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 Memton Fund Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

13-6096608
B Telephone number (see instructions)

(800) 839-1754
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$13,589,534J 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 44,180 44,180  
4 Dividends and interest from securities... 342,353 342,353  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 955,347
b Gross sales price for all assets on line 6a 2,946,800
7 Capital gain net income (from Part IV, line 2)... 955,347
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,105 5,105  
12 Total. Add lines 1 through 11........ 1,346,985 1,346,985  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 12,887     12,887
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
61,198 61,198    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
5,367 1,067    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 3,890     3,890
22 Printing and publications.......... 8,635     8,635
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
44,132 587   43,545
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 136,109 62,852   68,957
25 Contributions, gifts, grants paid....... 582,250 582,250
26 Total expenses and disbursements. Add lines 24 and 25 718,359 62,852   651,207
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 628,626
b Net investment income (if negative, enter -0-) 1,284,133
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,226,326 953,342 953,342
3 Accounts receivable right arrow1,000,000
Less: allowance for doubtful accounts right arrow     1,000,000 1,000,000
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) 344,200 Click to see attachment
List of Attached Documents:
// Content
329,400 		324,146
b Investments—corporate stock (attach schedule)....... 7,495,279 Click to see attachment
List of Attached Documents:
// Content
7,539,636 		8,604,728
c Investments—corporate bonds (attach schedule)....... 530,936 Click to see attachment
List of Attached Documents:
// Content
546,812 		542,622
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).......... 782,284 Click to see attachment
List of Attached Documents:
// Content
638,461 		2,164,696
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) 10,379,025 11,007,651 13,589,534
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 10,379,025 11,007,651
29 Total net assets or fund balances (see instructions)..... 10,379,025 11,007,651
30 Total liabilities and net assets/fund balances (see instructions). 10,379,025 11,007,651
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
10,379,025
2
Enter amount from Part I, line 27a .....................
2
628,626
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
11,007,651
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
11,007,651
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 SEG PARTNERS OFFSHORE, LTD P 2008-12-31 2023-12-29
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 1,946,800   1,847,630 99,170
b 1,000,000   143,823 856,177
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       99,170
b       856,177
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 2 955,347
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 17,849
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  
3 Add lines 1 and 2........................... 3 17,849
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 17,849
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 6,949
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 11,300
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,249
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 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 10 400
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow400 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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
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 arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
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
Frank B Arisman Dir, Assistant Treas
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Mary Ann Arisman Dir, Assistant Sec
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Elizabeth Drumwright Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Robert V Edgar Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
E 'Shepi' Shepard Farrar Dir, Pres
2.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Ellen W Levy Dir, Sec
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Ron Levy VP
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Samuel 'Toma' Thomas Milbank Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Samuel L 'Tony' Milbank Treas, Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Thomas L Milbank Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Nathalie Milbank Nolte Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Karen Quackenbush Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Pamela White Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
Total number of other employees paid over $50,000...................right arrow  
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
Fiduciary Trust International Investment MGMT 61,198
280 Park Avenue
NEW YORK,NY10017
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
8,990,701
b
Average of monthly cash balances.......................
1b
1,180,616
c
Fair market value of all other assets (see instructions)................
1c
3,167,436
d
Total (add lines 1a, b, and c).........................
1d
13,338,753
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
13,338,753
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
200,081
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
13,138,672
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
656,934
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
656,934
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
17,849
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
17,849
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
639,085
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
639,085
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
639,085
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
651,207
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
651,207
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 7 639,085
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 641,015
b Total for prior years:2021, 2020, 2019  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 651,207
a Applied to 2022, but not more than line 2a 641,015
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 10,192
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023.    
(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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		628,893
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 0
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).)
NONE
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

ACLU FOUNDATION OF MASSACHUSETTS INC

1 CENTER PLZ
BOSTON,MA02108 		N/A PC General & Unrestricted 2,000

ADVOCATES FOR ACADEMIC EXCELLENCE IN EDUCATION INC

2001 LEON C SIMON DR
NEW ORLEANS,LA70122 		N/A PC General & Unrestricted 1,500

AFRICAN WILDLIFE FOUNDATION

1100 NEW JERSEY AVE SE STE 900
WASHINGTON,DC20003 		N/A PC General & Unrestricted 2,000

AKASHINGA INC

100 N 18TH ST STE 300
PHILADELPHIA,PA19103 		N/A PC General & Unrestricted 8,000

ALASKA CONSERVATION FOUNDATION

1227 W 9TH AVE STE 300
ANCHORAGE,AK99501 		N/A PC General & Unrestricted 8,000

ALCOHOL AND DRUG COUNCIL OF TOMPKINS COUNTY INC

201 E GREEN ST STE 500
ITHACA,NY14850 		N/A PC to provide clientele with a more home like environment and make the hospital treatment center more welcoming fund 10,000

ALIMA USA INC

59 WINDSOR RD
BROOKLINE,MA02445 		N/A PC General & Unrestricted 20,000

ALL SOULS CHURCH

PO BOX 451
TANNERSVILLE,NY12485 		N/A PC General & Unrestricted 4,000

AMERICAN CAVE CONSERVATION ASSOCIATION

119 E MAIN ST
HORSE CAVE,KY42749 		N/A PC General & Unrestricted 4,000

AMERICARES FOUNDATION INC

88 HAMILTON AVE
STAMFORD,CT06902 		N/A PC General & Unrestricted 5,000

APPLE HILL CENTER FOR CHAMBER MUSIC INC

PO BOX 217
SULLIVAN,NH03445 		N/A PC General & Unrestricted 3,000

ARS HOLDING INC

3 W 95TH ST
NEW YORK,NY10025 		N/A PC Scholarship Fund 3,000

ARTS COUNCIL OF PRINCETON

102 WITHERSPOON ST
PRINCETON,NJ08542 		N/A PC Visual Art Scholarship Fund 500

ASHUELOT CONCERTS

93 TERRACE ST
KEENE,NH03431 		N/A PC General & Unrestricted 5,000

BARNARD COLLEGE

3009 BROADWAY
NEW YORK,NY10027 		N/A PC General & Unrestricted 4,000

BOARD OF TRUSTEES OF FOREIGN PARISHES OF THE PROTE

1215 5TH AVE APT 9C
NEW YORK,NY10029 		N/A PC FBO The JNRC fund 5,000

BOUNTY & SOUL

999 OLD US 70
BLACK MOUNTAIN,NC28711 		N/A PC General & Unrestricted 7,500

BUCKLEY SCHOOL IN THE CITY OF NEW YORK

113 E 73RD ST
NEW YORK,NY10021 		N/A PC General & Unrestricted 1,000

CAAHC COMMUNITY OUTREACH SAFEPOINT

87 BROAD ST
NEWVILLE,PA17241 		N/A PC Charitable Event 10,000

CAAHC COMMUNITY OUTREACH SAFEPOINT

87 BROAD ST
NEWVILLE,PA17241 		N/A PC General & Unrestricted 2,500

CASCADE PUBLIC MEDIA

PO BOX 84109
SEATTLE,WA98124 		N/A PC General & Unrestricted 1,000

CATHOLIC RELIEF SERVICES INC

228 W LEXINGTON ST
BALTIMORE,MD21201 		N/A PC General & Unrestricted 15,000

CITIZENS COMMITTEE TO SAVE OUR CANYONS

3690 E FORT UNION BLVD STE 101
COTTONWOOD HEIGHTS,UT84121 		N/A PC General & Unrestricted 4,250

COLORADO COLLEGE

14 E CACHE LA POUDRE ST
COLORADO SPRINGS,CO80903 		N/A PC support of talented individuals who require financial help in order to attend the school scholarship fund 2,000

COLORADO NONPROFIT DEVELOPMENT CENTER

789 N SHERMAN ST STE 250
DENVER,CO80203 		N/A PC General & Unrestricted 4,000

COMMUNITY ADOLESCENT RESOURCES AND EDUCATION CENTE

247 CABOT ST
HOLYOKE,MA01040 		N/A PC General & Unrestricted 3,000

COMMUNITY FOUNDATION OF SARASOTA COUNTY INC

2635 FRUITVILLE RD
SARASOTA,FL34237 		N/A PC MANATEE COUNTY SHERIFF'S DEPARTMENT: DEPUTIES assisting citizens initiative 7,500

COMMUNITY FOUNDATION OF SARASOTA COUNTY INC

2635 FRUITVILLE RD
SARASOTA,FL34237 		N/A PC MANATEE COUNTY SHERIFF'S DEPARTMENT: Homeless Intervention program 10,000

COMMUNITY FOUNDATION OF SARASOTA COUNTY INC

2635 FRUITVILLE RD
SARASOTA,FL34237 		N/A PC THE FLORIDA SHERIFF'S ASSOCIATION: FLORIDA STATE Youth ranches initiative 2,500

COMMUNITY FOUNDATION OF SARASOTA COUNTY INC

2635 FRUITVILLE RD
SARASOTA,FL34237 		N/A PC Southwest Charter Foundation Inc: Lakewood Ranch Preparatory academy: families helping families program 10,000

COMMUNITY FOUNDATION OF SARASOTA COUNTY INC

2635 FRUITVILLE RD
SARASOTA,FL34237 		N/A PC HONOR SANTUARY INC: Education initiative 5,000

COMMUNITY FOUNDATION OF SARASOTA COUNTY INC

2635 FRUITVILLE RD
SARASOTA,FL34237 		N/A PC WILLIAM MONROE ROWLETT ACADEMY: FAMILIES HELPING Families initiative 5,000

COMMUNITY FOUNDATION OF SARASOTA COUNTY INC

2635 FRUITVILLE RD
SARASOTA,FL34237 		N/A PC BOYS & GIRLS CLUB OF SARASOTA COUNTY initiative 1,000

COMMUNITY FOUNDATION OF SARASOTA COUNTY INC

2635 FRUITVILLE RD
SARASOTA,FL34237 		N/A PC BIG BROTHERS BIG SISTERS OF THE SUN COAST INC initiative 1,000

COMMUNITY FOUNDATION OF SARASOTA COUNTY INC

2635 FRUITVILLE RD
SARASOTA,FL34237 		N/A PC HABITAT FOR HUMANITY SARASOTA INC: Veteran Builds initiative 1,000

COMMUNITY FOUNDATION OF SARASOTA COUNTY INC

2635 FRUITVILLE RD
SARASOTA,FL34237 		N/A PC MOTE MARINE LABORATORY: Education & Scholarships fund 10,000

COMMUNITY FOUNDATION OF SARASOTA COUNTY INC

2635 FRUITVILLE RD
SARASOTA,FL34237 		N/A PC LOVE MCKINLEY FOUNDATION initiative 5,000

COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE I

PO BOX 1870
MERRIFIELD,VA22116 		N/A PC General & Unrestricted 5,000

CORNUCOPIA PROJECT

49 VOSE FARM ROAD STE 110
PETERBOROUGH,NH03458 		N/A PC General & Unrestricted 1,500

COVENANT HOUSE

5 PENN PLZ
NEW YORK,NY10001 		N/A PC Education Programs 5,000

CRISIS TEXT LINE INC

PO BOX 24163
NEW YORK,NY10087 		N/A PC General & Unrestricted 3,500

DUBLIN SCHOOL INC

18 LEHMANN WAY
DUBLIN,NH03444 		N/A PC General & Unrestricted 1,500

ELECTRIC EARTH CONCERTS

PO BOX 44
PETERBOROUGH,NH03458 		N/A PC General & Unrestricted 3,000

END 68 HOURS OF HUNGER

PO BOX 676
SOMERSWORTH,NH03878 		N/A PC General & Unrestricted 1,000

FINEMIND

9832 E FLORIDA PL
AURORA,CO80247 		N/A PC General & Unrestricted 1,000

FRANZISKA RACKER CENTERS INC

3226 WILKINS RD
ITHACA,NY14850 		N/A PC General & Unrestricted 2,500

FRIENDS OF GREAT SALT LAKE

PO BOX 2655
SALT LAKE CTY,UT84110 		N/A PC General & Unrestricted 5,000

FRIENDS OF THE HANCOCK TOWN LIBRARY

PO BOX 130
HANCOCK,NH03449 		N/A PC General & Unrestricted 1,000

GRAPEVINE FAMILY & COMMUNITY RESOURCE CENTER

PO BOX 637
ANTRIM,NH03440 		N/A PC General & Unrestricted 1,000

GROW FOOD NORTHAMPTON INC

221 PINE ST STE 349
FLORENCE,MA01062 		N/A PC General & Unrestricted 1,000

GROW FOOD NORTHAMPTON INC

221 PINE ST STE 349
FLORENCE,MA01062 		N/A PC Disaster relief aid to farmers fund 9,000

HARRIS CENTER FOR CONSERVATION EDUCATION INC

83 KINGS HWY
HANCOCK,NH03449 		N/A PC General & Unrestricted 1,000

HEALTHY ENVIRONMENT ALLIANCE OF UTAH

824 S 400 W STE B-111
SALT LAKE CITY,UT84101 		N/A PC General & Unrestricted 4,250

HELPFUL HEARTS COMMUNITY CLOSET INC

51 SPENCER ST
LYONS,NY14489 		N/A PC General & Unrestricted 7,500

HISTORIC HARRISVILLE INC

PO BOX 79
HARRISVILLE,NH03450 		N/A PC General & Unrestricted 3,000

HISTORIC NORTHAMPTON INC

46 BRIDGE ST
NORTHAMPTON,MA01060 		N/A PC General & Unrestricted 2,500

HOLDERNESS SCHOOL

PO BOX 1879
PLYMOUTH,NH03264 		N/A PC General & Unrestricted 2,000

HOOSIER HILLS FOOD BANK INC

PO BOX 697
BLOOMINGTON,IN47402 		N/A PC General & Unrestricted 3,000

HUNTER COLLEGE FOUNDATION INC

695 PARK AVE E1313
NEW YORK,NY10065 		N/A PC Roosevelt House fund 2,000

INSTITUTE OF INTERNATIONAL EDUCATION INC

ONE WORLD TRADE CENTER 36TH FL
NEW YORK,NY10007 		N/A PC General & Unrestricted 10,000

INTERNATIONAL CENTER OF PHOTOGRAPHY

79 ESSEX ST
NEW YORK,NY10002 		N/A PC General & Unrestricted 10,000

INTERNATIONAL RESCUE COMMITTEE INC

PO BOX 6068
ALBERT LEA,MN56007 		N/A PC General & Unrestricted 15,000

ITHACA COMMUNITY RECOVERY INC

518 W SENECA ST
ITHACA,NY14850 		N/A PC AlaTeen Room Renovation fund 5,000

ITHACA COMMUNITY RECOVERY INC

518 W SENECA ST
ITHACA,NY14850 		N/A PC General & Unrestricted 5,000

JOURNEYS IN EDUCATION INC

26 MAIN ST
PETERBOROUGH,NH03458 		N/A PC General & Unrestricted 3,000

LEADERSHIP HART COUNTY

116 E UNION ST
MUNFORDVILLE,KY42765 		N/A PC General & Unrestricted 1,000

LEAGUE OF WOMEN VOTERS LOTTE E SCHARFMAN MEMORIAL

90 CANAL ST STE 414
BOSTON,MA02114 		N/A PC Internships fund 10,000

LEAGUE OF WOMEN VOTERS LOTTE E SCHARFMAN MEMORIAL

90 CANAL ST STE 414
BOSTON,MA02114 		N/A PC General & Unrestricted 2,000

LISTENERS COMMUNITY RADIO OF UTAH INC KRCL-FM

535 W 300 N STE A
SALT LAKE CITY,UT84116 		N/A PC General & Unrestricted 2,500

MANNA SOUP KITCHEN INC

48 ELM ST
NORTHAMPTON,MA01060 		N/A PC General & Unrestricted 3,000

MEDECINS SANS FRONTIERES USA INC

PO BOX 5030
HAGERSTOWN,MD21741 		N/A PC General & Unrestricted 25,000

MISS PORTERS SCHOOL INC

60 MAIN ST
FARMINGTON,CT06032 		N/A PC General & Unrestricted 2,000

MONADNOCK MUSIC

PO BOX 3022
PETERBOROUGH,NH03458 		N/A PC General & Unrestricted 4,000

MULTICARE FOUNDATIONS

PO BOX 5299
TACOMA,WA98415 		N/A PC Comfort therapy program 3,000

MUSIC ON NORWAY POND

PO BOX 341
HANCOCK,NH03449 		N/A PC General & Unrestricted 1,500

MY SISTERS CLOSET OF MONROE COUNTY INC

414 S COLLEGE AVE
BLOOMINGTON,IN47403 		N/A PC General & Unrestricted 2,000

NAMI NEW HAMPSHIRE

85 N STATE ST
CONCORD,NH03301 		N/A PC General & Unrestricted 1,000

NELSON CONGREGATIONAL CHURCH

830 NELSON RD
NELSON,NH03457 		N/A PC General & Unrestricted 1,000

NEW 42ND STREET INC

229 WEST 42ND ST 10TH FLOOR
NEW YORK,NY10036 		N/A PC General & Unrestricted 3,000

NEW ENGLAND PUBLIC MEDIA INC

44 HAMPDEN ST
SPRINGFIELD,MA01103 		N/A PC General & Unrestricted 2,000

NEW HAMPSHIRE PUBLIC BROADCASTING

268 MAST RD
DURHAM,NH03824 		N/A PC General & Unrestricted 3,000

NEW HAMPSHIRE PUBLIC RADIO INC

2 PILLSBURY ST
CONCORD,NH03301 		N/A PC General & Unrestricted 2,000

NEW YORK CITY BALLET INC

20 LINCOLN CENTER PLZ
NEW YORK,NY10023 		N/A PC General & Unrestricted 3,000

NEW YORK PUBLIC RADIO

160 VARICK ST
NEW YORK,NY10013 		N/A PC General & Unrestricted 2,000

NORTHAMPTON SURVIVAL CENTER INC

265 PROSPECT ST
NORTHAMPTON,MA01060 		N/A PC General & Unrestricted 3,000

OHIO STATE UNIVERSITY FOUNDATION

PO BOX 710811
COLUMBUS,OH43271 		N/A PC Lawrence & Lee Theatre Research Institute: Horse cave theatre archive fund 3,000

ONTEORA HISTORIC PRESERVATION TRUST INC

PO BOX 592
TANNERSVILLE,NY12485 		N/A PC General & Unrestricted 2,000

PACIFIC ISLANDERS IN COMMUNICATIONS

615 PIIKOI ST STE 1203
HONOLULU,HI96814 		N/A PC Projects Regarding Micronesia, Guam, and the CNMI fund 3,000

PACIFIC PUBLIC MEDIA

930 BROADWAY
TACOMA,WA98402 		N/A PC KNKX / NPR fund 1,000

PEARL S BUCK INTERNATIONAL INC

520 DUBLIN RD
PERKASIE,PA18944 		N/A PC Philippines Tutorial Program 3,000

PETERBOROUGH PLAYERS INC

PO BOX 118
PETERBOROUGH,NH03458 		N/A PC General & Unrestricted 4,000

PRESIDENT AND TRUSTEES OF BATES COLLEGE

2 ANDREWS RD
LEWISTON,ME04240 		N/A PC General & Unrestricted 3,000

PROJECT HOME

20 GREEN ACRES RD
KEENE,NH03431 		N/A PC General & Unrestricted 1,000

PROJECT MOST INC

PO BOX 1486
EAST HAMPTON,NY11937 		N/A PC General & Unrestricted 1,000

SAINT JAMES SCHOOL

3217 W CLEARFIELD ST
PHILADELPHIA,PA19132 		N/A PC Food and Nutrition Initiative 5,000

SALT LAKE FILM SOCIETY

111 E BROADWAY STE STE 99
SALT LAKE CITY,UT84111 		N/A PC General & Unrestricted 2,500

SALT LAKE TRIBUNE INC

90 S 400 W STE 600
SALT LAKE CTY,UT84101 		N/A PC General & Unrestricted 5,000

SAMARITANS PURSE

PO BOX 3000
BOONE,NC28607 		N/A PC General & Unrestricted 3,000

SAVE INDIAN FARMERS

137 COURTS LN
LITTLE ROCK,AR72223 		N/A PC Women's Empowerment through Seed Sovereignty - Rajasthan fund 3,000

SAVE THE CHILDREN FEDERATION INC

501 KINGS HWY EAST STE 400
FAIRFIELD,CT06825 		N/A PC General & Unrestricted 5,000

SHAKESPEARE & COMPANY INC

70 KEMBLE ST
LENOX,MA01240 		N/A PC General & Unrestricted 3,000

SOLDIER ON INC

290 MERRILL RD
PITTSFIELD,MA01201 		N/A PC General & Unrestricted 2,000

SOLDIER ON INC

290 MERRILL RD
PITTSFIELD,MA01201 		N/A PC Housing for homeless veterans fund 10,000

SOUTHERN POVERTY LAW CENTER INC

400 WASHINGTON AVE
MONTGOMERY,AL36104 		N/A PC General & Unrestricted 5,000

SPIRIT OF AMERICA WORLDWIDE

3033 WILSON BLVD STE 700
ARLINGTON,VA22201 		N/A PC General & Unrestricted 15,000

SUPERBLOOM COLLECTIVE INC

1111 LINCOLN BLVD APT 4
SANTA MONICA,CA90403 		N/A PC General & Unrestricted 3,500

TACOMA AREA LITERACY COUNCIL

PO BOX 7210
TACOMA,WA98417 		N/A PC General & Unrestricted 3,000

TANZANIAN CHILDRENS FUND INC

2 GARDEN ST
CAMBRIDGE,MA02138 		N/A PC General & Unrestricted 8,000

THE ROAD HOME

1415 S MAIN ST
SALT LAKE CTY,UT84115 		N/A PC General & Unrestricted 7,000

THE SHIPLEY SCHOOL

814 YARROW ST
BRYN MAWR,PA19010 		N/A PC Drama Program 750

TOMPKINS COUNTY SPCA

1640 HANSHAW RD
ITHACA,NY14850 		N/A PC General & Unrestricted 5,000

TOMPKINS COUNTY SPCA

1640 HANSHAW RD
ITHACA,NY14850 		N/A PC Spay Neuter Assistance fund 1,000

TREVOR DAY SCHOOL

312 EAST 95TH ST
NEW YORK,NY10128 		N/A PC General & Unrestricted 1,000

TRINITY EPISCOPAL SCHOOLS CORPORATION

139 W 91ST ST
NEW YORK,NY10024 		N/A PC General & Unrestricted 1,000

TRUSTEES OF COLUMBIA UNIVERSITY

PO BOX 1523
NEW YORK,NY10008 		N/A PC Earth Institute fund 2,000

TRUSTEES OF DARTMOUTH COLLEGE

6001 PARKHURST HALL STE 207
HANOVER,NH03755 		N/A PC The Amos Tuck School of Business fund 1,000

TRUSTEES OF PRINCETON UNIVERSITY

701 CARNEGIE CENTER STE 442
PRINCETON,NJ08540 		N/A PC General & Unrestricted 10,000

TRUSTEES OF THE SMITH COLLEGE

33 ELM ST
NORTHAMPTON,MA01063 		N/A PC General & Unrestricted 1,000

UNION COUNTY FISCAL COURT

PO BOX 60
MORGANFILED,KY42437 		N/A GOV Camp Breckenridge Museum - Hammack Family Exhibit fund 2,000

UNIVERSITY OF LOUISVILLE FOUNDATION INC

215 CENTRAL AVE STE 212
LOUISVILLE,KY40208 		N/A PC African American Theatre fund 10,000

UNIVERSITY OF LOUISVILLE FOUNDATION INC

215 CENTRAL AVE STE 212
LOUISVILLE,KY40208 		N/A PC African American Theatre program 5,000

UNIVERSITY OF UTAH

201 PRESIDENTS CIR RM 203
SALT LAKE CTY,UT84112 		N/A PC PBS Utah fund 2,500

UNIVERSITY OF UTAH

201 PRESIDENTS CIR RM 203
SALT LAKE CTY,UT84112 		N/A PC Pioneer Theater Company fund 5,000

UNIVERSITY OF UTAH

ECCLES BROADCAST CTR 101 S WASATCH
SALT LAKE CITY,UT84112 		N/A PC KUER General Operations Support 5,000

UNIVERSITY OF UTAH

ECCLES BROADCAST CTR 101 S WASATCH
SALT LAKE CITY,UT84112 		N/A PC NPR Utah fund 2,500

UNIVERSITY OF UTAH

201 PRESIDENTS CIR RM 203
SALT LAKE CTY,UT84112 		N/A PC PBS Utah - KUED fund 5,000

UTAH GOLF FOUNDATION

4444 S 700 E
SALT LAKE CITY,UT84107 		N/A PC Veterans on Course Program 2,500

VERMONT JAZZ CENTER INC

72 COTTONMILL HILL STE 222
BRATTLEBORO,VT05301 		N/A PC General & Unrestricted 4,000

WASATCH HOMELESS HEALTH CARE INC

409 W 400 S
SALT LAKE CITY,UT84101 		N/A PC General & Unrestricted 7,000

WGBH EDUCATIONAL FOUNDATION

ONE GUEST ST
BOSTON,MA02135 		N/A PC General & Unrestricted 3,500

WMHT EDUCATIONAL TELECOMMUNICATIONS INC

4 GLOBAL VIEW
TROY,NY12180 		N/A PC General & Unrestricted 1,000

WNET

825 8TH AVENUE
NEW YORK,NY10019 		N/A PC General & Unrestricted 3,000

WORLD CENTRAL KITCHEN INCORPORATED

200 MASSACHUSETTS AVE NW 7TH FL
WASHINGTON,DC20001 		N/A PC General & Unrestricted 17,000
Total .................................right arrow 3a 582,250
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 44,180  
4 Dividends and interest from securities ....     14 342,353  
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 ............ 		    18 955,347  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCLASS ACTION LAWSUIT PROCEEDS 		    01 5,028  
bFOREIGN CURRENCY GAIN     01 77  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   1,346,985  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,346,985
(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


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Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

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TY 2023 DepreciationSchedule
Name:
The Memton Fund Inc
EIN:
13-6096608
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

TY 2023 InvestmentsCorpBondsSchedule
Name:
The Memton Fund Inc
EIN:
13-6096608
Name of Bond End of Year Book Value End of Year Fair Market Value
AMAZON COM INC - 3.150% - 08/2 33,537 28,860
CITIGROUP INC - 4.000% - 08/05 37,725 34,613
COCA COLA CO - 2.125% - 09/06/ 60,893 54,286
GOLDMAN SACHS GROUP PERP - 5.0 96,634 100,049
JPMORGAN CHASE &CO - 4.493% - 36,502 39,059
LOCKHEED MARTIN - 4.750% - 02/ 43,925 45,960
PFIZER INC NOTE CALL MAKE WHOL 33,025 32,266
UNION PAC CORP - 4.500% - 01/2 43,557 45,335
UNITEDHEALTH GROUP - 4.200% - 34,426 34,312
UNITEDHEALTH GROUP INC NOTE - 51,776 53,592
WELLS FARGO & CO NEW DEPOSITAR 74,812 74,290

TY 2023 InvestmentsCorpStockSchedule
Name:
The Memton Fund Inc
EIN:
13-6096608
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBVIE INC 54,345 91,432
ACCENTURE PLC 13,750 28,073
AERCAP HOLDING N.V 49,508 67,483
ALPHABET INC CL A 1,904 18,160
ALPHABET INC CL C 31,653 105,557
AMAZON COM 76,798 176,554
AMGEN INC 24,064 41,763
ANALOG DEVICES INC 14,723 33,755
AON PLC CL A 26,328 39,870
APPLE INC 4,380 38,506
BAYER A G SPONSORED ADR 47,860 29,194
BRISTOL-MYERS SQUIBB CO 62,766 53,260
CAPITAL ONE FINANCIAL CORP 32,580 51,137
CHARTER COMMUNICATIONS, INC 18,840 25,653
CHIPOTLE MEX GRILL 17,291 20,583
CISCO SYSTEMS INC 59,326 55,673
COMCAST CORP 47,009 54,725
CONOCOPHILLIPS 97,459 109,106
CROWN CASTLE INTL 72,801 68,884
DEERE CO 36,335 37,988
DIAGEO PLC ADS 33,443 33,502
ELEVANCE HEALTH INC 46,699 55,173
ESC GCI LIBERTY INC SR (ESCROW    
GENERAL ELECTRIC CO 35,682 78,875
GOLDMAN SACHS GROUP 35,746 74,839
HDFC BANK LTD ADR 23,224 27,515
HILTON WORLDWIDE HOLDINGS, INC 15,709 41,152
INTERCONTINENTAL EXCHANGE, INC 26,816 33,777
INTUIT 12,127 37,502
JOHNSON & JOHNSON 58,888 62,853
JP MORGAN CHASE 44,044 78,076
KEYENCE CORPORATION,FIRST SECT 14,069 43,600
KIMBERLY CLARK CORP 49,171 44,594
L'OREAL CO ACT 21,640 30,243
LIBERTY BROADBAND CORPORATION 39,587 31,350
LINDE PLC COM 15,335 16,428
LVMH-MOET HNSY L VUTN 20,358 28,363
MARRIOTT INTERNATIONAL INC. CL 15,383 39,464
META PLATFORMS INC 55,177 107,958
MICROSOFT CORP 19,901 172,602
NESTLE S.A 27,856 36,423
NETFLIX INC 30,458 74,980
NVIDIA CORP 8,107 34,665
OCCIDENTAL PETROLEUM CORP 12,139 11,524
OSTERWEIS STRATEGIC INCOME FUN 2,883,991 2,842,237
OSTERWEIS STRATEGIC INVESTMENT 1,277,458 1,288,842
PFIZER INC 45,889 42,033
PIMCO INCOME FUND 894,391 809,058
POOL CORP 15,824 31,897
PROGRESSIVE CORP OHIO 16,023 27,078
PROSUS NV ADR 41,606 35,765
RAYTHEON TECHNOLOGIES CORP 33,484 34,161
REALTY INCOME CORP 49,112 41,228
ROCHE HOLDING LTD ADR 24,512 20,289
SAFRAN SA - UNSPON ADR 49,672 72,329
SAP AKTIENGESELL ADS 44,043 51,015
SHELL ADR EACH REPRESENTING 2 81,570 91,725
SHERWIN-WILLIAMS CO 13,803 34,309
STARBUCKS CORP COM 38,397 36,196
TAIWAN SEMICONDUCTOR MFG CO LT 80,054 87,256
TEXAS INSTRUMENTS INC 13,421 25,569
THE COCA-COLA CO 51,870 55,158
THERMO FISHER SCIENTIFIC INC 6,903 26,540
TJX COMPANIES INC 32,762 52,065
TOYOTA MTR CORP 37,790 38,510
UNION PACIFIC 17,980 31,931
UNITEDHEALTH GROUP INC 5,697 64,229
VERIZON COMMUNICATIONS 100,732 93,835
VISA INC 62,196 101,016
WALT DISNEY HOLDINGS CO 45,071 39,276
WATSCO INC 20,140 34,278
WELLS FARGO & CO 48,965 74,027
WOODWARD INC 25,405 31,718
YETI HOLDINGS, INC. 13,794 20,712
ZOETIS INC 15,802 27,632

TY 2023 InvestmentsGovtObligationsSch
Name:
The Memton Fund Inc
EIN:
13-6096608
US Government Securities - End of Year Book Value:

329,400
US Government Securities - End of Year Fair Market Value:

324,146
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 InvestmentsOtherSchedule2
Name:
The Memton Fund Inc
EIN:
13-6096608
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SEG PARTNERS OFFSHORE, LTD   638,461 2,164,696

TY 2023 OtherExpensesSchedule
Name:
The Memton Fund Inc
EIN:
13-6096608
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 41,205     41,205
Bank Charges 587 587    
Foundation Dues & Memberships 815     815
Indemnification Insurance 775     775
State or Local Filing Fees 750     750


TY 2023 OtherIncomeSchedule2
Name:
The Memton Fund Inc
EIN:
13-6096608
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Class Action Lawsuit Proceeds 5,028 5,028  
Foreign Currency Gain 77 77  


TY 2023 OtherProfessionalFeesSchedule
Name:
The Memton Fund Inc
EIN:
13-6096608
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 61,198 61,198    


TY 2023 TaxesSchedule
Name:
The Memton Fund Inc
EIN:
13-6096608
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2023 4,300      
Foreign Tax Paid 1,067 1,067