Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE RAYMOND JOHN WEAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)147 WEST MARKET STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WARREN, OH44481
A Employer identification number

34-6505038
B Telephone number (see instructions)

(330) 394-5600
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$87,987,079J 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... 1,874,846 1,874,846  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,613,778
b Gross sales price for all assets on line 6a 34,973,968
7 Capital gain net income (from Part IV, line 2)... 2,613,778
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........ 4,488,624 4,488,624  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 184,060 0   184,060
14 Other employee salaries and wages...... 274,747 0   274,747
15 Pension plans, employee benefits....... 99,764 0   99,764
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
646,918 414,476   297,778
17 Interest............... 99,847 0   99,847
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
92,642 0   36,011
19 Depreciation (attach schedule) and depletion... 88,926 0  
20 Occupancy.............. 68,290 0   68,290
21 Travel, conferences, and meetings....... 22,084 0   22,084
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
193,322 0   215,888
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,770,600 414,476   1,298,469
25 Contributions, gifts, grants paid....... 3,338,659 3,481,669
26 Total expenses and disbursements. Add lines 24 and 25 5,109,259 414,476   4,780,138
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -620,635
b Net investment income (if negative, enter -0-) 4,074,148
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............. 716,833 823,433 823,433
2 Savings and temporary cash investments......... 4,544,803 5,990,232 5,990,232
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   1,500,000 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 37,857 114,674 114,674
10a Investments—U.S. and state government obligations (attach schedule) 5,666,073 Click to see attachment
List of Attached Documents:
// Content
5,719,156 		5,719,156
b Investments—corporate stock (attach schedule)....... 58,432,368 Click to see attachment
List of Attached Documents:
// Content
62,824,429 		62,824,429
c Investments—corporate bonds (attach schedule)....... 2,031,823 Click to see attachment
List of Attached Documents:
// Content
2,906,589 		2,906,589
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).......... 6,172,139 Click to see attachment
List of Attached Documents:
// Content
7,246,933 		7,246,933
14 Land, buildings, and equipment: basis right arrow3,283,398
Less: accumulated depreciation (attach schedule) right arrow1,052,689 2,297,070 2,230,709 2,230,709
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
96,360 		Click to see attachment
List of Attached Documents:
// Content
130,924 		Click to see attachment
List of Attached Documents:
// Content
130,924
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 81,495,326 87,987,079 87,987,079
Liabilities 17 Accounts payable and accrued expenses.......... 131,555 144,626
18 Grants payable................. 2,373,382 2,751,275
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 1,619,713 1,561,908
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 4,124,650 4,457,809
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........... 77,370,676 83,529,270
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)..... 77,370,676 83,529,270
30 Total liabilities and net assets/fund balances (see instructions). 81,495,326 87,987,079
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
77,370,676
2
Enter amount from Part I, line 27a .....................
2
-620,635
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
6,779,229
4
Add lines 1, 2, and 3 ..........................
4
83,529,270
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
83,529,270
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 PUBLICLY TRADED SECURITIES P    
b
c
d
e
(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 34,973,968   32,360,190 2,613,778
b
c
d
e
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       2,613,778
b
c
d
e
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 2,613,778
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 56,631
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 56,631
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 56,631
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 72,436
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 72,436
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 5
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 15,800
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow15,800 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 arrowWWW.WEANFOUNDATION.ORG
14
The books are in care ofright arrowTHE RAYMOND JOHN WEAN FOUNDATION Telephone no.right arrow (330) 394-5600

Located atright arrow147 WEST MARKET STREETWARRENOH ZIP+4right arrow44481
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
GORDON B WEAN CHAIRMAN
15.00 		0 0 0
147 WEST MARKET ST
WARREN,OH44481
MOLLY SEALS VICE CHAIR
2.00 		0 0 0
147 WEST MARKET ST
WARREN,OH44481
DANTE CAPERS BOARD MEMBER
2.00 		0 0 0
147 WEST MARKET ST
WARREN,OH44481
CARLA BALDWIN BOARD MEMBER
2.00 		0 0 0
147 WEST MARKET ST
WARREN,OH44481
SARA DAUGHERTY SECRETARY
2.00 		0 0 0
147 WEST MARKET ST
WARREN,OH44481
STANLEY ELKINS BOARD MEMBER
2.00 		0 0 0
147 WEST MARKET ST
WARREN,OH44481
VINCENT E PETERSON BOARD MEMBER
2.00 		0 0 0
147 WEST MARKET ST
WARREN,OH44481
JENNIFER E ROLLER PRESIDENT
40.00 		184,060 18,559 0
147 WEST MARKET ST
WARREN,OH44481
SARAH LOWRY BOARD MEMBER
2.00 		0 0 0
147 WEST MARKET ST
WARREN,OH44481
SYBIL WEST BOARD MEMBER
2.00 		0 0 0
147 WEST MARKET ST
WARREN,OH44481
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
FALLON PETERSON SENIOR DIRECTOR OF P
40.00 		105,456 7,256 0
147 WEST MARKET ST
WARREN,OH44481
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
GLENMEDE TRUSTEE FEES 366,939
1650 MARKET ST SUITE 1200
PHILADELPHIA,PA19103
THIRDSPACE ACTION LAB LLC CONSULTING 96,056
1464 E 105TH ST 302
CLEVELAND,OH44106
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 NONE 0
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 NONE 0
2  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
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
75,800,470
b
Average of monthly cash balances.......................
1b
4,996,650
c
Fair market value of all other assets (see instructions)................
1c
3,513,737
d
Total (add lines 1a, b, and c).........................
1d
84,310,857
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
84,310,857
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,264,663
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
83,046,194
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,152,310
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
4,152,310
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
56,631
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
56,631
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,095,679
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,095,679
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
4,095,679
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
4,780,138
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
4,780,138
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 4,095,679
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 170,627
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$ 4,780,138
a Applied to 2022, but not more than line 2a 170,627
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		Click to see attachment
List of Attached Documents:
// Content
0
d Applied to 2023 distributable amount..... 4,095,679
e Remaining amount distributed out of corpus 513,832
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 5 513,832
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 ...... 		513,832
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.... 513,832
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:
CHYNA MITCHELL
147 WEST MARKET STREET
WARREN,OH44481
(330) 394-5600
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS SHOULD BE SUBMITTED THROUGH THE FOUNDATIONS WEBSITE AT WWW.WEANFOUNDATION.ORG
cAny submission deadlines:
THERE ARE QUARTERLY DEADLINES FOR GRANTS OVER $5,000. ALL OTHER GRANTS HAVE ANNUAL DEADLINES.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE FOUNDATIONS WEBSITE AT WWW.WEANFOUNDATION.ORG FOR ADDITIONAL DETAILS, RESTRICTIONS AND LIMITATIONS
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

ACTION INC

400 WEST AVE
ROCHESTER,NY14611 		  PC GENERAL OPERATING SUPPORT 4,000

ADVANCEMENT PROJECT

1220 L ST NW 850
WASHINGTON,DC20005 		  PC GENERAL OPERATING SUPPORT 1,000

AFRICAN AMERICAN MALE WELLNESS AGENCY

139 E BOARDMAN ST
YOUNGSTOWN,OH44503 		  PC GENERAL OPERATING SUPPORT 5,000

AMERICAN RED CROSS OF GREATER AKRON AND THE MAHONING VALLEY

25 N CANFIELD RD
AUSTINTOWN,OH44515 		  PC GENERAL OPERATING SUPPORT 5,000

ANDREA MAHONE FOUNDATION

PO BOX 6400
YOUNGSTOWN,OH44501 		  PC GENERAL OPERATING SUPPORT 5,000

ASSOCIATED NEIGHBORHOOD CENTERS MCGUFFEY CENTRE

1649 JACOBS ROAD
YOUNGSTOWN,OH44505 		  PC GENERAL OPERATING SUPPORT 2,954

BESS PURPOSE INCORPORATED

PO BOX 54
STRUTHERS,OH44471 		  PC GENERAL OPERATING SUPPORT 6,000

BRIDGEWAY CAPITAL

707 GRANT STREET SUITE 1920
PITTSBURGH,PA15219 		  PC GENERAL OPERATING SUPPORT 66,000

BUILDING NEIGHBORHOODS OF YOUNGSTOWN

344 EAST MIDLOTHIAN BOULEVARD
YOUNGSTOWN,OH44507 		  PC GENERAL OPERATING SUPPORT 5,911

CALLIE'S CONFIDENCE

576 W LACLEDE
YOUNGSTOWN,OH44511 		  PC GENERAL OPERATING SUPPORT 2,500

CHRISTIAN REVIVAL DISCIPLESHIP CENTER

3300 HUDSON AVENUE
YOUNGSTOWN,OH44511 		  PC GENERAL OPERATING SUPPORT 1,000

CIL INSTITUTE OF CRITICAL AND STRATEGIC THINKING

3749 ALLENWOOD DR SE
WARREN,OH44484 		  PC GENERAL OPERATING SUPPORT 2,500

COALITION OF IMMOKALEE WORKERS

PO BOX 603
IMMOKALEE,FL34143 		  PC GENERAL OPERATING SUPPORT 2,000

COMMUNITY FOUNDATION OF THE MV

201 E COMMERCE ST 150
YOUNGSTOWN,OH44503 		  PC THE WEAN PARK FUND/EMERGENCY AID 131,000

COMMUNITY LEGAL AID SERVICES INC

25 E BOARDMAN STREET SUITE 520
YOUNGSTOWN,OH44503 		  PC ECONOMIC OPPORTUNITY 4,000

COMMUNITY VOLUNTEER COUNCIL

1642 W MARKET ST
WARREN,OH44485 		  PC GENERAL OPERATING SUPPORT 4,000

DIVINE TRINITY TEMPLE PENTECOSTAL MINISTRIES

500 VINE AVENUE NORTHEAST
WARREN,OH44483 		  PC GENERAL OPERATING SUPPORT 1,000

DOROTHY DAY HOUSE

620 BELMONT AVE
YOUNGSTOWN,OH44502 		  PC GENERAL OPERATING SUPPORT 3,833

ECONOMIC ACTION GROUP INC

100 E FEDERAL STREET
YOUNGSTOWN,OH44509 		  PC GENERAL OPERATING SUPPORT 264,000

EMPOWER SPORTS

3210 EUCLID AVE
CLEVELAND,OH44115 		  PC GENERAL OPERATING SUPPORT 500

EQUALITY OHIO EDUCATION FUN

2121 EUCLID AVENUE LB 138
CLEVELAND,OH44115 		  PC GENERAL OPERATING SUPPORT 2,500

EVOLVE INNOVATION CENTER

3212 MAHONING AVENUE SUITE 4
YOUNGSTOWN,OH44509 		  PC GENERAL OPERATING SUPPORT 7,500

FAIR SHAKE ENVIRONMENTAL LEGAL SERVICES

6425 LIVING PLACE SUITE 200
PITTSBURGH,PA15205 		  PC GENERAL OPERATING SUPPORT 3,000

FREEDOM ROC

848 W EXCHANGE ST
AKRON,OH44302 		  PC GENERAL OPERATING SUPPORT 5,000

FUND FOR OUR ECONOMIC FUTURE

4415 EUCLID AVENUE
CLEVELAND,OH44103 		  PC ADVANCING GROWTH & OPPORTUNITY IN NE OH 10,000

FUTURE HEIGHTS

2843 WASHINGTON BLVD 105
CLEVELAND HEIGHTS,OH44118 		  PC GENERAL OPERATING SUPPORT 3,500

GAME CHANGERS

125 W MARKET ST
WARREN,OH44481 		  PC GENERAL OPERATING SUPPORT 6,917

GOD'S BUTTERFLY - THE MOVEMENT

278 SOUTH CLEVELAND MASSILLON ROAD
AKRON,OH44333 		  PC GENERAL OPERATING SUPPORT 500

GOLDEN STRING INC

16 S PHELPS ST
YOUNGSTOWN,OH44503 		  PC GENERAL OPERATING SUPPORT 5,000

GREATER CLEVELAND NEIGHBORHOOD CENTERS

1814 E 40TH ST
CLEVELAND,OH44103 		  PC GENERAL OPERATING SUPPORT/OHIO TRANSFORMATION FUND 132,000

GREATER MAHONING VALLEY

1507 HILLMAN ST
YOUNGSTOWN,OH44507 		  PC GENERAL OPERATING SUPPORT 7,500

GROOMING UNIVERSITY

2340 CORONADO AVE
YOUNGSTOWN,OH44504 		  PC GENERAL OPERATING SUPPORT 2,500

HEART REACH NEIGHBORHOOD MINISTRIES

211 REDONDO RD
YOUNGSTOWN,OH44504 		  PC GENERAL OPERATING SUPPORT 60,000

HELP NETWORK OF NORTHEAST OHIO

PO BOX 46
YOUNGSTOWN,OH44501 		  PC GENERAL OPERATING SUPPORT 5,000

HOME FOR GOOD REENTRY RESOURCE REFERRAL CENTER

201 WICK AVENUE
YOUNGSTOWN,OH44503 		  PC GENERAL OPERATING SUPPORT 1,000

HONEYCOMB ARTS AND WELLNESS COLLECTIVE

1931 BELMONT AVENUE
YOUNGSTOWN,OH44504 		  PC GENERAL OPERATING SUPPORT 5,000

INSPIRING MINDS

837 WOODLAND STREET
WARREN,OH44483 		  PC GENERAL OPERATING SUPPORT 660,000

JAZZ IN THE PARK YOUNGSTOWN

PO BOX 11253
YOUNGSTOWN,OH44511 		  PC GENERAL OPERATING SUPPORT 4,334

JUNIOR LEAGUE OF THE MAHONING VALLEY

201 E COMMERCE ST 320
YOUNGSTOWN,OH44503 		  PC GENERAL OPERATING SUPPORT 2,000

KENT STATE UNIVERSITY FOUNDATION

PO BOX 5190
KENT,OH44242 		  PC GENERAL OPERATING SUPPORT/BUILDING BLACK LEADERS PROGRAM 66,000

KNOW YOUR NEIGHBOR BLOCK WATCH

2256 CORDOVA AVE
YOUNGSTOWN,OH44504 		  PC GENERAL OPERATING SUPPORT 2,063

KOOL BOIZ FOUNDATION

11 WEST FEDERAL STREET SUITE 604
YOUNGSTOWN,OH44503 		  PC GENERAL OPERATING SUPPORT 1,500

LAWYER'S COMMITTEE FOR CIVIL RIGHTS UNDER LAW

1500 K STREET NW SUITE 900
WASHINGTON,DC20005 		  PC GENERAL OPERATING SUPPORT 1,500

LIT YOUNGSTOWN

323 WICK AVE
YOUNGSTOWN,OH44505 		  PC GENERAL OPERATING SUPPORT 5,000

LOVE YOUR COMMUNITY

1959 BIANCO AVENUE
NILES,OH44446 		  PC GENERAL OPERATING SUPPORT 3,500

MAHONING VALLEY SOJOURN TO THE PAST

4117 OAK KNOLL DR
YOUNGSTOWN,OH44512 		  PC GENERAL OPERATING SUPPORT 14,100

MEDWORKS

407 SE 24TH ST
FORT LAUDERDALE,FL33316 		  PC GENERAL OPERATING SUPPORT 500

MONUMENT OF FAITH CHURCH OF GOD IN CHRIST

PO BOX 62
WARREN,OH44482 		  PC OUTREACH/BASEMENT PROJECT 10,710

NAACP- YOUNGSTOWN BRANCH

1350 FIFTH AVE SUITE 202
YOUNGSTOWN,OH44504 		  PC GENERAL OPERATING SUPPORT 5,500

NEW GEORGIA PROJECT INC

830 GLENWOOD AVE SE STE 510-221
ATLANTA,GA30316 		  PC GENERAL OPERATING SUPPORT 1,000

NFG

548 MARKET STREET 96531
SAN FRANCISCO,CA94104 		  PC GENERAL OPERATING SUPPORT 3,090

NORTHEAST HOMEOWNERS AND CONCERNED CITIZENS

1649 JACOBS ROAD ROOM 6
YOUNGSTOWN,OH44505 		  PC GENERAL OPERATING SUPPORT 5,000

OAK HILL COLLABORATIVE

507 OAK HILL AVENUE
YOUNGSTOWN,OH44505 		  PC GENERAL OPERATING SUPPORT 9,500

OCCHA

3660 SHIRLEY RD
YOUNGSTOWN,OH44502 		  PC GENERAL OPERATING SUPPORT 70,000

OH WOW CHILDREN'S CENTER FOR SCIENCE & TECHNOLOGY

15 CENTRAL SQUARE
YOUNGSTOWN,OH44485 		  PC GENERAL OPERATING SUPPORT 5,000

OHIO ORGANIZING COLLABORATIVE

25 EAST BOARDMAN STREET SUITE 428
YOUNGSTOWN,OH44502 		  PC GENERAL OPERATING SUPPORT 7,000

ORGANIZACION CIVICA Y CULTURAL HISPANA AMERICANA INC

3660 SHIRLEY RD
YOUNGSTOWN,OH44502 		  PC GENERAL OPERATING SUPPORT 30,000

PHILANTHROPY OHIO

500 S FRONT ST 900
COLUMBUS,OH43215 		  PC GENERAL OPERATING SUPPORT 37,500

POLICY MATTERS OHIO

3631 PERKINS AVE
CLEVELAND,OH44114 		  PC GENERAL OPERATING SUPPORT 111,500

PROTESTANT FAMILY SERVICE

2915 GLENWOOD AVE UNIT 6
YOUNGSTOWN,OH44511 		  PC GENERAL OPERATING SUPPORT 4,333

PROVIDENCE BAPTIST CHURCH

458 MADISON AVE
AKRON,OH44320 		  PC GENERAL OPERATING SUPPORT 12,500

RAGE2BLINDAWARENESS

1769 BURTON STREET SOUTHEAST
WARREN,OH44484 		  PC GENERAL OPERATING SUPPORT 1,500

RESCUE MISSION OF MAHONING VALLEY

1300 MARTIN LUTHER KING JR BLVD
YOUNGSTOWN,OH55510 		  PC GENERAL OPERATING SUPPORT 2,500

SECOND BAPTIST CHURCH

1510 MAIN AVE SW
WARREN,OH44483 		  PC GENERAL OPERATING SUPPORT 3,000

SOCIETY OF ST VINCENT DE PAUL NORTHEAST OHIO DISTRICT COUNCIL INC

2431 NILES RD SE
WARREN,OH44484 		  PC GENERAL OPERATING SUPPORT 2,500

TABERNACLE BAPTIST CHURCH

707 ARLINGTON ST
YOUNGSTOWN,OH44510 		  PC GENERAL OPERATING SUPPORT 3,500

THE LAND CLE

PO BOX 602732
CLEVELAND,OH44102 		  PC GENERAL OPERATING SUPPORT 1,000

THE LEAGUE OF WOMEN VOTERS GREATER YOUNGSTOWN

PO BOX 1375
YOUNGSTOWN,OH44501 		  PC GENERAL OPERATING SUPPORT 5,000

THE SALVATION ARMY - WARREN

270 FRANKLIN ST SE
WARREN,OH44483 		  PC GENERAL OPERATING SUPPORT 1,500

THE YOUNGSTOWN LIFEGUARD ACADEMY

6 WEST FEDERAL STREET 11TH FLOOR
SUITE 1100
YOUNGSTOWN,OH44503 		  PC GENERAL OPERATING SUPPORT 1,000

THRIVE MAHONING VALLEY

436 STRUTHERS COITSVILLE RD
LOWELLVILLE,OH44436 		  PC GENERAL OPERATING SUPPORT 10,000

TOP HAT PRODUCTIONS

130 S BRIDGE ST
STRUTHERS,OH44471 		  PC GENERAL OPERATING SUPPORT 2,500

TRUMBULL COMMUNITY ACTION PROGRAM

1230 PALMYRA ROAD SW
WARREN,OH44485 		  PC GENERAL OPERATING SUPPORT 10,000

TRUMBULL COUNTY HISTORICAL SOCIETY

328 MAHONING AVE NW
WARREN,OH44483 		  PC GENERAL OPERATING SUPPORT 5,000

TRUMBULL COUNTY YOUTH ORGANIZATION

123 N PLEASANT AVE
NILES,OH44446 		  PC GENERAL OPERATING SUPPORT 3,700

TRUMBULL NEIGHBORHOOD PARTNERSHIP

736 MAHONING AVE
WARREN,OH44483 		  PC GENERAL OPERATING SUPPORT 593,585

UNITED RETURNING CITIZENS

611 BELMONT AVENUE
YOUNGSTOWN,OH44502 		  PC GENERAL OPERATING SUPPORT 31,500

VALLEY ECONOMIC DEVELOPMENT PARTNERS INC

4319 BELMONT AVE
YOUNGSTOWN,OH44505 		  PC GENERAL OPERATING SUPPORT 154,000

WALKING IN MY TRUTH INC

6418 MARKET ST
BOARDMAN,OH44512 		  PC GENERAL OPERATING SUPPORT 5,000

WARREN CITY SCHOOLS

105 HIGH STREET NE
WARREN,OH44481 		  PC GENERAL OPERATING SUPPORT 3,590

WARREN FAMILY MISSION

155 TOD AVE NW
WARREN,OH44485 		  PC GENERAL OPERATING SUPPORT 2,500

WARREN GRIDIRON CLUB

P O BOX 1996 VIRGINIA HOLMES
WARREN,OH44482 		  PC GENERAL OPERATING SUPPORT 1,500

WARREN GROWN

2739 PALMYRA ROAD SOUTHWEST
WARREN,OH44481 		  PC GENERAL OPERATING SUPPORT 3,209

WARREN NUTRITION

404 E MARKET STREET
WARREN,OH44481 		  PC GENERAL OPERATING SUPPORT 15

WILL RESPECT INC

953 EAST PHILADELPHIA AVE
YOUNGSTOWN,OH44502 		  PC GENERAL OPERATING SUPPORT 8,000

WYSU-FM

1 TRESSEL WAY MELNICK HALL
YOUNGSTOWN,OH44555 		  PC GENERAL OPERATING SUPPORT 5,000

YMCA

17 NORTH CHAMPION STREET
YOUNGSTOWN,OH44503 		  PC GENERAL OPERATING SUPPORT 2,500

YOUNGSTOWN CITY SCHOOLS DISTRICT

474 BENNINGTON AVE
YOUNGSTOWN,OH44505 		  PC GENERAL OPERATING SUPPORT 81,400

YOUNGSTOWN NEIGHBORHOOD DEVELOPMENT CORP

820 CANFIELD ROAD
YOUNGSTOWN,OH44511 		  PC GENERAL OPERATING SUPPORT 664,925

YOUNGSTOWN PLAYHOUSE(V)

PO BOX 11108
YOUNGSTOWN,OH44511 		  PC GENERAL OPERATING SUPPORT 5,000

YOUNGSTOWN URBAN MINORITY ALCOHOLISM AND DRUG ABUSE OUTREACH PROGRAM INC

1327 FLORENCEDALE AVENUE
YOUNGSTOWN,OH44505 		  PC GENERAL OPERATING SUPPORT 5,000

YWCA MAHONING VALLEY

25 W RAYEN AVE
YOUNGSTOWN,OH44503 		  PC GENERAL OPERATING SUPPORT 15,000
Total .................................right arrow 3a 3,481,669
bApproved for future payment

TRUMBULL NEIGHBORHOOD PARTNERSHIP
736 MAHONING AVE
WARREN,OH44483 		  PC GENERAL OPERATING SUPPORT/NEIGHBORHOOD ORGANIZING/STRATEGIC FELLOWSHIP 600,000

YOUNGSTOWN NEIGHBORHOOD DEVELOPMENT CORP
820 CANFIELD ROAD
YOUNGSTOWN,OH44511 		  PC GENERAL OPERATING SUPPORT/NEIGHBORHOOD ORGANIZING/STRATEGIC FELLOWSHIP 515,000
Total ................................. right arrow 3b 1,115,000
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 1,874,846  
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 2,613,778  
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 4,488,624 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,488,624
(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 AllOthProgRltdInvestmentsSch
Name:
THE RAYMOND JOHN WEAN FOUNDATION
EIN:
34-6505038
Category Amount
NONE 0

TY 2023 DistributionFromCorpusElection
Name:
THE RAYMOND JOHN WEAN FOUNDATION
EIN:
34-6505038
Election:
PURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE ABOVE REFERENCED FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF THE FOLLOWING UNDISTRIBUTED INCOME FROM:TAX YEAR 2006: $352,263TAX YEAR 2007: $274,385TAX YEAR 2008: $633,254TAX YEAR 2009: $571,914TAX YEAR 2010: $492,398TOTAL: $2,324,214

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE RAYMOND JOHN WEAN FOUNDATION
EIN:
34-6505038
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 2,906,589 2,906,589

TY 2023 InvestmentsCorpStockSchedule
Name:
THE RAYMOND JOHN WEAN FOUNDATION
EIN:
34-6505038
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCKS 62,824,429 62,824,429

TY 2023 InvestmentsGovtObligationsSch
Name:
THE RAYMOND JOHN WEAN FOUNDATION
EIN:
34-6505038
US Government Securities - End of Year Book Value:

5,719,156
US Government Securities - End of Year Fair Market Value:

5,719,156
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsOtherSchedule2
Name:
THE RAYMOND JOHN WEAN FOUNDATION
EIN:
34-6505038
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
HEDGE FUNDS FMV 7,246,933 7,246,933

TY 2023 OtherAssetsSchedule
Name:
THE RAYMOND JOHN WEAN FOUNDATION
EIN:
34-6505038
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INCOME 96,360 130,924 130,924


TY 2023 OtherExpensesSchedule
Name:
THE RAYMOND JOHN WEAN FOUNDATION
EIN:
34-6505038
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COMMUNICATIONS 13,540 0   13,540
DUES, MEMBERSHIPS & SUBSCRIPTIONS 64,498 0   64,498
MISCELLANEOUS EXPENSE 23,319 0   23,319
OFFICE SUPPLIES 12,035 0   12,035
CONSULTING 45,357 0   45,357
INSURANCE 8,738 0   8,738
MARKETING/PROMOTIONAL 25,835 0   25,835
FIXED ASSET ADDITIONS 0 0   22,566


TY 2023 OtherIncreasesSchedule
Name:
THE RAYMOND JOHN WEAN FOUNDATION
EIN:
34-6505038
Description Amount
UNREALIZED INVESTMENT GAINS 6,779,229


TY 2023 OtherProfessionalFeesSchedule
Name:
THE RAYMOND JOHN WEAN FOUNDATION
EIN:
34-6505038
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PARTNER & PROVIDER PROFESSIONAL FEES 154,880 0   154,880
OTHER PROFESSIONAL FEES 44,894 0   110,230
TRUSTEE FEES 381,808 381,808   0
ACCOUNTING FEES 65,336 32,668   32,668


TY 2023 TaxesSchedule
Name:
THE RAYMOND JOHN WEAN FOUNDATION
EIN:
34-6505038
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 36,011 0   36,011
EXCISE TAXES 56,631 0   0