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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
THE NATHAN FOUNDATION INC IMA CO ROBERT S
 
Number and street (or P.O. box number if mail is not delivered to street address)311 HIGH STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CAMBRIDGE, MD21613
A Employer identification number

52-6033999
B Telephone number (see instructions)

(412) 807-6049
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$5,893,529J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 150,493 149,176  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 55,668
b Gross sales price for all assets on line 6a 1,195,528
7 Capital gain net income (from Part IV, line 2)... 55,668
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 206,161 204,844  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 4,500     4,500
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
27,151 27,151   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
9,161 1,723   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
445 445    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 41,257 29,319 0 4,500
25 Contributions, gifts, grants paid....... 242,750 242,750
26 Total expenses and disbursements. Add lines 24 and 25 284,007 29,319 0 247,250
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -77,846
b Net investment income (if negative, enter -0-) 175,525
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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......... 228,872 179,546 179,546
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
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)....... 66,153 Click to see attachment
List of Attached Documents:
// Content
72,569 		135,900
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,850,900 Click to see attachment
List of Attached Documents:
// Content
4,814,101 		5,578,083
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) 5,145,925 5,066,216 5,893,529
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
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........ 5,145,925 5,066,216
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 5,145,925 5,066,216
30 Total liabilities and net assets/fund balances (see instructions). 5,145,925 5,066,216
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
5,145,925
2
Enter amount from Part I, line 27a .....................
2
-77,846
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
6,461
4
Add lines 1, 2, and 3 ..........................
4
5,074,540
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
8,324
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,066,216
Form 990-PF (2024)
Form 990-PF (2024)
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 49.207 FIDELITY 500 INDEX FD-AI   2023-12-18 2024-01-29
b 283.912 FIDELITY 500 INDEX FD-AI     2024-01-29
c 1. DELL TECHNOLOGIES INC. MERGED 12/28/18   2001-01-01 2024-02-05
d 1. AUTODESK INC   2020-05-06 2024-02-13
e 12. BROOKFIELD ASSET MGMT-A-W/I SEDOL BP95GD5     2024-02-13
12. FASTENAL CO     2024-02-13
3. KKR & CO INC CLASS A   2020-05-06 2024-03-07
1. MOODY'S CORP   2020-05-06 2024-03-11
3. VERISK ANALYTICS INC     2024-03-11
909.124 FIDELITY 500 INDEX FD-AI     2024-03-27
349.495 FIDELITY 500 INDEX FD-AI   2022-03-18 2024-03-27
120.41 TCW METROPOLITAN WEST UNCONSTRAINED BOND FUND CLASS I     2024-05-02
4. COSTAR GROUP INC   2023-12-05 2024-05-06
2. KKR & CO INC CLASS A   2020-05-06 2024-05-06
1. PROGRESSIVE CORP OHIO   2020-02-18 2024-05-06
5. AGILENT TECHNOLOGIES (IPO)   2022-04-28 2024-05-17
10. BROOKFIELD CORP SEDOL BP95GG8     2024-05-31
2. BROWN FORMAN CORP CLASS B   2023-12-05 2024-05-31
2. FASTENAL CO   2020-05-06 2024-05-31
1. PROGRESSIVE CORP OHIO   2020-02-18 2024-05-31
1. TRANSDIGM GROUP INC   2020-05-06 2024-05-31
2. VERISIGN INC   2020-02-18 2024-05-31
1. AUTODESK INC   2020-04-22 2024-06-03
2. COPART INC   2020-02-18 2024-06-03
1. AGILENT TECHNOLOGIES (IPO)   2022-04-28 2024-06-06
2. HILTON WORLDWIDE HLDGS - W/I     2024-06-06
6.075 ALLSPRING SPECIAL MID CAP VALUE FUND CL R6   2023-12-12 2024-06-18
71.218 ALLSPRING SPECIAL MID CAP VALUE FUND CL R6   2023-12-12 2024-06-18
1772.62 ALLSPRING SPECIAL MID CAP VALUE FUND CL R6   2023-05-09 2024-06-18
1. BROWN FORMAN CORP CLASS B   2023-12-05 2024-06-21
1. HEICO CORP NEW CL A   2024-03-22 2024-06-21
2. HOWARD HUGHES HOLDINGS INC   2020-04-22 2024-06-21
1. BROWN FORMAN CORP CLASS B   2023-12-26 2024-07-10
2. BROWN FORMAN CORP CLASS B   2020-04-22 2024-07-10
2. COPART INC   2020-05-06 2024-07-10
5. KKR & CO INC CLASS A     2024-07-10
2. PROGRESSIVE CORP OHIO   2020-02-18 2024-07-10
1. ROPER TECHNOLOGIES INC   2024-05-06 2024-07-10
7. AGILENT TECHNOLOGIES (IPO)     2024-07-23
2. BROOKFIELD CORP SEDOL BP95GG8   2022-10-26 2024-07-23
3. BROOKFIELD INFRASTRUCTURE-A EXCH 12/24/24   2023-12-26 2024-07-23
3. BROWN FORMAN CORP CLASS B   2023-10-27 2024-07-23
1. CARMAX INC   2020-05-06 2024-07-23
3. ENOVIS CORP   2020-04-22 2024-07-23
1. HOWARD HUGHES HOLDINGS INC   2020-04-22 2024-07-23
6. SUMMIT MATERIALS INC -CL A MERGED 02/11/2025     2024-07-23
1. VERISIGN INC   2020-02-18 2024-07-23
2. AON PLC/IRELAND-A SEDOL BLP1HW5   2020-04-22 2024-07-23
.333 SEAPORT ENTERTAINMENT GROUP   2020-04-22 2024-08-07
1. AGILENT TECHNOLOGIES (IPO)   2020-11-30 2024-08-12
3. BROOKFIELD CORP SEDOL BP95GG8   2022-10-26 2024-08-12
1. BROOKFIELD INFRASTRUCTURE-A EXCH 12/24/24   2023-12-26 2024-08-12
1. FASTENAL CO   2020-05-06 2024-08-12
1. HEICO CORP NEW CL A   2024-03-22 2024-08-12
3. HOWARD HUGHES HOLDINGS INC   2020-04-22 2024-08-12
1. KKR & CO INC CLASS A   2020-04-22 2024-08-12
1. PROGRESSIVE CORP OHIO   2020-04-22 2024-08-12
1. VERISIGN INC   2020-02-18 2024-08-12
2. BROOKFIELD ASSET MGMT-A-W/I SEDOL BP95GD5     2024-08-23
7. COGNEX CORP     2024-08-23
1. FASTENAL CO   2020-05-06 2024-08-23
1. TYLER TECHNOLOGIES INC   2024-01-10 2024-08-23
1. VERISIGN INC   2020-12-09 2024-08-23
57.022 OAKMARK INTL SM CAP-R6   2023-12-15 2024-08-26
2642.9 OAKMARK INTL SM CAP-R6   2020-02-13 2024-08-26
19146.064 WASATCH INTL OPPORTUNIT-INST     2024-08-26
6296.692 WESTERN ASSET CORE PLUS BOND FUND CLASS IS   2024-03-27 2024-08-26
37700.058 WESTERN ASSET CORE PLUS BOND FUND CLASS IS     2024-08-26
2. AGILENT TECHNOLOGIES (IPO)     2024-09-16
1. AGILENT TECHNOLOGIES (IPO)   2020-11-30 2024-09-16
1. CARMAX INC   2020-05-06 2024-09-16
2. COSTAR GROUP INC   2020-03-04 2024-09-16
1. LIVE NATION ENTERTAINMENT INC   2020-06-02 2024-09-16
1. VERISIGN INC   2023-10-27 2024-09-16
5. BROOKFIELD CORP SEDOL BP95GG8     2024-09-26
4. BROOKFIELD INFRASTRUCTURE-A EXCH 12/24/24   2023-12-26 2024-09-26
1. PROGRESSIVE CORP OHIO   2020-04-22 2024-09-26
1. VERISIGN INC   2021-03-08 2024-09-26
1. TRANSDIGM GROUP INC   2020-04-22 2024-10-11
94.7 FIDELITY 500 INDEX FD-AI     2024-10-25
202.595 FIDELITY 500 INDEX FD-AI   2023-06-28 2024-10-25
4. BROOKFIELD CORP SEDOL BP95GG8   2023-01-05 2024-11-01
14. BROOKFIELD RENEWABLE COR CL-A EXCH 12/24/24     2024-11-01
1. HEICO CORP NEW CL A   2022-05-06 2024-11-01
4. HYATT HOTELS CORP CL A     2024-11-01
1. KKR & CO INC CLASS A   2020-04-22 2024-11-01
1. VERISK ANALYTICS INC   2020-04-22 2024-11-01
1. BROOKFIELD CORP SEDOL BP95GG8   2023-01-05 2024-11-20
1660. ISHARES MSCI USA MIN VOL FACTOR ETF   2023-10-20 2024-11-20
5. SBA COMMUNICATIONS CORP     2024-11-20
2. SHERWIN-WILLIAMS CO   2023-09-28 2024-11-20
1. AUTODESK INC   2024-07-10 2024-12-04
1. FASTENAL CO   2020-05-06 2024-12-04
2. KKR & CO INC CLASS A   2020-04-22 2024-12-04
1. ROPER TECHNOLOGIES INC   2020-02-18 2024-12-04
8. SUMMIT MATERIALS INC -CL A MERGED 02/11/2025   2020-04-22 2024-12-04
1. VERISIGN INC   2021-03-08 2024-12-04
2. WIX.COM LTD SEDOL BFZCHN7   2020-04-22 2024-12-04
1. AUTODESK INC   2020-04-22 2024-12-23
6. BROOKFIELD CORP SEDOL BP95GG8     2024-12-23
1. COPART INC   2024-09-26 2024-12-23
1. COPART INC   2020-05-06 2024-12-23
2. SBA COMMUNICATIONS CORP   2021-02-18 2024-12-23
4. SUMMIT MATERIALS INC -CL A MERGED 02/11/2025   2020-04-22 2024-12-23
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 8,420   8,053 367
b 48,580   44,247 4,333
c 834     834
d 256   183 73
e 469   396 73
825   454 371
294   76 218
384   247 137
709   468 241
166,133   138,588 27,545
63,867   54,280 9,587
1,223   1,234 -11
364   335 29
195   50 145
213   83 130
773   605 168
430   351 79
89   121 -32
129   75 54
208   83 125
1,320   323 997
341   419 -78
218   174 44
106   52 54
133   121 12
402   203 199
299   271 28
3,500   3,179 321
87,107   79,094 8,013
44   60 -16
179   154 25
129   102 27
43   58 -15
85   120 -35
108   40 68
542   120 422
420   167 253
551   515 36
922   818 104
95   65 30
117   108 9
131   167 -36
80   73 7
137   118 19
71   51 20
235   79 156
176   209 -33
598   359 239
9   8 1
135   115 20
134   97 37
37   36 1
66   38 28
183   154 29
212   145 67
113   22 91
224   83 141
174   209 -35
83   58 25
276   354 -78
68   38 30
571   417 154
179   209 -30
1,193   1,086 107
55,289   41,943 13,346
62,416   75,315 -12,899
60,007   59,000 1,007
359,282   447,522 -88,240
276   223 53
138   115 23
78   73 5
157   145 12
101   52 49
185   193 -8
267   162 105
174   144 30
254   83 171
185   193 -8
1,408   269 1,139
19,112   18,131 981
40,888   30,882 10,006
214   129 85
428   516 -88
193   113 80
581   240 341
139   22 117
273   149 124
56   32 24
151,574   119,802 31,772
1,097   1,399 -302
743   512 231
303   246 57
82   38 44
314   45 269
578   391 187
405   97 308
186   193 -7
451   264 187
295   174 121
336   190 146
58   52 6
58   20 38
403   525 -122
203   49 154
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
      40,200
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       367
b       4,333
c       834
d       73
e       73
      371
      218
      137
      241
      27,545
      9,587
      -11
      29
      145
      130
      168
      79
      -32
      54
      125
      997
      -78
      44
      54
      12
      199
      28
      321
      8,013
      -16
      25
      27
      -15
      -35
      68
      422
      253
      36
      104
      30
      9
      -36
      7
      19
      20
      156
      -33
      239
      1
      20
      37
      1
      28
      29
      67
      91
      141
      -35
      25
      -78
      30
      154
      -30
      107
      13,346
      -12,899
      1,007
      -88,240
      53
      23
      5
      12
      49
      -8
      105
      30
      171
      -8
      1,139
      981
      10,006
      85
      -88
      80
      341
      117
      124
      24
      31,772
      -302
      231
      57
      44
      269
      187
      308
      -7
      187
      121
      146
      6
      38
      -122
      154
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 55,668
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 2,440
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,440
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,440
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 8,574
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 8,574
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 6,134
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow1,220 Refundedright arrow 11 4,914
Form 990-PF (2024)
Form 990-PF (2024)
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$   (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 changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMD
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 2024 or the taxable year beginning in 2024? 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 arrowPNC BANK NA Telephone no.right arrow (412) 807-6049

Located atright arrow500 FIRST AVE P7-PFSC-03-ZPITTSBURGHPA ZIP+4right arrow15219
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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
EDWARD H NABB JR PRESIDENT
1 		0    
311 HIGH STREET
CAMBRIDGE,MD21613
ROBERT S COLLISON SECRETARY
1 		4,500    
311 HIGH STREET
CAMBRIDGE,MD21613
LINDA K NABB TREASURER
1 		0    
311 HIGH STREET
CAMBRIDGE,MD21613
NANCY SHOCKLEY VICE PRESIDENT
1 		0    
311 HIGH STREET
CAMBRIDGE,MD21613
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 (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
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
5,703,153
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
5,703,153
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
5,703,153
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
85,547
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
5,617,606
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
280,880
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
280,880
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
2,440
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,440
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
278,440
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
278,440
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
278,440
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
247,250
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
247,250
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 278,440
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 242,046
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 0
b From 2020...... 0
c From 2021...... 0
d From 2022...... 0
e From 2023...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 247,250
a Applied to 2023, but not more than line 2a 242,046
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 2024 distributable amount..... 5,204
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		273,236
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 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 0
d Excess from 2023.... 0
e Excess from 2024.... 0
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
ROBERT S COLLISON ESQUIRE
311 HIGH STREET
CAMBRIDGE,MD21613
(410) 228-1911
bThe form in which applications should be submitted and information and materials they should include:
WRITTEN
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2024)
Form 990-PF (2024)
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

DORCHESTER COUNTY RECREATION AND PARKS

446 WILLIS STREET
CAMBRIDGE,MD21613 		NONE PC GENERAL SUPPORT 21,000

MID-SHORE COMMUNITY FOUNDATION INC

102 E DOVER ST
EASTON,MD21601 		NONE PC GENERAL SUPPORT 8,000

PLEASANT DAY ADULT DAY CARE

2474 CAMBRIDGE BELTWAY
CAMBRIDGE,MD21613 		NONE PC GENERAL OPERATING 5,000

RICHARDSON MARITIME MUSEUM

401 HIGH STREET
CAMBRIDGE,MD21613 		NONE PC GENERAL SUPPORT 3,000

PARTNERS IN GIVING

PO BOX 7548
MADISON,WI53707 		NONE PC GENERAL SUPPORT 6,000

DORCHESTER CENTER FOR THE ARTS INC

321 HIGH ST
CAMBRIDGE,MD21613 		NONE PC GENERAL SUPPORT 5,000

HURLOCK VOLUNTEER FIRE COMPANY

PO BOX 178
HURLOCK,MD21643 		NONE PC GENERAL SUPPORT 2,500

KITTY CITY RESCUE

1001 WAGNER POINT ROAD
CAMBRIDGE,MD21613 		NONE PC GENERAL SUPPORT 4,000

CAMBRIDGE POWER BOAT RACING ASSOCIATION

PO BOX 134
CAMBRIDGE,MD21613 		NONE PC CAMBRIDGE P.B. REGATTA 10,000

ST VINCENT DE PAUL SOCIETY

6 BELVEDERE AVE
CAMBRIDGE,MD21613 		NONE PC GENERAL SUPPORT 9,000

UNITY-WASHINGTON UNITED METHODIST CHURCH

PO BOX 298 112 N MAIN ST
HURLOCK,MD21643 		NONE PC GENERAL SUPPORT 2,500

RESCUE FIRE COMPANY INC

PO BOX 776
CAMBRIDGE,MD21613 		NONE PC GENERAL SUPPORT 2,500

BAYWATER ANIMAL RESCUE

4930 BUCKTOWN RD
CAMBRIDGE,MD21613 		NONE PC BAYWATER ANIMAL RESCUE 5,500

LINKWOOD-SALEM DISTRICT VOLUNTEER FIRE

PO BOX 66
LINKWOOD,MD21835 		NONE PC GENERAL SUPPORT 2,500

CHESAPEAKE COLLEGE

FOUNDATION INC PO BOX 8
WYE MILLS,MD21679 		NONE PC GENERAL SUPPORT 18,000

SALISBURY UNIVERSITY FOUNDATION INC

1308 CAMDEN AVENUE PO BOX 2655
SALISBURY,MD21802 		NONE PC GENERAL SUPPORT 40,000

VIENNA VOL FIRE CO INC

PO BOX 5
VIENNA,MD21869 		NONE PC GENERAL SUPPORT 2,500

LAKES & STRAITS VOLUNTEER FIRE CO INC

2013 FARM CREEK RD
WINGATE,MD21675 		NONE PC GENERAL SUPPORT 2,500

HOOPERS ISLAND VOLUNTEER FIRE CO

PO BOX 125 2756 HOOPERS ISLAND R
FISHING CREEK,MD21634 		NONE PC GENERAL SUPPORT 2,500

TAYLORS ISLAND VOLUNTEER FIRE CO

PO BOX 277
TAYLORS ISLAND,MD21669 		NONE PC GENERAL SUPPORT 2,500

ELLIOTT VOLENTEER FIRE COMPANY INC

2317 ELLIOTT ISLAND RD
ELLIOTT ISLAND,MD21869 		NONE PC GENERAL SUPPORT 2,500

THE NECK DISTRICT VOLUNTEER FIRE COMPANY

954 COOK POINT RD
CAMBRIDGE,MD21613 		NONE PC GENERAL SUPPORT 2,500

JUNIOR ACHIEVEMENT OF THE EASTERN SHORE

123 CAMDEN ST STE C
SALSBURY,MD21801 		NONE PC GENERAL SUPPORT 10,000

ELDORADO-BROOKVIEW VOLUNTEER FIRE CO

5752 RHODESDALE-ELDORADO RD
RHODESDALE,MD21659 		NONE PC GENERAL SUPPORT 2,500

DORCHESTER GENERAL HOSPITAL FOUNDATION

PO BOX 439
CAMBRIDGE,MD21613 		NONE PC BALANCE CENTER IN DOR. CO 5,000

DORCEHSTER SKIPJACK COMMITTEE INC

PO BOX 1224
CAMBRIDGE,MD21613 		NONE PC CRUISES/MAINTENANCE & 15,500

JAMES G BUSICK TENNIS FOUNDATION INC

PO BOX 904
CAMBRIDGE,MD21613 		NONE PC COURTS RESURFACING 30,000

THE EAST NEW MARKET VOLUNTEER FIRE DEPT

PO BOX 280
E NEW MARKET,MD21631 		NONE PC GENERAL SUPPORT 2,500

MADISON VOLUNTEER FIRE CO INC

PO BOX 23
MADISON,MD21648 		NONE PC GENERAL SUPPORT 2,500

PINE STREET COMMITTEE INC

615 PINE ST
CAMBRIDGE,MD21613 		NONE PC OFFICE/COMPUTER EQUIPMENT 5,000

CHORUS OF DORCHESTER

207 OAK ST
CAMBRIDGE,MD21613 		NONE PC GENERAL SUPPORT 3,000

SECRETARY VOLUNTEER FIRE COMPANY INC

PO BOX 56
SECRETARY,MD21664 		NONE PC GENERAL SUPPORT 2,500

THE CHURCH CREEK VOLUNTEER FIRE CO INC

PO BOX 16 1902 CHURCH CREEK RD
CHURCH CREEK,MD21622 		NONE PC GENERAL SUPPORT 2,500

HARRIETS HOUSE

409 MUIR ST
CAMBRIDGE,MD21613 		NONE PC GENERAL SUPPORT 2,250
Total .................................right arrow 3a 242,750
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 150,493  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 55,668  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   206,161  
13Total. Add line 12, columns (b), (d), and (e)..................
13
206,161
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 InvestmentsCorpStockSchedule
Name:
THE NATHAN FOUNDATION INC IMA CO ROBERT S
EIN:
52-6033999
Name of Stock End of Year Book Value End of Year Fair Market Value
115236101 BROWN & BROWN INC 1,879 4,693
115637209 BROWN FORMAN CORP CL    
143130102 CARMAX INC 2,085 2,535
192422103 COGNEX CORP    
217204106 COPART INC 1,993 6,485
311900104 FASTENAL CO 730 1,510
366651107 GARTNER INC 1,413 3,391
422806208 HEICO CORP NEW CL A 2,801 6,141
448579102 HYATT HOTELS CORP CL 425 1,256
526057104 LENNAR CORP CLASS A 675 2,182
538034109 LIVE NATION ENTERTAI 1,196 3,367
570535104 MARKEL GROUP INC 1,728 3,452
573284106 MARTIN MARIETTA MATL 2,170 3,099
595017104 MICROCHIP TECHNOLOGY 1,121 1,491
615369105 MOODY'S CORP 471 947
743315103 PROGRESSIVE CORP OHI 490 1,438
776696106 ROPER TECHNOLOGIES I 1,993 3,119
778296103 ROSS STORES INC 590 908
893641100 TRANSDIGM GROUP INC 2,494 6,336
902252105 TYLER TECHNOLOGIES I 1,647 2,883
929160109 VULCAN MATERIALS CO 2,491 4,887
92343E102 VERISIGN INC 346 414
00846U101 AGILENT TECHNOLOGIES    
03662Q105 ANSYS INC 517 675
11275Q107 BROOKFIELD INFRASTRU    
11284V105 BROOKFIELD RENEWABLE    
12504L109 CBRE GROUP INC 1,074 3,414
22160N109 COSTAR GROUP INC 3,325 3,866
25754A201 DOMINO'S PIZZA, INC. 1,770 2,519
43300A203 HILTON WORLDWIDE HLD 2,120 6,426
45168D104 IDEXX LABS INC 816 1,240
48251W104 KKR & CO INC CLASS A 1,052 6,952
55354G100 MSCI INC 2,238 3,000
67103H107 O REILLY AUTOMOTIVE 1,850 5,929
78410G104 SBA COMMUNICATIONS C 465 408
86614U100 SUMMIT MATERIALS INC    
91879Q109 VAIL RESORTS INC 947 1,125
92345Y106 VERISK ANALYTICS INC 447 826
G0403H108 AON PLC/IRELAND-A SE    
G0450A105 ARCH CAPITAL GROUP L 1,233 2,678
M98068105 WIX.COM LTD SEDOL BF 395 644
03990B101 ARES MANAGEMENT CORP 1,018 2,124
052769106 AUTODESK INC 872 1,478
L7579L106 PERIMETER SOLUTIONS    
11271J107 BROOKFIELD CORP SEDO 3,250 6,894
113004105 BROOKFIELD ASSET MGM 582 1,301
194014502 ENOVIS CORP    
361ESC049 GCI LIBERTY INC CLAS    
44267T102 HOWARD HUGHES HOLDIN    
531229755 LIBERTY MEDIA CORP-L 589 1,946
531229771 LIBERTY MEDIA CORP-L 476 672
824348106 SHERWIN-WILLIAMS CO    
941848103 WATERS CORP 891 1,113
031100100 AMETEK INC NEW 830 901
084423102 WR BERKLEY CORP 708 761
11276H106 BROOKFIELD INFRASTRU 2,730 3,641
11285B108 BROOKFIELD RENEWABLE 1,328 1,051
12510Q100 CCC INTELLIGENT SOLU 1,339 1,314
29362U104 ENTEGRIS, INC 450 396
303250104 FAIR ISAAC CORPORATI 2,560 3,982
339750101 FLOOR & DECOR HOLDIN 414 399
363576109 GALLAGHER ARTHUR J & 1,415 1,419
384109104 GRACO INC 585 590
71385M107 PERIMETER SOLUTIONS 653 728
74275K108 PROCORE TECHNOLOGIES 846 749
78351F107 RYAN SPECIALTY HOLDI 396 385
922475108 VEEVA SYSTEMS INC-CL 2,077 2,313
92338C103 VERALTO CORP-W/I 308 306
94106B101 WASTE CONNECTIONS IN 1,265 1,201

TY 2024 InvestmentsOtherSchedule2
Name:
THE NATHAN FOUNDATION INC IMA CO ROBERT S
EIN:
52-6033999
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
315911750 FIDELITY 500 INDEX F AT COST 1,318,152 2,102,596
317609295 SEAFARER OVERSEAS GR AT COST 133,000 128,352
461418444 WCM FOCUSED INTL GRO AT COST 216,094 232,768
552746364 MFS EMERGING MKTS DE AT COST 171,512 151,791
592905749 METROPOLITAN WEST UN      
921937603 VANGUARD TOTAL BD MK AT COST 589,589 498,163
922908751 VANGUARD SMALL CAP E AT COST 28,407 105,483
936793686 WASATCH INTL OPPORTU      
09252M883 BLACKROCK TOTAL RETU AT COST 562,059 474,934
74440Y884 PGIM HIGH YIELD FUND AT COST 168,158 155,868
97717X669 WISDOMTREE U.S. QUAL AT COST 143,571 212,118
413838566 OAKMARK INTL SM CAP-      
957663669 WESTERN ASSET CORE P      
00770X675 PZENA EMERG MKTS VAL AT COST 87,025 97,224
89154M702 TOUCHSTONE SANDS EM AT COST 94,330 98,440
057071813 BAIRD MIDCAP INST AT COST 83,809 86,547
25434V807 DIMENSIONAL INTERNAT AT COST 218,930 229,698
46429B267 ISHARES U S TREASURY AT COST 297,801 297,752
46429B697 ISHARES MSCI USA MIN      
46434V456 ISHARES MSCI INTL QU AT COST 168,835 174,056
89609H704 TRIBUTARY SMALL COMP AT COST 88,822 102,699
94987W513 ALLSPRING SPECIAL MI      
256210105 DODGE & COX INCOME F AT COST 350,000 334,595
411512460 HARBOR MID CAP VALUE AT COST 94,007 94,999

TY 2024 OtherDecreasesSchedule
Name:
THE NATHAN FOUNDATION INC IMA CO ROBERT S
EIN:
52-6033999
Description Amount
RETURN OF CAPITAL ADJUSTMENT 1,136
2024 TRANSACTION POSTED IN 2025 6,156
ADJUSTMENT TO INCOME 68
COST BASIS ADJUSTMENT/PY ROC 964


TY 2024 OtherExpensesSchedule
Name:
THE NATHAN FOUNDATION INC IMA CO ROBERT S
EIN:
52-6033999
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MAP MANAGEMENT FEES 445 445   0


TY 2024 OtherIncreasesSchedule
Name:
THE NATHAN FOUNDATION INC IMA CO ROBERT S
EIN:
52-6033999
Description Amount
2023 TRANSACTION POSTED IN 2024 6,422
PY WASH SALES ADJUSTMENT 29
ROUNDING 10


TY 2024 OtherProfessionalFeesSchedule
Name:
THE NATHAN FOUNDATION INC IMA CO ROBERT S
EIN:
52-6033999
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PNC AGENT FOR TRUSTEE FEES 27,151 27,151    


TY 2024 TaxesSchedule
Name:
THE NATHAN FOUNDATION INC IMA CO ROBERT S
EIN:
52-6033999
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 74 74   0
FEDERAL ESTIMATES - INCOME 7,438 0   0
FOREIGN TAXES ON QUALIFIED FOR 1,247 1,247   0
FOREIGN TAXES ON NONQUALIFIED 402 402   0