TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2023

Open to Public Inspection

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

Name of foundation
MINER-NAGY FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)2 HEMLOCK RD
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CAMBRIDGE, MA02138

A Employer identification number

84-6863123

B Telephone number (see instructions)

(617) 642-9831

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$5,069,516J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	116,820		116,820
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-96,229
b	Gross sales price for all assets on line 6a 1,001,555
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).......	List of Attached Documents: // Content	52	52
12	Total. Add lines 1 through 11........	20,643		116,872
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	3,750	3,000	750
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	20,016	20,126	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	257	257	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	125	0	125
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	24,148		23,383	875
25	Contributions, gifts, grants paid.......	110,000			110,000
26	Total expenses and disbursements. Add lines 24 and 25	134,148		23,383	110,875
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-113,505
b	Net investment income (if negative, enter -0-)			93,489
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	473,026	307,259	307,259
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	167,584	List of Attached Documents: // Content 95,264	77,822
	b	Investments—corporate stock (attach schedule).......	3,235,305	List of Attached Documents: // Content 3,164,053	3,694,471
	c	Investments—corporate bonds (attach schedule).......	585,534	List of Attached Documents: // Content 612,964	584,432
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	221,459	List of Attached Documents: // Content 389,863	405,532
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,682,908	4,569,403	5,069,516
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	4,682,908	4,569,403
	29	Total net assets or fund balances (see instructions).....	4,682,908	4,569,403
	30	Total liabilities and net assets/fund balances (see instructions).	4,682,908	4,569,403

Part III

Analysis of Changes in Net Assets or Fund Balances

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

4,682,908

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

-113,505

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

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

4,569,403

Decreases not included in line 2 (itemize) right arrow

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

4,569,403

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
1 a	PUBLICLY TRADED SECURITIES
b	Capital Gains Dividends	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	999,990	1,097,784	-97,794
b	1,565		1,565
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-97,794
b			1,565
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-96,229
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	1,299
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	1,299
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	1,299
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	6,537
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	6,537
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	5,238
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax5,238	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

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

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

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

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

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

Yes

Website address right arrow

N/A

The books are in care of right arrow

RICHARD MINER AND CORINNE NAGY Telephone no. right arrow

(617) 642-9831

Located at right arrow

2 HEMLOCK STCAMBRIDGEMA ZIP+4 right arrow

02138

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

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

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

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

16 No

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

Form 990-PF (2023)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

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

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

1a(5)

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

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

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

1a(6)

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

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

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

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

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

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

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

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

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

If "Yes," list the years right arrow

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2023)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
RICHARD A MINER	TRUSTEE 1.00	0	0	0
2 HEMLOCK RD CAMBRIDGE,MA02138	TRUSTEE 1.00	0	0	0
CORINNE G NAGY	TRUSTEE 1.00	0	0	0
2 HEMLOCK RD CAMBRIDGE,MA02138	TRUSTEE 1.00	0	0	0

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


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

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 arrow

Part VIII-A

Summary of Direct Charitable Activities

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2023)

Page 8

Part IX

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

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

purposes:

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

4,314,623

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

478,700

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

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

4,793,323

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

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

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

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

4,793,323

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

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

71,900

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

4,721,423

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

236,071

Part X

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

and do not complete this part.)

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

236,071

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

1,299

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

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

1,299

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

234,772

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

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

234,772

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

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

234,772

Part XI

Qualifying Distributions (see instructions)

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

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

110,875

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

110,875

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				234,772
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......			89,779
b Total for prior years:20 , 20, 20		0
3 Excess distributions carryover, if any, to 2022:
a From 2018......
b From 2019......
c From 2020......
d From 2021......
e From 2022......
f Total of lines 3a through e ........	0
4Qualifying distributions for 2023 from Part
XI, line 4: $ 110,875
a Applied to 2022, but not more than line 2a			89,779
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.....				21,096
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2023.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........		0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........				213,676
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......	0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...	0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....
c Excess from 2021....
d Excess from 2022....
e Excess from 2023....

Form 990-PF (2023)

Page 10

Part XIII

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

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

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

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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

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

Check here right arrow

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

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

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

cAny submission deadlines:

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

Form 990-PF (2023)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
GULF OF MAINE RESEARCH INSTITUTE 350 COMMERCIAL ST PORTLAND,ME04101	N/A	PUBLIC CHARITY	GENERAL SUPPORT	60,000
IDEAS IN ACTION 1400 ONE KENDALL SQ CAMBRIDGE,MA02139	N/A	PUBLIC CHARITY	GENERAL SUPPORT	50,000
Total ................................. 3a				110,000

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2023)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14
4 Dividends and interest from securities ....			14	116,820
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 .....			14	52
8 Gain or (loss) from sales of assets other than inventory ............			18	-96,229
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		20,643	0

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

20,643

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2023)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

MINER-NAGY FAMILY FOUNDATION

EIN:

84-6863123

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING & TAX PREPARATION	3,750	3,000		750

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

MINER-NAGY FAMILY FOUNDATION

EIN:

84-6863123

Name of Bond	End of Year Book Value	End of Year Fair Market Value
UNIFORM MBS POOL FIXED OUPON MONTHLY	91,944	84,699
CITIGROUP INC BOND PERPETUAL	7,930	7,083
MET LIFE BOND PERPETUAL	7,276	6,626
UNITED AIR LINES HLDGS NOTE	7,904	7,901
DELTA AIR LINES NOTE	6,278	6,203
TEVA PHARMACEUTICAL FIN NETH NOTE	6,612	6,481
NAVIENT CORP MTN	8,678	8,689
STARWOOD PPTY TR SER B	6,044	5,920
HOWMET AEROSPACE INC	7,206	7,091
EMBRAER NETHERLANDS BV NOTE	6,796	6,954
APA CORP NOTE	6,595	6,541
NEWFIELD EXPL CO NOTE	7,309	7,000
WESTERN DIGITAL CORP NOTE	7,403	6,867
MATADOR RES CO SER B	8,135	7,934
FORD MTR CO DEL NOTE	6,110	6,534
AECOM NOTE	6,342	5,957
NUSTAR LOGISTICS LP NOTE	7,334	6,970
OLIN CORP	5,786	5,817
ENCOMPASS HEALTH CORP NOTE	8,099	7,654
SALIGEN HLDGS INC SER B	8,100	7,640
DISCOVERY COMM	7,457	6,658
DANA INC NOTE	7,205	6,901
SPRINT CAPITAL CRP MTN BE NOTE	10,208	9,752
LAMAR MEDIA CORP SER B	7,286	6,757
CROWN AMERICAS SER B	6,717	6,934
TWILIO INC NOTE	7,951	7,298
ENERGY TRANSFER OPERATING LP	7,881	7,052
PENSKE AUTROMOTIVE GRP INC	8,025	7,116
KB HOME NOTE	7,418	6,689
HASBRO CORP	9,824	9,300
CENTENE CORP DEL SER B	7,326	6,711
BALL CORP	10,868	9,438
CENTRAL GARDEN & PET	7,240	6,367
UNITED RENTALS INC	7,141	6,360
DELL INTL/EMC CORP	7,290	6,150
BOEING CO NOTE	7,689	6,211
CVS HEALTH	8,265	6,623
BK OF AMERICA CORP	9,678	7,922
VERIZON COMM INC	9,021	6,934
WALMART INC NOTE	9,619	6,969
CELANESE US HLDGS NOTE	5,980	6,343
GOLDMAN SACHS GRP NOTE	6,466	6,593
AMERICAN TOWER CORP NOTE	6,193	6,352
SM ENERGY CO NOTE	10,137	9,943
HOWMET AEROSPACE NOTE	1,019	1,026
SBA COMM SER B NOTE	9,663	9,603
CLEVELAND CLIFFS NEW B NOTE	8,166	7,971
NRG ENERGY SER B NOTE	5,858	5,978
ATT INC NOTE	5,951	6,234
CHENIERE ENERGY PRTN SER B	6,140	6,695
MORGAN STANLEY MNT CALL	6,962	6,818
YUM BRANDS NOTE	6,333	6,313
CCO HLDGS SER B NOTE	7,755	7,708
BROADCOM INC SER B NOTE	6,602	6,715
CALLON PETE SER B NOTE	5,947	5,972
SLM CORP NOTE	6,165	6,527
JP MORGAN CHASE NOTE	13,327	13,590
METHANEX CORP NOTE	6,595	6,838
TENET HEALTH SER B	6,857	6,843
MCDONALDS CORP MTN CALL	6,893	7,121
NETFLIX INC SER B	6,091	6,317
CROWN CASTLE NOTE	7,699	6,737
ENLINK MIDSTREAM LLC NOT	6,455	6,849
US BANCORP SER CC	6,015	6,164
ATI INC NOTE	8,034	7,456
HILTON DOMESTIC OPER SER B	6,551	6,784
WELLS FARGO BOND PERPETUAL	5,932	5,937
SOUTHWEST ENERGY NOTE	5,610	5,859
WALGREENS BOOTS NOTE	10,083	10,563
CAMPBELL SOUP CO NOTE	6,645	6,934
OCCIDENTAL PETE CORP SER B	6,826	6,825
TRUST FINL SER G	6,024	6,121

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

MINER-NAGY FAMILY FOUNDATION

EIN:

84-6863123

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ESHARES GLOBAL INST CL	150,050	85,849
JANUS HENDERSON GLOB TECH	200,000	185,551
JANUS HENDERSON BALANCED	306,938	318,061
AXIS CAP HLDGS LTD	11,804	13,289
WHITE MOUNTAINS INSURANCE GROUP	17,649	25,585
ITURAN LOCATION & CONTROL ILSP	3,437	5,448
ACI WORLDWIDE INC	12,965	12,393
AIR TRANSPORT SERVICES GRP INC	26,839	17,505
ALIGHT INC CPM	11,559	10,313
ADVANCED AUTO PARTS	5,819	5,188
ARGAN INC	11,140	10,481
ARMSTRONG WORLD INDS	12,940	15,731
ATKORE INTL GROUP INC	9,750	22,400
BJS WHOLESALE CLUB	14,532	23,131
CANNAE HLDGS INC	26,935	14,789
COMPUTER PROGRAMS AND SYSTEMS INC	9,381	3,539
DXC TECHNOLOGY CO	4,815	3,819
EPLUS INC	11,106	18,443
EVOLUTION PETE CORP	2,703	3,108
FS KKR CAP CORP	7,975	7,389
GMS INC	1,873	3,709
GENWORTH FINL INC CL A	8,085	15,645
INGLES MARKETS INC	6,287	11,833
MSC INDUSTRIAL DIRECT CO	4,261	5,974
MCGRATH RENT CORP	16,093	24,522
MURPHY USA INC	6,599	18,541
NCR VOYIX	7,743	7,187
NEWMARK GROUP INC	1,730	1,841
PARK AEROSPACE CORP	6,111	6,953
PATTERSON COS INC	8,623	8,137
PREMIERE INC	4,487	2,907
SM ENERGY CO	10,838	11,190
SP PLUS CORP	14,047	24,036
SOUTHWEST GAS HLDGS INC	10,057	9,756
TRIMAS CORP	7,021	6,940
UNIFIRST CORP	23,000	20,486
VIAD CORP	8,919	10,064
AON PLC CL A	21,242	25,028
AERCAP HLDGS NV	30,598	42,585
ALPHABET INC	46,829	64,828
AMAZON INC	87,862	94,507
CAPITAL ONE FNCL CORP	27,513	32,649
COMCAST CORP	42,329	34,422
META PLATFORMS INC CL A	37,693	67,606
GENERAL ELECTRIC CO NEW	31,249	49,648
GOLDMAN SACHS GRP INC	43,047	50,150
HILTON WORLDWIDE	17,982	26,039
LIBERTY BROADBAND SER C	55,358	29,899
MARRIOTT INTL INC	16,296	24,806
MICROSOFT CORP	53,103	85,361
NETFLIX INC	21,652	47,228
PROSUS NV ADR	25,367	21,450
SANFRAN SA UNSPON ADR	35,219	45,851
UNITED HEALTH GROUP	26,655	41,065
VISA INC NOTE	12,500	16,142
WELLS FARGO CO NEW	36,996	47,350
WOODWARD INC	18,789	21,509
CHUBB LTD COM	18,826	29,606
ABBOT LABORATORIES	25,485	28,068
ABBVIE INC	30,661	50,985
APPLE INC	29,532	53,908
BK OF AMERICA CORP	47,967	60,101
BRISTOL MYERES SQUIB CO	33,331	28,580
CHEVERON CORP NEW	40,136	64,288
CISCO SYSTEMS INC	35,453	40,517
EMERSON ELECTRIC CO	22,986	33,092
GENERAL MILLS INC	17,545	19,021
HONEYWELL INT'L INC	24,127	30,618
JP MORGAN CHASE	42,546	68,040
JOHNSON & JOHNSON	27,490	28,683
KINDER MORGAN INC	19,205	25,190
LEGGETT & PLATT INC	33,387	22,637
LOCKHEED MARTIN CORP	38,703	46,684
M & T BANK CORP	17,868	19,877
MCDONALDS CORP	28,508	42,104
MERCK & CO INC	24,945	35,868
MICROSOFT CORP	38,133	71,072
NORFOLK SOUTHERN CORP	38,388	44,912
NUCOR CORP	22,136	68,224
PNC FINANCIAL SERVICES GRP	23,480	28,183
PPL CORP	35,448	36,531
PEPSICO INC	22,790	29,043
PFIZER INC	19,712	16,180
PROCTOR & GAMBLE	21,850	25,644
QUALCOMM INC	33,957	43,968
WALMART INC	29,239	35,471
WASTE MANAGEMENT INC	24,778	40,477
WP CAREY INC	21,523	21,776
ASBURY AUTOMOTIVE	4,734	6,299
EVERTEC INC	12,683	15,148
KELLY SERVICES INC	5,427	5,686
PERMIAN RESOURCES	8,459	13,831
RADIAN GROUP INC	5,209	7,594
SUMMIT MALTS INC	6,468	9,923
VONTIER CORP	12,203	16,584
YELP INC	7,379	10,888
BARON HEALTCARE FUND	50,000	51,682
ELEVANCE HEALTH INC	29,387	33,952
CONOCO PHILIPS	62,105	68,365
SHELL PLC	47,707	57,575
DEERE & CO	24,461	27,591
TE CONNECTIVITY	24,289	27,257
CABLE ONE INC	9,053	7,236
DELEK US HLDGS	8,768	8,024
EMBECTA CORP	7,071	6,758
ENVISTA HOLDINGS	5,606	6,135
FORWARD AIR	4,503	2,829
MDU RESOURCES	6,685	6,910
NMI HOLDINGS	4,513	6,500
NCR ATLEOS CORP	5,095	5,149
NORTHWESTERN ENERGY GROPP	13,255	11,908
NOW INC	2,515	3,068
PMM RESOURCES	5,660	5,450
TALEN ENERGY CORP	4,512	4,608
TRIP ADVISOR INC	8,576	10,076
WORLD KINECT CORP	3,583	3,098
CORECIVIC INC COM	9,016	15,881
GEO GROUP INC	5,692	7,116
BAYER AG	29,550	18,359
CHARTER COMMUNICATION	7,156	8,162
OCCIDENTAL PETE COM	8,099	7,762
SAP ADR REP 1 ORD	27,592	32,000
TAIWAN SEMI CONDUCTOR	25,434	28,288
EOG RESOURCES	18,815	20,441
LOWES COMPANIES	29,784	33,382
MONDELEZ INTL INC	30,484	33,752

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

MINER-NAGY FAMILY FOUNDATION

EIN:

84-6863123

US Government Securities - End of Year Book Value:

65,586

US Government Securities - End of Year Fair Market Value:

53,901

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

29,678

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

23,921

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

MINER-NAGY FAMILY FOUNDATION

EIN:

84-6863123

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
TFG GODDARD MEMORIAL DR REIT	AT COST	44,870	50,000
TFG ONE DULLES CORRIDOR REIT	AT COST	48,055	50,000
TFG STERLING DR REIT	AT COST	25,000	25,000
TFG ATLAS REIT	AT COST	48,125	50,000
TFG DARTMOUTH REIT	AT COST	50,000	50,000
TRITOWER FINANCIAL LLC	AT COST	99,105	99,105
MSILF TREASURY INST	AT COST	23,174	23,174
ISHARES TR SHORT TREAS	AT COST	14,961	14,978
PROSHARES BITCOIN STRATEGIC	AT COST	36,573	43,275

- TIN:

TY 2023 OtherExpensesSchedule

Name:

MINER-NAGY FAMILY FOUNDATION

EIN:

84-6863123

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MA PC ANNUAL FILIG FEES	125	0		125

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

MINER-NAGY FAMILY FOUNDATION

EIN:

84-6863123

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
GRAYSCALE BITCOIN TR	52	52	52

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

MINER-NAGY FAMILY FOUNDATION

EIN:

84-6863123

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES	20,016	20,126		0

- TIN:

TY 2023 TaxesSchedule

Name:

MINER-NAGY FAMILY FOUNDATION

EIN:

84-6863123

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX ON INVESTMENT INCOME	257	257		0