Fredman Family Foundation Inc — Form 990PF, tax year 2023

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Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
FREDMAN FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)55 DUNE ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BRIDGEHAMPTON, NY11932
A Employer identification number

27-1430745
B Telephone number (see instructions)

(914) 381-8900
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$48,443,979J Accounting method:
MODIFIED CASH
(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 112,671 112,671  
4 Dividends and interest from securities... 770,278 910,227  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -211,758
b Gross sales price for all assets on line 6a 982,264
7 Capital gain net income (from Part IV, line 2)... 724,205
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
1,411,488 1,366,399  
12 Total. Add lines 1 through 11........ 2,082,679 3,113,502  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
178 0   178
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
58,259 0   58,259
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
33,048 33,048   0
17 Interest...............   15,661    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
141,363 21,568   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......   113,601    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 232,848 183,878   58,437
25 Contributions, gifts, grants paid....... 2,280,000 2,280,000
26 Total expenses and disbursements. Add lines 24 and 25 2,512,848 183,878   2,338,437
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -430,169
b Net investment income (if negative, enter -0-) 2,929,624
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 5,223,265 5,119,221 5,119,221
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)      
b Investments—corporate stock (attach schedule)....... 20,104,080 Click to see attachment
List of Attached Documents:
// Content
24,470,529 		24,470,529
c Investments—corporate bonds (attach schedule)....... 5,208,955 Click to see attachment
List of Attached Documents:
// Content
5,471,442 		5,471,442
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 14,813,957 Click to see attachment
List of Attached Documents:
// Content
12,488,279 		12,488,279
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
66,341 		Click to see attachment
List of Attached Documents:
// Content
894,508 		Click to see attachment
List of Attached Documents:
// Content
894,508
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 45,416,598 48,443,979 48,443,979
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
19,497
23 Total liabilities (add lines 17 through 22)......... 0 19,497
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 45,416,598 48,424,482
29 Total net assets or fund balances (see instructions)..... 45,416,598 48,424,482
30 Total liabilities and net assets/fund balances (see instructions). 45,416,598 48,443,979
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
45,416,598
2
Enter amount from Part I, line 27a .....................
2
-430,169
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,144,954
4
Add lines 1, 2, and 3 ..........................
4
49,131,383
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
706,901
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
48,424,482
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 VANGUARD      
b AKARIS P    
c KAWA SBA OFFSHORE P    
d PER K-1S NET OF UBIT P    
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 6,087     6,087
b 40,214     40,214
c       -258,059
d 935,963     935,963
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       6,087
b       40,214
c       -258,059
d       935,963
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 2 724,205
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 40,722
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 40,722
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 40,722
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 51,785
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 51,785
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 11,063
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow11,063 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowFL
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 arrowKERIN MCCARTHY FREDMAN Telephone no.right arrow (914) 381-8900

Located atright arrow55 DUNE ROADBRIDGEHAMPTONNY ZIP+4right arrow11932
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
KERIN MCCARTHY FREDMAN DIRECTOR
1.00 		0 0 0
55 DUNE ROAD
BRIDGEHAMPTON,NY11932
LAUREN HUOT DIRECTOR
1.00 		0 0 0
55 DUNE ROAD
BRIDGEHAMPTON,NY11932
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
PKF O'CONNOR DAVIES ADVISORY LLC ACCOUNTING AND TAX 58,259
500 MAMARONECK AVENUE
HARRISON,NY10528
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
28,961,879
b
Average of monthly cash balances.......................
1b
4,832,612
c
Fair market value of all other assets (see instructions)................
1c
13,343,616
d
Total (add lines 1a, b, and c).........................
1d
47,138,107
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
47,138,107
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
707,072
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
46,431,035
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,321,552
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
2,321,552
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
40,722
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
20
c
Add lines 2a and 2b............................
2c
40,742
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,280,810
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,280,810
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
2,280,810
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
2,338,437
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
2,338,437
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 2,280,810
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 2,205,656
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$ 2,338,437
a Applied to 2022, but not more than line 2a 2,205,656
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..... 132,781
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 .......... 		2,148,029
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ALICE'S KIDS

PO BOX 60
MOUNT VERNON,VA22121 		N/A PC DONATION TO ENHANCE THE SELF-ESTEEM OF CHILDREN IN NEED BY PROVIDING THEM WITH TARGETED INDIVIDUAL ASSISTANCE TO FACILITATE THEIR PARTICIPATION IN SCHOLASTIC, RECREATIONAL AND SOCIAL ACTIVITIES. 25,000

AMERICAN FRIENDS OF LATET HUMANITARIAN AID

57 WINGATE STREET SUITE 204
HAVERHILL,MA01832 		N/A PC TO HELP IN PROVIDING ASSISTANCE TO NEEDY POPULATIONS IN ISRAEL THROUGH SUPPORT OF PROGRAMS PROVIDING FOOD, MEDICAL SUPPLIES, AND OTHER ASSISTANCE. 50,000

AMERICAN FRIENDS OF MAGEN DAVID ADOM

NATIONAL HEADQUARTERS 352 SEVENTH
AVENUE SUITE 400
NEW YORK,NY10001 		N/A PC DONATION TO ASSIST IN SAFEGUARDING ISRAEL'S EMERGENCY MEDICAL SERVICE AND BLOOD BANK. 50,000

BREAKTHROUGH COLLABORATIVE

PO BOX 71420
OAKLAND,CA94612 		N/A PC TO PROVIDE ACADEMIC, COLLEGE-ACCESS AND PEER-MONITORING PROGRAMS TO HELP UNDER-SOURCED STUDENTS SUCCEED IN COLLEGE. 250,000

BREAKTHROUGH MIAMI

3250 SOUTHWEST THIRD AVE
MIAMI,FL33129 		N/A PC DONATION FOR THE SUPPORT A SCHOLAR INITIATIVE 25,000

CITY HARVEST INC

150 52ND STREET
BROOKLYN,NY11232 		N/A PC TO END HUNGER IN COMMUNITIES THROUGH NEW YORK CITY. 15,000

CODEART

6440 SW 98TH STREET
MIAMI,FL33156 		N/A PC DONATION TO ENCOURAGE GIRLS TO STUDY COMPUTER SCIENCE BY DELIGHTING AND INSPIRING THEM WITH THE CREATIVE POSSIBILITIES OF COMPUTER PROGRAMMING. 20,000

COLORADO OPEN LANDS

1546 COLE BOULEVARD SUITE 200
LAKEWOOD,CO80401 		N/A PC TO PRESERVE THE SIGNIFICANT OPEN LANDS AND NATURAL HERITAGE OF COLORADO THROUGH PRIVATE AND PUBLIC PARTNERSHIPS, INNOVATIVE LAND CONSERVATION TECHNIQUES AND STRATEGIC LEADERSHIP. 25,000

COLUMBIA BUSINESS SCHOOL

3022 BROADWAY
NEW YORK,NY10027 		N/A PC DONATION TO SUPPORT THE COMMITMENT TO CREATING AND SUSTAINING A UNIVERSITY WITH TOP FACULTY AND ENSURING EXCELLENT EDUCATION IN THE COLUMBIA BUSINESS SCHOOL. 200,000

DIRECT RELIEF

6100 WALLACE BECKNELL ROAD
SANTA BARBARA,CA93117 		N/A PC TO ASSIST IN THE OGANIZATION'S MISSION TO IMPROVE THE HEALTH AND LIVES OF PEOPLE AFFECTED BY POVERTY OR EMERGENCY SITUTATIONS BY MOBILIZING AND PROVIDING ESSENTIAL MEDICAL RESOURCES NEEDED FOR THEIR CARE. 25,000

DOCTORS WITHOUT BORDERS USA INC

40 RECTOR STREET 16TH FLOOR
NEW YORK,NY10006 		N/A PC TO ASSIST VICTIMS OF DISASTERS AND CONFLICTS WORLDWIDE. 25,000

EARTHJUSTICE

50 CALIFORNIA STREET SUITE 500
SAN FRANCISCO,CA94111 		N/A PC TO HELP PRESERVE MAGNIFICENT PLACES AND WILDLIFE, TO ADVANCE CLEAN ENERGY, AND TO COMBAT CLIMATE CHANGE. 50,000

FISTULA FOUNDATION

1700 THE ALAMEDA SUITE 300
SAN JOSE,CA95126 		N/A PC OUR CARE NETWORKS IN THE DEMOCRATIC REPUBLIC OF CONGO, KENYA, AND ZAMBIA REPRESENT THE FUTURE OF FISTULA TREATMENTAND THE PATH FORWARD FOR ENDING FISTULA WITHIN A GENERATION. 23,000

GIVE DIRECTLY INC

PO BOX 3221
NEW YORK,NY10008 		N/A PC TO REDUCE POVERTY BY PROVIDING FINANCIAL ASSISTANCE DIRECTLY TO THOSE IN NEED. 15,000

GREATER MIAMI JEWISH FOUNDATION

4200 BISCAYNE BOULEVARD
MIAMI,FL33137 		N/A PC THE FOUNDATION PROMOTES PHILANTHROPY THROUGH ACTIVE PARTNERSHIPS WITH INDIVIDUALS AND FAMILIES, AS WELL AS THROUGH ALLIANCES WITH AGENCIES, SYNAGOGUES AND OTHER COMMUNITY ORGANIZATIONS. 25,000

INTERNATIONAL RESCUE COMMITTEE

122 EAST 42ND STREET
NEW YORK,NY10168 		N/A PC TO ENABLE PEOPLE WHOSE LIVES AND LIVELIHOODS ARE SHATTERED BY CONFLICT AND DISASTER TO SURVIVE, RECOVER, AND GAIN CONTROL OF THEIR FUTURE. IRC TEAMS PROVIDE HEALTH CARE, INFRASTRUCTURE, LEARNING AND ECONOMIC SUPPORT TO PEOPLE IN 40 COUNTRIES, WITH SPECIAL PROGRAMS DESIGNED FOR WOMEN AND CHILDREN. DONATION PROVIDES ESSENTIAL SERVICES FOR RECENT REFUGEE ARRIVALS. 50,000

MALARIA CONSORTIUM US

PO BOX 6334
HERMITAGE,PA16148 		N/A PC TO SAVE LIVES AND IMPROVE HEALTH IN AFRICA AND ASIA, THROUGH EVIDENCE-BASED PROGRAMS THAT COMBAT TARGETED DISEASES AND PROMOTE UNIVERSAL HEALTH COVERAGE. 25,000

MASSACHUSETTS GENERAL HOSPITAL

55 FRUIT STREET
BOSTON,MA02114 		N/A PC DONATION TO SUPPORT THE HEALTHCARE TRANSFORMATION LAB, WHICH WAS CREATED TO IMPROVE THE EXPERIENCE AND VALUE OF HEALTHCARE BY INSPIRING COLLABORATIVE INNOVTION AND LEVERAGING NOVEL TECHNOLOGIES. 500,000

MI VECINOS

3175 S CONGRESS AVENUE
PALM SPRINGS,FL33461 		N/A PC TO HELP THE EMPOWERMENT AND IMPROVEMENT OF MINORITY COMMUNITIES IN FLORIDA 25,000

NATURAL RESOURCES DEFENSE COUNCIL

40 WEST 20TH STREET 11TH FLOOR
NEW YORK,NY10011 		N/A PC DONATION TO SUPPORT WILDLIFE CONSERVATION AROUND THE WORLD. 20,000

OLD-GROWTH FOREST NETWORK

PO BOX 21
EASTON,MD21601 		N/A PC TO HELP ESTABLISH A NATIONAL NETWORK OF TREASURED FORESTS WHERE ALL GENERATIONS CAN EXPERIENCE NATIVE BIODIVERSITY AND THE BEAUTY OF NATURE. 20,000

PADDLERS FOR HUMANITY

PO BOX 2555
EAST HAMPTON,NY11937 		N/A PC PADDLERS FOR HUMANITY IS AN ALL-VOLUNTEER, 501(C)(3) NON-PROFIT ORGANIZATION BASED IN EAST HAMPTON, NY THAT RAISES MONEY AND AWARENESS FOR LOCAL AND GLOBAL ORGANIZATIONS DEDICATED TO BETTERING CHILDREN'S LIVES. THE FOUNDATION ALSO SUPPORTS LOCAL FAMILIES IN CRISIS AND AWARD SCHOLARSHIPS TO LOCAL STUDENTS. 50,000

ROARING FORK CONSERVANCY

PO BOX 3349
BASALT,CO81621 		N/A PC TO SUPORT THE ON-GOING PROGRAMS, RESEARCH, COLLABORATION, AND CONSERVATION EFFORTS TO PROTECT OUR RIVERS. 20,000

ROBIN HOOD FOUNDATION

826 BROADWAY 9TH FLOOR
NEW YORK,NY10003 		N/A PC DONATION TO SUPPORT THE ROBIN HOOD'S COVID-19 RELIEF FUND. 25,000

SNOW LEOPARD TRUST

4649 SUNNYSIDE AVENUE NORTH SUITE
325
SEATTLE,WA98103 		N/A PC DONATION TO SUPPORT SNOW LEOPARD CONSERVATION. 25,000

SPRINGS FOOD PANTRY

5 OLD STONE HIGHWAY
EAST HAMPTON,NY11937 		N/A PC TO ALLEVIATE HUNGER FOR THE LESS FORTUNATE FAMILIES IN THE COMMUNITY. 25,000

SUNSHINE STATE BIODIVERSITY GROUP

1400 VILLAGE SQUARE BLVD SUITE 240
TALLAHASSEE,FL32312 		N/A PC TO HELP WITH THE CONSERVATION, EDUCATION, AND OUTREACH RELATED TO BIODIVERSITY AND REWILDING IN THE STATE OF FLORIDA. 40,000

THE DAVID SHELDRICK WILDLIFE TRUST USA

25283 CABOT ROAD SUITE 101
LAGUNA HILLS,CA92653 		N/A PC DONATION TO SUPPORT WILDLIFE CONSERVATION AROUND THE WORLD. 25,000

THE LIFE YOU CAN SAVE

975 WARD ROAD
SEQUIM,WA98382 		N/A PC TO MAKE SMART GIVING SIMPLE BY RECOMMENDING CHARITIES THAT SAVE OR IMPROVE THE MOST LIVES PER DOLLAR AND MAKING IT EASY FOR DONORS TO SUPPORT THOSE CHARITIES. 35,000

THE LITERACY PROJECT

15 BANK ROW SUITE C
GREENFIELD,MA01301 		N/A PC TO PROVIDE ADULT BASIC EDUCATION PROGRAMS AND OPPORTUNITIES THAT SUPPORT PARTICIPANTS TO ENGAGE MEANINGFULLY AND EQUITABLY IN THE ECONOMIC, SOCIAL, CULTURAL, AND CIVIC LIFE OF THEIR COMMUNITIES. 50,000

THE NATURE CONSERVATORY

4245 NORTH FAIRFAX DRIVE SUITE 100
ARLINGTON,VA22203 		N/A PC DONATION FOR THE PLANT A BILLION TREES CAMPAIGN IN ORDER TO FILTER CLEAN AIR, PROVIDE FRESH DRINKING WATER, HELP CURB CLIMATE CHANGE, SAVE THE EARTH FROM DEFORESTATION, AND CREATE HOMES FOR THOUSANDS OF SPECIES OF PLANTS AND ANIMALS. 50,000

THE NEW ISRAEL FUND

1320 19TH STREET SUITE 400
WASHINGTON,DC20036 		N/A PC TO PROVIDE EQUALITY AND DEMOCRACY FOR ALL ISRAELIS. 18,000

THE TROY ANDREWS FOUNDATION INC

650 POYDRAS STREET SUITE 2245
NEW ORLEANS,LA70130 		N/A PC TO SUPPORT THE FREDMAN MUSIC INSTITUTE WHICH PROVIDES MUSIC EDUCATION PROGRAMS TO CHILDREN TO FOSTER CONTINUAL LEARNING. 60,000

UNITED WAY OF MIAMI DADE

3250 SOUTHWEST THIRD AVE
MIAMI,FL33129 		N/A PC DONATION TO THE TOCQUEVILLE SOCIETY TO SUPPORT THE PHILANTHROPIC LEADERS OF THE COMMUNITY TO HELP IMPROVE THE ODDS FOR CHILDREN AND FAMILIES IN THE AREA. 25,000

UNIVERSITY OF MIAMI SCHOOL OF LAW

1311 MILLER DRIVE SUITE G287
CORAL GABLES,FL33146 		N/A PC DONATION TO SUPPORT THE ENVIRONMENTAL JUSTICE CLINIC/LECTURER FUND AT UNIVERSITY OF MIAMI SCHOOL OF LAW. THE FOUNDATION PROVIDES RIGHTS EDUCATION, INTERDISCIPLINARY RESEARCH, POLICY RESOURCES, AND ADVOCACY ASSISTANCE TO UNDERSERVED LOW AND MODERATE INCOME COMMUNITIES. 100,000

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK STREET SUITE 500
MINNEAPOLIS,MN55455 		N/A PC TO SUPPORT THE UNIVERSITY OF MINNESOTA WITH A MISSION TO CONNECT PASSION WITH POSSIBILITY, INSPIRE GENEROSITY, AND SUPPORT GREATNESS. 10,000

VILAR PERFORMING ARTS CENTER

68 AVONDALE LANE
BEAVER CREEK,CO81620 		N/A PC DONATION TO SUPPORT THE PERFORMING ARTS CENTER IN THE HEART OF COLORADO'S BEAVER CREEK RESORT. 25,000

VILLAGE ENTERPRISE FUND INC

1161 CHERRY STREET SUITE A
SAN CARLOS,CA94070 		N/A PC TO END EXTREME POVERTY IN RURAL AFRICA THROUGH ENTREPRENEURSHIP AND INNOVATION. 41,000

WALKING MOUNTAINS SCIENCE CENTER

318 WALKING MOUNTAINS LANE
AVON,CO81620 		N/A PC DONATION TO SUPPORT AND INSPIRE ENVIRONMENTAL STEWARDSHIP AND SUSTAINABILITY THROUGH NATURAL SCIENCE EDUCATION 25,000

WESTERN RESOURCE ADVOCATES

2260 BASELINE ROAD SUITE 200
BOULDER,CO80302 		N/A PC DONATION TO PRESERVE THE WEST'S LAND, AIR, AND WATER TO ENSURE THAT VIBRANT COMMUNITIES EXIST IN BALANCE WITH NATURE. 18,000

WORLD WILDLIFE FUND

1250 24TH STREET NW
WASHINGTON,DC20037 		N/A PC DONATION TO SUPPORT WILDLIFE CONSERVATION AROUND THE WORLD. 100,000

YOUTHPOWER365

PO BOX 6550
AVON,CO81620 		N/A PC THE FOUNDATION PROVIDES YEAR-ROUND EXTENDED LEARNING OPPORTUNITIES THAT EMPOWER AND EDUCATE THE YOUTH AND FAMILIES OF EAGLE COUNTY FROM CRADLE TO CAREER. 50,000
Total .................................right arrow 3a 2,280,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 112,671  
4 Dividends and interest from securities .... 901101 3,986 14 766,292  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 1,644,336  
8 Gain or (loss) from sales of assets other than
inventory ............ 		901101 299,519 18 -511,277  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPARTNERSHIP ACTIVITY 		901101 -232,849   0 0
bTAX REFUNDS     14 1  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 70,656 2,012,023 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,082,679
(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:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING AND TAX SERVICES 58,259 0   58,259

TY 2023 InvestmentsCorpBondsSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Name of Bond End of Year Book Value End of Year Fair Market Value
VANGUARD TOTAL BOND MARKET INDEX ADMIRAL CL 2,731,358 2,731,358
VANGUARD INTERMEDIATE TERM TREASURY INDEX ADMIRAL 2,740,084 2,740,084

TY 2023 InvestmentsCorpStockSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Name of Stock End of Year Book Value End of Year Fair Market Value
VANGUARD EMERGING MARKETS STOCK INDEX ADMIRAL CL 2,535,409 2,535,409
VANGUARD TOTAL STOCK MARKET INDEX INSTL CL 15,123,319 15,123,319
VANGUARD DEVELOPED MARKETS INDEX INSTL CL 6,811,801 6,811,801

TY 2023 InvestmentsOtherSchedule2
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
DADELAND EXECUTIVE PLAZA LLC FMV 1,318,195 1,318,195
FIR TREE REAL ESTATE FUND III (CAYMAN) FMV 35,176 35,176
FIR TREE REF III (CAYMAN PFIC) FMV 11,376 11,376
GOLUB CAPITAL PARTNERS INTL 12 LP FMV 928,834 928,834
GROWTH CAPITAL DIVERSIFIED FUND FMV 1,424,621 1,424,621
INGLESEA IT OPCO HOLDINGS LLC FMV 3,987,301 3,987,301
INGLESEA IT PROPCO HOLDINGS LLC FMV 308,899 308,899
MONTAUK TRIGUARD FUND VI LP FMV 414,135 414,135
MONTAUK TRIGUARD FUND VII LP FMV 916,125 916,125
NGP NATURAL RESOURCES X FMV 83,602 83,602
WHITEFORT CAPITAL OFFSHORE FUND FMV 1,435,070 1,435,070
SPDR GOLD TRUST GOLD SHARES FMV 1,624,945 1,624,945

TY 2023 LegalFeesSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL SERVICES 178 0   178


TY 2023 OtherAssetsSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DISTRIBUTION RECEIVABLE 66,341 894,508 894,508


TY 2023 OtherDecreasesSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Description Amount
DEPRECIATION OF PARTNERSHIP ACTIVITY 706,901


TY 2023 OtherIncomeSchedule2
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME THROUGH K-1S 1,411,487 1,366,399 1,411,487
PARTNERSHIP ACTIVITY 0 0 0
TAX REFUNDS 1   1


TY 2023 OtherIncreasesSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Description Amount
UNREALIZED GAIN ON INVESTMENTS 4,144,954


TY 2023 OtherLiabilitiesSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Description Beginning of Year - Book Value End of Year - Book Value
DUE TO INGLESEA 0 19,497


TY 2023 OtherProfessionalFeesSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY SERVICES 33,048 33,048   0


TY 2023 TaxesSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 20,985 21,568   0
UNRELATED BUSINESS INCOME TAXES 66,878 0   0
FEDERAL EXCISE TAX 53,500 0   0