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
Independence Blue Cross Foundation
 
% G KENNETH ROBINSON III
Number and street (or P.O. box number if mail is not delivered to street address)1901 MARKET STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA19103
A Employer identification number

36-4685801
B Telephone number (see instructions)

(215) 241-4065
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$131,340,037J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 10,354,932
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,488,478 3,210,733  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,483,933
b Gross sales price for all assets on line 6a 31,001,625
7 Capital gain net income (from Part IV, line 2)... 1,483,933
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
209,140 4,471 0
12 Total. Add lines 1 through 11........ 15,536,483 4,699,137 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
8,535 0 0 8,535
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
18,000 0 0 18,000
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,652,599 405,915 0 1,246,684
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
81,505 0 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 33,731     33,731
22 Printing and publications.......... 13,222     13,222
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
156,849 0 0 -4,944
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,964,441 405,915 0 1,315,228
25 Contributions, gifts, grants paid....... 8,466,130 9,352,252
26 Total expenses and disbursements. Add lines 24 and 25 10,430,571 405,915 0 10,667,480
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,105,912
b Net investment income (if negative, enter -0-) 4,293,222
c Adjusted net income (if negative, enter -0-)... 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............. 3,900,690 10,411,846 10,411,846
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow403,470
Less: allowance for doubtful accounts right arrow   416,175 403,470 403,470
4 Pledges receivable right arrow10,000,000
Less: allowance for doubtful accounts right arrow   0 10,000,000 10,000,000
5 Grants receivable................. 206,036 573,156 573,156
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.......... 23,980 0 0
10a Investments—U.S. and state government obligations (attach schedule) 10,726,613 Click to see attachment
List of Attached Documents:
// Content
9,575,007 		9,575,007
b Investments—corporate stock (attach schedule)....... 31,960,615 Click to see attachment
List of Attached Documents:
// Content
26,713,360 		26,713,360
c Investments—corporate bonds (attach schedule)....... 14,826,803 Click to see attachment
List of Attached Documents:
// Content
15,661,101 		15,661,101
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).......... 55,940,029 Click to see attachment
List of Attached Documents:
// Content
58,002,097 		58,002,097
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 118,000,941 131,340,037 131,340,037
Liabilities 17 Accounts payable and accrued expenses.......... 138,383 49,765
18 Grants payable................. 707,098 957,250
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 521 210,526
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
152,485
23 Total liabilities (add lines 17 through 22)......... 846,002 1,370,026
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........... 117,154,939 129,970,011
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)..... 117,154,939 129,970,011
30 Total liabilities and net assets/fund balances (see instructions). 118,000,941 131,340,037
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
117,154,939
2
Enter amount from Part I, line 27a .....................
2
5,105,912
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
11,625,844
4
Add lines 1, 2, and 3 ..........................
4
133,886,695
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
3,916,684
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
129,970,011
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 31,001,625   29,517,692 1,483,933
b
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       1,483,933
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,483,933
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 59,676
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 59,676
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 59,676
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 40,302
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 30,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 70,302
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 10,626
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow10,626 Refundedright arrow 11  
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 arrowPA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowwww.ibxfoundation.org
14
The books are in care ofright arrowG KENNETH ROBINSON III Telephone no.right arrow (215) 241-4065

Located atright arrow1901 MARKET STREETPHILADELPHIAPA ZIP+4right arrow19103
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)
Yes
 
(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)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
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
 
 
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
CHARISSE R LILLIE ESQ CHAIRMAN OF BOARD OF DIRECTORS
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
LORINA L MARSHALL-BLAKE PRESIDENT/DIRECTOR
1.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
JUAN A LOPEZ JR TREASURER
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
JESSICA C LAMANNA ESQ SECRETARY
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
JOAN P HILFERTY DIRECTOR
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
CHRISTOPHER CASHMAN DIRECTOR
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
RICHARD L SNYDER M D DIRECTOR
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
NICHOLAS A GIORDANO DIRECTOR
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
SIDNEY HARGRO DIRECTOR
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
PAMELA SARNE-MCCORMICK DIRECTOR
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
ROBERTA WAITE DIRECTOR
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
VALERIE HJELM ESQ ASSISTANT SECRETARY
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
 
Total number of other employees paid over $50,000...................right arrow  
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
 
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 NONE  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
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
103,172,891
b
Average of monthly cash balances.......................
1b
16,523,620
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
119,696,511
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
119,696,511
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,795,448
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
117,901,063
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
5,895,053
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
5,895,053
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
59,676
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
59,676
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
5,835,377
4
Recoveries of amounts treated as qualifying distributions................
4
886,122
5
Add lines 3 and 4............................
5
6,721,499
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
6,721,499
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
10,667,480
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
10,667,480
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 6,721,499
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:2021, 2020, 2019 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 1,893,815
b From 2019...... 1,506,763
c From 2020...... 1,485,257
d From 2021...... 2,024,522
e From 2022...... 6,156,600
f Total of lines 3a through e ........ 13,066,957
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 10,667,480
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 6,721,499
e Remaining amount distributed out of corpus 3,945,981
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 17,012,938
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...... 		 
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		1,893,815
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		15,119,123
10 Analysis of line 9:
a Excess from 2019.... 1,506,763
b Excess from 2020.... 1,485,257
c Excess from 2021.... 2,024,522
d Excess from 2022.... 6,156,600
e Excess from 2023.... 3,945,981
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).)
NONE
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.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
wwwibxfoundationorg
1901 Market Street 37th Floor
Philadelphia,PA19103
(855) 422-3386
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS ARE SUBMITTED TO THE FOUNDATION THROUGH ITS WEBSITE (WWW.IBXFOUNDATION.ORG), WHICH DESCRIBES SEVERAL CATEGORIES OF GRANT APPLICATIONS THAT MAY BE ACCEPTED BY THE FOUNDATION. THESE INCLUDE APPLICATIONS FOR GRANTS TO SUPPORT "SAFETY NET CLINICS" THAT PROVIDE MEDICAL SERVICES TO VULNERABLE POPULATIONS IN UNDERSERVED AREAS OF THE COMMUNITY, GRANTS TO NURSING SCHOOLS TO FUND STUDENT SCHOLARSHIPS, AND "INNOVATION GRANTS" SUPPORTING INNOVATIVE PROJECTS AND INITIATIVES THAT SEEK TO ADVANCE THE PRACTICE AND DELIVERY OF HEALTHCARE. THE FORM OF APPLICATION, THE INFORMATION AND MATERIALS REQUIRED TO BE INCLUDED, SUBMISSION DEADLINES, GRANT CRITERIA, AND THE FORM OF GRANT AGREEMENT TO BE ENTERED INTO WITH THE FOUNDATION MAY VARY DEPENDING ON THE TYPE OF GRANT SOUGHT BY THE APPLICANT. THE WEBSITE INCLUDES CONTACT INFORMATION IF ADDITIONAL INFORMATION IS NEEDED.
cAny submission deadlines:
SUBMISSION DEADLINES MAY VARY DEPENDING ON THE TYPE OF GRANT SOUGHT BY THE APPLICANT.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
IN GENERAL, THE FOUNDATION SEEKS TO SUPPORT, ADVANCE, AND RAISE FUND FOR HEALTH CARE, HEALTH EDUCATION, WELLNESS, MEDICAL TRAINING AND MEDICAL RESEARCH. MORE SPECIFICALLY, THE FOUNDATION IS INTERESTED IN MAKING GRANTS THAT FURTHER ITS CORE MISSION OF ENHANCING THE DELIVERY OF HEALTHCARE AND IMPROVING HEALTH, WELLNESS AND QUALITY OF LIFE IN COMMUNITIES THROUGHOUT SOUTHEASTERN PENNSYLVANIA. THE FOUNDATION'S GOALS INCLUDE IMPROVING ACCESS TO QUALITY, AFFORDABLE HEALTHCARE; SUPPORTING EDUCATION IN HEALTH-RELATED VOCATIONS; AND SUPPORTING PROGRAMS TO IMPROVE HEALTH AND WELLNESS. AT PRESENT, GRANT AWARDS ARE GENERALLY LIMITED TO RECIPIENTS LOCATED IN, OR CARRYING OUT GRANT PURPOSES IN, THE FOLLOWING PENNSYLVANIA COUNTIES: PHILADELPHIA MONTGOMERY, DELAWARE, BUCKS AND CHESTER.
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

Abington Health Foundation

1200 Old York Road
Abington,PA19001 		NONE PC Access to Care - general operating support 50,000

Albert Einstein Medical Center

5501 Old York Road
Philadelphia,PA19141 		NONE PC Access to Care - general operating support 50,000

Ann Silverman Community Health Clinic

595 W State Street
Doylestown,PA18901 		NONE PC Access to Care - general operating support 50,000

Association of Recovery in Higher Education

PO Box 1541
Kennesaw,GA30156 		NONE PC Access to Care - STOP - Collegiate Recovery 125,000

Augustinian Defenders Of The Rights Of The Poor

2130 South 21st Street
Philadelphia,PA19145 		NONE PC Access to Care - general operating support 15,000

Bucks County Community College Foundation

275 Swamp Road
Newtown,PA18940 		NONE PC Access to Care - STOP - Collegiate Recovery 25,000

Bucks County Community College Foundation

275 Swamp Road
Newtown,PA18940 		NONE PC Healthcare Workforce - Nursing Scholarships 25,625

Cabrini University

610 King of Prussia Rd
Radnor,PA19087 		NONE PC Healthcare Workforce - Nursing Scholarships 4,562

CH Pennsylvania Under - 21

31 E Armat Street
Philadelphia,PA19144 		NONE PC Access to Care - general operating support 15,000

ChesPenn Health Services Inc

1510 Chester Pike
Suite 200
Eddystone,PA19022 		NONE PC Access to Care - general operating support 50,000

ChesPenn Health Services Inc

1510 Chester Pike
Suite 200
Eddystone,PA19022 		NONE PC Access to Care - general operating support 75,000

ChesPenn Health Services Inc

1510 Chester Pike
Suite 200
Eddystone,PA19022 		NONE PC Access to Care - general operating support 50,000

Community College of Philadelphia Foundation

1700 Spring Garden Street
Philadelphia,PA19130 		NONE PC Access to Care - STOP - Collegiate Recovery 12,500

Community College of Philadelphia Foundation

1700 Spring Garden Street
Philadelphia,PA19130 		NONE PC Healthcare Workforce - Nursing Scholarships 33,541

Community College of Philadelphia Foundation

1700 Spring Garden Street
Philadelphia,PA19130 		NONE PC Healthcare Workforce - Nursing Scholarships 32,000

Community Volunteers In Medicine Inc

300 Lawrence Drive
Suite B
West Chester,PA19380 		NONE PC Access to Care - general operating support 100,000

Congreso de Latinos Unidos Inc

216 W Somerset Street
Philadelphia,PA19133 		NONE PC Access to Care - general operating support 50,000

Delaware County Community College Educational Foun

901 S Media Line Road
Media,PA19063 		NONE PC Healthcare Workforce - Nursing Scholarships 45,884

Delaware Valley Community Health Inc

1412 Fairmount Avenue
Philadelphia,PA19130 		NONE PC Access to Care - general operating support 75,000

Delaware Valley Community Health Inc

1412 Fairmount Avenue
Philadelphia,PA19130 		NONE PC Access to Care - general operating support 40,000

Delaware Valley Community Health Inc

1412 Fairmount Avenue
Philadelphia,PA19130 		NONE PC Access to Care - general operating support 10,000

Delaware Valley Community Health Inc

1412 Fairmount Avenue
Philadelphia,PA19130 		NONE PC Access to Care - general operating support 100,000

Delaware Valley Community Health Inc

1412 Fairmount Avenue
Philadelphia,PA19130 		NONE PC Access to Care - general operating support 75,000

Drexel University

3141 Chestnut Street
Philadelphia,PA19104 		NONE PC Healthcare Workforce - Nursing Internship Program 7,500

Drexel University

3141 Chestnut Street
Philadelphia,PA19104 		NONE PC Access to Care - general operating support 50,000

Drexel University

3141 Chestnut Street
Philadelphia,PA19104 		NONE PC West Philadelphia Initiative Evaluation 162,750

Drexel University

3141 Chestnut Street
Philadelphia,PA19104 		NONE PC Healthcare Workforce - Nursing Scholarships 117,795

Eastern Center for Arts and Technology Foundation

3075 Terwood Road
Willow Grove,PA19090 		NONE PC Healthcare Workforce - Nursing Scholarships 4,964

Eastern University

1300 Eagle Road
St Davids,PA19087 		NONE PC Access to Care - STOP - Collegiate Recovery 25,000

Eastern University

1300 Eagle Road
St Davids,PA19087 		NONE PC Healthcare Workforce - Nursing Scholarships 10,331

Esperanza Health Center Inc

4417 N 6th Street
Philadelphia,PA19140 		NONE PC Access to Care - general operating support 25,000

Esperanza Health Center Inc

4417 N 6th Street
Philadelphia,PA19140 		NONE PC Access to Care - general operating support 50,000

Esperanza Health Center Inc

4417 N 6th Street
Philadelphia,PA19140 		NONE PC Access to Care - general operating support 75,000

Esperanza Health Center Inc

4417 N 6th Street
Philadelphia,PA19140 		NONE PC Access to Care - Medicaid Redetermination 15,000

Face to Face Inc

109 E Price Street
Philadelphia,PA19144 		NONE PC Access to Care - general operating support 15,000

Free Clinic Association of Pennsylvania

2520 Green Tech Drive
Suite D
State College,PA16801 		NONE PC Access to Care - Free Clinic capacity building 55,000

Fund for the School District of Philadelphia

30 S 17th Street
11th Floor
Philadelphia,PA19130 		NONE PC Access to Care - Back-to-School Bus Tour 75,000

Fund for Girard College

2101 S College Avenue
Philadelphia,PA19121 		NONE PC Access to Care - Mental Health Initiative - School 100,000

Greater Philadelphia Health Action

1401 S 31st Street
2nd Floor
Philadelphia,PA19146 		NONE PC Access to Care - general operating support 100,000

Gwynedd Mercy University

1325 Sumneytown Pike
Gwynedd Valley,PA19437 		NONE PC Healthcare Workforce - Nursing Scholarships 69,765

Gwynedd Mercy University

1325 Sumneytown Pike
Gwynedd Valley,PA19437 		NONE PC Healthcare Workforce - Nursing Scholarships 10,300

Harcum College

750 Montgomery Avenue
Bryn Mawr,PA19010 		NONE PC Access to Care - general operating support 35,000

Harcum College

750 Montgomery Avenue
Bryn Mawr,PA19010 		NONE PC Healthcare Workforce - Nursing Scholarships 10,733

Harcum College

750 Montgomery Avenue
Bryn Mawr,PA19010 		NONE PC Access to Care - STOP - Collegiate Recovery 50,000

Neumann University

1 Neumann Drive
Aston,PA19014 		NONE PC Healthcare Workforce - Nursing Scholarships 35,000

Holy Family University

9801 Frankford Avenue
Philadelphia,PA19114 		NONE PC Access to Care - STOP - Collegiate Recovery 25,000

Holy Family University

9801 Frankford Avenue
Philadelphia,PA19114 		NONE PC Healthcare Workforce - Nursing Scholarships 133,492

Immaculata University

1145 King Road
Immaculata,PA19345 		NONE PC Healthcare Workforce - Nursing Scholarships 32,736

Immaculata University

1145 King Road
Immaculata,PA19345 		NONE PC Access to Care - STOP - Collegiate Recovery 48,100

Kids Smiles Inc

219 B Chester Pike
Norwood,PA19074 		NONE PC New Initiative - NCQA Health Equity Accreditation 240,000

Kids Smiles Inc

219 B Chester Pike
Norwood,PA19074 		NONE PC Access to Care - Medicaid Redetermination 15,000

Kids Smiles Inc

219 B Chester Pike
Norwood,PA19074 		NONE PC Access to Care - general operating support 20,000

Kids Smiles Inc

219 B Chester Pike
Norwood,PA19074 		NONE PC Access to Care - general operating support 75,000

Kids Smiles Inc

219 B Chester Pike
Norwood,PA19074 		NONE PC Access to Care - general operating support 75,000

La Salle University

1900 W Olney Avenue
Philadelphia,PA19141 		NONE PC Healthcare Workforce - Nursing Scholarships 83,047

Lansdale Hospital Corporation

51 Medical Campus Drive
Lansdale,PA19446 		NONE PC Access to Care - general operating support 35,000

Lansdale Hospital Corporation

51 Medical Campus Drive
Lansdale,PA19446 		NONE PC Access to Care - Medicaid Redetermination 5,000

LCH Health and Community Services

731 West Cypress Street
Kennett Square,PA19348 		NONE PC New Initiative - NCQA Health Equity Accreditation 69,800

LCH Health and Community Services

731 West Cypress Street
Kennett Square,PA19348 		NONE PC Access to Care - Medicaid Redetermination 10,000

LCH Health and Community Services

731 West Cypress Street
Kennett Square,PA19348 		NONE PC Access to Care - general operating support 75,000

LCH Health and Community Services

731 West Cypress Street
Kennett Square,PA19348 		NONE PC Access to Care - general operating support 25,000

LCH Health and Community Services

731 West Cypress Street
Kennett Square,PA19348 		NONE PC Access to Care - general operating support 50,000

Lincoln University

1570 Baltimore Pike
Lincoln University,PA19352 		NONE PC Healthcare Workforce - Nursing Scholarships 1,610

Manor College

700 Fox Chase Road
Jenkintown,PA19046 		NONE PC Access to Care - general operating support 20,000

Mazzoni Center

1348 Bainbridge Street
Philadelphia,PA19147 		NONE PC Healthcare Workforce - Nursing Internship Program 7,500

Mazzoni Center

1348 Bainbridge Street
Philadelphia,PA19147 		NONE PC New Initiative - NCQA Health Equity Accreditation 49,125

Mazzoni Center

1348 Bainbridge Street
Philadelphia,PA19147 		NONE PC Access to Care - general operating support 75,000

Mazzoni Center

1348 Bainbridge Street
Philadelphia,PA19147 		NONE PC Access to Care - Medicaid Redetermination 5,000

Montgomery County Community College Foundation

340 DeKalb Pike
Blue Bell,PA19422 		NONE PC Access to Care - STOP - Collegiate Recovery 12,500

Montgomery County Community College Foundation

340 Dekalb Pike
Blue Bell,PA19422 		NONE PC Healthcare Workforce - Nursing Scholarships 27,369

Montgomery County Community College Foundation

340 Dekalb Pike
Blue Bell,PA19422 		NONE PC Healthcare Workforce - Nursing Scholarships 21,000

Neumann University

1 Neumann Drive
Aston,PA19014 		NONE PC Access to Care - STOP - Collegiate Recovery 25,000

Neumann University

1 Neumann Drive
Aston,PA19014 		NONE PC Healthcare Workforce - Nursing Scholarships 55,409

Oshun Family Center

1620 W Sparks Street
Philadelphia,PA19141 		NONE PC Institute for Health Equity 250,000

Pathways to Housing PA

5201 Old York Road
Fourth Floor
Philadelphia,PA19141 		NONE PC Access to Care - general operating support 15,000

Pathways to Housing PA

5201 Old York Road
Fourth Floor
Philadelphia,PA19141 		NONE PC Access to Care - Medicaid Redetermination 5,000

Pennsylvania State University Philanthropic Fund

408 Old Main
University Park,PA16802 		NONE PC Healthcare Workforce - Nursing Scholarships 671

Pennsylvania State University Philanthropic Fund

408 Old Main
University Park,PA16802 		NONE PC Access to Care - STOP - Collegiate Recovery 50,000

HopePHL

325 N 39th Street
Philadelphia,PA19104 		NONE PC Access to Care - general operating support 15,000

Philadelphia College of Osteopathic Medicine Found

4180 City Avenue
Philadelphia,PA19131 		NONE PC Access to Care - general operating support 27,160

Philadelphia College of Osteopathic Medicine Found

4180 City Avenue
Philadelphia,PA19131 		NONE PC Access to Care - general operating support 37,280

Philadelphia College of Osteopathic Medicine Found

4180 City Avenue
Philadelphia,PA19131 		NONE PC Access to Care - general operating support 27,860

Philadelphia FIGHT

1233 Locust Street
3rd Floor
Philadelphia,PA19107 		NONE PC Access to Care - general operating support 50,000

Please Touch Museum

4231 Avenue of the Republic
Philadelphia,PA19131 		NONE PC Access to Care - Ready, Set, School Campaign 50,000

Project HOME

1515 Fairmount Avenue
Philadelphia,PA19130 		NONE PC Healthcare Workforce - Nursing Internship Program 7,500

Project HOME

1515 Fairmount Avenue
Philadelphia,PA19130 		NONE PC Access to Care - general operating support 50,000

Project HOME

1515 Fairmount Avenue
Philadelphia,PA19130 		NONE PC Access to Care - Medicaid Redetermination 10,000

Prostate Cancer Foundation

1250 4th Street
Santa Monica,CA90401 		NONE PC Institute for Health Equity - Research 100,000

Public Good Projects

401 Park Avenue S
10th Floor
New York,NY10016 		NONE PC Institute for Health Equity 116,209

Public Health Management Corporation

1500 Market Street
Philadelphia,PA19102 		NONE PC Healthcare Workforce - Nursing Internship Program 22,500

Public Health Management Corporation

1500 Market Street
Philadelphia,PA19102 		NONE PC West Philadelphia Initiative (restricted funds) 500,000

Public Health Management Corporation

1500 Market Street
Philadelphia,PA19102 		NONE PC West Philadelphia Initiative Evaluation 520,152

Public Health Management Corporation

1500 Market Street
Philadelphia,PA19102 		NONE PC Access to Care - Medicaid Redetermination 15,000

Public Health Management Corporation

1500 Market Street
Philadelphia,PA19102 		NONE PC Access to Care - general operating support 50,000

Public Health Management Corporation

1500 Market Street
Philadelphia,PA19102 		NONE PC Access to Care - general operating support 50,000

Public Health Management Corporation

1500 Market Street
Philadelphia,PA19102 		NONE PC Access to Care - general operating support 15,000

Public Health Management Corporation

1500 Market Street
Philadelphia,PA19102 		NONE PC Access to Care - general operating support 50,000

Public Health Management Corporation

1500 Market Street
Philadelphia,PA19102 		NONE PC Access to Care - general operating support 50,000

Puentes de Salud

1700 South Street
Philadelphia,PA19146 		NONE PC Access to Care - general operating support 50,000

Resources for Human Development Inc

4700 Wissahickon Avenue
Suite 126
Philadelphia,PA19144 		NONE PC Access to Care - Medicaid Redetermination 10,000

Resources for Human Development Inc

4700 Wissahickon Avenue
Suite 126
Philadelphia,PA19144 		NONE PC Access to Care - general operating support 60,000

Resources for Human Development Inc

4700 Wissahickon Avenue
Suite 126
Philadelphia,PA19144 		NONE PC Access to Care - general operating support 50,000

Resources for Human Development Inc

4700 Wissahickon Avenue
Suite 126
Philadelphia,PA19144 		NONE PC New Initiative - NCQA Health Equity Accreditation 175,000

Salus University

8360 Old York Road
Elkins Park,PA19027 		NONE PC Access to Care - general operating support 50,000

Spectrum Health Services Inc

5201 Haverford Avenue
Philadelphia,PA19139 		NONE PC Access to Care - general operating support 75,000

Spectrum Health Services Inc

5201 Haverford Avenue
Philadelphia,PA19139 		NONE PC Access to Care - Medicaid Redetermination 10,000

Spectrum Health Services Inc

5201 Haverford Avenue
Philadelphia,PA19139 		NONE PC New Initiative - NCQA Health Equity Accreditation 30,000

St Christopher's Foundation For Children

1800 John F Kennedy Blvd
Suite 1550
Philadelphia,PA19103 		NONE PC Access to Care - general operating support 30,000

St Christopher's Foundation For Children

1800 John F Kennedy Blvd
Suite 1550
Philadelphia,PA19103 		NONE PC Access to Care - Medicaid Redetermination 5,000

St Joseph University

5600 City Avenue
Philadelphia,PA19131 		NONE PC Access to Care - STOP - Collegiate Recovery 12,500

St Joseph University

5600 City Avenue
Philadelphia,PA19131 		NONE PC Access to Care - STOP - Collegiate Recovery 12,500

St Mary Medical Center

1201 Langhorne-Newtown Rd
Langhorne,PA19047 		NONE PC Access to Care - general operating support 75,000

St Mary Medical Center

1201 Langhorne-Newtown Rd
Langhorne,PA19047 		NONE PC Access to Care - Medicaid Redetermination 10,000

Temple University-Of The Commonwealth System of Hi

1805 N Broad Street
Philadelphia,PA19122 		NONE PC Healthcare Workforce - Nursing Scholarships 48,164

The Children's Hospital of Philadelphia Foundation

3401 Civic Center Blvd
Philadelphia,PA19104 		NONE PC Access to Care - Mental Health Initiative - School 250,000

The Children's Hospital of Philadelphia Foundation

3401 Civic Center Blvd
Philadelphia,PA19104 		NONE PC Access to Care - Mental Health Initiative - School 500,000

The Children's Hospital of Philadelphia Foundation

3401 Civic Center Blvd
Philadelphia,PA19104 		NONE PC West Philadelphia Initiative (restricted funds) 250,000

Phoenixville Free Clinic

143 Church Street
Phoenixville,PA19460 		NONE PC Healthcare Workforce - Nursing Internship Program 7,500

Phoenixville Free Clinic

143 Church Street
Phoenixville,PA19460 		NONE PC Access to Care - general operating support 50,000

The Philip Jaisohn Memorial Foundation Inc

6705 Old York Road
Philadelphia,PA19126 		NONE PC Access to Care - general operating support 50,000

The Philip Jaisohn Memorial Foundation Inc

6705 Old York Road
Philadelphia,PA19126 		NONE PC Access to Care - general operating support 45,000

The Philip Jaisohn Memorial Foundation Inc

6705 Old York Road
Philadelphia,PA19126 		NONE PC Access to Care - Medicaid Redetermination 5,000

Thomas Jefferson University

1101 Market Street
Philadelphia,PA19107 		NONE PC Access to Care - STOP - Collegiate Recovery Progr 12,500

Thomas Jefferson University

1101 Market Street
Philadelphia,PA19107 		NONE PC Healthcare Workforce - Nursing Scholarships (Nurse 153,616

Thomas Jefferson University

1101 Market Street
Philadelphia,PA19107 		NONE PC Healthcare Workforce - Nursing Scholarships 79,500

Trustees of the University of Pennsylvania

3451 Walnut Street
Philadelphia,PA19104 		NONE PC Access to Care - general operating support 35,000

Trustees of the University of Pennsylvania

3451 Walnut Street
Philadelphia,PA19104 		NONE PC Access to Care - general operating support 2,500

Trustees of the University of Pennsylvania

3451 Walnut Street
Philadelphia,PA19104 		NONE PC Institute for Health Equity 310,000

Trustees of the University of Pennsylvania

3451 Walnut Street
Philadelphia,PA19104 		NONE PC Institute for Health Equity - Research 218,015

Trustees of the University of Pennsylvania

3451 Walnut Street
Philadelphia,PA19104 		NONE PC West Philadelphia Initiative (restricted funds) 500,000

Trustees of the University of Pennsylvania

3451 Walnut Street
Philadelphia,PA19104 		NONE PC Healthcare Workforce - Nursing Scholarships 75,615

Urban Affairs Coalition

1650 Arch Street
Suite 2701
Philadelphia,PA19103 		NONE PC Institute for Health Equity 15,000

Ursinus College

601 East Main Street
Collegeville,PA19426 		NONE PC Access to Care - STOP - Collegiate Recovery 25,000

Villanova University

800 Lancaster Avanue
Villanova,PA19085 		NONE PC Access to Care - STOP - Collegiate Recovery 25,000

Villanova University

800 Lancaster Avenue
Villanova,PA19085 		NONE PC Healthcare Workforce - Nursing Scholarships 45,481

Villanova University

800 Lancaster Avenue
Villanova,PA19085 		NONE PC Healthcare Workforce - Nursing Scholarships 3,000

Vision To Learn

12100 Wilshire Blvd
Suite 1275
Los Angeles,CA90025 		NONE PC Access to Care - general operating support 60,000

Vision To Learn

12100 Wilshire Blvd
Suite 1275
Los Angeles,CA90025 		NONE PC Access to Care - general operating support 100,000

VisionLink

PO Box 1758
Bensalem,PA19020 		NONE PC Institute for Health Equity 12,500

VNA Community Services Inc

1421 Highland Avenue
Abington,PA19001 		NONE PC Healthcare Workforce - Nursing Internship Program 15,000

VNA Community Services Inc

1421 Highland Avenue
Abington,PA19001 		NONE PC Access to Care - general operating support 40,000

VNA Community Services Inc

1421 Highland Avenue
Abington,PA19001 		NONE PC Access to Care - Medicaid Redetermination 5,000

West Chester University Foundation

202 Carter Drive
West Chester,PA19382 		NONE PC Healthcare Workforce - Nursing Scholarships (Nurse 63,861

Widener University

One University Place
Chester,PA19013 		NONE PC Healthcare Workforce - Nursing Scholarships 85,730
Total .................................right arrow 3a 9,352,252
bApproved for future payment

DREXEL UNIVERSITY
3141 CHESTNUT STREET
PHILADELPHIA,PA19104 		NONE PC ACCESS TO CARE - WEST PHILADELPHIA INITIATIVE 162,750

TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
3451 WALNUT STREET
PHILADELPHIA,PA19104 		NONE PC ACCESS TO CARE - WEST PHILADELPHIA INITIATIVE 500,000

COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION
1700 SPRING GARDEN STREET
PHILADELPHIA,PA19130 		NONE PC HEALTHCARE WORKFORCE 44,500

OSHUN FAMILY CENTER
1620 W SPARKS STREET
PHILADELPHIA,PA19141 		  PC INSTITUTE FOR HEALTH EQUITY 250,000
Total ................................. right arrow 3b 957,250
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 3,488,478  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,483,933  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aGOLF OUTING INCOME 		    42 89,078  
bALTERNATIVE INVESTMENTS       120,062  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   5,181,551  
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,181,551
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
Independence Blue Cross Foundation
 
Employer identification number

36-4685801
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
INOVALON
4321 COLLINGTON ROAD
 
BOWIE, MD20716

$ 13,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
CHARTWELL INVESTMENT PARTNERS
1205 WESTLAKES DRIVE SUITE 100
 
BERWYN, PA19312

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
ELLIOTT-LEWIS CORPORATION
2900 BLACK LAKE PLACE
 
PHILADELPHIA, PA19154

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
MARSH MCLENNAN COMPANIES
1717 ARCH STREET SUITE 1100
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
MULTIPLAN INC
2273 RESEARCH BLVD SUITE 300
 
ROCKVILLE, MD20850

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
OBERMAYER REBMANN MAXWELL AND HIPPE
CENTRE SQ W 1500 MARKET ST SUITE 34
 
PHILADELPHIA, PA19102

$ 5,500


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
7
ACCENTURE
2005 MARKET STREET SUITE 1500
 
PHILADELPHIA, PA19103

$ 23,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
8
LABORERS DISTRICT COUNCIL-PHILAVIC
665 N BROAD STREET 5TH
 
PHILADELPHIA, PA19123

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
9
JOHN J GRIFFIN JR AND FAMILY
1901 MARKET ST
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
10
HATZEL AND BUEHLER INC
1801 MARKET ST STE 2430
 
PHILADELPHIA, PA19103

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
11
DELOITTE AND TOUCHE LLP
1700 MARKET STREET
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
12
INDEPENDENCE HEALTH GROUP INC
1901 MARKET STREET
 
PHILADELPHIA, PA19103

$ 10,000,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
13
AMERICAN HERITAGE CREDIT UNION
2060 RED LION ROAD
 
PHILADELPHIA, PA19115

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
14
AMERIHEALTH CARITAS
100 STEVENS DR
 
PHILADELPHIA, PA19113

$ 13,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
15
CARON TREATMENT CENTERS
PO BOX 150 GALEN HALL ROAD
 
WERNERSVILLE, PA19565

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
16
CONTEMPORARY STAFFING SOLUTIONS
1400 N PROVIDENCE ROAD STE 1025
 
MEDIA, PA19063

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
17
EMERALD ADVISORS
610 FREEDOM BUSINESS CENTER DR
 
KING OF PRUSSIA, PA19406

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
18
LABCORP
1361 PATRICK HENRY DRIVE
 
PHOENIXVILLE, PA19460

$ 11,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
19
MORGAN LEWIS AND BOCKIUS LLP
1701 MARKET ST
 
PHILADELPHIA, PA19103

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
20
OPTUM SERVICES INC
5307 LAKESIDE AVENUE
 
VIRGINIA BEACH, VA23451

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
21
PFM ASSET MANAGEMENT
1735 MARKET STREET
 
PHILADELPHIA, PA19103

$ 10,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
22
POLICE AND FIRE FEDERAL CREDIT UNIO
901 ARCH STREET
 
PHILADELPHIA, PA19107

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
23
SHANNON OUTDOOR ADVERTISING INC
PO BOX 109
 
ARDMORE, PA19003

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
24
UNIVERSAL PRINTING COMPANY
1901 MARKET ST
 
PHILADELPHIA, PA19103

$ 6,500


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
25
FLEXIBLE BENEFIT PLANS
1288 VALLEY FORGE RD
 
PHOENIXVILLE, PA19460

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
26
NATIONAL BOARD OF MEDICAL EXAMINERS
3750 MARKET STREET
 
PHILADELPHIA, PA19104

$ 25,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
27
TANDIGM HEALTH
300 FOUR FALLS CORPORATE
 
WEST CONSHOHOCKEN, PA19428

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
28
PHILADELPHIA COLLEGE OF OSTEOPATHIC
4170 CITY AVENUE
 
PHILADELPHIA, PA19131

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
29
AIM SPECIALTY HEALTH FKA AIM
8600 W BRYN MAWR AVE 800S
 
CHICAGO, IL606313579

$ 8,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
30
EMERSON REID LLC
1787 SENTRY PKWY W STE 300
 
BLUE BELL, PA194222240

$ 6,500


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
31
DIGITAL INSURANCE LLC
1001 FARMINGTON AVE
 
WEST HARTFORD, CT06107

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
32
WDL-EL REAL ESTATE ADVISORY GROUP
13410 PRIESTLY ST
 
PHILADELPHIA, PA19116

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
33
INTERPUBLIC GROUP
909 THIRD AVENUE
 
NEW YORK, NY10022

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
34
STEAMFITTERS LOCAL UNION NO 420
14420 TOWNSEND RD
 
PHILADELPHIA, PA19154

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
35
THE GLENMEDE TRUST COMPANY
1650 MARKET ST SUITE 1200
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
36
PRIME THERAPEUTICS
2900 AMES CROSSING ROAD SUITE 200
 
EAGAN, MN55121

$ 8,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
37
HM LIFE INSURANCE COMPANY
ONE PENN PLAZA SUITE 1520
 
NEW YORK, NY10119

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
38
BRYN MAWR TRUST
1436 LANCASTER AVE
 
BERWYN, PA19312

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
39
INTEGRUM WORKPLACE SOLUTIONS
1700 MARKET STREET
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
40
PWC
2001 MARKET STREET SUITE 1800
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
41
CANON SOLUTIONS AMERICA
1650 MARKET STREET SUITE 360
 
PHILADELPHIA, PA19103

$ 5,500


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
Independence Blue Cross Foundation
  		Employer identification number

36-4685801
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
Independence Blue Cross Foundation
  		Employer identification number

36-4685801
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT EXPENSE 18,000 0 0 18,000

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

TY 2023 DepreciationSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2023 InvestmentsCorpBondsSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Name of Bond End of Year Book Value End of Year Fair Market Value
1011778 BC UNLIMITED LIAB CO 113,100 113,100
AFLAC INC 138,527 138,527
AIR LEASE CORP 106,423 106,423
ALBERTSONS COMPANIES INC 94,000 94,000
AMAZON.COM INC 112,514 112,514
AMERICAN AIRLINES 2016-2 PASS 116,622 116,622
AMERICAN AIRLINES INC 116,150 116,150
AMERICAN AXLE & MANUFACTURING 50,000 50,000
AMERICAN AXLE & MANUFACTURING 35,460 35,460
AMERISOURCEBERGEN CORP 0 0
AMERISOURCEBERGEN CORP 0 0
AMGEN INC 86,954 86,954
ANHEUSER-BUSCH INBEV WORLDWIDE 11,428 11,428
APPLE INC 311,796 311,796
ARAMARK SERVICES INC 0 0
ASCENSION HEALTH 62,827 62,827
ASHTEAD CAPITAL INC 142,406 142,406
AT&T INC 30,086 30,086
AT&T INC 11,729 11,729
AT&T INC 108,482 108,482
AT&T INC 135,490 135,490
AT&T INC 39,560 39,560
AUTONATION INC 336,588 336,588
AUTOZONE INC 63,064 63,064
AUTOZONE INC 148,164 148,164
AVALONBAY COMMUNITIES INC 85,266 85,266
BALL CORP 113,713 113,713
BANK OF AMERICA CORP 107,757 107,757
BANK OF AMERICA CORP 145,835 145,835
BANNER HEALTH 47,206 47,206
BATH & BODY WORKS INC 111,925 111,925
BAXTER INTERNATIONAL INC 89,268 89,268
BEAZER HOMES USA INC 99,750 99,750
BOARDWALK PIPELINES LP 81,084 81,084
BOARDWALK PIPELINES LP 26,577 26,577
BOEING CO 125,512 125,512
BOEING CO 70,686 70,686
BP CAPITAL MARKETS AMERICA INC 119,917 119,917
BROADCOM INC 85,666 85,666
BROADCOM INC 61,056 61,056
BROOKFIELD PROPERTY REIT INC 0 0
CAESARS ENTERTAINMENT INC 90,225 90,225
CALPINE CORP 0 0
CANADIAN PACIFIC RAILWAY CO 26,506 26,506
CARNIVAL PLC 114,813 114,813
CATERPILLAR FINANCIAL SERVICES 44,661 44,661
CCO HOLDINGS LLC 108,763 108,763
CEDAR FAIR LP 109,313 109,313
CENCORA INC 13,417 13,417
CENCORA INC 97,942 97,942
CHENIERE CORPUS CHRISTI HOLDIN 37,139 37,139
CHENIERE CORPUS CHRISTI HOLDIN 23,560 23,560
CHENIERE CORPUS CHRISTI HOLDIN 74,186 74,186
CISCO SYSTEMS INC 89,602 89,602
CLEAN HARBORS INC 107,250 107,250
CLEAR CHANNEL OUTDOOR HOLDINGS 114,000 114,000
CLEVELAND-CLIFFS INC 109,313 109,313
COCA-COLA CO 85,235 85,235
COCA-COLA CO 6,730 6,730
COCA-COLA CO 26,361 26,361
COMCAST CORP 159,122 159,122
COMCAST CORP 52,950 52,950
COMCAST CORP 50,535 50,535
CONOCOPHILLIPS 34,792 34,792
CRESTWOOD MIDSTREAM PARTNERS L 0 0
CSC HOLDINGS LLC 97,625 97,625
CVS HEALTH CORP 54,079 54,079
DANA INC 113,275 113,275
DIGITAL REALTY TRUST LP 75,125 75,125
DISH DBS CORP 0 0
EBAY INC 57,140 57,140
ENLINK MIDSTREAM PARTNERS LP 127,563 127,563
ENTERGY LOUISIANA LLC 0 0
ENERGY TRANSFER LP 129,935 129,935
ERP OPERATING LP 39,239 39,239
EXTRA SPACE STORAGE LP 52,972 52,972
FORD MOTOR CO 72,870 72,870
FORD MOTOR CREDIT COMPANY LLC 0 0
FRONTIER COMMUNICATIONS HOLDIN 0 0
GEN DIGITAL INC 126,719 126,719
GENERAL MILLS INC 54,253 54,253
GENERAL MOTORS FINANCIAL COMPA 105,799 105,799
GENERAL MOTORS FINANCIAL COMPA 56,859 56,859
GLAXOSMITHKLINE CAPITAL INC 0 0
GILEAD SCIENCES INC 166,611 166,611
GLAXOSMITHKLINE CAPITAL INC 54,273 54,273
GOLDMAN SACHS GROUP INC 84,967 84,967
GOLDMAN SACHS GROUP INC 131,154 131,154
GOODYEAR TIRE & RUBBER CO 83,300 83,300
GRAY TELEVISION INC 111,838 111,838
HCA INC 105,263 105,263
HCA INC 0 0
HILTON DOMESTIC OPERATING COMP 127,400 127,400
HOME DEPOT INC 56,575 56,575
HONEYWELL INTERNATIONAL INC 129,405 129,405
IRON MOUNTAIN INC 112,750 112,750
JPMORGAN CHASE & CO 317,163 317,163
KANSAS CITY SOUTHERN 0 0
KB HOME 108,413 108,413
KINDER MORGAN INC 54,246 54,246
KRAFT HEINZ FOODS CO 314,799 314,799
KROGER CO 61,790 61,790
KROGER CO 85,554 85,554
LAMAR MEDIA CORP 117,813 117,813
LOWE'S COMPANIES INC 159,127 159,127
LOWE'S COMPANIES INC 26,704 26,704
LPL HOLDINGS INC 110,113 110,113
LUMEN TECHNOLOGIES INC 0 0
MACY'S RETAIL HOLDINGS LLC 107,250 107,250
MARRIOTT INTERNATIONAL INC 306,859 306,859
MASTERCARD INC 166,763 166,763
MATTEL INC 95,250 95,250
MGM RESORTS INTERNATIONAL 124,063 124,063
MID-AMERICA APARTMENTS LP 64,389 64,389
MID-AMERICA APARTMENTS LP 33,685 33,685
MORGAN STANLEY 315,321 315,321
MOUNT SINAI HOSPITAL NEW YORK 42,170 42,170
NEVADA POWER CO 78,123 78,123
NEXSTAR ESCROW INC 106,150 106,150
NORDSTROM INC 135,213 135,213
NORTHWESTERN MEMORIAL HEALTHCA 29,977 29,977
NUSTAR LOGISTICS LP 129,350 129,350
ON SEMICONDUCTOR CORP 116,250 116,250
O'REILLY AUTOMOTIVE INC 82,689 82,689
O'REILLY AUTOMOTIVE INC 9,643 9,643
OUTFRONT MEDIA CAPITAL LLC 116,100 116,100
PENSKE AUTOMOTIVE GROUP INC 125,775 125,775
PFIZER INC 77,136 77,136
PFIZER INC 158,200 158,200
PROLOGIS LP 39,397 39,397
PUBLIC STORAGE 43,000 43,000
PUBLIC STORAGE 107,518 107,518
REPUBLIC SERVICES INC 52,846 52,846
REPUBLIC SERVICES INC 8,804 8,804
REPUBLIC SERVICES INC 47,919 47,919
REPUBLIC SERVICES INC 34,170 34,170
RIO TINTO FINANCE (USA) LTD 110,241 110,241
SALESFORCE.COM INC 330,753 330,753
SALLY HOLDINGS LLC 129,350 129,350
SBA COMMUNICATIONS CORP 116,675 116,675
SEALED AIR CORP 115,863 115,863
SERVICE PROPERTIES TRUST 100,750 100,750
SIRIUS XM RADIO INC 119,600 119,600
SOUTHWEST AIRLINES CO 169,974 169,974
SPIRIT AEROSYSTEMS INC 115,200 115,200
STONEX GROUP INC 125,781 125,781
SUMMIT MATERIALS LLC 116,100 116,100
TENET HEALTHCARE CORP 108,350 108,350
TEVA PHARMACEUTICAL FINANCE NE 115,625 115,625
THERMO FISHER SCIENTIFIC INC 31,862 31,862
THERMO FISHER SCIENTIFIC INC 8,889 8,889
THERMO FISHER SCIENTIFIC INC 75,734 75,734
T-MOBILE USA INC 40,629 40,629
T-MOBILE USA INC 0 0
TORONTO-DOMINION BANK 189,363 189,363
TOYOTA MOTOR CREDIT CORP 284,657 284,657
TRANSDIGM INC 124,375 124,375
UNION PACIFIC CORP 129,985 129,985
UNITED RENTALS (NORTH AMERICA) 116,550 116,550
UNITEDHEALTH GROUP INC 107,339 107,339
US FOODS INC 25,750 25,750
VENTAS REALTY LP 48,634 48,634
VERIZON COMMUNICATIONS INC 144,943 144,943
VERIZON COMMUNICATIONS INC 88,827 88,827
VERIZON COMMUNICATIONS INC 0 0
WALMART INC 255,283 255,283
WASTE MANAGEMENT INC 63,098 63,098
WASTE MANAGEMENT INC 35,980 35,980
WASTE MANAGEMENT INC 40,859 40,859
WELLTOWER OP LLC 318,358 318,358
PUBLIC STORAGE    

TY 2023 InvestmentsCorpStockSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Name of Stock End of Year Book Value End of Year Fair Market Value
UNDEFINED 0 0
3M ORD 19,787 19,787
A O SMITH ORD 3,298 3,298
ABB ADR REP 1 ORD 64,014 64,014
ABBOTT LABORATORIES ORD 62,520 62,520
ABBVIE ORD 89,573 89,573
ACCENTURE CL A ORD 72,287 72,287
ACTIVISION BLIZZARD ORD 0 0
ADIDAS ADR 27,446 27,446
ADOBE ORD 89,490 89,490
ADVANCE AUTO PARTS ORD 78,717 78,717
ADVANCED MICRO DEVICES ORD 0 0
ADYEN UNSPON 100 ADR REP ORD 24,343 24,343
AFLAC ORD 14,355 14,355
AGILENT TECHNOLOGIES ORD 13,347 13,347
AGNICO EAGLE ORD 20,295 20,295
AIA GROUP ADR 68,127 68,127
AIR PRODUCTS AND CHEMICALS ORD 19,714 19,714
AIRBNB CL A ORD 19,468 19,468
AIRBUS SE UNSPONSORED ADR 45,898 45,898
AKAMAI TECHNOLOGIES ORD 5,799 5,799
AKZO NOBEL N V SPONSORED ADR 27,601 27,601
ALASKA AIR GROUP ORD 0 0
ALBEMARLE ORD 5,635 5,635
ALCON ORD 24,217 24,217
ALEXANDRIA REAL ESTATE EQ REIT 6,465 6,465
ALIBABA GROUP HOLDING ADR REP 85,261 85,261
ALIGN TECHNOLOGY ORD 6,576 6,576
ALLEGION ORD 3,674 3,674
ALLIANT ENERGY ORD 4,258 4,258
ALLIANZ 10 UNSPON ADR REP ORD 72,330 72,330
ALLSTATE ORD 11,898 11,898
ALPHABET CL A ORD 271,278 271,278
ALPHABET CL C ORD 230,421 230,421
ALSTOM UNSPONSORED FRANCE ADR 7,450 7,450
AMADEUS IT GROUP ADR 28,472 28,472
AMAZON COM ORD 452,781 452,781
AMBEV ADR REP ONE ORD 30,282 30,282
AMCOR ORD 4,492 4,492
AMEREN ORD 6,149 6,149
AMERICAN AIRLINES GROUP ORD 2,940 2,940
AMERICAN ELECTRIC POWER ORD 14,132 14,132
AMERICAN EXPRESS ORD 35,407 35,407
AMERICAN INTERNATIONAL GROUP 15,583 15,583
AMERICAN TOWER REIT 33,030 33,030
AMERICAN WATER WORKS ORD 8,315 8,315
AMERIPRISE FINANCE ORD 12,534 12,534
AMERISOURCEBERGEN ORD 0 0
AMETEK ORD 12,367 12,367
AMGEN ORD 50,404 50,404
AMPHENOL CL A ORD 19,529 19,529
ANALOG DEVICES ORD 32,564 32,564
ANGLO AMERICAN ADR 0 0
ANGLOGOLD ASHANTI ADR REP 1 12,855 12,855
ANHEUSER BUSCH ADR REP 1 ORD 34,249 34,249
ANHUI CONCH CEMENT UNSPONSORED 12,752 12,752
ANSYS ORD 10,161 10,161
ANZ GROUP HLDGS ADR 67,611 67,611
AON CL A ORD 18,916 18,916
APA ORD 3,552 3,552
APPLE ORD 923,951 923,951
APPLIED MATERIAL ORD 44,245 44,245
APTIV ORD 8,344 8,344
ARCH CAPITAL GROUP ORD 8,987 8,987
ARCHER DANIELS MIDLAND ORD 12,639 12,639
ARGENX ADR REP ORD 17,500 17,500
ARISTA NETWORKS ORD 19,547 19,547
ARTHUR J GALLAGHER ORD 15,966 15,966
ASAHI KAISEI ADR 27,258 27,258
ASE INDUSTRIAL HOLDIN ADR REP 88,454 88,454
ASHTEAD GROUP ADR 39,511 39,511
ASML HOLDING ADR REP ORD 175,605 175,605
ASSA ABLOY ADR 39,905 39,905
ASSURANT ORD 2,864 2,864
ASTELLAS PHARMA ADR REP 1 ORD 33,915 33,915
ASTRAZENECA ADR REP 0.5 ORD 105,740 105,740
AT&T ORD 39,332 39,332
ATLAS COPCO ADR REP CL A ORD 60,407 60,407
ATMOS ENERGY ORD 5,563 5,563
AUO ADR 28,391 28,391
AUTODESK ORD 17,287 17,287
AUTOMATIC DATA PROCESSING ORD 31,451 31,451
AUTOZONE ORD 15,514 15,514
AVALONBAY COMMUNITIES REIT ORD 8,612 8,612
AVERY DENNISON ORD 5,256 5,256
AXON ENTERPRISE ORD 5,942 5,942
BAE SYSTEMS ADR 22,549 22,549
BAIDU ADS REP 8 CL A ORD 28,105 28,105
BAKER HUGHES CL A ORD 11,348 11,348
BALL ORD 5,867 5,867
BANCO SANTANDER ADR REP 1 ORD 53,737 53,737
BANK OF AMERICA ORD 75,758 75,758
BANK OF CHINA ADR REP 25 CL H 27,205 27,205
BANK OF NEW YORK MELLON ORD 13,169 13,169
BARCLAYS ADR REP 4 ORD 36,760 36,760
BARRICK GOLD ORD 22,070 22,070
BASF SE ADR 35,630 35,630
BATH AND BODY WORKS ORD 3,237 3,237
BAXTER INTERNATIONAL ORD 6,456 6,456
BAYER AKTIENGESELLSCHAFT EACH 17,675 17,675
BECTON DICKINSON ORD 23,164 23,164
BEIERSDORF A G UNSPONSORED GER 28,253 28,253
BEIGENE ADS REP ORD 15,150 15,150
BERKSHIRE HATHAWAY CL B ORD 212,926 212,926
BEST BUY ORD 5,010 5,010
BHP GROUP ADR 129,789 129,789
BILIBILI ADS 3,773 3,773
BIO RAD LABORATORIES CL A ORD 2,260 2,260
BIO TECHNE ORD 3,935 3,935
BIOGEN ORD 12,162 12,162
BLACKROCK ORD 37,343 37,343
BLACKSTONE ORD 30,504 30,504
BNP PARIBAS ADR 84,592 84,592
BOEING ORD 49,265 49,265
BOOKING HOLDINGS ORD 39,019 39,019
BORGWARNER ORD 2,760 2,760
BOSTON PROPERTIES REIT ORD 3,298 3,298
BOSTON SCIENTIFIC ORD 27,691 27,691
BP ADR EACH REPSTNG SIX ORD 55,755 55,755
BRISTOL MYERS SQUIBB ORD 34,326 34,326
BRITISH LAND ADR 0 0
BROADCOM ORD 160,740 160,740
BROADRIDGE FINANCIAL SOLUTIONS 8,024 8,024
BROOKFIELD ASSET MNGMT 0 0
BROOKFIELD CL A ORD 36,910 36,910
BROWN & BROWN ORD 5,547 5,547
BROWN FORMAN CL B ORD 3,426 3,426
BUILDERS FIRSTSOURCE ORD 6,845 6,845
BUNGE ORD 4,745 4,745
BUNZL ADR 40,121 40,121
BYD COMPANY ADR 25,977 25,977
CADENCE DESIGN SYSTEMS ORD 24,513 24,513
CAESARS ENTERTAINMENT ORD 3,282 3,282
CAMDEN PROPERTY REIT ORD 3,475 3,475
CAMPBELL SOUP ORD 2,810 2,810
CAN FITE BIOPHARMA ADR REP 30 6,204 6,204
CANADIAN IMPERIAL BANK COMMERC 53,195 53,195
CANADIAN NATIONAL RAILWAY ORD 58,920 58,920
CANADIAN PACIFIC RAILWAY ORD 49,413 49,413
CANON ADR REP ORD 40,320 40,320
CAPGEMINI SE UNSPONSORED ADR 33,480 33,480
CAPITAL ONE FINANCIAL ORD 16,390 16,390
CARDINAL HEALTH ORD 8,064 8,064
CARLSBERG AS SPONSORED REPRESE 22,523 22,523
CARMAX ORD 3,990 3,990
CARNIVAL ORD 6,137 6,137
CARRIER GLOBAL ORD 15,741 15,741
CATALENT ORD 2,651 2,651
CATERPILLAR ORD 49,377 49,377
CBOE GLOBAL MARKETS ORD 6,071 6,071
CBRE GROUP CL A ORD 9,216 9,216
CDW ORD 10,002 10,002
CELANESE ORD 5,127 5,127
CENCORA ORD 11,091 11,091
CENTENE ORD 12,838 12,838
CENTERPOINT ENERGY ORD 5,800 5,800
CENTRL JAPAN RAILWAY ADR 33,111 33,111
CERIDIAN HCM HOLDING ORD 3,423 3,423
CF INDUSTRIES HOLDINGS ORD 5,009 5,009
CGI ORD 39,668 39,668
CH ROBINSON WORLDWIDE ORD 3,283 3,283
CHARLES SCHWAB ORD 33,781 33,781
CHARTER COMMUNICATIONS CL A 12,826 12,826
CHEVRON ORD 85,767 85,767
CHINA CONSTRUCTION BANK ADR 32,405 32,405
CHINA EAS AIRL ADR REP 50 CL H 0 0
CHINA LIFE INSURNCE ADR REP 5 0 0
CHINA MERCHANTS BANK ADR 41,514 41,514
CHINA PETRO & CHEM ADR REP 100 0 0
CHINA SOUTHERN AIRLINES COMPAN 0 0
CHIPMOS TECHNOLOGIES ADR 35,373 35,373
CHIPOTLE MEXICAN GRILL ORD 20,583 20,583
CHRLS RIVER LABS ORD 4,019 4,019
CHUBB ORD 29,832 29,832
CHUGAI PHARMACEUTICAL ADR 28,275 28,275
CHUNGHWA TELECOM ADR REP 10 84,977 84,977
CHURCH AND DWIGHT ORD 7,659 7,659
CIGNA ORD 28,148 28,148
CINCINNATI FINANCIAL ORD 5,276 5,276
CINTAS ORD 16,874 16,874
CISCO SYSTEMS ORD 67,242 67,242
CITIGROUP ORD 32,150 32,150
CITIZENS FINANCIAL GROUP ORD 5,137 5,137
CLOROX ORD 5,846 5,846
CLP HOLDINGS ADR 39,949 39,949
CME GROUP CL A ORD 24,851 24,851
CMS ENERGY ORD 5,575 5,575
COCA-COLA ORD 75,371 75,371
COGNIZANT TECHNOLOGY SOLUTN CL 12,387 12,387
COLGATE PALMOLIVE ORD 21,761 21,761
COLLIERS INTRNTNL GP SUB VTG 33,781 33,781
COLOPLAST AS SPONSORED ADR 18,967 18,967
COMCAST CL A ORD 57,619 57,619
COMERICA ORD 2,456 2,456
COMMONWEALTH BANK OF AUSTRALIA 71,238 71,238
COMPAGNIE DE SAINT GOBAIN UNSP 46,536 46,536
COMPAGNIE FINANCIERE RICHEMONT 58,888 58,888
COMPANHIA PARANAENSE DE ENERGI 7,299 7,299
COMPASS GROUP ADR 41,715 41,715
CONAGRA BRANDS ORD 4,500 4,500
CONOCOPHILLIPS ORD 44,803 44,803
CONSOLIDATED EDISON ORD 10,280 10,280
CONSTELLATION BRANDS CL A ORD 12,813 12,813
CONSTELLATION ENERGY ORD 12,157 12,157
CONTRA ABIOMED INC 0 0
COOPER ORD 6,055 6,055
COPART ORD 14,014 14,014
CORNING ORD 7,613 7,613
CORTEVA ORD 11,117 11,117
COSTAR GROUP ORD 11,710 11,710
COSTCO WHOLESALE ORD 96,372 96,372
COTERRA ENERGY ORD 6,303 6,303
CREDICORP ORD 22,939 22,939
CREDIT SUISSE GRP ADR REPTG ON 0 0
CRH ADR REPSG 1 ORD 0 0
CROWN CASTLE ORD 16,357 16,357
CSL ADR 69,962 69,962
CSX ORD 22,501 22,501
CUMMINS ORD 11,020 11,020
CVS HEALTH ORD 33,558 33,558
D R HORTON ORD 15,198 15,198
DAIICHI SANKYO ADR 35,829 35,829
DAIWA HOUSE INDUSTRY ADR REP 42,964 42,964
DANAHER ORD 49,969 49,969
DANONE SPONSORED FRANCE ADR 28,037 28,037
DAQO NEW ENERGY ADR REP 5 ORD 0 0
DARDEN RESTAURANTS ORD 6,572 6,572
DASSAULT SYSTEMES ADR 27,206 27,206
DAVITA ORD 1,781 1,781
DBS GROUP HOLDINGS ADR 70,376 70,376
DEERE ORD 35,189 35,189
DELTA AIR LINES ORD 8,489 8,489
DENTSPLY SIRONA ORD 2,385 2,385
DEUTSCHE BOERSE ADR 31,845 31,845
DEUTSCHE POST ADR 33,445 33,445
DEUTSCHE TELEKOM ORD 71,545 71,545
DEVON ENERGY ORD 9,468 9,468
DEXCOM ORD 15,387 15,387
DIAGEO ADR REP 4 ORD 52,292 52,292
DIAMONDBACK ENERGY ORD 9,150 9,150
DIGITAL REALTY REIT ORD 13,323 13,323
DISCOVER FINANCIAL SERVICES 9,104 9,104
DISH NETWORK CL A ORD 0 0
DOLLAR GENERAL ORD 9,788 9,788
DOLLAR TREE ORD 9,944 9,944
DOMINION ENERGY ORD 12,784 12,784
DOMINOS PIZZA ORD 4,535 4,535
DOVER ORD 7,075 7,075
DOW ORD 12,613 12,613
DR REDDYS LABORATORIES ADR REP 64,014 64,014
DSV A S UNSPONSORED ADR 32,491 32,491
DTE ENERGY ORD 7,387 7,387
DUKE ENERGY ORD 24,551 24,551
DUPONT DE NEMOURS ORD 10,847 10,847
DXC TECHNOLOGY ORD 0 0
E ON SE SPONSORED GERMANY ADR 27,102 27,102
EAST JAPAN RAILWAY ADR 35,372 35,372
EASTMAN CHEMICAL ORD 3,503 3,503
EATON ORD 31,307 31,307
EBAY ORD 7,328 7,328
ECOLAB ORD 16,463 16,463
ECOPETROL ADR REP 20 ORD 22,112 22,112
EDAP TMS ADR REP 1 ORD 5,016 5,016
EDISON INTERNATIONAL ORD 8,936 8,936
EDWARDS LIFESCIENCES ORD 15,174 15,174
EISAI ADR 10,364 10,364
ELECTRONIC ARTS ORD 10,945 10,945
ELEVANCE HEALTH ORD 36,310 36,310
ELI LILLY ORD 152,142 152,142
EMERSON ELECTRIC ORD 18,201 18,201
ENBRIDGE ORD 56,011 56,011
ENEL CHILE ADR REP 50 ORD 9,137 9,137
ENEL SOCIETA PER AZIONI UNSPON 30,098 30,098
ENERGIAS ADR REPTG 10 ORD 0 0
ENGIE SPONSORED ADR 25,762 25,762
ENI ADR 60,368 60,368
ENN ENERGY HOLDINGS ADR 16,769 16,769
ENPHASE ENERGY ORD 6,078 6,078
ENTERGY ORD 6,982 6,982
EOG RESOURCES ORD 22,981 22,981
EPAM SYSTEMS ORD 5,649 5,649
EQT ORD 5,258 5,258
EQUIFAX ORD 9,892 9,892
EQUINIX REIT ORD 24,967 24,967
EQUINOR ASA 45,087 45,087
EQUITY RESIDENTIAL REIT ORD 6,850 6,850
ERICSSON SPON ADR REP 1 CL B 13,010 13,010
ESSEX PROPERTY REIT ORD 5,207 5,207
ESSILORLUXOTTICA UNSPONSORED 35,674 35,674
ESTEE LAUDER CL A ORD 11,261 11,261
ETSY ORD 3,161 3,161
EVEREST RE GROUP ORD 4,950 4,950
EVERGY ORD 3,863 3,863
EVERSOURCE ENERGY ORD 7,036 7,036
EXELON ORD 11,596 11,596
EXPEDIA GROUP ORD 6,679 6,679
EXPEDITORS INTERNATIONAL OF WA 6,106 6,106
EXPERIAN ADR 32,999 32,999
EXTRA SPACE STORAGE REIT ORD 11,063 11,063
EXXON MOBIL ORD 131,174 131,174
F5 ORD 3,580 3,580
FACTSET RESEARCH SYSTEMS ORD 5,725 5,725
FAIR ISAAC ORD 9,312 9,312
FANUC ADR 34,819 34,819
FASTENAL ORD 12,047 12,047
FEDERAL REIT ORD 2,576 2,576
FEDEX ORD 19,226 19,226
FERGUSON ORD 55,025 55,025
FERRARI ORD 42,642 42,642
FIDELITY NATIONAL INFORMATN SV 11,533 11,533
FIFTH THIRD BANCORP ORD 7,691 7,691
FIRST REPUBLIC BANK ORD 0 0
FIRST SOLAR ORD 6,202 6,202
FIRSTENERGY ORD 6,196 6,196
FIRSTSERVICE SUB VTG ORD 38,253 38,253
FISERV ORD 26,037 26,037
FLEETCOR TECHNOLOGIES ORD 6,783 6,783
FLUTTER ENTMT ADR 23,976 23,976
FMC ORD 2,585 2,585
FOMENTO ECON ADR REPRESENTING 58,006 58,006
FORD MOTOR ORD 15,810 15,810
FORTESCUE METAL GROUP ADR 18,835 18,835
FORTINET ORD 12,233 12,233
FORTIS ORD 58,610 58,610
FORTIVE ORD 8,394 8,394
FOX CL A ORD 2,433 2,433
FOX CL B ORD 1,161 1,161
FRANCO NEVADA ORD 15,957 15,957
FRANKLIN RESOURCES ORD 2,741 2,741
FREEPORT MCMORAN ORD 19,965 19,965
FRESENIUS MEDICAL ADR REPTG 0. 8,124 8,124
FUTU HOLDINGS ADR 4,370 4,370
GALAPAGOS ADR REP ORD 0 0
GARMIN ORD 6,427 6,427
GARTNER ORD 11,278 11,278
GE HEALTHCARE TECHNOLOGIES ORD 9,974 9,974
GEELY AUTOMOBILE HOLDING ADR 12,613 12,613
GEN DIGITAL ORD 4,245 4,245
GENERAC HOLDINGS ORD 2,585 2,585
GENERAL DYNAMICS ORD 19,216 19,216
GENERAL ELECTRIC ORD 45,564 45,564
GENERAL MILLS ORD 12,377 12,377
GENERAL MOTORS ORD 16,056 16,056
GENMAB ADR 24,994 24,994
GENUINE PARTS ORD 6,510 6,510
GILEAD SCIENCES ORD 33,133 33,133
GIVAUDAN ADR 40,709 40,709
GLENCORE ADR 50,795 50,795
GLOBAL PAYMENTS ORD 10,795 10,795
GLOBE LIFE ORD 3,408 3,408
GOLD FIELDS ADR REP 1 ORD 16,412 16,412
GOLDMAN SACHS GROUP ORD 40,892 40,892
GRAVITY ADR REP ORD 0 0
GRUPO AEROPORTUA ADR REP 10 SR 48,849 48,849
GRUPO ARPRTUR DL ADR REP 8 SRS 24,966 24,966
GRUPO AVL ACIONS Y VL ADR REP 5,516 5,516
GSK ADR REP 2 ORD WI 43,397 43,397
HAIER SMART HOME ADR 31,009 31,009
HALEON ADR REP 2 ORD 30,945 30,945
HALLIBURTON ORD 10,737 10,737
HANG SENG BK ADR 13,572 13,572
HARTFORD FINANCIAL SERVICES GR 7,958 7,958
HASBRO ORD 2,247 2,247
HCA HEALTHCARE ORD 17,594 17,594
HDFC BANK ADR REP 3 ORD 114,087 114,087
HEADHUNTER GROUP ADR 4,902 4,902
HEALTHPEAK PROPERTIES ORD 3,485 3,485
HELLO GROUP ADR 8,966 8,966
HENGAN INTERNATIONAL GROUP COM 24,751 24,751
HENKEL AND ORD 23,194 23,194
HENRY SCHEIN ORD 3,256 3,256
HERSHEY FOODS ORD 9,136 9,136
HESS ORD 13,119 13,119
HEWLETT PACKARD ENTERPRISE ORD 7,149 7,149
HEXAGON ADR 41,649 41,649
HILTON WORLDWIDE HOLDINGS ORD 15,296 15,296
HIMAX TECHNOLOGIES ADR REP 2 6,889 6,889
HITACHI ADR 81,682 81,682
HOLOGIC ORD 5,716 5,716
HOME DEPOT ORD 113,668 113,668
HONDA MOTOR ADR REP 1 ORD 49,611 49,611
HONEYWELL INTERNATIONAL ORD 45,088 45,088
HONG KONG EXCHANGES CLEARING 46,238 46,238
HORMEL FOODS ORD 3,050 3,050
HOST HOTELS & RESORTS REIT ORD 4,420 4,420
HOWMET AEROSPACE ORD 6,927 6,927
HOYA ADR 57,279 57,279
HP ORD 8,515 8,515
HSBC HOLDINGS ADR REP 5 ORD 91,823 91,823
HUBBELL ORD 5,592 5,592
HUMANA ORD 18,312 18,312
HUNTINGTON BANCSHARES ORD 5,953 5,953
HUNTINGTON INGALLS INDUSTRIES 3,375 3,375
IBERDROLA ADR 50,138 50,138
ICICI BANK ADR REP 2 ORD 143,278 143,278
IDEX ORD 5,428 5,428
IDEXX LABORATORIES ORD 14,986 14,986
ILLINOIS TOOL ORD 23,575 23,575
ILLUMINA ORD 7,240 7,240
IMPALA PLATINUM HOLDINGS ADR 0 0
INCYTE ORD 3,705 3,705
INDUSTRIA DE DISENO TEXTIL IND 45,203 45,203
INDUSTRIAL COMMERCIAL BANK OF 52,439 52,439
INFINEON TECHNOL ADR REP 1 ORD 45,826 45,826
INFOSYS ADR REP ORD 97,782 97,782
ING GROEP ADR REP 1 ORD 34,020 34,020
INGERSOLL RAND ORD 10,209 10,209
INPEX ADR 33,991 33,991
INSULET ORD 4,774 4,774
INTEL ORD 70,149 70,149
INTERCONTINENTAL EXCHANGE ORD 24,016 24,016
INTERCONTINENTAL HOTEL ADR REP 48,320 48,320
INTERNATIONAL BUSINESS MACHINE 49,065 49,065
INTERNATIONAL FLAVORS & FRAGRA 6,801 6,801
INTERNATIONAL PAPER ORD 4,085 4,085
INTERPUBLIC GROUP OF COMPANIES 4,113 4,113
INTESA SANPAOLO S P A SPONSORE 61,653 61,653
INTUIT ORD 58,128 58,128
INTUITIVE SURGICAL ORD 39,134 39,134
INVESCO ORD 2,658 2,658
INVITATION HOMES ORD 6,379 6,379
IPERIONX ADR 4,997 4,997
IQVIA HOLDINGS ORD 13,883 13,883
IRON MOUNTAIN ORD 6,648 6,648
ITAU UNIBANCO HOLDING ADR REP 43,820 43,820
ITOCHU ADR REP 2 ORD 72,889 72,889
JABIL ORD 5,351 5,351
JACK HENRY AND ASSOCIATES ORD 3,758 3,758
JACOBS SOLUTIONS ORD 5,322 5,322
JARDINE MATHESON HOLDINGS ADR 10,708 10,708
JB HUNT TRANSPORT SERVICES ORD 5,393 5,393
JD.COM ADR REP 2 CL A ORD 20,801 20,801
JM SMUCKER ORD 4,297 4,297
JOHNSON & JOHNSON ORD 124,138 124,138
JOHNSON CONTROLS INTERNATIONAL 12,681 12,681
JPMORGAN CHASE ORD 161,425 161,425
JUNIPER NETWORKS ORD 3,125 3,125
KANZHUN ADR REP 2 ORD 9,634 9,634
KAO UNSPON ADR REP 1/5 ORD 29,186 29,186
KB FINANCIAL GROUP ADR REP ONE 64,330 64,330
KBC GROUP NV UNSPONSORED BELGI 36,702 36,702
KDDI ADR REP 0.5 ORD 40,241 40,241
KE HOLDINGS ADR REP 3 CL A ORD 9,240 9,240
KELLANOVA ORD 4,808 4,808
KELLOGG ORD 0 0
KENVUE ORD 12,143 12,143
KERING UNSPONSORED FRANCE ADR 24,553 24,553
KERRY GROUP ADR 18,372 18,372
KEURIG DR PEPPER ORD 11,096 11,096
KEYCORP ORD 4,392 4,392
KEYSIGHT TECHNOLOGIES ORD 9,386 9,386
KIMBERLY CLARK ORD 13,488 13,488
KIMCO REALTY REIT ORD 4,305 4,305
KINDER MORGAN CL P ORD 11,078 11,078
KINGFISHER ADR 14,418 14,418
KINGSOFT CLOUD HOLD ADR REP 15 3,364 3,364
KINROSS GOLD ORD 13,673 13,673
KLA ORD 26,159 26,159
KONE OYJ UNSPONSORED REPRESENT 18,597 18,597
KONINKLIJKE AHOLD DELHAIZE N V 25,400 25,400
KONINKLIJKE PHILIPS ADR 18,711 18,711
KOREA ELECTRIC POWER ADR REP 31,538 31,538
KRAFT HEINZ ORD 9,652 9,652
KROGER ORD 10,010 10,010
KT ADR REP 1/2 ORD 72,576 72,576
KYOCERA SPON ADR 34,246 34,246
L AIR LIQUIDE ORD ADR 64,034 64,034
L OREAL ADR 74,060 74,060
L3HARRIS TECHNOLOGIES ORD 13,058 13,058
LABORATORY CORPRTN OF AMER HLD 6,364 6,364
LAM RESEARCH ORD 33,680 33,680
LAMB WESTON HOLDINGS ORD 5,188 5,188
LAS VEGAS SANDS ORD 5,905 5,905
LASERTEC ADR 15,446 15,446
LEIDOS HOLDINGS ORD 4,763 4,763
LENNAR CL A ORD 12,370 12,370
LENOVO GROUP ADR 18,181 18,181
LG DISPLAY ADR REP 1/2 ORD 27,137 27,137
LI AUTO ADR 2 ORD 20,961 20,961
LI NING COMPANY ADR 6,301 6,301
LINCOLN NATIONAL ORD 0 0
LINDE ORD 64,892 64,892
LIVE NATION ENTERTAINMENT ORD 4,306 4,306
LKQ ORD 4,110 4,110
LLOYDS BANKING GROUP ADR 4 ORD 41,706 41,706
LOCALIZA RENT A CAR ADR 16,394 16,394
LOCKHEED MARTIN ORD 32,633 32,633
LOEWS ORD 4,106 4,106
LOGITECH N ORD 40,876 40,876
LONDON STK EXCHANGE GROUP UNSP 29,525 29,525
LONZA GROUP ADR 29,463 29,463
LOWE'S COMPANIES ORD 42,285 42,285
LULULEMON ATHLETICA ORD 19,429 19,429
LUMEN TECHNOLOGIES ORD 0 0
LVMH MOET HENNESSY LOUIS VUITT 122,975 122,975
LYNAS RARE EARTHS ADR 0 0
LYONDELLBASELL INDUSTRIES CL A 8,082 8,082
M&T BANK ORD 7,539 7,539
MACQUARIE GROUP ADR 85,924 85,924
MAGNA INTERNATIONAL ORD 35,448 35,448
MANULIFE FINANCIAL ORD 53,040 53,040
MARATHON OIL ORD 4,663 4,663
MARATHON PETROLEUM ORD 18,397 18,397
MARKETAXESS HOLDINGS ORD 3,807 3,807
MARRIOTT INTERNATIONAL CL A 18,266 18,266
MARSH & MCLENNAN ORD 30,694 30,694
MARTIN MARIETTA MATERIALS ORD 9,978 9,978
MASCO ORD 4,890 4,890
MASTERCARD CL A ORD 116,011 116,011
MATCH GROUP ORD 3,322 3,322
MCCORMICK ORD 5,679 5,679
MCDONALD'S ORD 70,273 70,273
MCKESSON ORD 19,908 19,908
MEDTRONIC ORD 35,835 35,835
MEITUAN UNSPONSORED ADR 28,889 28,889
MELCO RESORTS ENTERTAINMENT 9,314 9,314
MERCEDES BENZ GROUP ADR 53,530 53,530
MERCK & CO. INC. 91,250 91,250
MERCK KGAA DARMSTADT GERMANY 21,074 21,074
META PLATFORMS CL A ORD 258,037 258,037
METLIFE ORD 13,557 13,557
METTLER TOLEDO ORD 8,491 8,491
MGM RESORTS INTERNATIONAL ORD 3,932 3,932
MICHELIN COMPAGNIE GENERALE DE 36,225 36,225
MICROCHIP TECHNOLOGY ORD 15,962 15,962
MICRON TECHNOLOGY ORD 30,808 30,808
MICROSOFT ORD 917,538 917,538
MID AMERICA APT COMMUNITI REIT 5,109 5,109
MITSUBISHI ESTATE ADR 36,320 36,320
MITSUBISHI UFJ FNCL GRP ADS RE 79,854 79,854
MITSUI & COMPANY ADR REP 20 OR 62,829 62,829
MMC NORILSK NICKEL SPON ADR RE 3,141 3,141
MOBILE TELESYT PBL JNT ADR REP 28,655 28,655
MODERNA ORD 10,840 10,840
MOHAWK INDUSTRIES ORD 1,760 1,760
MOLINA HEALTHCARE ORD 6,865 6,865
MOLSON COORS BEVERAGE COMPA CL 3,673 3,673
MONDELEZ INTERNATIONAL CL A OR 32,449 32,449
MONOLITHIC POWER SYSTEMS ORD 10,092 10,092
MONSTER BEVERAGE ORD 13,999 13,999
MOODYS ORD 20,309 20,309
MORGAN STANLEY ORD 38,979 38,979
MOSAIC ORD 3,787 3,787
MOTOROLA SOLUTIONS ORD 17,220 17,220
MOWI ASA SPONSORED ADR 23,678 23,678
MSCI ORD 14,707 14,707
MUENCHENER RE GROUP ADR 67,506 67,506
MURATA MANUFACTURING ADR 43,930 43,930
NASDAQ ORD 6,454 6,454
NASPERS SPON 5 ADR REP CL N OR 42,394 42,394
NATIONAL AUSTRALIA BANK ORD 72,106 72,106
NATIONAL GRID ADR REP 5 ORD 33,995 33,995
NESTE OYJ UNSPONSORED ADR 12,177 12,177
NESTLE ADR 148,585 148,585
NETAPP ORD 6,083 6,083
NETEASE ADR 28,880 28,880
NETFLIX ORD 69,624 69,624
NEW ORIENTL EDUCTN GRP ADR REP 14,656 14,656
NEWCREST MINING ADR 0 0
NEWELL BRANDS ORD 0 0
NEWMONT ORD 15,687 15,687
NEWS CL A ORD 3,020 3,020
NEWS CL B ORD 952 952
NEXTERA ENERGY ORD 40,696 40,696
NICE ADR REP 1 ORD 15,961 15,961
NIDEC ADR 21,836 21,836
NIKE CL B ORD 43,537 43,537
NINTENDO ADR 52,480 52,480
NIO ADS REP 1 CL A ORD 12,471 12,471
NIPPON TELEGRPH SPON ADR REP O 30,770 30,770
NISOURCE ORD 3,637 3,637
NIU TECHNOLOGIES ADR REP 2 ORD 3,219 3,219
NOKIA ADR REPSG 1 SER A ORD 14,501 14,501
NOMURA HOLDINGS ADR REPTG ONE 24,895 24,895
NORDEA BANK ABP SPONSORED FINL 56,003 56,003
NORDSON ORD 4,755 4,755
NORFOLK SOUTHERN ORD 17,492 17,492
NORTHERN TRUST ORD 5,738 5,738
NORTHROP GRUMMAN ORD 21,534 21,534
NORWEGIAN CRUISE LINE HOLDINGS 2,806 2,806
NOVARTIS ADR REPSG 1 ORD 123,688 123,688
NOVO NORDISK ADR REPSG 1 ORD 189,107 189,107
NOVOZYMES A S UNSPONSORED ADR 18,942 18,942
NRG ENERGY ORD 3,826 3,826
NUCOR ORD 14,271 14,271
NUTRIEN ORD 34,080 34,080
NVIDIA ORD 401,623 401,623
NVR ORD 7,000 7,000
NXP SEMICONDUCTORS ORD 19,523 19,523
O REILLY AUTOMOTIVE ORD 18,052 18,052
OCCIDENTAL PETROLEUM ORD 12,778 12,778
OLD DOMINION FREIGHT LINE ORD 12,160 12,160
OLYMPUS ADR 35,770 35,770
OMNICOM GROUP ORD 5,623 5,623
ON SEMICONDUCTOR ORD 11,861 11,861
ONEOK ORD 13,412 13,412
OPEN TEXT ORD 28,994 28,994
OPERA ADS 5,623 5,623
ORACLE ORD 55,562 55,562
ORCHARD THERAPEUTICS ADR 6,909 6,909
ORIX ADR REP 5 ORD 54,633 54,633
ORGANON ORD 0 0
ORIX ADR REP 5 ORD 0 0
ORSTED A S UNSPONSORED ADR 7,280 7,280
OTIS WORLDWIDE ORD 11,900 11,900
PACCAR ORD 16,698 16,698
PACKAGING CORP OF AMERICA ORD 4,887 4,887
PALO ALTO NETWORKS ORD 30,373 30,373
PANASONIC HOLDINGS ADR 29,717 29,717
PARAMOUNT GLOBAL CL B ORD 2,352 2,352
PARKER HANNIFIN ORD 19,349 19,349
PAYCHEX ORD 12,507 12,507
PAYCOM SOFTWARE ORD 3,308 3,308
PAYPAL HOLDINGS ORD 21,739 21,739
PDD HOLDINGS ADS 50,477 50,477
PEMBINA PIPELINE ORD 43,713 43,713
PENTAIR ORD 3,926 3,926
PEPSICO ORD 76,938 76,938
PERKINELMER ORD 0 0
PERNOD RICARD S A SPONSORED AD 34,771 34,771
PFIZER ORD 53,952 53,952
PG&E ORD 12,657 12,657
PHILLIPS 66 ORD 19,172 19,172
PICC PROPERTY AND CASUALTY COM 16,059 16,059
PINDUODUO ADR REP 4 ORD 0 0
PING AN INSURANCE GROUP COMPAN 24,625 24,625
PINNACLE WEST ORD 2,658 2,658
PIONEER NATURAL RESOURCE ORD 17,091 17,091
PLDT ADR REP ORD 25,070 25,070
PNC FINANCIAL SERVICES GROUP 20,440 20,440
POOL ORD 5,183 5,183
POSCO ADR REPSG 1/4 ORD 147,421 147,421
POSCO HOLDINGS ADS REP 1/4 ORD 0 0
PPG INDUSTRIES ORD 11,515 11,515
PPL ORD 6,585 6,585
PRINCIPAL FINANCIAL GROUP ORD 5,664 5,664
PROCTER & GAMBLE ORD 113,862 113,862
PROGRESSIVE ORD 30,263 30,263
PROLOGIS REIT 40,390 40,390
PROSUS NV SPONSORED NETHERLAND 35,855 35,855
PRUDENTIAL ADR REPSTG 2 ORD 19,083 19,083
PRUDENTIAL FINANCIAL ORD 12,445 12,445
PT BANK CENTRAL ASIA TBK UNSPO 43,796 43,796
PT BANK MANDIRI PERSERO TBK UN 56,235 56,235
PT TLKMNK TBK ADR REP 100 SRS 40,057 40,057
PTC ORD 6,823 6,823
PUBLIC SERVICE ENTERPRISE GROU 9,967 9,967
PUBLIC STORAGE REIT ORD 15,860 15,860
PULTEGROUP ORD 7,329 7,329
QIFU TECHNOLOGY ADR 3,876 3,876
QORVO ORD 3,604 3,604
QUALCOMM ORD 53,079 53,079
QUANTA SERVICES ORD 10,358 10,358
QUEST DIAGNOSTICS ORD 5,102 5,102
RALPH LAUREN CL A ORD 1,875 1,875
RAYMOND JAMES ORD 6,802 6,802
RAYTHEON TECHNOLOGIES ORD 0 0
REALTY INCOME REIT ORD 13,609 13,609
RECKITT BENCKISER ADR 27,892 27,892
RECRUIT HOLDING 5 UNSPON ADR R 52,438 52,438
REDHILL BIOPHARMA ADR REP TEN 19,053 19,053
REGENCY CENTERS REIT ORD 3,618 3,618
REGENERON PHARMACEUTICALS ORD 30,740 30,740
REGIONS FINANCIAL ORD 5,814 5,814
RELX ADR REP ORD 59,887 59,887
RENESAS ELECTRON ADR REPSTG 1/ 11,533 11,533
RENREN ADR REP 45 CL A ORD 0 0
RENTOKIL INITIAL ADR 20,027 20,027
REPUBLIC SERVICES ORD 11,049 11,049
RESMED ORD 8,257 8,257
RESTAURANT BRANDS INTRNATIONAL 31,643 31,643
REVVITY ORD 4,263 4,263
RIO TINTO ADR REP ONE ORD 66,642 66,642
ROBERT HALF INT ORD 2,989 2,989
ROCHE HOLDINGS ADR 102,893 102,893
ROCKWELL AUTOMAT ORD 11,488 11,488
ROLLINS ORD 3,974 3,974
ROPER TECHNOLOGIES ORD 19,085 19,085
ROSS STORES ORD 15,361 15,361
ROYAL BANK OF CANADA ORD 78,376 78,376
ROYAL CARIBBEAN GROUP ORD 9,971 9,971
ROYAL DSM NV SPONSORED NETHERL 0 0
RTX ORD 39,462 39,462
RWE ADR REP 1 ORD 29,621 29,621
RYANAIR HOLDINGS ORD 39,341 39,341
S&P GLOBAL ORD 46,695 46,695
SAFRAN ADR 39,055 39,055
SALESFORCE ORD 84,468 84,468
SANDOZ GROUP ADR 7,842 7,842
SANDVIK A B SPONSORED SWEDEN 27,208 27,208
SANOFI ADR REP 1 1/2 ORD 70,865 70,865
SANTOS ADR 32,634 32,634
SAP ADR REP 1 ORD 111,614 111,614
SASOL ADR REP 1 ORD 7,952 7,952
SBA COMMUNICATIONS CL A REIT 8,879 8,879
SCHLUMBERGER ORD 24,303 24,303
SCHNEIDER ELECTRIC SE UNSPONSO 73,621 73,621
SEA ADS REP CL A ORD 13,770 13,770
SEAGATE TECHNOLOGY HOLDINGS 5,464 5,464
SEALED AIR ORD 0 0
SEMPRA ORD 15,394 15,394
SENDAS DISTRIBUIDORA ADR REP 5 8,638 8,638
SERVICENOW ORD 47,335 47,335
SEVEN I HOLDINGS ADR REP 0.50 41,069 41,069
SHAW COMMUNICATIONS CL B ORD 0 0
SHELL ADR EACH REP 2 ORD 141,141 141,141
SHERWIN WILLIAMS ORD 24,328 24,328
SHIN ETSU CHEMICAL ADR 85,418 85,418
SHINHAN FINANCIAL ADR REPSG 1 54,019 54,019
SHIONOGI 4 ADR REP ORD 29,391 29,391
SHISEIDO ADR 14,720 14,720
SHOPIFY CL A SUB VTG ORD 53,362 53,362
SIBANYE STILLWATER ADR REP 4 0 0
SIEMENS ADR 81,848 81,848
SIEMENS HEALTHINEERS ADR 12,672 12,672
SIFY TECHNOLOGIES ADR REP 1 OR 21,627 21,627
SIGNATURE BANK ORD 0 0
SIKA ADR 53,024 53,024
SILICON MOTION TECHNO ADR REP 16,543 16,543
SIMON PROP GRP REIT ORD 15,262 15,262
SINGAPORE TELECOMMUNICATIONS A 24,577 24,577
SINOPEC SHANGH ADR REP 100 CL 29,306 29,306
SK TELECOM ADR REPRESENT 5 9TH 42,265 42,265
SKYWORKS SOLUTIONS ORD 5,958 5,958
SMC SPN ADR REP ORD 43,922 43,922
SMITH NEPHEW ADR REP 2 ORD 13,640 13,640
SNAP ON ORD 4,910 4,910
SOFTBANK ADR 28,211 28,211
SOFTBANK GROUP UNSPONSORED ADR 34,131 34,131
SOLAREDGE TECHNOLOGIES ORD 0 0
SONIC HEALTHCARE ADR 44,153 44,153
SONOVA HOLDING ADR 32,009 32,009
SONY GROUP ADR REP ORD 82,380 82,380
SOUTH32 ADR 16,451 16,451
SOUTHERN ORD 25,103 25,103
SOUTHWEST AIRLINES ORD 5,632 5,632
SSE ADR 44,197 44,197
STANLEY BLACK AND DECKER ORD 4,905 4,905
STARBUCKS ORD 36,100 36,100
STATE STREET ORD 7,901 7,901
STEEL DYNAMICS ORD 6,023 6,023
STERIS ORD 7,255 7,255
STMICROELECTRONICS ADR 33,587 33,587
STRYKER ORD 33,240 33,240
SUMITOMO ADR 52,171 52,171
SUMITOMO MIT ADR REP 1/5TH OF 59,677 59,677
SUN HUNG KAI PPTYS ADR 37,692 37,692
SUN LIFE FINANCIAL ORD 42,266 42,266
SUNTORY BVRGE UNSPON ADR REP 42,794 42,794
SVB FINANCIAL GROUP ORD 0 0
SWIRE PACIFIC ADR REP CL A ORD 41,041 41,041
SYMRISE ADR 27,372 27,372
SYNCHRONY FINANCIAL ORD 5,194 5,194
SYNOPSYS ORD 25,746 25,746
SYSCO ORD 12,066 12,066
T MOBILE US ORD 26,615 26,615
T ROWE PRICE GROUP ORD 7,861 7,861
TAIWAN SEMICONDUCTOR MNFTG ADR 281,320 281,320
TAKE TWO INTERACTIVE SOFTWARE 8,369 8,369
TAKEDA PHARMA ADR REP 0.5 ORD 33,963 33,963
TAPESTRY ORD 2,724 2,724
TARGA RESOURCES ORD 6,428 6,428
TARGET ORD 21,505 21,505
TATA MOTORS ADR REPSG 5 ORD 0 0
TC ENERGY ORD 35,767 35,767
TDK ORD 35,017 35,017
TE CONNECTIVITY ORD 14,331 14,331
TECHTRONIC INDUSTRIES COMPANY 30,725 30,725
TELEDYNE TECH ORD 7,141 7,141
TELEFLEX ORD 3,740 3,740
TELENOR ASA ADR 24,704 24,704
TEMENOS ADR 9,329 9,329
TENCENT HOLDINGS ADR 122,629 122,629
TERADYNE ORD 5,426 5,426
TESCO ADR 23,827 23,827
TESLA ORD 226,365 226,365
TEXAS INSTRUMENTS ORD 50,797 50,797
TEXTRON ORD 5,147 5,147
THE AES CORPORATION 4,177 4,177
THERMO FISHER SCIENTIFIC ORD 67,410 67,410
THK ADR REP 1/2 ORD 18,567 18,567
THOMSON REUTERS ORD 42,842 42,842
TJX ORD 35,460 35,460
TOKIO MARINE HOLDINGS ADR REP 60,431 60,431
TOKYO ELECTRON ADR REP 2 ORD 82,621 82,621
TORONTO DOMINION ORD 75,605 75,605
TOTALENERGIES SE 117,241 117,241
TOYOTA MOTOR ADR REP 10 ORD 113,696 113,696
TRACTOR SUPPLY ORD 7,526 7,526
TRANE TECHNOLOGIES ORD 18,293 18,293
TRANSDIGM GROUP ORD 18,209 18,209
TRAVELERS COMPANIES ORD 14,096 14,096
TRIMBLE ORD 4,309 4,309
TRIP COM GROUP ADR REP ORD 32,049 32,049
TRUIST FINANCIAL ORD 16,171 16,171
TURKCELL ILETISIM ADR REP 2.5 35,281 35,281
TYLER TECHNOLOGIES ORD 5,854 5,854
TYSON FOODS CL A ORD 4,999 4,999
UBER TECHNOLOGIES ORD 42,114 42,114
UDR REIT ORD 3,829 3,829
ULTA BEAUTY ORD 7,840 7,840
ULTRAPAR ADR REP 1 ORD 23,794 23,794
UNILEVER ADR REP 1 ORD 101,808 101,808
UNION PACIFIC ORD 49,124 49,124
UNITED AIRLINES HOLDINGS ORD 4,417 4,417
UNITED MICR ELCTRNS ADR REP 5 33,248 33,248
UNITED OVERSEAS BK SINGAPORE 57,130 57,130
UNITED PARCEL SERVICE CL B ORD 37,578 37,578
UNITED RENTAL ORD 12,615 12,615
UNITEDHEALTH GRP ORD 160,047 160,047
UNIVERSAL HEALTH SERVICES CL B 3,049 3,049
US BANCORP ORD 22,159 22,159
UTSTARCOM HOLDINGS ORD 6,530 6,530
VALE ADR REPTG ONE ORD 48,928 48,928
VALERO ENERGY ORD 14,430 14,430
VENTAS REIT ORD 6,479 6,479
VEOLIA ENVIRONNEMENT SPONSORED 24,778 24,778
VERALTO ORD 6,087 6,087
VERISIGN ORD 5,973 5,973
VERISK ANALYTICS ORD 11,226 11,226
VERIZON COMMUNICATIONS ORD 51,762 51,762
VERTEX PHARMACEUTICALS ORD 34,586 34,586
VESTAS WIND SYSTEMS AS ADR 28,690 28,690
VF ORD 2,068 2,068
VIATRIS ORD 4,245 4,245
VICI PPTYS ORD 10,775 10,775
VINCI ADR 82,793 82,793
VIPSHOP HOLDGS SPON ADS REP 13,675 13,675
VISA CL A ORD 136,163 136,163
VISTA ENERGY SPON SRS A ADR 13,870 13,870
VIVENDI SE UNSPONSORED ADR 13,361 13,361
VOLKSWAGEN A G UNSPONSORED ADR 9,203 9,203
VOLKSWAGEN A G UNSPONSORED REP 7,399 7,399
VOLVO ADR 39,436 39,436
VORNADO REALTY REIT ORD 0 0
VULCAN MATERIALS ORD 9,988 9,988
WABTEC ORD 7,487 7,487
WAL MART DE MEXICO S A B DE C 64,174 64,174
WALGREEN BOOTS ALLIANCE ORD 6,136 6,136
WALMART ORD 73,780 73,780
WALT DISNEY ORD 54,445 54,445
WARNER BROS. DISCOVERY SRS A O 8,269 8,269
WASTE MANAGEMENT ORD 21,492 21,492
WATER DRP ADR RP 10 CL A ORD 4,222 4,222
WATERS ORD 6,255 6,255
WEC ENERGY GROUP ORD 8,670 8,670
WELLS FARGO ORD 58,916 58,916
WELLTOWER ORD 16,231 16,231
WEST PHARM SVC ORD 8,451 8,451
WESTERN DIGITAL ORD 5,499 5,499
WESTROCK ORD 3,488 3,488
WEYERHAEUSER REIT 8,240 8,240
WH GROUP ADR 19,164 19,164
WHEATON PRECIOUS METALS ORD 19,243 19,243
WHIRLPOOL ORD 2,192 2,192
WILLIAMS ORD 13,932 13,932
WILLIS TOWERS WATSON ORD 7,960 7,960
WIMI HOLGRM CLOUD ADR REP 2 CL 0 0
WIPRO ADR REP 1 ORD 80,626 80,626
WIX.COM ORD 19,068 19,068
WNS HOLDINGS ADR REP 1 ORD 28,756 28,756
WOLTERS KLUWER N V ORD ADR 41,327 41,327
WOODSIDE ENERGY GROUP ADR 40,556 40,556
WOORI FINANCIAL GRP ADR REP 3 34,904 34,904
WPP ADR REP 5 ORD 21,644 21,644
WR BERKLEY ORD 4,668 4,668
WUXI BIOLOGICS CAYMAN ADR 17,396 17,396
WW GRAINGER ORD 11,602 11,602
WYNN RESORTS ORD 2,916 2,916
XCEL ENERGY ORD 11,268 11,268
XPENG ADR REP 2 ORD 12,912 12,912
XYLEM ORD 8,920 8,920
YALLA GROUP ADR REP CL A ORD 15,938 15,938
YANDEX CL A ORD 8,195 8,195
YUM BRANDS ORD 12,021 12,021
YUM CHINA ORD 19,942 19,942
ZAI LAB ADR REP ORD 0 0
ZEBRA TECHNOLOGIES CL A ORD 4,647 4,647
ZIMMER BIOMET HOLDINGS ORD 8,276 8,276
ZIONS BANCORPORATION ORD 2,150 2,150
ZOETIS CL A ORD 30,000 30,000
ZURICH INSURANCE GROUP ADR 72,415 72,415

TY 2023 InvestmentsGovtObligationsSch
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
US Government Securities - End of Year Book Value:

9,517,053
US Government Securities - End of Year Fair Market Value:

9,517,053
State & Local Government Securities - End of Year Book Value:


57,954
State & Local Government Securities - End of Year Fair Market Value:


57,954


TY 2023 InvestmentsOtherSchedule2
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AMXCA 2022-2 A FMV 97,970 97,970
AEA MEZZANINE FUND IV LP FMV 1,368,751 1,368,751
ARGOSY REAL ESTATE PARTNERS IV FMV 3,028,722 3,028,722
ARGOSY REAL ESTATE PARTNERS V FMV 3,040,654 3,040,654
ARI FDS:FLT RT INC I FMV 1,664,156 1,664,156
BMWLT 2021-1 A4 FMV 0 0
CMPNH PARA ADR REP UNT FMV 31,461 31,461
COMET 2022-3 A FMV 261,087 261,087
CRVNA 2021-N1 A FMV 16,144 16,144
DRIVE 2021-1 B FMV 0 0
EMERALD FINANCIAL SERVICES I FMV 2,410,675 2,410,675
EXTERNAL-COMMINGLED FD-PENDING FMV 529,564 529,564
FEDERAL HOME LOAN MORTGAGE COR FMV 93,910 93,910
FEDERAL NATIONAL MORTGAGE ASSC FMV 1,450,102 1,450,102
FH A95160 FMV 221,018 221,018
FH C91361 FMV 214,501 214,501
FH G15290 FMV 108,239 108,239
FH G16189 FMV 135,432 135,432
FH J22899 FMV 83,827 83,827
FH QB2634 FMV 144,295 144,295
FH QB9065 FMV 93,711 93,711
FH QC1946 FMV 69,803 69,803
FH QC3428 FMV 125,127 125,127
FH QC8887 FMV 60,476 60,476
FH QC8888 FMV 60,753 60,753
FH QE3626 FMV 23,025 23,025
FH QE5462 FMV 460,658 460,658
FH QF5342 FMV 536,017 536,017
FH QG6305 FMV 442,268 442,268
FH QN4824 FMV 81,072 81,072
FH RA2471 FMV 67,501 67,501
FH SB0366 FMV 99,966 99,966
FH SD8084 FMV 119,758 119,758
FH SD8106 FMV 138,693 138,693
FH SD8160 FMV 175,925 175,925
FH SD8215 FMV 63,380 63,380
FH SD8238 FMV 2,012,771 2,012,771
FH SD8264 FMV 729,445 729,445
FH SD8276 FMV 152,824 152,824
FH ZA6548 FMV 8,346 8,346
FH ZT1864 FMV 96,891 96,891
FN AL4432 FMV 43,364 43,364
FN BQ2999 FMV 144,223 144,223
FN BQ9287 FMV 126,513 126,513
FN BR3583 FMV 149,120 149,120
FN BR9611 FMV 108,200 108,200
FN BV0272 FMV 57,863 57,863
FN BV9924 FMV 654,381 654,381
FN BW7328 FMV 152,137 152,137
FN CA3507 FMV 117,290 117,290
FN CA6291 FMV 186,900 186,900
FN FM4317 FMV 80,256 80,256
FN FM6042 FMV 117,927 117,927
FN FM6101 FMV 78,341 78,341
FN MA0977 FMV 83,785 83,785
FN MA2077 FMV 152,216 152,216
FN MA3332 FMV 73,928 73,928
FN MA3592 FMV 3,582 3,582
FN MA3638 FMV 19,730 19,730
FN MA3664 FMV 10,551 10,551
FN MA3685 FMV 3,155 3,155
FN MA4867 FMV 106,768 106,768
FNA 2023-M5 2A2 FMV 455,718 455,718
FORDO 2021-A A3 FMV 15,988 15,988
G2 005228 FMV 77,622 77,622
G2 MA0443 FMV 121,137 121,137
GMALT 2021-1 A3 FMV 0 0
HAROT 2021-1 A3 FMV 11,500 11,500
INVPOOL:INNOVATE CAP GROWTH LP FMV 0 0
ISHARES:CORE S&P 500 FMV 36,778 36,778
ISHARES:CORE S&P SM-CP FMV 5,566,865 5,566,865
ISHARES:ESG ADV USD BD FMV 8,200,928 8,200,928
MAINSTAY:MK HY CB R6 FMV 1,568,454 1,568,454
MBART 2023-1 A4 FMV 296,764 296,764
PAC FDS:FLT RT INC I FMV 0 0
PETROLEO BRASILEIRO ADR REPSTG FMV 59,668 59,668
SDART 2021-2 B FMV 0 0
SPDR S&P 500 ETF FMV 11,555,261 11,555,261
SPRNTS 1A2 FMV 44,780 44,780
VANGUARD DEV MKT ETF FMV 3,191,721 3,191,721
VANGUARD EM ST I ETF FMV 1,054,092 1,054,092
VANGUARD TSM IDX ETF FMV 2,567,907 2,567,907
VZMT 2021-1 B FMV 73,306 73,306
VZMT 2021-2 C FMV 34,603 34,603
VZMT 2022-4 A FMV 79,857 79,857
VZOT 2020-B B FMV 0 0

TY 2023 LegalFeesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 8,535 0 0 8,535


TY 2023 OtherDecreasesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Description Amount
DONATED AND SUPPORTED SERVICES 3,649,850
FEDERAL/DEFERRED EXCISE TAX ASSET CHANGE 266,834


TY 2023 OtherExpensesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LICENSE AND FEES 27,000 0 0 27,000
GOLF OUTING EXPENSE 127,880 0 0 -33,913
POSTAGE 414 0 0 414
EMPLOYEE SERVICE & ACTIVITIES 1,555 0 0 1,555


TY 2023 OtherIncomeSchedule2
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
GOLF OUTING INCOME 89,078 0 0
ALTERNATIVE INVESTMENTS 120,062 4,471 0


TY 2023 OtherIncreasesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Description Amount
UNREALIZED GAINS ON INVESTMENT 7,975,994
DONATED AND SUPPORTED SERVICES 3,649,850


TY 2023 OtherLiabilitiesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED FEDERAL EXCISE TAX 0 88,153
FEDERAL EXCISE TAX 0 64,332


TY 2023 OtherProfessionalFeesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK/INVESTMENT EXPENSE 405,915 405,915 0 0
RESEARCH & PROGRAM EVALUATION 1,016,293 0 0 1,016,293
CONSULTING EXPENSE 230,391 0 0 230,391


TY 2023 TaxesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX EXPENSE 81,505 0 0 0