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
CHARLES DOWNEY FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1532 AFT
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PENNINGTON, NJ08534
A Employer identification number

81-0902969
B Telephone number (see instructions)

(888) 866-3275
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$2,878,419J 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... 79,822 79,803  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -45,556
b Gross sales price for all assets on line 6a 4,946,970
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,087    
12 Total. Add lines 1 through 11........ 41,353 79,803  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,250 0 0 1,250
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
20,481 12,289   8,192
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,128     0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,859 12,289 0 9,442
25 Contributions, gifts, grants paid....... 429,370 429,370
26 Total expenses and disbursements. Add lines 24 and 25 452,229 12,289 0 438,812
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -410,876
b Net investment income (if negative, enter -0-) 67,514
c Adjusted net income (if negative, enter -0-)... 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............. 3,144 111,460 111,460
2 Savings and temporary cash investments......... 319,057 206,257 206,257
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)   Click to see attachment
List of Attached Documents:
// Content
276,186 		280,102
b Investments—corporate stock (attach schedule)....... 1,930,724 Click to see attachment
List of Attached Documents:
// Content
1,550,961 		1,831,461
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).......... 751,715 Click to see attachment
List of Attached Documents:
// Content
445,426 		449,139
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) 3,004,640 2,590,290 2,878,419
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........ 3,004,640 2,590,290
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 3,004,640 2,590,290
30 Total liabilities and net assets/fund balances (see instructions). 3,004,640 2,590,290
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
3,004,640
2
Enter amount from Part I, line 27a .....................
2
-410,876
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,593,764
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
3,474
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,590,290
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 34. AMN HEALTHCARE SVCS INC   2023-01-27 2023-03-01
b 773. AMN HEALTHCARE SVCS INC   2022-12-01 2023-03-01
c 45. ALPHABET INC SHS CL A   2023-03-01 2023-04-18
d 39. ALPHABET INC SHS CL A   2023-03-01 2023-05-22
e 34. ALPHABET INC SHS CL A   2023-03-01 2023-09-28
53. AMEREN CORP   2022-11-01 2023-04-18
58. AMEREN CORP   2022-11-01 2023-05-22
60. AMEREN CORP   2022-11-01 2023-09-28
22. AMEREN CORP   2023-01-27 2023-12-27
750. AMEREN CORP   2022-11-01 2023-12-27
29. AMERICAN EXPRESS CO   2023-03-01 2023-04-18
469. AMERICAN EXPRESS CO   2023-03-01 2023-05-01
24. AMERISOURCEBERGEN CORP COM   2023-09-05 2023-09-28
37. AMERISOURCEBERGEN CORP COM   2023-10-10 2023-12-01
485. AMERISOURCEBERGEN CORP COM   2023-09-05 2023-12-01
132. APPLE INC   2022-08-04 2023-02-01
233. APPLE INC   2022-08-02 2023-02-01
17. APPLE INC   2022-08-04 2023-09-28
56. APPLIED MATERIALS INCORPORATED   2023-01-10 2023-04-18
52. APPLIED MATERIALS INCORPORATED   2023-01-10 2023-05-22
57. APPLIED MATERIALS INCORPORATED   2023-01-27 2023-06-01
682. APPLIED MATERIALS INCORPORATED   2023-01-10 2023-06-01
1265. ARES MGMT CORP REG S   2022-11-01 2023-01-10
67. BRISTOL MYERS SQUIBB CO COM   2023-04-03 2023-04-18
75. BRISTOL MYERS SQUIBB CO COM   2023-04-03 2023-05-22
1074. BRISTOL MYERS SQUIBB CO COM   2023-04-03 2023-08-01
1192. CF INDS HLDGS INC   2023-11-01 2023-12-01
11. CHEMED CORP   2022-08-02 2023-04-18
12. CHEMED CORP   2022-08-02 2023-05-22
11. CHEMED CORP   2022-08-02 2023-09-28
895. CHESAPEAKE ENERGY CORP   2022-10-03 2023-01-10
94. CISCO SYSTEMS INCORPORATED   2023-03-01 2023-04-18
100. CISCO SYSTEMS INCORPORATED   2023-03-01 2023-05-22
83. CISCO SYSTEMS INCORPORATED   2023-03-01 2023-09-28
1507. CISCO SYSTEMS INCORPORATED   2023-03-01 2023-12-01
396. CONOCOPHILLIPS   2022-08-02 2023-01-10
13. CONOCOPHILLIPS   2022-09-23 2023-01-10
92. CONOCOPHILLIPS   2022-08-22 2023-01-10
126. CONOCOPHILLIPS   2022-08-19 2023-01-10
142. CONOCOPHILLIPS   2022-08-15 2023-01-10
412. CONOCOPHILLIPS   2022-08-04 2023-01-10
613. CONOCOPHILLIPS   2023-10-02 2023-11-01
40. CRANE HOLDINGS CO REG   2022-08-02 2023-04-18
44. CRANE HOLDINGS CO REG   2022-08-02 2023-05-22
50. CRANE HOLDINGS CO REG   2022-08-02 2023-09-28
65. CRANE HOLDINGS CO REG   2022-08-02 2023-04-18
61. CRANE HOLDINGS CO REG   2022-08-02 2023-05-22
257. CRANE HOLDINGS CO REG   2022-08-02 2023-08-04
224. CRANE HOLDINGS CO REG   2022-08-04 2023-08-04
156. CRANE HOLDINGS CO REG   2022-08-04 2023-08-07
128. CRANE HOLDINGS CO REG   2022-08-22 2023-08-07
133. CRANE HOLDINGS CO REG   2022-08-15 2023-08-07
16. CRANE HOLDINGS CO REG   2022-09-23 2023-08-07
125. CRANE HOLDINGS CO REG   2022-08-19 2023-08-07
30. DARDEN RESTAURANTS INC   2023-05-01 2023-05-22
31. DARDEN RESTAURANTS INC   2023-05-01 2023-09-28
309. DARDEN RESTAURANTS INC   2023-05-01 2023-10-02
119. DARDEN RESTAURANTS INC   2023-05-02 2023-10-02
614. ENTERGY CORP   2022-10-03 2023-01-10
111. EXELON CORP COM   2023-02-01 2023-04-18
123. EXELON CORP COM   2023-02-01 2023-05-22
119. EXELON CORP COM   2023-02-01 2023-09-28
1515. EXELON CORP COM   2023-02-01 2023-12-27
20. FACEBOOK INC   2023-07-05 2023-09-28
3578. GRAPHIC PACKAGING HOLDING CO   2023-06-01 2023-08-01
186. HALLIBURTON CO   2023-01-10 2023-04-18
53. HALLIBURTON CO   2023-01-27 2023-05-01
2545. HALLIBURTON CO   2023-01-10 2023-05-01
1712. HARLEY DAVIDSON INC   2023-02-01 2023-03-01
50. HARTFORD FINL SVCS GROUP INC COM   2023-01-27 2023-03-01
1324. HARTFORD FINL SVCS GROUP INC COM   2022-11-01 2023-03-01
18. HERSHEY CO/THE   2022-08-02 2023-04-18
19. HERSHEY CO/THE   2022-08-02 2023-05-22
22. HERSHEY CO/THE   2022-08-02 2023-09-28
4. HERSHEY CO/THE   2022-09-23 2023-11-01
43. HERSHEY CO/THE   2022-08-22 2023-11-01
46. HERSHEY CO/THE   2022-08-15 2023-11-01
6. HERSHEY CO/THE   2023-01-27 2023-11-01
63. HERSHEY CO/THE   2022-08-02 2023-11-01
124. HERSHEY CO/THE   2022-08-04 2023-11-01
43. HERSHEY CO/THE   2022-08-19 2023-11-01
9. HESS CORP   2022-09-23 2023-01-10
85. HESS CORP   2022-08-19 2023-01-10
97. HESS CORP   2022-08-15 2023-01-10
275. HESS CORP   2022-08-04 2023-01-10
259. HESS CORP   2022-08-02 2023-01-10
70. HESS CORP   2022-08-22 2023-01-10
261. HOME DEPOT INC/THE   2023-01-17 2023-03-01
5. HOME DEPOT INC/THE   2023-01-27 2023-03-01
128. INTERPUBLIC GROUP OF COS INC/THE   2023-05-01 2023-05-22
1392. INTERPUBLIC GROUP OF COS INC/THE   2023-05-01 2023-08-01
510. INTERPUBLIC GROUP OF COS INC/THE   2023-05-02 2023-08-01
100. ISHARES TIPS BOND ETF   2023-01-18 2023-12-21
2. ISHARES TIPS BOND ETF   2023-01-27 2023-12-21
15. ISHARES TIPS BOND ETF   2022-09-23 2023-12-21
151. ISHARES TIPS BOND ETF   2022-08-15 2023-12-21
156. ISHARES TIPS BOND ETF   2022-08-22 2023-12-21
143. ISHARES TIPS BOND ETF   2022-08-19 2023-12-21
122. ISHARES TIPS BOND ETF   2022-08-04 2023-12-21
406. ISHARES TIPS BOND ETF   2022-08-02 2023-12-21
283. ISHARES TIPS BOND ETF   2022-08-04 2023-12-21
6. ISHARES 20 YEAR TREASURY BOND ETF   2023-01-27 2023-12-12
1390. ISHARES 20 YEAR TREASURY BOND ETF   2023-01-18 2023-12-12
128. ISHARES IBOXX$ HIGH YIEL   2022-08-19 2023-01-18
243. ISHARES IBOXX$ HIGH YIEL   2022-08-02 2023-01-18
89. ISHARES IBOXX$ HIGH YIEL   2022-08-15 2023-01-18
241. ISHARES IBOXX$ HIGH YIEL   2022-08-04 2023-01-18
304. ISHARES IBOXX$ HIGH YIEL   2022-08-22 2023-01-18
14. ISHARES IBOXX$ HIGH YIEL   2022-09-23 2023-01-18
37. JABIL INC   2023-03-01 2023-04-18
39. JABIL INC   2023-03-01 2023-05-22
37. JABIL INC   2023-03-01 2023-09-28
732. JABIL INC   2023-03-01 2023-12-01
11. KLA-TENCOR CORP COM   2023-05-01 2023-05-22
10. KLA-TENCOR CORP COM   2023-05-01 2023-09-28
4174. KIMCO REALTY CORP   2022-12-01 2023-03-01
132. KROGER CO   2022-11-01 2023-04-18
131. KROGER CO   2022-11-01 2023-05-22
1766. KROGER CO   2022-11-01 2023-07-05
130. KROGER CO   2023-01-27 2023-07-05
3351. MGIC INVESTMENT CORP   2023-01-10 2023-03-01
3274. MGIC INVESTMENT CORP   2023-01-11 2023-03-01
38. MARATHON PETROLEUM CORP   2023-08-01 2023-09-28
6. MICROSOFT CORPORATION   2022-09-23 2023-01-10
52. MICROSOFT CORPORATION   2022-08-22 2023-01-10
46. MICROSOFT CORPORATION   2022-08-19 2023-01-10
48. MICROSOFT CORPORATION   2022-08-15 2023-01-10
134. MICROSOFT CORPORATION   2022-08-04 2023-01-10
137. MICROSOFT CORPORATION   2022-08-02 2023-01-10
77. MICROCHIP TECHNOLOGY INC COM   2023-02-01 2023-04-18
938. MICROCHIP TECHNOLOGY INC COM   2023-02-01 2023-05-01
539. OWENS CORNING   2023-10-02 2023-11-01
1264. PATTERSON COMPANIES INC   2023-03-01 2023-04-03
1384. PATTERSON COMPANIES INC   2023-03-01 2023-04-04
590. PATTERSON COMPANIES INC   2023-03-01 2023-04-05
2165. PATTERSON COMPANIES INC   2023-08-01 2023-09-05
1257. PAYPAL HOLDINGS INC SHS   2023-10-02 2023-12-01
82. PENSKE AUTOMOTIVE GROUP INC   2022-08-19 2023-01-17
86. PENSKE AUTOMOTIVE GROUP INC   2022-08-22 2023-01-17
10. PENSKE AUTOMOTIVE GROUP INC   2022-09-23 2023-01-17
89. PENSKE AUTOMOTIVE GROUP INC   2022-08-15 2023-01-17
241. PENSKE AUTOMOTIVE GROUP INC   2022-08-02 2023-01-17
242. PENSKE AUTOMOTIVE GROUP INC   2022-08-04 2023-01-17
26. PEPSICO INCORPORATED   2023-01-10 2023-04-18
26. PEPSICO INCORPORATED   2023-01-10 2023-05-22
26. PEPSICO INCORPORATED   2023-01-10 2023-09-28
543. PEPSICO INCORPORATED   2023-01-10 2023-10-02
30. PHILLIPS 66   2023-03-01 2023-04-18
634. PHILLIPS 66   2023-03-01 2023-05-01
1550. SPDR BLOOMBERG BARCLAYS   2018-09-05 2023-01-18
29. SALESFORCE COM INC   2023-06-01 2023-09-28
373. SALESFORCE COM INC   2023-06-01 2023-10-10
110. SONOCO PRODUCTS CO   2023-05-01 2023-05-22
303. SONOCO PRODUCTS CO   2023-05-02 2023-06-01
929. SONOCO PRODUCTS CO   2023-05-01 2023-06-01
208. SYNOVUS FINANCIAL CORP   2022-08-22 2023-01-10
27. SYNOVUS FINANCIAL CORP   2022-09-23 2023-01-10
227. SYNOVUS FINANCIAL CORP   2022-08-19 2023-01-10
244. SYNOVUS FINANCIAL CORP   2022-08-15 2023-01-10
707. SYNOVUS FINANCIAL CORP   2022-08-02 2023-01-10
718. SYNOVUS FINANCIAL CORP   2022-08-04 2023-01-10
60. TJX COMPANIES INCORPORATED NEW   2023-03-01 2023-04-18
62. TJX COMPANIES INCORPORATED NEW   2023-03-01 2023-05-22
50. TJX COMPANIES INCORPORATED NEW   2023-03-01 2023-09-28
32. T-MOBILE US INC SHS   2023-08-01 2023-09-28
486. T-MOBILE US INC SHS   2023-08-01 2023-10-10
148. TRACTOR SUPPLY CO   2022-08-02 2023-02-01
148. TRACTOR SUPPLY CO   2022-08-04 2023-02-01
53. TRACTOR SUPPLY CO   2022-08-15 2023-02-01
49. TRACTOR SUPPLY CO   2022-08-19 2023-02-01
5. TRACTOR SUPPLY CO   2022-09-23 2023-02-01
44. TRACTOR SUPPLY CO   2022-08-22 2023-02-01
17. UNITED RENTALS INC   2022-12-01 2023-04-18
19. UNITED RENTALS INC   2022-12-01 2023-05-22
13. UNITED RENTALS INC   2022-12-01 2023-09-28
1. UNITED RENTALS INC   2023-01-27 2023-11-01
222. UNITED RENTALS INC   2022-12-01 2023-11-01
12. UNITEDHEALTH GROUP INC   2022-08-02 2023-04-18
14. UNITEDHEALTH GROUP INC   2022-08-02 2023-05-22
12. UNITEDHEALTH GROUP INC   2022-08-02 2023-09-28
858. VALERO ENERGY CORP - NEW   2023-01-10 2023-03-01
367. VICTORY CAPITAL HOLDINGS INC   2023-01-10 2023-04-18
146. VICTORY CAPITAL HOLDINGS INC   2023-01-11 2023-05-01
72. VICTORY CAPITAL HOLDINGS INC   2023-01-10 2023-05-01
1728. VICTORY CAPITAL HOLDINGS INC   2023-01-11 2023-05-02
201. VICTORY CAPITAL HOLDINGS INC   2023-01-11 2023-05-22
442. VICTORY CAPITAL HOLDINGS INC   2023-01-11 2023-09-05
23. VICTORY CAPITAL HOLDINGS INC   2023-01-27 2023-09-05
1001. VICTORY CAPITAL HOLDINGS INC   2023-04-03 2023-09-05
1288. VICTORY CAPITAL HOLDINGS INC   2023-04-04 2023-09-05
534. VICTORY CAPITAL HOLDINGS INC   2023-04-05 2023-09-05
21. VISA INC   2023-05-01 2023-05-22
19. VISA INC   2023-05-01 2023-09-28
273. VISA INC   2023-05-01 2023-10-02
1153. VOYA FINL INC SHS   2023-03-01 2023-04-03
89. VOYA FINL INC SHS   2023-09-05 2023-09-28
1183. VOYA FINL INC SHS   2023-09-05 2023-10-02
872. WEC ENERGY GROUP INC   2023-01-10 2023-02-01
20. WEC ENERGY GROUP INC   2023-01-27 2023-02-01
(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 3,060   3,257 -197
b 69,579   94,609 -25,030
c 4,729   4,067 662
d 4,884   3,525 1,359
e 4,520   3,073 1,447
4,697   4,350 347
4,863   4,760 103
4,477   4,924 -447
1,574   1,930 -356
53,655   61,552 -7,897
4,769   5,106 -337
74,959   82,573 -7,614
4,415   4,160 255
7,538   6,950 588
98,811   84,066 14,745
18,797   21,787 -2,990
33,179   37,751 -4,572
2,922   2,806 116
6,259   6,003 256
6,554   5,574 980
7,658   6,387 1,271
91,628   73,106 18,522
91,517   97,846 -6,329
4,706   4,675 31
4,919   5,234 -315
66,170   74,945 -8,775
90,995   94,679 -3,684
6,116   5,307 809
6,449   5,790 659
5,692   5,307 385
78,250   87,878 -9,628
4,726   4,535 191
4,911   4,824 87
4,481   4,004 477
73,152   72,702 450
46,558   37,697 8,861
1,528   1,332 196
10,817   9,500 1,317
14,814   13,238 1,576
16,695   14,001 2,694
48,439   37,597 10,842
72,835   71,602 1,233
3,170   2,566 604
3,296   2,822 474
4,483   3,207 1,276
3,139   2,231 908
3,249   2,094 1,155
14,633   8,823 5,810
12,754   7,759 4,995
8,964   5,404 3,560
7,355   4,559 2,796
7,642   4,881 2,761
919   476 443
7,183   4,592 2,591
4,875   4,554 321
4,446   4,706 -260
44,024   46,908 -2,884
16,954   18,070 -1,116
65,944   63,266 2,678
4,741   4,652 89
4,897   5,155 -258
4,536   4,987 -451
53,465   63,492 -10,027
6,121   5,893 228
83,684   86,285 -2,601
6,273   7,609 -1,336
1,718   2,140 -422
82,499   104,106 -21,607
81,513   77,949 3,564
3,899   3,828 71
103,251   97,475 5,776
4,661   4,158 503
4,993   4,389 604
4,425   5,082 -657
754   899 -145
8,109   10,005 -1,896
8,675   10,506 -1,831
1,131   1,315 -184
11,880   14,553 -2,673
23,384   28,312 -4,928
8,109   10,004 -1,895
1,295   951 344
12,235   9,933 2,302
13,962   10,434 3,528
39,582   28,242 11,340
37,280   28,329 8,951
10,076   7,995 2,081
76,023   86,794 -10,771
1,456   1,576 -120
4,915   4,634 281
47,057   50,391 -3,334
17,241   18,260 -1,019
10,788   10,848 -60
216   218 -2
1,618   1,613 5
16,290   17,452 -1,162
16,829   17,992 -1,163
15,427   16,504 -1,077
13,161   14,196 -1,035
43,717   47,164 -3,447
30,473   32,931 -2,458
564   639 -75
130,770   149,188 -18,418
9,805   9,864 -59
18,613   18,865 -252
6,817   7,015 -198
18,460   18,846 -386
23,286   23,206 80
1,072   1,013 59
3,099   3,115 -16
3,276   3,283 -7
4,495   3,115 1,380
86,180   61,624 24,556
4,634   4,247 387
4,597   3,861 736
84,873   95,732 -10,859
6,292   6,223 69
6,509   6,175 334
82,754   83,251 -497
6,092   5,839 253
45,726   43,013 2,713
44,675   42,944 1,731
5,901   5,077 824
1,371   1,434 -63
11,883   14,506 -2,623
10,512   13,229 -2,717
10,969   13,961 -2,992
30,622   37,721 -7,099
31,308   37,905 -6,597
6,241   6,064 177
70,813   73,873 -3,060
61,671   72,792 -11,121
33,806   34,048 -242
36,582   37,281 -699
15,586   15,893 -307
64,975   72,033 -7,058
74,459   73,479 980
9,469   9,834 -365
9,931   10,202 -271
1,155   1,006 149
10,278   10,448 -170
27,831   28,312 -481
27,946   28,246 -300
4,790   4,629 161
4,885   4,629 256
4,392   4,629 -237
91,313   96,674 -5,361
3,142   3,181 -39
62,221   67,226 -5,005
141,963   141,763 200
5,930   6,191 -261
77,558   79,635 -2,077
6,555   6,834 -279
17,957   18,349 -392
55,056   57,714 -2,658
8,050   8,803 -753
1,045   1,010 35
8,786   9,871 -1,085
9,443   10,493 -1,050
27,363   28,294 -931
27,789   28,267 -478
4,672   4,588 84
4,930   4,741 189
4,463   3,823 640
4,491   4,368 123
68,846   66,338 2,508
33,286   28,341 4,945
33,286   28,244 5,042
11,920   10,437 1,483
11,020   9,967 1,053
1,125   936 189
9,896   8,873 1,023
6,561   6,048 513
6,508   6,760 -252
5,905   4,625 1,280
402   437 -35
89,225   78,979 10,246
6,062   6,471 -409
6,733   7,549 -816
6,120   6,471 -351
117,961   112,320 5,641
10,999   10,646 353
4,429   4,363 66
2,184   2,089 95
50,838   51,642 -804
6,535   6,007 528
14,828   13,209 1,619
772   679 93
33,581   29,413 4,168
43,209   37,579 5,630
17,914   15,611 2,303
4,894   4,925 -31
4,408   4,456 -48
62,867   64,019 -1,152
82,037   87,536 -5,499
5,978   6,048 -70
77,699   80,387 -2,688
81,690   83,970 -2,280
1,874   1,859 15
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       -197
b       -25,030
c       662
d       1,359
e       1,447
      347
      103
      -447
      -356
      -7,897
      -337
      -7,614
      255
      588
      14,745
      -2,990
      -4,572
      116
      256
      980
      1,271
      18,522
      -6,329
      31
      -315
      -8,775
      -3,684
      809
      659
      385
      -9,628
      191
      87
      477
      450
      8,861
      196
      1,317
      1,576
      2,694
      10,842
      1,233
      604
      474
      1,276
      908
      1,155
      5,810
      4,995
      3,560
      2,796
      2,761
      443
      2,591
      321
      -260
      -2,884
      -1,116
      2,678
      89
      -258
      -451
      -10,027
      228
      -2,601
      -1,336
      -422
      -21,607
      3,564
      71
      5,776
      503
      604
      -657
      -145
      -1,896
      -1,831
      -184
      -2,673
      -4,928
      -1,895
      344
      2,302
      3,528
      11,340
      8,951
      2,081
      -10,771
      -120
      281
      -3,334
      -1,019
      -60
      -2
      5
      -1,162
      -1,163
      -1,077
      -1,035
      -3,447
      -2,458
      -75
      -18,418
      -59
      -252
      -198
      -386
      80
      59
      -16
      -7
      1,380
      24,556
      387
      736
      -10,859
      69
      334
      -497
      253
      2,713
      1,731
      824
      -63
      -2,623
      -2,717
      -2,992
      -7,099
      -6,597
      177
      -3,060
      -11,121
      -242
      -699
      -307
      -7,058
      980
      -365
      -271
      149
      -170
      -481
      -300
      161
      256
      -237
      -5,361
      -39
      -5,005
      200
      -261
      -2,077
      -279
      -392
      -2,658
      -753
      35
      -1,085
      -1,050
      -931
      -478
      84
      189
      640
      123
      2,508
      4,945
      5,042
      1,483
      1,053
      189
      1,023
      513
      -252
      1,280
      -35
      10,246
      -409
      -816
      -351
      5,641
      353
      66
      95
      -804
      528
      1,619
      93
      4,168
      5,630
      2,303
      -31
      -48
      -1,152
      -5,499
      -70
      -2,688
      -2,280
      15
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 -45,556
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) 1 938
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........................... 3 938
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- ..... 5 938
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 1,128
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,128
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 190
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow190 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$   (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 arrowNE
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowBANK OF AMERICA NA Telephone no.right arrow (888) 866-3275

Located atright arrowPO BOX 1532 AFTPENNINGTONNJ ZIP+4right arrow08534
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
CHARLES P DOWNEY PRES/TREAS/DIRECTOR
1 		0    
12853 PINE CIRCLE
OMAHA,NE68144
JUDITH C DOWNEY SECRETARY/DIRECTOR
1 		0    
12853 PINE CIRCLE
OMAHA,NE68144
DOUGLAS C DOWNEY DIRECTOR
1 		0    
1839B GRANT STREET
EVANSTONE,IL60201
JULIE FLEISCHER DIRECTOR
1 		0    
3847 NW 142ND TERRANCE
PORTLAND,OR97229
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 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right 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
2,635,355
b
Average of monthly cash balances.......................
1b
204,306
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
2,839,661
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
2,839,661
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
42,595
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,797,066
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
139,853
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
139,853
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
938
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
938
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
138,915
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
138,915
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
138,915
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
438,812
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
438,812
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 7 138,915
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...... 0
b From 2019...... 32,750
c From 2020...... 230,840
d From 2021...... 0
e From 2022...... 829,788
f Total of lines 3a through e ........ 1,093,378
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 438,812
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..... 138,915
e Remaining amount distributed out of corpus 299,897
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,393,275
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 ...... 		1,393,275
10 Analysis of line 9:
a Excess from 2019.... 32,750
b Excess from 2020.... 230,840
c Excess from 2021.... 0
d Excess from 2022.... 829,788
e Excess from 2023.... 299,897
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).)
CHARLES P DOWNEY JUDITH C DOWNEY
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

UNIVERSITY OF NEBRASKA FOUNDATION

1010 LINCOLN MALL
LINCOLN,NE685082886 		N/A PC UNRESTRICTED GENERAL 89,370

OMAHA COMMUNITY FDN (OCF)

1120 S 101ST STREET
OMAHA,NE68124 		N/A PC UNRESTRICTED GENERAL 160,000

ABIDE NETWORK

3223 N 45TH STREET
OMAHA,NE68104 		N/A PC UNRESTRICTED GENERAL 130,000

YOUNG LIFE

420 N CASCADE AVENUE
COLORADO SPRINGS,CO809033325 		N/A PC UNRESTRICTED GENERAL 50,000
Total .................................right arrow 3a 429,370
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 ........... 		         
4 Dividends and interest from securities ....     14 79,822  
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 -45,556  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFEDERAL TAX REFUND 		    1 7,087  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   41,353  
13Total. Add line 12, columns (b), (d), and (e)..................
13
41,353
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
CHARLES DOWNEY FAMILY FOUNDATION
EIN:
81-0902969
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE 1,250     1,250

TY 2023 InvestmentsCorpStockSchedule
Name:
CHARLES DOWNEY FAMILY FOUNDATION
EIN:
81-0902969
Name of Stock End of Year Book Value End of Year Fair Market Value
91324P102 UNITEDHEALTH GROUP I 99,624 97,397
42809H107 HESS CORP    
594918104 MICROSOFT CORP COM    
427866108 HERSHEY CO/THE    
70959W103 PENSKE AUTOMOTIVE GR    
87161C501 SYNOVUS FINANCIAL CO    
911363109 UNITED RENTALS INC    
224441105 CRANE HOLDINGS CO RE    
001744101 AMN HEALTHCARE SVCS    
037833100 APPLE INC 117,700 130,343
16359R103 CHEMED CORP 100,594 121,043
416515104 HARTFORD FINL SVCS G    
501044101 KROGER CO/THE    
20825C104 CONOCOPHILLIPS    
03990B101 ARES MGMT CORP REG S    
023608102 AMEREN CORP    
165167735 CHESAPEAKE ENERGY CO    
29364G103 ENTERGY CORP    
892356106 TRACTOR SUPPLY CO    
49446R109 KIMCO REALTY CORP    
02079K305 ALPHABET INC SHS 60,379 93,313
126408103 CSX CORP 94,158 110,320
224408104 CRANE HOLDINGS CO RE 81,960 140,468
30303M102 FACEBOOK INC 84,852 101,940
34959E109 FORTINET INC 117,738 114,953
482480100 KLA-TENCOR CORP 67,123 101,146
513272104 LAMB WESTON HOLDINGS 73,290 85,932
56585A102 MARATHON PETROLEUM C 66,401 73,735
58933Y105 MERCK AND CO INC SHS 90,952 95,938
67066G104 NVIDIA CORP 159,429 168,375
743315103 PROGRESSIVE CORP/THE 89,602 87,445
76169C100 REXFORD INDUSTRIAL R 92,644 102,607
872540109 TJX COS INC/THE 56,890 69,795
889478103 TOLL BROTHERS INC 97,625 136,711

TY 2023 InvestmentsGovtObligationsSch
Name:
CHARLES DOWNEY FAMILY FOUNDATION
EIN:
81-0902969
US Government Securities - End of Year Book Value:

276,186
US Government Securities - End of Year Fair Market Value:

280,102
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 InvestmentsOtherSchedule2
Name:
CHARLES DOWNEY FAMILY FOUNDATION
EIN:
81-0902969
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
DAVIS FUNDAMENTAL ETF      
FIRST EAGLE GLOBAL FUND      
LAZARD EMERGING MARKETS      
MATTHEWS PACIFIC TIGER FUND      
OAKMARK FUNDS INTERNATIONAL      
OAKMARK FUNDS INSTITUTIONAL      
PRIMECAP ODYSSEY GROWTH FUND      
ROYCE SPECIAL EQUITY FUND      
ROYCE PA MUTUAL FUND      
SPDR SERIES TRUST      
VANGUARD ST INVEST ADMIRAL      
ARTISAN FUNDS INTL      
OAKMARK SELECT FUND INSTL      
DAVIS NY VENTURE FUND      
FIRST EAGLE OVERSEAS FUND      
LAZARD FDS INC EMERG      
464287242 ISHARES IBOXX INVEST AT COST 151,638 149,280
464287176 ISHARES TIPS BOND ET      
09260B747 BLACKROCK FLOATING R AT COST 293,788 299,859
464288513 ISHARES IBOXX$ HIGH      
78468R663 SPDR BLOOMBERG BARCL      

TY 2023 OtherDecreasesSchedule
Name:
CHARLES DOWNEY FAMILY FOUNDATION
EIN:
81-0902969
Description Amount
TAX COST ADJUSTMENT 1,392
INCOME ADJUSTMENT 2,082


TY 2023 OtherIncomeSchedule2
Name:
CHARLES DOWNEY FAMILY FOUNDATION
EIN:
81-0902969
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FEDERAL TAX REFUND 7,087 0  


TY 2023 OtherProfessionalFeesSchedule
Name:
CHARLES DOWNEY FAMILY FOUNDATION
EIN:
81-0902969
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED 20,481 12,289   8,192


TY 2023 TaxesSchedule
Name:
CHARLES DOWNEY FAMILY FOUNDATION
EIN:
81-0902969
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX ESTIMATES 1,128 0   0