TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2023

Open to Public Inspection

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

Name of foundation
ALDRICH FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1200 MORRIS TURNPIKE 3005
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SHORT HILLS, NJ07078

A Employer identification number

87-3136736

B Telephone number (see instructions)

(201) 874-1257

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$28,301,870J Accounting method: Cash Accrual
Other (specify)Modified Cash
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)	2,500
2	Check .............
3	Interest on savings and temporary cash investments	101,690		101,690
4	Dividends and interest from securities...	765,881		765,881
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-2,147
b	Gross sales price for all assets on line 6a 8,800,291
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).......
12	Total. Add lines 1 through 11........	867,924		867,571
13	Compensation of officers, directors, trustees, etc.	209,615		10,481	199,134
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	30,370		1,518	28,852
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	2,697	0	2,697
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	30,700	0	30,700
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	102,084	81,484	20,600
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	16,159	659	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............	17,189		859	16,330
21	Travel, conferences, and meetings.......	2,715		0	2,715
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	13,264	760	12,504
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	424,793		95,761	313,532
25	Contributions, gifts, grants paid.......	1,007,899			1,007,899
26	Total expenses and disbursements. Add lines 24 and 25	1,432,692		95,761	1,321,431
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-564,768
b	Net investment income (if negative, enter -0-)			771,810
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	11,500,375	6,205,587	6,205,587
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	5,475,155	List of Attached Documents: // Content 5,812,202	5,812,202
	b	Investments—corporate stock (attach schedule).......	5,677,685	List of Attached Documents: // Content 9,907,547	9,907,547
	c	Investments—corporate bonds (attach schedule).......	0	List of Attached Documents: // Content 1,503,771	1,503,771
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	4,421,260	List of Attached Documents: // Content 4,872,763	4,872,763
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	27,074,475	28,301,870	28,301,870
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	27,074,475	28,301,870
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	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).....	27,074,475	28,301,870
	30	Total liabilities and net assets/fund balances (see instructions).	27,074,475	28,301,870

Part III

Analysis of Changes in Net Assets or Fund Balances

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

27,074,475

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

-564,768

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

List of Attached Documents:

// Content

1,792,163

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

28,301,870

Decreases not included in line 2 (itemize) right arrow

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

28,301,870

Form 990-PF (2023)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation
1 a	PUBLICLY TRADED SECURITIES
b	CAPITAL GAINS DIVIDENDS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	8,800,166	8,802,438	-2,272
b	125		125
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			-2,272
b			125
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-2,147
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	10,728
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	10,728
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	10,728
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	16,275
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	16,275
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	1
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	5,546
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax5,546	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

NJ, PA

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

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

Yes

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

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

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

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

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

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

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

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

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

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

Yes

Website address right arrow

ALDRICHFOUNDATION.ORG

The books are in care of right arrow

PKF O' CONNOR DAVIES ADVISORY LLC Telephone no. right arrow

(908) 272-6200

Located at right arrow

20 COMMERCE DRIVE SUITE 301CRANFORDNJ ZIP+4 right arrow

07016

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

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

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

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

16 No

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

Form 990-PF (2023)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

Yes

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

1a(4)

Yes

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

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

1a(5)

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

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

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

1a(6)

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

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

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

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

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

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

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

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

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

If "Yes," list the years right arrow

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2023)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation
WILLIAM A GREENE III	BOARD CHAIR, SECRETARY AND TREASURER 0.50	0	0
1200 MORRIS TURNPIKE STE 3005 SHORT HILLS,NJ07078	BOARD CHAIR, SECRETARY AND TREASURER 0.50	0	0
CHRISTINE O GREENE	BOARD MEMBER 0.50	0	0
1200 MORRIS TURNPIKE STE 3005 SHORT HILLS,NJ07078	BOARD MEMBER 0.50	0	0
CAROLINE BLAKE	PRESIDENT 40.00	209,615	15,172
1200 MORRIS TURNPIKE STE 3005 SHORT HILLS,NJ07078	PRESIDENT 40.00	209,615	15,172

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


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









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

Form 990-PF (2023)

Page 7

Part VII

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

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
UBS FINANCIAL SERVICES INC	INVESTMENT MANAGEMENT FEES	81,484
184 LIBERTY CORNER ROAD STE 101 WARREN,NJ07059	INVESTMENT MANAGEMENT FEES	81,484

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2023)

Page 8

Part IX

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

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

purposes:

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

18,401,313

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

8,819,911

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

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

27,221,224

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

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

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

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

27,221,224

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

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

408,318

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

26,812,906

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

1,340,645

Part X

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

and do not complete this part.)

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

1,340,645

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

10,728

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

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

10,728

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

1,329,917

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

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

1,329,917

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

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

1,329,917

Part XI

Qualifying Distributions (see instructions)

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

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

1,321,431

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

1,321,431

Form 990-PF (2023)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2022	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7					1,329,917
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......
b From 2019......
c From 2020......
d From 2021......
e From 2022......	1,107,684
f Total of lines 3a through e ........		1,107,684
4Qualifying distributions for 2023 from Part
XI, line 4: $ 1,321,431
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.....					1,321,431
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2023.		8,486			8,486
(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		1,099,198
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		1,099,198
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....
c Excess from 2021....
d Excess from 2022....	1,099,198
e Excess from 2023....

Form 990-PF (2023)

Page 10

Part XIII

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

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

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

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

WILLIAM A GREENE III

CHRISTINE O GREENE

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

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

Check here right arrow

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

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

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

cAny submission deadlines:

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

Form 990-PF (2023)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CHILDREN'S HOSPITAL OF PHILADELPHIA 34TH ST AND CIVIC CENTER BLVD PHILADELPHIA,PA19104	N/A	PC	CAR-T RESEARCH	500,000
CURE4CAM PO BOX 211 LYNDELL,PA19354	N/A	PC	CHILDHOOD CANCER RESEARCH - COMMUNITY AWARENESS	9,000
FAMILY STRONG FOUNDATION 115 DRAYTON RD ASTON,PA19014	N/A	PC	ALS RESEARCH	7,600
FOR PETE'S SAKE CANCER RESPITE 620 W GERMANTOWN PIKE SUITE 150 PLYMOUTH MEETING,PA19462	N/A	PC	PROVIDE RESPITE SERVICES TO CANCER PATIENTS AND THEIR FAMILIES	7,500
FRIENDS OF FIREFIGHTERS 199 VAN BRUNT STREET BROOKLYN,NY11231	N/A	PC	MENTAL HEALTH COUNSELING AND WELLNESS SERVICES FOR ACTIVE AND RETIRED FDNY FIREFIGHTERS AND THEIR FAMILIES	25,000
IOP FLAGS FOR HEROES PO BOX 131 ISLE OF PALMS,SC29451	N/A	PC	SUPPORT CHARLESTON COUNTY VETERANS ORGAINZATIONS -	500
LIGUORI ACADEMY 1952 EAST ALLEGHENY AVENUE PHILADELPHIA,PA19134	N/A	PC	LIBRARY RENOVATION	50,000
LIGUORI ACADEMY 1952 EAST ALLEGHENY AVENUE PHILADELPHIA,PA19134	N/A	PC	SUPPORT LIGUORI MISSION TO PREPARE FUTURE LEADERS THROUGH INDIVIDUALIZED LEARNING	259
THOMAS JEFFERSON UNIVERSITY TJU 125 S 9TH STREET SUITE 600 PHILADELPHIA,PA19107	N/A	PC	ALS RESEARCH	390,000
WARRIOR CANINE CONNECTION 14934 SCHAEFFER ROAD BOYDS,MD20841	N/A	PC	SERVICE DOGS FOR VETERANS	7,500
WREATHS ACROSS AMERICA PO BOX 249 4 POINT STREET COLUMBIA FALLS,ME04623	N/A	PC	REMEMBER AND HONOR US VETERANS AND TEACH NEXT GENERATION THE VALUE OF FREEDOM	10,540
Total ................................. 3a				1,007,899

bApproved for future payment

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

Form 990-PF (2023)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	101,690
4 Dividends and interest from securities ....			14	765,881
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	-2,147
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		865,424	0

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

865,424

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2023)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

ALDRICH FOUNDATION

EIN:

87-3136736

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	30,700	0		30,700

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

ALDRICH FOUNDATION

EIN:

87-3136736

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AMAZON COM INC NTS B/E (5.20%, 12/3/2025) 250,000	252,880	252,880
APPLE INC NTS B/E (4.421%, 5/8/2026) 250,000	250,073	250,073
BK OF NY MELLON CORP (3.65%, 2/4/2024) 250,000	249,480	249,480
CATERPILLAR FINL SERVICE (4.80%, 1/6/2026) 250,000	251,500	251,500
JOHN DEERE CAPITAL CORP (4.95%, 6/6/2025) 250,000	251,053	251,053
TOYOTA MOTOR CRDT CORP (4.40%, 9/20/2024) 250,000	248,785	248,785

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

ALDRICH FOUNDATION

EIN:

87-3136736

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ACCENTURE PLC IRELAND CL A (ACN) 378 SHARES	132,644	132,644
ALPHABET INC CL A (GOOGL) 980 SHARES	136,896	136,896
AMAZON.COM INC (AMZN) 760 SHARES	115,474	115,474
ANALOG DEVICES INC (ADI) 295 SHARES	58,575	58,575
ANHEUSER BUSCH INBEV SPON ADR (BUD) 472 SHARES	30,501	30,501
APPLE INC (AAPL) 1,350 SHARES	259,916	259,916
AT&T INC (T) 7,937 SHARES	133,183	133,183
AVERY DENNISON CORP (AVY) 467 SHARES	94,409	94,409
BRISTOL MYERS SQUIBB CO (BMY) 2,174 SHARES	111,548	111,548
CHEVRON CORP (CVX) 1,542 SHARES	230,005	230,005
CISCO SYSTEMS INC (CSCO) 6,550 SHARES	330,906	330,906
CITIZENS FINANCIAL GROUP INC (CFG) 2,324 SHARES	77,017	77,017
COMCAST CORP NEW CL A (CMCSA) 3,381 SHARES	148,257	148,257
CORTEVA INC (CTVA) 1,035 SHARES	49,597	49,597
COSTCO WHOLESALE CORP (COST) 114 SHARES	75,249	75,249
CRH PLC ORD SHS .32 EACH ORD(CRH) 3,624 SHARES	249,933	249,933
CUMMINS INC (CMI) 1,948 SHARES	466,682	466,682
CVS HEALTH CORP (CVS) 1,842 SHARES	145,444	145,444
DANAHER CORP (DHR) 1,793 SHARES	414,793	414,793
DOW INC (DOW) 2,505 SHARES	137,374	137,374
DUPONT DE NEMOURS INC (DD) 1,473 SHARES	113,318	113,318
EOG RESOURCES INC (EOG) 1,113 SHARES	134,617	134,617
GENL DYNAMICS CORP (GD) 757 SHARES	196,570	196,570
HALLIBURTON CO (HOLDING COMPANY) (HAL) 1,436 SHARES	51,911	51,911
HOME DEPOT INC (HD) 1,263 SHARES	437,693	437,693
HUMANA INC (HUM) 267 SHARES	122,235	122,235
HUNTINGTON INGALLS INDS INC (HII) 185 SHARES	48,033	48,033
ILLINOIS TOOL WORKS INC (ITW) 1,976 SHARES	517,593	517,593
INTEL CORP (INTC) 3,317 SHARES	166,679	166,679
JPMORGAN CHASE & CO (JPM) 3,059 SHARES	520,336	520,336
LAM RESEARCH CORP (LRCX) 80 SHARES	62,661	62,661
LAUDER ESTEE COS CL A (EL) 823 SHARES	120,364	120,364
LENNOX INTL INC (LII) 421 SHARES	188,406	188,406
LILLY ELI & CO (LLY) 494 SHARES	287,962	287,962
LOCKHEED MARTIN CORP (LMT) 353 SHARES	159,994	159,994
MARSH & MCLENNAN COS INC (MMC) 897 SHARES	169,955	169,955
MICROSOFT CORP (MSFT) 1,965 SHARES	738,919	738,919
MSCI INC (MSCI) 394 SHARES	222,866	222,866
NEXTERA ENERGY INC COM (NEE) 2,415 SHARES	146,687	146,687
NIKE INC CL B (NKE) 667 SHARES	72,416	72,416
NOVARTIS AG SPON ADR (NVS) 1,448 SHARES	146,205	146,205
NVIDIA CORP (NVDA) 250 SHARES	123,805	123,805
OCCIDENTAL PETROLEUM CRP (OXY) 1,155 SHARES	68,965	68,965
ORACLE CORP (ORCL) 808 SHARES	85,187	85,187
PNC FINANCIAL SERVICES GROUP (PNC) 1,660 SHARES	257,051	257,051
REPUBLIC SERVICES INC (RSG) 2,069 SHARES	341,199	341,199
RTX CORP (RTX) 1,899 SHARES	159,782	159,782
SALESFORCE, INC. (CRM) 834 SHARES	219,459	219,459
SANDOZ GROUP AG SPON ADR (SDZNY) 289 SHARES	9,251	9,251
SHERWIN WILLIAMS CO (SHW) 526 SHARES	164,059	164,059
SOUTHWEST AIRLINES CO (LUV) 3,139 SHARES	90,654	90,654
STARBUCKS CORP (SBUX) 435 SHARES	41,764	41,764
UNITEDHEALTH GROUP INC (UNH) 331 SHARES	174,262	174,262
VERALTO CORP (VLTO) 536 SHARES	44,091	44,091
WALT DISNEY CO (HOLDING CO) DISNEY COM (DIS) 1,154 SHARES	104,195	104,195

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

ALDRICH FOUNDATION

EIN:

87-3136736

US Government Securities - End of Year Book Value:

5,812,202

US Government Securities - End of Year Fair Market Value:

5,812,202

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

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

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

ALDRICH FOUNDATION

EIN:

87-3136736

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
CONSUMER DISCRETIONARY SELECT SECTOR SPDR FUND ETF (XLY) 204 SHARES	FMV	36,477	36,477
DOUBLE LINE TOTAL RETURN FUND INSTL (DBLTX) 7,728 SHARES	FMV	68,311	68,311
FIDELITY LONG-TERM TREASURY BOND INDEX FUND (FNBGX)2,437 SHARES	FMV	24,684	24,684
INDUSTRIAL SELECT SECTOR SPDR FUND ETF (XLI) 178 SHARES	FMV	20,290	20,290
INVESCO S&P 500 PURE VALUE ETF (RPV) 2,958 SHARES	FMV	242,793	242,793
ISHARES CORE S&P MIDCAP ETF (IJH) 580 SHARES	FMV	160,747	160,747
ISHARES CORE S&P SMALL-CAP ETF (IJR) 1,448 SHARES	FMV	156,746	156,746
ISHARES RUSSELL 1000 VALUE ETF (IWD) 385 SHARES	FMV	63,621	63,621
MATERIALS SELECT SECTOR SPDR (ETF) 156 SHARES	FMV	13,344	13,344
PIMCO INCOME FUND CLASS I (PIMIX) 2,979 SHARES	FMV	31,636	31,636
SCHWAB INTL EQUITY ETF (SCHF) 5,356 SHARES	FMV	197,958	197,958
SPDR GOLD SHARES ETF (GLD) 4,221 SHARES	FMV	806,929	806,929
TECHNOLOGY SELECT SECTOR SPDR ETF (XLK) 349 SHARES	FMV	67,176	67,176
THE ISHARES MSCI EMERGING MARKETS EX CHINA ETF (EMXC) 1,802 SHARES	FMV	99,849	99,849
VANGUARD INTERMEDIATE TERM INV GD FD ADMIRAL (VFIDX) 70,380 SHARES	FMV	610,898	610,898
VANGUARD INTERM-TERM TRSRY INDEX FD CL ADMIRAL (VSIGX) 22,370 SHARES	FMV	448,295	448,295
VANGUARD MORTGAGE BACKED SECURITIES ETF (VMBS) 15,750 SHARES	FMV	730,170	730,170
VANGUARD SHORT-TERM CORP BD IDX ADMIRAL (VSCSX) 38,940 SHARES	FMV	819,301	819,301
VANGUARD ULTRA-SHORT TERM BOND FUND CLASS ADMIRAL (VUSFX) 13,711 SHARES	FMV	273,538	273,538

- TIN:

TY 2023 LegalFeesSchedule

Name:

ALDRICH FOUNDATION

EIN:

87-3136736

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	2,697	0		2,697

- TIN:

TY 2023 OtherExpensesSchedule

Name:

ALDRICH FOUNDATION

EIN:

87-3136736

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
INSURANCE	4,397	0	4,397
OFFICE EXPENSES	4,426	221	4,205
COMPUTER AND WEBSITE EXPENSES	410	0	410
BANK FEES AND SERVICE CHARGES	447	447	0
PAYROLL PROCESSING FEES	2,626	0	2,626
HR SERVICES FEES	912	46	866
ADR FEES	46	46	0

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

ALDRICH FOUNDATION

EIN:

87-3136736

Description	Amount
UNREALIZED APPRECIATION ON INVESTMENTS	1,792,163

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

ALDRICH FOUNDATION

EIN:

87-3136736

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
WEBSITE MARKETING FEES	20,600	0		20,600
INVESTMENT MANAGEMENT FEES	81,484	81,484		0

- TIN:

TY 2023 TaxesSchedule

Name:

ALDRICH FOUNDATION

EIN:

87-3136736

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAX	15,500	0		0
FOREIGN TAXES WITHHELD	659	659		0