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
Schiavi Family Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)co Spinnaker Trust 123 Free Stree
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Portland, ME04101
A Employer identification number

01-0463183
B Telephone number (see instructions)

(207) 553-7160
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$29,010,840J 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) 199,363
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 336,467 336,467  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 349,269
b Gross sales price for all assets on line 6a 5,608,751
7 Capital gain net income (from Part IV, line 2)... 349,269
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........ 885,099 685,736  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
310 0   310
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,350 2,675   2,675
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
50,715 50,715   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 56,375 53,390   2,985
25 Contributions, gifts, grants paid....... 648,000 648,000
26 Total expenses and disbursements. Add lines 24 and 25 704,375 53,390   650,985
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 180,724
b Net investment income (if negative, enter -0-) 632,346
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......... 454,819 988,655 988,655
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) 0 Click to see attachment
List of Attached Documents:
// Content
3,564,448 		3,564,448
b Investments—corporate stock (attach schedule)....... 7,012,319 Click to see attachment
List of Attached Documents:
// Content
7,790,185 		7,790,185
c Investments—corporate bonds (attach schedule)....... 4,606,596 Click to see attachment
List of Attached Documents:
// Content
788,516 		788,516
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).......... 544,832 Click to see attachment
List of Attached Documents:
// Content
559,361 		559,361
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
14,108,312 		Click to see attachment
List of Attached Documents:
// Content
15,319,675 		Click to see attachment
List of Attached Documents:
// Content
15,319,675
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 26,726,878 29,010,840 29,010,840
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........ 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 26,726,878 29,010,840
29 Total net assets or fund balances (see instructions)..... 26,726,878 29,010,840
30 Total liabilities and net assets/fund balances (see instructions). 26,726,878 29,010,840
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
26,726,878
2
Enter amount from Part I, line 27a .....................
2
180,724
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,302,601
4
Add lines 1, 2, and 3 ..........................
4
29,210,203
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
199,363
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
29,010,840
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 P    
b Capital Gains Dividends P    
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 5,602,232   5,259,482 342,750
b 6,519     6,519
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       342,750
b       6,519
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 2 349,269
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 8,790
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 8,790
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 8,790
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 33,412
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 33,412
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 24,622
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow24,622 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 arrowME
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 arrowCaitlin F DiMillo Telephone no.right arrow (207) 553-7160

Located atright arrowc/o Spinnaker Trust 123 Free StPortlandME ZIP+4right arrow04101
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
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
Deborah S Cote Director
1.00 		0 0 0
c/o Spinnaker Trust 123 Free Street
Portland,ME04101
Katherine D Melioris Director
1.00 		0 0 0
c/o Spinnaker Trust 123 Free Street
Portland,ME04101
Eleanor P Schiavi Director
1.00 		0 0 0
c/o Spinnaker Trust 123 Free Street
Portland,ME04101
John Schiavi Director & President
1.00 		0 0 0
c/o Spinnaker Trust 123 Free Street
Portland,ME04101
Richard Curran Treasurer (end 9/2023)
1.00 		0 0 0
c/o Spinnaker Trust 123 Free Street
Portland,ME04101
Caitlin F DiMillo Treasurer (start 9/2023)
1.00 		0 0 0
c/o Spinnaker Trust 123 Free Street
Portland,ME04101
Eben A Adams Secretary (end 9/2023)
1.00 		0 0 0
c/o Spinnaker Trust 123 Free Street
Portland,ME04101
Molly Kelly Secretary (start 9/2023)
1.00 		0 0 0
c/o Spinnaker Trust 123 Free Street
Portland,ME04101
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
Spinnaker Trust Investment Management Fees 50,715
123 Free Street
Portland,ME04101
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
12,525,409
b
Average of monthly cash balances.......................
1b
858,220
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
13,383,629
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
13,383,629
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
200,754
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
13,182,875
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
659,144
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
659,144
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
8,790
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
8,790
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
650,354
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
650,354
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
650,354
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
650,985
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
650,985
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 7 650,354
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 647,036
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 650,985
a Applied to 2022, but not more than line 2a 647,036
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..... 3,949
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		646,405
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 ...... 		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....  
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).)
John Schiavi
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

Abstinence Coalition for Education Northeast

26 Vivian Street
South Portland,ME04106 		N/A PC General Operating Support 5,000

Agassiz Village

9 Vernon Street
Framingham,MA01701 		N/A PC General Operating Support 16,000

Bald Ridge Lodge

505 Lakeland Plaza 302
Cumming,GA30040 		N/A PC General Operating Support 10,000

Bates College

2 Andrews Road 216 Lane Hall
Lewiston,ME04240 		N/A PC General Operating Support 10,000

Bicycle Coalition of Maine

PO Box 15272
Portland,ME04112 		N/A PC General Operating Support 5,000

Camp Sunshine at Sebago Lake Inc

35 Acadia Road
Casco,ME04015 		N/A PC General Operating Support 25,000

Catholic Foundation of Maine

PO Box 799
Portland,ME04104 		N/A PC General Operating Support 6,000

Compassion International Inc

12290 Voyager Parkway
Colorado Springs,CO80921 		N/A PC General Operating Support 1,000

Daniel Memorial Inc

4203 Southpoint Boulevard
Jacksonville,FL32216 		N/A PC General Operating Support 5,000

Ele's Place Inc

1145 W Oakland Avenue
Lansing,MI489152000 		N/A PC General Operating Support 5,000

Ferst Readers Inc

PO Box 1327
Madison,GA30650 		N/A PC General Operating Support 3,000

Franciscan Foundation for the Holy Land

PO Box 29086
Washington,DC200179086 		N/A PC General Operating Support 50,000

Gould Academy

PO Box 860
Bethel,ME04217 		N/A PC General Operating Support 1,000

Greene County School System

101 East Third Street
Greensboro,GA30642 		N/A GOV General Operating Support 7,500

Gulf of Maine Research Institute

350 Commercial Street
Portland,ME04101 		N/A PC General Operating Support 20,000

Harrison Food Bank

PO Box 112
Harrison,ME04040 		N/A PC General Operating Support 50,000

Harrison Village Library

PO Box 597
Harrison,ME04040 		N/A PC General Operating Support 2,500

Hawaii Catholic Community Foundation

1184 Bishop Street
Honolulu,HI96813 		N/A SO I General Operating Support 30,000

Holy Family Hospital of Bethlehem Foundation

2000 P Street NW 310
Washington,DC20036 		N/A PC General Operating Support 25,000

Jen's Friends Cancer Foundation

PO Box 1842
North Conway,NH03860 		N/A PC General Operating Support 6,000

Jesse's House

PO Box 3318
Cumming,GA30028 		N/A PC General Operating Support 10,000

Kairos Prison Ministry

100 DeBary Plantation Boulevard
DeBary,FL32713 		N/A PC General Operating Support 6,000

KidsPeace

4085 Independence Drive
Schnecksville,PA18078 		N/A PC General Operating Support 4,000

Lakes Environmental Association

230 Main Street
Bridgton,ME04009 		N/A PC General Operating Support 5,000

LearningWorks

181 Brackett Street
Portland,ME04102 		N/A PC General Operating Support 5,000

Maine Adaptive Sports & Recreation

PO Box 853
Bethel,ME04217 		N/A PC General Operating Support 7,500

Maine Children's Home for Little Wanderers

93 Silver Street
Waterville,ME04901 		N/A PC General Operating Support 12,500

Mission Working Dogs

152 Moxies Place
Oxford,ME04270 		N/A PC General Operating Support 15,000

Mount Pisgah Christian School

9820 Nesbit Ferry Road
Alpharetta,GA30022 		N/A PC General Operating Support 7,500

Mustard Seed Communities

29 Janes Avenue
Medfield,MA02052 		N/A PC General Operating Support 10,000

National Education for Assistance Dog Services (NEADS)

PO Box 1100
Princeton,MA01541 		N/A PC General Operating Support 5,000

New Beginnings

134 College Street
Lewiston,ME04240 		N/A PC General Operating Support 22,500

Oxford Hills Food Pantry

35 Paris Street
Norway,ME04268 		N/A PC General Operating Support 10,000

Parishes of the Western Maine Lakes and Foothills

32 Paris Street
Norway,ME04260 		N/A PC General Operating Support 11,000

Pine Tree Society

149 Front Street
Bath,ME04530 		N/A PC General Operating Support 5,000

Pink Feather Foundation

10 Aldrich Avenue
Norway,ME04268 		N/A PC General Operating Support 4,000

Preble Street

38 Preble Street
Portland,ME04101 		N/A PC General Operating Support 5,000

Presence Radio Network Inc

PO Box 10660
Portland,ME04104 		N/A PC General Operating Support 5,000

Promise 686 Inc

5300 Triangle Parkway
Peachtree Corners,GA30092 		N/A PC General Operating Support 7,500

Riding to the Top Therapeutic Riding Center

14 Lilac Drive
Windham,ME04062 		N/A PC General Operating Support 7,000

Rightstart Inc

PO Box 726
Norway,ME04268 		N/A PC General Operating Support 8,500

Roman Catholic Diocese of Portland

510 Ocean Avenue
Portland,ME04103 		N/A PC General Operating Support 30,000

Roman Catholic Diocese of Venice

1000 Pinebrook Road
Venice,FL34285 		N/A PC General Operating Support 10,000

Ronald McDonald House - ME

250 Brackett Street
Portland,ME04102 		N/A PC General Operating Support 30,000

Safe Voices

PO Box 713
Auburn,ME04212 		N/A PC General Operating Support 5,000

Special Olympics Maine

525 Main Street
South Portland,ME04106 		N/A PC General Operating Support 7,500

Spurwink Services

901 Washington Avenue 100
Portland,ME04103 		N/A PC General Operating Support 5,000

St Anselm College

100 St Anselm Drive 1738
Manchester,NH03102 		N/A PC General Operating Support 1,000

St Brigid Catholic Church

3400 Old Alabama Road
Johns Creek,GA30022 		N/A PC General Operating Support 2,500

St Mary Hana

5000 Hana Highway
Hana,HI96713 		N/A PC General Operating Support 10,000

St Michael's College

One Winooski Park
Colchester,VT05439 		N/A PC General Operating Support 1,000

Susan L Curtis Foundation

1321 Washington Avenue Suite 104
Portland,ME04103 		N/A PC General Operating Support 26,000

Sweetser

50 Moody Street
Saco,ME040720892 		N/A PC General Operating Support 5,000

The Center For Grieving Children

555 Forest Avenue
Portland,ME04101 		N/A PC General Operating Support 5,000

The Period Project

355 Woodruff Road 106
Greenville,SC29602 		N/A PC General Operating Support 5,000

The Root Cellar

94 Washington Avenue
Portland,ME04101 		N/A PC General Operating Support 11,000

The Summer Camp

8 Church Street
Bridgton,ME04009 		N/A PC General Operating Support 5,000

Trinity Jubilee Center

247 Bates Street
Lewiston,ME04240 		N/A PC General Operating Support 8,000

University of Southern Maine

PO Box 9300
Portland,ME04104 		N/A GOV General Operating Support 25,000
Total .................................right arrow 3a 648,000
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 ....     14 336,467  
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 ............ 		    18 349,269  
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) .. 0 685,736 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
685,736
(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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
Schiavi Family Foundation
 
Employer identification number

01-0463183
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
Schiavi Family Foundation
  		Employer identification number
01-0463183
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
John H Schiavi 2016 Charitable Lead Annuity Trust
 
c/o Spinnaker Trust 123 Free Street
 
Portland, ME04112

$ 98,483


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
Eleanor P Schiavi 2019 Charitable Lead Annuity Trust
 
c/o Spinnaker Trust 123 Free Street
 
Portland, ME04112

$ 100,880


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
Schiavi Family Foundation
  		Employer identification number

01-0463183
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
Schiavi Family Foundation
  		Employer identification number

01-0463183
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
Schiavi Family Foundation
EIN:
01-0463183
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting fees 5,350 2,675   2,675

TY 2023 InvestmentsCorpBondsSchedule
Name:
Schiavi Family Foundation
EIN:
01-0463183
Name of Bond End of Year Book Value End of Year Fair Market Value
400000 units Apple Inc Note 3.45% 397,344 397,344
400000 units Wells Fargo & Co 3% 391,172 391,172

TY 2023 InvestmentsCorpStockSchedule
Name:
Schiavi Family Foundation
EIN:
01-0463183
Name of Stock End of Year Book Value End of Year Fair Market Value
12033 units Essential Utilities Inc 449,433 449,433
24557 units FT CBOE Vest US Equity Buffer 878,097 878,097
1762 units Invesco S&P 500 GARP ETF 172,746 172,746
10991 units iShares MSCI USA ESG Select ETF 1,104,705 1,104,705
3156 units Pacer US Cash Cows 100 EYF 164,080 164,080
350 units SPDR Kensho Clean Power ETF 25,109 25,109
2412 units SPDR Bloomberg 1-3 month T Bill ETF 220,433 220,433
7978 units SPDR Portfolio S&P 600 Small Cap ETF 336,512 336,512
3968 units Healthcare Select Sector SPDR 541,156 541,156
1795 units Consumer Staples Select Sector SPDR 129,294 129,294
2584 units Consumer Discretionary Select Sector SPDR 462,045 462,045
3412 units Financial Select Sector SPDR 128,291 128,291
774 units Industrial Select Sector SPDR 88,228 88,228
3988 units Technology Select Sector SPDR 767,610 767,610
13624 units Capstone Mining Corp 66,621 66,621
1209 units Global X Uranium ETF 33,477 33,477
12757 units Goldman Sachs ActiveBeta Emerging Markets 391,512 391,512
3277 units iShares MSCI Brazil ETF 114,564 114,564
925 units iShares MSCI India 45,149 45,149
1791 units iShares MSCI Taiwan ETF 82,440 82,440
13994 units iShares ESG MSCI EAFE ETF 1,057,107 1,057,107
409 units JPMorgan BetaBuilders Japan ETF 21,481 21,481
1172 units Vanguard FTSE All World ex US Small Cap Index 134,815 134,815
1300 units First Trust CBOE US Equity Deep Buffer ETF 46,485 46,485
113 units Invesco QQQ Trust 46,276 46,276
951 units Invesco S&P 500 Low Volatility ETF 59,590 59,590
42 units iShares Core S&P Mid Cap ETF 11,640 11,640
502 units iShares MSCI USA ESG Select ETF 50,456 50,456
410 units iShares ESG Aware MSCI USA ETF 43,017 43,017
80 units SPDR Kensho Clean Power ETF 5,739 5,739
391 units SPDR Portfolio S&P 600 Small Cap ETF 16,492 16,492
260 units Global X Uranium ETF 7,200 7,200
606 units Goldman Sachs ActiveBeta Emerging Markets 18,598 18,598
166 units iShares MSCI Brazil ETF 5,803 5,803
73 units MSCI India 3,563 3,563
53 units iShares MSCI Taiwan ETF 2,440 2,440
635 units iShares ESG MSCI EAFE ETF 47,968 47,968
68 units JPMorgan BetaBuilders Japan ETF 3,571 3,571
56 units Vanguard FTSE All-World ex US Small Cap Index 6,442 6,442

TY 2023 InvestmentsGovtObligationsSch
Name:
Schiavi Family Foundation
EIN:
01-0463183
US Government Securities - End of Year Book Value:

3,564,448
US Government Securities - End of Year Fair Market Value:

3,564,448
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
Schiavi Family Foundation
EIN:
01-0463183
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
3088 units Invesco CurrencyShares Japanese Yen Trust FMV 203,221 203,221
6882 units iShares Gold Trust FMV 268,604 268,604
2000 units KraneShares Global Carbon ETF FMV 72,980 72,980
73 units Invesco CurrencyShares Japanese Yen Trust FMV 4,804 4,804
147 units iShares Gold Trust FMV 5,738 5,738
110 units KraneShares Global Carbon ETF FMV 4,014 4,014

TY 2023 LegalFeesSchedule
Name:
Schiavi Family Foundation
EIN:
01-0463183
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal fees 310 0   310


TY 2023 OtherAssetsSchedule
Name:
Schiavi Family Foundation
EIN:
01-0463183
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Present interest in charitable lead trusts 14,108,312 15,319,675 15,319,675


TY 2023 OtherDecreasesSchedule
Name:
Schiavi Family Foundation
EIN:
01-0463183
Description Amount
Remainder Interest in CLATs - distributions 199,363


TY 2023 OtherIncreasesSchedule
Name:
Schiavi Family Foundation
EIN:
01-0463183
Description Amount
Remainder Interest in CLATs - market adjustments 1,410,726
Timing difference in partnership distributions 4,357
Excise tax refunds 4,352
Unrealized gain on investment holdings 883,166


TY 2023 OtherProfessionalFeesSchedule
Name:
Schiavi Family Foundation
EIN:
01-0463183
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment fees 50,715 50,715   0