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 04-01-2023 , and ending 03-31-2024
Name of foundation
NESPOLA CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1 RIGHTER PARKWAY 120
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE19803
A Employer identification number

13-7152742
B Telephone number (see instructions)

(302) 573-5973
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$2,663,486J 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      
4 Dividends and interest from securities... 62,936 62,936  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 76,847
b Gross sales price for all assets on line 6a 1,857,250
7 Capital gain net income (from Part IV, line 2)... 76,847
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
7,500 0  
12 Total. Add lines 1 through 11........ 147,283 139,783  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 16,500 0   16,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,500 0   6,500
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
23,959 23,959   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
206 206   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
459 209   250
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 47,624 24,374   23,250
25 Contributions, gifts, grants paid....... 90,995 90,995
26 Total expenses and disbursements. Add lines 24 and 25 138,619 24,374   114,245
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,664
b Net investment income (if negative, enter -0-) 115,409
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............. 61,889 56,069 56,069
2 Savings and temporary cash investments.........      
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) 209,870 Click to see attachment
List of Attached Documents:
// Content
197,449 		193,846
b Investments—corporate stock (attach schedule)....... 1,165,711 Click to see attachment
List of Attached Documents:
// Content
1,141,452 		1,570,166
c Investments—corporate bonds (attach schedule)....... 88,690 Click to see attachment
List of Attached Documents:
// Content
91,704 		92,324
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).......... 392,020 Click to see attachment
List of Attached Documents:
// Content
442,452 		751,081
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,918,180 1,929,126 2,663,486
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 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 1,918,180 1,929,126
29 Total net assets or fund balances (see instructions)..... 1,918,180 1,929,126
30 Total liabilities and net assets/fund balances (see instructions). 1,918,180 1,929,126
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
1,918,180
2
Enter amount from Part I, line 27a .....................
2
8,664
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,282
4
Add lines 1, 2, and 3 ..........................
4
1,929,126
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,929,126
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,857,250   1,780,403 76,847
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       76,847
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 76,847
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 1,604
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 1,604
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 1,604
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 1,960
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 1,960
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 356
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow356 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right 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 instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowFIRST STATE TRUST COMPANY Telephone no.right arrow (302) 573-5973

Located atright arrow1 RIGHTER PARKWAY SUITE 120WILMINGTONDE ZIP+4right arrow19803
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
RICHARD P NESPOLA TRUSTEE
1.00 		0 0 0
PO BOX 1230
BRIDGEHAMPTON,NY119321230
FAYE NESPOLA TRUSTEE
1.00 		0 0 0
PO BOX 1230
BRIDGEHAMPTON,NY119321230
RICHARD P NESPOLA JR TRUSTEE
5.00 		16,500 0 0
PO BOX 1230
BRIDGEHAMPTON,NY119321230
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
2,401,294
b
Average of monthly cash balances.......................
1b
54,471
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
2,455,765
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
2,455,765
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
36,836
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,418,929
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
120,946
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
120,946
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
1,604
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,604
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
119,342
4
Recoveries of amounts treated as qualifying distributions................
4
7,500
5
Add lines 3 and 4............................
5
126,842
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
126,842
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
114,245
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
114,245
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 7 126,842
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 92,636
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$ 114,245
a Applied to 2022, but not more than line 2a 92,636
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..... 21,609
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 .......... 		105,233
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).)
RICHARD P NESPOLA
FAYE NESPOLA
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

ALEX'S LEMONADE STAND

333 E LANCASTER AVE 414
WYNNEWOOD,PA19096 		  PC TO CHANGE THE LIVES OF CHILDREN WITH CANCER THROUGH FUNDING IMPACTFUL RESEARCH, RAISING AWARENESS, SUPPORTING, FAMILIES, AND EMPOWERING EVERYONE TO HELP CURE CHILDHOOD CANCER 3,000

AMERICAN HEART ASSOCIATION

7272 GREENVILLE AVE
DALLAS,TX75231 		  PC FIGHTING HEART DISEASE AND STROKE 3,000

BREAST CANCER RESEARCH FOUNDATION

28 WEST 44TH STREET STE 609
NEW YORK,NY10036 		  PC ENDING BREAST CANCER BY ADVANCING THE WORLD'S MOST PROMISING RESEARCH 2,500

BRIDGEHAMPTON FIRE DEPT

PO BOX 1280
BRIDGEHAMPTON,NY119321280 		  PC TO PRESERVE AND PROTECT LIFE AND PROPERTY AND TO PROMOTE FIRE SAFETY 1,000

BRIDGEHAMPTON HISTORICAL SOCIETY DBA THE BRIDGEHAMPTON MUSEUM

PO BOX 977
BRIDGEHAMPTON,NY11932 		  PC INSPIRE THE PUBLICS AWARENESS OF AND APPRECIATION FOR OUR COMMUNITYS HISTORY AND CULTURAL TRADITIONS 250

BRIDGEHAMPTON VILLAGE IMPROVEMENT SOCIETY INC

PO BOX 872
BRIDGEHAMPTON,NY11932 		  PC THE BEAUTIFICATION OF BRIDGEHAMPTON, NEW YORK WHICH INCLUDES THE PLANTING AND MAINTENACE OF TREES IN BRIDGEHAMPTON, NEW YORK, PLANTING OF FLOWER BOXES, AND BUYING CHRISTMAS TREES AND DECORATIONS FOR MAIN STREET 250

DIRECT RELIEF

6100 WALLACE BECKNELL RD
SANTA BARBARA,CA93117 		  PC IMPROVE THE HEALTH AND LIVES OF PEOPLE AFFECTED BY POVERTY OR EMERGENCIES 2,500

DUCKS UNLIMITED

ONE WATERFOWL WAY
MEMPHIS,TN38120 		  PC PROMOTE WETLANDS SUFFICIENT TO FILL THE SKIES WITH WATERFOWL TODAY, TOMORROW AND FOREVER. 8,995

EAST HAMPTON MEALS ON WHEELS

33 NEWTOWN LANE STE 205
EAST HAMPTON,NY11937 		  PC DELIVERY OF NUTRITIOUS MEALS TO THE HOMEBOUND, HANDICAPPED, ELDERLY AND CONVALESCENT RESIDENTS OF EAST HAMPTON TOWN WHO ARE UNABLE TO PROVIDE ADEQUATE MEALS FOR THEMSELVES 750

FRIENDS OF THE ISRAEL DEFENSE FORCES

60 EAST 42ND ST
NEW YORK,NY10165 		  PC OFFER EDUCATIONAL, CULTURAL, RECREATIONAL, SOCIAL SERVICES PROGRAMS, AND FACILITIES THAT PROVIDE HOPE, PURPOSE, AND LIFE-CHANGING SUPPORT FOR THE SOLDIERS WHO PROTECT ISRAEL AND JEWS WORLDWIDE 1,000

HAMPTONS TAKE 2 DOCUMENTARY FILM FESTIVAL INC

PO BOX 915
BRIDGEHAMPTON,NY11932 		  PC TO CELEBRATE LOCAL FILMMAKING TALENT AND THE ART OF THE DOCUMENTARY 2,000

HEART OF THE HAMPTONS

168 HILL STREET
SOUTHAMPTON,NY11968 		  PC TO HELP PEOPLE IN THE LOCAL COMMUNITY WHO ARE IN NEED 750

HERITAGE FOUNDATION

214 MASSACHUSETTS AVE NE
WASHINGTON,DC20002 		  PC FORMULATE AND PROMOTE CONSERVATIVE PUBLIC POLICIES BASED ON THE PRINCIPLES OF FREE ENTERPRISE, LIMITED GOVERNMENT, INDIVIDUAL FREEDOM, TRADITIONAL AMERICAN VALUES, AND A STRONG NATIONAL DEFENSE 500

HOLY CROSS HIGH SCHOOL

2620 FRANCIS LEWIS BLVD
FLUSHING,NY113581144 		  PC CO-EDUCATIONAL CATHOLIC HIGH SCHOOL 1,000

ISLAND HARVEST

126 SPAGNOLI RD
MELVILLE,NY11747 		  PC PROVIDES FOOD AND OTHER RESOURCES TO PEOPLE IN NEED 5,000

JOSLIN DIABETES CENTER

ONE JOSLIN PLACE
BOSTON,MA022155306 		  PC TO PREVENT, TREAT, AND CURE DIABETES 5,000

MICHAEL J FOX FOUNDATION

GRAND CENTRAL STATION PO BOX 4777
NEW YORK,NY10163 		  PC FINDING A CURE FOR PARKINSON'S DISEASE WITHIN THE DECADE THROUGH AN AGGRESSIVELY FUNDED RESEARCH AGENDA AND TO ENSURING THE DEVELOPMENT OF IMPROVED THERAPIES FOR THOSE LIVING WITH PARKINSON'S TODAY 3,500

NATIONAL LEGAL & POLICY CENTER

107 PARK WASHINGTON CT
FALLS CHURCH,VA22046 		  PC PROMOTE A SINGLE STANDARD OF ETHICS IN PUBLIC LIFE THROUGH RESEARCH, EDUCATION, AND LEGAL ACTION 500

NO KID HUNGRY

1030 15TH STREET NW 1100W
WASHINGTON,DC20005 		  PC TO END HUNGER AND POVERTY IN THE UNITED STATES AND ABROAD, WITH A PRIORITY ON ENDING CHILDHOOD HUNGER IN AMERICA 500

OUR CHILDREN HAVE RIGHTS ORG INC

5173 BAY ISLE CIR
CLEARWATER,FL337602960 		  PC TO HELP CHILDREN IN NEED 2,000

OVARIAN CANCER RESEARCH FUND

225 W 34TH ST 1700
NEW YORK,NY10122 		  PC PROMOTE, ADVOCATE FOR AND SUPPORT SCIENTIFIC RESEARCH AS IT RELATES TO THE CAUSES, PREVENTION, DIAGNOSIS, TREATMENT, AND CURE FOR OVARIAN CANCER 1,000

PHEASANTS FOREVER

1783 BUERKLE CIR
ST PAUL,MN55110 		  PC CONSERVATION OF PHESANTS, QUAIL, AND OTHER WILDLIFE 500

PROSTATE CANCER FOUNDATION

1250 FOURTH STREET
SANTA MONICA,CA90401 		  PC FIND BETTER TREATMENTS AND A CURE FOR RECURRENT PROSTATE CANCER 1,000

ROCKY MOUNTAIN ELK FOUNDATION

5705 GRANT CREEK RD
MISSOULA,MT59808 		  PC GUARANTEE A WILD FUTURE FOR NORTH AMERICA'S GRANDEST GAME ANIMAL 1,000

SOUTHEASTERN GUIDE DOGS

4210 77TH STREET E
PALMETTO,FL34221 		  PC CREATING AND NURTURING EXTRAORDINARY PARTNERSHIPS BETWEEN PEOPLE AND DOGS 20,000

ST ALBANS SCHOOL

MOUNT ST ALBAN
WASHINGTON,DC20016 		  PC OFFER A DISTINCTIVE EDUCATIONAL EXPERIENCE FOR YOUNG MEN IN GRADES 4 THROUGH 12 5,000

THE FISHER CENTER FOR ALZHEIMER'S RESEARCH

FDR STATION PO BOX 220
NEW YORK,NY10150 		  PC FUNDS RESEARCH INTO THE CAUSE, CARE, AND CURE OF ALZHEIMER'S DISEASE 5,000

UNION OF CONCERNED SCIENTISTS

TWO BRATTLE SQUARE
CAMBRIDGE,MA02138 		  PC PUT SCIENCE TO WORK TO SOLVE OUR PLANETS MOST PRESSING PROBLEMS 500

UNITED CEREBRAL PALSY ASSN OF GREATER SUFFOLK INC

250 MARCUS BLVD
HAUPPAUGE,NY11788 		  PC ADVANCE THE INDEPENDENCE, PRODUCTIVITY AND FULL CITIZENSHIP OF PEOPLE WITH CEREBRAL PALSY AND OTHER DISABILITIES 500

USA SHOOTING

1 OLYMPIC PLAZA
COLORADO SPRINGS,CO80909 		  PC PREPARES AMERICAN ATHLETES TO WIN OLYMPIC MEDALS, PROMOTE THE SHOOTING SPORTS THROUGHOUT THE U.S., AND GOVERN THE CONDUCT OF INTERNATIONAL SHOOTING IN THE COUNTRY 500

CORNELL UNIVERSITY - WEILL CORNELL MEDICAL COLLEGE

1300 YORK AVENUE
NEW YORK,NY10065 		  PC TO SUPPORT THE WEILL MEDICAL COLLEGE OF CORNELL UNIVERSITY 10,000

WOODS HOLE OCEANGRAPHIC INSTITUTE

569 WOODS HOLE ROAD MS 14
WOODS HOLE,MA02543 		  PC ADVANCING KNOWLEDGE OF THE OCEAN AND ITS CONNECTION WITH THE EARTH SYSTEM 1,000

WORLD WILDLIFE FUND INC

1250 24TH STREET NW
WASHINGTON,DC20037 		  PC TO PROTECT THE FUTURE OF NATURE 500

YELLOW RIBBON FUND INC

PO BOX 41048
BETHESDA,MD20824 		  PC SERVE OUR INJURED SERVICE MEMBERS AS THEY RETURNED HOME FROM THE BATTLEFIELDS OF IRAQ AND AFGHANISTAN 500
Total .................................right arrow 3a 90,995
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 62,936  
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 76,847  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aRETURN OF GRANTS 		    01 7,500  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 147,283 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
147,283
(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:
NESPOLA CHARITABLE FOUNDATION
EIN:
13-7152742
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 6,500 0   6,500

TY 2023 InvestmentsCorpBondsSchedule
Name:
NESPOLA CHARITABLE FOUNDATION
EIN:
13-7152742
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBVIE INC 2,617 2,595
AMAZON COM INC 3,326 3,342
AMGEN INC 3,473 3,501
ANHEUSER-BUSCH INBEV 2,012 1,872
CAPITAL ONE FINL CORP 2,947 2,997
CITIGROUP INC 3,376 3,415
COMCAST CORP NEW 3,048 2,928
CVS HEALTH CORP 2,144 2,084
ENBRIDGE INC 2,051 2,257
ENTERPRISE PRODUCTS 1,790 1,787
FISERV INC 3,704 3,724
HOME DEPOT INC 3,613 3,571
JP MORGAN CHASE BANK NA 2,840 2,866
JPMORGAN CHASE & CO 7,699 7,882
KINDER MORGAN INC 2,953 2,957
LOWES COS INC 3,243 3,269
MASTERCARD INC 2,851 2,787
MORGAN STANLEY 1,932 1,753
NORTHROP GRUMMAN CORP 2,902 2,944
ORACLE CORP 4,402 4,447
ROGERS COMMUN 2,117 2,521
RTX CORPORATION 3,089 3,385
T MOBILE USA INC 4,016 3,957
TRUIST FINL CORP 3,924 4,051
UNION PAC CORP 4,050 3,903
UNITEDHEALTH GROUP INC 2,562 2,552
US BANCORP 3,009 3,013
VERIZON COMMUNCIATIONS INC 1,975 1,957
WELLS FARGO & CO 4,039 4,007

TY 2023 InvestmentsCorpStockSchedule
Name:
NESPOLA CHARITABLE FOUNDATION
EIN:
13-7152742
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO 10,420 10,289
ABBVIE INC 6,297 15,114
ADOBE SYS INC COM 9,878 13,120
AFLAC INC 11,975 12,450
AGNC INVESTMENT CORP 3,949 3,812
AIR PRODS & CHEMS INC 7,522 7,510
ALCON SA ACT NOM 4,776 6,381
ALPHABET INC SHS 5,051 11,115
AMAZON COM INC 18,189 26,335
AMERICAN ELECTRIC POWER INC 7,767 7,921
AMERICAN EXPRESS CO 4,835 6,831
AMERICAN TOWER REIT 11,510 10,670
AMERIPRISE FINANCIAL 1,997 6,138
AMGEN INC 14,232 17,343
ANALOG DEVICES INC 7,040 9,296
ANSYS INC 3,714 4,860
APPLE INC 3,775 7,031
APTIV PLC SHS 1,457 1,274
ARCHER DANIELS MIDLAND CO 10,892 9,861
ASML HLDG NV NY REG 3,173 8,734
AT&T INC 17,042 17,107
ATLASSIAN CORP PLC 2,094 2,146
ATMOS ENERGY CORP 11,539 11,768
AUTODESK INC 3,548 4,687
BANK AMERICA CORP 10,506 14,144
BARRICK GOLD CORP 5,101 5,125
BEST BUY CO INC 10,112 10,746
BLACKROCK INC 9,229 12,505
BLACKSTONE GROUP INC 15,837 18,129
BLOOMIN' BRANDS INC 8,920 10,870
BOSTON SCIENTIFIC CO 2,247 4,178
BROADCOM INC 3,837 17,230
BUNGE GLOBAL 12,109 11,790
CAPITAL ONE FINANCIAL 2,517 5,062
CATERPILLAR INC 7,554 13,191
CHARLES SCHWAB CORP 6,257 9,983
CHEVRONTEXACO CORP 6,359 10,253
CISCO SYSTEMS INC 3,338 3,793
COCA-COLA CO 3,091 3,854
COMCAST CORP 7,425 7,890
COMMERCE BANCSHARES 1,853 2,022
CONOCOPHILLIPS 4,837 10,946
CONSTELLATION BRANDS 2,824 3,261
CORTEVA INC 4,171 6,055
COSTCO WHSL CORP NEW 2,454 5,861
COTERRA ENERGY INC 15,643 19,126
CROWDSTRIKE HLDGS IN 2,682 5,450
CROWN CASTLE INTERNA 3,721 2,540
CULLEN/FROST BANKERS 1,903 2,814
CUMMINS INC 6,802 13,259
CVS CAREMARK 13,151 13,958
DANAHER CORP 2,406 4,245
DEXCOM INC 2,829 4,022
DOLLAR GENERAL CORP 3,794 4,994
DOLLAR TREE INC 6,091 5,992
DOW INC 8,232 9,037
DUPONT DE NEMOURS INC 7,132 8,587
EATON CORP PLC 2,232 4,378
ECOLAB INC 4,482 4,618
EOG RESOURCES INC 8,527 10,611
EQUINIX INC 1,952 2,476
EQUITY LIFESTYLE PRO 3,051 2,962
EVERGY INC 7,487 7,473
EXPEDIA INC 2,699 3,995
EXXON MOBIL CORP 4,990 11,043
FEDEX CORP 9,506 12,459
FIDELITY NATL INFO S 10,134 14,613
GARTNER INC 2,372 3,337
GENERAL DYNAMICS COR 8,719 11,864
GENUINE PARTS CO 9,337 10,380
GLOBE LIFE INC 5,424 5,818
GOLDMAN SACHS GROUP 7,282 12,948
GRAINGER W W INC 1,458 5,087
GREENBRIER COMPANIES INC 10,029 11,931
GSK PLC 6,876 7,931
HARTFORD FINL SVCS GROUP INC 4,154 6,183
HOME DEPOT INC 8,116 13,810
HONDA MTR 3,975 5,585
HONEYWELL INTERNATIONAL 4,374 3,900
HOST HOTELS & RESORTS INC 5,784 7,858
HP INC 8,616 9,247
HUNTINGTON INGALLS I 8,042 11,950
INGREDIAN INC 5,379 6,193
INTEL CORPORATION 2,176 1,988
INTERCONTINENTAL EXCHANGE INC 893 1,099
INTUIT 1,696 2,600
INTUITIVE SURGICAL I 5,455 7,982
JONES LANG LASALLE INC 4,158 5,853
JP MORGAN CHASE 7,876 14,422
KENVUE INC 5,309 6,438
KIMCO REALTY CORP 7,093 7,216
KLA-TENCOR CORP 2,465 11,177
KROGER CO 10,834 13,368
LAM RESEARCH CORP COM 3,754 12,630
LAUDER ESTEE COS CL-A 2,960 2,466
LEGGETT & PLATT INC 9,330 7,679
LENNAR CORP 2,301 6,535
LILY ELI & CO 5,761 30,340
LOCKHEED MARTIN CORP 4,121 10,462
LOWES COMPANIES INC 3,330 4,076
LYONDELBASELL INDU-CL A 7,722 8,898
MARSH & MCLENNAN COS INC 2,291 2,884
MARTIN MARIETTA MATLS INC 2,289 7,367
MASTERCARD INC 3,660 5,779
MCDONALDS CORPORATION 3,229 9,022
MEDRONIC PLC SHS 22,875 23,356
MERCK & CO INC 16,281 19,793
META PLATFORMS INC CL A 10,173 16,510
MICHELIN (CGDE) UNSPONS ADR 2,454 3,548
MICROCHIP TECHNOLOGY 3,060 5,472
MICROSOFT CORP COM 19,999 37,865
MITSUBISHI UFJ FINAN 1,465 3,366
MOLSON COORS-B 8,877 11,634
MONDELEZ INTERNATIONAL 7,588 10,360
MONSTER BEVERAGE SHS 2,307 2,964
MORGAN STANLEY 8,884 12,994
NETFLIX COM INC 4,937 7,288
NEXSTAR BROADCASING GROUP 7,786 7,925
NEXTERA ENERGY INC 7,114 9,650
NIKE INC CL B 5,679 3,947
NORFOLK SOUTHERN CORP 9,604 11,469
NVIDIA CORP 5,152 37,046
O'REILLY AUTOMOTIVE 2,950 3,387
OSHKOSH CORP 2,886 3,242
PALO ALTO NETWORKS I 4,052 7,672
PARKER-HANNIFIN CORP 2,606 7,225
PAYCHEX INC 7,878 8,842
PAYPAL HOLDINGS INC 11,367 8,173
PEPSICO INC 7,344 11,376
PERRIGO CO LTD 12,914 13,134
PNC FINANCIAL SERVICE 7,675 10,342
PPG INDUSTRIES INC 4,124 4,347
PROCTER & GAMBLE CO 3,076 3,732
PROLOGIS INC 7,439 7,423
QUALCOMM INC 3,754 4,910
RAYTHEON TECHNOLOGIES 12,880 14,825
RPM INTERNATIONAL IN 3,039 4,520
S&P GLOBAL INC 5,377 8,084
SALESFORCE COM INC 6,094 9,638
SANOFI-AVENTIS ADR 7,470 6,804
SEMPRA ENERGY 7,508 7,183
SERVICENOW INC 5,494 10,674
SHELL PLC 3,856 4,358
SHERWIN WILLIAMS CO 2,810 3,821
SIMON PPTY GROUP INC NEW 5,317 7,981
SNOWFLAKE INC REG SH 1,809 1,454
SONY CORP ADR AMERN 3,268 4,116
STARBUCKS CORP 8,245 9,230
STRYKER CORP 2,039 3,221
TARGA RESOURCES GROUP 9,362 12,655
TARGET CORP 2,445 3,544
TELEDYNE TECHNOLOGIES 3,832 3,864
TESLA MOTORS 593 703
TEXAS INSTRUMENTS INC 5,246 9,582
THE HERSHEY COMPANY 10,803 10,892
THERMO FISHER SCIENTIFIC 2,999 4,650
TOTAL S.A. SPON ADR 10,518 11,426
TRADE DESK INC 1,215 3,060
TRAVELERS COMPANIES INC 4,242 5,754
TRUIST FINL CORP 3,959 4,873
UBER TECHNOLOGIES 1,302 3,850
ULTA SALON COSMETICS 1,268 3,137
UNILEVER PLC 9,536 9,536
UNION PACIFIC CORP 2,504 2,705
UNITED PARCEL SERVCIE 5,966 6,094
UNITEDHEALTH GROUP 8,659 10,389
US BANKCORP NEW 8,721 11,443
VERALTO CORP SHS 460 621
VERIZON COMMUNCIATION 19,971 17,707
VICI PPTYS INC 7,489 7,150
VISA INC 11,204 16,187
WASTE CONNECTIONS 1,909 3,440
WEC ENERGY GROUP INC 7,457 7,391
WELLS FARGO & CO NEW 18,988 25,618
WENDY'S CO 9,341 9,232
WESTROCK CO 5,774 9,841
WILLIAMS COS INC 9,372 17,692
WORKDAY INC CL A 2,825 3,273
WP CAREY INC 3,354 3,386
XCEL ENERGY INC 3,918 3,279
XYLEM INC 2,100 4,394
ZOETIS INC 5,278 6,261

TY 2023 InvestmentsGovtObligationsSch
Name:
NESPOLA CHARITABLE FOUNDATION
EIN:
13-7152742
US Government Securities - End of Year Book Value:

197,449
US Government Securities - End of Year Fair Market Value:

193,846
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsOtherSchedule2
Name:
NESPOLA CHARITABLE FOUNDATION
EIN:
13-7152742
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ISHARES BARCLAYS 20+ YEAR TR AT COST 10,598 9,651
ISHARES CORE MSCI EM AT COST 19,339 20,663
ISHARES CORE MSCI EM AT COST 40,811 46,878
ISHARES IBOXX INV GRD CORP BOND AT COST 6,698 6,753
ISHARES RUSSELL 1000 GROWTH AT COST 3,982 5,393
ISHARES S&P 500 GROW AT COST 35,057 185,852
ISHARES S&P 500 VALU AT COST 62,087 186,063
ISHARES S&P MIDCAP 400 GROWTH AT COST 18,090 22,630
ISHARES S&P MIDCAP 400 VALUE AT COST 18,040 20,701
ISHARES S&P SMALL-CA AT COST 9,764 20,917
ISHARES S&P SMALL-CA AT COST 12,682 20,346
ISHARES SP US PFRD STK IDX FD AT COST 8,486 9,057
ISHARES TR AT COST 32,389 32,529
ISHARES TR AT COST 6,705 6,798
ISHARES TR AT COST 6,693 6,773
ISHARES TR AT COST 6,707 6,759
ISHARES TR IBONDS DEC 2033 AT COST 6,352 6,752
ISHARES TR IBONDS DEC 2033 AT COST 9,284 9,570
ISHARES TR IBONDS DEC24 ETF AT COST 6,718 6,839
ISHARES TR/IBONDS DEC 2024 TERM T E AT COST 9,725 9,696
ISHARES TR/IBONDS DEC 2025 TERM T E AT COST 9,761 9,640
ISHARES TR/IBONDS DEC 2026 TERM T E AT COST 9,748 9,606
ISHARES TR/IBONDS DEC 2027 TERM T E AT COST 9,769 9,573
ISHARES TR/IBONDS DEC 2028 TERM T E AT COST 9,776 9,564
ISHARES TR/IBONDS DEC 2029 TERM T E AT COST 9,824 9,568
ISHARES TR/IBONDS DEC 2030 TERM T E AT COST 9,873 9,574
ISHARES TR/IBONDS DEC 2031 TERM T E AT COST 9,931 9,556
ISHARES TR/IBONDS DEC 2032 TERM TERM COR AT COST 6,694 6,724
ISHARES TR/IBONDS DEC 2032 TERM TERM TRE AT COST 9,981 9,567
ISHARES TRUST AT COST 6,561 6,618
ISHARES TRUST AT COST 6,604 6,655
ISHARES TRUST AT COST 6,658 6,700
ISHARES TRUST AT COST 6,698 6,749
SPDR SER TR SPDR BLOOMBERG AT COST 367 367

TY 2023 OtherExpensesSchedule
Name:
NESPOLA CHARITABLE FOUNDATION
EIN:
13-7152742
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXPRESS 209 209   0
ATTORNEY GENERAL - NY 250 0   250


TY 2023 OtherIncomeSchedule2
Name:
NESPOLA CHARITABLE FOUNDATION
EIN:
13-7152742
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
RETURN OF GRANTS 7,500   7,500


TY 2023 OtherIncreasesSchedule
Name:
NESPOLA CHARITABLE FOUNDATION
EIN:
13-7152742
Description Amount
BOOK/TAX DIFFERENCE 2,282


TY 2023 OtherProfessionalFeesSchedule
Name:
NESPOLA CHARITABLE FOUNDATION
EIN:
13-7152742
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSES 23,959 23,959   0


TY 2023 TaxesSchedule
Name:
NESPOLA CHARITABLE FOUNDATION
EIN:
13-7152742
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 206 206   0