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
PANNONIA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)CO CFG CPA 48 S FRANKLIN TPKE 30
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RAMSEY, NJ07446
A Employer identification number

13-4112882
B Telephone number (see instructions)

(201) 661-6600
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$25,683,362J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 514,640 514,640  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -78,214
b Gross sales price for all assets on line 6a 1,952,715
7 Capital gain net income (from Part IV, line 2)... 0
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)....... Click to see attachment
List of Attached Documents:
// Content
22,951 0  
12 Total. Add lines 1 through 11........ 459,377 514,640  
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)......... Click to see attachment
List of Attached Documents:
// Content
1,344 0   1,344
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
24,646 0   24,646
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
183,754 183,754   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
17,743 8,743   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
923 0   923
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 228,410 192,497   26,913
25 Contributions, gifts, grants paid....... 788,000 788,000
26 Total expenses and disbursements. Add lines 24 and 25 1,016,410 192,497   814,913
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -557,033
b Net investment income (if negative, enter -0-) 322,143
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............. 4,202,205 1,371,813 1,371,813
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment
List of Attached Documents:
// Content
240,635 		247,510
b Investments—corporate stock (attach schedule)....... 13,353,661 Click to see attachment
List of Attached Documents:
// Content
15,442,393 		23,373,177
c Investments—corporate bonds (attach schedule)....... 533,112 Click to see attachment
List of Attached Documents:
// Content
469,652 		459,705
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 222,270 Click to see attachment
List of Attached Documents:
// Content
229,722 		231,157
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,311,248 17,754,215 25,683,362
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)    
23 Total liabilities (add lines 17 through 22)......... 0 0
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........... 18,311,248 17,754,215
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 18,311,248 17,754,215
30 Total liabilities and net assets/fund balances (see instructions). 18,311,248 17,754,215
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
18,311,248
2
Enter amount from Part I, line 27a .....................
2
-557,033
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
17,754,215
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
17,754,215
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 FIDELITY PUBLICLY-TRADED SECURITIES P    
b FIDELITY PUBLICLY-TRADED SECURITIES P    
c FIDELITY CAPITAL GAIN DIVIDENDS P    
d FX LOSS - CHASE GREENHAVEN P    
e CHASE GREENHAVEN PUBLICLY-TRADED SECURITIES P    
CHASE GREENHAVEN PUBLICLY-TRADED SECURITIES P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 399,303   469,650 -70,347
b 760,785   801,949 -41,164
c 1,137     1,137
d     250 -250
e 244,915   367,917 -123,002
546,575   391,163 155,412
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       -70,347
b       -41,164
c       1,137
d       -250
e       -123,002
      155,412
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 -78,214
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 4,478
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 4,478
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 4,478
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 15,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 15,000
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 10,522
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow10,522 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 arrowNY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowKAREN RAND ASSOCIATES Telephone no.right arrow (212) 297-0707

Located atright arrow100 CROSBY ST SUITE 301NEW YORKNY ZIP+4right arrow10012
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
ADAM BARTOS PRESIDENT
0.75 		0 0 0
C/O CORRADO 48 S FRANKLIN TPKE 300
RAMSEY,NJ07446
MAHNAZ ISPAHANI VICE PRESIDENT
0.75 		0 0 0
C/O CORRADO 48 S FRANKLIN TPKE 300
RAMSEY,NJ07446
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
JP MORGAN CHASE INVESTMENT ADVISORY 183,754
383 MADISON AVENUE
NEW YORK,NY10179
AVALON TRUST COMPANY INVESTMENT ADVISORY 59,550
125 LINCOLN AVE STE 301
SANTA FE,NM87501
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
20,435,129
b
Average of monthly cash balances.......................
1b
2,393,299
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
22,828,428
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
22,828,428
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
342,426
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
22,486,002
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,124,300
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
1,124,300
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
4,478
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
4,478
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,119,822
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,119,822
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
1,119,822
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
814,913
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
814,913
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 1,119,822
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 973,258
b From 2019...... 281,277
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 1,254,535
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 814,913
a Applied to 2022, but not more than line 2a 0
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..... 814,913
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 304,909 304,909
(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 5 949,626
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		668,349
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		281,277
10 Analysis of line 9:
a Excess from 2019.... 281,277
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 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)
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

EAKINS PRESS FOUNDATION

20 W 44TH ST 405
NEW YORK,NY10036 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,500

FILM FORUM

209 WEST HOUSTON ST
NEW YORK,NY10014 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 10,000

HANOVER CHARITIES

824 ISLAND CIRCLE WEST
ST HELENA,SC29920 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 4,500

MUSEUM OF MOVING IMAGE

36-01 35 AVE 37TH ST
NEW YORK,NY11106 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 125,000

NEW YORK PUBLIC LIBRARY

476 FIFTH AVENUE
NEW YORK,NY10018 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 150,000

SAKHI FOR SOUTH ASIAN WOMEN

PO BOX 1333 CHURCH STATION
NEW YORK,NY100081333 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

THE ANIMAL MEDICAL CENTER

510 EAST 62ND STREET
NEW YORK,NY10065 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 125,000

FRIENDS OF SEVA MANDIR INC

200 METROPLEX DRIVE SUITE 300
EDISON,NJ08817 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

GUILD HALL

158 MAIN STREET
EAST HAMPTON,NY11937 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,000

MOUNT SINAI HEALTH

ONE GUSTAVE L LEVY PLACE BOX 1049
NEW YORK,NY10029 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

NEW YORK PUBLIC RADIO - WNYC

160 VARICK STREET
NEW YORK,NY10013 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

THE LINCOLN CENTER

150 WEST 65TH STREET
NEW YORK,NY10023 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 25,000

THE LOWER EASTSIDE GIRLS CLUB

402 E 8TH ST
NEW YORK,NY10009 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

ACLU FOUNDATION

125 BROAD STREET
NEW YORK,NY10004 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 25,000

ANIMAL RESCUE FUND OF THE HAMPTONS INC

124 DANIELS HOLE RD
EAST HAMPTON,NY11937 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 14,500

CENTRAL PARK CONSERVANCY

14 E 60TH ST
NEW YORK,NY10022 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,000

CENTURY ASSOCIATION ARCHIVE FOUNDATION

7 W 43RD ST
NEW YORK,NY10036 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 500

DEVELOPMENTS IN LITERACY

8583 IRVINE CENTER DRIVE 139
IRVINE,CA92618 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,000

DOCTORS WITHOUT BORDERS

40 RECTOR ST 16TH FLOOR
NEW YORK,NY10006 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 12,500

EL MUSEO DEL BARRIO

1230 5TH AVE
NEW YORK,NY10029 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 7,500

FOUR FREEDOMS PARK CONSERVANCY

1 FDR FOUR FREEDOMS PARK
ROOSEVELT ISLAND,NY10044 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

FRIENDS OF GEORGICA POND FOUNDATION

PO BOX 1393
WAINSCOTT,NY11975 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 5,000

HAYGROUND SCHOOL

151 MITCHELL LN
BRIDGEHAMPTON,NY11932 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,000

INTERNATIONAL RESCUE COMMITTEE INC

122 E 42ND ST
NEW YORK,NY10168 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

MOMA

11 W 53RD ST
NEW YORK,NY10019 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 20,000

THE PARRISH ART MUSEUM

279 MONTAUK HWY
WATER MILL,NY11976 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 7,500

ASPCA

424 E 92ND ST
NEW YORK,NY10128 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,000

CORRECTIONAL ASSOCIATION OF NEW YORK

PO BOX 793
BROOKLYN,NY11207 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,000

NATIONAL MUSEUM OF THE AMERICAN INDIAN

1 BOWLING GREEN
NEW YORK,NY10004 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,500

NEW ALTERNATIVES FOR CHILDREN

825 7TH AVE
NEW YORK,NY10019 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

PERFECT EARTH PROJECT

PO BOX 1195
BRIDGEHAMPTON,NY11932 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,000

PLANNED PARENTHOOD FEDERATION OF AMERICA

123 WILLIAM STREET 10TH FLOOR
NEW YORK,NY10038 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 5,000

ROOSEVELT INSTITUTE

570 LEXINGTON AVE 501
NEW YORK,NY10022 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

SAFE HORIZON

2 LAFAYETTE ST
NEW YORK,NY10007 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,000

SITE SANTA FE

1606 PASEO DE PERALTA
SANTA FE,NM87501 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 5,000

SMITHSONIAN INSTITUTION

PO BOX 37102 SI BUILDING RM 153 MRC
010
WASHINGTON,DC20013 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 5,000

TEMENOS INC

65 MOUNT MINERAL RD
SHUTESBURY,MA01072 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 15,000

THE STUDIO IN SCHOOL ASSOCIATION

75 WEST END AVENUE
NEW YORK,NY10023 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,500

THE TIBET CENTER

502 N RIDGEWOOD RD
SOUTH ORANGE,NJ07079 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

UNITED WORLD COLLEGE - USA

STATE RTE 65
MONTEZUMA,NM87731 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

VERA INSTITUTE OF JUSTICE

34 35TH ST SUITE 4-2A
BROOKLYN,NY11232 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,000

WHEELWRIGHT MUSEUM OF THE AMERICAN INDIAN

704 CAMINO LEJO
SANTA FE,NM87505 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 5,000

WORLD CONNECT

632 BROADWAY SUITE 901
NEW YORK,NY10012 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,000

YALE SCHOOL OF ARCHITECTURE

180 YORK ST
NEW HAVEN,CT06511 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 5,000

BARENBOIM-SAID FOUNDATION

435 RIVERSIDE DRIVE SUITE 122
NEW YORK,NY10025 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,000

COUNCIL ON FOREIGN RELATIONS

58 E 68TH ST
NEW YORK,NY10065 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 5,000

NEW ART PUBLICATIONS INC

80 HANSON PLACE SUITE 703
BROOKLYN,NY11217 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

PARIS REVIEW

PO BOX 8524
BIG SANDY,TX75755 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,000

RACING THOUGHTS INC

41 EASTERN PKWY APT 9A
BROOKLYN,NY11238 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 500

SEEDS OF PEACE

370 LEXINGTON AVE 201
NEW YORK,NY10017 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 5,000

URGENT ACTION FUND

2601 BLANDING AVE SUITE C 155
ALAMEDA,CA94501 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

WEILL CORNELL MEDICAL COLLEGE

1300 YORK AVENUE
NEW YORK,NY10065 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 10,000

WELLESLEY COLLEGE

106 CENTRAL STREET
WELLESLEY,MA02481 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 10,000

YADDO

312 UNION AVENUE
SARATOGA SPRINGS,NY12866 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,500

ANERA

1111 14TH STREET NW SUITE 400
WASHINGTON,DC20005 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 7,500

EMORY UNIVERSITY

201 DOWMAN DR
ATLANTA,GA30322 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 50,000

HOSPITAL FOR SPECIAL SURGERY

535 E 70TH ST
NEW YORK,NY10021 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 10,000

MUSEUM OF ARTS AND DESIGN

2 COLUMBUS CIRCLE
NEW YORK,NY10019 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 1,500

NEW ISRAEL FUND

PO BOX 70358
PHILADELPHIA,PA70358 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 5,000

PALESTINE CHILDREN'S RELIEF FUND

PO BOX 861716
LOS ANGELES,CA90086 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 5,000

THE BROOKLYN RAIL

253 36TH STREET 3RD FLOOR STE C304
BROOKLYN,NY11232 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

THE FLETCHER FUND

128 PROFESSORS ROW
MEDFORD,MA02155 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 2,500

THE NEW YORK PUBLIC LIBRARY

476 5TH AVE
NEW YORK,NY10018 		  PC TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C) (3) 50,000
Total .................................right arrow 3a 788,000
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 ........... 		         
4 Dividends and interest from securities ....     14 514,640  
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 -78,214  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aTAX REFUND 		    01 22,951  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 459,377 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
459,377
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
PANNONIA FOUNDATION
EIN:
13-4112882
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
KRA LLC - BOOKKEEPING FEES 13,946 0   13,946
CFG CPA, LLP - ACCOUNTING FEES 10,700 0   10,700

TY 2023 InvestmentsCorpBondsSchedule
Name:
PANNONIA FOUNDATION
EIN:
13-4112882
Name of Bond End of Year Book Value End of Year Fair Market Value
ASTRAZENECA PLC 3.375% DUE 11-16-25 20,737 20,539
AT&T INC 4.350% DUE 03-01-29 20,935 20,725
BANK OF NEW YORK MELLON CORP 3.650% DUE 02-04-24 20,010 19,958
BP CAPITAL MARKETS PLC 3.588% DUE 04-14-27 21,225 20,336
COMCAST CORP 3.150% DUE 03-01-26 20,578 20,386
CVS HEALTH CORP 4.300% DUE 03-25-28 20,567 20,644
DUKE ENERGY CORP 3.150% DUE 08-15-27 21,910 20,791
GENERAL DYNAMICS CORP 3.750% DUE 05-15-28 20,208 19,634
GENERAL MILLS INC 4.200% DUE 04-17-28 19,598 19,723
GILEAD SCIENCES INC 3.500% DUE 02-01-25 20,979 20,660
JP MORGAN CHASE & CO 3.625% DUE 05-13-24 20,007 19,874
KROGER CO 2.650% DUE 10-15-26 21,208 21,732
LOCKHEED MARTIN CORP 3.550% DUE 01-15-26 11,017 10,801
MCDONALDS CORP 3.250% DUE 06-10-24 21,017 20,785
MORGAN STANLEY 3.700% DUE 10-23-24 21,002 20,729
OCCIDENTAL PETROLEUM CORP 3.000% DUE 02-15-27 21,161 20,409
ORACLE CORP 3.250% DUE 11-15-27 21,162 19,937
PFIZER INC NOTE 3.450% DUE 03-15-29 21,349 20,234
STARBUCKS CORP 3.500% DUE 03-01-28 20,837 20,193
TIME WARNER INC 3.600% DUE 07-15-25 20,615 20,144
WALMART INC NOTE 3.250% DUE 07-08-29 21,736 20,152
WALT DISNEY CO 3.150% DUE 09-17-25 21,010 20,433
WELLS FARGO & CO 3.000% DUE 10-23-26 20,784 20,886

TY 2023 InvestmentsCorpStockSchedule
Name:
PANNONIA FOUNDATION
EIN:
13-4112882
Name of Stock End of Year Book Value End of Year Fair Market Value
AIR PRODUCTS & CHEMICALS 15,893 21,083
ALPHABET CLASS C 170,733 366,418
AMAZON.COM 179,053 303,880
AMERICAN ELECTRIC POWER 49,263 58,641
APPLE INC. 66,199 192,530
BERKSHIRE HATHAWAY CL B 100,738 178,330
BLOOM ENERGY CORP CLASS A 37,603 34,040
BROADCOM INC. 71,615 290,225
BROOKFIELD INFRASTRUCTURE CORP CLAS 91,019 116,424
CHUBB LTD. FOR 54,899 96,276
CISCO SYSTEMS INC 45,524 56,936
CITIGROUP INC 1,439,735 1,388,880
CVS HEALTH CORP 113,709 142,128
D R HORTON INC. 66,334 227,970
D R HORTON INC. 533,058 1,656,582
DANAHER CORP 40,779 75,186
DODGE & COX INCOME 425,150 410,309
EDP RENOVAVEIS 69,336 71,623
FIDELITY OVERSEAS FOR 275,012 346,303
FIRST SOLAR INC COM 21,024 68,912
GENERAL MOTORS CO 1,322,451 1,472,720
GOLDMAN SACHS GROUP 61,784 135,020
GOLDMAN SACHS GROUP 747,990 1,543,080
IBERDROLA SA 86,328 98,341
INTERNATIONAL PAPER 564,431 506,100
ISHARES TR NASDAQ BIOTECHNOLOGY 66,667 88,303
JP MORGAN MORTGAGE-BACKED SECURITIE 450,000 413,453
LENNAR CORP - CLASS A 698,530 2,056,752
LENNAR CORP - CLASS B 6,122 24,397
LKQ CORP. 69,325 109,917
LOWE'S 99,555 200,295
MCDONALD'S CORP 14,702 36,174
MERCK & CO 102,398 136,275
MICROSOFT CORP 221,104 441,095
MONDELEZ INTERNATIONAL INC 100,541 137,617
PEPSICO INC 42,482 64,709
PNC FINL SVCS GROUP 90,093 108,395
PROGRESSIVE CORP 68,102 143,352
QUANTA SERVICES 18,031 118,690
TARGET CORP 50,267 90,722
THERMO FISHER SCIENTIFIC INC 80,387 92,888
TOLL BROTHERS INC 101,605 328,928
TRIMBLE INC. 46,021 63,840
ULTA BEAUTY, INC 39,808 83,298
VANGUARD SHORT TERM INVT GRADE 450,110 444,751
VISA 105,049 156,210
WALT DISNEY COMPANY 59,273 63,203
VANECK ETF ISHARES BIOTECH 146,542 154,596
REXEL EURS ISIN 43,831 51,988
LINDE PLC COM 58,793 86,249
TJX COMPANIES INC 69,343 103,191
TYLER TECHNOLOGIES INC 43,130 45,993
VALMONT INDUSTRIES INC 43,934 46,702
JP MORGAN CHASE & CO. 1,109,574 1,530,900
LEAR CORP 389,464 423,630
MERITAGE HOMES CORP 75,992 174,200
OSHKOSH CORP 406,122 542,050
PULTEGROUP 514,123 1,290,250
WESTROCK CO 846,424 871,920
CRH PLC 715,970 1,314,040
AVNET INC 281,678 327,600
LORD ABBETT SHORT DURATION INCOME CL I 200,000 200,000
APTIV 41,665 33,645
MONTROSE ENVIRONMENTAL GROUP 41,135 32,130
PALO ALTO NETWORKS INC 41,354 51,604
VERALTO CORP COM 47,148 53,469
ARROW ELECTRONICS INC 440,441 452,325
NOV INC 79,977 101,400
TEREX CORP 175,921 224,094

TY 2023 InvestmentsGovtObligationsSch
Name:
PANNONIA FOUNDATION
EIN:
13-4112882
US Government Securities - End of Year Book Value:

240,635
US Government Securities - End of Year Fair Market Value:

247,510
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsOtherSchedule2
Name:
PANNONIA FOUNDATION
EIN:
13-4112882
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AMERICAN TOWER CORP AT COST 80,932 80,955
AVALON BAY REIT AT COST 52,731 65,527
CROWN CASTLE INTL CORP REIT AT COST 35,247 40,547
HANNON ARMSTRONG AT COST 60,812 44,128

TY 2023 LegalFeesSchedule
Name:
PANNONIA FOUNDATION
EIN:
13-4112882
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 1,344 0   1,344


TY 2023 OtherExpensesSchedule
Name:
PANNONIA FOUNDATION
EIN:
13-4112882
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
NY ANNUAL FEE 750 0   750
POSTAGE 123 0   123
OFFICE EXPENSE 12 0   12
BANK FEES 38 0   38


TY 2023 OtherIncomeSchedule2
Name:
PANNONIA FOUNDATION
EIN:
13-4112882
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
TAX REFUND 22,951   22,951


TY 2023 OtherProfessionalFeesSchedule
Name:
PANNONIA FOUNDATION
EIN:
13-4112882
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FIDELITY/AVALON - INVESTMENT FEES 59,550 59,550   0
CHASE GREENHAVEN - INVESTMENT FEES 124,204 124,204   0


TY 2023 TaxesSchedule
Name:
PANNONIA FOUNDATION
EIN:
13-4112882
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 8,743 8,743   0
FEDERAL TAXES 9,000 0   0