TY 2023 Form 990PF

- 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
MONKEY KING

Number and street (or P.O. box number if mail is not delivered to street address)JM FORBES 121 MOUNT VERNON STREET
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA02108

A Employer identification number

83-2951869

B Telephone number (see instructions)

(617) 423-5705

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

$40,581,446J 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
4	Dividends and interest from securities...	894,740		884,559
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		2,281,022
b	Gross sales price for all assets on line 6a 25,032,784
7	Capital gain net income (from Part IV, line 2)...			2,284,266
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........	3,175,762		3,168,825
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).......	List of Attached Documents: // Content	3,750	3,750	0
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	184,314	169,472	4,875
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	7,832	5,394	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	250	250	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	196,146		178,866	4,875
25	Contributions, gifts, grants paid.......	7,872,168			7,872,168
26	Total expenses and disbursements. Add lines 24 and 25	8,068,314		178,866	7,877,043
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-4,892,552
b	Net investment income (if negative, enter -0-)			2,989,959
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.............
	2	Savings and temporary cash investments.........
	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)	9,338,306	List of Attached Documents: // Content 8,654,257	8,591,977
	b	Investments—corporate stock (attach schedule).......	27,703,602	List of Attached Documents: // Content 23,943,046	31,037,917
	c	Investments—corporate bonds (attach schedule).......	1,387,644	List of Attached Documents: // Content 943,131	951,552
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	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)	38,429,552	33,540,434	40,581,446
	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........	38,429,552	33,540,434
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	0	0
	29	Total net assets or fund balances (see instructions).....	38,429,552	33,540,434
	30	Total liabilities and net assets/fund balances (see instructions).	38,429,552	33,540,434

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

38,429,552

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

-4,892,552

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

List of Attached Documents:

// Content

3,434

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

33,540,434

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 .

33,540,434

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	UNITEDHEALTH GROUP INC	P	2022-10-27	2023-02-06
b	US TREASURY BILLS 2/16/23	P	2022-11-18	2023-02-16
c	VANGUARD DIVIDEND APPREC ETF	P	2022-12-22	2023-04-26
d	US TREASURY NOTES 2.750% 4/30/23	P	2022-08-11	2023-04-30
e	ISHARES BIOTECHNOLOGY ETF	P	2022-10-07	2023-06-07
	PROGRESSIVE CORP	P	2022-07-06	2023-06-07
	RIO TINTO PLC SPONS ADR	P	2023-01-01	2023-06-07
	SPDR PORTFOLIO EMERGING MARKETS ETF	P	2022-12-22	2023-06-07
	VANGUARD DIVIDEND APPREC ETF	P	2022-12-22	2023-06-07
	EATON CORP	P	2023-01-24	2023-06-07
	APTIV PLC	P	2023-04-26	2023-06-07
	ABBVIE INC	P	2023-06-07	2023-06-12
	BERKSHIRE HATHAWAY INC	P	2023-06-07	2023-06-12
	CISCO SYSTEMS INC	P	2023-06-07	2023-06-12
	COMCAST CORP	P	2023-06-07	2023-06-12
	COSTCO WHOLESALE CORP	P	2023-06-07	2023-06-12
	DISNEY WALT CO NEW	P	2023-06-07	2023-06-12
	META PLATFORMS INC CL A	P	2023-06-07	2023-06-12
	MCDONALDS CORP	P	2023-06-07	2023-06-12
	NIKE INC CLASS B	P	2023-06-07	2023-06-12
	PROGRESSIVE CORP	P	2023-07-06	2023-06-12
	HEALTH CARE SELECT SECTOR	P	2023-06-07	2023-06-12
	CONSUMER DISCRETIONARY SELECT	P	2023-06-07	2023-06-12
	FINANCIAL SELECT SECTOR SPDR	P	2023-06-07	2023-06-12
	INDUSTRIAL SELECT SECTOR SPDR	P	2023-06-07	2023-06-12
	TECHNOLOGY SELECT SECT SPDR	P	2023-06-07	2023-06-12
	COMM SERV SELECT SECTOR SPDR	P	2023-06-07	2023-06-12
	REAL ESTATE SELECT SECT SPDR	P	2023-06-07	2023-06-12
	UTILITIES SLECT SECTOR SPDR	P	2023-06-07	2023-06-12
	SERVICENOW INC	P	2023-05-24	2023-06-12
	TESLA INC	P	2023-06-07	2023-06-12
	ACCENTURE PLC CL A	P	2023-06-07	2023-06-12
	EATON CORP	P	2023-01-24	2023-06-12
	APTIV PLC	P	2023-04-26	2023-06-12
	ENERGY SELECT SECTOR SPDR	P	2023-06-07	2023-06-13
	US TREASURY NOTES 4.375% 10/31/24	P	2022-11-22	2023-06-14
	CONSUMER DISCRETIONARY SELECT	P	2023-06-07	2023-09-12
	INDUSTRIAL SELECT SECTOR SPDR	P	2023-06-07	2023-09-12
	COMM SERV SELECT SECTOR SPDR	P	2023-06-07	2023-09-12
	ABBVIE INC	P	2023-06-07	2023-12-07
	BERKSHIRE HATHAWAY INC	P	2023-06-06	2023-12-07
	CISCO SYSTEMS INC	P	2023-06-07	2023-12-07
	COMCAST CORP	P	2023-06-07	2023-12-07
	COSTCO WHOLESALE CORP	P	2023-06-07	2023-12-07
	DISNEY WALT CO NEW	P	2023-06-07	2023-12-07
	META PLATFORMS INC CL A	P	2023-06-07	2023-12-07
	MCDONALDS CORP	P	2023-06-07	2023-12-07
	NIKE INC CLASS B	P	2023-06-07	2023-12-07
	MATERIALS SELECT SECTOR SPDR TRUST	P	2023-09-12	2023-12-07
	HEALTH CARE SELECT SECTOR	P	2023-09-12	2023-12-07
	CONSUMER DISCRETIONARY SELECT	P	2023-06-07	2023-12-07
	ENERGY SELECT SECTOR SPDR	P	2023-01-01	2023-12-07
	FINANCIAL SELECT SECTOR SPDR	P	2023-01-01	2023-12-07
	INDUSTRIAL SELECT SECTOR SPDR	P	2023-06-07	2023-12-07
	TECHNOLOGY SELECT SECT SPDR	P	2023-01-01	2023-12-07
	COMM SERV SELECT SECTOR SPDR	P	2023-06-07	2023-12-07
	REAL ESTATE SELECT SECT SPDR	P	2023-06-07	2023-12-07
	UTILITIES SLECT SECTOR SPDR	P	2023-06-07	2023-12-07
	SERVICENOW INC	P	2023-05-24	2023-12-07
	TESLA INC	P	2023-06-07	2023-12-07
	US TREASURY NOTES 4.625% 10/15/26	P	2023-11-06	2023-12-07
	ACCENTURE PLC CL A	P	2023-06-07	2023-12-07
	EATON CORP	P	2023-01-24	2023-12-07
	APTIV PLC	P	2023-04-26	2023-12-07
	APTIV PLC	P	2023-01-01	2023-12-26
	UNION PAC CORP	P	2020-01-28	2023-01-24
	UNITEDHEALTH GROUP INC	P	2020-01-28	2023-02-06
	MICROSOFT CORP	P	2020-01-28	2023-05-24
	NVIDIA CORP	P	2021-04-22	2023-05-24
	BANK OF AMERICA CORP	P	2020-01-28	2023-06-06
	NESTLE SA SPONS ADR	P	2020-01-28	2023-06-06
	ABBOT LABS	P	2020-01-28	2023-06-07
	ADOBE INC	P	2020-01-28	2023-06-07
	ALPHABET INC CL A	P	2020-01-28	2023-06-07
	AMAZON.COM INC	P	2020-01-01	2023-06-07
	BECTON DICKINSON	P	2020-01-28	2023-06-07
	BRISTOL MYERS SQUIBB CO	P	2020-01-28	2023-06-07
	BROADCOM INC	P	2020-08-11	2023-06-07
	COCA COLA CO	P	2020-01-28	2023-06-07
	ECOLAB INC	P	2020-01-01	2023-06-07
	HOME DEPOT INC	P	2021-03-08	2023-06-07
	HONEYWELL INTERNATIONAL INC	P	2020-01-28	2023-06-07
	INTERCONTINENTIAL EXCHANGE INC	P	2020-05-19	2023-06-07
	INTL BUSINESS MACHINES CORP	P	2020-03-05	2023-06-07
	ISHARES CORE S&P MID-CAP ETF	P	2022-05-24	2023-06-07
	ISHARES BIOTECHNOLOGY ETF	P	2020-01-28	2023-06-07
	JP MORGAN CHASE & CO	P	2020-01-28	2023-06-07
	JOHNSON & JOHNSON	P	2020-01-28	2023-06-07
	MERCK & CO INC	P	2020-01-28	2023-06-07
	NEXTERA ENERGY INC	P	2020-01-28	2023-06-07
	PEPSICO INC	P	2020-01-28	2023-06-07
	PROCTER & GAMBLE CO	P	2020-01-01	2023-06-07
	PROLOGIS INC REIT	P	2020-09-02	2023-06-07
	RIO TINTO PLC SPONS ADR	P	2020-01-01	2023-06-07
	SALESFORCE INC	P	2020-01-28	2023-06-07
	TJX COS INC	P	2021-04-22	2023-06-07
	UNION PAC CORP	P	2020-01-28	2023-06-07
	UNITEDHEALTH GROUP INC	P	2020-01-28	2023-06-07
	VERIZON COMMUNICATIONS	P	2020-01-28	2023-06-07
	VISA INC CL A	P	2020-01-28	2023-06-07
	WALMART INC	P	2020-06-08	2023-06-07
	XYLEM INC	P	2020-01-28	2023-06-07
	ZOETIS INC	P	2020-01-01	2023-06-07
	LINDE PLC	P	2020-01-28	2023-06-07
	ABBOT LABS	P	2020-01-28	2023-06-12
	ADOBE INC	P	2020-01-28	2023-06-12
	ALPHABET INC CL A	P	2020-01-28	2023-06-12
	AMAZON.COM INC	P	2020-03-05	2023-06-12
	APPLE INC	P	2020-01-28	2023-06-12
	BANK OF AMERICA CORP	P	2020-01-28	2023-06-12
	BECTON DICKINSON	P	2020-01-28	2023-06-12
	BRISTOL MYERS SQUIBB CO	P	2020-01-28	2023-06-12
	BROADCOM INC	P	2020-08-11	2023-06-12
	COCA COLA CO	P	2020-01-28	2023-06-12
	ECOLAB INC	P	2020-01-28	2023-06-12
	HOME DEPOT INC	P	2021-03-08	2023-06-12
	HONEYWELL INTERNATIONAL INC	P	2020-01-28	2023-06-12
	INTERCONTINENTIAL EXCHANGE INC	P	2020-05-19	2023-06-12
	INTL BUSINESS MACHINES CORP	P	2020-03-05	2023-06-12
	JP MORGAN CHASE & CO	P	2020-01-28	2023-06-12
	JOHNSON & JOHNSON	P	2020-01-28	2023-06-12
	MERCK & CO INC	P	2020-01-28	2023-06-12
	MICROSOFT CORP	P	2020-01-28	2023-06-12
	NEXTERA ENERGY INC	P	2020-01-28	2023-06-12
	NVIDIA CORP	P	2021-04-22	2023-06-12
	PEPSICO INC	P	2020-01-28	2023-06-12
	PROCTER & GAMBLE CO	P	2020-01-28	2023-06-12
	PROLOGIS INC REIT	P	2020-09-02	2023-06-12
	SALESFORCE INC	P	2020-01-28	2023-06-12
	TJX COS INC	P	2020-01-28	2023-06-12
	UNION PAC CORP	P	2021-04-22	2023-06-12
	UNITEDHEALTH GROUP INC	P	2020-01-28	2023-06-12
	VERIZON COMMUNICATIONS	P	2020-01-28	2023-06-12
	VISA INC CL A	P	2020-01-28	2023-06-12
	WALMART INC	P	2020-06-08	2023-06-12
	XYLEM INC	P	2020-01-28	2023-06-12
	ZOETIS INC	P	2020-01-28	2023-06-12
	LINDE PLC	P	2020-01-28	2023-06-12
	NORTHERN TX-ADV US FIX INC	P	2020-01-01	2023-06-14
	NORTHERN ULTRA SHRT FIX INC	P	2020-01-01	2023-06-14
	BROADCOM INC	P	2020-08-11	2023-09-12
	MERCK & CO INC	P	2020-01-28	2023-09-12
	NVIDIA CORP	P	2021-04-22	2023-09-12
	ZOETIS INC	P	2020-01-28	2023-09-12
	LINDE PLC	P	2020-01-28	2023-09-12
	NORTHERN TX-ADV US FIX INC	P	2022-03-10	2023-09-13
	NORTHERN ULTRA SHRT FIX INC	P	2022-03-10	2023-09-13
	US TREASURY NOTES 1.625% 10/31/23	P	2022-06-10	2023-10-31
	ABBOT LABS	P	2020-01-01	2023-12-07
	ADOBE INC	P	2020-01-28	2023-12-07
	ALPHABET INC CL A	P	2020-01-01	2023-12-07
	AMAZON.COM INC	P	2020-03-05	2023-12-07
	APPLE INC	P	2020-01-28	2023-12-07
	BANK OF AMERICA CORP	P	2020-01-01	2023-12-07
	BECTON DICKINSON	P	2020-01-28	2023-12-07
	BRISTOL MYERS SQUIBB CO	P	2020-01-01	2023-12-07
	BROADCOM INC	P	2020-01-01	2023-12-07
	COCA COLA CO	P	2020-01-01	2023-12-07
	ECOLAB INC	P	2020-01-28	2023-12-07
	HOME DEPOT INC	P	2020-01-01	2023-12-07
	HONEYWELL INTERNATIONAL INC	P	2020-01-01	2023-12-07
	INTERCONTINENTIAL EXCHANGE INC	P	2020-05-19	2023-12-07
	INTL BUSINESS MACHINES CORP	P	2020-01-01	2023-12-07
	JP MORGAN CHASE & CO	P	2020-01-28	2023-12-07
	JOHNSON & JOHNSON	P	2020-01-01	2023-12-07
	MERCK & CO INC	P	2020-01-01	2023-12-07
	MICROSOFT CORP	P	2020-01-01	2023-12-07
	NEXTERA ENERGY INC	P	2020-01-01	2023-12-07
	NORTHERN TX-ADV US FIX INC	P	2022-03-10	2023-12-07
	NORTHERN ULTRA SHRT FIX INC	P	2022-03-10	2023-12-07
	NVIDIA CORP	P	2021-04-22	2023-12-07
	PEPSICO INC	P	2020-01-01	2023-12-07
	PROCTER & GAMBLE CO	P	2020-01-01	2023-12-07
	PROGRESSIVE CORP	P	2022-07-06	2023-12-07
	PROLOGIS INC REIT	P	2020-09-02	2023-12-07
	SALESFORCE INC	P	2020-01-28	2023-12-07
	TJX COS INC	P	2021-04-22	2023-12-07
	UNION PAC CORP	P	2020-01-01	2023-12-07
	US TREASURY NOTES 2.875% 4/30/25	P	2022-08-11	2023-12-07
	US TREASURY NOTES 4.250% 10/15/25	P	2022-10-17	2023-12-07
	US TREASURY NOTES 4.375% 10/31/24	P	2022-11-22	2023-12-07
	UNITEDHEALTH GROUP INC	P	2020-01-28	2023-12-07
	VERIZON COMMUNICATIONS	P	2020-01-28	2023-12-07
	VISA INC CL A	P	2020-01-28	2023-12-07
	WALMART INC	P	2020-01-01	2023-12-07
	XYLEM INC	P	2020-01-01	2023-12-07
	ZOETIS INC	P	2020-01-28	2023-12-07
	LINDE PLC	P	2020-01-28	2023-12-07
	ISHARES GOLD TRUST	P	2020-01-01	2023-06-12
	ISHARES GOLD TRUST	P	2020-05-12	2023-12-07
	ANGI INC CL A	P	2010-01-01	2023-05-30
	ANGI INC CL A	P	2010-01-01	2023-05-31
	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	6,625	7,588	-963
b	802,046	802,046	0
c	316,007	305,938	10,069
d	1,091,000	1,091,000	0
e	3,084	3,008	76
	23,022	21,295	1,727
	256,464	295,903	-39,439
	755,406	717,668	37,738
	1,018,295	971,645	46,650
	29,444	25,853	3,591
	181,956	197,026	-15,070
	16,884	16,736	148
	54,191	53,980	211
	18,688	18,588	100
	12,249	12,204	45
	18,170	18,020	150
	12,935	12,946	-11
	52,745	52,923	-178
	16,968	16,711	257
	10,287	10,398	-111
	35,013	31,883	3,130
	92,295	91,537	758
	139,716	136,466	3,250
	163,093	163,717	-624
	162,836	161,147	1,689
	270,989	265,003	5,986
	83,699	83,999	-300
	45,192	45,595	-403
	47,080	47,065	15
	10,875	10,014	861
	61,725	56,666	5,059
	12,423	12,359	64
	36,855	31,508	5,347
	11,797	12,198	-401
	150,597	151,844	-1,247
	198,221	199,506	-1,285
	54,441	50,437	4,004
	7,916	7,630	286
	51,832	49,085	2,747
	10,773	9,933	840
	34,156	32,123	2,033
	10,699	11,063	-364
	7,644	7,266	378
	12,844	10,812	2,032
	7,670	7,675	-5
	38,223	31,592	6,631
	10,073	9,913	160
	6,665	6,217	448
	10,516	10,594	-78
	81,616	82,340	-724
	83,709	77,570	6,139
	90,495	92,537	-2,042
	110,162	104,605	5,557
	101,915	95,427	6,488
	187,056	171,316	15,740
	50,886	46,340	4,546
	32,478	31,835	643
	31,061	32,213	-1,152
	8,242	6,008	2,234
	35,646	33,817	1,829
	50,364	49,884	480
	8,056	7,415	641
	26,568	18,743	7,825
	11,331	11,331	0
	77,442	89,982	-12,540
	287,974	257,050	30,924
	294,343	178,452	115,891
	174,354	92,074	82,280
	316,623	161,870	154,753
	406,665	469,098	-62,433
	558,464	519,121	39,343
	360,914	317,853	43,061
	66,534	54,658	11,876
	115,007	65,353	49,654
	257,524	201,362	56,162
	29,282	32,419	-3,137
	32,351	32,535	-184
	495,408	202,883	292,525
	312,158	298,643	13,515
	126,959	144,431	-17,472
	259,207	227,109	32,098
	388,152	347,331	40,821
	378,305	333,859	44,446
	402,706	378,195	24,511
	850,573	787,471	63,102
	415,990	379,838	36,152
	410,135	394,667	15,468
	108,985	103,643	5,342
	381,617	292,750	88,867
	378,896	338,245	40,651
	264,993	208,948	56,045
	70,207	61,719	8,488
	29,335	23,898	5,437
	241,468	240,550	918
	293,958	252,647	41,311
	371,419	333,123	38,296
	72,615	67,435	5,180
	34,701	20,370	14,331
	223,497	390,587	-167,090
	46,455	42,373	4,082
	269,277	216,758	52,519
	370,232	284,903	85,329
	319,521	267,118	52,403
	349,798	200,418	149,380
	40,513	36,026	4,487
	56,420	41,964	14,456
	135,494	79,377	56,117
	104,275	80,660	23,615
	231,034	99,681	131,353
	39,712	46,085	-6,373
	42,189	46,828	-4,639
	45,961	46,460	-499
	51,070	19,697	31,373
	51,061	48,987	2,074
	22,667	25,197	-2,530
	17,106	14,966	2,140
	35,159	31,351	3,808
	18,718	16,535	2,183
	17,955	16,503	1,452
	58,679	56,266	2,413
	70,451	66,349	4,102
	78,399	59,143	19,256
	203,133	101,827	101,306
	43,882	39,431	4,451
	121,594	47,888	73,706
	54,680	43,132	11,548
	68,776	59,996	8,780
	37,138	32,277	4,861
	15,176	13,008	2,168
	22,521	19,600	2,921
	42,514	38,974	3,540
	50,517	29,551	20,966
	15,037	25,816	-10,779
	69,360	62,745	6,615
	46,701	36,547	10,154
	21,395	16,064	5,331
	35,861	30,142	5,719
	63,802	36,685	27,117
	125,000	125,607	-607
	125,000	125,599	-599
	127,309	49,244	78,065
	144,432	108,978	35,454
	114,200	38,555	75,645
	150,812	110,889	39,923
	143,229	76,478	66,751
	60,000	59,940	60
	60,059	59,941	118
	1,000,000	1,000,000	0
	24,960	21,857	3,103
	43,170	25,037	18,133
	89,461	59,202	30,259
	72,137	48,045	24,092
	146,249	59,383	86,866
	25,112	27,698	-2,586
	23,593	27,986	-4,393
	21,387	28,173	-6,786
	23,013	10,532	12,481
	29,777	29,302	475
	14,603	15,079	-476
	11,109	9,235	1,874
	21,004	18,942	2,062
	11,567	9,845	1,722
	12,518	9,905	2,613
	39,041	33,517	5,524
	41,224	40,336	888
	34,165	28,354	5,811
	136,006	63,420	72,586
	21,287	24,212	-2,925
	38,500	38,234	266
	35,400	35,191	209
	77,939	25,703	52,236
	30,188	26,852	3,336
	41,551	35,892	5,659
	25,783	18,916	6,867
	22,176	19,242	2,934
	10,488	7,695	2,793
	14,961	11,676	3,285
	29,675	23,669	6,006
	136,229	138,946	-2,717
	164,846	165,192	-346
	180,788	181,550	-762
	33,386	17,501	15,885
	9,759	15,368	-5,609
	46,794	37,280	9,514
	27,619	22,498	5,121
	12,429	10,307	2,122
	12,708	9,679	3,029
	31,188	17,820	13,368
	351,842	356,771	-4,929
	142,208	121,292	20,916
	192,249	494,968	-302,719
	207,271	535,784	-328,513
	480		480

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			-963
b			0
c			10,069
d			0
e			76
			1,727
			-39,439
			37,738
			46,650
			3,591
			-15,070
			148
			211
			100
			45
			150
			-11
			-178
			257
			-111
			3,130
			758
			3,250
			-624
			1,689
			5,986
			-300
			-403
			15
			861
			5,059
			64
			5,347
			-401
			-1,247
			-1,285
			4,004
			286
			2,747
			840
			2,033
			-364
			378
			2,032
			-5
			6,631
			160
			448
			-78
			-724
			6,139
			-2,042
			5,557
			6,488
			15,740
			4,546
			643
			-1,152
			2,234
			1,829
			480
			641
			7,825
			0
			-12,540
			30,924
			115,891
			82,280
			154,753
			-62,433
			39,343
			43,061
			11,876
			49,654
			56,162
			-3,137
			-184
			292,525
			13,515
			-17,472
			32,098
			40,821
			44,446
			24,511
			63,102
			36,152
			15,468
			5,342
			88,867
			40,651
			56,045
			8,488
			5,437
			918
			41,311
			38,296
			5,180
			14,331
			-167,090
			4,082
			52,519
			85,329
			52,403
			149,380
			4,487
			14,456
			56,117
			23,615
			131,353
			-6,373
			-4,639
			-499
			31,373
			2,074
			-2,530
			2,140
			3,808
			2,183
			1,452
			2,413
			4,102
			19,256
			101,306
			4,451
			73,706
			11,548
			8,780
			4,861
			2,168
			2,921
			3,540
			20,966
			-10,779
			6,615
			10,154
			5,331
			5,719
			27,117
			-607
			-599
			78,065
			35,454
			75,645
			39,923
			66,751
			60
			118
			0
			3,103
			18,133
			30,259
			24,092
			86,866
			-2,586
			-4,393
			-6,786
			12,481
			475
			-476
			1,874
			2,062
			1,722
			2,613
			5,524
			888
			5,811
			72,586
			-2,925
			266
			209
			52,236
			3,336
			5,659
			6,867
			2,934
			2,793
			3,285
			6,006
			-2,717
			-346
			-762
			15,885
			-5,609
			9,514
			5,121
			2,122
			3,029
			13,368
			-4,929
			20,916
			-302,719
			-328,513
			480

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	2,284,266
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	41,560
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	41,560
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	41,560
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	8,000
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	8,000
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	3
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	33,563
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? ................

Yes

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

WWW.GUIDESTAR.ORG

The books are in care of right arrow

PAUL ELIAS Telephone no. right arrow

(617) 423-5705

Located at right arrow

JM FORBES 121 MOUNT VERNON STBOSTONMA ZIP+4 right arrow

02108

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

If "Yes," list the years right arrow

20, 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.) ..............

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
PAUL ELIAS	TRUSTEE 4.00	0	0	0
C/O J M FORBES CO LLP121 MOUNT VERNON ST BOSTON,MA02108	TRUSTEE 4.00	0	0	0
ROGER GREENE	TRUSTEE 4.00	0	0	0
C/O J M FORBES CO LLP121 MOUNT VERNON ST BOSTON,MA02108	TRUSTEE 4.00	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


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

41,968,102

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

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

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

41,968,102

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

41,968,102

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

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

629,522

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

41,338,580

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

2,066,929

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

2,066,929

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

41,560

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

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

41,560

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

2,025,369

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

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

2,025,369

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

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

2,025,369

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 ..........

7,877,043

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. .......

7,877,043

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					2,025,369
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				876,341
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: $ 7,877,043
a Applied to 2022, but not more than line 2a				876,341
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2023 distributable amount.....					2,025,369
e Remaining amount distributed out of corpus		4,975,333
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		4,975,333
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		4,975,333
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....	4,975,333

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
NATIONAL PHILANTHROPIC TRUST 165 TOWNSHIP LINE ROAD - SUITE 1200 JENKINTOWN,PA19046	NONE	501(C)(3) SPONSORING	FOR CHARITABLE PURPOSES AS ADVISED BY THE DONOR	7,872,168
Total ................................. 3a				7,872,168

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 ...........
4 Dividends and interest from securities ....					894,740
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 ............					2,281,022
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		0	3,175,762

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

3,175,762

(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.)
4	ASSETS ARE INVESTED IN A BROKERAGE ACCOUNT TO GENERATE INVESTMENT
4	INCOME TO SUPPORT THE TRUST'S EXEMPT PURPOSE
8	SAME AS ABOVE

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

- TIN:

TY 2023 AccountingFeesSchedule

Name:

MONKEY KING

EIN:

83-2951869

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
J.M. FORBES & CO. LLP - TAX PREPARATION	3,750	3,750		0

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

MONKEY KING

EIN:

83-2951869

Name of Bond	End of Year Book Value	End of Year Fair Market Value
INVESTMENTS-CORPORATE BONDS	943,131	951,552

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

MONKEY KING

EIN:

83-2951869

Name of Stock	End of Year Book Value	End of Year Fair Market Value
INVESTMENTS-CORPORATE STOCK	23,943,046	31,037,917

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

MONKEY KING

EIN:

83-2951869

US Government Securities - End of Year Book Value:

8,654,257

US Government Securities - End of Year Fair Market Value:

8,591,977

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

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

- TIN:

TY 2023 OtherExpensesSchedule

Name:

MONKEY KING

EIN:

83-2951869

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MASSACHUSETTS FORM PC FEE	250	250		0

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

MONKEY KING

EIN:

83-2951869

Description	Amount
TIMING DIFFERENCE	3,434

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

MONKEY KING

EIN:

83-2951869

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
J.M. FORBES & CO. LLP - INVESTMENT FEES	169,472	169,472	0
RIDGEWAY PHILANTHROPY - ADVISORY FEE	4,875	0	4,875
SULLIVAN & WORCESTER - LEGAL FEES	9,967	0	0

- TIN:

TY 2023 TaxesSchedule

Name:

MONKEY KING

EIN:

83-2951869

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX ON DIVIDENDS	5,394	5,394		0
FEDERAL ESTIMATES 2023	2,438	0		0