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
ADRIAN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)735 STATE STREET SUITE 511
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SANTA BARBARA, CA93101
A Employer identification number

33-0783199
B Telephone number (see instructions)

(805) 708-0605
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$4,490,429J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 34,586 34,586  
4 Dividends and interest from securities... 81,912 81,912  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 572,641
b Gross sales price for all assets on line 6a 6,401,772
7 Capital gain net income (from Part IV, line 2)... 572,641
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........ 689,139 689,139  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 18,420 0   18,420
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
25,572 2,000   23,572
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
32,001 32,001   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
7,907 4,397   3,510
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 4,500 0   4,500
21 Travel, conferences, and meetings....... 2,355 0   2,355
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,689 0   9,689
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 100,444 38,398   62,046
25 Contributions, gifts, grants paid....... 438,734 438,734
26 Total expenses and disbursements. Add lines 24 and 25 539,178 38,398   500,780
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 149,961
b Net investment income (if negative, enter -0-) 650,741
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......... 54,805 79,858 79,858
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) 557,675 0 0
b Investments—corporate stock (attach schedule)....... 3,164,821 Click to see attachment
List of Attached Documents:
// Content
2,501,257 		2,501,257
c Investments—corporate bonds (attach schedule)....... 391,301 Click to see attachment
List of Attached Documents:
// Content
1,563,841 		1,563,841
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).......... 309,130 Click to see attachment
List of Attached Documents:
// Content
345,473 		345,473
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) 4,477,732 4,490,429 4,490,429
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
10,000 		Click to see attachment
List of Attached Documents:
// Content
672
23 Total liabilities (add lines 17 through 22)......... 10,000 672
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........... 4,467,732 4,489,757
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 4,467,732 4,489,757
30 Total liabilities and net assets/fund balances (see instructions). 4,477,732 4,490,429
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
4,467,732
2
Enter amount from Part I, line 27a .....................
2
149,961
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,617,693
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
127,936
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,489,757
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b 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 6,401,193   5,829,131 572,062
b 579     579
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       572,062
b       579
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 2 572,641
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 9,045
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 9,045
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 9,045
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 1,892
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 17,100
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,992
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 9,947
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow9,947 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 arrowCA
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 arrowGINA ADRIAN-GIANNETTO Telephone no.right arrow (805) 708-0605

Located atright arrow735 STATE STREET SUITE 511SANTA BARBARACA ZIP+4right arrow93101
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
NANCY ADRIAN PRESIDENT
5.00 		0 0 0
735 STATE STREET SUITE 511
SANTA BARBARA,CA93101
GINA GIANNETTO SECRETARY/TREASURER
10.00 		0 0 0
735 STATE STREET SUITE 511
SANTA BARBARA,CA93101
SHIRLEY KOVAR BOARD MEMBER
1.00 		0 0 0
735 STATE STREET SUITE 511
SANTA BARBARA,CA93101
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
4,270,223
b
Average of monthly cash balances.......................
1b
137,055
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
4,407,278
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
4,407,278
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
66,109
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
4,341,169
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
217,058
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
217,058
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
9,045
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
9,045
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
208,013
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
208,013
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
208,013
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
500,780
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
500,780
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 7 208,013
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...... 24,900
b From 2019......  
c From 2020...... 112,411
d From 2021...... 171,141
e From 2022...... 242,441
f Total of lines 3a through e ........ 550,893
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 500,780
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..... 208,013
e Remaining amount distributed out of corpus 292,767
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 5 843,660
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		24,900
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		818,760
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020.... 112,411
c Excess from 2021.... 171,141
d Excess from 2022.... 242,441
e Excess from 2023.... 292,767
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

DIRECT RELIEF

6100 WALLACE BECKNELL ROAD
SANTA BARBARA,CA93117 		  PC ENVIRONMENTAL DISASTER (FIRE, FLOOD) RESPONSE 40,000

EQUAL JUSTICE INITIATIVE

122 COMMERCE STREET
MONTGOMERY,AL36104 		  PC SOCIAL JUSTICE/EQUITY 25,000

PEOPLE ADVANCING REINTEGRATION

342 E WALNUT LANE
PHILADELPHIA,PA19144 		  PC SOCIAL JUSTICE/EQUITY EMPLOYMENT PROCUREMENT ASSISTANCE, JOB TRAINING 20,000

PEOPLE ASSISTING THE HOMELESS

520 HYDRO PLANT RD
FARMINGTON,NM87401 		  PC HOUSING ASSISTANCE 20,000

PLANNED PARENTHOOD CALIFORNIA CENTRAL COAST

518 GARDEN STREET
SANTA BARBARA,CA93101 		  PC REPRODUCTIVE HEALTHCARE DEVELOPMENT 10,000

PLANNED PARENTHOOD OF THE PACIFIC SOUTHWEST

1075 CAMINO DEL RIO SOUTH
SAN DIEGO,CA92108 		  PC REPRODUCTIVE HEALTHCARE DEVELOPMENT 25,000

SEVEN SISTERS INTERNATIONAL

PO BOX 3069
BRECKERNRIDGE,CO80424 		  PC WOMEN'S EDUCATION 60,000

THE DAUGHTERS FOR LIFE FOUNDATION

20 DE BOERS DR
TORONTO,ONTARIOM3J 0H1
CA 		  NC WOMEN'S EDUCATION 15,000

WORLDWIDE FISTULA FUND

1100 EAST WOODFIELD RD SUITE 350
SCHAUMBURG,IL60173 		  PC WOMEN'S REPRODUCTIVE HEALTH 100,000

YELLOWHAMMER FUND

PO BOX 1565
TUSCALOOSA,AL35403 		  PC WOMEN'S REPRODUCTIVE RIGHTS/HEALTH 30,000

PARTNERS IN HEALTH

800 BOYLSTON ST SUITE 300
BOSTON,MA02199 		  PC SOCIAL JUSTICE, HEALTHCARE DEVELOPMENT 60,000

FLORESTA INC RD

56 CALLE RAFAEL RAMOS
SANTO DOMINGO    
DR 		  NC SOCIAL JUSTICE, EQUITY EMPLOYMENT PROCUREMENT ASSISTANCE, JOB TRAINING 33,734
Total .................................right arrow 3a 438,734
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 ........... 		    14 34,586  
4 Dividends and interest from securities ....     14 81,912  
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 ............ 		    18 572,641  
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) .. 0 689,139 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
689,139
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
ADRIAN FAMILY FOUNDATION
EIN:
33-0783199
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 25,572 2,000   23,572

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

TY 2023 ExpenditureResponsibilityStmt
Name:
ADRIAN FAMILY FOUNDATION
EIN:
33-0783199
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
FLORESTA INC RD
  		56 CALLE RAFAEL RAMOS
SANTO DOMINGO    
DR 		2022-04-28 31,200 REGENERATIVE AGRICULTURE/RURAL FARMING COMMUNITIES 31,200 NONE 03/15/23 2023-03-15 THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE GRANTEE'S REPORTS.
THE DAUGHTERS FOR LIFE FOUNDATION
  		20 DE BOERS DR
TORONTO,ONTARIOM3J 0H1
CA 		2022-11-10 10,000 WOMEN'S EDUCATION 10,000 NONE 03/31/23 2023-03-31 THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE GRANTEE'S REPORTS.
THE DAUGHTERS FOR LIFE FOUNDATION
  		20 DE BOERS DR
TORONTO,ONTARIOM3J 0H1
CA 		2023-02-14 15,000 WOMEN'S EDUCATION 15,000 NONE 02/05/24 2024-02-05 THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE GRANTEE'S REPORTS.
FLORESTA INC RD
  		56 CALLE RAFAEL RAMOS
SANTO DOMINGO    
DR 		2023-04-12 33,734 REGENERATIVE AGRICULTURE/RURAL FARMING COMMUNITIES 33,734 NONE 2/29/24 2024-02-29 THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE GRANTEE'S REPORTS.

TY 2023 InvestmentsCorpBondsSchedule
Name:
ADRIAN FAMILY FOUNDATION
EIN:
33-0783199
Name of Bond End of Year Book Value End of Year Fair Market Value
BANK OF AMERICA MOODYS: A3 S&P: BBB+ 43,241 43,241
ORACLE CORP 2.3% MOODYS: BAA2 S&P: BBB CALLABLE 01/25/28 AT 100.00000 39,219 39,219
WELLS FARGO & CO MOODYS: A3 S&P: BBB 38,151 38,151
CITIGROUP INC 3.2% MOODYS: A3 S&P: BBB+ CALLABLE 07/21/26 AT 100.00000 41,942 41,942
AIR LEASE CORP MOODYS: NR S&P: BBB CALLABLE 07/15/26 AT 100.00000 38,594 38,594
ALPHABET INC. 0.8% MOODYS: AA2 S&P: AA+ CALLABLE 06/15/27 AT 100.00000 38,460 38,460
AMAZON.COM, INC. 4.55% MOODYS: A1 S&P: AA CALLABLE 11/01/27 AT 100.00000 39,570 39,570
COMCAST CORP 1.95% MOODYS: A-CALLABL A3 S&P: 10/15/30 AT 100.00000 37,059 37,059
CSX CORP 4.1% MOODYS: A3 S&P: BBB+ CALLABLE 08/15/32 AT 100.00000 38,826 38,826
1 NUTRIEN LTD. 5.9% MOODYS: BAA2 S&P: BBB 36,100 36,100
THE SHERWIN-WILL MOODYS: BAA2 S&P: BBB 37,624 37,624
UNITED PARCEL S 4.875% MOODYS: A2 S&P: A CALLABLE 12/03/32 AT 100.00000 43,550 43,550
REALTY INCOME CO MOODYS: A-CALLABL A3 S&P: 01/13/24 AT 100.00000 36,975 36,975
CATERPILLAR FINL MOODYS: A2 S&P: A 37,058 37,058
FIFTH THIRD BAN MOODYS: BAA1 S&P: BBB+ CALLABLE 12/29/24 AT 100.00000 37,727 37,727
THE HOME DEPOT, I MOODYS: A2 S&P: A CALLABLE 03/15/25 AT 100.00000 37,060 37,060
OCCIDENTAL PETROL MOODYS: BAA3 S&P: BB+ CALLABLE 09/01/25 AT 100.00000 37,000 37,000
EXELON CORP 2.75% MOODYS: BAA2 S&P: BBB CALLABLE 02/15/27 AT 100.00000 42,342 42,342
DUKE ENERGY 5.0% CORP MOODYS: BAA2 S&P: BBB CALLABLE 11/08/27 AT 100.00000 41,503 41,503
HCA HEALTHCARE, I 5.2% MOODYS: BBB-CALLABL BAA3 S&P: 05/01/28 AT 100.00000 38,361 38,361
SPRINT CAPITAL 6.875% MOODYS: BAA2 S&P: BBB- 37,800 37,800
RTX CORP 4.125% MOODYS: BAA1 S&P: BBB+ CALLABLE 08/16/28 AT 100.00000 38,081 38,081
MARSH & MCLENNA 4.375% MOODYS: A-CALLABL A3 S&P: 12/15/28 AT 100.00000 42,762 42,762
WELLTOWER OP LL 4.125% MOODYS: BAA1 S&P: BBB+ CALLABLE 12/15/28 AT 100.00000 39,385 39,385
MARRIOTT 4.9% INTERNTN MOODYS: BAA2 S&P: BBB CALLABLE 03/15/29 AT 100.00000 38,218 38,218
BAKER HUGHES HO 3.138% 1 MOODYS: A-CALLABL A3 S&P: 08/07/29 AT 100.00000 39,101 39,101
WASTE 4.625% MANAGEMEN MOODYS: A-CALLABL BAA1 S&P: 12/15/29 AT 100.00000 39,407 39,407
AUTOZONE, INC. 4.0% MOODYS: BAA1 S&P: BBB CALLABLE 01/15/30 AT 100.00000 37,967 37,967
AMERICAN HONDA 4.6% FI MOODYS: A3 S&P: A- 37,875 37,875
AON CORP / AON GL 2.8% MOODYS: A-CALLABL BAA2 S&P: 02/15/30 AT 100.00000 39,017 39,017
JPMORGAN CHASE & VAR MOODYS: A3 S&P: BBB+ CALLABLE 02/13/31 AT 100.00000 36,790 36,790
AT&T INC. 2.75% MOODYS: BAA2 S&P: BBB CALLABLE 03/01/31 AT 100.00000 40,252 40,252
CENTENE CORP 2.625% MOODYS: BBB-CALLABL BA1 S&P: 05/01/31 AT 100.00000 39,900 39,900
THE CHARLES 2.9% SCHWA MOODYS: A-CALLABL A2 S&P: 12/03/31 AT 100.00000 40,222 40,222
INTEL CORP 4.15% MOODYS: A2 S&P: A CALLABLE 05/05/32 AT 100.00000 43,009 43,009
META PLATFORMS, 3.85% MOODYS: AA-CALLABL A1 S&P: 05/15/32 AT 100.00000 38,977 38,977
GENERAL MILLS, I 4.95% MOODYS: BAA2 S&P: BBB CALLABLE 12/29/32 AT 100.00000 38,435 38,435
AMERICAN EXPRESS VAR MOODYS: A3 S&P: BBB CALLABLE 02/26/32 AT 100.00000 39,719 39,719
B A T CAP CORP 6.421% MOODYS: BAA2 S&P: BBB+ CALLABLE 05/02/33 AT 100.00000 39,806 39,806
GENERAL MOTORS 3.95% F MOODYS: BAA2 S&P: BBB CALLABLE 02/13/24 AT 100.00000 36,756 36,756

TY 2023 InvestmentsCorpStockSchedule
Name:
ADRIAN FAMILY FOUNDATION
EIN:
33-0783199
Name of Stock End of Year Book Value End of Year Fair Market Value
APPLE INC. 1.125%25 92,992 92,992
ABBVIE INC 16,427 16,427
ADOBE INC 9,546 9,546
ADVANCED MICRO DEVICE IN 8,255 8,255
AGILENT TECHNOLOGIES 5,561 5,561
AKAMAI TECHNOLOGIES INC 4,379 4,379
AKZO NOBEL N V F UNSPONSORED ADR 0.333333333333 ORD SHS 5,936 5,936
ALBEMARLE CORP 3,323 3,323
ALIBABA GROUP HLDG LTD F SPONSORED ADR 1 ADR REPS 8 ORD SHS 3,178 3,178
AMADEUS IT GROUP S A F SPONSORED ADR 1 ADR REPS 1 ORD SHS 2,667 2,667
AMERICOLD REALTY TRUST 3,572 3,572
ANSYS INC 5,080 5,080
APPLIED MATERIALS 18,152 18,152
ARROW ELECTRONICS 3,668 3,668
ASTRAZENECA PLC F 5,792 5,792
AUTODESK INC 1,948 1,948
AXA SA F 4,053 4,053
BALCHEM CORP 2,826 2,826
BANCO BILBAO VIZCAYA A F 5,320 5,320
BARCLAYS PLC F 6,659 6,659
BARNES GROUP INC 1,860 1,860
BAYER AG F 1,643 1,643
BIO-RAD LABS INC 2,906 2,906
BLACKBAUD INC 2,774 2,774
BP PLC F 6,655 6,655
BRIT AMER TOBACCO F 3,427 3,427
CARREFOUR SA F SPONSORED ADR 1 ADR REPS 0.2 ORD SHS 3,107 3,107
CBRE GROUP INC 4,748 4,748
CHAMPIONX CORP 2,395 2,395
CHEVRON CORP 23,567 23,567
CISCO SYSTEMS INC 19,602 19,602
CITIGROUP INC 5,401 5,401
COMPAGNIE FINANCIERE R F SPONSORED ADR 1 ADR REPS 0.1 ORD SHS 2,232 2,232
COMPASS GROUP PLC F SPONSORED ADR 1 ADR REPS 1 ORD SHS 2,864 2,864
CONOCOPHILLIPS 22,169 22,169
COSTCO WHOLESALE CO 9,241 9,241
COTERRA ENERGY INC 4,849 4,849
CUMMINS INC 3,354 3,354
D R HORTON CO 5,471 5,471
DANAHER CORP 9,022 9,022
DANONE F 5,581 5,581
DARDEN RESTAURANTS 4,272 4,272
DASSAULT SYSTEM S A F SPONSORED ADR 1 ADR REPS 1 ORD SHS 7,647 7,647
DBS GROUP HOLDINGS LIM F SPONSORED ADR 1 ADR REPS 4 ORD SHS 8,202 8,202
DENTSPLY SIRONA INC 3,096 3,096
DEUTSCHE TELEKOM AG F SPONSORED ADR 1 ADR REPS 1 ORD SHS 6,443 6,443
DEXCOM INC 1,985 1,985
DIAGEO PLC F SPONSORED ADR 1 ADR REPS 4 ORD SHS 4,515 4,515
DINO POLSKA S A F UNSPONSORED ADR 1 ADR REPS 0.5 ORD SHS 5,528 5,528
DIODES INC 2,174 2,174
DOORDASH INC 1,483 1,483
DORMAN PRODUCTS INC 2,502 2,502
DOVER CORP 4,153 4,153
DOW INC 12,504 12,504
EASTMAN CHEMICAL CO 10,778 10,778
EDWARDS LIFESCIENCES 2,211 2,211
ELETROBRAS F SPONSORED ADR 1 ADR REPS 1 ORD SHS 1,885 1,885
EMERSON ELECTRIC CO 7,397 7,397
ENEL-SOCIETA PER AZION F 7,617 7,617
ENERSYS 2,120 2,120
ENN ENERGY HOLDINGS F SPONSORED ADR 1 ADR REPS 4 ORD SHS 1,706 1,706
ENOVIS CORP 2,185 2,185
ENPRO INC 3,762 3,762
ENTEGRIS INC 5,751 5,751
EPIROC AKTIEBOLAG F UNSPONSORED ADR 1 ADR REPS 1 ORD SHS 3,632 3,632
ESTEE LAUDERCO INC 1,901 1,901
EVERGY INC 6,890 6,890
EXLSERVICE HOLDINGS 2,684 2,684
EXXON MOBIL CORP 25,395 25,395
FANUC LTD JAPAN F SPONSORED ADR 1 ADR REPS 0.5 ORD SHS 5,106 5,106
FASTENAL CO 1,166 1,166
FIDELITY NATL FINL 5,663 5,663
FIFTH THIRD BANCORP 11,623 11,623
FISERV INC 4,118 4,118
FOMENTO ECONOMICO MEXI F SPONSORED ADR 1 ADR REPS 10 ORD SHS 8,473 8,473
FORD MOTOR CO 10,447 10,447
FORTINET INC 1,990 1,990
FRANKLIN ELECTRIC CO 3,189 3,189
FREEPORT-MCMORAN INC 766 766
GALAXY ENTMT GP LTD F UNSPONSORED ADR 1 ADR REPS 5 ORD SHS 1,346 1,346
GATX CORP 3,246 3,246
GENERAL DYNAMICS CO 15,840 15,840
GENMAB A/S F SPONSORED ADR 1 ADR REPS 0.1 ORD SHS 2,993 2,993
GILEAD SCIENCES INC 9,883 9,883
GLOBAL PAYMENTS INC 3,810 3,810
GLOBANT SA F 2,380 2,380
GRAB HLDGS LTD F 1,449 1,449
GRAY TELEVISION INC 1,478 1,478
GRUPO FINANCIERO BANOR F SPONSORED ADR 1 ADR REPS 5 ORD SHS 4,117 4,117
GSK PLC ADR F SPONSORED ADR 1 ADR REPS 2 ORD SHS 5,300 5,300
H WORLD GROUP LIMITED F UNSPONSORED ADR 1 ADR REPS 10 ORD SHS 2,508 2,508
HAIER SMART HOME CO LT F 5 UNSPONSORED ADR 1 ADR REPS 4 ORD SHS 6,292 6,292
HALEON PLC F SPONSORED ADR 1 ADR REPS 2 ORD SHS 5,350 5,350
HDFC BANK LIMITED F SPONSORED ADR 1 ADR REPS 3 ORD SHS 13,892 13,892
HELIOS TECHNOLOGIES INC 1,361 1,361
HELMERICH & PAYNE 2,282 2,282
HESS CORP 1,442 1,442
'HEXCEL CORP 3,171 3,171
HILTON WORLDWIDE HLD 2,003 2,003
HOME DEPOT INC 37,427 37,427
HONG KONG EXC & CLR F SPONSORED ADR 1 ADR REPS 1 ORD SHS 1,678 1,678
HOULIHAN LOKEY INC 4,437 4,437
HUNTINGTON BANCSHS 5,317 5,317
I C F INTERNTNL 3,620 3,620
IBERDROLA S A F SPONSORED ADR 1 ADR REPS 4 ORD SHS 2,573 2,573
IBM CORP 9,649 9,649
ICICI BANK LTD F SPONSORED ADR 1 ADR REPS 2 ORD SHS 13,899 13,899
IDACORP INC 2,458 2,458
ILLUMINA INC 1,810 1,810
INFINEON TECH AG F SPONSORED ADR 1 ADR REPS 1 ORD SHS 10,211 10,211
INFOSYS LTD F SPONSORED ADR 1 ADR REPS 1 ORD SHS 2,518 2,518
ING GROEP ADR REP 1 OR F SPONSORED ADR 1 ADR REPS 1 ORD SHS 4,701 4,701
INTEGER HLDGS CORP 4,062 4,062
INTERCONTINENTAL EXC 5,009 5,009
INTUIT INC 6,250 6,250
INTUITIVE SURGICAL 4,386 4,386
INVITATION HOMES INCORPO 2,729 2,729
ITAU UNIBANCO HOLDIN F SPONSORED ADR 1 ADR REPS 1 ORD SHS 2,599 2,599
J B HUNT TRANSPORT 1,198 1,198
JACOBS SOLUTIONS INC 5,452 5,452
JOHNSON & JOHNSON 21,003 21,003
JOHNSON CONTROLS INTER F 7,551 7,551
JPMORGAN CHASE & CO 32,999 32,999
KAISER ALUMINUM CORP 2,136 2,136
KERING S A F SPONSORED ADR 1 ADR REPS 0.1 ORD SHS 4,247 4,247
KEYCORP INC 3,283 3,283
KEYSIGHT TECH INC 4,773 4,773
KFORCE INC 3,040 3,040
KINDER MORGAN INC 11,960 11,960
KINGFISHER PLC F SPONSORED ADR 1 ADR REPS 2 ORD SHS 972 972
KLA CORP 4,650 4,650
KOC HLDG A S F SPONSORED ADR 1 ADR REPS 5 ORD SHS 1,357 1,357
KOMATSU LTD F SPONSORED ADR 1 ADR REPS 1 ORD SHS 3,323 3,323
KONINKLIJKE PHILIPS N F SPONSORED ADR 1 ADR REPS 1 ORD SHS 5,879 5,879
KORN FERRY 2,730 2,730
L OREAL S A F SPONSORED ADR 1 ADR REPS 0.2 ORD SHS 8,251 8,251
LAB CO OF AMER HLDG 4,091 4,091
LAM RESEARCH CORP 5,483 5,483
LEGAL & GENERAL PLC F SPONSORED ADR 1 ADR REPS 5 ORD SHS 2,879 2,879
LGI HOMES INC 2,530 2,530
LILLY ELI & CO 16,905 16,905
LINDE PLC F 11,911 11,911
LIVE NATION ENTRTMNT 1,310 1,310
LOCALIZA RENTAL A CAR F SPONSORED ADR 1 ADR REPS 1 ORD SHS 3,447 3,447
LOCKHEED MARTIN CORP 9,518 9,518
LONZA GROUP AG F SPONSORED ADR 1 ADR REPS 0.1 ORD SHS 1,978 1,978
LULULEMON ATHLETICA 3,579 3,579
LUMENTUM HOLDINGS INC 2,936 2,936
MAKEMYTRIP LIMITED F 3,852 3,852
MANULIFE FINL F 6,542 6,542
MARCUS & MILLICHAP 3,363 3,363
MARRIOTT INTL INC 3,834 3,834
MARVELL TECHNOLOGY INC 1,628 1,628
MASCO CORP 5,492 5,492
MASIMO CORP 15,354 15,354
MASTERCARD INC 1,314 1,314
MCDONALDS CORP 23,128 23,128
MEDTRONIC PLC F 9,638 9,638
MEITUAN F UNSPONSORED ADR 1 ADR REPS 2 ORD SHS 1,576 1,576
MERCADOLIBRE INC 3,143 3,143
MERCANTILE BANK CORP 1,938 1,938
MERCK & CO. INC. 21,695 21,695
META PLATFORMS INC 25,485 25,485
METLIFE INC 16,731 16,731
MICROCHIP TECHNOLOGY 1,713 1,713
MICRON TECHNOLOGY 9,473 9,473
MICROSOFT CORP 107,547 107,547
MODERNA INC 995 995
MOELIS & CO 3,143 3,143
MONARCH CASINO&RESRT 2,489 2,489
MONDELEZ INTL 6,301 6,301
MONSTER BEVERAGE CORPORA 1,210 1,210
MURATA MFG CO LTD F 5,826 5,826
MURPHY OIL CORP HLDG 2,261 2,261
NASPERS LTD F SPONSORED ADR 1 ADR REPS 0.2 ORD SHS 5,607 5,607
NATWEST GROUP PLC F UNSPONSORED ADR 1 ADR REPS 2 ORD SHS 1,548 1,548
NESTLE S A F SPONSORED ADR 1 ADR REPS 1 ORD SHS 3,353 3,353
NETEASE INC F SPONSORED ADR 1 ADR REPS 5 ORD SHS 1,491 1,491
NETFLIX INC 6,329 6,329
NIKE INC 4,994 4,994
NITORI HLDGS CO LTD F UNSPONSORED ADR 1 ADR REPS 0.1 ORD SHS 2,552 2,552
NORTHERN OIL AND GAS 3,188 3,188
NOVARTIS AG F 3,736 3,736
NOVOZYMES AS F SPONSORED ADR 1 ADR REPS 1 ORD SHS 1,977 1,977
NVIDIA CORP 39,122 39,122
NV5 GLOBAL INC 1,667 1,667
OLLIES BARGAIN OUTLET HO 2,732 2,732
OMNICELL INC 1,806 1,806
ONTO INNOVATION INC 3,211 3,211
ORACLE CORP 6,220 6,220
ORIGIN BANCORP INC 1,743 1,743
PACIRA BIOSCIENCES INC 978 978
PACKAGING CORP OF AM 2,769 2,769
PALANTIR TECHNOLOGIES IN 1,236 1,236
PALO ALTO NETWORKS 4,128 4,128
PARKER-HANNIFIN CORP 11,057 11,057
PATRICK INDS INC 3,111 3,111
PAYCHEX INC 1,787 1,787
PAYPAL HOLDINGS INCORPOR 2,395 2,395
PDD HOLDINGS INC F UNSPONSORED ADR 1 ADR REPS 4 ORD SHS 3,365 3,365
PEPSICO INC 12,908 12,908
PERMIAN RESOURCES CORP 2,271 2,271
PFIZER INC 12,696 12,696
PHILIP MORRIS INTL 15,429 15,429
PING AN INS GROUP CO C F SPONSORED ADR 1 ADR REPS 2 ORD SHS 1,308 1,308
PIONEER NATURAL RES 1,349 1,349
PNC FINL SERVICES 8,826 8,826
POWER INTEGRATIONS 2,545 2,545
PRIO S A ADR F UNSPONSORED ADR 1 ADR REPS 1 ORD SHS 6,058 6,058
PROCTER & GAMBLE 25,205 25,205
PROGRESSIVE CO OHIO 4,141 4,141
PRUDENTIAL FINL 17,423 17,423
PRUDENTIAL PLC F SPONSORED ADR 1 ADR REPS 2 ORD SHS 6,196 6,196
PT BANK RAKYAT F SPONSORED ADR 1 ADR REPS 50 ORD SHS 2,290 2,290
PUB SVC ENTERPISE GP 8,500 8,500
QUALCOMM INC 12,583 12,583
QUANTA SERVICES INC 1,511 1,511
RAYMOND JAMES FINL 4,683 4,683
RECKITT BENCKISER GROU F SPONSORED ADR 1 ADR REPS 0.2 ORD SHS 7,090 7,090
REINSURANCE GP AMER 4,853 4,853
RELX PLC F SPONSORED ADR 1 ADR REPS 1 ORD SHS 4,601 4,601
RENAISSANCERE HLDGS F 3,920 3,920
REPUBLIC SERVICES 5,607 5,607
RIO TINTO PLC F SPONSORED ADR 1 ADR REPS 1 ORD SHS 6,478 6,478
ROCHE HLDG AG F SPONSORED ADR 1 ADR RE 0.125 ORD SHS 12,282 12,282
ROLLS-ROYCE HOLDINGS P F SPONSORED ADR 1 ADR REPS 1 ORD SHS 13,661 13,661
ROSS STORES INC 1,661 1,661
RWE AG ORD F 3,873 3,873
RYANAIR HLDGS PLC F 3,334 3,334
S B A COMMUNICATIONS 5,581 5,581
S&P GLOBAL INC 5,727 5,727
SALESFORCE INC 8,420 8,420
SANDVIK AB F SPONSORED ADR 1 ADR REPS 1 ORD SHS 412 412
SANOFI S A F 4,177 4,177
SAP SE F 12,367 12,367
SCHLUMBERGER LTD F 1,197 1,197
SCHNEIDER ELECTRIC SA F SPONSORED ADR 1 ADR REPS 0.2 ORD SHS 5,391 5,391
SCOTTS MIRACLE GRO CO 3,379 3,379
SEACOAST BK CORP FLA 2,191 2,191
SEALED AIR CORP 2,702 2,702
SELECTIVE INS GROUP 3,979 3,979
SENDAS DISTRIBUIDORA S F SPONSORED ADR 1 ADR REPS 5 ORD SHS 2,239 2,239
SENSATA TECH F 3,381 3,381
SERVICE NOW INC 4,945 4,945
SEVEN & I HLDG CO F SPONSORED ADR 1 ADR REPS 0.5 ORD SHS 2,976 2,976
SHELL PLC F SPONSORED ADR 1 ADR REPS 2 ORD SHS 11,252 11,252
SHERWIN WILLIAMS CO 1,871 1,871
SHIMANO INC 00500 F SPONSORED ADR 1 ADR REPS 0.1 ORD SHS 1,958 1,958
SHIONOGI & CO LTD F SPONSORED ADR 1 ADR REP 0.25 ORD SHS 2,849 2,849
SHISEIDO LTD F SPONSORED ADR 1 ADR REPS 1 ORD SHS 1,592 1,592
SIMULATIONS PLUS INC 1,253 1,253
SKYWORKS SOLUTIONS 3,935 3,935
SM ENERGY CO 3,369 3,369
SNOWFLAKE INC 1,791 1,791
SNAP ON INC 3,466 3,466
SONOVA HOLDING A G F SPONSORED ADR 1 ADR REPS 0.2 ORD SHS 2,809 2,809
SONY GROUP CORP F SPONSORED ADR 1 ADR REPS 1 ORD SHS 5,871 5,871
SOUTHERN CO 14,795 14,795
SOUTHSTATE CORP 3,294 3,294
SPIRIT AEROSYSTEMS 3,496 3,496
SPS COMM INC 2,326 2,326
STARBUCKS CORP 4,512 4,512
STERICYCLE INC 2,428 2,428
STEWART INFORMATION SVCS 2,820 2,820
STIFEL FINL CO 3,803 3,803
STRYKER CORP 3,594 3,594
SUMITOMO MITSUI FINL00 F SPONSORED ADR 1 ADR REPS 0.2 ORD SHS 1,878 1,878
SUPERNUS PHARMA 1,534 1,534
SYMRISE AG F SPONSORED ADR 1 ADR REP 0.25 ORD SHS 3,384 3,384
SYNOPSYS INC 8,239 8,239
SYSCO CORP 3,291 3,291
SYSMEX CORP 0050 F SPONSORED ADR 1 ADR REPS 0.5 ORD SHS 2,110 2,110
T-MOBILE US INC 3,688 3,688
TAIWAN SEMICONDUCTR F 29,536 29,536
TAKE TWO INTERACTV 1,770 1,770
TAKEDA PHARMA CO F 3,568 3,568
TELEKOMINIK INDONESIA F 4,611 4,611
TENCENT HOLDINGS F UNSPONSORED ADR 1 ADR REPS 1 ORD SHS 10,543 10,543
TESLA INC 22,612 22,612
TEXAS INSTRUMENTS 6,818 6,818
THE COCA-COLA CO 13,024 13,024
THE TRADE DESK INC 1,223 1,223
THERMO FISHER SCNTFC 5,839 5,839
TJX COMPANIES INC 8,161 8,161
TRACTOR SUPPLY COMP 1,290 1,290
U M B FINL CORP 2,005 2,005
U S BANCORP 12,638 12,638
UBER TECHNOLOGIES INC 3,386 3,386
UBS GROUP AG F 1,329 1,329
ULTA BEAUTY INC. 3,920 3,920
UNICHARM CORP F SPONSORED ADR 1 ADR REPS 0.2 ORD SHS 3,172 3,172
UNICREDIT SPA F 6,047 6,047
UNILEVER PLC F 2,182 2,182
UNITED PARCEL SRVC 5,818 5,818
UTD OVERSEAS BK F SPONSORED ADR 1 ADR REPS 2 ORD SHS 2,164 2,164
VALEO SE F SPONSORED ADR 1 ADR REPS 0.5 ORD SHS 1,231 1,231
VEEVA SYSTEMS INC 1,733 1,733
VERISK ANALYTICS INC 3,105 3,105
VERIZON COMMUNICATN 15,231 15,231
VERTEX PHARMACEUTICA 4,476 4,476
VESTA REAL ESTATE CO A F UNSPONSORED ADR 1 ADR REPS 10 ORD SHS 3,922 3,922
VIAVI SOLUTIONS INC 1,742 1,742
VINCI S A F 3,059 3,059
VISA INC 13,799 13,799
W E C ENERGY GROUP INC 3,198 3,198
WAL-MART DE MEXICO S A F SPONSORED ADR 1 ADR REPS 10 ORD SHS 2,702 2,702
WALMART INC 23,963 23,963
WALT DISNEY CO 6,049 6,049
WASTE CONNECTIONSINC F 1,642 1,642
WEST PHARM SRVC INC 2,465 2,465
WOODWARD INC 3,812 3,812
WORKDAY INC 1,656 1,656
XP INC. F 2,425 2,425
YUM BRANDS INC 1,437 1,437
YUM CHINA HOLDINGS INC 3,437 3,437
ZOETIS INC 2,961 2,961
ZOOM VIDEO COMMUNICATION 1,079 1,079
A T & T INC 9,816 9,816
ABBOTT LABORATORIES 7,705 7,705
ACCENTURE PLC F 7,369 7,369
ACUSHNET HOLDINGS CORP 2,274 2,274
ADDUS HOMECARE CORP 2,786 2,786
ADVANCED ENERGY IND 2,396 2,396
ADYEN N V F UNSPONSORED ADR 1 ADR REP 0.01 ORD SHS 3,375 3,375
AENA S M E S A F UNSPONSORED ADR 1 ADR REPS 0.1 ORD SHS 4,109 4,109
AIA GROUP LTD F SPONSORED ADR 1 ADR REPS 4 ORD SHS 9,292 9,292
AIR LEASE CORP 4,068 4,068
AIR LIQUIDE F SPONSORED ADR 1 ADR REPS 0.2 ORD SHS 6,349 6,349
AIRBNB INC 1,361 1,361
ALCON INC F 3,906 3,906
ALFA LAVAL F SPONSORED ADR 1 ADR REPS 1 ORD SHS 3,678 3,678
ALIGN TECHNOLOGY INC 1,918 1,918
ALLIANZ SE F UNSPONSORED ADR 1 ADR REPS 0.1 ORD SHS 13,959 13,959
ALPHABET INC. 28,497 28,497
ALPHABET INC. 20,153 20,153
ALSTOM SA F SPONSORED ADR 1 ADR REPS 0.1 ORD SHS 4,122 4,122
ALTRIA GROUP INC 7,382 7,382
AMAZON.COM INC 49,229 49,229
AMBARELLA INC F 1,655 1,655
AMBEV S A F SPONSORED ADR 1 ADR REPS 1 ORD SHS 2,663 2,663
AMERICAN WOODMARK CORP 1,950 1,950
AMN HEALTHCARE SRVCS 2,022 2,022
AMPHENOL CORP 3,866 3,866
ANHEUSER BUSCH INBEV S F SPONSORED ADR 1 ADR REPS 1 ORD SHS 4,717 4,717
AON PLC 1,455 1,455
APOLLO GLOBAL MGMT INC N 1,677 1,677
APTIV PLC F 1,346 1,346
ARISTA NETWORKS INC 1,884 1,884
ARTHUR J GALLAGHER&C 22,488 22,488
ASML HOLDING N V F SPONSORED ADR 1 ADR REPS 1 ORD SHS 5,298 5,298
ASMPT LTD F UNSPONSORED ADR 1 ADR REPS 3 ORD SHS 1,513 1,513
ASSA ABLOY AB F SPONSORED ADR 1 ADR REPS 0.5 ORD SHS 4,400 4,400
ATLANTIC UNION BANKSHARE 2,996 2,996
ATLAS COPCO AB F SPONSORED ADR 1 ADR REPS 1 ORD SHS 4,733 4,733
ATLASSIAN CORP 2,141 2,141
AUTO DATA PROCESSING 3,495 3,495
AVANOS MEDICAL INC 2,310 2,310
BANCO BRADESCO SA F SPONSORED ADR 1 ADR REPS 1 ORD SHS 1,698 1,698
BANK OF AMERICA CORP 9,832 9,832
BANK OF NY MELLON CO 8,953 8,953
BENCHMARK ELECTRONIC 2,239 2,239
BHP GROUP LTD F SPONSORED ADR 1 ADR REPS 2 ORD SHS 6,899 6,899
BIONTECH SE F UNSPONSORED ADR 1 ADR REPS 1 ORD SHS 3,061 3,061
BLACKROCK INC 21,107 21,107
BLACKSTONE INC 3,535 3,535
BLOCK INC 2,707 2,707
BNP PARIBAS F SPONSORED ADR 1 ADR REPS 0.5 ORD SHS 1,737 1,737
BOEING CO 5,213 5,213
BOOT BARN HOLDINGS 2,226 2,226
BOSTON SCIENTIFIC CO 4,451 4,451
BROADCOM INC 16,744 16,744
BROADRIDGE FINL SOLU 4,115 4,115
BROWN & BROWN INC 1,849 1,849
BRP GROUP INC 1,465 1,465
BUDWEISER BREWING CO A F UNSPONSORED ADR 1 ADR REPS 4 ORD SHS 1,693 1,693
C N X RESOURCES CORPORAT 2,380 2,380
C S W INDUSTRIALS INC 2,904 2,904
C T S CORP 1,793 1,793
CADENCE DESIGN SYS 1,634 1,634
CANADIAN NATL RAILWY F 2,764 2,764
CANADIAN PACIFIC KANSA F 3,400 3,400
CASS INFORMATION SYS 1,982 1,982
CATALENT INC 3,190 3,190
CATERPILLAR INC 22,471 22,471
CENCORA INC 4,108 4,108
CHENIERE ENERGY INC 1,366 1,366
CHESAPEAKE UTIL CORP 1,690 1,690
CHINA MERCHANTS BK F SPONSORED ADR 1 ADR REPS 5 ORD SHS 1,720 1,720
CHUGAI PHARMACEUTICALS F SPONSORED ADR 1 ADR REPS 0.5 ORD SHS 8,068 8,068
CHURCH & DWIGHT CO INC I 1,229 1,229
CITIZENS FINL GROUP INC 4,143 4,143
CLOUDFLARE INC 1,332 1,332
COCA COLA CONSOLIDATED I 3,714 3,714
COLGATE-PALMOLIVE CO 1,674 1,674
COMCAST CORP 11,401 11,401
COMFORT SYSTEMS USA 2,674 2,674
COPART INC 3,332 3,332
COSTAR GROUP INC 1,835 1,835
COUPANG INC 2,105 2,105
CREDICORP LTD F 4,198 4,198
CRODA INTL PLC LTD F UNSPONSORED ADR 1 ADR REPS 0.5 ORD SHS 998 998
CROWDSTRIKE HLDGS INC 2,298 2,298
CSX CORP 16,572 16,572
DAIFUKU CO LTD F UNSPONSORED ADR 1 ADR REPS 0.5 ORD SHS 2,290 2,290

TY 2023 InvestmentsOtherSchedule2
Name:
ADRIAN FAMILY FOUNDATION
EIN:
33-0783199
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GUGGENHEIM MACRO OPPORTU FMV 87,884 87,884
VANGUARD EMERGING MARKET S BOND ADMIRAL FMV 87,855 87,855
VIRTUS WESTCHESTER EVENT , DRIVEN I FMV 111,067 111,067
AGREE REALTY CORP , REIT FMV 1,322 1,322
AMERN TOWER CORP , REIT FMV 4,749 4,749
BOSTON PROPERTIES FMV 2,877 2,877
CROWN CASTLE INC , REIT FMV 6,681 6,681
GAMING & LEISURE PPT REIT FMV 4,886 4,886
HEALTHPEAK PPTYS INC , REIT FMV 5,128 5,128
LAMAR ADVERTISING CO0050 , REIT FMV 9,246 9,246
PROLOGIS INC. , REIT FMV 13,730 13,730
PUBLIC STORAGE , REIT FMV 1,830 1,830
SUNSTONE HOTEL INVTS , REIT FMV 1,996 1,996
W.P. CAREY INC. , REIT FMV 6,222 6,222

TY 2023 OtherDecreasesSchedule
Name:
ADRIAN FAMILY FOUNDATION
EIN:
33-0783199
Description Amount
UNREALIZED GAIN/LOSS 127,936


TY 2023 OtherExpensesSchedule
Name:
ADRIAN FAMILY FOUNDATION
EIN:
33-0783199
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSES 3,211 0   3,211
BANK FEES 620 0   620
INSURANCE 3,734 0   3,734
PAYROLL PROCESSING FEES 543 0   543
MEMBERSHIP & DUES 95 0   95
INVESTMENT FEES 1,486 0   1,486


TY 2023 OtherLiabilitiesSchedule
Name:
ADRIAN FAMILY FOUNDATION
EIN:
33-0783199
Description Beginning of Year - Book Value End of Year - Book Value
CREDIT CARDS PAYABLE 10,000 672


TY 2023 OtherProfessionalFeesSchedule
Name:
ADRIAN FAMILY FOUNDATION
EIN:
33-0783199
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVISOR FEES 32,001 32,001   0


TY 2023 TaxesSchedule
Name:
ADRIAN FAMILY FOUNDATION
EIN:
33-0783199
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FILING FEES 75 0   75
FOREIGN TAXES 4,397 4,397   0
PAYROLL TAXES 3,435 0   3,435