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
THE RAVITZ FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)34705 WEST TWELVE MILE RD 160
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FARMINGTON HILLS, MI48331
A Employer identification number

38-3508943
B Telephone number (see instructions)

(269) 382-2844
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$43,255,301J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 59,034 59,034  
4 Dividends and interest from securities... 837,945 837,945  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 10,839,551
b Gross sales price for all assets on line 6a 48,459,769
7 Capital gain net income (from Part IV, line 2)... 10,839,551
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 11,736,530 11,736,530  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 234,153 68,797   165,357
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 28,622 9,380   19,242
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
5,429 2,715   2,714
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
13,375 6,688   6,687
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
187,547 187,547   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,734 1,734   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 10,200 5,100   5,100
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
57,325 26,942   30,383
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 538,385 308,903   229,483
25 Contributions, gifts, grants paid....... 1,992,329 1,992,329
26 Total expenses and disbursements. Add lines 24 and 25 2,530,714 308,903   2,221,812
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 9,205,816
b Net investment income (if negative, enter -0-) 11,427,627
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............. 119,091 405,126 405,126
2 Savings and temporary cash investments......... 441,084 856,299 856,299
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.......... 13,326 31,579 31,579
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment
List of Attached Documents:
// Content
3,670,249 		3,682,701
b Investments—corporate stock (attach schedule)....... 790,068 Click to see attachment
List of Attached Documents:
// Content
17,161,028 		19,265,976
c Investments—corporate bonds (attach schedule)....... 8,508,379 Click to see attachment
List of Attached Documents:
// Content
9,010,244 		8,867,250
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).......... 21,879,534 Click to see attachment
List of Attached Documents:
// Content
9,875,102 		10,125,176
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
38,066 		Click to see attachment
List of Attached Documents:
// Content
21,194 		Click to see attachment
List of Attached Documents:
// Content
21,194
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 31,789,548 41,030,821 43,255,301
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
7,537 		Click to see attachment
List of Attached Documents:
// Content
12,697
23 Total liabilities (add lines 17 through 22)......... 7,537 12,697
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........ 19,798,753 19,798,753
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 11,983,258 21,219,371
29 Total net assets or fund balances (see instructions)..... 31,782,011 41,018,124
30 Total liabilities and net assets/fund balances (see instructions). 31,789,548 41,030,821
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
31,782,011
2
Enter amount from Part I, line 27a .....................
2
9,205,816
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
30,297
4
Add lines 1, 2, and 3 ..........................
4
41,018,124
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
41,018,124
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 FROM K-1 INVESCO DB COMMODITY INDEX - OTHER GAINS      
b PUBLICLY TRADED SECURITIES - MORGAN STANLEY - 142487      
c PUBLICLY TRADED SECURITIES - MORGAN STANLEY - 049997      
d PUBLICLY TRADED SECURITIES - MORGAN STANLEY - 049986      
e PUBLICLY TRADED SECURITIES - MORGAN STANLEY - 049986      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY - 049986 - K1      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY - 161108      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY - 161108      
PUBLICLY TRADED SECURITIES - MORGAN STANELY - 161108 - LTCG DISTRIBUTIONS      
(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       -94,052
b 822,317   828,396 -6,079
c 1,916,858   940,067 976,791
d 15,147,293   15,138,610 8,683
e 6,254,434   6,011,072 243,362
142,740   134,297 8,443
22,706,148   13,104,580 9,601,568
1,382,340   1,369,144 13,196
87,639     87,639
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       -94,052
b       -6,079
c       976,791
d       8,683
e       243,362
      8,443
      9,601,568
      13,196
      87,639
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 10,839,551
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) 1 158,844
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........................... 3 158,844
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- ..... 5 158,844
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 154,678
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.............. 7 154,678
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 1,351
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 5,517
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
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 arrowMI
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 arrowBRIAN H AARON Telephone no.right arrow (248) 563-7600

Located atright arrow34705 WEST TWELVE MILE RD 160FARMINGTON HILLSMI ZIP+4right arrow48331
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JENNIFER FRITZ DIRECTOR
1.00 		3,750 0 0
34705 WEST TWELVE MILE RD 160
FARMINGTON HILLS,MI48331
BRUCE GELBAUGH DIRECTOR
10.00 		13,000 0 0
34705 WEST TWELVE MILE RD 160
FARMINGTON HILLS,MI48331
LAWRENCE HANDLER DIRECTOR
5.00 		0 0 0
34705 WEST TWELVE MILE RD 160
FARMINGTON HILLS,MI48331
STEVE MARGOLIN DIRECTOR
1.00 		7,500 0 0
34705 WEST TWELVE MILE RD 160
FARMINGTON HILLS,MI48331
BURTON SHIFMAN PRESIDENT/DIRECTOR
15.00 		30,250 3,050 0
34705 WEST TWELVE MILE RD 160
FARMINGTON HILLS,MI48331
CAROLE SHIFMAN PROGRAM DIRECTOR/DIRECTOR
30.00 		123,750 3,050 0
34705 WEST TWELVE MILE RD 160
FARMINGTON HILLS,MI48331
JONATHAN AARON SECRETARY/DIRECTOR
1.00 		7,500 0 0
34705 WEST TWELVE MILE RD 160
FARMINGTON HILLS,MI48331
BRIAN H AARON TREASURER/DIRECTOR
20.00 		57,500 0 0
34705 WEST TWELVE MILE RD 160
FARMINGTON HILLS,MI48331
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
MORGAN STANLEY INVESTMENT MANAGEMENT FEES 187,547
40701 WOODWARD AVE SUITE 200
BLOOMFIELD,MI48304
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
40,383,854
b
Average of monthly cash balances.......................
1b
2,459,550
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
42,843,404
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
42,843,404
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
642,651
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
42,200,753
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,110,038
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
2,110,038
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
158,844
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
158,844
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,951,194
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,951,194
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
1,951,194
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
2,221,812
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
2,221,812
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 1,951,194
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...... 489,683
b From 2019...... 306,195
c From 2020...... 26,962
d From 2021...... 120,889
e From 2022...... 149,558
f Total of lines 3a through e ........ 1,093,287
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,221,812
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 1,951,194
e Remaining amount distributed out of corpus 270,618
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 1,363,905
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) ... 		489,683
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		874,222
10 Analysis of line 9:
a Excess from 2019.... 306,195
b Excess from 2020.... 26,962
c Excess from 2021.... 120,889
d Excess from 2022.... 149,558
e Excess from 2023.... 270,618
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

ALUMNI ASSOCIATION OF U OF M

200 FLETCHER ST
ANN ARBOR,MI48109 		  PC GENERAL SUPPORT 10,000

AMERICAN FRIENDS OF ALYN HOSPITAL INC

122 EAST 42ND STREET 1519
NEW YORK,NY10168 		  PC GENERAL SUPPORT 1,000

AMERICAN JEWISH COMMITTEE

165 EAST 56TH STREET
NEW YORK,NY10022 		  PC GENERAL SUPPORT 1,000

AMERICAN JOINT DISTRIBUTION COMMITTEE

220 EAST 42ND STREET SUITE 400
NEW YORK,NY10017 		  PC GENERAL SUPPORT 75,000

AMERICAN JOINT DISTRIBUTION COMMITTEE

220 EAST 42ND STREET SUITE 400
NEW YORK,NY10017 		  PC GENERAL SUPPORT 2,500

ANTI-DEFAMATION LEAGUE

605 THIRD AVENUE
NEW YORK,NY101583560 		  PC MICHIGAN OPERATIONS 100,000

ANTI-DEFAMATION LEAGUE

605 THIRD AVENUE
NEW YORK,NY101583560 		  PC GENERAL SUPPORT 1,000

BIG BROTHERS BIG SISTERS OF SOUTHWEST MICHIGAN

3501 COVINGTON ROAD
KALAMAZOO,MI49001 		  PC ONE TO ONE MENTORING 10,000

BOYS AND GIRLS CLUB OF GREATER KALAMAZOO

915 LAKE STREET
KALAMAZOO,MI49001 		  PC GENERAL SUPPORT 15,000

CHILDREN'S AND FAMILY SERVICE

4287 FIVE OAKS DRIVE
LANSING,MI48911 		  PC GENERAL SUPPORT 7,500

CONGREGATION BETH SHALOM

14601 WEST LINCOLN ROAD
OAK PARK,MI482371333 		  PC GENERAL SUPPORT 1,000

CONGREGATION SHAAREY ZEDEK

27375 BELL ROAD
SOUTHFIELD,MI48034 		  PC GENERAL SUPPORT 2,500

CONGREGATION SHAAREY ZEDEK

27375 BELL ROAD
SOUTHFIELD,MI48034 		  PC GENERAL SUPPORT 1,800

DETROIT PUBLIC TV

1 CLOVER COURT
WIXOM,MI48393 		  PC GENERAL SUPPORT 250

DR GARY BURNSTEIN COMMUNITY HEALTH CLINIC

45580 WOODWARD AVE
PONTIAC,MI48341 		  PC GENERAL SUPPORT 3,000

EVANS SCHOLAR

2501 PATRIOT BLVD
GLENVIEW,IL600268022 		  PC GENERAL SUPPORT 2,500

FRANKEL JEWISH ACADEMY

6600 W MAPLE ROAD
WEST BLOOMFIELD,MI48322 		  PC GENERAL SUPPORT 2,000

FRIEND OF THE IDF

PO BOX 4224
NEW YORK,NY10163 		  PC GENERAL SUPPORT 2,500

GESHER HUMAN SERVICES

29699 SOUTHFIELD ROAD
SOUTHFIELD,MI48076 		  PC GENERAL SUPPORT 60,000

HABONIM DROR CAMP TAVOR

4444 SECOND AVE
DETROIT,MI48201 		  PC GENERAL SUPPORT 20,000

HEBREW FREE LOAN

6735 TELEGRAPH RD 300
BLOOMFIELD HILLS,MI48301 		  PC GENERAL SUPPORT 50,000

HILLEL CAMPUS ALLIANCE OF MI

360 CHARLES STREET
EAST LANSING,MI48823 		  PC GENERAL SUPPORT 115,000

HILLEL DAY SCHOOL OF METRO DETROIT

5221 GULLEN MALL 667 SCH-WSU
DETROIT,MI48202 		  PC GENERAL SUPPORT 1,000

HILLEL OF METRO DETROIT

5221 GULLEN MALL 667 SCH-WSU
DETROIT,MI48202 		  PC U OF M DEARBORN SUPPORT 5,000

HILLEL OF METRO DETROIT

5221 GULLEN MALL 667 SCH-WSU
DETROIT,MI48202 		  PC GENERAL SUPPORT 50,000

HOLOCAUST MEMORIAL CENTER

28123 ORCHARD LAKE ROAD
FARMINGTON HILLS,MI48334 		  PC GENERAL SUPPORT 125,000

IMPACT ISRAEL

200 HIGHLAND AVENUE SUITE 301
NEEDHAM,MA02494 		  PC THERAPUTIC CARE 25,000

IMPACT ISRAEL

200 HIGHLAND AVENUE SUITE 301
NEEDHAM,MA02494 		  PC THERAPUTIC CARE 25,000

IRP DETROIT

14094 LUDLOW ST
OAK PARK,MI48237 		  PC GENERAL SUPPORT 14,779

ISAAC AGREE DOWNTOWN SYNAGOGUE

1457 GRISWOLD
DETROIT,MI48226 		  PC GENERAL SUPPORT 15,000

ISRAEL RELIGIOUS ACTION CENTER

520 EIGHT AVE 20TH FLOOR
NEW YORK,NY10018 		  PC PM ELECTION CONGREGATIONAL ACTIVISM 15,000

JARC

6735 TELEGRAPH ROAD SUITE 100
BLOOMFIELD HILLS,MI48301 		  PC GENERAL SUPPORT 23,750

JARC

6735 TELEGRAPH ROAD SUITE 100
BLOOMFIELD HILLS,MI48301 		  PC GENERAL SUPPORT 25,000

JCRCAJC

6735 TELEGRAPH ROAD STE 370
BLOOMFIELD HILLS,MI48301 		  PC DEEPEN LEADERSHIP OF JEWISH COMMUNITY IN INTERFAITH 75,000

JEWISH COMMUNITY CENTER OF METRO DETROIT

6600 WEST MAPLE ROAD
WEST BLOOMFIELD,MI48322 		  PC GENERAL SUPPORT 10,000

JEWISH FAMILY SERVICES

6555 WEST MAPLE ROAD
WEST BLOOMFIELD,MI48322 		  PC GENERAL SUPPORT 25,000

JEWISH FAMILY SERVICES

6555 WEST MAPLE ROAD
WEST BLOOMFIELD,MI48322 		  PC JFS SERVICE TECH CONNECT 30,000

JEWISH FAMILY SERVICES

6555 WEST MAPLE ROAD
WEST BLOOMFIELD,MI48322 		  PC GENERAL SUPPORT 2,000

JEWISH FAMILY SERVICES

6555 WEST MAPLE ROAD
WEST BLOOMFIELD,MI48322 		  PC GENERAL SUPPORT 1,500

JEWISH FEDERATION OF METRO DETROIT

6735 TELEGRAPH ROAD
BLOOMFIELD HILLS,MI483032030 		  PC ISRAEL EMERGENCY CAMPAIGN 76,000

JEWISH FEDERATION OF METRO DETROIT

6735 TELEGRAPH ROAD
BLOOMFIELD HILLS,MI483032030 		  PC ISRAELI CAMPER PROGRAM 95,000

JEWISH FEDERATION OF METRO DETROIT

6735 TELEGRAPH ROAD
BLOOMFIELD HILLS,MI483032030 		  PC SMALL COMMUNITIES INITIATIVE 100,000

JEWISH FEDERATION OF METRO DETROIT

6735 TELEGRAPH ROAD
BLOOMFIELD HILLS,MI483032030 		  PC ISRAEL EMERGENCY CAMPAIGN 3,500

JEWISH FEDERATION OF METRO DETROIT

6735 TELEGRAPH ROAD
BLOOMFIELD HILLS,MI483032030 		  PC SIMONS JEWISH COMMUNITY ARCHIVES 2,000

JEWISH SENIOR LIFE OF METRO DETROIT

6710 WEST MAPLE ROAD
WEST BLOOMFIELD,MI48322 		  PC FOOD SUBSIDY PROGRAM 100,000

KALAMAZOO LOAVES&FISHES

901 PORTAGE STREET
KALAMAZOO,MI490013005 		  PC PANTRY PROGRAM 38,000

L'DOR V'DOR UPPER GREAT LAKES JEWISH CONSORTIUM

505 MICHIGAN ST
PETOSKEY,MI49770 		  PC GENERAL SUPPORT 24,000

LIMMUD MICHIGAN INC

19785 WEST 12 MILE ROAD
SOUTHFIELD,MI48076 		  PC GENERAL SUPPORT 5,000

LOVE TEAM TESSA

4462 SAMOSET
ROYAL OAK,MI48073 		  PC GENERAL SUPPORT 2,500

METRO FOOD RESCUE

6928 E KNOLL WOOD CIRCLE
WEST BLOOMFIELD,MI48322 		  PC GENERAL SUPPORT 5,000

MICHIGAN RADIO

535 W WILLIAM ST SUITE 110
ANN ARBOR,MI48103 		  PC GENERAL SUPPORT 250

MOISHE HOUSE

5007 PROVIDENCE ROAD
CHAROLETTE,NC28226 		  PC GENERAL SUPPORT 25,000

NATIONAL COUNCIL OF JEWISH WOMEN-MICHIGAN

26400 LAHSER ROAD SUITE 306
SOUTHFIELD,MI480332675 		  PC GENERAL SUPPORT 20,000

NATIONAL RAMAH COMMISSION INC

3080 BROADWAY
NEW YORK,NY10027 		  PC GENERAL SUPPORT 2,500

OPEN COLLECTIVE FOUNDATION

440 N BARRANCA AVENUE 3717
COVINA,CA91723 		  PC GENERAL SUPPORT 1,500

OR HALEV

340 S LEMON AVE 8404
WALNUT,CA91789 		  PC GENERAL SUPPORT 12,500

OUR HOUSE

111 S WALLACE BLVD
YPSILANTI,MI48197 		  PC GENERAL SUPPORT 1,500

SANCTUM HOUSE

12940 VICTORIA AVE
HUNTINGTON WOODS,MI48070 		  PC GENERAL SUPPORT 2,000

SHABBAT PROJECT INC

228 PARK AVE SOUTH 77191
NEW YORK,NY10003 		  PC ONETABLE 10,000

TAMARACK CAMP

6735 TELEGRAPH ROAD SUITE 380
BLOOMFIELD HILLS,MI48301 		  PC GENERAL SUPPORT 250,000

TEMPLE ISRAEL

5725 WALNUT LAKE ROAD
WEST BLOOMFIELD,MI48323 		  PC GENERAL SUPPORT 1,500

THE WELL

5725 WALNUT LAKE ROAD
WEST BLOOMFIELD,MI48323 		  PC GENERAL SUPPORT 50,000

UNIVERSITY OF MICHIGAN

1429 HILL ST
ANN ARBOR,MI48104 		  PC GENERAL SUPPORT 2,000

UNIVERSITY OF MICHIGAN HILLEL

1429 HILL ST
ANN ARBOR,MI48104 		  PC GENERAL SUPPORT 40,000

UNIVERSITY OF MICHIGAN HILLEL

1429 HILL ST
ANN ARBOR,MI48104 		  PC GENERAL SUPPORT 90,000

UNIVERSITY OF MICHIGAN HISTORY DEPARTMENT

1029 TISCH HALL 435 S STATE ST
ANN ARBOR,MI48109 		  PC GENERAL SUPPORT 500

YAD EZRA

2850 W 11 MILE ROAD
BERKLEY,MI48072 		  PC GENERAL SUPPORT 80,000

ZIONESS MOVEMENT INC

244 FIFTH AVENUE SUITE A205
NEW YORK,NY10001 		  PC GENERAL SUPPORT 500
Total .................................right arrow 3a 1,992,329
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 59,034  
4 Dividends and interest from securities ....     14 837,945  
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 10,839,551  
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 11,736,530 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
11,736,530
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE RAVITZ FOUNDATION
EIN:
38-3508943
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PLANTE & MORAN 13,375 6,688   6,687

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE RAVITZ FOUNDATION
EIN:
38-3508943
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 142,469 130,196
ALPHABET INC 153,478 141,246
AMAZON.COM INC 140,635 139,913
AMERICAN HONDA FINANCE CORP 154,619 151,089
AMERIPRISE FINANCIAL INC 51,823 51,363
APPLIED MATERIALS INC 148,186 135,804
BANK OF AMERICA CORP 137,337 130,571
BERKSHIRE HATHAWAY ENERGY CO 142,140 144,724
BHP BILLITON FINANCE USA LTD 144,477 145,661
CHEVRON CORP 201,775 196,167
CISCO SYSTEMS INC 139,409 138,547
COCA-COLA CO/THE 200,383 203,886
COMCAST CORP 139,250 129,195
COSTCO WHOLESALE CORP 147,343 134,947
DTE ELECTRIC CO 146,343 141,598
EMERSON ELECTRIC CO 154,582 139,735
EQUINOR ASA 144,692 145,759
EXXON MOBIL CORP 51,174 51,820
GENERAL DYNAMICS CORP 48,210 47,202
GOLDMAN SACHS GROUP INC/THE 148,521 136,244
HOME DEPOT INC/THE 139,294 133,359
HONEYWELL INTERNATIONAL INC 140,469 127,751
ILLINOIS TOOL WORKS INC 100,063 99,659
INVESCO DB COMMODITY INDEX TRA (DBC) 420,410 672,881
ISHARES 0-3 MONTH TREASURY B (SGOV) 91,072 91,045
JOHNSON & JOHNSON 145,554 135,660
JPMORGAN CHASE & CO 159,833 145,197
KIMBERLY-CLARK CORP 211,982 192,073
LOCKHEED MARTIN CORP 68,965 64,909
MARSH & MCLENNAN COS INC 143,696 144,512
MERCK & CO INC 141,623 137,932
META PLATFORMS INC 197,573 203,987
METLIFE INC 52,003 51,717
NEXTERA ENERGY CAPITAL HOLDINGS INC 211,357 190,119
NIKE INC 147,137 133,939
NOVARTIS CAPITAL CORP 141,257 140,043
PACCAR FINANCIAL CORP 144,558 145,495
PEPSICO INC 92,150 91,722
PHILIP MORRIS INTERNATIONAL INC 49,403 48,853
PNC FINANCIAL SERVICES GROUP INC/THE 204,424 183,346
PROGRESSIVE CORP/THE 199,498 197,379
PROLOGIS LP 194,606 201,587
QUALCOMM INC 201,928 184,996
REALTY INCOME CORP 149,136 138,181
S&P GLOBAL INC 144,407 146,991
SHELL INTERNATIONAL FINANCE BV 141,903 136,430
SIMON PROPERTY GROUP LP 199,633 209,500
STATE STREET CORP 142,580 136,823
TARGET CORP 51,009 50,574
TJX COS INC/THE 144,748 135,316
TOYOTA MOTOR CREDIT CORP 49,103 48,125
TRUIST FINANCIAL CORP 153,672 138,816
TWDC ENTERPRISES 18 CORP 53,762 51,648
UNITED PARCEL SERVICE INC 139,135 142,846
UNITEDHEALTH GROUP INC 220,274 198,802
VANECK GOLD MINERS ETF (GDX) 338,645 276,144
VANGUARD SHORT-TERM CORPORATE (VCSH) 467,949 437,914
WALMART INC 141,001 135,176
WELLS FARGO & CO 137,586 130,136

TY 2023 InvestmentsCorpStockSchedule
Name:
THE RAVITZ FOUNDATION
EIN:
38-3508943
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO (MMM) 34,638 42,963
AAON INC (AAON) 4,716 6,015
ABBOTT LABORATORIES (ABT) 123,997 142,651
ABBVIE INC COM (ABBV) 141,691 147,531
ABSA GROUP LTD ADR (AGRPY) 26,731 26,766
ACADEMY SPORTS & OUTDOORS INC (ASO) 4,872 5,467
ACADIA HEALTHCARE COMPANY INC (ACHC) 4,634 4,952
ACCOR S A SPONS ADR NEW (ACCYY) 25,100 29,384
ADECCO GROUP AG ADR (AHEXY) 20,082 24,885
ADOBE INC (ADBE) 57,363 66,223
ADVANCED DRAIN SYS INC (WMS) 6,892 8,560
ADVANCED ENERGY IND INC (AEIS) 9,180 10,015
ADVANTEST CORP NEW (ATEYY) 24,695 30,760
AEHR TEST SYSTEMS (AEHR) 11,638 9,577
AEROVIRONMENT INC (AVAV) 13,655 16,007
AGNC INVESTMENT CORP (AGNC) 44,608 50,629
AGNICO EAGLE MINES LTD (AEM) 13,609 17,004
AIA GROUP LTD SPON ADR (AAGIY) 25,092 26,144
AKAMAI TECHNOLOGIES INC (AKAM) 41,094 45,565
ALAMO GROUP INC (ALG) 9,168 10,934
ALBEMARLE CORPORATION (ALB) 2,529 2,558
ALIBABA GROUP HLDG LTD (BABA) 72,706 67,511
ALLIANZ SE ADR (ALIZY) 27,322 31,591
ALPHABET INC CL A (GOOGL) 121,828 126,280
ALSTOM ADR (ALSMY) 22,361 22,169
AMAZON COM INC (AMZN) 166,416 199,953
AMCOR PLC (AMCR) 84,423 89,806
AMEDISYS INC (AMED) 4,551 4,626
AMEREN CORP (HLDG CO) (AEE) 11,531 11,430
AMERICA MOVIL SAB DE CV ADR (AMX) 20,495 22,650
AMERICAN ELEC PWR CO INC (AEP) 63,290 70,824
AMERICAN EXPRESS CO (AXP) 45,387 58,263
AMERICAN TOWER CORP (AMT) 36,048 49,437
AMERICAN WATER WORKS CO (AWK) 6,798 7,627
AMERIS BANCORP (ABCB) 9,056 12,944
AMGEN INC (AMGN) 98,462 107,431
AMN HEALTHCARE SVCS INC (AMN) 15,037 13,254
AMPHENOL CORP NEW CL A (APH) 74,519 89,217
ANALOG DEVICES INC (ADI) 30,307 34,549
ANSYS INC (ANSS) 27,258 34,250
ANTERO RES CORP COM (AR) 4,544 4,309
APPLE INC (AAPL) 169,495 188,487
APTARGROUP INC (ATR) 5,008 4,936
APTIV PLC (APTV) 41,326 38,849
ARCH CAPITAL GROUP LTD (ACGL) 27,885 25,846
ARTISAN PARTNERS ASSET MGMT (APAM) 6,993 8,659
ASGN INC (ASGN) 6,838 8,315
ASHTEAD GROUP PLC ADR (ASHTY) 24,585 29,523
ASM INTERNATIONAL NV (ASMIY) 44,413 55,028
ASML HOLDING NV NY REG NEW (ASML) 44,360 55,978
ASTRAZENECA PLC ADR (AZN) 17,911 18,117
AT&T INC (T) 140,201 161,155
ATLAS COPCO AS A ADR A NEW (ATLKY) 29,383 37,197
AUTODESK INC DELAWARE (ADSK) 36,499 43,096
AUTOMATIC DATA PROCESSING INC (ADP) 70,737 68,027
AUTOZONE INC (AZO) 38,566 39,650
AVANTOR INC (AVTR) 4,788 5,342
AVERY DENNISON CORPORATION (AVY) 22,860 25,270
AVISTA CORP (AVA) 6,778 7,756
AXALTA COATING SYSTEMS LTD. (AXTA) 6,810 8,493
AXIS CAPITAL HOLDINGS LTD (AXS) 22,957 22,868
BADGER METER INC (BMI) 13,792 14,912
BAIDU INC ADS (BIDU) 15,832 14,767
BALCHEM CP (BCPC) 13,402 16,214
BANCO LATINOAMERICANO DE COMER (BLX) 34,364 41,736
BANGKOK BK PLC (BKKLY) 20,561 20,862
BANK OF AMERICA CORP (BAC) 18,183 23,670
BANK OF NEW YORK MELLON CORP (BK) 14,224 15,927
BANK OF THE PHILIPPINE ISLANDS (BPHLY) 44,698 43,188
BANK RAKYAT INDONESIA ADR (BKRKY) 44,036 49,694
BARRICK GOLD CORP (GOLD) 27,251 35,276
BCE INC (BCE) 134,377 144,328
BEACON ROOFING SUPPLY INC (BECN) 9,086 10,442
BECTON DICKINSON & CO (BDX) 25,695 24,259
BHP GROUP LIMITED ADR (BHP) 20,460 25,411
BJS WHSL CLUB HLDGS INC (BJ) 38,853 36,996
BK MONTREAL (BMO) 38,544 47,887
BLACKROCK INC (BLK) 16,034 20,586
BLACKSTONE INC (BX) 6,801 8,604
BOOT BARN HLDGS INC COM (BOOT) 15,309 15,198
BOOZ ALLEN HAMILTON HLDG CL-A (BAH) 22,816 25,198
BRISTOL MYERS SQUIBB CO (BMY) 15,765 14,264
BRITISH AMER TOB SPON ADR (BTI) 81,804 79,669
BROADCOM INC (AVGO) 74,921 101,671
BROWN & BROWN INC (BRO) 10,117 10,169
BRUKER CORPORATION (BRKR) 12,301 14,843
CADENCE BANK (CADE) 6,451 9,055
CADENCE DESIGN SYSTEM (CDNS) 27,417 31,867
CAL MAINE FOODS INC (CALM) 9,280 11,995
CALAVO GROWERS INC (CVGW) 5,353 6,617
CALIF WATER SVC GP DEL (CWT) 10,857 12,034
CALIX NETWORKS INC (CALX) 13,543 13,413
CBOE GLOBAL MARKETS INC (CBOE) 21,320 23,927
CCENTURE PLC IRELAND CL A (ACN) 56,800 64,217
CDN IMPL BK COMMERCE (CM) 72,705 95,173
CDW CORPORATION (CDW) 86,175 95,702
CEMEX SAB DE CV (CX) 25,913 32,480
CENCORA INC (COR) 63,116 71,267
CHAMPIONX CORPORATION (CHX) 15,720 13,553
CHARLES RIVER LABS INTL INC (CRL) 11,156 13,980
CHARLES SCHWAB CORP 5.95%-D (SCHW.D) 4,672 5,056
CHARLES SCHWAB NEW (SCHW) 86,349 115,653
CHECK POINT SOFTWARE TECH LTD (CHKP) 13,489 15,432
CHEMED CORPORATION (CHE) 27,302 31,305
CHEMOURS CO COM (CC) 6,834 8,074
CHEVRON CORP (CVX) 90,030 82,635
CHORD ENERGY CORPORATION NEW (CHRD) 6,957 7,523
CHUBB LTD (CB) 31,400 34,352
CHURCH & DWIGHT CO INC (CHD) 13,631 14,089
CHUYS HOLDINGS INC (CHUY) 9,046 9,978
CINTAS CORP (CTAS) 27,322 34,064
CISCO SYS INC (CSCO) 113,214 106,900
CITY DEV LTD SPON ADR (CDEVY) 15,695 17,034
CLOROX CO (CLX) 13,911 15,400
CME GROUP INC (CME) 24,982 26,114
CMS ENERGY CP (CMS) 6,759 7,607
COCA COLA CO (KO) 56,175 59,696
COCA COLA CONSOLIDATED INC (COKE) 6,529 8,623
COCA-COLA EUROPACIFIC PARTNERS (CCEP) 48,267 53,041
COCA-COLA FEMSA, S.A.B. DE C.V (KOF) 36,247 45,143
COGNIZANT TECH SOLUTIONS CL A (CTSH) 45,407 50,983
COHEN & STEERS INC (CNS) 11,337 14,389
COMCAST CORP (NEW) CLASS A (CMCSA) 100,668 101,513
COMERICA INC (CMA) 10,207 14,232
COMFORT SYSTEMS USA INC (FIX) 14,493 17,804
COMPASS GROUP PLC SPD ADR (CMPGY) 40,814 45,714
COMSTOCK RES INC (CRK) 2,240 1,938
CONAGRA BRANDS INC (CAG) 27,229 29,548
CONMED CORP (CNMD) 11,159 12,484
CONOCOPHILLIPS (COP) 15,772 16,134
CONSTELLATION BRANDS INC CL A (STZ) 45,214 43,999
COPA HOLDINGS,S.A. CLA A (CPA) 43,873 54,962
COPART INC (CPRT) 41,179 43,708
CORE & MAIN INC CL A (CNM) 9,473 12,729
CORE LABORATORIES INC (CLB) 11,314 8,759
COSTCO WHOLESALE CORP NEW (COST) 55,699 64,450
COTERRA ENERGY INC (CTRA) 41,293 40,883
COTY INC COM CL A (COTY) 4,565 5,527
CRANE COMPANY (CR) 13,603 18,666
CREDICORP LTD (BAP) 34,231 41,381
CROWN CASTLE INC (CCI) 36,269 46,652
CUMMINS INC (CMI) 11,935 12,682
CUSHMAN & WAKEFIELD PLC (CWK) 2,548 2,560
CYBERARK SOFTWARE LTD SHS (CYBR) 34,025 43,372
DAH SING FINANCIAL GP SPON ADR (DSFGY) 14,172 13,665
DANAHER CORPORATION (DHR) 33,926 32,850
DARDEN RESTAURANTS (DRI) 13,737 15,968
DASSAULT SYSTEMS SA ADS (DASTY) 32,536 42,609
DBS GROUP HOLDINGS LTD SP (DBSDY) 27,090 28,367
DECKER OUTDOOR CORPORATION (DECK) 13,338 17,443
DENTSPLY SIRONA INC (XRAY) 37,554 41,569
DEUTSCHE POST AG ADR (DHLGY) 27,560 34,139
DIAGEO PLC SPON ADR NEW (DEO) 2,576 2,484
DIODES INC (DIOD) 13,699 13,769
DOLLAR GEN CORP NEW COM (DG) 36,224 46,631
DOLLAR TREE INC (DLTR) 36,176 49,433
DOMINION ENERGY INC (D) 53,728 60,113
DROPBOX INC CL A (DBX) 50,990 54,361
DTE ENERGY COMPANY (DTE) 6,748 7,700
DUKE ENERGY CORPORATION (DUK) 79,386 89,859
DUPONT DE NEMOURS INC (DD) 2,332 2,630
E.L.F BEAUTY INC (ELF) 14,411 21,074
EATON CORP PLC SHS (ETN) 67,299 77,303
ELEMENT SOLUTIONS INC (ESI) 18,233 22,006
ELEVANCE HEALTH INC (ELV) 25,243 27,038
ELI LILLY & CO (LLY) 43,615 48,014
EMBRAER S A ADR (ERJ) 73,641 103,246
EMCOR GROUP INC (EME) 16,145 16,942
ENBRIDGE INC (ENB) 141,440 162,162
ENGIE BRASIL ENERGIA SAADR (EGIEY) 25,231 29,051
ENPRO INC (NPO) 16,222 21,003
ENTEGRIS INC (ENTG) 11,688 14,858
ENTERGY CORP NEW (ETR) 54,252 61,018
ENVISTA HLDGS CORP (NVST) 10,429 10,250
EOG RESOURCES INC (EOG) 53,982 54,428
EQUITY COMWLTH COM SH BEN INT (EQC) 17,978 18,739
ERSTE GROUP BANK AG SPONS ADR (EBKDY) 43,578 51,712
ESSENTIAL UTILS INC (WTRG) 2,267 2,596
EVEREST GROUP LTD (EG) 27,869 25,908
EVERSOURCE ENERGY COM (ES) 6,712 7,468
EXPEDIA GROUP INC (EXPE) 28,347 43,108
EXTREME NETWORKS INC (EXTR) 13,884 10,108
EXXON MOBIL CORP (XOM) 52,009 46,291
FABRINET (FN) 23,577 25,124
FACTSET RESEARCH SYSTEMS INC (FDS) 13,878 14,860
FASTENAL CO (FAST) 18,260 21,633
FEDERAL SIGNAL CORP (FSS) 4,576 5,895
FERGUSON PLC (FERG) 36,238 41,124
FERRARI N V (RACE) 75,662 85,961
FIDELITY NATL INFORMATION SE (FIS) 36,504 40,427
FIRST AMERICAN FINL CORP (FAF) 11,646 14,241
FIRST PAC LTD SP ADR (FPAFY) 15,909 16,627
FISERV INC (FI) 27,410 32,413
FLEXTRONICS INTL LTD (FLEX) 17,341 20,134
FOMENTO ECONOMICO MEXICANO (FMX) 38,569 46,274
FOOT LOCKER INC (FL) 4,775 4,891
FORTINET INC (FTNT) 27,378 27,509
FORTIS INC (FTS) 41,672 45,408
FRANKLIN ELECTRIC CO (FELE) 4,810 5,211
FRESENIUS MEDICAL CARE AG ADR (FMS) 15,934 16,081
FTI CONSULTING INC (FCN) 12,032 13,014
FUJIFILM HLDGS CORP ADR (FUJIY) 15,890 17,009
GALAXY ENTMT GROUP LTD ADR (GXYYY) 51,426 49,669
GARTNER INC (IT) 38,545 51,878
GATX CORP (GATX) 9,149 10,360
GENERAL MILLS INC (GIS) 9,791 9,836
GENL DYNAMICS CORP (GD) 54,407 64,398
GENTING BERHAD SPONS ADR (GEBHY) 25,347 26,331
GENUINE PARTS CO (GPC) 9,169 8,930
GILDAN ACTIVEWEAR INC (GIL) 7,936 7,405
GILEAD SCIENCE (GILD) 32,033 35,077
GLOBANT S.A (GLOB) 30,850 36,649
GLOBE LIFE INC (GL) 45,575 51,001
GLOBUS MEDICAL INC A (GMED) 8,203 8,686
GRACO INC (GGG) 2,135 2,615
GSK PLC ADR (GSK) 154,309 159,062
GUDANG GARAM TBK PT ADR (GDNGY) 14,995 12,698
HANG LUNG PPTYS LTD SPON ADR (HLPPY) 9,213 9,531
HARTFORD FIN SERS GRP INC (HIG) 56,920 65,510
HCA HEALTHCARE INC (HCA) 26,831 30,045
HDFC BANK LTD ADR (HDB) 54,202 61,204
HEALTHCARE TR AMER INC CL A (HR) 17,242 19,797
HEALTHPEAK PPTYS INC (PEAK) 6,801 7,762
HEICO CORP NEW (HEI) 22,746 25,578
HEINEKEN NV SPN ADR (HEINY) 20,409 23,766
HELLENIC TELECOMM ORG SA ADR (HLTOY) 24,690 23,869
HENKEL AG & CO KGAA (HENKY) 18,210 20,421
HENKEL KGAA PFD SHARS SPON ADR (HENOY) 11,085 12,659
HENRY SCHEIN INC (HSIC) 11,736 12,871
HERMES INTL SCA UNSPON ADR (HESAY) 63,044 72,915
HOLOGIC INC (HOLX) 12,292 12,718
HOME DEPOT INC (HD) 74,816 88,717
HONDA MOTOR COMPANY LTD ADR (HMC) 36,491 35,639
HONEYWELL INTL INC (HON) 31,865 36,490
HONG KONG EXCHANGES & CLEARING (HKXCY) 13,762 12,905
HSBC HOLDINGS PLC SPON ADR NEW (HSBC) 31,574 32,837
HUMANA INC (HUM) 27,210 25,599
HUNTINGTON BANCSHARES (HBAN) 43,185 55,739
ICF INTL INC (ICFI) 13,788 15,152
ICICI BANK LTD (IBN) 18,246 19,239
ILL TOOL WORKS INC (ITW) 41,979 47,411
ILLUMINA INC (ILMN) 30,595 33,139
INDEPENDENT BK MASS (INDB) 5,892 8,095
INDUSTRIA DE DISENO TEXTIL IND (IDEXY) 63,512 76,506
ING GROEP NV ADR (ING) 41,081 47,088
INGREDION INC COM (INGR) 55,572 63,490
INSIGHT ENTERPRISES INC (NSIT) 18,241 22,503
INSTALLED BLDG PRODS INC (IBP) 9,237 13,912
INTEGER HOLDINGS CORP (ITGR) 13,555 17,339
INTERNATIONAL GAME TECHNOLOGY (IGT) 7,690 7,017
INTL BUSINESS MACHINES CORP (IBM) 28,272 32,383
INTUIT INC (INTU) 25,219 30,460
IQVIA HOLDINGS INC (IQV) 61,910 74,042
ITAU UNIBANCO MULTIPLE ADR (ITUB) 13,894 18,376
JAMES HARDIE INDS SE (JHX) 5,004 5,104
JANUS INTERNATIONAL GROUP INC (JBI) 8,666 10,610
JAPAN AIRLS LTD ADR (JAPSY) 13,594 14,527
JOHNSON & JOHNSON (JNJ) 115,268 116,771
JONES LANG LASALLE INC (JLL) 35,937 51,373
JPMORGAN CHASE & CO (JPM) 63,829 75,865
KASIKORNBANK PUB CO LTD UNSPON (KPCPY) 21,200 24,491
KENVUE INC (KVUE) 119,302 130,127
KERING S A ADR NEW (PPRUY) 15,908 15,735
KEYSIGHT TECHNOLOGIES INC (KEYS) 60,769 74,454
KFORCE.COM (KFRC) 6,788 7,702
KIMBERLY CLARK CORP (KMB) 88,741 89,431
KIMBERLY CLARK SPON ADR (KCDMY) 39,174 45,187
KIRBY CP (KEX) 11,316 10,830
KLA CORPORATION (KLAC) 50,027 63,362
KNORR BREMSE AG ADR (KNRRY) 12,348 13,266
KOMATSU LTD SPON ADR NEW (KMTUY) 16,005 16,585
L OREAL CO ADR (LRLCY) 59,150 71,088
LAM RESEARCH CORPORATION (LRCX) 52,776 65,702
LANDSTAR SYSTEM INC (LSTR) 9,063 10,048
LEGRAND SA (LGRDY) 2,276 2,765
LEIDOS HLDGS INC (LDOS) 20,792 24,462
LEMAITRE VASCULAR INC (LMAT) 12,688 13,452
LINCOLN ELEC HLDGS INC (LECO) 27,459 33,054
LINDE PLC (LIN) 23,379 25,502
LINDSAY CORPORATION (LNN) 4,026 4,521
LOCKHEED MARTIN CORP (LMT) 45,207 51,216
LOWES COMPANIES INC (LOW) 27,199 30,267
LULULEMON ATHLETICA INC (LULU) 31,843 43,917
LVMH MOET HENNESSY LOUIS VUITT (LVMUY) 47,528 51,054
LYONDELLBASELL NV CL-A (LYB) 79,567 80,818
MAGYAR TELEKOM TELECOMM ADS (MYTAY) 28,396 36,414
MARRIOTT INTL INC NEW CL A (MAR) 27,686 32,022
MARSH & MCLENNAN COS INC (MMC) 67,030 66,693
MASTERCARD INC CL A (MA) 163,928 177,855
MATADOR RES CO (MTDR) 7,402 7,449
MATERION CORP COM (MTRN) 4,465 6,073
MATIV HOLDINGS INC (MATV) 2,299 2,587
MC DONALDS CORP (MCD) 74,690 85,692
MCGRATH RENT CP (MGRC) 4,677 5,513
MCKESSON CORP (MCK) 26,081 27,301
MEDPACE HOLDINGS, INC. (MEDP) 12,557 16,078
MEDTRONIC PLC SHS (MDT) 115,001 124,888
MEGAWORLD CORP USP ADR (MGAWY) 14,198 14,258
MERCADOLIBRE INC (MELI) 66,081 84,326
MERCK & CO INC NEW COM (MRK) 33,775 36,086
META PLATFORMS INC CL A (META) 55,617 64,421
METLIFE INC 4.75% F (MET.F) 4,561 4,786
METLIFE INC 5.62% NCUM PFD E (MET.E) 4,546 4,886
METTLER TOLEDO INTL (MTD) 13,663 15,320
MFA FINL INC (MFA) 4,401 5,815
MGP INGREDIENTS INC COM NEW (MGPI) 11,375 10,936
MICROCHIP TECHNOLOGY INC (MCHP) 22,351 25,882
MICROSOFT CORP (MSFT) 327,370 386,945
MILLICOM INTL CELLULAR SA (TIGO) 20,300 24,516
MISSION PRODUCE INC (AVO) 5,406 5,671
MITSUBISHI ELECTRIC ADR (MIELY) 19,172 23,254
MOBILEYE GLOBAL INC CL A (MBLY) 20,492 22,050
MOELIS & COMPANY CL A (MC) 7,092 8,981
MONDAY.COM LTD (MNDY) 27,942 29,862
MONDELEZ INTL INC COM (MDLZ) 20,541 21,801
MONOLITHIC PWR SYSTEMS INC (MPWR) 13,686 19,019
MOOG INC CL A (MOG'A) 14,683 15,781
MORGAN STANLEY (MS) 20,620 24,432
MOTOROLA SOLUTIONS INC (MSI) 27,393 31,309
MUELLER WATER PROD INC SER A (MWA) 18,742 21,154
MURPHY OIL CORP (MUR) 7,456 7,423
NATIONAL GRID PLC SPON ADR (NGG) 169,407 198,136
NATIONAL STORAGE AFFILIATES TR (NSA) 7,595 10,243
NETEASE.COM INC ADS (NTES) 24,961 23,569
NETFLIX INC (NFLX) 27,564 35,426
NEUROCRINE BIOSCIENCES INC (NBIX) 39,755 43,349
NEXTERA ENERGY INC (NEE) 7,035 8,321
NIKE INC B (NKE) 45,665 51,896
NIPPON TELEGRAPH&TELEPHONE ADS (NTTYY) 18,432 19,528
NN GROUP NV ADR (NNGRY) 18,006 22,214
NNN REIT INC (NNN) 8,897 10,947
NORTHERN TRUST CORP (NTRS) 22,145 28,183
NORTHROP GRUMMAN CP(HLDG CO) (NOC) 22,593 24,884
NOVARTIS AG ADR (NVS) 88,837 93,397
NOVO NORDISK A/S ADR (NVO) 69,868 81,208
NU HLDGS LTD ORD SHS CL A (NU) 32,015 38,235
NUTRIEN LTD (NTR) 19,233 18,814
NVENT ELECTRIC PLC (NVT) 13,706 15,600
OLD NATL BANCORP IND (ONB) 4,569 5,489
ONTO INNOVATION INC (ONTO) 15,161 18,042
ORACLE CORP (ORCL) 36,802 36,479
O'REILLY AUTOMOTIVE INC NEW (ORLY) 27,580 29,186
OTIS WORLDWIDE CORP (OTIS) 18,159 20,399
OVERSEA-CHINESE BKG CORP LTD (OVCHY) 17,813 19,138
PACKAGING CORP AMER (PKG) 6,852 7,278
PARKER HANNIFIN CORP (PH) 29,791 35,699
PATTERSON -UTI ENERGY INC (PTEN) 6,799 5,843
PAYCHEX INC (PAYX) 22,784 23,584
PAYCOM SOFTWARE INC (PAYC) 14,930 14,485
PAYPAL HLDGS INC COM (PYPL) 123,279 131,786
PEMBINA PIPELINE CORP COM (PBA) 31,827 38,413
PENNON GROUP PLC ADR (PEGRY) 10,517 12,626
PENNYMAC MORTGAGE INVESTMENT (PMT) 4,476 5,786
PEPSICO INC NC (PEP) 66,130 66,747
PERFICIENT INC (PRFT) 11,437 13,098
PERION NETWORK LTD (PERI) 11,523 11,761
PERMIAN RESOURCES CP CL A (PR) 8,891 9,425
PERNOD RICARD SA ADR (PRNDY) 16,897 17,682
PETROLEO BRASILEIRO SA ADR (PBR'A) 44,855 53,648
PFIZER INC (PFE) 56,110 48,137
PGT INC (PGTI) 13,602 20,513
PHILIP MORRIS INTL INC (PM) 196,514 203,119
PING AN INSURANCE ADR (PNGAY) 43,338 36,388
PNC FINL SVCS GP (PNC) 116,592 150,050
POOL CORP (POOL) 11,280 13,321
PORTLAND GENERAL ELEC CO (POR) 6,806 7,454
POSCO HOLDINGS INC ADR (PKX) 13,649 13,601
POWER INTEGRATIONS INC (POWI) 13,620 14,698
PPG INDUSTRIES INC (PPG) 55,013 62,063
PPL CORPORATION (PPL) 27,233 32,385
PPLIED MATERIALS INC (AMAT) 27,410 32,090
PRESTIGE CONSMR HEALTHCARE INC (PBH) 13,796 13,958
PROCTER & GAMBLE (PG) 70,368 70,632
PROGYNY INC (PGNY) 9,050 10,113
PROLOGIS INC COM (PLD) 9,084 11,253
PROSPERITY BANCSHARES (PB) 6,755 8,466
PT INDOFOOD SUKSES MAKMUR TBK (PIFMY) 35,818 35,231
PTC INC COM (PTC) 27,202 34,292
PUBLIC STORAGE (PSA) 9,104 10,753
PUBLICIS GROUPE SA ADR (PUBGY) 30,307 37,534
QIAGEN NV (QGEN) 4,796 5,081
QUALYS INC COM (QLYS) 29,798 37,882
QUEST DIAGNOSTICS INC (DGX) 7,591 7,556
RAMBUS INC (DEL) (RMBS) 10,232 12,422
RAYMOND JAMES FINCL INC (RJF) 13,951 16,279
REALTY INCOME CORP (O) 25,001 29,169
RED ROCK RESORTS INC CL A (RRR) 6,746 8,586
REINSURANCE GROUP OF AMERICA (RGA) 15,924 17,796
REPUBLIC SERVICES INC (RSG) 30,617 33,312
RESMED INC (RMD) 9,638 11,350
RH (RH) 2,011 2,411
ROCHE HOLDINGS ADR (RHHBY) 59,223 64,634
ROHM CO LTD UNSPONS ADR (ROHCY) 20,120 21,163
ROPER TECHNOLOGIES INC (ROP) 27,628 30,965
ROYAL BANK OF CANADA (RY) 38,554 47,329
RUSH ENTERPRISES INC CL A (RUSHA) 6,918 8,501
S&P GLOBAL INC COM (SPGI) 27,422 33,527
SAFRAN SA (SAFRY) 36,357 42,143
SAIA INC (SAIA) 25,551 27,637
SALESFORCE INC (CRM) 27,499 35,787
SANDS CHINA LTD UNSPONSORE ADR (SCHYY) 19,971 20,513
SANOFI ADR (SNY) 227,390 209,463
SAP AG (SAP) 20,338 24,425
SCHNEIDER ELEC SA UNSP ADR (SBGSY) 35,968 44,057
SEKISUI HOUSE LTD ADR (SKHSY) 15,662 18,661
SELECTIVE INSURANCE GROUP (SIGI) 9,340 8,794
SENDAS DISTRIBUIDORA S A ADR (ASAI) 32,133 38,834
SERVICENOW INC (NOW) 58,891 76,301
SEVEN & I HLDGS CO LTD ADR (SVNDY) 20,547 21,470
SHANGHAI PHARMA HLDG CO LTD (SHPMY) 24,554 23,862
SHELL PLC ADR (SHEL) 126,468 133,442
SHINHAN FINANCIAL GROUP CO LTD (SHG) 31,745 37,952
SIEMENS AKTIENGESELLSCHAFT (SIEGY) 34,065 45,424
SIGNET JEWELERS LIMITED (SIG) 5,397 7,804
SJW GROUP (SJW) 6,651 7,448
SK TELECOM LTD ADR (SKM) 30,083 31,758
SKYLINE CORP (SKY) 21,246 25,323
SM ENERGY COMPANY (SM) 13,719 12,778
SOMPO HOLDINGS INC ADR (SMPNY) 25,005 29,593
SOUTHERN CO (SO) 74,779 81,900
SOUTHWEST AIRLINES (LUV) 2,098 2,427
SPIRE INC (SR) 8,936 9,912
SPROUTS FARMERS MARKET INC (SFM) 16,164 18,282
SPS COMMERCE INC (SPSC) 15,928 18,537
STAG INDL INC COM (STAG) 9,111 10,639
STERICYCLE INC (SRCL) 25,218 29,736
STERIS PLC (STE) 13,693 13,721
STERLING INFRASTRUCTURE INC (STRL) 17,258 20,751
SUMITOMO MITSUI TR HLDGS INC (SUTNY) 25,241 26,494
SUN COMMUNITIES INC (SUI) 9,123 10,662
SUPERNUS PHARMACEUTICALS INC (SUPN) 9,021 9,666
SUZANO SA ADR (SUZ) 18,311 19,244
SYNOPSYS INC (SNPS) 29,896 33,388
TAIWAN SMCNDCTR MFG CO LTD ADR (TSM) 156,167 188,448
TAKE TWO INTERACTIVE SOFTWARE (TTWO) 11,491 13,260
TAKEDA PHARMACEUTCL CO LTD ADR (TAK) 70,798 68,896
TARGET CORPORATION (TGT) 6,120 7,643
TAYLOR WIMPEY PLC ADR-ORD SHS (TWODY) 22,523 30,818
TC ENERGY CORP (TRP) 114,679 136,072
TECHNIP ENERGIES N V ADR (THNPY) 36,060 35,483
TECHTRONIC IND LTD SPONS ADR (TTNDY) 12,580 12,810
TELEDYNE TECH INC (TDY) 13,639 15,194
TELEFONICA BRASIL SA ADR (VIV) 65,964 83,866
TELENOR ASA ADS (TELNY) 19,087 20,046
TELUS CORP NEW (TU) 29,782 33,161
TESCO PLC ADR (TSCDY) 29,590 33,341
TEXAS INSTRUMENTS (TXN) 47,913 51,820
THALES USDPONSORD ADR (THLLY) 20,260 22,136
THE CIGNA GROUP (CI) 32,697 34,437
THE COOPER COMPANIES INC (COO) 45,403 54,874
THE SIMPLY GOOD FOODS COMPANY (SMPL) 11,427 13,504
THERMO FISHER SCIENTIFIC (TMO) 27,283 28,977
TIGER BRANDS LTD SPON ADR NEW (TBLMY) 16,226 23,500
TIM S A ADR (TIMB) 34,216 43,349
TJX COS INC NEW (TJX) 112,451 120,171
TOTALENERGIES SE SPONSORED ADS (TTE) 252,413 269,048
TOWNEBANK VA (TOWN) 4,613 6,160
TOYOTA MOTOR CP ADR NEW (TM) 27,546 29,891
TRANE TECHNOLOGIES PLC (TT) 18,424 22,565
TRAVELERS COMPANIES INC COM (TRV) 56,797 66,862
TRAVELSKY TECH LTD SPONS ADR (TSYHY) 49,874 51,037
TRUIST FINL CORP (TFC) 74,819 102,121
U S BANCORP COM NEW (USB) 88,249 122,006
U.S BANCORP PFD B 6.1695% (USB.H) 6,889 7,577
UBS GROUP AG SHS (UBS) 38,671 49,873
ULTA BEAUTY INC (ULTA) 13,571 16,794
ULTRA CLEAN HOLDINGS INC (UCTT) 3,348 3,095
UNILEVER PLC (NEW) ADS (UL) 112,860 112,086
UNION PACIFIC CORP (UNP) 94,766 113,968
UNITED BANKSHARES INC W VA (UBSI) 6,789 9,012
UNITED PARCEL SER INC CL-B (UPS) 96,741 99,055
UNITED UTILITIES GROUP PLC (UUGRY) 18,324 20,044
UNITEDHEALTH GP INC (UNH) 96,756 100,029
UNIVERSAL HEALTH SERVICES B (UHS) 4,397 5,413
VALERO ENERGY CP DELA NEW (VLO) 20,002 20,150
VALMONT INDUSTRIES (VMI) 13,589 13,629
VALONBAY COMM INC (AVB) 9,024 10,087
VALVOLINE INC COM (VVV) 28,930 29,989
VERISK ANALYTICS INC COM (VRSK) 22,928 22,927
VERIZON COMMUNICATIONS (VZ) 157,286 188,236
VERTEX PHARMACEUTICALS (VRTX) 27,659 32,091
VISA INC CL A (V) 94,394 106,223
W W GRAINGER INC (GWW) 27,579 32,904
WAL-MART DE MEXICO SA SPON ADR (WMMVY) 8,971 11,425
WALMART INC (WMT) 39,863 39,255
WALT DISNEY CO HLDG CO (DIS) 35,903 38,644
WASTE MGMT INC (DELA) (WM) 15,162 17,721
WATERS CORP (WAT) 36,031 46,092
WATTS WTR TECH INC A (WTS) 16,081 18,626
WEC ENERGY GROUP INC COM (WEC) 8,986 9,680
WELLS FARGO & CO NEW (WFC) 82,652 104,593
WERNER ENTERPRISES INC (WERN) 9,597 10,635
WEST PHARMACEUTICAL SVCS INC (WST) 16,062 15,267
WESTERN ALLIANCE BANCORP (WAL) 8,597 13,092
WEX INC COM (WEX) 27,046 28,599
WILLIAMS CO INC (WMB) 135,761 142,942
WILLSCOT MOBILE MINI HOLDINGS (WSC) 9,171 10,057
WILMAR INTL LTD UNSPON ADR (WLMIY) 32,831 33,830
WNS HOLDINGS LIMITED (WNS) 8,905 8,153
WOLTERS KLUWER NV SPON ADR (WTKWY) 25,479 29,429
WYNN MACAU LTD UNSPON ADR (WYNMY) 11,162 9,948
XCEL ENERGY INC (XEL) 35,579 37,517
YAMAHA CORPORATION SPONS ADR (YAMCY) 12,405 11,806
YETI HOLDINGS INC (YETI) 13,592 15,948
YUE YUEN INDL HLDGS LTD (YUEIY) 28,231 27,251
ZIONS BANCORPORATION N A (ZION) 7,659 10,309
ZOETIS INC CLASS-A (ZTS) 67,960 79,343
ZTO EXPRESS CAYMAN INC CL A (ZTO) 38,042 34,346
ZURICH INSURANCE GRP LTD ADR (ZURVY) 63,947 74,429

TY 2023 InvestmentsGovtObligationsSch
Name:
THE RAVITZ FOUNDATION
EIN:
38-3508943
US Government Securities - End of Year Book Value:

3,670,249
US Government Securities - End of Year Fair Market Value:

3,682,701
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsOtherSchedule2
Name:
THE RAVITZ FOUNDATION
EIN:
38-3508943
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
APOLLO DEBT BDC - CLASS I AT COST 400,000 400,000
BLUE OWL REAL ESTATE NLT AT COST 600,000 598,732
CARLYLE TACT PRIVATE CREDIT N (TAKNX) AT COST 400,000 402,854
CULLEN EMERG MKTS HIGH DIV I (CEMFX) AT COST 1,588,231 1,773,500
FEDERATED HRMS INTL DIV STRAT (FIDPX) AT COST 783,861 863,733
FULLER&THALER BHV SMCP EQ INST (FTHSX) AT COST 453,454 521,403
GOLDENTREE SELECT LTD. AT COST 400,000 400,000
HENNESSY JAPAN INST (HJPIX) AT COST 1,324,344 1,419,281
LOCUST WOOD CAPITAL OFFSH AT COST 400,000 400,000
MATTHEWS ASIAN GWTH & INC INST (MICSX) AT COST 906,909 960,527
MSIF ULTRA-SHORT INCOME IR (MULSX) AT COST 267,116 267,383
PIONEER MLTI AST ULT SHT INC Y (MYFRX) AT COST 750,000 760,263
PUTNAM ULTRA SHT DUR INC Y (PSDYX) AT COST 750,000 757,500
RIVERVIEW OMNI (CAYMAN) E AT COST 600,000 600,000
INVESCO DB COMMODITY INDEX TRA (DBC) CUMULATIVE BASIS ADJ AT COST 251,187 0

TY 2023 LegalFeesSchedule
Name:
THE RAVITZ FOUNDATION
EIN:
38-3508943
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 5,429 2,715   2,714


TY 2023 OtherAssetsSchedule
Name:
THE RAVITZ FOUNDATION
EIN:
38-3508943
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PRE-PAID PAYROLL TAX 38,066 21,194 21,194


TY 2023 OtherExpensesSchedule
Name:
THE RAVITZ FOUNDATION
EIN:
38-3508943
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 2,409 1,204   1,205
OFFICE EXPENSE 3,803 1,901   1,902
INVESTMENT EXPENSES FROM K-1S 6,963 6,963   0
SOFTWARE 25,719 12,859   12,860
UNAPPLIED CASH BILL EXPENSE 82 41   41
FUNDRAISING FEE 7,948 3,974   3,974
DUES 10,401 0   10,401


TY 2023 OtherIncreasesSchedule
Name:
THE RAVITZ FOUNDATION
EIN:
38-3508943
Description Amount
COST BASIS ADJUSTMENT 30,297


TY 2023 OtherLiabilitiesSchedule
Name:
THE RAVITZ FOUNDATION
EIN:
38-3508943
Description Beginning of Year - Book Value End of Year - Book Value
ACCRUED STATE WITHHOLDING 2,001 0
FSA PAYABLE 1,425 4,422
FEDERAL UNEMPLOYMENT TAX PAYABLE 92 126
MI PAYROLL TAX PAYABLE 3,945 8,149
MI UNEMPLOYMENT TAX PAYABLE 74 0


TY 2023 OtherProfessionalFeesSchedule
Name:
THE RAVITZ FOUNDATION
EIN:
38-3508943
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 187,547 187,547   0
CONSULTANT 0 0   0


TY 2023 TaxesSchedule
Name:
THE RAVITZ FOUNDATION
EIN:
38-3508943
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 1,734 1,734   0