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 FRANKEN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)4 THISTLE LANE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOLMDEL, NJ07733
A Employer identification number

82-3661990
B Telephone number (see instructions)

(917) 599-8636
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$961,549J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 16,612 16,612 16,612
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,502
b Gross sales price for all assets on line 6a 419,931
7 Capital gain net income (from Part IV, line 2)... 5,502
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........ 22,114 22,114 16,612
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 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
3,800 0 0 0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
370 370 370 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 8,657 0 0 0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,557 8,541 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 21,384 8,911 370 0
25 Contributions, gifts, grants paid....... 45,662 45,662
26 Total expenses and disbursements. Add lines 24 and 25 67,046 8,911 370 45,662
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -44,932
b Net investment income (if negative, enter -0-) 13,203
c Adjusted net income (if negative, enter -0-)... 16,242
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............. 48,128 38,861 38,861
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 813,448 Click to see attachment
List of Attached Documents:
// Content
777,526 		922,688
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) 861,576 816,387 961,549
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........... 861,576 816,387
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)..... 861,576 816,387
30 Total liabilities and net assets/fund balances (see instructions). 861,576 816,387
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
861,576
2
Enter amount from Part I, line 27a .....................
2
-44,932
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
816,644
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
257
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
816,387
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 ADOBE INC   2019-12-18 2023-11-20
b ADOBE INC   2019-08-07 2023-11-20
c ADOBE INC   2019-08-07 2023-08-16
d ADVANCE AUTO PARTS INC   2020-11-25 2023-03-24
e ADVANCE AUTO PARTS INC   2020-11-25 2023-03-23
ADVANCE AUTO PARTS INC   2020-11-25 2023-03-17
ADVANCE AUTO PARTS INC   2020-11-25 2023-03-14
ADVANCE AUTO PARTS INC   2019-12-18 2023-03-14
ADVANCE AUTO PARTS INC   2019-12-18 2023-03-08
ADVANCE AUTO PARTS INC   2019-12-18 2023-03-03
ADVANCE AUTO PARTS INC   2019-08-16 2023-03-03
ADVANCE AUTO PARTS INC   2019-08-07 2023-03-02
ADVANCE AUTO PARTS INC   2019-08-07 2023-02-27
ALCON SA ACT NOM   2020-04-27 2023-05-23
ALCON SA ACT NOM   2020-04-23 2023-05-23
AMAZON COM INC COM   2020-11-25 2023-11-17
AMAZON COM INC COM   2019-08-07 2023-08-16
APPLE INC   2020-02-26 2023-11-20
APPLE INC   2020-02-26 2023-09-22
APPLE INC   2020-02-26 2023-08-16
ASML HLDG NV NY REG SHS   2020-11-02 2023-08-16
ASML HLDG NV NY REG SHS   2020-11-02 2023-02-06
ATLASSIAN CORP   2020-11-25 2023-08-16
ATLASSIAN CORP   2020-11-19 2023-08-16
BLACKROCK EQTY DIVIDENDFUND INSTL   2018-12-12 2023-10-17
DELAWARE SMALL CAP COREFUND CL INSTL   2020-03-19 2023-07-19
DEXCOM INC   2022-08-12 2023-10-30
DEXCOM INC   2022-04-29 2023-10-30
DEXCOM INC   2022-04-29 2023-10-27
DEXCOM INC   2022-03-07 2023-10-27
DEXCOM INC   2022-03-07 2023-10-27
DEXCOM INC   2022-03-07 2023-10-25
DEXCOM INC   2022-03-07 2023-10-16
DEXCOM INC   2021-06-10 2023-10-16
DEXCOM INC   2021-06-10 2023-10-12
DEXCOM INC   2021-05-26 2023-10-12
DEXCOM INC   2021-05-26 2023-10-11
DEXCOM INC   2021-05-26 2023-10-05
DEXCOM INC   2021-05-26 2023-09-14
DEXCOM INC   2021-05-25 2023-09-14
DEXCOM INC   2021-05-25 2023-08-16
DEXCOM INC   2021-05-25 2023-03-28
EATON CORP PLC   2021-07-13 2023-08-16
EATON CORP PLC   2021-07-09 2023-08-16
EATON CORP PLC   2021-07-01 2023-08-16
EATON CORP PLC   2021-06-30 2023-07-31
EATON CORP PLC   2021-06-24 2023-07-28
EATON CORP PLC   2021-06-23 2023-07-28
EDGEWOOD GROWTH FUND CLINST   2022-02-08 2023-11-17
EDGEWOOD GROWTH FUND CLINST   2020-11-27 2023-11-17
EDGEWOOD GROWTH FUND CLINST   2020-04-16 2023-10-17
EDGEWOOD GROWTH FUND CLINST   2020-04-16 2023-07-19
EDGEWOOD GROWTH FUND CLINST   2020-03-19 2023-07-19
EDGEWOOD GROWTH FUND CLINST   2020-01-17 2023-07-19
ELI LILLY & CO   2023-03-01 2023-08-16
GS GQG PARTNERS   2020-08-18 2023-10-17
GS GQG PARTNERS   2020-08-18 2023-07-19
GS GQG PARTNERS   2020-08-18 2023-01-19
HONEYWELL INTL INC DEL   2019-08-07 2023-09-13
HONEYWELL INTL INC DEL   2019-08-07 2023-08-16
INTEL CORP   2022-03-25 2023-08-16
INTEL CORP   2022-03-23 2023-08-16
INTUIT INC COM   2023-06-16 2023-09-22
INTUIT INC COM   2023-06-16 2023-08-16
INTUITIVE SURGICAL INCNEW   2021-10-07 2023-08-16
ISH USD HIGH YIELDCORPORATE BOND ETF SH   2021-09-14 2023-01-19
ISH USD HIGH YIELDCORPORATE BOND ETF SH   2020-11-25 2023-01-19
ISH USD HIGH YIELDCORPORATE BOND ETF SH   2020-08-18 2023-01-19
ISH USD HIGH YIELDCORPORATE BOND ETF SH   2020-06-02 2023-01-19
ISH USD HIGH YIELDCORPORATE BOND ETF SH   2020-01-17 2023-01-19
ISH USD HIGH YIELDCORPORATE BOND ETF SH   2019-12-18 2023-01-19
ISH USD HIGH YIELDCORPORATE BOND ETF SH   2019-03-21 2023-01-19
ISHARES INC CORE MSCI   2021-08-10 2023-11-17
ISHARES INC CORE MSCI   2021-01-13 2023-11-17
ISHARES INC CORE MSCI   2020-11-25 2023-11-17
ISHARES INC CORE MSCI   2020-04-16 2023-09-22
ISHARES INC CORE MSCI   2020-04-16 2023-01-19
ISHARES MBS ETF   2023-11-17 2023-12-18
ISHARES MSCI KLD 400   2023-11-17 2023-12-18
ISHARES MSCI KLD 400   2023-11-17 2023-11-21
ISHARES RUSSELL 1000   2023-11-17 2023-11-21
ISHARES RUSSELL 1000   2020-03-19 2023-10-17
ISHARES RUSSELL 1000   2020-03-19 2023-09-22
ISHARES RUSSELL 1000   2020-03-19 2023-07-19
ISHARES RUSSELL 1000   2020-01-17 2023-07-19
ISHARES RUSSELL 1000   2019-12-18 2023-07-19
ISHARES RUSSELL 1000   2018-12-12 2023-10-17
ISHARES TR CORE MSCI   2023-01-19 2023-10-17
ISHARES TR CORE MSCI EAF   2018-12-12 2023-01-19
ISHARES TR CORE MSCI EAF   2022-02-08 2023-01-19
ISHARES TR CORE MSCI EAF   2021-09-14 2023-01-19
ISHARES TR CORE MSCI EAF   2020-11-25 2023-01-19
ISHARES TR CORE MSCI EAF   2020-08-18 2023-01-19
ISHARES TR CORE MSCI EAF   2020-08-07 2023-01-19
ISHARES TR CORE MSCI EAF   2020-06-02 2023-01-19
ISHARES TR CORE MSCI EAF   2020-04-16 2023-01-19
ISHARES TR CORE MSCI EAF   2020-03-19 2023-01-19
ISHARES TR CORE MSCI EAF   2020-01-17 2023-01-19
ISHARES TR CORE MSCI EAF   2019-12-18 2023-01-19
ISHARES TR CORE MSCI EAF   2018-12-14 2023-01-19
ISHARES TR CORE MSCI EAF   2018-12-12 2023-01-19
ISHARES TR CORE MSCI EAF   2018-12-12 2023-01-19
ISHARES TR ISHARES 5-10   2023-11-17 2023-12-18
ISHARES US TREASURY BOND   2023-01-19 2023-11-17
ISHARES US TREASURY BOND   2022-07-13 2023-11-17
ISHARES US TREASURY BOND   2020-11-25 2023-11-17
ISHARES US TREASURY BOND   2020-02-27 2023-09-22
ISHARES US TREASURY BOND   2020-01-28 2023-09-22
MARSH & MCLENNAN COS INC   2022-10-03 2023-09-18
META PLATFORMS INC   2020-11-25 2023-11-20
META PLATFORMS INC   2020-06-18 2023-11-20
META PLATFORMS INC   2020-06-18 2023-08-16
META PLATFORMS INC   2019-12-18 2023-08-16
MFS VALUE FD CL I   2018-12-12 2023-10-17
MICROSOFT CORP   2020-06-02 2023-11-20
MICROSOFT CORP   2019-12-18 2023-11-20
MICROSOFT CORP   2019-08-07 2023-11-20
MICROSOFT CORP   2019-08-07 2023-09-22
MICROSOFT CORP   2019-08-07 2023-08-16
MICROSOFT CORP   2019-08-07 2023-01-30
MONSTER BEVERAGE SHS   2020-11-25 2023-09-22
MONSTER BEVERAGE SHS   2020-11-25 2023-09-05
MONSTER BEVERAGE SHS   2020-11-25 2023-08-16
MONSTER BEVERAGE SHS   2020-05-12 2023-08-16
MONSTER BEVERAGE SHS   2020-05-12 2023-05-09
MONSTER BEVERAGE SHS   2020-04-14 2023-05-09
MONSTER BEVERAGE SHS   2020-03-17 2023-05-09
MONSTER BEVERAGE SHS   2020-03-11 2023-05-09
NETFLIX COM INC   2021-09-17 2023-11-17
NETFLIX COM INC   2021-08-23 2023-11-17
NETFLIX COM INC   2021-08-23 2023-01-30
NETFLIX COM INC   2021-08-19 2023-01-30
NEXTERA ENERGY INC SHS   2022-07-13 2023-11-17
NEXTERA ENERGY INC SHS   2022-07-12 2023-11-17
NIKE INC CL B   2021-10-14 2023-11-17
NIKE INC CL B   2021-10-07 2023-09-05
NIKE INC CL B   2021-10-05 2023-09-05
NIKE INC CL B   2021-10-05 2023-08-16
NVIDIA   2019-08-07 2023-11-20
NVIDIA   2019-08-07 2023-10-25
NVIDIA   2019-08-07 2023-10-23
NVIDIA   2019-08-07 2023-10-04
NVIDIA   2019-08-07 2023-09-20
NVIDIA   2019-08-07 2023-08-16
NVIDIA   2019-08-07 2023-01-30
OAKMARK INTL FD CL   2020-08-18 2023-07-19
OAKMARK INTL FD CL   2020-08-18 2023-01-19
PALO ALTO NETWORKS INC   2020-06-05 2023-09-22
PALO ALTO NETWORKS INC   2020-06-05 2023-08-16
PALO ALTO NETWORKS INC   2019-12-18 2023-08-16
PALO ALTO NETWORKS INC   2019-12-18 2023-08-07
PALO ALTO NETWORKS INC   2019-12-18 2023-07-13
PALO ALTO NETWORKS INC   2019-12-18 2023-01-10
PALO ALTO NETWORKS INC   2019-09-17 2023-01-10
PAYPAL HOLDINGS INC SHS   2021-12-14 2023-11-17
PAYPAL HOLDINGS INC SHS   2022-08-16 2023-11-17
PAYPAL HOLDINGS INC SHS   2022-02-02 2023-11-17
PAYPAL HOLDINGS INC SHS   2022-01-19 2023-11-17
PAYPAL HOLDINGS INC SHS   2022-01-11 2023-11-17
PAYPAL HOLDINGS INC SHS   2022-01-05 2023-11-17
PAYPAL HOLDINGS INC SHS   2021-12-21 2023-11-17
PAYPAL HOLDINGS INC SHS   2021-12-17 2023-11-17
PAYPAL HOLDINGS INC SHS   2021-12-16 2023-11-17
PIMCO INVESTMENT GRADE   2021-08-10 2023-11-17
PIMCO INVESTMENT GRADE   2020-11-27 2023-11-17
PIMCO INVESTMENT GRADE   2020-11-25 2023-11-17
PIMCO INVESTMENT GRADE   2020-06-02 2023-11-17
PIMCO INVESTMENT GRADE   2019-06-24 2023-11-17
PIMCO INVESTMENT GRADE   2019-06-24 2023-09-22
S&P GLOBAL INC   2019-08-07 2023-09-22
S&P GLOBAL INC   2019-08-07 2023-08-16
SALESFORCE INC   2020-11-25 2023-11-17
SALESFORCE INC   2020-11-25 2023-01-30
SALESFORCE INC   2020-08-03 2023-01-30
SALESFORCE INC   2020-07-31 2023-01-30
SEA LTD   2022-05-17 2023-09-27
SEA LTD   2022-01-04 2023-09-27
SEA LTD   2021-11-18 2023-09-27
SEA LTD   2021-11-17 2023-09-27
SEA LTD   2021-11-17 2023-09-26
SEA LTD   2021-05-19 2023-09-26
SEA LTD   2021-04-06 2023-09-26
SEA LTD   2022-05-17 2023-08-21
SEA LTD   2022-01-04 2023-08-21
SHERWIN WILLIAMS   2022-04-29 2023-08-16
SPLUNK INC   2020-12-03 2023-10-12
SPLUNK INC   2020-11-25 2023-10-12
SPLUNK INC   2020-11-25 2023-10-03
SPLUNK INC   2020-11-25 2023-09-22
SPLUNK INC   2020-10-22 2023-09-22
SPLUNK INC   2020-06-02 2023-09-22
SPLUNK INC   2019-08-07 2023-09-22
STRYKER CORP   2022-03-02 2023-08-16
STRYKER CORP   2022-03-02 2023-07-27
THERMO FISHER SCIENTIFIC   2019-08-07 2023-08-16
THERMO FISHER SCIENTIFIC   2019-08-07 2023-06-16
THERMO FISHER SCIENTIFIC   2019-08-07 2023-05-01
THERMO FISHER SCIENTIFIC   2019-08-07 2023-01-03
TRACTOR SUPPLY CO   2022-08-12 2023-01-13
TRACTOR SUPPLY CO   2021-03-23 2023-01-13
TRACTOR SUPPLY CO   2021-03-03 2023-01-13
TRACTOR SUPPLY CO   2021-03-01 2023-01-09
TRACTOR SUPPLY CO   2021-03-01 2023-01-06
TRACTOR SUPPLY CO   2021-02-24 2023-01-03
UBER TECHNOLOGIES INC   2020-08-07 2023-08-16
UBER TECHNOLOGIES INC   2021-06-17 2023-08-16
UBER TECHNOLOGIES INC   2020-05-29 2023-08-16
UNITED PARCEL SVC CL B   2020-11-25 2023-10-23
UNITED PARCEL SVC CL B   2020-06-24 2023-10-23
UNITED PARCEL SVC CL B   2020-06-24 2023-08-16
UNITED PARCEL SVC CL B   2020-06-02 2023-08-16
UNITED PARCEL SVC CL B   2020-06-02 2023-02-01
UNITEDHEALTH GROUP INC   2020-06-02 2023-09-22
UNITEDHEALTH GROUP INC   2020-05-19 2023-09-22
UNITEDHEALTH GROUP INC   2020-05-19 2023-08-16
UNITEDHEALTH GROUP INC   2019-08-07 2023-04-28
UNITEDHEALTH GROUP INC   2020-04-07 2023-04-28
UNITEDHEALTH GROUP INC   2019-12-18 2023-04-28
UNITY SOFTWARE INC   2022-07-18 2023-10-19
UNITY SOFTWARE INC   2022-07-18 2023-10-16
UNITY SOFTWARE INC   2022-02-11 2023-10-16
UNITY SOFTWARE INC   2022-01-25 2023-10-16
UNITY SOFTWARE INC   2022-01-14 2023-08-16
UNITY SOFTWARE INC   2022-01-21 2023-08-16
UNITY SOFTWARE INC   2022-01-14 2023-08-16
VANGUARD FTSE EMERGING   2023-11-17 2023-12-18
VANGUARD INTERM-TERM   2023-11-17 2023-12-18
VANGUARD INTRMDIATE-TERM   2021-08-10 2023-11-17
VANGUARD INTRMDIATE-TERM   2020-11-25 2023-10-17
VANGUARD INTRMDIATE-TERM   2020-08-18 2023-10-17
VANGUARD INTRMDIATE-TERM   2020-08-18 2023-09-22
VANGUARD INTRMDIATE-TERM   2020-08-07 2023-09-22
VANGUARD INTRMDIATE-TERM   2020-08-07 2023-01-19
VANGUARD INTRMDIATE-TERM   2020-06-02 2023-01-19
VANGUARD INTRMDIATE-TERM   2020-04-16 2023-01-19
VANGUARD INTRMDIATE-TERM   2019-12-18 2023-01-19
VANGUARD MORTGAGE-BACKED   2020-11-25 2023-11-17
VANGUARD MORTGAGE-BACKED   2020-01-17 2023-10-17
VANGUARD RUSSELL 1000 ET   2022-09-29 2023-10-17
VANGUARD RUSSELL 1000 ET   2022-09-29 2023-07-19
VANGUARD TOTAL INTERNATL   2019-08-07 2023-10-17
VISA INC CL A SHRS   2019-12-18 2023-08-16
VISA INC CL A SHRS   2019-08-07 2023-08-16
VISA INC CL A SHRS   2019-08-07 2023-08-11
VISA INC CL A SHRS   2019-08-07 2023-01-30
W W GRAINGER INCORP   2019-08-07 2023-11-20
W W GRAINGER INCORP   2019-08-07 2023-08-16
W W GRAINGER INCORP   2019-08-07 2023-08-03
W W GRAINGER INCORP   2019-08-07 2023-07-20
W W GRAINGER INCORP   2019-08-07 2023-07-14
WORKDAY INC CL A   2020-12-08 2023-08-16
ZOETIS INC   2022-10-11 2023-08-16
ZOETIS INC   2022-10-11 2023-07-10
ZOETIS INC   2022-10-11 2023-07-07
ZOETIS INC   2022-10-11 2023-07-06
ZOETIS INC   2022-10-11 2023-06-23
ZOETIS INC   2022-10-11 2023-02-24
ZOETIS INC   2022-10-11 2023-02-22
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,220   653 567
b 610   286 324
c 1,041   572 469
d 993   1,336 -343
e 560   742 -182
239   297 -58
245   297 -52
245   314 -69
528   628 -100
138   157 -19
138   137 1
554   575 -21
280   288 -8
559   374 185
160   107 53
11,587   12,743 -1,156
2,319   1,498 821
1,145   437 708
353   146 207
1,423   582 841
656   366 290
664   366 298
193   215 -22
385   398 -13
201   215 -14
226   126 100
518   536 -18
605   732 -127
89   105 -16
358   425 -67
894   1,063 -169
338   425 -87
158   213 -55
237   298 -61
383   497 -114
153   177 -24
397   442 -45
498   531 -33
309   265 44
103   89 14
572   444 128
686   532 154
437   309 128
655   461 194
874   601 273
1,023   738 285
203   145 58
1,219   869 350
2,786   3,534 -748
4,037   5,226 -1,189
76   74 2
667   596 71
625   464 161
1,917   1,853 64
1,095   629 466
923   855 68
409   376 33
4,974   4,908 66
1,153   970 183
188   162 26
102   155 -53
546   777 -231
510   457 53
502   457 45
2,134   2,390 -256
428   501 -73
1,354   1,546 -192
178   199 -21
534   576 -42
36   41 -5
392   453 -61
1,033   1,172 -139
2,911   3,762 -851
11,396   15,077 -3,681
3,207   3,845 -638
822   720 102
1,666   1,398 268
6,327   6,126 201
19,522   18,543 979
5,522   5,494 28
1,449   1,441 8
1,370   713 657
539   285 254
570   285 285
7,985   5,159 2,826
570   348 222
153   119 34
175   180 -5
924   711 213
198   216 -18
132   155 -23
5,739   5,813 -74
858   802 56
858   777 81
1,253   1,099 154
330   253 77
792   537 255
132   132 0
924   908 16
528   456 72
396   347 49
330   289 41
21,032   20,241 791
14,158   14,893 -735
20,792   22,248 -1,456
5,410   6,732 -1,322
44   51 -7
1,220   1,385 -165
1,975   1,536 439
341   273 68
1,707   1,173 534
598   469 129
1,496   1,019 477
569   461 108
375   183 192
2,623   1,086 1,537
375   134 241
960   401 559
5,480   2,271 3,209
1,455   802 653
877   674 203
502   379 123
1,235   885 350
176   100 76
412   233 179
1,178   631 547
353   178 175
589   311 278
465   586 -121
465   553 -88
355   553 -198
1,776   2,704 -928
1,372   1,931 -559
1,372   1,925 -553
1,167   1,726 -559
503   761 -258
1,107   1,648 -541
215   300 -85
2,490   190 2,300
1,278   114 1,164
1,696   152 1,544
1,751   152 1,599
862   76 786
881   76 805
2,539   494 2,045
703   519 184
2,784   2,283 501
921   307 614
215   77 138
646   230 416
430   154 276
1,198   384 814
268   154 114
402   212 190
623   2,053 -1,430
793   1,416 -623
906   2,108 -1,202
510   1,575 -1,065
397   1,327 -930
453   1,525 -1,072
340   1,118 -778
397   1,303 -906
397   1,336 -939
1,907   2,453 -546
6,147   8,103 -1,956
2,163   2,841 -678
2,206   2,779 -573
4,788   5,958 -1,170
111   138 -27
374   222 152
774   443 331
3,768   4,501 -733
493   794 -301
658   806 -148
329   386 -57
508   959 -451
42   202 -160
85   633 -548
42   313 -271
120   939 -819
241   1,361 -1,120
361   2,238 -1,877
153   320 -167
306   1,594 -1,288
1,651   1,679 -28
295   322 -27
147   201 -54
876   1,205 -329
1,453   2,008 -555
726   1,088 -362
581   765 -184
145   122 23
570   537 33
853   806 47
527   273 254
1,075   547 528
549   273 276
1,105   547 558
442   391 51
663   523 140
884   634 250
220   162 58
445   325 120
446   326 120
1,632   1,205 427
88   99 -11
176   141 35
300   342 -42
899   659 240
172   110 62
344   199 145
550   298 252
508   305 203
508   292 216
1,521   875 646
1,967   974 993
983   507 476
983   588 395
443   572 -129
224   286 -62
112   454 -342
112   417 -305
353   1,171 -818
141   441 -300
212   576 -364
17,346   17,493 -147
41,332   40,308 1,024
3,101   3,802 -701
8,274   10,744 -2,470
75   96 -21
230   288 -58
307   388 -81
726   874 -148
3,228   3,742 -514
323   365 -42
3,390   3,832 -442
6,165   7,522 -1,357
128   160 -32
777   605 172
3,374   2,530 844
475   587 -112
241   186 55
1,210   863 347
480   345 135
2,747   2,071 676
799   269 530
717   269 448
720   269 451
764   269 495
1,518   538 980
932   914 18
1,499   1,174 325
509   440 69
502   440 62
337   293 44
1,009   880 129
664   587 77
1,336   1,174 162
3,082     3,082
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       567
b       324
c       469
d       -343
e       -182
      -58
      -52
      -69
      -100
      -19
      1
      -21
      -8
      185
      53
      -1,156
      821
      708
      207
      841
      290
      298
      -22
      -13
      -14
      100
      -18
      -127
      -16
      -67
      -169
      -87
      -55
      -61
      -114
      -24
      -45
      -33
      44
      14
      128
      154
      128
      194
      273
      285
      58
      350
      -748
      -1,189
      2
      71
      161
      64
      466
      68
      33
      66
      183
      26
      -53
      -231
      53
      45
      -256
      -73
      -192
      -21
      -42
      -5
      -61
      -139
      -851
      -3,681
      -638
      102
      268
      201
      979
      28
      8
      657
      254
      285
      2,826
      222
      34
      -5
      213
      -18
      -23
      -74
      56
      81
      154
      77
      255
      0
      16
      72
      49
      41
      791
      -735
      -1,456
      -1,322
      -7
      -165
      439
      68
      534
      129
      477
      108
      192
      1,537
      241
      559
      3,209
      653
      203
      123
      350
      76
      179
      547
      175
      278
      -121
      -88
      -198
      -928
      -559
      -553
      -559
      -258
      -541
      -85
      2,300
      1,164
      1,544
      1,599
      786
      805
      2,045
      184
      501
      614
      138
      416
      276
      814
      114
      190
      -1,430
      -623
      -1,202
      -1,065
      -930
      -1,072
      -778
      -906
      -939
      -546
      -1,956
      -678
      -573
      -1,170
      -27
      152
      331
      -733
      -301
      -148
      -57
      -451
      -160
      -548
      -271
      -819
      -1,120
      -1,877
      -167
      -1,288
      -28
      -27
      -54
      -329
      -555
      -362
      -184
      23
      33
      47
      254
      528
      276
      558
      51
      140
      250
      58
      120
      120
      427
      -11
      35
      -42
      240
      62
      145
      252
      203
      216
      646
      993
      476
      395
      -129
      -62
      -342
      -305
      -818
      -300
      -364
      -147
      1,024
      -701
      -2,470
      -21
      -58
      -81
      -148
      -514
      -42
      -442
      -1,357
      -32
      172
      844
      -112
      55
      347
      135
      676
      530
      448
      451
      495
      980
      18
      325
      69
      62
      44
      129
      77
      162
      3,082
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 5,502
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 4,892
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) 1 184
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........................... 3 184
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- ..... 5 184
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 0
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 0
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 9 184
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 arrowNJ
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowMARTIN P FRANKEN Telephone no.right arrow (917) 599-8636

Located atright arrow4 THISTLE LANEHOLMDELNJ ZIP+4right arrow07733
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
MARTIN P FRANKEN TRUSTEE
0.00 		0 0 0
4 THISTLE LANE
HOLMDEL,NJ07733
LINDA A FRANKEN TRUSTEE
0.00 		0 0 0
4 THISTLE LANE
HOLMDEL,NJ07733
DANIELLE ERIN LICATA TRUSTEE
0.00 		0 0 0
3463 E LISBON AVENUE
TOMS RIVER,NJ08753
ALANA LINDSEY CARVALHO TRUSTEE
0.00 		0 0 0
159 2ND ST APT 1203
JERSEY CITY,NJ07302
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
865,645
b
Average of monthly cash balances.......................
1b
47,339
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
912,984
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
912,984
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
13,695
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
899,289
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
44,964
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
44,964
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
184
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
184
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
44,780
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
44,780
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
44,780
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
45,662
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
45,662
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 44,780
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......  
c From 2020......  
d From 2021...... 38,634
e From 2022......  
f Total of lines 3a through e ........ 38,634
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 45,662
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..... 44,780
e Remaining amount distributed out of corpus 882
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 39,516
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 ...... 		39,516
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021.... 38,634
d Excess from 2022....  
e Excess from 2023.... 882
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

SAVE THE CHILDREN

501 KINGS HIGHWAY EAST SUITE 400
FAIRFIELD,CT06825 		  501(C)3 AID FOR CHILDREN IN NEED 5,000

THE OLC SCHOOL

248 MARIN BLVD
JERSEY CITY,NJ07302 		  501(C)3 AID FOR STUDENTS 10,000

US FOUNDATION - NATL HOLOCAUST MUSEUM

60 E 42ND ST SUITE 1000
NEW YORK,NY10165 		  501(C)3 AID FOR MUSEUM 10,662

DOCTORS WITHOUT BORDERS

40 RECTOR ST 16TH FLOOR
NEW YORK,NY10006 		  501(C)3 AID FOR HEALTHCARE 5,000

WOUNDED WARRIOR PROJECT

4899 BELFORD ROD 300
JACKSONVILLE,FL32256 		  501(C)3 AID FOR VETERANS 5,000

AMERICAN FRIENDS OF MAGEN DAVID ADOM

20 W 36TH ST
NEW YORK,NY10018 		  501(C)3 AID FOR ISRAEL 5,000

INTERNATIONAL RESCUE COMMITTEE

263 WEST 38TH ST 6TH FLOOR
NEW YORK,NY10018 		  501(C)3 AID FOR REFUGEES 5,000
Total .................................right arrow 3a 45,662
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 ....     01 16,612  
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 ............ 		    01 3,082 2,420
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 19,694 2,420
13Total. Add line 12, columns (b), (d), and (e)..................
13
22,114
(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.)
8 PROVIDED FUNDS ONLY
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 FRANKEN FAMILY FOUNDATION
EIN:
82-3661990
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 3,800 0 0 0

TY 2023 InvestmentsCorpStockSchedule
Name:
THE FRANKEN FAMILY FOUNDATION
EIN:
82-3661990
Name of Stock End of Year Book Value End of Year Fair Market Value
EQUITIES IN MUTUAL FUNDS 343,908 460,081
MUTUAL FUNDS - CEF/UIT 433,618 462,607

TY 2023 OtherDecreasesSchedule
Name:
THE FRANKEN FAMILY FOUNDATION
EIN:
82-3661990
Description Amount
FEDERAL TAXES 257


TY 2023 OtherExpensesSchedule
Name:
THE FRANKEN FAMILY FOUNDATION
EIN:
82-3661990
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT ADVISORY FEES 7,294 7,294 0 0
ACCOUNT MANAGEMENT FEES 1,247 1,247 0 0
MISCELLANEOUS 16 0 0 0


TY 2023 TaxesSchedule
Name:
THE FRANKEN FAMILY FOUNDATION
EIN:
82-3661990
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 370 370 370 0