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
W P CAREY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)395 9TH AVE 58TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10001
A Employer identification number

13-3597510
B Telephone number (see instructions)

(212) 492-1108
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$527,928,410J 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) 1,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 24,433,647 24,433,647  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -166,655
b Gross sales price for all assets on line 6a 83,048,016
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
25,101 25,101  
12 Total. Add lines 1 through 11........ 24,293,093 24,458,748  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 170,000 0   170,000
14 Other employee salaries and wages...... 11,200 0   11,200
15 Pension plans, employee benefits....... 18,806 0   18,806
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
36,881 0   36,881
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
52,076 0   52,076
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
45,000 0   45,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
358,575 38,327   15,248
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 33,760 0   33,760
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,399,633 1,376,449   23,184
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,125,931 1,414,776   406,155
25 Contributions, gifts, grants paid....... 25,170,367 25,170,367
26 Total expenses and disbursements. Add lines 24 and 25 27,296,298 1,414,776   25,576,522
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,003,205
b Net investment income (if negative, enter -0-) 23,043,972
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............. 126,579 104,303 104,303
2 Savings and temporary cash investments......... 1,409,527 572,815 572,815
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) 57,459,486 Click to see attachment
List of Attached Documents:
// Content
83,893,038 		83,893,038
b Investments—corporate stock (attach schedule)....... 393,877,394 Click to see attachment
List of Attached Documents:
// Content
340,630,442 		340,630,442
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 88,166,216 Click to see attachment
List of Attached Documents:
// Content
102,727,812 		102,727,812
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 541,039,202 527,928,410 527,928,410
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 541,039,202 527,928,410
29 Total net assets or fund balances (see instructions)..... 541,039,202 527,928,410
30 Total liabilities and net assets/fund balances (see instructions). 541,039,202 527,928,410
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
541,039,202
2
Enter amount from Part I, line 27a .....................
2
-3,003,205
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
9,317,760
4
Add lines 1, 2, and 3 ..........................
4
547,353,757
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
19,425,347
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
527,928,410
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 ADOBE INC P 2020-05-12 2023-05-30
b ADOBE INC P 2022-07-12 2023-05-30
c ADOBE INC P 2022-05-16 2023-05-30
d ADOBE INC P 2020-05-12 2023-06-05
e AGEX THERAPEUTICS INC P 2021-05-17 2023-05-09
AGEX THERAPEUTICS INC P 2019-02-15 2023-05-08
AGEX THERAPEUTICS INC P 2021-11-16 2023-05-09
AGEX THERAPEUTICS INC P 2019-02-15 2023-05-09
ALARM.COM HOLDINGS INC P 2023-02-14 2023-05-08
ALARM.COM HOLDINGS INC P 2019-11-14 2023-05-08
AMERICAN TOWER CORP P 2019-01-02 2023-05-31
AMERICAN TOWER CORP P 2019-01-02 2023-05-26
AMERICAN TOWER CORP P 2019-01-02 2023-06-01
AMERICAN TOWER CORP P 2023-02-14 2023-05-26
AMERICAN TOWER CORP P 2021-02-11 2023-05-26
AMERICAN TOWER CORP P 2019-08-14 2023-05-26
AMERICAN TOWER CORP P 2019-05-15 2023-05-26
AMERICAN TOWER CORP P 2019-11-14 2023-05-26
AMERICAN TOWER CORP P 2019-02-15 2023-05-26
AUTOMATIC DATA PROCESSING P 2021-08-17 2023-03-06
BLACKROCK INC P 2021-08-17 2023-02-23
BLACKROCK INC P 2021-08-17 2023-02-06
BOEING CO/THE P 2021-10-19 2023-02-21
BROOKFIELD ASSET MGMT-A P 2022-05-16 2023-05-08
BROOKFIELD ASSET MGMT-A P 2020-02-18 2023-05-08
BROOKFIELD ASSET MGMT-A P 2019-11-14 2023-05-08
BROOKFIELD ASSET MGMT-A P 2023-02-14 2023-05-08
BROOKFIELD ASSET MGMT-A P 2020-11-16 2023-05-08
BROOKFIELD ASSET MGMT-A P 2023-04-03 2023-05-08
BROOKFIELD ASSET MGMT-A P 2022-07-12 2023-05-08
BROOKFIELD ASSET MGMT-A P 2020-05-12 2023-05-08
BROOKFIELD ASSET MGMT-A P 2020-08-12 2023-05-08
BROOKFIELD CORP P 2019-11-14 2023-05-17
BROOKFIELD CORP P 2023-02-14 2023-05-17
BROOKFIELD CORP P 2020-11-16 2023-05-17
BROOKFIELD CORP P 2022-05-16 2023-05-17
BROOKFIELD CORP P 2022-07-12 2023-05-17
BROOKFIELD CORP P 2020-02-18 2023-05-17
BROOKFIELD CORP P 2023-04-03 2023-05-17
BROOKFIELD CORP P 2020-05-12 2023-05-17
BROOKFIELD CORP P 2020-08-12 2023-05-17
CARMAX INC P 2019-01-02 2023-05-15
CARMAX INC P 2019-05-15 2023-05-15
CARMAX INC P 2019-01-02 2023-05-30
CIMPRESS PLC P 2019-01-02 2023-05-09
CIMPRESS PLC P 2019-01-02 2023-05-10
CIMPRESS PLC P 2020-11-17 2023-05-10
CIMPRESS PLC P 2022-05-17 2023-05-10
CIMPRESS PLC P 2020-02-18 2023-05-09
CIMPRESS PLC P 2022-08-16 2023-05-10
CIMPRESS PLC P 2021-11-16 2023-05-10
CIMPRESS PLC P 2021-05-17 2023-05-09
CIMPRESS PLC P 2021-08-17 2023-05-10
CISCO SYSTEMS INC P 2022-03-31 2023-03-20
CONSTELLATION SOFTWARE INC P 2022-02-16 2023-05-19
COSTAR GROUP INC P 2020-02-18 2023-05-12
COSTAR GROUP INC P 2020-05-12 2023-05-12
COSTAR GROUP INC P 2020-08-12 2023-05-12
COSTAR GROUP INC P 2022-05-16 2023-05-12
COSTAR GROUP INC P 2022-07-12 2023-05-12
COSTAR GROUP INC P 2023-02-14 2023-05-12
COSTAR GROUP INC P 2021-05-14 2023-05-12
CREDIT ACCEPTANCE CORP P 2019-01-02 2023-06-07
CREDIT ACCEPTANCE CORP P 2019-01-02 2023-06-05
CREDIT ACCEPTANCE CORP P 2020-08-17 2023-06-02
CREDIT ACCEPTANCE CORP P 2019-11-15 2023-06-02
CREDIT ACCEPTANCE CORP P 2020-11-17 2023-06-08
CREDIT ACCEPTANCE CORP P 2019-11-15 2023-06-05
CREDIT ACCEPTANCE CORP P 2022-02-15 2023-06-02
CREDIT ACCEPTANCE CORP P 2019-01-02 2023-06-08
CREDIT ACCEPTANCE CORP P 2019-01-02 2023-06-06
CREDIT ACCEPTANCE CORP P 2019-05-16 2023-06-02
CREDIT ACCEPTANCE CORP P 2021-08-17 2023-06-02
CREDIT ACCEPTANCE CORP P 2019-08-15 2023-06-02
ETF WORLD GOLD TR BE P 2021-04-20 2023-09-20
GLOBAL INDUSTRIAL CO P 2021-08-17 2023-05-08
GLOBAL INDUSTRIAL CO P 2022-08-16 2023-05-08
GLOBAL INDUSTRIAL CO P 2022-02-15 2023-05-08
GLOBAL INDUSTRIAL CO P 2019-01-02 2023-05-08
GLOBAL INDUSTRIAL CO P 2021-05-17 2023-05-08
GLOBAL INDUSTRIAL CO P 2020-11-17 2023-05-08
GRINDR INC P 2023-02-15 2023-05-09
HUMACYTE INC P 2022-05-17 2023-05-08
HUMACYTE INC P 2022-02-15 2023-05-08
INTEL CORP P 2021-08-17 2023-02-06
ISHARES GOLD TRUST MICRO P 2022-07-22 2023-01-10
ISHARES GOLD TRUST MICRO P 2022-07-22 2023-10-16
ISHARES MSCI EMR MRK EX CHNA P 2022-10-13 2023-01-10
JPMORGAN CHASE & CO P 2021-08-17 2023-02-21
KKR & CO INC P 2021-12-15 2023-05-23
KKR & CO INC P 2019-02-15 2023-05-24
KKR & CO INC P 2022-05-16 2023-05-23
KKR & CO INC P 2023-02-14 2023-05-23
KKR & CO INC P 2022-07-12 2023-05-23
KKR & CO INC P 2021-02-11 2023-05-23
KKR & CO INC P 2021-05-14 2023-05-23
KKR & CO INC P 2019-05-15 2023-05-24
KKR & CO INC P 2019-11-14 2023-05-24
KKR & CO INC P 2020-11-16 2023-05-24
KKR & CO INC P 2020-11-16 2023-05-23
KKR & CO INC P 2019-01-02 2023-05-24
KKR & CO INC P 2019-08-14 2023-05-24
KKR & CO INC P 2020-05-12 2023-05-24
LINEAGE CELL THERAPEUTICS INC P 2021-05-17 2023-05-08
LINEAGE CELL THERAPEUTICS INC P 2021-11-16 2023-05-08
LINEAGE CELL THERAPEUTICS INC P 2019-01-02 2023-05-08
LINEAGE CELL THERAPEUTICS INC P 2019-05-16 2023-05-08
LUMINE GROUP INC P 2023-03-07 2023-05-10
MASTERCARD INC P 2023-02-14 2023-06-08
MASTERCARD INC P 2023-02-21 2023-06-08
MASTERCARD INC P 2022-12-06 2023-06-08
MCDONALD'S CORP P 2021-10-19 2023-02-06
MCDONALD'S CORP P 2022-03-08 2023-02-06
MEDTRONIC PLC P 2020-07-13 2023-02-21
MEDTRONIC PLC P 2020-07-07 2023-02-21
MICROSOFT CORP P 2020-07-07 2023-03-20
MOODY'S CORP P 2021-12-22 2023-05-25
MOODY'S CORP P 2021-12-22 2023-05-22
MOODY'S CORP P 2021-12-22 2023-05-24
MOODY'S CORP P 2021-12-22 2023-05-30
MOODY'S CORP P 2023-02-14 2023-06-01
MOODY'S CORP P 2022-07-12 2023-06-01
MOODY'S CORP P 2021-12-22 2023-06-01
MOODY'S CORP P 2022-05-16 2023-06-01
NET LEASE OFFICE PROPERTY P 2023-10-27 2023-10-27
NET LEASE OFFICE PROPERTY P 2023-10-27 2023-11-29
O'REILLY AUTOMOTIVE INC P 2022-12-06 2023-05-11
O'REILLY AUTOMOTIVE INC P 2022-12-06 2023-05-10
PAYPAL HOLDINGS INC P 2022-08-30 2023-03-30
ROPER TECHNOLOGIES INC P 2019-01-02 2023-05-16
ROPER TECHNOLOGIES INC P 2023-02-14 2023-05-16
ROPER TECHNOLOGIES INC P 2022-07-12 2023-05-16
ROPER TECHNOLOGIES INC P 2019-08-14 2023-05-16
ROPER TECHNOLOGIES INC P 2020-11-16 2023-05-16
ROPER TECHNOLOGIES INC P 2019-05-15 2023-05-16
ROPER TECHNOLOGIES INC P 2019-01-02 2023-06-06
ROPER TECHNOLOGIES INC P 2022-05-16 2023-05-16
ROPER TECHNOLOGIES INC P 2019-11-14 2023-05-16
SOUTHERN COPPER CORP P 2017-10-12 2023-10-27
TOPICUS.COM INC P 2022-02-16 2023-05-15
TOPICUS.COM INC P 2022-07-14 2023-05-15
TOPICUS.COM INC P 2023-04-03 2023-05-15
U S A TREAS BILLS 12/05/2023 P 2023-11-17 2023-12-05
U S A TREAS NOTES 0.125% 12/15/2023 P 2023-11-17 2023-12-15
U S A TREAS NOTES 1.125% 02/28/2027 P 2021-11-23 2023-01-10
U S A TREAS NOTES 1.125% 02/28/2027 P 2021-11-23 2023-10-10
U S A TREAS NOTES 1.375% 06/30/2023 P 2023-04-03 2023-06-30
U S A TREAS NOTES 2.25% 11/15/2025 P 2021-11-23 2023-01-10
U S A TREAS NOTES 2.75% 11/15/2023 P 2023-03-21 2023-11-08
U S A TREAS NOTES 2.75% 11/15/2023 P 2023-02-06 2023-11-08
U S A TREAS NOTES 2.75% 11/15/2023 P 2022-12-27 2023-11-15
U S A TREAS NOTES 2.75% 11/15/2023 P 2023-03-06 2023-11-15
U S A TREAS NOTES 2.75% 11/15/2023 P 2022-12-06 2023-11-15
U S A TREAS NOTES 2.75% 11/15/2023 P 2023-02-21 2023-11-15
U S A TREAS NOTES 2.75% 11/15/2023 P 2023-03-30 2023-11-06
U S A TREAS NOTES 2.75% 11/15/2023 P 2023-03-21 2023-11-06
U S A TREAS NOTES 2.75% 11/15/2023 P 2022-12-13 2023-11-15
U S A TREAS NOTES 2.75% 11/15/2023 P 2023-02-06 2023-11-15
U S A TREAS NOTES 2.75% 11/15/2023 P 2023-03-30 2023-10-02
UNITED PARCEL SERVICE P 2021-08-17 2023-03-30
USA TREAS NOTES 2.250% 11/15/2024 P 2021-11-23 2023-01-10
VERALTO CORP P 2023-10-02 2023-10-13
VERISIGN INC P 2020-07-07 2023-01-27
VERISIGN INC P 2021-01-19 2023-01-27
VERISIGN INC P 2021-04-20 2023-01-27
VERISIGN INC P 2020-07-21 2023-01-27
VISA INC P 2022-02-03 2023-05-18
VISA INC P 2021-10-19 2023-02-21
VISA INC P 2022-02-03 2023-06-02
VISA INC P 2022-02-03 2023-06-08
VISA INC P 2022-03-21 2023-06-08
VISA INC P 2021-10-19 2023-05-18
VISA INC P 2023-02-14 2023-06-08
WALMART INC P 2020-07-07 2023-01-27
WALMART INC P 2020-07-13 2023-01-27
WALMART INC P 2021-04-20 2023-01-27
WAYFAIR INC P 2019-01-02 2023-06-06
WAYFAIR INC P 2019-01-02 2023-06-08
WAYFAIR INC P 2020-05-18 2023-05-30
WAYFAIR INC P 2019-01-02 2023-06-05
WAYFAIR INC P 2020-05-18 2023-06-02
WAYFAIR INC P 2022-08-16 2023-06-08
WAYFAIR INC P 2022-02-15 2023-06-02
WAYFAIR INC P 2019-08-15 2023-06-02
WAYFAIR INC P 2022-05-17 2023-06-08
WAYFAIR INC P 2019-02-15 2023-06-02
WAYFAIR INC P 2019-08-15 2023-06-05
WORLD ACCEPTANCE CORP P 2019-01-02 2023-05-09
WORLD ACCEPTANCE CORP P 2019-01-02 2023-05-08
WORLD ACCEPTANCE CORP P 2019-05-16 2023-05-08
WORLD ACCEPTANCE CORP P 2020-08-17 2023-05-09
WORLD ACCEPTANCE CORP P 2021-05-17 2023-05-08
WORLD ACCEPTANCE CORP P 2021-11-16 2023-05-08
WORLD ACCEPTANCE CORP P 2019-02-15 2023-05-08
WORLD ACCEPTANCE CORP P 2019-11-15 2023-05-09
WORLD ACCEPTANCE CORP P 2022-05-17 2023-05-08
WORLD ACCEPTANCE CORP P 2022-08-16 2023-05-08
WORLD ACCEPTANCE CORP P 2020-11-17 2023-05-08
YELP INC P 2019-01-02 2023-05-08
ADOBE INC P 2020-11-16 2023-04-03
ADOBE INC P 2022-05-16 2023-04-03
ADOBE INC P 2021-05-14 2023-04-03
ADOBE INC P 2021-05-14 2023-02-14
CARMAX INC P 2020-05-12 2023-04-03
CARMAX INC P 2022-05-16 2023-02-14
CARMAX INC P 2019-05-15 2023-04-03
CARMAX INC P 2019-08-14 2023-02-14
CARMAX INC P 2019-11-14 2023-02-14
CARMAX INC P 2020-05-12 2023-02-14
O'REILLY AUTOMOTIVE INC P 2022-12-06 2023-02-14
SALESFORCE INC P 2021-08-16 2023-02-14
SALESFORCE INC P 2022-05-16 2023-02-14
SALESFORCE INC P 2022-07-12 2023-02-14
SALESFORCE INC P 2022-10-03 2023-02-14
SNOWFLAKE INC P 2022-10-03 2023-02-14
U S A TREAS BILLS 03/30/2023 P 2022-09-29 2023-03-30
VERISK ANALYTICS INC P 2019-01-02 2023-02-14
VERISK ANALYTICS INC P 2022-05-16 2023-02-14
VERISK ANALYTICS INC P 2022-07-12 2023-02-14
VERISK ANALYTICS INC P 2019-11-14 2023-02-14
VERISK ANALYTICS INC P 2019-01-02 2023-04-03
YELP INC P 2019-01-02 2023-02-15
YELP INC P 2022-08-16 2023-02-15
YELP INC P 2019-11-15 2023-02-15
(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 85,488   75,682 9,806
b 82,152   73,608 8,544
c 79,650   76,708 2,942
d 748,215   632,040 116,175
e 81   181 -100
57   441 -384
34   50 -16
206   1,631 -1,425
9,749   11,353 -1,604
1,058   1,037 21
998,902   858,414 140,488
638,351   546,888 91,463
335,597   279,999 55,598
186,550   218,973 -32,423
46,637   59,033 -12,396
36,982   44,743 -7,761
31,699   34,710 -3,011
63,580   73,513 -9,933
4,737   4,588 149
1,000,122   951,297 48,825
506,678   661,957 -155,279
779,766   949,686 -169,920
495,663   517,273 -21,610
15,915   17,741 -1,826
13,446   14,201 -755
129,173   115,359 13,814
33,905   36,406 -2,501
23,914   21,692 2,222
17,381   16,910 471
15,866   16,558 -692
3,382   2,662 720
486   393 93
482,377   485,780 -3,403
310,286   368,162 -57,876
89,303   91,346 -2,043
59,433   74,710 -15,277
59,248   69,725 -10,477
50,214   59,801 -9,587
27,412   28,700 -1,288
12,630   11,208 1,422
1,813   1,655 158
248,489   218,927 29,562
32,282   34,764 -2,482
413,238   355,671 57,567
294,451   696,134 -401,683
267,223   650,062 -382,839
58,246   109,943 -51,697
28,170   29,291 -1,121
22,475   59,549 -37,074
14,648   15,897 -1,249
10,444   21,214 -10,770
8,607   20,368 -11,761
6,977   14,574 -7,597
499,633   556,066 -56,433
995,126   826,547 168,579
360,901   353,574 7,327
211,299   185,330 25,969
170,941   187,583 -16,642
123,545   93,189 30,356
76,149   60,651 15,498
70,084   71,322 -1,238
53,162   57,992 -4,830
807,187   613,614 193,573
142,587   115,558 27,029
116,899   117,997 -1,098
115,490   107,671 7,819
90,548   55,383 35,165
57,035   52,522 4,513
25,821   30,518 -4,697
857,662   649,437 208,225
802,718   625,941 176,777
205,629   207,781 -2,152
38,966   47,372 -8,406
3,756   3,697 59
300,045   278,440 21,605
4,183   6,894 -2,711
3,669   5,230 -1,561
1,332   1,860 -528
107,929   102,801 5,128
4,860   7,009 -2,149
2,430   2,811 -381
62,252   62,442 -190
11,379   10,375 1,004
152   173 -21
250,555   449,889 -199,334
3,198,314   2,949,370 248,944
500,489   451,201 49,288
11,255,892   10,086,511 1,169,381
396,503   447,070 -50,567
529,140   742,808 -213,668
245,965   117,662 128,303
147,117   146,185 932
143,015   162,673 -19,658
75,943   69,333 6,610
51,073   48,383 2,690
48,509   52,585 -4,076
18,189   8,833 9,356
8,330   5,025 3,305
5,274   4,082 1,192
2,410   1,793 617
207,222   81,985 125,237
30,610   15,264 15,346
18,731   10,077 8,654
642   961 -319
401   660 -259
8,102   5,372 2,730
1,684   1,368 316
51,534   63,072 -11,538
271,409   271,844 -435
409,326   397,484 11,842
18,438   17,350 1,088
546,317   500,564 45,753
430,351   369,500 60,851
418,117   457,221 -39,104
375,277   407,841 -32,564
499,238   392,957 106,281
1,000,724   1,272,566 -271,842
998,543   1,233,229 -234,686
499,464   635,300 -135,836
248,046   311,159 -63,113
206,718   199,284 7,434
97,411   83,283 14,128
28,934   35,404 -6,470
322,775   287,962 34,813
22,547   19,855 2,692
9     9
1,131,934   981,579 150,355
609,280   526,701 82,579
396,255   490,367 -94,112
583,235   335,892 247,343
109,672   101,734 7,938
79,386   67,520 11,866
41,758   32,153 9,605
29,827   26,156 3,671
3,671   2,808 863
518,521   301,800 216,721
126,650   118,260 8,390
25,697   19,589 6,108
859,294   507,306 351,988
640,143   660,901 -20,758
124,122   102,161 21,961
112,941   113,260 -319
1,796,038   1,796,038 0
1,800,000   1,800,000 0
4,476,304   4,919,259 -442,955
444,728   494,199 -49,471
1,870,000   1,870,000 0
2,668,422   2,888,296 -219,874
568,667   568,667 0
1,929,869   1,929,869 0
1,770,000   1,770,000 0
1,510,000   1,510,000 0
1,423,000   1,423,000 0
750,000   750,000 0
700,452   700,452 0
483,622   483,622 0
305,000   305,000 0
102,000   102,000 0
448,522   448,522 0
595,427   616,372 -20,945
2,064,274   2,197,584 -133,310
50     50
1,969,993   1,946,492 23,501
691,134   619,818 71,316
130,242   124,821 5,421
105,154   99,799 5,355
919,316   914,486 4,830
398,781   419,345 -20,564
399,397   404,280 -4,883
171,518   177,161 -5,643
93,148   90,356 2,792
79,981   80,008 -27
34,707   35,443 -736
810,160   677,079 133,081
272,144   253,107 19,037
109,342   108,295 1,047
199,942   369,193 -169,251
200,926   362,763 -161,837
101,862   431,358 -329,496
94,930   189,441 -94,511
62,551   237,506 -174,955
31,598   45,806 -14,208
18,281   59,855 -41,574
16,431   40,723 -24,292
6,821   7,176 -355
5,286   14,490 -9,204
5,128   12,337 -7,209
622,483   599,445 23,038
92,399   87,308 5,091
50,932   61,037 -10,105
32,396   25,224 7,172
23,551   31,178 -7,627
20,057   40,286 -20,229
9,353   9,563 -210
2,432   2,083 349
47,664   62,200 -14,536
25,353   31,557 -6,204
23,663   22,496 1,167
297,875   367,826 -69,951
1,900   2,323 -423
32,675   34,539 -1,864
45,973   58,415 -12,442
149,916   194,554 -44,638
65,599   79,484 -13,885
47,608   59,058 -11,450
18,872   22,409 -3,537
18,850   21,542 -2,692
36,656   47,355 -10,699
5,662   5,952 -290
528,005   509,364 18,641
757,524   1,100,440 -342,916
84,977   82,339 2,638
131,435   129,269 2,166
16,387   14,410 1,977
330,216   343,363 -13,147
1,836,292   1,836,292 0
660,505   402,826 257,679
83,026   80,831 2,195
50,591   49,808 783
9,695   7,705 1,990
13,733   7,740 5,993
33,634   36,769 -3,135
15,219   18,064 -2,845
1,329   1,459 -130
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       9,806
b       8,544
c       2,942
d       116,175
e       -100
      -384
      -16
      -1,425
      -1,604
      21
      140,488
      91,463
      55,598
      -32,423
      -12,396
      -7,761
      -3,011
      -9,933
      149
      48,825
      -155,279
      -169,920
      -21,610
      -1,826
      -755
      13,814
      -2,501
      2,222
      471
      -692
      720
      93
      -3,403
      -57,876
      -2,043
      -15,277
      -10,477
      -9,587
      -1,288
      1,422
      158
      29,562
      -2,482
      57,567
      -401,683
      -382,839
      -51,697
      -1,121
      -37,074
      -1,249
      -10,770
      -11,761
      -7,597
      -56,433
      168,579
      7,327
      25,969
      -16,642
      30,356
      15,498
      -1,238
      -4,830
      193,573
      27,029
      -1,098
      7,819
      35,165
      4,513
      -4,697
      208,225
      176,777
      -2,152
      -8,406
      59
      21,605
      -2,711
      -1,561
      -528
      5,128
      -2,149
      -381
      -190
      1,004
      -21
      -199,334
      248,944
      49,288
      1,169,381
      -50,567
      -213,668
      128,303
      932
      -19,658
      6,610
      2,690
      -4,076
      9,356
      3,305
      1,192
      617
      125,237
      15,346
      8,654
      -319
      -259
      2,730
      316
      -11,538
      -435
      11,842
      1,088
      45,753
      60,851
      -39,104
      -32,564
      106,281
      -271,842
      -234,686
      -135,836
      -63,113
      7,434
      14,128
      -6,470
      34,813
      2,692
      9
      150,355
      82,579
      -94,112
      247,343
      7,938
      11,866
      9,605
      3,671
      863
      216,721
      8,390
      6,108
      351,988
      -20,758
      21,961
      -319
      0
      0
      -442,955
      -49,471
      0
      -219,874
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      -20,945
      -133,310
      50
      23,501
      71,316
      5,421
      5,355
      4,830
      -20,564
      -4,883
      -5,643
      2,792
      -27
      -736
      133,081
      19,037
      1,047
      -169,251
      -161,837
      -329,496
      -94,511
      -174,955
      -14,208
      -41,574
      -24,292
      -355
      -9,204
      -7,209
      23,038
      5,091
      -10,105
      7,172
      -7,627
      -20,229
      -210
      349
      -14,536
      -6,204
      1,167
      -69,951
      -423
      -1,864
      -12,442
      -44,638
      -13,885
      -11,450
      -3,537
      -2,692
      -10,699
      -290
      18,641
      -342,916
      2,638
      2,166
      1,977
      -13,147
      0
      257,679
      2,195
      783
      1,990
      5,993
      -3,135
      -2,845
      -130
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 -166,655
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) 1 320,311
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........................... 3 320,311
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- ..... 5 320,311
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 348,290
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.............. 7 348,290
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 27,979
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow27,979 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 arrowNY
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 arrowWWW.WPCAREYFOUNDATION.ORG
14
The books are in care ofright arrowSECRETARY Telephone no.right arrow (212) 492-1108

Located atright arrow395 9TH AVE 58TH FLOORNEW YORKNY ZIP+4right arrow10001
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
WILLIAM P CAREY II PRESIDENT/CHAIRMAN/TRUSTEE
6.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
ZACHARY J PACK CHIEF OPERATING OFFICER/DIRECTOR
1.00 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
JOHN D MILLER DIRECTOR
2.00 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
JULIANA K HARRIS SECRETARY/EXEC DIRECTOR/ASSI TREASURER
35.00 		170,000 18,806 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
RYAN WILLSMORE TREASURER
10.00 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
JOHN SAMUEL ARMSTRONG IV TRUSTEE
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
GWENDOLEN G BOND TRUSTEE
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
JASON E FOX TRUSTEE
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
MICHAEL H CARPENTER TRUSTEE
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
JOHN J PARK TRUSTEE
1.00 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
A PATTERSON PENDLETON III TRUSTEE
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
WILLIAM BAST DIRECTOR
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
RODNEY C BODEN DIRECTOR
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
CHARLOTTE H CAREY DIRECTOR
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
EMILY N CAREY DIRECTOR
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
J MEADE CAREY DIRECTOR
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
LAURA G CAREY DIRECTOR
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
SUSAN C HYDE DIRECTOR
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
FRANCES W MACMASTER DIRECTOR
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
DONALD F MACMASTER JR DIRECTOR
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
DOUGLAS S PARVIS DIRECTOR
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
JUSTIN B PATTERSON DIRECTOR
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
MARJORIE B TOMPKINS DIRECTOR
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
RICARDO A VASQUEZ DIRECTOR
0.50 		0 0 0
ONE MANHATTAN WEST 395 9TH AVE 58TH
FL
NEW YORK,NY10001
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
512,550,818
b
Average of monthly cash balances.......................
1b
1,270,801
c
Fair market value of all other assets (see instructions)................
1c
11,760,184
d
Total (add lines 1a, b, and c).........................
1d
525,581,803
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
525,581,803
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
7,883,727
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
517,698,076
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
25,884,904
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
25,884,904
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
320,311
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
320,311
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
25,564,593
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
25,564,593
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
25,564,593
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
25,576,522
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
25,576,522
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 25,564,593
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 48,325
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$ 25,576,522
a Applied to 2022, but not more than line 2a 48,325
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..... 25,528,197
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 .......... 		36,396
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

ADAPTIVE SPORTS FOUNDATION

PO BOX 266100 SILVERMAN WAY
WINDHAM,NY12496 		NONE   CHARITABLE 14,000

ADVENTURES IN LEARNING

PO BOX 1054
MANHASSET,NY110308054 		NONE   CHARITABLE 2,000

ALEXANDRIA HOUSE

426 S ALEXANDRIA AVE
LOS ANGELES,CA90020 		NONE   CHARITABLE 3,000

ALZHEIMER'S ASSOCIATION

225 N MICHIGAN AVE
CHICAGO,IL60601 		NONE   CHARITABLE 200

AMERICAN ENTERPRISE INSTITUTE

1789 MASSACHUSETTS AVENUE NW
WASHINGTON,DC20036 		NONE   CHARITABLE 33,000

AMERICAN FRIENDS OF MAGEN DAVID ADOM

20 W 36TH STREET SUITE 1100
NEW YORK,NY10018 		NONE   CHARITABLE 1,000

AMERICAN RED CROSS

PO BOX 37839
BOONE,IA500370839 		NONE   CHARITABLE 27,500

ARIZONA STATE UNIVERSITY

ASU FOUNDATION PO BOX 2260
TEMPE,AZ852802260 		NONE   CHARITABLE 6,000,000

AUTISM SPEAKS

1 EAST 33RD STREET
NEW YORK,NY10016 		NONE   CHARITABLE 4,000

BALTIMORE COMMUNITY FOUNDATION

PO BOX 37422
BALTIMORE,MD212973422 		NONE   CHARITABLE 5,000

BALTIMORE EDUCATIONAL SCHOLARSHIP TRUST

808 N CHARLES STREET
BALTIMORE,MD212015308 		NONE   CHARITABLE 2,500

BALTIMORE SCHOOL FOR THE ARTS FOUNDATION

712 CATHEDRAL STREET
BALTIMORE,MD21201 		NONE   CHARITABLE 10,000

BALTIMORE SYMPHONY ORCHESTRA

1212 CATHEDRAL STREET
BALTIMORE,MD21201 		NONE   CHARITABLE 5,000

BEACON COLLEGE

105 EAST MAIN STREET
LEESBURG,FL34748 		NONE   CHARITABLE 6,800

BEACON UNITARIAN UNIVERSALIST CONGREGATION

4 WALDRON AVE
SUMMIT,NJ07901 		NONE   CHARITABLE 70,000

BEYOND CELIAC

PO BOX 544
AMBLER,PA19002 		NONE   CHARITABLE 25,000

BILLION OYSTER PROJECT

10 SOUTH ST SLIP 7
NEW YORK,NY10004 		NONE   CHARITABLE 10,000

BOYS LATIN SCHOOL

822 WEST LAKE AVENUE
BALTIMORE,MD21210 		NONE   CHARITABLE 20,000

BRIGHAM YOUNG UNIVERSITY

730 N ELDON TANNER BLDG
PROVO,UT84602 		NONE   CHARITABLE 1,000

BROADWAY CARESEQUITY FIGHTS AIDS

165 W 46TH STREET SUITE 1300
NEW YORK,NY10036 		NONE   CHARITABLE 2,700

BROOKS SCHOOL

1160 GREAT POND RD
NORTH ANDOVER,MA01845 		NONE   CHARITABLE 1,000

BRYN MAWR SCHOOL

109 WEST MELROSE AVE
BALTIMORE,MD21210 		NONE   CHARITABLE 2,500

CALVERT SCHOOL

105 TUSCANY RD
BALTIMORE,MD21210 		NONE   CHARITABLE 510,000

CANCERCRUSHER FOUNDATION

4 BLACKPOINT HORSESHOE
RUMSON,NJ07760 		NONE   CHARITABLE 3,000

CATHOLIC CHARITIES

924 G STREET NW
WASHINGTON,DC20001 		NONE   CHARITABLE 2,000

CHESTNUT HILL CONSERVANCY

8708 GERMANTOWN AVE
PHILADELPHIA,PA19118 		NONE   CHARITABLE 2,500

CHILDREN'S HEALTH DEFENSE

852 FRANKLIN AVENUE SUITE 511
FRANKLIN LAKES,NJ07411 		NONE   CHARITABLE 700

CHRIST CHILD SOCIETY DC

5101 WISCONSIN AVE NW
WASHINGTON,DC20016 		NONE   CHARITABLE 10,000

CHRISTIAN CONGREG OF JEHOVAH'S WITNESSES

675 RED MILLS RD
WALLKILL,NY12589 		NONE   CHARITABLE 200

CITY HARVEST INC

150 52ND STREET
BROOKLYN,NY11232 		NONE   CHARITABLE 10,112

COLGATE UNIVERSITY

PO BOX 313
CANAJOHARIE,NY133170313 		NONE   CHARITABLE 5,000

COMPASSION NEUROSCIENCE

771 E BLVD SUITE 222
SOUTHLAKE,TX76092 		NONE   CHARITABLE 5,150

CONNELLY SCHOOL OF THE HOLY CHILD

9029 BRADLEY BLVD
POTOMAC,MD20854 		NONE   CHARITABLE 1,000

CROQUET FOUNDATION OF AMERICA

700 FLORIDA MANGO RD
WEST PALM BEACH,FL33406 		NONE   CHARITABLE 50,000

CURE SANFILIPPO FOUNDATION

PO BOX 6901
COLUMBIA,SC29260 		NONE   CHARITABLE 1,000

DESALES UNIVERSITY

2755 STATION AVE
CENTER VALLEY,PA18034 		NONE   CHARITABLE 2,000

DISTINCTLY HIS MINISTRIES

5500 CARUTH HAVEN LANE
DALLAS,TX75225 		NONE   CHARITABLE 2,000

EN HUYCK PRESERVE INC

PO BOX 189
RENSSELAERVILLE,NY12147 		NONE   CHARITABLE 30,000

ECOLE BILINGUE DE LA NOUVELLE-ORLEANS

812 GENERAL PERSHING STREET
NEW ORLEANS,LA70115 		NONE   CHARITABLE 500

EDUCARE DC

640 ANACOSTIA AVE NE
WASHINGTON,DC20019 		NONE   CHARITABLE 4,000

ENOUGH IS ENOUGH

66 POPLAR AVE
DEAL,NJ07723 		NONE   CHARITABLE 236

EPISCOPAL SCHOOL OF THE CITY OF NEW YORK

35 E 69TH STREET
NEW YORK,NY10021 		NONE   CHARITABLE 10,000

FERGUSON CHARITABLE FOUNDATION

123 WACKER DRIVE SUITE 2500
CHICAGO,IL60606 		NONE   CHARITABLE 20,000

FIDF

PO BOX 4224
NEW YORK,NY10163 		NONE   CHARITABLE 720

FIRST PRESBYTERIAN CHURCH OF GREENWICH

1 WEST PUTNAM AVE
GREENWICH,CT06830 		NONE   CHARITABLE 30,000

FRIENDS OF GRACE CHURCH SCHOOL

254 HICKS STREET
BROOKLYN,NY11201 		NONE   CHARITABLE 14,000

FRIENDS OF RYE NATURE CENTER

873 BOSTON POST RD
RYE,NY10580 		NONE   CHARITABLE 250

FRIENDS SEMINARY

222 E 16TH STREET
NEW YORK,NY10003 		NONE   CHARITABLE 25,000

GARRISON FOREST SCHOOL

300 GARRISON FOREST RD
OWINGS MILLS,MD21117 		NONE   CHARITABLE 1,000

GEORGETOWN UNIVERSITY

37TH AND 0 STS NW
WASHINGTON,DC200730734 		NONE   CHARITABLE 7,000

GERMANTOWN ACADEMY

340 MORRIS RD
FORT WASHINGTON,PA19034 		NONE   CHARITABLE 2,500

GIFT OF ADOPTION FUND

PO BOX 567
TECHNY,IL60082 		NONE   CHARITABLE 10,000

GILMAN SCHOOL

5407 ROLAND AVENUE
BALTIMORE,MD21210 		NONE   CHARITABLE 515,000

GLOBAL AUTISM PROJECT

252 3RD AVE
BROOKLYN,NY11215 		NONE   CHARITABLE 525

GREATER PITTSBURGH COMMUNITY FOOD BANK

1 N LINDEN STREET
DUQUESNE,PA15110 		NONE   CHARITABLE 200

GROTON SCHOOL

PO BOX 991
GROTON,MA014500991 		NONE   CHARITABLE 32,000

HAITIAN SUPPORT

3585 COUNTY ROAD 338
MELISSA,TX75454 		NONE   CHARITABLE 5,000

HARLEM ACADEMY

655 SAINT NICHOLAS AVE
NEW YORK,NY10030 		NONE   CHARITABLE 6,000

HARLEM GROWN INC

127 W 127 STREET ROOM 418
NEW YORK,NY10027 		NONE   CHARITABLE 2,000

HAYMAKERS FOR HOPE

100 N WASHINGTON ST 4TH FL
BOSTON,MA02114 		NONE   CHARITABLE 200

HILLEL FOUNDATION FOR JEWISH CAMPUS LIFE

HOFSTRA UNIVERSITY203 MACK STUDENT
CENTER
HEMPSTEAD,NY11549 		NONE   CHARITABLE 360

HILLSDALE COLLEGE

33 E COLLEGE STREET
HILLSDALE,MI49242 		NONE   CHARITABLE 24,000

HOMEFRONT INC

1880 PRINCETON AVE
LAWRENCEVILLE,NJ08648 		NONE   CHARITABLE 1,500

IRVINGTON CHILDRENS CENTER INC

PO BOX 81
IRVINGTON,NY10533 		NONE   CHARITABLE 2,000

JOHNS HOPKINS CAREY BUSINESS SCHOOL

3400 N CHARLES ST
BALTIMORE,MD21218 		NONE   CHARITABLE 1,500,000

JOURNEY TO LEAD INC

821 CHESAPEAKE AVE SUITE 5859
ANNAPOLIS,MD21403 		NONE   CHARITABLE 5,000

JUNIOR LEAGUE OF CITY OF NEW YORK

130 E 80TH STREET
NEW YORK,NY10075 		NONE   CHARITABLE 400

LINCOLN UNIVERSITY

1570 BALTIMORE PIKE
LINCOLN UNIVERSITY,PA19352 		NONE   CHARITABLE 700

LIVING CLASSROOMS FOUNDATION

1417 THAMES STREET
BALTIMORE,MD21231 		NONE   CHARITABLE 5,000

LUTHERAN WORLD RELIEF INC

PO BOX 17061
BALTIMORE,MD212971061 		NONE   CHARITABLE 2,000

MAHAIWE PERFORMING ARTS CENTER

PO BOX 690
GREAT BARRINGTON,MA01230 		NONE   CHARITABLE 15,000

MAINE COAST HERITAGE TRUST

1 BOWDOIN MILL ISLAND SUITE 201
TOPSHAM,ME04086 		NONE   CHARITABLE 310,000

MAUI FOOD BANK

760 KOLU STREET
WAILUKU,HI96793 		NONE   CHARITABLE 500

MEMORIAL SLOAN KETTERING CANCER CENTER

PO BOX 27432
NEW YORK,NY100877432 		NONE   CHARITABLE 52,700

MICA

1300 W MOUNT ROYAL AVE
BALTIMORE,MD212174134 		NONE   CHARITABLE 5,000

MIDDLEBURY COLLEGE

219 S MAIN STREET
MIDDLEBURY,VT05753 		NONE   CHARITABLE 2,000

MONMOUTH CONSERVATION FOUNDATION

PO BOX 4150
MIDDLETOWN,NJ07748 		NONE   CHARITABLE 4,000

MONTESSORI ASSOCIATION OF NEW YORK

THE CAEDMON SCHOOL 416 E 80TH
STREET
NEW YORK,NY10075 		NONE   CHARITABLE 1,000

MORRIS ARBORETUM

100 E NORTHWESTERN AVE
PHILADELPHIA,PA19118 		NONE   CHARITABLE 2,500

MUSCULAR DYSTROPHY ASSOCIATION

1016 W JACKSON BLVD SUITE 1073
CHICAGO,IL60607 		NONE   CHARITABLE 360

MUSEUM OF THE AMERICAN REVOLUTION

101 S 3RD STREET
PHILADELPHIA,PA19106 		NONE   CHARITABLE 20,000

NEW CANAAN COUNTRY SCHOOL

635 FROGTOWN RD
NEW CANAAN,CT06840 		NONE   CHARITABLE 10,100

NEW SKETE MONASTERIES

PO BOX 128
CAMBRIDGE,NY128160128 		NONE   CHARITABLE 2,000

NEW YORK HISTORICAL SOCIETY

170 CENTRAL PARK WESTAT RICHARD
GILDER WAY
NEW YORK,NY10024 		NONE   CHARITABLE 5,000

NEW YORK PRESBYTERIAN HOSPITAL

850 THIRD AVENUE 12TH FLOOR
NEW YORK,NY10022 		NONE   CHARITABLE 5,123,500

NEW YORK ROAD RUNNERS TEAM FOR KIDS

PO BOX 22171
NEW YORK,NY10087 		NONE   CHARITABLE 300

NOTRE DAME HIGH SCHOOL

601 LAWRENCE RD
LAWRENCEVILLE,NJ08648 		NONE   CHARITABLE 10,200

NYU LANGONE HOSPITALS

1 PARK AVE 5TH FLOOR
NEW YORK,NY10016 		NONE   CHARITABLE 200

PALISADES REGIONAL FIRE RESCUE

PO BOX 99
KINTNERSVILLE,PA18930 		NONE   CHARITABLE 20,000

PARENTS' ASSOC BRONX HIGH SCH OF SCIENCE

75 W 205TH STREET
BRONX,NY10468 		NONE   CHARITABLE 1,000

PARTNERSHIP TO END ADDICTION

711 THIRD AVE 5TH FLOOR
NEW YORK,NY10017 		NONE   CHARITABLE 900

PECONIC LAND TRUST

296 HAMPTON RD
SOUTHAMPTON,NY11968 		NONE   CHARITABLE 2,000

PEOPLE OF ACTION CARING FOR KIDS

4 MALL TERRACE
SAVANNAH,GA31406 		NONE   CHARITABLE 6,000

PHILADELPHIA MUSEUM OF ART

2600 BENJAMIN FRANKLIN PARKWAY
PHILADELPHIA,PA19130 		NONE   CHARITABLE 2,500

POMFRET SCHOOL

PO BOX 128
POMFRET,CT06258 		NONE   CHARITABLE 255,000

PROUTS NECK CONSERVANCY

499 BLACK POINT RD
SCARBOROUGH,ME04074 		NONE   CHARITABLE 2,500

RENSSELAERVILLE LIBRARY

PO BOX 188
RENSSELAERVILLE,NY12147 		NONE   CHARITABLE 25,000

RENSSELAERVILLE VOLUNTEER FIRE DEPT

PO BOX 134
RENSSELAERVILLE,NY12147 		NONE   CHARITABLE 25,000

RUMSON EDUCATION FOUNDATION

PO BOX 395
RUMSON,NJ07760 		NONE   CHARITABLE 5,000

SEPHARDIC BIKUR HOLIM

425 KINGS HIGHWAY
BROOKLYN,NY11223 		NONE   CHARITABLE 518

SINGLE PARENT RESOURCE CENTER INC

228 E 45TH ST 5TH FL
NEW YORK CITY,NY10017 		NONE   CHARITABLE 208

SPRINGSIDE CHESTNUT HILL ACADEMY

500 WEST WILLOW GROVE AVE
PHILADELPHIA,PA19118 		NONE   CHARITABLE 12,500

ST GEORGES BY THE RIVER EPISCOPAL CHURCH

7 LINCOLN AVE
RUMSON,NJ07760 		NONE   CHARITABLE 8,000

ST MARTIN'S IN THE FIELD

PO 274
BIDDEFORD POOL,ME04006 		NONE   CHARITABLE 7,500

ST MICHAEL'S EPISCOPAL SCHOOL

10510 HOBBY HILL RD
RICHMOND,VA23235 		NONE   CHARITABLE 25,000

ST THOMAS CHURCH GARRISON

232 ST THOMAS LANE
OWINGS MILLS,MD21117 		NONE   CHARITABLE 5,000

ST THOMAS CHURCH WHITEMARSH

7020 CAMP HILL ROAD
FORT WASHINGTON,PA19034 		NONE   CHARITABLE 2,500

STUDENT SPONSOR PARTNERS

90 BROAD STREET SUITE 400
NEW YORK,NY10004 		NONE   CHARITABLE 17,000

THE AMERICAN CANCER SOCIETY

132 E 32ND STREET
NEW YORK,NY10001 		NONE   CHARITABLE 13,300

THE BUCKLEY SCHOOL

113 E 73RD STREET
NEW YORK,NY10021 		NONE   CHARITABLE 25,000

THE COLUMBUS ACADEMY

4300 CHERRY BOTTOM RD
GAHANNA,OH43230 		NONE   CHARITABLE 15,000

THE FRIENDS OF CONKLING HALL INC

8 METHODIST HILL RD
RENSSELAERVILLE,NY12147 		NONE   CHARITABLE 25,000

THE HILL SCHOOL

130 S MADISON STPO BOX 65
MIDDLEBURG,VA201180065 		NONE   CHARITABLE 50,000

THE INNOCENCE PROJECT

40 WORTH STREET SUITE 701
NEW YORK,NY10013 		NONE   CHARITABLE 540

THE LAWRENCEVILLE SCHOOL

2500 MAIN STREET
LAWRENCEVILLE,NJ08648 		NONE   CHARITABLE 6,667

THE PENNINGTON SCHOOL

112 WEST DELAWARE AVE
PENNGINGTON,NJ08534 		NONE   CHARITABLE 15,000

THE TAFT SCHOOL

110 WOODBURY RD
WATERTOWN,CT06795 		NONE   CHARITABLE 1,000

THIRD OPTION FOUNDATION

12007 SUNRISE VALLEY DRIVE SUITE
105
RESTON,VA20191 		NONE   CHARITABLE 25,000

TIBET HOUSE US

22 W 15TH STREET
NEW YORK,NY10011 		NONE   CHARITABLE 20,000

TOWER HILL SCHOOL

255 HARDING RD
RED BANK,NJ07701 		NONE   CHARITABLE 15,000

TRENTON AREA SOUP KITCHEN

PO BOX 872
TRENTON,NJ08605 		NONE   CHARITABLE 1,500

TRINITY COLLEGE

300 SUMMIT STREET
HARTFORD,CT061063100 		NONE   CHARITABLE 17,000

TRINITY EPISCOPAL CHURCH RENSSELAERVILLE

PO BOX 86
RENSSELAERVILLE,NY12147 		NONE   CHARITABLE 25,000

TUNNEL TO TOWERS FOUNDATION

2361 HYLAN BLVDNEW YORK
STATEN ISLAND,NY10306 		NONE   CHARITABLE 400

US FUND FOR UNICEF

125 MAIDEN LANE
NEW YORK,NY10038 		NONE   CHARITABLE 10,000

UC SAN DIEGO FOUNDATION

9500 GILMAN DRIVE MC 0940
LA JOLLA,CA92093 		NONE   CHARITABLE 275,000

UJA FEDERATION OF NEW YORK INC

130 EAST 59TH STREET
NEW YORK,NY10022 		NONE   CHARITABLE 2,000

UNITED STATES SOCCER FOUNDATION INC

1140 CONNECTICUT AVE NW SUITE 1200
WASHINGTON,DC20036 		NONE   CHARITABLE 30,000

UNIVERSITY OF COLORADO FOUNDATION

PO BOX 17126
DENVER,CO802179155 		NONE   CHARITABLE 10,000

UNIVERSITY OF NOTRE DAME

1100 GRACE HALL
NOTRE DAME,IN46556 		NONE   CHARITABLE 30,000

UNIVERSITY OF PENNSYLVANIA

3451 WALNUT ST SUITE 305
PHILADELPHIA,PA19104 		NONE   CHARITABLE 9,347,927

UNIVERSITY PENNSYLVANIA - SCHOOL OF NURSING

418 CURIE BOULEVARD
PHILADELPHIA,PA191044217 		NONE   CHARITABLE 30,000

UNIVERSITY OF THE SOUTH - SEWANEE

735 UNIVERSITY AVENUE
SEWANEE,TN37383 		NONE   CHARITABLE 25,000

UNIVERSITY OF VIRGINIA

2420 OLD IVY RD
CHARLOTTESVILLE,VA229034827 		NONE   CHARITABLE 1,336

VASSAR COLLEGE

161 COLLEGE AVE
POUGHKEEPSIE,NY12603 		NONE   CHARITABLE 10,000

VILLANOVA UNIVERSITY

800 E LANCASTER AVE
VILLANOVA,PA19085 		NONE   CHARITABLE 5,000

VOLUNTEERS OF AMERICA - GREATER NY

135 W 50TH ST 9TH FL
NEW YORK,NY10020 		NONE   CHARITABLE 6,186

WATCHTOWER BIBLE AND TRACT SOCIETY OF NY

900 RED MILLS RD
WALLKILL,NY125895200 		NONE   CHARITABLE 900

WESTRICK MUSIC ACADEMY

231 CLARKSVILLE RD
PRINCETON JUNCTION,NJ08550 		NONE   CHARITABLE 668

WISSAHICKON TRAILS

12 MORRIS RD
AMBLER,PA19002 		NONE   CHARITABLE 2,500

WORK TO RIDE INC

98 CHAMOUNIX DRIVE
PHILADELPHIA,PA19131 		NONE   CHARITABLE 20,000

YESHIVAT MORESHET YERUSHALAYIM INC

1385 BROADWAY FL 16
NEW YORK CITY,NY10018 		NONE   CHARITABLE 504

YMCA GREATER PHILADELPHIA

400 FAYETTE STREET SUITE 250
CONSHOHOCKEN,PA19428 		NONE   CHARITABLE 10,000

ZOOLOGICAL SOCIETY OF PHILADELPHIA

3400 W GIRARD AVENUE
PHILADELPHIA,PA19104 		NONE   CHARITABLE 2,500
Total .................................right arrow 3a 25,170,367
bApproved for future payment

INFORMATION AVAILABLE UPON REQUEST
395 9TH AVE 58TH FLOOR
NEW YORK,NY10001 		NONE   CHARITABLE 94,750,000
Total ................................. right arrow 3b 94,750,000
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 24,433,647  
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 25,101  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -166,655  
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 24,292,093 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
24,292,093
(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:
W P CAREY FOUNDATION INC
EIN:
13-3597510
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 52,076 0   52,076

TY 2023 InvestmentsCorpStockSchedule
Name:
W P CAREY FOUNDATION INC
EIN:
13-3597510
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 418,046 418,046
ALBEMARLE CORP 3,138,539 3,138,539
ALPHABET INC CL C 2,666,396 2,666,396
AMAZON COM INC 2,868,171 2,868,171
AMGEN INC 4,036,600 4,036,600
APPLE INC 3,547,750 3,547,750
AUTOMATIC DATA PROCESSING 835,430 835,430
BANK OF AMERICA CORP 387,003 387,003
BHP GROUP LIMITED 4,610,720 4,610,720
BERKSHIRE HATHAWAY INC CL B 10,987,625 10,987,625
BLACKROCK INC 1,277,773 1,277,773
BOEING CO THE 2,948,325 2,948,325
BOOKING HOLDINGS INC 202,192 202,192
CANADIAN NATURAL RESOURCES 3,690,676 3,690,676
CHENIERE ENERGY INC 6,070,106 6,070,106
CHEVRON CORP 2,761,697 2,761,697
CISCO SYSTEMS INC 1,588,955 1,588,955
COMCAST CORP 272,615 272,615
CONOCOPHILLIPS 3,075,507 3,075,507
CONSTELLATION SOFTWARE INC 1,776,428 1,776,428
DANAHER CORP 847,861 847,861
DEERE & CO 261,515 261,515
ENBRIDGE INC 6,125,309 6,125,309
EOG RESOURCES INC 253,027 253,027
EXON MOBIL CORP 473,405 473,405
FREEPORT MCMORAN INC 4,319,195 4,319,195
HOME DEPOT INC 2,783,836 2,783,836
HONEYWELL INTERNATIONAL INC 1,933,946 1,933,946
INTEL CORP 2,980,780 2,980,780
J P MORGAN CHASE CO COM 2,640,462 2,640,462
JOHNSON JOHNSON 3,300,161 3,300,161
MASTERCARD INC 4,065,920 4,065,920
MCDONALDS CORP 830,525 830,525
MEDTRONIC PLC 1,919,784 1,919,784
META PLATFORMS INC 593,945 593,945
MICROSOFT CORP 1,293,954 1,293,954
NET LEASE OFFICE PROPERTY 3,840,998 3,840,998
PAYPAL HOLDINGS 807,419 807,419
PFIZER INC 1,500,650 1,500,650
RIO TINTO PLC A D R 4,801,032 4,801,032
SCHLUMBERGER LTD 575,771 575,771
SCHWAB (CHARLES) CORP 1,308,163 1,308,163
SOUTHERN COPPER CORP DEL 2,556,881 2,556,881
TC ENERGY CORP 6,108,086 6,108,086
UNITEDHEALTH GROUP INC 424,335 424,335
UNITED PARCEL SERVICE INC CL B 878,758 878,758
US BANKCORP 479,413 479,413
VALE SA 4,505,525 4,505,525
VERALTO CORP 100,439 100,439
VERIZON COMMUNICATIONS INC 2,784,786 2,784,786
VISA INC CLASS A SHARES 4,109,885 4,109,885
W.P CAREY INC 203,126,465 203,126,465
WALMART INC 3,341,865 3,341,865
WALT DISNEY CO THE 1,606,530 1,606,530
WILLIAMS COS INC 5,989,262 5,989,262

TY 2023 InvestmentsGovtObligationsSch
Name:
W P CAREY FOUNDATION INC
EIN:
13-3597510
US Government Securities - End of Year Book Value:

83,893,038
US Government Securities - End of Year Fair Market Value:

83,893,038
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:
W P CAREY FOUNDATION INC
EIN:
13-3597510
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BDT CAPITAL PARTNERS FUND 4 (INT) LP FMV 3,598,936 3,598,936
EFT WORLD GOLD TR BE FMV 28,309,475 28,309,475
IHP CO-INVEST I, LP FMV 1,488,307 1,488,307
IHP CO-INVEST II, LP FMV 679,943 679,943
IHP CO-INVEST II-B, LP FMV 197,199 197,199
IHP CO-INVEST III, LP FMV 3,078,994 3,078,994
IHP CO-INVEST IV, LP FMV 2,016,385 2,016,385
IHP CO-INVEST IV-A, LP FMV 614,116 614,116
IHP CO-INVEST V, LP FMV 504,281 504,281
IHP CO-INVEST VI, LP FMV 2,028,416 2,028,416
INNOVA HEALTH PARTNERS FUND, LP FMV 3,049,303 3,049,303
ISHARES BIOTECHNOLOGY ETF FMV 2,288,665 2,288,665
ISHARES GOLD TRUST FMV 9,600,033 9,600,033
SPDR S&P BIOTECH ETF FMV 2,563,605 2,563,605
VANGUARD FTSE EMERGING MARKETS IND FMV 16,690,217 16,690,217
VANGUARD FTSE EUROPE ETF FMV 9,093,034 9,093,034
VANGUARD FTSE PACIFIC ETF FMV 15,861,438 15,861,438
VANGUARD MID-CAP ETF FMV 533,211 533,211
VANGUARD S&P SMALL-CAP 600 E FMV 532,254 532,254

TY 2023 LegalFeesSchedule
Name:
W P CAREY FOUNDATION INC
EIN:
13-3597510
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 36,881 0   36,881


TY 2023 OtherDecreasesSchedule
Name:
W P CAREY FOUNDATION INC
EIN:
13-3597510
Description Amount
CHANGE IN UNREALIZED GAIN OF SECURITIES 19,425,347


TY 2023 OtherExpensesSchedule
Name:
W P CAREY FOUNDATION INC
EIN:
13-3597510
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 19,500 0   19,500
INVESTMENT EXPENSES 1,376,449 1,376,449   0
PAYROLL FEES 3,319 0   3,319
OFFICE EXPENSE 365 0   365


TY 2023 OtherIncomeSchedule2
Name:
W P CAREY FOUNDATION INC
EIN:
13-3597510
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INVESTMENT INCOME 25,101 25,101  


TY 2023 OtherIncreasesSchedule
Name:
W P CAREY FOUNDATION INC
EIN:
13-3597510
Description Amount
UNREALIZED GAIN IN DONATION OF SECURITIES 9,302,560
ADJUSTMENT VOIDED PRIOR YEAR DEDUCTIONS 15,200


TY 2023 OtherProfessionalFeesSchedule
Name:
W P CAREY FOUNDATION INC
EIN:
13-3597510
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL FEES 45,000 0   45,000


TY 2023 TaxesSchedule
Name:
W P CAREY FOUNDATION INC
EIN:
13-3597510
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL 990-PF EXCISE TAX 305,000 0   0
FOREIGN TAXES 38,327 38,327   0
PAYROLL TAX 13,748 0   13,748
STATE FILING FEES 1,500 0   1,500