TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023

Name of foundation
JHC Foundation

% Foundation Source

Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377

A Employer identification number

82-4058364

B Telephone number (see instructions)

(800) 839-1754

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$133,972,068J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	0
2	Check .............
3	Interest on savings and temporary cash investments	180,270		180,270
4	Dividends and interest from securities...	2,079,546		2,079,546
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		3,914,407
b	Gross sales price for all assets on line 6a 34,319,589
7	Capital gain net income (from Part IV, line 2)...			3,914,407
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).......	List of Attached Documents: // Content	2,169	2,157
12	Total. Add lines 1 through 11........	6,176,392		6,176,380
13	Compensation of officers, directors, trustees, etc.	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	336,117	336,117
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	78,207	1,007
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	145,126	52,630	80,060
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	559,450		389,754	80,060
25	Contributions, gifts, grants paid.......	6,570,000			6,570,000
26	Total expenses and disbursements. Add lines 24 and 25	7,129,450		389,754	6,650,060
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-953,058
b	Net investment income (if negative, enter -0-)			5,786,626
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2023)

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	2,864,049	6,230,783	6,230,783
	3	Accounts receivable 6,814
		Less: allowance for doubtful accounts	4,273	6,814	6,814
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	7,883,021	List of Attached Documents: // Content 9,024,907	8,898,963
	b	Investments—corporate stock (attach schedule).......	73,968,651	List of Attached Documents: // Content 66,303,542	80,926,924
	c	Investments—corporate bonds (attach schedule).......	6,865,127	List of Attached Documents: // Content 16,804,487	16,629,750
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	24,041,455	List of Attached Documents: // Content 16,302,985	21,278,834
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	115,626,576	114,673,518	133,972,068
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	115,626,576	114,673,518
	29	Total net assets or fund balances (see instructions).....	115,626,576	114,673,518
	30	Total liabilities and net assets/fund balances (see instructions).	115,626,576	114,673,518

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

115,626,576

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

-953,058

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

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

114,673,518

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

114,673,518

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	Passthrough K1 Capital Gain/(Loss)
c	BLACKSTONE REAL ESTATE INCOME TRUST, INC CL S	P	2018-10-29	2023-08-03
d	BLACKSTONE REAL ESTATE INCOME TRUST, INC CL S	P	2018-10-29	2023-09-06
e	BLACKSTONE REAL ESTATE INCOME TRUST, INC CL S	P	2018-10-29	2023-10-04
	BLACKSTONE REAL ESTATE INCOME TRUST, INC CL S	P	2018-10-29	2023-12-05
	STARWOOD REAL ESTATE INCOME TR, INC	P	2018-12-21	2023-08-04
	STARWOOD REAL ESTATE INCOME TR, INC	P	2018-12-21	2023-09-07
	STARWOOD REAL ESTATE INCOME TR, INC	P	2019-12-26	2023-10-06
	STARWOOD REAL ESTATE INCOME TR, INC	P	2019-12-26	2023-12-07

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	23,680,003	22,093,972	1,586,031
b			39,862
c	1,392,283	1,029,380	362,903
d	1,138,087	834,216	303,871
e	452,669	330,000	122,669
	732,878	544,601	188,277
	4,125,475	3,280,246	845,229
	1,711,038	1,398,712	312,326
	506,534	430,387	76,147
	580,622	503,530	77,092

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			1,586,031
b
c			362,903
d			303,871
e			122,669
			188,277
			845,229
			312,326
			76,147
			77,092

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	3,914,407
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	80,434
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	80,434
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	80,434
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	70,059
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	12,400
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	82,459
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,025
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax2,025	Refunded	11

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ (2) On foundation managers. right arrow

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

The books are in care of right arrow

Foundation Source Telephone no. right arrow

(800) 839-1754

Located at right arrow

55 WALLS DRIVE FL 3FairfieldCT ZIP+4 right arrow

06824

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow

Form 990-PF (2023)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2023? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2023?....................

If "Yes," list the years right arrow

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2023.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
Kate Mininger	Dir, Sec 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir, Sec 1.0	0	0	0
Susan Rupp	Dir, VP 10.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir, VP 10.0	0	0	0
Elizabeth Warehime	Dir, Treas 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir, Treas 1.0	0	0	0
Patricia Warehime	Dir, Pres 10.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir, Pres 10.0	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances










Total number of other employees paid over $50,000...................

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
The CWS Group	Investment MGMT	336,117
1201 Wills Street Ste 700 BALTIMORE,MD21231	Investment MGMT	336,117
Foundation Source	Administrative	80,000
55 Walls Drive 3rd Fl Fairfield,CT06824	Administrative	80,000

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

99,159,282

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

5,847,019

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

28,011,328

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

133,017,629

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

133,017,629

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

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

1,995,264

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

131,022,365

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

6,551,118

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part IX, line 6..................

6,551,118

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

80,434

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

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

80,434

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

6,470,684

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

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

6,470,684

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

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

6,470,684

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

6,650,060

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

6,650,060

Form 990-PF (2023)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7				6,470,684
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......			6,387,547
b Total for prior years:20 , 20, 20
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 ........
4Qualifying distributions for 2023 from Part
XI, line 4: $ 6,650,060
a Applied to 2022, but not more than line 2a			6,387,547
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2023 distributable amount.....				262,513
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2023.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........				6,208,171
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...
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....	0

Form 990-PF (2023)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2023	(b) 2022	(c) 2021	(d) 2020	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

Kate Mininger

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2023)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
DELONE CATHOLIC HIGH SCHOOL 140 S OXFORD AVE MCSHERRYSTOWN,PA17344	N/A	PC	General & Unrestricted	650,000
DIOCESE OF HARRISBURG 4800 UNION DEPOSIT RD HARRISBURG,PA17111	N/A	PC	St. Teresa of Calcutta Catholic School at 316 North Street, McSherrystown, PA 17344	325,000
FOOD CONNECT CO 2407 GRAYS AVE PHILADELPHIA,PA19146	N/A	PC	General & Unrestricted	500,000
FOOD FIX CAMPAIGN INC 55 E MONROE ST STE 1460 CHICAGO,IL60603	N/A	PC	General & Unrestricted	1,500,000
HANOVER AREA COUNCIL OF CHURCHES PO BOX 1561 HANOVER,PA17331	N/A	PC	General & Unrestricted	400,000
HOPE PARTNERSHIP FOR EDUCATION PO BOX 18718 PHILADELPHIA,PA19132	N/A	PC	General & Unrestricted	500,000
NORTHEASTERN PENNSYLVANIA EDUCATIONAL TELEVISION A 100 WVIA WAY PITTSTON,PA18640	N/A	PC	General & Unrestricted	10,000
RODALE INSTITUTE 611 SIEGFRIEDALE RD KUTZTOWN,PA19530	N/A	PC	General & Unrestricted	1,500,000
SUSAN P BYRNES HEALTH EDUCATION CENTER INC 515 SOUTH GEORGE ST YORK,PA17401	N/A	PC	General & Unrestricted	10,000
THE NATURE CONSERVANCY 555 E NORTH LANE STE 6030 CONSHOHOCKEN,PA19428	N/A	PC	Conservation Program Support; Chesapeake Bay, PA-Land Protection, PADE	175,000
WASHINGTON COLLEGE 300 WASHINGTON AVE CHESTERTOWN,MD21620	N/A	PC	to secure five teacher-scholars that are integral to the Department of Business Management at Washington College, provide for expenses associated with achieving and maintaining AACSB accreditation, and undertake an architectural study and program design to repurpose Daly Hall as an appropriately configured and dedicated academic home for the Washington College Business Department	1,000,000
Total ................................. 3a				6,570,000

bApproved for future payment

Total ................................. 3b

Form 990-PF (2023)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	180,270
4 Dividends and interest from securities ....			14	2,079,546
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	3,914,407
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aK-1 Inc/Loss	525990	12	14	2,157
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		12		6,176,380

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

6,176,392

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2023)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

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

TY 2023 DepreciationSchedule

Name:

JHC Foundation

EIN:

82-4058364

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

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

JHC Foundation

EIN:

82-4058364

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC - 3.200% - 11/21/20	190,852	159,112
ALEXANDRIA REAL ESTATE - 4.900	88,411	70,201
AMERICAN ELEC PWR INC - 1.000%	170,689	157,828
AMERICAN TOWER CORP - 1.600% -	18,037	16,642
AMERICAN TOWER CORP - 3.125% -	70,023	61,474
AMGEN INC - 2.200% - 02/21/202	164,655	144,221
ASTRAZENECA FINANCE LLC NOTE -	149,991	153,063
BANK OF AMERICA - 4.271% - 07/	267,913	227,161
BANK OF NOVA SCOTIA - 3.450% -	245,878	239,743
BHP BILLITON FIN - 4.750% - 02	149,745	151,677
BNY MELLONC ORP SER J - 4.410%	99,054	98,957
BOSTON PPTYS - 3.800% - 02/01/	67,022	64,877
CARRIER GLOBAL CORPORATION SER	63,132	65,638
CITI DUAL DIRECTIONAL TRIG MI	1,100,000	1,098,790
CITI DUAL DIRECTIONAL TRIG NDX	1,130,001	1,197,236
CITIGROUP GLOBAL MKTS HLDGS IN	1,100,000	1,100,000
CITIGROUP INC - 3.200% - 10/21	194,317	200,401
CVS CAREMARK CORP NOTE - 4.300	177,321	147,630
DTE ENERGY CO - 1.050% - 06/01	145,563	136,650
ENBRIDGE INC - 4.250% - 12/01/	85,058	74,024
EQUINIX INC NOTE CALL MAKE WHO	89,369	78,173
EVERSOURCE ENERGY - 1.650% - 0	170,305	146,231
FIFTH THIRD BANCORP NOTE CALL	138,018	142,224
GS FIN CORP SER F MTN ZERO CPN	1,100,000	1,134,980
INTEL - 3.750% - 08/05/2027	233,156	228,397
JOHN DEER CAPITAL - 4.700% - 0	223,783	228,710
JP MORGAN CHASE - 0.000%-10/03	1,060,000	1,098,372
JP MORGAN CHASE - 0.000%-10/31	1,080,000	1,086,048
JP MORGAN CHASE BANKNA NOTE -	267,704	225,473
JPM CHASE FINL CO - 0.000% - 0	1,100,000	1,133,110
JPM DUAL DIRECTIONAL TRIGGER P	1,000,000	1,046,400
JPMORGAN CHASE - 0.000% - 11/2	1,100,001	1,125,410
LINCOLN NATL CORP - 3.050% - 0	86,606	70,764
MEDTRONIC GLOBAL HLDGS S C A N	144,156	144,531
MORGAN STANLEY SER I MTN - 6.3	142,961	145,830
NATIONAL RURAL - 4.450% - 03/1	101,064	99,817
NEXTERA ENERGY - 3.550% - 05/0	161,440	139,706
NORTHROP GRUMMAN CORP - 3.250%	170,431	162,518
OSWEGO ILL - 1.600% - 12/15/20	275,000	241,678
PNC FINL - 5.812% - 06/12/2026	148,851	150,925
PROGRESSIVE CORP NOTE - 3.000%	150,416	151,928
PROLOGIS LP - 1.250% - 10/15/2	171,906	141,638
PUBLIC SVC ELEC & GASCO SER P	50,161	50,949
ROYAL BK - 6.000% - 11/01/2027	144,572	146,777
SEMPRA ENERGY NOTE 3.4% 02/01/	172,775	152,618
SIMON PPTY GROUP LP - 2.000% -	135,005	131,921
STARBUCKS CORP NOTE - 4.750% -	99,026	100,416
TORONTO DOMINION BANK - 0.750%	271,209	254,137
TOTAL CAPITAL - 3.455% - 02/19	119,869	115,844
UNITED STATES TREAS SER AA-202	335,753	333,028
UNITEDHEALTH GROUP INC - 3.850	156,388	156,617
VERIZON COMMUNICATIONS INC - 1	171,925	147,843
WASTE MGMT INC - 4.875% - 02/1	159,117	158,391
WILLIS NORTH AMER - 5.350% - 0	73,390	75,828
XCEL ENERGY INC - 4.000% - 06/	122,468	117,193

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

JHC Foundation

EIN:

82-4058364

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABS	160,619	146,833
ABBVIE INC	230,757	307,615
ACCENTURE PLC	112,403	195,808
ADOBE SYSTEMS, INC	252,796	378,244
AGILENT TECHNOLOGIES INC	114,388	130,410
AIA GROUP LTD ADR	170,113	127,100
ALIBABA GROUP HOLDING LTD	448,867	186,024
ALLEGION PLC	192,536	237,797
ALPHABET INC CL A	272,633	600,527
AMAZON COM	550,913	780,060
AMEREN CORPORATION	72,575	70,604
AMERICAN ELECTRIC POWER INC	99,199	90,560
AMERICAN TOWER REIT INC	484,677	493,286
ANALOG DEVICES INC	451,529	561,528
ANSYS INC	226,827	333,850
ASPEN TECHNOLOGY INC COM	241,965	272,766
AT&T, INC	145,064	165,333
ATLASSIAN CORP CL A	231,197	317,305
AUTOMATIC DATA PROCESSING INC	89,175	119,747
AVALONBAY CMNTYS INC	81,219	74,326
AVERY DENNISON CORP	78,386	91,781
BANK NEW YORK MELLON CORP COM	98,888	110,762
BANK OF AMERICA CORP	171,808	171,448
BC INDUSTRIAL REIT IV	5,526,402	6,763,236
BECTON DICKINSON & CO	175,408	169,950
BENTLEY SYSTEMS INC CL B	302,813	419,892
BERKLEY W R CP	155,180	280,051
BLACKROCK INC	109,056	156,677
BOOZ ALLEN HAMILTON HOLDING CO	50,470	69,839
BRIGHT HORIZONS FAMILY SOLUTIO	259,843	194,134
BRISTOL-MYERS SQUIBB CO	132,210	106,673
BROADCOM INC	146,704	333,759
CADENCE DESIGN SYSTEMS INC	199,470	370,968
CAPITEC BANK HLDGS	36,423	54,698
CHARLES RIV LABORATORIES INTL	174,936	294,554
CHEMED CORP	173,198	223,375
CHEVRON CORP	239,014	308,314
CHINA MERCHANTS BANK	164,166	76,254
CHIPOTLE MEX GRILL	237,277	365,914
CHOICE HOTELS INTERNATIONAL IN	191,656	178,901
CHUBB LIMITED	132,791	228,260
CISCO SYSTEMS INC	240,471	291,096
CITI DUAL DIRECTIONAL TRIG MXE	1,000,000	1,038,000
CITI DUAL DIRECTIONAL TRIG ND	1,000,000	1,212,000
CITI DUAL DIRECTIONAL TRIG SP	1,000,000	1,130,000
CITI ENHANCED TRIGGER JUMP SPX	1,000,000	1,098,000
CME GROUP, INC	163,701	185,539
CMS ENERGY CP	56,807	57,664
COMCAST CORP	286,565	331,594
CONOCOPHILLIPS	69,154	116,766
COOPER COMPANIES INC	292,950	354,977
COSAN ADR REPRESENTING	157,464	123,291
CREDICORP LTD	49,821	56,374
CUMMINS INC	96,259	94,151
DANAHER CORP	351,905	518,664
DOLBY LABORATORIES	216,460	254,662
DTE ENERGY CO COM	46,493	49,286
DYNATRACE	307,260	347,500
EATON CORP PLC	110,784	196,991
ECOLAB INC	289,821	297,723
EDWARDS LIFESCIENCES	384,524	351,131
ELEVANCE HEALTH INC	182,155	171,648
ENTERGY CORP	102,237	91,577
EOG RESOURCES INC	119,157	195,818
EPAM SYSTEMS INC	79,295	44,006
EQUIFAX INC	183,404	307,134
EVERSOURCE ENERGYINC	73,540	52,956
EXPONENT, INC	212,156	217,547
EXXON MOBIL CORP	245,439	321,136
FAIR ISSAC & CO INC	60,320	218,834
FORTIVE CORPORATION	325,951	345,693
GALLAGHER ARTHUR J & CO	183,556	174,732
GARTNER INC	278,519	369,910
GENERAL MILLS INC	60,895	60,971
GENUINE PARTS COMPANY	77,155	65,511
GLOBANT SA	112,495	141,360
GRUPO FIN ADR	91,742	127,784
GS DUAL DIRECTIONAL TRIGGER PL	1,000,000	1,100,000
HDFC BANK LTD ADR	246,021	235,153
HENRY JACK & ASSOC INC	260,354	259,658
HOME DEPOT INC	296,018	351,748
HONEYWELL INTL	205,608	235,714
ICICI BK LTD ADS	145,106	184,593
IDEXX CORP	336,388	380,209
ILLINOIS TOOL WORKS	92,301	97,704
INTERACTIVE BROKERS GROUP, INC	132,157	200,038
INTERNATIONAL BUSINESS MACHINE	183,020	236,984
INTUIT	484,803	736,285
ISHARES MSCI KLD 400 SOCIAL IN	1,083,684	1,538,836
ISHARES TRUST ISHARES MSCI EAF	13,800,805	14,574,689
JD.COM, INC	138,159	54,371
JOHNSON & JOHNSON	377,125	393,417
JP MORGAN CHASE	405,038	538,707
JPM DUAL DIRECT TRIG PART NOTE	1,000,000	1,214,000
JPM DUAL DIRECTIONAL TRIGGER P	1,000,000	1,081,000
KLA TENCOR CORP	126,757	240,658
LAM RESEARCH CORP	144,498	225,579
LCI INDUSTRIES	82,564	87,243
LENNOX INTL INC	155,567	354,436
LINDE PLC COM	133,431	189,748
LOCKHEED MARTIN CORP	108,277	148,209
LPL FINANCIAL HOLDINGS INC	179,914	290,443
MARSH AND MCLENNAN COMPANIES I	124,079	231,532
MARTIN CURRIE SMA-SHARES SERIE	3,357,433	2,771,232
MARVELL TECHNOLOGY, INC	299,092	370,303
MCDONALD'S CORP	169,891	235,725
MEDTRONIC PLC	155,143	139,469
MEITUAN DIANPING UNSPONSORED A	258,722	83,998
MERCK & CO INC	186,003	263,283
MICROCHIP TECHNOLOGY INC	143,959	192,354
MICROSOFT CORP	531,334	1,480,469
MINTH GROUP UNSPONSORED ADR RE	92,458	43,730
MONDELEZ INTERNATIONAL INC	137,696	168,617
MONOLITHIC POWER SYSTEMS, INC	267,581	443,438
MORGAN STANLEY	183,739	176,989
MORGAN STANLEY T-GEARS 4/28/20	4,000,000	7,492,401
MSCI INC	307,249	406,702
NEXTERA ENERGY, INC	56,774	64,810
NIKE INC-CL B	420,080	394,109
NORDSON CP	192,207	347,370
NORTHROP GRUMMAN CORP	146,616	188,192
NVIDIA CORP	272,812	831,474
PACKAGING CORP AMER	41,965	51,317
PARKER HANNIFIN CP	147,112	260,756
PEPSICO INC	104,215	126,191
PHILIP MORRIS INTL	145,258	148,082
PING AN INSURANCE GROUP ADR	178,648	92,464
PNC FINANCIAL GROUP INC	170,895	163,831
POOL CORP	211,514	394,723
PPG INDUSTRIES INC	136,023	142,820
PROCTER GAMBLE CO	235,338	298,209
PROLOGIS	69,809	78,380
PT BANK NEGARA INDONESIA	54,059	59,525
PT BANK RAKYAT ADR	98,738	127,306
PT TELEKOM. IND. TBK ADR	59,342	68,547
PUBLIC STORAGE INC	70,800	75,335
ROLLINS INC	163,246	254,989
SAIA, INC	145,153	234,886
SCOTTS CO. CLASS A	306,266	169,575
SERVICE NOW	442,776	575,083
SITEONE LANDSCAPE SUPPLY INC	105,235	229,613
SOUTHERN CO	109,121	111,210
TAIWAN SEMICONDUCTOR MFG CO LT	637,912	601,120
TELEDYNE TECH INC	233,681	232,071
TENCENT HOLDINGS LIMITED	584,312	331,192
TERADYNE INC	175,240	286,927
TEXAS INSTRUMENTS INC	98,110	120,345
THE BLACKSTONE GROUP INC CL A	377,497	469,086
THE COCA-COLA CO	175,236	185,983
THERMO FISHER SCIENTIFIC INC	233,586	412,955
THOR INDS INC	96,770	231,888
TRANE TECHNOLOGIES PLC	100,644	157,316
UBER	297,374	400,759
UDEMY, INC.	300	442
UNION PACIFIC	237,500	312,674
UNITED PARCEL SERVICE	216,422	195,122
UNITEDHEALTH GROUP INC	497,791	814,450
VALERO ENERGY CORP	86,751	139,100
VERALTO CORPORATION	157,699	187,635
VERISK ANALYTICS, INC	287,566	358,768
VISA INC	612,811	881,545
WAL-MART DE MEX V SP/ADR	92,285	104,706
WAL-MART STORES INC	231,952	254,920
WASTE MANAGEMENT INC	80,724	123,221
WATSCO INC	220,335	307,213
WEC ENERGY GROUP, INC	81,252	80,214
WEG SA BRAZIL SPONSORED ADR	101,036	134,715
WELLS FARGO & CO	164,653	178,078
WEST PHARMA SVCS INC	273,955	334,162
WUXI BIOLOGICS INC ADR	124,908	55,160
XINYI SOLAR HOLDINGS ADR	82,990	27,984
ZEBRA TECHNOLOGIES CORP	191,317	250,097
ZURN WATER SOLUTIONS	240,951	247,426

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

JHC Foundation

EIN:

82-4058364

US Government Securities - End of Year Book Value:

6,605,697

US Government Securities - End of Year Fair Market Value:

6,565,384

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

2,419,210

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

2,333,579

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

JHC Foundation

EIN:

82-4058364

Category/ Item	Book Value	End of Year Fair Market Value
BLACKSTONE REAL ESTATE INCOME	3,477,574	4,225,754
GRAHAM ABSOLUTE RETURN LTD	4,000,000	5,631,588
INSIGHT PARTNERS (CAYMAN) XI L	2,746,161	4,336,076
PE PREMIER OAKTREE OPPORTUNITI	30,000	26,883
PE PREMIER TIGER GLOBAL PRIVAT	897,200	583,118
PE PREMIER VISTA EQUITY PARTNE	372,632	440,317
SEG PARTNERS OFFSHORE. LTD	2,950,000	2,838,869
STARWOOD REAL ESTATE INCOME TR	553,778	487,836
STEPSTONE VC SECONDARIES FUND	0	0
STRATEGIC PARTNERS OFFSHORE VI	1,275,640	2,708,393

- TIN:

TY 2023 OtherExpensesSchedule

Name:

JHC Foundation

EIN:

82-4058364

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Administrative Fees	80,000		80,000
Bank Charges	2,681	2,681
K-1 Exp INSIGHT PARTNERS (CAYM	62,385	49,949
Postage/Delivery Service	35		35
State or Local Filing Fees	25		25

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

JHC Foundation

EIN:

82-4058364

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
K-1 Inc/Loss INSIGHT PARTNERS (CAYMAN) XI LP	2,169	2,157

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

JHC Foundation

EIN:

82-4058364

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment Management Services	336,117	336,117

- TIN:

TY 2023 TaxesSchedule

Name:

JHC Foundation

EIN:

82-4058364

Category	Amount	Net Investment Income
990-PF Estimated Tax for 2023	66,700
990-PF Extension for 2022	10,500
Foreign Tax Paid	1,007	1,007