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 INSTITUTE FOR TECHNOLOGY IN
HEALTH CARE
Number and street (or P.O. box number if mail is not delivered to street address)1759 Q STREET NW
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC200092407
A Employer identification number

52-1292049
B Telephone number (see instructions)

(202) 667-5041
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$28,132,001J 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) 597,929
2 Check right arrow.............
3 Interest on savings and temporary cash investments 190,306 190,306  
4 Dividends and interest from securities... 459,873 459,873  
5a Gross rents............ 160,130 160,130  
b Net rental income or (loss) 78,747
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
5,180
b Gross sales price for all assets on line 6a 10,204,301
7 Capital gain net income (from Part IV, line 2)... 4,780
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........ 1,413,418 815,089  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
32,890 13,000   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
28,094 17,681   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
46,254 46,254  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,418 709   709
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
163,187 139,780   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 271,843 217,424   709
25 Contributions, gifts, grants paid....... 1,478,770 1,478,770
26 Total expenses and disbursements. Add lines 24 and 25 1,750,613 217,424   1,479,479
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -337,195
b Net investment income (if negative, enter -0-) 597,665
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............. 1,263 128 128
2 Savings and temporary cash investments......... 4,111,698 1,078,181 1,078,181
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.......... 1,173 1,173 1,173
10a Investments—U.S. and state government obligations (attach schedule) 363,374 Click to see attachment
List of Attached Documents:
// Content
2,861,719 		2,874,330
b Investments—corporate stock (attach schedule)....... 15,440,324 Click to see attachment
List of Attached Documents:
// Content
14,672,498 		16,422,387
c Investments—corporate bonds (attach schedule)....... 1,383,891 Click to see attachment
List of Attached Documents:
// Content
2,040,934 		2,057,367
11 Investments—land, buildings, and equipment: basis right arrow3,134,137
Less: accumulated depreciation (attach schedule) right arrow174,397 2,921,857 Click to see attachment
List of Attached Documents:
// Content
2,959,740 		3,134,137
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,839,566 Click to see attachment
List of Attached Documents:
// Content
3,065,871 		2,513,519
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
15,481 		Click to see attachment
List of Attached Documents:
// Content
50,779 		Click to see attachment
List of Attached Documents:
// Content
50,779
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 27,078,627 26,731,023 28,132,001
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
14,191 		Click to see attachment
List of Attached Documents:
// Content
3,782
23 Total liabilities (add lines 17 through 22)......... 14,191 3,782
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 2,034,096 2,034,096
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 25,030,340 24,693,145
29 Total net assets or fund balances (see instructions)..... 27,064,436 26,727,241
30 Total liabilities and net assets/fund balances (see instructions). 27,078,627 26,731,023
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
27,064,436
2
Enter amount from Part I, line 27a .....................
2
-337,195
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
26,727,241
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
26,727,241
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      
b CAPITAL GAINS DIVIDENDS P    
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 10,203,882   10,199,121 4,761
b 19     19
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       4,761
b       19
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 4,780
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 8,308
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 8,308
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 8,308
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 8,552
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 16,552
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 8,244
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow8,244 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 arrowDC
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 .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
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.TECHNOLOGYHEALTHCARE.ORG
14
The books are in care ofright arrowJACQUELINE SCHICK Telephone no.right arrow (202) 667-5041

Located atright arrow1759 Q STREET NWWASHINGTONDC ZIP+4right arrow200092407
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
WILLIAM R AYERS MD PRESIDENT, TREASURER
2.00 		0 0 0
8115 THOREAU DRIVE
BETHESDA,MD20817
GUY HAMMER VICE-PRESIDENT
2.00 		0 0 0
8902 EWING DRIVE
BETHESDA,MD20817
JACQUELINE SCHICK EXEC. DIRECTOR, SECRETARY
2.00 		0 0 0
1759 Q STREET NW
WASHINGTON,DC200092407
ANA LUCIA VALLARDES GALVEZ DIRECTOR
2.00 		0 0 0
1759 Q STREET NW
WASHINGTON,DC200092407
JOHN H DIAMOND DIRECTOR
2.00 		0 0 0
1759 Q STREET NW
WASHINGTON,DC200092407
J DESIREE PINEDA DIRECTOR
2.00 		0 0 0
1759 Q STREET NW
WASHINGTON,DC200092407
RICHARD R SWIFT DIRECTOR
2.00 		0 0 0
4400 SANGAMORE ROAD
BETHESDA,MD20816
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
21,034,201
b
Average of monthly cash balances.......................
1b
3,486,987
c
Fair market value of all other assets (see instructions)................
1c
3,134,137
d
Total (add lines 1a, b, and c).........................
1d
27,655,325
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
27,655,325
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
414,830
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
27,240,495
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,362,025
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
1,362,025
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
8,308
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
8,308
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,353,717
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,353,717
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
1,353,717
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
1,479,479
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
1,479,479
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 1,353,717
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,303,936
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$ 1,479,479
a Applied to 2022, but not more than line 2a 1,303,936
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..... 175,543
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 .......... 		1,178,174
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:
WELLS FARGO PHILANTHROPY
VIA WWWITHCAWARDSORG/APPLY
WASHINGTON,DC20009
(301) 704-1577
JSCHICK@ITHCAWARDS.ORG
bThe form in which applications should be submitted and information and materials they should include:
AVAILABLE AT HTTP://WWW.ITHCAWARDS.ORG/APPLY
cAny submission deadlines:
SEPTEMBER 30 OF EACH YEAR.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE ATTACHED STATEMENT AND HTTP://WWW.ITHCAWARDS.ORG/APPLY
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

CROSSROADS4HOPE

3 CROSSROADS DRIVE
BEDMINSTER,NJ07921 		NONE PUBLIC CHARITY MYGO2SUPPORT "PREVIVOR" TRACK AND TRANSLATIONS 15,000

ESCUELA AGRICOLA PAN-AMERICANA INC (ZAMORANO UNIVERSITY)

1701 PENNSYLVANIA AVE NW 300
WASHINGTON,DC20006 		NONE PUBLIC CHARITY NUTRITION EDUCATION AT DIFFERENT LEVELS: BASIC TO POSTGRADUATE, AS A STRATEGY TO IMPROVE THE HEALTH OF PEOPLE OF THE EAP ZAMORANO AND NEARBY COMMUNITIES, HONDURAS 2023 54,000

FRIENDS OF BARNABAS FOUNDATION

4001 STIGALL DRIVE
MIDLOTHIAN,VA23112 		NONE PUBLIC CHARITY 3RD YEAR SUBSCRIPTION BACKPACK EMR 3,200

IDSA EDUCATION AND RESEARCH FOUNDATION

4040 WILSON BLVD SUITE 300
ARLINGTON,VA22203 		NONE PUBLIC CHARITY UPGRADE IDSA GUIDELINES APPLICATION 50,000

LINDQUIST DENTAL CLINIC FOR CHILDREN

130 131ST STREET SOUTH
TACOMA,WA98444 		NONE PUBLIC CHARITY DENTAL CARE SERVICES TECHNOLOGY IMPROVEMENTS 4,800

MAGIC TOOTH BUS

580 CALIFORNIA STREET SUITE 1616
SAN FRANCISO,CA94104 		NONE PUBLIC CHARITY TRAIN THE TRAINERS LEARNING PORTAL 50,000

MARY'S CENTER FOR MATERNAL AND CHILD

2333 ONTARIO ROAD NW
WASHINGTON,DC200092627 		NONE PUBLIC CHARITY PILOTING PATIENT TEXT PLATFORM TO IMPROVE HEALTH CARE QUALITY 50,000

SERVANT HARTS INC

273 RIFLE WAY
ELIZABETHTOWN,KY427014200 		NONE PUBLIC CHARITY IMPLEMENT ELECTRONIC MEDICAL RECORD SYSTEM 4,500

ST BONAVENTURE UNIVERSITY

3261 W STATE ROAD POB 116
ST BONAVENTURE,NY14778 		NONE PUBLIC CHARITY UPGRADE ANATOMAGE TABLE 105,040

THE CATHOLIC UNIVERSITY OF AMERICA

620 MICHIGAN AVENUE NE
WASHINGTON,DC20064 		NONE PUBLIC CHARITY FUNDING THE CESAR A. CACERES SIMULATION CENTER 1,000,000

THE CATHOLIC UNIVERSITY OF AMERICA CONWAY SCHOOL OF NURSING

620 MICHIGAN AVENUE NE
WASHINGTON,DC20064 		NONE PUBLIC CHARITY TRAINING GRADUATE AND UNDERGRADUATE NURSING STUDENTS TO USE TELEHEALTH TECHNOLOGY USING A MULTI-MODAL APPROACH AMPLIFICATION OF CURRENT AWARD) 50,000

THE CRUDEM FOUNDATION INC

326 SEWALL STREET
LUDLOW,MA01056 		NONE PUBLIC CHARITY PHASE 3 CONVERSION TO THE BAHMNI OPENMRS DISTRO EMR SYSTEM FOR HOSPITAL SACRE COUER 62,230

THE HOPE INSTITUTE OF UGANDA

2176 HIGHWAY 36 W
ROSEVILLE,MN55113 		NONE PUBLIC CHARITY ELECTRONIC MEDICAL RECORDS PROJECT 30,000
Total .................................right arrow 3a 1,478,770
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 190,306  
4 Dividends and interest from securities ....     14 459,873  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 78,747  
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 5,180  
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) .. 0 734,106 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
734,106
(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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THE INSTITUTE FOR TECHNOLOGY IN
HEALTH CARE
Employer identification number

52-1292049
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THE INSTITUTE FOR TECHNOLOGY IN
HEALTH CARE 		Employer identification number
52-1292049
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
THE ESTATE OF DR CESAR CACERES
 
1759 Q STREET NW
 
WASHINGTON, DC200092407

$ 513,792


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
THE ESTATE OF DR CESAR CACERES
 
1759 Q STREET NW
 
WASHINGTON, DC200092407

$ 84,137


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THE INSTITUTE FOR TECHNOLOGY IN
HEALTH CARE 		Employer identification number

52-1292049
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 RENTAL PROPERTY, BARRIO "EL JAZMIN", DISTRITO CENTRAL, FRANCISCO MORAZN $ 84,137  
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
THE INSTITUTE FOR TECHNOLOGY IN
HEALTH CARE 		Employer identification number

52-1292049
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THE INSTITUTE FOR TECHNOLOGY IN
 
HEALTH CARE
EIN:
52-1292049
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL FEES 28,890 9,000   0
ACCOUNTING - 2815 2,000 2,000   0
ACCOUNTING - 1759 2,000 2,000   0

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

TY 2023 DepreciationSchedule
Name:
THE INSTITUTE FOR TECHNOLOGY IN
 
HEALTH CARE
EIN:
52-1292049
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
2815 CORTLAND, BUILDING 2021-07-01 488,481 36,010 SL 39.000000000000 12,525 12,525    
2815 CORTLAND, LAND 2021-07-01 711,519   L   0 0    
1759 Q STREET, BUILDING 2021-07-01 1,249,809 92,133 SL 39.000000000000 32,046 32,046    
1759 Q STREET, LAND 2021-07-01 600,191   L   0 0    
BUILDING 2023-01-01 67,310   SL 40.000000000000 1,683 1,683    
LAND 2023-01-01 16,827   L   0 0    

TY 2023 ExplnOfNonFilingWithAGStmt
Name:
THE INSTITUTE FOR TECHNOLOGY IN
 
HEALTH CARE
EIN:
52-1292049
Statement:
THE DISTRICT OF COLUMBIA NEITHER REQUIRES NOR ACCEPTS COPIES OF FORM 990-PF.

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

TY 2023 GainLossSaleOtherAssetsSch
Name:
THE INSTITUTE FOR TECHNOLOGY IN
 
HEALTH CARE
EIN:
52-1292049
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
ADDITIONAL SALES PROCEEDS   DONATED     400   COST 0 400  

TY 2023 GeneralExplanationAttachment
Name:
THE INSTITUTE FOR TECHNOLOGY IN
 
HEALTH CARE
EIN:
52-1292049
Identifier Return Reference Explanation
GRANT APPLICATION INFORMATION 990-PF, PART XV, LINE 2 PROHIBITION: IN ACCORDANCE WITH INTERNAL REVENUE SERVICE REGULATIONS,ITHC CANOT CONSIDER PROPOSALS THAT INCLUDE LOBBYING ACTIVITIES OR ATTEMPTSIN ANY WAY TO INFLUENCE LEGISLATION AT ANY LEVEL. NOR CAN WE CONSIDER PROPOSALS ONBEHALF OF FOREIGN GOVERNMENT ENTITIES.SUBMIT YOUR PROPOSAL VIA OUR WEBSITE AT WWW.ITHCAWARDS.ORG/APPLYWE HAVE PARTNERED WITH WELLS FARGO PHILANTHROPIC SERVICES TO PROVIDE A PORTAL FOR APPLICANTS TO CREATE, SAVE, AND SUBMIT APPLICATIONS. CLICK THE "APPLY FOR AN AWARD" BUTTON TO REACH THE PORTAL.

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE INSTITUTE FOR TECHNOLOGY IN
 
HEALTH CARE
EIN:
52-1292049
Name of Bond End of Year Book Value End of Year Fair Market Value
AMAZON.COM DUE 8/22/27 95,617 95,977
AMERICAN HONDA FINANCE DUE 6/27/24 97,146 98,526
APPLE INC DUE 2/23/26 97,538 97,567
AT&T INC DUE 6/1/27 91,056 92,819
BANK OF AMERICA CORP DUE 8/26/24 73,829 74,297
BOEING CO DUE 2/4/26 59,783 61,418
CHEVRON CORP DUE 5/11/25 99,234 100,680
COMCAST CORP DUE 3/1/26 86,943 87,368
COSTCO WHOLESALE CORP DUE 5/18/27 100,974 101,103
DOLLAR GENERAL CORP DUE 9/20/24 49,647 49,449
GOLDMAN SACHS GROUP DUE 11/1/24 90,543 90,214
HOME DEPOT INC DUE 9/15/26 84,064 84,617
HONEYWELL INTERNATIONAL DUE 6/1/25 94,088 95,465
INTEL CORP DUE 7/29/25 98,047 98,412
JOHN DEERE CAPITAL CORP DUE 3/6/28 87,945 89,243
JPMORGAN CHASE DUE 9/10/24 98,244 98,886
MASTERCARD INC DUE 3/26/27 96,492 96,972
METLIFE INC. DUE 3/1/25 96,914 97,817
NORTHERN TRUST CORP DUE 10/30/25 49,024 49,130
NORTHROP GRUMMAN CORP DUE 1/15/28 94,605 95,558
PEPSICO INC DUE 10/15/27 109,790 110,440
VERIZON COMMUNICATIONS DUE 8/15/26 94,084 95,247
3M COMPANY DUE 2/14/25 95,327 96,162

TY 2023 InvestmentsCorpStockSchedule
Name:
THE INSTITUTE FOR TECHNOLOGY IN
 
HEALTH CARE
EIN:
52-1292049
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABS 49,856 56,466
ACUITY BRANDS (HOLDING COMPANY) INC 22,252 25,809
ACUSHNET HOLDINGS CORP 58,796 88,059
ADYEN NV. 27,036 21,870
ALA GROUP LTD-SP 30,064 27,493
AIR LIQUIDE - ADR 17,028 21,384
ALCON, INC. 23,646 25,545
ALFA LAVAL AB 18,365 26,987
ALLIANZ SE 56,670 72,997
ALLISON TRANSMISSION HOLDINGS 26,271 34,948
AMBEVSA 18,297 17,410
AMGEN 81,944 102,247
ARTISAN PARTNERS 39,620 50,895
ASPEN TECHNOLOGY INC 30,079 35,664
ASSA ABLOY AB 15,832 20,261
ATLAS COPCO AS 19,851 32,699
ATRION CORP 17,950 10,606
BANCFIRST CORP 30,993 36,985
BANCO B1LBAO VIZCAYA ARGENT- ADR 21,448 35,866
BHP GROUP LTD 43,039 46,792
BIONTECH SE 20,257 22,797
CANADIAN NATL RR CO COM 17,071 18,970
CAPITAL ONE FINANCIAL CORP 39,767 47,597
CENCORA INC 89,249 124,666
CHEVRON CORPORATION 62,911 81,740
CHUGAI PHARMACEUTICAL CO LTD 41,611 57,624
CINTAS CORP 42,649 59,061
CLEARWATER ANALYTICS HLDGS INC 30,510 36,034
COCA COLA CO 88,935 81,854
CONAGRA BRANDS INC 75,339 59,269
CORVEL CORP 50,684 82,074
CREDICORP LTD 12,745 13,644
CVS HEALTH CORPORATION 116,163 100,279
DAIFUKU CO., LTD. 15,113 15,453
DASSAULT SYSTEM ES S.A. - ADR 43,837 52,942
DBS GROUP HOLDINGS LIMITED - ADR 57,982 64,098
DOLLAR GENERAL CORP 209,843 143,563
DONALDSON CO INC 16,218 21,304
EBAY INC 58,538 54,918
ECOLAB INC 40,183 45,422
EMCOR GROUP INC COM 62,441 131,412
ENN ENERGY HOLDINGS LTD 22,748 11,915
EPIROC AKTIEBOLAG 24,297 26,787
EXELIXIS INC 32,586 39,488
FACTSET RESEARCH 34,836 55,815
FIRST CITIZENS BANCSHARES 20,394 19,866
FIRST HAWAIIAN INC 56,610 53,127
FTI CONSULTING INC COM 98,885 117,499
FOMENTO ECONOMICO MEXICANO S.A.B. DE 34,949 58,527
FORTINET INC 38,025 70,737
GENMAB A/S 24,881 20,887
GENTEX CORP 32,896 38,506
GLOBAL PMTS INC W/T 78,122 85,598
GQG PARTNERS EMERGING MARKETS EQUITY 1,100,000 1,289,732
GRACO INC 48,792 70,449
GRAINGER W W INC 69,263 116,845
HAIER SMART HOME CO LTD ADR 51,738 44,563
HALEON PLC ADR 35,200 35,191
HENRY JACK & ASSOC INC COM 26,726 24,838
HDFCBANKLTD.-ADR 23,824 28,455
ICICI BANK LTD. - ADR 15,169 19,430
INFINEON TECHNOLOGIES AG - ADR 58,403 74,116
ISHARES CORE MSCI EAFE ETF 2,079,195 2,158,268
JOHNSON & JOHNSON 79,346 95,298
KADANT INC 52,685 64,752
KFORCE INC. 24,241 26,551
KOMATSU LIMITED - ADR 20,069 21,391
LAM RESEARCH CORP COM 27,297 47,779
LANDSTAR SYS INC COM 58,189 73,393
LCI INDUSTRIES 41,137 43,999
LIBERTY SIRIUSXM GROUP 21,627 27,629
LOREAL - ADR 42,857 56,763
LOWES COMPANIES 92,609 131,305
MANHATTAN ASSOCIATES, INC COM 53,957 97,540
MANULIFE FINANCIAL CORP 35,287 43,537
MARSH & MCLENNAN COS INC 73,237 88,293
MEDTRONIC PLC 97,535 86,417
MICROCHIP TECHNOLOGY INC COM 99,817 132,655
MOELIS & CO 47,246 64,269
MONDELEZ INTERNATIONAL INC 97,805 104,661
NESTLE S.A. REGISTERED SHARES - ADR 23,154 21,854
NEW LINDE PLC 12,814 25,053
NIKE INC 93,284 96,302
NIROTI HOLDINGS CO., LTD. 11,112 14,843
NOVOZYMES A/S UNSPONS 15,232 14,495
NVIDIA CORP 9,445 39,122
OREILLY AUTOMOTIVE INC 33,386 42,754
PARKER HANNIFIN CORP 38,007 57,588
PERRIGO CO PLC 56,466 51,971
PHILIP MORRIS INTERNATIONAL 78,194 71,124
PING AN INSURANCE (GROUP) COMPANY 10,135 7,649
PRIMERICA INC 57,644 97,119
PT TELEKOMUNIKASI INDONESIA TB - ADR 22,819 20,041
RBC BEARINGS INC 36,498 65,810
RIGHTMOVE PLC 50,648 54,846
RIO TINTO PLC - ADR 30,298 34,028
RLI CORP COM 33,910 38,339
ROCHE HOLDINGS LTD - ADR 33,415 30,252
ROSS STORES INC 137,812 207,585
ROYAL DUTCH SHELL PLC ADR 31,365 35,466
SAP SE 34,876 49,933
SCHNEIDER ELECTRIC SE. 25,562 38,701
SERVICE CORP INTL 67,853 67,355
SHIMANO INC 11,132 10,825
SHIONOGI & CO., LTD. 20,414 19,071
SHISEIDO CO., LTD. - ADR 14,982 10,574
SIMPSON MFG INC COM 76,131 152,841
SONOVA HOLDING AG 18,943 19,140
SONY GROUP CORP 39,436 41,380
STARBUCKS CORP COM 30,747 33,123
STATE STREET CORP 76,179 86,058
SYMRISE AG 22,177 23,108
SYNCHRONY FINANCIAL 40,777 45,255
SYSCO CORP 126,639 112,986
SYSMEX CORPORATION 13,674 11,604
TAIWAN SEMICONDUCTOR MANUFACTU - ADR 57,503 64,584
TENCENT HOLDIGNS LIMITED 21,095 17,761
TERADYNE INC 42,652 45,687
THERMO FISHER SCIENTIFIC INC 101,088 102,442
TORO CO 64,836 77,944
UFP INDUSTRIES INC 55,495 70,685
UNI CHARM CORPORATION 20,066 20,887
UNION PACIFIC CORP 19,176 19,895
UNITED PARCEL SERVICE-CL B 97,701 86,005
UNITED HEALTH GROUP 79,108 116,350
US BANCORP 88,005 86,950
WALT DISNEY CO 87,210 80,539
WATERS CORP 39,180 39,508
WATTS WATER TECHNOLOGIES 1NC 45,907 74,586
XPINC 10,216 13,713
ZEBRA TECHNOLOGIES CORP CL A 59,574 51,386
ISHARES CORE S & P 500 ETF 2,342,840 2,641,772
EDGEWOOD GROWTH INSTL #2131 1,647,888 1,742,467
VANGUARD INDEX FD ETF 1,544,235 1,548,456

TY 2023 InvestmentsGovtObligationsSch
Name:
THE INSTITUTE FOR TECHNOLOGY IN
 
HEALTH CARE
EIN:
52-1292049
US Government Securities - End of Year Book Value:

2,861,719
US Government Securities - End of Year Fair Market Value:

2,874,330
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsLandSchedule2
Name:
THE INSTITUTE FOR TECHNOLOGY IN
 
HEALTH CARE
EIN:
52-1292049
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
2815 CORTLAND, BUILDING 488,481 48,535 439,946  
2815 CORTLAND, LAND 711,519 0 711,519  
1759 Q STREET, BUILDING 1,249,809 124,179 1,125,630  
1759 Q STREET, LAND 600,191 0 600,191  
BUILDING 67,310 1,683 65,627  
LAND 16,827 0 16,827  

TY 2023 InvestmentsOtherSchedule2
Name:
THE INSTITUTE FOR TECHNOLOGY IN
 
HEALTH CARE
EIN:
52-1292049
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ABERDEEN BLOOMBERG ALL COMMODITY AT COST 1,347,184 949,782
GOLDMAN SACHS TR FINL SQUARE PRIME OBLIGS AT COST 895,402 895,413
COHEN & STEERS PREF SECURITIES AND INCOME FUND AT COST 823,285 668,324

TY 2023 OtherAssetsSchedule
Name:
THE INSTITUTE FOR TECHNOLOGY IN
 
HEALTH CARE
EIN:
52-1292049
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
REAL ESTATE TAX RESERVES 7,460 6,817 6,817
DUE FROM MANAGEMENT COMPANY 7,600 43,962 43,962
DISTRIBUTION RECEIVABLE 121   0
ESCROW RECEIVABLE 300   0


TY 2023 OtherExpensesSchedule
Name:
THE INSTITUTE FOR TECHNOLOGY IN
 
HEALTH CARE
EIN:
52-1292049
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 1,704 0   0
MISCELLANEOUS, OFFICE AND POSTAGE 21,203 0   0
INVESTMENT EXPENSE 121,463 121,463   0
PENALTY 500 0   0
INSURANCE - 2815 1,277 1,277   0
MAINTENANCE/REPAIR - 2815 1,153 1,153   0
MANAGEMENT FEE - 2815 3,845 3,845   0
MISCELLANEOUS - 2815 150 150   0
UTILITIES - 2815 91 91   0
INSURANCE - 1759 5,493 5,493   0
MAINTENANCE/REPAIR - 1759 4,493 4,493   0
REPAIRS 1,815 1,815   0


TY 2023 OtherLiabilitiesSchedule
Name:
THE INSTITUTE FOR TECHNOLOGY IN
 
HEALTH CARE
EIN:
52-1292049
Description Beginning of Year - Book Value End of Year - Book Value
DUE TO MANAGEMENT COMPANY 14,191 3,782


TY 2023 TaxesSchedule
Name:
THE INSTITUTE FOR TECHNOLOGY IN
 
HEALTH CARE
EIN:
52-1292049
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 10,000 0   0
FOREIGN TAX 4,869 4,869   0
LICENSE 413 0   0
RE TAX - 2815 9,434 9,434   0
RE TAX - 1759 0 0   0
TAX 3,378 3,378   0