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
PUTCHIE FOUNDATION
C/O INTENTIONAL PHILANTHROPY LLC

Number and street (or P.O. box number if mail is not delivered to street address)4801 HAMPDEN LANE 106
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BETHESDA, MD20814

A Employer identification number

84-3229178

B Telephone number (see instructions)

(301) 761-4433

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

$10,253,961J 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	Check .............
3	Interest on savings and temporary cash investments	16,371		16,371
4	Dividends and interest from securities...	256,589		256,589
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-526,720
b	Gross sales price for all assets on line 6a 4,791,565
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........	-253,760		272,960
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	161	0	161
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	4,252	0	4,252
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	108,538	72,538	36,000
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	13,001	13,001	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	31,523	24,900	6,623
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	157,475		110,439	47,036
25	Contributions, gifts, grants paid.......	580,000			580,000
26	Total expenses and disbursements. Add lines 24 and 25	737,475		110,439	627,036
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-991,235
b	Net investment income (if negative, enter -0-)			162,521
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.........	451,596	202,039	202,039
	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)	212,229	List of Attached Documents: // Content 228,130	228,130
	b	Investments—corporate stock (attach schedule).......	5,906,529	List of Attached Documents: // Content 6,828,975	6,828,975
	c	Investments—corporate bonds (attach schedule).......	2,725,861	List of Attached Documents: // Content 2,687,871	2,687,871
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	386,632	List of Attached Documents: // Content 306,946	306,946
	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)	9,682,847	10,253,961	10,253,961
	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...........	9,682,847	10,253,961
	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).....	9,682,847	10,253,961
	30	Total liabilities and net assets/fund balances (see instructions).	9,682,847	10,253,961

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) ...............

9,682,847

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

-991,235

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

List of Attached Documents:

// Content

1,562,349

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

10,253,961

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 .

10,253,961

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	SALE OF PUBLICLY TRADED SECURITIES	P
b
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	4,791,565	5,318,285	-526,720
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-526,720
b
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	-526,720
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	2,259
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	2,259
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	2,259
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	32,243
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	32,243
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	29,984
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax29,984	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

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

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

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

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

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

Yes

Website address right arrow

N/A

The books are in care of right arrow

INTENTIONAL PHILANTHROPY LLC Telephone no. right arrow

(301) 761-4433

Located at right arrow

4801 HAMPDEN LANE SUITE 106BETHESDAMD ZIP+4 right arrow

20814

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

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

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

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

16 No

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

Form 990-PF (2023)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

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

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

1a(5)

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

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

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

1a(6)

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

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

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

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

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

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

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

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

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

If "Yes," list the years right arrow

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2023)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
SARAH K BENSON	DIRECTOR, PRESIDENT & SECRETARY 1.00	0	0	0
4801 HAMPDEN LANE SUITE 106 BETHESDA,MD20814	DIRECTOR, PRESIDENT & SECRETARY 1.00	0	0	0
NICK WUSZ	DIRECTOR 1.00	0	0	0
4801 HAMPDEN LANE SUITE 106 BETHESDA,MD20814	DIRECTOR 1.00	0	0	0

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


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









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

Form 990-PF (2023)

Page 7

Part VII

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

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
FIDELITY INVESTMENTS	INVESTMENT MANAGEMENT	72,538
PO BOX 770001 CINCINNATI,OH452770003	INVESTMENT MANAGEMENT	72,538

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...................

9,564,607

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

319,074

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

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

9,883,681

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.........................

9,883,681

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

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

148,255

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

9,735,426

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

486,771

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..................

486,771

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

2,259

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

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

2,259

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

484,512

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

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

484,512

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

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

484,512

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 ..........

627,036

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. .......

627,036

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					484,512
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......	119,233
d From 2021......	9,042
e From 2022......	110,302
f Total of lines 3a through e ........		238,577
4Qualifying distributions for 2023 from Part
XI, line 4: $ 627,036
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.....					484,512
e Remaining amount distributed out of corpus		142,524
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		381,101
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 ......		381,101
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....	119,233
c Excess from 2021....	9,042
d Excess from 2022....	110,302
e Excess from 2023....	142,524

Form 990-PF (2023)

Page 10

Part XIII

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

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

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

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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

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

Check here right arrow

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

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

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

cAny submission deadlines:

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

Form 990-PF (2023)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
DOUGY CENTER INC PO BOX 86852 PORTLAND,OR97286	N/A	PC	GENERAL OPERATING SUPPORT	15,000
FRIENDS OF THE CHILDREN PORTLAND 44 NE MORRIS PORTLAND,OR97212	N/A	PC	GENERAL OPERATING SUPPORT	125,000
GREATER THAN 2916 NW ALBERTA ST SUITE D PORTLAND,OR97211	N/A	PC	GENERAL OPERATING SUPPORT	150,000
KAIROSPDX PO BOX 12190 PORTLAND,OR97212	N/A	PC	GENERAL OPERATING SUPPORT	150,000
KINSHIP HOUSE 1823 NE 8TH AVE PORTLAND,OR97212	N/A	PC	GENERAL OPERATING SUPPORT	125,000
TRAUMA INTERVENTION PROGRAM NW 4800 NW 122ND AVE PORTLAND,OR97230	N/A	PC	GENERAL OPERATING SUPPORT	15,000
Total ................................. 3a				580,000

bApproved for future payment

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

Form 990-PF (2023)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	16,371
4 Dividends and interest from securities ....			14	256,589
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	-526,720
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		-253,760	0

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

-253,760

(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:

PUTCHIE FOUNDATION

C/O INTENTIONAL PHILANTHROPY LLC

EIN:

84-3229178

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEES	4,252	0		4,252

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

PUTCHIE FOUNDATION

C/O INTENTIONAL PHILANTHROPY LLC

EIN:

84-3229178

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC SER B NOTE 2.60 % DUE NOV 21, 2024	71,314	71,314
AMERICAN EXPRESS CO NOTE 4.05 % DUE MAY 3, 2029	75,223	75,223
AMERICAN TOWER CORP NOTE CALL MAKE WHOLE 3.375 % DUE MAY 15, 2024	73,303	73,303
AMGEN INC NOTE CALL MAKE WHOLE 2.20 % DUE FEB 21, 2027	74,386	74,386
APPLE INC NOTE CALL MAKE WHOLE 1.125 % DUE MAY 11, 2025	73,424	73,424
BANK NEW YORK MELLON CORP MTN 5.802 % DUE OCT 25, 2028	74,648	74,648
BANK OF MONTREAL SER E MTN 3.30 % DUE FEB 5, 2024	72,745	72,745
COMCAST CORP NEW NOTE CALL MAKE WHOLE 3.95 % DUE OCT 15, 2025	72,986	72,986
CVS HEALTH CORP NOTE CALL MAKE WHOLE 3.875 % DUE JUL 20, 2025	63,875	63,875
EUROPEAN INVT BK 144A NOTE 0.375 % DUE JUL 24, 2024	50,684	50,684
EUROPEAN INVT BK 144A NOTE 3.875 % DUE MAR 15, 2028	180,311	180,311
INTER-AMERICAN DEV BK NOTE 4.50 % DUE SEP 13, 2033	150,906	150,906
INTER-AMERICAN DEV BK SER 670 MTN 3.125 % DUE SEP 18, 2028	199,278	199,278
INTERNATIONAL BK FOR RECONANDDEV NOTE 0.75 % DUE AUG 26, 2030	142,335	142,335
INTERNATIONAL BK FOR RECONANDDEV NOTE 1.25 % DUE FEB 10, 2031	233,072	233,072
INTERNATIONAL BK FOR RECONANDDEV SER 100225 2.50 % DUE NOV 22, 2027	266,462	266,462
INTERNATIONAL BK FOR RECONANDDEV SER 101234 0.50 % DUE OCT 28, 2025	211,550	211,550
INTERNATIONAL BK FOR RECONANDDEV SER 101426 1.625 % DUE NOV 3, 2031	119,550	119,550
MORGAN STANLEY 3.95 % DUE APR 23, 2027	36,887	36,887
NEXTERA ENERGY CAP HLDGS INC BOND 4.45 % DUE JUN 20, 2025	73,350	73,350
PNC FINL SVCS GROUP INC NOTE 5.354 % DUE DEC 2, 2028	74,859	74,859
ROYAL BK CDA NOTE 4.65 % DUE JAN 27, 2026	73,373	73,373
SALESFORCE COM INC NOTE CALL MAKE WHOLE 1.95 % DUE JUL 15, 2031	76,015	76,015
STATE STR CORP NOTE 5.104 % DUE MAY 18, 2026	73,075	73,075
TORONTO DOMINION BANK MTN 2.80 % DUE MAR 10, 2027	35,838	35,838
TRUIST FINL CORP SER G MTN 4.873 % DUE JAN 26, 2029	38,422	38,422

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

PUTCHIE FOUNDATION

C/O INTENTIONAL PHILANTHROPY LLC

EIN:

84-3229178

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3I GROUP UNSP ADR	21,521	21,521
AAC TECHNOLOGIES	15,619	15,619
ABB LTD SPON ADR	34,022	34,022
ABBOTT LABORATORIES	33,681	33,681
ACCENTURE PLC	23,160	23,160
ADOBE SYSTEMS	25,057	25,057
AENA SME SA	19,849	19,849
AGENUS INC	5,522	5,522
AGILENT TECHNOLOGIES	22,245	22,245
AIA GROUP ADR	29,678	29,678
AJINOMOTO ADR REP	17,381	17,381
ALLIANZ SE UNSPON	27,224	27,224
ALPHABET INC CAP STK	19,871	19,871
ALPHABET INC CAP STK	73,477	73,477
AMADEUS IT GROUP S A	17,083	17,083
AMAZON.COM INC	76,578	76,578
AMERICAN	22,154	22,154
AMERICAN EXPRESS CO	23,043	23,043
ANGLO AMERICAN SPON	39,050	39,050
ANHEUSER-BUSCH INBEV	22,552	22,552
ANTHEM INC	23,106	23,106
ANZ GROUP HOLDINGS	20,944	20,944
AON PLC SHS CL A	13,969	13,969
API GROUP CORP COM	22,801	22,801
APPLE INC	146,323	146,323
APPLIED MATERIALS	21,069	21,069
ARGAN INC COM	19,277	19,277
ARISTA NETWORKS INC	19,076	19,076
ASE TECHNOLOGY	21,530	21,530
ASML HOLDING NV	40,874	40,874
ASX LTD UNSP ADR	18,213	18,213
ATLAS COPCO ADR REP	25,746	25,746
ATMOS ENERGY CORP	22,137	22,137
AUO CORPORATION SPON	16,552	16,552
AUTOMATIC DATA	18,871	18,871
AVANGRID INC COM	18,960	18,960
AXA SA SPON ADR EACH	18,630	18,630
BAIDU INC SPON ADS	18,102	18,102
BANCO BRADESCO SA SP	25,872	25,872
BANK OF NEW YORK	23,995	23,995
BANK RAKYAT	15,774	15,774
BARNES GROUP INC	15,075	15,075
BAYERISCHE MOTOREN	29,776	29,776
BC LATINOAMERICANO	34,883	34,883
BDO UNIBANK INC SPON	18,877	18,877
BECTON DICKINSON &CO	19,506	19,506
BNP PARIBAS ADR	26,402	26,402
BOOKING HOLDINGS INC	21,283	21,283
BORG WARNER INC COM	16,133	16,133
BOSTON SCIENTIFIC	22,835	22,835
BRAMBLES LTD SPON	16,725	16,725
BROADCOM INC COM	39,069	39,069
BROOKFIELD	5,257	5,257
CANON ADR REP ORD	16,640	16,640
CARRIER GLOBAL	20,108	20,108
CATERPILLAR INC COM	23,358	23,358
CENTENE CORP	19,295	19,295
CHECK POINT SOFTWARE	18,182	18,182
CHINA MERCHANTS BANK	14,626	14,626
CIGNA CORP NEW COM	26,052	26,052
CINTAS CORP	21,696	21,696
CISCO SYSTEMS INC	36,728	36,728
CME GROUP INC COM	20,218	20,218
COGNIZANT TECHNOLOGY	17,598	17,598
COLGATE-PALMOLIVE CO	21,920	21,920
COMCAST CORP	38,500	38,500
COMERICA INC	19,645	19,645
COMMONWEALTH BANK OF	30,476	30,476
COMPAGNIE DE	23,526	23,526
COMPAGNIE FINANCIERE	22,274	22,274
CONSTELLATION BRANDS	17,164	17,164
CONTINENTAL AG SPON	17,956	17,956
COPART INC COM	23,373	23,373
CORNING INC	14,372	14,372
CORTEVA INC COM	23,529	23,529
CREDIT AGRICOLE S A	17,706	17,706
DAIMLER AG UNSP ADR	23,567	23,567
DARDEN RESTAURANTS	19,059	19,059
DEERE & CO	15,595	15,595
DELEK US HLDGS INC	15,893	15,893
DEUTSCHE TELEKOM AG	24,130	24,130
DEVON ENERGY CORP	37,871	37,871
DIAGEO ADR EACH REPR	20,975	20,975
DISCO CORPORATION	19,727	19,727
DISCOVER FINANCIAL	23,716	23,716
DISNEY WALT CO COM	37,741	37,741
DNB BANK ASA SPON	20,578	20,578
DOVER CORP COM	21,226	21,226
DR HORTON INC COM	23,101	23,101
DSV A/S UNSP ADR	22,656	22,656
DUPONT DE NEMOURS	17,463	17,463
EAST JAPAN RAILWAY	19,761	19,761
EBAY INC. COM	16,183	16,183
EDISON INTERNATIONAL	24,378	24,378
ELEMENT SOLUTIONS	20,687	20,687
ELI LILLY AND CO	44,302	44,302
EMERSON ELECTRIC CO	16,449	16,449
ESCO TECHNOLOGIES	20,831	20,831
ESSENTIAL UTILS INC	19,571	19,571
ESSILOR LUXOTTICA	20,601	20,601
ESTEE LAUDER	16,380	16,380
EVERSOURCE ENERGY	26,354	26,354
EXPEDITORS	18,062	18,062
FAST RETAILING CO	16,748	16,748
FIDELITY NATL	17,721	17,721
FIRST INTERSTATE	20,449	20,449
FISERV INC	21,122	21,122
FMC CORP COM NEW	11,286	11,286
FOMENTO ECONOMICO	17,858	17,858
FORTESCUE METALS	28,449	28,449
FORTIVE CORP COM	16,199	16,199
FUJIFILM HOLDINGS	18,699	18,699
GALLAGHER(ARTHUR	16,866	16,866
GENERAL MILLS INC	18,956	18,956
GENPACT LIMITED COM	14,578	14,578
GENUINE PARTS CO COM	17,313	17,313
GOLAR LNG LIMITED	17,541	17,541
GOLDMAN SACHS GROUP	28,547	28,547
HAWAIIAN HOLDINGS	24,935	24,935
HDFC BANK LTD SPON	29,260	29,260
HERITAGE COMM CORP	19,969	19,969
HERMES INTERNATIONAL	22,961	22,961
HEXAGON AB ADR EACH	22,574	22,574
HITACHI ADR EACH	29,059	29,059
HOME DEPOT INC	33,615	33,615
HORMEL FOODS CORP	12,844	12,844
HOYA ADR	18,304	18,304
HUNTINGTON	20,670	20,670
ICICI BANK LIMITED	33,686	33,686
ILLINOIS TOOL WORKS	25,408	25,408
INDITEX (IND.DE	24,648	24,648
INFINEON	20,799	20,799
INFORMA PLC SPON ADR	20,754	20,754
INFOSYS LTD SPON ADR	23,030	23,030
INGERSOLL RAND INC	24,207	24,207
INTERNATIONAL	22,672	22,672
INTERNATIONAL BUS	29,275	29,275
INTESA SANPAOLO	23,942	23,942
INTUITIVE SURGICAL	19,567	19,567
IRONWOOD	21,576	21,576
ITAU UNIBANCO HLDG S	29,544	29,544
JABIL INC COM	17,963	17,963
JD.COM INC SPON ADS	17,767	17,767
JULIUS BAER GRUPPE	13,778	13,778
KARUNA THERAPEUTICS	26,587	26,587
KB FINL GROUP INC	17,872	17,872
KEURIG DR PEPPER INC	18,759	18,759
KIMBERLY-CLARK CORP	16,647	16,647
KKR REAL ESTATE FIN	19,316	19,316
KNOWLES CORP COM	18,680	18,680
KOSMOS ENERGY LTD	16,668	16,668
KT ADR REP 1/2 ORD	18,668	18,668
L OREAL UNSPON ADR	28,531	28,531
LAM RESEARCH CORP	17,232	17,232
LEGAL &GENERAL GROUP	21,906	21,906
LENNAR CORP COM	21,180	21,180
LI AUTO INC SPN ADS	13,475	13,475
LIBERTY ENERGY INC	19,718	19,718
LLOYDS BANKING GROUP	20,779	20,779
LOEWS CORP COM	22,617	22,617
LONZA GROUP AG	17,888	17,888
LVMH MOET HENNESSY	42,237	42,237
MACQUARIE GROUP	28,350	28,350
MARTIN MARIETTA	23,449	23,449
MARVELL TECHNOLOGY	19,420	19,420
MASTERCARD	25,164	25,164
MATTHEWS	13,121	13,121
MEDTRONIC PLC	23,396	23,396
MEITUAN UNSPON ADS	15,064	15,064
MERCK &CO. INC COM	46,661	46,661
MERITAGE HOMES CORP	20,730	20,730
METLIFE INC COM	18,450	18,450
MICRON TECHNOLOGY	21,932	21,932
MICROSOFT CORP	149,664	149,664
MINERALS	19,682	19,682
MS AND AD INSURANCE	19,130	19,130
MURPHY OIL CORP COM	42,319	42,319
NACCO INDUSTRIES INC	9,600	9,600
NASPERS SPON ADR	14,661	14,661
NATIONAL AUSTRALIA	27,978	27,978
NESTE OYJ ADR	17,812	17,812
NESTLE ADR	48,218	48,218
NETFLIX INC	22,883	22,883
NEW JERSEY RES CORP	19,571	19,571
NIKE INC CLASS B COM	19,868	19,868
NINTENDO 8 ADR REP	21,667	21,667
NISSAN MOTOR CO LTD	16,522	16,522
NOMURA HOLDINGS ADR	20,669	20,669
NORFOLK SOUTHN CORP	24,820	24,820
NOV INC COM	21,477	21,477
NOVARTIS AG	45,537	45,537
NOVO NORDISK A/S	62,898	62,898
NUCOR CORP COM	19,492	19,492
NVENT ELECTRIC PLC	19,263	19,263
NVIDIA CORPORATION	67,350	67,350
ONE GAS INC COM	15,102	15,102
ORKLA A S SPON ADR A	12,534	12,534
OTIS WORLDWIDE CORP	19,057	19,057
OVERSEA-CHINESE	18,786	18,786
PACCAR INC COM	29,002	29,002
PACKAGING CORP OF	19,875	19,875
PARK AEROSPACE CORP	16,317	16,317
PEPSICO INC	31,760	31,760
PING AN INSURANCE	15,532	15,532
PNC FINANCIAL	28,647	28,647
PPG INDUSTRIES INC	18,993	18,993
PROGRESSIVE CORP COM	22,299	22,299
PROPETRO HLDG CORP	14,615	14,615
PROSUS N.V. SPON ADR	16,309	16,309
PRUDENTIAL FINANCIAL	24,164	24,164
PT BANK CENTRAL ASIA	12,211	12,211
PULTE GROUP INC COM	20,954	20,954
QBE INSURANCE GROUP	13,127	13,127
QUALCOMM INC	19,959	19,959
QUANTA SERVICES COM	17,911	17,911
RECKITT BENCKISER	18,206	18,206
RECRUIT HOLDINGS CO	19,172	19,172
REGIONS FINANCIAL	19,671	19,671
RELIANCE STEEL &	20,137	20,137
RELX PLC SPON ADS	26,652	26,652
RENESAS ELECTRONICS	17,102	17,102
RENTOKIL INITIAL ADR	13,819	13,819
RESMED INC	20,814	20,814
ROCHE HOLDINGS ADR	42,896	42,896
ROPER TECHNOLOGIES	22,897	22,897
ROYAL GOLD INC COM	31,087	31,087
SALESFORCE.COM INC	32,366	32,366
SANDOZ GROUP AG SPON	2,881	2,881
SANDVIK AB ADR-EACH	18,298	18,298
SANOFI ADR REP 1 1/2	27,103	27,103
SAP ADR REP 1 ORD	33,855	33,855
SCHNEIDER ELECTRIC	32,466	32,466
SCHNEIDER NATIONAL	13,489	13,489
SCHWAB CHARLES CORP	24,149	24,149
SECOM CO LTD ADR	22,487	22,487
SEEK LTD UNSPONSORD	21,026	21,026
SERVICENOW INC COM	26,140	26,140
SHIN ETSU CHEMICAL	33,127	33,127
SHINHAN FINANCIAL	20,407	20,407
SINGAPORE	21,643	21,643
SJW GROUP COM	15,749	15,749
SM ENERGY CO	38,449	38,449
SNAM SPA UNSP ADR EA	17,768	17,768
SNOWFLAKE INC CL A	22,487	22,487
SONY GROUP	28,786	28,786
STANDARD BANK GROUP	17,066	17,066
STRYKER CORPORATION	23,058	23,058
SUMITOMO MIT ADR REP	23,493	23,493
SYNDAX	17,158	17,158
SYNOPSYS INC	19,567	19,567
T-MOBILE US INC COM	30,302	30,302
TAIWAN SEMICONDUCTOR	62,296	62,296
TAKEDA	25,900	25,900
TARGA RESOURCES CORP	46,562	46,562
TARGET CORP	18,799	18,799
TELENOR ASA ADR EACH	22,394	22,394
TELSTRA GROUP	22,497	22,497
TENCENT HOLDINGS	44,479	44,479
THERMO FISHER	33,440	33,440
THK CO LTD UNSPONSOD	14,449	14,449
TOKIO MARINE	20,360	20,360
TOYOTA MOTOR ADR REP	44,561	44,561
TRIMAS CORP COM NEW	17,072	17,072
TRIP COM GROUP LTD	13,936	13,936
TRUIST FINL CORP COM	20,934	20,934
UGI CORP	19,655	19,655
UNICREDIT SPA UNSPON	16,793	16,793
UNILEVER PLC SPON	27,634	27,634
UNITED MICR ELCTRNS	22,224	22,224
UNITED OVERSEAS BK	18,091	18,091
UNITEDHEALTH GROUP	42,118	42,118
VALLEY NATIONAL	22,936	22,936
VERIZON	35,890	35,890
VISA INC	29,159	29,159
WABTEC COM	21,319	21,319
WAL-MART DE MEXICO S	19,295	19,295
WHITBREAD SPON ADR	19,797	19,797
WIPRO LTD SPON ADR	23,132	23,132
WOORI FINANCIAL	22,816	22,816
WORKDAY INC COM	20,428	20,428
XENCOR INC	15,052	15,052
YUM CHINA HLDGS INC	12,771	12,771
ZIONS BANCORPORATION	20,400	20,400
ZOETIS INC	19,934	19,934

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

PUTCHIE FOUNDATION

C/O INTENTIONAL PHILANTHROPY LLC

EIN:

84-3229178

US Government Securities - End of Year Book Value:

US Government Securities - End of Year Fair Market Value:

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

228,130

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

228,130

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

PUTCHIE FOUNDATION

C/O INTENTIONAL PHILANTHROPY LLC

EIN:

84-3229178

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ALEXANDRIA REAL ESTATE EQUITIES	FMV	19,015	19,015
AMERICAN TOWER CORP	FMV	20,724	20,724
ARBOR REALTY TRUST	FMV	14,512	14,512
BLACKSTONE MORTGAGE	FMV	22,185	22,185
BOSTON PROPERTIES	FMV	16,560	16,560
CROWN CASTLE INTL	FMV	22,808	22,808
DIGITAL REALTY TRUST	FMV	16,553	16,553
DYNEX CAP INC COM	FMV	15,825	15,825
EQUINIX INC COM	FMV	21,746	21,746
EQUITY COMMONWEALTH	FMV	17,242	17,242
EQUITY RESIDENTIAL	FMV	15,963	15,963
EXTRA SPACE STORAGE	FMV	21,164	21,164
INVITATION HOMES INC	FMV	17,123	17,123
KITE RLTY GROUP TR	FMV	17,488	17,488
PROLOGIS INC. COM	FMV	28,659	28,659
SUN COMMUNITIES INC	FMV	19,379	19,379

- TIN:

TY 2023 LegalFeesSchedule

Name:

PUTCHIE FOUNDATION

C/O INTENTIONAL PHILANTHROPY LLC

EIN:

84-3229178

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	161	0		161

- TIN:

TY 2023 OtherExpensesSchedule

Name:

PUTCHIE FOUNDATION

C/O INTENTIONAL PHILANTHROPY LLC

EIN:

84-3229178

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
ADR FEES	4,825	0	4,825
INSURANCE	750	0	750
MEMBERSHIP DUES	815	0	815
POSTAGE	24	0	24
REGISTRATION AND FILING FEES	179	0	179
OFFICE SUPPLIES	30	0	30
BOND AMORTIZATION	24,900	24,900	0

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

PUTCHIE FOUNDATION

C/O INTENTIONAL PHILANTHROPY LLC

EIN:

84-3229178

Description	Amount
UNREALIZED GAIN ON INVESTMENTS	1,562,349

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

PUTCHIE FOUNDATION

C/O INTENTIONAL PHILANTHROPY LLC

EIN:

84-3229178

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES	72,538	72,538		0
FOUNDATION MANAGEMENT FEES	36,000	0		36,000

- TIN:

TY 2023 TaxesSchedule

Name:

PUTCHIE FOUNDATION

C/O INTENTIONAL PHILANTHROPY LLC

EIN:

84-3229178

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN WITHHOLDING TAX	13,001	13,001		0