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
BANFI VINTNERS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)275 BROADHOLLOW ROAD SUITE 302
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MELVILLE, NY11747
A Employer identification number

11-2622792
B Telephone number (see instructions)

(516) 686-2506
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$5,754,426J 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 4,086 4,086  
4 Dividends and interest from securities... 268,602 268,602  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -40,278
b Gross sales price for all assets on line 6a 2,753,264
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 232,410 272,688  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
22,300 0   22,300
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
17,521 17,521   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,533 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,494 1,017   477
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 44,848 18,538   22,777
25 Contributions, gifts, grants paid....... 235,500 235,500
26 Total expenses and disbursements. Add lines 24 and 25 280,348 18,538   258,277
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -47,938
b Net investment income (if negative, enter -0-) 254,150
c Adjusted net income (if negative, enter -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......... 373,841 585,253 585,253
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,650,760 Click to see attachment
List of Attached Documents:
// Content
1,532,034 		1,532,034
c Investments—corporate bonds (attach schedule)....... 2,214,441 Click to see attachment
List of Attached Documents:
// Content
2,419,236 		2,419,236
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).......... 1,286,120 Click to see attachment
List of Attached Documents:
// Content
1,216,397 		1,216,397
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
5,039 		Click to see attachment
List of Attached Documents:
// Content
1,506 		Click to see attachment
List of Attached Documents:
// Content
1,506
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,530,201 5,754,426 5,754,426
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
3,559
23 Total liabilities (add lines 17 through 22)......... 0 3,559
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........... 5,530,201 5,750,867
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    
29 Total net assets or fund balances (see instructions)..... 5,530,201 5,750,867
30 Total liabilities and net assets/fund balances (see instructions). 5,530,201 5,754,426
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
5,530,201
2
Enter amount from Part I, line 27a .....................
2
-47,938
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
272,163
4
Add lines 1, 2, and 3 ..........................
4
5,754,426
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
3,559
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,750,867
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 SALE OF PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,752,358   2,793,542 -41,184
b 906     906
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -41,184
b       906
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -40,278
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 3,533
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 3,533
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 3,533
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 5,039
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,039
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 1,506
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow1,506 Refundedright arrow 11 0
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 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 arrowN/A
14
The books are in care ofright arrowSAMUEL FELIX Telephone no.right arrow (516) 686-2506

Located atright arrow275 BROADHOLLOW ROAD SUITE 302MELVILLENY ZIP+4right arrow11747
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)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 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)
Yes
 
(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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
PHILIP D CALDERONE THROUGH 123124 DIRECTOR / TREASURER
1.00 		0 0 0
275 BROADHOLLOW ROAD SUITE 302
MELVILLE,NY11747
CRISTINA N MARIANI-MAY DIRECTOR
1.00 		0 0 0
275 BROADHOLLOW ROAD SUITE 302
MELVILLE,NY11747
DENISE CAPUTO SECRETARY
1.00 		0 0 0
275 BROADHOLLOW ROAD SUITE 302
MELVILLE,NY11747
JASON ARFIN DIRECTOR
1.00 		0 0 0
275 BROADHOLLOW ROAD SUITE 302
MELVILLE,NY11747
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 arrow0
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
5,309,273
b
Average of monthly cash balances.......................
1b
421,552
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
5,730,825
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
5,730,825
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
85,962
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
5,644,863
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
282,243
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
282,243
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
3,533
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,533
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
278,710
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
278,710
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
278,710
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
258,277
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
258,277
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 7 278,710
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 257,335
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 258,277
a Applied to 2023, but not more than line 2a 257,335
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..... 942
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 .......... 		277,768
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....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
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 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 (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

ALAMO HEIGHTS SCHOOL FOUNDATION

7101 BROADWAY
SAN ANTONIO,TX78209 		N/A PC GENERAL OPERATIONS 1,500

AMERICAN CANCER SOCIETY

PO BOX 6704
HAGERSTOWN,MD21741 		N/A PC GENERAL OPERATIONS 2,500

AMERICAN WINE SOCIETY EDUCATIONAL FOUNDATION

PO BOX 264
LOVETTSVILLE,VA20180 		N/A PC GENERAL OPERATIONS 2,000

CAL POLY POMONA

3801 W TEMPLE AVENUE
POMONA,CA91768 		N/A PC GENERAL OPERATIONS 8,500

CHICAGO BLACKHAWKS FOUNDATION

1901 W MADISON ST
CHICAGO,IL60617 		N/A PC GENERAL OPERATIONS 2,000

CLEVELAND CLINIC - INDIAN RIVER FOUNDATION

PO BOX 128
VERO BEACH,FL32961 		N/A PC GENERAL OPERATIONS 20,000

COLUMBIA BUSINESS SCHOOL

622 WEST 113TH STREET MC 4524
NEW YORK,NY10025 		N/A PC GENERAL OPERATIONS 5,000

CULINARY INSTITUTE OF AMERICA

1946 CAMPUS DRIVE
HYDE PARK,NY12538 		N/A PC GENERAL OPERATIONS 8,500

DANA-FARBER CANCER INSTITUTE

10 BROOKLINE PLACE WEST 6TH FLOOR
BROOKLINE,MA02445 		N/A PC GENERAL OPERATIONS 1,000

DOLPHINS CYCLING CHALLENGE

HARD ROCK STADIUM 347 DON SCHULA
DRIVE
MIAMI GARDENS,FL33056 		N/A PC GENERAL OPERATIONS 1,000

EMILIO NARES FOUNDATION

8775 AERO DRIVE
SAN DIEGO,CA92123 		N/A PC GENERAL OPERATIONS 7,000

FLORIDA INTERNATIONAL UNIVERSITY

3000 NE 151ST STREET HM 208
NORTH MIAMI,FL33181 		N/A PC GENERAL OPERATIONS 2,500

FLORIDA STATE UNIVERSITY - DEDMAN COLLEGE OF HOSPITALITY

288 CHAMPIONS WAY UCB 4103
TALLAHASSEE,FL32306 		N/A PC GENERAL OPERATIONS 8,500

GEORGETOWN UNIVERSITY

BOX 0734
WASHINGTON DC,WA20073 		N/A PC GENERAL OPERATIONS 10,000

HOTCHKISS SCHOOL

11 INTERLAKEN ROAD
LAKEVILLE,CT06039 		N/A PC GENERAL OPERATIONS 15,000

IRISH AMERICAN PARTNERSHIP

15 BROAD STREET SUITE 210
BOSTON,MA02109 		N/A PC GENERAL OPERATIONS 15,000

JOHN'S ISLAND FOUNDATION

6001 HIGHWAY A1A PO BOX 8323
INDIAN RIVER SHORES,FL32963 		N/A PC GENERAL OPERATIONS 10,000

JOHNSON & WALES UNIVERSITY

8 ABBOTT PARK PLACE
PROVIDENCE,RI02903 		N/A PC GENERAL OPERATIONS 6,000

MARINE CORP-LAW ENFORCEMENT - BRESCOME BARTON

69 DEFCO PARK ROAD
NORTH HAVEN,CT06473 		N/A PC GENERAL OPERATIONS 2,000

METROPOLITAN STATE UNIVDENVER

PO BOX 173362
DENVER,CO80217 		N/A PC GENERAL OPERATIONS 6,000

NEW MEXICO STATE UNIVERSITY

PO BOX 30003
LAS CRUCES,NM88003 		N/A PC GENERAL OPERATIONS 4,000

NORTHERN ARIZONA STATE

PO BOX 5638
FLAGSTAFF,AZ86011 		N/A PC GENERAL OPERATIONS 4,000

OKLAHOMA STATE SCHOOL OF HOSPITALITY & TOURISM

PO BOX 1749
STILLWATER,OK74076 		N/A PC GENERAL OPERATIONS 8,500

SOCIETY OF WINE EDUCATORS

1612 K ST NW SUITE 1101
WASHINGTON DC,WA20006 		N/A PC GENERAL OPERATIONS 2,000

STEVE NASH FOUNDATION

9400 SUGAR CIRCLE
ANCHORAGE,AR99501 		N/A POF GENERAL OPERATIONS 1,000

SUSAN G KOMEN BREAST CANCER FOUNDATION

13770 NOEL ROAD SUITE 801889
DALLAS,TX75380 		N/A PC GENERAL OPERATIONS 1,000

THE HOTCHKISS FUND

11 INTERLAKEN ROAD
LAKEVILLE,CT06039 		N/A PC GENERAL OPERATIONS 40,000

UCBC CARES FOUNDATION

3320 OLD JEFFERSON ROAD BUILDING
800/3RD FL
ATHENS,GA30607 		N/A PC GENERAL OPERATIONS 1,500

UNITED SOMMELIERS FOUNDATION

275 ALEXANDRA DR UNIT 9
MOUNT PLEASANT,SC29464 		N/A PC GENERAL OPERATIONS 2,000

UNIVERSITY OF DELAWARE HOSPITALITY & BUSINESS

14 W MAIN ST - RAUB HALL
NEWARK,DE19716 		N/A PC GENERAL OPERATIONS 6,000

UNIVERSITY OF HOUSTON

4450 UNIVERSITY DRIVE ROOM 227
HOUSTON,TX77204 		N/A PC GENERAL OPERATIONS 8,500

UNIVERSITY OF NEVADA LAS VEGAS

4505 S MARYLAND PARKWAY BOX 451006
LAS VEGAS,NV89154 		N/A PC GENERAL OPERATIONS 8,500

UNIVERSITY OF SOUTH CAROLINA

3 EAST CANTERBURY COURT
BLYTHEWOOD,SC29016 		N/A PC GENERAL OPERATIONS 8,500

WIDENER UNIVERSITYBEVERAGE PROGRAM

ONE UNIVERSITY PLACE
CHESTER,PA19013 		N/A PC GENERAL OPERATIONS 4,000

WINE ON WHEELS

811 WALTON AVE D5
BRONX,NY10451 		N/A PC GENERAL OPERATIONS 2,000
Total .................................right arrow 3a 235,500
bApproved for future payment
Total ................................. right arrow 3b 0
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 ........... 		    14 4,086  
4 Dividends and interest from securities ....     14 268,602  
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 -40,278  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 232,410 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
232,410
(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 AccountingFeesSchedule
Name:
BANFI VINTNERS FOUNDATION
EIN:
11-2622792
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PKF O'CONNOR DAVIES-AUDIT AND TAX SERVICES 22,300 0   22,300

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

TY 2024 ExpenditureResponsibilityStmt
Name:
BANFI VINTNERS FOUNDATION
EIN:
11-2622792
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
STEVE NASH FOUNDATION
  		9400 SUGAR CIRCLE
ANCHORAGE,AK99507 		2024-06-04 1,000 GENERAL OPERATIONS 1,000 TO THE KNOWLEDGE OF THE FOUNDATION, THERE HAS BEEN NO DIVERSIONS 6/18/2024   N/A

TY 2024 GeneralExplanationAttachment
Name:
BANFI VINTNERS FOUNDATION
EIN:
11-2622792
Identifier Return Reference Explanation
  FORM 990-PF, PAGE 1, BOX J, ACCOUNTING METHOD THE FOUNDATION HAS CHECKED "ACCRUAL" FOR ACCOUNTING METHOD SINCE THE TAX RETURN HAS ALWAYS BEEN PREPARED ON THE ACCRUAL BASIS AS WELL AS THE AUDITED FINANCIAL STATEMENTS.

TY 2024 InvestmentsCorpBondsSchedule
Name:
BANFI VINTNERS FOUNDATION
EIN:
11-2622792
Name of Bond End of Year Book Value End of Year Fair Market Value
AMERICAN ELECTRIC POWER INC DUE 12/15/2054 50,000.000 SHARES 51,692 51,692
BANK OF AMERICA CORP DUE 12/31/2149 100,000.000 SHARES 100,843 100,843
BANK OF AMERICA DUE 11/27/2035 50,000.000 SHARES 49,327 49,327
BANK OF MONTREAL DUE 3/30/24 50,000.000 SHARES 49,371 49,371
BK OF AMERICA CORP DUE 03/16/2028 50,000.000 SHARES 49,859 49,859
BP CAP MKTS P L C DUE 12/31/2149 50,000.000 SHARES 49,142 49,142
CENTERPOINT ENERGY INC DUE 02/15/2055 50,000.000 SHARES 51,434 51,434
CITIGROUP INC DUE 06/30/2027 50.000.000 SHARES 49,754 49,754
CITIGROUP INC DUE 11/15/26 75,000.000 SHARES 71,320 71,320
CITIGROUP INC DUE 11/22/2033 50,000.000 SHARES 48,300 48,300
CREDIT AGRICOLE CORP & INVT BK DUE 04/11/2034 50,000.000 SHARES 47,648 47,648
DEUTSCHE BANK DUE 04/11/2031 100,000.000 SHARES 97,053 97,053
ENBRIDGE INC DUE 4/15/30 50,000.000 SHARES 48,344 48,344
FEDERAL HOME LOAN BANK DUE 09/13/2035 50,000.000 SHARES 49,952 49,952
FORD MOTOR COMPANY DUE 02/15/2047 25,000.000 SHARES 32,693 32,693
FORT WORTH TX SPL TAX REV DUE 03/01/2053 50,000.000 SHARES 52,729 52,729
GENERAL MOTORS FINL CO DUE 9/30/30 50,000.000 SHARES 48,592 48,592
GOLDMAN SACHS GROUP INC DUE 12/09/2026 25,000.000 SHARES 25,050 25,050
GOLDMAN SACHS GROUP INC DUE 12/31/2149 50,000.000 SHARES 49,438 49,438
GOLDMAN SACHS GROUP INC DUE 12/31/2149 75,000.000 SHARES 71,680 71,680
GOLDMAN SACHS GROUP INC FR DUE 04/30/2034 100,000.000 SHARES 98,695 98,695
GS FIN CORP DUE 07/31/2039 25,000.000 SHARES 24,175 24,175
GS FIN CORP DUE 09/30/2039 7.000% MJSD 30 50,000.000 SHARES 44,700 44,700
INDIANA MICH PWR CO DUE 03/15/2037 50,000.000 SHARES 51,525 51,525
JPMORGAN CHASE & CO (JPMPRC) 2,000.000 SHARES 50,880 50,880
LAFARGE SA DUE 07/15/2036 50,000.000 SHARES 55,320 55,320
LOCAL INITIATIVES SUPPORT 5.300% DUE 5/15/25 50,000.000 SHARES 49,902 49,902
MORGAN STANLEY FIN LLC 5.700% DUE 10/14/33 50,000.000 SHARES 50,500 50,500
NEW YORK NY TAXABLE DUE 12/01/2037 SHARES 20,993 20,993
NEXTERA ENERGY CAP HLDGS INC DUE 09/01/2054 50,000.000 SHARES 50,890 50,890
PIONEER MULTI ASSET (MAFRX) 10,000.000 SHARES 96,500 96,500
PNC FINL SVCS GROUP INC DUE 12/31/2149 100,000.000 SHARES 99,828 99,828
ROYAL BANK OF CANADA BUFFER ABSOLUTE DUE 06/03/2027 0.000% 25,000.000 SHARES 25,753 25,753
ROYAL BANK OF CANADA BUFFER RETURN DUE 12/03/2025 0.000% 20,000.000 SHARES 20,030 20,030
ROYAL BANK OF CANADA DUE 01/30/2025 0.000% 20,000.000 SHARES 2 2
ROYAL BANK OF CANADA DUE 01/30/2025 0.000% 25,000.000 SHARES 13,723 13,723
ROYAL BANK OF CANADA DUE 02/28/2039 25,000.000 SHARES 22,463 22,463
ROYAL BANK OF CANADA DUE 10/17/2038 50,000.000 SHARES 50,162 50,162
ROYAL BANK OF CANADA DUE 12/15/2032 50,000.000 SHARES 49,536 49,536
ROYAL BANK OF CANADA JR DUE 11/24/2084 50,000.000 SHARES 47,803 47,803
ROYAL BANK OF CANADA THEMATIC OPP DUE 03/10/2025 50,000.000 SHARES 53,125 53,125
SCHWAB CHARLES CORP NEW DUE 12/31/2149 100,000.000 SHARES 99,375 99,375
TORONTO DOMINION BANK DUE 2/28/24 50,000.000 SHARES 49,894 49,894
TORONTO DOMINION BANK DUE 3/31/24 50,000.000 SHARES 49,034 49,034
TRUIST FINL CORP DUE 12/31/2149 50,000.000 SHARES 49,729 49,729
WELLS FARGO BANK NATL ASSN CD DUE 05/21/2025 100,000.000 SHARES 100,478 100,478

TY 2024 InvestmentsCorpStockSchedule
Name:
BANFI VINTNERS FOUNDATION
EIN:
11-2622792
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBVIE INC (ABBV) 250.000 SHARES 44,425 44,425
AMAZON.COM INC (AMZN) 200.000 SHARES 43,878 43,878
APPLE INC (AAPL) 90.000 SHARES 22,538 22,538
AT&T INC (TXN) 1,000.000 SHARES 22,770 22,770
BROADCOM INC (AVGO) 300.000SHARES 69,552 69,552
CAPITAL GROUP DIVIDEND VALUE ETF (CGDV) 1,500.000 SHARES 52,890 52,890
CAPITAL GROUP GROWTH ETF (CGGR) 1,500.000 SHARES 55,755 55,755
CHEVRON CORPORATION (CVX) 200.000 SHARES 28,968 28,968
COCA COLA CO (KO) 400.000 SHARES 24,904 24,904
DUKE ENERGY CORP (DUK) 200.000 SHARES 21,548 21,548
EXXON MOBIL CORP (XOM) 300.000 SHARES 32,271 32,271
FIRST TRUST MORNINGSTAR DIVIDENDS LEADERS (FDL) 2,000.000 SHARES 80,520 80,520
GENERAL DYNAMICS CORP (GD) 100.000 SHARES 26,349 26,349
GILEAD SCIENCES INC (GILD) 350.000 SHARES 32,330 32,330
HOME DEPOT INC (HD) 100.000 SHARES 38,899 38,899
HONEYWELL INTL INC (HON) 100.000 SHARES 22,589 22,589
INTERNATIONAL BUSINESS MACHINES CORP (IBM) 200.000 SHARES 43,966 43,966
JPMORGAN CHASE & CO (JPM) 100.000 SHARES 23,971 23,971
LOCKHEED MARTIN CORP (LMT) 80.000 SHARES 38,875 38,875
MCDONALDS CORP (MCD MRK) 125.000 SHARES 36,236 36,236
MERCK & CO INC (MRK) 200.000 SHARES 19,896 19,896
METLIFE INC (MET) 500.000 SHARES 40,940 40,940
MICROSOFT CORP (MSFT) 100.000 SHARES 42,150 42,150
NEXTERA ENERGY INC (NEE) 400.000 SHARES 28,676 28,676
PACER FDS TR (COWZ) 500.000 SHARES 56,480 56,480
PEPSICO INC (PEP) 200.000 SHARES 30,412 30,412
PNC FINANCIAL SVCS GROUP INC (PNC) 200.000 SHARES 38,570 38,570
RESTAURANT BRANDS INTL INC (QSR) 400.000 SHARES 26,071 26,071
SEMPRA (SRE) 300.000 SHARES 26,316 26,316
TEXAS INSTRUMENTS INC (TXN) 200.000 SHARES 37,502 37,502
TRUIST FINANCIAL CORP (TFC) 800.000 SHARES 34,704 34,704
UNION PACIFIC CORP (UNP) 100.000 SHARES 22,804 22,804
UNITEDHEALTH GROUP INC (UNH) 50.000 SHARES 25,293 25,293
US BANCORP (USB) 800.000 SHARES 38,264 38,264
VANECK MOARNINGSTAR ETF (MOAT) 500.000 SHARES 46,363 46,363
VERIZON COMMUNICATIONS (VZ) 500.000 SHARES 19,995 19,995
VICTORY PORTFOLIOS II (MODL) 2,000.000 SHARES 80,460 80,460
VICTORY PORTFOLIOS II (VFLO) 2000.000 SHARES 68,180 68,180
VISA INC (VZ) 100.000 SHARES 31,604 31,604
WILLIAMS COMPANIES INC (WMB) 1,000.000 SHARES 54,120 54,120

TY 2024 InvestmentsOtherSchedule2
Name:
BANFI VINTNERS FOUNDATION
EIN:
11-2622792
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ARISTOTLE FDS SER TR CORE INCOME FD (PLIDX) 10,000.000 SHARES FMV 95,700 95,700
CAPITAL GROUP CORE BALANCED (CGBL) 2,000.000 SHARES FMV 62,540 62,540
DBX ETF TRUST XTRACKERS MSCI EAFE (HDEF) 4,000.000 SHARES FMV 97,160 97,160
DWS SHORT DURATION FUND (PPILX) 10,000.000 SHARES FMV 83,700 83,700
FIDELITY MERRIMACK STREET (FBND) 1,000.000 SHARES FMV 44,870 44,870
FIRST TR EXCHANGE TRADED FD (RDVI) 5,000.000 SHARES FMV 121,200 121,200
JP MORGAN EQUITY PREMIUM INCOME ETF (JEPI) 2,000.000 SHARES FMV 115,060 115,060
JP MORGAN NASDAQ EQUITY PREMIUM INCOME ETF (JEPQ) 2,000.000 SHARES FMV 112,760 112,760
JPMORGAN TR I STRATEGIC INC (JSOSX) 10,000.000 SHARES FMV 114,400 114,400
JPMORGAN TR IV (JHQDX) 3,000.000 SHARES FMV 55,650 55,650
MAINSTAY FDS TR (MXFIX) 10,000.000 SHARES FMV 88,800 88,800
PIMCO INCOME FD (PIMIX) 5,000.000 SHARES FMV 52,600 52,600
REALTY INCOME CORP (O) 250.000 SHARES FMV 26,705 26,705
UIT FT 60/40 TARGET INCOME 14,858.000 SHARES FMV 145,252 145,252

TY 2024 OtherAssetsSchedule
Name:
BANFI VINTNERS FOUNDATION
EIN:
11-2622792
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PREPAID FEDERAL EXCISE TAX 5,039 1,506 1,506


TY 2024 OtherDecreasesSchedule
Name:
BANFI VINTNERS FOUNDATION
EIN:
11-2622792
Description Amount
DEFERRED EXCISE TAX EXPENSE 3,559


TY 2024 OtherExpensesSchedule
Name:
BANFI VINTNERS FOUNDATION
EIN:
11-2622792
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 1,017 1,017   0
FILING FEES 250 0   250
OFFICE EXPENSE 227 0   227


TY 2024 OtherIncreasesSchedule
Name:
BANFI VINTNERS FOUNDATION
EIN:
11-2622792
Description Amount
UNREALIZED GAIN ON INVESTMENTS 272,163


TY 2024 OtherLiabilitiesSchedule
Name:
BANFI VINTNERS FOUNDATION
EIN:
11-2622792
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAX 0 3,559


TY 2024 OtherProfessionalFeesSchedule
Name:
BANFI VINTNERS FOUNDATION
EIN:
11-2622792
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANGEMENT FEES 17,521 17,521   0


TY 2024 TaxesSchedule
Name:
BANFI VINTNERS FOUNDATION
EIN:
11-2622792
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 3,533 0   0