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 02-01-2023 , and ending 01-31-2024
Name of foundation
THE ENGELBERG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1100 S FLAGER DRIVE 2003
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALM BEACH, FL33401
A Employer identification number

06-1309603
B Telephone number (see instructions)

(332) 330-0540
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$14,114,754J 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) 995,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 198,405 198,405  
4 Dividends and interest from securities... 107,475 107,475  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -551,421
b Gross sales price for all assets on line 6a 23,717,240
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
78,112 78,112  
12 Total. Add lines 1 through 11........ 827,571 383,992  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
21,500 11,500   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
6,860 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
20,438 20,438   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 48,798 31,938   0
25 Contributions, gifts, grants paid....... 77,075 77,075
26 Total expenses and disbursements. Add lines 24 and 25 125,873 31,938   77,075
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 701,698
b Net investment income (if negative, enter -0-) 352,054
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 205,749 145,052 145,052
2 Savings and temporary cash investments......... 1,080,666 463,182 463,182
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,468,808 Click to see attachment
List of Attached Documents:
// Content
5,384,289 		5,423,471
b Investments—corporate stock (attach schedule)....... 693,311 Click to see attachment
List of Attached Documents:
// Content
582,299 		493,395
c Investments—corporate bonds (attach schedule)....... 2,071,409 Click to see attachment
List of Attached Documents:
// Content
1,250,679 		1,166,934
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).......... 7,927,080 Click to see attachment
List of Attached Documents:
// Content
6,293,197 		6,404,501
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,781 		Click to see attachment
List of Attached Documents:
// Content
18,219 		Click to see attachment
List of Attached Documents:
// Content
18,219
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,448,804 14,136,917 14,114,754
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
13,585 		Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 13,585 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
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........ 5,000,000 5,000,000
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 8,435,219 9,136,917
29 Total net assets or fund balances (see instructions)..... 13,435,219 14,136,917
30 Total liabilities and net assets/fund balances (see instructions). 13,448,804 14,136,917
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
13,435,219
2
Enter amount from Part I, line 27a .....................
2
701,698
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
14,136,917
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
14,136,917
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 86,000 CITIZENS UNITED PFD STK 5.650 % P 2021-04-07 2023-03-28
b 97,000 SVB FINL GROUP 4.25 1 B/E DTD 10/28/21 P 2021-10-25 2023-03-15
c 33,000 FIFTH THIRD BANCORP FXD RATE RESET 4.5% P 2021-04-07 2023-04-14
d 31,000 HUNTINGTON BANCSHARES SHS PFD 5.625 % P 2021-04-07 2023-04-14
e 1,231 REGIONS FINL CORP NE RY SHS REPSTG P 2021-04-07 2023-04-14
191,000 UNITED STATES TREASURY 5/18/23 P 2023-04-14 2023-05-18
191,000 UNITED STATES TREASURY 5/30/23 P 2023-05-18 2023-05-30
22,000 HUNTINGTON BANCSHARE SHS PFD RF 5.625% P 2021-04-07 2023-05-30
850,000 UNITED STATES TREAS 9/28/23 P 2023-08-30 2023-09-28
7,000 HUNTINGTON BANCSHARE SHS 5.625% P 2021-04-07 2023-09-20
EAGLE SELECT HEDGE S OFFSHORE FUND LP P 2021-09-24 2023-03-06
UNITED STATES TREASURY 4/6/23 P 2023-03-13 2023-04-06
UNITED STATES TREASURY 4/27/23 P 2023-01-25 2023-04-27
UNITED STATES TREASURY 5/2/23 P 2023-02-02 2023-05-02
UNITED STATES TREASURY 5/4/23 P 2023-04-03 2023-05-04
UNITED STATES TREASURY 5/04/23 P 2023-04-06 2023-05-04
UNITED STATES TREASURY 5/30/23 P 2023-04-27 2023-05-30
UNITED STATES TREASURY 6/27/23 P 2023-05-02 2023-06-27
UNITED STATES TREASURY 7/20/23 P 2023-01-25 2023-07-20
UNITED STATES TREASURY 7/20/23 P 2023-05-05 2023-07-20
EAGLE SELECT HEDGE S OFFSHORE FUND LP P 2021-09-24 2023-08-10
UNITED STATES TREASURY 8/10/23 P 2023-05-10 2023-08-10
UNITED STATES TREASURY 9/28/23 P 2023-06-28 2023-09-28
UNITED STATES TREASURY 10/19/23 P 2023-07-20 2023-10-19
CONSOLIDATED EDISON P 2022-05-11 2023-02-15
LYONDELLBASEL INDUSTRIES P 2021-04-06 2023-02-15
CONSOLIDATED EDISON P 2021-04-06 2023-02-15
AMAGEN INC COM P 2022-05-11 2023-03-17
CITIGROUP IN PFD STK P 2022-10-19 2023-03-17
CITIZENS FINL GROUP P 2022-12-15 2023-03-13
DUKE ENGERGY CORP. P 2022-04-13 2023-03-17
FASTENAL CO COM P 2023-02-15 2023-03-17
FEDERATED HERMES INS. P 2022-03-31 2023-03-17
FIRST HORIZON CORP D PFD P 2023-11-16 2023-03-15
ISHARES TR U S TREAS P 2023-02-15 2023-03-17
MET LIFE INC. P 2022-07-14 2023-03-17
MORGAN STANLEY PREFERRED P 2022-12-15 2023-03-17
NUVEEN HIGH YIELD MU ND FUND CLASS I P 2022-03-31 2023-03-17
PHILIP MORRIS INTL INC P 2023-03-13 2023-03-17
PIMCO INCOME FUND IN L CLASS P 2022-03-31 2023-03-17
PROCTOR & GAMBLE CO P 2022-11-16 2023-03-17
OSTERWEISS STRATEGIC P 2022-09-15 2023-03-17
VERIZON COMMUNICATIONS INC P 2022-04-13 2023-03-17
VIRTUS SEIX FLOATING INC FD CLASS I P 2023-01-31 2023-03-17
WELLTOWER INC COM P 2023-01-18 2023-03-17
LYONDELLBASEL INDUSTRIES P 2021-04-06 2023-03-17
ABBVIE INC COM P 2021-08-10 2023-03-17
AMERICAN ELECTRIC POWER CO P 2022-02-16 2023-03-17
BROADCOM INC COM P 2021-04-06 2023-03-17
CMS ENERGY CORP DEPO P 2021-08-20 2023-03-17
CAPITAL ONE FINL CORP PFD P 2021-04-06 2023-03-17
CISCO SYS INC COM P 2021-04-06 2023-03-17
CITIZENS FINL GROUP P 2021-04-06 2023-03-13
CROWN CASTLE INC COM P 2021-04-06 2023-03-17
DTE ENERGY CO JR SUB P 2021-11-18 2023-03-17
EMERSON ELECTRIC CO COM P 2023-04-06 2023-03-17
EXXON MOBILE CORP COM P 2021-08-10 2023-03-17
FEDERATED HERMES INS. P 2022-06-30 2023-03-17
GENUINE PARTS CO. COM P 2021-04-06 2023-03-17
INTERNATIONAL BUSINESS MACHINES P 2021-04-06 2023-03-17
INVESCO EXCHANGE TRA II PFD ETF P 2021-04-06 2023-03-17
IRON MOUNTAIN INC NEW COM P 2021-04-06 2023-03-17
ISHARES TR PFD 7 INC P 2021-04-06 2023-03-17
JP MORGAN CHASE & CO. PFD P 2021-10-13 2023-03-17
LOCKHEED MARTING CORP P 2021-04-06 2023-03-17
MERCK & CO INC NEW P 2021-12-10 2023-03-17
MORGAN STANLEY PREFERRED P 2021-04-06 2023-03-17
NUVEEN HIUGH YIELD MU ND FUND CLASS I P 2022-06-30 2023-03-17
PEPSICO INC. COM P 2021-04-06 2023-03-17
PIMCO INCOME FUND IN L CLASS P 2021-04-06 2023-03-17
PORTLAND GENERAL ELECTRIC CO P 2021-04-06 2023-03-17
OSTERWEISS STRATEGIC P 2022-06-15 2023-03-17
PROLOGIS INC COM P 2021-08-10 2023-03-17
SL GREEN RLTY CORP P 2021-04-06 2023-03-16
SOUTHERN CO SER 2020 P 2021-04-06 2023-03-17
UDR INC COM P 2021-04-06 2023-03-17
VERIZON COMMUNICATIONS INC P 2021-04-06 2023-03-17
VIRTUS SEIX FLOATING INC FD CLASS I P 2021-04-30 2023-03-17
VORNADO RLTY TR RED P 2021-12-10 2023-03-15
WILLIAMS COS INC COM P 2021-04-06 2023-03-17
UNITED STATES TREASURY 4/27/23 P 2023-03-22 2023-04-27
UNITED STATES TREASURY 5/30/23 P 2023-04-27 2023-05-30
UNITED STATES TREASURY 10/31/23 P 2023-09-30 2023-10-31
87,000 PNC FINL SVCS GROUP INC BOND P 2020-06-30 2023-11-01
UNITED STATES TREASURY 11/30/2023 P 2023-09-30 2023-11-30
UNITED STATES TREASURY 02/1/2024 P   2024-01-24
UNITED STATES TREASURY BILL 1/23/24 P   2024-01-23
UNITED STATES TREASURY 11/30/23 P   2023-11-30
VANGUARD TREASURY MMKT P   2023-12-01
UNITED STATES TREASURY 01/23/2024 P   2024-01-24
WOODSON OFFSHORE P 2020-04-20 2024-01-15
GACP I, LLC P 2020-04-20 2023-10-15
INSOLVE CREDIT FEEDER FUND P 2020-04-29 2023-10-16
(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 73,560   96,520 -22,960
b 7,490   97,000 -89,510
c 28,850   35,748 -6,898
d 27,490   35,107 -7,617
e 28,039   34,422 -6,383
190,154   190,154 0
190,799   190,799 0
19,470   24,913 -5,443
88,635   88,635 0
6,300   7,925 -1,625
1,482,813   1,918,684 -435,871
1,595,572   1,595,572 0
728,510   728,510 0
840,650   840,650 0
224,175   224,175 0
1,595,520   1,595,520 0
747,317   747,317 0
843,370   843,370 0
720,430   720,430 0
1,781,750   1,781,750 0
78,043     78,043
419,551   419,551 0
838,886   838,886 0
2,467,172   2,467,172 0
14,682   15,387 -705
5,000   5,259 -259
15,044   12,652 2,392
19,100   19,950 -850
20,485   20,716 -231
2,802   3,443 -641
27,289   31,432 -4,143
16,213   16,519 -306
2,250   2,361 -111
12,124   15,863 -3,739
21,974   21,439 535
14,437   15,101 -664
10,703   10,876 -173
874   909 -35
18,483   19,211 -728
89,994   93,187 -3,193
10,567   10,501 66
1,148   1,152 -4
5,818   8,683 -2,865
3,465   3,511 -46
16,026   16,442 -416
24,246   30,141 -5,895
29,359   24,423 4,936
20,954   21,621 -667
23,327   17,838 5,489
20,044   26,183 -6,139
19,137   27,621 -8,484
24,025   25,717 -1,692
16,654   23,908 -7,254
8,312   11,656 -3,344
16,081   20,912 -4,831
22,592   27,365 -4,773
18,154   12,583 5,571
37,471   44,891 -7,420
22,401   16,939 5,462
19,286   20,946 -1,660
17,334   23,318 -5,984
21,457   17,308 4,149
50,336   64,871 -14,535
19,899   26,527 -6,628
21,025   16,572 4,453
27,407   18,924 8,483
15,373   19,150 -3,777
15,803   19,126 -3,323
23,486   19,992 3,494
29,248   33,803 -4,555
23,028   23,270 -242
46,505   51,766 -5,261
15,926   17,447 -1,521
6,148   9,105 -2,957
15,388   18,748 -3,360
10,718   13,257 -2,539
15,380   24,172 -8,792
61,992   65,636 -3,644
8,450   16,956 -8,506
22,839   18,832 4,007
996,184   996,184 0
996,422   996,422 0
95,000   95,000 0
87,000   88,148 -1,148
1,175,000   1,175,000 0
998,989   998,989 0
1,200,000   1,200,000 0
950,000   950,000 0
29,990   29,990 0
1,000,000   1,000,000 0
10,892     10,892
6,771     6,771
28,183     28,183
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       -22,960
b       -89,510
c       -6,898
d       -7,617
e       -6,383
      0
      0
      -5,443
      0
      -1,625
      -435,871
      0
      0
      0
      0
      0
      0
      0
      0
      0
      78,043
      0
      0
      0
      -705
      -259
      2,392
      -850
      -231
      -641
      -4,143
      -306
      -111
      -3,739
      535
      -664
      -173
      -35
      -728
      -3,193
      66
      -4
      -2,865
      -46
      -416
      -5,895
      4,936
      -667
      5,489
      -6,139
      -8,484
      -1,692
      -7,254
      -3,344
      -4,831
      -4,773
      5,571
      -7,420
      5,462
      -1,660
      -5,984
      4,149
      -14,535
      -6,628
      4,453
      8,483
      -3,777
      -3,323
      3,494
      -4,555
      -242
      -5,261
      -1,521
      -2,957
      -3,360
      -2,539
      -8,792
      -3,644
      -8,506
      4,007
      0
      0
      0
      -1,148
      0
      0
      0
      0
      0
      0
      10,892
      6,771
      28,183
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 -551,421
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 4,894
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 4,894
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,894
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 17,140
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,860
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 43,000
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 38,106
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow38,106 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCT
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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowKEITH KRAMERCPA Telephone no.right arrow (332) 330-0540

Located atright arrow462 SEVENTH AVE-ROOM 1600NEW YORKNY ZIP+4right arrow10018
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ALFRED B ENGELBERG TRUSTEE
10.00 		0 0 0
1100 S FLAGER DRIVE-2003
PALM BEACH,FL33401
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
11,901,472
b
Average of monthly cash balances.......................
1b
1,270,633
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
13,172,105
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
13,172,105
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
197,582
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
12,974,523
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
648,726
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
648,726
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
4,894
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
4,894
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
643,832
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
643,832
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
643,832
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
77,075
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
77,075
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 7 643,832
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 3,217,026
b From 2019...... 2,092,295
c From 2020...... 1,976,569
d From 2021......  
e From 2022...... 4,530,080
f Total of lines 3a through e ........ 11,815,970
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 77,075
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 77,075
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 566,757 566,757
(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 11,249,213
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		2,650,269
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		8,598,944
10 Analysis of line 9:
a Excess from 2019.... 2,092,295
b Excess from 2020.... 1,976,569
c Excess from 2021....  
d Excess from 2022.... 4,530,080
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
ALFRED B ENGELBERG
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ALZHEIMER'S DRUG DISCOVERY FOUNDATION

57 WEST 57TH STREET
NEW YORK,NY10019 		NONE 501 (C) 3 UNRESTRICTED 1,000

JAZZ AT LINCOLN CENTER

10 COLUMBUS CIRCLE
NEW YORK,NY10023 		NONE 501 (C) 3 UNRESTRICTED 5,000

CENTER FOR DISCOVERY

3217 S MACDILL AVE
TAMPA,FL33629 		NONE 501 (C) 3 UNRESTRICTED 2,500

METROPOLITIAN MUSEUM OF ART

1000 5TH AVE
NEW YORK,NY10028 		NONE 501 (C) 3 UNRESTRICTED 1,500

MOMA

11 WEST 53RD STREET
NEW YORK,NY10019 		NONE 501 (C) 3 UNRESTRICTED 1,500

NORTON MUSEUM OF ART

1450 S DIXIE HWY
WEST PALM BEACH,FL33401 		NONE 501 (C) 3 UNRESTRICTED 5,000

NORTON MUSEUM OF ART

1450 S DIXIE HWY
WEST PALM BEACH,FL33401 		NONE 501 (C) 3 UNRESTRICTED 7,500

CENTER FOR CREATIVE EDUCATION

2400 METROCENTRE BLVD
WEST PALM BEACH,FL33407 		NONE 501 (C) 3 UNRESTRICTED 2,500

MORSELIFE FOUNDATION

4747 DAVID S MACK DRIVE
WEST PALM BEACH,FL33417 		NONE 501 (C) 3 UNRESTRICTED 2,500

MORSELIFE FOUNDATION

4747 DAVID S MACK DRIVE
WEST PALM BEACH,FL33417 		NONE 501 (C) 3 UNRESTRICTED 3,000

AMERICAN FRIENDS OF HEBREW UNIVERSITY

199 WATER STREET- 11 FL
NEW YORK,NY10038 		NONE 501 (C) 3 UNRESTRICTED 1,800

FOUNDATION FIGHTING BLINDNESS

6925 OAKLAND MILLS ROAD 701
COLUMBIA,MD21045 		NONE 501 (C) 3 UNRESTRICTED 500

ASPEN COMMUNITY FOUNDATION

455 GOLD RIVERS CT
BASALT,CO81621 		NONE 501 (C) 3 UNRESTRICTED 15,000

ASPEN ART MUSEUM

637 E HYMAN AVE
ASPEN,CO81611 		NONE 501 (C) 3 UNRESTRICTED 3,000

ASPEN JUNIOR GOLF

39551 CO-82
ASPEN,CO81611 		NONE 501 (C) 3 UNRESTRICTED 600

ASPEN ART MUSEUM

637 E HYMAN AVE
ASPEN,CO81611 		NONE 501 (C) 3 UNRESTRICTED 10,000

ASPEN MUSIC FESTIVAL

225 MUSIC SCHOOL ROAD
ASPEN,CO81611 		NONE 501 (C) 3 UNRESTRICTED 3,300

BOY & GIRL CLUBS

1275 PEACHTREE STREET NE
ATLANTA,GA30309 		NONE 501 (C) 3 UNRESTRICTED 10,000

JUVENILE DIABETES RESEARCH FOUNDATION

200 VESEY STREET-28TH FLOOR
NEW YORK,NY10281 		NONE 501 (C) 3 UNRESTRICTED 250

FIDF

PO BOX 4224
NEW YORK,NY10163 		NONE 501 (C) 3 UNRESTRICTED 360

HEALTH AFFAIRS MD

OLD GEORGETOWN ROAD-SUITE 600
BETHESDA,MD20814 		NONE 501 (C) 3 UNRESTRICTED 265
Total .................................right arrow 3a 77,075
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 198,405  
4 Dividends and interest from securities ....     14 107,475  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 78,112  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -551,421  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 -167,429 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-167,429
(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
THE ENGELBERG FOUNDATION
 
Employer identification number

06-1309603
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
THE ENGELBERG FOUNDATION
  		Employer identification number
06-1309603
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
ALFRED ENGELBERG
1100 S FLAGER DRIVE-2003
 
PALM BEACH, FL33401

$ 195,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
ALFRED ENGELBERG
1100 S FLAGER DRIVE-2003
 
PALM BEACH, FL33401

$ 800,000


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

$  


(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.)
(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
THE ENGELBERG FOUNDATION
  		Employer identification number

06-1309603
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
THE ENGELBERG FOUNDATION
  		Employer identification number

06-1309603
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:
THE ENGELBERG FOUNDATION
EIN:
06-1309603
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
KEITH KRAMER CPA 21,500 11,500   0

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE ENGELBERG FOUNDATION
EIN:
06-1309603
Name of Bond End of Year Book Value End of Year Fair Market Value
AMERICAN EXPRESS CO BOND 3.55 % 99,171 87,367
BANK OF AMERICA CORP BOND 6.125 % 111,973 111,530
BANK NEW YORK MELLON BOND 4.7% 94,753 84,514
CITIGROUP INC BOND 4.00 % 126,448 119,610
FIFTH THIRD BANCORP BOND 4.5 % 60,978 52,916
GOLDMAN SACHS BOND 5.5 % 97,997 88,097
HUNTINGTON BANCSHARES INC BOND 5.625 % 26,671 23,067
JP MORGAN CHASE & CO BOND 8.88873 92,217 89,464
CHARLES SCHWAB CORP BOND 5.375 % 96,115 84,784
STATE STR CORP BOND 8.18524 78,349 73,838
TRUIST FINL CORP BOND 4.95 % 96,804 85,697
WELLS FARGO & CO BOND 3.9 % 122,089 118,062
BANK OF AMERICA CORP MTN 4.00% 147,114 147,988

TY 2023 InvestmentsCorpStockSchedule
Name:
THE ENGELBERG FOUNDATION
EIN:
06-1309603
Name of Stock End of Year Book Value End of Year Fair Market Value
ALLSTATE CORP DP SH PFD H 5.1 % 101,459 89,409
AT& T DEP RP PFD A 5.00 % 97,628 81,452
METLIFE INC DP PFD 4.75 % 102,364 83,588
MORGAN STANLEY PFD 6.375 123,733 112,830
NORTHERN TRUST CORP PFD 4.7 % 96,450 78,158
REGIONS FINANCIAL CORP 5.7 % 60,665 47,958

TY 2023 InvestmentsGovtObligationsSch
Name:
THE ENGELBERG FOUNDATION
EIN:
06-1309603
US Government Securities - End of Year Book Value:

5,384,289
US Government Securities - End of Year Fair Market Value:

5,423,471
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsOtherSchedule2
Name:
THE ENGELBERG FOUNDATION
EIN:
06-1309603
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
HPS - CORE SENIOR LENDING OFFSHORE AT COST 604,217 635,063
TALON 303 RIVER AT COST 943,935 1,000,000
INSOLVE GLOBAL FEEDER II AT COST 309,593 309,593
INSOLVE GLOBAL FEEDER IV AT COST 1,629,104 1,629,104
GACP II LP AT COST 155,494 140,047
SPDR S&P 500 ETF AT COST 227,869 281,379
SPDR SER TR S&P DIVID EFT AT COST 271,273 264,354
VANGUARD INDEX VALUE ETF AT COST 149,315 150,800
VANGUARD INDEX MID-CAP AT COST 113,097 108,861
INSOLVE GLOBAL FEEDER V AT COST 863,333 863,333
FORTRESS NET LEASE REIT AT COST 1,004,000 1,000,000
DECATHLON ALPHA, LP AT COST 16,569 16,569
GACP I LP AT COST 5,398 5,398

TY 2023 OtherAssetsSchedule
Name:
THE ENGELBERG FOUNDATION
EIN:
06-1309603
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PREPAID EXCISE TAX 1,781 18,219 18,219


TY 2023 OtherExpensesSchedule
Name:
THE ENGELBERG FOUNDATION
EIN:
06-1309603
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES 20,438 20,438   0


TY 2023 OtherIncomeSchedule2
Name:
THE ENGELBERG FOUNDATION
EIN:
06-1309603
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
TALON 303 RIVER LLC 2,188 2,188 2,188
INSOLVE GLOBAL FEEDER 43,674 43,674 43,674
GACP II LP 32,250 32,250 32,250


TY 2023 OtherLiabilitiesSchedule
Name:
THE ENGELBERG FOUNDATION
EIN:
06-1309603
Description Beginning of Year - Book Value End of Year - Book Value
UBTI TAX PAYABLE 10,836 0
PUBLICLY TRADED PARTNERSHIPS WITH NEGAGTIVE BASIS 2,749 0


TY 2023 SubstantialContributorsSch
Name:
THE ENGELBERG FOUNDATION
EIN:
06-1309603
Name Address
ALFRED ENGELBERG 1100 S FLAGER DRIVE- 2003
PALM BEACH,FL33401


TY 2023 TaxesSchedule
Name:
THE ENGELBERG FOUNDATION
EIN:
06-1309603
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE AND UBTI TAXES 6,860 0   0