Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
VITAL PROJECTS FUND INC
 
Number and street (or P.O. box number if mail is not delivered to street address)DAVID MENSCHEL 375 PARK AVE 3601
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10152
A Employer identification number

13-3711340
B Telephone number (see instructions)

(973) 472-6250
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$355,366,296J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 574,593 574,593  
4 Dividends and interest from securities... 10,626,868 10,626,868  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 47,952,803
b Gross sales price for all assets on line 6a 79,444,466
7 Capital gain net income (from Part IV, line 2)... 47,952,803
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
552,178 479,337  
12 Total. Add lines 1 through 11........ 59,706,442 59,633,601  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 215,000 107,500   107,500
14 Other employee salaries and wages...... 574,063 287,032   287,032
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
6,159 0   6,159
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
73,013 36,507   36,506
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
123,883 123,883   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
1,453,091 547,820   905,271
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,445,209 1,102,742   1,342,468
25 Contributions, gifts, grants paid....... 14,056,460 15,743,550
26 Total expenses and disbursements. Add lines 24 and 25 16,501,669 1,102,742   17,086,018
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 43,204,773
b Net investment income (if negative, enter -0-) 58,530,859
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.............      
2 Savings and temporary cash investments......... 7,774,738 10,369,328 10,369,328
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) 36,871,321 Click to see attachment
List of Attached Documents:
// Content
105,566,289 		105,566,289
b Investments—corporate stock (attach schedule)....... 300,024,945 Click to see attachment
List of Attached Documents:
// Content
223,755,826 		223,755,826
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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
12,544,236 		Click to see attachment
List of Attached Documents:
// Content
15,674,852 		Click to see attachment
List of Attached Documents:
// Content
15,674,853
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 357,215,240 355,366,295 355,366,296
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 1,853,893 166,803
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
4,962,607 		Click to see attachment
List of Attached Documents:
// Content
4,268,243
23 Total liabilities (add lines 17 through 22)......... 6,816,500 4,435,046
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 350,398,740 350,931,249
29 Total net assets or fund balances (see instructions)..... 350,398,740 350,931,249
30 Total liabilities and net assets/fund balances (see instructions). 357,215,240 355,366,295
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
350,398,740
2
Enter amount from Part I, line 27a .....................
2
43,204,773
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
29,957
4
Add lines 1, 2, and 3 ..........................
4
393,633,470
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
42,702,221
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
350,931,249
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 SHORT-TERM GAINS FROM SCHEDULE K-1S P 2023-01-01 2023-12-31
b LONG-TERM GAINS FROM SCHEDULE K-1S P 2022-01-01 2023-12-31
c LONG-TERM GAINS FROM GOLDMAN SACHS P 1981-01-01 2023-12-31
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 810,459     810,459
b 759,861     759,861
c 77,874,146   31,491,663 46,382,483
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       810,459
b       759,861
c       46,382,483
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 47,952,803
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) 1 813,579
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........................... 3 813,579
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- ..... 5 813,579
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 143,628
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.............. 7 143,628
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 22,264
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 692,215
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 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 arrowNY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowMCDERMOTT WILL EMERY LLP Telephone no.right arrow (212) 547-5400

Located atright arrow340 MADISON AVENUENEW YORKNY ZIP+4right arrow101731922
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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
DAVID F MENSCHEL PRESIDENT/DIRECTOR/TREASURER
15.00 		100,000 0 0
2530 SE 26TH AVE
PORTLAND,OR97202
MARIANNE SAMMARCO ASSISTANT SECRETARY
0.25 		75,000 0 0
375 PARK AVENUE SUITE 3601
NEW YORK,NY10152
JAY RIVLIN DIRECTOR
0.25 		40,000 0 0
340 MADISON AVENUE
NEW YORK,NY10173
RICHARD L MENSCHEL DIRECTOR
0.00 		0 0 0
375 PARK AVENUE SUITE 3601
NEW YORK,NY10152
LAUREN E MENSCHEL SECRETARY/DIRECTOR
0.00 		0 0 0
375 PARK AVENUE SUITE 3601
NEW YORK,NY10152
RONAY MENSCHEL DIRECTOR
0.00 		0 0 0
375 PARK AVENUE SUITE 3601
NEW YORK,NY10152
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
NANCY ERTAG-BRAND CFO
40.00 		243,341 44,917 0
130 EAST 18TH STREET
NEW YORK,NY10003
SOPHIE CULL CRIMINAL JUSTICE PRO
40.00 		138,923 12,104 0
3016 DUMAINE STREET
NEW ORLEANS,LA70119
LANEY BETH ELLISOR PROGRAM MANAGER
40.00 		101,538 12,104 0
312 N FREMONT ST
PORTLAND,OR97227
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 PLEASE NOTE THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT UNDER 0
2 INTERNAL REVENUE CODE SECTION 501(C)(3). 0
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
335,821,862
b
Average of monthly cash balances.......................
1b
1,540,547
c
Fair market value of all other assets (see instructions)................
1c
14,607,147
d
Total (add lines 1a, b, and c).........................
1d
351,969,556
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
351,969,556
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
5,279,543
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
346,690,013
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
17,334,501
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
17,334,501
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
813,579
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
813,579
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
16,520,922
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
16,520,922
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
16,520,922
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
17,086,018
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
17,086,018
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 16,520,922
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 14,744,433
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 17,086,018
a Applied to 2022, but not more than line 2a 14,744,433
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 2,341,585
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		14,179,337
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ABOLITIONIST LAW CENTER

PO BOX 8654
PITTSBURGH,PA15221 		NONE CHARITY GENERAL SUPPORT 75,000

ADVANCING REAL CHANGE

309 N CHARLES ST
BALTIMORE,MD21201 		NONE CHARITY GENERAL SUPPORT 50,000

ADVERTISING COUNCIL

815 SECOND AVENUE 9TH FLOOR
NEW YORK,NY10017 		NONE CHARITY GENERAL SUPPORT 25,000

ALABAMA APPLESEED

400 S UNION ST
MONTGOMERY,AL36104 		NONE CHARITY GENERAL SUPPORT 80,000

ARCHIVES OF AMERICAN ART

750 9TH ST NW
WASHINGTON,DC20001 		NONE CHARITY GENERAL SUPPORT 50,000

ARIZONA CAPITAL REPRESENTATION PROJECT

25 S GRANDE AVE
TUCSON,AZ85745 		NONE CHARITY GENERAL SUPPORT 150,000

ATLANTIC CENTER FOR CAPITAL REPRESENTATION

1315 WALNUT ST 1331
PHILADELPHIA,PA19107 		NONE CHARITY GENERAL SUPPORT 95,000

BRAIN & BEHAVIOR RESEARCH FDN

747 THIRD AVENUE 33RD FLOOR
NEW YORK,NY10017 		NONE CHARITY GENERAL SUPPORT 225,000

BRENNAN CENTER FOR JUSTICE

120 BROADWAY SUITE 1750
NEW YORK,NY10271 		NONE CHARITY GENERAL SUPPORT 100,000

BRIDGEHAMPTON CHAMBER MUSIC FESTIVAL

135 E 57TH STREET 14TH FL
NEW YORK,NY10022 		NONE CHARITY GENERAL SUPPORT 25,000

BRITISH SCHOOLS AND UNIVERSITIES FOUNDATION

575 MADISON AVENUE SUITE 1006
NEW YORK,NY100222511 		NONE CHARITY GENERAL SUPPORT 25,000

CENTER FOR COMMUNITY ALTERNATIVES

25 CHAPEL STREET 7TH FLOOR
BROOKLYN,NY11201 		NONE CHARITY GENERAL SUPPORT 50,000

CENTER FOR INDEPENDENT DOCUMENTARY

1300 SOLDIERS FIELD ROAD SUITE 5
BOSTON,MA02135 		NONE CHARITY GENERAL SUPPORT 100,000

CENTRAL PARK CONSERVANCY

717 FIFTH AVE
NEW YORK,NY10022 		NONE CHARITY GENERAL SUPPORT 25,000

CERES COMMUNITY PROJECT

PO BOX 1562
SEBASTOPOL,CA95473 		NONE CHARITY GENERAL SUPPORT 75,000

CHEF ANN FOUNDATION

5485 CONESTOGA CT 110F
BOULDER,CO80301 		NONE CHARITY GENERAL SUPPORT 175,000

CITY HARVEST INC

6 EAST 32ND STREET 5TH FLOOR
NEW YORK,NY10016 		NONE CHARITY GENERAL SUPPORT 250,000

CIVIL RIGHTS CORPS

1601 CONNETICUT AVENUE NW SUITE 800
WASHINGTON,DC20009 		NONE CHARITY GENERAL SUPPORT 560,000

COALITION FOR THE HOMELESS

1300 S FOURTH STREET 250
LOUISVILLE,KY40208 		NONE CHARITY GENERAL SUPPORT 100,000

COMMUNITY INITIATIVES

1000 BROADWAY SUITE 480
OAKLAND,CA94607 		NONE CHARITY GENERAL SUPPORT 25,000

CONGREGATION EMANU-EL

2 LAKE ST
SAN FRANCISCO,CA94118 		NONE CHARITY GENERAL SUPPORT 150,000

COUNCIL ON FOREIGN RELATIONS

58 EAST 68TH STREET
NEW YORK,NY10065 		NONE CHARITY GENERAL SUPPORT 35,000

DOMINICAN FRIARS OF IRVING TEXAS

3150 VINCE HAGAN STREET
IRVING,TX75062 		NONE CHARITY GENERAL SUPPORT 10,000

DRAWBRIDGE

PO BOX 2698
SAN RAFAEL,CA94912 		NONE CHARITY GENERAL SUPPORT 10,000

DRUG POLICY ALLIANCE

131 WEST 33RD STREET 15TH FLOOR
NEW YORK,NY10001 		NONE CHARITY GENERAL SUPPORT 200,000

DUKE UNIVERSITY

ALUMNI DEVELOPMENT
DURHAM,NC27708 		NONE CHARITY GENERAL SUPPORT 162,000

FAMILIES AGAINST MANDATORY MINIMUMS

1100 H STREET NW SUITE 1000
WASHINGTON,DC20005 		NONE CHARITY GENERAL SUPPORT 150,000

FEEDING AMERICA

161 NORTH CLARK STREET SUITE 700
CHICAGO,IL60601 		NONE CHARITY GENERAL SUPPORT 25,000

FIRST LOOK MEDIA WORKS INC

114 5TH AVE
NEW YORK,NY10011 		NONE CHARITY GENERAL SUPPORT 25,500

FLORIDA INTERNATIONAL UNIVERSITY FDN

11200 SW 8TH STREET
MIAMI,FL33199 		NONE CHARITY GENERAL SUPPORT 189,000

FOOD BANK FOR NEW YORK CITY

39 BROADWAY
NEW YORK,NY10006 		NONE CHARITY GENERAL SUPPORT 25,000

FRIENDS OF GEORGICA POND FOUNDATION

PO BOX 1393
WAINSCOTT,NY11975 		NONE CHARITY GENERAL SUPPORT 25,000

FRIENDS OF THE CHILDREN

44 NE MORRIS ST
PORTLAND,OR97212 		NONE CHARITY GENERAL SUPPORT 50,000

GLIDE MEMORIAL METHODIST CHURCH

330 ELLIS ST
SAN FRANCISCO,CA94102 		NONE CHARITY GENERAL SUPPORT 50,000

GUILD HALL OF EAST HAMPTON

158 MAIN ST
EAST HAMPTON,NY11937 		NONE CHARITY GENERAL SUPPORT 15,000

HABITAT FOR HUMANITY NEW YORK CITY

111 JOHN ST 23RD FLOOR
NEW YORK,NY10038 		NONE CHARITY GENERAL SUPPORT 100,000

HENRY STREET SETTLEMENT

265 HENRY ST
NEW YORK,NY10002 		NONE CHARITY GENERAL SUPPORT 30,000

HOLY ROSARY CHURCH

2716 N 42ND ST
FAIRMONT CITY,IL622012212 		NONE CHARITY GENERAL SUPPORT 75,000

HOMELESS PRENATAL PROGRAM

2500 18TH ST
SAN FRANCISCO,CA94110 		NONE CHARITY GENERAL SUPPORT 25,000

HOUR CHILDREN INC

36-11 12TH ST
QUEENS,NY11106 		NONE CHARITY GENERAL SUPPORT 30,000

I HAVE A DREAM FOUNDATION OF BOULDER COUNTY

322 8TH AVENUE SUITE 202
NEW YORK,NY10001 		NONE CHARITY GENERAL SUPPORT 75,000

LEWIS & CLARK COLLEGE

615 SW PALATINE HILL RD
PORTLAND,OR97219 		NONE CHARITY GENERAL SUPPORT 66,000

LONG HOUSE RESERVE

133 HANDS CREEK RD
EAST HAMPTON,NY11937 		NONE CHARITY GENERAL SUPPORT 50,000

LOUISIANA PAROLE PROJECT INC

251 FLORIDA STREET SUITE 400
BATON ROUGE,LA70801 		NONE CHARITY GENERAL SUPPORT 500,000

LOYOLA UNIVERSITY

1032 W SHERIDAN RD
CHICAGO,IL60660 		NONE CHARITY GENERAL SUPPORT 100,000

MAD AGRICULTURE

728 PEARL ST
BOULDER,CO80302 		NONE CHARITY GENERAL SUPPORT 50,000

MAKE THE ROAD

301 GROVE STREET
BROOKLYN,NY11237 		NONE CHARITY GENERAL SUPPORT 60,000

MARIJUANA POLICY PROJECT FOUNDATION

PO BOX 21824
WASHINGTON,DC20009 		NONE CHARITY GENERAL SUPPORT 25,000

MEL BLOUNT YOUTH HOME OF PA INC

6 MEL BLOUNT DRIVE
CLAYSVILLE,PA15323 		NONE CHARITY GENERAL SUPPORT 50,000

MEMORIAL SLOAN-KETTERING HOSPITAL

1275 YORK AVENUE
NEW YORK,NY10065 		NONE CHARITY GENERAL SUPPORT 50,000

MESTIZO DANCE INC

8520 ELMHURST AVE APT 2F
ELMHURST,NY113733310 		NONE CHARITY GENERAL SUPPORT 50,000

MILE HIGH UNITED WAY

711 PARK AVE W
DENVER,CO80205 		NONE CHARITY GENERAL SUPPORT 75,000

MINISTRY AGAINST THE DEATH PENALTY

3009 GRAND RTE ST JOHN 6
NEW ORLEANS,LA70119 		NONE CHARITY GENERAL SUPPORT 75,000

MITCHELL HAMLINE SCHOOL OF LAW

875 SUMMIT AVE
ST PAUL,MN55105 		NONE CHARITY GENERAL SUPPORT 246,000

MUSEUM OF MODERN ART

11 WEST 53 STREET
MANHATTAN,NY10019 		NONE CHARITY GENERAL SUPPORT 200,000

NATIONAL GALLERY OF ART

2000 SOUTH CLUB DRIVE
LANDOVER,MD20785 		NONE CHARITY GENERAL SUPPORT 75,000

NATIONAL MARFAN FOUNDATION

22 MANHASSET AVENUE
PORT WASHINGTON,NY11050 		NONE CHARITY GENERAL SUPPORT 150,000

NATIONAL RELIGIOUS CAMPAIGN AGAINST TORTURE

PO BOX 91820
WASHINGTON,DC20090 		NONE CHARITY GENERAL SUPPORT 80,000

NEW YORK CITY BALLET

20 LINCOLN CENTER PLAZA
NEW YORK,NY10023 		NONE CHARITY GENERAL SUPPORT 100,000

NEW YORK CITY CENTER

131 W 55TH ST
NEW YORK,NY10019 		NONE CHARITY GENERAL SUPPORT 30,000

NEW YORK COMMON PANTRY

8 E 109TH ST
NEW YORK,NY10029 		NONE CHARITY GENERAL SUPPORT 30,000

NEW YORK PRESBYTERIAN HOSPITAL - WEILL CORNELL MEDICAL SCHOOL

5141 BRAODWAY
NEW YORK,NY10034 		NONE CHARITY GENERAL SUPPORT 675,000

NEW YORK PUBLIC LIBRARY

476 FIFTH AVENUE AMD 42ND STREET
NEW YORK,NY10018 		NONE CHARITY GENERAL SUPPORT 100,000

NORTHERN ARIZONA UNIVERSITY

S SAN FRANCISCO ST
FLAGSTAFF,AZ86011 		NONE CHARITY GENERAL SUPPORT 25,000

NURSE FAMILY PARTNERSHIP

1900 GRANT ST 4TH FLOOR
DENVER,CO80203 		NONE CHARITY GENERAL SUPPORT 125,000

OHIO JUSTICE AND POLICY CENTER

215 E 9TH ST
CINCINNATI,OH45202 		NONE CHARITY GENERAL SUPPORT 75,000

OUTWARD BOUND BAY AREA

1539 PERSHING DR
SAN FRANCISCO,CA94129 		NONE CHARITY GENERAL SUPPORT 10,000

PAROLE PREPARATION PROJECT INC

135 W 20TH ST SUITE 401
NEW YORK,NY10011 		NONE CHARITY GENERAL SUPPORT 100,000

PART OF THE SOLUTION INC (POTS)

2759 WEBSTER AVE
BRONX,NY10458 		NONE CHARITY GENERAL SUPPORT 30,000

PLAYERS PHILANTHROPY FUND

1122 KENILWORTH DR SUITE 201
TOWSON,MD21204 		NONE CHARITY GENERAL SUPPORT 170,000

PROTEUS FUND

15 RESEARCH DRIVE SUITE B
AMHERST,MA01002 		NONE CHARITY GENERAL SUPPORT 2,705,000

RESTORE JUSTICE FOUNDATION

PO BOX 101099
CHICAGO,IL60610 		NONE CHARITY GENERAL SUPPORT 50,000

SAFE AND JUST MICHIGAN

521 SEYMOUR AVE
LANSING,MI48933 		NONE CHARITY GENERAL SUPPORT 200,000

SCHOOLS THAT CAN

25 BROADWAY 12TH FLOOR
NEW YORK,NY10004 		NONE CHARITY GENERAL SUPPORT 15,000

SCRAP

1736 SW ALDER STREET
PORTLAND,OR97205 		NONE CHARITY GENERAL SUPPORT 15,000

SCRIBE VIDEO CENTER

3908 LANCASTER AVE
PHILADELPHIA,PA19104 		NONE CHARITY GENERAL SUPPORT 50,000

SEATTLE CELEMENCY PROJECT

1126 34TH AVE 309
SEATTLE,WA98122 		NONE CHARITY GENERAL SUPPORT 50,000

SECOND LOOK ALLIANCE

4204 PINE PARK DR
BATON ROUGE,LA70809 		NONE CHARITY GENERAL SUPPORT 100,000

SECOND LOOK PROJECT

200 MASSACHUSSETS AVE NW 8TH FLOOR
WASHINGTON,DC20001 		NONE CHARITY GENERAL SUPPORT 125,000

SEEDS OF PEACE

370 LEXINGTON AVENUE SUITE 1201
NEW YORK,NY10017 		NONE CHARITY GENERAL SUPPORT 100,000

SOCIAL AND ENVIORMENTAL ENTREPRENEURS

23564 CALABASAS ROAD SUITE 201
CALABASAS,CA91302 		NONE CHARITY GENERAL SUPPORT 50,000

SOUTHERN CENTER FOR HUMAN RIGHTS

60 WALTON ST NW
ATLANTA,GA303032149 		NONE CHARITY GENERAL SUPPORT 75,000

SOUTHERN POVERTY LAW CENTER

400 WASHINGTON AVENUE
MONTGOMERY,AL36104 		NONE CHARITY GENERAL SUPPORT 10,000

STOREFRONT ACADEMY HARLEM

70 E 129TH ST
NEW YORK,NY10035 		NONE CHARITY GENERAL SUPPORT 25,000

TEXAS DEFENDER SERVICE

1927 BLODGETT ST
HOUSTON,TX77004 		NONE CHARITY GENERAL SUPPORT 300,000

THE CAMPAIGN AGAINST HUNGER (TCAH)

2010 FULTON ST
BROOKLYN,NY11233 		NONE CHARITY GENERAL SUPPORT 30,000

TIDES CENTER

PO BOX 889385
LOS ANGELES,CA90088 		NONE CHARITY GENERAL SUPPORT 260,000

TIDES FOUNDATION

1012 TORNEY AVENUE
SAN FRANCISCO,CA941291755 		NONE CHARITY GENERAL SUPPORT 40,000

TULANE UNIVERSITY

6823 ST CHARLES AVE
NEW ORLEANS,LA70118 		NONE CHARITY GENERAL SUPPORT 300,000

UBUNTU PATHWAYS

32 BROADWAY
NEW YORK,NY10004 		NONE CHARITY GENERAL SUPPORT 10,000

VERMONTERS FOR CRIMINAL JUSTICE REFORM

PO BOX 8753
BURLINGTON,VT05402 		NONE CHARITY GENERAL SUPPORT 100,000

YALE UNIVERSITY

PO BOX 2038
NEW HAVEN,CT06520 		NONE CHARITY GENERAL SUPPORT 225,000

ABILITY CENTER OF VIRGINIA

5825 ARROWHEAD DR 201
VIRGINIA BEACH,VA23462 		NONE CHARITY GENERAL SUPPORT 15,000

ACLU OF MICHIGAN FOUNDATION

2966 WOODWARD AVENUE
DETROIT,MI48201 		NONE CHARITY GENERAL SUPPORT 75,000

ACLU OF NEW JERSEY FOUNDATION

PO BOX 32159
NEWARK,NJ07102 		NONE CHARITY GENERAL SUPPORT 100,000

ACLU OF PENNSYLVANIA FOUNDATION

PO BOX 60173
PHILADELPHIA,PA19102 		NONE CHARITY GENERAL SUPPORT 100,000

ASSOCIATION FOR THE PUBLIC DEFENDER OF MARYLAND

6 ST PAUL STREET 14TH FLOOR
BALTIMORE,MD21202 		NONE CHARITY GENERAL SUPPORT 235,000

BEDFORD PLAYHOUSE INC

633 OLD POST RD
BEDFORD,NY10506 		NONE CHARITY GENERAL SUPPORT 15,000

BRADY CENTER TO PREVENT GUN VIOLENCE (WAS CENTER TO PREV)

840 FIRST STREET NE SUITE 400
WASHINGTON,DC20002 		NONE CHARITY GENERAL SUPPORT 10,000

CENTER FOR DEATH PENALTY LITIGATION

3326 DURHAM-CHAPEL HILL BLVD BLDG D
SUITE 201
DURHAM,NC27707 		NONE CHARITY GENERAL SUPPORT 50,000

CHICAGO LAWYERS COMMITTEE FOR CIVIL RIGHTS UNDER LAW

100 NORTH LASALLE STREET SUITE 600
CHICAGO,IL60602 		NONE CHARITY GENERAL SUPPORT 50,000

CHICAGO MEDIA PROJECT

301 W GRAND 170
CHICAGO,IL60654 		NONE CHARITY GENERAL SUPPORT 70,000

CITY UNIVERSITY OF NY SCHOOL OF LAW

2 CT SQUARE W
QUEENS,NY11101 		NONE CHARITY GENERAL SUPPORT 150,000

COMMITTEE TO PROTECT JOURNALISTS

PO BOX 2675
NEW YORK,NY10108 		NONE CHARITY GENERAL SUPPORT 20,000

DESERVING LIFE

1300G EL PASEO RD UNIT 310
LAS CRUCES,NM880016024 		NONE CHARITY GENERAL SUPPORT 50,000

FELONY MURDER ELIMINATION PROJECT

PO BOX 441
CLAYTON,CA94517 		NONE CHARITY GENERAL SUPPORT 110,000

FILM INDEPENDENT

5670 WILSHIRE BLVD APT 9
LOS ANGELES,CA90036 		NONE CHARITY GENERAL SUPPORT 30,000

FREEDOM PROJECT

PO BOX 57
RENTON,WA98057 		NONE CHARITY GENERAL SUPPORT 130,000

HEALING ADVOCACY FUND

8110 SE RAMONA ST
PORTLAND,OR972065155 		NONE CHARITY GENERAL SUPPORT 100,000

ILLINOIS PRISON PROJECT

53 W JACKSON SUITE 452
CHICAGO,IL60604 		NONE CHARITY GENERAL SUPPORT 100,000

INTERNATIONAL CENTER OF PHOTOGRAPHY

79 ESSEX STREET
NEW YORK,NY10002 		NONE CHARITY GENERAL SUPPORT 50,000

INVESTIGATIVE REPORTERS AND EDITORS INC

221 S EIGHTH ST
COLUMBIA,MO65201 		NONE CHARITY GENERAL SUPPORT 282,000

JUSTICE PROJECT (AKA ARIZONA JUSTICE PROJECT)

4001 N 3RD ST SUITE 401
PHOENIX,AZ85012 		NONE CHARITY GENERAL SUPPORT 100,000

LINCOLN CENTER FOR PERFORMING ARTS-JAZZ AT LINCOLN CENTER

10 COLUMBUS CIR
NEW YORK,NY10023 		NONE CHARITY GENERAL SUPPORT 75,000

LOOK2JUSTICE

PO BOX 30624
SEATTLE,WA98113 		NONE CHARITY GENERAL SUPPORT 50,000

NATIONAL POLICE ACCOUNTABILITY PROJECT

PO BOX 508
REDMOND,WA98073 		NONE CHARITY GENERAL SUPPORT 150,000

NATIONAL REGISTRY OF EXONERATIONS FOUNDATION

1140 ABBOTT RD 154
EAST LANSING,MI48826 		NONE CHARITY GENERAL SUPPORT 100,000

NEW YORK FOCUS NEWS

361 WARREN ST
BROOKLYN,NY11201 		NONE CHARITY GENERAL SUPPORT 45,000

NEW YORK UNIVERSITY

50 WEST 4TH STREET
NEW YORK,NY10012 		NONE CHARITY GENERAL SUPPORT 72,050

OREGON JUSTICE RESOURCE CENTER

PO BOX 5248
PORTLAND,OR97208 		NONE CHARITY GENERAL SUPPORT 50,000

PORTLAND INSTITUTE FOR CONTEMPORY ART

15 NE HANCOCK ST
PORTLAND,OR97212 		NONE CHARITY GENERAL SUPPORT 397,000

PROJECT 6

1 NORTH CHARLES ST
BALTIMORE,MD212013740 		NONE CHARITY GENERAL SUPPORT 50,000

PROMISE OF JUSTICE INITIATIVE

1024 ELYSIAN FIELDS AVE
NEW ORLEANS,LA70116 		NONE CHARITY GENERAL SUPPORT 100,000

PROSPECTS OPPORTUNITY AND ENRICHMENT INC

25 PROSPECT ST
RIDGEFIELD,CT068774509 		NONE CHARITY GENERAL SUPPORT 20,000

RIDGEFIELD PLAYHOUSE FOR MOVIES AND THE PERFORMING ARTS

80 E RIDGE RD
RIDGEFIELD,CT06877 		NONE CHARITY GENERAL SUPPORT 15,000

RIGHTS BEHIND BARS

416 FLORIDA AVENUE NW 26152
WASHINGTON,DC20001 		NONE CHARITY GENERAL SUPPORT 200,000

SOUTHERN POVERTY LAW CENTER - TEACHING TOLERANCE

400 WASHINGTON AVENUE
MONTGOMERY,AL36104 		NONE CHARITY GENERAL SUPPORT 50,000

THE JUILLIARD SCHOOL

60 LINCOLN CENTER PLAZA
NEW YORK,NY10023 		NONE CHARITY GENERAL SUPPORT 50,000

THE METROPOLITAN MUSEUM OF ART

1000 5TH AVE
NEW YORK,NY10028 		NONE CHARITY GENERAL SUPPORT 242,000

THE POLITICAL REPORT INC

1250 CONNECTICUT AVE NW STE 700
WASHINGTON,DC200362657 		NONE CHARITY GENERAL SUPPORT 200,000

UNC LAW FOUNDATION INC

160 RIDGE ROAD CB 3380
CHAPEL HILL,NC275993380 		NONE CHARITY GENERAL SUPPORT 62,000

WOODHULL FREEDOM FOUNDATION

201 YORK ROAD SUITE 1-512
JENKINTOWN,PA19046 		NONE CHARITY GENERAL SUPPORT 50,000
Total .................................right arrow 3a 15,743,550
bApproved for future payment

SEE ATTACHED VARIOUS ORGANIZATIONS
SEE ATTACHED
SEE ATTACHED,NY10152 		NONE CHARITY GENERAL SUPPORT 175,000
Total ................................. right arrow 3b 175,000
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 ........... 		    14 574,593  
4 Dividends and interest from securities ....     14 10,626,868  
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 .....     01 552,178  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 47,952,803  
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 59,706,442 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
59,706,442
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
VITAL PROJECTS FUND INC
EIN:
13-3711340
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SAX LLP 50,100 25,050   25,050
CONDON O'MEARA, MCGINTY 22,913 11,457   11,456

TY 2023 InvestmentsCorpStockSchedule
Name:
VITAL PROJECTS FUND INC
EIN:
13-3711340
Name of Stock End of Year Book Value End of Year Fair Market Value
GOLDMAN SACHS ACCOUNT NO. 6795 223,755,826 223,755,826

TY 2023 InvestmentsGovtObligationsSch
Name:
VITAL PROJECTS FUND INC
EIN:
13-3711340
US Government Securities - End of Year Book Value:

105,566,289
US Government Securities - End of Year Fair Market Value:

105,566,289
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 LegalFeesSchedule
Name:
VITAL PROJECTS FUND INC
EIN:
13-3711340
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MCDERMOTT, WILL, & EMERY 6,159 0   6,159


TY 2023 OtherAssetsSchedule
Name:
VITAL PROJECTS FUND INC
EIN:
13-3711340
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ETON PARK OVERSEAS FUND LTD 248 308 309
LONE CASCADE, LP 10,718,928 0 0
WHITEHALL PARALLEL GL RE LP 01 7,952 0 0
DIVIDEND RECEIVABLE 492,724 490,587 490,587
DUE FROM CHARINA ENDOWMENT FUND 7,675 36,869 36,869
RIGHT TO USE ASSET - LEASE 1,316,709 1,080,880 1,080,880
REDEMPTION RECEIVABLE (LONE CASCADE K-1) 0 14,066,208 14,066,208


TY 2023 OtherDecreasesSchedule
Name:
VITAL PROJECTS FUND INC
EIN:
13-3711340
Description Amount
UNREALIZED APPRECIATION FROM INVESTMENTS 42,111,152
ADJUSTMENT FOR DEFERRED FEDERAL EXCISE TAXES 591,069


TY 2023 OtherExpensesSchedule
Name:
VITAL PROJECTS FUND INC
EIN:
13-3711340
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING EXPENSE 336,024 0   336,024
INFORMATION TECHNOLOGY 42,821 0   42,821
INSURANCE 32,672 0   32,672
MISCELLANEOUS OFFICE EXPENSE 4,952 0   4,952
PAYROLL TAXES AND OTHER PR EXP 175,642 158,089   17,553
PORTFOLIO DEDUCTIONS THRU K-1S 274,141 274,141   0
RENT EXPENSE 292,407 73,102   219,305
SUBSCRIPTIONS 54,754 0   54,754
SUPPLIES 3,740 0   3,740
TRAVEL & ENTERTAINMENT 91,708 0   91,708
GENERAL & ADMINISTRATIVE 9,737 0   9,737
DIRECTORY 1,500 0   1,500
LOGO DESIGN 29,025 0   29,025
INTERIOR DESIGN 49,095 0   49,095
BANK FEES 2 0   2
INVESTMENT MANGEMENT FEES 42,488 42,488   0
COMPUTERS 12,244 0   12,244
POSTAGE 139 0   139


TY 2023 OtherIncomeSchedule2
Name:
VITAL PROJECTS FUND INC
EIN:
13-3711340
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME FROM K-1'S 3,613 3,613 0
RENTAL REAL ESTATE INCOME FROM K-1'S 0 0 0
ORDINARY INCOME FROM K-1'S 40 40 0
SECTION 1231 FROM K-1'S 0 0 0
FEDERAL TAXES PAID & DEFERRED 399,697 399,697 0
GRANTS PAID IN PREVIOUS YEARS 0 0 0
SALARY REIMBURSEMENTS FROM CEF 145,682 72,841 0
SECTION 988 INCOME/(LOSS) FROM K-1'S 1 1 0
STATE TAXES PAID & DEFERRED 3,145 3,145 0


TY 2023 OtherIncreasesSchedule
Name:
VITAL PROJECTS FUND INC
EIN:
13-3711340
Description Amount
PRIOR YEAR DIFFERENCE 29,957


TY 2023 OtherLiabilitiesSchedule
Name:
VITAL PROJECTS FUND INC
EIN:
13-3711340
Description Beginning of Year - Book Value End of Year - Book Value
DUE TO HORACE W. GOLDSMITH FDN 76,437 75,737
DEFERRED FEDERAL EXCISE TAXES 3,353,920 2,762,851
STATE TAXES PAYABLE 585 585
ACCRUED ACCOUNTING FEES 50,000 50,000
ACCOUNTS PAYABLE 1,000 11,000
DUE TO GOLDMAN SACHS 105,000 90,667
RIGHT TO USE - OPERATING LEASE LIABILITY 1,375,665 1,277,403


TY 2023 TaxesSchedule
Name:
VITAL PROJECTS FUND INC
EIN:
13-3711340
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES THRU K-1'S 7,249 7,249   0
FOREIGN TAX THRU GOLDMAN SACHS 116,634 116,634   0