Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE RANDOLPH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)255 EAST 49TH STREET 23D
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10017
A Employer identification number

47-0892971
B Telephone number (see instructions)

(212) 752-7148
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$50,759,353J Accounting method:
MODIFIED CASH
(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 1,779 1,779  
4 Dividends and interest from securities... 559,436 501,163  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -2,858,621
b Gross sales price for all assets on line 6a 5,795,829
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
-43,716 -43,716  
12 Total. Add lines 1 through 11........ -2,341,122 459,226  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 475,000 169,000   306,000
14 Other employee salaries and wages...... 168,657 22,430   146,227
15 Pension plans, employee benefits....... 283,417 39,131   244,286
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
3,589 0   3,589
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
72,000 16,800   55,200
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
398,215 314,352   50,000
17 Interest............... 446,869 269,920   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
16,590 15,090   1,500
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
29,101 8,730  
20 Occupancy.............. 85,573 25,673   59,900
21 Travel, conferences, and meetings....... 112,689 11,269   101,420
22 Printing and publications.......... 7,153 2,146   5,007
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
268,684 79,081   189,603
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,367,537 973,622   1,162,732
25 Contributions, gifts, grants paid....... 1,569,027 1,569,027
26 Total expenses and disbursements. Add lines 24 and 25 3,936,564 973,622   2,731,759
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -6,277,686
b Net investment income (if negative, enter -0-) 0
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............. 545,336 146,706 146,706
2 Savings and temporary cash investments......... 1,602,456 794,647 794,647
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) 2,808,432 Click to see attachment
List of Attached Documents:
// Content
3,358,130 		3,358,130
b Investments—corporate stock (attach schedule)....... 8,002,026 Click to see attachment
List of Attached Documents:
// Content
6,780,952 		6,780,952
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 37,495,675 Click to see attachment
List of Attached Documents:
// Content
33,590,299 		33,590,299
14 Land, buildings, and equipment: basis right arrow1,288,717
Less: accumulated depreciation (attach schedule) right arrow993,003 324,815 Click to see attachment
List of Attached Documents:
// Content
295,714 		295,714
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
5,792,905 		Click to see attachment
List of Attached Documents:
// Content
5,792,905
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 50,778,740 50,759,353 50,759,353
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........... 50,778,740 50,759,353
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 50,778,740 50,759,353
30 Total liabilities and net assets/fund balances (see instructions). 50,778,740 50,759,353
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
50,778,740
2
Enter amount from Part I, line 27a .....................
2
-6,277,686
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
6,258,299
4
Add lines 1, 2, and 3 ..........................
4
50,759,353
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
50,759,353
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 CAP MIDWEST III K-1 & TAX CREDIT P    
b SILENT CAL K-1 P    
c RICHARDSON PROPERTIES K-1 P    
d NEW VERNON MATRIX K-1 P    
e HARDING LOEVNER-PUBLICLY TRADED SECURITIES P    
ESSEX PRIVATE PLACEMENT K-1 P    
ESSEX PRIVATE PLACEMENT K-1 UBIT P    
CURRENCY GAIN/LOSS 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     158,968 -158,968
b     27,353 -27,353
c 11,947     11,947
d     51,315 -51,315
e 5,783,882   5,965,514 -181,632
    2,448,554 -2,448,554
37,105     37,105
    2,746 -2,746
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       -158,968
b       -27,353
c       11,947
d       -51,315
e       -181,632
      -2,448,554
      37,105
      -2,746
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 -2,821,516
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 0
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 0
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 0
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 38,578
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 38,578
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 38,578
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow38,578 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowN/A
14
The books are in care ofright arrowThe Organization Telephone no.right arrow (212) 752-7148

Located atright arrow255 EAST 49TH STREET 23DNEW YORKNY ZIP+4right arrow10017
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
HEATHER R HIGGINS TRUSTEE/PRESIDENT
40.00 		340,000 143,586 0
255 EAST 49TH STREET
NEW YORK,NY10017
JAMES E HIGGINS TRUSTEE/TREASURER
10.00 		135,000 18,963 0
255 EAST 49TH STREET
NEW YORK,NY10017
ABBY MOFFAT TRUSTEE
1.00 		0 0 0
255 EAST 49TH STREET
NEW YORK,NY10017
POLLY JACKSON FRIESS TRUSTEE
1.00 		0 0 0
255 EAST 49TH STREET
NEW YORK,NY10017
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
PAMELA FRANCO OPERATIONS MANAGER
40.00 		140,833 82,895 0
255 EAST 49TH STREET
NEW YORK,NY10017
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
HARDING LOEVNER INVESTMENT ADVISORY 120,154
400 CROSSING BLVD
BRIDGEWATER,NJ08807
ESSEX CAPITAL MANAGEMENT INVESTMENT ADVISORY - THRU PARTNERSHIP 81,304
125 HIGH STREET SUITE 1803
BOSTON,MA02110
NEW VERNON MATRIX INVESTMENT ADVISORY - THRU PARTNERSHIP 60,026
62 ELM STREET 1ST FLOOR
MORRISTOWN,NJ07960
CAPITAL MIDWEST IV FUND INVESTMENT ADVISORY - THRU PARTNERSHIP 50,005
10556 N PORT WASHINGTON RD STE 201
MEQUON,WI53092
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 PROVIDING ADVICE TO NOT-FOR-PROFIT ORGANIZATIONS THAT ARE RANDOLPH FOUNDATION GRANTEES REGARDING THEIR CHARITABLE PROGRAMS 388,687
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 SOVEREIGN'S KINGDOM A, LP 100,000
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow100,000
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
49,554,003
b
Average of monthly cash balances.......................
1b
258,420
c
Fair market value of all other assets (see instructions)................
1c
7,992,905
d
Total (add lines 1a, b, and c).........................
1d
57,805,328
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
57,805,328
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
867,080
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
56,938,248
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,846,912
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
2,846,912
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
0
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,846,912
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,846,912
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
2,846,912
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
2,731,759
b
Program-related investments—total from Part VIII-B..................
1b
100,000
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
2,831,759
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 2,846,912
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 442,312
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,831,759
a Applied to 2022, but not more than line 2a 442,312
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..... 2,389,447
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		457,465
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
PAMELA FRANCO
255 EAST 49TH STREET 23D
NEW YORK,NY10017
(212) 752-7148
bThe form in which applications should be submitted and information and materials they should include:
WRITTEN PROPOSAL ALONG WITH IRS EXEMPTION LETTER
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

14 Plus Foundation Inc

14 Wall Street 2nd Floor
New York,NY10005 		  PC General Support 3,000

ACE (Association of Community Employment) Programs for the Homeless

114 Greene Street 5th Floor
New York,NY10012 		  PC General Support 10,000

Alzheimer's New Jersey

425 Eagle Rock Avenue Ste 203
Roseland,NJ07068 		  PC General Support 500

America First Policy Institute

1001 Pennsylvania Avenue NW Ste 530
Washington,DC20004 		  PC General Support 25,000

America's Future (Talent Market)

1367 Connecticut Avenue NW Suite
200
Washington,DC20036 		  PC General Support 1,000

American Jewish World Service

45 West 36th Street
New York,NY10018 		  PC General Support 10,000

American Repertory Theater (ART)

64 Brattle Street
Cambridge,MA02138 		  PC General Support 5,000

American Theatre Wing

230 West 41st Street Suite 1101
New York,NY10036 		  PC General Support 2,500

American Theatre Wing

230 West 41st Street Suite 1101
New York,NY10036 		  PC General Support 3,000

Becket Fund for Religious Liberty

1919 Pennsylvania Avenue NW Suite
400
Washington,DC20006 		  PC General Support 1,000

Brian Gibbons Homeless Outreach

227 Porter Hill Road
Middlebury,CT06762 		  PC General Support 3,800

Brooklyn Animal Action

2109 Homecrest Avenue
Brooklyn,NY11229 		  PC General Support 2,500

Buckley Institute

234 Church Street 7th Floor
New Haven,CT06510 		  PC General Support 25,000

Buckley Institute

234 Church Street 7th Floor
New Haven,CT06510 		  PC General Support 1,037

Cape Fear River Watch

617 Surry Street
Wilmington,NC28401 		  PC General Support 3,800

Carolina Balleet

3030 Stony Brook Drive
Raleigh,NC27604 		  PC General Support 3,000

Carolina Tiger Rescue

1940 Hanks Chapel Road
Pittsboro,NC27312 		  PC General Support 4,000

Central Fund of Israel

461 Central Avenue
Cedarhurst,NY11516 		  PC General Support 10,000

City Lights & Company

130 Elm Street
Bridgeport,CT06604 		  PC General Support 6,000

Claremont Institute

1317 West Foothill Blvd
Upland,CA91786 		  PC General Support 40,000

Classical KUSE co University of Southern California

1149 South Hill Street Suite H-100
Los Angeles,CA90015 		  PC General Support 10,000

Coastal Conservation League (South Carolina)

131 Spring Street
Charleston,SC29403 		  PC General Support 5,000

Color Us United (Center for Race and Opportunity)

P O Box 1055
Morrisville,NC27560 		  PC General Support 25,000

Committee To Reduce Infection Deaths

5 Partridge Hollow Road
Greenwich,CT06831 		  PC General Support 5,000

Community Preparatory School

135 Prairie Avenue
Providence,RI02905 		  PC General Support 6,000

Community to Unleash Prosperity

1155 15th Street NW Ste 525
Washington,DC20005 		  PC General Support 15,000

Congregation Ayshel Avraham (Israel Heritage Foundation)

P O Box 190164
Brooklyn,NY11219 		  PC General Support 2,000

Congregation Ayshel Avraham (Israel Heritage Foundation)

P O Box 190164
Brooklyn,NY11219 		  PC General Support 1,000

Connecticut River Conservancy

15 Bank Row
Greenfield,MA01301 		  PC General Support 3,800

Cystic Fibrosis Foundation

4550 Montgomery Avenue Suite 1100N
Bethesda,MD20814 		  PC General Support 3,800

Daily Call News Foundation

1775 Eye Street NW Suite 1150-291
Washington,DC20006 		  PC General Support 25,000

Davidson College

209 Ridge Road P O Box 5000
Davidson,NC28035 		  PC General Support 3,000

Do No Harm

11357 Nuckols Road PMB 115
Glen Allen,VA23059 		  PC General Support 10,000

Encounter Books (Encounter for Culture and Education Inc)

900 Broadway Suite 601
New York,NY10003 		  PC General Support 25,000

Everytown for Gun Safety Support Fund

P O Box 3886
New York,NY10163 		  PC General Support 3,000

Fair Lines America Foundation

2308 Mount Vernon Avenue 716
Alexandria,VA22301 		  PC General Support 20,000

Fellowship Foundation Inc

P O Box 45960
Baltimore,MD21297 		  PC General Support 4,000

First Presbyterian Church of East Hampton

120 Main Street
East Hampton,NY11937 		  PC General Support 500

Freedom For All

P O Box 536 - Village Station
New York,NY10014 		  PC General Support 1,000

FreedomWorks Foundation

111 K Street NE Suite 600
Washington,DC20002 		  PC General Support 10,000

Greater Bridgeport Opportunities Industrialization Center Inc

510 Barnum Avenue Room 104
Bridgeport,CT06608 		  PC General Support 1,000

Greater Bridgeport Opportunities Industrialization Center Inc

510 Barnum Avenue Room 104
Bridgeport,CT06608 		  PC General Support 6,000

Hoover Institution

434 Galvez Mall
Stanford,CA94305 		  PC General Support 100,000

Hunter College Foundation

695 Park Avenue Room 1301E
New York,NY10065 		  PC General Support 2,750

Illinois Policy Institute

300 Suth Riverside Plaza Suite 1650
Chicago,IL60606 		  PC General Support 10,000

Independent Women's Forum

4 Weems Lane 312
Winchester,VA22601 		  PC General Support 25,000

Institute for Comprehensive Gender Dysphoria Research

11 South Angell Street 311
Providence,RI02906 		  PC General Support 10,000

International Fellowship of Christians and Jews

303 East Wacker Suite 2300
Chicago,IL60601 		  PC General Support 1,800

International Fellowship of Christians and Jews

303 East Wacker Suite 2300
Chicago,IL60601 		  PC General Support 2,020

Island Grown Initiative Ltd (Martha's Vineyard)

P O Box 622
Vineyard Haven,MA02568 		  PC General Support 3,800

Jackson Hole Classical Academy

P O Box 7466
Jackson,WY83002 		  PC General Support 25,000

Judicial Watch

425 Third Street SW Suite 800
Washington,DC20024 		  PC General Support 2,000

Lake Champlain Community Sailing Center

P O box 64818
Burlington,VT05406 		  PC General Support 6,000

Legatum Institute Foundation

Geneva Global 1536 East Landcaster
Paoli,PA19301 		  PC General Support 20,000

Little Britches Therapeutic Riding Inc

P O Box 120
Woodbury,CT06798 		  PC General Support 3,200

Little Britches Therapeutic Riding Inc

P O Box 120
Woodbury,CT06798 		  PC General Support 3,200

MacMillan Institute

518 East Wheatland Road
Duncanville,TX75116 		  PC General Support 4,000

Macrovoyant Foundation (Incubate Debate)

740 15th Street NW
Washington,DC20007 		  PC General Support 5,000

Maidstone Charitable Trust

50 Old Beach Lane PO Box 5110
East Hampton,NY11937 		  PC General Support 1,000

Manhattan Institute

52 Vanderbilt Avenue 2nd Floor
New York,NY10017 		  PC General Support 10,000

Manhattan Institute

52 Vanderbilt Avenue 2nd Floor
New York,NY10017 		  PC General Support 15,000

Manhattan Institute

52 Vanderbilt Avenue 2nd Floor
New York,NY10017 		  PC General Support 250,000

MCC Theater

511 West 52nd Street
New York,NY10019 		  PC General Support 2,000

Mount Tabor Centre

46 South Orleans Road PO Box 236
Orleans,MA02653 		  PC General Support 6,000

Mount Tabor Centre

46 South Orleans Road PO Box 236
Orleans,MA02653 		  PC General Support 3,000

Moving Picture Institute (for Disruptive Pictures)

375 Greenwich Street
New York,NY10013 		  PC General Support 20,000

Museum of the Bible

7507 SW 44th Street
Oklahoma,OK73179 		  PC General Support 2,000

Music Menlo

50 Valparaiso Avenue
Atherton,CA94027 		  PC General Support 3,200

National Review Institute

19 West 44th Street Suite 1701
New York,NY10036 		  PC General Support 5,000

Patient Rights Advocate

1188 Centre Street 3
Newton,MA02459 		  PC General Support 250,000

Performing Arts Building Foundation

P O Box 1475
Orleans,MA02553 		  PC General Support 2,020

Performing Arts Building Foundation

P O Box 1475
Orleans,MA02553 		  PC General Support 3,000

Philanthropy Roundtable

1120 20th Street NW Suite 4--N
Washington,DC20036 		  PC General Support 20,000

Planned Parenthood South Atlantic

100 South Boylan Avenue
Raleigh,NC27603 		  PC General Support 3,800

Police Athletic League Inc

34 1/2 East 12th Street
New York,NY10003 		  PC General Support 1,000

Police Athletic League Inc

34 1/2 East 12th Street
New York,NY10003 		  PC General Support 1,000

Project on Fair Representation

3571 Far West Blvd 17
Austin,TX78731 		  PC General Support 25,000

Reformers Academy

11 Thomas Burgin Parkway
Quincy,MA02169 		  PC General Support 50,000

Rescus Dogs Rock NYC

P O Box 101
New York,NY10028 		  PC General Support 1,000

Riverside Sympony

2350 Broadway 212
New York,NY10024 		  PC General Support 2,500

School of Addiction Recovery (SOAR)

3975 Grant Avenue
Ogden,UT84401 		  PC General Support 2,000

Sheil Catholic Center at Northwestern University

2110 Sheridan Road
Evanston,IL60201 		  PC General Support 1,000

SilverSource Inc

1100 Summer Street 2nd Floor
Stamford,CT06905 		  PC General Support 6,000

Tholos Foundation (Americans for Tax Reform Foundation)

722 12th Street NW 4th Floor
Washington,DC20005 		  PC General Support 200,000

Tholos Foundation (Americans for Tax Reform Foundation)

722 12th Street NW 4th Floor
Washington,DC20005 		  PC General Support 6,000

Tholos Foundation (Americans for Tax Reform Foundation)

722 12th Street NW 4th Floor
Washington,DC20005 		  PC General Support 25,000

Trinity Forum

1015 18th Street NW Suite 201
Washington,DC20036 		  PC General Support 4,000

Truth in Numbers

P O Box 17
Morristown,NJ07963 		  PC General Support 5,000

United Charitable

44921 George Washington Blvd Ste
230
Ashburn,VA20147 		  PC General Support 10,000

Ventoux Partnership Network Inc (dba Vertex Partnership Academies)

1160 Beach Avenue
Bronx,NY10472 		  PC General Support 7,500

VTMS Education Inc (Kite & Key Media)

137 Montague Street 132
Brooklyn,NY11201 		  PC General Support 50,000

Wayuu Taya Foundation

12021 Cinnamon Fern Drive
Riverview,FL33579 		  PC General Support 5,000

World Central Kitchen

200 Massachusetts Avenue NW 7th
Floor
Washington,DC20001 		  PC General Support 2,000
Total .................................right arrow 3a 1,569,027
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 1,779  
4 Dividends and interest from securities .... 525990 58,273 14 501,163  
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 ............ 		525990 -37,105 18 -2,821,516  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aRICHARDSON PROPERTIES 		    14 -43,716  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 21,168 -2,362,290 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-2,341,122
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE RANDOLPH FOUNDATION
EIN:
47-0892971
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OWEN J. FLANAGAN & CO 42,000 16,800   25,200
PKF O'CONNOR DAVIES 30,000 0   30,000

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

TY 2023 DepreciationSchedule
Name:
THE RANDOLPH FOUNDATION
EIN:
47-0892971
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
OFFICE CONDOMINIUM 1993-06-29 1,000,295 749,497 SL 39.000000000000 25,649 0    
LEASEHOLD IMPROVEMENTS 2000-08-01 124,228 73,165 SL 39.000000000000 3,452 0    
OFFICE EQUIPMENT 2018-01-01 36,493 36,493 SL 5.000000000000 0 0    
OFFICE FURNITURE 2013-01-01 127,701 104,747 SL 7.000000000000 0 0    

TY 2023 InvestmentsCorpStockSchedule
Name:
THE RANDOLPH FOUNDATION
EIN:
47-0892971
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBVIE INC 73,146 73,146
Accenture PLC 137,206 137,206
Adobe Inc 113,354 113,354
Adyen N.V. 55,413 55,413
AIA Group 60,132 60,132
Alcon Inc. 87,963 87,963
Alphabet Inc 246,973 246,973
Amazon 215,300 215,300
Ametek Inc 104,046 104,046
Apple Inc. 117,443 117,443
Applied Materials Inc 70,014 70,014
ASML Holding NV 118,080 118,080
Atlas Copco AB 89,187 89,187
Bank Central Asia 61,234 61,234
Broadcom Inc 118,323 118,323
Chugai Phamaceutical 109,887 109,887
CME Group 127,202 127,202
Costar Group Inc 79,175 79,175
Costco Wholesale Corp 101,652 101,652
Danaher Corp 133,946 133,946
Deere & Co 177,942 177,942
DIPLOMA PLC 72,422 72,422
EDWARDS LIFESCIENCES CORP 62,525 62,525
Epiroc AB-A 71,367 71,367
GENMAB 70,574 70,574
HALEON PLC 64,442 64,442
HDFC Bank 63,687 63,687
HONEYWELL INTERNATIONAL INC 64,800 64,800
INTUITIVE SURGICAL INC 81,641 81,641
Kering Isin 73,165 73,165
Keyence Corp 66,094 66,094
LOreal 120,470 120,470
Meta Platforms Inc (Formally Facebook) 233,260 233,260
Microsoft 176,739 176,739
MISUMI GROUP INC 27,119 27,119
Netflix Inc 134,866 134,866
Nike Inc 56,782 56,782
NORTHROP GRUMMAN CORP 64,135 64,135
NVIDIA Corp 86,168 86,168
Petros Pharmaceuticals 182 182
Pinterest Inc 124,751 124,751
REPLIGEN CORP 62,750 62,750
ROCHE HOLDING AG-GENUSSCHEIN 66,234 66,234
Rockwell Automation Inc 129,160 129,160
Salesforce.com 85,257 85,257
SAP SE-Sponsored 93,063 93,063
Schlumberger Ltd 98,043 98,043
Schneider Electric 279,518 279,518
SCOUT24 SE 66,905 66,905
Servicenow Inc 91,137 91,137
SGS SA-REG 59,211 59,211
SONY GROUP CORP 142,680 142,680
SPDR Gold Trust 382,340 382,340
Spirax-Sarco Engineering PLC 57,317 57,317
SYMRISE AG 66,921 66,921
Synaptogenix Inc 96 96
Synopsys Inc 74,662 74,662
Taiwan Semiconductor 68,328 68,328
Tencent Holdings 56,400 56,400
Thermo Fisher Scientific Inc. 176,222 176,222
TradeWeb Markets 95,333 95,333
Unitedhealth Group Inc 132,670 132,670
VERALTO CORP 16,863 16,863
Vertex Pharmaceuticals 275,465 275,465
Wuxi Apptec Co LTD 51,891 51,891
XP Inc 39,679 39,679

TY 2023 InvestmentsGovtObligationsSch
Name:
THE RANDOLPH FOUNDATION
EIN:
47-0892971
US Government Securities - End of Year Book Value:

3,358,130
US Government Securities - End of Year Fair Market Value:

3,358,130
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:
THE RANDOLPH FOUNDATION
EIN:
47-0892971
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
RICHARDSON PROPERTIES LLC FMV 386,013 386,013
MARINER ATLANTIC FMV 12,794,332 12,794,332
NEW VERNON INDIA FMV 9,720,727 9,720,727
FOREIGN GOVERNMENT OBLIGATIONS FMV 237,743 237,743
NEW VERNON MATRIX FMV 4,524,241 4,524,241
CAPITAL MIDWEST FUND III FMV 5,084,189 5,084,189
CAPITAL MIDWEST FUND IV FMV 743,054 743,054
PRI - SOVEREIGN'S KINGDOM FMV 100,000 100,000

TY 2023 LandEtcSchedule2
Name:
THE RANDOLPH FOUNDATION
EIN:
47-0892971
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
OFFICE CONDOMINIUM 1,000,295 775,146 225,149  
LEASEHOLD IMPROVEMENTS 124,228 76,617 47,611  
OFFICE EQUIPMENT 36,493 36,493 0  
OFFICE FURNITURE 127,701 104,747 22,954  


TY 2023 LegalFeesSchedule
Name:
THE RANDOLPH FOUNDATION
EIN:
47-0892971
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REED SMITH LLP 2,230 0   2,230
VENABLE 1,359 0   1,359


TY 2023 OtherAssetsSchedule
Name:
THE RANDOLPH FOUNDATION
EIN:
47-0892971
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INVESTMENT RECEIVABLE - PENDING TRADE   5,792,905 5,792,905


TY 2023 OtherExpensesSchedule
Name:
THE RANDOLPH FOUNDATION
EIN:
47-0892971
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE 52,615 15,785   36,830
COMPUTER SERVICES 134,946 40,484   94,462
REPAIRS & MAINTENANCE 174 52   122
POSTAGE 2,204 0   2,204
PROGRAM RESEARCH 1,947 0   1,947
OTHER 100 30   70
MEMBERSHIPS 74,455 22,337   52,118
DIRECTORS AND OFFICERS INSURANCE 1,601 393   1,208
PROPOSAL REVIEW 642 0   642


TY 2023 OtherIncomeSchedule2
Name:
THE RANDOLPH FOUNDATION
EIN:
47-0892971
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
RICHARDSON PROPERTIES -43,716 -43,716 -43,716


TY 2023 OtherIncreasesSchedule
Name:
THE RANDOLPH FOUNDATION
EIN:
47-0892971
Description Amount
CHANGE IN UNREALIZED APPRECIATION 6,258,299


TY 2023 OtherProfessionalFeesSchedule
Name:
THE RANDOLPH FOUNDATION
EIN:
47-0892971
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ESSEX PERFORMANCE FUND LP 81,304 47,441   0
HARDING LOEVNER INVESTMENT ADVISORY 120,154 120,154   0
JP MORGAN CHASE 12,322 12,322   0
RICHARDSON PROPERTIES 404 404   0
NEW VERNON MATRIX 60,026 60,026   0
SEI ARCHWAY 20,000 20,000   0
CAPITAL MIDWEST IV FUND 50,005 50,005   0
KUDLOW & CO 10,000 0   10,000
HARVEY MANSFIELD 10,000 0   10,000
CHRISTIE HERSERA 10,000 0   10,000
RICHARD MINITER 10,000 0   10,000
KEVIN HASSETT 10,000 0   10,000
TYLER D. ZACHARIA & ASSOCIATES 4,000 4,000   0


TY 2023 TaxesSchedule
Name:
THE RANDOLPH FOUNDATION
EIN:
47-0892971
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 15,090 15,090   0
FILING FEE 1,500 0   1,500