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 Tarnok Family Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)7 Brentwood Court
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Mt KIsco, NY10549
A Employer identification number

47-2321989
B Telephone number (see instructions)

(914) 946-4777
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$558,840J 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) 167,615
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 8,514 8,514 8,514
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 104,899
b Gross sales price for all assets on line 6a 246,530
7 Capital gain net income (from Part IV, line 2)... 105,007
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........ 281,028 113,521 8,514
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
700 700 700  
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,414 161 161  
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
4,711 4,711 4,711  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,825 5,572 5,572 0
25 Contributions, gifts, grants paid....... 138,250 138,250
26 Total expenses and disbursements. Add lines 24 and 25 146,075 5,572 5,572 138,250
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 134,953
b Net investment income (if negative, enter -0-) 107,949
c Adjusted net income (if negative, enter -0-)... 2,942
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............. 109,869 7,739 7,739
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 283,011 Click to see attachment
List of Attached Documents:
// Content
386,896 		551,101
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 392,880 394,635 558,840
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
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........ 392,880 394,635
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 392,880 394,635
30 Total liabilities and net assets/fund balances (see instructions). 392,880 394,635
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
392,880
2
Enter amount from Part I, line 27a .....................
2
134,953
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
261
4
Add lines 1, 2, and 3 ..........................
4
528,094
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
133,459
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
394,635
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 7.867 Abbvie P 2023-01-10 2023-11-07
b 2.587 Accenture P 2023-08-15 2023-11-07
c .846 Atlanta Braves P 2023-05-15 2023-07-20
d 5.994 Biogen Inc P 2023-01-10 2023-11-07
e 2.685 Diageo PLC P 2023-01-10 2023-09-13
15 Freeport McMoran P 2023-01-10 2023-09-13
2.923 Insullet P 2023-01-10 2023-11-07
23 Jonson Controls P 2023-01-10 2023-11-07
353 Liberty Media C P 2023-01-10 2023-06-14
15.768 Liberty Media C P 2023-01-10 2023-05-23
.214 Liberty Media C P 2023-01-10 2023-08-04
3.102 Liberty Media C P 2023-07-25 2023-08-16
7.232 Liberty Media C P 2023-01-10 2023-09-27
98 Lyft P 2023-01-10 2023-05-22
4.379 L3Shares P 2023-01-10 2023-09-13
17 Pinterest P 2023-04-11 2023-10-31
62 Seagate Technology P 2023-01-10 2023-10-26
4.655 Starbucka Corp P 2023-06-21 2023-11-07
12 TE Connectivity P 2023-01-10 2023-11-07
8.351 TJX P 2023-07-25 2023-11-07
.193 TKP Group Holdings P 2023-05-08 2023-09-12
11.201 Unitedheaalth Group P 2023-01-10 2023-11-14
1.394 Western Digital P 2023-01-10 2023-09-26
13 Wolfspeed Inc P 2023-01-10 2023-09-13
8.936 Airbnb P 2022-05-11 2023-11-07
25 AMC P 2021-10-12 2023-07-14
.377 Atlanta Braves P 2021-04-16 2023-07-20
11.664 Autodesk Inc P 2021-10-12 2023-11-07
51.521 Broadcome P 2020-09-19 2023-11-14
2.079 Charles River Labs Intl P 2021-10-06 2023-09-13
187 Comcast P 2020-02-04 2023-11-07
21.004 Crowdstrike Holdings P 2022-09-12 2023-11-14
7.156 Docusign P 2021-09-02 2023-10-06
4.465 Dolby P 2021-02-03 2023-10-06
14 Doximity P 2022-03-09 2023-10-31
4.567 Etsy P 2021-12-08 2023-10-31
8 GCI Liberty P 2020-08-12 2023-07-10
4.570 Hubspot P 2021-09-28 2023-11-07
12 Ionis Pharmaceutical P 2020-08-12 2023-09-13
23 Liberty Media C P 2021-04-16 2023-06-27
1 Liberty Media C P 2020-02-04 2023-05-22
.257 Liberty Media C P 2021-04-16 2023-08-04
.242 Liberty Media C P 2020-02-04 2023-08-04
11.8 Liberty Media C P 2021-04-16 2023-08-16
46 Liberty Media C P 2021-04-16 2023-09-27
93 Lyft P 2023-04-18 2023-05-17
2.634 L3Shares P 2021-04-16 2023-11-07
22.323 Match Group P 2021-09-02 2023-11-02
44.942 Seagate Technology P 2020-08-12 2023-11-07
8.588 Snowflake Inc P 2022-10-11 2023-11-07
9 TE Connectivity P 2021-02-03 2023-09-13
78.807 Vertex P 2021-02-03 2023-11-07
28 Warner Bros discovery P 2021-04-16 2023-10-06
34.389 Western Digital P 2020-08-12 2023-10-24
18 10X Genomics P 2022-02-11 2023-03-23
53 Broadcom P 2010-01-28 2023-01-10
1.049 Comcast P 2010-01-28 2023-01-10
90 Vertex P 2010-07-27 2023-01-10
520.833 Vanguard Balanced Index Fund P 2016-01-27 2023-01-06
12 Bank of America P 2022-06-16 2023-03-10
6.240 Cheasapeake Energy Corp P 2023-06-13 2023-12-28
5 EQT Corporation P 2022-12-12 2023-11-07
.841 Home Depot P 2023-06-13 2023-11-10
18 Intel P 2022-03-04 2023-02-09
1.983 Johnson & Johnson P 2023-06-13 2023-09-06
.042 Microsoft P 2022-11-07 2023-06-12
4.546 Pfizer P 2023-06-13 2023-10-16
.945 RTX Corporation P 2023-10-03 2023-11-14
5 Williams Co P 2023-06-05 2023-10-24
9.562 American Internatinal Group P 2018-12-19 2023-07-31
15.658 Apple Inc P 2016-06-23 2023-10-26
67 Bank of America P 2017-08-28 2023-03-13
.772 Broadcome P 2020-03-13 2023-10-20
4.607 Chesapeake Energy P 2022-02-28 2023-12-27
3 Cisco Systems Inc P 2021-08-19 2023-04-20
9.68 EQT Corporation P 2022-03-17 2023-11-13
.065 Home Depot P 2015-05-22 2023-11-10
1.855 Johnson & Johnson P 2015-05-22 2023-09-07
.826 Linde PLX P 2022-09-07 2023-10-09
3.240 Mastercard Inc P 2017-02-03 2023-10-09
4 Merck & Co P 2018-01-24 2023-01-06
2 Microsoft Corp P 2021-12-20 2023-06-12
1 Mondelez Intl Inc P 2018-01-24 2023-04-11
3.774 Oracle P 2021-03-11 2023-05-30
..843 PNC Financial P 2018-06-15 2023-06-16
3.659 Procter & Gamble P 2015-05-22 2023-10-09
11.850 RTX Corporation P 2015-05-22 2023-11-14
1.375 SAP AG P 2022-05-04 2023-10-10
.505 Sempra P 2020-08-10 2023-08-22
2.376 United Parcel P 2015-08-25 2023-05-11
38 Verizon Communications P 2015-08-25 2023-09-15
5.734 Walt Disney P 2022-06-13 2023-06-16
6 Williams Co P 2022-09-29 2023-10-24
Wash Sale      
(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 1,139   1,257 -118
b 818   816 2
c 30   32 -2
d 1,520   1,677 -157
e 427   488 -61
602   666 -64
475   872 -397
1,264   1,539 -275
353   485 -132
444   637 -193
7   6 1
106   116 -10
178   216 -38
798   1,396 -598
746   886 -140
505   479 26
3,908   3,477 431
483   475 8
1,516   1,476 40
766   727 39
16   21 -5
5,803   5,419 384
54   53 1
584   941 -357
1,208   1,288 -80
320   703 -383
14   9 5
2,408   3,400 -992
34,261   9,873 24,388
414   844 -430
8,279   9,135 -856
3,818   4,765 -947
302   2,093 -1,791
360   407 -47
290   740 -450
287   1,120 -833
7     7
2,204   3,240 -1,036
514   678 -164
700   980 -280
28   50 -22
9   5 4
18   11 7
402   511 -109
1,132   1,444 -312
776   4,417 -3,641
481   577 -96
701   3,404 -2,703
2,707   2,802 -95
1,341   1,394 -53
1,151   1,151  
23,958   15,221 8,737
286   1,046 -760
1,330   1,327 3
897   2,148 -1,251
29,742   3,149 26,593
39,646   8,464 31,182
25,816   3,256 22,560
21,000   15,436 5,564
363   381 -18
525   557 -32
212   192 20
244   253 -9
512   858 -346
322   318 4
14   10 4
152   183 -31
77   67 10
173   151 22
514   400 114
2,662   375 2,287
1,996   1,508 488
616   166 450
396   371 25
143   164 -21
394   298 96
19   7 12
304   252 52
306   235 71
1,244   353 891
459   233 226
658   640 18
70   45 25
396   255 141
108   121 -13
538   294 244
1,046   654 392
181   139 42
36   34 2
404   228 176
1,284   1,921 -637
603   558 45
210   165 45
      108
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       -118
b       2
c       -2
d       -157
e       -61
      -64
      -397
      -275
      -132
      -193
      1
      -10
      -38
      -598
      -140
      26
      431
      8
      40
      39
      -5
      384
      1
      -357
      -80
      -383
      5
      -992
      24,388
      -430
      -856
      -947
      -1,791
      -47
      -450
      -833
      7
      -1,036
      -164
      -280
      -22
      4
      7
      -109
      -312
      -3,641
      -96
      -2,703
      -95
      -53
       
      8,737
      -760
      3
      -1,251
      26,593
      31,182
      22,560
      5,564
      -18
      -32
      20
      -9
      -346
      4
      4
      -31
      10
      22
      114
      2,287
      488
      450
      25
      -21
      96
      12
      52
      71
      891
      226
      18
      25
      141
      -13
      244
      392
      42
      2
      176
      -637
      45
      45
       
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 2 105,007
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 -5,632
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 1,500
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  
3 Add lines 1 and 2........................... 3 1,500
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,500
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 2,404
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,404
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 904
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow904 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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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
 
No
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 arrow
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 arrowMichael Tarnok Telephone no.right arrow (914) 946-4777

Located atright arrow7 Brentwood CourtMt KiscoNY ZIP+4right arrow10549
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
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
Michael P Tarnok President
0.00 		0    
7 Brentwood Court
Mt Kisco,NY10549
Maryann M Tarnok Vice President
0.00 		0    
7 Brentwood Court
Mt KIsco,NY10549
Jeffrey P Tarnok Secretary
0.00 		0    
7 Brentwood Court
Mt Kisco,NY10549
Alyssa Tarnok Director
0.00 		0    
84 William St
New York,NY10038
Frederick M Tarnok Director
0.00 		0    
601 Vintage Way
Brandon,FL33511
Steven Tarnok Director
0.00 		0    
1 Glover Ave
Norwalk,CT06580
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  
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
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  
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)
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
526,579
b
Average of monthly cash balances.......................
1b
59,055
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
585,634
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
 
3
Subtract line 2 from line 1d.........................
3
585,634
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
8,785
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
576,849
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
28,842
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
28,842
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
1,500
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,500
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
27,342
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
27,342
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
27,342
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
138,250
b
Program-related investments—total from Part VIII-B..................
1b
 
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
138,250
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 27,342
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 36,569
b From 2019...... 43,373
c From 2020...... 87,586
d From 2021...... 108,298
e From 2022...... 115,270
f Total of lines 3a through e ........ 391,096
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 138,250
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 27,342
e Remaining amount distributed out of corpus 110,908
5 Excess distributions carryover applied to 2023.    
(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 5 502,004
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		36,569
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		465,435
10 Analysis of line 9:
a Excess from 2019.... 43,373
b Excess from 2020.... 87,586
c Excess from 2021.... 108,298
d Excess from 2022.... 115,270
e Excess from 2023.... 110,908
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
USO


625 Eighth Ave
New York,NY10018 		None   Social Services 3,000
Northern Westchester Hospital Found


400 East Main Street
Mount Kisco,NY10549 		None   Health Care 10,000
St Francis Breadline


144 West 32nd Street
New York,NY10001 		None   Human Services 4,000
Bedford 2030 Coalition


PO Box 812
Bedford Hills,NY10507 		None   Clean Energy 2,500
Mt Kisco Interfaith Food Pantry


PO Box 834
Mt Kisco,NY10549 		None   Human Services 7,500
Boys and Girls Club of Mt Kisco


351 Main Street
Mount Kisco,NY10549 		None   Inspire Young People 3,500
Community Center of Northern Westch


84 Bedford Rd
Katonah,NY10546 		None   Human Services 4,000
Westmoreland Sanctuary


260 Chestnut Ridge Road
Mount Kisco,NY10549 		None   Preservation of Natural Resources 10,000
Natl Center Missing Exploited Child


PO Box 96670
Washington,DC20077 		None   Human and Civil Rights 4,000
Mt Kisco Volunteeer Fire


PO Box 91
Mount Kisco,NY10549 		None   Public Safety,Disaster Preparedness 250
Why Hunger


505 Eighth Ave
New York,NY10018 		None   Multipurpose Human Services 10,000
Emergency Shelter Partnership


PO Box 427
Mount Kisco,NY10549 		None   Provides short-term, emergency shelter during coldest five months of the winter 5,000
National Geographic


PO Box 98197
Washington,DC20077 		None   Exploring and protecting our planet 250

Center of Hope Neighborhood Church

2395 Shamrock Drive
Venice,FL34293 		None   Religious Organization 2,000
Feeding Westchester


200 Clearbrook Road
Elmsford,NY10523 		None   End Hunger in Westchester County 7,500
Metropolitan Ministries of Tampa


2002 North Florida Ave
Tampa,FL33602 		None   Therapeputic recreation program for persons with developmental disabilities 5,000
Stephen Siller Tunnel to Towers Fdn


2361 Hylan Blvd
Staten Island,NY10306 		None   Help First Responders 7,500
Congressional Medal of Honor


40 Patriots Point Road
Mount Pleasant,SC29464 		None   Historical Museum 2,500
The Heritage Foundation


214 Massachusetts Ave NE
Washington,DC20077 		None   Promote Public Policy 1,000
North East Westchester Special Recr


63 Bradhurst Avenue
Hawthorne,NY10532 		None   Therapeutic recreation programs for children, teens and adults with developmental disabilities 2,500
Hillsdale College


33 E College St
Hillsdale,MI49242 		None   Liberal arts College 250
National World War II Museum


945 Magazine Street
New Orleans,LA70130 		None   Museum that tells story of war that changed the world. 500
Post-Morrow Foundation


PO Box 204
Brookhaven,NY11719 		None   Preserve and conserve the rural, cultural and historical character of Brookhaven. 1,000
Mote Marine Laboratory


1600 Ken Thompson Parkway
Sarasota,FL34236 		None   Marine research institution 5,000
Mt Kisco Historical Society


40 Green Steet
Mt Kisco,NY10549 		None   Preservers and Educators about the history of Mt. Kisco 2,500
All Faiths Food Bank


8171 Blaike Ct
Sarasota,FL34240 		None   Provides Meals through Programs and Partnerships with Hundreds of Charitable Organizations in Community 7,500
Military Working Dogs Heritage Muse


PO Box 54
Newport,TN37824 		None   Preserve and exhibit world-class displays of America's miltary working dog history in order to inspire future generations 1,000
Bedford Playhouse


PO Box 777
Bedford,NY10506 		None   Provides a vibrant, state of the art cinema, cultural center and community hub 1,000
Longboat Key Rotary Charitable Trus


PO Box 8351
Longboat Key,FL34228 		None   A portal to service, where members gather carry out programs and projects that benefit the community and the world. 3,000
The WPF Camp Morty


201 Hawley Road
North Salem,NY10560 		None   Camp Morty offers a quality outdoor residential camp experience for children residing in underserved communities in Westchester County. 5,000
Volunteer Florida


1545 Raymond Diehl Rd Suite 250
Tallahassee,FL32308 		None   Volunteer Florida strengthens Floridas communities through national service, fostering volunteerism and leveraging resources. 5,000
St Jude's Children's Research Hospi


262 Danny Thomas Place
Memphis,TN38105 		None   Advance cures and means of prevention for Pediatric catastrophic diseases through research and treatment 500
New York University


44 West 4th St Suite 10-160
New York,NY10012 		None   op quatlity international center of scholarship teaching and research. Trtaining and attacting outstanding faculty who are leaders in their fields. To provide an intellectually rich environment 1,000
Hawaii Community Foundation Maui St


827 Fort Street Mall
Honolulu,HI96813 		None   Helps people make a difference by inspiring the spirit of giving and by investing in people and solutions to benefit every island community 5,000
Marfan Foundation


22 Manhasset Ave
Port Washington,NY11056 		None PC Save and improve lives, while creating communities, for all individuals with genetic, aortic and vascular conditions. 500
Leukemia and Lymphoma Society


PO Box 22324
New York,NY10087 		None   Cure Leukemia, Lymphoma,Hodgkin's disease and myeloma and improve the quality of life of patients and their families 500
Makor Women's League of Community R


1556 38th Street
Brooklyn,NY11218 		None   Treat Persons with intellectual and developmental disabilties through appropriate individualized programming 2,500
TrickleUP


31 West 34th St - Suite 7001
New York,NY10001 		None   Partner with women in extreme poverty to build economic opportunity and drive inclusion. 2,500
Centers of Hope Neighborhood Church


2395 Shamrock Dr
Venice,FL34293 		None   Religious Organization 2,000
Total .................................right arrow 3a 138,250
bApproved for future payment
Total ................................. right arrow 3b  
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    
4 Dividends and interest from securities ....     14   8,514
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 ............ 		        104,899
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) ..     113,413
13Total. Add line 12, columns (b), (d), and (e)..................
13
113,413
(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: 23017517
Software Version: 2023v5.0


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
The Tarnok Family Foundation Inc
 
Employer identification number

47-2321989
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
The Tarnok Family Foundation Inc
  		Employer identification number
47-2321989
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Michael Tarnok
7 Brentwood Court
 
Mt Kisco, NY10549

$ 167,615


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
The Tarnok Family Foundation Inc
  		Employer identification number

47-2321989
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Securities $ 167,615 2023-01-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
The Tarnok Family Foundation Inc
  		Employer identification number

47-2321989
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID: 23017517
Software Version: 2023v5.0

TY 2023 AccountingFeesSchedule
Name:
The Tarnok Family Foundation Inc
EIN:
47-2321989
Software ID:
23017517
Software Version:
2023v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
  700 700 700 0

TY 2023 InvestmentsCorpStockSchedule
Name:
The Tarnok Family Foundation Inc
EIN:
47-2321989
Software ID:
23017517
Software Version:
2023v5.0
Name of Stock End of Year Book Value End of Year Fair Market Value
American Tower Reit 1,535 2,547
Apple 342 2,761
Bank of New York Mellon    
American International Group 635 1,114
Apollo 2,032 4,566
Coca Cola 1,559 2,239
Comcast Corp 10,961 21,294
Avalonbay Comm Inc 1,996 2,187
Bank of America    
Exxon Mobile 1,295 1,168
Home Depot    
Intel 1,304 1,863
Johnson and Johnson 1,287 2,217
Merck & Co 1,118 2,507
Metlife Inc. 1,755 4,168
Microsoft Corp 1,071 6,377
Nestle Spn Adr 1,639 2,359
Pfizer Inc 1,213 1,144
PPG Industries 913 2,244
Proctor and Gamble 912 1,955
Ratheon Co    
Texas Instruments 231 852
Travelers Companies Inc. 1,618 2,842
Union Pacific 924 2,591
United Parcel Service Inc. Cl B 700 1,356
United Health 9,958 29,903
Walt Disney Co 715 838
Waste Management 458 1,970
Enbridge Inc 2,775 3,202
General Motors Co 1,147 1,119
Mastercard Inc 295 1,177
Mondelez Intl 1,397 2,390
Visa Inc 1,088 2,864
Williams Co Inc 2,411 3,553
Vanguard Dividend Growth Fund 21,507 22,479
Cisco Systems 1,495 1,465
Linde 1,357 3,357
PNC Financial Services 1,292 1,447
Vulcan Materials 1,298 2,951
Vanguard Balanced Index Fund 17,379 25,638
Becton Dickinson & Co 3,021 3,237
Broadcom 462 2,487
Chesapeake Energy Corp 395 415
Edison Internation 1,923 2,023
EQT Corporation 378 554
Freeport McMoran 6,779 9,535
JP Morgan Chase 2,544 3,232
Mastercard Inc    
Northrop Grumman 1,102 1,631
Oracle Corp 1,088 1,922
Pioneer Natural Resources Co 1,387 1,915
SAP AG 1,311 2,106
Sempra 3,354 3,625
10X Genomics    
Abbvie 9,092 11,488
AirBNB 5,436 7,429
AMC Networks    
Autodesk Inc 16,208 20,291
Biogen 12,801 11,905
Broadcom 2,451 35,138
Charles River Labs Intl 9,139 7,783
Crowdstrike Holdings Inc 10,937 22,722
Diageo Plc 8,693 7,258
Docusign 8,505 4,152
Dolby CLA 5,526 6,337
Doximity 4,284 3,365
Etsy Inc 8,892 4,979
Guardant Health Inc 6,937 2,732
Hubspot Inc 11,809 18,246
Insulet 6,151 5,007
Ionis Pharmaceutical 5,952 7,336
Johnson Controls 8,712 9,914
L3Harris Technologies Inc 10,200 10,950
Liberty Broadband Corp 2,977 1,934
Liberty Media C Sirriusxm    
Liberty Media C Siriusxm    
Liberty Media Corp Ser A 512 638
Liberty Media Corp Ser C 2,865 2,881
LYFT Inc    
Match Group 6,203 3,273
Seagate Technology Holdings 2,244 6,237
Snowflake Inc 7,106 10,231
TE Connectivity Ltd 15,818 19,951
Vertex Pharmaceuticals 7,999 31,816
Warner Bros 4,765 2,492
Western Digital 2,328 3,258
Wolfspeed Inc 9,696 6,004
Accenture PLC 6,302 7,913
Cintas Corp 4,217 5,056
Mongodb 3,237 3,339
Paylocity Holding 2,259 2,348
Pinterest Inc 4,905 7,112
Servicenow Inc 5,323 6,777
Starbucks Corp 5,118 4,918
TJX 6,338 7,323
TKO Group Holdings 3,440 2,820
Astrazeneca PLC 1,368 1,393
Capital One Financial 1,207 1,705
Gilead Sciences 1,363 1,400
Public Storage 1,507 1,690
RTX Corporation 825 2,032
T Mobile 1,893 2,142

TY 2023 OtherDecreasesSchedule
Name:
The Tarnok Family Foundation Inc
EIN:
47-2321989
Software ID:
23017517
Software Version:
2023v5.0
Description Amount
FMV over cost of securities contributed in 2023 133,459


TY 2023 OtherExpensesSchedule
Name:
The Tarnok Family Foundation Inc
EIN:
47-2321989
Software ID:
23017517
Software Version:
2023v5.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Fees 3,624 3,624 3,624  
Investment Fees #1279 1,087 1,087 1,087  


TY 2023 OtherIncreasesSchedule
Name:
The Tarnok Family Foundation Inc
EIN:
47-2321989
Software ID:
23017517
Software Version:
2023v5.0
Description Amount
Miscellaneous Adjustment 261


TY 2023 TaxesSchedule
Name:
The Tarnok Family Foundation Inc
EIN:
47-2321989
Software ID:
23017517
Software Version:
2023v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Federal Excise Tax 2,253      
Foreign Tax 61 61 61  
New York State Filing Fee 100 100 100