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
M K Reichert Sternlicht Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

81-0807556
B Telephone number (see instructions)

(800) 839-1754
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$83,043,078J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 224,301 224,301  
4 Dividends and interest from securities... 2,342,898 2,342,898  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,936,822
b Gross sales price for all assets on line 6a 17,255,073
7 Capital gain net income (from Part IV, line 2)... 7,796,078
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
157,690 156,413  
12 Total. Add lines 1 through 11........ 4,661,711 10,519,690  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 230,000     230,000
15 Pension plans, employee benefits....... 18,807     18,807
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
46,431 46,431    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
127,700      
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
329,315 200,068   122,100
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 752,253 246,499   370,907
25 Contributions, gifts, grants paid....... 3,668,250 3,668,250
26 Total expenses and disbursements. Add lines 24 and 25 4,420,503 246,499   4,039,157
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 241,208
b Net investment income (if negative, enter -0-) 10,273,191
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......... 3,865,729 8,901,829 8,901,829
3 Accounts receivable right arrow3,576
Less: allowance for doubtful accounts right arrow   2,263 3,576 3,576
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 arrow100,000
Less: allowance for doubtful accounts right arrow   1,600,000 Click to see attachment
List of Attached Documents:
// Content
100,000 		100,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,959,019 Click to see attachment
List of Attached Documents:
// Content
1,918,562 		1,818,702
b Investments—corporate stock (attach schedule)....... 55,196,408 Click to see attachment
List of Attached Documents:
// Content
48,920,699 		53,692,147
c Investments—corporate bonds (attach schedule)....... 5,555,481 Click to see attachment
List of Attached Documents:
// Content
5,729,125 		5,554,252
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).......... 9,404,667 Click to see attachment
List of Attached Documents:
// Content
12,250,984 		12,972,572
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) 77,583,567 77,824,775 83,043,078
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 77,583,567 77,824,775
29 Total net assets or fund balances (see instructions)..... 77,583,567 77,824,775
30 Total liabilities and net assets/fund balances (see instructions). 77,583,567 77,824,775
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
77,583,567
2
Enter amount from Part I, line 27a .....................
2
241,208
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
77,824,775
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
77,824,775
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      
b Passthrough K1 Capital Gain/(Loss)      
c WELLINGTON TRUST COMPANY, NA P 2021-09-07 2023-01-31
d WELLINGTON TRUST COMPANY, NA P 2021-09-07 2023-04-28
e WELLINGTON TRUST COMPANY, NA P 2021-09-07 2023-07-31
WELLINGTON TRUST COMPANY, NA P 2021-09-07 2023-10-31
(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 17,250,371   9,419,469 7,830,902
b       -32,904
c 1,123   1,498 -375
d 1,215   1,707 -492
e 1,188   1,604 -416
1,176   1,813 -637
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       7,830,902
b        
c       -375
d       -492
e       -416
      -637
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 7,796,078
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) 1 142,797
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  
3 Add lines 1 and 2........................... 3 142,797
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 142,797
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 134,957
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 13,900
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 148,857
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 6,060
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow6,060 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see attachment
List of Attached Documents:
// Content
....................
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 changesClick to see attachment
List of Attached Documents:
// Content
....
3
Yes
 
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.Click to see attachment
List of Attached Documents:
// Content
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 arrowDE
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 arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Miriam Klein Sternlicht Dir, Pres, Sec
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
Mr James Sternlicht DIR OF SPECIAL PROJ
15.0 		105,000    
850 N WILKE RD
ARLINGTON HEIGHTS,IL60004
Mr Richard Zimmerman Executive Director
15.0 		125,000    
3850 N WILKE RD
ARLINGTON HEIGHTS,IL60004
Total number of other employees paid over $50,000...................right arrow  
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
Foundation Source Administrative 122,075
55 Walls Drive 3rd Fl
Fairfield,CT06824
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
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
62,001,433
b
Average of monthly cash balances.......................
1b
5,792,102
c
Fair market value of all other assets (see instructions)................
1c
12,643,509
d
Total (add lines 1a, b, and c).........................
1d
80,437,044
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
80,437,044
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,206,556
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
79,230,488
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,961,524
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
3,961,524
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
142,797
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
142,797
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,818,727
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
3,818,727
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,818,727
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
4,039,157
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
4,039,157
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 3,818,727
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 3,963,039
b Total for prior years:20 , 20, 20  
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 ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 4,039,157
a Applied to 2022, but not more than line 2a 3,963,039
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 76,118
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023.    
(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 .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		3,742,609
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
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.... 0
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).)
Miriam Klein Sternlicht
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

ACADEMY FOR TEACHERS

10 W 90TH ST APT 9
NEW YORK,NY10024 		N/A PC Charitable Event 5,000

AMERICAN FRIENDS OF ALYN HOSPITAL INC

122 E 42ND ST RM 1519
NEW YORK,NY10168 		N/A PC General & Unrestricted 20,000

AMERICAN FRIENDS OF MAGEN DAVID ADOM

20 W 36TH ST SUITE 1100
NEW YORK,NY10018 		N/A PC General & Unrestricted 100,000

AMERICAN FRIENDS OF MAGEN DAVID ADOM

20 W 36TH ST SUITE 1100
NEW YORK,NY10018 		N/A PC Israel Emergency Giving fund 100,000

BREAKTHROUGH T1D

200 VESEY ST 28TH FLOOR
NEW YORK,NY10281 		N/A PC JDRF T1D Fund LLC 200,000

BREAKTHROUGH T1D

200 VESEY ST 28TH FLOOR
NEW YORK,NY10281 		N/A PC T1D Fund 200,000

CAMELBACK VENTURES INC

9169 W STATE ST 430
GARDEN CITY,ID83714 		N/A PC General & Unrestricted 10,000

CAPITAL INSTITUTE

4845 PEARL E CIR STE 118 PMP 751
BOULDER,CO80301 		N/A PC General & Unrestricted 10,000

CAREER RESOURCES INC

1000 LAFAYETTE BLVD STE 303
BRIDGEPORT,CT06604 		N/A PC General & Unrestricted 50,000

CAREER RESOURCES INC

1000 LAFAYETTE BLVD STE 303
BRIDGEPORT,CT06604 		N/A PC The Bridge on Main supportive housing project 1,100,000

CAREER RESOURCES INC

1000 LAFAYETTE BLVD STE 303
BRIDGEPORT,CT06604 		N/A PC The Bridge On Main project - a reentry center for the system impacted 20,000

CHICAGO CARES INC

1200 W 35TH ST 302
CHICAGO,IL60609 		N/A PC General & Unrestricted 25,000

CHINATI FOUNDATION

PO BOX 1135
MARFA,TX79843 		N/A PC General & Unrestricted 10,000

CITIZENS FOR RESPONSIBILITY AND ETHICS IN WASHINGT

1331 F ST NW STE 900
WASHINGTON,DC20004 		N/A PC General & Unrestricted 10,000

CONNECTICUT FOODSHARE INC

2 RESEARCH PKWY
WALLINGFORD,CT06492 		N/A PC Freight Farm to grow fresh food 20,000

CONNECTICUT FOODSHARE INC

2 RESEARCH PKWY
WALLINGFORD,CT06492 		N/A PC Charitable Event 5,000

CRYSTAL BRIDGES MUSEUM OF AMERICAN ART INC

600 MUSEUM WAY
BENTONVILLE,AR72712 		N/A PC General & Unrestricted 25,000

EISENHOWER EXCHANGE FELLOWSHIPS INC

250 S 16TH ST
PHILADELPHIA,PA19102 		N/A PC General & Unrestricted 25,000

ENTERPRISE COMMUNITY PARTNERS INC

11000 BROKEN LAND PKWY STE 700
COLUMBIA,MD21044 		N/A PC General & Unrestricted 10,000

FOCUSING PHILANTHROPY INC

1637 16TH ST
SANTA MONICA,CA90404 		N/A PC One Goal matching fund 50,000

FRIENDS OF TEL-AVIV SOURASKY MEDICAL CENTER INC

1581 RTE 27 STE 201
EDISON,NJ08817 		N/A PC General & Unrestricted 50,000

FRIENDS OF UNITED HATZALAH INC

442 5TH AVE STE 1866
NEW YORK,NY10018 		N/A PC Israel Rescue efforts 100,000

GARRISON INSTITUTE

PO BOX 532
GARRISON,NY10524 		N/A PC Supportive Housing Retreat Scholarship Fund 5,000

GIVING BACK FUND INC

500 COMMERCIAL ST STE 4R
BOSTON,MA02109 		N/A PC The Peace Dept 50,000

GIVING BACK FUND INC

500 COMMERCIAL ST STE 4R
BOSTON,MA02109 		N/A PC The Peace Dept 50,000

GIVING BACK FUND INC

500 COMMERCIAL ST STE 4R
BOSTON,MA02109 		N/A PC Foundation House 50,000

GLOBAL POVERTY PROJECT INC

740 BROADWAY STE 400
NEW YORK,NY10003 		N/A PC Charitable Event 12,000

GREENWICH RIDING & TRAILS ASSOCIATION INC

PO BOX 1403
GREENWICH,CT06836 		N/A PC Charitable Event 5,000

GREENWICH RIDING & TRAILS ASSOCIATION INC

PO BOX 1403
GREENWICH,CT06836 		N/A PC General & Unrestricted 5,000

HEADING HOME INC

186 MASSACHUSETTS AVE
BOSTON,MA02115 		N/A PC Casa Nueva Vida 10,000

IMPACTASSETS INC

4340 EAST WEST HWY STE 210
BETHESDA,MD20814 		N/A PC M K Reichert Sternlicht Fund 160,000

ISRAAID US INC

9663 SANTA MONICA BLVD PMB 848
BEVERLY HILLS,CA90210 		N/A PC Turkey-Syria Earthquake Rescue Efforts 25,000

ISRAAID US INC

9663 SANTA MONICA BLVD PMB 848
BEVERLY HILLS,CA90210 		N/A PC Israel crisis relief fund 75,000

JEWISH BOARD OF FAMILY & CHILDRENS SERVICES INC

135 WEST 50TH ST 6TH FLOOR
NEW YORK,NY10020 		N/A PC Charitable Event 1,000

JEWISH FAMILY SERVICE INC

2490 BLACK ROCK TPKE 454
FAIRFIELD,CT06825 		N/A PC General & Unrestricted 10,000

KIDS IN CRISIS INC

1 SALEM ST
COS COB,CT06807 		N/A PC Charitable Event 5,000

KRISTI HOUSE INC

1265 NW 12TH AVE
MIAMI,FL33136 		N/A PC General & Unrestricted 16,000

LIFTING UP WESTCHESTER INC

35 ORCHARD ST
WHITE PLAINS,NY10603 		N/A PC General & Unrestricted 5,000

NATIONAL TRUST FOR HISTORIC PRESERVATION IN THE UN

199 ELM ST
NEW CANAAN,CT06840 		N/A PC operations fund 25,000

NATIONAL TRUST FOR HISTORIC PRESERVATION IN THE UN

199 ELM ST
NEW CANAAN,CT06840 		N/A PC Charitable Event 10,000

NEW PROFIT INC

99 BEDFORD ST STE 500
BOSTON,MA02111 		N/A PC General & Unrestricted 50,000

OCEANIC GLOBAL FOUNDATION

447 BROADWAY 2ND FL 1207
NEW YORK,NY10013 		N/A PC General & Unrestricted 10,000

ONEGOAL

55 EXCHANGE PL STE 503
NEW YORK,NY10005 		N/A PC Charitable Event 5,000

ONEGOAL

55 EXCHANGE PL STE 503
NEW YORK,NY10005 		N/A PC Charitable Event 25,000

ONEGOAL

55 EXCHANGE PL STE 503
NEW YORK,NY10005 		N/A PC General Purpose for NYC chapter 50,000

ONEGOAL

55 EXCHANGE PL STE 503
NEW YORK,NY10005 		N/A PC General & Unrestricted 100,000

OVERTOWN YOUTH CENTER INC

450 NW 14TH ST
MIAMI,FL33136 		N/A PC General & Unrestricted 9,000

PEN AMERICAN CENTER INC

120 BROADWAY 26TH FL N
NEW YORK,NY10271 		N/A PC Charitable Event 15,000

PLANNED PARENTHOOD OF SOUTHERN NEW ENGLAND INC

345 WHITNEY AVE
NEW HAVEN,CT06511 		N/A PC General & Unrestricted 35,000

PLANNED PARENTHOOD OF SOUTHERN NEW ENGLAND INC

345 WHITNEY AVE
NEW HAVEN,CT06511 		N/A PC Charitable Event 10,000

PLANNED PARENTHOOD OF SOUTHERN NEW ENGLAND INC

345 WHITNEY AVE
NEW HAVEN,CT06511 		N/A PC Charitable Event 5,000

REACH PREP INC

484 PACIFIC ST
STAMFORD,CT06902 		N/A PC General & Unrestricted 10,000

SAG HARBOR VOLUNTEER AMBULANCE CORPS

PO BOX 2725
SAG HARBOR,NY11963 		N/A PC General & Unrestricted 250

SAVE THE CHILDREN FEDERATION INC

501 KINGS HWY EAST STE 400
FAIRFIELD,CT06825 		N/A PC Emergency Aid Fund to help Children in the Gaza-Israel Conflict 100,000

SAVE THE CHILDREN FEDERATION INC

501 KINGS HWY EAST STE 400
FAIRFIELD,CT06825 		N/A PC Children's Emergency Fund 25,000

SHATTERPROOF A NONPROFIT CORP

101 MERRITT 7 CORPORATE PARK 1ST FL
NORWALK,CT06851 		N/A PC Charitable Event 10,000

SHINING HOPE FOR COMMUNITIES INC

222 BROADWAY FL 22
NEW YORK,NY10038 		N/A PC General & Unrestricted 100,000

SMITHSONIAN INSTITUTION

SW MRC 358 PO BOX 37012
WASHINGTON,DC20013 		N/A PC General & Unrestricted 5,000

SOCIAL GOOD FUND INC

PO BOX 5473
RICHMOND,CA94805 		N/A PC Tight Lipped 10,000

SOCIAL GOOD FUND INC

PO BOX 5473
RICHMOND,CA94805 		N/A PC Tight Lipped Podcast 10,000

SOCIAL IMPACT PARTNERS INC

1221 POST RD E STE 302
WESTPORT,CT06880 		N/A PC General & Unrestricted 25,000

ST JUDE CHILDRENS RESEARCH HOSPITAL INC

501 ST JUDE PL
MEMPHIS,TN38105 		N/A PC General & Unrestricted 10,000

STRIVE INTERNATIONAL INC

205 E 122ND ST FL 3
NEW YORK,NY10035 		N/A PC Charitable Event 20,000

STRIVE INTERNATIONAL INC

205 E 122ND ST FL 3
NEW YORK,NY10035 		N/A PC General & Unrestricted 100,000

THE WOW CENTER INC

11450 SW 79TH ST
MIAMI,FL33173 		N/A PC General & Unrestricted 10,000

TRUST NEIGHBORHOODS

1737 WALNUT ST SUITE C
KANSAS CITY,MO64108 		N/A PC General & Unrestricted 50,000

TRUST WOMEN FOUNDATION INC

5107 E KELLOGG DR
WICHITA,KS67218 		N/A PC General & Unrestricted 10,000

TRUSTEES OF COLUMBIA UNIVERSITY

516 W 168TH ST FL 3
NEW YORK,NY10032 		N/A PC General & Unrestricted 100,000

UJA FEDERATION OF GREENWICH

1 HOLLY HILL LN
GREENWICH,CT06830 		N/A PC General & Unrestricted 10,000

UNITED STATES EQUESTRIAN TEAM FOUNDATION INC

PO BOX 355
GLADSTONE,NJ07934 		N/A PC Charitable Event 10,000

UNITED WAY OF GREENWICH INC

2 DEARFIELD DR STE 300
GREENWICH,CT06831 		N/A PC Mental Health Initiative with Greenwich Hospital 50,000

WORLD CHILDHOOD FOUNDATION INC

900 3RD AVE 29TH FL
NEW YORK,NY10022 		N/A PC General & Unrestricted 25,000
Total .................................right arrow 3a 3,668,250
bApproved for future payment
Total ................................. right arrow 3b  
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 ........... 		    14 224,301  
4 Dividends and interest from securities ....     14 2,342,898  
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    
8 Gain or (loss) from sales of assets other than
inventory ............ 		525990 9 18 1,936,813  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1 Inc/Loss 		525990 1,277 14 53,307  
bINTEREST INCOME FROM NOTES     14 103,106  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 1,286 4,660,425  
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,661,711
(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

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
M K Reichert Sternlicht Foundation
EIN:
81-0807556
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2023 GeneralExplanationAttachment
Name:
M K Reichert Sternlicht Foundation
EIN:
81-0807556
Identifier Return Reference Explanation
Form 926 FORM 926 The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.
PART I LINE 6A (990-PF) PART I LINE 6A (990-PF) PART I LINE 6A (990-PF) - RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $1,936,813 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $9 TOTAL PART I, LINE 6A: $1,936,822 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $17,250,371 BOOK BASIS: $15,278,734 NET GAIN/(LOSS): $1,971,637 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $(32,904) WELLINGTON TRUST COMPANY, NA GROSS SALES PRICE: $1,123 BOOK BASIS: $1,497 NET GAIN/(LOSS): $(374) WELLINGTON TRUST COMPANY, NA GROSS SALES PRICE: $1,215 BOOK BASIS: $1,707 NET GAIN/(LOSS): $(492) WELLINGTON TRUST COMPANY, NA GROSS SALES PRICE: $1,188 BOOK BASIS: $1,605 NET GAIN/(LOSS): $(417) WELLINGTON TRUST COMPANY, NA GROSS SALES PRICE: $1,176 BOOK BASIS: $1,813 NET GAIN/(LOSS): $(637)

TY 2023 InvestmentsCorpBondsSchedule
Name:
M K Reichert Sternlicht Foundation
EIN:
81-0807556
Name of Bond End of Year Book Value End of Year Fair Market Value
ALLEGION US HOLDING CO - 3.200 85,912 81,327
ALPHABET INC - 1.100% - 08/15/ 152,162 132,749
ALTRIA GROUP - 4.800% - 02/14/ 72,526 77,798
AMERICAN TOWER CORP - 3.375% - 11,095 9,584
AMERICAN TOWER CORP - 5.200% - 9,919 10,166
AMERICAN TOWER CORP BOND - 4.0 63,259 56,970
ARCHER DANIELS MIDLAND CO - 2. 85,516 84,597
AT&T INC - 4.100% - 02/15/2028 37,864 33,254
ATT INC - 3.800% - 02/15/2027 47,818 41,013
BANK AMER CORP - 2.456% - 10/2 177,866 170,425
BAT CAPITAL CORP MTN CALL MAKE 7,714 8,060
BERRY GLOBAL INC - 1.570% - 01 75,323 77,129
BLOCK FINL LLC - 2.500% - 07/1 30,532 26,782
BLOCK FINL LLC - 3.875% - 08/1 49,248 51,276
BOYD GAMING - 4.750% - 12/01/2 83,761 80,806
BROADCOM CORP/BROADCOM CAYMAN 87,040 81,003
CARLISLE COS INC NOTE CALL - 3 86,604 80,421
CARRIER GLOBAL CORP - 2.242% - 34,777 31,983
CARRIER GLOBAL CORPORATION SER 44,131 38,572
CDW CORP - 3.250% - 02/15/2029 73,730 66,751
CDW LLC / CDW FIN CORP - 4.250 12,653 11,492
COMCAST CORP NOTE - 4.650% - 0 118,850 130,701
CONAGRA BRANDS INC - 4.300% - 55,745 50,728
CONAGRA BRANDS INC - 4.600% - 25,594 21,786
DICKS SPORTING GOODS INC NOTE 75,350 81,059
DISCOVERY COMMUNICATIONS LLC - 73,099 79,944
DOLLAR TREE INC - 4.200% - 05/ 77,508 70,478
ENCOMPASS - 4.750% - 02/01/203 53,531 56,540
EQUINIX INC - 1.550% - 03/15/2 110,184 109,781
EUROPEAN INVESTMENT BANK - 2.5 164,822 161,841
EXPEDIA GROUP INC - 3.800% - 0 64,606 67,546
EXPEDIA GROUP INC SER B NOTE - 8,341 8,962
FLEXTRONICS INTL - 6.000% - 01 9,978 10,337
FLEXTRONICS INTL LTD NOTE - 4. 52,579 53,012
HCA INC - 5.375% - 09/01/2026 43,178 38,195
HCA INC - 5.625% - 09/01/2028 43,336 37,896
HP INC NOTE - 4.000% - 04/15/2 68,524 69,929
HP INC NOTE CALL - 4.200% - 04 8,003 8,559
INTEL CORP - 4.150% - 08/05/20 87,200 88,114
INTER-AMERICAN DEV - 3.500% - 71,981 71,847
INTERNATIONAL BK - 0.375% - 07 134,817 126,606
INTERNATIONAL BK FORRECON&DEV 40,984 41,948
INTERNATIONAL FINANCE - 2.125% 174,357 176,548
JP MORGAN CHASE - 0.768% - 08/ 161,866 164,857
KRAFT HEINZ FOODS - 3.875% - 0 78,931 71,645
L BRANDS INC - 7.500% - 06/15/ 75,188 77,930
MICROCHIP TECHNOLOGYINC. SER B 79,209 74,868
MOLSON COORS BEVERAGE CO NOTE 74,416 75,701
MORGAN STANLEY - 0.864% - 10/2 167,487 172,923
MOTOROLA - 4.600% - 02/23/2028 48,726 48,760
MOTOROLA SOLUTIONS INC - 4.000 9,667 8,904
MOTOROLA SOLUTIONS INC NOTE - 8,034 8,255
NEWELL BRANDS INC - 6.375% - 0 48,708 48,728
NEWELL BRANDS INC NOTE - 6.625 24,000 23,908
NEXTERA ENERGY - 1.900% - 06/1 132,576 128,747
OLIN CORP NOTE - 5.625% - 08/0 37,883 39,364
OLIN CORP NOTE CALL - 5.125% - 26,190 26,348
ORACLE CORP NOTE - 6.250% - 11 67,947 72,999
PFIZER INC - 2.625% - 04/01/20 150,225 126,463
QORVO INC - 4.350% - 10/15/202 88,230 79,695
QVC INC - 4.450% - 02/15/2025 72,331 67,578
QVC INC NOTE - 4.750% - 02/15/ 27,550 27,705
REYNOLDS AMERICAN - 4.450% - 0 74,038 67,217
SAN BERNARDINO - 6.250% - 08/0 179,958 186,513
SBA COMMUNICATIONS CORP SER B 8,550 8,987
SBA COMMUNICATIONS CORP SER B 81,626 75,887
SERVICE CORP INTL NOTE - 4.625 81,853 75,465
STEEL DYNAMICS INC SER B - 5.0 77,944 74,448
TEGNA INC SER B NOTE - 4.625% 86,655 78,462
TENET HEALTHCARE CORP SER B NO 18,900 19,943
TRANSDIGM INC SER B NOTE - 5.5 82,955 85,210
TRIMBLE - 4.900% - 06/15/2028 76,506 71,407
TRINITY ACQUISITION PLC - 4.40 61,285 52,333
UNITED RENTALS NORTHAMER INC - 34,734 36,085
UNIVERSITY CALIFORNIA - 3.309% 69,363 68,056
VERIZON - 3.875% - 02/08/2029 154,932 131,015
VERIZON COMMUNICATIONS INC - 2 74,277 75,988
WELLS FARGO - 4.540% - 08/15/2 176,970 178,117
WESTINGHOUSE AIR BRAKE TECHNOL 83,541 74,226
WILLIS NORTH AMER INC NOTE - 4 25,381 26,305
ZIMMER BIOMET HOLDINGS INC - 3 8,476 8,695

TY 2023 InvestmentsCorpStockSchedule
Name:
M K Reichert Sternlicht Foundation
EIN:
81-0807556
Name of Stock End of Year Book Value End of Year Fair Market Value
AB FLEXFEE US THEMATIC PORTFOL 850,000 676,866
ALLIANCEBERN GLOBAL THEMATIC G 2,000,000 2,655,757
AMERICAN AIRLINES GROUP INC 3,416,220 1,029,937
APPLE INC 2,905,056 9,844,828
ASHMORE EMERGING MARKETS 1,495,273 1,013,351
BLACKROCK EUROFUND I 1,500,000 1,903,205
BROWN ADVISORY SUSTAINABILITY 2,300,000 3,259,576
CALVERT EMERGING MARKETS EQUIT 850,000 624,944
EQUINIX, INC 1,509,385 2,768,931
HARTFORD CLIMATE OPPORTUNITIES 850,000 721,937
ISHARES MSCI KLD 400 SOCIAL IN 1,099,978 1,169,082
ISHARES S&P GLOBAL I 2,199,338 2,255,154
ISHARES TRUST MSCI EAFE INDEX 1,899,889 1,774,116
MAINSTAY MACKAY INFRASTRUCTURE 1,000,000 1,013,351
MANAGED PORTFOLIO SERIES ECORN 2,000,000 1,454,487
MORGAN STANLEY ASIA OPPORTUNIT 2,100,000 1,447,697
PARNASSUS FD EQUITY INCOME FUN 850,000 733,764
PAX WORLD GLOBAL GREEN FD INST 1,500,000 1,709,670
PAX WORLD HIGH YIELD BOND-IN 750,000 663,717
PRUDENTIAL TOTAL RETURN BD FD 2,000,000 2,008,333
SALESFORCE.COM 1,672,524 868,099
SHELTON GREEN ALPHA FD 850,000 527,020
STARWOOD PROPERTY TRUST INC 13,323,036 13,568,325

TY 2023 InvestmentsGovtObligationsSch
Name:
M K Reichert Sternlicht Foundation
EIN:
81-0807556
US Government Securities - End of Year Book Value:

433,994
US Government Securities - End of Year Fair Market Value:

425,842
State & Local Government Securities - End of Year Book Value:


1,484,568
State & Local Government Securities - End of Year Fair Market Value:


1,392,860


TY 2023 InvestmentsOtherSchedule2
Name:
M K Reichert Sternlicht Foundation
EIN:
81-0807556
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BRIDGE WORKFORCE AND AFFORDABL   1,358,433 1,277,094
DESERT BLOOM FOOD VENTURES LLC   438,513 433,788
GRATITUDE RAILROAD PARTNERS FU   135,934 152,567
LEGACY VENTURE IX LLC   843,692 1,410,115
LEGACY VENTURE X, L.L.C   536,177 561,572
LEGACY VENTURE XI LLC   67,653 69,639
MICROVEST SHORT DURATION FUND,   316,776 289,738
NEW SUMMIT IMPACT FUND II-B, L   312,362 399,632
ROSE AFFORDABLE HOUSING PRESER   995,285 897,013
SKELLIG DST WATER FUND   842,022 924,278
SOSV IV LP   210,935 374,080
STARWOOD REAL ESTATE INCOME TR   2,987,277 2,815,653
THE RISE FUND III CAYFIR AIV I   51,077 51,498
THE RISE FUND III CAYMAN AIV I   98,674 124,261
THE RISE FUND III DE AIV I, L.   62,733 77,856
THE RISE FUND III FIRPTA AIV I   4,960 5,829
THE RISE FUND III, L.P   67,578 46,046
THE SOCIAL ENTREPRENEURS FUND   282,907 244,844
TPG RISE CLIMATE CAYFIR AIV I-   15,128 15,299
TPG RISE CLIMATE CAYMAN AIV I,   63,690 103,831
TPG RISE CLIMATE DE AIV I, LP   52,661 79,870
TPG RISE CLIMATE FIRPTA AIV II   6,855 7,799
TPG RISE CLIMATE, LP   63,735 68,789
WELLINGTON TRUST COMPANY, NA   835,571 585,490
PRODUCERS MARKET LLC   1,600,356 1,955,991

TY 2023 OtherExpensesSchedule
Name:
M K Reichert Sternlicht Foundation
EIN:
81-0807556
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 122,075     122,075
Bank Charges 3,567 3,567    
K-1 Exp BRIDGE WORKFORCE AND A 19,010 19,007    
K-1 Exp DESERT BLOOM FOOD VENT 15,558 15,556    
K-1 Exp GRATITUDE RAILROAD PAR 7,030 7,030    
K-1 Exp LEGACY VENTURE IX LLC 31,672 31,671    
K-1 Exp LEGACY VENTURE X, L.L. 30,302 30,299    
K-1 Exp LEGACY VENTURE XI LLC 10,277 10,276    
K-1 Exp MICROVEST SHORT DURATI 5,386 5,386    
K-1 Exp NEW SUMMIT IMPACT FUND 17,052 16,982    
K-1 Exp ROSE AFFORDABLE HOUSIN 94 94    
K-1 Exp SKELLIG DST WATER FUND 9,609 9,218    
K-1 Exp SOSV IV LP 4,141 4,141    
K-1 Exp THE RISE FUND III CAYF 40 40    
K-1 Exp THE RISE FUND III CAYM 25 25    
K-1 Exp THE RISE FUND III DE A 11 11    
K-1 Exp THE RISE FUND III FIRP 288 288    
K-1 Exp THE RISE FUND III, L.P 22,498 17,231    
K-1 Exp THE SOCIAL ENTREPRENEU 13,915 13,915    
K-1 Exp TPG RISE CLIMATE CAYMA 61 61    
K-1 Exp TPG RISE CLIMATE DE AI 4 4    
K-1 Exp TPG RISE CLIMATE FIRPT 264 93    
K-1 Exp TPG RISE CLIMATE, LP 16,411 15,173    
State or Local Filing Fees 25     25


TY 2023 OtherIncomeSchedule2
Name:
M K Reichert Sternlicht Foundation
EIN:
81-0807556
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 Inc/Loss DESERT BLOOM FOOD VENTURES LLC -5,149 -5,149  
K-1 Inc/Loss GRATITUDE RAILROAD PARTNERS FUND, LP 281 281  
K-1 Inc/Loss LEGACY VENTURE IX LLC 2,472 1,859  
K-1 Inc/Loss LEGACY VENTURE X, L.L.C 3,322 2,663  
K-1 Inc/Loss LEGACY VENTURE XI LLC 844 844  
K-1 Inc/Loss MICROVEST SHORT DURATION FUND, L.P 22,062 22,062  
K-1 Inc/Loss NEW SUMMIT IMPACT FUND II-B, L.P 7,322 7,317  
K-1 Inc/Loss ROSE AFFORDABLE HOUSING PRESERVATION 894 894  
K-1 Inc/Loss SKELLIG DST WATER FUND 19,161 19,161  
K-1 Inc/Loss SOSV IV LP 741 741  
K-1 Inc/Loss THE RISE FUND III, L.P 83 83  
K-1 Inc/Loss THE SOCIAL ENTREPRENEURS FUND III LP 2,446 2,446  
K-1 Inc/Loss TPG RISE CLIMATE CAYFIR AIV I-B, L.P 104 104  
K-1 Inc/Loss TPG RISE CLIMATE CAYMAN AIV I, L.P -34 -34  
K-1 Inc/Loss TPG RISE CLIMATE, LP 35 35  
Interest Income from Notes 103,106 103,106  


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TY 2023 OtherNotesLoansRcvblLongSch
Name:
M K Reichert Sternlicht Foundation
EIN:
81-0807556

Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
LOCAL INITIATIVES SUPPORT CORP   100,000 100,000 2019-04 2026-05 INTEREST SEMI-ANN, PRINCIPAL AT MATURITY 275 % NONE INVESTMENT CASH 0 CASH 0 CASH 0  
PRODUCERS MARKET LLC   500,000 0 2022-09 2023-12 PRINCIPAL & INT ON MATURITY 6 % NONE INVESTMENT CASH 0 CASH 0 CASH 0  
PRODUCERS MARKET LLC   1,000,000 0 2022-06 2023-12 PRINCIPAL & INT ON MATURITY 6 % NONE INVESTMENT CASH 0 CASH 0 CASH 0  

TY 2023 OtherProfessionalFeesSchedule
Name:
M K Reichert Sternlicht Foundation
EIN:
81-0807556
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 46,431 46,431    


TY 2023 TaxesSchedule
Name:
M K Reichert Sternlicht Foundation
EIN:
81-0807556
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2023 127,400      
990-PF Extension for 2022 300