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
SMILOW FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)200 BELLEVUE PARKWAY SUITE 250
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE198093747
A Employer identification number

06-6299809
B Telephone number (see instructions)

(302) 793-3290
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$174,888,597J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,309,254
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,445,932 3,445,932  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 557,225
b Gross sales price for all assets on line 6a 17,683,032
7 Capital gain net income (from Part IV, line 2)... 557,225
8 Net short-term capital gain......... 0
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
293    
12 Total. Add lines 1 through 11........ 6,312,704 4,003,157  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 485,000     485,000
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
101,667 0 0 101,667
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
539,747 239,747   300,000
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
88,990 11,990   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,663 4,289   4,374
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,224,067 256,026 0 891,041
25 Contributions, gifts, grants paid....... 122,000 122,000
26 Total expenses and disbursements. Add lines 24 and 25 1,346,067 256,026 0 1,013,041
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,966,637
b Net investment income (if negative, enter -0-) 3,747,131
c Adjusted net income (if negative, enter -0-)... 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............. 12,741 199,373 199,373
2 Savings and temporary cash investments......... 13,504,774 8,984,664 8,984,664
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 121,516,241 Click to see attachment
List of Attached Documents:
// Content
117,126,310 		124,449,564
c Investments—corporate bonds (attach schedule)....... 27,198,187 Click to see attachment
List of Attached Documents:
// Content
41,113,391 		41,254,996
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)..........     0
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) 162,231,943 167,423,738 174,888,597
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
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........ 162,231,943 167,423,738
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 162,231,943 167,423,738
30 Total liabilities and net assets/fund balances (see instructions). 162,231,943 167,423,738
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
162,231,943
2
Enter amount from Part I, line 27a .....................
2
4,966,637
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
225,158
4
Add lines 1, 2, and 3 ..........................
4
167,423,738
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
167,423,738
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 1. GOLDMAN SACHS & CO   2023-01-01 2023-12-31
b 2. GOLDMAN SACHS & CO     2023-12-31
c CAPITAL GAIN DIVIDENDS P    
d CAPITAL GAIN DIVIDENDS P    
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 4,890,668   4,873,079 17,589
b 12,196,319   12,252,728 -56,409
c       596,045
d       596,045
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       17,589
b       -56,409
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 2 557,225
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 52,085
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 52,085
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 52,085
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 63,928
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 83,928
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 31,843
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow31,843 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$   (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 arrowCT
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 arrowTHE GOLDMAN SACHS TRUST COMPANY NA Telephone no.right arrow (302) 793-3290

Located atright arrow200 BELLEVUE PARKWAY SUITE 250WILMINGTONDE ZIP+4right arrow198093747
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
JENNIFER LIPPINCOTT VP OPERATIONS AND ADMINISTRATION
40 		125,000    
18 W HIGHLAND AVE
PHILADELPHIA,PA19118
WILLIAM SMILOW TRUSTEE
40 		300,000    
18 W HIGHLAND AVE
PHILADELPHIA,PA19118
MR RICHARD J SMILOW DIRECTOR
2 		20,000    
200 BELLEVUE PARKWAY SUITE 250
WILMINGTON,DE19809
STEPHEN FARLEY DIRECTOR
2 		20,000    
200 BELLEVUE PARKWAY SUITE 250
WILMINGTON,DE19809
JOHN P SHOEMAKER DIRECTOR
2 		20,000    
200 BELLEVUE PARKWAY SUITE 250
WILMINGTON,DE19809
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
THE GOLDMAN SACHS TRUST COMPANY NA ADVISORY & INV MGMT 539,747
200 BELLEVUE PARKWAY SUITE 250
WILMINGTON,DE198093747
HOLLAND & KNIGHT LLP LEGAL SERVICES 70,143
ONE ARTS PLAZA 1722 ROUTH ST SUIT
DALLAS,TX75201
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 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
151,491,771
b
Average of monthly cash balances.......................
1b
9,252,063
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
160,743,834
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
160,743,834
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,411,158
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
158,332,676
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
7,916,634
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
7,916,634
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
52,085
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
52,085
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
7,864,549
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
7,864,549
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
7,864,549
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
1,013,041
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
1,013,041
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 7,864,549
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 173,238
c From 2020...... 0
d From 2021...... 0
e From 2022...... 0
f Total of lines 3a through e ........ 173,238
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,013,041
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 1,013,041
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 173,238 173,238
(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 .......... 		6,678,270
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.... 0
b Excess from 2020.... 0
c Excess from 2021.... 0
d Excess from 2022.... 0
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).)
JOEL E SMILOW ESTATE
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.
NA
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MEGHAN VERCILLO
200 BELLEVUE PARKWAY SUITE 250
WILLIMINGTON,DE19809
(302) 793-3290
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION FORM
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
TO BE WITHIN THE GUIDELINES OF MISSION STATEMENT
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

UNIVERSITY OF PENNSYLVANIA

34TH SPRUCE STREET
PHILADELPHIA,PA19104 		NONE PC GENERAL 15,000

HOMES WITH HOPE

PO BOX 70146
HOUSTON,TX77270 		NONE PC GENERAL 6,000

BROWN UNIVERSITY

75 WATERMAN ST
PROVIDENCE,RI02912 		NONE PC GENERAL 10,000

FAIRFIELD UNIVERSITY

1073 NORTH BENSON ROAD
FAIRFIELD,CT06824 		NONE PC GENERAL 15,000

FREDERICK GUNN SCHOOL

99 GREEN HILL ROAD
WASHINGTON,CT06793 		NONE PC GENERAL 20,000

SOUTHPORT FIRE DEPARTMENT

1011 N HOWE ST
SOUTHPORT,NC28461 		NONE PC GENERAL 1,000

ASPETUCK LAND TRUST

PO BOX 444 FAIRFIELD
WESTPORT,CT06880 		NONE PC GENERAL 5,000

MICHAEL J FOX FOUNDATION

GRAND CENTRAL STA PO BOX 4777
NEW YORK,NY10163 		NONE PC GENERAL 500

AMERICA'S VETDOGS

371 E JERICHO TPKE
SMITHTOWN,NY11787 		NONE PC GENERAL 5,000

THE GRAMMY MUSEUM

800 WEST OLYMPIC BOULEVARD A245
LOS ANGELES,CA90015 		NONE PC GENERAL 6,000

TEMPLE ISRAEL

2324 EMERSON AVENUE SOUTH
MINNEAPOLIS,MN55405 		NONE PC GENERAL 7,000

MAD FOUNDATION INC

10 CITY POINT 40J
BROOKLYN,NY11201 		NONE PC GENERAL 8,000

WETA

3939 CAMPBELL AVENUE
ARLINGTON,VA22206 		NONE PC GENERAL 10,000

THE EAST LAKE FOUNDATION

2606 ALSTON DR SE
ATLANTA,GA30317 		NONE PC GENERAL 5,000

YELLOW TULIP PROJECT

63 FEDERAL
ST PORTLAND,ME04101 		NONE PC GENERAL 1,000

JACKSON HOLE ONE FLY

PO BOX 4158
JACKSON,WY830014158 		NONE PC GENERAL 5,000

NEW YORK PHILHARMONIC

6801 JERICHO TURNPIKE SUITE 210
SYOSSET,NY117910000 		NONE PC GENERAL 2,500
Total .................................right arrow 3a 122,000
bApproved for future payment

The COBBS CREEK RESTORATION AND
COMMUNITY FOUNDATION
SUITE 405
WEST CONSHOHOCKEN,PA19428 		NONE PC GENERAL 15,000,000

BRIDGEPORT HOSPITAL FOUNDATION INC
267 GRANT STREET
BRIDGEPORT,CT06610 		NONE PC GENERAL 500,000

NORWALK HOSPITAL FOUNDATION INC
34 MAPLE STREET
NORWALK,CT06856 		NONE PC GENERAL 5,000,000

YALE UNIVERSITY
20 TOWER PARKWAY
NEW HAVEN,CT06520 		NONE PC GENERAL 2,000,000
Total ................................. right arrow 3b 22,500,000
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 3,445,932  
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 ............ 		    18 557,225  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aSTATE TAX REFUND 		      293  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   4,003,450  
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,003,450
(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
SMILOW FOUNDATION
 
Employer identification number

06-6299809
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
SMILOW FOUNDATION
  		Employer identification number
06-6299809
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
JOEL E SMILOW RVOC TR
C/O SMILOW FAMILY OFFICE
 
SOUTHPORT, CT06890

$ 2,309,254


(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.)
(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
SMILOW FOUNDATION
  		Employer identification number

06-6299809
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
SMILOW FOUNDATION
  		Employer identification number

06-6299809
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 InvestmentsCorpBondsSchedule
Name:
SMILOW FOUNDATION
EIN:
06-6299809
Name of Bond End of Year Book Value End of Year Fair Market Value
91282CBZ3 U.S. TREASURY NOTE 1 2,637,322 2,565,881
91282CEA5 U.S. TREASURY NOTE 1    
91282CEG2 U.S. TREASURY NOTE 2 2,080,708 2,079,242
912796XQ7 U.S. TREASURY BILL D    
91282CEF4 U.S. TREASURY NOTE 2 1,402,038 1,367,875
91282CDP3 U.S. TREASURY NOTE 1 1,602,752 1,564,469
912828YB0 U.S. TREASURY NOTE 1 2,050,790 2,042,348
91324PEH1 UNITEDHEALTH GROUP I 483,468 479,906
80281LAR6 SANTANDER UK GROUP H 479,008 479,213
91282CAD3 U.S. TREASURY NOTE 0 473,980 458,893
26441CAS4 DUKE ENERGY CORP 2.6 359,680 358,420
05964HAN5 BANCO SANTANDER, S.A 543,343 545,915
88579YBG5 3M COMPANY MTN 3.375 743,473 739,253
756109AS3 REALTY INCOME CORPOR 515,278 517,353
099724AL0 BORGWARNER INC 2.65% 310,948 311,464
69353REW4 PNC BANK NA 2.7% 10/ 294,434 296,656
46647PBH8 JPMORGAN CHASE & CO. 295,837 295,870
6174468Q5 MORGAN STANLEY HYBRI 294,810 294,209
780082AD5 ROYAL BANK OF CANADA 283,597 283,293
10373QBE9 BP CAP MARKETS AMERI 287,430 286,116
95000U2N2 WELLS FARGO & COMPAN 291,192 289,597
084659AM3 BERKSHIRE HATHAWAY E 288,095 284,033
581557BR5 MCKESSON CORPORATION 462,074 460,148
780097BP5 ROYAL BANK OF SCOTLA 247,832 248,082
62947QBC1 NXP BV/NXP FUNDING L 240,475 242,174
225433AR2 CREDIT SUISSE GROUP    
912828YE4 U.S. TREASURY NOTE 1 241,750 240,021
9EQ4JLVJ4 ING GROEP N.V. HYBRI 216,597 215,862
404280CG2 HSBC HOLDINGS PLC HY 218,463 219,357
172967NA5 CITIGROUP INC. HYBRI 222,776 220,853
70450YAD5 PAYPAL HOLDINGS, INC 219,061 215,299
459200JZ5 INTERNATIONAL BUSINE 213,787 211,492
20030NCT6 COMCAST CORP 4.15% 1 215,417 212,735
24703TAE6 DELL INT LLC / EMC C 209,474 209,931
06051GGZ6 BANK OF AMERICA CORP 204,229 206,243
95000U2X0 WELLS FARGO & COMPAN 202,023 201,429
46647PBW5 JPMORGAN CHASE & CO. 205,058 205,978
92343VDD3 VERIZON COMMUNICATIO 182,492 180,996
855244AP4 STARBUCKS CORP 3.5% 180,594 179,276
86562MBT6 SUMITOMO MITSUI FINA    
828807CY1 SIMON PROPERTY GROUP 177,778 174,238
125523AH3 CIGNA CORPORATION 4. 172,712 172,104
29379VBV4 ENTERPRISE PRODUCTS 173,772 176,587
00914AAJ1 AIR LEASE CORP MTN 2 160,208 160,392
00774MAP0 AERCAP IRELAND CAP/G 158,630 158,775
09062XAF0 BIOGEN INC. 4.05% 09 156,774 156,351
00206RDN9 AT&T INC. 1.7% 03/25 162,407 159,886
120568AX8 BUNGE LIMITED FINANC 158,899 157,575
126650CX6 CVS HEALTH CORPORATI 156,524 155,324
487836BW7 KELLOGG CO 4.3% 05/1 154,433 152,240
25389JAT3 DIGITAL REALTY TRUST 154,515 153,604
49456BAP6 KINDER MORGAN INC 4. 143,339 144,189
337738AR9 FISERV, INC. 4.2% 10 144,290 144,309
13607HVE9 CANADIAN IMPERIAL BA 148,343 145,800
912828YS3 U.S. TREASURY NOTE 1 2,514,766 2,482,454
458140BH2 INTEL CORPORATION 2. 609,225 637,412
05530QAN0 B.A.T. INTERNATIONAL 134,457 133,515
92343VER1 VERIZON COMMUNICATIO 123,931 124,291
097023DG7 BOEING COMPANY (THE) 121,680 122,135
68389XBN4 ORACLE CORPORATION 3 118,937 119,308
37045XBG0 GENERAL MOTORS FINAN 115,931 116,103
03027XAJ9 AMERICAN TOWER CORPO 115,616 115,489
05526DBB0 B.A.T. CAPITAL CORPO 116,161 118,140
29379VBT9 ENTERPRISE PRODUCTS 110,205 110,672
828807DP9 SIMON PROPERTY GROUP 101,432 101,052
11134LAR0 BROADCOM CORPORATION 99,973 101,472
00914AAM4 AIR LEASE CORP 1.875 92,990 93,655
22822VAH4 CROWN CASTLE INTL CO 272,919 272,644
02209SBC6 ALTRIA GROUP, INC. 4 71,512 71,559
35137LAH8 FOX CORPORATION 4.70 262,211 268,072
681919BA3 OMNICOM GROUP INC. 3 71,035 70,297
571748BG6 MARSH & MCLENNAN COM 71,682 71,652
209111FS7 CONSOLIDATED EDISON 71,163 69,615
89352HAW9 TRANSCANADA PIPELINE 71,011 69,557
38145C455 GS HIGH YIELD FLOATI    
91282CDY4 U.S. TREASURY NOTE 1 2,457,607 2,469,334
912810FT0 U.S. TREASURY BOND 4 1,311,876 1,469,774
91282CBB6 U.S. TREASURY NOTE 0 1,323,005 1,315,797
912828Z94 U.S. TREASURY NOTE 1 898,796 894,759
91282CDF5 U.S. TREASURY NOTE 1 676,784 671,740
9JE008V46 MITSUBISHI UFJ FINAN 418,673 424,599
65339KBJ8 NEXTERA ENERGY CAPIT 403,464 410,437
20030NDA6 COMCAST CORPORATION 374,565 386,837
191216CE8 COCA-COLA CO/THE 2.9 381,630 383,952
444859BK7 HUMANA INC. 3.125% 0 370,643 380,911
17327CAM5 CITIGROUP INC. HYBRI 349,461 352,918
05329WAQ5 AUTONATION INC 4.75% 303,502 316,285
06738EAP0 BARCLAYS PLC 5.2% 05 303,551 305,304
14040HCX1 CAPITAL ONE FINANCIA 278,134 282,621
9128285Z9 U.S. TREASURY NOTE 2 276,487 279,258
89236TDR3_1 TOYOTA MOTOR CREDI 273,928 278,949
55336VBN9 MPLX LP 4.25% 12/01/ 266,382 268,073
9EQ3PH383 UBS GROUP AG 4.55% 0 255,305 261,153
37045XEG7 GENERAL MOTORS FINL 238,807 252,231
071813CP2 BAXTER INTERNATIONAL 239,019 247,504
478160BJ2 JOHNSON & JOHNSON 4. 218,299 239,557
05531GAB7 BB&T CORPORATION MTN 228,865 227,328
87264ABW4 T-MOBILE USA, INC. 3 201,456 221,946
91282CFF3_1 U.S. TREASURY NOTE 199,023 218,309
92343VEU4 VERIZON COMMUNICATIO 206,643 213,654
91282CFY2 U.S. TREASURY NOTE 3 197,419 208,545
29250NBH7 ENBRIDGE INC 1.6% 10 206,426 207,067
539439AQ2 LLOYDS BANKING GROUP 199,571 200,440
718172CV9 PHILIP MORRIS INTL I 192,241 193,694
125523CP3 CIGNA CORP 1.25% 03/ 190,340 190,560
14040HCH6 CAPITAL ONE FINANCIA 189,053 188,724
666807BN1 NORTHROP GRUMMAN COR 181,519 184,485
606990158_1 SUMITOMO MITSUI FI 175,903 179,087
037389BC6 AON CORP 3.75% 05/02 139,729 140,726
031162DD9 AMGEN INC. 3.0% 02/2 95,539 98,088

TY 2023 InvestmentsCorpStockSchedule
Name:
SMILOW FOUNDATION
EIN:
06-6299809
Name of Stock End of Year Book Value End of Year Fair Market Value
78462F103 SPDR S&P 500 ETF TRU 44,450,295 45,684,421
921937736 VANGUARD INSTL INDEX 33,505,027 34,637,061
066923194 ISHARES S&P 500 INDE    
921946406 VANGUARD HIGH DIVIDE 9,990,594 10,329,124
464287655 ISHARES RUSSELL 2000 5,224,824 5,511,901
46090E103 INVESCO QQQ TRUST ET    
464287465 ISHARES MSCI EAFE IN    
066922204 ISHARES S&P 500 INDE 12,721,088 15,217,592
4609E103 INVESCO QQQ TRUST ETF 5,900,088 6,750,937
09253F861 ISHARES MSCI EAFE IN 5,334,394 6,318,528

TY 2023 LegalFeesSchedule
Name:
SMILOW FOUNDATION
EIN:
06-6299809
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 101,667     101,667


TY 2023 OtherExpensesSchedule
Name:
SMILOW FOUNDATION
EIN:
06-6299809
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER CHARITABLE EXPENSES 8,663 4,289   4,374


TY 2023 OtherIncomeSchedule2
Name:
SMILOW FOUNDATION
EIN:
06-6299809
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
STATE TAX REFUND 293 0  


TY 2023 OtherIncreasesSchedule
Name:
SMILOW FOUNDATION
EIN:
06-6299809
Description Amount
COST BASIS ADJUSTMENT 225,158


TY 2023 OtherProfessionalFeesSchedule
Name:
SMILOW FOUNDATION
EIN:
06-6299809
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GS ADVISORY FEES 300,000     300,000
INVESTMENT MANAGEMENT FEES 239,747 239,747    


TY 2023 TaxesSchedule
Name:
SMILOW FOUNDATION
EIN:
06-6299809
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 11,990 11,990   0
FEDERAL TAX PAID 47,000 0   0
ESTIMATE TAX PAID 30,000 0   0