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
MICHAEL AND NOEMI NEIDORFF FAMILY
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)8182 MARYLAND AVENUE 12TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CLAYTON, MO631053916
A Employer identification number

92-1373749
B Telephone number (see instructions)

(314) 615-2360
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$201,701,246J 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) 188,576,520
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 5,331,387 5,331,387  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -9,485,938
b Gross sales price for all assets on line 6a 203,019,723
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
110,299 99,273  
12 Total. Add lines 1 through 11........ 184,532,268 5,430,660  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,605 1,803   1,802
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
708,467 708,467   0
17 Interest............... 20,383 20,383   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
76,792 74,814   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
26,191 20,679   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 835,438 826,146   1,802
25 Contributions, gifts, grants paid....... 1,001 1,001
26 Total expenses and disbursements. Add lines 24 and 25 836,439 826,146   2,803
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 183,695,829
b Net investment income (if negative, enter -0-) 4,604,514
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,423,685 14,106,672 14,106,672
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)....... 0 Click to see attachment
List of Attached Documents:
// Content
167,786,199 		182,484,574
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment
List of Attached Documents:
// Content
5,093,003 		5,110,000
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) 1,423,685 186,985,874 201,701,246
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 1,423,685 186,985,874
29 Total net assets or fund balances (see instructions)..... 1,423,685 186,985,874
30 Total liabilities and net assets/fund balances (see instructions). 1,423,685 186,985,874
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
1,423,685
2
Enter amount from Part I, line 27a .....................
2
183,695,829
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,866,360
4
Add lines 1, 2, and 3 ..........................
4
186,985,874
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
186,985,874
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 CAPITAL GAINS (LOSSES) - REGIONS P    
b CAPITAL GAIN DISTRIBUTIONS - REGIONS P    
c CAPITAL GAINS (LOSSES) - K-1 GP 2023-2024 PRIVATE P    
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 202,910,694   212,505,414 -9,594,720
b 109,029     109,029
c     247 -247
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       -9,594,720
b       109,029
c       -247
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 -9,485,938
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 64,003
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 64,003
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 64,003
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 1,974
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 100,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 101,974
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 3,574
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 34,397
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow34,397 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 arrowMO
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 arrowREGIONS BANK Telephone no.right arrow (314) 615-2360

Located atright arrow8182 MARYLAND AVENUE 12TH FLOORCLAYTONMO ZIP+4right arrow631053916
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)
 
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
LACEY SEARFOSS TRUSTEE
2.00 		0 0 0
8182 MARYLAND AVENUE
CLAYTON,MO63105
MARCELA MANJARREZ TRUSTEE
2.00 		0 0 0
8182 MARYLAND AVENUE
CLAYTON,MO63105
DANIEL GODAR TRUSTEE
2.00 		0 0 0
8182 MARYLAND AVENUE
CLAYTON,MO63105
STEVEN HARPOLE TRUSTEE
2.00 		0 0 0
8182 MARYLAND AVENUE
CLAYTON,MO63105
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
REGIONS BANK INVESTMENT MANAGER 708,467
8182 MARYLAND AVENUE 12TH FLOOR
CLAYTON,MO63105
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 NONE 0
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 NONE 0
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
130,106,206
b
Average of monthly cash balances.......................
1b
50,288,085
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
180,394,291
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
180,394,291
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,705,914
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
177,688,377
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
8,884,419
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
8,884,419
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
64,003
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
64,003
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
8,820,416
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
8,820,416
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
8,820,416
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
2,803
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
2,803
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 8,820,416
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 576
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$ 2,803
a Applied to 2022, but not more than line 2a 576
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..... 2,227
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 .......... 		8,818,189
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).)
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

KOL RINAH

7701 MARYLAND AVENUE
CLAYTON,MO63105 		N/A PC GENERAL FUND 1,000

FROM K-1 - GP 2023-2024 PRIVATE

333 W WACKER DRIVE SUITE 700
CHICAGO,IL60606 		N/A PC GENERAL FUND 1
Total .................................right arrow 3a 1,001
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 5,331,387  
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 .....     14 110,299  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -9,485,938  
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 -4,044,252 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-4,044,252
(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
MICHAEL AND NOEMI NEIDORFF FAMILY
FOUNDATION
Employer identification number

92-1373749
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
MICHAEL AND NOEMI NEIDORFF FAMILY
FOUNDATION 		Employer identification number
92-1373749
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
THE MICHAEL NEIDORFF REVOCABLE TRUST DATED NOVEMBER 13 2004
 
211 LINDEN AVENUE
 
ST LOUIS, MO63105

$ 188,576,520


(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
MICHAEL AND NOEMI NEIDORFF FAMILY
FOUNDATION 		Employer identification number

92-1373749
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
1
 2,472,000 SHARES OF CENTENE CORPORATION $ 188,576,520 2023-01-25
(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
MICHAEL AND NOEMI NEIDORFF FAMILY
FOUNDATION 		Employer identification number

92-1373749
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:
MICHAEL AND NOEMI NEIDORFF FAMILY
 
FOUNDATION
EIN:
92-1373749
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 3,605 1,803   1,802

TY 2023 InvestmentsCorpStockSchedule
Name:
MICHAEL AND NOEMI NEIDORFF FAMILY
 
FOUNDATION
EIN:
92-1373749
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 174,014 186,018
ABBVIE INC 64,697 65,242
ADOBE INC 107,295 195,088
ADVANCED MICRO DEVICES INC 44,030 62,944
ALPHABET INC 143,171 225,065
ALPHABET INC 108,451 142,065
AMAZON.COM INC 216,178 342,017
ANALOG DEVICES INC 64,328 70,290
APPLE INC 297,614 326,723
APPLIED MATERIALS INC 257,465 318,792
ARISTA NETWORKS INC 59,838 80,309
ASM INTERNATIONAL NV 86,892 112,147
AT&T INC 200,690 209,028
AUTODESK INC 148,735 178,227
BANK OF AMERICA CORP 233,613 273,602
BECTON DICKINSON AND CO 95,196 90,949
BEIERSDORF AG 33,575 39,255
BERKSHIRE HATHAWAY INC 431,245 463,658
BROADCOM INC 220,822 291,341
CADENCE DESIGN SYSTEMS INC 109,980 132,917
CAPITAL ONE FINANCIAL CORP 77,099 96,898
CATERPILLAR INC 288,481 372,249
CHEVRON CORP 125,070 115,152
CHEWY INC 102,148 62,218
CIGNA GROUP/THE 142,980 157,211
CINTAS CORP 127,390 177,785
CITIGROUP INC 152,267 171,141
CONOCOPHILLIPS 386,610 414,370
CONSTELLATION ENERGY CORP 60,651 74,926
CORTEVA INC 69,672 59,900
COSTCO WHOLESALE CORP 169,504 226,407
CSX CORP 61,935 70,657
CVS HEALTH CORP 159,011 177,028
DEERE & CO 80,449 83,973
DOORDASH INC 25,610 30,557
DR HORTON INC 133,714 205,325
DUPONT DE NEMOURS INC 62,406 66,621
EDWARDS LIFESCIENCES CORP 127,908 126,728
ELEVANCE HEALTH INC 102,607 105,629
ELI LILLY & CO 599,154 778,781
EOG RESOURCES INC 119,507 118,773
EXXON MOBIL CORP 768,363 699,060
FEDEX CORP 94,881 103,971
FOX CORP 14,874 13,114
FOX CORP 3,571 3,235
FREEPORT-MCMORAN INC 201,334 211,786
GE AEROSPACE COM 201,322 246,836
GENERAL DYNAMICS CORP 71,006 79,978
GOLDMAN SACHS GROUP INC/THE 195,115 228,376
HCA HEALTHCARE INC 186,414 187,581
HOME DEPOT INC/THE 613,211 701,417
HONEYWELL INTERNATIONAL INC 61,257 66,268
INTEL CORP 8,196 15,125
INTERCONTINENTAL EXCHANGE INC 78,356 97,864
INTUIT INC 367,481 529,400
INTUITIVE SURGICAL INC 145,054 212,199
ISHARES CORE S&P 500 ETF 18,100,650 21,025,273
KLA CORP 115,112 146,488
L3HARRIS TECHNOLOGIES INC 75,461 74,770
LAM RESEARCH CORP 146,049 187,982
LEGRAND SA 80,215 91,206
MARATHON PETROLEUM CORP 90,245 104,891
MARSH & MCLENNAN COS INC 71,558 79,198
MARUBENI CORP 47,887 47,028
MASTERCARD INC 573,698 662,797
MATCH GROUP INC 98,765 85,556
META PLATFORMS INC 1,174,418 1,377,258
MICRON TECHNOLOGY INC 127,296 168,973
MICROSOFT CORP 544,957 723,501
NETFLIX INC 315,023 386,583
NVIDIA CORP 1,100,530 1,713,461
PACCAR INC 68,028 86,518
PACKAGING CORP OF AMERICA 50,374 60,440
PALANTIR TECHNOLOGIES INC 48,178 53,038
PARAMOUNT GLOBAL 14,239 12,364
PARKER HANNIFIN CORP 90,718 126,693
PEPSICO INC 164,785 154,894
PERNOD RICARD SA 82,868 69,259
PFIZER INC 126,038 97,627
PROGRESSIVE CORP/THE 343,378 395,652
PULTEGROUP INC 20,927 32,824
REGENERON PHARMACEUTICALS INC 121,802 139,648
REPUBLIC SERVICES INC 107,157 137,040
SCHLUMBERGER NV 64,122 65,154
SERVICENOW INC 146,989 240,207
S&P GLOBAL INC 136,589 174,446
STRYKER CORP 80,205 82,950
SUMITOMO CORP 23,300 24,281
SUMITOMO MITSUI TRUST HOLDINGS INC 35,917 36,037
SUN HUNG KAI PROPERTIES LTD 41,899 36,752
SWIRE PACIFIC LTD 19,879 23,170
SYNCHRONY FINANCIAL 32,666 38,725
SYNOPSYS INC 205,142 269,298
SYSCO CORP 56,985 54,848
TARGET CORP 102,864 114,648
TEXAS INSTRUMENTS INC 155,814 158,016
THERMO FISHER SCIENTIFIC INC 175,364 170,914
TJX COS INC/THE 243,221 280,492
TOYOTA INDUSTRIES CORP 35,548 41,727
TRUIST FINANCIAL CORP 50,955 55,860
UBER TECHNOLOGIES INC 125,566 170,241
UNION PACIFIC CORP 109,884 138,530
UNITEDHEALTH GROUP INC 730,556 802,340
UNITED PARCEL SERVICE INC 212,653 194,965
UNIVERSAL MUSIC GROUP NV 81,468 99,173
VERTEX PHARMACEUTICALS INC 146,567 182,694
VIATRIS INC 28,422 29,815
VISA INC 98,661 110,909
WALMART INC 359,906 376,784
WASTE MANAGEMENT INC 84,853 91,878
WELLS FARGO & CO 393,999 456,909
ZOETIS INC 131,095 154,935
AECOM 13,104 14,604
AFLAC INC 66,700 79,778
AGILENT TECHNOLOGIES INC 91,808 90,230
AIR LEASE CORP 72,788 72,640
AKAMAI TECHNOLOGIES INC 76,083 113,143
ALBEMARLE CORP 86,596 50,279
ALCOA CORP 7,368 6,494
ALIGN TECHNOLOGY INC 118,796 119,190
ALLSTATE CORP/THE 173,343 218,229
AMERICAN INTERNATIONAL GROUP INC 279,822 340,986
AMERICOLD REALTY TRUST INC 74,224 73,980
ANNALY CAPITAL MANAGEMENT INC 19,561 19,196
ANSYS INC 87,514 109,590
ARAMARK 14,036 14,472
ARCHER-DANIELS-MIDLAND CO 71,663 68,609
ARROW ELECTRONICS INC 67,282 70,049
ARTISAN PARTNERS ASSET MANAGEMENT INC 108,140 144,557
ASPEN TECHNOLOGY INC 114,898 119,762
ATRION CORP 56,300 31,440
AVANGRID INC 8,082 6,774
BANCFIRST CORP 94,819 102,586
BANK OF NEW YORK MELLON CORP/THE 63,255 72,870
BIO-RAD LABORATORIES INC 93,480 65,870
BOOZ ALLEN HAMILTON HOLDING CORP 23,641 29,036
BORGWARNER INC 75,815 64,817
BOSTON PROPERTIES INC 49,343 51,294
BROADRIDGE FINANCIAL SOLUTIONS INC 55,158 80,243
BUILDERS FIRSTSOURCE INC 30,033 43,071
BURBERRY GROUP PLC 32,589 21,359
BUREAU VERITAS SA 99,159 88,941
CARDINAL HEALTH INC 37,366 46,267
CARLYLE GROUP INC/THE 9,030 12,248
CARMAX INC 136,655 153,633
CATALENT INC 76,330 51,355
CBRE GROUP INC 109,081 118,876
CELSIUS HOLDINGS INC 14,411 15,048
CENCORA INC 61,925 79,893
CENTENE CORP 59,344 67,754
CENTERPOINT ENERGY INC 51,207 52,912
CHAMPIONX CORP 46,817 46,123
CINCINNATI FINANCIAL CORP 26,985 26,382
CITIZENS FINANCIAL GROUP INC 25,723 28,567
CLEARWATER ANALYTICS HOLDINGS INC 99,119 100,651
COINBASE GLOBAL INC 29,560 62,089
CONSOLIDATED EDISON INC 76,957 78,416
CORVEL CORP 127,931 163,900
COSTAR GROUP INC 131,491 159,487
COTERRA ENERGY INC 71,946 74,697
CUMMINS INC 65,332 63,726
DARDEN RESTAURANTS INC 95,719 106,795
DECKERS OUTDOOR CORP 17,795 26,069
DENTSPLY SIRONA INC 55,948 56,944
DIAMONDBACK ENERGY INC 62,667 63,428
DOLLAR TREE INC 56,471 62,502
DOMINION RESOURCES INC/VA 52,483 43,005
DONALDSON CO INC 62,318 65,285
DOVER CORP 58,753 61,370
DRAFTKINGS INC 27,814 31,937
EASTMAN CHEMICAL CO 64,375 69,611
EMCOR GROUP INC 282,931 376,572
ENTEGRIS INC 83,596 119,700
EXELON CORP 66,447 59,594
EXPEDITORS INTERNATIONAL OF WASHINGTON INC. 31,660 35,489
EXTRA SPACE STORAGE INC 71,077 92,029
FACTSET RESEARCH SYSTEMS INC 139,851 157,904
FAIR ISAAC CORP 41,089 60,529
FASTENAL CO 53,572 63,669
FIDELITY NATIONAL FINANCIAL INC 15,965 22,041
FIRST CITIZENS BANCSHARES INC/NC 24,340 25,541
FIRST HAWAIIAN INC 173,512 148,567
FIRST SOLAR INC 33,710 29,977
FORD MOTOR CO 76,120 73,640
FORTINET INC 80,186 73,514
FRANKLIN RESOURCES INC 12,730 14,240
FTI CONSULTING INC 290,244 320,233
GARTNER INC 46,958 62,704
GATX CORP 55,188 61,793
GENERAC HOLDINGS INC 107,271 117,479
GENERAL MOTORS CO 216,575 224,895
GLOBAL PAYMENTS INC 65,915 74,930
GRACO INC 178,507 223,320
HARTFORD FINANCIAL SERVICES GROUP INC 119,686 135,762
HEALTHCARE REALTY TRUST INC 18,168 17,144
HELMERICH & PAYNE INC 39,240 35,532
HESS CORP 65,962 67,899
HEWLETT PACKARD ENTERPRISE CO 36,261 38,239
HEXCEL CORP 57,699 59,590
HOULIHAN LOKEY INC 72,752 92,451
HOWMET AEROSPACE INC 33,862 40,374
HUBSPOT INC 24,365 26,705
HUMANA INC 219,280 196,858
IDEX CORP 74,445 72,298
IMCD NV 39,744 46,965
ISHARES CORE S&P SMALL-CAP ETF 2,992,637 3,346,008
JABIL INC 23,014 30,066
JACK HENRY & ASSOCIATES INC 75,364 74,678
JERONIMO MARTINS SGPS SA 28,408 30,850
JM SMUCKER CO/THE 18,028 15,166
KADANT INC 108,894 114,366
KARUNA THERAPEUTICS INC 6,409 9,495
KEYCORP 59,208 47,578
KEYSIGHT TECHNOLOGIES INC 139,818 142,226
KFORCE INC 67,783 77,086
KIMCO REALTY CORP 21,210 23,846
KKR & CO INC 123,963 199,006
KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC 11,689 11,761
KOSE CORP 12,533 11,606
KRAFT HEINZ CO/THE 35,956 35,464
KROGER CO/THE 72,810 72,679
LABORATORY CORP OF AMERICA HOLDINGS 182,089 202,288
LANDSTAR SYSTEM INC 188,505 203,139
LAS VEGAS SANDS CORP 24,543 21,800
LCI INDUSTRIES COM 111,678 124,327
LEAR CORP 53,968 55,072
LENNAR CORP 48,558 66,323
LIBERTY MEDIA CORP-LIBERTY FORMULA 25,655 22,853
LKQ CORP 38,029 34,600
LOEWS CORP 41,688 47,878
LPL FINANCIAL HOLDINGS INC 37,453 38,923
LULULEMON ATHLETICA INC 109,979 179,463
LUMENTUM HOLDINGS INC 49,648 45,763
MANHATTAN ASSOCIATES INC 211,991 307,046
MARATHON OIL CORP 17,186 17,323
MARKEL CORP 34,348 35,498
MARTIN MARIETTA MATERIALS INC 57,741 82,819
MASCO CORP 89,711 114,804
METLIFE INC 65,970 73,867
MOELIS & CO 135,574 180,626
MOLSON COORS BEVERAGE CO 17,180 17,016
MONGODB INC 48,695 53,151
MURPHY OIL CORP 40,190 44,452
NASDAQ INC 98,332 103,199
NET LEASE OFFICE PROPERTIES 253 259
NEWS CORP 11,043 15,246
NEWS CORP 2,445 3,884
NUCOR CORP 75,521 81,973
NVR INC 111,473 140,009
OLD DOMINION FREIGHT LINE INC 63,191 70,933
ON SEMICONDUCTOR CORP 73,509 67,158
OWENS CORNING 18,174 23,569
PAYCHEX INC 61,842 64,796
PENSKE AUTOMOTIVE GROUP INC 12,301 12,199
PG&E CORP 47,560 51,782
PINNACLE WEST CAPITAL CORP 25,242 23,707
PPL CORP 28,454 29,431
PRIMERICA INC 225,704 274,895
PRINCIPAL FINANCIAL GROUP INC 29,708 31,232
PRUDENTIAL FINANCIAL INC 57,260 66,789
PURE STORAGE INC 17,810 16,582
QUANTA SERVICES INC 45,857 54,166
RAYMOND JAMES FINANCIAL INC 120,797 129,340
RBC BEARINGS INC 143,503 173,783
REALTY INCOME CORP 81,825 79,814
REGAL REXNORD CORP 82,623 97,693
REGIONS FINANCIAL CORP 19,204 19,244
REINSURANCE GROUP OF AMERICA INC 103,836 116,643
RELIANCE INC 26,373 28,807
RIVIAN AUTOMOTIVE INC 18,353 18,252
RLI CORP 102,900 104,765
SBA COMMUNICATIONS CORP 332,049 335,378
SCOTTS MIRACLE-GRO CO/THE 82,835 64,961
SEALED AIR CORP 62,472 46,819
SEMPRA ENERGY 63,878 64,866
SENSATA TECHNOLOGIES HOLDING PLC 87,323 66,010
SIMPSON MANUFACTURING CO INC 230,622 427,439
SKYWORKS SOLUTIONS INC 74,747 75,546
SNAP-ON INC 89,566 104,849
SPIRIT AEROSYSTEMS HOLDINGS INC 91,511 88,158
SS&C TECHNOLOGIES HOLDINGS INC 93,680 99,915
STATE STREET CORP 47,705 49,807
STEEL DYNAMICS INC 38,946 42,634
STERICYCLE INC 44,997 46,537
STIFEL FINANCIAL CORP 74,510 78,831
TAKE-TWO INTERACTIVE SOFTWARE INC 31,218 35,087
TERADYNE INC 28,392 29,517
TEXTRON INC 25,635 29,353
TORO CO/THE 227,849 211,562
TRAVELERS COS INC/THE 91,084 103,436
TYSON FOODS INC 26,085 26,714
UFP INDUSTRIES INC 171,179 194,100
ULTA BEAUTY INC 75,917 75,458
UNITED RENTALS INC 58,310 77,985
UNITED THERAPEUTICS CORP 16,764 16,272
UNUM GROUP 17,761 17,771
VEEVA SYSTEMS INC 108,857 124,945
VICI PROPERTIES INC 52,066 52,411
WALGREENS BOOTS ALLIANCE INC 42,760 40,183
WARNER BROS DISCOVERY INC 51,470 44,018
WATSCO INC 11,379 14,996
WATTS WATER TECHNOLOGIES INC 181,822 220,007
WEC ENERGY GROUP INC 56,163 52,270
WESTERN DIGITAL CORP 30,937 38,544
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP 32,565 40,354
WESTROCK CO WILLSCOT MOBILE MINI HOLDINGS CORP 10,733 14,947
WILLSCOT MOBILE MINI HOLDINGS CORP 20,013 19,625
WOODWARD INC 65,907 92,705
WP CAREY INC 15,966 13,999
WW GRAINGER INC 50,659 60,494
BOSTON PARTNERS GLOBAL EQUITY FUND 7,999,998 8,603,500
HARDING LOEVNER GLOBAL EQUITY PORTFOLIO 7,999,998 8,945,444
VANGUARD TOTAL WORLD STOCK ETF 21,004,784 22,654,999
ABB LTD 94,726 126,388
ACCENTURE PLC 47,953 55,795
ACUSHNET HOLDINGS CORP 196,773 251,101
ADVANTEST CORP 69,573 86,198
AGNICO EAGLE MINES LTD 44,023 49,968
AIA GROUP LTD 154,974 131,573
AIRBUS SE 91,393 108,497
AIR LIQUIDE SA 89,897 112,215
AJINOMOTO CO INC 40,590 39,826
AKZO NOBEL NV 75,978 84,912
ALFA LAVAL AB 32,453 37,021
AMDOCS LTD 20,826 20,303
AON PLC 115,823 111,461
AP MOLLER - MAERSK A/S 19,021 18,224
ARCH CAPITAL GROUP LTD 47,144 49,092
ARTISAN DEVELOPING WORLD FUND 1,274,254 1,471,501
ASHTEAD GROUP PLC 28,167 29,846
ASICS CORP 44,893 58,687
ASML HOLDING NV 152,029 177,876
ASTRAZENECA PLC 77,331 74,759
ATLASSIAN CORP LTD 109,844 164,599
AUTO TRADER GROUP PLC 28,617 35,421
BAE SYSTEMS PLC 57,674 67,589
BANCO BILBAO VIZCAYA ARGENTARIA SA 48,342 59,698
BANCO SANTANDER SA 62,853 72,628
BANDAI NAMCO HOLDINGS INC UNSP ADS EA REP 0.5 ORD SHS 69,306 64,630
BARCLAYS PLC 28,230 28,951
BARON EMERGING MARKETS FUND 2,973,259 3,209,014
BAYERISCHE MOTOREN WERKE AG 30,759 32,381
BHP GROUP LTD 113,694 131,019
BNP PARIBAS SA 85,310 94,145
BP PLC 149,513 138,556
BRITISH AMERICAN TOBACCO PLC 22,258 20,034
BUNGE GLOBAL SA 33,987 32,607
CANADIAN NATURAL RESOURCES LTD 84,840 93,432
CANON INC 47,513 48,666
CAPGEMINI SE 65,303 75,707
CARLSBERG AS 67,068 59,835
CARNIVAL CORP 29,883 35,819
CENOVUS ENERGY INC 46,309 40,576
CENTRICA PLC 12,404 12,066
CGI INC 42,122 45,243
CHUBB LTD 203,905 226,226
CIE FINANCIERE RICHEMONT SA 190,840 172,091
CK HUTCHISON HOLDINGS LTD 36,313 35,354
COCA-COLA EUROPACIFIC PARTNERS PLC 62,616 73,814
COMMERZBANK AG 11,453 12,804
COMPASS GROUP PLC 181,847 209,910
CONTINENTAL AG 66,943 80,351
COVESTRO AG 34,200 47,301
CREDIT AGRICOLE SA 37,315 43,807
CRH PLC 26,867 34,718
DAIICHI SANKYO CO LTD 68,181 59,568
DAIKIN INDUSTRIES LTD 89,352 84,213
DAI NIPPON PRINTING CO LTD 9,121 9,301
DAIWA HOUSE INDUSTRY CO LTD 48,983 64,491
DANSKE BANK A/S 18,883 22,178
DBS GROUP HOLDINGS LTD 58,622 58,225
DELIVERY HERO SE 5,724 4,293
DEUTSCHE BANK AG 25,325 32,479
DISCO CORP 73,516 136,133
ENGIE SA 154,093 182,356
EPIROC AB 39,043 41,896
EQUINOR ASA 22,734 24,648
EVEREST RE GROUP LTD 24,410 24,397
EVOLUTION AB 30,354 31,047
EXPERIAN PLC 43,609 49,132
FANUC CORP 57,374 60,042
FERGUSON PLC 76,983 97,500
FERRARI NV 49,951 57,533
FORTESCUE LTD 47,347 67,493
GENMAB A/S 41,107 34,483
GILDAN ACTIVEWEAR INC 25,346 23,406
GQG PARTNERS EMERGING MARKETS EQUITY FUND 950,106 1,162,348
HALMA PLC 24,770 29,423
HANG LUNG PROPERTIES LTD 12,804 11,324
HEIDELBERG MATERIALS AG 26,747 31,702
HENDERSON LAND DEVELOPMENT CO LTD 15,049 16,439
HENKEL AG & CO KGAA 48,929 53,349
HERMES INTERNATIONAL SCA 88,481 94,607
HOLCIM AG 49,617 61,093
HONDA MOTOR CO LTD 70,836 72,422
HOYA CORP 132,214 156,273
HSBC HOLDINGS PLC 185,325 205,862
ICON PLC 101,722 129,363
IMPERIAL OIL LTD 28,955 31,512
INDUSTRIA DE DISENO TEXTIL SA 26,938 30,887
ING GROEP NV 106,613 122,909
INPEX CORP 16,307 18,311
JAPAN AIRLINES CO LTD 7,454 7,395
JARDINE MATHESON HOLDINGS LTD 16,492 14,415
JOHNSON CONTROLS INTERNATIONAL PLC 71,651 68,130
J SAINSBURY PLC 28,039 32,143
KBC GROEP NV 72,137 69,085
KINGFISHER PLC 14,400 15,081
KONINKLIJKE AHOLD DELHAIZE NV 52,694 48,273
KUEHNE + NAGEL INTERNATIONAL AG 14,394 17,840
LEONARDO SPA 13,821 15,383
LIBERTY GLOBAL LTD 11,191 11,203
LONDON STOCK EXCHANGE GROUP PLC 55,666 63,037
LOREAL SA 93,971 110,246
LVMH MOET HENNESSY LOUIS VUITTON SE 95,048 90,485
LYONDELLBASELL INDUSTRIES NV 41,237 42,025
MAZDA MOTOR CORP 27,304 27,233
MEDTRONIC PLC 85,044 84,687
MERCK KGAA 98,503 81,390
MITSUBISHI ELECTRIC CORP 49,357 53,898
MITSUI & CO LTD 75,925 79,284
MIZUHO FINANCIAL GROUP INC 60,429 65,570
MTU AERO ENGINES AG 76,218 67,247
NATWEST GROUP PLC 11,701 9,875
NIPPON STL & SUMITOMO METAL CORP 7,646 7,251
NIPPON TELEGRAPH & TELEPHONE CORP 55,668 58,493
NIPPON YUSEN KK 18,882 22,791
NISSAN MOTOR CO LTD 15,130 14,720
NOMURA HOLDINGS INC 34,866 37,659
NOMURA RESEARCH INSTITUTE LTD 71,784 93,254
NORSK HYDRO ASA 16,634 17,709
NOVO NORDISK A/S 239,606 299,177
NXP SEMICONDUCTORS NV 95,430 123,338
PANASONIC HOLDINGS CORP 34,486 31,163
PEARSON PLC 8,870 10,655
PRYSMIAN SPA 32,313 36,721
RBC EMERGING MARKETS EQUITY FUND/USA 1,083,097 1,120,754
RECRUIT HOLDINGS CO LTD 42,827 56,830
RELX PLC 177,648 230,583
RENAISSANCERE HOLDINGS LTD 80,217 75,852
RENESAS ELECTRONICS CORP 92,265 116,014
RIGHTMOVE PLC 146,083 160,912
ROCHE HOLDING AG 163,689 157,999
ROYAL CARIBBEAN CRUISES LTD 36,634 47,911
RYANAIR HOLDINGS PLC 97,739 142,162
SAGE GROUP PLC/THE 36,344 42,226
SAMPO OYJ 96,127 87,557
SANDVIK AB 50,204 53,723
SAP SE 81,482 93,372
SCHNEIDER ELECTRIC SE 40,163 47,069
SCHWAB FUNDAMENTAL INTERNATIONAL LARGE COMPANY INDEX 2,647,616 2,843,237
SHIN-ETSU CHEMICAL CO LTD 84,663 86,923
SHISEIDO CO LTD 22,030 15,080
SIEMENS HEALTHINEERS AG 63,162 71,398
SINGAPORE AIRLINES LTD 23,712 23,999
SOCIETE GENERALE SA 21,095 20,771
SOUTH32 LTD 37,244 34,198
STANDARD CHARTERED PLC 17,029 16,649
SUBSEA 7 SA 9,902 11,186
SUMITOMO CHEMICAL CO LTD 8,625 6,439
SUMITOMO MITSUI FINANCIAL GROUP INC 79,878 88,862
SUNCOR ENERGY INC 145,616 142,738
SUZUKI MOTOR CORP 55,402 67,633
SWATCH GROUP AG/THE 10,545 9,275
TAKEDA PHARMACEUTICAL CO LTD 40,157 36,274
TECK RESOURCES LTD 39,953 41,636
TELECOM ITALIA SPA/MILANO 2,421 2,413
TENARIS SA 2,868 3,128
THALES SA 99,958 104,410
TOKYO ELECTRON LTD 84,212 108,740
UBS GROUP AG 99,888 132,932
UNICREDIT SPA 48,486 62,148
UNILEVER PLC 122,932 118,921
UOL GROUP LTD 14,643 14,787
VANGUARD INTERNATIONAL GROWTH FUND 2,760,718 2,724,589
VODAFONE GROUP PLC 20,828 17,652
VONOVIA SE 58,988 72,621
WHEATON PRECIOUS METALS CORP 42,518 47,613
WOLTERS KLUWER NV 51,668 61,135
WOODSIDE ENERGY GROUP LTD 65,363 58,841
ZOZO INC 45,162 47,636
LIBERTY MEDIA CORP-LIBERTY LIVE 7,921 9,198
VERALTO CORP 72,215 82,589
VESTIS CORP 4,953 5,433
1ST SOURCE BANK/SOUTH BEND IN 5.2% 4/6/2026 250,000 250,140
BMO BANK NA 4.6% 08 MAY 2026 250,000 248,755
EVERBANK NA 5% 12 MAY 2026 250,000 250,070
MORGAN STANLEY BANK NA 5% 14 MAY 2027 250,000 250,078
MORGAN STANLEY PRIVATE BANK NA 4.95% 5/15/2026 250,000 250,050
UNITED STATES TREASURY NOTE/BOND 1.25% 15 MAY 2050 304,953 301,767
UNITED STATES TREASURY NOTE/BOND 2.375% 15 FEB 2042 787,412 786,452
UNITED STATES TREASURY NOTE/BOND 2.875% 15 MAY 2028 608,457 623,292
UNITED STATES TREASURY NOTE/BOND .625% 15 OCT 2024 325,348 338,517
FANNIE MAE POOL FN FM8216 4% 01 NOV 2048 188,006 189,516
FANNIE MAE POOL FN MA4237 2% 01 JAN 2051 289,153 293,289
FANNIE MAE POOL FN MA4255 2% 01 FEB 2051 224,628 227,668
FANNIE MAE POOL FN MA4306 2.5% 01 APR 2051 84,689 85,796
FANNIE MAE POOL FN MA4438 2.5% 01 OCT 2051 339,743 343,017
FANNIE MAE POOL FN MA4466 2.5% 01 NOV 2051 238,289 240,532
FANNIE MAE POOL FN MA4497 2% 01 DEC 2036 234,918 235,814
FANNIE MAE POOL FN MA4579 3% 01 APR 2052 307,709 311,962
FANNIE MAE POOL FN MA4580 3.5% 01 APR 2052 323,004 328,248
FANNIE MAE POOL FN MA4655 4% 01 JUL 2052 227,634 231,646
FANNIE MAE POOL FN MA4656 4.5% 01 JUL 2052 200,468 203,081
FANNIE MAE POOL FN MA4978 5% 01 APR 2053 347,205 367,139
FREDDIE MAC POOL FR SB0880 3% 01 MAY 2037 85,727 86,883
FREDDIE MAC POOL FR SB8137 2% 01 JAN 2037 25,436 25,172
FREDDIE MAC POOL FR ZS4697 3% 01 JAN 2047 552,551 560,921
FREDDIE MAC POOL FR ZS4739 3.5% 01 OCT 2047 48,193 48,947
FREDDIE MAC POOL FR ZS4755 3.5% 01 FEB 2048 219,210 222,431
GINNIE MAE II POOL G2 786266 2.5% 20 MAR 2052 196,517 198,494
GINNIE MAE II POOL G2 MA4837 3.5% 11/20/2047 142,570 143,787
GINNIE MAE II POOL G2 MA8427 4.5% 11/20/2052 100,686 102,152
BANK 2018-BNK15 BANK 2018-BN15 A4 VAR 15 NOV 2061 19,165 19,423
WFRBS COMMERCIAL MORTGAGE TRUST 2014-C21 WFRBS 2014-C21 A5 3.678% 15 AUG 204 115,920 117,987
BANK 2017-BNK4 BANK 2019-BN17 A4 3.714% 15 APR 2052 110,249 112,480
BANK 2019-BNK18 BANK 2019-BN18 A4 3.584% 15 MAY 2062 46,078 44,761
BENCHMARK 2018-B4 MORTGAGE TRUST BMARK 2018-B4 A5 VAR 15 JUL 2051 95,746 95,561
WFRBS COMMERCIAL MORTGAGE TRUST 2014-LC14 WFRBS 2014-LC14 A5 4.045% 15 MAR 2 7,558 7,673
ABBVIE INC 3.2% 21 NOV 2029 74,070 74,783
AFLAC INC 3.6% 01 APR 2030 236,388 236,678
AIR PRODUCTS AND CHEMICALS INC 2.7% 5/15/2040 18,997 19,094
ALABAMA POWER CO 3.7% 01 DEC 2047 10,999 11,877
ALLY FINANCIAL INC 5.75% 20 NOV 2025 34,461 34,903
AMAZON.COM INC 3.6% 13 APR 2032 240,440 238,143
AMERICA MOVIL SAB DE CV 6.375% 01 MAR 2035 26,910 28,027
AMERICAN EXPRESS CO 2.55% 04 MAR 2027 280,939 285,885
AMERICAN EXPRESS CO 5.85% 05 NOV 2027 261,770 260,685
AMERICAN HONDA FINANCE CORP 1.8% 13 JAN 2031 210,768 211,695
AMGEN INC 3.15% 21 FEB 2040 14,740 15,563
AMGEN INC 4.663% 15 JUN 2051 8,627 9,090
ANHEUSER-BUSCH COS LLC / ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.9% 01 FEB 2046 37,076 38,251
APPLE INC 4.65% 23 FEB 2046 38,401 39,457
ARKANSAS ST TXBL 28 JUN 2023 4.25% 240,810 250,155
ATMOS ENERGY CORP 4.15% 15 JAN 2043 39,141 40,664
AT&T INC 3.55% 15 SEP 2055 41,108 43,139
BANK OF AMERICA CORP 5.5% 19 MAY 250,000 245,503
BANK OF AMERICA CORP STEP CPN 5.05% 250,000 243,778
BANK OF AMERICA CORP VARIABLE 3.559% 159,530 163,617
BANK OF AMERICA CORP VARIABLE 3.824% 1/20/2028 70,181 72,059
BANK OF NEW YORK MELLON CORP/THE 3.3% 8/23/2029 233,885 234,224
BANK OF NEW YORK MELLON CORP/THE 3.65% 04 FEB 2024 136,934 138,711
BEAUMONT TX INDEP SCH DIST BUILD AMERICA BONDS 01 MAY 2010 5.81% 15 FEB 2038 498,000 500,265
BERKSHIRE HATHAWAY ENERGY CO 6.125% 47,769 48,852
BLACKROCK INC 2.1% 25 FEB 2032 209,628 209,148
BP CAPITAL MARKETS AMERICA INC 3.633% 68,559 71,915
BRISTOL-MYERS SQUIBB CO 2.9% 26 JUL 163,464 166,715
BRISTOL-MYERS SQUIBB CO 2.95% 15 MAR 226,910 222,516
BRISTOL-MYERS SQUIBB CO 4.25% 26 OCT 17,302 17,355
BRITISH TELECOMMUNICATIONS PLC 9.625% 15 DEC 2030 54,053 55,683
BROWN & BROWN INC 2.375% 15 MAR 2031 54,331 57,481
BROWN & BROWN INC 4.2% 15 SEP 2024 32,202 32,641
BUNGE LTD FINANCE CORP 2.75% 14 MAY 2031 53,788 56,686
CANADIAN NATURAL RESOURCES LTD 3.85% 6/1/2027 65,316 68,057
CANADIAN PACIFIC RAILWAY CO 7.125% 15 OCT 2031 45,349 45,428
CAPITAL ONE FINANCIAL CORP VARIABLE 5.468% 01 FEB 2029 58,859 59,823
CATERPILLAR INC 1.9% 12 MAR 2031 211,820 215,078
CATERPILLAR INC 2.6% 09 APR 2030 30,757 31,883
CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPI 41,738 44,523
CHEVRON USA INC 3.25% 15 OCT 2029 471,288 475,482
CITIGROUP INC VARIABLE 4.412% 31 MAR 2031 111,524 114,774
COCA-COLA CO/THE 1.375% 15 MAR 2031 202,148 206,404
COCA-COLA CO/THE 2.25% 05 JAN 2032 212,455 218,065
COMCAST CORP 2.35% 15 JAN 2027 234,298 234,685
COMCAST CORP 2.65% 01 FEB 2030 224,493 225,058
COMCAST CORP 3.9% 01 MAR 2038 51,364 53,637
COMCAST CORP 4.15% 15 OCT 2028 238,920 246,518
CONSTELLATION BRANDS INC 3.15% 01 AUG 2029 48,000 51,159
COSTCO WHOLESALE CORP 1.375% 20 JUN 2027 224,600 226,833
COSTCO WHOLESALE CORP 1.6% 20 APR 2030 20,558 21,416
CSX CORP 6.22% 30 APR 2040 37,340 39,360
CVS HEALTH CORP 4.78% 25 MAR 2038 13,548 14,248
CVS HEALTH CORP 5.125% 20 JUL 2045 9,431 9,491
CVS HEALTH CORP 5.25% 21 FEB 2033 15,213 15,333
DELL INTERNATIONAL LLC / EMC CORP 4.9% 10/1/2026 77,672 80,127
DELTA AIR LINES INC 2.9% 28 OCT 2024 19,167 19,467
DEUTSCHE TELEKOM INTERNATIONAL FINANCE BV 8.75% 15 JUN 2030 52,988 54,196
DEVON ENERGY CORP 5.6% 15 JUL 2041 13,903 14,512
DIGITAL REALTY TRUST LP 4.45% 15 JUL 2028 51,697 53,730
EIDP INC 2.3% 15 JUL 2030 41,981 43,811
ELEVANCE HEALTH INC 2.55% 15 MAR 2031 41,776 43,352
ELI LILLY & CO 4.7% 27 FEB 2033 258,375 256,978
ENBRIDGE INC 3.4% 01 AUG 2051 17,315 18,289
ENERGY TRANSFER LP 4.95% 15 JUN 2028 33,647 34,896
ENTERPRISE PRODUCTS OPERATING LLC 4.85% 15 MAR 2044 31,312 33,740
EQUINOR ASA 5.1% 17 AUG 2040 34,743 35,979
EXXON MOBIL CORP 2.44% 16 AUG 2029 223,285 227,677
FEDEX CORP 2020-1 CLASS AA PASS THROUGH TRUST 1.875% 20 FEB 2034 68,962 69,757
FISERV INC 3.5% 01 JUL 2029 57,650 61,208
FORD MOTOR CO 3.25% 12 FEB 2032 15,195 16,652
FRISCO TX TXBL-SER-B 01 JUL 2023 5% 15 FEB 2030 270,687 274,983
GENERAL MOTORS CO 6.125% 01 OCT 2025 45,187 45,614
GENERAL MOTORS FINANCIAL CO INC 2.9% 2/26/2025 42,815 43,665
GENERAL MOTORS FINANCIAL CO INC 5.85% 4/6/2030 24,928 25,820
GILEAD SCIENCES INC 4.8% 01 APR 2044 23,353 24,100
GOLDMAN SACHS GROUP INC/THE 3.85% 1/26/2027 244,770 243,188
GOLDMAN SACHS GROUP INC/THE VARIABLE 3.691% 05 JUN 2028 106,475 109,876
HAWAII ST BUILD AMERICA BONDS-TAXABLE-SE 18 FEB 2010 5.48% 2/1/2028 254,480 259,778
HAYS TX CONSOL INDEP SCH DIST TXBL-REF-SER B 01 OCT 2020 1.674% 15 FEB 2031 210,545 210,060
HCA INC 5.375% 01 FEB 2025 14,892 14,980
HCA INC 5.5% 01 JUN 2033 29,878 30,520
HERSHEY CO/THE 2.45% 15 NOV 2029 227,205 226,659
HOME DEPOT INC/THE 1.375% 15 MAR 2031 204,418 204,583
HOME DEPOT INC/THE 4.5% 06 DEC 2048 35,976 37,883
IBERDROLA INTERNATIONAL BV 5.81% 15 MAR 2025 47,149 47,217
IBERDROLA USA INC 6.75% 15 JUL 2036 38,114 40,173
INTEL CORP 3.734% 08 DEC 2047 26,123 28,427
INTEL CORP 4.875% 10 FEB 2028 254,054 254,170
INTERNATIONAL BUSINESS MACHINES CORP 4.5% 06 FEB 2028 250,169 251,375
INTERNATIONAL PAPER CO 6% 15 NOV 2041 25,255 26,494
INTERPUBLIC GROUP OF COS INC/THE 4.75% 3/30/2030 28,595 29,543
IOWA PARK TX INDEP SCH DIST TXBL-REF 01 SEP 2020 2% 01 FEB 2035 193,438 190,378
JPMORGAN CHASE & CO 5.25% 30 MAY 2033 250,000 244,818
JPMORGAN CHASE & CO VARIABLE 3.54% 5/1/2028 14,231 14,315
JPMORGAN CHASE & CO VARIABLE 3.96% 1/29/2027 229,116 234,439
JPMORGAN CHASE FINANCIAL CO LLC 5.5% 7/31/2028 250,000 250,233
KANSAS ST DEPT OF TRANSPRTN HI BUILD AMERICA BONDS 01 SEP 2010 4.596% 9/1/20 228,943 248,358
KIMBERLY-CLARK CORP 3.95% 01 NOV 2028 244,563 246,611
KINDER MORGAN INC 2% 15 FEB 2031 27,182 29,113
LOUISIANA ST UNIV & AGRIC & ME TXBL-REF-AUXILIARY 18 DEC 2019 2.646% 7/1/202 229,685 230,968
MAGNOLIA TX INDEP SCH DIST TXBL-REF-SER A 01 NOV 2020 3.5% 15 AUG 2032 239,028 230,910
MARTIN MARIETTA MATERIALS INC 2.5% 15 MAR 2030 38,297 39,672
MARVELL TECHNOLOGY INC 2.95% 15 APR 2031 36,118 39,324
MASTERCARD INC 1.9% 15 MAR 2031 209,813 213,627
MCKINNEY TX TXBL-SER B 01 NOV 2023 5.379% 15 AUG 2034 100,000 105,151
MERCEDES TX INDEP SCH DIST QUALIFIED SCH CONSTRUCTION BON 01 MAR 2014 4.7% 1 250,155 250,165
MERCK & CO INC 2.15% 10 DEC 2031 208,323 213,830
META PLATFORMS INC 3.5% 15 AUG 2027 236,603 243,445
METLIFE INC 3.6% 10 APR 2024 110,773 112,365
METLIFE INC 4.55% 23 MAR 2030 248,153 251,537
MICROCHIP TECHNOLOGY INC 4.25% 01 SEP 2025 38,642 39,396
MICROSOFT CORP 2.921% 17 MAR 2052 32,567 33,212
MISSOURI ST HLTH & EDUCTNL FAC TXBL-REF-SER A-THE WASHINGTON 26 FEB 2016 3.4 224,830 220,880
MOHAWK INDUSTRIES INC 3.625% 15 MAY 2030 30,567 32,425
MORGAN STANLEY 3.625% 20 JAN 2027 239,793 242,529
MORGAN STANLEY VARIABLE 4.21% 20 APR 2028 132,889 136,839
NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.8% 15 JAN 2033 56,576 58,244
NETFLIX INC 5.875% 15 FEB 2025 10,026 10,082
NEXTERA ENERGY CAPITAL HOLDINGS INC 2.25% 01 JUN 2030 28,491 29,956
NNN REIT INC 2.5% 15 APR 2030 20,667 21,494
NORTHROP GRUMMAN CORP 4.03% 15 OCT 2047 24,980 25,785
NUCOR CORP 2.7% 01 JUN 2030 55,151 58,916
NUTRIEN LTD 2.95% 13 MAY 2030 38,412 40,688
NVIDIA CORP 2.85% 01 APR 2030 39,498 41,617
OKLAHOMA CITY OK PUBLIC PROPER TXBL 20 JUN 2023 5.14% 01 OCT 2033 250,000 255,345
OKLAHOMA GAS AND ELECTRIC CO 3.8% 15 AUG 2028 32,766 33,861
OKLAHOMA GAS AND ELECTRIC CO 5.4% 15 JAN 2033 10,134 10,468
ORANGE SA 9% 01 MAR 2031 60,398 61,753
PFIZER INC 1.75% 18 AUG 2031 203,275 207,859
PFIZER INVESTMENT ENTER 5.11% 19 MAY 2043 44,015 44,980
PRINCIPAL FINANCIAL GROUP INC 3.7% 15 MAY 2029 41,784 42,399
PROGRESS ENERGY INC 6% 01 DEC 2039 60,882 63,178
PRUDENTIAL FINANCIAL INC 3.878% 27 MAR 2028 246,338 243,650
PRUDENTIAL FINANCIAL INC 6.625% 21 JUN 2040 38,580 39,690
RELX CAPITAL INC 3% 22 MAY 2030 47,191 50,532
RHODE ISLAND ST HSG & MTGE FIN TXBL-SER 81-T-2 28 NOV 2023 6.208% 10/1/2030 250,000 264,305
RICHARDSON TX TXBL-CTFS OBLIG-SER A 24 MAY 2023 4.6% 15 FEB 2033 250,000 251,023
ROPER TECHNOLOGIES INC 2.95% 15 SEP 2029 43,093 45,866
SABRA HEALTH CARE LP 3.2% 01 DEC 2031 37,033 40,900
SHELL INTERNATIONAL FINANCE BV 6.375% 12/15/2038 55,058 57,717
SOUTHERN CO GAS CAPITAL CORP 3.25% 15 JUN 2026 33,142 33,691
SOUTHWEST AIRLINES CO 5.125% 15 JUN 2027 49,128 50,250
TARGET CORP 2.65% 15 SEP 2030 268,042 268,936
TCI COMMUNICATIONS INC 7.125% 15 FEB 2028 27,011 27,329
TELEFONICA EMISIONES SA 7.045% 20 JUN 2036 36,880 39,676
TENNESSEE HSG DEV AGY RSDL FIN TXBL-SUSTAINABLE BOND-SER 1-B 25 APR 2023 4.9 250,000 251,213
TEXAS ST TRANSPRTN COMMISSIONS TAXABLE-FIRST TIER-SER B-BUILD 05 AUG 2010 5. 247,000 255,768
TEXAS ST TXBL 08 FEB 2017 3.771% 01 OCT 2032 236,250 236,945
TEXAS ST TXBL 29 AUG 2023 4.8% 01 OCT 2034 250,000 254,605
TEXAS ST TXBL-REF-PUB FIN AUTH-SER A 15 NOV 2023 6.069% 01 OCT 2035 250,000 271,093
TEXAS ST TXBL-REF-WTR FINL ASSISTANCE-S 20 JUN 2017 3.36% 01 AUG 2030 230,170 236,478
T-MOBILE USA INC 5.65% 15 JAN 2053 14,852 15,618
TOYOTA MOTOR CREDIT CORP 3.375% 01 APR 2030 278,264 277,688
TOYOTA MOTOR CREDIT CORP 5.25% 11 SEP 2028 251,340 259,091
UDR INC 3% 15 AUG 2031 21,607 22,134
UNION PACIFIC CORP 2.8% 14 FEB 2032 212,688 222,215
UNITEDHEALTH GROUP INC 3.5% 15 FEB 2024 159,189 161,580
UNITEDHEALTH GROUP INC 4.625% 15 NOV 2041 18,601 19,181
UTAH HSG CORP SF MTGE REVENUE TXBL-SER B 03 JAN 2024 5.737% 01 JAN 2031 100,000 103,632
VALERO ENERGY CORP 6.625% 15 JUN 2037 31,587 32,962
VENTAS REALTY LP 3.75% 01 MAY 2024 118,063 120,144
VERIZON COMMUNICATIONS INC 3.4% 22 MAR 2041 41,575 43,941
VERIZON COMMUNICATIONS INC 4.329% 21 SEP 2028 38,090 39,570
VIRGINIA ELECTRIC AND POWER CO 4.65% 8/15/2043 35,686 36,797
VODAFONE GROUP PLC 6.15% 27 FEB 2037 26,790 28,125
WALMART INC 3.25% 08 JUL 2029 237,630 240,123
WALMART INC 4.15% 09 SEP 2032 248,296 250,372
WARNERMEDIA HOLDINGS INC 4.279% 15 MAR 2032 17,378 18,304
WASTE MANAGEMENT INC 2% 01 JUN 2029 219,233 222,505
WASTE MANAGEMENT INC 7% 15 JUL 2028 276,088 277,724
WELLS FARGO & CO VARIABLE 2.879% 30 OCT 2030 8,694 8,890
WELLS FARGO & CO VARIABLE 3.584% 22 MAY 2028 101,792 104,783
WILMINGTON NC LTD OBLG REVENUE TXBL-SER C 12 JUL 2023 4.837% 01 SEP 2033 250,000 253,848
WISCONSIN ST UNREFUNDED-TXBL-REF-SER 3 15 JUL 2020 1.836% 01 MAY 2033 189,490 195,062
WRKCO INC 3.375% 15 SEP 2027 41,307 42,467
CLASSIC CTR AUTH FOR CLARKE CN TXBL-CLASSIC CTR ARENA PROJECT 10 OCT 2023 5. 250,000 262,140
MET GOVT NASHVILLE & DAVIDSON TXBL-REF-SER B 18 FEB 2021 1.336% 01 JUL 2029 212,385 212,040
BAIRD AGGREGATE BOND FUND 3,801,850 3,904,817
FIDELITY INVESTMENT GRADE BOND FUND 3,801,850 3,892,880
JPMORGAN CORE PLUS BOND FUND 1,628,573 1,655,944
PGIM HIGH YIELD FUND 1,086,150 1,131,505
VANGUARD HIGH-YIELD CORPORATE FUND 3,068,742 3,223,251
PIONEER MULTI-ASSET INCOME FUND 3,999,999 4,110,449
ABSOLUTE CONVERTIBLE ARBITRAGE FUND 772,380 772,380
AMERICAN BEACON AHL MANAGED FUTURES STRATEGY FUND 910,181 869,807
BLACKROCK TACTICAL OPPORTUNITIES FUND 817,087 760,440
CALAMOS MARKET NEUTRAL INCOME FUND 1,827,179 1,846,714
GMO OPPORTUNISTIC INCOME FUND 728,145 726,020
JPMORGAN HEDGED EQUITY FUND 1,545,197 1,721,687
JPMORGAN STRATEGIC INCOME OPPORTUNITIES FUND 738,529 735,315
VANGUARD EMERGING MARKETS BOND FUND 541,263 567,727

TY 2023 InvestmentsOtherSchedule2
Name:
MICHAEL AND NOEMI NEIDORFF FAMILY
 
FOUNDATION
EIN:
92-1373749
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
FLOWSTONE OPPORTUNITY FUND AT COST 3,000,000 3,000,000
CRESSET PARTNERS PRIVATE CREDIT FUND, LLC AT COST 1,950,000 1,950,000
GP 2023-2024 PRIVATE EQUITY STRATEGIES AT COST 140,906 160,000
HPS SPECIALTY LOAN INSTITUTIONAL FUND VI-L, LP AT COST 2,097 0

TY 2023 OtherExpensesSchedule
Name:
MICHAEL AND NOEMI NEIDORFF FAMILY
 
FOUNDATION
EIN:
92-1373749
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ORDINARY UBTI LOSS - K-1 GP 2023-2024 PRIVATE 5,511 0   0
INVESTMENT EXPENSES - REGIONS 9,563 9,563   0
INVESTMENT EXPENSES - K-1 GP 2023-2024 PRIVATE 10,864 10,864   0
INVESTMENT EXPENSES - K-1 HPS SPECIALTY 252 252   0
NONDEDUCTIBLE EXPENSES - K-1 GP 2023-2024 PRIVATE 1 0   0


TY 2023 OtherIncomeSchedule2
Name:
MICHAEL AND NOEMI NEIDORFF FAMILY
 
FOUNDATION
EIN:
92-1373749
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME - REGIONS 94,072 94,072 94,072
OTHER INCOME - K-1 HPS SPECIALTY LOAN 2,349 2,349 2,349
OTHER INCOME - K-1 GP 2023-2024 PRIVATE 2,852 2,852 2,852
NONDIVIDEND DISTRIBUTIONS - REGIONS 11,026 0 11,026


TY 2023 OtherIncreasesSchedule
Name:
MICHAEL AND NOEMI NEIDORFF FAMILY
 
FOUNDATION
EIN:
92-1373749
Description Amount
MARK TO DONOR'S BASIS 1,866,360


TY 2023 OtherProfessionalFeesSchedule
Name:
MICHAEL AND NOEMI NEIDORFF FAMILY
 
FOUNDATION
EIN:
92-1373749
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES - REGIONS 708,467 708,467   0


TY 2023 TaxesSchedule
Name:
MICHAEL AND NOEMI NEIDORFF FAMILY
 
FOUNDATION
EIN:
92-1373749
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES - REGIONS 74,814 74,814   0
ESTIMATED PAYMENTS 1,974 0   0
EXTENSION PAYMENTS 4 0   0