The Piper Foundation Inc: Form 990PF 2023

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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 PIPER FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)5025 PENDLETON SQUARE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
VERO BEACH, FL32967

A Employer identification number

24-0863140

B Telephone number (see instructions)

(847) 858-8943

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$1,291,828J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	2		2
4	Dividends and interest from securities...	33,938		33,938
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		4,574
b	Gross sales price for all assets on line 6a 2,373,610
7	Capital gain net income (from Part IV, line 2)...			4,574
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).......	List of Attached Documents: // Content	487	0
12	Total. Add lines 1 through 11........	39,001		38,514
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	2,500	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	1,136		0	0
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	12,304	12,304	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	15,940		12,304	0
25	Contributions, gifts, grants paid.......	51,100			51,100
26	Total expenses and disbursements. Add lines 24 and 25	67,040		12,304	51,100
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-28,039
b	Net investment income (if negative, enter -0-)			26,210
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	7,999	4,360	4,360
	2	Savings and temporary cash investments.........	46,536	21,830	1,830
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	1,156,624	List of Attached Documents: // Content 1,156,930	1,282,090
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	35	List of Attached Documents: // Content 35	3,548
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,211,194	1,183,155	1,291,828
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	1,319,949	1,319,949
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	-108,755	-136,794
	29	Total net assets or fund balances (see instructions).....	1,211,194	1,183,155
	30	Total liabilities and net assets/fund balances (see instructions).	1,211,194	1,183,155

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

1,211,194

Enter amount from Part I, line 27a .....................

-28,039

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

1,183,155

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

1,183,155

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	AB SEL US LG/SHT ADV	P	2022-07-19	2023-01-12
b	AB SEL US LG/SHT ADV	P	2022-12-06	2023-01-12
c	AB SEL US LG/SHT ADV	P	2022-12-06	2023-01-12
d	ABBEY CPTL FUTURES STRATEGY I	P	2022-07-19	2023-01-12
e	ABBEY CPTL FUTURES STRATEGY I	P	2022-08-24	2023-01-12
	ABBEY CPTL FUTURES STRATEGY I	P	2022-12-06	2023-01-12
	ABBEY CPTL FUTURES STRATEGY I	P	2022-12-06	2023-01-12
	ABBEY CPTL FUTURES STRATEGY I	P	2022-12-06	2023-01-12
	ABBEY CPTL FUTURES STRATEGY I	P	2023-02-16	2023-06-06
	ABBEY CPTL FUTURES STRATEGY I	P	2023-02-16	2023-07-10
	ABBEY CPTL FUTURES STRATEGY I	P	2023-09-21	2023-12-22
	ABBEY CPTL FUTURES STRATEGY I	P	2023-12-07	2023-12-22
	AMER BEACON AHL MNGD FUT STR Y	P	2022-07-19	2023-02-16
	AMER BEACON AHL MNGD FUT STR Y	P	2022-08-24	2023-02-16
	AMER BEACON AHL MNGD FUT STR Y	P	2022-12-22	2023-02-16
	AMER BEACON AHL MNGD FUT STR Y	P	2022-12-22	2023-02-16
	AMER BEACON AHL MNGD FUT STR Y	P	2022-12-22	2023-02-16
	AMER BEACON AHL MNGD FUT STR Y	P	2023-01-12	2023-02-16
	AMER BEACON AHL MNGD FUT STR Y	P	2023-04-13	2023-06-06
	AMER BEACON AHL MNGD FUT STR Y(CONT.)	P	2023-04-13	2023-09-21
	AMER BEACON AHL MNGD FUT STR Y(CONT.)	P	2023-07-10	2023-09-21
	AMERICAN STRATEGIC BOND F2	P	2023-04-13	2023-06-06
	AMERICAN STRATEGIC BOND F2	P	2023-07-10	2023-09-21
	AMERICAN STRATEGIC BOND F2	P	2023-09-15	2023-09-21
	AMERICAN STRATEGIC BOND F2	P	2023-10-27	2023-12-22
	AMERICAN STRATEGIC BOND F2	P	2023-12-18	2023-12-22
	ARTISAN INTL VALUE ADV	P	2022-11-04	2023-02-16
	ARTISAN INTL VALUE ADV	P	2023-01-12	2023-06-06
	ARTISAN INTL VALUE ADV	P	2023-11-29	2023-12-22
	BLACKROCK HI YIELD BD PTF INST	P	2022-11-04	2023-02-16
	BLACKROCK HI YIELD BD PTF INST	P	2022-12-30	2023-12-22
	BLACKROCK HI YIELD BD PTF INST	P	2023-01-31	2023-12-22
	BLACKROCK HI YIELD BD PTF INST	P	2023-02-28	2023-12-22
	BLACKROCK HI YIELD BD PTF INST	P	2023-03-31	2023-12-22
	BLACKROCK HI YIELD BD PTF INST	P	2023-04-28	2023-12-22
	BLACKROCK HI YIELD BD PTF INST	P	2023-05-31	2023-12-22
	BLACKROCK HI YIELD BD PTF INST	P	2023-06-06	2023-12-22
	BLACKROCK HI YIELD BD PTF INST	P	2023-06-30	2023-12-22
	BLACKROCK HI YIELD BD PTF INST	P	2023-07-31	2023-12-22
	BLACKROCK HI YIELD BD PTF INST	P	2023-08-31	2023-12-22
	BLACKROCK HI YIELD BD PTF INST	P	2023-09-29	2023-12-22
	BLACKROCK HI YIELD BD PTF INST	P	2023-10-27	2023-12-22
	BLACKROCK HI YIELD BD PTF INST	P	2023-10-31	2023-12-22
	BLACKROCK HI YIELD BD PTF INST	P	2023-11-30	2023-12-22
	BLACKROCK SYSTMC MULTI STRAT I	P	2022-11-04	2023-01-12
	BLACKROCK SYSTMC MULTI STRAT I(CONT.)	P	2022-12-29	2023-01-12
	BLACKROCK SYSTMC MULTI STRAT I(CONT.)	P	2023-02-16	2023-04-13
	BLACKROCK SYSTMC MULTI STRAT I(CONT.)	P	2023-02-16	2023-07-10
	BLACKROCK SYSTMC MULTI STRAT I(CONT.)	P	2023-06-06	2023-07-10
	BLACKROCK TOTAL RET I	P	2022-09-27	2023-02-16
	BLACKROCK TOTAL RET I	P	2022-09-27	2023-07-10
	BLACKROCK TOTAL RET I	P	2022-09-30	2023-07-10
	BLACKROCK TOTAL RET I	P	2022-10-31	2023-07-10
	BLACKROCK TOTAL RET I	P	2022-11-30	2023-07-10
	BLACKROCK TOTAL RET I	P	2022-12-30	2023-07-10
	BLACKROCK TOTAL RET I	P	2023-01-12	2023-07-10
	BLACKROCK TOTAL RET I	P	2023-01-31	2023-07-10
	BLACKROCK TOTAL RET I	P	2023-02-28	2023-07-10
	BLACKROCK TOTAL RET I	P	2023-03-31	2023-07-10
	BLACKROCK TOTAL RET I	P	2023-04-13	2023-07-10
	BLACKROCK TOTAL RET I	P	2023-04-28	2023-07-10
	BLACKROCK TOTAL RET I	P	2023-05-31	2023-07-10
	BLACKROCK TOTAL RET I	P	2023-06-06	2023-07-10
	BLACKROCK TOTAL RET I	P	2023-06-30	2023-07-10
	BLACKROCK TOTAL RET I	P	2023-09-21	2023-10-27
	BLACKROCK TOTAL RET I	P	2023-09-29	2023-10-27
	BNY MELLON NATURAL RES I	P	2023-02-16	2023-04-13
	BNY MELLON NATURAL RES I	P	2023-06-06	2023-12-22
	BNY MELLON NATURAL RES I	P	2023-12-06	2023-12-22
	BNY MELLON NATURAL RES I	P	2023-12-06	2023-12-22
	BNY MELLON NATURAL RES I	P	2023-12-06	2023-12-22
	CALAMOS MARKET NEUTRAL INC I	P	2023-01-12	2023-02-16
	CALAMOS MARKET NEUTRAL INC I	P	2023-01-12	2023-04-13
	CALAMOS MARKET NEUTRAL INC I (CONT.)	P	2023-03-15	2023-04-13
	CALAMOS PHINEUS LONG/SHORT I	P	2023-01-12	2023-04-13
	CATALYST MILLBURN HGD STRAT I	P	2022-09-27	2023-01-12
	CATALYST MILLBURN HGD STRAT I	P	2022-12-13	2023-01-12
	CATALYST MILLBURN HGD STRAT I	P	2022-12-13	2023-01-12
	CATALYST MILLBURN HGD STRAT I	P	2022-12-13	2023-01-12
	CATALYST MILLBURN HGD STRAT I	P	2023-02-16	2023-06-06
	CATALYST MILLBURN HGD STRAT I	P	2023-04-13	2023-06-06
	COHEN & STEERS REALTY SHS INC	P	2023-02-16	2023-04-13
	COHEN & STEERS REALTY SHS INC	P	2023-03-31	2023-04-13
	COHEN & STEERS REALTY SHS INC	P	2023-06-06	2023-09-21
	COHEN & STEERS REALTY SHS INC	P	2023-06-30	2023-09-21
	DBX ETF TR XTRACK MSCI EURP	P	2022-09-27	2023-02-16
	FIDELITY ADV JAPAN I	P	2023-02-16	2023-06-06
	FIDELITY ADV JAPAN I	P	2023-02-16	2023-10-27
	FRANKLIN MUTUAL INTL VALUE Z	P	2022-12-20	2023-06-06
	FRANKLIN MUTUAL INTL VALUE Z	P	2023-02-16	2023-06-06
	FRANKLIN MUTUAL INTL VALUE Z	P	2023-10-02	2023-12-22
	FRANKLIN MUTUAL INTL VALUE Z	P	2023-12-20	2023-12-22
	GOLDMAN SACHS GQG INTL OPP I	P	2023-02-16	2023-06-06
	GOLDMAN SACHS GQG INTL OPP I	P	2023-07-10	2023-12-22
	GOLDMAN SACHS GQG INTL OPP I (CONT.)	P	2023-12-20	2023-12-22
	GQG PARTNERS EMRG MKTS EQ INS	P	2023-02-16	2023-06-06
	GQG PARTNERS EMRG MKTS EQ INS	P	2023-04-13	2023-06-06
	GQG PARTNERS EMRG MKTS EQ INS	P	2023-02-16	2023-12-22
	GQG PARTNERS EMRG MKTS EQ INS	P	2023-10-27	2023-12-22
	HARTFORD SCHRODERS INTL STK I	P	2023-02-16	2023-09-21
	HARTFORD SCHRODERS INTL STK I	P	2023-06-06	2023-09-21
	HARTFORD SCHRODERS INTL STK I	P	2023-07-10	2023-09-21
	HARTFORD SCHRODERS INTL STK I	P	2023-10-27	2023-12-22
	HEALTH CARE SEL SECT SPDR FD	P	2022-09-27	2023-02-16
	INVESCO EQV ASIA PACIFIC EQ Y	P	2023-02-16	2023-07-10
	INVESCO EQV ASIA PACIFIC EQ Y	P	2023-06-06	2023-07-10
	INVESCO EQV EUROPEAN EQ Y	P	2022-11-04	2023-02-16
	INVESCO EQV EUROPEAN EQ Y	P	2022-12-16	2023-02-16
	INVESCO EQV EUROPEAN EQ Y	P	2022-12-16	2023-02-16
	INVESCO FLOATING RATE ESG Y	P	2022-07-19	2023-06-06
	INVESCO FLOATING RATE ESG Y	P	2022-09-30	2023-06-06
	INVESCO FLOATING RATE ESG Y	P	2022-09-30	2023-06-06
	INVESCO FLOATING RATE ESG Y	P	2022-11-30	2023-06-06
	INVESCO FLOATING RATE ESG Y	P	2022-07-19	2023-07-10
	INVESCO FLOATING RATE ESG Y	P	2022-10-31	2023-07-10
	INVESCO FLOATING RATE ESG Y	P	2022-11-04	2023-07-10
	INVESCO FLOATING RATE ESG Y(CONT.)	P	2022-12-30	2023-07-10
	INVESCO FLOATING RATE ESG Y(CONT.)	P	2023-01-31	2023-07-10
	INVESCO FLOATING RATE ESG Y(CONT.)	P	2023-02-16	2023-07-10
	INVESCO FLOATING RATE ESG Y(CONT.)	P	2023-02-28	2023-07-10
	INVESCO FLOATING RATE ESG Y(CONT.)	P	2023-03-31	2023-07-10
	INVESCO FLOATING RATE ESG Y(CONT.)	P	2023-04-28	2023-07-10
	INVESCO FLOATING RATE ESG Y(CONT.)	P	2023-05-31	2023-07-10
	INVESCO FLOATING RATE ESG Y(CONT.)	P	2023-05-31	2023-07-10
	INVESCO FLOATING RATE ESG Y(CONT.)	P	2023-05-31	2023-07-10
	INVESCO FLOATING RATE ESG Y(CONT.)	P	2023-06-30	2023-07-10
	INVESCO FLOATING RATE ESG Y(CONT.)	P	2023-06-30	2023-07-10
	INVESCO FTSE RAFI DEV MRKTS EX	P	2022-09-27	2023-02-16
	INVESCO S&P 500 EQUAL WEIGHT E	P	2022-09-27	2023-02-16
	ISHARES EDGE MSCI MIN VOL EMER	P	2022-09-27	2023-02-16
	ISHARES INC MSCI JAPAN ETF	P	2022-11-04	2023-02-16
	ISHARES RUSSELL MID-CAP ETF	P	2022-11-04	2023-02-16
	ISHARES RUSSELL MID-CAP ETF	P	2022-11-04	2023-10-27
	ISHARES RUSSELL MID-CAP ETF	P	2023-06-06	2023-10-27
	ISHARES RUSSELL 1000 ETF	P	2022-11-04	2023-02-16
	ISHARES RUSSELL 1000 ETF	P	2022-11-04	2023-06-06
	ISHARES RUSSELL 1000 VALUE ETF	P	2022-11-04	2023-02-16
	ISHARES RUSSELL 1000 VALUE ETF	P	2022-11-04	2023-06-06
	ISHARES RUSSELL 1000 VALUE ETF(CONT.)	P	2022-11-04	2023-10-27
	JANUS HENDERSON EURO FOCUS I	P	2023-02-16	2023-06-06
	JANUS HENDERSON EURO FOCUS I	P	2023-02-16	2023-07-10
	JANUS HENDERSON EURO FOCUS I	P	2023-10-27	2023-12-22
	JANUS HENDERSON EURO FOCUS I	P	2023-12-07	2023-12-22
	JPMORGAN HEDGED EQUITY 2 I	P	2022-09-27	2023-01-12
	JPMORGAN HEDGED EQUITY 2 I	P	2022-09-28	2023-01-12
	JPMORGAN HEDGED EQUITY 2 I	P	2022-12-13	2023-01-12
	JPMORGAN HEDGED EQUITY 2 I	P	2022-12-13	2023-01-12
	JPMORGAN HEDGED EQUITY 2 I	P	2022-12-20	2023-01-12
	JPMORGAN HEDGED EQUITY 2 I	P	2023-06-06	2023-12-22
	JPMORGAN HEDGED EQUITY 2 I	P	2023-06-28	2023-12-22
	JPMORGAN HEDGED EQUITY 2 I	P	2023-12-20	2023-12-22
	JPMORGAN HEDGED EQUITY 3 I	P	2023-01-12	2023-02-16
	METROPOLITAN WEST TOT RET BD I	P	2022-09-27	2023-07-10
	METROPOLITAN WEST TOT RET BD I	P	2022-09-30	2023-07-10
	METROPOLITAN WEST TOT RET BD I	P	2022-10-31	2023-07-10
	METROPOLITAN WEST TOT RET BD I	P	2022-11-30	2023-07-10
	METROPOLITAN WEST TOT RET BD I	P	2022-12-30	2023-07-10
	METROPOLITAN WEST TOT RET BD I	P	2023-01-12	2023-07-10
	METROPOLITAN WEST TOT RET BD I	P	2023-01-31	2023-07-10
	METROPOLITAN WEST TOT RET BD I	P	2023-02-28	2023-07-10
	METROPOLITAN WEST TOT RET BD I	P	2023-03-31	2023-07-10
	METROPOLITAN WEST TOT RET BD I	P	2023-04-13	2023-07-10
	METROPOLITAN WEST TOT RET BD I	P	2023-04-28	2023-07-10
	METROPOLITAN WEST TOT RET BD I	P	2023-05-31	2023-07-10
	METROPOLITAN WEST TOT RET BD I	P	2023-06-06	2023-07-10
	METROPOLITAN WEST TOT RET BD I(CONT.)	P	2023-06-30	2023-07-10
	METROPOLITAN WEST TOT RET BD I(CONT.)	P	2023-09-21	2023-10-27
	METROPOLITAN WEST TOT RET BD I(CONT.)	P	2023-09-29	2023-10-27
	MFS INTERNATIONAL I	P	2023-09-21	2023-10-27
	NEUBERGER BERMAN LG SH INST	P	2022-09-27	2023-02-16
	NEUBERGER BERMAN LG SH INST	P	2022-12-21	2023-02-16
	NEUBERGER BERMAN LG SH INST	P	2022-12-21	2023-02-16
	NEUBERGER BERMAN LG SH INST	P	2022-12-21	2023-02-16
	PERFORMANCE TRUST STRAT BD I	P	2023-10-27	2023-12-22
	PERFORMANCE TRUST STRAT BD I	P	2023-11-15	2023-12-22
	PERFORMANCE TRUST STRAT BD I	P	2023-12-15	2023-12-22
	PGIM FLOATING RATE INCOME Z	P	2022-07-19	2023-02-16
	PGIM FLOATING RATE INCOME Z	P	2022-07-19	2023-06-06
	PGIM FLOATING RATE INCOME Z	P	2022-09-30	2023-06-06
	PGIM FLOATING RATE INCOME Z	P	2022-09-30	2023-06-06
	PGIM FLOATING RATE INCOME Z	P	2023-01-31	2023-06-06
	PGIM FLOATING RATE INCOME Z	P	2023-02-28	2023-06-06
	PGIM HIGH YIELD Z	P	2022-09-27	2023-02-16
	PGIM HIGH YIELD Z	P	2022-10-31	2023-10-27
	PGIM HIGH YIELD Z	P	2022-11-30	2023-10-27
	PGIM HIGH YIELD Z	P	2022-12-22	2023-10-27
	PGIM HIGH YIELD Z	P	2022-12-30	2023-10-27
	PGIM HIGH YIELD Z	P	2023-01-31	2023-10-27
	PGIM HIGH YIELD Z	P	2023-02-28	2023-10-27
	PGIM HIGH YIELD Z	P	2023-03-31	2023-10-27
	PGIM HIGH YIELD Z (CONT.)	P	2023-04-28	2023-10-27
	PGIM HIGH YIELD Z (CONT.)	P	2023-05-31	2023-10-27
	PGIM HIGH YIELD Z (CONT.)	P	2023-06-06	2023-10-27
	PGIM HIGH YIELD Z (CONT.)	P	2023-06-30	2023-10-27
	PGIM HIGH YIELD Z (CONT.)	P	2023-07-31	2023-10-27
	PGIM HIGH YIELD Z (CONT.)	P	2023-08-31	2023-10-27
	PGIM HIGH YIELD Z (CONT.)	P	2023-09-29	2023-10-27
	PGIM JEN INTL OPPORTUNITIES Z	P	2022-11-04	2023-02-16
	PGIM JENN EMRG MKT EQ OPPS Z	P	2022-09-27	2023-04-13
	PGIM JENN EMRG MKT EQ OPPS Z	P	2023-02-16	2023-04-13
	PGIM JENN EMRG MKT EQ OPPS Z	P	2023-06-06	2023-10-27
	PIMCO COMM REAL RET STRAT I2	P	2022-09-27	2023-02-16
	PIMCO COMM REAL RET STRAT I2	P	2022-12-27	2023-02-16
	PIMCO COMM REAL RET STRAT I2	P	2023-04-13	2023-06-06
	PIMCO INCOME I2	P	2023-01-12	2023-02-16
	PIMCO INCOME I2	P	2023-01-31	2023-02-16
	PIMCO INCOME I2	P	2023-04-13	2023-06-06
	PIMCO INCOME I2	P	2023-04-13	2023-07-10
	PIMCO INCOME I2	P	2023-04-28	2023-07-10
	PIMCO INCOME I2	P	2023-05-31	2023-07-10
	PIMCO INCOME I2	P	2023-06-30	2023-07-10
	PIMCO LOW DURATION INC I2	P	2022-11-04	2023-01-12
	PIMCO LOW DURATION INC I2	P	2022-11-04	2023-04-13
	PIMCO LOW DURATION INC I2	P	2022-11-30	2023-04-13
	PIMCO LOW DURATION INC I2	P	2022-12-27	2023-04-13
	PIMCO LOW DURATION INC I2 (CONT.)	P	2022-12-30	2023-04-13
	PIMCO LOW DURATION INC I2 (CONT.)	P	2023-01-31	2023-04-13
	PIMCO LOW DURATION INC I2 (CONT.)	P	2023-02-16	2023-04-13
	PIMCO LOW DURATION INC I2 (CONT.)	P	2023-02-28	2023-04-13
	PIMCO LOW DURATION INC I2 (CONT.)	P	2023-03-31	2023-04-13
	PIMCO LOW DURATION INC I2 (CONT.)	P	2023-06-06	2023-10-27
	PIMCO LOW DURATION INC I2 (CONT.)	P	2023-06-30	2023-10-27
	PIMCO LOW DURATION INC I2 (CONT.)	P	2023-07-10	2023-10-27
	PIMCO LOW DURATION INC I2 (CONT.)	P	2023-07-31	2023-10-27
	PIMCO LOW DURATION INC I2 (CONT.)	P	2023-08-31	2023-10-27
	PIMCO LOW DURATION INC I2 (CONT.)	P	2023-09-29	2023-10-27
	PIMCO TRENDS MGD FTRS STG I2	P	2022-09-27	2023-01-12
	PIMCO TRENDS MGD FTRS STG I2	P	2022-12-07	2023-01-12
	PIMCO TRENDS MGD FTRS STG I2	P	2022-12-07	2023-01-12
	PIMCO TRENDS MGD FTRS STG I2	P	2022-12-27	2023-01-12
	PIMCO TRENDS MGD FTRS STG I2	P	2023-02-16	2023-04-13
	PIMCO TRENDS MGD FTRS STG I2	P	2023-06-06	2023-07-10
	PRINCIPAL REAL EST SEC INST	P	2022-11-04	2023-02-16
	PRINCIPAL REAL EST SEC INST	P	2022-12-28	2023-02-16
	PRINCIPAL REAL EST SEC INST	P	2022-12-28	2023-02-16
	PRINCIPAL REAL EST SEC INST	P	2023-04-13	2023-06-06
	PZENA EMERGING MKTS VAL INST	P	2023-02-16	2023-06-06
	PZENA EMERGING MKTS VAL INST	P	2023-04-13	2023-06-06
	PZENA EMERGING MKTS VAL INST	P	2023-10-27	2023-12-22
	PZENA EMERGING MKTS VAL INST	P	2023-12-19	2023-12-22
	PZENA EMERGING MKTS VAL INST	P	2023-12-19	2023-12-22
	PZENA EMERGING MKTS VAL INST	P	2023-12-19	2023-12-22
	T ROWE PRICE EUROPEAN STK FD	P	2023-02-16	2023-06-06
	T ROWE PRICE EUROPEAN STK FD	P	2023-02-16	2023-09-21
	T ROWE PRICE EUROPEAN STK FD	P	2023-07-10	2023-09-21
	VANGUARD RUSSELL 2000 ETF	P	2023-02-16	2023-04-13
	VANGUARD SMALL CAP ETF	P	2023-04-13	2023-10-27
	VICTORY MARKET NEUTRAL INC I	P	2022-09-27	2023-01-12
	VICTORY MARKET NEUTRAL INC I	P	2022-10-20	2023-01-12
	VICTORY MARKET NEUTRAL INC I	P	2022-11-04	2023-01-12
	VICTORY MARKET NEUTRAL INC I	P	2022-11-22	2023-01-12
	VICTORY MARKET NEUTRAL INC I	P	2022-12-14	2023-01-12
	VICTORY MARKET NEUTRAL INC I	P	2022-12-14	2023-01-12
	VICTORY MARKET NEUTRAL INC I	P	2022-12-21	2023-01-12
	VICTORY MARKET NEUTRAL INC I	P	2023-02-16	2023-04-13
	VICTORY MARKET NEUTRAL INC I	P	2023-02-21	2023-04-13
	VICTORY MARKET NEUTRAL INC I	P	2023-02-16	2023-06-06
	VICTORY MARKET NEUTRAL INC I	P	2023-03-21	2023-06-06
	VICTORY MARKET NEUTRAL INC I	P	2023-03-21	2023-06-06
	VICTORY MARKET NEUTRAL INC I	P	2023-04-20	2023-06-06
	VICTORY MARKET NEUTRAL INC I	P	2023-05-23	2023-06-06
	WISDOMTREE TRUST JAPN HEDGE EQ	P	2022-09-27	2023-02-16
	BLACKROCK HI YIELD BD PTF INST	P	2022-11-30	2023-12-22
	FRANKLIN MUTUAL INTL VALUE Z	P	2022-11-04	2023-12-22
	FRANKLIN MUTUAL INTL VALUE Z	P	2022-12-20	2023-12-22
	PGIM HIGH YIELD Z	P	2022-09-27	2023-10-27
	PGIM HIGH YIELD Z	P	2022-09-30	2023-10-27
	THE TECHNOLOGY SEL SEC SPDR FD	P	2022-04-27	2023-06-06
	THE TECHNOLOGY SEL SEC SPDR FD	P	2022-04-27	2023-12-22
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	23,322	24,862	-1,540
b	750	748	2
c	763	761	2
d	10,705	12,431	-1,726
e	743	867	-124
	319	319	0
	332	333	-1
	1,092	1,094	-2
	8,488	8,649	-161
	13,808	13,986	-178
	23,201	24,678	-1,477
	471	469	2
	10,884	12,431	-1,547
	402	463	-61
	489	485	4
	562	556	6
	952	943	9
	24,653	24,464	189
	7,830	7,793	37
	13,728	13,661	67
	11,653	11,608	45
	24,562	25,238	-676
	78,427	80,798	-2,371
	715	724	-9
	40,740	38,449	2,291
	360	359	1
	1,399	1,214	185
	1,080	1,037	43
	295	287	8
	84	82	2
	119	112	7
	111	108	3
	107	103	4
	121	117	4
	116	112	4
	128	122	6
	78	75	3
	127	122	5
	132	128	4
	131	127	4
	129	123	6
	1,114	1,041	73
	141	132	9
	262	255	7
	81,751	83,272	-1,521
	3,330	3,327	3
	6,311	6,305	6
	59,697	59,945	-248
	29,201	29,140	61
	41	40	1
	17,849	17,566	283
	3	3	0
	57	56	1
	54	54	0
	57	57	0
	2,025	2,098	-73
	60	62	-2
	62	62	0
	65	67	-2
	4,123	4,262	-139
	71	74	-3
	88	89	-1
	12,900	13,131	-231
	122	124	-2
	39,056	40,100	-1,044
	29	29	0
	15,508	16,149	-641
	24,329	25,382	-1,053
	79	73	6
	672	623	49
	2,495	2,311	184
	97,523	96,554	969
	7,736	7,584	152
	98	96	2
	24,571	25,083	-512
	10,790	11,756	-966
	176	173	3
	222	218	4
	464	455	9
	13,179	13,860	-681
	2,560	2,576	-16
	22,519	24,288	-1,769
	161	162	-1
	9,328	9,772	-444
	75	80	-5
	16,101	13,183	2,918
	2,954	2,720	234
	24,621	25,764	-1,143
	70	65	5
	243	246	-3
	192	178	14
	200	197	3
	1,233	1,188	45
	323	296	27
	1,027	1,009	18
	1,963	1,839	124
	11,696	11,319	377
	2,249	1,829	420
	11,567	10,188	1,379
	18,964	19,447	-483
	1,003	1,063	-60
	6,279	6,538	-259
	1,638	1,427	211
	2,879	2,666	213
	27,071	28,484	-1,413
	224	228	-4
	15,094	13,680	1,414
	55	50	5
	1,133	1,032	101
	676	681	-5
	3	3	0
	140	140	0
	113	113	0
	16,885	16,914	-29
	105	105	0
	1,786	1,786	0
	495	485	10
	138	138	0
	96	96	0
	140	139	1
	143	141	2
	143	142	1
			0
	3	3	0
	141	143	-2
	24	25	-1
	114	115	-1
	60,103	46,646	13,457
	48,613	41,114	7,499
	25,042	23,605	1,437
	13,290	11,764	1,526
	810	724	86
	22,382	22,709	-327
	260	281	-21
	13,563	12,301	1,262
	1,880	1,640	240
	7,924	7,366	558
	20,636	19,888	748
	65,150	66,736	-1,586
	344	344	0
	15,143	15,169	-26
	17,056	14,840	2,216
	436	418	18
	34,098	35,269	-1,171
	87	90	-3
	600	603	-3
	1,346	1,353	-7
	141	137	4
	160	157	3
	65	65	0
	88	88	0
	51,455	50,166	1,289
	17,714	17,635	79
	5	5	0
	54	53	1
	45	46	-1
	68	69	-1
	2,056	2,148	-92
	54	56	-2
	61	62	-1
	63	66	-3
	4,146	4,308	-162
	73	75	-2
	85	87	-2
	12,967	13,213	-246
	122	124	-2
	38,953	40,102	-1,149
	27	28	-1
	35,043	37,018	-1,975
	22,907	23,513	-606
	252	248	4
	277	273	4
	1,072	1,056	16
	11,440	10,723	717
	137	131	6
	276	276	0
	274	270	4
	294	295	-1
	5	5	0
	157	158	-1
	149	151	-2
	139	139	0
	16	16	0
	170	174	-4
	126	131	-5
	45	47	-2
	122	125	-3
	117	123	-6
	109	113	-4
	101	105	-4
	113	118	-5
	122	125	-3
	94	97	-3
	115	119	-4
	116	122	-6
	123	128	-5
	103	105	-2
	15,925	13,680	2,245
	9,205	9,405	-200
	11,838	12,463	-625
	21,034	21,448	-414
	17,798	19,398	-1,600
	1,663	1,734	-71
	14,020	15,142	-1,122
	61,705	62,707	-1,002
	205	209	-4
	33,253	33,504	-251
	29,219	29,585	-366
	196	198	-2
	327	329	-2
	187	189	-2
	41,352	41,037	315
	35,053	35,098	-45
	186	190	-4
	2,035	2,025	10
	315	313	2
	208	211	-3
	43,699	43,979	-280
	230	231	-1
	335	334	1
	29,115	29,570	-455
	96	98	-2
	33,065	33,668	-603
	215	221	-6
	254	259	-5
	258	260	-2
	11,412	14,108	-2,696
	9	10	-1
	126	137	-11
	1,081	1,072	9
	21,324	22,634	-1,310
	13,558	13,706	-148
	26,320	23,792	2,528
	154	138	16
	271	243	28
	20,999	20,821	178
	1,220	1,194	26
	10,867	10,792	75
	9,142	9,026	116
	293	292	1
	491	490	1
	1,156	1,153	3
	776	755	21
	14,450	14,759	-309
	15,885	16,633	-748
	46,875	50,692	-3,817
	43,103	46,538	-3,435
	76,632	82,295	-5,663
	267	284	-17
	1,861	1,974	-113
	173	185	-12
	2,830	2,806	24
	3,385	3,357	28
	276	273	3
	6,647	6,662	-15
	104	103	1
	59,100	59,588	-488
	103	104	-1
	152	153	-1
	230	230	0
	316	316	0
	12,720	11,276	1,444
	83	79	4
	16,024	13,680	2,344
	337	296	41
	19,127	19,299	-172
	11	11	0
	166	142	24
	9,017	6,670	2,347
	5,381		5,381

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			-1,540
b			2
c			2
d			-1,726
e			-124
			0
			-1
			-2
			-161
			-178
			-1,477
			2
			-1,547
			-61
			4
			6
			9
			189
			37
			67
			45
			-676
			-2,371
			-9
			2,291
			1
			185
			43
			8
			2
			7
			3
			4
			4
			4
			6
			3
			5
			4
			4
			6
			73
			9
			7
			-1,521
			3
			6
			-248
			61
			1
			283
			0
			1
			0
			0
			-73
			-2
			0
			-2
			-139
			-3
			-1
			-231
			-2
			-1,044
			0
			-641
			-1,053
			6
			49
			184
			969
			152
			2
			-512
			-966
			3
			4
			9
			-681
			-16
			-1,769
			-1
			-444
			-5
			2,918
			234
			-1,143
			5
			-3
			14
			3
			45
			27
			18
			124
			377
			420
			1,379
			-483
			-60
			-259
			211
			213
			-1,413
			-4
			1,414
			5
			101
			-5
			0
			0
			0
			-29
			0
			0
			10
			0
			0
			1
			2
			1
			0
			0
			-2
			-1
			-1
			13,457
			7,499
			1,437
			1,526
			86
			-327
			-21
			1,262
			240
			558
			748
			-1,586
			0
			-26
			2,216
			18
			-1,171
			-3
			-3
			-7
			4
			3
			0
			0
			1,289
			79
			0
			1
			-1
			-1
			-92
			-2
			-1
			-3
			-162
			-2
			-2
			-246
			-2
			-1,149
			-1
			-1,975
			-606
			4
			4
			16
			717
			6
			0
			4
			-1
			0
			-1
			-2
			0
			0
			-4
			-5
			-2
			-3
			-6
			-4
			-4
			-5
			-3
			-3
			-4
			-6
			-5
			-2
			2,245
			-200
			-625
			-414
			-1,600
			-71
			-1,122
			-1,002
			-4
			-251
			-366
			-2
			-2
			-2
			315
			-45
			-4
			10
			2
			-3
			-280
			-1
			1
			-455
			-2
			-603
			-6
			-5
			-2
			-2,696
			-1
			-11
			9
			-1,310
			-148
			2,528
			16
			28
			178
			26
			75
			116
			1
			1
			3
			21
			-309
			-748
			-3,817
			-3,435
			-5,663
			-17
			-113
			-12
			24
			28
			3
			-15
			1
			-488
			-1
			-1
			0
			0
			1,444
			4
			2,344
			41
			-172
			0
			24
			2,347
			5,381

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	4,574
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	364
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	364
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	364
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	20
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	20
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.......		9	344
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax	Refunded	11

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

ANNE BERT Telephone no. right arrow

(847) 858-8943

Located at right arrow

5025 PENDELTON SQVERO BEACHFL ZIP+4 right arrow

32967

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

Yes

If "Yes," list the years right arrow

2022, 20, 20, 20

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.) ..............

Yes

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
PATRICIA PIPER-SMYER	PRESIDENT 0.00	0	0	0
28 UNIVERSITY AVENUE LEWISBURG,PA17836	PRESIDENT 0.00	0	0	0
ELIZABETH BARRETT	VP & SECRETARY 0.00	0	0	0
9 HARTSHORNE LANE RUMSON,NJ00762	VP & SECRETARY 0.00	0	0	0
ANNE PIPER BERT	TREASURER 0.00	0	0	0
5025 PENDLETON SQUARE VERO BEACH,FL32967	TREASURER 0.00	0	0	0

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...................				0

Form 990-PF (2023)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

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	THE PIPER FOUNDATION SUPPORTS NON PROFIT ORGANIZATIONS IN THE LOCK HAVEN, PA AREA AND PROVIDES ACADEMIC SCHOLARSHIPS TO STUDENTS FROM THE LOCK HAVEN AREA AND TO MEMBERS OF THE UNITAH BASIN TRIBE, UTAH.	51,100
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 arrow

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

1,233,536

Average of monthly cash balances.......................

28,111

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

1,261,647

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

1,261,647

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

18,925

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

1,242,722

Minimum investment return. Enter 5% (0.05) of line 5................

62,136

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.)

Minimum investment return from Part IX, line 6..................

62,136

Tax on investment income for 2022 from Part V, line 5.......

364

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

364

Distributable amount before adjustments. Subtract line 2c from line 1............

61,772

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

61,772

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

61,772

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

51,100

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

51,100

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				61,772
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......			60,346
b Total for prior years:20 , 20, 20		0
3 Excess distributions carryover, if any, to 2022:
a From 2018......
b From 2019......
c From 2020......
d From 2021......
e From 2022......
f Total of lines 3a through e ........	0
4Qualifying distributions for 2023 from Part
XI, line 4: $ 51,100
a Applied to 2022, but not more than line 2a			51,100
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.....				0
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2023.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........		0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............			9,246
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........				61,772
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......	0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...	0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....
c Excess from 2021....
d Excess from 2022....
e Excess from 2023....

Form 990-PF (2023)

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ROADS TO PEACE 34 WEST MAIN ST LOCK HAVEN,PA17745			OPERATING EXPENSES	1,500
AMELIA MCCLOY 63 BODLE LANE MILL HALL,PA17751	NONE	I	SCHOLARSHIP	3,000
CAMERON STEELE 19 KING ARTHUR DRIVE MILL HALL,PA17751	NONE	I	SCHOLARSHIP	3,000
UTE DISTRIBUTION CORP PO BOX 696 ROOSEVELT,UT84066			SCHOLARSHIPS	21,600
THE NEW LOVE CENTER 330 MAIN STREET LOCK HAVEN,PA17745			OPERATING EXPENSES	1,000
MILLBROOKE PLAYHOUSE 258 COUNTRY CLUB LANE LOCK HAVEN,PA17745			OPERATING EXPENSES	1,000
COMMUNITY NURSING SERVICE 124 WOODWARD AVENUE LOCK HAVEN,PA17745			OPERATING EXPENSES	1,500
ANDREA WADDELL 29 N JONES ST LOCK HAVEN,PA17745	NONE	I	SCHOLARSHIPS	3,000
ALEXIS AHEARN 216 9TH ST RENOVA,PA17764	NONE	I	SCHOLARSHIPS	3,000
INFANT DEVELOPMENT PROGRAM 980 EAST WATER STREET LOCK HAVEN,PA17745			OPERATING EXPENSES	1,500
SUE ROSS LIBRARY 232 WEST MAIN STREET LOCK HAVEN,PA17745			OPERATING EXPENSES	1,000
LOCK HAVEN CHILD CARE CTR 165 SUSQUEHANNA AVENUE LOCK HAVEN,PA17745			OPERATING EXPENSES	1,500
LOCK HAVEN YMCA 145 EAST WATER STREET LOCK HAVEN,PA17745			OPERATING EXPENSES	1,500
THE PIPER AVIATION MUSEUM 1 PIPER WAY LOCK HAVEN,PA17455			OPERATING EXPENSES	1,000
RACHEL GLOSSNER 597 LAUREL RUN ROAD BEECH CREEK,PA16822	NONE	I	SCHOLARSHIPS	3,000
MELISAA CLYMER PO BOX 356 BLANCHARD,PA16826	NONE	I	SCHOLARSHIPS	3,000
Total ................................. 3a				51,100

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	2
4 Dividends and interest from securities ....			14	33,938
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....			14	487
8 Gain or (loss) from sales of assets other than inventory ............			18	4,574
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		39,001	0

13Total. Add line 12, columns (b), (d), and (e)..................

39,001

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Stock	End of Year Book Value	End of Year Fair Market Value
HEALTH CARE SEL SECT SPDR FD	32,751	36,413
INVESCO S&P 500 EQUAL WEIGHT E	65,177	80,162
ISHARES RUSSELL 1000 ETF	178,493	221,085
THE TECHNOLOGY SEL SEC SPDR FD	28,794	39,073
VANGUARD MID-CAP ETF	23,687	28,149
VANGUARD RUSSELL 2000 ETF	47,412	58,635
AB SEL US LG/SHT ADV	30,200	32,449
ARTISAN INTL CALUE ADV	37,392	42,612
BLACKROCK HI YIELD BD PTF INST	39,222	42,028
BLACKROCK TOTAL RET I	29,747	29,807
CALAMOS MARKET NEUTRAL INC I	107,364	107,903
CATALYST MILLBURN HGD STRAT I	26,927	25,864
COHEN & STEERS REALTY SHS INC	14,486	14,596
GOLDMAN SACH GQG INTL OPP I	37,623	42,487
GQG PARTNERS EMRG MKTS EQ INS	19,063	22,940
HARTFORD SCHRODERS INTL STK I	37,097	42,489
JPMORGAN HEDGED EQUITY 2 I	24,599	25,900
MFS INTERNATIONAL EQUITY	42,034	42,473
NEUBERGER BERMAN LG SH INST	31,048	32,753
PERFORMANCE TRUST STRAT BD I	27,862	29,832
PGIM FLOATING RATE INCOME Z	50,695	51,735
PGIM JENN EMRG MKT EQ OPPS Z	22,634	22,960
PGIM TOTAL RETURN BOND Z	29,747	29,846
PIMCO LOW DURATION INC I2	51,734	51,800
PZENA EMERGING MKTS VAL INST	20,370	24,030
VICTORY MARKET NEUTRAL INC I	100,772	104,069

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ACCOUNT FEES	11,988	11,988		0
FOREIGN TAXES PAID	316	316		0

The Piper Foundation Inc — Form 990PF, tax year 2023