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 CERES FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 578
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GROTON, MA01450
A Employer identification number

91-2170962
B Telephone number (see instructions)

(401) 368-5675
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$180,642,312J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 4,456,315 4,304,151  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,919,181
b Gross sales price for all assets on line 6a 12,394,275
7 Capital gain net income (from Part IV, line 2)... 1,919,181
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
295,713 297,263  
12 Total. Add lines 1 through 11........ 6,671,209 6,520,595  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 298,100 0   298,100
15 Pension plans, employee benefits....... 35,113 0   35,113
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
58,415 52,575   5,840
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
641,275 469,162   172,113
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
137,284 69,069   13,519
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 15,000 0   15,000
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
22,651 0   22,651
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,207,838 590,806   562,336
25 Contributions, gifts, grants paid....... 6,740,000 6,740,000
26 Total expenses and disbursements. Add lines 24 and 25 7,947,838 590,806   7,302,336
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,276,629
b Net investment income (if negative, enter -0-) 5,929,789
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......... 5,489,731 5,266,826 5,266,826
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) 22,069,816 Click to see attachment
List of Attached Documents:
// Content
13,961,327 		14,019,577
b Investments—corporate stock (attach schedule)....... 87,585,499 Click to see attachment
List of Attached Documents:
// Content
84,331,097 		86,046,519
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).......... 59,145,651 Click to see attachment
List of Attached Documents:
// Content
69,078,285 		74,366,151
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
951,500 		Click to see attachment
List of Attached Documents:
// Content
943,239 		Click to see attachment
List of Attached Documents:
// Content
943,239
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 175,242,197 173,580,774 180,642,312
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 175,242,197 173,580,774
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 175,242,197 173,580,774
30 Total liabilities and net assets/fund balances (see instructions). 175,242,197 173,580,774
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
175,242,197
2
Enter amount from Part I, line 27a .....................
2
-1,276,629
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
173,965,568
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
384,794
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
173,580,774
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 FIDELITY INVESTMENTS (SHORT-TERM)   2023-01-01 2023-12-31
b FIDELITY INVESTMENTS (LONG-TERM)   2010-01-01 2023-12-31
c ALTERNATIVE INVESTMENTS (SHORT-TERM) P 2023-01-01 2023-12-31
d ALTERNATIVE INVESTMENTS (LONG-TERM) P 2010-01-01 2023-12-31
e ALTERNATIVE INVESTMENTS (SEC. 1231 GAINS) P 2010-01-01 2023-12-31
UBTI ALTERNATIVE INVESTMENTS (SHORT-TERM) P 2023-01-01 2023-12-31
UBTI ALTERNATIVE INVESTMENTS (LONG-TERM) P 2010-01-01 2023-12-31
UBTI ALTERNATIVE INVESTMENTS (SEC. 1231 GAINS) P 2010-01-01 2023-12-31
GAIN ON PARTNERSHIP LIQUIDATIONS P 2010-01-01 2023-12-31
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 4,920,204   4,993,533 -73,329
b 6,709,546   5,481,561 1,227,985
c 123,643     123,643
d 412,752     412,752
e 86,458     86,458
2,197     2,197
7,065     7,065
594     594
104,985     104,985
26,831     26,831
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       -73,329
b       1,227,985
c       123,643
d       412,752
e       86,458
      2,197
      7,065
      594
      104,985
      26,831
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 1,919,181
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 82,424
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 82,424
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 82,424
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 73,055
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 100,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 173,055
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 1,143
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 89,488
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow89,488 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 arrowMD, MA
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 arrowHTTPS://WWW.CERESGIVING.ORG/
14
The books are in care ofright arrowWINDES INC Telephone no.right arrow (949) 852-9433

Located atright arrow2050 MAIN ST STE 1300IRVINECA ZIP+4right arrow926149871
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
DANIEL C MILDER PRESIDENT
1.00 		0 0 0
18606 RELIANT DRIVE
GAITHERSBURG,MD20879
DONALD B MILDER TREASURER
1.00 		0 0 0
18606 RELIANT DRIVE
GAITHERSBURG,MD20879
TERRI L MILDER SECRETARY
1.00 		0 0 0
18606 RELIANT DRIVE
GAITHERSBURG,MD20879
EMILY B MILDER DIRECTOR
1.00 		0 0 0
18606 RELIANT DRIVE
GAITHERSBURG,MD20879
RYAN F BRADLEY DIRECTOR
1.00 		0 0 0
18606 RELIANT DRIVE
GAITHERSBURG,MD20879
ZACHARY D MILDER DIRECTOR
1.00 		0 0 0
18606 RELIANT DRIVE
GAITHERSBURG,MD20879
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
AMANDA L NORTHROP EXECUTIVE DIRECTOR
40.00 		233,100 22,500 0
PO BOX 578
GROTON,MA01450
DIANA D DIAZ PROGRAM ASSOCIATE
40.00 		65,000 3,000 0
PO BOX 578
GROTON,MA01450
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
EVOKE ADVISORS INVESTMENT MGMT. AND CHARITABLE ADMIN. 521,291
10635 SANTA MONICA BLVD SUITE 240
LOS ANGELES,CA90025
ELISSA RYAN COACHING & CONSULTING LLC WORK WITH GRANTEES ON FUNDRAISING PLANS 87,500
20 AUGUSTINE AVE
ARDSLEY,NY10502
WINDES INC TAX PREPARATION, ACCOUNTING, CONSULTING 58,415
2050 MAIN ST STE 1300
IRVINE,CA92614
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
115,032,878
b
Average of monthly cash balances.......................
1b
4,766,089
c
Fair market value of all other assets (see instructions)................
1c
47,426,992
d
Total (add lines 1a, b, and c).........................
1d
167,225,959
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
167,225,959
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,508,389
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
164,717,570
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
8,235,879
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
8,235,879
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
82,424
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
82,424
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
8,153,455
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
8,153,455
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
8,153,455
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
7,302,336
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
7,302,336
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 8,153,455
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 453,265
b From 2019...... 591,912
c From 2020...... 604,739
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 1,649,916
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 7,302,336
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 7,302,336
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 851,119 851,119
(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 5 798,797
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		798,797
10 Analysis of line 9:
a Excess from 2019.... 194,058
b Excess from 2020.... 604,739
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).)
DONALD B MILDER
TERRI L MILDER
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:
AMANDA NORTHROP
PO BOX 578
GRONTON,MA01450
(401) 368-5675
HTTPS://WWW.CERESGIVING.ORG/
bThe form in which applications should be submitted and information and materials they should include:
ONLINE APPLICATION WHICH CAN BE FOUND AT HTTPS://WWW.CERESGIVING.ORG/PAGE/APPLY.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
WE INVEST IN STRONG LEADERS AND SUPPORT ORGANIZATIONS THAT RANGE FROM SMALL GRASSROOTS EFFORTS TO MORE ESTABLISHED PROGRAMS. OUR GRANTEES ARE ALL UNITED IN THEIR PASSION TO CREATE LONG-TERM POSITIVE CHANGE FOR INDIVIDUALS AND FAMILIES. CERES FUNDS A MIX OF INNOVATIVE AND PROVEN MODELS, BUT ALL ORGANIZATIONS MUST BE ABLE TO DEMONSTRATE OR HAVE A PLAN TO DEMONSTRATE MEASURABLE OUTCOMES. WE FUND NONPROFIT ORGANIZATIONS IN LA + ORANGE COUNTY, CA, WASHINGTON, DC, AND WESTERN, MA FOCUSED ON ADVANCING EDUCATION AND EMPLOYMENT OUTCOMES FOR DISADVANTAGED YOUTH THROUGH COLLEGE ACCESS & SUCCESS, CAREER PATHWAYS, AND FAMILY STRENGTHENING PROGRAMS. GRANTEES MUST BE 501(C)(3) TAX-EXEMPT ORGANIZATIONS THAT ARE ALSO DESCRIBED IN IRS SECTION 509(A)(1), 509(A)(2) OR (IN CERTAIN CASES) 509(A)(3).
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

ACHIEVEMENT INSTITUTE OF SCIENTIFIC STUDIES

1505 E 17TH STREET STE 118
SANTA ANA,CA92705 		NONE 509(A)(1) UNDER 501( SUPPORT THE INFRASTRUCTURE TO SERVE AN ANNUAL COHORT BY 2024 100,000

ADA DEVELOPERS ACADEMY

315 5TH AVENUE STE 200
SEATTLE,WA98104 		NONE SCHOOL UNDER 501(C)( GENERAL OPERATING SUPPORT FOR D.C. LOCATION 60,000

BEST KIDS INC

1212 4TH STREET SE STE 201
WASHINGTON,DC20020 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 70,000

CAPITAL PARTNERS FOR EDUCATION DBA SPARK THE JOURNEY

609 H STREET NE STE 500
WASHINGTON,DC20002 		NONE 509(A)(1) UNDER 501( SUPPORT MULTI-YEAR EXPANSION PLAN 150,000

CAROLINE FRIESS CENTER INC

900 SOMERSET STREET
BALTIMORE,MD21202 		NONE CHURCH UNDER 501(C)( GENERAL OPERATING SUPPORT FOR EMPLOYMENT PROGRAM FOR LOW-INCOME WOMEN 50,000

CASA OF LOS ANGELES

201 CENTRE PLAZA DRIVE STE 1100
MONTEREY PARK,CA91754 		NONE 509(A)(1) UNDER 501( EXPANDED SUPPORT OF FOSTER YOUTH IN LOS ANGELES COUNTY 70,000

CHILDRENS FUND INC

348 W HOSPITALITY LANE STE 110
SAN BERNARDINO,CA92408 		NONE 509(A)(1) UNDER 501( FUND PILOT PROGRAM FOR SCHOLARSHIP RECIPIENTS 15,000

COLLEGE BOUND INC

128 M STREET NW STE 220
WASHINGTON,DC20001 		NONE 509(A)(1) UNDER 501( SUPPORT ROLLOUT OF STRATEGIC GROWTH PLAN TO SERVE 500+ STUDENTS ANNUALY BY 2027 75,000

COLLEGE TRIBE

3845 S CAPITOL STREET SW
WASHINGTON,DC20032 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 50,000

COLLEGIATE DIRECTIONS INC

4827 RUGBY AVENUE STE 001
BETHESDA,MD20814 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 50,000

COMMUNITY ADOLESCENT RESOURCES AND EDUCATION CENTER INC

247 CABOT STREET
HOLYOKE,MA01040 		NONE 509(A)(2) UNDER 501( GENERAL OPERATING SUPPORT FOR THE BARD MICROCOLLEGE PROGRAM FOR LOW-INCOME WOMEN 120,000

COMMUNITY ADOLESCENT RESOURCES AND EDUCATION CENTER INC

247 CABOT STREET
HOLYOKE,MA01040 		NONE 509(A)(2) UNDER 501( SUPPORT AND EXPAND THE BARD MICROCOLLEGE PROGRAM FOR LOW-INCOME WOMEN 250,000

COMMUNITY PARTNERS

1000 N ALAMEDA STREET STE 240
LOS ANGELES,CA90012 		NONE 509(A)(1) UNDER 501( SUPPORT FOR PROJECT SOAR, A COLLEGE AND CAREER ADVISING PROGRAM FOR PUBLIC HOUSING RESIDENTS 75,000

CONVENTION OF P E CHURCH OF THE DIOCESE OF WASHINGTON

1801 MISSISSIPPI AVENUE SE
WASHINGTON,DC20020 		NONE CHURCH UNDER 501(C)( SUPPORT FOR EXPANSION OF THE OUTPLACEMENT AND GRADUATE SUPPORT PROGRAM 50,000

CORPORATION OF THE WASHINGTON LATIN SCHOOL

5200 2ND STREET NW
WASHINGTON,DC20011 		NONE SCHOOL UNDER 501(C)( SUPPORT CAMPAIGN TO SERVE AN ADDITIONAL 750 STUDENTS 100,000

COVENANT HOUSE CALIFORNIA

1325 N WESTERN AVENUE
HOLLYWOOD,CA90027 		NONE 509(A)(1) UNDER 501( SUPPORT LOS ANGELES ALUMNI PROGRAM 50,000

DC PUBLIC CHARTER SCHOOL COOPERATIVE INC

1616 P STREET NW STE 112
WASHINGTON,DC20036 		NONE 509(A)(1) UNDER 501( FUND A PILOT PROGRAM FOR STUDENTS WITH DISABILITIES 75,000

DC VOLUNTEER LAWYERS PROJECT

5335 WISCONSIN AVENUE NW STE 440
WASHINGTON,DC20015 		NONE 509(A)(1) UNDER 501( SUPPORT FOR LEGAL SUPPORT PROGRAMS THAT ARE EXPANDING TO MEET INCREASED DEMAND 130,000

EASTSIDE COLLEGE PREP SCHOOL INC

1041 MYRTLE STREET
EAST PALO ALTO,CA94303 		NONE SCHOOL UNDER 501(C)( SUPPORT THE RESIDENTIAL PROGRAM PROVIDING A SUPPORTIVE LIVING ENVIRONMENT FOR STUDENTS 50,000

EDC 413 WORKS INC

1441 MAIN STREET
SPRINGFIELD,MA01103 		NONE 509(A)(3) TYPE II UN SUPPORT SPRINGFIELD WORKS CLIFF EFFECT PILOT PROGRAM 50,000

EL SERENO COMMUNITY LAND TRUST

5469 HUNTINGTON DRIVE N
LOS ANGELES,CA90032 		NONE 509(A)(2) UNDER 501( GENERAL OPERATING SUPPORT 25,000

FOSTERING MEDIA CONNECTIONS

PO BOX 86192
LOS ANGELES,CA90086 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 25,000

FRIENDS OF COMPASS INC

2000 PENNSYLVANIA AVENUE STE 7000
WASHINGTON,DC20006 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 25,000

FRIENDS OF THE CHILDREN INC

672 S LAFAYETTE PARK PLACE STE 33
LOS ANGELES,CA90057 		NONE 509(A)(2) UNDER 501( SUPPORT LOS ANGELES COUNTY EXPANSION 100,000

FRIENDSHIP SHELTER INC

PO BOX 4252
LAGUNA BEACH,CA92652 		NONE 509(A)(1) UNDER 501( SUPPORT THE HENDERSON HOUSE FOR SERVING HOMELESS TRANSITIONAL-AGED YOUTH 60,000

FUND FOR EDUCATIONAL EXCELLENCE INC

2437 15TH STREET NW
WASHINGTON,DC20009 		NONE 509(A)(1) UNDER 501( SUPPORT CONTINUED EXPANSION OF MENTORING PROGRAM IN THE DMV 50,000

FUTURE LINK INC

15 W GUDE DRIVE STE 150
ROCKVILLE,MD20850 		NONE 509(A)(1) UNDER 501( SUPPORT THE EXPANSION OF PROGRAMMATIC MODEL 200,000

HOPEWELL INC

3 ALLIED DRIVE STE 308
BEDHAM,MA02026 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT IN WESTERN MASSACHUSETTS 75,000

JOBS HAVE PRIORITY INC

1526 PENNSYLVANIA AVENUE SE
WASHINGTON,DC20003 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT FOR HOUSING AND EMPLOYMENT PROGRAMS 70,000

JOVENES INC

1208 PLEASANT AVENUE
LOS ANGELES,CA90033 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 85,000

KID POWER INC

400 E STREET SW
WASHINGTON,DC20024 		NONE 509(A)(1) UNDER 501( SUPPORT FOR CONTINUED EXPANSION OF MENTORS INC. AND POWERUP! 100,000

LA FAMILY HOUSING CORPORATION

7843 LANKERSHIM BOULEVARD
NORTH HOLLYWOOD,CA91605 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 70,000

LA COCINA VA

918 S LINCOLN STREET STE 2
ARLINGTON,VA22204 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 50,000

LA COMPOST

4700 GRIFFIN AVENUE
LOS ANGELES,CA90031 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 5,000

LIFT INC

999 N CAPITOL STREET NE STE 310
WASHINGTON,DC20002 		NONE 509(A)(1) UNDER 501( EXPAND FINANCIAL COACHING MODEL FOR LOW-INCOME FAMILIES IN LOS ANGELES AND D.C. 100,000

LOST ANGELS CHILDRENS PROJECT INC

44528 BEECH AVENUE
LANCASTER,CA93534 		NONE 509(A)(2) UNDER 501( GENERAL OPERATING SUPPORT FOR VOCATIONAL TRAINING PROGRAM 75,000

MANIFESTWORKS

823 SEWARD STREET
LOS ANGELES,CA90038 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT FOR WORKFORCE DEVELOPMENT PROGRAM 65,000

MASSACHUSETTS ALLIANCE FOR EARLY COLLEGE

588 BOSTON POST ROAD STE 150
WESTON,MA02493 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT TO ADVANCE EARLY COLLEGE IN MASSACHUSETTS SCHOOLS 75,000

MONUMENT ACADEMY INC

500 19TH STREET NE
WASHINGTON,DC20002 		NONE SCHOOL UNDER 501(C)( GENERAL OPERATING SUPPORT 150,000

MORE THAN WORDS INC

56 FELTON STREET
WALTHAM,MA02453 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT TO ADDRESS SYSTEMATIC BARRIERS FOR MASSACHUSETTS YOUTH 60,000

NEW DIRECTIONS FOR WOMEN FOUNDATION

2280 UNIVERSITY DRIVE STE 104
NEWPORT BEACH,CA92660 		NONE 509(A)(1) UNDER 501( FUND NEED BASED SCHOLARSHIPS IN SUPPORT OF ADDICTION TREATMENT SERVICES FOR WOMEN 65,000

NEW VILLAGE CHARTER SCHOOL INC

147 N OCCIDENTAL BOULEVARD
LOS ANGELES,CA90026 		NONE SCHOOL UNDER 501(C)( GENERAL OPERATING SUPPORT 50,000

NORTHWEST EDUCATION ACCESS

6920 ROOSEVELT WAY NE STE 355
SEATTLE,WA95115 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 45,000

ORANGEWOOD FOUNDATION

1575 E 17TH STREET
SANTA ANA,CA92705 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT FOR EDUCATION AND WORKFORCE DEVELOPMENT SERVICES FOR TRANSITIONAL AGED YOUTH 115,000

PER SCHOLAS INC

804 E 138TH STREET STE 2
BRONX,NY10454 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 50,000

PREGNANCY JUSTICE INC

575 8TH STREET STE 700
NEW YORK,NY10018 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 25,000

PROPEL AMERICA

PO BOX 990443
BOSTON,MA02199 		NONE 509(A)(1) UNDER 501( SUPPORT ROLLOUT OF MEDICAL ASSISTANT FELLOWSHIP IN LOS ANGELES 75,000

ROCA INC

101 PARK STREET
CHELSEA,MA02150 		NONE 509(A)(1) UNDER 501( SUPPORT YOUNG MOTHERS PROGRAM IN WESTERN MASSACHUSETTS 75,000

SAN MIGUEL SCHOOL INC

7705 GEORGIA AVENUE NW
WASHINGTON,DC20012 		NONE CHURCH UNDER 501(C)( SUPPORT EXPANSION OF GRADUATE SUPPORT PROGRAM 50,000

SANCTUARY ART CENTER

1604 NE 50TH STREET
SEATTLE,WA98105 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 30,000

SCHOOLHOUSE CONNECTION

4401A CONNECTICUT AVENUE NW STE 145
WASHINGTON,DC20008 		NONE 509(A)(1) UNDER 501( SUPPORT YOUTH LEADERSHIP SCHOLARSHIP PROGRAM FOR YOUTH HAVING EXPERIENCED HOMELESSNESS 125,000

SERVICE WORKERS TRAINING AND EDUCATION PARTNERSHIP

7130 COLUMBIA GATEWAY DRIVE STE A
COLUMBIA,MS21046 		NONE 509(A)(1) UNDER 501( SUPPORT FOR CAPACITY BUILDING 60,000

SIERRA HOUSE

134 EVERGREEN PLACE STE 103
EAST ORANGE,NJ07018 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 50,000

SPRINGFIELD EMPOWERMENT ZONE PARTNERSHIP INC

PO BOX 15331
SPRINGFIELD,MA01115 		NONE 509(A)(3) TYPE III F SUPPORT FOR THE 16 MIDDLE AND HIGH SCHOOLS IT OPERATES IN SPRINGFIELD MASSACHUSETTS 80,000

STEADFAST - STANDING FIRM AGAINST YOUTH HOMELESS

10132 HANSONVILLE ROAD
FREDERICK,MD21702 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 100,000

STEM ADVANTAGE

117 22ND STREET
HUNTINGTON BEACH,CA92648 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 200,000

TALLER SAN JOSE HOPE BUILDERS

PO BOX 685
SANTA ANA,CA92701 		NONE SCHOOL UNDER 501(C)( SUPPORT THE EXPANSION OF CAREER PATHWAYS PROGRAM AND TO GROW EARNED REVENUE OVER TWO YEARS 100,000

TECH FOUNDRY INC

1391 MAIN STREET 9TH FL
SPRINGFIELD,MA01103 		NONE SCHOOL UNDER 501(C)( GENERAL OPERATING SUPPORT FOR JOB TRAINING PROGRAM THAT PREPARES INDIVIDUALS FOR SUSTAINABLE TECH CAREERS 70,000

THE HARMONY PROJECT

325 N LARCHMONT BOULEVARD STE 604
LOS ANGELES,CA90004 		NONE SCHOOL UNDER 501(C)( GENERAL OPERATING SUPPORT 75,000

THE WOODEN FLOOR FOR YOUTH MOVEMENT

1810 N MAIN STREET
SANTA ANA,CA92706 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT FOR COMPREHENSIVE DANCE AND COLLEGE ACCESS PROGRAM 70,000

THRIVE SCHOLARS

75 FEDERAL STREET STE 1250
BOSTON,MA02110 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT FOR THE THRIVE SCHOLARS' LOS ANGELES AND BOSTON PROGRAMS 2,000,000

TRIANGLE FAMILY SERVICES INC

3937 WESTERN BOULEVARD
RALEIGH,NC27606 		NONE 509(A)(1) UNDER 501( SUPPORT DOSE, A STATE-CERTIFIED DOMESTIC VIOLENCE INTERVENTION PROGRAM 50,000

YOUTH GUIDANCE

1 N LA SALLE STREET STE 900
CHICAGO,IL60602 		NONE 509(A)(1) UNDER 501( SUPPORT BECOMING A MAN PROGRAM IN D.C. SCHOOLS 75,000
Total .................................right arrow 3a 6,740,000
bApproved for future payment

ACHIEVEMENT INSTITUTE OF SCIENTIFIC STUDIES
1505 E 17TH STREET STE 118
SANTA ANA,CA92705 		NONE 509(A)(1) UNDER 501( SUPPORT THE INFRASTRUCTURE TO SERVE AN ANNUAL COHORT BY 2024 80,000

BEST KIDS INC
1212 4TH STREET SE STE 201
WASHINGTON,DC20020 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 50,000

CAPITAL PARTNERS FOR EDUCATION DBA SPARK THE JOURNEY
609 H STREET NE STE 500
WASHINGTON,DC20002 		NONE 509(A)(1) UNDER 501( SUPPORT MULTI-YEAR EXPANSION PLAN 150,000

COLLEGE BOUND INC
128 M STREET NW STE 220
WASHINGTON,DC20001 		NONE 509(A)(1) UNDER 501( SUPPORT ROLLOUT OF STRATEGIC GROWTH PLAN TO SERVE 500+ STUDENTS ANNUALY BY 2027 225,000

COLLEGIATE DIRECTIONS INC
4827 RUGBY AVENUE STE 001
BETHESDA,MD20814 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 50,000

COMMUNITY ADOLESCENT RESOURCES AND EDUCATION CENTER INC
247 CABOT STREET
HOLYOKE,MA01040 		NONE 509(A)(2) UNDER 501( SUPPORT AND EXPAND THE BARD MICROCOLLEGE PROGRAM FOR LOW-INCOME WOMEN 250,000

FRIENDS OF THE CHILDREN INC
672 S LAFAYETTE PARK PLACE STE 33
LOS ANGELES,CA90057 		NONE 509(A)(2) UNDER 501( SUPPORT LOS ANGELES COUNTY EXPANSION 200,000

FUTURE LINK INC
15 W GUDE DRIVE STE 150
ROCKVILLE,MD20850 		NONE 509(A)(1) UNDER 501( SUPPORT THE EXPANSION OF PROGRAMMATIC MODEL 400,000

SANCTUARY ART CENTER
1604 NE 50TH STREET
SEATTLE,WA98105 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 25,000

SERVICE WORKERS TRAINING AND EDUCATION PARTNERSHIP
7130 COLUMBIA GATEWAY DRIVE STE A
COLUMBIA,MS21046 		NONE 509(A)(1) UNDER 501( SUPPORT FOR CAPACITY BUILDING 120,000

SIERRA HOUSE
134 EVERGREEN PLACE STE 103
EAST ORANGE,NJ07018 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 65,000

STEM ADVANTAGE
117 22ND STREET
HUNTINGTON BEACH,CA92648 		NONE 509(A)(1) UNDER 501( GENERAL OPERATING SUPPORT 200,000

THRIVE SCHOLARS
75 FEDERAL STREET STE 1250
BOSTON,MA02110 		NONE 509(A)(1) UNDER 501( SUPPORT FOR GROWTH CAMPAIGN 5,000,000
Total ................................. right arrow 3b 6,815,000
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 4,456,315  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 367,523  
8 Gain or (loss) from sales of assets other than
inventory ............ 		523000 9,856 18 1,909,325  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aUBTI PORTION OF ALTERNATIVE INVESTMENT NET INCOME (EXCL. CAPITAL GAIN-LOSS) 		523000 -71,810      
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -61,954 6,733,163 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
6,671,209
(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.
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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 CERES FOUNDATION INC
EIN:
91-2170962
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 58,415 52,575   5,840

TY 2023 GeneralExplanationAttachment
Name:
THE CERES FOUNDATION INC
EIN:
91-2170962
Identifier Return Reference Explanation
  GENERAL SECTION 1.236(A)-1(F) DE MINIMIS SAFE HARBOR ELECTIONTHE CERES FOUNDATION, INC.18606 RELIANT DRIVEGAITHERSBURG, MD 20879EMPLOYER IDENTIFICATION NUMBER: 91-2170962FOR THE YEAR ENDING DECEMBER 31, 2023CERES FOUNDATION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).

TY 2023 InvestmentsCorpStockSchedule
Name:
THE CERES FOUNDATION INC
EIN:
91-2170962
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCK 84,331,097 86,046,519

TY 2023 InvestmentsGovtObligationsSch
Name:
THE CERES FOUNDATION INC
EIN:
91-2170962
US Government Securities - End of Year Book Value:

13,961,327
US Government Securities - End of Year Fair Market Value:

14,019,577
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 CERES FOUNDATION INC
EIN:
91-2170962
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MUTUAL FUNDS AT COST 16,545,620 17,883,608
ALTERNATIVE INVESTMENTS AT COST 52,532,665 56,482,543

TY 2023 OtherAssetsSchedule
Name:
THE CERES FOUNDATION INC
EIN:
91-2170962
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PROGRAM-RELATED INVESTMENT IN 82ND STREET DEVELOPMENT 951,500 943,239 943,239


TY 2023 OtherDecreasesSchedule
Name:
THE CERES FOUNDATION INC
EIN:
91-2170962
Description Amount
COST BASIS ADJUSTMENT 384,794


TY 2023 OtherExpensesSchedule
Name:
THE CERES FOUNDATION INC
EIN:
91-2170962
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL MEMBERSHIPS 11,750 0   11,750
STATE FILING FEES PAID 1,000 0   1,000
MISCELLANEOUS 9,901 0   9,901


TY 2023 OtherIncomeSchedule2
Name:
THE CERES FOUNDATION INC
EIN:
91-2170962
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ALTERNATIVE INVESTMENT NET INCOME/(LOSS) (EXCL. CAPITAL GAIN-LOSS) 367,523 297,263 367,523
UBTI PORTION OF ALTERNATIVE INVESTMENT NET INCOME (EXCL. CAPITAL GAIN-LOSS) -71,810 0 -71,810


TY 2023 OtherProfessionalFeesSchedule
Name:
THE CERES FOUNDATION INC
EIN:
91-2170962
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 521,291 469,162   52,129
CONSULTANT FOR GRANTEES 87,850 0   87,850
CONSULTANT 15,000 0   15,000
HR/PAYROLL SERVICE FEES 11,334 0   11,334
TECHNOLOGY SUPPORT 550 0   550
GRANT MANAGEMENT 5,250 0   5,250


TY 2023 TaxesSchedule
Name:
THE CERES FOUNDATION INC
EIN:
91-2170962
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 69,069 69,069   0
STATE INCOME TAXES PAID 4,696 0   0
EMPLOYER PAYROLL TAXES PAID 13,519 0   13,519
FEDERAL INCOME TAXES PAID 50,000 0   0