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
TORTUGA CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)CO SACKS PRESS 600 THIRD AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10016
A Employer identification number

51-0245279
B Telephone number (see instructions)

(212) 682-6640
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$153,490,178J 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... 1,238,010 1,238,010  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,946,538
b Gross sales price for all assets on line 6a 56,635,056
7 Capital gain net income (from Part IV, line 2)... 3,946,538
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........ 5,184,548 5,184,548  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 303,525 0   273,173
14 Other employee salaries and wages...... 206,842 0   206,842
15 Pension plans, employee benefits....... 21,846 0   21,846
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
100,560 0   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
11,525 11,525   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,035,921 975,921   30,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
37,100 9,955   25,618
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
1,275 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 33,869 0   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
104,420 54,768   29,200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,856,883 1,052,169   586,679
25 Contributions, gifts, grants paid....... 7,762,816 7,762,816
26 Total expenses and disbursements. Add lines 24 and 25 9,619,699 1,052,169   8,349,495
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,435,151
b Net investment income (if negative, enter -0-) 4,132,379
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............. 71,056 32,379 32,379
2 Savings and temporary cash investments......... 1,838,652 11,507,332 11,507,332
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)....... 97,838,193 Click to see attachment
List of Attached Documents:
// Content
83,731,937 		141,942,097
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 arrow1,518
Less: accumulated depreciation (attach schedule) right arrow1,275 0 Click to see attachment
List of Attached Documents:
// Content
243 		243
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
8,127 		Click to see attachment
List of Attached Documents:
// Content
8,127
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 99,747,901 95,280,018 153,490,178
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) Click to see attachment
List of Attached Documents:
// Content
33,489 		Click to see attachment
List of Attached Documents:
// Content
757
23 Total liabilities (add lines 17 through 22)......... 33,489 757
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 99,714,412 95,279,261
29 Total net assets or fund balances (see instructions)..... 99,714,412 95,279,261
30 Total liabilities and net assets/fund balances (see instructions). 99,747,901 95,280,018
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
99,714,412
2
Enter amount from Part I, line 27a .....................
2
-4,435,151
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
95,279,261
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
95,279,261
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 PUBLICLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 56,635,056   52,688,518 3,946,538
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       3,946,538
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,946,538
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 57,440
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 57,440
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 57,440
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 284,944
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.............. 7 284,944
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 227,504
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow227,504 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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, NY
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 arrowSACKS PRESS LACHER PC Telephone no.right arrow (212) 682-6640

Located atright arrow600 THIRD AVENUENEW YORKNY ZIP+4right arrow10016
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
MILDRED LIVINGSTON PRES, TRUSTEE
5.00 		0 0 0
C/O SACKS 600 THIRD AVE
NEW YORK,NY10016
PATRICIA LIVINGSTON SEC'Y, TRUSTEE
5.00 		0 0 0
C/O SACKS 600 THIRD AVE
NEW YORK,NY10016
ROBERT LIVINGSTON TRUSTEE
5.00 		0 0 0
C/O SACKS 600 THIRD AVE
NEW YORK,NY10016
PHILIP LIVINGSTON TRUSTEE
5.00 		0 0 0
C/O SACKS 600 THIRD AVE
NEW YORK,NY10016
DONNA M COLON TREASURER
5.00 		0 0 0
C/O SACKS 600 THIRD AVE
NEW YORK,NY10016
KAREN HARRIS EXEC DIRECTOR
35.00 		303,525 0 0
534 HAWK PINE RD
NORWICH,VT05055
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
KAY BROMBERG N/A
30.00 		156,500 0 0
217 GARDEN ST
ROSLYN HEIGHTS,NY11577
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
EDGEWOOD MANAGEMENT CO LLC INVESTMENT ADVISORY 975,921
600 STEAMBOAT RD
GREENWICH,CT06830
PATTERSON BELKNAP WEBB & TYLER LLP LEGAL 100,560
1133 AVENUE OF THE AMERICAS
NEW YORK,NY10036
GRIFFIN ADVISORS INC CONSULTING 60,000
3510 GLENWOOD CT
DELRAY BEACH,FL33445
BANK OF NEW YORK CUSTODY AGENT 54,768
PO BOX 185
PITTSBURGH,PA15230
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
129,695,223
b
Average of monthly cash balances.......................
1b
8,674,949
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
138,370,172
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
138,370,172
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,075,553
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
136,294,619
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,814,731
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
6,814,731
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
57,440
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
57,440
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,757,291
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,757,291
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
6,757,291
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
8,349,495
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
8,349,495
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 6,757,291
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...... 860,627
c From 2020...... 1,207,813
d From 2021......  
e From 2022...... 1,204,345
f Total of lines 3a through e ........ 3,272,785
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 8,349,495
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..... 6,757,291
e Remaining amount distributed out of corpus 1,592,204
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 4,864,989
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 ...... 		4,864,989
10 Analysis of line 9:
a Excess from 2019.... 860,627
b Excess from 2020.... 1,207,813
c Excess from 2021....  
d Excess from 2022.... 1,204,345
e Excess from 2023.... 1,592,204
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

FRIENDS OF THE DICKENSON MEMORIAL LIBRARY

MAIN STREET
CLINTWOOD,VA24228 		  PC GENERAL CHARITABLE PURPOSES 5,000

NATIONAL CENTER FOR FAMILY PHILANTHROPY

1667 K ST NW
WASHINGTON,DC20006 		  PC GENERAL CHARITABLE PURPOSES 5,000

OMEGA INSTITUTE FOR HOLISTIC STUDIES INC

150 LAKE DR
RHINEBECK,NY12572 		  PC GENERAL CHARITABLE PURPOSES 10,000

THE NEW YORK COALITION FOR HEALTHY SCHOOL FOOD

PO BOX 737
MAMARONECK,NY10543 		  PC GENERAL CHARITABLE PURPOSES 10,000

ENVIRONMENTAL VOLUNTEERS

2560 EMBARCADERO ROAD
PALO ALTO,CA94303 		  PC GENERAL CHARITABLE PURPOSES 10,000

WHITE FEATHER FARM INC

1389 RT 212
SAUGERTIES,NY12477 		  PC GENERAL CHARITABLE PURPOSES 10,000

ESOPUS CREEK CONSERVANCY

4 SHADY LN
SAUGERTIES,NY12477 		  PC GENERAL CHARITABLE PURPOSES 20,000

ENVIRONMENT AND HUMAN HEALTH INC

1191 RIDGE ROAD
NORTH HAVEN,CT06473 		  PC GENERAL CHARITABLE PURPOSES 25,000

TURTLE SURVIVAL ALLIANCE

1030 JENKINS RD SUITE D
CHARLESTON,SC29407 		  PC GENERAL CHARITABLE PURPOSES 25,000

PUGET SOUNDKEEPER ALLIANCE

130 NICKERSON ST 107
SEATTLE,WA98109 		  PC GENERAL CHARITABLE PURPOSES 30,000

WASHINGTON WILD

305 NORTH 83 ST
SEATTLE,WA98103 		  PC GENERAL CHARITABLE PURPOSES 35,000

CONSERVATION NORTHWEST

1829 10TH AVE W SUITE B
SEATTLE,WA98119 		  PC GENERAL CHARITABLE PURPOSES 40,000

CATSKILL ANIMAL SANCTUARY INC

316 OLD STAGE ROAD
SAUGERTIES,NY12477 		  PC GENERAL CHARITABLE PURPOSES 40,000

WHITMAN WALKER FOUNDATION INC

1377 R ST NW
WASHINGTON,DC20009 		  PC RESEARCH AND GENERAL SUPPORT 44,000

WILD ARIZONA

PO BOX 40340
TUCSON,AZ85717 		  PC GENERAL CHARITABLE PURPOSES 45,000

ALLIANCE FOR A GREEN ECONOMY

2013 E GENESEE ST
SYRACUSE,NY13210 		  PC GENERAL CHARITABLE PURPOSES 50,000

BADLANDS CONSERVATION ALLIANCE

801 N 10TH ST
BISMARCK,ND58501 		  PC GENERAL CHARITABLE PURPOSES 50,000

BRIGID ALLIANCE INC

PO BOX 5B PLANETARIUM STATION
NEW YORK,NY10024 		  PC GENERAL CHARITABLE PURPOSES 50,000

HUMANE EDUCATION ADVOCATES REACHING TEACHERS INC

PO BOX 738
MAMARONECK,NY10543 		  PC GENERAL CHARITABLE PURPOSES 50,000

LEAGUE OF CONSERVATION VOTERS EDUCATION FUND

740 15TH STREET NW 7TH FL
WASHINGTON,DC20005 		  PC GENERAL CHARITABLE PURPOSES 50,000

SOUTH CAROLINA COASTAL CONSERVATION LEAGUE

131 SPRING ST
CHARLESTON,SC29403 		  PC GENERAL CHARITABLE PURPOSES 50,000

NATIVE MOVEMENT

PO BOX 83467
FAIRBANKS,AK99708 		  PC GENERAL CHARITABLE PURPOSES 50,000

UPSTREAM POLICY INSTITUTE INC

426 17TH STREET
OAKLAND,CA94612 		  PC GENERAL CHARITABLE PURPOSES 50,000

FRIENDS OF NEVADA WILDERNESS

PO BOX 9754
RENO,NV89507 		  PC GENERAL CHARITABLE PURPOSES 60,000

GREATER YELLOWSTONE COALITION

215 SOUTH WALLACE AVE
BOZEMAN,MT59715 		  PC GENERAL CHARITABLE PURPOSES 60,000

CONSERVATION LANDS FOUNDATION INC

160 EAST 12TH STREET
DURANGO,CO81301 		  PC GENERAL CHARITABLE PURPOSES 65,000

WILD EARTH GUARDIANS

301 N GUADALUPE ST 201
SANTA FE,NM87501 		  PC GENERAL CHARITABLE PURPOSES 65,000

ENVIRONMENTAL ADVOCATES NY

353 HAMILTON ST
ALBANY,NY12210 		  PC GENERAL CHARITABLE PURPOSES 65,000

WYOMING WILDERNESS ASSOCIATION

811 N MAIN ST
SHERIDAN,WY82801 		  PC PROTECT WYOMING PUBLIC LANDS 65,000

ALASKA CENTER EDUCATION FUND

707 A STREET SUITE 205
ANCHORAGE,AK99501 		  PC GENERAL CHARITABLE PURPOSES 70,000

SUSTAINABLE MARKETS FOUNDATION

45 W 36TH STREET 6TH FLOOR
NEW YORK,NY10018 		  PC ECO-ACCOUNTABILITY PROJECT 70,000

NEW MEXICO WILDERNESS ALLIANCE

317 COMMERCIAL ST NE STE 300
ALBUQUERQUE,NM87102 		  PC GENERAL CHARITABLE PURPOSES 70,000

TERRACORPS INC

116 JOHN STREET
LOWELL,MA01852 		  PC GENERAL CHARITABLE PURPOSES 70,000

PLANNED PARENTHOOD OF THE ROCKY MOUNTAINS INC

7155 E 38 AVE
DENVER,CO80207 		  PC GENERAL CHARITABLE PURPOSES 71,000

APPALACHIAN MOUNTAIN ADVOCATES INC

PO BOX 507
LEWISBURG,WV24901 		  PC GENERAL CHARITABLE PURPOSES 75,000

COMMISSION SHIFT

212 FLORES AVE
LAREDO,TX78040 		  PC GENERAL CHARITABLE PURPOSES 75,000

COMMUNITY FOUNDATION FOR THE ALLEGHENIES

216 FRANKLIN ST SUITE 400
JOHNSTOWN,PA15901 		  PC GENERAL CHARITABLE PURPOSES 75,000

INTERLACE COMMONS INC

9 PLEASANT ST
BRISTOL,VT05443 		  PC GENERAL CHARITABLE PURPOSES 75,000

DOGWOOD ALLIANCE INC

1321 W NEW HOPE DRIVE
CEDAR PARK,TX78613 		  PC GENERAL CHARITABLE PURPOSES 75,000

EARTHJUSTICE

313 EAST MAIN ST
BOZEMAN,MT59772 		  PC GENERAL CHARITABLE PURPOSES 75,000

NATIONAL CAUCUS OF ENVIRONMENTAL LEGISLATORS

1100 H ST NW
WASHINGTON,DC20005 		  PC GENERAL CHARITABLE PURPOSES 75,000

NATIONAL INSTITUTE FOR REPRODUCTIVE HEALTH INC

14 WALL ST
NEW YORK,NY10005 		  PC GENERAL CHARITABLE PURPOSES 75,000

GUARDIANORG FOUNDATION

900 17TH ST NW
WASHINGTON,DC20006 		  PC GENERAL CHARITABLE PURPOSES 75,000

NATIONAL WOMENS LAW CENTER

11 DUPONT CIRCLE NW
WASHINGTON,DC20036 		  PC GENERAL CHARITABLE PURPOSES 75,000

PLANNED PARENTHOOD OF SOUTHERN NEW ENGLAND INC

345 WHITNEY AV
NEW HAVEN,CT06511 		  PC GENERAL CHARITABLE PURPOSES 75,000

VIRGINIA ORGANIZING INC

703 CONCORD AVE
CHARLOTTESVILLE,VA22903 		  PC GENERAL CHARITABLE PURPOSES 75,000

INTERTRIBAL AGRICULTURE COUNCIL INC

100 N 27 ST
BILLINGS,MT59101 		  PC GENERAL CHARITABLE PURPOSES 75,000

NEW VENTURE FUND

1201 CONNECTICUT AVE NW 300
WASHINGTON,DC20036 		  PC GENERAL CHARITABLE PURPOSES 75,000

OREGON NATURAL DESERT ASSOCIATION

50 SW BOND AVENUE
BEND,OR97702 		  PC GENERAL CHARITABLE PURPOSES 75,000

PARTNERSHIP FOR POLICY INTEGRITY

54 ARNOLD RD
PELHAM,MA01002 		  PC GENERAL CHARITABLE PURPOSES 75,000

SCENIC HUDSON INC

ONE CIVIC CENTER PLAZA SUITE 200
POUGHKEEPSIE,NY12601 		  PC GENERAL CHARITABLE PURPOSES 75,000

TAXPAYERS FOR COMMON SENSE

651 PENNSYLVANIA AVE SE
WASHINGTON,DC20003 		  PC GENERAL CHARITABLE PURPOSES 75,000

VOTE SOLAR

360 22ND ST
OAKLAND,CA94612 		  PC GENERAL CHARITABLE PURPOSES 75,000

NORTHERN ALASKA ENVIRONMENTAL CENTER

830 COLLEGE RD
FAIRBANKS,AK99701 		  PC GENERAL CHARITABLE PURPOSES 80,000

OREGON DESERT LAND TRUST

2843 NW LOLO DR 200
BEND,OR97703 		  PC GENERAL CHARITABLE PURPOSES 80,000

UNIVERSITY OF WASHINGTON FOUNDATION

407 GERBERDING HALL
SEATTLE,WA98195 		  PC GENERAL CHARITABLE PURPOSES 80,000

ALASKA WILDERNESS LEAGUE

122 C STREET NW
WASHINGTON,DC20001 		  PC GENERAL CHARITABLE PURPOSES 85,000

NATIONAL PARKS CONSERVATION ASSOCIATION

777 6TH STREET NW SUITE 700
WASHINGTON,DC200013723 		  PC GENERAL CHARITABLE PURPOSES 85,000

SOUTHEAST ALASKA CONSERVATION COUNCIL

224 GOLD ST
JUNEAU,AK99801 		  PC GENERAL CHARITABLE PURPOSES 85,000

ALASKA PUBLIC INTEREST RESEARCH GROUP

PO BOX 201416
ANCHORAGE,AK99520 		  PC GENERAL CHARITABLE PURPOSES 90,000

ABORTION CARE NETWORK

1300 I STREET NW SUITE 400E
WASHINGTON,DC20005 		  PC GENERAL CHARITABLE PURPOSES 100,000

INSTITUTE FOR ENERGY ECONOMICS AND FINANCIAL ANALYSIS

3430 ROCKY RIVER ROAD
CLEVELAND,OH44111 		  PC GENERAL CHARITABLE PURPOSES 100,000

LAND TRUST ALLIANCE INC

1250 H STREET NW SUITE 600
WASHINGTON,DC20005 		  PC GENERAL CHARITABLE PURPOSES 100,000

PLANNED PARENTHOOD SOUTH ATLANTIC

100 SO BOYLAN AVE
RALEIGH,NC27603 		  PC GENERAL CHARITABLE PURPOSES 100,000

REDFORD CENTER INC

PO BOX 29144
SAN FRANCISCO,CA94129 		  PC GENERAL CHARITABLE PURPOSES 100,000

ROCKEFELLER PHILANTHROPY ADVISORS

6 WEST 48TH STREET
NEW YORK,NY10036 		  PC JUST TRANSITION FUND 100,000

WOODSTOCK LAND CONSERVANCY INC

PO BOX 864
WOODSTOCK,NY12498 		  PC GENERAL CHARITABLE PURPOSES 100,000

SOUTHERN ENVIRONMENTAL LAW CENTER

201 WEST MAIN STREET
CHARLOTTESVILLE,VA22902 		  PC GENERAL CHARITABLE PURPOSES 100,000

WESTERN ENVIRONMENTAL LAW CENTER

120 SHELTON MCMURPHEY BLVD
EUGENE,OR97401 		  PC GENERAL CHARITABLE PURPOSES 100,000

WILDLIFE CONSERVATION SOCIETY

2300 SOUTHERN BOULEVARD
BRONX,NY10460 		  PC GENERAL CHARITABLE PURPOSES 100,000

TRUSTEES FOR ALASKA

1026 W 4TH AVE SUITE 201
ANCHORAGE,AK99501 		  PC GENERAL CHARITABLE PURPOSES 125,000

BENNINGTON COLLEGE

1 COLLEGE DR
BENNINGTON,VT05201 		  PC GENERAL CHARITABLE PURPOSES 150,000

ECDYSIS FOUNDATION

46958 188TH ST
ESTELLINE,SD57234 		  PC GENERAL CHARITABLE PURPOSES 150,000

LOUISIANNA BUCKET BRIGADE

2803 SAINT PHILLIP STREET
NEW ORLEANS,LA70119 		  PC GENERAL CHARITABLE PURPOSES 150,000

PLANNED PARENTHOOD FEDERATION OF AMERICA INC

1110 VERMONT AVE NW
WASHINGTON,DC20005 		  PC GENERAL CHARITABLE PURPOSES 150,000

MOUNT GRACE LAND CONSERVATION TRUST

1461 OLD KEENE RD
ATHOL,MA01331 		  PC GENERAL CHARITABLE PURPOSES 195,000

ENVIRONMENTAL INTEGRITY PROJECT

1000 VERMONT AVE NW
WASHINGTON,DC20005 		  PC GENERAL CHARITABLE PURPOSES 200,000

NEW YORK PUBLIC INTEREST RESEARCH

9 MURRAY STREET
NEW YORK,NY10007 		  PC GENERAL CHARITABLE PURPOSES 200,000

ROCKEFELLER FAMILY FUND INC

475 RIVERSIDE DR STE 900
NEW YORK,NY10115 		  PC GENERAL CHARITABLE PURPOSES 250,000

THE NATURE CONSERVANCY

4245 NORTH FAIRFAX DRIVE SUITE 100
ARLINGTON,VA222031606 		  PC GENERAL CHARITABLE PURPOSES 370,000

CRAIG HOSPITAL FOUNDATION

3425 S CLARKSTON ST
ENGLEWOOD,CO80113 		  PC GENERAL CHARITABLE PURPOSES 100,000

AMIGOS BRAVOS INC

PO BOX 238
TAOS,NM87571 		  PC GENERAL CHARITABLE PURPOSES 100,000

CENTRAL AMERICAN REFUGEE CENTER

91 N FRANKLIN STREET
HEMPSTEAD,NY11550 		  PC GENERAL CHARITABLE PURPOSES 5,000

CLIMATE AND CLEAN ENERGY EQUITY FUND

C/O OPEN GOV HUB1100 13TH ST NW
WASHINGTON,DC20005 		  PC GENERAL CHARITABLE PURPOSES 150,000

COLORADO ORG FOR LATINA OPPORTUNITY

PO BOX 40991
DENVER,CO80204 		  PC GENERAL CHARITABLE PURPOSES 25,000

CONSULTATIVE GRP ON BIOLOGICAL DIVERSITY

PO BOX 29361
SAN FRANCISCO,CA94129 		  PC GENERAL CHARITABLE PURPOSES 12,000

EARTH ISLAND INSTITUTE

2150 ALLSTON WAY
BERKELEY,CA94704 		  PC GENERAL CHARITABLE PURPOSES 50,000

EARTHWORKS

1612 K ST NW
WASHINGTON,DC20006 		  PC GENERAL CHARITABLE PURPOSES 75,000

ENVIRONMENTAL GRANTMAKERS ASSOC

475 RIVERSIDE DR
NEW YORK,NY10115 		  PC GENERAL CHARITABLE PURPOSES 15,816

ENVIRONMENTAL LAW AND POLICY CENTER

35 E WACKER DRIVE
CHICAGO,IL60601 		  PC GENERAL CHARITABLE PURPOSES 75,000

FOODSHED CAPITAL

101 DEVON ROAD
CHARLOTTESVILLE,VA22903 		  PC GENERAL CHARITABLE PURPOSES 75,000

INITIATIVE FOR RESPONSIBLE MINING ASSURE

113 CHERRY ST
SEATTLE,WA98104 		  PC GENERAL CHARITABLE PURPOSES 75,000

INNOCENCE PROJECT NEW ORLEANS

PO BOX 792808
NEW ORLEANS,LA70179 		  PC GENERAL CHARITABLE PURPOSES 5,000

NARAL PRO-CHOICE OHIO FOUNDATION

12000 SHAKER BLVD
CLEVELAND,OH44120 		  PC GENERAL CHARITABLE PURPOSES 50,000

NATIVE AMERICANS IN PHILANTHROPY

1140 3RD ST NE
WASHINGTON,DC20002 		  PC GENERAL CHARITABLE PURPOSES 100,000

NEO PHILANTHROPY INC

1001 AVENUE OF THE AMERICAS
NEW YORK,NY10018 		  PC GENERAL CHARITABLE PURPOSES 40,000

NORTHWEST ABORTION ACCESS FUND

4325 COMMERCE ST
EUGENE,OR97402 		  PC GENERAL CHARITABLE PURPOSES 30,000

PHYSICANS COMTEE FOR RESPONSIBLE MEDICINE

5100 WISCONSIN AVE NW
WASHINGTON,DC20016 		  PC GENERAL CHARITABLE PURPOSES 50,000

PUGET SOUND RESTORATION FUND

8001 DAY ROAD WEST
BAINBRIDGE ISLAND,WA98110 		  PC GENERAL CHARITABLE PURPOSES 30,000

SPRUCE ROOT INC

ONE SEALASKA PLAZA
JUNEAU,AK99801 		  PC GENERAL CHARITABLE PURPOSES 20,000

THE SURFRIDER FOUNDATION

PO BOX 73550
SAN CLEMENTE,CA92673 		  PC GENERAL CHARITABLE PURPOSES 30,000

TIDES FOUNDATION

PO BOX 889389
LOS ANGELES,CA90088 		  PC GENERAL CHARITABLE PURPOSES 50,000

TOXIC-FREE FUTURE

4649 SUNNYSIDE AVENUE N
SEATTLE,WA98103 		  PC GENERAL CHARITABLE PURPOSES 50,000

WASHINGTON CONSERVATION ACTION EDUC FUND

1402 THIRD AVE
SEATTLE,WA98101 		  PC GENERAL CHARITABLE PURPOSES 40,000

WEST VIRGINIA RIVERS COALITION INC

3501 MACCORKLE AVE SE
CHARLESTON,WV25304 		  PC GENERAL CHARITABLE PURPOSES 75,000
Total .................................right arrow 3a 7,762,816
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 1,238,010  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 3,946,538  
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 5,184,548 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,184,548
(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:
TORTUGA CHARITABLE FOUNDATION
EIN:
51-0245279
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 11,525 11,525   0

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
TORTUGA CHARITABLE FOUNDATION
EIN:
51-0245279
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
LAPTOP 2023-05-15 1,518   200DB 5.000000000000 1,275 0    

TY 2023 InvestmentsCorpStockSchedule
Name:
TORTUGA CHARITABLE FOUNDATION
EIN:
51-0245279
Name of Stock End of Year Book Value End of Year Fair Market Value
A S M L HOLDING N.V. 9965 SHS 6,115,482 7,542,708
ADOBE SYSTEMS INC 14273 SHS 3,960,919 8,515,272
AMERICAN TOWER CORPORATION 19652 SHS 2,255,662 4,242,474
BLACKSTONE GROUP INC 52166 SHS 4,823,736 6,829,573
CHIPOTLE MEXICAN GRILL INC CL A 3083 SHS 4,026,718 7,050,698
DANAHER CORP 25551 SHS 4,999,828 5,910,968
ESTEE LAUDER COMPANIES CLASS A 34204 SHS 6,615,466 5,002,335
ILLUMINA INC 28095 SHS 5,372,556 3,911,948
INTUIT 15270 SHS 4,348,677 9,544,208
INTUITIVE SURGICAL INC 21600 SHS 2,012,877 7,286,976
LULULEMON ATHLETICA INC 12573 SHS 3,988,858 6,428,449
MICROSOFT CORPORATION 20949 SHS 3,564,048 7,877,662
NETFLIX COM INC 19357 SHS 5,409,932 9,424,536
NVIDIA CORP 19447 SHS 1,391,352 9,630,543
S & P GLOBAL INC. 14374 SHS 2,345,602 6,332,034
SERVICENOW, INC. 12923 SHS 6,510,849 9,129,970
VISA INC-CLASS A SHRS 35825 SHS 1,935,817 9,327,039
AIRBNB, INC. 51418 SHS 5,580,331 7,000,047
ELI LILLY & CO 9075 SHS 3,348,974 5,289,999
MSCI INC 4626 SHS 2,486,800 2,616,697
UBER TECHNOLOGIES, INC. 49504 SHS 2,637,453 3,047,961

TY 2023 LandEtcSchedule2
Name:
TORTUGA CHARITABLE FOUNDATION
EIN:
51-0245279
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAPTOP 1,518 1,275 243  


TY 2023 LegalFeesSchedule
Name:
TORTUGA CHARITABLE FOUNDATION
EIN:
51-0245279
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 100,560 0   0


TY 2023 OtherAssetsSchedule
Name:
TORTUGA CHARITABLE FOUNDATION
EIN:
51-0245279
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INTEREST RECEIVABLE   8,127 8,127


TY 2023 OtherExpensesSchedule
Name:
TORTUGA CHARITABLE FOUNDATION
EIN:
51-0245279
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CUSTODY FEE 54,768 54,768   0
ADMINISTRATIVE 17,610 0   0
INSURANCE 2,842 0   0
DUES AND SUBSCRIPTIONS 29,200 0   29,200


TY 2023 OtherLiabilitiesSchedule
Name:
TORTUGA CHARITABLE FOUNDATION
EIN:
51-0245279
Description Beginning of Year - Book Value End of Year - Book Value
PAYROLL WITHHOLDING 15,989 0
PENSION PAYABLE 17,500 0
CREDIT CARD PAYABLE 0 757


TY 2023 OtherProfessionalFeesSchedule
Name:
TORTUGA CHARITABLE FOUNDATION
EIN:
51-0245279
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEE 975,921 975,921   0
BOARD CONSULTANTS 60,000 0   30,000


TY 2023 TaxesSchedule
Name:
TORTUGA CHARITABLE FOUNDATION
EIN:
51-0245279
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL 27,145 0   25,618
FOREIGN WITHHOLDING TAX 9,955 9,955   0