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 JAMES FAMILY CHARITABLE
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)C/O SILVERCREST 230 COURT SQUARE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHARLOTTESVILLE, VA22902
A Employer identification number

13-7051493
B Telephone number (see instructions)

(434) 977-4420
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$233,478,723J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 411,466 411,466  
4 Dividends and interest from securities... 5,093,201 5,093,201  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 21,322,271
b Gross sales price for all assets on line 6a 115,464,533
7 Capital gain net income (from Part IV, line 2)... 21,322,271
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 26,826,938 26,826,938  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
289,826 289,826    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
284,268 72,768    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
11,400      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 585,494 362,594   0
25 Contributions, gifts, grants paid....... 11,959,092 11,959,092
26 Total expenses and disbursements. Add lines 24 and 25 12,544,586 362,594   11,959,092
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 14,282,352
b Net investment income (if negative, enter -0-) 26,464,344
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 4,889,133 5,574,245 5,574,245
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) 6,254,072 Click to see attachment
List of Attached Documents:
// Content
46,603,668 		46,632,476
b Investments—corporate stock (attach schedule)....... 150,493,999 Click to see attachment
List of Attached Documents:
// Content
117,039,310 		159,336,300
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).......... 16,687,117 Click to see attachment
List of Attached Documents:
// Content
23,389,450 		21,935,702
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 178,324,321 192,606,673 233,478,723
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
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 178,324,321 192,606,673
29 Total net assets or fund balances (see instructions)..... 178,324,321 192,606,673
30 Total liabilities and net assets/fund balances (see instructions). 178,324,321 192,606,673
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
178,324,321
2
Enter amount from Part I, line 27a .....................
2
14,282,352
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
192,606,673
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
192,606,673
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 MARKETABLE SECURITIES - JPM P    
b MARKETABLE SECURITIES - ML P    
c MARKETABLE SECURITIES - ML P    
d MARKETABLE SECURITIES - ML P    
e MARKETABLE SECURITIES - PERSHING P    
MARKETABLE SECURITIES - PERSHING P    
MARKETABLE SECURITIES - PERSHING P    
MARKETABLE SECURITIES - PERSHING P    
MARKETABLE SECURITIES - PERSHING P    
MARKETABLE SECURITIES - PERSHING P    
MARKETABLE SECURITIES - PERSHING P    
MARKETABLE SECURITIES - PERSHING P    
MARKETABLE SECURITIES - PERSHING 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 15,989,197   10,342,139 5,647,058
b 1,492,671   1,526,957 -34,286
c 5,473,800   5,821,252 -347,452
d 19,620,345   7,059,165 12,561,180
e 23,526,147   23,897,013 -370,866
337,260   342,257 -4,997
27,240   18,140 9,100
5,763,910   5,941,668 -177,758
7,030,585   6,611,775 418,810
4,632,829   5,058,779 -425,950
3,872,918   1,181,390 2,691,528
16,221,320   12,906,124 3,315,196
11,438,281   13,435,603 -1,997,322
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       5,647,058
b       -34,286
c       -347,452
d       12,561,180
e       -370,866
      -4,997
      9,100
      -177,758
      418,810
      -425,950
      2,691,528
      3,315,196
      -1,997,322
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 21,322,271
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 -578,807
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) 1 367,854
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  
3 Add lines 1 and 2........................... 3 367,854
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 367,854
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 265,661
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 250,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 515,661
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  
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 10 147,807
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow147,807 Refundedright arrow 11  
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY, DE
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 arrowSILVERCREST FINANCIAL SERVICES Telephone no.right arrow (434) 977-4420

Located atright arrow230 COURT SQUARECHARLOTTESVILLEVA ZIP+4right arrow22902
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
 
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
HAMILTON E JAMES PRES. & TREA
0.25 		0 0 0
C/O SILVERCREST 230 COURT SQUARE
CHARLOTTESVILLE,VA22902
AMABEL B JAMES VP & SECY
0.25 		0 0 0
C/O SILVERCREST 230 COURT SQUARE
CHARLOTTESVILLE,VA22902
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
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
235,640,693
b
Average of monthly cash balances.......................
1b
8,579,090
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
244,219,783
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
244,219,783
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,663,297
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
240,556,486
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
12,027,824
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
12,027,824
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
367,854
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
367,854
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
11,659,970
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
11,659,970
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
11,659,970
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
11,959,092
b
Program-related investments—total from Part VIII-B..................
1b
 
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
11,959,092
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 11,659,970
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 10,116,660
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$ 11,959,092
a Applied to 2022, but not more than line 2a 10,116,660
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..... 1,842,432
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 .......... 		9,817,538
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
         
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).)
HAMILTON E JAMES
AMABEL B JAMES
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

4TH WALL THEATRE COMPANY

1126 W 17TH ST UNIT C
HOUSTON,TX77008 		N/A PUBLIC GENERAL 25,000

564 PARK AVENUE PRESERVATION

564 PARK AVENUE
NEW YORK,NY10065 		N/A PUBLIC GENERAL 2,500

AFMDA

20 W 36TH ST
NEW YORK,NY10018 		NONE PUBLIC GENERAL 1,800

AFRICA CENTER

1280 5TH AVENUE
NEW YORK,NY10029 		N/A PUBLIC GENERAL 125,000

AFSM FOUNDATION

157 CHURCH ST 19 FLOOR
NEW HAVEN,CT06510 		NONE PUBLIC GENERAL 8,888

ALASKA WILDERNESS LEAGUE

122 C ST NW STE 240
WASHINGTON,DC20001 		N/A PUBLIC GENERAL 20,000

AMAZON CONSERVATION

1012 14TH ST NW STE 625
WASHINGTON,DC20005 		NONE PUBLIC GENERAL 20,000

AMERICAN MUSEUM OF NATURAL HISTORY

200 CENTRAL PARK WEST
NEW YORK,NY10024 		N/A PUBLIC GENERAL 70,000

AMERICAN UNIV OF BEIRUT

305 E 47TH ST 8TH FL
NEW YORK,NY10017 		N/A PUBLIC GENERAL 305,000

AMPHIBIAN REPTILE CONSERVATION

6844 BARDSTOWN RD
LOUISVILLE,KY40291 		NONE PUBLIC GENERAL 70,000

ARCH FOUNDATION

PO BOX 149 PAOLI
PAOLI,PA19301 		NONE PUBLIC GENERAL 10,000

BONEFISH & TARPON TRUST

24 DOCKSIDE LANE PMB 83
KEY LARGO,FL33037 		N/A PUBLIC GENERAL 15,000

CARNEGIE ENDOWMENT

1779 MASSACHUSETTS AVENUE
WASHINGTON,DC20036 		N/A PUBLIC GENERAL 27,000

CASE WESTERN RESERVE UNIVERSITY

10900 EUCLID AVE
CLEVELAND,OH44106 		N/A PUBLIC GENERAL 50,000

CENTRAL PARK CONSERVANCY

14 EAST 60TH STREET
NEW YORK,NY10022 		N/A PUBLIC GENERAL 59,500

CHABAD LUBAVITCH OF MO

770 EASTERN PKWY
BROOKLYN,NY11213 		N/A PUBLIC GENERAL 1,800

CHILDREN'S MUSEUM OF MANHATTAN

212 W 83RD STREET
NEW YORK,NY10024 		N/A PUBLIC GENERAL 10,000

CLASSICAL AMERICAN HOMES PRES TR

PO BOX 150
HILLSBOROUGH,NC27278 		NONE PUBLIC GENERAL 25,000

CORE SERVICES GROUP

45 MAIN ST 711
BROOKLYN,NY11201 		NONE PUBLIC GENERAL 5,000

DEFENDERS OF WILDLIFE

1130 17TH ST NW
WASHINGTON,DC20036 		NONE PUBLIC GENERAL 80,000

EMMET SPORTSMENS FOUNDATION

PO BOX 34
HARBOR SPRINGS,MI49740 		NONE PUBLIC GENERAL 3,000

ENVIRONMENTAL INTEGRITY PROJECT

1000 VERMONT AVE NW
11TH FLOOR
WASHINGTON,DC20005 		N/A PUBLIC GENERAL 80,000

FRICK COLLECTION

1 E 70TH STREET
NEW YORK,NY10021 		N/A PUBLIC GENERAL 100

FRONTSTREAM GLOBAL FUND

1199 N FAIRFAX ST
ALEXANDRIA,VA22314 		NONE PUBLIC GENERAL 10,000

GILDER LEHERMAN INSTITUTE

49 WEST 45TH STREET
NEW YORK,NY10036 		N/A PUBLIC GENERAL 2,500

GIVE BUTTER

2810 N CHURCH ST 53748
WILMILGTON,DE19802 		NONE PUBLIC GENERAL 10,799

HARBOR SPRINGS

150 W MAIN ST
HARBOR SPRINGS,MI49740 		NONE PUBLIC GENERAL 500

HARBOR SPRINGS AREA HISTORICAL

349 E MAIN ST
HARBOR SPRINGS,MI49740 		NONE PUBLIC GENERAL 530

HARBOR SPRINGS LYRIC

DOWNTOWN 275 E MAIN ST
HARBOR SPRINGS,MI49740 		NONE PUBLIC GENERAL 200

HARVARD UNIVERSITY

124 MOUNT AUBURN STREET
CAMBRIDGE,MA02138 		N/A PUBLIC GENERAL 5,000

HENRY STREET SETTLEMENT

301 HENRY ST
NEW YORK,NY10002 		N/A PUBLIC GENERAL 3,200

HONOR THE EARTH

607 MAIN AVENUE
CALLAWAY,MN56521 		N/A PUBLIC GENERAL 450

LAND ARTS OF THE AMERICAN WEST

3016 18TH ST STE 1005
LUBBOCK,TX79409 		NONE PUBLIC GENERAL 10,000

JOHN HOPKINS UNIVERSITY

3400 N CHARLES ST
BALTIMORE,MD21218 		NONE PUBLIC GENERAL 5,000

KAJE

74 15TH ST
BROOKLYN,NY11215 		NONE PUBLIC GENERAL 500

MANHATTAN YOUTH

120 WARREN STREET
NEW YORK,NY10007 		NONE PUBLIC GENERAL 13,000

MARINE CONSERVATION

1914 N 34TH ST SUITE 409
SEATTLE,WA981039090 		NONE PUBLIC GENERAL 20,000

METROPOLITAN MUSEUM OF ART

1000 FIFTH AVENUE
NEW YORK,NY10028 		N/A PUBLIC GENERAL 5,000

MIT NANO DIRECTOR DISCRETIONARY FUN

77 MASSACHUSETTS AVE 12
CAMBRIDGE,MA02139 		NONE PUBLIC GENERAL 250,000

MORE GARDENS FUND

107 SUFFOLK ST 300
NEW YORK,NY10002 		N/A PUBLIC GENERAL 5,000

MT SINAI HOSPITAL

ONE GUSTAVE L LEVY PLACE
NEW YORK,NY10029 		N/A PUBLIC GENERAL 6,000

MUSEUM OF CHINESE IN AMERICA

215 CENTRE STREET
NEW YORK,NY10013 		N/A N/A GENERAL 5,000

NEW YORK HISTORICAL SOCIETY

170 CENTRAL PARK W
NEW YORK,NY10024 		NONE PUBLIC GENERAL 25

NEW YORK LEAGUE CONSERVATION VOTERS

30 BROAD ST 30
NEW YORK,NY10004 		NONE PUBLIC GENERAL 50,000

NEW YORK PUBLIC LIBRARY

5TH AVENUE - 42ND STREET
NEW YORK,NY10018 		N/A PUBLIC GENERAL 50,000

NJ SCHOLARS PROGRAM

PO BOX 41
SHORT HILLS,NJ07078 		NONE PUBLIC GENERAL 25,000

OCEAN CONSERVANCY

1300 19TH ST NW 8TH FL
WASHINGTON,DC20036 		NONE PUBLIC GENERAL 30,000

OUR CHILDREN

36-11 12TH ST
LONG ISLAND,NY11106 		NONE PUBLIC GENERAL 50,000

PARTNERSHIP FOR EDUCATION ADVANCEME

499 PARK AVE
NEW YORK,NY10022 		NONE PUBLIC GENERAL 718,000

RAINFOREST TRUST

7078 AIRLINE ROAD
WARRENTON,VA20187 		N/A PUBLIC GENERAL 12,000

SAINT ANN'S SCHOOL

125 CROMWELL AVENUE
STATEN ISLAND,NY10304 		NONE PUBLIC GENERAL 70,000

SAINT ANTHONYS GUIDE

144 WEST 32ND ST
NEW YORK,NY10001 		NONE PUBLIC GENERAL 60,000

SIERRA CLUB

1 PENNSYLVANIA PLAZA
NEW YORK,NY10119 		NONE PUBLIC GENERAL 35,000

SIGNET SOCIETY

46 DUNSTER STREET
CAMBRIDGE,MA02138 		N/A PUBLIC GENERAL 11,750

SKOWHEGAN SCHOOL OF PAINTING

200 PARK AVENUE STE 1116
NEW YORK,NY10003 		N/A PUBLIC GENERAL 90,000

ST LUKE'S PARISH

1864 POST ROAD
DARIEN,CT06820 		N/A PUBLIC GENERAL 55,300

STAMFORD LIGHTHOUSE

SHIPPAN AVE
STAMFORD,CT06902 		NONE PUBLIC GENERAL 250

STXBP1 FOUNDATION

PO BOX 1148
HOLLY SPRINGS,NC27540 		NONE PUBLIC GENERAL 25,000

TEACHING MATTERS INC

475 RIVERSIDE DR
SUITE 1600
NEW YORK,NY10115 		NONE PUBLIC GENERAL 1,500

THE JAMES FAMILY CHARITABLE TRUST
C/O NATIONAL PHILANTHROPIC TRUST
165 TOWNSHIP LINE ROAD
JENKINTOWN,PA19046 		N/A SO I GENERAL 7,600,000

THE MONTANA LAND RELIANCE

401 N CALIFORNIA STREET
HELENA,MT59601 		NONE PUBLIC GENERAL 100,000

THE NATURAL RESOURCES

40 WEST 20TH ST
NEW YORK,NY10011 		NONE PUBLIC GENERAL 12,000

THE OBAMA FOUNDATION

PO BOX 15400
CHICAGO,IL60615 		N/A PUBLIC GENERAL 1,000

THE OCEAN CLEANUP FOUNDATION

PO BOX 10412
PASADENA,CA911890412 		NONE PUBLIC GENERAL 10,000

THE ROCKEFELLER UNIVERSITY

1230 YORK AVENUE
NEW YORK,NY10065 		NONE PUBLIC GENERAL 21,000

THE RUBY HABITAT FOUNDATION

117 N MAIN ST STE B
SHEIRDAN,MT59749 		NONE PUBLIC GENERAL 1,300

THEODORE ROOSEVELT CONSERVATION

1660 L STREET NW STE 208
WASHINGTON,DC20036 		N/A PUBLIC GENERAL 25,000

THIRD WAY

1025 CONNECTICUT AVE NW
SUITE 400
WASHINGTON,DC20036 		N/A PUBLIC GENERAL 75,000

TOXIC FREE FUTURE

4649 SUNNYSIDE AVE N
SUITE 540
SEATTLE,WA98103 		NONE PUBLIC GENERAL 10,000

TROUT UNLIMITED

1500 WILSON BLVD
ARLINGTON,VA22209 		N/A PUBLIC GENERAL 315,000

ULI FOUNDATION

2001 L STREET NW STE 200
WASHINGTON,DC20036 		NONE PUBLIC GENERAL 52,500

UNION OF CONCERNED SCIENTISTS

TWO BRATTLE SQUARE
CAMBRIDGE,MA02138 		N/A PUBLIC GENERAL 12,000

UPPER DELAWARE SCENIC AND RECREATIO

274 RIVER RD
BEAH LAKE,PA18405 		NONE PUBLIC GENERAL 10,000

WCS ONLINE DONATIONS

2300 SOUTHERN BLVD
BRONX,NY10460 		NONE PUBLIC GENERAL 6,000

WILDLIFE CONSERVATION SOCIETY

2300 SOUTHERN BOULEVARD
BRONX,NY10460 		NONE PUBLIC GENERAL 1,000,000

WYNC NEW YORK PUBLIC RADIO

PO BOX 1550
NEW YORK,NY10016 		N/A PUBLIC GENERAL 27,200

YALE UNIVERSITY

157 CHURCH STREET
NEW HAVEN,CT06510 		N/A PUBLIC POSITANO SCHOLARSHIP 30,000
Total .................................right arrow 3a 11,959,092
bApproved for future payment
Total ................................. right arrow 3b  
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 ........... 		    14 411,466  
4 Dividends and interest from securities ....     14 5,093,201  
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 21,284,241 38,030
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   26,788,908 38,030
13Total. Add line 12, columns (b), (d), and (e)..................
13
26,826,938
(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 InvestmentsCorpStockSchedule
Name:
THE JAMES FAMILY CHARITABLE
 
FOUNDATION
EIN:
13-7051493
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCK 117,039,310 159,336,300

TY 2023 InvestmentsGovtObligationsSch
Name:
THE JAMES FAMILY CHARITABLE
 
FOUNDATION
EIN:
13-7051493
US Government Securities - End of Year Book Value:

46,603,668
US Government Securities - End of Year Fair Market Value:

46,632,476
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 InvestmentsOtherSchedule2
Name:
THE JAMES FAMILY CHARITABLE
 
FOUNDATION
EIN:
13-7051493
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
OTHER INVESTMENTS AT COST    
BLACKSTONE ISG AT COST 11,140,549 10,752,185
BAUPOST AT COST 10,464,291 9,407,319
LUMINARX AT COST 1,784,610 1,776,198

TY 2023 OtherExpensesSchedule
Name:
THE JAMES FAMILY CHARITABLE
 
FOUNDATION
EIN:
13-7051493
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
OTHER EXPENSES 11,400      


TY 2023 OtherProfessionalFeesSchedule
Name:
THE JAMES FAMILY CHARITABLE
 
FOUNDATION
EIN:
13-7051493
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSES 289,826 289,826    


TY 2023 TaxesSchedule
Name:
THE JAMES FAMILY CHARITABLE
 
FOUNDATION
EIN:
13-7051493
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 210,000      
FOREIGN TAX PAID 72,768 72,768    
STATE FILING FEES 1,500