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
SERENA FOUNDATION INC
C/O DINSE PC
Number and street (or P.O. box number if mail is not delivered to street address)209 BATTERY STREET PO BOX 988
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BURLINGTON, VT05402
A Employer identification number

27-2994814
B Telephone number (see instructions)

(802) 864-5751
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$47,433,989J Accounting method:
MODIFIED CASH
(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 62,433 62,433  
4 Dividends and interest from securities... 402,427 402,427  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 427,705
b Gross sales price for all assets on line 6a 3,035,881
7 Capital gain net income (from Part IV, line 2)... 429,189
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
36,170 34,638  
12 Total. Add lines 1 through 11........ 928,735 928,687  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 45,000 13,500   31,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
32,931 0   32,931
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
20,340 1,140   17,625
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
144,703 114,703   30,000
17 Interest............... 150 150   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
7,115 6,815   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 45,239 0   45,239
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
135,862 131,394   4,468
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 431,340 267,702   161,763
25 Contributions, gifts, grants paid....... 2,101,744 2,101,744
26 Total expenses and disbursements. Add lines 24 and 25 2,533,084 267,702   2,263,507
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,604,349
b Net investment income (if negative, enter -0-) 660,985
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.............   122,269 122,269
2 Savings and temporary cash investments......... 724,946 1,472,870 1,472,870
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,601,391 Click to see attachment
List of Attached Documents:
// Content
6,384,685 		6,384,685
c Investments—corporate bonds (attach schedule).......      
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).......... 36,124,698 Click to see attachment
List of Attached Documents:
// Content
39,452,460 		39,452,460
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
1,705 		Click to see attachment
List of Attached Documents:
// Content
1,705
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 42,451,035 47,433,989 47,433,989
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........... 42,451,035 47,433,989
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)..... 42,451,035 47,433,989
30 Total liabilities and net assets/fund balances (see instructions). 42,451,035 47,433,989
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
42,451,035
2
Enter amount from Part I, line 27a .....................
2
-1,604,349
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
6,587,303
4
Add lines 1, 2, and 3 ..........................
4
47,433,989
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
47,433,989
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 SALE OF PUBLICLY TRADED SECURITIES P    
b 753.659 SH. GENERATION IM GLOBAL EQUITY A SHARES D    
c JMF LIQUIDATING LLC D    
d HIGHCLERE INT'L INVESTORS P    
e LEGACY VENTURE IX, LLC P    
LEGACY VENTURE XI, LLC P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,423,046   2,227,786 195,260
b 500,000   160,737 339,263
c       -100,879
d       -116,279
e       -2,458
      1,447
112,835     112,835
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       195,260
b       339,263
c       -100,879
d       -116,279
e       -2,458
      1,447
      112,835
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 2 429,189
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 9,188
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 9,188
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 9,188
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 10,904
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 15,904
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 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 6,716
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow6,716 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowVT
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
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 arrowTHE FOUNDATION Telephone no.right arrow (617) 234-2515

Located atright arrow209 BATTERY STREET PO BOX 988BURLINGTONVT ZIP+4right arrow05402
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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
 
No
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
AUSTIN HART CO DINSE PC PRESIDENT
2.50 		15,000 0 0
209 BATTERY ST PO BOX 988
BURLINGTON,VT05402
WALLACE TAPIA CO DINSE PC TREASURER
2.50 		15,000 0 0
209 BATTERY ST PO BOX 988
BURLINGTON,VT05402
F RENDOL BARLOW CO DINSE PC SECRETARY
1.00 		15,000 0 0
209 BATTERY ST PO BOX 988
BURLINGTON,VT05402
E RUSSELL PEACH IV CO DINSE PC ASSISTANT TREASURER
1.00 		0 0 0
209 BATTERY ST PO BOX 988
BURLINGTON,VT05402
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
29,885,265
b
Average of monthly cash balances.......................
1b
1,159,264
c
Fair market value of all other assets (see instructions)................
1c
14,185,696
d
Total (add lines 1a, b, and c).........................
1d
45,230,225
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
45,230,225
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
678,453
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
44,551,772
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,227,589
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
2,227,589
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
9,188
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
9,188
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,218,401
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,218,401
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
2,218,401
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
2,263,507
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
2,263,507
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 2,218,401
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......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022...... 13,922
f Total of lines 3a through e ........ 13,922
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,263,507
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..... 2,218,401
e Remaining amount distributed out of corpus 45,106
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 59,028
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		59,028
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022.... 13,922
e Excess from 2023.... 45,106
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

FIDELITY CHARITABLE GIFT FUND

BOX 770001
CINCINNATI,OH45277 		N/A PC CHARITABLE (UNRESTRICTED) 2,101,744
Total .................................right arrow 3a 2,101,744
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 62,433  
4 Dividends and interest from securities .... 901101   14 402,427  
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 ..... 901101 1,532 14 34,638  
8 Gain or (loss) from sales of assets other than
inventory ............ 		901101 -1,484 18 429,189  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 48 928,687 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
928,735
(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:
SERENA FOUNDATION INC
 
C/O DINSE PC
EIN:
27-2994814
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT AND TAX PREP FEES 20,340 1,140   17,625

TY 2023 InvestmentsCorpStockSchedule
Name:
SERENA FOUNDATION INC
 
C/O DINSE PC
EIN:
27-2994814
Name of Stock End of Year Book Value End of Year Fair Market Value
3D SYSTEMS CORP 2,500.0000 SHARES 15,875 15,875
ACCO BRANDS CORP 10,893.0000 SHARES 66,229 66,229
ADVANCED ENERGY INDUSTRIES INC 420.0000 SHARES 45,746 45,746
AEROVIRONMENT INC 430.0000 SHARES 54,197 54,197
AMBARELLA INC 760.0000 SHARES 46,580 46,580
AMERICAN FINANCIAL GROUP INC/OH 280.0000 SHARES 33,289 33,289
AMERISAFE INC 330.0000 SHARES 15,437 15,437
ARCOSA INC 610.0000 SHARES 50,410 50,410
ARRAY TECHNOLOGIES INC 1,490.0000 SHARES 25,032 25,032
ATKORE INC 475.0000 SHARES 76,000 76,000
BARRETT BUSINESS SERVICES INC 570.0000 SHARES 66,005 66,005
BLOOM ENERGY CORP CL A 1,350.0000 SHARES 19,980 19,980
BOYD GAMING CORP 1,510.0000 SHARES 94,541 94,541
BROOKLINE BANCORP INC 1,590.0000 SHARES 17,347 17,347
CAE INC 1,890.0000 SHARES 40,805 40,805
CANADA GOOSE HOLDINGS INC 1,140.0000 SHARES 13,509 13,509
CANADIAN PACIFIC RAILWAY LTD 563.0000 SHARES 44,511 44,511
CERENCE INC 1,060.0000 SHARES 20,840 20,840
CHEESECAKE FACTORY 930.0000 SHARES 32,559 32,559
COGNEX CORP 1,200.0000 SHARES 50,088 50,088
COHERENT CORP 1,470.0000 SHARES 63,989 63,989
COLUMBIA BANKING SYSTEM INC 1,570.0000 SHARES 41,888 41,888
COLUMBUS MCKINNON CORP/NY 1,950.0000 SHARES 76,089 76,089
COMMUNITY HEALTHCARE TRUST 1,330.0000 SHARES 35,431 35,431
COMMVAULT SYSTEMS INC 500.0000 SHARES 39,925 39,925
COMPASS DIVERSIFIED HOLDINGS 4,120.0000 SHARES 92,494 92,494
CUBESMART 680.0000 SHARES 31,518 31,518
CYTOKINETICS INC 610.0000 SHARES 50,929 50,929
DANA INC 1,790.0000 SHARES 26,152 26,152
DELEK US HOLDINGS INC 2,160.0000 SHARES 55,728 55,728
DIAMONDBACK ENERGY INC 180.0000 SHARES 27,914 27,914
DIAMONDROCK HOSPITALITY CO 4,310.0000 SHARES 40,471 40,471
DIGITAL REALTY TRUST INC 310.0000 SHARES 41,720 41,720
DUCOMMUN INC 1,261.0000 SHARES 65,648 65,648
EASTGROUP PROPERTIES INC 230.0000 SHARES 42,214 42,214
EDGIO INC 9,960.0000 SHARES 3,411 3,411
ESPERION THERAPEUTICS INC 570.0000 SHARES 1,704 1,704
EW SCRIPPS CO/THE CL A 760.0000 SHARES 6,072 6,072
FARO TECHNOLOGIES INC 710.0000 SHARES 15,996 15,996
FORMFACTOR INC 910.0000 SHARES 37,956 37,956
GENESCO INC 950.0000 SHARES 33,450 33,450
G-III APPAREL GROUP LTD 1,670.0000 SHARES 56,747 56,747
GLOBUS MEDICAL INC 840.0000 SHARES 44,764 44,764
GOLAR LNG LTD 2,590.0000 SHARES 59,544 59,544
GREENBRIER COS INC/THE 1,232.0000 SHARES 54,430 54,430
GROUP 1 AUTOMOTIVE INC 300.0000 SHARES 91,422 91,422
HELMERICH & PAYNE INC 566.0000 SHARES 20,501 20,501
HEXCEL CORP NEW 496.0000 SHARES 36,580 36,580
IAC INC 360.0000 SHARES 18,857 18,857
ICHOR HOLDINGS LTD 1,150.0000 SHARES 38,675 38,675
IMMUNOGEN INC 1,930.0000 SHARES 57,225 57,225
INDEPENDENT BANK GROUP INC 920.0000 SHARES 46,810 46,810
INSTEEL INDUSTRIES INC 1,480.0000 SHARES 56,669 56,669
INTRA-CELLULAR THERAPIES INC 420.0000 SHARES 30,080 30,080
IONIS PHARMACEUTICALS INC 673.0000 SHARES 34,047 34,047
IRIDIUM COMMUNICATIONS INC 1,590.0000 SHARES 65,444 65,444
ITRON INC 750.0000 SHARES 56,633 56,633
JOHN B SANFILIPPO & SON INC 390.0000 SHARES 40,186 40,186
KOPPERS HOLDINGS INC 1,570.0000 SHARES 80,415 80,415
LAM RESEARCH CORP 158.0000 SHARES 123,755 123,755
LANTHEUS HOLDINGS INC 590.0000 SHARES 36,580 36,580
LAS VEGAS SANDS CORP 950.0000 SHARES 46,750 46,750
LEXICON PHARMACEUTICALS INC 4,170.0000 SHARES 6,380 6,380
LIBERTY MEDIA CORP LIBERTY LIVE 261.0000 SHARES 9,540 9,540
LIBERTY SIRIUSXM GROUP 1,047.0000 SHARES 30,091 30,091
LINDBLAD EXPEDITIONS HOLDINGS INC 1,450.0000 SHARES 16,342 16,342
LUMENTUM HOLDINGS INC 960.0000 SHARES 50,323 50,323
MACROGENICS INC 1,510.0000 SHARES 14,526 14,526
MADISON SQUARE GARDEN SPORTS CORP CL A 215.0000 SHARES 39,093 39,093
MADISON SQUARE SPIN CO 1 SHARE 32 32
MAGNOLIA OIL & GAS CORP 3,150.0000 SHARES 67,064 67,064
MALIBU BOATS INC CL A 240.0000 SHARES 13,157 13,157
MANCHESTER UNITED PLC CL A 1,400.0000 SHARES 28,532 28,532
MATADOR RESOURCES CO 1,510.0000 SHARES 85,859 85,859
MATCH GROUP INC 595.0000 SHARES 21,718 21,718
MATERION CORP 330.0000 SHARES 42,943 42,943
MERCANTILE BANK CORP 1,800.0000 SHARES 72,684 72,684
MERCK & CO INC 6,735.0000 SHARES 734,250 734,250
MGP INGREDIENTS INC 440.0000 SHARES 43,349 43,349
MIMEDX GROUP INC 4,820.0000 SHARES 42,271 42,271
MKS INSTRUMENTS INC 700.0000 SHARES 72,009 72,009
MODEL N INC 730.0000 SHARES 19,659 19,659
MP MATERIALS CORP 730.0000 SHARES 14,491 14,491
NATIONAL STORAGE AFFILIATES TRUST 380.0000 SHARES 15,759 15,759
NEXSTAR MEDIA GROUP INC COMMON STOCK 430.0000 SHARES 67,403 67,403
NLIGHT INC 3,580.0000 SHARES 48,330 48,330
OMNICELL INC COM 460.0000 SHARES 17,310 17,310
ONESPAWORLD HOLDINGS LTD 4,540.0000 SHARES 64,014 64,014
ONTO INNOVATION INC 380.0000 SHARES 58,102 58,102
OXFORD INDUSTRIES INC 340.0000 SHARES 34,000 34,000
PACIFIC PREMIER BANCORP INC 1,056.0000 SHARES 30,740 30,740
PAR PACIFIC HOLDINGS INC 1,800.0000 SHARES 65,466 65,466
PATRICK INDUSTRIES INC 610.0000 SHARES 61,214 61,214
PINNACLE FINANCIAL PARTNERS INC 790.0000 SHARES 68,904 68,904
PLUG POWER INC 4,911.0000 SHARES 22,100 22,100
PREFERRED BANK/LOS ANGELES 520.0000 SHARES 37,986 37,986
PROTHENA CORP PLC 280.0000 SHARES 10,175 10,175
PTC THERAPEUTICS INC 375.0000 SHARES 10,335 10,335
QORVO INC 745.0000 SHARES 83,894 83,894
RAYMOND JAMES FINANCIAL INC 542.0000 SHARES 60,433 60,433
REGENERON PHARMACEUTICALS INC 92.0000 SHARES 80,803 80,803
REINSURANCE GROUP OF AMERICA INC 370.0000 SHARES 59,859 59,859
RELIANCE STEEL & ALUMINUM CO 160.0000 SHARES 44,749 44,749
RLJ LODGING TRUST 3,670.0000 SHARES 43,012 43,012
ROBERT HALF INTERNATIONAL INC 453.0000 SHARES 39,828 39,828
ROGERS CORP 300.0000 SHARES 39,621 39,621
ROYAL CARIBBEAN GROUP 577.0000 SHARES 74,716 74,716
SAGE THERAPEUTICS INC 330.0000 SHARES 7,151 7,151
SAREPTA THERAPEUTICS INC 210.0000 SHARES 20,250 20,250
SEACOAST BANKING CORP OF FLORIDA 1,470.0000 SHARES 41,836 41,836
SEAWORLD ENTERTAINMENT INC 1,260.0000 SHARES 66,566 66,566
SINCLAIR BROADCAST GROUP INC CL A 1,130.0000 SHARES 14,724 14,724
SOUTHWEST GAS HOLDINGS INC 1,030.0000 SHARES 65,251 65,251
SPHERE ENTERTAINMENT CO 1.0000 SHARE 34 34
SPIRIT AEROSYSTEMS HOLDINGS INC 490.0000 SHARES 15,572 15,572
STAG INDUSTRIAL INC 1,100.0000 SHARES 43,186 43,186
STEVEN MADDEN LTD 800.0000 SHARES 33,600 33,600
STEWART INFORMATION SERVICES CORP 340.0000 SHARES 19,975 19,975
STOCK YARDS BANCORP INC 600.0000 SHARES 30,894 30,894
STRATASYS LTD 2,280.0000 SHARES 32,558 32,558
SUPER MICRO COMPUTER INC 150.0000 SHARES 42,639 42,639
TAYLOR MORRISON HOME CORP 1,570.0000 SHARES 83,760 83,760
TEGNA INC 988.0000 SHARES 15,116 15,116
TELOS CORP 5,800.0000 SHARES 21,170 21,170
TENABLE HOLDINGS INC 690.0000 SHARES 31,781 31,781
TRICO BANCSHARES 800.0000 SHARES 34,376 34,376
TRIMBLE INC 1,052.0000 SHARES 55,966 55,966
TUTOR PERINI CORP 780.0000 SHARES 7,098 7,098
ULTRA CLEAN HOLDINGS INC 965.0000 SHARES 32,945 32,945
ULTRAGENYX PHARMACEUTICAL INC 220.0000 SHARES 10,520 10,520
UMH PROPERTIES INC 1,000.0000 SHARES 15,320 15,320
UNIFI INC 756.0000 SHARES 5,035 5,035
UNITED COMMUNITY BANKS INC/GA 810.0000 SHARES 23,700 23,700
VERITEX HOLDINGS INC 1,460.0000 SHARES 33,973 33,973
VIMEO INC 1,611.0000 SHARES 6,315 6,315
VISHAY INTERTECHNOLOGY INC 1,876.0000 SHARES 44,968 44,968
WARNER BROS DISCOVERY INC 2,303.0000 SHARES 26,208 26,208
WERNER ENTERPRISES INC 1,130.0000 SHARES 47,878 47,878
WSFS FINANCIAL CORP 930.0000 SHARES 42,715 42,715
XYLEM INC 811.0000 SHARES 92,746 92,746

TY 2023 InvestmentsOtherSchedule2
Name:
SERENA FOUNDATION INC
 
C/O DINSE PC
EIN:
27-2994814
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
333.33 SHARES OF SUMMIT PARTNERS SUSTAINABLE OPPORTUNITIES L/S FUND LTD FMV 1,367,911 1,367,911
67,398.8969 SHARES OF HIGHCLERE INTERNATIONAL INVESTORS FMV 2,392,568 2,392,568
9,172.73 SHARES OF GENERATION IM GLOBAL EQUITY FUND FMV 7,164,507 7,164,507
AMERICAN BEACON SHAPIRO EQUITY FUND CL Y 368,516.7520 SHARES FMV 4,864,421 4,864,421
ARTISAN INTERNATIONAL SMALL-MID FUND 29,339.9800 SHARES FMV 516,677 516,677
ARTISAN INTERNATIONAL VALUE FUND - INV 114,057.4060 SHARES FMV 5,228,391 5,228,391
BROWN ADVISORY SUSTAINABLE GROWTH FUND 75,982.8150 SHARES FMV 3,654,773 3,654,773
DELAWARE EMERGING MARKETS FUND 74,611.5960 SHARES FMV 1,453,434 1,453,434
JMF LIQUIDATING LLC FMV 47,690 47,690
LEGACY VENTURE IX, LLC FMV 3,525,292 3,525,292
LEGACY VENTURE XI, LLC FMV 174,100 174,100
RBC EMERGING MARKETS EQUITY FUND/US CL I 131,633.2330 SHARES FMV 1,645,416 1,645,416
VANGUARD S&P 500 ETF 10,975.0000 SHARES FMV 4,793,880 4,793,880
WCM FOCUSED INTERNATIONAL GROWTH FUND 115,263.6010 SHARES FMV 2,623,400 2,623,400

TY 2023 LegalFeesSchedule
Name:
SERENA FOUNDATION INC
 
C/O DINSE PC
EIN:
27-2994814
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 32,931 0   32,931


TY 2023 OtherAssetsSchedule
Name:
SERENA FOUNDATION INC
 
C/O DINSE PC
EIN:
27-2994814
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
RECEIVABLE FROM BROKER   1,705 1,705


TY 2023 OtherExpensesSchedule
Name:
SERENA FOUNDATION INC
 
C/O DINSE PC
EIN:
27-2994814
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSES THROUGH K-1S 131,254 131,254   0
FILING FEES 140 140   0
INSURANCE 1,525 0   1,525
OFFICE EXPENSES 2,128 0   2,128
MEMBERSHIP DUES 815 0   815


TY 2023 OtherIncomeSchedule2
Name:
SERENA FOUNDATION INC
 
C/O DINSE PC
EIN:
27-2994814
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTIES AND OTHER 13,357 13,357 13,357
OTHER INCOME THROUGH K-1S 22,813 21,281 22,813


TY 2023 OtherIncreasesSchedule
Name:
SERENA FOUNDATION INC
 
C/O DINSE PC
EIN:
27-2994814
Description Amount
UNREALIZED GAIN ON INVESTMENTS 6,367,849
NON-TAXABLE GAIN ON GRANT OF SECURITIES 219,454


TY 2023 OtherProfessionalFeesSchedule
Name:
SERENA FOUNDATION INC
 
C/O DINSE PC
EIN:
27-2994814
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES 40,313 40,313   0
INVESTMENT MANAGEMENT FEES 49,877 49,877   0
CUSTODIAL FEES 24,513 24,513   0
GRANT PROGRAM CONSULTING FEES 30,000 0   30,000


TY 2023 TaxesSchedule
Name:
SERENA FOUNDATION INC
 
C/O DINSE PC
EIN:
27-2994814
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES WITHHELD 6,815 6,815   0
VERMONT UBI TAX 300 0   0