Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE ALLEN HILLES FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)150 N RADNOR CHESTER ROAD A110
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RADNOR, PA19087
A Employer identification number

51-6154986
B Telephone number (see instructions)

(610) 896-3868
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$9,834,747J 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... 159,251 159,251  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 194,986
b Gross sales price for all assets on line 6a 998,273
7 Capital gain net income (from Part IV, line 2)... 194,986
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 354,237 354,237  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,880 2,940   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
111,791 54,551   57,240
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
25 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,017 0   2,017
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
-5,687 0   9,022
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 114,026 57,491   68,279
25 Contributions, gifts, grants paid....... 566,300 566,300
26 Total expenses and disbursements. Add lines 24 and 25 680,326 57,491   634,579
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -326,089
b Net investment income (if negative, enter -0-) 296,746
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 140,135 131,041 131,041
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 arrow260,000
Less: allowance for doubtful accounts right arrow0 260,000 260,000 260,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,225,449 Click to see attachment
List of Attached Documents:
// Content
4,908,454 		9,443,706
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)..........      
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) 5,625,584 5,299,495 9,834,747
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,650,848 3,650,848
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 1,974,736 1,648,647
29 Total net assets or fund balances (see instructions)..... 5,625,584 5,299,495
30 Total liabilities and net assets/fund balances (see instructions). 5,625,584 5,299,495
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
5,625,584
2
Enter amount from Part I, line 27a .....................
2
-326,089
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,299,495
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
5,299,495
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 CHARLES SCHWAB P 2022-12-01 2023-12-31
b LITIGATION SETTLEMENT P 2023-01-01 2023-12-31
c CAPITAL GAINS DIVIDENDS P    
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 962,441   803,287 159,154
b 439     439
c 35,393     35,393
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       159,154
b       439
c       35,393
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 2 194,986
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 4,125
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 4,125
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 4,125
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 2,800
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 2,800
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 1,325
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 arrowDE
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.HILLESFUND.ORG
14
The books are in care ofright arrowEISNER ADVISORY GROUP LLC Telephone no.right arrow (215) 881-8800

Located atright arrow130 N 18TH ST 3000PHILADELPHIAPA ZIP+4right arrow19103
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
ROBERT L DEWEES JR ESQ PRESIDENT
0.00 		0 0 0
150 N RADNOR CHESTER RD SUITE A110
RADNOR,PA19087
STEPHANIE D JUDSON DIRECTOR
0.00 		0 0 0
150 N RADNOR CHESTER RD SUITE A110
RADNOR,PA19087
EDWARD D DEWEES TREASURER
0.00 		0 0 0
150 N RADNOR CHESTER RD SUITE A110
RADNOR,PA19087
PEMBROKE PHILANTHROPY ADV DAPHNE RO SECRETARY (EX OFFICIO)
8.00 		0 0 0
150 N RADNOR CHESTER RD SUITE A110
RADNOR,PA19087
CHRISTINA HOLIDAY DIRECTOR
0.00 		0 0 0
150 N RADNOR CHESTER RD SUITE A110
RADNOR,PA19087
CANDACE MATTHEWS BASS DIRECTOR
0.00 		0 0 0
150 N RADNOR CHESTER RD SUITE A110
RADNOR,PA19087
OCTAVIA HOWELL DIRECTOR
0.00 		0 0 0
150 N RADNOR CHESTER RD SUITE A110
RADNOR,PA19087
BRIAN JONES DIRECTOR
0.00 		0 0 0
150 N RADNOR CHESTER RD SUITE A110
RADNOR,PA19087
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 NONE 0
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 NONE 0
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
9,171,714
b
Average of monthly cash balances.......................
1b
95,245
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
9,266,959
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
9,266,959
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
139,004
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
9,127,955
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
456,398
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
456,398
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
4,125
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
4,125
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
452,273
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
452,273
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
452,273
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
634,579
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
634,579
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 7 452,273
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...... 16,595
b From 2019...... 31,851
c From 2020...... 173,405
d From 2021...... 70,813
e From 2022...... 191,835
f Total of lines 3a through e ........ 484,499
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 634,579
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)........ 		Click to see attachment
List of Attached Documents:
// Content
0
d Applied to 2023 distributable amount..... 452,273
e Remaining amount distributed out of corpus 182,306
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 5 666,805
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) ... 		16,595
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		650,210
10 Analysis of line 9:
a Excess from 2019.... 31,851
b Excess from 2020.... 173,405
c Excess from 2021.... 70,813
d Excess from 2022.... 191,835
e Excess from 2023.... 182,306
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:
ONLINE APPLICATION AT WWWHILLESFUND
150 N RADNOR CHESTER ROAD ROOM A110
RADNOR,PA19087
(610) 896-3868
bThe form in which applications should be submitted and information and materials they should include:
GUIDELINES AND PROCEDURES FORM AND PROPOSAL COVER SHEET (AVAILABLE UPON REQUEST)
cAny submission deadlines:
FEBRUARY 15, AND SEPTEMBER 15
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRANTS ARE MADE ON A ONE-YEAR BASIS. DONEES MUST BE TAX EXEMPT UNDER IRC SEC. 501 C (3). AWARDS ARE LIMITED TO AREAS OF CHILDREN'S EDUCATION, ECONOMIC DEVELOPMENT IN DISADVANTAGED COMMUNITIES AND ACTIVITIES OF THE RELIGIOUS SOCIETY OF FRIENDS. GRANTS ARE GENERALLY LIMITED TO $3,000 TO $10,000 PER RECIPIENT AND FOCUS ON THE CITY OF PHILADELPHIA.
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

ACHIEVE NOW

1735 MARKET ST STE 125 500
PHILADELPHIA,PA19103 		NONE PC GENERAL OPERATING SUPPORT 5,000

AFTER SCHOOL ACTIVITIES PARTNERSHIPS

1617 JOHN F KENNEDY BLVD STE 1855
PHILADELPHIA,PA19103 		NONE PC GENERAL OPERATING SUPPORT 10,000

AFTER SCHOOL ALL STARS

1010 N HANCOCK ST
PHILADELPHIA,PA19123 		NONE PC GENERAL OPERATING SUPPORT 5,000

ALLENS LANE ART CENTER

601 W ALLENS LANE
PHILADELPHIA,PA19119 		NONE PC EDUCATIONAL OUTREACH FOR CHILDREN & FAMILIES EXPERIENCING HOUSING VULNERABILITIES 5,000

AMANDLA

3525 I STREET
PHILADELPHIA,PA19134 		NONE PC GENERAL OPERATING SUPPORT 5,000

ARTWELL

100 W OXFORD ST SUITE E-1200
PHILADELPHIA,PA19122 		NONE PC GENERAL OPERATING SUPPORT 5,000

ASIAN ARTS INITIATIVE

1219 VINE ST
PHILADELPHIA,PA19107 		NONE PC YOUTH ARTS WORKSHOP/YOUTH EDUCATION 7,000

AWBURY ARBORETUM ASSOCIATION INC

1 AWBURY RD
PHILADELPHIA,PA19138 		NONE PC FIELD STUDIES PUBLIC SCHOOL PARTNERSHIP PROGRAM 5,000

BEYOND THE BARS

3500 LANCASTER AVE
PHILADELPHIA,PA19104 		NONE PC RUNNING AND GROWING AN ECOSYSTEM OF SUPPORT FOR YOUTH IMPACTED BY VIOLENCE 10,000

BIG BROTHERS BIG SISTERS OF VERMONT

PO BOX 1729
BATTLEBORO,VT05302 		NONE PC NEK GENERAL OPERATING SUPPORT 5,000

BIG PICTURE ALLIANCE

1315 WALNUT STREET SUITE 133
PHILADELPHIA,PA19107 		NONE PC VIA LUX TEEN MEDIA COLLECTIVE 7,500

BIG PICTURE PHILADELPHIA

2300 MASTER ST
PHILADELPHIA,PA19121 		NONE PC REAL WORLD LEARNING 8,000

BOOK TRUST

191 UNIVERSITY BLVD SUITE 527
DENVER,CO80206 		NONE PC PROMOTING LITERACY IN TITLE 1 PHILADELPHIA SCHOOLS 7,500

BOYS & GIRLS CLUBS OF PHILADELPHIA

1518 WALNUT ST STE 712
PHILADELPHIA,PA19102 		NONE PC CALL-TO-ACTION LITERACY INITIATIVE 6,000

BUILDABRIDGE INTERNATIONAL

205 WEST TULPEHOCKEN
PHILADELPHIA,PA19144 		NONE PC GENERAL OPERATING SUPPORT 7,500

CAMBODIAN ASSOCIATION OF GREATER PHILADELPHIA

5412 N 5TH STREET
PHILADELPHIA,PA19120 		NONE PC CAGP'S MULTICULTURAL OST PROGRAMS 5,000

CENTRO NUEVA CREACION

185 W TIOGA ST
PHILADELPHIA,PA19140 		NONE PC GENERAL OPERATING SUPPORT 8,000

CHILDREN FIRST PA

990 SPRING GARDEN ST
PHILADELPHIA,PA19123 		NONE PC JUSTICE IN EDUCATION 10,000

CIVIC NEWS COMPANY

450 SEVENTH AVENUE 32ND FLOOR
NEW YORK,NY10004 		NONE PC CHALKBEAT PHILADELPHIA 10,000

CODED BY KIDS

3624 MARKET ST 1SD
PHILADELPHIA,PA19104 		NONE PC GENERAL OPERATING SUPPORT 8,000

COLLEGE POSSIBLE PHILADELPHIA

2000 HAMILTON STREET SUITE 303
PHILADELPHIA,PA19130 		NONE PC GENERAL OPERATING SUPPORT 10,000

CRAFTSBURY SAPLINGS

1773 EAST CRAFTSBURY ROAD
CRAFTSBURY,VT05826 		NONE PC WORKFORCE STABILIZATION AND EXPANSION ACTIVITIES 5,000

EDUCATION LAW CENTER PA

1800 JFK BLVD SUITE 1900A
PHILADELPHIA,PA19103 		NONE PC GENERAL OPERATING SUPPORT 10,000

ESPERANZA IMMIGRATION LEGAL SERVICES (EILS)

4261 NORTH 5TH STREET
PHILADELPHIA,PA19140 		NONE PC GENERAL OPERATING SUPPORT 8,000

FAB YOUTH PHILLY

1928 ARIZONA STREET
PHILADELPHIA,PA19125 		NONE PC GENERAL OPERATING SUPPORT 5,000

GIRL SCOUTS OF EASTERN PENNSYLVANIA

330 MANOR RD
MIQUON,PA19444 		NONE PC THE FUNDED INITIATIVES PROGRAM - PHILADELPHIA 5,000

GIRLS ON THE RUN PHILADELPHIA

40 W EVERGREEN AVE SUITE 104
PHILADELPHIA,PA19118 		NONE PC GENERAL OPERATING SUPPORT 7,000

HARLEM LACROSSE - PHILADELPHIA

8 WEST 126TH STREET
NEW YORK,NY10027 		NONE PC GENERAL OPERATING SUPPORT 8,000

HEALTHY NEWSWORKS

PO BOX 431
DREXEL HILL,PA19026 		NONE PC GENERAL OPERATING SUPPORT 5,000

HISTORIC FAIR HILL INC

5501 GERMANTOWN AVE - MARKET SQUARE
PHILADELPHIA,PA19144 		NONE PC GENERAL OPERATING SUPPORT 5,000

HORIZONS AT GREENE STREET FRIENDS SCHOOL

20 W ARMAT STREET
PHILADELPHIA,PA19144 		NONE PC GENERAL OPERATING SUPPORT 5,000

KORESH DANCE COMPANY

2002 RITTENHOUSE SQ
PHILADELPHIA,PA19103 		NONE PC KORESH KIDS DANCE 5,000

LIFT EVERY VOICE PHILLY

990 SPRING GARDEN STREET UNIT 200
PHILADELPHIA,PA19123 		NONE PC GENERAL OPERATING SUPPORT 10,000

MAMADELE FOUNDATION

224 WEST WALNUT LANE FIRST FLOOR
PHILADELPHIA,PA19144 		NONE PC AXE PURO: AFRO-BRAZILIAN PERCUSSION RESIDENCY PROGRAM 5,000

MUSIC WILL

PO BOX 43369
MONTCLAIR,NJ07043 		NONE PC PHILADELPHIA MODERN BAND EXPANSION 2023-2024 5,000

MUSICOPIA

1700 MARKET STREET SUITE 1005
PHILADELPHIA,PA19348 		NONE PC GENERAL OPERATING SUPPORT 7,500

NATIONAL DOMESTIC WORKERS ALLIANCE - PA CHAPTER

45 BROADWAY SUITE 320
NEW YORK,NY10006 		NONE PC GENERAL OPERATING SUPPORT FOR NDWA-PA 10,000

NATIONALITIES SERVICE CENTER

1216 ARCH STREET 4TH FLOOR
PHILADELPHIA,PA191072835 		NONE PC YOUTH WELLNESS WORKSHOP: CONNECTION, COMMUNITY, COMMUNICATION, CONFIDENCE 10,000

NEED IN DEED

441 E HIGH STREET UNIT A
PHILADELPHIA,PA19144 		NONE PC GENERAL OPERATING SUPPORT 5,000

NEIGHBORHOOD BIKE WORKS

3943 LANCASTER AVENUE
PHILADELPHIA,PA19104 		NONE PC GENERAL OPERATING SUPPORT 5,000

NORRIS SQUARE NEIGHBORHOOD PROJECT

2141 N HOWARD ST
PHILADELPHIA,PA19122 		NONE PC GENERAL OPERATING SUPPORT 5,000

NORTH LIGHT COMMUNITY CENTER

175 GREEN LANE
PHILADELPHIA,PA19127 		NONE PC GENERAL OPERATING SUPPORT 7,000

NORTH10 PHILADELPHIA

3890 N 10TH ST
PHILADELPHIA,PA19140 		NONE PC YOUTH PROGRAMMING 10,500

PENNSYLVANIA SOCIETY FOR BIOMEDICAL RESEARCH

PO BOX 1163
CAMP HILL,PA17001 		NONE PC SPARC: BIOMEDICAL SCIENCE EDUCATION FOR UNDERSERVED STUDENTS IN PHILADELPHIA 5,000

PHILA ASSOC OF COMMUNITY DEVELOPMENT CO

1315 WALNUT ST 1600
PHILADELPHIA,PA19107 		NONE PC GENERAL OPERATING SUPPORT 10,000

PHILADELPHIA COMMUNITY EMPOWERMENT THROUGH SOCCER DBA KENSINGTON SOCCER CLU

3400 J STREET ROOM G4
PHILADELPHIA,PA19134 		NONE PC KENSINGTON SOCCER CLUB ORGANIZATIONAL SUPPORT GRANT 5,000

PHILADELPHIA EDUCATION FUND

718 ARCH STREET SUITE 700N
PHILADELPHIA,PA19106 		NONE PC COLLEGE ACCESS PROGRAM ($10,800) AND SPARK PHILADELPHIA ($8000) - AMOUNTS ARE ONE TIME ONLY MAY 2023 18,800

PHILADELPHIA ROBOTICS COALITION INC

100 S JUNIPER ST
PHILADELPHIA,PA19109 		NONE PC GENERAL OPERATING SUPPORT 10,000

PHILADELPHIA SINFONIA ASSOCIATION INC

PO BOX 996
PHILADELPHIA,PA19105 		NONE PC GARY D. WHITE SCHOLARSHIP FUND 5,000

PHILADELPHIA YOUTH ORCHESTRA

PO BOX 41810
PHILADELPHIA,PA19101 		NONE PC TUNE UP PHILLY-ORCHESTRAL PATHWAYS PROGRAM 5,000

PLANNED PARENTHOOD SOUTHEASTERN PENNSYLVANIA

1144 LOCUST STREET
PHILADELPHIA,PA19107 		NONE PC FISCAL YEAR 2024 EDUCATION PROGRAMS 8,000

PLAYWORKS EDUCATION ENERGIZED

100 E PENN SQUARE
PHILADELPHIA,PA19107 		NONE PC GENERAL OPERATING SUPPORT 8,000

PROVIDENCE CENTER

2557 N 5TH ST
PHILADELPHIA,PA19133 		NONE PC GENERAL OPERATING SUPPORT 5,000

READING ALLOWED

275 S 19TH STREET
PHILADELPHIA,PA19103 		NONE PC GENERAL OPERATING SUPPORT 5,000

RESTAURANT OPPORTUNITIES CENTERS PENNSYLVANIA

1329 BUTTONWOOD ST 3RD FLOOR
PHILADELPHIA,PA19123 		NONE PC ROC PENNSYLVANIA GENERAL OPERATING SUPPORT 10,000

ROCK TO THE FUTURE

1201 N 3RD ST 283
PHILADELPHIA,PA19122 		NONE PC GENERAL OPERATING SUPPORT 7,500

RURAL ARTS COLLABORATIVE INC (FKA WONDERARTS)

165 EAST CRAFTSBURY ROAD PO BOX 300
GREENSBORO,VT05841 		NONE PC WONDERKIDS AFTERSCHOOL PROGRAM SCHOOL YEAR 2023-2024 8,000

SCHUYLKILL CENTER FOR ENVIRONMENTAL EDUCATION

8480 HAGYS MILL ROAD
PHILADELPHIA,PA19128 		NONE PC ENVIRONMENTAL EDUCATION AND STEM LEARNING FOR PHILADELPHIA'S HISTORICALLY UNDERSERVED CHILDREN 6,000

SOUTHWEST COMMUNITY DEVELOPMENT CORPORATION

6328 PASCHALL AVE
PHILADELPHIA,PA19142 		NONE PC GENERAL OPERATING SUPPORT 10,000

STUDENTS RUN PHILLY STYLE

1819 JFK BLVD SUITE 480
PHILADELPHIA,PA19103 		NONE PC GENERAL OPERATING SUPPORT 8,000

SUPPORTIVE OLDER WOMEN'S NETWORK (SOWN)

4100 MAIN ST STE 403
PHILADELPHIA,PA19127 		NONE PC PHILLY FAMILIES READ TOGETHER (PFRT) 6,000

THE CLAY STUDIO

1425 N AMERICAN ST
PHILADELPHIA,PA19122 		NONE PC CLAY, PLAY, READ 5,000

THE DREAM PROGRAM INC

1618 TAYLOR RD
EAST FAIRFIELD,VT05448 		NONE PC GUIDED MENTORING IN THE NORTHEAST KINGDOM 5,000

THE FREE LIBRARY OF PHILADELPHIA FOUNDATIONREAD BY 4TH

1901 VINE STREET
PHILADELPHIA,PA19103 		NONE PC GENERAL OPERATING SUPPORT FOR READ BY 4TH 10,000

THE KEYSTONE RESEARCH CENTER (FISCAL SPONSOR OF EDUCATION VOTERS OF PA)

412 N 3RD ST
HARRISBURG,PA17101 		NONE PC GENERAL OPERATING SUPPORT 10,000

THE PHILADELPHIA ACADEMIES INC (PAI)

2 PENN CENTER 1500 JFK BOULEVARD
SUITE 312
PHILADELPHIA,PA19102 		NONE PC MIDDLE SCHOOL INITIATIVE 8,000

THE PRINT CENTER

1614 LATIMER STREET
PHILADELPHIA,PA19103 		NONE PC ARTISTS-IN-SCHOOLS PROGRAM (AISP) 5,000

THE PUBLIC INTEREST LAW CENTER

1500 JOHN F KENNEDY BLVD 802
PHILADELPHIA,PA19102 		NONE PC ENSURING ALL STUDENTS, REGARDLESS OF ZIP CODE, RACE, ETHNICITY, LANGUAGE OR ABILITIES, HAVE ACCESS TO A HIGH-QUALITY PUBLIC EDUCATION 11,000

THE WARDROBE

444 N 3RD STREET SUITE 105
PHILADELPHIA,PA19123 		NONE PC OUTFITTING PEOPLE FOR WORK & LIFE IN PHILADELPHIA 5,000

TREE HOUSE BOOKS

1430 W SUSQUEHANNA AVE
PHILADELPHIA,PA19121 		NONE PC GENERAL OPERATING SUPPORT 7,500

URBAN TREE CONNECTION

1445 N 52ND STREET
PHILADELPHIA,PA19131 		NONE PC GENERAL OPERATING 8,000

VERMONT CHILDREN'S TRUST FOUNDATION

95 ST PAUL STREET SUITE 330
BURLINGTON,VT05401 		NONE PC GENERAL OPERATION SUPPORT NORTHEAST KINGDOM REGION 5,000

VERMONT RURAL EDUCATION COLLABORATIVE INC

825 MEAD HILL RD
DERBY,VT05829 		NONE PC EXPANDING AND SUSTAINING YOUTH LEADERSHIP PROGRAMS & TELLING THE STORY OF COMMUNITY SCHOOLS 7,500

WAGNER FREE INSTITUTE OF SCIENCE

1700 W MONTGOMERY AVE
PHILADELPHIA,PA19121 		NONE PC CHILDRENS EDUCATION AND NEIGHBORHOOD OUTREACH 6,000

WEST PARK CULTURAL CENTER

5114 PARKSIDE AVENUE
PHILADELPHIA,PA19131 		NONE PC GENERAL OPERATING SUPPORT 5,000

WEST PHILADELPHIA ALLIANCE FOR CHILDREN (WEPAC)

PO BOX 9981
PHILADELPHIA,PA19118 		NONE PC GENERAL OPERATING SUPPORT 8,000

WHY NOT PROSPER INC

717 E CHELTEN AVE
PHILADELPHIA,PA19144 		NONE PC GENERAL OPERATING SUPPORT 7,500

WOMEN IN TRANSITION (WIT)

718 ARCH ST SUITE 401N
PHILADELPHIA,PA19106 		NONE PC GENERAL OPERATING SUPPORT 5,000

YOUTH ART & SELF-EMPOWERMENT PROJECT

924 CHERRY STREET FL 4
PHILADELPHIA,PA19107 		NONE PC GENERAL OPERATING SUPPORT 10,000
Total .................................right arrow 3a 566,300
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 ........... 		         
4 Dividends and interest from securities ....     14 159,251  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16    
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 194,986  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 354,237 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
354,237
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE ALLEN HILLES FUND
EIN:
51-6154986
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 5,880 2,940   0

TY 2023 DistributionFromCorpusElection
Name:
THE ALLEN HILLES FUND
EIN:
51-6154986
Election:
ELECTION UNDER REGULATION SECTION 53.4942(A)-3(D)(2)THE ALLEN HILLES FUND HEREBY ELECTS UNDER REGULATION SECTION 53.4942(A)-3(D)(2) TO APPLY THE 2016 EXCESS QUALIFYING DISTRIBUTIONS TO CORPUS.

TY 2023 InvestmentsCorpStockSchedule
Name:
THE ALLEN HILLES FUND
EIN:
51-6154986
Name of Stock End of Year Book Value End of Year Fair Market Value
COMMON STOCK 4,284,635 7,410,875
WILSHIRE TARGET FDS 500,626 1,549,879
OTHER MARKETABLE ASSETS 123,193 482,952

TY 2023 OtherExpensesSchedule
Name:
THE ALLEN HILLES FUND
EIN:
51-6154986
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
WEBSITE 750 0   750
INSURANCE 698 0   698
OFFICE/MISC 767 0   767
DUES AND MEMBERSHIPS 3,494 0   3,494
COMPUTER SOFTWARE 3,313 0   3,313
FEDERAL TAX REFUND -14,709 0   0


TY 2023 OtherProfessionalFeesSchedule
Name:
THE ALLEN HILLES FUND
EIN:
51-6154986
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSES 54,551 54,551   0
FOUNDATION MANAGEMENT 57,240 0   57,240


TY 2023 TaxesSchedule
Name:
THE ALLEN HILLES FUND
EIN:
51-6154986
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 25 0   0