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
ROBERT S MORRISON FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)355 PROSPECT ROAD P O BOX 580
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ASHTABULA, OH44005
A Employer identification number

23-7246162
B Telephone number (see instructions)

(440) 992-7674
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$17,194,285J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 420,448 417,086  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 340,934
b Gross sales price for all assets on line 6a 1,728,515
7 Capital gain net income (from Part IV, line 2)... 340,934
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........ 761,382 758,020  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 82,500 0   82,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
7,438 0   7,438
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,748 0   3,748
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
49,690 49,490   200
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
31,468 4,788   6,445
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
576 0  
20 Occupancy.............. 17,239 0   17,239
21 Travel, conferences, and meetings....... 2,673 0   2,673
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
47,480 0   47,480
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 242,812 54,278   167,723
25 Contributions, gifts, grants paid....... 1,525,488 705,488
26 Total expenses and disbursements. Add lines 24 and 25 1,768,300 54,278   873,211
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,006,918
b Net investment income (if negative, enter -0-) 703,742
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. -19,402 12,151 12,151
2 Savings and temporary cash investments......... 86,324 215,319 215,319
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)....... 4,106,298 Click to see attachment
List of Attached Documents:
// Content
3,351,388 		6,971,227
c Investments—corporate bonds (attach schedule)....... 4,708,180 Click to see attachment
List of Attached Documents:
// Content
5,127,647 		4,420,903
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).......... 3,140,896 Click to see attachment
List of Attached Documents:
// Content
3,117,942 		5,572,094
14 Land, buildings, and equipment: basis right arrow4,031
Less: accumulated depreciation (attach schedule) right arrow1,440 3,167 Click to see attachment
List of Attached Documents:
// Content
2,591 		2,591
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,025,463 11,827,038 17,194,285
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 990,000 820,000
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)......... 990,000 820,000
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 11,035,463 11,007,038
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 11,035,463 11,007,038
30 Total liabilities and net assets/fund balances (see instructions). 12,025,463 11,827,038
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
11,035,463
2
Enter amount from Part I, line 27a .....................
2
-1,006,918
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
978,493
4
Add lines 1, 2, and 3 ..........................
4
11,007,038
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
11,007,038
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 ASBURY AUTOMOTIVE GROUP INC P 2023-03-23 2023-12-18
b ASTRAZENECA PLC P 2022-08-17 2023-02-27
c ASTRAZENECA PLC P 2022-12-06 2023-02-27
d BAE SYSTEMS PLC P 2022-12-06 2023-02-27
e BAE SYSTEMS PLC P 2023-01-26 2023-02-27
BANCO BRADESCO S A P 2022-09-23 2023-01-26
CANADIAN IMPERIAL BK COMMERCE P 2022-04-04 2023-01-26
CANADIAN IMPERIAL BK COMMERCE P 2022-04-04 2023-01-26
CHOICE HOTELS INTL INC P 2023-03-23 2023-12-15
CHOICE HOTELS INTL INC P 2023-04-11 2023-12-15
CIENA CORP P 2023-03-23 2023-12-15
COMPAGNIE DE SAINT-GOBAIN P 2022-04-04 2023-01-26
DBS HOLDINGS LTD P 2022-05-23 2023-02-27
DBS HOLDINGS LTD P 2023-01-26 2023-02-27
DECKERS OUTDOOR CORP P 2023-03-23 2023-04-11
DEUTSCHE TELEKON AG P 2022-08-17 2023-02-27
DEUTSCHE TELEKON AG P 2022-09-23 2023-02-27
FLOOR & DECOR HOLDINGS INC P 2023-03-23 2023-08-30
GUGGENHEIM TOTAL RETURN BOND FUND P 2023-09-01 2023-10-30
HDFC BANK LTD P 2022-09-23 2023-02-27
HDFC BANK LTD P 2022-12-06 2023-02-27
HSBC HOLDINGS PLC P 2022-12-06 2023-02-27
HSBC HOLDINGS PLC P 2023-01-26 2023-02-27
HITACHI LIMITED P 2022-08-17 2023-02-27
HITACHI LIMITED P 2022-12-06 2023-02-27
HOYA CORP P 2022-05-23 2023-02-27
IBERDROLA SA P 2022-05-23 2023-02-27
IBERDROLA SA P 2022-08-17 2023-02-27
ICICI BANK LTD P 2023-01-26 2023-02-27
IDEX CORP P 2023-03-23 2023-10-24
INPEX CORP P 2022-12-06 2023-01-12
INPEX CORP P 2022-09-23 2023-02-27
INPEX CORP P 2022-12-06 2023-02-27
INPEX CORP P 2023-01-26 2023-02-27
JBS S A P 2022-09-23 2023-01-12
JBS S A P 2022-09-23 2023-02-27
JD.COM INC P 2022-06-28 2023-02-27
JD.COM INC P 2022-12-06 2023-02-27
KERRY GROUP PLC-SPONS ADR P 2023-01-26 2023-02-27
LVMH MOET HENNESSY LOUIS VUITTON P 2022-12-06 2023-02-27
LAZARD GLOBAL LISTED INFRASTR PT $0.375 P 2022-12-22 2023-10-30
LAZARD GLOBAL LISTED INFRASTR PT $0.375 P 2022-12-22 2023-10-30
MS&AD INSURANCE GROUP HOLDINGS INC P 2023-01-26 2023-02-27
MARUBENI CORP P 2022-08-17 2023-02-27
MEITUAN P 2022-06-28 2023-02-27
NUTRIEN LTD P 2022-12-06 2023-02-27
NUTRIEN LTD P 2023-01-26 2023-02-27
PRUDENTIAL PLC P 2022-12-06 2023-02-27
ROCHE HLDG LTD P 2022-12-06 2023-02-27
SHELL PLC P 2022-04-04 2023-02-27
SHELL PLC P 2022-09-23 2023-02-27
SHELL PLC P 2022-12-06 2023-02-27
SHELL PLC P 2023-01-26 2023-02-27
SK TELECOM CO LTD P 2022-08-17 2023-02-27
SK TELECOM CO LTD P 2023-01-26 2023-02-27
SANOFI P 2022-05-23 2023-02-27
SEVEN & I HOLDINGS CO LTD P 2022-12-06 2023-01-12
SEVEN & I HOLDINGS CO LTD P 2022-12-06 2023-02-27
SEVEN & I HOLDINGS CO LTD P 2023-02-27 2023-01-26
SKYWORKS SOLUTIONS INC P 2023-03-23 2023-06-22
SONY CORP P 2022-03-08 2023-01-26
SUNCOR ENERGY INC P 2022-04-04 2023-02-27
SUZANO S A P 2023-01-26 2023-02-27
TRIMBLE INC P 2023-03-23 2023-04-14
VEOLIA ENVIRONNEMENT P 2022-08-17 2023-02-27
VEOLIA ENVIRONNEMENT P 2022-09-23 2023-02-27
WASTE CONNECTIONS INC P 2023-01-26 2023-02-27
WUXI BIOLOGICS CAYMAN INC P 2022-06-28 2023-02-27
LINDE PLC P 2022-04-04 2023-02-27
LINDE PLC P 2022-12-06 2023-02-27
ELBIT SYSTEMS LTD P 2022-12-06 2023-02-27
ELBIT SYSTEMS LTD P 2023-01-26 2023-02-27
STELLANTIS N V P 2022-09-23 2023-02-27
STAR BULK CARRIERS CORP P 2022-09-23 2023-02-27
AIRBUS SE P 2019-11-11 2023-02-27
AIRBUS SE P 2021-02-18 2023-02-27
AKAMAI TECHNOLOGIES INC P 2020-03-20 2023-06-30
AKAMAI TECHNOLOGIES INC P 2021-12-14 2023-06-30
ALIBABA GROUP HOLDING LTD P 2015-04-27 2023-02-27
ALIBABA GROUP HOLDING LTD P 2015-11-03 2023-02-27
ALIBABA GROUP HOLDING LTD P 2016-05-25 2023-02-27
ALIBABA GROUP HOLDING LTD P 2017-01-20 2023-02-27
ALIBABA GROUP HOLDING LTD P 2020-02-18 2023-02-27
ALPHABET INC P 2018-05-31 2023-10-30
AMAZON COM INC P 2016-09-27 2023-10-30
AMAZON COM INC P 2016-11-22 2023-10-30
APPLE INC P 2015-10-26 2023-10-30
APPLE INC P 2016-09-27 2023-10-30
APPLE INC P 2015-09-09 2023-11-21
APPLE INC P 2016-09-27 2023-11-21
APPLE INC P 2008-05-08 2023-11-21
APPLE INC DTD 5/3/2013 P 2019-08-06 2023-05-03
ARCELORMITTAL S A P 2021-08-13 2023-02-27
ARCELORMITTAL S A P 2021-10-22 2023-02-27
ASBURY AUTOMOTIVE GROUP INC P 2021-04-08 2023-06-30
ASBURY AUTOMOTIVE GROUP INC P 2021-04-08 2023-06-30
ASBURY AUTOMOTIVE GROUP INC P 2021-04-08 2023-12-18
ASBURY AUTOMOTIVE GROUP INC P 2021-04-08 2023-12-18
ASBURY AUTOMOTIVE GROUP INC P 2022-02-16 2023-12-18
ASTRAZENECA PLC P 2019-06-10 2023-02-27
BYD CO LTD P 2022-01-18 2023-02-27
BYD CO LTD P 2022-02-07 2023-02-27
BAIDU INC P 2021-04-19 2023-02-27
BARCLAYS PLC P 2021-05-13 2023-02-27
BIOMARIN PHARMACEUTICAL INC P 2021-11-19 2023-10-30
BROOKFIELD CORP P 2020-10-28 2023-02-27
BROOKFILED ASSET MANAGEMENT LTD P 2020-10-28 2023-01-26
CSL LIMITED P 2016-08-02 2023-02-27
CSL LIMITED P 2016-10-04 2023-02-27
CSL LIMITED P 2017-10-12 2023-02-27
CHOICE HOTELS INTL INC P 2022-10-13 2023-12-15
CIENA CORP P 2020-01-27 2023-12-15
CIENA CORP P 2020-01-27 2023-12-15
COMPAGNIE DE SAINT-GOBAIN P 2021-11-17 2023-01-26
COOPER COS INC P 2013-03-14 2023-03-23
COOPER COS INC P 2013-05-10 2023-03-23
COPART INC P 2017-12-04 2023-03-23
COPART INC P 2017-12-04 2023-04-11
COPART INC P 2017-12-04 2023-04-11
COPART INC P 2017-12-04 2023-08-17
CREDIT AGRICOLE SA P 2021-08-20 2023-02-27
CREDIT AGRICOLE SA P 2021-11-17 2023-02-27
MERCEDES BENZ GROUP AG P 2020-10-29 2023-02-27
DECKERS OUTDOOR CORP P 2022-07-14 2023-08-24
DECKERS OUTDOOR CORP P 2022-07-14 2023-11-09
DEUTSCHE TELEKON AG P 2020-10-29 2023-02-27
DEUTSCHE TELEKON AG P 2021-01-21 2023-02-27
DEUTSCHE TELEKON AG P 2021-05-13 2023-02-27
DIAGEO PLC P 2020-02-18 2023-02-27
DIAGEO PLC P 2021-05-13 2023-02-27
DIODES INC P 2019-07-10 2023-03-16
WALT DISNEY CO P 2012-09-26 2023-10-30
ENTEGRIS INC P 2020-09-29 2023-03-23
E2OPEN PARENT HOLDINGS INC P 2021-11-19 2023-10-30
FIRST REPUBLIC BANK P 2017-10-11 2023-03-13
FIRST REPUBLIC BANK P 2017-10-11 2023-03-13
FLOOR & DECOR HOLDINGS INC P 2020-12-10 2023-08-30
FLOOR & DECOR HOLDINGS INC P 2020-12-10 2023-08-30
GLENCORE PLC P 2021-01-22 2023-02-27
GLENCORE PLC P 2021-08-13 2023-02-27
HDFC BANK LTD P 2018-04-20 2023-02-27
HITACHI LIMITED P 2021-08-13 2023-02-27
HONEYWELL INTERNATIONAL INC P 2022-05-03 2023-08-31
HOST HOTELS & RESORTS INC P 2022-05-03 2023-10-30
ICICI BANK LTD P 2021-12-06 2023-02-27
IDEX CORP P 2019-03-21 2023-10-24
IDEX CORP P 2019-03-21 2023-10-24
INFOSYS LTD P 2021-02-18 2023-02-27
ING GROEP N V P 2013-10-01 2023-02-27
ING GROEP N V P 2014-12-08 2023-02-27
ING GROEP N V P 2015-11-03 2023-02-27
ING GROEP N V P 2017-01-20 2023-02-27
ING GROEP N V P 2020-12-10 2023-02-27
INTESA SANPAOLO S P A P 2020-09-28 2023-02-27
INTESA SANPAOLO S P A P 2021-01-21 2023-02-27
INVITATION HOMES INC P 2021-11-19 2023-10-30
ISHARES GOLD TRUST P 2021-02-25 2023-01-31
ISHARES GOLD TRUST P 2021-02-25 2023-10-31
ISHARES GOLD TRUST P 2021-02-25 2023-11-30
ISHARES GOLD TRUST P 2021-02-25 2023-12-31
ISHARES GOLD TRUST P 2021-02-25 2023-02-28
ISHARES GOLD TRUST P 2021-02-25 2023-03-31
ISHARES GOLD TRUST P 2021-02-25 2023-04-30
ISHARES GOLD TRUST P 2021-02-25 2023-05-31
ISHARES GOLD TRUST P 2021-02-25 2023-06-30
ISHARES GOLD TRUST P 2021-02-25 2023-07-31
ISHARES GOLD TRUST P 2021-02-25 2023-08-31
ISHARES GOLD TRUST P 2021-02-25 2023-09-30
JBS S A P 2020-04-20 2023-02-27
JBS S A P 2021-01-21 2023-02-27
JBS S A P 2021-05-13 2023-02-27
KB FINANCIAL GROUP INC P 2017-09-13 2023-02-27
KB FINANCIAL GROUP INC P 2018-02-18 2023-02-27
KB FINANCIAL GROUP INC P 2018-02-15 2023-02-27
KB FINANCIAL GROUP INC P 2018-02-15 2023-02-27
KB FINANCIAL GROUP INC P 2019-03-29 2023-02-27
KB FINANCIAL GROUP INC P 2020-12-10 2023-02-27
KB FINANCIAL GROUP INC P 2020-12-10 2023-02-27
KENVUE INC P 2022-05-03 2023-09-11
KEYSIGHT TECHNOLOGIES INC P 2018-12-12 2023-04-11
KRAFT HEINZ CO P 2021-11-19 2023-08-31
KRAFT HEINZ CO P 2021-11-19 2023-10-30
LVMH MOET HENNESSY LOUIS VUITTON P 2012-02-08 2023-02-27
LAZARD GLOBAL LISTED INFRASTR PT $0.375 P 2021-02-04 2023-10-30
LAZARD GLOBAL LISTED INFRASTR PT $0.375 P 2022-08-18 2023-10-30
LAZARD GLOBAL LISTED INFRASTR PT $0.375 P 2022-08-18 2023-10-30
LONZA GROUP AG P 2022-01-18 2023-02-27
MS&AD INSURANCE GROUP HOLDINGS INC P 2021-02-19 2023-02-27
MARUBENI CORP P 2022-02-07 2023-02-27
MASCO CORP P 2020-12-09 2023-04-14
MCCORMICK & CO INC P 2017-08-09 2023-03-07
MCCORMICK & CO INC P 2017-08-09 2023-03-07
METTLER-TOLEDO INTERNATIONAL INC P 2014-08-15 2023-03-23
MICROSOFT CORP P 2015-07-29 2023-10-30
MICROSOFT CORP P 2015-10-26 2023-10-30
MICROSOFT CORP P 2018-05-31 2023-10-30
MICROSOFT CORP P 2015-07-29 2023-11-21
MICROSOFT CORP P 2015-09-09 2023-11-21
MONOLITHIC POWER SYSTEMS INC P 2016-09-29 2023-03-16
MONOLITHIC POWER SYSTEMS INC P 2016-09-29 2023-03-16
NESTLE S A P 2021-04-19 2023-01-12
NESTLE S A P 2020-04-02 2023-02-27
NESTLE S A P 2021-04-19 2023-02-27
NEUROCRINE BIOSCIENCES INC P 2020-07-14 2023-03-23
NEUROCRINE BIOSCIENCES INC P 2020-07-14 2023-03-23
NEUROCRINE BIOSCIENCES INC P 2020-07-14 2023-06-16
NEUROCRINE BIOSCIENCES INC P 2022-04-26 2023-06-16
POSCO P 2021-07-09 2023-02-27
POSCO P 2021-10-22 2023-02-27
PAYCOM SOFTWARE INC P 2018-03-21 2023-03-23
PINDUODUO INC P 2021-10-22 2023-02-27
PINDUODUO INC P 2022-02-07 2023-02-27
POOL CORP P 2017-02-17 2023-03-23
POOL CORP P 2017-02-17 2023-03-23
RAYMOND JAMES FINANCIAL INC P 2013-04-17 2023-03-23
RAYMOND JAMES FINANCIAL INC P 2013-05-10 2023-03-23
RENESAS ELECTRO-UNSPON ADR P 2021-06-08 2023-02-27
RENESAS ELECTRO-UNSPON ADR P 2021-08-12 2023-02-27
ROCHE HLDG LTD P 2019-06-10 2023-02-27
ROCHE HLDG LTD P 2019-06-28 2023-02-27
ROCHE HLDG LTD P 2020-05-15 2023-02-27
SK TELECOM CO LTD P 2020-08-05 2023-02-27
SK TELECOM CO LTD P 2020-09-10 2023-02-27
SK TELECOM CO LTD P 2021-01-21 2023-02-27
SMC CORP P 2017-03-10 2023-02-27
SPS COMMERCE INC P 2021-09-22 2023-03-16
SPS COMMERCE INC P 2021-09-17 2023-06-22
SPS COMMERCE INC P 2021-09-22 2023-06-22
SAIA INC P 2022-01-25 2023-06-16
SHIN-ETSU CHEMICAL CO LTD P 2019-09-30 2023-01-26
SHIN-ETSU CHEMICAL CO LTD P 2019-09-30 2023-01-26
SHIN-ETSU CHEMICAL CO LTD P 2019-09-30 2023-01-26
SIEMENS AG P 2021-05-13 2023-02-27
SIEMENS AG P 2021-08-13 2023-02-27
SKYWORKS SOLUTIONS INC P 2018-10-16 2023-06-22
SKYWORKS SOLUTIONS INC P 2018-10-16 2023-06-22
SONY CORP P 2020-03-19 2023-01-26
SONY CORP P 2020-03-19 2023-01-26
SONY CORP P 2020-09-10 2023-01-26
SONY CORP P 2021-08-13 2023-01-26
SUMITOMO MITSUI FINL GROUP INC P 2022-02-07 2023-02-27
TAIWAN SEMICONDUCTOR MFG CO P 2012-01-31 2023-02-27
TAIWAN SEMICONDUCTOR MFG CO P 2012-01-31 2023-02-27
TAIWAN SEMICONDUCTOR MFG CO P 2012-01-31 2023-02-27
TAIWAN SEMICONDUCTOR MFG CO P 2015-11-03 2023-02-27
TECHTRONIC INDUSTRIES CO P 2013-09-17 2023-01-26
TENCENT HOLDINGS INC P 2019-11-11 2023-02-27
TENCENT HOLDINGS INC P 2022-02-07 2023-02-27
TRACTOR SUPPLY CO P 2022-05-03 2023-08-31
TRIMBLE INC P 2022-04-06 2023-04-14
UNICREDIT SPA-ADR P 2022-01-19 2023-02-27
VALE S A P 2021-11-17 2023-01-26
VERALTO CORP P 2018-05-31 2023-10-02
VERALTO CORP P 2015-07-16 2023-10-30
VERALTO CORP P 2015-07-29 2023-10-30
VERALTO CORP P 2015-09-09 2023-10-30
VERALTO CORP P 2018-05-31 2023-10-30
WEST FRASER TIMBER CO LTD P 2021-08-13 2023-02-27
WEST FRASER TIMBER CO LTD P 2021-11-17 2023-02-27
WHEATON PRECIOUS METALS CORP P 2021-11-19 2023-08-31
WILLIAMS SONOMA INC P 2020-05-01 2023-03-23
WILLIAMS SONOMA INC P 2020-05-01 2023-06-22
WILLIAMS SONOMA INC P 2020-05-01 2023-06-22
WUXI BIOLOGICS CAYMAN INC P 2020-03-19 2023-02-27
WUXI BIOLOGICS CAYMAN INC P 2022-02-07 2023-02-27
HORIZON THERAPEUTICS PLC P 2020-06-23 2023-02-02
HORIZON THERAPEUTICS PLC P 2020-06-23 2023-02-02
STERIS PLC P 2017-09-20 2023-03-23
ASML HOLDING N V P 2020-02-18 2023-02-27
ASML HOLDING N V P 2020-12-10 2023-02-27
STAR BULK CARRIERS CORP P 2021-06-07 2023-02-27
STAR BULK CARRIERS CORP P 2021-11-17 2023-02-27
CAPITAL GAINS DIVIDENDS P    
(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 1,864   1,579 285
b 1,731   1,747 -16
c 1,798   1,840 -42
d 4,243   3,875 368
e 2,099   2,029 70
2,402   3,368 -966
2,200   3,042 -842
792   1,095 -303
2,110   2,147 -37
5,663   6,101 -438
961   1,078 -117
2,027   2,142 -115
4,380   3,845 535
1,732   1,853 -121
4,141   3,966 175
1,826   1,562 264
2,187   1,740 447
7,449   6,668 781
52,740   55,128 -2,388
134   118 16
3,889   3,958 -69
4,785   3,857 928
2,051   2,016 35
1,923   1,955 -32
1,518   1,597 -79
3,607   3,875 -268
3,743   3,867 -124
1,941   1,879 62
2,326   2,346 -20
5,775   6,528 -753
553   551 2
5,141   4,958 183
1,654   1,696 -42
2,202   2,382 -180
597   691 -94
897   1,250 -353
1,874   2,697 -823
1,294   1,752 -458
4,254   4,127 127
2,020   1,799 221
5,900   6,017 -117
13,370   13,637 -267
1,897   1,885 12
2,457   1,928 529
1,800   2,701 -901
3,497   3,555 -58
2,332   2,430 -98
4,575   4,030 545
1,284   1,420 -136
4,648   4,243 405
2,018   1,593 425
1,957   1,843 114
2,202   2,098 104
1,743   1,989 -246
2,008   2,233 -225
3,356   3,919 -563
646   554 92
3,660   3,267 393
2,507   2,648 -141
2,886   3,240 -354
1,153   1,271 -118
4,348   4,232 116
4,017   4,081 -64
5,896   5,842 54
6,760   5,613 1,147
2,527   1,677 850
4,339   4,167 172
1,368   1,900 -532
4,492   4,177 315
2,073   2,010 63
3,857   3,995 -138
2,012   1,993 19
4,700   3,261 1,439
2,380   1,879 501
4,474   5,032 -558
2,612   2,202 410
8,964   8,821 143
4,618   5,841 -1,223
535   510 25
982   922 60
1,785   1,498 287
1,160   1,252 -92
268   658 -390
37,260   16,604 20,656
13,126   4,047 9,079
6,563   1,967 4,596
27,096   4,726 22,370
57,579   9,614 47,965
38,072   5,638 32,434
22,843   3,393 19,450
15,229   530 14,699
200,000   200,000 0
3,788   4,599 -811
2,446   2,602 -156
475   385 90
4,753   3,851 902
3,961   3,270 691
4,660   3,843 817
7,222   5,657 1,565
5,659   3,333 2,326
2,882   3,567 -685
1,088   1,244 -156
2,932   4,406 -1,474
3,426   4,138 -712
15,764   17,547 -1,783
2,966   2,215 751
701   506 195
2,910   1,297 1,613
3,411   1,396 2,015
201   108 93
6,662   7,216 -554
6,464   6,302 162
5,241   5,118 123
3,918   4,781 -863
4,490   1,365 3,125
2,072   696 1,376
8,420   2,573 5,847
1,658   480 1,178
1,130   327 803
6,125   1,525 4,600
3,993   4,544 -551
1,894   2,288 -394
4,807   3,255 1,552
2,102   1,053 1,049
6,952   2,896 4,056
3,946   2,670 1,276
2,729   2,228 501
2,368   2,085 283
5,092   4,708 384
1,405   1,472 -67
4,361   1,778 2,583
4,807   3,149 1,658
2,010   1,845 165
1,946   9,079 -7,133
1,222   4,553 -3,331
1,250   4,658 -3,408
5,714   5,024 690
5,816   5,099 717
5,196   3,245 1,951
2,563   2,004 559
4,761   3,493 1,268
4,149   4,698 -549
71,142   74,287 -3,145
15,493   19,857 -4,364
4,940   4,421 519
6,737   5,313 1,424
4,620   3,643 977
4,692   4,601 91
1,220   1,034 186
915   945 -30
887   920 -33
2,648   2,731 -83
2,482   1,761 721
3,838   2,708 1,130
2,435   2,124 311
47,049   66,473 -19,424
50   47 3
51   46 5
51   45 6
54   47 7
45   44 1
51   46 5
51   46 5
53   48 5
51   47 4
52   48 4
52   48 4
51   50 1
1,881   2,099 -218
1,422   1,823 -401
1,247   2,055 -808
2,687   3,241 -554
307   494 -187
38   62 -24
499   803 -304
422   408 14
653   735 -82
1,420   1,599 -179
16   15 1
2,840   1,101 1,739
33,590   35,705 -2,115
3,158   3,518 -360
8,753   1,688 7,065
6,830   7,083 -253
79   96 -17
1,783   2,159 -376
3,033   3,561 -528
5,049   4,492 557
4,268   3,386 882
15,044   16,546 -1,502
7,362   4,891 2,471
4,619   3,072 1,547
5,789   1,070 4,719
8,380   1,162 7,218
16,759   2,633 14,126
16,759   4,943 11,816
37,241   4,647 32,594
18,620   2,202 16,418
7,688   1,268 6,420
5,766   950 4,816
489   465 24
6,132   5,511 621
1,388   1,394 -6
762   999 -237
4,763   6,269 -1,506
2,558   3,246 -688
10,430   9,778 652
2,762   3,341 -579
2,271   2,407 -136
6,772   2,842 3,930
3,108   3,590 -482
3,626   2,265 1,361
2,913   1,044 1,869
2,266   812 1,454
1,781   578 1,203
320   99 221
3,805   3,354 451
3,280   2,738 542
3,559   3,309 250
1,248   1,188 60
514   638 -124
1,438   2,644 -1,206
869   1,704 -835
932   2,100 -1,168
3,874   2,195 1,679
1,763   1,928 -165
2,381   1,951 430
1,282   1,125 157
4,803   4,363 440
1,070   805 265
3,568   2,684 884
107   81 26
6,162   6,857 -695
2,054   2,258 -204
5,154   4,444 710
5,670   4,887 783
177   109 68
3,192   1,966 1,226
1,951   1,698 253
798   908 -110
5,080   4,485 595
1,316   211 1,105
88   14 74
7,721   1,239 6,482
1,053   269 784
4,680   995 3,685
3,552   3,335 217
1,554   2,141 -587
99,999   93,889 6,110
7,272   10,339 -3,067
4,649   3,565 1,084
7,500   4,791 2,709
25   12 13
2,270   782 1,488
1,135   398 737
3,405   1,159 2,246
749   383 366
3,587   3,552 35
2,018   2,305 -287
93,111   95,429 -2,318
5,409   2,781 2,628
13,649   6,811 6,838
1,812   907 905
1,070   630 440
1,124   1,716 -592
3,198   1,536 1,662
16,099   7,734 8,365
3,269   1,564 1,705
6,310   3,098 3,212
631   457 174
4,475   3,611 864
3,189   2,524 665
4,950     4,950
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       285
b       -16
c       -42
d       368
e       70
      -966
      -842
      -303
      -37
      -438
      -117
      -115
      535
      -121
      175
      264
      447
      781
      -2,388
      16
      -69
      928
      35
      -32
      -79
      -268
      -124
      62
      -20
      -753
      2
      183
      -42
      -180
      -94
      -353
      -823
      -458
      127
      221
      -117
      -267
      12
      529
      -901
      -58
      -98
      545
      -136
      405
      425
      114
      104
      -246
      -225
      -563
      92
      393
      -141
      -354
      -118
      116
      -64
      54
      1,147
      850
      172
      -532
      315
      63
      -138
      19
      1,439
      501
      -558
      410
      143
      -1,223
      25
      60
      287
      -92
      -390
      20,656
      9,079
      4,596
      22,370
      47,965
      32,434
      19,450
      14,699
      0
      -811
      -156
      90
      902
      691
      817
      1,565
      2,326
      -685
      -156
      -1,474
      -712
      -1,783
      751
      195
      1,613
      2,015
      93
      -554
      162
      123
      -863
      3,125
      1,376
      5,847
      1,178
      803
      4,600
      -551
      -394
      1,552
      1,049
      4,056
      1,276
      501
      283
      384
      -67
      2,583
      1,658
      165
      -7,133
      -3,331
      -3,408
      690
      717
      1,951
      559
      1,268
      -549
      -3,145
      -4,364
      519
      1,424
      977
      91
      186
      -30
      -33
      -83
      721
      1,130
      311
      -19,424
      3
      5
      6
      7
      1
      5
      5
      5
      4
      4
      4
      1
      -218
      -401
      -808
      -554
      -187
      -24
      -304
      14
      -82
      -179
      1
      1,739
      -2,115
      -360
      7,065
      -253
      -17
      -376
      -528
      557
      882
      -1,502
      2,471
      1,547
      4,719
      7,218
      14,126
      11,816
      32,594
      16,418
      6,420
      4,816
      24
      621
      -6
      -237
      -1,506
      -688
      652
      -579
      -136
      3,930
      -482
      1,361
      1,869
      1,454
      1,203
      221
      451
      542
      250
      60
      -124
      -1,206
      -835
      -1,168
      1,679
      -165
      430
      157
      440
      265
      884
      26
      -695
      -204
      710
      783
      68
      1,226
      253
      -110
      595
      1,105
      74
      6,482
      784
      3,685
      217
      -587
      6,110
      -3,067
      1,084
      2,709
      13
      1,488
      737
      2,246
      366
      35
      -287
      -2,318
      2,628
      6,838
      905
      440
      -592
      1,662
      8,365
      1,705
      3,212
      174
      864
      665
      4,950
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 2 340,934
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 9,782
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 9,782
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 9,782
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 18,662
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 18,662
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 8,880
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow8,880 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowOH
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 arrowTHEROBERTSMORRISONFOUNDATION.ORG
14
The books are in care ofright arrowLOUISE M RAFFA Telephone no.right arrow (440) 992-7674

Located atright arrow355 PROSPECT ROAD SUITE 110ASHTABULAOH ZIP+4right arrow44004
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
 
 
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
LOUISE M RAFFA CO-PRESIDENT
30.00 		82,500 0 0
3823 EDGEWATER DRIVE
ASHTABULA,OH44004
ALEC J RAFFA CO-PRESIDENT
2.00 		0 0 0
3642 SAMAR DRIVE
ASHTABULA,OH44004
THOMAS M RAFFA TRUSTEE
2.00 		0 0 0
15563 MIAMI LAKEWAY N 101
MIAMI LAKES,FL33014
ROBERT M RAFFA TRUSTEE
2.00 		0 0 0
8325 SW 44TH STREET
MIAMI,FL33155
RICHARD ROWLEY TRUSTEE
2.00 		0 0 0
2797 SOMBRERO BLVD
MARATHON,FL33050
RICHARD G COBLITZ TRUSTEE
2.00 		0 0 0
5610 MAIN AVENUE
ASHTABULA,OH44004
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
16,401,772
b
Average of monthly cash balances.......................
1b
35,224
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
16,436,996
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
16,436,996
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
246,555
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
16,190,441
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
809,522
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
809,522
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
9,782
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
9,782
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
799,740
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
799,740
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
799,740
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
873,211
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
873,211
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 7 799,740
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 734,027
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: right arrow$ 873,211
a Applied to 2022, but not more than line 2a 734,027
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..... 139,184
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		660,556
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
LOUISE RAFFA
355 PROSPECT ROAD SUITE 110
ASHTABULA,OH44004
(440) 992-7674
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION IS AVAILABLE ON WEBSITE
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
PRIMARILY WITHIN ASHTABULA COUNTY, OHIO
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

AFTER SCHOOL DISCOVERY

70 ROSS ROAD
ASHTABULA,OH44005 		NONE PC GENERAL PURPOSE 40,000

ASHTABULA ARTS CENTER FOUNDATION

2928 WEST 13TH STREET
ASHTABULA,OH44005 		NONE PC GENERAL PURPOSE 10,000

ASHTABULA COUNTY ANIMAL PROTECTIVE LEAUGE

5960 GREEN ROAD
ASHTABULA,OH44005 		NONE PC GENERAL PURPOSE 57,000

ASHTABULA COUNTY MEDICAL CENTER FOUNDATION

2420 LAKE AVENUE
ASHTABULA,OH44005 		NONE PC GENERAL PURPOSE 155,000

ASHTABULA DOWNTOWN DEVELOPMENT ASSOCIATION

PO BOX 362
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 500

ASHTABULA LITTLE LEAGUE

PO BOX 2244
ASHTABULA,OH44005 		NONE PC GENERAL PURPOSE 14,000

BEATITUDE HOUSE

3404 LAKE AVENUE
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 15,000

CIVIC DEVELOPMENT CORPORATION

PO BOX 131
ASHTABULA,OH44005 		NONE PC GENERAL PURPOSE 15,000

CLEVELAND RAPE CRISIS CENTER

2937 W 25TH STREET SECOND FLOOR
CLEVELAND,OH44113 		NONE PC GENERAL PURPOSE 12,000

COUNTRY NEIGHBOR PROGRAM INC

PO BOX 212
ORWELL,OH44076 		NONE PC GENERAL PURPOSE 5,000

FIRST PRESBYTERIAN CHURCH

4317 PARK AVENUE
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 10,000

GO COMMUNITY DEVELOPMENT CORPORATION

3703 STATION AVENUE
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 5,000

GIRL SCOUTS OF NORTHEAST OHIO

1 GIRL SCOUT WAY
MACEDONIA,OH44056 		NONE PC GENERAL PURPOSE 5,000

GROWTH PARTNERSHIP FOR ASHTABULA COUNTY

35 WEST JEFFERSON STREET
JEFFERSON,OH44047 		NONE PC GENERAL PURPOSE 3,500

HOLDEN FORESTS & GARDENS

9550 SPERRY ROAD
KINGSVILLE,OH44094 		NONE PC GENERAL PURPOSE 1,000

KENT STATE UNIVERSITY

3300 LAKE ROAD WEST
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 125,000

LAKESIDE HIGH SCHOOL ATHLETIC DEPARTMENT

6610 SANBORN ROAD
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 1,000

SAINT JOHN YOUTH FOOTBALL LEAGUE INC

7911 DEPOT ROAD
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 10,000

WILDFIRE FAN CLUB

3315 NORTH RIDGE EAST SUITE 200
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 1,000

ABC CHILDCARE & LEARNING CENTER

2012 W 11TH STREET
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 25,000

ALZHEIMER'S ASSOCIATION

8522 EAST AVE
MENTOR,OH44060 		NONE PC GENERAL PURPOSE 5,000

AMERICAN RED CROSS NE OHIO

3747 EUCLID AVE
CLEVELAND,OH44115 		NONE PC GENERAL PURPOSE 10,000

ASHTABULA COUNTY AIRPORT AUTHORITY

2382 AIRPORT ROAD
JEFFERSON,OH44047 		NONE PC GENERAL PURPOSE 86,000

ASHTABULA COUNTY DISTRICT LIBRARY FOUNDATION

4335 PARK AVE
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 25,000

ASHTABULA DREAM CENTER

604 W 57TH STREET
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 1,000

ASHTABULA HOMELESS SHELTER INC

4125 STATION AVE
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 12,500

HOSPICE OF THE WESTERN RESERVE INC

1166 LAKE AVE
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 5,000

IDEASTREAM PUBLIC MEDIA

1375 EUCLID AVE
CLEVELAND,OH44115 		NONE PC GENERAL PURPOSE 1,000

JUNIOR ACHIEVEMENT OF ASHTABULA COUNTY

718 LAKE AVE SUITE 2
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 5,000

LEADERSHIP ASHTABULA COUNTY INC

3300 LAKE ROAD WEST
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 15,500

CAMP WHITEWOOD

7983 S WISWELL ROAD
WINDSOR,OH44099 		NONE PC GENERAL PURPOSE 5,000

NORTHEAST OHIO POLLINATOR SOCIETY INC

39 WALL STREET
JEFFERSON,OH44047 		NONE PC GENERAL PURPOSE 2,988

PARK PLACE NON-PROFIT CENTER CO

PO BOX 2838
ASHTABULA,OH44005 		NONE PC GENERAL PURPOSE 5,000

THE CLEVELAND MUSEUM OF ART

11150 EAST BLVD
CLEVELAND,OH44106 		NONE PC GENERAL PURPOSE 1,000

UNIVERSITY HOSPITALS GENEVA MEDICAL CENTER

870 W MAIN STREET
GENEVA,OH44041 		NONE PC GENERAL PURPOSE 500

WESTERN RESERVE LAND CONSERVANCY

3850 CHAGRIN RIVER ROAD
MORELAND HILLS,OH44022 		NONE PC GENERAL PURPOSE 15,000
Total .................................right arrow 3a 705,488
bApproved for future payment

ASHTABULA COUNTY MEDICAL CENTER FOUNDATION
2420 LAKE AVENUE
ASHTABULA,OH44005 		NONE PC GENERAL PURPOSE 700,000

AFTER SCHOOL DISCOVERY
70 ROSS ROAD
ASHTABULA,OH44005 		NONE PC GENERAL PURPOSE 20,000

ASHTABULA COUNTY DISTRICT LIBRARY FOUNDATION
4335 PARK AVE
ASHTABULA,OH44004 		NONE PC GENERAL PURPOSE 100,000
Total ................................. right arrow 3b 820,000
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 ........... 		         
4 Dividends and interest from securities ....     14 420,448  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 340,934  
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) .. 0 761,382 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
761,382
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
ROBERT S MORRISON FOUNDATION
EIN:
23-7246162
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 3,748 0   3,748

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
ROBERT S MORRISON FOUNDATION
EIN:
23-7246162
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
FURNITURE 2021-03-30 4,031 864 SL 7.000000000000 576 0    

TY 2023 InvestmentsCorpBondsSchedule
Name:
ROBERT S MORRISON FOUNDATION
EIN:
23-7246162
Name of Bond End of Year Book Value End of Year Fair Market Value
FIXED INCOME INVESTMENTS 5,127,647 4,420,903

TY 2023 InvestmentsCorpStockSchedule
Name:
ROBERT S MORRISON FOUNDATION
EIN:
23-7246162
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCK 3,351,388 6,971,227

TY 2023 InvestmentsOtherSchedule2
Name:
ROBERT S MORRISON FOUNDATION
EIN:
23-7246162
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MUTUAL FUNDS AT COST 2,227,851 4,697,129
MISCELLANEOUS ASSETS AT COST 890,091 874,965

TY 2023 LandEtcSchedule2
Name:
ROBERT S MORRISON FOUNDATION
EIN:
23-7246162
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FURNITURE 4,031 1,440 2,591 2,591


TY 2023 LegalFeesSchedule
Name:
ROBERT S MORRISON FOUNDATION
EIN:
23-7246162
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 7,438 0   7,438


TY 2023 OtherExpensesSchedule
Name:
ROBERT S MORRISON FOUNDATION
EIN:
23-7246162
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
POSTAGE AND SHIPPING 536 0   536
TELEPHONE EXPENSE 2,880 0   2,880
CONTRACT LABOR 33,008 0   33,008
MISCELLANEOUS EXPENSES 2,587 0   2,587
BANK FEE 349 0   349
PAYROLL PROCESSING FEES 1,843 0   1,843
INSURANCE 2,807 0   2,807
MEMBERSHIP DUES 120 0   120
OFFICE SUPPLIES 3,350 0   3,350


TY 2023 OtherIncreasesSchedule
Name:
ROBERT S MORRISON FOUNDATION
EIN:
23-7246162
Description Amount
CHANGE IN UNREALIZED GAIN ON INVESTMENTS CARRIED AT MARKET VALUE 978,493


TY 2023 OtherProfessionalFeesSchedule
Name:
ROBERT S MORRISON FOUNDATION
EIN:
23-7246162
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 49,490 49,490   0
STATE OF OHIO FILING FEE 200 0   200


TY 2023 TaxesSchedule
Name:
ROBERT S MORRISON FOUNDATION
EIN:
23-7246162
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX EXPENSE 4,788 4,788   0
EXCISE TAX 20,235 0   0
EMPLOYER PAYROLL TAXES 6,445 0   6,445