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
FRANKLIN SQUARE HOUSE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 78037
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BELMONT, MA02478
A Employer identification number

04-2103780
B Telephone number (see instructions)

(617) 312-3400
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$25,439,800J 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 65 65  
4 Dividends and interest from securities... 667,441 667,441  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,154,014
b Gross sales price for all assets on line 6a 15,518,623
7 Capital gain net income (from Part IV, line 2)... 2,154,014
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
-47,320 -47,320  
12 Total. Add lines 1 through 11........ 2,774,200 2,774,200  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 208,672 0   208,672
14 Other employee salaries and wages...... 11,820 0   11,820
15 Pension plans, employee benefits....... 15,530 0   15,530
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
32,445 0   32,445
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
152,300 152,300   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
35,030 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,611 0   4,611
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
16,987 0   16,988
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 477,395 152,300   290,066
25 Contributions, gifts, grants paid....... 1,147,682 1,147,682
26 Total expenses and disbursements. Add lines 24 and 25 1,625,077 152,300   1,437,748
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,149,123
b Net investment income (if negative, enter -0-) 2,621,900
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............. 49,847 34,537 34,537
2 Savings and temporary cash investments......... 275,518 4,657,491 4,657,491
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   1,772 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 2,238 2,252 2,252
10a Investments—U.S. and state government obligations (attach schedule) 4,584,630 0 0
b Investments—corporate stock (attach schedule)....... 9,574,648 Click to see attachment
List of Attached Documents:
// Content
6,951,385 		8,023,390
c Investments—corporate bonds (attach schedule)....... 4,432,999 Click to see attachment
List of Attached Documents:
// Content
7,825,945 		7,464,785
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).......... 4,246,952 Click to see attachment
List of Attached Documents:
// Content
4,906,398 		5,213,208
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
48,127 		Click to see attachment
List of Attached Documents:
// Content
44,137 		Click to see attachment
List of Attached Documents:
// Content
44,137
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 23,216,731 24,422,145 25,439,800
Liabilities 17 Accounts payable and accrued expenses.......... 15,127 12,027
18 Grants payable.................    
19 Deferred revenue................. 15,885 14,037
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)......... 31,012 26,064
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........... 23,185,719 24,396,081
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 23,185,719 24,396,081
30 Total liabilities and net assets/fund balances (see instructions). 23,216,731 24,422,145
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
23,185,719
2
Enter amount from Part I, line 27a .....................
2
1,149,123
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
61,239
4
Add lines 1, 2, and 3 ..........................
4
24,396,081
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
24,396,081
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 SALE OF SECURITIES P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 15,518,623   13,364,609 2,154,014
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2,154,014
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,154,014
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 36,444
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 36,444
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 36,444
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 35,473
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 35,473
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 55
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 1,026
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMA
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 arrowWWW.FRANKLINSQUAREHOUSEFOUNDATION.ORG
14
The books are in care ofright arrowROBERT E GOLDSTEIN EXECUTIVE DIRECTOR Telephone no.right arrow (617) 312-3400

Located atright arrowPO BOX 78037BELMONTMA ZIP+4right arrow02478
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ROBERT E GOLDSTEIN EXECUTIVE DIRECTOR
40.00 		208,672 0 0
PO BOX 78037
BELMONT,MA02478
ELLEN CHRISTIE BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
RUTH ELLEN FITCH PRESIDENT
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
DEB CHAUSSE BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
BARRY MILLS BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
JANET FRAZIER BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
HEMMIE CHANG BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
MARILYN CRONE VICE PRESIDENT
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
CELINA E MIRANDA BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
LYNNE SHERIDAN BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
AUDREY K WANG BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
LYNDIA DOWNIE BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
IVY WASHINGTON BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
CHIP FLOWERS TREASURER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
DEBORAH CHAUSSE BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
MARK RICKABAUGH BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
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 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
24,493,559
b
Average of monthly cash balances.......................
1b
148,630
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
24,642,189
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
24,642,189
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
369,633
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
24,272,556
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,213,628
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
1,213,628
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
36,444
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
36,444
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,177,184
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,177,184
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
1,177,184
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
1,437,748
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
1,437,748
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 1,177,184
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......  
b From 2019...... 131,377
c From 2020...... 226,695
d From 2021......  
e From 2022...... 374,391
f Total of lines 3a through e ........ 732,463
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,437,748
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..... 1,177,184
e Remaining amount distributed out of corpus 260,564
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 5 993,027
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 ...... 		993,027
10 Analysis of line 9:
a Excess from 2019.... 131,377
b Excess from 2020.... 226,695
c Excess from 2021....  
d Excess from 2022.... 374,391
e Excess from 2023.... 260,564
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
ROBERT E GOLDSTEIN
PO BOX 78037
BELMONT,MA02478
(617) 312-3400
bThe form in which applications should be submitted and information and materials they should include:
POTENTIAL GRANTEES ARE REQUIRED TO CONTACT THE EXECUTIVE DIRECTOR AND GO THROUGH AN INITIAL SCREENING PROCESS VIA TELEPHONE TO DETERMINE IF THE ORGANIZATION IS WITHIN THE PARAMETERS OF THE FOUNDATION'S MISSION AND APPROPRIATE FOR FUNDING. THE APPLICATION IS AVAILABLE ON THE FOUNDATION'S WEBSITE. GRANT SUBMISSIONS ARE SUBMITTED VIA MAIL TO THE FOUNDATION'S PO BOX AND ELECTRONICALLY, IN ADVANCE OF THE DEADLINE. THE EXECUTIVE DIRECTOR THEN REVIEWS THE APPLICATIONS FOR COMPLETENESS, WRITES A SUMMARY AND DISTRIBUTES A LIST OF ALL SUBMISSIONS AND THE AMOUNT OF ALL GRANT REQUESTS TO THE BOARD OF DIRECTORS. SITE VISITS ARE CONDUCTED BY BOARD MEMBERS. THE FOLLOWING ITEMS ARE REQUIRED AS PART OF THE APPLICATION PROCESS: A COMPLETED STANDARD APPLICATION FORM, IRS DETERMINATION LETTER, 1ST PAGE OF FORM 990, MOST RECENTLY AUDITED FINANCIAL STATEMENTS, PROJECT BUDGET, LIST OF OTHER FUNDING SOURCES, ORGANIZATION BUDGET AND PROJECT TIMELINE.
cAny submission deadlines:
YES, SUBMISSION DEADLINES ARE SET FOR EACH ANNUAL GRANT CYCLE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
MUST BE HOUSING RELATED AND IN SUPPORT OF THE FOUNDATION'S MISSION
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
ROBERT E GOLDSTEIN
PO BOX 78037
BELMONT,MA02478
(617) 312-3400
bThe form in which applications should be submitted and information and materials they should include:
POTENTIAL GRANTEES ARE REQUIRED TO CONTACT THE EXECUTIVE DIRECTOR AND GO THROUGH AN INITIAL SCREENING PROCESS VIA TELEPHONE TO DETERMINE IF THE ORGANIZATION IS WITHIN THE PARAMETERS OF THE FOUNDATION'S MISSION AND APPROPRIATE FOR FUNDING. THE APPLICATION IS AVAILABLE ON THE FOUNDATION'S WEBSITE. GRANT SUBMISSIONS ARE SUBMITTED VIA MAIL TO THE FOUNDATION'S PO BOX AND ELECTRONICALLY, IN ADVANCE OF THE DEADLINE. THE EXECUTIVE DIRECTOR THEN REVIEWS THE APPLICATIONS FOR COMPLETENESS, WRITES A SUMMARY AND DISTRIBUTES A LIST OF ALL SUBMISSIONS AND THE AMOUNT OF ALL GRANT REQUESTS TO THE BOARD OF DIRECTORS. SITE VISITS ARE CONDUCTED BY BOARD MEMBERS. THE FOLLOWING ITEMS ARE REQUIRED AS PART OF THE APPLICATION PROCESS: A COMPLETED STANDARD APPLICATION FORM, IRS DETERMINATION LETTER, 1ST PAGE OF FORM 990, MOST RECENTLY AUDITED FINANCIAL STATEMENTS, PROJECT BUDGET, LIST OF OTHER FUNDING SOURCES, ORGANIZATION BUDGET AND PROJECT TIMELINE.
cAny submission deadlines:
YES, SUBMISSION DEADLINES ARE SET FOR EACH ANNUAL GRANT CYCLE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
IN ADDITION TO BEING A 501(C)(3) ORGANIZATION, GRANTEE MUST BE RACIALLY AND ECONOMICALLY MIXED AND HAVE A HEALTHY MIX OF SUBSIDIZED STUDENTS.
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

ABBY'S HOUSE

52 HIGH STREET
WORCESTER,MA01609 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANT 45,616

ABCD

178 TREMONT STREET
BOSTON,MA02111 		NONE PUBLIC CHARITY CHILDCARE GRANT - EARLY CHILDHOOD CENTER 50,000

ATASK - ASIAN TASK FORCE

PO BOX 120108
BOSTON,MA02112 		NONE PUBLIC CHARITY HOUSING GRANT - DOMESTIC VIOLENCE SHELTER 76,320

BOYS & GIRLS CLUB OF DORCHESTER

1135 DORCHESTER STREET
BOSTON,MA02116 		NONE PUBLIC CHARITY CHILDCARE GRANT - EARLY CHILDHOOD CENTER 53,010

BRIDGEWELL

10 DEARBORN ROAD
PEABODY,MA01960 		NONE PUBLIC CHARITY HOUSING GRANT 7,072

BROCKTON DAY NURSERY

243 CRESCENT STREET
BROCKTON,MA02302 		NONE PUBLIC CHARITY CHILDCARE GRANTS 23,762

CAPE COD YMCA

2245 IYANNOUGH RD
WEST BARNSTABLE,MA02668 		NONE PUBLIC CHARITY CHILDCARE GRANTS 47,331

CASA MYRNA VAZQUEZ

451 BLUE HILL AVE
BOSTON,MA02121 		NONE PUBLIC CHARITY COVID-19 EMERGENCY CAPITAL GRANTS - SHELTER 56,799

COMMUNITY HEALTHLINK

72 JAQUES AVENUE
WORCESTER,MA01610 		NONE PUBLIC CHARITY HOUSING & SHELTER - COVID EMERGENCY GRANT 29,950

DIMOCK

55 DIMOCK STREET
ROXBURY,MA02119 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANT 44,600

EAST BOSTON SOCIAL CENTERS

68 CENTRAL SQUARE
EAST BOSTON,MA02128 		NONE PUBLIC CHARITY COVID EMERGENCY GRANT - EARLY CHILDHOOD CENTER 50,000

FAMILY AID BOSTON

3815 WASHINGTON STREET
BOSTON,MA02130 		NONE PUBLIC CHARITY COVID EMERGENCY AND FOOD SECURITY GRANT 100,000

GREATER LAWRENCE COMMUITY ACTION

305 ESSEX STREET
LAWRENCE,MA01840 		NONE PUBLIC CHARITY COVID EMERGENCY AND CAPITAL GRANT 48,252

HEALTH IMPERATIVES

942 W CHESTNUT ST
BROCKTON,MA02301 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANTS 65,000

HOUSING ASSISTANCE CORPORATION

460 WEST MAIN STREET
HYANNIS,MA02601 		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 25,000

LAZARUS HOUSE

PO BOX 408
LAWRENCE,MA01842 		NONE PUBLIC CHARITY COVID EMERGENCY AND FOOD SECURITY GRANT 29,112

NORTHSTAR LEARNING CENTERS INC

53 LINDEN STREET
NEW BEDFORD,MA02740 		NONE PUBLIC CHARITY CHILDCARE - COVID EMERGENCY GRANT 13,800

PAIGE ACADEMY

26 HIGHLAND AVE
BOSTON,MA02119 		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 49,991

PATHWAYS FOR CHILDREN

29 EMERSON AVENUE
GLOUCESTER,MA01930 		NONE PUBLIC CHARITY CHILDCARE CAPITAL GRANT - EARLY LEARNING CENTER 58,270

THE PSYCOLOGICAL CENTER

11 UNION STREET
LAWRENCE,MA01840 		NONE PUBLIC CHARITY HOUSING & SHELTER - COVID EMERGENCY GRANT 100,000

THE SECOND STEP

PO BOX 600213
NEWTONVILLE,MA02460 		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT 46,894

WOBURN COUNCIL FOR SOCIAL CONCERN

2 MERRIMAC STREET
WOBURN,MA01801 		NONE PUBLIC CHARITY COVID EMERGENCY AND FOOD SEUCRITY GRANT 50,000

YWCA OF CENTRAL MA

1 SALEM ST
WORCESTER,MA01608 		NONE PUBLIC CHARITY COVID EMERGENCY GRANT 76,903
Total .................................right arrow 3a 1,147,682
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 65  
4 Dividends and interest from securities ....     14 667,441  
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 2,154,014  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1 LOSSES 		    18 -47,320  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,774,200 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,774,200
(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:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 32,445 0   32,445

TY 2023 InvestmentsCorpBondsSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Name of Bond End of Year Book Value End of Year Fair Market Value
BBH LIMITED DURATION FUND CL I 2,350,000 2,385,871
FEDERAL HOME LOAN MTG CORP 2.903% BDS 25/06/2029 USD 2.903% 06/25/2029 262,998 232,833
FEDERAL HOME LOAN MTG CORP POOL #RA2970 2.5% 07/01/2050 53,732 45,990
FEDERAL NATL MTG ASSN POOL #AL9679 4% 06/01/2035 45,161 44,125
FEDERAL NATL MTG ASSN POOL #AS8157 4.5% 10/01/2046 52,139 51,722
FNMA PASS-THRU I POOL #FM2333 3.5% 02/01/2050 26,206 24,583
GOLDMAN SACHS GROUP INC 4% SNR MTN 03/03/2024 USD (SEC REGD) (D) 4% 03/03/20 251,213 249,267
GENERAL MOTORS FINL CO 3.95% SNR PIDI NTS 13/04/2024 USD (SEC REGD) 3.95% 04 146,507 149,092
CITIGROUP INC 4% SUB NTS 05/08/2024 USD (SEC REGD) 4% 08/05/2024 156,383 148,341
OLD REPUBLIC INTNATL CORP 4.875% SNR NTS 01/10/2024 USD (SEC REGD) 4.875% 10 127,456 124,011
HEALTH CARE REIT INC 4% SNR NTS 01/06/2025 USD (SEC REGD) 4% 06/01/2025 105,671 98,196
SANTANDER HOLDINGS USA 4.5% SNR NTS 17/07/2025 USD (SEC REGD) 4.5% 07/17/202 131,699 123,654
CAPITAL ONE FINANCIAL 4.2% SUB NTS 29/10/2025 USD (SEC REGD) 4.2% 10/29/2025 251,257 245,143
NORTHERN TRUST CORP 3.95% SUB NTS 30/10/2025 USD (SEC REGD) 3.95% 10/30/2025 103,368 98,286
CBRE SERVICES INC 4.875% SNR NTS 01/03/2026 USD (SEC REGD) 4.875% 03/01/2026 127,796 124,923
US BANCORP 3.1% SUB NTS 27/04/2026 USD (SEC REGD) (W) 3.1% 04/27/2026 127,277 119,824
BROADRIDGE FINANCIAL SOLUTIONS 3.4% SNR NTS 27/06/2026 USD (SEC REGD) 3.4% 0 131,696 120,420
BANK OF AMERICA 4.25% SUB NTS 22/10/2026 USD (SEC REGD) (L) 4.25% 10/22/2026 137,776 122,727
WELLS FARGO & CO 3% SNR NTS 23/10/2026 USD (SEC REGD) 3% 10/23/2026 131,804 118,723
ARCH CAPITAL FINANCE LLC 4.011% SNR NTS 15/12/2026 USD (SEC REGD) 4.011% 12/ 255,555 242,523
VERIZON COMMUNICATIONS INC 4.125% SNR NTS 16/03/2027 USD (SEC REGD) 4.125% 0 217,352 197,202
MORGAN STANLEY 3.95% SUB NTS 23/04/2027 USD (SEC REGD) (F) 3.95% 04/23/2027 149,060 145,688
LOWE'S COS INC NOTE 3.1% 05/03/2027 134,360 119,750
DIGITAL REALTY TRUST LP 3.7% SNR NTS 15/08/2027 USD (SEC REGD) 3.7% 08/15/20 109,390 96,457
ELEVANCE HEALTH IN 3.65% SNR PIDI NTS 01/12/2027 USD (SEC REGD) 3.65% 12/01/ 161,236 145,293
SCHWAB CHARLES CORP NEW 3.2% SNR NTS 25/01/2028 USD (SEC REGD) 3.2% 01/25/20 127,425 118,070
WALMART INC 3.7% SNR NTS 26/06/2028 USD (SEC REGD) 3.7% 06/26/2028 106,564 98,884
COMCAST CORP 4.15% SNR NTS 15/10/2028 USD (SEC REGD) 4.15% 10/15/2028 140,395 123,365
JPMORGAN CHASE CO. FXD-FRN SNR 23/04/2029 USD (SEC REGD) 4.005% 04/23/2029 167,452 144,453
NORTHERN TRUST CORP 3.15% SNR NTS 03/05/2029 USD (SEC REGD) 3.15% 05/03/2029 143,319 141,393
MASTERCARD INCORPORATED 2.95% SNR NTS 01/06/2029 USD (SEC REGD) 2.95% 06/01/ 108,335 93,952
HOME DEPOT INC 2.7% SNR NTS 15/04/2030 USD (SEC REGD) 2.7% 04/15/2030 113,578 113,891
NORTHERN TRUST CORP 6.125% JNR SUB NTS 02/11/2032 USD (SEC REGD) 6.125% 11/0 100,687 107,383
BANK OF AMERICA CORP DEP SHS PER1/1000E 174,749 160,300
CAPITAL ONE FINANCIAL DEPOSITARY SHARES EACH REPRESENTING A 1/40TH INTEREST 149,214 105,840
DIGITAL REALTY TRUST INC 5.200% SERIES L CUMULATIVE REDEEMABLE PREFERRED STO 153,574 133,680
NATIONAL STORAGE AFFILIATES TRUS 6.000% SERIES A CUMULATIVE REDEEMABLE PREFE 232,454 236,400
SYNCHRONY FINANCIAL DEPOSITARY SHARES EACH REPRESENTING A 1/40TH INTEREST IN 126,664 86,250
PAYDEN PAYDEN LOW DURATION FUND 134,181 130,394
BANK OF MONTREAL BANK OF MONTREAL 1.85% 05/01/2025 100,262 95,886

TY 2023 InvestmentsCorpStockSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Name of Stock End of Year Book Value End of Year Fair Market Value
AMAZON.COM INC 102,212 124,895
BOOKING HOLDINGS INC COM STK 52,482 60,303
MCDONALD'S CORP 89,976 101,110
NIKE INC CL B 64,416 78,061
TRACTOR SUPPLY COMPANY COM STK 75,373 79,561
COSTCO WHOLESALE CORP 81,388 95,712
DIAGEO PLC- SPONSORED ADR 37,153 36,415
KENVUE INC. COM 70,300 74,322
NESTLE S A SPONS ADR 71,211 73,078
PEPSICO INC 85,354 85,769
PROCTER & GAMBLE CO 52,618 95,104
SYSCO CORP 89,686 100,334
COTERRA ENERGY INC CL A 100,587 95,190
EOG RESOURCES INC 63,098 58,903
AMERICAN TOWER REIT INC 112,301 111,178
BERKSHIRE HATHAWAY INC-CL B 100,041 99,865
BLACKROCK INC COM 107,577 135,571
ARTHUR J GALLAGHER & CO 75,363 73,761
PROGRESSIVE CORP OHIO 70,601 80,436
S&P GLOBAL INC COM STK 98,605 119,821
CHUBB LTD COM STK 75,661 81,360
ABBOTT LABORATORIES 112,774 137,037
JOHNSON & JOHNSON 94,411 94,514
ROCHE HLDG LTD SPONS ADR 101,397 107,241
THERMO FISHER SCIENTIFIC INC 70,877 75,372
UNITEDHEALTH GROUP INC 90,990 95,291
ZOETIS INC COM STK 84,264 97,303
MEDTRONIC PLC COM STK 105,495 105,035
ALCON INC COM STK 63,765 65,230
UNITED PARCEL SERVICE CL B 105,671 109,904
WASTE MANAGEMENT INC 126,555 145,967
ADOBE INC 63,948 75,768
AMPHENOL CORP CL A 68,665 82,972
APPLE COMPUTER INC 30,000 194,070
APPLIED MATERIALS INC 66,291 80,063
AUTOMATIC DATA PROCESSING INC 80,926 79,676
KLA CORPORATION 98,309 129,049
MASTERCARD INCORPORATED 116,388 126,247
MICROSOFT CORP 122,929 234,273
ORACLE CORP 93,890 142,225
TEXAS INSTRUMENTS INC 136,548 147,618
ECOLAB INC 66,567 75,373
LINDE PLC 155,875 171,677
ALPHABET INC CL C 144,108 155,728
AMERICAN WTR WKS CO INC 64,643 72,726
XCEL ENERGY INC 90,752 98,189
AMN HEALTHCARE SERVICES INC COM STK 28,718 25,983
ADVANCED DRAINAGE SYSTEM INC COM 33,547 41,348
CLARKSTON FOUNDERS FUND - FOUNDERS CLASS 900,000 964,739
APTARGROUP INC COM 22,365 22,375
ARISTA NETWORKS INC COM STK 22,775 29,439
BRIGHT HORIZONS FAMILY SOLUT COM STK 17,017 19,225
BROWN & BROWN INC 37,635 37,759
BRUKER CORP COM STK 28,005 34,095
CROWN HOLDINGS INC COM 35,641 37,665
DARLING INGREDIENTS INC COM 27,018 27,013
ASPEN TECHNOLOGY, INC. COM STK 19,743 22,235
ENTEGRIS INC COM STK 38,950 52,361
GFL ENVIRONMENTAL COM STK 16,999 17,911
GXO LOGISTICS INCORPORATED COMMON STOCK 13,397 14,495
GUIDEWIRE SOFTWARE INC COM STK 38,636 47,978
HEICO CORP CL A 22,946 25,497
LPL FINANCIAL HOLDINGS INC COM STK 25,508 24,355
MISTER CAR WASH INC COM 10,426 16,658
NVR INC COM STK 29,750 35,002
SHIFT4 PAYMENTS INC CL A 21,225 28,918
TAKE-TWO INTERACTIVE SOFTWRE COM STOCK 28,546 33,156
TORO CO COM STK 10,225 11,999
VULCAN MATERIALS CO 23,909 26,787
WATSCO INC COM STK 49,894 58,272
WYNDHAM HOTELS & RESORTS INC COM STK 24,717 28,385
ZEBRA TECHNOLOGIES CORP COM 20,403 24,873
GLOBANT SA COM STK 21,349 25,702
BBH PARTNER FUND - INTERNATIONAL EQUITY 1,350,000 1,529,868

TY 2023 InvestmentsOtherSchedule2
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ALTAROCK PARTNERS SERIES - BBH WS (VALUED AS OF 2/29/2024) AT COST 1,117,319 1,157,489
VALLEY FORGE LARGE CAP EQUITY SERIES - BBH WS (VALUED AS OF 2/29/2024) AT COST 1,119,493 1,186,663
MAKAIRA PARTNERS SERIES - BBH WS (VALUED AS OF 2/29/2024) AT COST 1,097,301 1,190,245
TRINITY STREET INTERNATIONAL PARTNERS SERIES - BBH WS (VALUED AS OF 2/29/202 AT COST 898,739 955,178
GQG PARTNERS EMERGING MARKETS EQUITY SERIES - BBH WS (VALUED AS OF 2/29/2024 AT COST 673,546 723,633

TY 2023 OtherAssetsSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DIVIDENDS RECEIVABLE 48,127 44,137 44,137


TY 2023 OtherExpensesSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES, FEES AND SUBSCRIPTION 1,080 0   1,080
WEBSITE EXPENSES 426 0   426
OFFICE EXPENSES 10,461 0   10,461
INSURANCE 3,457 0   3,457
TELEPHONE 1,300 0   1,300
MISCELLANEOUS EXPENSES 263 0   264


TY 2023 OtherIncomeSchedule2
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 LOSSES -47,320 -47,320 -47,320


TY 2023 OtherIncreasesSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Description Amount
ADJUSTMENT TO COST BASIS 61,239


TY 2023 OtherProfessionalFeesSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER CONSULTANTS 0 0   0
INVESTMENT ADVISORY FEES 152,300 152,300   0


TY 2023 TaxesSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX ON INVESTMENT INCOME 35,030 0   0