

1124 E 7TH STREET
WILMINGTON,DE19801 		N/A PUBLIC TO SUPPORT THE NEW HEADQUARTERS AND SHOP LOCATION 5,000

CHESAPEAKE MEDIA SERVICE

PO BOX 300
MAYO,MD21106 		N/A PUBLIC CONTINUED SUPPORT OF "BAY JOURNAL" PUBLICATION. 2,500

CONSERVATION FUND

1655 NORTH FORT MYER DRIVE SUITE
1300
ARLINGTON,VA22209 		N/A PUBLIC CONTINUED SUPPORT FOR HIGHLY SUCCESSFUL MID- ATLANTIC LAND PROTECTION EFFORTS AND TO BUILD THE REVOLVING FUND 75,000

DELAWARE HISTORICAL SOCIETY

505 N MARKET STREET
WILMINGTON,DE19801 		N/A PUBLIC GENERAL OPERATIONS. 1,000

DELAWARE MUSEUM OF NATURE AND SCIENCE

PO BOX 3937
WILMINGTON,DE19807 		N/A PUBLIC GENERAL OPERATIONS. 70,000

DELAWARE WILD LANDS

315 MAIN STREET
ODESSA,DE19730 		N/A PUBLIC SUPPORT FOR NEW HEADQUARTERS AND ONGOING RESTORATION EFFORTS OR ANY OTHER CONSERVATION PROJECT CONCERNING DWL LANDS IN DE 50,000

DOWN SYNDROME ASSOCIATION OF DELAWARE

PO BOX 747
MIDDLETOWN,DE19709 		N/A PUBLIC TO SUPPORT EDUCATION PROGRAMS AND GENERAL OPERATIONS 10,000

DUCKS UNLIMITED - BRANDYWINE CHAPTER

PO BOX 4569
WILMINGTON,DE19807 		N/A PUBLIC CONTINUED RESTORATION EFFORTS IN DELAWARE. 5,000

FAUNA AND FLORA INTERNATIONAL

1720 N STREET NW 4TH FLOOR
WASHINGTON DC,CB2 3QZ20036
UK 		N/A PUBLIC SUPPORT PROGRAM AND OPERATIONS WITHIN DISCRETION OF CEO 75,000

FRIENDS OF FIRST STATE INC

5807 KENNETT PIKE
WILMINGTON,DE19807 		N/A PUBLIC TO CREATE SIGNS AND TRAIL MARKERS AND A FOOTBRIDGE FOR THE BRANDYWINE VALLEY UNIT OF FIRST STATE NATIONAL HISTORICAL PARK 40,000

HAGLEY MUSEUM & LIBRARY

PO BOX 3630
WILMINGTON,DE19807 		N/A PUBLIC FOR PROGRAM SUPPORT AND OPERATIONS WITHIN DISCRETION OF EXECUTIVE DIRECTOR 50,000

HISTORIC ODESSA FOUNDATION

PO BOX 697
ODESSA,DE19730 		N/A PUBLIC CONTINUED MAINTENANCE OF HISTORIC TREES AND SHRUBS 7,500

KALMAR NYKEL FOUNDATION

1124 E 7TH STREET
WILMINGTON,DE19801 		N/A PUBLIC TO SUPPORT GENERAL OPERATIONS FOR HISTORICAL INTERPRETATION 5,000

LIMEN HOUSE RECOVERY

624 N BROOM STREET
WILMINGTON,DE19805 		N/A PUBLIC TO SUPPORT RECOVERY AND TREATMENT FOR ADDICTION 7,500

OCEAN VIEW HISTORICAL SOCIETY

PO BOX 576
OCEAN VIEW,DE19970 		N/A PUBLIC TO SUPPORT GENETAL OPERATIONS 5,000

SOUTHERN ENVIRONMENTAL LAW CENTER

201 WEST MAIN STREET SUTE 14
CHARLOTTESVILLE,VA22902 		N/A PUBLIC FOR THE HIGHLY SUCCESSFUL LAW FELLOW PROGRAM 10,000

ST MICHAEL'S SCHOOL AND NURSERY

700 N WALNUT STREET
WILMINGTON,DE19801 		N/A PUBLIC TO SUPPORT CHILDREN'S EDUCATION AND SPIRITUAL DEVELOPMENT IN A 130- YEAR OLD INSTITUTION 15,000

STROUD WATER RESEARCH CENTER

970 SPENCER ROAD
AVONDALE,PA19311 		N/A PUBLIC $5000 FOR WATER'S EDGE EVENT AND $5000 TO CONTINUE MEANINGFUL WATERSHED EDUCATIONAL EXPERIENCES (MWEE) AT THE LAWRENCEVILLE SCHOOL, NJ IN THE DELAWARE RIVER WATERSHED (10 PERCENT LIMIT TO OVERHEAD COSTS) 7,500

THOMAS JEFFERSON FOUNDATION

PO BOX 217
CHARLOTTESVILLE,VA22902 		N/A PUBLIC CONTINUED HISTORICAL RESEARCH AT MONTICELLO 6,500

TROUT UNLIMITEDCOLDWATER CONSERVATION FUND

1777 N KENT STREET SUITE 100
ARLINGTON,VA22209 		N/A PUBLIC COLDWATER CONSERVATION FUND PROJECTS TO PROTECT WILD TROUT AND THE STREAMS THEY INHABIT 10,000

US SPORTSMEN'S ALLIANCE FOUNDATION

KINGSMILL PARKWAY
COLUMBUS,OH43229 		N/A PUBLIC PROTECTION OF THE AMERICAN HERITAGE OF HUNTING AND FISHING AGAINST THE AGGRESSIVE AND WELL FINANCED EFFORTS TO CURTAIL OR DESTROY IT BY ANIMAL RIGHTS GROUP 15,000

UNIVERSITY OF VIRGINA COLLEGE FOUNDATION

2410 OLD IVY ROAD SUITE 100
CHARLOTTESVILLE,VA22903 		N/A PUBLIC TO SUPPORT THE ENVIRONMENTAL RESILIENCE PROGRAMS AT THE VIRGINIA COASTAL RESEARCH CENTER ON EASTERN SHORE OF VA 20,000

UNIVERSITY OF VIRGINIA

PO BOX 400807
CHARLOTTESVILLE,VA22904 		N/A PUBLIC TO SUPPORT THE BLAINE T. PHILLIPS LAWN TREE ENDOWMENT FUND 35,000

UNIVERSITY OF VIRGINIA LAW SCHOOL FOUNDATION

580 MASSIE ROAD
CHARLOTTESVILLE,VA22903 		N/A PUBLIC TO SUPPORT THE ENVIRONMENTAL LAW PROGRAM 35,000

URBAN PROMISE

2401 THATCHER STREET
WILMINGTON,DE19802 		N/A PUBLIC TO SUPPORT THE URBAN TREKKERS PROGRAM BY INTRODUCING URBAN YOUTH NATURE AND THE OUTDOORS AND THE OTHER PROGRAMS THAT HELP UNDERSERVED YOUTH IN WILMINGTON, DE 5,000

WATERFOWL FESTIVALWATERFOWL CHESAPEAKE

40 S HARRISON STREET
EASTON,MD21601 		N/A PUBLIC FOR CONTINUED SUPPORT OF ANNUAL WATERFOWL FESTIVAL AS LONG AS THE EVENT FOCUSES ON WATERFOWL EVENTS AND COINCIDES WITH HUNTING SEASONS IN MARYLAND. 2,500

WILD AND SCENIC FILM FESTIVAL

487 WILMINGTON PIKE
GLEN MILLS,PA19342 		N/A PUBLIC TO SUPPORT WILD AND SCENIC FILM FESTIVAL 2021 2,500

WILD EARTH ALLIES (FORMERLY FFI)

2 WISCONSIN CIRCLE SUITE 900
CHEVY CHASE,MD20815 		N/A PUBLIC SUPPORT FOR CONTINUING WORK AND NEW INITIATIVES TO INCREASE PROTECTION FOR ENDANGERED WILDLIFE AND HABITATS 50,000

WINTERTHUR MUSEUM

5105 KENNETT PIKE
WINTERTHUR,DE19735 		N/A PUBLIC GENERAL SUPPORT FOR EXHIBITS 20,000

YALE SCHOOL OF THE ENVIRONMENT

195 PROSPECT STREET
NEW HAVEN,CT06511 		N/A PUBLIC TO SUPPORT THE LEADING FORESTRY AND CARBON SEQUESTRATION RESARCH IN THE COUNTRY 10,000

ANDRE HARVEY CREATIVE FELLOWSHIP LONGWOOD GARDENS

1001 LONGWOOD ROAD
KENNETT SQUARE,PA19348 		N/A PUBLIC TO ESTABLISH A CREATIVE FELLOWSHIP HOSTED AT LONGWOOD GARDENS IN HONOR OF THE LATE SCULPTOR ANDRE HARVEY. 10,000

DELAWARE CENTER FOR HORTICULTURE

1810 N DUPONT STREET
WILMINGTON,DE19806 		N/A PUBLIC TO SUPPORT GARDEN DESIGN INITIATIVES 5,000

FAITHFUL FRIENDS ANIMAL SOCIETY

165 AIRPORT ROAD
NEW CASTLE,DE19720 		N/A PUBLIC TO SUPPORT GENERAL OPERATIONS. 10,000

LOWER DELMARVA GENEALOGICAL SOCIETY

PO BOX 3602
SALISBURY,MD21802 		N/A PUBLIC TO SUPPORT ONGOING RESEARCH INTO GENEALOGICAL ISSUES ACROSS THE DELMARVA. 5,000

HISTORIC PRESERVATION & EDUCATION FUND OF THE RACQUET CLUB OF PHILADELPHIA

215 SOUTH 16TH STREET
PHILADELPHIA,PA19102 		N/A PUBLIC RESTORATION OF THE BUILDING FACADE 5,000

SAXIS ISLAND MUSEUM

PO BOX 21
SAXIS,VA23427 		N/A PUBLIC FOR RESTORATION PROJECTS AT THE MUSEUM SITE 10,000
Total .................................right arrow 3a 746,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 232,667  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 7,000  
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 897  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 761,034  
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 1,001,598 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,001,598
(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:
FAIR PLAY FOUNDATION
EIN:
51-6017779
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GUNNIP & COMPANY 18,995 0   18,995

TY 2023 AllOthProgRltdInvestmentsSch
Name:
FAIR PLAY FOUNDATION
EIN:
51-6017779
Category Amount
N/A 0

TY 2023 InvestmentsCorpBondsSchedule
Name:
FAIR PLAY FOUNDATION
EIN:
51-6017779
Name of Bond End of Year Book Value End of Year Fair Market Value
MORGAN STANLEY #095541 BONDS 25,576 24,837

TY 2023 InvestmentsCorpStockSchedule
Name:
FAIR PLAY FOUNDATION
EIN:
51-6017779
Name of Stock End of Year Book Value End of Year Fair Market Value
MORGAN STANLEY #010930 STOCKS 807,825 1,593,810
MORGAN STANLEY #081962 STOCKS 1,133,289 2,565,783
MORGAN STANLEY #095541 STOCKS 1,928,271 3,418,868

TY 2023 InvestmentsGovtObligationsSch
Name:
FAIR PLAY FOUNDATION
EIN:
51-6017779
US Government Securities - End of Year Book Value:

1,922
US Government Securities - End of Year Fair Market Value:

1,949
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:
FAIR PLAY FOUNDATION
EIN:
51-6017779
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MORGAN STANLEY #081962 MUTUAL FUNDS AT COST 4,992,456 4,733,762

TY 2023 OtherAssetsSchedule
Name:
FAIR PLAY FOUNDATION
EIN:
51-6017779
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PREPAID EXCISE TAXES 19,310 7,066 7,066


TY 2023 OtherDecreasesSchedule
Name:
FAIR PLAY FOUNDATION
EIN:
51-6017779
Description Amount
ADJUSTMENT TO FUND BALANCE - FMV TO BOOK 1,309


TY 2023 OtherExpensesSchedule
Name:
FAIR PLAY FOUNDATION
EIN:
51-6017779
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 30,533 0   30,533
DUES AND SUBSCRIPTIONS 902 0   902
OFFICE 4,018 0   4,018
CONFERENCES & SEMINARS 1,318 0   1,318


TY 2023 OtherIncomeSchedule2
Name:
FAIR PLAY FOUNDATION
EIN:
51-6017779
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
NON DIVIDEND DISTRIBUTIONS 897 897 897


TY 2023 OtherLiabilitiesSchedule
Name:
FAIR PLAY FOUNDATION
EIN:
51-6017779
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAX PAYABLE 48,351 66,975


TY 2023 OtherProfessionalFeesSchedule
Name:
FAIR PLAY FOUNDATION
EIN:
51-6017779
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 80,430 80,430   0


TY 2023 TaxesSchedule
Name:
FAIR PLAY FOUNDATION
EIN:
51-6017779
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAXES 30,869 30,869   0
FOREIGN TAXES 352 352   0
PAYROLL TAXES 3,672 1,102   2,570
REAL ESTATE TAXES 1,324 1,324   0