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
ACESO FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)642 N MADISON ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BLOOMINGTON, IN47404
A Employer identification number

87-4109956
B Telephone number (see instructions)

(312) 670-7444
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$83,004,501J 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) 300,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 852,396 852,396  
4 Dividends and interest from securities... 1,396,483 1,396,483  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,227,226
b Gross sales price for all assets on line 6a 28,842,789
7 Capital gain net income (from Part IV, line 2)... 1,227,226
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........ 3,776,105 3,476,105  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 137,308 6,865   130,443
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 10,924 546   10,378
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
692 0   692
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
15,000 7,500   7,500
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
107,715 107,715   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
83,546 83,546   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 1,425 71   1,354
21 Travel, conferences, and meetings....... 13,064 653   12,411
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
167,461 156,664   10,797
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 537,135 363,560   173,575
25 Contributions, gifts, grants paid....... 3,397,162 3,397,162
26 Total expenses and disbursements. Add lines 24 and 25 3,934,297 363,560   3,570,737
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -158,192
b Net investment income (if negative, enter -0-) 3,112,545
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......... 19,591,845 13,520,655 13,520,655
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 40,123,300 Click to see attachment
List of Attached Documents:
// Content
41,535,274 		48,921,835
c Investments—corporate bonds (attach schedule)....... 14,952,579 Click to see attachment
List of Attached Documents:
// Content
18,162,827 		18,500,630
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).......... 755,887 Click to see attachment
List of Attached Documents:
// Content
2,068,569 		2,061,381
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) 75,423,611 75,287,325 83,004,501
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 75,423,611 75,287,325
29 Total net assets or fund balances (see instructions)..... 75,423,611 75,287,325
30 Total liabilities and net assets/fund balances (see instructions). 75,423,611 75,287,325
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
75,423,611
2
Enter amount from Part I, line 27a .....................
2
-158,192
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
21,906
4
Add lines 1, 2, and 3 ..........................
4
75,287,325
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
75,287,325
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 INVESTMENTS      
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 28,839,578   27,615,563 1,224,015
b 3,211     3,211
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       1,224,015
b       3,211
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 1,227,226
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 43,264
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 43,264
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 43,264
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 90,643
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 90,643
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 47,379
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow47,379 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 arrowIN
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
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 arrowVERA FLOCKE Telephone no.right arrow (312) 670-7444

Located atright arrow642 N MADISON STBLOOMINGTONIN ZIP+4right arrow47404
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
MARK VELDMAN PRESIDENT & TREASURER
1.00 		0 0 0
642 N MADISON ST
BLOOMINGTON,IN47404
NICOLE SCHONEMANN VICE PRESIDENT
3.00 		0 0 0
642 N MADISON ST
BLOOMINGTON,IN47404
VERA FLOCKE SECRETARY & EXECUTIVE DIRECTOR
40.00 		137,308 0 0
642 N MADISON ST
BLOOMINGTON,IN47404
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
GOLDMAN SACHS INVESTMENT MANAGEMENT 107,715
71 S WACKER DR STE 500
CHICAGO,IL60606
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
61,074,244
b
Average of monthly cash balances.......................
1b
17,678,029
c
Fair market value of all other assets (see instructions)................
1c
878,448
d
Total (add lines 1a, b, and c).........................
1d
79,630,721
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
79,630,721
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,194,461
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
78,436,260
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,921,813
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
3,921,813
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
43,264
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
43,264
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,878,549
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,878,549
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
3,878,549
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
3,570,737
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
3,570,737
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 3,878,549
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 3,164,598
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 3,570,737
a Applied to 2022, but not more than line 2a 3,164,598
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..... 406,139
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		3,472,410
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
MARK VELDMAN
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

ALL FARMERS

PO BOX 3338
SPRINGFIELD,MA01101 		  PC CHARITABLE 148,000

ANIMAL CHARITY EVALUATORS

440 N BARRANCA AVE 3480
COVINA,CA91723 		  PC CHARITABLE 100,000

ANIMAL EQUALITY

8581 SANTA MONICA BLVD STE 350
LOS ANGELES,CA90069 		  PC CHARITABLE 92,000

ANIMAL OUTLOOK

PO BOX 9773
WASHINGTON,DC97731 		  PC CHARITABLE 125,000

CITY BLOSSOMS

516 KENNEDY ST NW
WASHINGTON,DC20011 		  PC CHARITABLE 70,000

COMMON GOOD CITY FARM

300 V ST NW
WASHINGTON,DC20001 		  PC CHARITABLE 76,000

COMPASSION IN WORLD FARMING USA

211 E 43RD ST 7TH FLOOR
NEW YORK,NY10017 		  PC CHARITABLE 100,000

FACTORY FARMING AWARENESS COALITION

1110 N VIRGIL AVE 98280
LOS ANGELES,CA90029 		  PC CHARITABLE 100,000

FARM ALLIANCE OF BALTIMORE INC

2801 SISSON ST
BALTIMORE,MD21211 		  PC CHARITABLE 60,000

FARM2PEOPLE

1928 HOLLYVISTA AVE
LOS ANGELES,CA90027 		  PC CHARITABLE 50,000

FILBERT STREET GARDEN

1321 FILBERT ST
BALTIMORE,MD21226 		  PC CHARITABLE 10,000

FOOD & WATER WATCH

940 E SANTA CLARA ST STE 202
VENTURA,CA93001 		  PC CHARITABLE 85,000

GLOBAL GROWERS NETWORK

500 S COLUMBIA DR
DECATUR,GA30030 		  PC CHARITABLE 100,000

GOLDMAN SACHS PHILANTHROPY FUND

200 WEST STREET
NEW YORK,NY10282 		  PC CHARITABLE 400,000

HUMANE AMERICA ANIMAL FOUNDATION

310 N INDIAN HILL BLVD 800
CLAREMONT,CA91711 		  PC CHARITABLE 10,000

INTERNATIONAL DOCUMENTARY FOUNDATION

8489 W THIRD ST
LOS ANGELES,CA90048 		  PC CHARITABLE 155,000

KARUNA FOUNDATION

3514 N VANCOUVER AVE 320
PORTLAND,OR97227 		  PC CHARITABLE 60,000

MILL CITY GROWING

650 SUFFOLK STE G10
LOWELL,MA01854 		  PC CHARITABLE 298,000

NORTHEAST WILDERNESS TRUST

17 STATE ST STE 302
MONTPELIER,VT05602 		  PC CHARITABLE 100,000

PLANT IT FORWARD

4030 WILLOWBEND BLVD
HOUSTON,TX77025 		  PC CHARITABLE 100,000

PROVIDENCE FARM COLLECTIVE

5701 BURTON RD
ORCHARD PARK,NY14127 		  PC CHARITABLE 50,000

REDUCETARIAN FOUNDATION

8023 BEVERLY BLVD STE1 BOX 314
LOS ANGELES,CA90048 		  PC CHARITABLE 100,000

REUNITY RESOURCES

1829 SAN YSIDRO CROSSING
SANTE FE,NM87507 		  PC CHARITABLE 100,000

RIO GRANDE COMMUNITY FARM

1701 MONTANO RD NW
ALBUQUERQUE,NM87107 		  PC CHARITABLE 50,000

SEEDLEAF INC

714 LIMESTONE
LEXINGTON,KY40508 		  PC CHARITABLE 68,150

SENTIENT MEDIA

18 BARTOI ST 1150
SAN FRANCISCO,CA94133 		  PC CHARITABLE 100,000

SOCIALLY RESPONSIBLE AGRICULTURE PROJECT

2093 PHILADELPHIA PIKE 4133
CLAYMONT,DE19703 		  PC CHARITABLE 126,012

SOUL FOOD PROJECT

2436 SHELDON ST
INDIANAPOLIS,IN46218 		  PC CHARITABLE 66,000

THE CENTER FOR INVESTIGATIVE REPORTING

PO BOX 8307
EMERYVILLE,CA94662 		  PC CHARITABLE 25,000

THE HUMANE LEAGUE

PO BOX 10476
ROCKVILLE,MD20849 		  PC CHARITABLE 325,000

URBAN TREE CONNECTION

1445 N 52ND ST
PHILADELPHIA,PA19131 		  PC CHARITABLE 80,000

VICTORY GARDEN INITIATIVE

249 E CONCORDIA AVE
MILWAUKEE,WI53212 		  PC CHARITABLE 68,000
Total .................................right arrow 3a 3,397,162
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 ........... 		    14 852,396  
4 Dividends and interest from securities ....     14 1,396,483  
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 1,227,226  
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 3,476,105 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,476,105
(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
ACESO FOUNDATION INC
 
Employer identification number

87-4109956
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
ACESO FOUNDATION INC
  		Employer identification number
87-4109956
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
MARK VELDMAN
642 N MADISON ST
 
BLOOMINGTON, IN47404

$ 300,000


(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
ACESO FOUNDATION INC
  		Employer identification number

87-4109956
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
ACESO FOUNDATION INC
  		Employer identification number

87-4109956
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
ACESO FOUNDATION INC
EIN:
87-4109956
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 15,000 7,500   7,500

TY 2023 InvestmentsCorpBondsSchedule
Name:
ACESO FOUNDATION INC
EIN:
87-4109956
Name of Bond End of Year Book Value End of Year Fair Market Value
COMMONWEALTH BANK OF AUSTRALIA-NEW YORK BRANCH 5.316% 03/13/2026 USD SR LIEN 316,991 324,637
NATIONAL AUSTRALIA BANK LTD-NEW YORK BRANCH 3.905% 06/09/2027 USD SR LIEN 317,675 323,901
BANK OF NY MELLON CORP HYBRID 02/01/2029 USD SR LIEN CPN 01/31/23 4.543% 271,442 291,271
NORTHERN TRUST CORP 3.65% 08/03/2028 USD SR LIEN 279,599 289,416
BANK OF MONTREAL MTN 1.25% 09/15/2026 USD SR LIEN 281,705 287,018
UNITEDHEALTH GROUP INC 3.45% 01/15/2027 USD SR LIEN 278,485 286,887
JOHN DEERE CAPITAL CORP MTN 1.7% 01/11/2027 USD SR LIEN 280,561 286,706
CISCO SYSTEMS INC 2.5% 09/20/2026 USD SR LIEN 280,601 285,003
PFIZER INC. 3.0% 12/15/2026 USD SR LIEN 278,624 282,615
BANK OF AMERICA CORPORATION HYBRID MTN 02/07/2030 USD SER N SR LIEN CPN 02/0 255,107 262,682
MASTERCARD INCORPORATED 2.95% 11/21/2026 USD SR LIEN 239,640 243,682
BPCE MTN 3.375% 12/02/2026 USD SR LIEN 231,321 241,553
PUBLIC STORAGE 1.85% 05/01/2028 USD SR LIEN 216,230 222,382
STATE STREET CORP HYBRID 11/21/2029 SR LIEN CPN 11/21/23 5.684% 211,915 218,137
S&P GLOBAL INC 2.45% 03/01/2027 USD SER WI SR LIEN 211,536 214,449
WESTPAC BANKING CORP 3.35% 03/08/2027 USD SR LIEN 209,107 212,541
PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED 5.875% 10/15/2028 SR LIEN 201,315 209,228
WASTE MANAGEMENT, INC. 4.875% 02/15/2029 SR LIEN 193,275 208,620
ERP OPERATING LIMITED PARTNERSHIP 3.5% 03/01/2028 USD SR LIEN 199,947 205,884
MORGAN STANLEY HYBRID MTN 07/22/2028 USD SR LIEN CPN 07/24/17 3.591% 192,835 205,716
BP CAP MARKETS AMERICA 3.588% 04/14/2027 USD SER * SR LIEN 201,668 205,156
PRUDENTIAL FINANCIAL INC MTN 1.5% 03/10/2026 USD SR LIEN 201,340 204,096
UNION PACIFIC CORP 2.75% 03/01/2026 USD SR LIEN 200,179 203,989
ENTERPRISE PRODUCTS OPER 4.15% 10/16/2028 USD SR LIEN 191,006 203,710
ING GROEP N.V. HYBRID 04/01/2027 USD SER VAR SR LIEN CPN 04/01/21 1.726% 199,875 200,631
EMERA US FINANCE LP 3.55% 06/15/2026 USD SER WI SR LIEN 199,184 198,648
AMERICAN EXPRESS COMPANY HYBRID 07/27/2029 SR LIEN CPN 07/28/23 5.282% 180,292 190,828
BANCO SANTANDER, S.A. HYBRID 09/14/2027 USD SR LIEN CPN 09/14/21 1.722% 187,886 181,735
CBOE HOLDINGS INC 3.65% 01/12/2027 USD SR LIEN 177,485 180,464
VALERO ENERGY CORP 4.35% 06/01/2028 USD SR LIEN 169,593 173,903
SHIRE ACQUISITIONS INVESTMENTS IRELAND DAC 3.2% 09/23/2026 USD SR LIEN 167,981 171,770
AMPHENOL CORP 2.8% 02/15/2030 USD SR LIEN 160,263 169,672
EBAY INC 2.7% 03/11/2030 USD SR LIEN 160,152 167,169
RELX CAPITAL INC 3.0% 05/22/2030 USD SR LIEN 152,914 165,907
MID-AMERICA APARTMENTS L 3.6% 06/01/2027 USD SR LIEN 162,875 165,641
EVERSOURCE ENERGY 2.9% 03/01/2027 USD SR LIEN 159,575 164,206
AMGEN INC. 5.15% 03/02/2028 USD SR LIEN 154,521 163,959
DOW CHEMICAL COMPANY (THE) 4.8% 11/30/2028 USD SER WI SR LIEN 161,650 162,960
CHEVRON USA INC 3.85% 01/15/2028 USD SR LIEN 160,265 162,460
GILEAD SCIENCES INC. 3.65% 03/01/2026 USD SER SR LIEN 158,943 162,372
LOWE'S COMPANIES INC 3.375% 09/15/2025 USD SR LIEN 159,699 162,306
CSX CORPORATION 3.25% 06/01/2027 USD SR LIEN 158,505 162,187
NATIONAL GRID PLC 5.602% 06/12/2028 SR LIEN 157,529 161,163
CITIZENS FINANCIAL GROUP 2.85% 07/27/2026 USD SR LIEN 164,354 161,161
REPUBLIC SERVICES INC 3.375% 11/15/2027 USD SR LIEN 153,985 161,142
BOSTON SCIENTIFIC CORP 1.9% 06/01/2025 USD SR LIEN 159,942 160,898
NORFOLK SOUTHERN CORP 5.05% 08/01/2030 SR LIEN 146,549 160,801
CANADIAN IMPERIAL BANK OF COMMERCE 5.986% 10/03/2028 SR LIEN 140,344 150,553
WELLS FARGO & COMPANY HYBRID MTN 04/25/2026 USD SR LIEN CPN 04/25/22 3.908% 148,059 147,978
AERCAP IRELAND CAPITAL DESIGNATED ACTIVITY COMPANY 3.65% 07/21/2027 USD SR L 140,605 146,742
HONDA MOTOR CO., LTD. 2.271% 03/10/2025 USD SR LIEN 147,141 146,353
NXP BV/NXP FUNDING LLC 5.55% 12/01/2028 USD SR LIEN 143,628 145,476
SANTANDER UK PLC 4.0% 03/13/2024 SR LIEN 144,564 145,169
TORONTO-DOMINION BANK (THE) MTN 1.2% 06/03/2026 USD SR LIEN 141,388 143,300
TORONTO-DOMINION BANK (THE) MTN 3.25% 03/11/2024 SR LIEN 140,189 140,724
XCEL ENERGY INC 3.4% 06/01/2030 USD SR LIEN 129,318 133,769
O'REILLY AUTOMOTIVE INC 5.75% 11/20/2026 SR LIEN 128,721 130,783
HP INC. 2.2% 06/17/2025 USD SR LIEN 128,722 129,326
INTERNATIONAL BUSINESS MACHINES CORPORATION 3.5% 05/15/2029 USD SR LIEN 126,625 128,336
NETFLIX, INC. 5.875% 11/15/2028 USD SR LIEN 127,600 128,047
KLA-TENCOR CORP 4.1% 03/15/2029 USD SR LIEN 124,538 127,978
MCDONALD'S CORPORATION MTN 3.5% 03/01/2027 USD SR LIEN 126,099 126,983
INGERSOLL-RAND LUXEMBOURG FINANCE S.A. 3.8% 03/21/2029 USD SR LIEN 117,959 126,281
THE WILLIAMS COMPANIES, INC. 4.0% 09/15/2025 USD SR LIEN 125,599 126,038
CNA FINANCIAL CORPORATION 3.95% 05/15/2024 SR LIEN 125,797 125,675
THERMO FISHER SCIENTIFIC 5.0% 01/31/2029 SR LIEN 124,655 125,432
TELEDYNE TECHNOLOGIES IN 2.25% 04/01/2028 USD SR LIEN 118,017 124,670
REALTY INCOME CORPORATION 4.85% 03/15/2030 USD SR LIEN 113,708 124,340
XYLEM INC 1.95% 01/30/2028 USD SR LIEN 120,128 123,989
JOHNSON CONTROLS INTERNATIONAL PUBLIC LIMITED COMPANY 1.75% 09/15/2030 USD S 119,257 123,858
KRAFT HEINZ FOODS COMPANY 3.875% 05/15/2027 USD SER WI SR LIEN 120,441 123,172
INTERCONTINENTALEXCHANGE 3.75% 09/21/2028 USD SR LIEN 118,442 122,534
GENERAL MILLS, INC. 3.2% 02/10/2027 USD SR LIEN 119,221 122,090
ZOETIS INC 4.5% 11/13/2025 USD SR LIEN 120,067 121,911
SHERWIN-WILLIAMS CO 3.45% 06/01/2027 USD SR LIEN 118,656 120,935
L3HARRIS TECHNOLOGIES, INC. 4.4% 06/15/2028 USD SER WI SR LIEN 118,204 120,585
BECTON DICKINSON AND CO 3.7% 06/06/2027 USD SR LIEN 118,307 120,464
CARDINAL HEALTH, INC. 3.41% 06/15/2027 USD SR LIEN 118,393 119,972
STRYKER CORPORATION 3.375% 05/15/2024 SR LIEN 120,359 119,487
DOMINION ENERGY INC 3.375% 04/01/2030 USD SER C SR LIEN 111,302 115,331
OTIS WORLDWIDE CORPORATION 2.293% 04/05/2027 USD SER WI SR LIEN 111,457 112,505
DR PEPPER SNAPPLE GROUP, INC. 3.4% 11/15/2025 USD SR LIEN 110,033 111,179
AON PLC 3.5% 06/14/2024 USD SR LIEN 111,357 110,040
OMNICOM GROUP INC. 3.6% 04/15/2026 USD SR LIEN 108,964 108,726
INVESCO FINANCE PLC 4.0% 01/30/2024 SR LIEN 107,074 108,623
WALT DISNEY COMPANY (THE) 2.0% 09/01/2029 USD SR LIEN 104,338 108,132
TRACTOR SUPPLY COMPANY 1.75% 11/01/2030 USD SR LIEN 102,783 106,141
MAGELLAN MIDSTREAM PARTNERS, L.P. 3.25% 06/01/2030 USD SR LIEN 99,560 102,665
CARRIER GLOBAL CORPORATION 2.722% 02/15/2030 USD SER WI SR LIEN 89,641 95,130
PHILLIPS 66 1.3% 02/15/2026 USD SR LIEN 91,893 93,335
CANADIAN PACIFIC RAILWAY 2.05% 03/05/2030 USD SR LIEN 90,830 91,561
US BANCORP HYBRID 02/01/2029 USD SR LIEN CPN 02/01/23 4.653% 84,996 87,290
MCCORMICK & CO 2.5% 04/15/2030 USD SR LIEN 80,369 87,135
CLOROX COMPANY (THE) 1.8% 05/15/2030 USD SR LIEN 81,394 86,982
CIGNA CORPORATION 2.4% 03/15/2030 USD SR LIEN 82,497 85,621
SIMON PROPERTY GROUP INC 1.75% 02/01/2028 USD SR LIEN 78,861 84,110
TRANSCANADA PIPELINES 4.1% 04/15/2030 USD SR LIEN 77,242 79,699
COMERICA INC 4.0% 02/01/2029 USD SR LIEN 80,432 78,711
NUTRIEN LTD. 4.9% 03/27/2028 USD SR LIEN 76,020 78,550
PNC FINANCIAL SERVICES 3.9% 04/29/2024 SUB LIEN 73,517 73,042
STATE STREET CORPORATION 2.4% 01/24/2030 USD SR LIEN 65,994 72,523
JPMORGAN CHASE & CO. HYBRID 06/23/2025 USD SER F2F SR LIEN CPN 06/23/21 0.96 70,506 70,310
INTEL CORPORATION 2.45% 11/15/2029 USD SR LIEN 65,796 69,454
CITIGROUP INC. HYBRID 06/09/2027 USD SR LIEN CPN 06/09/21 1.462% 67,841 68,670
BANK OF NOVA SCOTIA 4.85% 02/01/2030 USD SR LIEN 65,803 68,337
BAXTER INTERNATIONAL INC 2.272% 12/01/2028 USD SR LIEN 66,223 67,817
JPMORGAN CHASE & CO. HYBRID 01/29/2027 USD SR LIEN CPN 01/29/19 3.96% 66,099 67,525
GENERAL MOTORS FINANCIAL COMPANY, INC. 5.25% 03/01/2026 USD SR LIEN 66,125 67,167
CAPITAL ONE FINANCIAL CO 3.65% 05/11/2027 USD SR LIEN 69,457 66,144
TRUIST FINANCIAL CORPORATION HYBRID MTN 03/02/2027 USD SR LIEN CPN 03/02/21 56,982 53,302
CAPITAL ONE FINANCIAL CORPORATION 3.75% 07/28/2026 USD SUB LIEN 53,673 50,568
SYNCHRONY FINANCIAL 3.7% 08/04/2026 USD SR LIEN 46,901 44,916
SYNCHRONY FINANCIAL 4.5% 07/23/2025 USD SR LIEN 35,065 33,854
BANK OF AMERICA CORPORATION HYBRID MTN 10/01/2025 USD SR LIEN CPN 09/18/17 3 26,326 25,674
WP CAREY INC 4.6% 04/01/2024 SR LIEN 23,159 23,159
ABBVIE INC. 3.6% 05/14/2025 USD SR LIEN 22,294 21,674
KEURIG DR PEPPER INC. 4.417% 05/25/2025 USD SR LIEN 11,350 10,926
CALVERT HIGH YIELD BOND FUND CLASS I SHARES 1,697,801 1,619,890

TY 2023 InvestmentsCorpStockSchedule
Name:
ACESO FOUNDATION INC
EIN:
87-4109956
Name of Stock End of Year Book Value End of Year Fair Market Value
ISHARES ESG AWARE MSCI USA SMALL-CAP ETF CMN 3,855,446 4,177,172
APPLE INC. CMN 810,573 3,073,934
MICROSOFT CORPORATION CMN 876,071 3,035,395
AMAZON.COM INC CMN 1,304,253 1,500,112
NVIDIA CORPORATION CMN 663,628 1,331,151
ALPHABET INC. CMN CLASS A 795,324 901,559
META PLATFORMS INC-CLASS A CMN CLASS A 733,859 855,521
ALPHABET INC. CMN CLASS C 672,317 773,001
TESLA, INC. CMN 883,796 746,185
JPMORGAN CHASE & CO CMN 419,407 534,284
UNITEDHEALTH GROUP INCORPORATED CMN 422,272 530,155
ELI LILLY & CO CMN 205,807 505,392
VISA INC. CMN CLASS A 362,572 450,666
THE HOME DEPOT, INC. CMN 327,035 381,898
MASTERCARD INCORPORATED CMN CLASS A 313,933 381,726
PROCTER & GAMBLE COMPANY (THE) CMN 357,453 372,358
MERCK & CO., INC. CMN 212,366 300,934
ABBVIE INC CMN 219,299 298,472
ADOBE INC CMN 240,594 295,317
SALESFORCE INC CMN 222,264 277,613
PEPSICO, INC. CMN 239,029 256,486
BANK OF AMERICA CORP CMN 328,641 253,097
COCA-COLA COMPANY (THE) CMN 244,887 247,977
ACCENTURE PLC CMN CLASS A 239,160 244,233
INTEL CORPORATION CMN 196,062 226,879
THERMO FISHER SCIENTIFIC INC CMN 230,262 225,203
CISCO SYSTEMS, INC. CMN 75,614 224,157
LINDE PLC CMN 176,492 218,498
ABBOTT LABORATORIES CMN 192,412 208,252
WELLS FARGO & CO (NEW) CMN 203,836 196,585
WALT DISNEY COMPANY (THE) CMN 268,116 181,361
PFIZER INC. CMN 283,355 177,231
QUALCOMM INC CMN 169,206 174,424
VERIZON COMMUNICATIONS, INC. CMN 227,988 172,289
AMGEN INC. CMN 123,068 167,916
CATERPILLAR INC (DELAWARE) CMN 94,128 167,645
UNION PACIFIC CORP. CMN 140,101 163,583
S&P GLOBAL INC. CMN 138,925 163,433
INTL BUSINESS MACHINES CORP CMN 77,440 163,223
SERVICENOW INC CMN 98,279 155,428
NIKE CLASS-B CMN CLASS B 170,597 144,672
BLACKROCK, INC. CMN 101,933 144,500
MORGAN STANLEY CMN 136,855 143,139
LOWES COMPANIES INC CMN 134,498 142,432
PROLOGIS INC CMN 131,262 136,766
NEXTERA ENERGY, INC. CMN 172,897 134,357
AT&T INC. CMN 149,409 129,609
UNITED PARCEL SERVICE, INC. CLASS B COMMON STOCK 144,059 124,369
MEDTRONIC PUBLIC LIMITED COMPANY CMN 149,764 122,191
DEERE & COMPANY CMN 111,384 120,402
ELEVANCE HEALTH INC CMN 100,259 120,248
CHARLES SCHWAB CORPORATION CMN 142,431 119,368
AMERICAN EXPRESS CO. CMN 105,197 118,024
STARBUCKS CORP. CMN 113,644 117,516
LAM RESEARCH CORPORATION CMN 85,332 117,002
BRISTOL-MYERS SQUIBB COMPANY CMN 138,387 115,448
TJX COMPANIES INC (NEW) CMN 88,063 115,386
CVS HEALTH CORP CMN 139,397 112,202
AMERICAN TOWER CORPORATION CMN 107,751 111,401
GILEAD SCIENCES CMN 92,926 108,796
CITIGROUP INC. CMN 123,111 107,561
AUTOMATIC DATA PROCESSING INC CMN 110,837 107,107
MONDELEZ INTERNATIONAL, INC. CMN 96,823 106,951
EATON CORP PLC CMN 72,709 105,238
MARSH & MCLENNAN CO INC CMN 90,151 103,830
CHUBB LIMITED CMN 89,820 101,860
REGENERON PHARMACEUTICAL INC CMN 73,545 100,125
MICRON TECHNOLOGY, INC. CMN 92,794 98,957
CIGNA GROUP/THE CMN 78,894 96,123
BOSTON SCIENTIFIC CORP. COMMON STOCK 72,346 95,040
T-MOBILE US, INC. CMN 80,938 90,426
KLA CORP CMN 61,277 87,195
CME GROUP INC. CMN CLASS A 74,614 84,829
EQUINIX, INC. REIT 70,042 82,955
ILLINOIS TOOL WORKS CMN 70,428 79,002
BECTON, DICKINSON AND COMPANY CMN 70,597 76,806
CSX CORPORATION CMN 72,449 76,759
MOODY'S CORPORATION CMN 65,970 75,378
U.S. BANCORP CMN 88,932 74,715
PAYPAL HOLDINGS, INC. CMN 124,572 74,306
TARGET CORPORATION CMN 88,098 73,489
WASTE MANAGEMENT INC CMN 61,321 69,491
FREEPORT-MCMORAN INC CMN 67,767 68,836
COLGATE-PALMOLIVE CO CMN 67,342 67,514
PNC FINANCIAL SERVICES GROUP, INC., THE CMN 79,129 66,586
AIR PRODUCTS & CHEMICALS INC CMN 62,645 65,305
CAPITAL ONE FINANCIAL CORP CMN 68,872 64,642
PARKER-HANNIFIN CORP. CMN 44,175 64,037
AON PUBLIC LIMITED COMPANY CMN 63,209 64,024
FEDEX CORPORATION CMN 29,283 63,558
MARRIOTT INTERNATIONAL, INC CMN CLASS A 45,509 62,015
HUMANA INC. CMN 56,170 61,924
EMERSON ELECTRIC CO. CMN 53,841 61,318
TRANE TECHNOLOGIES PUBLIC LIMITED COMPANY CMN 44,872 60,975
NORFOLK SOUTHERN CORP CMN 62,570 58,149
PACCAR INC CMN 36,170 56,980
MSCI INC. CMN 49,923 56,565
TRUIST FINANCIAL CORPORATION CMN 73,864 55,528
AUTODESK, INC. CMN 54,188 55,270
THE BANK OF NY MELLON CORP CMN 58,265 55,121
METLIFE, INC. CMN 50,340 54,425
CARRIER GLOBAL CORPORATION CMN 46,096 54,412
FORD MOTOR COMPANY CMN 90,474 54,014
AMERICAN INTL GROUP, INC. CMN 47,883 52,981
PUBLIC STORAGE CMN 51,203 52,765
SEMPRA ENERGY CMN 44,548 52,200
SIMON PROPERTY GROUP INC CMN 52,865 52,064
WELLTOWER, INC. CMN 48,683 52,028
ECOLAB INC. CMN 52,616 51,520
EDWARDS LIFESCIENCES CORPORATION CMN 73,708 51,164
HILTON WORLDWIDE HOLDINGS INC. CMN 40,127 50,621
NEWMONT CORP CMN 61,110 49,089
TE CONNECTIVITY LTD CMN 47,956 46,646
JOHNSON CONTROLS INTERNATIONAL PUBLIC LIMITED COMPANY CMN 56,139 46,334
THE TRAVELERS COMPANIES, INC CMN 39,980 46,289
AFLAC INCORPORATED CMN 34,800 46,035
PRUDENTIAL FINANCIAL INC CMN 32,063 45,425
DOMINION ENERGY INC CMN 67,682 44,838
DIGITAL REALTY TRUST, INC. CMN 46,830 44,271
UNITED RENTALS, INC. CMN 26,498 44,153
FORTINET, INC. CMN 47,260 43,312
CENTENE CORPORATION CMN 45,591 42,968
DOW INC CMN 39,502 42,720
AGILENT TECHNOLOGIES, INC. CMN 39,152 42,337
PAYCHEX, INC. CMN 40,960 42,046
ARCHER-DANIELS-MIDLAND COMPANY CMN 37,197 41,527
BIOGEN INC. CMN 35,829 40,109
SYSCO CORPORATION CMN 38,578 40,075
ALLSTATE CORPORATION COMMON STOCK 35,016 40,007
CONSTELLATION ENERGY CORP CMN 19,769 39,976
PPG INDUSTRIES, INC. CMN 34,649 39,631
ON SEMICONDUCTOR CORPORATION CMN 33,025 39,593
GENERAL MILLS INC CMN 37,754 39,410
OTIS WORLDWIDE CORPORATION CMN 35,775 39,188
EXELON CORPORATION CMN 43,452 38,916
ROCKWELL AUTOMATION INC CMN 37,141 38,500
FIDELITY NATL INFO SVCS INC CMN 36,490 38,144
W.W. GRAINGER INC CMN 24,652 38,120
VERISK ANALYTICS, INC. CMN 31,551 37,979
CENCORA INC CMN 26,983 37,585
YUM BRANDS, INC. CMN 36,132 37,238
ESTEE LAUDER COS INC CL-A CMN CLASS A 74,837 37,001
REPUBLIC SERVICES INC CMN 21,400 36,563
CORTEVA, INC. CMN 33,958 36,515
T. ROWE PRICE GROUP, INC. CMN 49,923 36,184
EXTRA SPACE STORAGE INC. CMN 35,988 35,914
KEURIG DR PEPPER INC CMN 37,688 35,053
INGERSOLL RAND INC CMN 25,324 34,648
CBRE GROUP, INC. CMN CLASS A 34,096 34,350
ROYAL CARIBBEAN GROUP ISIN: LR0008862868 19,479 32,890
STATE STREET CORPORATION (NEW) CMN 38,640 32,745
PUBLIC-SVC ENTERPRISE GROUP HOLDING CO 33,937 31,920
KROGER COMPANY CMN 33,690 31,723
THE KRAFT HEINZ CO CMN 27,215 30,841
DELTA AIR LINES, INC. CMN 27,851 29,650
KEYSIGHT TECHNOLOGIES, INC. CMN 31,086 29,113
HP INC. CMN 32,833 28,878
THE HERSHEY COMPANY CMN 30,185 27,966
WEYERHAEUSER COMPANY CMN 30,408 27,920
NORTHERN TRUST CORP CMN 36,329 27,910
METTLER-TOLEDO INTL CMN 33,157 27,898
XYLEM INC. CMN 24,556 27,332
APTIV PLC CMN 41,037 27,095
BROADRIDGE FINANCIAL SOLUTIONS IN CMN 23,639 26,645
CARDINAL HEALTH, INC. CMN 14,839 26,338
LYONDELLBASELL INDUSTRIES N.V. CMN CLASS A 26,839 26,337
FIFTH THIRD BANCORP CMN 31,962 25,886
AMERICAN WATER WORKS CO, INC. CMN 29,332 25,870
TRACTOR SUPPLY COMPANY CMN 25,985 24,943
HARTFORD FINANCIAL SRVCS GROUP CMN 21,448 24,821
AVALONBAY COMMUNITIES INC CMN 31,161 24,742
EVERSOURCE ENERGY CMN 33,115 24,626
NASDAQ INC. CMN 26,211 24,593
EBAY INC. CMN 11,008 24,427
ENTERGY CORPORATION CMN 20,675 24,286
HEWLETT PACKARD ENTERPRISE CO CMN 23,153 24,074
ILLUMINA, INC CMN 55,445 23,671
IRON MOUNTAIN INCORPORATED CMN 16,173 23,590
EQUITY RESIDENTIAL CMN 30,302 23,122
M&T BANK CORPORATION CMN 20,245 23,029
PRINCIPAL FINANCIAL GROUP, INC. CMN 16,781 22,657
VENTAS, INC. CMN 22,541 22,278
PULTEGROUP INC. CMN 12,002 22,132
BAXTER INTERNATIONAL INC CMN 36,038 21,578
INTL.FLAVORS & FRAGRANCE CMN 33,732 21,426
FACTSET RESEARCH SYSTEMS INC CMN 18,037 20,990
REGIONS FINANCIAL CORPORATION CMN 10,456 20,385
WALGREENS BOOTS ALLIANCE, INC. CMN 35,504 20,340
CARNIVAL CORPORATION CMN 18,074 20,227
CITIZENS FINANCIAL GROUP, INC. CMN 15,736 19,917
WATERS CORPORATION COMMON STOCK 19,355 19,754
ALBEMARLE CORP CMN 29,910 19,704
ALEXANDRIA REAL ESTATE EQUITIES, INC. 26,234 19,590
BALL CORPORATION CMN 27,734 19,442
AVERY DENNISON CORPORATION CMN 16,444 19,003
SYNCHRONY FINANCIAL CMN 21,344 18,560
SOUTHWEST AIRLINES CO CMN 25,551 18,366
CBOE GLOBAL MARKETS, INC CMN 12,690 18,213
LAS VEGAS SANDS CORP. CMN 14,705 18,208
HOLOGIC INCORPORATED CMN 17,087 17,362
AKAMAI TECHNOLOGIES, INC. CMN 15,152 17,279
HUNTINGTON BANCSHARES INCORPORATED CMN 18,825 17,265
EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. CMN 15,846 17,172
MCCORMICK & CO NON VTG SHRS CMN 20,710 16,797
J B HUNT TRANS SVCS INC CMN 16,653 16,778
TYSON FOODS INC CL-A CMN CLASS A 17,310 16,609
KEYCORP CMN 24,172 16,358
CF INDUSTRIES HOLDINGS, INC. CMN 10,138 16,298
BEST BUY CO INC CMN 16,022 15,840
AMCOR PLC CMN 18,692 15,405
KELLANOVA CMN 16,317 15,375
KIMCO REALTY CORPORATION CMN 16,654 15,322
EVEREST GROUP LTD CMN 13,085 15,204
HOST HOTELS & RESORTS INC CMN 13,440 15,199
PACKAGING CORP OF AMERICA COMMON STOCK 13,982 15,103
ESSEX PROPERTY TRUST INC CMN 18,811 15,015
STANLEY BLACK & DECKER, INC. CMN 21,092 14,519
QUEST DIAGNOSTICS INCORPORATED CMN 9,684 14,340
INTERPUBLIC GROUP COS CMN 9,096 14,296
INVESCO LTD. CMN 9,978 14,290
INTERNATIONAL PAPER CO. CMN 13,152 13,773
MGM RESORTS INTERNATIONAL CMN 11,564 13,225
MOSAIC COMPANY (THE) CMN 15,422 13,184
VIATRIS INC CMN 16,257 12,942
REGENCY CENTERS CORPORATION CMN 12,964 12,790
PENTAIR PLC. CMN 9,129 12,143
MOLSON COORS BEVERAGE CO CMN CLASS B 9,908 11,752
HEALTHPEAK PROPERTIES INC CMN 17,934 11,603
CAESARS ENTERTAINMENT INC CMN 16,368 11,251
ETSY, INC. CMN 19,231 11,023
BOSTON PROPERTIES, INC. COMMON STOCK 15,394 10,673
WESTROCK COMPANY CMN 6,708 10,629
C.H. ROBINSON WORLDWIDE, INC. CMN 12,197 10,266
ROBERT HALF INC CMN 8,170 9,495
TAPESTRY, INC. CMN 10,326 9,129
NORWEGIAN CRUISE LINE HLDG LTD CMN 8,119 8,858
BORGWARNER INC. CMN 5,415 8,568
COMERICA INCORPORATED CMN 10,227 8,421
AMERICAN AIRLINES GROUP INC CMN 10,433 8,381
FMC CORPORATION CMN 14,507 8,336
PARAMOUNT GLOBAL CMN CLASS B 11,051 8,058
HASBRO, INC. CMN 11,789 7,710
NEWS CORPORATION CMN CLASS A 5,336 7,635
RALPH LAUREN CORP CMN CLASS A 5,887 7,392
FEDERAL REALTY INVESTMENT TRUST CMN 9,004 7,186
CAMPBELL SOUP CO CMN 6,505 7,176
MOHAWK INDUSTRIES INC COMMON STOCK 9,231 7,142
VF CORP CMN 19,783 6,730
WHIRLPOOL CORP. CMN 11,093 6,576
ASSURANT, INC. CMN 4,911 5,560
DAVITA INC CMN 5,479 5,552
GLOBE LIFE INC CMN 4,254 5,477
ALASKA AIR GROUP INC(DEL HLDG) CMN 5,705 4,649
NEWS CORPORATION CMN CLASS B 933 1,337
ISHARES INC ISHARES ESG AWARE MSCI EM ETF CMN 1,688,786 1,524,806
ASML HOLDING N.V. ADR CMN 259,325 298,983
NESTLE SA SPONSORED ADR (REP 1/20 CHF 10 REGD SHS) 291,898 280,750
NOVO-NORDISK A/S ADR ADR CMN 182,757 274,246
ASTRAZENECA PLC SPONS ADR SPONSORED ADR CMN 229,417 243,133
TOYOTA MOTOR CORPORATION SPON ADR 171,218 218,406
LVMH MOET HENNESSY LOUIS VUITTON S.A. ADR CMN 232,039 217,683
COMMONWEALTH BANK OF AUSTRALIA SPONSORED ADR CMN 188,773 189,485
ROYAL BANK OF CANADA CMN 189,377 189,315
ROCHE HOLDING AG ADR B SHS(NOM CHF 100) VAL 224.184 193,034 183,505
HSBC HOLDINGS PLC SPONSORED ADR CMN 161,764 182,673
NOVARTIS AG-ADR SPONSORED ADR CMN 139,957 174,678
TORONTO DOMINION BANK CMN 171,002 164,070
UNILEVER PLC (NEW) SPONSORED ADR CMN 157,751 151,985
DIAGEO PLC SPON ADR (NEW) SPONSORED ADR CMN 155,449 129,346
SAP SE (SPON ADR) 99,526 128,619
SIEMENS AKTIENGESELLSCHAFT SPONSORED ADR CMN 96,857 118,235
LOREAL CO (ADR) ADR CMN 98,136 117,900
SONY GROUP CORPORATION SPONSORED ADR CMN 111,145 117,037
RELX PLC SPONSORED ADR CMN 84,751 114,974
SCHNEIDER ELECTRIC SE UNSPONSORED ADR (FRANCE) SCHNEIDER ELECTRIC SE UNSPONS 93,284 114,495
NATIONAL AUSTRALIA BANK LIMITE*D SPONSORED ADR (NEW) 119,399 113,828
SANOFI SPONSORED ADR CMN 101,479 108,809
BANK OF MONTREAL CMN 106,742 106,756
CRH PUBLIC LIMITED COMPANY CMN 71,894 104,395
AIR LIQUIDE SA ADR CMN 83,438 103,451
MITSUBISHI UFJ FINL GROUP, INC*. SPONSORED ADR CMN 82,810 103,113
CANADIAN PACIFIC KANSAS CITY LTD CMN 101,477 103,076
NATIONAL GRID PLC SPONSORED ADR CMN 91,125 100,497
CANADIAN NATIONAL RAILWAY CO. CMN 92,603 98,745
UBS GROUP AG CMN 65,952 96,593
ALLIANZ SE ADR CMN 81,050 91,974
ANZ GROUP HOLDINGS LTD ADR CMN 88,838 91,273
AIA GROUP LIMITED SPONSORED ADR CMN SERIES 114,440 91,251
TOKYO ELECTRON LIMITED UNSPONSORED ADR CMN 59,537 90,528
ATLAS COPCO AB SPONS ADR NEW REPSTG COM SER-A 62,943 90,043
WESFARMERS LIMITED ADR CMN 83,269 89,633
GSK PLC ADR CMN 82,584 87,348
BANK OF NOVA SCOTIA (THE) CMN 95,417 87,252
BNP PARIBAS SPONSORED ADR CMN 81,224 86,676
SHIN-ETSU CHEMICAL CO., LTD. UNSPONSORED ADR CMN 65,009 85,439
IBERDROLA SOCIEDAD ANONIMA SPONSORED ADR CMN 67,187 75,915
CANADIAN IMPERIAL BANK OF COMMERCE CMN 69,679 74,192
VINCI SA ADR CMN 65,138 72,857
HITACHI LTD (ADR 10 COM) ADR CMN 51,341 70,261
DBS GROUP HOLDINGS SPONSORED ADR CMN 70,382 66,629
KBC GROUP NV UNSPONSORED ADR CMN 72,255 64,798
ZURICH INS GROUP LTD SPONSORED ADR CMN 58,679 64,781
LLOYDS BANKING GROUP PLC SPONSORED ADR CMN 66,730 63,072
MANULIFE FINANCIAL CORP CMN 54,283 62,565
HONDA MTR LTD (AMER SHS) ADR CMN 49,585 62,407
ABB LTD SPONSORED ADR CMN 47,568 62,330
AXA-UAP AMERICAN DEPOSITARY SHARES 58,465 62,134
BANCO SANTANDER, S.A. SPON ADR 54,633 61,831
SUMITOMO MITSUI FINANCIAL GRP SPONSORED ADR CMN 52,165 60,297
VONOVIA SE ADR CMN 53,764 58,762
DEUTSCHE TKM ADR SPONSORED ADR CMN 51,574 57,405
PRUDENTIAL CORP (ADR) ADR CMN 59,168 57,090
ASSA ABLOY AB UNSPONSORED ADR (SWEDEN) 47,271 56,298
TEVA PHARMACEUTICAL IND LTD ADS 47,127 56,084
DAIICHI SANKYO CO LTD SPONSORED ADR CMN 62,208 55,110
SIKA AG ADR CMN 47,848 53,872
FORTESCUE METALS GROUP LTD SPONSORED ADR CMN 40,254 52,503
MERCEDES-BENZ GROUP AG ADR CMN 56,480 50,737
INTESA SANPAOLO SPA SPONSORED ADR CMN 45,448 50,673
PROSUS NV SPONSORED ADR CMN 60,198 50,397
BARCLAYS PLC,AMER DEP SHS ADR CMN 55,782 49,754
INTERCONTINENTAL HOTELS GROUP PLC SPONSORED ADR CMN 38,011 49,602
VODAFONE GROUP PLC ADR CMN 58,103 49,091
WPP PLC ADR CMN 62,565 49,045
TOKIO MARINE HOLDINGS, INC. ADR CMN 39,523 48,320
BANCO BILBAO VIZCAYA S A ADR SPONSORED ADR CMN USD0.3296 38,308 48,073
KDDI CORPORATION UNSPONSORED ADR CMN 45,536 47,754
SOFTBANK GRP CORP UNSPONSORED ADR CMN 51,384 47,541
MURATA MANUFACTURING CO., LTD. UNSPONSORED ADR CMN 43,193 47,255
FAST RETAILING CO LTD UNSPONSORED ADR CMN 39,791 46,994
MUENCHENER RUECKVERSICHERUNGS-*GESELLSCHAFT AG IN MUENCHEN UNSPONSORED ADR C 38,816 46,981
BARRICK GOLD CORPORATION CMN 46,822 46,907
TELENOR ASA AMERICAN DEPOSITARY SHARES 1 ADS = 3 ORDS 43,667 46,672
STELLANTIS NV CMN 32,290 46,640
ORIENTAL LAND CO., LTD. ADR CMN 39,667 46,438
SAND VIK (ADR) ADR CMN 43,451 45,311
HONG KONG EXCHANGES & CLEARING UNSPONSORED ADR CMN 55,765 44,422
UNICREDIT, SOCIETA PER AZIONI ADR 39,742 44,401
TAKEDA PHARMACEUTICAL CO LTD SPONSORED ADR CMN 48,981 44,280
SUN LIFE FINANCIAL INC. CMN 42,534 44,133
INFINEON TECHNOLOGIES AG - ADR SPONSORED ADR CMN 1 ADR = 1 SHARE 40,201 43,733
MITSUI FUDOSAN CO., LTD. UNSPONSORED ADR CMN 32,886 43,293
NUTRIEN LTD. CMN 61,300 43,261
PERNOD RICARD SPONSORED ADR CMN 47,613 41,195
MIZUHO FINANCIAL GROUP, INC. SPONSORED ADR CMN 36,557 40,884
EPIROC AB ADR CMN 38,971 40,070
RENTOKIL INITIAL PLC ADR + SPONSORED ADR CMN 42,520 39,940
KERING ADR CMN 53,549 39,374
CAP GEMINI ADR CMN 36,570 39,297
SEVEN & I HOLDINGS CO., LTD. UNSPONSORED ADR CMN 44,267 38,827
TELSTRA GROUP LTD SPONSORED ADR CMN 40,872 38,327
ENERGIAS DE PORTUGAL SA SPONSORED ADR CMN 37,094 37,956
BRAMBLES LIMITED SPONSORED ADR CMN 34,629 37,632
ERICSSON AMERICAN ADR CMN CLASS B 33,419 36,924
COMPAGNIE DE SAINT-GOBAIN UNSPONSORED ADR CMN 29,285 36,713
DEUTSCHE POST AG SPONSORED ADR CMN 33,416 36,517
INDUSTRIA DE DISENO TEXTIL, S.A. ADR CMN 26,668 36,359
DENSO CORP ADR ADR CMN 33,552 36,240
TERNA RETE ELETTRICA NAZIONALE ADR CMN 33,935 35,684
DASSAULT SYSTEMES SPONSORED ADR CMN 29,644 35,589
LEGRAND SA ADR CMN 30,427 35,135
SWEDBANK A B ADR CMN 33,152 34,877
SMITH & NEPHEW PLC ADR CMN 36,140 34,755
DEUTSCHE BANK AG CMN 29,849 34,295
FUJITSU LTD ADR (5 COM) ADR CMN 31,676 34,204
DAIWA HOUSE IND LTD (ADR) ADR CMN 26,249 34,009
TERUMO CORPORATION ADR CMN 28,376 33,957
ENGIE SPONSORED ADR CMN 26,913 33,517
NORDEA BANK ABP SPONSORED ADR CMN 27,565 32,809
ADVANTEST CORPORATION SPONSORED ADR CMN 18,743 32,603
DSV PANALPINA A/S UNSPONSORED ADR CMN 35,989 32,403
NIPPON TELEG & TEL SPON ADR SPONSORED ADR CMN (1 ADR = 1/2 COMMON SHS) 30,933 32,384
MITSUBISHI ESTATE LTD ADR ADR CMN 29,776 32,134
FERRARI N.V. CMN 24,562 31,812
STMICROELECTRONICS NV ADR CMN 30,163 31,632
YARA INTERNATIONAL ASA SPONSORED ADR CMN 37,781 31,329
COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN UNSPONSORED ADR CMN 27,964 31,179
KINGSPAN GROUP PUBLIC LIMITED *COMPANY UNSPONSRED ADR CMN 24,503 30,899
FANUC CORPORATION UNSPONSORED ADR CMN 37,123 30,796
NATWEST GROUP PLC SPONSORED ADR CMN 39,634 30,334
ROGERS COMMUNICATIONS INC CMN CLASS B 31,341 30,140
DEUTSCHE BOERSE AG UNPOSNORED ADR CMN 26,192 29,975
CHUGAI PHARMACEUTICAL CO., LTD. UNSPONSORED ADR CMN 20,314 29,915
DISCO CORPORATION ADR CMN 12,032 29,812
KONINKLIJKE AHOLD N.V. SPONSORED ADR CMN 30,537 29,590
HEINEKEN N.V. SPONSORED ADR CMN 28,604 29,568
ADIDAS AG ADR CMN 23,997 29,479
CANON INC ADR SPONSORED ADR CMN 24,302 28,186
CGI INC. CMN 23,974 27,553
SUN HUNG KAI PROP LTD SPON ADR SPONSORED ADR CMN 35,976 27,443
DANONE SPONSORED ADR CMN 23,041 27,130
TDK CORPORATION (ADR) ADR 20,002 26,168
ASM INTERNATIONAL N.V. ADR CMN SERIES REG SHARES 17,586 25,960
ASTELLAS PHARMA INC. UNSPONSORED ADR CMN 30,989 25,645
VEOLIA ENVIRONNEMENT SPONSORED ADR CMN 24,537 25,614
NOMURA RESEARCH INSTITUTE, LTD ADR CMN 19,803 24,469
FUJIFILM HOLDINGS CORPORATION ADR CMN 21,153 24,434
UPM-KYMMENE OYJ ADR CMN 23,991 24,376
ASSICURAZIONI GENERALI SPA UNSPONSORED ADR CMN 24,237 24,195
DAI-ICHI LIFE HOLDINGS INC ADR CMN DAI-ICHI LIFE HOLDINGS INC 25,707 24,080
SECOM LTD (ADR) ADR CMN 19,249 23,920
KUBOTA CORP ADR ADR CMN 23,337 23,662
SOFTBANK CORP. ADR CMN 21,167 23,655
PANASONIC CORPORATION ADR CMN 27,358 23,567
SWISS RE LTD SPONSORED ADR CMN 21,034 23,525
TELEFONICA S.A. ADR SPONSORED ADR CMN 21,644 23,442
MS&AD INSURANCE GROUP HOLDINGS*, INC. ADR CMN 18,904 23,433
ORANGE ADR 21,135 23,363
AMADEUS IT GROUP SA ADR CMN 21,182 23,210
BAYERISCHE MOTOREN WERKE AKTIENGESELLSCHAFT SPONSORED ADR CMN 21,394 22,928
AJINOMOTO INC (ADR) ADR CMN 18,029 22,829
THOMSON REUTERS CORPORATION CMN 19,685 22,372
OLYMPUS CORPORATION ADR CMN 26,393 22,253
STANTEC INC. CMN 16,217 21,842
CELLNEX TELECOM SA ADR CMN 21,609 21,643
SONOVA HOLDING AG (THE) UNSPONSORED ADR CMN 17,292 21,557
BRIDGESTONES CORP. ADR ADR CMN 18,812 21,125
SHISEIDO CO., LTD. SPONSORED ADR CMN 35,098 20,878
SOMPO JAPAN NIPPONKOA HLDGS IN ADR CMN 17,787 20,709
NOMURA HOLDINGS, INC. SPONSORED ADR CMN 18,725 20,647
GIVAUDAN SA ADR CMN 16,261 20,604
SKANSKA AB SPONSORED ADR CMN 20,338 20,442
PUBLICIS GROUPE SA SPONSORED ADR CMN 16,527 20,309
QBE INSURANCE GROUP LIMITED SPONSORED ADR CMN 20,678 19,760
PEARSON PLC SPON ADR SPONSORED ADR CMN 17,698 19,676
SKF AB SPONSORED ADR SWKR 12.50 17,723 18,861
AKZO NOBEL N.V. SPONSORED ADR CMN 16,834 18,641
YASKAWA ELECTRIC CORP ADR CMN 17,278 18,612
PRYSMIAN S.P.A. UNSPONSORED ADR CMN 16,208 18,178
GLOBANT S.A. CMN 11,952 18,086
ENDESA SA ADR CMN 18,807 18,054
KAWASAKI KISEN KAISHA, LTD. ADR CMN 9,547 17,900
MITSUI O.S.K. LINES, LTD. ADR CMN 14,091 17,880
SPARK NEW ZEALAND LTD SPONSORED ADR CMN 16,991 17,325
TOSHIBA CORPORATION UNSPONSORED ADR CMN 17,895 17,204
ORSTED A/S ADR CMN 26,534 16,900
SYSMEX CORPORATION ADR CMN 19,623 16,462
SIEMENS HEALTHINEERS AG ADR CMN 14,812 15,905
SAMPO OYJ UNSPONSORED ADR CMN REPRESENTING A SHARES (FINLAND*) 18,615 15,703
ALGONQUIN POWER & UTILITIES CORP. CMN 18,204 15,623
MERCK KGAA SPONSORED ADR CMN 19,034 15,582
NTT DATA GROUP CORP UNSPONSORED ADR CMN 16,589 15,505
SINGAPORE TELECOMMUNICATIONS LIMITED SPONSORED ADR CMN 15,779 15,382
SUMITOMO ELECTRIC LTD (ADR) ADR CMN 14,860 15,295
BRENNTAG AG ADR CMN 12,129 14,781
MITSUBISHI CHEMICAL HOLDINGS C*ORPORATION UNSPONSORED ADR CMN 12,835 14,735
SANDS CHINA LTD ADR CMN 17,993 14,684
OMRON CORP. SPONSORED ADR CMN 17,892 14,641
EBARA CORP ADR ADR CMN 9,830 14,203
A.P. MOLLER - MAERSK A/S ADR CMN 17,917 14,156
KUEHNE & NAGEL INTERNATIONAL A*G UNSPONSORED ADR CMN 10,375 14,120
WILMAR INTERNATIONAL LIMITED UNSPONSORED ADR CMN 16,347 13,997
SHIONOGI & CO., LTD. UNSPONSORED ADR CMN 13,120 13,864
FLEX LTD. CMN 10,989 13,646
GEBERIT AG ADR CMN 11,926 13,488
NOVOZYMES A/S UNSPONSORED ADR CMN 12,683 13,397
AKTIEBOLAGET ELECTROLUX ADR SPONSORED CL B 14,462 12,819
COLOPLAST A/S SPONSORED ADR CMN 13,058 12,568
E.ON AG SPONSORED ADR CMN 10,240 12,401
HEIDELBERG MATERIALS AG ADR CMN 9,543 12,356
DEUTSCHE WOHNEN AG ADR CMN 11,999 12,350
BUREAU VERITAS ADR CMN 13,600 12,257
NOKIA CORPORATION SPONSORED ADR CMN 16,444 12,056
ASICS CORP ADR CMN 9,298 12,026
AISIN CORP ADR CMN 9,443 11,956
MITSUI CHEMICALS, INC. UNSPONSORED ADR CMN 9,623 11,851
ITOCHU TECHNO SOLUTIONS CORP ADR CMN 11,146 11,738
MONCLER S P A ADR CMN 11,497 11,735
SANDOZ GROUP AG ADR CMN 8,342 11,716
FRESENIUS MEDICAL CARE AG SPONSORED ADR CMN 10,987 11,665
HITACHI CONSTR MACHY CO LTD UNSPONSORED ADR CMN 9,644 11,085
SGS SA ADR CMN 12,270 10,715
KONE OYJ UNSPONSORED ADR CMN REPRESENTING B SHARES (FINLAND) 11,546 10,684
TORAY INDUSTRIES INC ADR ADR CMN 12,195 10,679
KURITA WATER INDUSTRIES LIMITE*D UNSPONSORED ADR CMN 12,459 10,635
DENTSU INC. TOKYO UNSPONSORED ADR CMN 12,688 10,505
AENA SME SA ADR CMN 8,630 10,372
ASHAI KASEI CORP ADR CMN 9,985 10,188
GILDAN ACTIVEWEAR INC. CMN 8,512 9,753
ROHM CO.,LTD. UNSPONSORED ADR CMN 10,304 9,715
HANG LUNG PROPERTIES LIMITED SPONSORED ADR CMN 13,678 9,626
BROTHER INDUSTRIES LTD ADR ADR CMN 9,299 9,585
MEDIOBANCA - BANCA DI CREDITO *FINANZIARIO SPA UNSPONSORED ADR CMN 8,165 9,267
HEINEKEN HLDG N V SPONSORED ADR CMN 8,916 9,180
LIXIL GROUP CORPORATION ADR CMN 11,649 8,907
TOTO LTD (ADR) SPONSORED ADR CMN 12,072 8,882
YAMAHA MOTOR CO., LTD. UNSPONSORED ADR CMN 7,065 8,692
YOKOGAWA ELECTRIC CORPORATION ADR CMN 7,359 8,199
GRIFOLS S A ADR CMN 4,768 7,780
MEIJI HOLDINGS CO LTD ADR CMN 7,958 7,678
SUMITOMO CHEMICAL CO., LTD. UNSPONSORED ADR CMN 10,764 7,492
BCE INC. CMN 8,041 7,264
TAIYO YUDEN LTD ADR ADR CMN 9,048 7,178
RESONAC HOLDINGS CORP ADR CMN 5,925 7,084
NIKON CORP (ADR) ADR CMN 7,264 7,005
JERONIMO MARTINS SGPS SA UNSPONSORED ADR CMN 6,110 6,850
OJI HOLDINGS CORPORATION ADR CMN 6,845 6,682
KESKO OYJ UNSPONSORED ADR CMN REPRESENTING B SHARES (FINLAND) 7,420 6,679
DAI NIPPON PRINTING LTD SPONSORED ADR CMN 4,823 6,260
HENKEL AG AND CO. KGAA SPONSORED ADR USD0.6392 REPSTG PFD SHARES 4,714 5,465
YAMAHA CORPORATION SPONSORED ADR CMN 9,002 5,317
SODEXO SPONSORED ADR CMN 4,489 5,250
KNORR-BREMSE AG ADR CMN 5,501 5,204
STORA ENSO OYJ SPONSORED ADR CMN 5,642 5,118
SEKISUI HOUSE, LTD SPONSORED ADR CMN 3,469 4,105
CASIO COMPUTER (ADR) ADR CMN 4,205 3,694
JAPAN AIRLINES CO., LTD. ADR CMN 3,809 3,688
MARUI LTD (ADR NEW) ADR CMN 3,573 3,638
HENKEL AG AND CO. KGAA SPONSORED ADR REPSTG ORDINARY SHRS 3,083 3,393
SUMCO CORPORATION ADR CMN 2,339 2,338
FUJI ELECTRIC CO., LTD. ADR CMN 2,306 2,334
JTEKT CORPORATION UNSPONSORED ADR CMN 1,947 2,158
SINGAPORE AIRLINES LIMITED UNSPONSORED ADR CMN 1,728 1,599
HONGKONG LAND HOLDINGS LTD UNSPONSORED ADR CMN 2,139 1,569
SWISSCOM AMERICAN DEPOSITARY SHARES 525 542
NSK LTD ADR ADR CMN 574 522
GS CLEAN ENERGY INCOME FUND CLASS P 2,071,977 1,637,352

TY 2023 InvestmentsOtherSchedule2
Name:
ACESO FOUNDATION INC
EIN:
87-4109956
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BETTER VENTURES AT COST 878,448 878,448
IMPRINT THEMATIC AT COST 826,121 875,313
SANDBROOK CLIMATE INFRASTRUCTURE I ACCESS OFFSHORE LP AT COST 364,000 307,620

TY 2023 LegalFeesSchedule
Name:
ACESO FOUNDATION INC
EIN:
87-4109956
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 692 0   692


TY 2023 OtherExpensesSchedule
Name:
ACESO FOUNDATION INC
EIN:
87-4109956
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 1,359 68   1,291
K-1 EXPENSES 156,412 156,412   0
MISCELLANEOUS OPERATING EXPENSES 2,870 143   2,727
SOFTWARE 6,000 0   6,000
SUBSCRIPTIONS 820 41   779


TY 2023 OtherIncreasesSchedule
Name:
ACESO FOUNDATION INC
EIN:
87-4109956
Description Amount
STOCK BASIS ADJUSTMENTS 6,084
NONTAXABLE DISTRIBUTIONS 15,822


TY 2023 OtherProfessionalFeesSchedule
Name:
ACESO FOUNDATION INC
EIN:
87-4109956
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 107,715 107,715   0


TY 2023 TaxesSchedule
Name:
ACESO FOUNDATION INC
EIN:
87-4109956
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX PAID 42,910 42,910   0
RECLAIMABLE TAX/ADR FEES 40,636 40,636   0