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
WILLIAM S ABELL FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)2 WISCONSIN CIRCLE 700
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHEVY CHASE, MD208157033
A Employer identification number

52-1435573
B Telephone number (see instructions)

(240) 835-1831
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$73,635,586J Accounting method:
Modified Cash
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 31,331 31,331  
4 Dividends and interest from securities... 609,602 679,473  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,003,337
b Gross sales price for all assets on line 6a 14,680,369
7 Capital gain net income (from Part IV, line 2)... 300,195
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
72,080 14,233  
12 Total. Add lines 1 through 11........ 1,716,350 1,025,232  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 226,109 22,611   203,498
14 Other employee salaries and wages...... 71,110 0   71,110
15 Pension plans, employee benefits....... 34,058 3,406   30,652
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
3,612 0   3,612
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
43,349 30,761   10,838
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
416,098 451,355   74,857
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
21,935 22,167   0
19 Depreciation (attach schedule) and depletion... 90 0  
20 Occupancy.............. 82,153 0   82,153
21 Travel, conferences, and meetings....... 7,121 37   7,084
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
21,237 12,287   12,270
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 926,872 542,624   496,074
25 Contributions, gifts, grants paid....... 3,210,876 3,154,880
26 Total expenses and disbursements. Add lines 24 and 25 4,137,748 542,624   3,650,954
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,421,398
b Net investment income (if negative, enter -0-) 482,608
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............. 0 374,340 374,340
2 Savings and temporary cash investments......... 3,435,671 2,336,109 2,336,109
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) 532,569 Click to see attachment
List of Attached Documents:
// Content
916,011 		916,011
b Investments—corporate stock (attach schedule)....... 38,307,607 Click to see attachment
List of Attached Documents:
// Content
11,693,511 		11,693,511
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow121,143
Less: accumulated depreciation (attach schedule) right arrow118,492   Click to see attachment
List of Attached Documents:
// Content
2,651 		2,651
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 27,393,097 Click to see attachment
List of Attached Documents:
// Content
57,802,433 		57,802,433
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow   2,741 0 0
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
509,562 		Click to see attachment
List of Attached Documents:
// Content
510,531 		Click to see attachment
List of Attached Documents:
// Content
510,531
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 70,181,247 73,635,586 73,635,586
Liabilities 17 Accounts payable and accrued expenses.......... 87,596 80,000
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,508,222 		Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 1,595,818 80,000
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........... 68,585,429 73,555,586
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 68,585,429 73,555,586
30 Total liabilities and net assets/fund balances (see instructions). 70,181,247 73,635,586
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
68,585,429
2
Enter amount from Part I, line 27a .....................
2
-2,421,398
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
7,391,555
4
Add lines 1, 2, and 3 ..........................
4
73,555,586
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
73,555,586
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 USBANK INVESTMENTS     2023-12-31
b PARTNERSHIP INVESTMENTS K-1 P   2023-12-31
c CAPITAL GAINS DIVIDENDS 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 14,680,178   13,677,032 1,003,146
b     703,142 -703,142
c 191     191
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       1,003,146
b       -703,142
c       191
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 2 300,195
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 6,708
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 6,708
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 6,708
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 60,067
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 60,067
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 53,359
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow53,359 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA, MD
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 arrowWILLIAMSABELLFOUNDATION.ORG
14
The books are in care ofright arrowJANET MILLER Telephone no.right arrow (240) 835-1831

Located atright arrow2 WISCONSIN CIRCLE 700CHEVY CHASEMD ZIP+4right arrow208157033
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
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
ARYN CASTLE TRUSTEE
1.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
CHRISTINA CASTLE PRESIDENT
5.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
CINDY WORK ABELL TRUSTEE
1.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
CLEO SCHNEIDER TRUSTEE
1.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
ELEANOR NURMI VICE PRESIDENT
8.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
ELIZABETH SITES TRUSTEE
1.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
GREG ABELL TRUSTEE
1.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
JAMISON SITES TRUSTEE
1.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
JANET R MILLER EXECUTIVE DIRECTOR
40.00 		226,109 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
JENNIFER SHOOP TRUSTEE
1.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
JESSICA GANJAMIE TRUSTEE
1.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
KELLEY ABELL CHAIR
1.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
KEVIN O'C ABELL TRUSTEE
5.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
LANDON SHOOP TRUSTEE
1.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
MAY KATHRYN NOLAN TRUSTEE
1.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
MIKE NOLAN TREASURER
1.00 		0 0 0
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
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
INTERNATIONAL PHILANTHROPY LLC CONSULTING 81,000
4801 HAMPDEN LANE UNIT 106
BETHESDA,MD20814
FLEX PROFESSIONALS STAFFING SERVICES 78,276
10300 EATON PLACE SUITE 440
FAIRFAX,VA22030
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
71,179,369
b
Average of monthly cash balances.......................
1b
542,306
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
71,721,675
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
71,721,675
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,075,825
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
70,645,850
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,532,293
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
3,532,293
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
6,708
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
448
c
Add lines 2a and 2b............................
2c
7,156
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,525,137
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,525,137
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
3,525,137
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
3,650,954
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
3,650,954
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 3,525,137
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 199,453
b From 2019......  
c From 2020...... 253,799
d From 2021......  
e From 2022...... 428,172
f Total of lines 3a through e ........ 881,424
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 3,650,954
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 3,525,137
e Remaining amount distributed out of corpus 125,817
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 1,007,241
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		199,453
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		807,788
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020.... 253,799
c Excess from 2021....  
d Excess from 2022.... 428,172
e Excess from 2023.... 125,817
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 e-mail address of the person to whom applications should be addressed:
JANET MILLER EXECUTIVE DIRECTOR
2 WISCONSIN CIRCLE SUITE 700
CHEVY CHASE,MD208157033
(240) 835-1831
bThe form in which applications should be submitted and information and materials they should include:
THE BOARD APPROVES GRANTS ON A CASE BY CASE BASIS AFTER REVIEWING INFORMATION SUBMITTED BY APPLICANTS.
cAny submission deadlines:
THE FOUNDATION HAS ADOPTED A TWO CYCLE PER YEAR FUNDING PROGRAM.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
N/A
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

ALZHEIMER'S DISEASE AND RELATED DISORDER ASSOCIATION

502 WASHINGTON AVE 300
BALTIMORE,MD21204 		  PUBLIC CHARITY EMERGENCY FUND GRANTS 1,000

BALTIMORE HUNGER PROJECT

9596 DEERECO ROAD
TIMONIUM,MD21093 		  PUBLIC CHARITY EMERGENCY FUND GRANTS 1,000

ST JAMES CATHOLIC CHURCH

905 PARK AVENUE
FALLS CHURCH,VA22046 		  PUBLIC CHARITY EMERGENCY FUND GRANTS 1,000

ST JAMES CATHOLIC SCHOOL

906 PARK AVENUE
FALLS CHURCH,VA22047 		  PUBLIC CHARITY HUNGRY GRANT 1,000

GENERATION HOPE

1401 OKIE STREET NORTHEAST STE 300
WASHINGTON,DC20002 		  PUBLIC CHARITY EMERGENCY FUND GRANTS 2,000

CARITAS OF AUSTIN

611 NECHES STREET
AUSTIN,TX78701 		  PUBLIC CHARITY EMERGENCY FUND GRANTS 2,000

CHRIST CHILD SOCIETY

5105 WISCONSIN AVE NW 102
WASHINGTON,DC20020 		  PUBLIC CHARITY WOMEN AND CHILDREN GRANT 10,000

CHRIST CHILD SOCIETY

5102 WISCONSIN AVE NW 102
WASHINGTON,DC20017 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 10,000

CHRIST CHILD SOCIETY

5101 WISCONSIN AVE NW 102
WASHINGTON,DC20016 		  PUBLIC CHARITY HOMELESS GRANT 10,000

HELP DEVELOPMENT CORP

115 E 13TH ST
NEW YORK,NY10003 		  PUBLIC CHARITY HOMELESS GRANT 10,000

JOSEPH'S HOUSE INC

2483 ONTARIO ROAD NW
WASHINGTON,DC20010 		  PUBLIC CHARITY INNOVATION GRANT 20,000

MARTHA'S TABLE

2375 ELVANS ROAD SOUTHEAST
WASHINGTON,DC20020 		  PUBLIC CHARITY HUNGRY GRANT 25,000

PROJECT CREATE

2208 MARTIN LUTHER KING JR AVE SE
WASHINGTON,DC20020 		  PUBLIC CHARITY HOMELESS GRANT 25,000

PREGNANCY AID CENTERS INC

4700 ERIE STREET
COLLEGE PARK,MD20740 		  PUBLIC CHARITY NEEDY PREGNANT WOMEN GRANT 25,000

PASSION AND COMPASSION INC

5600 TAYLOR ROAD
RIVERDALE PARK,MD20737 		  PUBLIC CHARITY HUNGRY GRANT 25,000

PALS PROGRAMS

4965 GRUNDY WAY
DOYLESTOWN,PA18902 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

KID POWER INC

400 E STREET SOUTHWEST
WASHINGTON,DC20024 		  PUBLIC CHARITY HUNGRY GRANT 25,000

OPPORTUNITIES INC

5100 PHILADELPHIA WAY
LANHAM,MD20706 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

MIRIAM'S KITCHEN

2401 VIRGINIA AVE NW
WASHINGTON,DC20037 		  PUBLIC CHARITY HOMELESS GRANT 25,000

LIFT INC

999 NORTH CAPITOL STREET NORTHEAST
SUITE 310
WASHINGTON,DC20002 		  PUBLIC CHARITY HOMELESS GRANT 25,000

OLNEY HELP

14716 GEORGIA AVENUE
ROCKVILLE,MD20853 		  PUBLIC CHARITY HUNGRY GRANT 25,000

LUMINA STUDIO THEATRE INC

8641 COLESVILLE ROAD
SILVER SPRING,MD20910 		  PUBLIC CHARITY MARGARET ABELL POWELL FUND GRANT 25,000

MANNA FOOD CENTER INC

9311 GAITHER ROAD
GAITHERSBURG,MD20877 		  PUBLIC CHARITY COVID RELIEF GRANT 25,000

NICK'S PLACE INC

4514 LINCOLN AVENUE
BELTSVILLE,MD20705 		  PUBLIC CHARITY HOMELESS GRANT 25,000

PROMISE LANDING FARM INC

16900 CLAGETT LANDING ROAD
UPPER MARLBORO,MD20774 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

NETWORK FOR VICTIM RECOVERY OF DC

6955 WILLOW ST NW 501
WASHINGTON,DC20012 		  PUBLIC CHARITY WOMEN AND CHILDREN GRANT 25,000

LOAVES & FISHES PROGRAM

1525 NEWTON STREET NW
WASHINGTON,DC20010 		  PUBLIC CHARITY HUNGRY GRANT 25,000

QUALITY TRUST FOR INDIVIDUALS

4301 CONNECTICUT AVENUE NORTHWEST
SUITE 310
WASHINGTON,DC20008 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

SAMARITAN MINISTRY OF GREATER WASHINGTON

1516 HAMILTON STREET NW
WASHINGTON,DC20011 		  PUBLIC CHARITY HOMELESS GRANT 25,000

RECOVERY CAFE

1640 COLUMBIA ROAD NW
WASHINGTON,DC20009 		  PUBLIC CHARITY HOMELESS GRANT 25,000

TRAINING SOURCE INC

59 YOST PLACE
SEAT PLEASANT,MD20743 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

THRIVE DC

1525 NEWTON STREET NW SUITE G
WASHINGTON,DC20010 		  PUBLIC CHARITY HOMELESS GRANT 25,000

THE SHEPHERD'S TABLE INC

8106 GEORGIA AVE
SILVER SPRING,MD20910 		  PUBLIC CHARITY HOMELESS GRANT 25,000

THE GABRIEL PROJECT INC

2137 DEFENSE HIGHWAY
CROFTON,MD211142546 		  PUBLIC CHARITY NEEDY PREGNANT WOMEN GRANT 25,000

THE ARC OF MONTGOMERY COUNTY INC

7362 CALHOUN PL
ROCKVILLE,MD20855 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

THE ANNE FRANK HOUSE INC

2850 QUEBEC STREET NW
WASHINGTON,DC20008 		  PUBLIC CHARITY HOMELESS GRANT 25,000

THE ACADEMY OF THE HOLY CROSS

4920 STRATHMORE AVENUE
KENSINGTON,MD20895 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

SUNFLOWER BAKERY INC

5951 HALPINE ROAD
ROCKVILLE,MD20851 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

RAINBOW COMMUNITY DEVELOPMENT CENTER

2120-A INDUSTRIAL PARKWAY
SILVER SPRING,MD20904 		  PUBLIC CHARITY HUNGRY GRANT 25,000

STEPPING STONES SHELTER INC

1070 COPPERSTONE CT
ROCKVILLE,MD20852 		  PUBLIC CHARITY EMERGENCY FUND GRANTS 25,000

ST JOSEPH'S HOUSE LTD

4000 OLIVER ST
HYATTSVILLE,MD20782 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

ST COLETTA OF GREATER WASHINGTON INC

1901 INDEPENDENCE AVE SE
WASHINGTON,DC20003 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

ST AUGUSTINE CATHOLIC SCHOOL

1421 V STREET NW
WASHINGTON,DC20009 		  PUBLIC CHARITY HUNGRY GRANT 25,000

SOUTHERN MARYLAND COMMUNITY RESOURCES

29958 KILLPECK CREEK COURT
CHARLOTTE HALL,MD20622 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

SHAKESPEARE THEATRE COMPANY

516 EIGHTH STREET SE
WASHINGTON,DC200032838 		  PUBLIC CHARITY MARGARET ABELL POWELL FUND GRANT 25,000

JUBILEE ASSOCIATION OF MARYLAND

10408 MONTGOMERY AVE
KENSINGTON,MD20895 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

ROSARIA COMMUNITIES FOUNDATION INC

15400 CALHOUN DR 125
ROCKVILLE,MD20855 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

RED WIGGLER FOUNDATION INC

23400 RIDGE ROAD
GERMANTOWN,MD20876 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

ST MARTIN OF TOURS

201 S FREDERICK AVE
GAITHERSBURG,MD20877 		  PUBLIC CHARITY HUNGRY GRANT 25,000

JHP INC

1526 PENNSYLVANIA AVE SE
WASHINGTON,DC20003 		  PUBLIC CHARITY HOMELESS GRANT 25,000

WASHINGTON SCHOOL FOR GIRLS

1901 MISSISSIPPI AVENUE SOUTHEAST
WASHINGTON,DC20020 		  PUBLIC CHARITY HUNGRY GRANT 25,000

WASHINGTON BALLET

3515 WISCONSIN AVENUE NORTHWEST
WASHINGTON,DC20016 		  PUBLIC CHARITY MARGARET ABELL POWELL FUND GRANT 25,000

CATHOLIC CHARITIES

CATHOLIC CHARITIES OF THE ARCHDIOCE
E OF WASHINGTON INC
WASHINGTON,DC20004 		  PUBLIC CHARITY ST. JOSEPHINE BAKHITA SHELTER-2023 GRANT 25,000

CHURCH OF THE EPIPHANY

1317 G STREET NW
WASHINGTON,DC20005 		  PUBLIC CHARITY HOMELESS GRANT 25,000

CATHOLIC CHARITIES

CATHOLIC CHARITIES OF THE ARCHDIOCE
E OF WASHINGTON INC
WASHINGTON,DC20003 		  PUBLIC CHARITY SPANISH CATHOLIC CENTER FOOD PANTRY 25,000

CATHOLIC CHARITIES

CATHOLIC CHARITIES OF THE ARCHDIOCE
E OF WASHINGTON INC
WASHINGTON,DC20002 		  PUBLIC CHARITY SOUTHERN MD FOOD BANK - 2023 25,000

DANCE INSTITUTE OF WASHINGTON INC

3400 14TH STREET NW
WASHINGTON,DC20010 		  PUBLIC CHARITY MARGARET ABELL POWELL FUND GRANT 25,000

JOSEPH'S HOUSE INC

2482 ONTARIO ROAD NW
WASHINGTON,DC20009 		  PUBLIC CHARITY HOMELESS GRANT 25,000

CALVARY WOMEN'S SERVICES INC

1217 GOOD HOPE ROAD SE
WASHINGTON,DC20020 		  PUBLIC CHARITY HOMELESS GRANT 25,000

BISHOP MCNAMARA HIGH SCHOOL

6800 MARLBORO PIKE
FORESTVILLE,MD20747 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

EASTER SEALS OF GREATER WASHINGTON

1420 SPRING STREET
SILVER SPRING,MD20910 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

ENCORE STAGE & STUDIO

3701 LORCOM LANE
ARLINGTON,VA22207 		  PUBLIC CHARITY MARGARET ABELL POWELL FUND GRANT 25,000

FAIR GIRLS

2021 L STREET NW 254
WASHINGTON,DC20036 		  PUBLIC CHARITY WOMEN AND CHILDREN GRANT 25,000

BETHESDA HELP

2885 APACHE COURT
THE VILLAGES,FL32163 		  PUBLIC CHARITY HUNGRY GRANT 25,000

CHARLIE'S PLACE AT ST MARGARET'S

1830 CONNECTICUT AVE NW
WASHINGTON,DC20009 		  PUBLIC CHARITY HUNGRY GRANT 25,000

FATHER MCKENNA CENTER

19 EYE STREET NW
WASHINGTON,DC20001 		  PUBLIC CHARITY HOMELESS GRANT 25,000

BETHESDA CARES INC

415 L ST NW APT 235
WASHINGTON,DC20001 		  PUBLIC CHARITY HOMELESS GRANT 25,000

FRIENDS OF COMPASS INC

1720 N STREET NW
WASHINGTON,DC20036 		  PUBLIC CHARITY HOMELESS GRANT 25,000

ADVENTURE THEATRE

7300 MACARTHUR BLVD
GLEN ECHO,MD20812 		  PUBLIC CHARITY MARGARET ABELL POWELL FUND GRANT 25,000

IVYMOUNT SCHOOL INC

11614 SEVEN LOCKS ROAD
ROCKVILLE,MD20854 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

INTERFAITH WORKS INC

114 W MONTGOMERY AVE
ROCKVILLE,MD20850 		  PUBLIC CHARITY HOMELESS GRANT 25,000

INTEGRATED LIVING OPPORTUNITIES

5603 POTOMAC AVE NW
WASHINGTON,DC20016 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

IMAGINATION STAGE INC

4908 AUBURN AVENUE
BETHESDA,MD20814 		  PUBLIC CHARITY MARGARET ABELL POWELL FUND GRANT 25,000

FRESH FARM MARKETS INC

1110 15TH STREET NORTHWEST WEWORK
4TH FLOOR
WASHINGTON,DC20005 		  PUBLIC CHARITY HUNGRY GRANT 25,000

CATHOLIC CHARITIES

CATHOLIC CHARITIES OF THE ARCHDIOCE
E OF WASHINGTON INC
WASHINGTON,DC20001 		  PUBLIC CHARITY SANCTUARIES FOR LIFE - 2023 GRANT 25,000

HOUSING UNLIMITED INC

12125 VEIRS MILL ROAD SUITE 201
SILVER SPRING,MD20906 		  PUBLIC CHARITY HOMELESS GRANT 25,000

BALLET ARTS ACADEMY

PO BOX 352
BRANDYWINE,MD20613 		  PUBLIC CHARITY MARGARET ABELL POWELL FUND GRANT 25,000

HOLY CROSS HOSPITAL

10720 COLUMBIA PIKE
SILVER SPRING,MD20901 		  PUBLIC CHARITY NEEDY PREGNANT WOMEN GRANT 25,000

GREENWELL FOUNDATION INC

25450 ROSEDALE MANOR LANE
HOLLYWOOD,MD206360198 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 25,000

GAITHERSBURG HELP INC

301 MUDDY BRANCH ROAD
GAITHERSBURG,MD20878 		  PUBLIC CHARITY HUNGRY GRANT 25,000

FRIENDSHIP PLACE

4713 WISCONSIN AVENUE NORTHWEST
WASHINGTON,DC20016 		  PUBLIC CHARITY HOMELESS GRANT 25,000

CAREERCATCHERS INC

8720 GEORGIA AVENUE SUITE 205
SILVER SPRING,MD20910 		  PUBLIC CHARITY WOMEN AND CHILDREN GRANT 27,000

CHRIST CHILD SOCIETY

5103 WISCONSIN AVE NW 102
WASHINGTON,DC20018 		  PUBLIC CHARITY NEEDY PREGNANT WOMEN GRANT 35,000

ANNUNCIATION CATHOLIC SCHOOL

3810 MASSACHUSETTS AVE NW
WASHINGTON,DC20016 		  PUBLIC CHARITY WOMEN AND CHILDREN GRANT 45,000

DC FISCAL POLICY INSTITUTE INC

1275 FIRST STREET NE SUITE 1200
WASHINGTON,DC20002 		  PUBLIC CHARITY HOMELESS GRANT 50,000

FARMING 4 HUNGER INC

2015 OLIVER DR
PRINCE FREDERICK,MD20678 		  PUBLIC CHARITY HUNGRY GRANT 50,000

CHANGING PERCEPTIONS

200 MASSACHUSETTS AVENUE NORTHWEST
FLOOR 8
WASHINGTON,DC20001 		  PUBLIC CHARITY HOMELESS GRANT 50,000

A WIDER CIRCLE INC

9159 BROOKVILLE ROAD
SILVER SPRING,MD20910 		  PUBLIC CHARITY HOMELESS GRANT 50,000

COMMUNITY SOLUTIONS INTERNATIONAL INC

1005 NORTH CAPITOL STREET NORTHEAST
WASHINGTON,DC20002 		  PUBLIC CHARITY HOMELESS GRANT 60,000

DON BOSCO CRISTO REY HIGH SCHOOL

1011 LARCH AVE
TAKOMA PARK,MD20913 		  PUBLIC CHARITY HUNGRY GRANT 65,000

MAMATOTO VILLAGE INC

311 47TH STREET NE
WASHINGTON,DC20019 		  PUBLIC CHARITY 2023 SI GRANT 75,000

SOCIAL GOOD FUND

1640 COLUMBIA RD NW
WASHINGTON,DC20009 		  PUBLIC CHARITY PLATFORM OF HOPE GRANT 100,000

DC CENTRAL KITCHEN INC

2121 1ST STREET SW
WASHINGTON,DC20024 		  PUBLIC CHARITY HUNGRY GRANT 100,000

DON BOSCO CRISTO REY HIGH SCHOOL

1010 LARCH AVE
TAKOMA PARK,MD20912 		  PUBLIC CHARITY HOMELESS GRANT 100,000

SPIRIT CLUB FOUNDATION

2029 LUZERNE AVE
SILVER SPRING,MD20910 		  PUBLIC CHARITY INTELLECTUAL DISABILITIES GRANT 100,000

PATHWAY HOMES INC

10201 FAIRFAX BOULEVARD
FAIRFAX,VA22030 		  PUBLIC CHARITY HOMELESS GRANT 125,000

HORTON'S KIDS INC

400 VIRGINIA AVENUE SOUTHWEST SUITE
C130
WASHINGTON,DC20024 		  PUBLIC CHARITY EMERGENCY FUND GRANTS 150,000

JUBILEE HOUSING INC

1631 EUCLID STREET NW
WASHINGTON,DC20009 		  PUBLIC CHARITY HOMELESS GRANT 154,880
Total .................................right arrow 3a 3,154,880
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 31,331  
4 Dividends and interest from securities ....     14 609,602  
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 1,003,337  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    01 12,080  
bSUBLEASE INCOME     16 60,000  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,716,350 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,716,350
(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.
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May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
WILLIAM S ABELL FOUNDATION INC
EIN:
52-1435573
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 43,349 30,761   10,838

TY 2023 InvestmentsCorpStockSchedule
Name:
WILLIAM S ABELL FOUNDATION INC
EIN:
52-1435573
Name of Stock End of Year Book Value End of Year Fair Market Value
US BANK FOREIGN STOCKS #6493 4,585,805 4,585,805
US BANK DOMESTIC AND FOREIGN STOCKS #6495 3,455,359 3,455,359
US BANK DOMESTIC AND FOREIGN STOCKS #6494 3,652,347 3,652,347

TY 2023 InvestmentsGovtObligationsSch
Name:
WILLIAM S ABELL FOUNDATION INC
EIN:
52-1435573
US Government Securities - End of Year Book Value:

916,011
US Government Securities - End of Year Fair Market Value:

916,011
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsLandSchedule2
Name:
WILLIAM S ABELL FOUNDATION INC
EIN:
52-1435573
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LEASEHOLD IMPROVEMENTS 3,505 854 2,651 2,651
COMPUTER EQUIPMENT & SOFTWARE 30,885 30,885 0 0
WEBSITE 63,648 63,648 0 0
OFFICE FURNITURE 23,105 23,105 0 0

TY 2023 InvestmentsOtherSchedule2
Name:
WILLIAM S ABELL FOUNDATION INC
EIN:
52-1435573
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BENEFIT STREET PARTNERS IV OFFSHORE LP #6490 FMV 420,473 420,473
CARLYLE REALTY PARTNERS VIII LP #6490 FMV 265,175 265,175
CLAYTON DUBILIER RICE FD IX OFFSHORE #6490 FMV 401,244 401,244
GSO PRIVATE INVESTORS OFFSHORE II LP #6490 FMV 62,794 62,794
KILTEARN GLOBAL -PARTNERSHIP #6490 FMV 3,441,051 3,441,051
L CAPITAL ASIA OFFSHORE LP FMV 185,501 185,501
MERCER GLOBAL OPPORTUNITIES LTD #6490 FMV 1,611,632 1,611,632
MERCER HEDGE FUND INVESTORS SP-1 #6490 FMV 7,585,935 7,585,935
MERCER PRIVATE INV PART VI LP K-1 #6490 FMV 3,395,391 3,395,391
MERCER PRIVATE INV PART VII LP K-1 #6490 FMV 1,268,730 1,268,730
MEZZANINE PRIVATE INV III OFFSHORE #6490 FMV 516,477 516,477
PEG DIGITAL GROWTH FUND OFFSHORE SPECIAL II LP #6490 FMV 77,033 77,033
RIVERSTONE GLOBAL ENERGY AND POWER PRIVATE INVESTORS LP #6490 FMV 110,240 110,240
SILVER LAKE PARTNERS IV LP #6490 FMV 694,022 694,022
SLP V PRIVATE INVESTORS OFFSHORE LP #6490 FMV 496,728 496,728
SSGA SOCIALLY RESPONSIBLE US CREDIT KILTEARN GLOBAL #6490 FMV 4,032,376 4,032,376
STARWOOD SOF X PRIVATE INVESTORS OFFSHORE LP #6490 FMV 101,361 101,361
STRATEGIC PRIVATE EQUITY FUND II LP K-1 #6497 FMV 68,864 68,864
STRATEGIC PRIVATE EQUITY FUND III LP K-1 #6497 FMV 206,138 206,138
STRATEGIC S&P 500 FUND #6490 FMV 19,614,246 19,614,246
THOR URBAN PROPERTY FUND #6497 FMV 160,655 160,655
US BANK MUTUAL FUNDS #6490 FMV 5,944,601 5,944,601
VINTAGE 2015 PRIVATE INVESTMENTS OFFSHORE #6490 FMV 404,125 404,125
WARBURG PINCUS ENERGY PRIVATE INVESTORS OFFSHORE #6490 FMV 209,446 209,446
WELLINGTON ENDURING ASSETS CTF FUND #6490 FMV 2,053,439 2,053,439
BENEFIT STREET PARTNERS IV OFFSHORE LP #6492 FMV 435,048 435,048
CARLYLE REALTY PARTNERS VIII LP #6492 FMV 285,698 285,698
CLAYTON DUBILIER RICE FD IX OFFSHORE #6492 FMV 511,062 511,062
L CAPITAL ASIA II OFFSHORE LP #6492 FMV 178,943 178,943
MEZZANINE PRIVATE INV III OFFSHORE #6492 FMV 535,855 535,855
PEG DIGITAL GROWTH FUND OFFSHORE SPECIAL II LP #6492 FMV 77,033 77,033
RIVERSTONE GLOBAL ENERGY AND POWER PRIVATE INVESTORS LP #6492 FMV 160,780 160,780
SILVER LAKE PARTNERS IV LP #6492 FMV 861,182 861,182
SLP V PRIVATE INVESTORS OFFSHORE LP #6492 FMV 574,537 574,537
STARWOOD SOF X PRIVATE INVESTORS OFFSHORE LP #6492 FMV 101,361 101,361
VINTAGE 2015 PRIVATE INVESTMENTS OFFSHORE #6492 FMV 457,543 457,543
WARBURG PINCUS ENERGY PRIVATE INVESTORS OFFSHORE #6492 FMV 223,046 223,046
GSO PRIVATE INVESTORS OFFSHORE II LP #6492 FMV 72,668 72,668

TY 2023 LegalFeesSchedule
Name:
WILLIAM S ABELL FOUNDATION INC
EIN:
52-1435573
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 3,612 0   3,612


TY 2023 OtherAssetsSchedule
Name:
WILLIAM S ABELL FOUNDATION INC
EIN:
52-1435573
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEPOSITS 9,562 9,562 9,562
JUSTICE HOUSING PARTNERS INVESTMENT 500,000 500,000 500,000
CREDIT CARD   969 969


TY 2023 OtherExpensesSchedule
Name:
WILLIAM S ABELL FOUNDATION INC
EIN:
52-1435573
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 5,626 2,717   2,909
TELEPHONE 1,905 920   985
OFFICE EXPENSE 3,255 1,573   1,682
PAYROLL FEES 3,465 1,673   1,792
BANK FEES 824 824   0
COMPUTER SERVICE & MAINTENANCE -3,320 0   0
DUES AND SUBSCRIPTIONS 9,482 4,580   4,902


TY 2023 OtherIncomeSchedule2
Name:
WILLIAM S ABELL FOUNDATION INC
EIN:
52-1435573
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INVESTMENTS K-1   14,233  
PARTNERSHIP INVESTMENTS K-1 UBI   0  
OTHER INCOME 12,080   12,080
SUBLEASE INCOME 60,000   60,000


TY 2023 OtherIncreasesSchedule
Name:
WILLIAM S ABELL FOUNDATION INC
EIN:
52-1435573
Description Amount
UNREALIZED GAINS ON INVESTMENTS 7,391,555


TY 2023 OtherLiabilitiesSchedule
Name:
WILLIAM S ABELL FOUNDATION INC
EIN:
52-1435573
Description Beginning of Year - Book Value End of Year - Book Value
US BANK INVESTMENT CASH 1,508,222 0


TY 2023 OtherProfessionalFeesSchedule
Name:
WILLIAM S ABELL FOUNDATION INC
EIN:
52-1435573
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 325,241 325,241   0
GRANT CONSULTING 90,857 8,000   74,857
PARTNERSHIP INVESTMENT K-1 EXPENSES 0 118,114   0


TY 2023 TaxesSchedule
Name:
WILLIAM S ABELL FOUNDATION INC
EIN:
52-1435573
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 21,935 21,936   0
PARTNERSHIP INVESTMENT K-1 FOREIGN TAXES PAID 0 231   0