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
FRELINGHUYSEN MORRIS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)CO PERELSON 299 PARK AVE 2ND FL
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY101710002
A Employer identification number

13-3471554
B Telephone number (see instructions)

(212) 605-3100
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$134,010,237
J 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) 3,482
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 649,240 649,240 649,240
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 566,931
b Gross sales price for all assets on line 6a 2,684,532
7 Capital gain net income (from Part IV, line 2)... 566,931
8 Net short-term capital gain......... 0
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)....... 57,251 0 57,251
12 Total. Add lines 1 through 11........ 1,276,904 1,216,171 706,491
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 200,075 16,470 16,470 183,605
14 Other employee salaries and wages...... 155,064 0 0 155,064
15 Pension plans, employee benefits....... 18,494 0 0 18,494
16a Legal fees (attach schedule)......... 548 0 0 548
b Accounting fees (attach schedule)....... 27,000 6,750 6,750 20,250
c Other professional fees (attach schedule).... 221,944 221,944 221,944 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 66,744 15,021 17,781 48,963
19 Depreciation (attach schedule) and depletion... 76,530 0 53,525
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 257,018 0 966 256,052
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,023,417 260,185 317,436 682,976
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 1,023,417 260,185 317,436 682,976
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 253,487
b Net investment income (if negative, enter -0-) 955,986
c Adjusted net income (if negative, enter -0-)... 389,055
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......... 55,817 69,467 69,467
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) 2,452,756 Click to see attachment
List of Attached Documents:
// Content
1,753,854
1,765,487
b Investments—corporate stock (attach schedule)....... 11,389,392 Click to see attachment
List of Attached Documents:
// Content
12,061,371
28,379,619
c Investments—corporate bonds (attach schedule)....... 7,906,984 Click to see attachment
List of Attached Documents:
// Content
8,178,583
7,279,039
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).......... 495,130 Click to see attachment
List of Attached Documents:
// Content
523,660
523,660
14 Land, buildings, and equipment: basis right arrow3,486,557
Less: accumulated depreciation (attach schedule) right arrow1,451,420 2,068,506 Click to see attachment
List of Attached Documents:
// Content
2,035,137
3,486,557
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
14,795,090
Click to see attachment
List of Attached Documents:
// Content
14,795,090
Click to see attachment
List of Attached Documents:
// Content
92,506,408
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 39,163,675 39,417,162 134,010,237
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........ 39,163,675 39,417,162
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 39,163,675 39,417,162
30 Total liabilities and net assets/fund balances (see instructions). 39,163,675 39,417,162
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
39,163,675
2
Enter amount from Part I, line 27a .....................
2
253,487
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
39,417,162
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
39,417,162
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 PUBLICLY TRADED SECURITIES-FIRST MANHATTAN P    
b PUBLICLY TRADED SECURITIES-FIRST MANHATTAN P    
c PUBLICLY TRADED SECURITIES-FIRST MANHATTAN P    
d CAPITAL GAINS DIVIDENDS P    
e
(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 199,663   200,225 -562
b 1,399,548   1,240,058 159,490
c 1,060,568   677,318 383,250
d 24,753     24,753
e
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       -562
b       159,490
c       383,250
d       24,753
e
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 2 566,931
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 -562
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 13,288
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 13,288
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 13,288
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 20,489
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 40,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 60,489
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 47,201
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow47,201 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 arrowMA, NY
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
Yes
 
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.FRELINGHUYSEN.ORG
14
The books are in care ofright arrowPERELSON WEINER LLP Telephone no.right arrow (212) 605-3100

Located atright arrow299 PARK AVENUE 2ND FLOORNEW YORKNY ZIP+4right arrow101710002
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
THOMAS K FRELINGHUYSEN DIRECTOR, TRUSTEE
35.00
143,100 11,821 0
C/O PERELSON WEINER 299 PARK AVE
NEW YORK,NY10171
JOANNE JOHNSON TRUSTEE
6.00
32,940 0 0
C/O PERELSON WEINER 299 PARK AVE
NEW YORK,NY10171
LINDA FRELINGHUYSEN PUBLIC REL DIR
20.00
24,035 0 0
C/O PERELSON WEINER 299 PARK AVE
NEW YORK,NY10171
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
SEAN MC CUSKER ASSISTANT TO DIRECTO
35.00
61,327 6,673 0
C/O PERELSON WEINER 299 PARK AVE
NEW YORK,NY10171
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
FIRST MANHATTAN CO INVESTMENT ADVISORS 221,944
399 PARK AVENUE
NEW YORK,NY10022
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 THE MUSEUM WAS OPEN DURING THE REGULAR SEASON FOR GUIDED AND SELF-GUIDED TOURS. INSTALLED A NEW EXHIBIT TITLED "GET TO KNOW GEORGE AND SUZY" FEATURING ARTWORK SPANNING THE LONG CAREERS OF BOTH GEORGE L.K.MORRIS AND SUZY FRELINGHUYSEN. CREATED NEW WRITTEN AND AUDIO TOURS. THE AUDIO TOUR INCLUDES GEORGE L.K. MORRIS' ACTUAL VOICE FROM SMITHSONIAN ARCHIVE TAPES. LOCAL ARTISTS LED PAINTING DEMONSTRATIONS DURING THE SUMMER. SHORT PRESENTATIONS BY DIRECTOR WEEKLY CALLED DIRECTOR'S CORNER. NEW "EXERCISE YOUR CREATIVITY" EVENT HELD ON SUNDAYS. SPECIAL LECTURE GIVEN BY VISITING ARCHITECTURAL HISTORIAN. PRESERVATION WORK CONTINUED ON ARCHIVES AND HISTORIC BUILDINGS. A GRANT FROM THE STATE OF MASSACHUSETTS HELPED US BEAUTIFY OUR VISITORS CHECK IN AND ENTRANCE ROAD. 682,976
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
36,049,874
b
Average of monthly cash balances.......................
1b
47,107
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
36,096,981
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
36,096,981
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
541,455
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
35,555,526
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,777,776
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
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
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
682,976
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
43,161
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
726,137
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2022
(c)
2022
(d)
2023
1 Distributable amount for 2023 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
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 ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$  
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions).....
 
c Treated as distributions out of corpus (Election
required—see instructions)........
 
d Applied to 2023 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(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  
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
 
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......
 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 ..........
 
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) .......
 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ...
 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ......
 
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
389,055 214,576 163,550 263,545 1,030,726
b 85% (0.85) of line 2a ......... 330,697 182,390 139,018 224,013 876,117
c Qualifying distributions from Part XI,
line 4 for each year listed .....
726,137 721,513 754,848 657,416 2,859,914
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
0 0 0 0 0
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
726,137 721,513 754,848 657,416 2,859,914
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ...... 134,010,237 128,916,311 134,473,439 128,102,913 525,502,900
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
95,992,757 95,949,597 95,875,165 95,759,304 383,576,823
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
        0
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) ....
        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
        0
(3) Largest amount of support
from an exempt organization
        0
(4) Gross investment income         0
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
Total .................................right arrow 3a 0
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 ....     14 649,240  
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 ............
    18 566,931  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aMUSEUM ADMISSIONS & MEMBERSHIP
        33,416
bCATALOGS, ART POSTCARDS         9,435
cRENTAL INCOME-PROPERTY HELD FOR EXEMPT PURPOSE     16 14,400  
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,230,571 42,851
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,273,422
(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.)
11A ADMISSION FEES-MUSEUM HAS BEEN OPEN TO THE PUBLIC SINCE 1998
11B SALE OF CATALOGS,ART POST CARDS ETC-RELATED TO OPERATION OF THE MUSEUM
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:
FRELINGHUYSEN MORRIS FOUNDATION
EIN:
13-3471554
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PERELSON WEINER 27,000 6,750 6,750 20,250

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
FRELINGHUYSEN MORRIS FOUNDATION
EIN:
13-3471554
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)
Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
LAND 1992-05-01 520,000     0 % 0 0 0  
BUILDINGS 1992-05-01 680,000 521,333 SL 40.000000000000 17,000 0 17,000  
PERSONAL PROPERTY 1992-05-01 51,685 51,685 SL 12.000000000000 0 0 0  
IMPROVEMENTS 1994-07-01 240,574 171,399 SL 40.000000000000 6,014 0 6,014  
IMPROVEMENTS 1996-07-01 53,271 35,298 SL 40.000000000000 1,332 0 1,332  
IMPROVEMENTS 1997-07-01 127,878 81,523 SL 40.000000000000 3,197 0 3,197  
IMPROVEMENTS 1998-07-01 154,834 94,839 SL 40.000000000000 3,871 0 3,871  
IMPROVEMENTS 1999-07-01 72,897 42,817 SL 40.000000000000 1,822 0 1,822  
PERSONAL PROPERTY 2000-07-01 600 600 SL 12.000000000000 0 0 0  
IMPROVEMENTS 2000-07-01 63,569 35,753 SL 40.000000000000 1,589 0 1,589  
IMPROVEMENTS 2001-07-01 35,257 18,942 SL 40.000000000000 881 0 881  
PERSONAL PROPERTY 2001-07-01 503 503 SL 12.000000000000 0 0 0  
IMPROVEMENTS 2002-07-01 17,343 8,897 SL 40.000000000000 434 0 434  
PERSONAL PROPERTY 2002-07-01 3,150 3,150 SL 12.000000000000 0 0 0  
PERSONAL PROPERTY 2003-07-01 6,278 6,278 SL 12.000000000000 0 0 0  
IMPROVEMENTS 2004-07-01 99,702 46,120 SL 40.000000000000 2,493 0 2,493  
FURNITURE & FIXTURES 2004-07-01 1,131 1,131 SL 7.000000000000 0 0 0  
IMPROVEMENTS 2005-07-01 21,115 9,240 SL 40.000000000000 528 0 528  
PERSONAL PROPERTY 2005-07-01 17,768 17,768 SL 5.000000000000 0 0 0  
IMPROVEMENTS 2006-07-01 16,905 6,979 SL 40.000000000000 423 0 423  
IMPROVEMENTS 2006-07-01 31,108 12,837 SL 40.000000000000 778 0 778  
IMPROVEMENTS 2006-08-10 11,500 4,728 SL 40.000000000000 288 0 288  
IMPROVEMENTS 2008-07-01 77,251 28,000 SL 40.000000000000 1,931 0 1,931  
IMPROVEMENTS 2009-07-01 27,350 9,234 SL 40.000000000000 684 0 684  
IMPROVEMENTS 2011-07-01 57,265 16,468 SL 40.000000000000 1,432 0 1,432  
FURNITURE & FIXTURES 2012-07-01 5,980 5,980 SL 7.000000000000 0 0 0  
IMPROVEMENTS 2012-07-01 39,558 10,384 SL 40.000000000000 989 0 989  
IMPROVEMENTS 2014-07-01 56,529 12,011 SL 40.000000000000 1,413 0 1,413  
IMPROVEMENTS 2015-07-01 43,710 8,197 SL 40.000000000000 1,093 0 1,093  
IMPROVEMENTS 2016-07-01 99,486 16,166 SL 40.000000000000 2,487 0 2,487  
IMPROVEMENTS 2017-07-01 133,424 18,348 SL 40.000000000000 3,336 0 3,336  
IMPROVEMENTS 2018-07-01 58,156 6,543 SL 40.000000000000 1,454 0 1,454  
VEHICLES 2018-07-01 39,298 35,370 SL 5.000000000000 3,928 0 3,928  
IMPROVEMENTS 2019-07-01 227,175 19,877 SL 40.000000000000 5,679 0 5,679  
IMPROVEMENTS 2020-07-01 119,971 7,498 SL 40.000000000000 2,999 0 2,999  
IMPROVEMENTS 2021-07-01 144,545 5,421 SL 40.000000000000 3,614 0 3,614  
EQUIPMENT-TRACTOR 2021-12-15 12,199 2,643 SL 5.000000000000 2,440 0 2,440  
IMPROVEMENTS 2022-07-01 74,431 930 SL 40.000000000000 1,861 0 1,861  
IMPROVEMENTS 2023-07-01 43,161   SL 40.000000000000 540 0 540  

TY 2023 InvestmentsCorpBondsSchedule
Name:
FRELINGHUYSEN MORRIS FOUNDATION
EIN:
13-3471554
Name of Bond End of Year Book Value End of Year Fair Market Value
557,542 BERNSTEIN INTER DURATION INST PORT 8,178,583 7,279,039

TY 2023 InvestmentsCorpStockSchedule
Name:
FRELINGHUYSEN MORRIS FOUNDATION
EIN:
13-3471554
Name of Stock End of Year Book Value End of Year Fair Market Value
1,003 SPDR GOLD TR 124,888 191,744
1,400 OREILLY AUTOMOTIVE 644,842 1,330,112
1,518 BERKSHIRE HATHAWAY CL B 239,153 541,410
1,800 ALPHABET CL A 25,690 251,442
10,000 COCA COLA 525,396 589,300
10,087 NESTLES A ADS 239,336 1,166,360
42,487 TWEEDY BROWNE GLOBAL VALUE FUND 570,196 1,162,436
15,000 FORTIVE CORP 956,185 1,104,450
2,500 THERMO FISHER SCI 342,196 1,326,975
27,000 BROOKFIELD CORP CL A LTD 513,111 1,083,240
210 AUTOZONE INC 123,918 542,978
3,400 ACCENTURE PLC CL A 625,245 1,193,094
3,800 MCDONALDS CORP 797,994 1,126,738
4,500 VISA INC CL A 872,242 1,171,575
5,800 DANAHER CORP 401,821 1,341,772
5,400 HONEYWELL INTL 549,578 1,132,434
5,500 LOWES CO 396,094 1,224,025
5,000 MICROSOFT CORP 261,116 1,880,200
7 BERKSHIRE HATHAWAY CL A 137,774 3,798,375
8,800 ALPHABET INC CL C 378,813 1,240,184
9,000 APPLE INC 144,229 1,732,770
9,500 NIKE INC 1,152,661 1,031,415
17,000 SERVICE CORP INTL 1,095,708 1,163,650
2,000 UNITED HEALTH CRP INC 943,185 1,052,940

TY 2023 InvestmentsGovtObligationsSch
Name:
FRELINGHUYSEN MORRIS FOUNDATION
EIN:
13-3471554
US Government Securities - End of Year Book Value:

1,753,854
US Government Securities - End of Year Fair Market Value:

1,765,487
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:
FRELINGHUYSEN MORRIS FOUNDATION
EIN:
13-3471554
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
FIRST MANHATTAN CASH & EQUIV,MONEY FUNDS AT COST 523,660 523,660

TY 2023 LandEtcSchedule2
Name:
FRELINGHUYSEN MORRIS FOUNDATION
EIN:
13-3471554
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND 520,000 0 520,000  
BUILDINGS 680,000 538,333 141,667  
PERSONAL PROPERTY 51,685 51,685 0  
IMPROVEMENTS 240,574 177,413 63,161  
IMPROVEMENTS 53,271 36,630 16,641  
IMPROVEMENTS 127,878 84,720 43,158  
IMPROVEMENTS 154,834 98,710 56,124  
IMPROVEMENTS 72,897 44,639 28,258  
PERSONAL PROPERTY 600 600 0  
IMPROVEMENTS 63,569 37,342 26,227  
IMPROVEMENTS 35,257 19,823 15,434  
PERSONAL PROPERTY 503 503 0  
IMPROVEMENTS 17,343 9,331 8,012  
PERSONAL PROPERTY 3,150 3,150 0  
PERSONAL PROPERTY 6,278 6,278 0  
IMPROVEMENTS 99,702 48,613 51,089  
FURNITURE & FIXTURES 1,131 1,131 0  
IMPROVEMENTS 21,115 9,768 11,347  
PERSONAL PROPERTY 17,768 17,768 0  
IMPROVEMENTS 16,905 7,402 9,503  
IMPROVEMENTS 31,108 13,615 17,493  
IMPROVEMENTS 11,500 5,016 6,484  
IMPROVEMENTS 77,251 29,931 47,320  
IMPROVEMENTS 27,350 9,918 17,432  
IMPROVEMENTS 57,265 17,900 39,365  
FURNITURE & FIXTURES 5,980 5,980 0  
IMPROVEMENTS 39,558 11,373 28,185  
IMPROVEMENTS 56,529 13,424 43,105  
IMPROVEMENTS 43,710 9,290 34,420  
IMPROVEMENTS 99,486 18,653 80,833  
IMPROVEMENTS 133,424 21,684 111,740  
IMPROVEMENTS 58,156 7,997 50,159  
VEHICLES 39,298 39,298 0  
IMPROVEMENTS 227,175 25,556 201,619  
IMPROVEMENTS 119,971 10,497 109,474  
IMPROVEMENTS 144,545 9,035 135,510  
EQUIPMENT-TRACTOR 12,199 5,083 7,116  
IMPROVEMENTS 74,431 2,791 71,640  
IMPROVEMENTS 43,161 540 42,621  


TY 2023 LegalFeesSchedule
Name:
FRELINGHUYSEN MORRIS FOUNDATION
EIN:
13-3471554
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 548 0 0 548


TY 2023 OtherAssetsSchedule
Name:
FRELINGHUYSEN MORRIS FOUNDATION
EIN:
13-3471554
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ART HELD FOR EXEMPT PURPOSES 14,794,882 14,794,882 92,506,200
COPYRIGHTS 60 60 60
MISC 148 148 148


TY 2023 OtherExpensesSchedule
Name:
FRELINGHUYSEN MORRIS FOUNDATION
EIN:
13-3471554
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ART CONSERVATION ETC 5,861 0 0 5,861
UTILITIES & FUEL 19,775 0 726 19,049
INSURANCE 71,500 0 240 71,260
FILING FEES-NY & MA 1,750 0 0 1,750
TOUR EXPENSE 40,174 0 0 40,174
MAINTENANCE & REPAIRS 85,978 0 0 85,978
TRAVEL & MEALS 1,651 0 0 1,651
OFFICE SUPPLIES & EXPENSE 18,662 0 0 18,662
TELEPHONE INTERNET, ETC 10,318 0 0 10,318
MISC 1,349 0 0 1,349


TY 2023 OtherIncomeSchedule2
Name:
FRELINGHUYSEN MORRIS FOUNDATION
EIN:
13-3471554
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
MUSEUM ADMISSIONS & MEMBERSHIP 33,416   33,416
CATALOGS, ART POSTCARDS 9,435   9,435
RENTAL INCOME-PROPERTY HELD FOR EXEMPT PURPOSE 14,400   14,400


TY 2023 OtherProfessionalFeesSchedule
Name:
FRELINGHUYSEN MORRIS FOUNDATION
EIN:
13-3471554
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FIRST MANHATTAN INVESTMENT MGT FEES 221,944 221,944 221,944 0


TY 2023 TaxesSchedule
Name:
FRELINGHUYSEN MORRIS FOUNDATION
EIN:
13-3471554
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REAL ESTATE TAXES 29,179 0 2,760 26,419
FOREIGN TAXES WITHHELD 15,021 15,021 15,021 0
PAYROLL TAXES 22,544 0 0 22,544