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
THE WARREN FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1927
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DUNN, NC28335
A Employer identification number

81-3604563
B Telephone number (see instructions)

(919) 820-2869
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$9,112,036J 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 22,934 22,934  
4 Dividends and interest from securities... 230,452 222,989  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 85,675
b Gross sales price for all assets on line 6a 1,741,686
7 Capital gain net income (from Part IV, line 2)... 85,675
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
276 276  
12 Total. Add lines 1 through 11........ 339,337 331,874  
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
7,079 3,539   3,540
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
42,015 42,015   0
17 Interest............... 2,818 2,818   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
5,226 3,326   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
64,962 43,055   21,803
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 122,100 94,753   25,343
25 Contributions, gifts, grants paid....... 400,000 400,000
26 Total expenses and disbursements. Add lines 24 and 25 522,100 94,753   425,343
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -182,763
b Net investment income (if negative, enter -0-) 237,121
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............. 863,650 530,948 530,948
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,263,713 Click to see attachment
List of Attached Documents:
// Content
3,283,328 		3,418,431
c Investments—corporate bonds (attach schedule)....... 1,678,672 Click to see attachment
List of Attached Documents:
// Content
1,828,837 		1,791,173
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,016,448 Click to see attachment
List of Attached Documents:
// Content
1,941,594 		2,558,008
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
1,088,742 		Click to see attachment
List of Attached Documents:
// Content
813,476 		Click to see attachment
List of Attached Documents:
// Content
813,476
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,911,225 8,398,183 9,112,036
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 8,911,225 8,398,183
29 Total net assets or fund balances (see instructions)..... 8,911,225 8,398,183
30 Total liabilities and net assets/fund balances (see instructions). 8,911,225 8,398,183
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
8,911,225
2
Enter amount from Part I, line 27a .....................
2
-182,763
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
8,728,462
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
330,279
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,398,183
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 WELLS FARGO #3500 P 2022-01-01 2023-12-31
b MORGAN STANLEY #1177 P 2023-01-01 2023-12-31
c MORGAN STANLEY #1177 P 2022-01-01 2023-12-31
d FROM PASSTHROUGH - FRAZIER HEALTHCARE P 2023-01-01 2023-12-31
e FROM PASSTHROUGH - FRAZIER HEALTHCARE P 2022-01-01 2023-12-31
FROM PASSTHROUGH - FRAZIER HEALTHCARE P 2022-01-01 2023-12-31
FROM PASSTHROUGH - ORBIMED ASIA PARTNERS P 2022-01-01 2023-12-31
FROM PASSTHROUGH - FRANCISCO PARTNERS V P 2022-01-01 2023-12-31
FROM PASSTHROUGH - FRANCISCO PARTNERS VI P 2022-01-01 2023-12-31
FROM PASSTHROUGH - INDUSTRY VENTURES P 2023-01-01 2023-12-31
FROM PASSTHROUGH - INDUSTRY VENTURES P 2022-01-01 2023-12-31
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 138,916   162,271 -23,355
b 1,393,651   1,389,671 3,980
c 113,468   100,302 13,166
d 1     1
e 38,311     38,311
    14 -14
    1,327 -1,327
21,785     21,785
21,675     21,675
25     25
    2,426 -2,426
13,854     13,854
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       -23,355
b       3,980
c       13,166
d       1
e       38,311
      -14
      -1,327
      21,785
      21,675
      25
      -2,426
      13,854
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 85,675
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 3,296
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 3,296
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 3,296
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 2,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 90
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 10 614
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow614 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 arrowNC
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 arrowH LAWRENCE SANDERSON Telephone no.right arrow (910) 304-2319

Located atright arrowPO BOX 1927DUNNNC ZIP+4right arrow28335
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
REED WARREN DIRECTOR
1.00 		0 0 0
PO BOX 1927
DUNN,NC28335
H LAWRENCE SANDERSON VICE PRESIDENT/TREASURER
1.00 		0 0 0
PO BOX 1927
DUNN,NC28335
JAMES M YATES JR SECRETARY
1.00 		0 0 0
4101 LAKE BOONE TRAIL STE 300
RALEIGH,NC27607
WILLIAM I WARREN JR PRESIDENT
1.00 		0 0 0
PO BOX 1927
DUNN,NC28335
WENDY WARREN SPELL BOARD CHAIRMAN
1.00 		0 0 0
PO BOX 1927
DUNN,NC28335
CHRIS SPELL DIRECTOR
1.00 		0 0 0
PO BOX 1927
DUNN,NC28335
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
4,882,351
b
Average of monthly cash balances.......................
1b
909,167
c
Fair market value of all other assets (see instructions)................
1c
2,868,995
d
Total (add lines 1a, b, and c).........................
1d
8,660,513
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
8,660,513
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
129,908
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
8,530,605
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
426,530
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
426,530
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
3,296
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,296
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
423,234
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
423,234
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
423,234
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
425,343
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
425,343
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 7 423,234
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 338,663
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 425,343
a Applied to 2022, but not more than line 2a 338,663
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..... 86,680
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 .......... 		336,554
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

SAMPSON COUNTY SCHOOLS

437 ROWAN ROAD
CLINTON,NC28328 		NONE PC GENERAL SUPPORT 260,000

DUNN POLICE ATHLETIC LEAGUE

1501 S CLINTON AVE
DUNN,NC28334 		NONE PC GENERAL SUPPORT 125,000

WELSEY CHAPEL CHURCH

2409 OLD PEANUT RD
ELIZABETHTOWN,NC28337 		NONE PC GENERAL SUPPORT 15,000
Total .................................right arrow 3a 400,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 22,934  
4 Dividends and interest from securities ....     14 230,452  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 276  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 85,675  
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) .. 0 339,337 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
339,337
(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 InvestmentsCorpBondsSchedule
Name:
THE WARREN FOUNDATION INC
EIN:
81-3604563
Name of Bond End of Year Book Value End of Year Fair Market Value
FEDERATED INSTITUTIONAL PRIME VALUE 636,976 637,607
MORGAN STANLEY INSTL ULTR-SHRT INC A 426,239 427,075
PIMCO INCOME FUND 40,750 41,222
PIMCO MORTGAGE OPP & BD 23,393 23,270
PIMCO TOTAL RETURN I2 (PTTPX) 62,819 63,174
DODGE & COX INCOME FD 235,000 210,176
EATON VANCE FLOATING-RATE FUND 50,000 47,952
FPA NEW INCOME FUND 124,828 121,954
VANGUARD SHORT TERM BOND ETF 36,981 37,156
PIMCO FOREIGN BOND (USD-HEDGED) I2 18,450 19,228
PIMCO INVESTMENT GRADE CRED BD 11,033 11,275
PRINCIPAL FDS INC 162,368 151,084

TY 2023 InvestmentsCorpStockSchedule
Name:
THE WARREN FOUNDATION INC
EIN:
81-3604563
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO 6,429 6,372
ABB LTD (ABB) 3,374 4,607
ACCENTURE PLC CL A 2,297 2,941
AGREE REALTY CORP 862 870
AIA GROUP LTD SPON ADR (AAGIY) 14,450 12,480
AIRBUS GROUP (NETHERLANDS) 5,421 7,098
AKZO NOBEL NV ADR (AKZOY) 3,460 4,050
ALCON INC (ALC) 7,630 8,350
ALIBABA GROUP HLDG LTD (BABA) 7,757 5,891
ALLEGION PLC (IRELAND) 4,419 5,172
ALLSTATE CORP (ALL) 1,152 1,400
ALPHABET INC CL A (GOOGL) 8,952 14,248
AMADEUS IT HOLDINGS ADR (SPAIN) 2,585 2,729
AMERICAN ELEC PWR CO INC (AEP) 2,200 2,120
AMERICAN INTERNATIONAL GROUP 4,214 4,810
AMERICAN WATER WORKS CO INC 1,360 1,264
AMERIPRISE FINCL INC (AMP) 6,783 8,736
AMGEN INC (AMGN) 5,993 7,777
AMPHENOL CORP NEW CL A (APH) 165 214
ANSYS INC (ANSS) 13,997 14,515
AON PLC CL A (AON) 5,495 5,478
APTARGROUP INC (ATR) 530 613
ASPEN TECHNOLOGY INC (AZPN) 3,697 4,183
ASTRAZENECA PLC ADR (AZN) 4,499 4,681
AT&T INC 1,492 1,326
ATLAS COPCO AB SPONS ADR 1,496 2,032
ATMOS ENERGY CORP 6,356 6,838
AUTODESK INC DELAWARE (ADSK) 5,103 6,817
AVERY DENNISON CORP 1,441 1,617
AVISTA CORP (AVA) 1,180 1,064
BANK RAKYAT INDONESIA ADR (BKRKY) 3,161 4,090
BENTLEY SYS INC COM CL B (BSY) 4,502 6,731
BERKLEY W R CORP (WRB) 3,609 4,536
BOOZ ALLEN HAMILTON HLDG CL-A (BAH) 1,151 1,791
BP AMOCO PLC 9,466 11,009
BRAMBLES LTD SPONSORED ADR 1,260 1,400
BRIGHT HORIZONS FAMILY SOLUT (BFAM) 2,227 3,016
BROOKFIELD ASSET MGNT CL A LTD (BAM) 1,722 2,250
BROOKFIELD CORPORATION 8,937 10,993
BUREAU VERITAS SA ADR (BVVBY) 4,447 4,204
CAL MAINE FOODS INC (CALM) 1,402 1,725
CALAVO GROWERS INC (CVGW) 773 814
CALIF WATER SVC GP DEL (CWT) 1,797 1,772
CANADIAN PACIFIC RAILWAY LTD 2,834 3,083
CARDINAL HEALTH INC 2,631 3,773
CARLSBERG AS (CABGY) 2,921 2,653
CARMAX INC (KMX) 1,136 1,337
CHARLES RIVER LABS INTL INC (CRL) 5,643 6,146
CHARLES SCHWAB NEW (SCHW) 5,468 4,666
CHEMED CORPORATION (CHE) 2,977 3,509
CHINA MERCHANTS BK CO LTD UNSP (CIHKY) 3,937 2,351
CHUBB LTD (CB) 4,168 4,287
CHURCH & DWIGHT INC 1,234 1,418
CIE FINANCIERE RICH UNSPONS ADR 4,348 4,181
CIGNA CORP NEW 2,149 2,695
CITIGROUP INC NEW (C) 5,918 6,481
CLOROX CO (CLX) 2,249 2,323
COCA COLA CO (KO) 6,031 6,070
COGNIZANT TECH SOLUTIONS CL A (CTSH) 3,890 4,173
COMCAST CORP (NEW) CLASS A (CMCSA) 3,332 3,825
COMMERCE BANCSHARES (CBSH) 0. 3,647 2,972
COMPASS GROUP PLC SPD ADR (CMPGY) 5,991 7,870
COMPUTERSHARE LTD 969 604
CONOCOPHILLIPS (COP) 1,100 1,653
CONSTELLATION BRANDS INC CL A (STZ) 6,210 6,271
CONTINENTAL AG ADR (GERMANY) 3,656 4,538
COOPER CO INC NEW (COO) 7,015 7,190
COPART INC (CPRT) 3,660 6,310
CORTEVA INC (CTVA) 7,595 7,571
COSAN S A ADR (CSAN) 3,193 3,978
COSTAR GROUP INC. 4,765 6,030
COTERRA ENERGY INC 4,626 5,997
CREDICORP LTD (BAP) 1,608 1,977
CRH PLC ADR (CRH) 1,865 2,565
CROWN CASTLE INTL CORP (CCI) 6,674 5,838
CULLEN FROST BANKERS INC (CFR) 4,963 4,498
DAIICHI SANKYO CO-SPON ADR 2,183 2,060
DAIKIN INDS LTD UNSPON ADR (DKILY) 3,748 3,897
DAIWA HOUSE IND LTD ADR (DWAHY) 2,408 3,226
DANAHER CORPORATION (DHR) 12,751 13,649
DBS GROUP HOLDINGS LTD SP (DBSDY) 2,648 2,837
DECKERS OUTDOOR CORP 790 1,834
DENTSPLY SIRONA INC (XRAY) 5,713 6,228
DEUTSCHE BOERSE AG-UNSPON ADR 2,185 2,630
DEUTSCHE TELEKOM AG SPONS ADR 2,678 3,436
DIAGEO PLC SPON ADR NEW (DEO) 3,279 2,842
DIODES INC (DIOD) 1,294 1,369
DISCO CORP 1,570 3,980
DOLBY LABORATORIES INC-CL A 3,467 4,137
DOLLAR GEN CORP NEW COM (DG) 5,166 3,772
DUPONT DE NEMOURS INC (DD) 390 431
ECOLAB INC (ECL) 4,607 6,095
EDP ENERGIAS DE PORTGUAL SA (EDPFY) 2,787 2,776
ELEVANCE HEALTH INC 3,355 3,532
EMCOR GROUP INC 1,343 1,939
ENGIE SPONS ADR (ENGIY) 7,779 9,584
EQUIFAX INC (EFX) 3,919 4,946
ESSILOR INTL - UNSPON ADR 2,039 2,258
EXELON CORP (EXC) 1,546 1,366
EXPONENT INC (EXPO) 3,729 3,434
FAIR ISAAC & CO INC (FICO) 1,286 3,492
FOX CORP CL A (FOXA) 1,566 1,469
GALLAGHER ARTHUR J & CO (AJG) 1,156 1,574
GENERAL DYNAMICS CORP 4,513 5,713
GENERAL MTRS CO (GM) 4,185 4,346
GIVAUDAN SA ADR (GVDNY) 1,499 1,966
GRACO INC 349 428
GRUPO FINANCIERO BANORTE- SPON ADR 2,986 4,193
HALEON PLC 1,981 2,239
HARTFORD FIN SERS GRP INC (HIG) 542 625
HDFC BANK LTD ADR (HDB) 7,041 7,315
HEALTHPEAK PPTYS INC 1,347 1,148
HENKEL AG & CO KGAA (HENKY) 4,207 4,762
HENKEL KGAA 2,908 3,159
HILTON WORLDWIDE HOLDINGS 4,534 6,373
HONEYWELL INTL INC (HON) 6,633 6,711
HONG KONG EXCHANGES UNSPONS ADR 1,356 1,211
HOYA CORP SPONS ADR (HOCPY) 5,174 6,324
HSBC HLDGS PLC SPONSORED ADR NEW 4,943 6,081
HUMANA INC (HUM) 1,806 1,831
IBERDROLA SPONS ADR 1,122 1,264
ICICI BANK LTD (IBN) 4,540 5,674
IDEXX LABS (IDXX) 2,097 2,775
IMCD N V 2,278 2,803
INDEPENDENT BK MASS (INDB) 1,250 1,326
INDITEX UNSPONS ADR 2,593 3,831
INTERACTIVE BROKERS GROUP CL A (IBKR) 2,882 3,273
INTESA SANPAOLO S.P.A. ADR (ISNPY) 1,388 1,736
J P MORGAN CHASE & CO 2,686 3,318
JACK HENRY & ASSOC INC (JKHY) 3,962 3,922
JD COM INC SPON ADR CL A (JD) 3,804 1,762
KEYSIGHT TECHNOLOGIES INC (KEYS) 1,568 1,432
KIMBERLY CLARK CORP (KMB) 4,369 4,026
KKR & CO INC CL A (KKR) 3,340 5,717
KNORR BREMSE AG 1,461 1,724
KRAFT HEINZ CO 5,362 4,992
L AIR LIQUIDE ADR 4,157 5,370
LABORATORY CORP AMERICA HOLDINGS 3,445 3,801
LEAR CORP (LEA) 1,015 1,068
LEGRAND SA (LGRDY) 5,204 6,383
LEIDOS HLDGS INC (LDOS) 4,000 4,811
LENNAR CORPORATION (LEN) 6,177 9,986
LENNOX INTL INC (LII) 3,128 5,818
LINDE PLC (LIN) 4,462 5,875
LINDSAY CORPORATION 565 554
LONDON STK EXCHANGE GROUP ADR (LNSTY) 6,929 8,543
LOREAL CO ADR 1,774 2,390
LPL FINL HLDGS INC COM (LPLA) 3,310 4,780
LVMH MOET HENNESSY LOUIS VUITT (LVMUY) 3,814 4,100
MARRIOTT VACATIONS WORLDWIDE CORPORATION 672 424
MARTIN MARIETTA MATLS INC 6,152 8,980
MASTERCARD INC CL A (MA) 8,884 10,663
MEITUAN ADR (MPNGY) 5,519 2,580
MERCK & CO INC 5,799 6,541
MERCK KGAA SPD ADR (MKKGY) 4,701 3,757
METTLER TOLEDO INTL (MTD) 1,250 1,213
MICROCHIP TECHNOLOGY INC (MCHP) 6,443 8,297
MICRON TECHNOLOGY INC 2,451 3,522
MICROSOFT CORP (MSFT) 31,754 40,612
MINTH GROUP LTD (MNTHY) 1,816 1,328
MISSION PRODUCE INC (AVO) 785 708
MITSUBISHI UFJ FINCL GRP ADS (MUFG) 2,786 3,745
MONOLITHIC PWR SYSTEMS INC (MPWR) 1,429 2,523
MONOTARO CO LTD ADR (MONOY) 558 410
MOODYS CORP 2,813 3,846
MTU AERO ENGINES HOLDING-UNSPON ADR 2,295 2,276
MUELLER WATER PROD INC SER A (MWA) 2,298 2,837
NESTLE SPON ADR REP REG SHR (NSRGY) 4,660 4,518
NETFLIX INC (NFLX) 4,473 7,303
NETSTREIT CORP 450 442
NORDSON CP (NDSN) 4,823 5,547
NORTHERN TRUST CORP (NTRS) 4,196 4,021
NOVO NORDISK A/S ADR (NVO) 12,078 17,483
OLYMPUS CORP SPONS ADR 3,105 2,342
O'REILLY AUTOMOTIVE 3,410 4,750
OSHKOSH CORP 3,553 4,336
PARKER HANNIFIN CORP (PH) 6,379 9,675
PAYCOM SOFTWARE INC (PAYC) 1,616 1,421
PENNON GROUP PLC ADR (PEGRY) 1,551 1,720
PERNOD RICARD SA ADR (PRNDY) 4,164 3,812
PING AN INSURANCE ADR (PNGAY) 4,296 2,771
POOL CORP (POOL) 9,541 7,974
PORTLAND GENERAL ELECTRIC CO 949 867
PPG INDUSTRIES INC (PPG) 888 1,035
PROCTER & GAMBLE (PG) 5,438 5,275
PROGRESSIVE CORP OHIO (PGR) 6,087 8,601
PROLOGIS INC 5,403 5,129
PUBLIC SERVICE ENTERPRISE GP (PEG) 1,469 1,442
RAYMOND JAMES FINCL INC (RJF) 3,075 3,566
RAYTHEON TECHNOLOGIES CORP (RTX) 2,605 2,801
RECRUIT HOLDINGS CO. LTD. ADR (RCRUY) 1,979 2,488
REINSURANCE GROUP OF AMERICA (RGA) 2,156 2,738
RELX PLC SPONSORED ADR (RELX) 8,882 12,057
RENTOKIL GROUP PLC SP ADR (RTOKY) 2,231 2,146
REXFORD INDUSTRIAL REALTY 2,240 2,357
ROCHE HOLDINGS ADR (RHHBY) 8,413 7,681
ROGERS COMM INC CL B (BC) (RCI) 1,273 1,264
ROLLINS INC (ROL) 3,139 4,054
ROPER TECHNOLOGIES, INC. (ROP) 4,804 5,997
ROSS STORES INC (ROST) 1,027 1,661
RPM INTERNATIONAL INC 6,304 7,479
RYANAIR HLDGS PLC ADR (RYAAY) 3,962 6,401
S&P GLOBAL INC COM (SPGI) 2,968 3,831
SAIA INC 3,371 6,135
SAMPO OYJ UNSPON ADR (SAXPY) 5,315 4,827
SANDVIK AB SPONS ADR (SDVKY) 3,793 4,298
SANOFI-AVENTIS ADR 4,222 4,404
SEALED AIR CP NEW (SEE) 4,180 2,969
SEMPRA ENERGY 1,725 1,809
SHELL PLC 5,456 5,601
SHERWIN WILLIAMS CO 1,461 1,871
SHISEIDO LTD SPON ADR (SSDOY) 1,743 1,146
SIEMENS HEALTHINEERS AG 2,739 3,496
SITEONE LANDSCAPE SUPPLY INC 2,976 3,900
SJW CORP 1,199 1,142
SONY CORP ADR 11,015 12,688
SPS COMMERCE INC COM (SPSC) 1,315 1,896
SS&C TECHNOLOGIES HLDGS INC (SSNC) 3,879 4,446
STERIS PLC (STE) 1,323 1,539
STRAUMANN HLDG AG 1,011 1,321
SUN COMMUNITIES INC (SUI) 3,669 3,563
SUNCOR ENERGY INC (SU) 6,799 7,401
SUZUKI MTR CORP ADR (SZKMY) 2,206 2,896
TAIWAN SMCNDCTR MFG CO LTD ADR (TSM) 15,645 20,488
TELEDYNE TECH INC (TDY) 9,849 10,700
TENCENT HLDGS LTD UNSPON ADR (TCEHY) 13,615 11,450
TERADYNE INC (TER) 3,958 4,775
TERRENO RLTY CORP 870 940
THALES UNSPONSORD ADR 4,335 4,198
THOR INDUSTRIES INC (THO) 2,621 3,784
TOWNEBANK VA (TOWN) 975 1,023
TRANSDIGM GROUP INC (TDG) 6,417 10,940
TRAVELERS COMPANIES INC COM (TRV) 3,117 3,664
ULTA SALON COSMETICS & FRAG INC 1,171 1,470
UNILEVER PLC (NEW) ADS (UL) 9,878 9,648
UNION PACIFIC CORP (UNP) 7,522 8,842
UNITED UTILITIES GROUP SPONS ADR 2,672 2,882
UNIVERSAL HEALTH SERVICES B (UHS) 562 664
UNIVERSAL MUSIC GROUP NV ADR (UNVGY) 2,615 3,530
VICI PPTYS INC 2,467 2,742
VISA INC CL A (V) 10,509 12,629
WAL MART DE MEXICO SPONS ADR 2,751 3,162
WATSCO INC CL-A 2,835 4,713
WEG SA (BRAZIL) 3,399 4,513
WILLIAMS CO INC (WMB) 3,376 4,005
WILLIS TOWERS WATSON PUB LTD (WLTW) 2,048 2,171
WUXI BIOLOGICS CAYMAN INC 3,324 1,751
XCEL ENERGY INC 6,593 6,191
XINYI SOLAR HLDGS LTD ADR (XISHY) 1,831 848
XYLEM INC COM (XYL) 5,990 6,404
ZIMMER BIOMET HLDGS INC COM (ZBH) 2,157 2,168
ZOETIS INC CLASS-A (ZTS) 2,851 3,785
ZOZO INC 2,682 2,550
EDGEWOOD GROWTH INSTL 257,500 179,615
ISHARES CORE S & P 355,937 367,775
ISHARES CORE S&P MID-CAP ETF 99,709 99,774
DODGE & COX INTERNATIONAL STOCK FUND 70,000 71,899
HARDING LOEVNER INTERNATIONAL EQUITY 70,000 59,926
ISHARES CORE MSCI EAFE ETF 222,973 214,849
ALEXANDRIA REAL ESTATE EQUITIES INC 2,202 2,157
AMERICAN HOMES FOR RENT 1,901 2,230
AMERICAN TOWER REIT INC 10,824 9,527
APPLE HOSPITALITY REIT INC 534 548
BROADSTONE NET LEASE INC 866 901
DIAMONDROCK HOSPITAL 369 432
DIGITAL REALTY 2,075 2,692
EQUITY LIFESTYLE PROPERTIES REIT 4,512 4,814
FIRST INUDTRIAL REALTY TR 1,338 1,262
HEALTHCARE RLTY TR 4,121 3,550
INVENTRUST PPTYS CORP 362 380
REGENCY CENTERS CORPORATION 1,633 1,742
SIMON PPTY GROUP INC NEW 683 856
VENTAS INC 3,279 3,539
WELLTOWER INC 3,258 4,007
METLIFE INC 757 755
US BANCORP PFD SRS D 991 1,036
METLIFE INC 578 583
BLUEROCK TOTAL INCOME REAL EST 108,893 87,037
CREDIT SUISSE COMMODITY RETURN STRATEGY FUND 104,386 91,876
LEGG MASON GLOBAL ASET MGMT TR 84,230 93,588
NEUBERGER BERMAN INTRINSIC VALUE 55,384 61,436
PIMCO COMMODITY REALRETURN STRATEGY FUND 18,555 17,068
ENERGY SELECT SECTOR SPDR 44,824 54,161
ISHARES INC 26,029 21,430
ADOBE SYSTEMS INC 10,301 18,470
ALBEMARLE CORP 208 211
AMAZON COM INC 9,476 16,865
AMERICOLD REALTY TR 840 854
BAXTER INTL INC 5,511 4,407
BJS WHSL CLUB HOLDINGS INC 1,272 1,133
BLACKSTONE GROUP INC 4,585 7,724
BROWN & BROWN INC 1,049 1,055
BRUKER CORP 1,583 1,459
CAPITAL ONE FINL CORP 4,905 6,687
CARLYLE GROUP INC 981 1,245
CENCORA INC COM 907 1,324
CHAMPIONX CORPORATION 1,527 1,390
CHOICE HOTELS INTL INC 2,937 2,743
CISCO SYS INC 4,285 4,375
CITIZENS FINANCIAL GROUP 1,325 1,060
COSTCO WHOLESALE CORP NEW 1,440 1,980
COUSINS PPTYS INC 845 849
CRANE COMPANY COMMON STOCK 1,577 2,082
DARDEN RESTAURANTS INC 1,325 1,479
EDENRED S A 364 327
ENTEGRIS INC 1,094 1,917
ENVISTA HLDGS CORP 1,504 1,438
EPAM SYSTEMS INC 1,678 1,560
EQUINIX INC NEW 3,464 4,012
ESSENTIAL UTILS INC 383 388
FACTSET RESEARCH SYSTEMS INC 1,253 1,431
FIDELITY NATL INFORMATION SERVICES 4,024 3,484
FIRST CITIZENS BCSHS CL A 3,134 5,676
FNF GROUP 2,242 2,857
FORTREA HOLDINGS INC 711 733
GAMING LEISURE PROPERTIES 1,430 1,417
GLOBE LIFE INC 583 597
GOLDMAN SACHS GROUP INC 1,839 2,263
HEICO CORP NEW CL A 2,412 2,528
HOLOGIC INC 1,890 1,676
ILLUMINA INC 1,138 1,481
INTERCONTINENTAL EXCHANGE INC 1,474 1,798
INTERNATIONAL FLAVORS AND FRAGRENCES 1,107 1,135
INTUIT 6,566 10,626
L3HARRIS TECHNOLOGIES INC 4,783 5,063
LCI INDS 909 1,131
LOWES COS INC 4,980 5,264
NEWELL RUBBERMAID INC 1,310 790
NVIDA CORP 591 1,941
P G & E CORP 1,576 1,654
PERFICIENT INC 1,553 1,316
PNC FINANCIAL SERVICES GROUP 5,672 5,420
PUBLIC STORAGE INC 1,102 1,220
QIAGEN NV 592 629
QUALCOMM INC 5,828 7,376
QUALYS INC 1,328 2,360
QUEST DIAGNOSTICS INC 1,273 1,274
RALPH LAUREN CORPORATION 926 1,154
REALTY INCOME CORP REIT 391 431
RESMED INC 1,625 1,397
SCHEIN HENRY INC 1,543 1,701
SCOTTS CO CL A 2,236 2,550
SHOPIFY INC-CLASS A 1,081 1,468
SOUTHWEST AIRLINES CO 170 199
SYSCO CORP 5,506 5,222
TAKE-TWO INTERACTIVE SOFTWARE INC 1,082 1,573
TARGET CORP 859 1,071
US BANCORP NEW 4,914 6,405
VALVOLINE NC 1,248 1,243
VERALTO CORP SHS 1,184 1,138
VERIZON COMMUNICATIONS 3,325 3,232
WATERS CORP 1,588 2,105
WATTS WATER TECHNOLOGIES INC 1,522 1,748
WELLS FARGO & CO NEW 6,724 7,777
WERNER ENTERPRISES INC 1,465 1,529
WEST PHARMACEUTICAL SERVICE INC 926 1,408
WILLSCOT MOBIL MINI HLDNG CORP 1,323 1,113
ZEBRA TECHNOLOGIES CORP 4,131 4,100
ZUM WATER SOLUTIONS CORP 3,805 3,946
3I GROUP PLC 413 433
ADVANTEST CORP SPONS ADR 2,327 2,632
ARGENX SE 1,899 1,428
ASM INTL N V 3,636 5,218
ASML HOLDINGS NV 6,150 7,662
BANDAI NAMCO HLDGS INC 2,319 2,246
BRITISH AMEM TOB PLC SPNS ADR 3,544 2,855
CAPGEMINI S E 3,112 3,562
CAPITEC BANK HOLDINGS LTD ADR 1,818 2,555
COCA-COLA EUROPEAN PARTNERS 3,133 3,678
COVESTRO AG 2,673 3,185
EXPERIAN GROUP LTD SPONS ADR 2,284 2,260
FABRINET 1,251 1,247
FANUC LTD UNSPONS ADR 2,652 2,780
GILDAN ACTIVEWEAR INC-CL A 2,575 2,355
GLOBANT S A 3,578 4,736
HALMA PLC 1,948 2,340
ICON PLC (IRELAND) 3,551 5,032
ING GROEP NV SPONSORED ADR 3,925 4,566
KBC GROUP NV ADR NETHERLANDS 3,367 3,313
KERING-UNSPONSORED ADR 1,631 1,212
KONINKLIJKE PHILIPS ELECTRS NV-ADR 1,801 2,636
MEDTRONIC PLC 9,295 9,474
MICHELIN (CGDE) UNSPONS ADR 4,000 4,859
NICE SYSTEMS LTDSPONS ADR 1,134 1,917
NOMURA RESEARCH INSTITUTE LTD 3,995 4,941
NVENT ELECTRIC PLC 1,579 1,631
PERUSAHAAN PERSEROAN PERSERO ADR 2,020 2,164
PRUDENTIAL PLC-ADR 1,850 1,369
PT BK NEGARA INDONESIA PERSERO UNSPONSORD ADR 1,796 2,042
RENESAS ELECTRONICS CORP 2,642 3,531
SAFRAN AS ADR (FRANCE) 2,165 2,648
SAP AKTIENGESELLSCHAFT SPNS ADR 6,758 7,921
SHIN ETSU CHEMICAL CO UNSPONS ADR 4,230 4,638
SMC CORP ADR (JAPAN) 1,637 1,821
THOMSON REUTERS CORP. 1,745 2,193
TOKYO ELECTRON LTD UNSPONS ADR 3,027 4,000
VONOVIA SE 2,834 3,427
APARTMENT INCOME REIT CORP 850 866
AVALONBAY COMMUNITIES INC 2,593 2,996
EQUITY COMMONWEALTH 1,815 1,535
EQUITY RESIDENTIAL PROPERTIES TRUST 532 550
ESSEX PPTY TR INC COM 1,922 2,231
EXTRA SPACE STORAGE INC 3,300 3,803
INVITATION HOME INC 1,892 2,183
KILROY RLTY CORP 722 757
NATIONAL HEALTH INVESTORS INC 566 614
SABRA HEALTH CARE REIT INC 877 970
SAUL CENTERS INC 157 157
SCHWAB CHARLES CORP 746 778
CAPITAL SER TR 69,097 75,650
MANAGED PORTFOLIO SERIES 152,500 126,440
MORGAN STANLEY INST GROWTH 83,039 118,955
ISHARES CORE MSCI EMERGING 35,557 37,328
ISHARES S&P 500 VALUE INDEX ETF 102,188 117,028

TY 2023 InvestmentsOtherSchedule2
Name:
THE WARREN FOUNDATION INC
EIN:
81-3604563
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
FRANCISCO PARTNERS V LP AT COST 144,215 269,664
FRANCISCO PARTNERS VI LP AT COST 179,391 220,874
FRAZIER HEALTHCARE GROWTH BUYOUT FUND IX LP AT COST 183,439 372,850
INDUSTRY VENTURES PARTNERSHIP HOLDINGS V LP AT COST 210,652 458,956
ORBIMED ASIA PARTNERS IV LP AT COST 165,983 193,738
TORTOISE MLP & PIPELINE FUND AT COST 64,398 80,670
VANGUARD REAL ESTATE ETF AT COST 247,265 194,392
ASICS CORPORATION AT COST 1,916 3,391
BLACKSTONE BCRED AT COST 100,000 99,802
CPG VINTAGE ACCESS FUND II AT COST 53,082 52,050
CPG VINTAGE ACCESS FUND LLC AT COST 59,250 81,429
CPG VINTAGE ACCESS FUND V AT COST 18,796 17,956
ARES REIT CL S AT COST 75,000 69,164
NH PIF CLASS S AT COST 100,000 98,036
PARTNERS GROUP PE - A AT COST 83,121 86,532
CPG VINTAGE ACCESS FUND VI AT COST 15,086 14,738
HP WMA SEALS LTD - CLASS B AT COST 100,000 103,715
OAKTREE STRATEGIC CF - S AT COST 40,000 40,051
ICAP ACCESS IIF LTD AT COST 100,000 100,000

TY 2023 LegalFeesSchedule
Name:
THE WARREN FOUNDATION INC
EIN:
81-3604563
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 7,079 3,539   3,540


TY 2023 OtherAssetsSchedule
Name:
THE WARREN FOUNDATION INC
EIN:
81-3604563
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
3398 MEADOWLARK PROMISSORY NOTE 58,458 0 0
3416 MEADOWLARK PROMISSORY NOTE 58,458 0 0
614 BROAD STREET 26,811 17,378 17,378
2055 POPE ROAD 111,591 99,186 99,186
412 E. EDGERTON 88,179 0 0
206 S. MAGNOLIA 92,068 89,965 89,965
130 HAPPY TRAILS 42,156 39,763 39,763
105 DOGWOOD KNOLL 103,192 101,606 101,606
1989 US HWY 301 N 87,603 83,265 83,265
5155 FAIRGROUND RD 92,725 90,329 90,329
610 S. ELM ST 161,545 153,812 153,812
711 W CUMBERLAND 144,221 138,172 138,172
610 S. ELM ST - 2ND NOTE 6,735 0 0
711 W CUMBERLAND - 2ND NOTE 15,000 0 0


TY 2023 OtherDecreasesSchedule
Name:
THE WARREN FOUNDATION INC
EIN:
81-3604563
Description Amount
TAX BASIS ADJUSTMENT 330,279


TY 2023 OtherExpensesSchedule
Name:
THE WARREN FOUNDATION INC
EIN:
81-3604563
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 5,844 2,922   2,922
BASE FEES 617 308   309
OTHER EXPENSES 7,143 3,571   3,572
AGENCY FEES 30,000 15,000   15,000
ORDINARY LOSS FROM FRAZIER HEALTHCARE 616 616   0
OTHER DEDUCTIONS FROM FRAZIER HEALTHCARE 6,175 6,175   0
NONDEDUCTIBLE EXPENSES FROM FRAZIER HEALTHCARE 76 0   0
OTHER DEDUCTIONS FROM ORBIMED ASIA PARTNERS 4,744 4,744   0
ORDINARY LOSS FROM FRANCISCO V 27 27   0
OTHER DEDUCTIONS FROM FRANCISCO V 1,269 1,269   0
NONDEDUCTIBLE EXPENSES FROM FRANCISCO V 10 0   0
ORDINARY LOSS FROM FRANCISCO VI 1,680 1,680   0
OTHER DEDUCTIONS FROM FRANCISCO VI 442 442   0
NONDEDUCTIBLE EXPENSES FROM FRANCISCO VI 18 0   0
OTHER DEDUCTIONS FROM INDUSTRY VENTURES 6,301 6,301   0


TY 2023 OtherIncomeSchedule2
Name:
THE WARREN FOUNDATION INC
EIN:
81-3604563
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTIES FROM PASSTHROUGH - FRANCISCO V 118 118 118
ROYALTIES FROM PASSTHROUGH - FRANCISCO VI 14 14 14
PASSTHROUGH INCOME - INDUSTRY VENTURES 144 144 144


TY 2023 OtherProfessionalFeesSchedule
Name:
THE WARREN FOUNDATION INC
EIN:
81-3604563
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 42,015 42,015   0


TY 2023 TaxesSchedule
Name:
THE WARREN FOUNDATION INC
EIN:
81-3604563
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAXES 1,900 0   0
FOREIGN TAXES 3,326 3,326   0