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
ITTLESON FOUNDATION INC
C/O BESSEMER TRUST COMPANY NA
Number and street (or P.O. box number if mail is not delivered to street address)1271 AVE OF THE AMERICAS 42 FL
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10020
A Employer identification number

51-0172757
B Telephone number (see instructions)

(516) 508-9623
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$11,443,979J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 161,231 161,231  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 283,104
b Gross sales price for all assets on line 6a 3,734,366
7 Capital gain net income (from Part IV, line 2)... 283,104
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 444,335 444,335  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 180,600 80,600   100,000
14 Other employee salaries and wages...... 87,910 0   87,910
15 Pension plans, employee benefits....... 164,371 0   164,371
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
35,406 21,656   13,750
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
7,578 247   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 52,483 0   52,483
21 Travel, conferences, and meetings....... 25,589 0   25,589
22 Printing and publications.......... 293 0   293
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
33,136 0   33,136
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 587,366 102,503   477,532
25 Contributions, gifts, grants paid....... 471,000 471,000
26 Total expenses and disbursements. Add lines 24 and 25 1,058,366 102,503   948,532
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -614,031
b Net investment income (if negative, enter -0-) 341,832
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.............      
2 Savings and temporary cash investments......... 101,305 137,880 137,880
3 Accounts receivable right arrow4,255
Less: allowance for doubtful accounts right arrow   1,072 4,255 4,255
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) 1,662,669 Click to see attachment
List of Attached Documents:
// Content
1,668,451 		1,678,956
b Investments—corporate stock (attach schedule)....... 6,453,338 Click to see attachment
List of Attached Documents:
// Content
5,942,076 		8,601,995
c Investments—corporate bonds (attach schedule)....... 983,813 Click to see attachment
List of Attached Documents:
// Content
944,277 		930,893
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)..........      
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
90,000 		Click to see attachment
List of Attached Documents:
// Content
90,000 		Click to see attachment
List of Attached Documents:
// Content
90,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,292,197 8,786,939 11,443,979
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 120,000 230,000
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)......... 120,000 230,000
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........ 7,831,695 7,830,468
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 1,340,502 726,471
29 Total net assets or fund balances (see instructions)..... 9,172,197 8,556,939
30 Total liabilities and net assets/fund balances (see instructions). 9,292,197 8,786,939
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
9,172,197
2
Enter amount from Part I, line 27a .....................
2
-614,031
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
8,558,166
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,227
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,556,939
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 Bernstein P 2015-12-01 2020-12-21
b Bessemer 72G089   2023-02-13 2023-12-21
c Bessemer 72G089   2022-11-25 2023-12-21
d Bessemer 72G673   2023-01-23 2023-11-15
e Bessemer 72G673   2022-06-30 2023-11-13
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 204,190     204,190
b 246,673   260,711 -14,038
c 1,107,795   919,290 188,505
d 1,049,728   1,068,054 -18,326
e 1,125,930   1,203,207 -77,277
50     50
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       204,190
b       -14,038
c       188,505
d       -18,326
e       -77,277
      50
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 2 283,104
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 4,751
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 4,751
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 4,751
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 5,454
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,454
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 5,703
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow5,703 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.ittlesonfoundation.org
14
The books are in care ofright arrowBESSEMER TRUST Telephone no.right arrow (516) 508-9623

Located atright arrow1271 AVENUE OF THE AMERICAS 42 FLNEW YORKNY ZIP+4right arrow10020
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)
Yes
 
(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
 
No
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
H ANTHONY ITTLESON CHAIRMAN & PRESIDENT
10.00 		180,600 29,799 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
PAMELA L SYRMIS VICE PRESIDENT
1.00 		0 0 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
VICTOR TALBOT DIRECTOR
1.00 		0 0 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
PHILIP ITTLESON DIRECTOR
1.00 		0 0 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
CHRISTINA ITTLESON SMITH DIRECTOR
1.00 		0 0 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
ANTHONY C WOOD SECRETARY/EXEC DIRECTOR
35.00 		0 0 0
ITTLESON FDN 15 EAST 67TH STREET
NEW YORK,NY10021
HENRY DAVISON II TREASURER
1.00 		0 0 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
STEPHANIE ITTLESON DIRECTOR
1.00 		0 0 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
ANDREW AUCHINCLOSS DIRECTOR
1.00 		0 0 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
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
MAUREEN M BRACKEN EMPLOYEE
35.00 		80,910 12,520 0
ITTLESON FD 15 E 67TH ST
NEW YORK,NY10021
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
10,910,729
b
Average of monthly cash balances.......................
1b
48,702
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
10,959,431
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
10,959,431
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
164,391
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
10,795,040
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
539,752
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
539,752
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
4,751
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
4,751
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
535,001
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
535,001
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
535,001
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
948,532
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
948,532
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 7 535,001
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 210,299
b From 2019...... 298,347
c From 2020...... 305,984
d From 2021...... 225,863
e From 2022...... 240,258
f Total of lines 3a through e ........ 1,280,751
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 948,532
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 535,001
e Remaining amount distributed out of corpus 413,531
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 1,694,282
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		210,299
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,483,983
10 Analysis of line 9:
a Excess from 2019.... 298,347
b Excess from 2020.... 305,984
c Excess from 2021.... 225,863
d Excess from 2022.... 240,258
e Excess from 2023.... 413,531
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
ANTHONY C WOOD ITTLESON FOUNDATION
15 EAST 67 STREET
NEW YORK,NY10021
(212) 794-2008
bThe form in which applications should be submitted and information and materials they should include:
BRIEF STATEMENT OF PROJECT, BUDGET, ANNUAL REPORT AND IRS SECTION 501(c)(3) RULING
cAny submission deadlines:
INITIAL LETTERS OF INQUIRY MUST BE RECEIVED BEFORE SEPTEMBER 1.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NO GRANTS MADE TO INDIVIDUALS,PROGRAMS OUTSIDE THE UNITED STATES OF AMERICA, FELLOWSHIPS OR GRANTS-IN-AID.
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

ALONGSIDE NETWORK

4817 ELLIOT AVENUE
MINNEAPOLIS,MN55417 		NONE EXEMPT CAPACITY BUILDING 25,000

CANDID - MEMBERSHIP GRANT

32 OLD SLIP 24TH FLOOR
NEW YORK,NY10005 		NONE EXEMPT GENERAL EXEMPT PURPOSES 2,000

DRAYTON HALL PRESERVATION

3380 ASHLEY RIVER ROAD
CHARLESTON,SC29414 		NONE EXEMPT GENERAL EXEMPT PURPOSES 12,500

ENERGY ACTION NETWORK

17 STATE STREET SUITE 205
MONPELIER,VT05602 		NONE EXEMPT RETURN OF GRANT - GOALS AND OBJECTIVES NOT MET -70,000

ENVIRONMENTAL GRANTMAKERS - MEMBERSHIP GRANT

475 RIVERSIDE DRIVE SUITE 960
NEW YORK,NY10115 		NONE EXEMPT GENERAL EXEMPT PURPOSES 2,100

FRACTURED ATLAS INC

228 PARK AVENUE SOUTH 56651
NEW YORK,NY10003 		NONE EXEMPT PROJECT SEABORN 3,500

FULL FRAME INITATIVE INC

308 MAIN STREET SUITE 2A
GREENFIELD,MA01301 		NONE EXEMPT COASTAL WELLBEING PROJECT 30,000

FUNDERS CONCERNED ABOUT AIDS - MEMBERSHIP GRANT

1100 CANNECTICUT AVENUE NW SUITE
1100
WASHINGTON,DC20036 		NONE EXEMPT GENERAL EXEMPT PURPOSES 500

GREAT PLAINS RESTORATION COUNCIL

PO BOX 1206
FORT WORTH,TX76101 		NONE EXEMPT GREAT PLAINS CONSERVATION AND RECREATION AREA 25,000

HESPERIAN HEALTH GUIDES

2860 TELEGRAPH AVENUE
OAKLAND,CA94609 		NONE EXEMPT SUPPORT THE MENTAL HEALTH PROMOTION GUIDE FOR COMMUNITY HEALTH WORKERS 30,000

HORTICULUTURAL SOCIETY OF NEW YORK

148 WEST 37TH STREET 13TH FLOOR
NEW YORK,NY10018 		NONE EXEMPT SUPPORT THE POLLINATOR PORT PROJECT 10,000

MD ANDERSON CANCER CENTER

7007 BERTNER AVENUE STE 10
HOUSTON,TX77030 		NONE EXEMPT DIVIDED EQUALLY BETWEEN DR. CHRISTOPHER LOGOTHETIS AND DR. LAUREN MAYO 100,000

MD ANDERSON CANCER CENTER

7007 BERTNER AVENUE STE 10
HOUSTON,TX77030 		NONE EXEMPT GENERAL SUPPORT 100,000

NEW YORK CITY AUDUBON SOCIETY INC

71 WEST 23RD STREET SUITE 1523
NEW YORK,NY10010 		NONE EXEMPT SUPPORT 25 YEARS SAFE FLIGHT BIRD 12/27 FRIENDLY SITES 25,000

NEW YORK PRESERVATION ARCHIVE PROJECT

174 E 80TH STREET
NEW YORK,NY10075 		NONE EXEMPT GENERAL EXEMPT PURPOSE 28,000

PHILANTHROPY NEW YORK - MEMBERSHIP GRANT

320 E 43RD STREET
NEW YORK,NY10017 		NONE EXEMPT GENERAL EXEMPT PURPOSES 1,400

RESOURCE RENEWAL INSTITUTE

187 E BLITHEDALE AVE
MILL VALLEY,CA94941 		NONE EXEMPT SUPPORT FISH IN THE FILEDS PROJECT 15,000

ST FRANCIS DE SALES

135 EAST 96TH STREET
NEW YORK,NY10128 		NONE EXEMPT GENERAL SUPPORT 5,000

ST JEAN THE BAPTISTE

184 EAST 76TH STREET
NEW YORK,NY10021 		NONE EXEMPT GENERAL PURPOSE 2,500

ST FRANCIS DE SALES JOSEPH'S YORKVILLE

404 EAST 87STH STREET
NEW YORK,NY10128 		NONE EXEMPT GENERAL SUPPORT 1,000

SAN FRANCISCO STUDY CENTER

1663 MISSION STREET 310
SAN FRANCISCO,CA94103 		NONE EXEMPT SUPPORT MINDSITE NEWS 15,000

SOUTHAMPTON CULTURAL CENTER

25 POND LANE
SOUTHAMPTON,NY11968 		NONE EXEMPT SUPPORT COMEDY4KIDS! 25,000

SUSTAINABILITY MATTERS

822 SWOVER CREED ROAD
EDINBURG,VA22824 		NONE EXEMPT SUPPORT MAKING TRASH BLOOM PROJECT 25,000

THE MERIDIAN INSTIUTUE

PO BOX 1829
DILLION,CO80435 		NONE EXEMPT REUSE REFILL ACTION FORUM 30,000

WESTON PLAYHOUSE THEATRE COMPANY

703 MAIN STREET
WESTON,VT05161 		NONE EXEMPT GENERAL EXEMPT PURPOSES 2,500

WIKITONGUES

175 PEARL STREET FLOORS 1-3
BROOKLYN,NY11201 		NONE EXEMPT SAVE KNOWLEDGE THROUGH LANGUAGES 25,000
Total .................................right arrow 3a 471,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 161,231  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 283,104  
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) .. 0 444,335 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
444,335
(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:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
Name of Bond End of Year Book Value End of Year Fair Market Value
14000.00 JPMORGAN CHASE & CO 14,023 13,610
15000.00 D.R. HORTON INC 14,951 13,356
10000.00 TOYOTA MOTOR CREDIT CORP 9,988 10,158
25000.00 BP CAP MARKETS AMERICA 24,923 25,228
25000.00 CHARLES SCHWAB CORP 24,927 23,273
24000.00 TRUIST FINANCIAL CORP 24,033 24,430
25000.00 CAPITAL ONE FINANCIAL CO 25,000 25,646
30000.00 ABBVIE INC 31,006 29,470
25000.00 BANK OF AMERICA CORP 25,050 24,716
30000.00 AIR LEASE CORP 29,724 30,787
25000.00 CITIGROUP INC 25,945 23,834
27000.00 COMCAST CORP 28,103 25,369
30000.00 PAYPAL HOLDINGS INC 25,705 27,476
30000.00 VALERO ENERGY CORP 30,013 29,693
25000.00 SOUTHWEST AIRLINES CO 24,885 25,115
25000.00 PUBLIC STORAGE 25,044 22,315
12000.00 GOLDMAN SACHS GROUP INC 12,000 11,990
25000.00 BLACKROCK INC 24,777 20,899
15000.00 GENERAL MOTORS FINL CO 15,517 14,754
28000.00 CHURCH & DWIGHT CO INC 27,524 30,035
25000.00 STARBUCKS CORP 25,010 25,107
27000.00 FLORIDA POWER & LIGHT CO 26,737 27,053
30000.00 VERISK ANALYTICS INC 31,185 29,606
25000.00 BANK OF NY MELLON CORP 25,000 23,845
15000.00 AMAZON.COM INC 14,997 13,505
30000.00 CHURCH & DWIGHT CO INC 30,600 28,729
9000.00 HP ENTERPRISE CO 9,549 8,968
25000.00 PNC FINANCIAL SERVICES 24,494 24,839
13000.00 JPMORGAN CHASE & CO 13,085 11,525
25000.00 ENERGY TRANSFER LP 24,771 24,805
16000.00 CIGNA CORP 14,117 14,831
25000.00 SOUTHERN CAL EDISON 25,047 26,067
25000.00 L3HARRIS TECH INC 24,796 25,526
25000.00 ENERGY TRANSFER LP 25,005 26,319
32000.00 GENERAL MOTORS FINL CO 33,299 31,546
25000.00 WILLIAMS COMPANIES INC 23,182 24,098
15000.00 AMERICAN HONDA FINANCE 14,997 15,705
25000.00 MORGAN STANLEY 24,185 24,306
25000.00 BHP BILLITON FIN USA LTD 24,866 25,693
22000.00 PFIZER INVESTMENT ENTER 22,065 22,003
26000.00 SUMITOMO MITSUI FINL GRP 24,152 24,663

TY 2023 InvestmentsCorpStockSchedule
Name:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
Name of Stock End of Year Book Value End of Year Fair Market Value
100.00 LIVE NATION ENTERTMNT INC 7,566 9,360
535.00 ALPHABET INC CLASS C 17,179 75,397
205.00 TAKE-2 INTERACTIVE 26,115 32,994
136.00 META PLATFORMS INC 26,586 48,138
155.00 HILTON WORLDWIDE HOLDINGS 16,070 28,223
28.00 POOL CORP 9,996 11,163
283.00 DOLLARAMA INC 8,053 20,456
136.00 EXPEDIA GROUP INC 18,520 20,643
7.00 AUTOZONE INC 17,986 18,099
535.00 AMAZON.COM INC 32,992 81,287
13.00 MERCADOLIBRE INC 14,018 20,430
170.00 BATH & BODY WORKS INC 7,656 7,337
105.00 LOWES COS INC 22,249 23,367
24.00 LVMH MOET HENNESSY VUITTON 11,429 19,455
34.00 ULTA BEAUTY INC 14,662 16,659
281.00 BJ'S WHOLESALE CLUB HOLDIN 17,813 18,731
730.00 ALIMENTATION COUCHE-TARD I 36,192 43,120
190.00 WALMART INC 27,446 29,953
427.00 US FOODS HOLDING CORP 11,289 19,390
36.00 COSTCO WHSL CORP NEW 17,471 23,762
62625.17 OW CREDIT INCOME FUND 620,457 507,890
730.00 SCHLUMBERGER LTD 39,020 37,989
325.00 CHAMPIONX CORP 9,910 9,494
240.00 CONOCOPHILLIPS 9,056 27,856
70.00 PIONEER NATURAL RESOURCES 11,099 15,741
219.00 NASDAQ INC. 6,961 12,732
65.00 WEX INC 8,086 12,645
260.00 JPMORGAN CHASE & CO 37,286 44,226
315.00 VISA INC 30,321 82,010
68.00 S&P GLOBAL INC. 19,833 29,955
370.00 BROOKFIELD CORPORATION 14,586 14,844
184.00 TRADEWEB MARKETS INC 12,382 16,721
1245.00 BANK OF AMERICA CORP 34,652 41,919
62.00 AON PLC 16,205 18,043
140.00 RYAN SPECIALTY HOLDNGS INC 5,927 6,022
150.00 BLACKSTONE INC 7,297 19,638
320.00 INTERCONTINENTAL EXCHG INC 33,013 41,097
130.00 DANAHER CORP 15,708 30,074
698.00 AVANTOR INC 18,185 15,935
44.00 COOPER COS INC 10,343 16,651
190.00 HEALTH CARE SELECT SPDR 25,903 25,912
140.00 IQVIA HOLDINGS INC 19,712 32,393
90.00 STERIS PLC 11,513 19,786
58.00 THERMO FISHER SCIENTIFIC 8,222 30,785
110.00 UNITEDHEALTH GROUP INC 30,926 57,911
36.00 TELEFLEX INC 9,767 8,976
205.00 CENCORA INC 34,133 42,102
38.00 MEDPACE HOLDINGS 10,296 11,648
655.00 HOWMET AEROSPACE INC 23,255 35,448
53.00 LINCOLN ELEC HLDG 6,943 11,525
63.00 CARLISLE COS 12,526 19,683
95.00 EATON CORP PLC 13,442 22,877
730.00 COPART INC 20,373 35,770
113.00 BOOZ ALLEN HAMILTON HLDGS 11,522 14,453
412.00 WILLSCOT MOBILE MINI HOLDI 19,357 18,334
275.00 ASHTEAD GROUP 18,204 19,128
96.00 CLEAN HARBORS INC 12,710 16,752
102.00 SMITH A O CORP 3,945 8,408
530.00 TRANSUNION 35,600 36,416
350.00 CANADIAN PACIFIC KANSAS CI 26,363 27,777
91.00 EQUIFAX INC 13,087 22,503
57.00 NORTHROP GRUMMAN CORP 21,749 26,683
126.00 MOTOROLA SOLUTIONS INC 32,633 39,449
25.00 SERVICENOW INC 4,274 17,662
106.00 NVIDIA CORP 25,811 52,493
71.00 GARTNER INC CL A 26,058 32,028
605.00 APPLE INC 18,382 116,480
42.00 ASML HOLDING 20,316 31,637
24.00 ASM INTERNATIONAL NV 8,313 12,463
94.00 NICE LTD ADR 16,083 18,753
2.00 CONSTELLATION SOFTWARE 4,984 4,973
107.00 KEYSIGHT TECHNOLOGIES INC 16,667 17,022
74.00 CDW CORP/DE 7,531 16,821
54.00 MANHATTAN ASSOCIATES INC 9,913 11,627
387.00 MICROSOFT CORP 24,623 145,527
375.00 ORACLE CORP 31,042 39,536
425.00 MARVELL TECHNOLOGY INC 19,283 25,631
247387.10 OW LARGE CAP STRATEGIES FD 2,559,599 4,294,680
95.00 VULCAN MATERIALS 16,205 21,565
60.00 CRH PLC 4,136 4,149
90.00 SHERWIN-WILLIAMS CO 21,129 28,071
515.00 ISHARES CHINA LRGE-CAP ETF 17,064 12,375
280.00 PROLOGIS INC 37,324 37,324
94805.75 OW SMALL & MIDCAP STRAT FD 1,261,131 1,462,852
325.00 AMEREN CORP 22,400 23,510
340.00 NEXTERA ENERGY INC 26,012 20,651

TY 2023 InvestmentsGovtObligationsSch
Name:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
US Government Securities - End of Year Book Value:

1,668,451
US Government Securities - End of Year Fair Market Value:

1,678,956
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 OtherAssetsSchedule
Name:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
KEY MAN LIFE INSURANCE 90,000 90,000 90,000


TY 2023 OtherDecreasesSchedule
Name:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
Description Amount
PRIOR YEAR ACCOUNTS PAYABLE ADJUSTMENT 1,227


TY 2023 OtherExpensesSchedule
Name:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MOBILE PHONE EXPENSE 2,791 0   2,791
NY LAW JOURNAL PUBLICATION FEE 170 0   170
NEW YORK STATE FILING FEE 750 0   750
CLEANING SERVICE 3,850 0   3,850
OFFICE SUPPLIES & EQUIPMENT - OTHER 11,123 0   11,123
POSTAGE 705 0   705
TELEPHONE AND INTERNET SERVICE 4,677 0   4,677
MISCELLANEOUS 2,730 0   2,730
INSURANCE EXPENSES 6,340 0   6,340


TY 2023 OtherProfessionalFeesSchedule
Name:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 21,649 21,649   0
FINANCIAL SERVICES FEE 13,750 0   13,750
ADR FEES 7 7   0


TY 2023 TaxesSchedule
Name:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID IN EXCESS 331 0   0
FOREIGN TAXES PAID 247 247   0
FEDERAL EXCERISE TAX 7,000 0   0